FAQ

What is an ICO?

An ICO or initial coin offering is where new cryptocurrency tokens are introduced into the market. This usually happens in 2 phases, private pre-sale and public crowdsale.

What is a TGE?

A token generation event (TGE) is the just another name for an ICO.

What is a token?

A token is a cryptographically secured digital asset. Typically, it is an Ethereum-based ERC20 digital asset that can be used in a blockchain-powered ecosystem to pay for services, access, fees, voting, and more. The uses of tokens is constantly evolving.

What is an ICO crowdsale?

A crowdsale is like a crowdfunding campaign. In exchange for your money, the organization or individual who created the crowdsale will give you cryptocurrency tokens which will be used in some planned or existing ecosystem that they are building.

What is an ICO pre-sale?

A presale is similar to venture captial raising of money to support an idea. Typically, organizations must give equity. The new model is to sell tokens. These tokens

What is a White Paper?

White Paper is a concise form of a marketing presentation describing a project meant to persuade customers and partners and promote a product or service.

What are Market Verticals?

It is a more narrow way to categorize and/or group various projects in accordance with their business focus, sector or industry they are participating in, or a distribution channel. Examples are: Ad Tech, Education, Decentralized Exchange, Healthcare, Trading etc.

Who are Accredited Investors?

Accredited Investor is a person or entity that can deal with securities not registered with financial authorities by satisfying one of the requirements regarding income, net worth, asset size, governance status or professional experience. In the US, an investor must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount in the current year.

What is an MVP?

MVP (Minimum Viable Product) - is a product with just enough features to satisfy early customers, and to provide feedback for future product development9

Who is Satoshi Nakamoto?

Satoshi Nakamoto is the name used by the unknown person or people who designed bitcoin and created its original reference implementation. As part of the implementation, they also devised the first blockchain database. In the process they were the first to solve the double-spending problem for digital currency. The true identity of Satoshi remains unknown to this day.

Who is Vitalik Buterin?

Vitalik Buterin is a Russian-Canadian programmer and the founder of Ethereum.

What is Ethereum?

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction based state transitions.