Informal Guide to Web3

Snapshot

snapshot

Web3 slang, known word with a different meaning


I.e., Related to an instant airdrop or free minting opportunity; a project or team takes a snapshot at a point in time to determine who’s eligible for a free NFT or token. 

 

Example: “CryptoDad took a snapshot and made all of its NFT holders at that time eligible to mint a CryptoMom NFT for free.” 

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