Project

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Project

Definition:

The collective noun for any new venture in web3, could be a new DeFi protocol or a group of NFTs. These can be generative, a limited series or whatever clever technique the Devs and project owner decides. Some will have utility; others will look nice as PFPs. Some may have a roadmap and some not.

Degen Chat

“Check out Pak’s new project ASH. It’s mined by burning NFTs. How do they come up with this awesome shit all the time?”

Related Terms:
  • Dictionary: Based
    Cool, epic, awesome. Often, but not always, in a rebellious middle finger to the establishment way.
  • Dictionary: Caretaker
    Person that sweeps the floor for an NFT project. Sometimes known as a janitor.
  • Dictionary: Cash Grab
    A low quality, low effort project designed only to make money and offer little value to the buyer. This term is often used in relation to poor quality NFT drops.
  • Dictionary: CM
    A community manager is a team member who looks after communication and engagement strategies for a project within their online communities. Usually, teams will have multiple CM's with different language skills working across different timezones to cover the global 24/7 nature of web3. Also, they can become an attack point when hackers target a Discord server.
  • Dictionary: Copycat
    An NFT project that copies the appearance of an existing project.


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