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GM (Good Morning)

By
HackQuest
Jun 18, 2024
3 min read

Welcome to the world of Web3, where cryptocurrencies, blockchain, and a unique culture converge. Entering the world of Web3 can be both thrilling and overwhelming, especially when faced with the seemingly cryptic language used by enthusiasts. Don't worry if you feel they sound like some secret codes, we are here to unravel their meaning in Web3 context. In this article, we are going to introduce [GM].

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What does GM stand for?

"GM", short for “Good Morning”, is being used widely for text greetings among the crypto chats. Throwing a "GM" into crypto chats is like serving coffee at a morning meeting—it wakes everyone up and gets the blockchain buzz going. It's a secret handshake, signaling "let's ride the crypto wave together, one meme at a time!”

The origin of GM

Dating back decades as a common greeting, "GM" found a specific niche in the NFT world around 2017-2018. This period marks the emergence of influential NFT projects like CryptoPunks and CryptoKitties. The trend's roots in this community are traceable to a tweet by @NFT_SHIFTY in March 2018, showcasing the early adoption of "GM" in crypto conversations.

Early Twitter Use: The first known use of "GM" in an NFT context on Twitter dates back to March 8th, 2018, marking the beginning of its adoption in NFT-related conversations.
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(Source: NFT_SHIFTY)

Growing Popularity: Over 2018 and 2019, the usage of "GM" in NFT Twitter circles was sporadic but began gaining momentum by 2020, as more NFT enthusiasts started embracing it.

Example of using “GM” in crypto communities:

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(Source: HackQuest Discord )

The Influence of GM

Mainstreaming on NFT Twitter: By the beginning of 2021, "GM" had become a prevalent greeting within NFT Twitter. It was a greeting and a symbol of camaraderie and optimism in the community. Users like @CryptoCrazyGirl and @BeegSmokey frequently used it, with replies echoing the greeting. This growing usage led to a need for explaining "GM" within the community. In September 2021, @punk6529 created a thread detailing NFT Twitter slang, starting with "GM," indicating its simple meaning as "good morning." This tweet received about 1,800 likes in two months, highlighting its significance and widespread recognition in the NFT Twitter community.
GM Memes and GM Meme Coins: As "GM" gained popularity, it became the subject of memes and some criticism. Memes often used formats like Wojak, Pepe, and GigaChad, linking "GM" to cryptocurrencies like Ethereum and Solana. Meanwhile, some viewed the trend as a form of gatekeeping within the community. The GM Meme Coins emerged following a Twitter incident involving Solana Labs co-founder Raj Gokal. Gokal's strong response to criticism about the use of "GM" led to his account's suspension, prompting supporters to create meme coins GMWAGMIETH and WELOVEGM. These ERC-20 tokens, more symbolic than financial, were designed to promote the "GM" movement in the crypto community. While they can be purchased, their value primarily lies in supporting the movement rather than financial gain.
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(Source: Faces of Web3)

Conclusion

In the crypto community, "GM" isn't just a greeting; it's a cool way of showing we're all in this crypto journey together. Think of it as a digital high-five, making everyone feel part of something bigger. Sure, it's sparked some funny memes, meme coins, and a bit of debate – some think it's like an exclusive club password. But really, it's all about spreading good vibes and a friendly 'hello' in our ever-growing digital world.

If you would like to learn more about slang like GM, let’s explore more in our HackQuest Web3 Glossary!

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