Web3 is that universe that promises to revolutionize the world⦠but also invented its own language, full of technical terms, memes, and inside jokes.
If youβve ever felt lost between βHODL,β βDAO,β and βwen moon,β hereβs your survival kit: a dictionary split into three parts: the basics, the slang, and real-life situations translated into crypto language.
Blockchain
π An immortal digital ledger that records everything.
π Real version: your grandmaβs notebook of who owes what, but global and impossible to erase.
Wallet
π A digital wallet where your keys and tokens live.
π Real version: where you store your fortuneβ¦ until you lose the seed phrase and become a crypto ghost story.
NFT
π A unique token representing digital ownership.
π Real version: that JPEG that was once worth more than your car (at least during the bull market).
Smart Contract
π Code that executes agreements automatically.
π Real version: a contract without lawyers, but also without forgiveness if you mess up a comma.
Gas Fee
π The cost of using the blockchain.
π Real version: Ever paid $50 just to send $5? Welcome to Ethereum. Donβt worry, with Layer 2s, that same transaction now costs just a few cents.
Layer 2
π A secondary network built on top of a blockchain (usually Ethereum) that makes transactions faster and cheaper.
π Real version: Imagine Ethereum is a busy highway where every car pays $50 in tolls. Layer 2 is the express lane that costs just a few cents and actually moves.
Token
π A unit of value within a blockchain.
π Real version: like casino chips, but digital.
DEX (Decentralized Exchange)
π A platform to swap crypto without intermediaries.
π Real version: like trading cards at recess, except you might lose everything with one wrong click.
CeFi vs. DeFi
π Centralized Finance (exchanges, banks) vs. Decentralized Finance.
π Real version: The difference between trusting Binance with your moneyβ¦ or trusting yourself not to lose your MetaMask seedphrase.
Seed Phrase
π A list of 12β24 secret words that gives access to your crypto wallet. Lose it, and your funds are gone forever.
π Real version: Basically the keys to your digital kingdom. Forget it, and youβre just a tourist staring at your castle from the outside.
HODL
π Holding your tokens no matter what.
π Real version: either genius long-term vision or pure stubbornness.
WAGMI
π βWeβre All Gonna Make It.β
π Real version: collective self-help for when your portfolio looks like the Titanic chart.
NGMI
π βNot Gonna Make It.β
π Real version: when someone buys the top and sells the bottom.
Wen Moon?
π The classic question: when will prices skyrocket?
π Real version: the crypto equivalent of βare we there yet?β
gm
π βGood Morning,β the universal Web3 greeting.
π Real version: Doesnβt matter if itβs night or afternoon, itβs always gm somewhere. The secret handshake of a global community.
ser
π A polite way to address someone in the community.
π Real version: Web3βs way of saying βsir/maβam.β
Rug Pull
π When a project disappears with investor money.
π
Pending Transaction
π When the blockchain takes forever to confirm your action.
π Real version: that wire transfer that never arrives.
Stablecoin
π A digital coin pegged to the dollar (or another asset).
π Real version: that friend who never changes mood.
Bull Market
π A phase of rising prices.
π Real version: when everyone suddenly becomes a financial genius.
Bear Market
π A phase of falling prices.
π Real version: when the same βgeniusβ starts studying for a government job.
DAO
π Decentralized Autonomous Organization.
π Real version: a mix between a condo board meeting and a Telegram group, but with millions in the treasury.
Airdrop
π Free tokens distributed by projects.
π Real version: βfree moneyββ¦ until you burn half of it on gas fees just to claim.
Lost Keys
π Losing access to your private keys.
π Real version: locking yourself out of your house and tossing the keys into the ocean.
At the end of the day, the Web3 vocabulary is more than just strange English words: itβs a mirror of the digital culture being built in real time. Every βgm,β every βwen moon,β and every rug pull meme carries a piece of how this community laughs at itself while shaping the future of the internet.
Learning this language isnβt just about understanding blockchains or DAOs, itβs about joining a global community where humor, collaboration, and innovation go hand in hand.
π Congrats, you now speak fluent βCryptonese.β
And deep down, thatβs what connects everyone in Web3: technology, digital culture, andβ¦ really good inside jokes.

Devs do something!
π Desperate plea from holders when a project is collapsing.
π Real version: the battle cry of every bear market.
Paper Hands
π People who sell at the first sign of trouble.
π Real version: the friend who leaves the party because it started raining.
Diamond Hands
π People who hold no matter the chaos.
π Real version: the one who wonβt leave the party even when the drinks run out.
Pump and Dump
π When the price skyrockets and then collapses.
π Real version: a roller coaster of emotions in chart form.
Share Dialog
samchalom
Support dialog
All comments (0)