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 aim of an Airdrop is to create buzz and raise awareness about a particular cryptocurrency project.
The term Altcoin is shorthand for “Alternative Coin”, and is used to refer to any cryptocurrency that is not Bitcoin.
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 centralized exchange (CEX) is an online exchange platform that facilitates the buying and selling of digital assets such as cryptocurrencies, digital tokens, and fiat currencies.
Coin emission is a process used to introduce new coins and tokens into circulation. In this guide, 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 particular cryptocurrency listed on a digital exchange. This allows traders to buy, sell, and exchange the coin/token on that platform.
A Dead Coin in the cryptocurrency world refers to a token or coin that is no longer active or functional.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 works on the basis of pre-branded software protocols and allows for the independent, trustless, efficient, and transparent execution of a project or process.
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.
Equity typically refers to the ownership or stake in a particular project or company. In the world of crypto, ownership or equity is often represented by tokens or coins issued by a project.
ERC-1155, proposed by Enjin CTO Witek Radomski, is a token standard on the Ethereum blockchain that can represent both fungible (identical) and non-fungible (unique) tokens.
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.
GameFi is a unique combination of gaming and DeFi, where players can make real money through their gaming activities. This is made possible by blockchain technology and the use of cryptocurrencies.
Gas is the fee paid for transactions on the Ethereum blockchain. It is the fuel that powers the network and ensures that transactions are processed quickly and efficiently.
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 (INO) is a way of raising capital through the sale of non-fungible tokens (NFTs). It is a method of tokenization that combines two powerful technologies—blockchain and NFTs—to create a new type of digital asset.
An initial coin offering (ICO) is a form of crowdfunding, used to raise capital by selling crypto tokens in exchange for cryptocurrencies.
Launchpad is a platform that helps new projects launch their tokens or cryptocurrencies through initial coin offerings (ICOs), initial exchange offerings (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, and the price of the security changes frequently, in line with market demand.
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, allowing traders to easily enter and exit trades using the exchanges within them.
The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual reality.
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.
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 or other digital platforms.
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.
Shilling is a practice in which individuals or groups promote a particular cryptocurrency or project for personal gain.
The term "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 that tend to peg their market value to some external benchmark. The main purpose of stablecoins is to provide stability in the notoriously volatile cryptocurrency market.
A seed phrase, interchangeably referred to as a recovery phrase or backup phrase, is a sequence of words that encapsulates all the necessary information to retrieve a Bitcoin wallet or other cryptocurrency holdings.
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.
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 relatively short periods of time.
A whitelist is a list of addresses or entities that have been pre-approved to participate in a specific blockchain or cryptocurrency project.
A whitepaper is an authoritative report that provides an in-depth explanation of a novel technology, product, or service to potential investors, customers, and other interested parties.