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Web3 glossary

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Term
Definition
JOMO

The opposite of FOMO, JOMO is an acronym for “ joy of missing out”. This is usually felt when an individual is happy about not investing into a project which declined instead of skyrocketing.

JPEG

Initially, JPEG was used as an insult by those against the NFT community. However, the NFT community has now adopted it as a source of pride as they know the intrinsic value of their NFTs.