YOLO

What does YOLO means?

A short form of “You only live once.” This acronym isn’t limited to the NFT or crypto world only. Many people use it on social media outside of crypto to encourage people to live a full life and enjoy every bit of it while it lasts without regret or fear of any consequences.

But when used in NFTs or crypto, it can be hilarious.

Examples:

“Don’t YOLO all your SOL into a non-utility PFP.”
“YOLO your 50k USDT into SOL.”

Random Slangs

Flip

An act of buying and selling a digital product quickly. This decision is often a result of anxiety about the future of a project or

NFT Metadata

An NFT metadata contains vital information about that NFT. Most projects store NFT metadata in a distributed file system called the IPFS (InterPlanetary file system).

ICO

A short form of “initial coin offering.” It’s an early fundraising process for a crypto project, where a project development team sells its tokens to

Whale

They’re an influential personality in a crypto network (characterized by having huge capital whose decision can make or mare a project). For instance, a project

Simp / Simping

A person that desperately seeks a woman’s attention with their cryptocurrency or NFT. Generally, it describes someone who expresses extreme passion towards another person without