Tokenomics

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.

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.

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.

The runtime environment for executing smart contracts on the Ethereum blockchain network.

Solutions built on top of a base blockchain that process transactions off the main chain to improve throughput and reduce fees while inheriting the security of the underlying network.

A non-transferable digital token permanently associated with an individual's blockchain address, used to represent credentials, affiliations, and reputation in a verifiable manner.

A blockchain node that downloads and validates every block and transaction against the complete set of consensus rules.

A purpose-built blockchain designed for a single application or use case, offering customised consensus, throughput, and governance optimised for specific requirements.

A consensus mechanism where validators are selected based on the amount of cryptocurrency they hold and stake.

Distributed file storage systems where data is spread across multiple nodes rather than centralised servers.

Self-executing programs stored on a blockchain that automatically enforce the terms of an agreement when conditions are met.