Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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NFT

These are non -replaceable tokens. Each of these tokens is unique, inseparable and exists in the singular.

Other Important Terms

Flip

This is a crypto -investor strategy entitled "Remove cryptocurrency, sell it, as soon as possible and forget it

This is the format of crowdfunding of cryptocurrency means, which allows you to purchase project tokens at low prices and in the early stages before they are available for a wide audience of users on trading floors. Pre-Eed Round (Pre-SID stage) is the earliest stage of financing of the project, in which only partners and large funds at the lowest price of token participate, but with the highest risks SEED/Strategic Round (SID/Strategic round) - the next stage at which the price of token is higher, but the risks are lower, because the degree of development of the project is better (as a rule is MVP) - only funds and partners participate Private Sale (Private Sale) - small funds, clubs of investors, media partners are involved, distinguish direct allocations for influents - the price of token is even higher and the risks below. Large projects with TIR1-2 funds rarely use privat Public Sale (public round) - public sail to buy in front of listing for everyone - the price of token is maximum, risks minimal Community Sale (community Round) - Sale for participants in a particular community HOLDER SALE (round for holders) is a sail for holders of certain

Dior or Dayor

The abbreviation, which stands for "conduct your own research." This term is used in cases where it is recommended to independently study the project, get acquainted with its white paper, see ratings on various aggregators, etc., and not to believe the word for other investors.

Decentralized Autonomous Organizations

DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an organisation that runs automatically on itself without any human interventions. The work is automatically excecuted through Smart contracts.

Steblcoins

These are cryptocurrencies that are universally recognized and attached to traditional fiat currencies, for example, to the dollar. Examples: USDT, USDC, DAI, BUSD, etc. Due to the fact that these cryptocurrencies are tied to stable assets, they are assigned the corresponding name "Stable coins" or "stabiboins".

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