- A -
Airdrop: Free distribution of a certain amount of a cryptocurrency. Often initiated by the creators of a project towards their community. This usually allows to make some of the supply liquid, when launching a new crypto project for example. In our case, we indicate if the platform is compatible with this type of practice.
AMM: Automated market makers (AMM) are decentralized exchanges that pool liquidity from users and price the assets within the pool using algorithms.
API: Abbreviation for Application Programming Interface. APIs simplify software innovation and development by allowing applications to exchange data and functionality securely and easily.
Art: Category of NFT, describing a diverse digital work, which can be in the form of an abstract drawing or in a more concrete way such as a canvas, 3D representation, …
- B -
Blog: A web page or website regularly updated, run by a small group or an individual, written in a conversational or informal style.
Borrowing: Refers to borrowing assets, usually for use in a protocol or in decentralized finance (DeFi).
Buy & Sell Crypto with FIAT: Service allowing the direct exchange of traditional currencies (FIAT) against cryptocurrencies and vice versa.
- C -
Cards: NFTs that can be collected, traded and used in play to earn games.
CBBC Trading: The CBBC is an emerging hot investment tool in recent years. Similar to the warrant, it is also subject to terms such as strike price, expiry date and entitlement ratio. The CBBC is similar to the futures index trading.
Cloud Mining: Allows you to rent machines in the cloud in order to mine cryptocurrency with complete peace of mind, but with a yield, that can be reduced.
Copy Trading: Copy trading is a trading technique that involves copying or following the positions of another investor or trader.
Crypto Credit Card: Similar to the classic bank card, it allows you to use your cryptocurrencies for your payments, often at no cost and even with cashback.
Crypto Gifts: Refers to the fact that a platform gives you a certain amount of cryptocurrency for free in order to sign up or make specific actions.
Crypto Index: An index brings together several assets or cryptocurrencies in order to give a value to this set. The assets do not necessarily have the same share within the index, these shares are often weighted according to the strength of the asset in the market. Indexes make it possible to measure the performance of a market segment, or to diversify more easily by trading them.
- D -
DeFi: The Decentralized Finance (DeFi) aims to create an ecosystem of financial services. Transparent, open-source and non-censorable. It is a sector that claims to be open to everyone, because it does not have a central operator. The users retain full control of their assets and interact with the ecosystem via peer-to-peer (P2P) and decentralized applications (DApps).
Documentation: Indicates whether the platform or tool has quality resources and documents.
Domain Names: A domain name is the Internet address of your website. It is what Internet users type in the search bar of a browser to access your pages directly. They can be sold as an NFT on some platforms.
- E -
Ecology: Refers to a specific service in any connection with an ecological or environmental effort.
eSport: Refers to the fact that a game is played in professional tournaments.
ETFs: Investment funds whose objective is to replicate the performance of a given index. A market index tracks the performance of a selection of investments.
- F -
Farming: This is a process in which users provide liquidity to DeFi protocols and in return receive specific tokens to earn interest.
Free to Play: This refers to games where you can start playing without having to pay any money.
Futures Trading: It is a type of derivative contract, so you trade an underlying asset. It is one of the most widely used financial instruments for individuals. It offers many advantages such as low spread and fees or the use of high leverage.
- G -
Governance: Governance corresponds to the methods of decision-making and implementation of organisational choices. In principle, in blockchains, decision-making is decentralised, as is the architecture of the network. Some centralized platforms can also set up certain governance systems, often by holding their token.
- H -
- I -
- J -
- K -
KYC: “Know Your Customer”, this term refers to all procedures that require you to send documents to prove your identity. Some exchanges or ICOs for example, will often ask you to go through a KYC verification process, where you will need to send a selfie, ID and proof of residence. These steps are aimed at combating money laundering. It has become a legal requirement in many countries.
- L -
Launcher: For the gaming category, specifies if the game concerned has a launcher application, where other services can be found.
Lending: Consists of lending crypto-currencies for a certain period of time to earn passive income. This loan can be on demand or on a fixed term basis and requires the crypto-currencies to be blocked for the duration of the loan.
Leveraged Tokens: Leveraged Tokens are a type of derivative product that give you leveraged exposure to the underlying asset. The price of a leveraged token moves along with price changes in the perpetual contract market, and the leverage level moves up and down accordingly. Unlike margin trading, leveraged tokens allow you to gain exposure to leveraged positions without having to put up any collateral, maintain a maintenance margin level, or worry about the risk of liquidation. However, even though you don’t have to worry about the risk of liquidation, there are still risks associated with leveraged token positions, such as the effects of price movements in the perpetual contracts market, premiums, and funding rates.
Limit Order: With a Limit order, you will specify the price at which you want to enter/exit your position. The trade will only be executed when the desired price is reached. This allows you to place orders in advance if you want to buy or sell at a specific price.
