Audit

In computer science, it’s a process in which the code of a piece of software is examined with the aim of discovering any bugs or security violations and checking programming conventions before it is implemented.
In the crypto sector, auditing is mainly referred to in connection with the smart contracts on which most blockchain protocols and decentralised applications are based.

Correlated words

SEC

US government agency that regulates securities markets.

Whitelist

A whitelist (or allowlist) in the blockchain sector is a list of addresses that have early access to an ICO or NFT collection.

Total Supply

Total supply is the quantity of tokens emitted by a crypto project.

Listing

The inclusion of a token or cryptocurrency within an exchange’s market.

Young Club

Young Platform’s clubs allow for access to benefits and discounts.

Utility Token

Utility tokens are cryptocurrencies that enable exchanges of services, benefits or functions within a crypto ecosystem.

Token YNG

Young (YNG) is the Utility Token at the heart of the entire Young Platform ecosystem.

Tokenomics

An economic model that regulates the distribution and use of a project's cryptocurrency.

Scarcity

How much an asset is available and consequently how much value it has.

P2P

Una rete peer-to-peer permette agli utenti di scambiare dati senza intermediari.

NFT

A Non-Fungible Token is a unique asset registered on the blockchain.

Liquidity

How easy it is to convert a cryptocurrency or financial instrument into fiat money or the base currency.

Inflation

The gradual increase in the prices of a market or currency.

IEO

An event hosted by an exchange where a newly created cryptocurrency is sold to distribute it on the market and promote it.

ICO

An event where a newly created cryptocurrency is sold to distribute it on the market and promote it.

Fungibility

It is the property of a means of payment to be divisible into equal parts to facilitate the exchange of goods.

DYOR

Do Your Own Research, don't just take any information from one source at face value.

Delisting

Removing a cryptocurrency from an exchange's offering.

Crowdfunding

Online fundraising open to anyone.

Coin Burning

A way to remove cryptocurrency units from the circulating supply.

Black Swan Event

An unexpected event that has a significant effect.

Airdrop

A way of distributing a new cryptocurrency on the market

Download the Young Platform app

Downaload From Google PlayStoreDownaload From Apple Store