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1. Party Hat Lazy Lion NFT.
2. To own a Party Hat Lazy Lions NFT and be a part of the most exclusive club in NFT.
It's not a question of if, but when, PHAT will overtake LHAT as the most expensive trait group.

He's a 5 but he's PHAT so he's 1000000.
PHAT by PartyHatClub July 20, 2022
Related Words
Phat- sexy and attractive
If you are Phat you are very admirable and girls will fall for you
It’s also a good way to complement fat people
My brother Aiden is very Phat
Phat by Hairyberry1234566789 July 21, 2022
Term used in the 90's that stands for Pretty Hot And Tempting.
Yo man, she's PHAT, I'd hit that.
Phat by TayTay Ankles January 6, 2023
Her: you’re fat
Me: yeah fat spelt PHAT! Pretty hot and tasty
PHAT by Dith420 January 7, 2023
Used to describe a Thicc, volumptous, curvy woman as a compliment

(Note: sounds the same as fat, which is a rude insult)
Fat = bad
Phat = amazing
Bob: Damn, that girl is so fat!
John: Hey Bob, that's a bit rude. Plus, your lying because she is the hottest girl in the school!
Bob: Nah John, she is mega phat.
John: Mm, I want some of her phat.
Phat by BruhBro6969 August 8, 2023
Damn that girl is PHAT>
PHAT by Leroy-D-Man November 7, 2023