Glossary
DApp: Decentralized application
SNG: Social Networking Game
RPG: A game in which players assume the roles of characters in a fictional setting.
RTS Game: A type of game where players progress simultaneously with each other in real-time as opposed to taking turns
FPS GAME: A sub-genre of shooter video games centered on gun and other weapon-based
combat in a first-person perspective
UX: User experience encompasses all aspects of the end-user's interaction with the company, its services, and its products.
NFT: a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
Smart contract: a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network.
Wallet: a software program or physical device that allows you to store your crypto and allow for the sending and receiving of crypto transactions.
Swap: an agreement between two counterparties to exchange financial instruments or
cashflows or payments for a certain time
Mainnet: Blockchain that performs the functionality of transferring a digital currency from a sender to a recipient. It is simply the main network, whereby actual transactions take place on.
Governance Token: Blockchain token that grants voting and management power to their users
Smart Contract: Self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
DEX: Decentralized exchange is a peer-to-peer marketplace where transactions occur directly between crypto traders
CEX: Centralized exchange is a type of cryptocurrency exchange that is operated by a company that owns it in a centralized manner.
DeFi : Short for decentralized finance, DeFi is an umbrella term for peer-to-peer financial
services on public blockchains
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