A legacy term for things that are worth money. Traditionally referring to items like jewellery, precious metals, antiques, shares and property. This term can also be applied to Bitcoin (digital asset), Ethereum (productive digital asset), pudgy penguin (jpeg of a f*#king penguin), or any coin that a 14-year-old spun up in their parents’ basement.

General term for an artist. Also, the person who created the asset for the NFT, e.g. the code, jpg or the mp3 file.

A Non Fungible Token is a unique digital asset that exists on a blockchain. On Ethereum, it is created using ERC1155 or ERC721 standard for non-fungible tokens, as opposed to ERC20 standard for fungible tokens. NFTs are used as a form of digital ownership to represent a unique asset. In a simple form, that asset could be on-chain code like @artblocks art, or a link to a jpeg like @bayc. In a more complex form, it could be a real world asset like property from @PropyInc or even a @tesla.

Normies who don’t understand the transformative nature of NFTs will often claim to ‘right-click, save as’ and steal your NFTs. Whilst they have a small JPEG of your image, they have neither the rights to the image, or any credibility at all. Just laugh them off. There is also a fantastic OG blog that everyone should follow called right click save. And an epic Discord group called RCSA, but we are not allowed to talk about that.

Short for ‘right now’. There is no patience in the Web3 space. With attention spans so short, if something isn’t delivered RN, the community moves onto the next shiny JPEG that can be flipped for a profit.