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Author Name: BoingBoing
This story was originally published on Boingboing.net. [1]
License: CC-BY-NC-SA 3.0.[2]


South Park explains what's really going on with NFTs

2021-12-21 00:00:00

South Park reveals the truth about NFTs. And if you are still confused, StyledSnail posted an explanatory video (below) along with this glossary of terms used:

HODL – Hold on for Dear Life (don't sell or panic when price spikes up or down)

NFTs – Non Fungible Tokens (completely unique one of a kind digital asset)

Moon – When the price has a strong upward trend

Right-click in reference to NFT pictures being screenshotted

Pump-and-dump – artificially raise the price just to sell out and leave

FOMO – Fear of Missing Out (the drive to buy before the price moons)

The Flippening – a possible future event where ethereum overtakes bitcoin as the biggest crypto)
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