Glossary

Here are some brief explanations of key terms used throughout the site:

Airdrop - A marketing strategy used by blockchain projects to distribute free NFTs or tokens
Blockchain - A distributed digital ledger that provides transparency and immutability
Cryptocurrency - Digital currency that relies on blockchain technology
Crypto Wallet - A program that manages private keys allowing access to crypto assets
Exchange - An online marketplace allowing users to buy sell and trade crypto assets
NFT - Non Fungible Token, a unique digital asset with ownership stored on the blockchain
Private Key - A secure code that proves ownership of crypto assets
Phishing - A social engineering tactic impersonating existing companies to convince users to disclose sensitive information
Seed Phrase - A series of random words that acts as a backup key to a crypto wallet
Whitepaper - A document that explains the details of a crypto project