Glossary

'Blue-Chip'

'Blue-Chip' refers to assets with great value that are reliably profitable and expected to hold or increase its economic value, regardless of the general economic ups and downs. 

DAO

A decentralized autonomous organization or "DAO" is an internet-native organizations collectively owned and managed by their members. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain.

Ethereum

Ethereum is a decentralized, open source, and distributed computing platform that enables the creation of smart contracts and decentralized applications.

DeFi

Decentralized finance or "DeFi is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.

NFT

Non-fungible tokens or "NFTs" are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency

Smart Contract

A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network.

Crypto Wallet

A crypto wallet is a software-based system that is used to store, receive, and transfer cryptocurrencies and digital assets between parties.

Gas Fees

Gas fees for Ethereum refers to the fee, or pricing value, required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform.