Advisor: an external person who brings value to a crypto project by giving advice or facilitating connections in the crypto space. They are often respected professionals and authorities in the sector. A startup project may gain more trust with potential investors if their list of advisors is well-respected in the industry. (see also: Incubator)
Aggregator: a website or program that collects information from various sources and displays it in a single location. An example is a price-tracking website that collects the price of assets from various exchanges and displays them. (see also: DeFi Aggregator)
Airdrop: a type of marketing campaign commonly used before a token launch where a crypto project distributes a specific cryptocurrency or token to an audience often in return for small tasks to help the project achieve more publicity and community growth.
Allocation: the maximum number of tokens that is reserved for a specific team, group, investor, institution, or another similar entity, usually within a specified pre-sale round.
Altcoin (Alternative Coin): all cryptocurrencies or tokens apart from Bitcoin (BTC). Some examples include Ethereum’s Ether ($ETH), Binance’s BNB ($BNB) and Cherry Network’s CHER coin ($CHER).
AML (Anti-Money Laundering): a legal framework used by governments to stop financial crimes. AML restrictions are an important consideration for projects that are launching as well as investors who wish to participate in their token sale. (see also: KYC)
APR (Annual Percentage Rate): the rate of return for staking or locking an asset such as a cryptocurrency or token over the course of a year assuming no compounding of the interest earned. (see also: Yield Farming)
APY (Annual Percentage Yield): the rate of return for staking or locking an asset such as a cryptocurrency or token over the course of a year. Interest is compounded on a regular basis and taken into account. (see also: Yield Farming)
Arbitrage: a type of investment strategy in which an investor attempts to profit by buying and selling an asset in different markets to take advantage of a price difference.
Ask Price: the lowest price a seller is willing to accept in exchange for a financial asset such as a cryptocurrency or token. (see also: Market Spread, Order Book)
ATH (All-Time High): the highest price reached by an asset at any point in its history.
ATL (All-Time Low): the lowest price reached by an asset at any point in its history.
Audit: the process in which trusted third parties inspect the underlying code and/or algorithm of a blockchain project’s coin or token and its smart contracts (or other technical infrastructure). The process is meant to confirm the security of the project by detecting any loopholes or vulnerabilities in its contracts.
AUM (Assets Under Management): the total market value of all the funds controlled by an individual or financial institution.
AMM (Automated Market Maker): a type of DEX that utilizes liquidity pools that allow cryptocurrencies to be priced using a constant mathematical formula and to be traded in a permissionless, automatic way. (see also: DEX, Liquidity, Liquidity Pool, LP)
Bear Trap: a technical price pattern that occurs when the performance of an asset wrongly signals a reversal of a rising price trend. At times, such reversals instead lead to follow-up buying, thus trapping the bears in their short positions.
Bearish: the belief that an asset such as a cryptocurrency or token is going to experience a downward movement in price. It could also indicate a pessimistic outlook for the market as a whole.
BEP-20: a token standard that acts as a blueprint for minted tokens on the Binance Smart Chain (BSC) network.
Bid Price: the highest price an investor is willing to pay for a financial asset such as a cryptocurrency or token. (see also: Market Spread, Order Book)
Blockchain: a public ledger of transactions that is maintained and verified by a decentralized network of computers that adhere to a consensus mechanism to confirm data. Each computer in a blockchain network maintains its own copy of the shared record, making it nearly impossible for a single computer to alter past transactions or for malicious actors to overwhelm the network.
Block Reward: the payment of a cryptocurrency or token to miners (POW) and validators (POS) for validating the transactions on a new block of a blockchain network. (see also: Nominator, POW, POS, Validator)
Bridge: a cross-chain connection that enables the exchange of information or movement of cryptocurrencies or tokens between two independent blockchains.
Bull Trap: a technical pattern that occurs when the performance of an asset wrongly signals a reversal of a downward price trend. At times, such reversals instead turn into follow-up selling, thus trapping bulls in their long positions.
Bullish: the belief that an asset such as a cryptocurrency or token is going to experience an upward price movement. It could also indicate an optimistic outlook for the market as a whole.
Burn: the practice of purposely and permanently removing a certain amount of a cryptocurrency or token from circulation by sending them to an inactive, inaccessible wallet address, thereby permanently reducing the supply of the token.
