Glossary

Unlocking the language of the whitelist marketplace: A comprehensive glossary guide

Whitelist - a list of approved participants or addresses allowed to participate in a cryptocurrency sale, token distribution event, or mint NFT.
Launchpad - a platform for crypto start-ups to raise financing. Funds may be required for a variety of activities, such as refining or launching a cryptocurrency. Another goal of such initiatives is to build a crypto community that brings together developers and potential investors.
Airdrop - in the context of cryptocurrency is a distribution of tokens or coins to a large number of holders of a particular blockchain currency, typically for promotional or marketing purposes.
NFT - in the context of cryptocurrency is a unique digital asset that represents ownership of a unique item or piece of content, such as a digital artwork or collectible, that can be bought, sold, and traded on a blockchain.
FCFS - stands for "First Come First Serve" in crypto, it typically means the first people to meet the requirements or conditions of a particular event or opportunity, such as a token sale or airdrop, will be the first to be able to participate or receive tokens.
Flip - in crypto refers to the buying and selling of cryptocurrency assets to make a profit, usually by taking advantage of short-term price fluctuations.
Paper-hand - is a term used in crypto to describe investors who easily sell their assets due to small price drops or volatility, lacking the conviction or stomach to hold through market fluctuations.
Diamond-hand - is a term used in crypto to describe investors who are strong-handed, they tend to hold on to their assets during market fluctuations and volatility, unwilling to sell even when prices drop significantly.
Shill - is a term used to describe an individual who promotes a certain product or service, often through false or misleading statements, to benefit from it financially or otherwise. In crypto, it refers to people who promote a certain coin, token, or project in an excessive and often misleading way, with the intention of artificially inflating its value or creating hype around it.
Raffle - a type of lottery where people purchase tickets for a chance to win a prize. In the context of cryptocurrency, it refers to a fundraising event where participants buy tickets with cryptocurrency, and a winner is chosen randomly from all the participants to receive a prize, typically a large amount of the cryptocurrency being sold in the raffle.
Rug pull - is a term used in the crypto community to describe a scam in which a project's developers or creators suddenly and unexpectedly withdraw all of the funds raised during an initial coin offering (ICO) or another fundraising event, and then disappear, leaving investors with worthless tokens.
Public sale - an event where a new crypto project makes its tokens available to the general public, usually through an initial coin offering (ICO) for the purpose of raising funds for the development of the project. In this type of sale, anyone can participate and buy the tokens being offered, as long as they meet the requirements and conditions. Public sales are of several types:
- available to the general public;
- via whitelist;
- other requirements and conditions.
Listing - refers to the process of adding a new crypto coin or token on a cryptocurrency exchange, making it available for trading. Listing on a reputable exchange can increase the visibility and liquidity of the coin, and is generally considered as a positive development for the coin holders.
Roadmap - a plan or strategy outlining the development and growth of a company, project, or product. In the context of cryptocurrency, a project's roadmap is a detailed plan for the development and implementation of the project, which includes milestones, features, and deadlines for the release of new updates and developments. It is often used as a tool for transparency, giving the holders an idea of what to expect in the future, and assessing the legitimacy of the project.
Floor - a term used in finance to describe the lowest level that an asset's price can reach in a particular market. In the context of cryptocurrency, it refers to the lowest price point that a coin or token has reached and is expected to hold within a certain period. It is also used to describe a level of support, where the price is expected to bounce back up. It is important to note that crypto markets are highly volatile, and prices are subject to change rapidly.
SCAM - a fraudulent scheme, typically used to deceive people to gain something from them, such as money or personal information. In the context of cryptocurrency, a scam can take many forms, such as a fake ICO, a Ponzi scheme, a rug pull, or a phishing attempt. It can be perpetrated by individuals, groups, or even organizations, and the goal is usually to steal investors' money or personal information. It's important to do thorough research and due diligence before investing in any crypto projects.