Liquidity Provider (LP): Users who inject their own liquidity into a liquidity pool (with tokens that they own) in order to increase the size of the pool and thus facilitate exchanges on the platform. They will benefit from commissions on each transaction carried out on the concerned pool.
Lottery: A lottery refers to a draw, which results in a winner or a group of winners.
- M -
Margin Trading: Consists of borrowing money to benefit from leverage within the framework of its trading activities. Margin trading allows you to amplify your gains, but also has the effect of increasing your losses. It is therefore a practice that can be very risky.
Marketplace: For the gaming category, specifies if the game concerned has directly integrated a place to make exchanges with other players.
Masternodes: These are computer servers that ensure the proper functioning of a blockchain based on Proof of Stake, by validating and securing transactions.
Mining Hardware: Refers to machines or other equipment specifically designed to mine cryptocurrency.
Mining Farm: Refers to structures or places specifically designed to mine cryptocurrencies.
Mining Pool: This is a mining process in which miners come together to mine together. The remuneration is then shared equitably between the minors according to the share of contribution of each. Overall, this process makes it possible to have much more frequent and regular remuneration, but also less.
Mobile App: A mobile app is a program running on the operating system of a smartphone or tablet. The application can be free or with charges.
Multilingual: Refers to a service or a tool available in several languages.
Multiplayers: A multiplayer game allows you to play with or against other people.
Music: Category of NFT, any music artist can share and sell their compositions on certain compatible platforms.
- N -
NFT: A non-fungible token is a special type of cryptographic token that represents a digital object. The use and application of NFTs are video games, digital art and collectibles, memes and internet culture, digitisation of contracts and agreements, and others. Each of these NFTs will have its own characteristics, so they are unique and therefore not interchangeable.
NSFW: (Not safe for work) Represents a category of NFT offering sexually explicit content.
- O -
Open to all Creators: Concerns NFT platforms. Indicates that anyone can submit their creations on the platform, not just specific or privileged users.
- P -
Parachains: They are secondary chains based on Polkadot. These are personalized and anchored in the Relay Chain (the main network where transactions are finalized).
Photography: Category of NFT referring to the works of photographers.
Play to Earn: This refers to games where you can earn rewards while playing, which can give you real financial benefits.
Precious Metals: Refers to the fact that you can trade precious metals (for example: gold, silver, palladium, platinum) on the platform.
Private Key: The private key is one of the element that compose a wallet, a variable in cryptography used with an algorithm to encrypt and decrypt a code. The private key gives us control of a public address and therefore of the funds attached to it. It will be used to send a payment, but must not be communicated under any circumstances.
Private Sales: Service offering a sale of new tokens reserved only to a small group of investors. The prices offered in this type of sales are generally much lower than the current price on the market.
- Q -
- R -
Real Estate: Indicates a service for investing in real estate.
- S -
Saving: Refers to a service allowing passive interest on cryptoassets to be generated, even if their protocol does not allow it.
Shopping: Indicates a specific service offering purchasing possibilities in the traditional environment.
Sport: Category of NFT designating objects related to the sport environment.
Spot Trading: Spot trading involves buying or selling financial instruments and assets such as cryptocurrencies directly. Delivery of the asset is often immediate, and you can only use assets that you own. Spot transactions are different from futures transactions. Any asset that can be traded via a future contract can be quoted as a spot contract.
Staking: Staking can be compared to traditional savings. This mechanism to generate regular interest is only available for cryptocurrencies operating with Proof of Stake. We indicate whether the platform concerned supports this type of service on certain cryptocurrencies.
Staking DeFi: Consists of the same thing as Staking, but here via decentralized protocols and applications, which can increase returns, but also risk.
Statistics: Indicates whether the tool offers statistics directly embedded in its interface.
Stock Token: A service that allows users to purchase shares (or fractions) of publicly traded companies in the form of tokens. Generally, there is no charge for stock token transactions.
Swap: Refers to an exchange between two cryptocurrencies, which can be carried out between pairs of assets which may be exotic. Swaps are generally decentralized, almost instantaneous and with low fees.
- T -
Tournament: Refers to the organization of tournaments in certain games, in order to obtain and rank against other players and sometimes to be rewarded for it.
Travel: Indicates a specific service allowing travel in cryptocurrency.
- U -
User Profile: Space linked to a specific user in order to provide a personal environment and dedicated statistics.
Utility: Refers to an NFT category with NFTs that can offer bonuses or allow certain specific actions to be carried out in the DeFi universe.
Utility Token: Is a type of cryptocurrency dedicated to use within a crypto platform, or allowing access to certain services. The value of a Utility Token is generally correlated with the performance of the associated platform (for example: number of users, volume, features).
- V -
Virtual Worlds: NFT category allowing the acquisition of environments, lands, countries or elements related to a geographical location, all in a virtual digital world.
- W -
Wallet App: Mobile application allowing you to « store » cryptocurrencies. A wallet offers several functions: displays the crypto balance, generate public addresses, send and receive crypto and much more.