Non-Fungible Token

Token

A digital asset created and managed on a blockchain, representing value, utility, or ownership rights.

Fungible Token

A blockchain token where each unit is identical and interchangeable with any other unit of the same token.

ERC-20

A technical standard for implementing fungible tokens on the Ethereum blockchain.

ERC-721

A technical standard for non-fungible tokens on the Ethereum blockchain, ensuring each token is unique.

Tokenomics

The economic design and incentive structures governing a cryptocurrency or token ecosystem.

Tokenisation of Assets

Converting rights to real-world assets into digital tokens on a blockchain for fractional ownership and trading.

Real-World Assets

Physical or traditional financial assets such as real estate, commodities, and securities that are represented as digital tokens on a blockchain for improved liquidity and accessibility.

Security Token

A digital asset on a blockchain that represents ownership of a regulated financial instrument such as equity, debt, or revenue share, subject to securities laws.

Token Standard

A technical specification defining the interface and behaviour of tokens on a blockchain, such as ERC-20 for fungible tokens and ERC-721 for non-fungible tokens.

A distributed, immutable digital ledger that records transactions across a network of computers without a central authority.

A digital system for recording, sharing, and synchronising data across multiple sites without a central administrator.

A node in a proof-of-stake blockchain responsible for verifying transactions and proposing new blocks.

A cryptographic method allowing one party to prove knowledge of information without revealing the information itself.

A backward-compatible upgrade to a blockchain protocol where old nodes still recognise new blocks as valid.

The guarantee that all data required to verify blockchain transactions is accessible to network participants, a critical requirement for the security of rollup-based scaling solutions.

A computer connected to a blockchain network that maintains a copy of the ledger and participates in consensus.

The practice of using already-staked cryptocurrency to simultaneously secure additional protocols or services, extending the economic security of one network to others.