CeFi (Centralized Finance): financial technology (FinTech) applications that operate using a centralized governing body that controls users' funds. Centralized exchanges (CEXs), cryptocurrency custodians, and other FinTech applications like payment service providers are typically considered to be CeFi. (see also: CEX)
CEX (Centralized Exchange): a cryptocurrency exchange that is controlled by a company or entity that owns and operates it in a centralized manner. They offer some advantages such as allowing users to purchase cryptocurrencies or tokens with fiat currency, but have disadvantages such as preventing self-custody of tokens held on the platform. (see also: CeFi)
Circulating Supply: the number of coins or tokens of a particular cryptocurrency that have already been minted and are available to be traded.
Collateral: an asset or assets that a borrower pledges to guarantee that a loan will be repaid. If the borrower fails to repay the loan, part or all of the collateral will be used to repay it.
Consensus mechanism: a system used to validate the authenticity of transactions on a blockchain while maintaining the security and immutability of the chain. Proof of work (POW) and proof of stake (POS) are the two most common consensus mechanisms. (see also: POS, POW)
DAO (Decentralized Autonomous Organization): an organized community founded upon and governed by a set of computer-defined rules and blockchain-based smart contracts. Token holders are typically tasked with voting on governance proposals of the organization.
DApp (Decentralized Application): computer programs that exist and run on a decentralized blockchain network instead of a centralized platform. They have a variety of use-cases including gaming, finance, and social media among many others.
DCA (Dollar-Cost Averaging): an investment strategy where an investor buys a target asset in fixed amounts and at fixed intervals over a specific length of time.
DD (Due Diligence): the research process undertaken to determine whether a blockchain project’s fundamentals are sound and worthy of investment.
DeFi (Decentralized Finance): a sector in blockchain that offers peer-to-peer (P2P) financial services and technologies such as DeFi loans, investments, trades and swaps. It provides value through innovations such decentralized exchanges (DEXs), yield farming, liquidity tokens, P2P borrowing and lending and more. (see also: DEX, LP, Yield Farming)
DeFi Aggregator: a platform that brings together information and data across various decentralized finance (DeFi) platforms into a single location. (see also: Aggregator)
DEX (Decentralized Exchange): a type of algorithmic, peer-to-peer exchange that allows users to trade cryptocurrencies without the need for an intermediary. (see also: AMM, DeFi, Liquidity, Liquidity Pool, LP)
Diluted Supply: the maximum number of tokens that can be in circulation including any locked or not yet minted tokens that will be released in the future.
Dumping: the selling a token at market price or lower in an attempt to profit from a recent rise in price, or to cut losses in the event of a pessimistic outlook.
DVA (Dollar Value Averaging): an investment strategy where the amount of each investment varies according to the price trend of the target asset such as a cryptocurrency.
DYOR (Do Your Own Research): a common phrase used to encourage investors to complete their due diligence on a project before investing.
Elliott Wave Theory: a form of technical analysis that looks for recurring long-term price patterns related to persistent changes in investor sentiment and psychology.
ERC-20: the token standard that acts as a blueprint for minting fungible tokens on the Ethereum Network.
ERC-721: the token standard for minting non-fungible tokens (NFTs) on the Ethereum Network.
Escrow: an arrangement where assets are held by a trusted third party pending the fulfillment of the contracting parties’ respective obligations.
EVM (Ethereum Virtual Machine): a development interface that enables blockchain developers to build decentralized applications (dApps) more efficiently by providing an array of development kits, application templates, and other tools. Many layer 1 blockchains utilize EVM in development.
Explorer: an online blockchain browser that can display details of all transactions, wallets, cryptocurrency holdings and other relevant data pertaining to a blockchain network.
Fair launch: the equitable initial distribution of coins or tokens of a blockchain project. It is seen as an effective way to promote decentralization and engagement in the crypto community.
FCFS (First Come First Serve): a scheduling algorithm in which the first order to arrive is the first one to be processed. FCFS is a common term for launchpads in which potential investors can purchase tokens in a pre-sale based on the order in which the person arrives for the sale.
FOMO (Fear Of Missing Out): a mental or emotional strain a person experiences when they are afraid of bypassing an opportunity. Commonly used in the crypto community to refer to people investing quickly in a coin or token due to the fear of missing out on significant price increases.
Fork: a change to the protocol of a blockchain network that makes it diverge it into two branches, one that follows the previous protocol and one that follows a new version.
