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Beginners Guide to Make You Smarter for Web3 and Crypto Twitter (CT)
Fifty widely used slangs in the crypto & NFT space and what they mean in plain English
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An average person believes that cryptocurrency and NFTs are Ponzi schemes that give a delusional dream of getting rich quickly. People are too focused on scams and market crashes. Those things are prevalent even in the traditional non-crypto world. In terms of absolute numbers, crypto scams are probably much lower in comparison.
But few understand the impact of optimistic, loving and supportive communities growing as part of the Web 3.0 revolution. NFTs and cryptos are building communities like never before, and they have their own unique lingo that sets them apart on social media. Learning and using them regularly can help you develop more connections and maybe make new friends in the process.
Here are fifty widely used terms (or slangs) in the crypto and NFT space, starting with the most basic ones.
1. Crypto — Cryptocurrency
Crypto is straightforward short for Cryptocurrency. It is decentralized digital money on blockchain technology designed for use over the internet.
