Tokenomics

What does Tokenomics means?

A combination of “token” and “economics.” It defines the financial chain attribute of a digital token that makes it attractive to investors. These include statistical trends in value, net worth, and adoption.

Random Slangs

GTD

A short form for “Going to dust.” It defines an NFT project that was probably once valuable but went down the drain and became a

FOMO

An acronym for “fear of missing out.” It’s a fear of missing big rewards despite investing in a project or a cryptocurrency. A FOMO might

Wen

A loose spelling of “when.” Crypto communities use it to inquire about the time of an event. Examples “Wen WL:” Asks when an NFT whitelist

Metaverse

The metaverse refers to an immersive virtual world (accessible by wearing a headset) that simulates real-life events, where people can interact regardless of the distance

Migration

Migration is the process of moving from one blockchain to another. However, the migrating blockchain native tokens (including NFTs) also move with it during migration.