Top 5 Web 3.0 terms 🔥| Blockchain Technologies

Published: 09 August 2022
on channel: Abhishek Prabhu
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NFT - stands for a non-fungible token - a unique digital asset on the blockchain

DeFi - stands for Decentralized Finance, where there’s no central authority such as banks or exchanges. Instead transactions rely on smart contracts on the blockchain.
APE - means blindly buying without conducting thorough research on a crypto coin or NFT collection, it’s used as “ape in”.
SHILL - promote a cryptocurrency
WAGMI - ‘We’re all gonna make it’. Used to build confidence, and encourage the community to not lose hope.


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