Leo ♌ Metaverse,Web.3👩‍💻 NFT gamer, Crypto Expert 📈 Traveler ✈️ Business 🖥 👨‍🏫 Do you want to learn about crypto and how you can create a passive income for yourself daily? 👨‍🏫 Do you want to become an investor or successful business owner? 👨‍🏫 Are you an investor? 👨‍🏫 would you like to earn more? 👨‍🏫 Do you desire an optimized life, body, mind? 👨‍🏫 Learn more about Crypto currency and Web 3.0 Space. 𝐂𝐑𝐘𝐏𝐓𝐎 𝐓𝐄𝐑𝐌𝐈𝐍𝐎𝐋𝐎𝐆𝐈𝐄𝐒 1. FIAT - Government-issued currencies i.e Naira, Dollar 2. BLOCKCHAIN - the technology of cryptocurrency that keeps the system secure and decentralized. 3. DEFI - (Decentralized Finance) is an ecosystem that operates independently, free of third parties or exchanges. 4. CEFI - (Centralized Finance) had always been the standard for trading Crypto before DEFI. CEFI involves the use of companies operating exchange platforms like Binance, FTX etc 5. WHITE PAPER - A white paper is a document that outlines what a cryptocurrency is created to do and how it will achieve it. 6. TOKENOMICS - This is a combination of Token & Economics. It helps understand the supply and demand characteristics of a cryptocurrency 7. ICO - Stands for ‘Initial Coin Offering’, which is where a new cryptocurrency gives away some coins at a discounted rate usually to finance the project. 8. IDO - Stands for ‘Initial DEX Offering’ refers to the launching of a cryptocurrency on a decentralized exchange (DEX) usually at a price lower than the listing price in order to raise funds. 9. COIN - There is a difference between Coins and Tokens. A coin is an asset that is native to its own blockchain. E.g Bitcoin, Ethereum, Solana 10. TOKENS - Tokens are created on existing blockchains. I.e Every cryptocurrency created under BSC, SOL, ETH or any other blockchain is not a coin but a Token. E.g $cake (Bsc), $rope (Sol), $UNI (Eth). Tokens are the backbones of DEFI & exist to be used with DEX. 11. MARKET CAPITAL - The total trading value of a cryptocurrency. Calculated by (Current Price x Circulating Supply= Mcap) 12. STABLECOIN - A cryptocurrency that is tied to the value of the US dollar to make it more stable and less volatile. E.g USDt, Busd 13. PUMP AND DUMP - This is kind of like a scam where people who own a large share of a Coin encourage others to buy to artificially pump the price. Once the price reaches a high point, they sell off all that they own and the price falls drastically.