FUD (Fear, Uncertainty, and Doubt): an acronym to describe negative, usually unfounded, information about a blockchain project or its associated cryptocurrency or token.
Fundamental Analysis: a method of evaluating the intrinsic value of a financial asset such as a cryptocurrency or token by analyzing the factors that could affect its price in the future such as financial statements, industry trends, and external events and influences.
Fungible Tokens: cryptocurrencies or tokens that are divisible and not unique. They can be traded or exchanged for one another and hold the same value.
GameFi: a blockchain-based gaming model that typically employs play-to-earn (P2E) mechanics that allows users to be rewarded in cryptocurrencies or non-fungible tokens (NFTs) by winning or achieving certain milestones in the game. It allows gamers to buy, sell, and trade their in-game items on crypto exchanges or NFT marketplaces. (see also: IGO, P2E)
Gas: the fee required to successfully conduct a transaction or execute a contract on a blockchain network. The gas required for a transaction scales with the number of transactions occurring on the blockchain network at any point in time. (see also: Gwei)
Governance: the decision-making processes under which a blockchain project is run.
Governance Token: a cryptocurrency or token which gives its holders the right to vote on proposals and changes proposed by a blockchain protocol’s foundation or its community.
Gwei (Giga-wei): a denomination of the cryptocurrency Ether equal to 0.000000001 ETH which is commonly used to quote the current cost of gas to transact on the Ethereum blockchain. (see also: Gas)
Hard Cap: the limit set by a blockchain's code on the maximum supply of a particular cryptocurrency or token. It can also be used to set a limit on the maximum amount to be raised in a token pre-sale.
HODL (Hold): a slang expression that refers to the holding of cryptocurrency assets, as opposed to selling them. The term originated on Bitcointalk in a post in which someone misspelled 'hold,' and it became a lasting meme and crypto term.
Holder: an investor that possesses a cryptocurrency at any point in time.
ICO (Initial Coin Offering): a means of crowdfunding for early-stage blockchain projects in which funds are raised in exchange for cryptocurrencies or tokens. Most blockchain projects avoid raising through ICO these days because of strict regulations banning the practice in many jurisdictions.
IDO (Initial DEX Offering): a means of crowdfunding for early-stage blockchain projects through the use of decentralized fundraising platforms (Launchpads). Funds are raised in exchange for cryptocurrencies or tokens before they are listed on a DEX. (see also: Launchpad)
IEO (Initial Exchange Offering): a means of crowdfunding for early-stage blockchain projects through the use of centralized exchanges (CEXs). Funds are raised in exchange for cryptocurrencies or tokens before they are listed on a CEX. (see also: CEX)
IGO (Initial Game Offering): a means of crowdfunding for early-stage blockchain gaming projects. Funds are raised in exchange for GameFi or P2E-based cryptocurrencies or tokens before they are listed on an exchange. (see also: GameFi, P2E)
IMC (Initial Market Capitalization): the value of the circulating supply of a cryptocurrency or token when it first lists on an exchange. It is calculated by the formula: (Circulating Supply * Listing Price).
Immutability: the trait that describes something that cannot be changed. It allows data to be irreversibly codified onto a blockchain after transaction execution. It provides a blockchain network user with assurance that the information written on a blockchain has not and will not be altered.
Incubator: a company that helps startup blockchain projects by offering fundraising, marketing, auditing, advisory, and other services. (see also: Advisor)
INO (Initial NFT Offering): a method of crowdfunding for early-stage non-fungible token (NFT) projects in which funds are raised in exchange for NFTs. (see also: NFT)
Interoperability: the trait describing the ability of individual blockchain protocols to work and interact with each other with the primary goal of being able to transfer information and cryptocurrencies or tokens between the blockchains.
KOL (Key Opinion Leader): an influencer with expertise in a particular field who provides coverage on a blockchain project and introduces the project and its cryptocurrency or token to their followers.
KYC (Know Your Customer): the process of verifying the identity of a customer or client. Most launchpads and CEXs require their users to perform KYC before participating in sales or trading on the platform to ensure they are citizens of countries in which the platform operates. (see also: AML)
Launchpad: a platform that helps raise funds for early-stage blockchain projects by connecting them to individual retail investors and providing the technical infrastructure for the sale. (see also: IDO, Pre-Sale)
Layer 0: the foundational infrastructure of blockchains that allows individual Layer 1 blockchains to be built. It acts as a data communication bridge between independent blockchains allowing for greater interoperability. (see also: Parachain, Relay Chain)
Layer 1: a base network such as Bitcoin, Ethereum, or Cherry Network and its underlying infrastructure that can validate and finalize transactions without the need for another network.
