Roadmap

What does Roadmap means?

A detailed outline of how an NFT project will achieve its aim. It contains all the strategies, plans, and routes an NFT project will take to be successful. Most NFT project teams include their roadmaps in their whitepaper. Indeed, roadmaps are some of the key pointers to the genuineness of an NFT project. So if you have a solid roadmap, chances are potential investors will trust your digital product.

Random Slangs

Private key

It’s the secret key that lets you access the wallet containing your cryptocurrency. It’s unique to you and used to sign your transactions, validating that

Miner

An individual who participates in crypto mining. Miners use high-performant GPUs, as the process requires high computing power as more miners join the mining process.

OG

A shortened NFT slang for “Original Gangster.” It describes early supporters or highly respected members of an NFT team. Most NFT communities assign this role

Liquidity pool

Crowd-sourced pool of cryptocurrencies or tokens locked in a smart contract to facilitate trades between the assets on a decentralized exchange (DEX).

IGO

IGO stands for “initial game offering.” It’s an early form of investment that allows the bidders to explore the early development stage of an NFT