WAGMI & NGMI: The Rallying Cries of Web3

In the world of Web3, acronyms are everywhere, but few are as emotionally charged or as central to the culture as WAGMI and NGMI. These are not just slang terms; they are declarations of belief and identity within the crypto community.

WAGMI: "We're All Gonna Make It"

WAGMI is the ultimate expression of collective optimism in the crypto space. It's a rallying cry that embodies the belief that Web3 is a revolutionary technology that will bring success and financial prosperity to all of its early adopters and builders.

• When it's used: You'll see "WAGMI" tweeted during bull markets, in the Discord of a promising new project, or as a message of encouragement when the market is down.
• What it means: It's a statement of faith in the long-term success of the decentralized future. It suggests that by participating in this technological wave, everyone in the community is on a shared journey towards a better future.

NGMI: "Not Gonna Make It"

NGMI is the opposite of WAGMI. It's a term of judgment, often used dismissively to describe someone who doesn't understand the fundamental principles of Web3, makes a poor decision, or exhibits a "Web2" mindset.

• When it's used:
  • When someone sells their crypto at the bottom of a market crash out of panic ("Paper-handed and sold all their ETH. NGMI.").
  • When a company tries to enter the space with a project that is overly centralized or doesn't understand the culture.
  • When someone dismisses crypto as a fad without doing their research.
• What it means: It's a blunt way of saying, "You don't get it." It implies that the person or entity is on the wrong side of history and will miss out on the opportunities that Web3 presents.

Together, WAGMI and NGMI form a cultural binary, separating the "in-group" of believers from the "out-group" of skeptics. While they can sometimes be used in a gatekeeping way, at their core, they represent the powerful sense of shared belief and conviction that drives the Web3 community forward.