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Ded: Just short for 'Dead', as in, 'this NFT is dead and over, avoid'.
#MEME LINGO MEANING SOFTWARE#
dApp: This means 'decentralised application' and is a piece of software that will run, if not only partially, on a blockchain instead of a traditional centralised server. Many NFTs that aim to raise money and host a fund for either good causes or future developments, such as games, will usually set up a DAO to run the fund as its rules cannot be changed without a vote. These are projects, studios and companies that are not run by one person or institution, instead the rules that govern a DAO are coded in smart contracts on the blockchain. DAO: This stands for Decentralised Autonomous Organisation. Copy Cat: Simple one, a project that imitates another. BTD: This one is 'Buy the dips' and is used to suggest an NFT's value is low but on the rise it can also be used to reassure a community. Bot: This refers to algorithms and automated software that can artificially pump projects, but can also be used to answer questions and help NFT holders. ATH / ATL: Another acronym (there's a lot), this one means 'All time high' and 'All time low' and is used to celebrate success and failure (or a chance to buy in cheap). Apes are slang for crypto and NFT investors. Ape In: This is used to explain how 'apes' (investors/collectors) are all-in on a project, and can lead to FOMO (see below). Community engagement in this way is vital to successful NFTs. If an NFT has regular AMA events, often on Discord, then you know they're open and generally good. AMA: This simply stands for 'Ask me anything' and is often used by NFT artists to launch their projects. AFAIK: This one means 'As far as I know', it's that simple. It's often used as a marketing method to get NFTs into the hands of influencers or celebrities, but it's also a way for NFT creators to reward early supporters who join whitelists. 
#MEME LINGO MEANING FOR FREE#
Airdrop: We have a detailed explanation in our guide to NFT drops, but basically these are scheduled releases of NFTs for free directly into your crypto wallet.It uses the Ethereum blockchain and celebrates coding as much as digital art. AB: This is actually an NFT platform called Art Blocks that hosts, sells and stores generative NFT art.You can find a good list of the best NFT artists at. Traditional artists coming into NFTs will likely find 1:1 Art projects a good place to start. Because of this 1:1 Art is higher in value as it's more scarce, such as Beeple's Everydays: the First 5000 Days, but it is also harder to sell and get into for newcomers. 1:1 Art: This refers to an NFT being one single piece of art, not a series or generative collection.Beeple is one of the world's most successful NFT artists (Image credit: Beeple)
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