The NFT space can be intimidating to newbies. Many people in the space throw around acronyms and terms that are not used outside Web 3.0. Today, we will define commonly used words and phrases.

1. MetaMask
2. Seed Phrase
3. Secondary Market
4. Floor Price
5. Commercial Rights
6. Non-Comercial Rights
7. Rug / Rug Pull
8. Anonymous 
9. Pseudonymous
10. Doxed
11. KYC (Know Your Customer)
12. Ape In
13. BAYC (Bored Apes Yacht Club)
14. Derivative Project
15. Expansion Project
16. Burned
17. Meta Data

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NFT 101 Episodes:

#35 - Web 3.0 Explained

#29 - 10 Reasons to Buy NFTs

#7 - NFT Words & Verbiage