NFTslangs.com

NFTslangs.com

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Snapshot

What does Snapshot means?

It’s a record of the blockchain state (ledger) at a specific block height (a specific point in a blockchain). Developers use snapshots to capture receiving wallet balances at a specific time during airdrops. So even if wallet owners pull out their money after a snapshot of their wallet, they can still participate in an airdrop.

Random Slangs

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

Meatspace

A combination of meat (flesh) and space (habitat); describes the physical world. It’s the opposite word of cyberspace. Examples “The metaverse can never be like

Ape-ing (into something)

When you ‘ape into’ something, it means that you’re buying something in an irresponsible manner and typically out of “FOMO”, and/or without doing your due diligence.

Shtposter

Another way of typing “shitposter.” It describes someone who derives joy from posting off-topic content on social platforms like Twitter. They aim to steer reactions,

Pump and dump

Pulling out of a project after pushing its price to the peak through deceit. In a “pump and dump,” someone or a group of people

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