No-brainer - an idiomatic phrase that means something that is so obvious, easy, or straightforward that it requires no thought or effort to decide. In the context of cryptocurrency, it can refer to an investment opportunity that is perceived as being highly profitable or a sure thing. It is important to note that there are no sure things in the crypto market, and it's important to do thorough research and due diligence before making any investment decisions.
Blue chip - a term that originally comes from the game of poker, where chips of the highest value are blue. In the context of the stock market, it refers to the stock of a well-established and financially sound company with a long history of steady and strong performance. In the context of cryptocurrency, it can be used to describe a cryptocurrency project or coin that has a long history of stable performance, large market capitalization, and a strong team behind it. It is considered a relatively safe and reliable investment.
FOMO - stands for "fear of missing out," it refers to a feeling of anxiety that an individual experiences when they believe that they are missing out on an opportunity, such as a profitable investment, or a new trend. In the context of cryptocurrency, FOMO occurs when an investor fears missing out on potential gains from a coin or token that is rapidly increasing in value, and as a result, they make hasty or impulsive decisions to buy, even at a high price. This can lead to bad investment decisions and even greater losses.
DYOR - stands for "Do Your Own Research" it is a common phrase used in the cryptocurrency community as a reminder for investors to take responsibility for their own investment decisions and not rely solely on the advice of others. It emphasizes the importance of researching and understanding the potential risks and rewards of any investment, including cryptocurrency projects and tokens before deciding to invest. This can include researching the team behind the project, the technology and the use case, the market trends, and the overall industry and regulatory environment.
FUD - stands for "fear, uncertainty, and doubt," and is used to describe tactics or messages that are spread to discourage or manipulate people from buying or holding a particular cryptocurrency.
Escrow - refers to a third-party service that holds and regulates the transfer of digital assets between parties, ensuring that the terms of a transaction are fulfilled before releasing the assets to the buyer.
Pump & Dump - a form of securities fraud where a group of individuals artificially inflate the price of a publicly traded asset through false and misleading statements, to sell the overvalued asset at a profit.
Rekt - a slang term used to describe a situation where an individual or entity has suffered a significant financial loss due to a poor investment decision, market downturn, or fraud.
Allocation - refers to the process of dividing and distributing funds among different cryptocurrencies, assets, or investment strategies to achieve a specific investment goal or risk management strategy.
DEX - (decentralized exchange) is a digital assets trading platform built on a blockchain network, where users have full control over their private keys and assets, allowing for peer-to-peer trading without the need for a centralized intermediary.
CEX - (centralized exchange) is a digital assets trading platform that operates under a centralized structure, where transactions are processed and controlled by a single entity and users' assets are held by the exchange in a custody-like fashion.
Smart contract - a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
Private Key - a secret code that allows a user to access and manage their crypto assets in a wallet.
Wallet address - a unique identifier that represents the destination or source of a cryptocurrency transaction.
Tokenomics - refers to the study of the economic systems and models built around a specific token or cryptocurrency, including its issuance, distribution, and potential value.
Wallet seed phrase - a sequence of words that is used to generate the private key of a cryptocurrency wallet, allowing the user to restore their wallet and access their funds in case of loss or damage to the device.
Token vesting - a process where the tokens are locked up for a specific period before they can be transferred or used, often used as a way to align the incentives of the token holders and the project by ensuring that the initial token holders do not immediately sell all of their tokens.
Token lockup - a process where tokens are restricted from being transferred or used for a specific period, it's used as a way to mitigate the risk of price manipulation, align incentives between token holders and the project, and control the release of tokens into the market.
Token distribution - refers to the process of issuing, allocating, and distributing a specific number of tokens among various stakeholders, such as founders, investors, and community members, it's a process that happens during the initial coin offering (ICO) or initial exchange offering (IEO) or after the mainnet launch.
Token generation event (TGE) - a process where a new cryptocurrency token is created and made available for purchase, usually through an initial coin offering (ICO), initial exchange offering (IEO), or other fundraising mechanism, TGEs are used to raise funds for projects and to distribute tokens to early supporters and investors.

