Meaning ‘We’re all gonna make it’, WAGMI is commonly used in the crypto space to instil confidence and encourage the community.

Wash trading is a form of trading where an asset is sold and bought back simultaneously or in close succession. Wash trading is an illegal form of trading in most jurisdictions.

Web1 is the ‘read-only’ web, which is a one-way communication channel that contains only static images and text.

Web2 is the second version of the World Wide Web (WWW) — the current version of the internet — characterised by the shift from the static web pages of Web1 to dynamic or user-generated content.

Sometimes referred to as the semantic web, Web3 is the ‘read-write-execute’ version of the internet, currently in development.

A whale is an individual or organisation that holds a significant amount of Bitcoin or other cryptocurrencies.

A white paper is a technical write-up for a project that explains everything from the purpose to its tokenomics to the technology of how the project works.

A ‘witness’ is a transaction signature attesting to the authenticity of a specific transaction, verifying a cryptographic claim.