The terms below will help you do that.ĭigital wallet : also known as a Web3 wallet, you can use these to store cryptocurrencies or NFTs. So while you’ll be safe when you’re using our platforms, it’s always wise to know how to stay protected if you venture out into the wider world of Web3. We prioritise our community’s safety above everything, in the real world and the digital. with Erik ten Hag in charge at Manchester United, we’re going to the moon. To The Moon : this is Web3 speak for saying that a project or a token price is going to keep going up and up. It means their funds are wiped out, like when a football club goes into administration. This is when a person loses lots of money through a bad trade or investment. Rekt : deliberate misspelling of Wrecked. Someone might say, ‘Probably nothing, but United just had their best start to a Premier League season in 11 years.’
Probably nothing : this is a jokey term in online circles, and people use it to ironically downplay a significant event. Similar to football fans who stick by their team through rough patches. This would mean, ‘When will United win the Premier League?’ĭiamond Hands : these are people who hold digital collectibles through the bad times, because they believe in the project. People often start a question about a project’s prospects with Wen, like ‘Wen Premier League?’. But just like VAR, which took a bit of getting used to, the words below will become second nature in no time. They don’t make complete sense when you first see them. This section defines unusual words and expressions that you’re certain to come across on your Web3 journey. The section above contains longer phrases shortened down to a few letters. For example, United fans could say it at the start of a Premier League season or when we’re 2-1 up in the 90th minute. Community members use this term to encourage each other. It’s a play on words of GGMU: Glory Glory Man Utd. This term is quickly catching on among United’s Web3 community on Discord. People use this to say goodbye at the end of the day.
A popular greeting in Web3 circles that people say at the start of the day. Similarly, no one should own or trade digital collectibles before carrying out their own diligence. Football coaches would never go into a game without scouting the opposition.
Take a look at the acronyms and initialisms below so you can speak the same language as seasoned veterans.ĭYOR : stands for Do Your Own Research. Web3 is no different it’s quickly creating a whole new dictionary of special lingo and secret phrases.
All cultures have their own in-jokes and made-up terms.
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