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Web3 slang terms that are commonly used in the decentralized space. From greetings like GMGN to key phrases such as WAGMI and DYOR, understanding these terms can help you navigate the crypto and blockchain communities more effectively. Learn why these phrases matter and how they reflect the culture of Web3!
Key Topics:
• The meaning of GMGN (Good Morning, Good Night) and its use across time zones
• WAGMI (We All Gonna Make It) and its importance in maintaining a positive mindset during bear markets
• DYOR (Do Your Own Research) and its role in avoiding scams and making informed decisions
• Unique Web3 terms like contributors, DAOs (Decentralized Autonomous Organizations), and builders
• Differences in terminology between Web3 and Web2 communities
Quotes:
• "In Web3, we say GMGN no matter the time zone—it’s our way of greeting each other!"
• "WAGMI is what keeps us motivated, especially in tough times."
• "DYOR is crucial. You need to sound the alarm when necessary and understand the risks."
• "Web3 uses terms like ‘contributors’ and ‘builders’ differently than Web2, shaping a new kind of digital community."
