DYOR

It stands for Do Your Own Research and is a kind of a mantra in crypto, as well as when it comes to information in general. It emphasises the importance of developing a critical sense and not taking information for granted that you obtained from a singular or out of context source.

Correlated words

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.

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.

Audit

A verification process that ensures the correct functioning of software.

Black Swan Event

An unexpected event that has a significant effect.

Airdrop

A way of distributing a new cryptocurrency on the market

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