Glossary

Web3: The Web3 constitutes a new version of the decentralized Internet thanks to which users would retain control over their personal data, in particular through the "blockchain".

DeFi: Decentralized Finance, is a generic term for financial services on public blockchains. DeFi offers you classic banking services: collect interest, borrow, lend... But more quickly, without paperwork and without intermediaries. Like most cryptocurrencies, DeFi is international, peer-to-peer, anonymous, and open to everyone.

Social-Fi : SocialFi are decentralized social networks resulting from the fusion of blockchain, Web3, DeFi and NFT technology, which allow us to monetize and add value to our social interactions.

NFT : abbreviation for Non Fungible Token. allows to associate a non-fungible asset (an image, a video, a music, a work of art) with a digital token. Holding this token means owning this asset, the authenticity of which is guaranteed by the blockchain. This asset can in some cases allow you to do certain things.

Hold: The fact of owning in a wallet a NFT.

Holders: People who Hold NFT in their wallet.

Hold-to-earn : Receive interest in the form of cryptocurrency only by the action of owning a NFT, nothing else.

Mint: Process of creating an NFT. The fact of registering it in the blockchain: equivalent to minting a coin.

Wallet: A wallet is a digital wallet, on computer or mobile, in which crypto-currencies and NFTs are stored.

Whitelist: List of wallets that will be able to buy before the public sale NFTs cheaper. (Registration is needed in order get into the whitelist).

ICO : Initial Coin Offering, is a method of distributing tokens via fundraising. It is used for launching projects related to cryptocurrencies and blockchain. This allows the project to raise funds, and it allows investors to take part in the project and speculate on its future value.

Token : Tokens are specific to each crypto-currency or project. For example, bitcoins are the tokens of the Bitcoin network and ethers are the tokens of the Ethereum network.

DAO: A Decentralized Autonomous Organization (DAO) is a blockchain-based governance system. It makes it possible to democratize decision-making for a community, avoiding going through a centralized body.

Utility token: A utility token is a cryptocurrency whose main function is to enable future access to a service or product offered by a company. When you invest in utility tokens, your end goal is to be able to offer or use a specific service.

Governance token: Are cryptocurrencies that represent voting power on a blockchain project.

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