Layer 2: a secondary framework or protocol built on top of an existing blockchain network whose goal is to solve the transaction speed and scaling difficulties faced by layer 1 blockchains. DApps built on a layer 1 blockchains are also considered to be layer 2.
Limit Order: an order to buy or sell a financial asset once a certain market price is reached.
Liquidity: the ability to exchange an asset such as a cryptocurrency without substantially moving its price and the ease with which an asset can be converted into fiat currency. In terms of markets, liquidity refers to the amount of trading volume in a market. Liquid markets tend to increase the liquidity of assets. (see also: Liquidity Pool, LP)
Liquidity Pool: cryptocurrency pairs that usually maintain a 50:50 ratio on a DEX/AMM in order to determine asset pricing and facilitate trading. (see also: AMM, DEX, Liquidity, LP)
LP (Liquidity Provider): a user who deposits tokens into a liquidity pool in return for LP tokens that represent their share of the liquidity pool. They receive a percentage of trading fees and other crypto rewards as an incentive for providing liquidity. (see also: AMM, DEX, Liquidity, Liquidity Pool)
MA (Moving Average): a technical indicator used by market analysts and investors to gauge market sentiment by summing the price points of a financial asset over a period of time (typically 20, 50, or 200 days) and dividing the total by the number of price points observed to arrive at an average. (see also: TA, Technical Indicator)
Mainnet: a fully developed and released version of a blockchain network.
Market Cap (market capitalization): The total value of all tokens in circulation at any point in time. It is calculated by the formula: (Circulating Supply * Token Price).
Market Maker: a company that provides liquidity and helps reduce the market spread of an asset. They play an important role in increasing the accessibility and liquidity of cryptocurrencies to traders, investors, and market participants.
Market Spread: the difference between the highest bid price and lowest ask price of a cryptocurrency or token on a centralized exchange (CEX) order book. (see also: Ask Price, Bid Price, Order Book)
Multi-Chain: the trait that describes a platform or protocol that is available on more than one blockchain network.
MVP (Minimum Viable Product): an early-stage product or service with enough functionality to attract early-adopters to validate the product idea.
NFT (Non-Fungible Token): a blockchain-based token that contains unique identification codes and data that separates it from other tokens assuring its uniqueness. (see also: INO)
Nominator: a person or entity who chooses to support validators in a proof of stake blockchain by staking their cryptocurrencies or tokens with them in return for a share of the block reward paid to the validator. (see also: Block Reward, Proof of Stake, and Validator)
Off-Chain Transactions: blockchain transactions that occur on a cryptocurrency network that move the value outside of the blockchain. Typically, these transactions are temporarily stored off-chain and written to the chain in bundles in order to improve scalability and reduce gas costs.
On-Chain Transactions: blockchain transactions that are written directly on the blockchain.
Oracle: a third-party service that provides blockchain smart contracts with access to external, non-blockchain-based data such as stock market prices, sports scores, the weather, and so on.
Order Book: an electronic list of buy (bids) and sell orders (asks) for a cryptocurrency or token organized by price. (see also: Bid Price, Ask Price)
Parachain (Parallel Chains): individual layer-1 blockchains that are able to run parallel to a central layer-0 relay chain facilitating the transfer of data or assets between the chains. (see also: Layer 0, Relay Chain)
Partners: collaborating companies or projects that strive for mutually-beneficial cooperation. Important types of partnerships in the crypto industry include marketing, technical, and financial partners. Strong partners can improve the reputation and enhance the network effect for early-stage blockchain projects. They are an important consideration when performing due diligence in your pre-sale investment decision process.
Pitch Deck: a brief presentation featuring information about a blockchain project’s team, tokenomics, partners, roadmap, and more that helps potential investors gain a better understanding of the project.
