@esmazi
So if you are new to crypto and some crypto terms seem confusing to you
I gat you covered, Here are some crypto/web3 terms and it meaning
1 DeFi:- Decentralized Finance
2. CeFi:- Centralized Finance
3. HODL:- Hold
4. DYOR: Do Your Own Research
5. NFT:- Non- Fungible Token;A token with an inherent quality that cannot be exchanged for another token.
6. DAOs:- Decentralized Autonomous Organizations.
7. Address( wallet Address):- A unique identifier used to transact upon a blockchain network.
8. Airdrop:- A distribution method in which tokens are sent to various wallet addresses for free (a marketing tactic to stimulate engagement.
9. Altcoin:- Alternative Coin; any digital coin/token that is not Bitcoin.
10. AML:- Anti-Money Laundering;Set of international regulatory standards applied to restrict organizational & individual money laundering activities
I will be dropping more soon, so stick with me drop a follow for more tips in web3 and growth strategies
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