PreviousAdvisors NextVision

Last updated 2 months ago

Glossary

Unlocking the language of the whitelist marketplace: A comprehensive glossary guide

Whitelist - a list of approved participants or addresses allowed to participate in a cryptocurrency sale, token distribution event, or mint NFT.
Launchpad - a platform for crypto start-ups to raise financing. Funds may be required for a variety of activities, such as refining or launching a cryptocurrency. Another goal of such initiatives is to build a crypto community that brings together developers and potential investors.
Airdrop - in the context of cryptocurrency is a distribution of tokens or coins to a large number of holders of a particular blockchain currency, typically for promotional or marketing purposes.
NFT - in the context of cryptocurrency is a unique digital asset that represents ownership of a unique item or piece of content, such as a digital artwork or collectible, that can be bought, sold, and traded on a blockchain.
FCFS - stands for "First Come First Serve" in crypto, it typically means the first people to meet the requirements or conditions of a particular event or opportunity, such as a token sale or airdrop, will be the first to be able to participate or receive tokens.
Flip - in crypto refers to the buying and selling of cryptocurrency assets to make a profit, usually by taking advantage of short-term price fluctuations.
Paper-hand - is a term used in crypto to describe investors who easily sell their assets due to small price drops or volatility, lacking the conviction or stomach to hold through market fluctuations.
Diamond-hand - is a term used in crypto to describe investors who are strong-handed, they tend to hold on to their assets during market fluctuations and volatility, unwilling to sell even when prices drop significantly.
Shill - is a term used to describe an individual who promotes a certain product or service, often through false or misleading statements, to benefit from it financially or otherwise. In crypto, it refers to people who promote a certain coin, token, or project in an excessive and often misleading way, with the intention of artificially inflating its value or creating hype around it.
Raffle - a type of lottery where people purchase tickets for a chance to win a prize. In the context of cryptocurrency, it refers to a fundraising event where participants buy tickets with cryptocurrency, and a winner is chosen randomly from all the participants to receive a prize, typically a large amount of the cryptocurrency being sold in the raffle.
Rug pull - is a term used in the crypto community to describe a scam in which a project's developers or creators suddenly and unexpectedly withdraw all of the funds raised during an initial coin offering (ICO) or another fundraising event, and then disappear, leaving investors with worthless tokens.
Public sale - an event where a new crypto project makes its tokens available to the general public, usually through an initial coin offering (ICO) for the purpose of raising funds for the development of the project. In this type of sale, anyone can participate and buy the tokens being offered, as long as they meet the requirements and conditions. Public sales are of several types:
- available to the general public;
- via whitelist;
- other requirements and conditions.
Listing - refers to the process of adding a new crypto coin or token on a cryptocurrency exchange, making it available for trading. Listing on a reputable exchange can increase the visibility and liquidity of the coin, and is generally considered as a positive development for the coin holders.
Roadmap - a plan or strategy outlining the development and growth of a company, project, or product. In the context of cryptocurrency, a project's roadmap is a detailed plan for the development and implementation of the project, which includes milestones, features, and deadlines for the release of new updates and developments. It is often used as a tool for transparency, giving the holders an idea of what to expect in the future, and assessing the legitimacy of the project.
Floor - a term used in finance to describe the lowest level that an asset's price can reach in a particular market. In the context of cryptocurrency, it refers to the lowest price point that a coin or token has reached and is expected to hold within a certain period. It is also used to describe a level of support, where the price is expected to bounce back up. It is important to note that crypto markets are highly volatile, and prices are subject to change rapidly.
SCAM - a fraudulent scheme, typically used to deceive people to gain something from them, such as money or personal information. In the context of cryptocurrency, a scam can take many forms, such as a fake ICO, a Ponzi scheme, a rug pull, or a phishing attempt. It can be perpetrated by individuals, groups, or even organizations, and the goal is usually to steal investors' money or personal information. It's important to do thorough research and due diligence before investing in any crypto projects.
