Glossary

Whitelist - a list of addresses, which can participate in the sale of project tokens/minute NFT;

Launchpad - a platform where crypto start-ups can raise capital. Funds may be needed for various purposes, such as refining or launching crypto. Another purpose of such actions is to create a crypto community that would bring together developers and potential investors.

Airdrop - a marketing campaign to distribute some cryptocurrency for simple actions.

NFT - a non-exchangeable token. A unique digital object that gives ownership of a virtual commodity (e.g., digital art).

FCFS - First come, first served. Usually used in relation to activities for a limited number of users, i.e., those who do the activities first will be able to participate in the activity.

Flip - sale of tokens/NFT immediately after token minting/unminting

Paper-hand - Paper hands. Sell at a loss, or at a small profit.

Diamond-hand - brilliant hands. They confidently hold an asset to the tally.

Shill - advertising (PR) of the project in social networks.

Raffle - a raffle held in discord or Twitter, which gives a chance to win WL or NFT project.

Rug pull - when developers raise money and drop off the project.

Public sale - public sale of tokens or NFT collection to anyone who wants

Listing - Listing an NFT or token on an exchange/platform means that users can use it for their trading and investment transactions - free to buy or sell. This increases liquidity, especially if it is listed on a popular exchange/platform with a large number of users.

Roadmap - the roadmap of the project The promises of the devs on the project, tied to a realistic timeline

Floor - the minimum price for anything

Scam - to scam, cheat, deceive. Scammers - cheaters.

No-brainer - when the project is so good that it does not even need to be analyzed.

Blue chip - a project which is safe to invest in no matter what the market conditions

FOMO - fear of missing out. The fear of missing out on some profitable investment/feeling like you've already missed out.

DYOR - do your own research. Do your own analysis of what you are investing in.

FUD - fear, uncertainty, and doubt, usually used to refer to negative feelings about a project that people have elsewhere.

Escrow - a third party, between buyer and seller, who acts as a guarantor in a secure transaction

Pump & Dump - a sharp rise and equally sharp fall in the value of the cryptocurrency.

LFG - let's fuck*ng go. Used to express a positive sentiment about a project.

Rekt - broken, ruined (wrecked). Used when someone has lost a large amount on an investment.

Allocation - the amount of money you can buy a token for when you conduct a token sale.

DEX - a decentralized exchange.

CEX - centralized exchange.