POS (Proof of Stake): a type of consensus mechanism used by blockchain networks in which validators and nominators stake tokens that act as collateral to ensure that the validators act in the best interests of the network. In return for validating new blocks, validators and nominators receive token rewards. (see also: consensus mechanism)
POW (Proof of Work): the original consensus mechanism used by Bitcoin. Blockchains are secured and verified by virtual miners who race to be the first to solve a math problem. The winner gets to update the blockchain with the latest verified transactions and is rewarded by the network with a predetermined amount of the associated cryptocurrency or token. (see also: consensus mechanism)
Pre-sale: the allocation of cryptocurrencies or tokens to be sold to investors before its public listing. It helps projects raise funds needed for development, marketing, and exchange liquidity while allowing investors to acquire the asset at a fixed swap-rate before listing. (see also: ICO, IDO, IGO, INO, Launchpad, Pre-seed Round, Private Round, Public Round, Seed Round )
Pre-seed Round: the earliest stage of investment in a crypto project in which VCs and other strategic partners usually invest in the equity of the project. (see also: Pre-sale, Private Round, Public Round, Seed Round, VC)
Price Support: a price level at which a downtrend in price can be expected to stop or slow down due to a concentration of buy orders on the order book. (see also: Order Book)
Price Resistance: a price level at which an uptrend in price can be expected to be impeded by a large concentration of sell orders on the order book. (see also: Order Book)
Private Key: a lengthy alphanumeric code that must be protected as it grants access to the owner’s cryptocurrency wallet and funds. You should safeguard your private key at all times and never give it to anyone.
Private Round: usually the second round of a pre-sale in which a project sells its tokens to whitelisted members of its community and other crypto communities. The token price is usually a little cheaper with slightly longer vesting than the public round. (see also: Pre-sale, Public Round. Seed Round)
Public Key: an alphanumeric code that allows you to receive cryptocurrencies in your wallet. You can safely share this key with others in order to accept cryptocurrencies or tokens from them.
Public Round: the final round of a pre-sale before the token hits the market. Tokens usually have the highest pre-sale price, but shortest vesting in the public round. (see also: IDO, IGO, Pre-sale, Pre-seed Round, Private Round, Seed Round)
Pump and Dump (P&D) a strategy employed by a trader or investment firm to buy a large amount of a cryptocurrency or token and later promote, or ‘pump’ up the underlying asset with misleading information to encourage unsuspecting investors to buy in and increase its value. Shortly afterwards, the trader or investment firm “dumps” (sells) the asset at the higher price for a profit, often resulting in losses for the subsequent buyers.
P2E (Play-to-Earn): the concept of playing video games in order to gain true ownership of in-game assets that can be sold and traded on the open market. (see also: GameFi, IGO)
Rekt (Wrecked): a slang term used to denote that a person is ruined, destroyed, or severely damaged from a bad investment. In the crypto space, it usually signifies that an investor has lost a large amount of money from a recent trade or investment.
Relay Chain: a Layer 0 blockchain infrastructure that supports the development and interoperability of parachains. (see also: Interoperability, Layer 0, Parachain)
Roadmap: a strategic plan or timeline that shows the goals and milestones of a project. (see also: Pitch Deck)
RSI (Relative Strength Index) : a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a cryptocurrency, token or other financial asset. (see also: TA, Technical Indicators)
Rugpull: the act of a project’s team abandoning a project by removing all the token’s liquidity from a DEX in an unexpected, sudden fashion. Recently, the use of the term has expanded to include any cryptocurrency scam in which the management of a project defraud their investor base.
Sats (Satoshis): named after the pseudonymous individual or group that created Bitcoin, Satoshi Nakamoto. They are the smallest divisible unit of the Bitcoin (BTC) cryptocurrency represented as 0.00000001 BTC. Many crypto investors denote the price fluctuations of their respective cryptocurrencies in terms of sats rather than fiat currencies.
Scalability: the ability of a blockchain network to process a large number of transactions per second (TPS) without compromising the speed or security of the network. (see also: TPS)
Security Token: a digital token supported by blockchain technology that represents a stake in an asset. (see also: STO)
Seed phrase (Recovery Phrase): a 12, 18, or 24-word code that is used as a backup access mechanism for a cryptocurrency wallet or associated private key. You should safeguard your seed phrase at all times and never give it to anyone.
Seed Round: an early stage investment round in which VCs, KOLs, and other key strategic partners can invest in a cryptocurrency or token at the cheapest price listed. (see also: KOL, VC, Pre-seed Round, Private Round, Public Round)
Sharding: the act of splitting data on a blockchain into multiple pieces, or shards, and storing them in different places allowing for better scalability and data security of the network.