No-brainer - an idiomatic phrase that means something that is so obvious, easy, or straightforward that it requires no thought or effort to decide. In the context of cryptocurrency, it can refer to an investment opportunity that is perceived as being highly profitable or a sure thing. It is important to note that there are no sure things in the crypto market, and it's important to do thorough research and due diligence before making any investment decisions.
Blue chip - a term that originally comes from the game of poker, where chips of the highest value are blue. In the context of the stock market, it refers to the stock of a well-established and financially sound company with a long history of steady and strong performance. In the context of cryptocurrency, it can be used to describe a cryptocurrency project or coin that has a long history of stable performance, large market capitalization, and a strong team behind it. It is considered a relatively safe and reliable investment.
FOMO - stands for "fear of missing out," it refers to a feeling of anxiety that an individual experiences when they believe that they are missing out on an opportunity, such as a profitable investment, or a new trend. In the context of cryptocurrency, FOMO occurs when an investor fears missing out on potential gains from a coin or token that is rapidly increasing in value, and as a result, they make hasty or impulsive decisions to buy, even at a high price. This can lead to bad investment decisions and even greater losses.
DYOR - stands for "Do Your Own Research" it is a common phrase used in the cryptocurrency community as a reminder for investors to take responsibility for their own investment decisions and not rely solely on the advice of others. It emphasizes the importance of researching and understanding the potential risks and rewards of any investment, including cryptocurrency projects and tokens before deciding to invest. This can include researching the team behind the project, the technology and the use case, the market trends, and the overall industry and regulatory environment.
FUD - stands for "fear, uncertainty, and doubt," and is used to describe tactics or messages that are spread to discourage or manipulate people from buying or holding a particular cryptocurrency.
Escrow - refers to a third-party service that holds and regulates the transfer of digital assets between parties, ensuring that the terms of a transaction are fulfilled before releasing the assets to the buyer.
Pump & Dump - a form of securities fraud where a group of individuals artificially inflate the price of a publicly traded asset through false and misleading statements, to sell the overvalued asset at a profit.
Rekt - a slang term used to describe a situation where an individual or entity has suffered a significant financial loss due to a poor investment decision, market downturn, or fraud.
Allocation - refers to the process of dividing and distributing funds among different cryptocurrencies, assets, or investment strategies to achieve a specific investment goal or risk management strategy.
DEX - (decentralized exchange) is a digital assets trading platform built on a blockchain network, where users have full control over their private keys and assets, allowing for peer-to-peer trading without the need for a centralized intermediary.
CEX - (centralized exchange) is a digital assets trading platform that operates under a centralized structure, where transactions are processed and controlled by a single entity and users' assets are held by the exchange in a custody-like fashion.
Smart contract - a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
Private Key - a secret code that allows a user to access and manage their crypto assets in a wallet.
Wallet address - a unique identifier that represents the destination or source of a cryptocurrency transaction.
Tokenomics - refers to the study of the economic systems and models built around a specific token or cryptocurrency, including its issuance, distribution, and potential value.
Wallet seed phrase - a sequence of words that is used to generate the private key of a cryptocurrency wallet, allowing the user to restore their wallet and access their funds in case of loss or damage to the device.
Token vesting - a process where the tokens are locked up for a specific period before they can be transferred or used, often used as a way to align the incentives of the token holders and the project by ensuring that the initial token holders do not immediately sell all of their tokens.
Token lockup - a process where tokens are restricted from being transferred or used for a specific period, it's used as a way to mitigate the risk of price manipulation, align incentives between token holders and the project, and control the release of tokens into the market.
Token distribution - refers to the process of issuing, allocating, and distributing a specific number of tokens among various stakeholders, such as founders, investors, and community members, it's a process that happens during the initial coin offering (ICO) or initial exchange offering (IEO) or after the mainnet launch.
Token generation event (TGE) - a process where a new cryptocurrency token is created and made available for purchase, usually through an initial coin offering (ICO), initial exchange offering (IEO), or other fundraising mechanism, TGEs are used to raise funds for projects and to distribute tokens to early supporters and investors.

PreviousAdvisors NextVision

Last updated 2 months ago