Token

Fungible Token

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

Non-Fungible Token

A unique digital asset on a blockchain that represents ownership of a specific item, artwork, or piece of content.

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 consensus mechanism where token holders vote for delegates who validate transactions on their behalf.

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

A cryptocurrency wallet connected to the internet for convenient but less secure asset management.

A wallet requiring multiple private key signatures to authorise a transaction, enhancing security.

A hash-based data structure that efficiently verifies the integrity and consistency of large sets of data.

A divergence in a blockchain's protocol or chain, creating two separate paths — can be hard (incompatible) or soft (backward-compatible).

The property of blockchain data that prevents alteration or deletion once recorded on the ledger.

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