Crowdsale
By CoinGecko | Updated on Sep 01, 2021
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis, allowing projects to have direct control over the token price.
Related Terms
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
Segregated Witness (SegWit)
A soft fork implementation to change the Bitcoin Protocol's transaction format to address Bitcoin's scalability issues whilst introducing new features.
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
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