DeFi: Decentralised finance (DeFi), inspired by standard centralised financial services, is software built on top of a blockchain that enables the creation of services with the added characteristic of being run on a distributed ledger. Users k. $BAMA | #Bitbama | #R2E.
FUD: FUD is a marketing and communications term that stands for ‘fear, uncertainty, and doubt’. It is a psychological tactic to influence people towards having a negative perception of something — such as a product, market, ly. $BAMA | #Bitbama | #R2E.
FOMO: Short for ‘fear of missing out,’ in crypto, FOMO refers to a trader’s or investor’s fear they may be missing out on a potentially lucrative opportunity. It has been seen as a major driving force behind the rapid rise and fall of Bitcoin’s price s. $BAMA | #Bitbama | #R2E.
Open Source: Code that is designed to be publicly accessible, meaning anyone can see, modify and distribute the code as they see fit. $BAMA | #Bitbama | #R2E.
GM: The acronym GM stands for ‘Good Morning’. In crypto, it is used to promote positivity, greet others, and build camaraderie online. Members of the Twitter community, in particular, regularly start off their day with a GM tweet, y. $BAMA | #Bitbama | #R2E.
Off-Ramp: A solution that allows investors and traders to convert cryptocurrencies to fiat currencies. Off-ramps are offered by most leading cryptocurrency exchange operators. $BAMA | #Bitbama | #R2E.
On-Chain Analytics: On-chain analytics refers to the act of analysing the data of a given blockchain, such as Bitcoin or Ethereum, to better understand trends and patterns related to network performance, user behaviour and the market. $BAMA | #Bitbama | #R2E.
Node: A participant in a blockchain network that communicates with other nodes to ensure its security and integrity. Nodes are able to validate transactions.
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Mutual Fund: A pool of money contributed by many multiple investors and run by a fund manager. The portfolio of a mutual fund will typically include assets like stocks and bonds.
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Metadata: Data that provides information about other data. In the context of NFTs, metadata describes an NFT’s properties. Examples of properties are names, IDs, descriptions, traits and links to images or multi-media.
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Meta: An investment trend in a given market. In the cryptocurrency market, examples of past metas include alternative layer-1 blockchains and metaverse-related tokens. The term is derived from ‘metagame’, a term used by gamers to describe an ever-
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