NFTslangs.com

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Vault

What does Vault means?

A more secure digital storage for crypto assets. A vault is like a crypto wallet but has extra security features that let you delay a withdrawal contract by adding co-signatories. Hence, transactions made through a vault go through a delay and approval process and pends until all signatories approve it.

Random Slangs

Fren

A misspelled slang for “Friend.” In the NFT community, people address their buddies as “fren.” Example Hey “fren,” WAGMI!

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.

OS

An abbreviation of “OpenSea,” one of the largest NFT marketplaces. The NFT community often refers to OpenSea as OS on social platforms like Twitter and

Flex

A general term for show-off; refers to bragging about a digital asset. For instance, you can flex your NFT by displaying it as a PFP.

Presale

It’s the process of selling NFTs to chosen investors (usually early supporters) before the official mint date. Presales typically sell at a price below the

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