Explore our glossary to understand key blockchain, cryptocurrency, and web3 terminology
A
Airdrop is a marketing or promotional activity where free tokens or coins are distributed to a specific group of people or a wider audience.
The term Altcoin is shorthand for “Alternative Coin”, and is used to refer to any cryptocurrency that is not Bitcoin.
Anti-dumping measures prevent market crashes by curbing excessive token sales from large investors, maintaining price stability.
B
At a high level, a bear market occurs when there is a decline in the stock market that lasts for several months, or longer.
A crypto bounty is a task or series of tasks that a cryptocurrency company or individual offers to the public.
A bull market is a period of rising stock prices, with investors willing to pay more, leading to higher valuations.
C
A centralized exchange (CEX) is an online exchange platform that facilitates the buying and selling of digital assets.
Coin emission is a process used to introduce new coins and tokens into circulation. We will explain the basics of coin emission and learn how it works.
Coin liquidity refers to how easily and quickly coins can be quickly bought or sold in the market without significantly affecting its price.
Coin listing is the process of having a cryptocurrency listed on a digital exchange. This allows traders to buy, sell, and exchange the token on that platform.
Digital collectibles are a type of NFT. They represent ownership of a unique item or piece of content in the digital world.
D
A Dead Coin in the cryptocurrency world refers to a token or coin that is no longer active or functional.
A decentralized autonomous organization (DAO) is a decentralized structure that operates based on pre-designed software protocols.
Distributed ledger technology (DLT) is a decentralized database managed by multiple participants, known as nodes.
DEXs are digital asset marketplaces that are completely peer-to-peer and operate without a central authority.
Decentralized social network refers to online platforms where infrastructure, decision-making, and content moderation are distributed among users.
E
Equity refers to ownership or stake in a project or company. In the crypto world, this ownership is often represented by tokens or coins issued by the project.
Volatility in the context of cryptocurrencies refers to the rapid and significant price fluctuations experienced by these assets over short periods.
ERC-20 stands for Ethereum Request for Comment 20. ERC-20 is a set of rules that a token must follow to function within the Ethereum ecosystem.
ERC-721 is a free, open standard that describes how to build non-fungible or unique tokens on the Ethereum blockchain.
F
G
GameFi combines gaming and DeFi, allowing players to earn real money through blockchain-based gaming activities.
Gas is the fee paid for transactions on the Ethereum blockchain. It is the fuel that powers the network and ensures that is processed quickly and efficiently.
Governance tokens, also called management tokens, are a type of cryptocurrency that gives its owners a right in decision-making in a decentralized network.
H
Hash is a mathematical function that takes an input (also known as a message or data) and produces a fixed-size output.
I
In-Game NFTs are a type of digital asset used within web and mobile games. The key feature of in-game NFTs is their uniqueness.
Initial Dex Offering, or IDO for short, is an innovative type of fundraising event for blockchain-based projects.
An Initial NFT Offering is a way of raising capital through the sale of NFTs. It is a method of tokenization that combines two powerful technologies
An initial coin offering (ICO) is a form of crowdfunding, used to raise capital by selling crypto tokens in exchange for cryptocurrencies.
IFO allows investors to buy shares of future company profits, offering a new alternative to traditional venture capital.
J
K
KYC regulations require organizations to verify customer identities to prevent misuse and ensure compliance with financial laws.
L
Launchpad is a platform that helps new projects launch their tokens or cryptocurrencies through ICOs, IEOs, or other similar fundraising methods.
A Liquid market is a term that is used to describe the state of a particular financial market where a large number of buyers and sellers are present.
Liquid Staking is an innovative staking solution developed to help users securely stake their digital assets and earn passive income.
Liquidity pools are digital technology-based financial instruments that contain vast amounts of digital assets and money. They are often managed as an open market.
Leveraged tokens are a new type of cryptocurrency that enable users to gain leveraged exposure to an asset without having to own it outright.
M
The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual reality.
Market volatility in crypto refers to the degree of fluctuation or variation in the price of cryptocurrencies over a given period of time.
N
An NFT pre-sale is an event where creators offer their NFTs for sale before they are available to the general public.
NFT royalties are a mechanism that allows creators to earn a percentage of sales every time their NFT is sold or re-sold in the marketplace.
An NFT marketplace is a digital platform where users can mint, purchase, sell, and trade NFTs.
NFT memberships are a type of digital asset that provides access to certain benefits, content, or communities.
O
An order book is a constantly updated list of orders to buy and sell a specific financial instrument, such as stocks, bonds, or cryptocurrencies, in real time.
P
Profile Picture NFTs, or PFP NFTs, are a type of digital asset that represents unique digital artwork, typically used as profile pictures on social media.
A public key is a long string of alphanumeric characters, generated from a private key through a complex mathematical algorithm.
A private key is a long string of alphanumeric characters, a secret code unique to each individual.
Play2Earn stands as a revolutionary gaming paradigm, offering players the chance to acquire real-world benefits through their gaming activities.
Q
R
A roadmap is a strategic plan that describes the future development and growth trajectory of a particular cryptocurrency project or company stock.
NFT Real Estate refers to the representation of real-world property as Non-Fungible Tokens on the blockchain.
S
Shilling is a practice in which individuals or groups promote a particular cryptocurrency or project for personal gain.
"Shitcoin" is a colloquialism within the cryptocurrency community, used to describe a digital currency that is considered to have no value or potential.
Stablecoins are digital currencies pegged to external benchmarks, providing stability in the volatile cryptocurrency market.
A seed phrase is a sequence of words used to recover a cryptocurrency wallet and it is essential for accessing digital assets.
A staking pool is a group of cryptocurrency holders who pool their funds together to increase their chances of earning rewards.
T
A token sale, also known as an initial coin offering (ICO), is a fundraising mechanism used by blockchain-based companies to raise funds for their projects.
Trade volume is a measure of the total number of shares or contracts that have been traded in a given period.
Timelock, also referred to as Locktime, is a functionality embedded in the Bitcoin protocol that enables users to schedule a transaction to be executed at a specific future time.
Total Exchange Value, often abbreviated as TEV, is a financial metric used to determine the complete value of a business.
Total Value Locked or TVL is the aggregate value of assets currently held in a DeFi protocol.
U
Utility tokens are a type of cryptocurrency token that provides access to a particular product or service.
V
Volume is calculated by adding up all the cryptocurrency units traded in a given period, usually over 24 hours.
Volatility in the context of cryptocurrencies refers to the rapid and significant price fluctuations experienced by these digital assets over short periods of time.
Venture capital is a segment of private equity finance, specifically designed to support startups that show promising growth trajectories in their infancy.
W
A whitelist is a list of addresses or entities that have been pre-approved to participate in a specific blockchain or cryptocurrency project.
Crypto arbitrage is becoming a popular trading strategy in the cryptocurrency market. We explain how crypto arbitrage works and what its potential risks are.
Wearable NFTs are a type of digital asset that represents virtual clothing or accessories that can be "worn" by a digital avatar in a virtual environment.
X
Y
Z
Zealy is a platform that allows crypto community to join various communities, participate in activities, and earn rewards.
