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ERC-884 A succinct definition of ERC-884 ERC-884Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-884Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-884Short for Ethereum Request for Comment, ERC provides application-level standards for the Ethereum blockchain. ERC-884 allows companies specifically registered in Delaware, which can conduct business in any state, to utilise blockchain technology. This enables them to create ERC-20 tokens, which can represent a nu…
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Blockchain and AI: How They Can Work Together What challenges does AI face, and how can blockchain help? Learn how these two technologies can work together. Blockchain and AI: How They Can Work TogetherLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain6 Mar 2023|INTERMEDIATE|4 MIN READBlockchain and AI: How They Can Work TogetherWhat challenges does AI face, and how can blockchain help? Learn how these two technologies can work together. Key Takeaways: The main challen…
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Initial Coin Offering (ICO) A succinct definition of Initial Coin Offering (ICO) Initial Coin Offering (ICO)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYINITIAL COIN OFFERING (ICO)Copy linkShare on TwitterShare on FacebookShare on LinkedinInitial Coin Offering (ICO)An initial coin offering (ICO) is a method for companies to raise funds by launching a new cryptocurrency. This type of funding does not require the sale of securities or the involvement of venture capitalists, hen…
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Average Price (7D) A succinct definition of Average Price (7D) Average Price (7D)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAVERAGE PRICE (7D)Copy linkShare on TwitterShare on FacebookShare on LinkedinAverage Price (7D)Average Price (7D) shows the average price paid for the top 25 non-fungible token (NFT) collections in a previous 7-day (7D) period. It is calculated by dividing NFT Sales Volume Index (7D) by the number of editions sold over that seven-day period. Average P…
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Airdrop A succinct definition of Airdrop AirdropLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAIRDROPCopy linkShare on TwitterShare on FacebookShare on LinkedinAirdropAirdrops are often used as a marketing strategy to promote a new cryptocurrency or increase the adoption and usage of a particular blockchain. They can be used to reward existing holders of a particular cryptocurrency or to attract new users to a project. Airdrops may be conducted by the developers of a cryptocur…
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ERC-721 A succinct definition of ERC-721 ERC-721Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-721Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-721ERC, which stands for Ethereum Request for Comment, is a standard conveying the essential technical notes and requirements to a group of developers and users. ERC-721, initially proposed by Dieter Shirley as an Ethereum Improvement Proposal (EIP), is the standard for representing ownership of non-fungible tokens …
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ERC-777 A succinct definition of ERC-777 ERC-777Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-777Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-777ERC, which stands for Ethereum Request for Comment, is a standard conveying the essential technical notes and requirements to a group of developers and users. ERC-777 is focused on providing additional functionality when dealing with tokens. While the ERC-20 token standard is still used frequently, ERC-777 aims t…
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ERC-827 A succinct definition of ERC-827 ERC-827Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYERC-827Copy linkShare on TwitterShare on FacebookShare on LinkedinERC-827ERC stands for Ethereum Request for Comment, providing application-level standards for the Ethereum blockchain. ERC-827 builds upon the ERC-20 token standard, allowing for the execution of calls inside transfers and approvals. For example, with ERC-827, users can pass data and tokens to smart contracts in order t…
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Mint A succinct definition of Mint MintLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMINTCopy linkShare on TwitterShare on FacebookShare on LinkedinMintIn blockchain and cryptocurrency, ‘minting’ refers to the process of creating new coins or tokens. Minting is also used in creating non-fungible tokens (NFTs) or other types of tokens. When someone mints an NFT, they are essentially creating a new, unique digital asset on the blockchain.Although it is often associated wit…
BRC-20 A succinct definition of BRC-20 BRC-20Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBRC-20Copy linkShare on TwitterShare on FacebookShare on LinkedinBRC-20The BRC-20 token standard is a fungible token standard for the Bitcoin blockchain, enabling developers to create and transfer fungible tokens using the Ordinals protocol. However, unlike the Ethereum token standard (ERC-20), BRC-20 tokens do not make use of smart contracts, instead utilising Ordinals inscriptions of J…
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