Web3 Industry Jargon Compilation:
• Buidl / Buidler
• Buidl: Derived from 'Build', meaning to construct. Emphasizes focus on doing projects, conducting research, and developing technology. This spelling is not a mistake, but an industry habit.
• Buidler: Refers to 'builder'.
• HODL
• Hold On for Dear Life, meaning 'holding on tightly', which implies sticking to one's assets even when the market is highly volatile. Initially evolved from a typo.
• DYOR
• Do Your Own Research, meaning 'conduct your own research', reminding not to blindly trust others' opinions.
• OG
• Original Gangster, referring to veterans in the cryptocurrency space, individuals who entered early and accumulated significant experience and wealth.
• Whale
• Whale, an individual or entity that holds a large amount of cryptocurrency, capable of influencing market prices through large transactions.
• Degen
• Short for Degenerate, meaning 'gambler' or 'high-risk speculator', often refers to those who prefer high-risk, high-reward investments in the crypto space.
• To the moon
• Metaphorically refers to prices skyrocketing like a rocket to the moon, indicating a significant increase.
• LFG
• Short for Let’s fing go*, expressing excitement about positive news, with a sense of enthusiasm.
• 撸羊毛
• Refers to obtaining token rewards for free by participating in activities, airdrops, or promotions, similar to 'getting a bargain' in everyday life.
• FOMO
• Fear of Missing Out, the anxiety of missing opportunities.
• Mint
• Minting, primarily refers to the NFT space, the process of creating new NFTs or tokens through smart contracts.
• TGE
• Token Generation Event, meaning 'token issuance'.
• ICO / IDO / IEO
• ICO (Initial Coin Offering): Initial token issuance, similar to an IPO (Initial Public Offering).
• Airdrop
• Airdrop, when project teams distribute tokens or NFTs for free to users for marketing or incentives.
• 法币
• Fiat currency, currency issued by the government, such as Renminbi, US Dollar, etc.
Tip: Marvin, as the dog that has accompanied Musk the longest, has been mentioned multiple times by Musk in tweets. You can try a small investment cautiously, it might bring surprises!
