Top 5 Web 3.0 terms 🔥| Blockchain Technologies #Shorts #nfts #web3 #crypto #ape #defi #WAGMI

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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