If you’ve ever played a game on the Nintendo DS, you’ve probably heard about digital collectibles. While that may sound confusing, the term is actually used to describe any type of item, whether it’s digital or not. This article will help you understand the various terms, including Blue-chip NFT projects, Diamond hand, and Apeing. Let’s dive right into the terms and learn how they affect the game.

Blue-chip NFT projects

Crypto punk is one of the best-known NFT projects. It was minted at 2.5 ETH per piece, and will sell for at least $532 million by 2022. It is a smart contract, and its owners will get 5% royalties on secondary sales. The project has earned the praise of celebrities including Neymar Jr. and Justin Bieber, who own NFTs for $250,000 each.

While many NFT projects have a roadmap, few are successful in executing it. If you want to invest in future blue-chips, you should look for projects without immediate hype. These are the projects that can take off when the market catches up. Luckily, many NFT projects list their projects anonymously. As a result, you can judge whether a project will become a blue chip by observing its team.

The term “blue chip” is a common term in the NFT industry. The term is derived from the poker game: blue chips have the highest value. Blue-chip NFT projects are likely to be profitable for many years to come. This is an excellent investment opportunity for those who want to build a portfolio and make money on the future. You can find blue-chip NFT projects in a wide variety of fields, from music to avatars, to in-game items.

Diamond hand

You’ve probably heard of the expression “diamond hand” or “DFT.” This expression describes long-term NFT holders. They’re generally considered to be the gold standard in the NFT community and often create long-term demand for artists. You’ve also probably seen it in memes or as a reference to someone who has invested in high-risk stocks. But are diamond hands really worth your money?

A “degen” is a term referring to someone who has poor risk analysis and rushes into a hot NFT. Because they’re afraid of missing out on the gold rush, degens generally end up with nothing. In contrast, an investor with a “diamond hand” tends to hold on to an NFT for years. If a degen holds on to an NFT, they’re stuck with a dead resale market.

The opposite of a diamond hand is a “paper hand” – someone who sells a crypto asset for a low price. A “paper hand” also refers to someone who sells at a low price to gain attention. Another term to know is “PFP” (profile picture project). Many NFTs use PFP as their avatars on social media. DYOR is another acronym for “Do Your Own Research.”

Diamond trait

The company behind the NFT is called Diamond Pepes Pty Ltd. The company hopes to bring a new era of fun and utility to the diamond industry. They utilize game theory to create a new duel function that allows Gen 2 holders of the Diamond Pepes to compete with each other in various projects. The NFT platform also allows its users to participate in various projects by voting for their favorite ones.

The collectors find a lot of excitement in identifying rare nfts. They analyze and compare nfts to create buzz. They also think about the traits of each nft to add complexity and benefit when they sell them. Many collectors find this approach incredibly valuable. Here is why:

Apeing

A rare NFT is known as a Bored Ape and it is a very popular collectible. This ape, whose backstory is created by the owner of the NFT, sells for up to $20,000 per piece. It has even reached a value of over $1 million, which makes it extremely rare. The Bored Ape represents a future where everyone is rich and bored by crypto trading.

In early 2018, the ape meme was causing strong moves in cryptocurrencies, including Shiba Inu and Dogecoin. The ape meme was noticed by members of the Bored Ape Yacht Club while trading cryptocurrencies. When the NFT bubble burst in value in the spring of 2021, two NFTs (CryptoPunks and Hashmasks) skyrocketed in value.