Slippage: the difference between the expected price of a cryptocurrency or token and the actual price at which the trade is executed on a DEX. It is often caused by low liquidity or a transaction tax imposed on the asset. It is expressed as a percentage (see also: DEX, Liquidity)
Slippage Tolerance: the price difference between the order price and the actual price of the transaction of a cryptocurrency or token on an AMM that users are willing to accept. It is set as a percentage of the total swap value.
Smart Contract: a program developed and run on a blockchain network that automatically executes without any intermediary involvement when predetermined conditions are met.
Staking: the act of depositing cryptocurrencies or tokens on a blockchain or dApp in exchange for an incentive which can come in the form of interest payments, allocation in token sales in the case of launchpads, or governance rights. Staking also has the added benefit of contributing to a blockchain network by making it more resistant to attacks and more efficient in validating transactions. (see also: POS)
Start-Up: a newly-formed, usually small or medium-sized business.
STO (Security Token Offering): a type of public offering in which tokenized digital securities, known as security tokens, are sold. (see also: Security Token)
Stop-loss: a trading tool designed to limit the maximum loss of a trade by automatically liquidating assets once the market price reaches a specified value.
TA (Technical Analysis): the application of mathematical calculations called technical indicators to the historical and current price and volume data of a cryptocurrency or token to detect and analyze trends. (see also: Elliot Waves, MA, RSI, Technical Indicators)
Technical Indicators: the data used by technical analysts such as Moving Averages (MA), Elliot Waves (EW), and the Relative Strength Index (RSI) in technical analysis. (see also: Elliot Waves, MA, RSI, TA)
Testnet: an early-stage blockchain network used to perform tests and experiments before the mainnet of the blockchain is released. (see also: Mainnet)
TGE (Token Generation Event): the time when a token is created or minted on a blockchain for the first time. In recent times, TGE has come to be used to describe the specific date and time that a token is listed on an exchange.
Tokenomics: a summary of the technical values behind a cryptocurrency or token including its listing price, initial market cap, distribution, total supply, initial supply, release schedule, and other information about the token. (see also: Pitch Deck, Vesting, Whitepaper)
Total Supply: the total number of tokens that exist of a given cryptocurrency or token including any locked tokens yet to be released.
TPS (Transactions per Second): the number of transactions a blockchain network can theoretically process in one second. It is the leading indicator of a blockchain network’s ability to scale. (see also: Scalability)
Trading Pair: assets that can be traded directly for each other on an exchange.
Trendline: lines drawn on price charts to show the general direction of a cryptocurrency’s or token’s price. It can be used in technical analysis to determine whether it is a good time to buy or sell the asset. (see also: Technical Analysis)
TVL (Total Value Locked): the total market value of all assets staked by users on a blockchain or in a decentralized finance (DeFi) protocol. (see also: DeFi, Staking)
Utility Token: tokens that hold rights or use-cases which are involved in the functioning of the blockchain or project in question. Non-utility tokens, on the other hand, include coins such as Bitcoin that are used in transferring funds as well as security tokens.
Validator: a person or entity who stakes a large amount of a cryptocurrency or token on a proof of stake (POS) blockchain in order to be given the right to validate new blocks of the blockchain and be rewarded with additional coins or tokens. (see also: Block Reward, Nominator, Proof of Stake)
VC (Venture Capital): private investment in equity or seed-round tokens of startup blockchain projects. The term VC is also often used to denote the firm or person making the investment.
Vesting: the act of releasing tokens periodically or linearly over a period of time, usually controlled by smart contract code. A vesting schedule can be found in a cryptocurrency’s or token’s tokenomics. (see also: Tokenomics)
Volume: the total value of a cryptocurrency traded within a certain period of time. It provides an indication of the amount of demand for a particular asset.
Web 3.0 (Web3): the third generation of computing which utilizes technologies like blockchain that will decentralize the internet. It is designed to benefit all participants using a peer-to-peer (P2P) model for websites, applications, and the internet as a whole.
Whale: a subjective term that describes an individual or entity that holds a considerable amount of a particular cryptocurrency or token, usually with the ability to affect its price considerably based on their trading behavior.
Whitelist: a list of individuals or institutions that have been granted access to participate in a specific event such as a token pre-sale. (see also: Pre-sale)
Whitepaper: a document released by a cryptocurrency project that provides the entire scope of the project including its mission and vision, value proposition, tokenomics, team, roadmap and more.
Yield Farming: lending or staking cryptocurrencies in exchange for interest and other rewards. (see also: APR, APY, and Staking)