Total Supply

Total Supply is defined as the quantity of all tokens already issued by the project, subtracted by those eliminated through the burning mechanism. Total supply is not to be confused with circulating supply. The difference is that the latter indicates the number of tokens available for buying and selling, excluding from the count those already created but not yet distributed. Total supply, on the other hand, includes all minted coins and tokens in the sum, regardless of their public distribution.

Correlated words

SEC

The SEC (Securities and Exchange Commission) is a U.S. government agency responsible for regulating and overseeing the securities markets.

Whitelist

In blockchain, a Whitelist is an exclusive list of addresses granted early access to participate in ICOs or to purchase NFT collections.

Listing

Listing refers to adding a new cryptocurrency or token to an exchange, making it available for trading to the public.

Young Club

Young Platform's Young Club offers its members exclusive access to various benefits and discounts within its cryptocurrency ecosystem.

Utility Token

Utility Tokens are specialised cryptocurrencies that grant holders access to services and benefits, within a blockchain ecosystem.

Token YNG

Young (YNG) is the Utility Token at the centre of the Young Platform ecosystem, an Italian European company. It is an ERC-20 token.

Tokenomics

Tokenomics involves the economic rules and models governing the issuing, distributing, and using a digital project's tokens.

Scarcity

Scarcity defines the limited availability of an asset, directly influencing its market demand and perceived value.

P2P

Peer-to-peer (P2P) networks facilitate direct user data exchange, bypassing the need for centralised intermediaries.

NFT

An NFT, or Non-Fungible Token, represents a unique digital item or asset recorded and verified on a blockchain.

Liquidity

Liquidity measures how easy it is to convert a cryptocurrency or financial instrument into fiat currency without affecting its value.

Inflation

Inflation signifies the gradual increase in market or currency prices, impacting the purchasing power over time.

IEO

An IEO (Initial Exchange Offering) is a cryptocurrency launch event hosted by an exchange to distribute and market a new digital currency.

ICO

An ICO (Initial Coin Offering) is an event where a new cryptocurrency is sold to the public to distribute and promote it in the market.

Fungibility

Fungibility is the characteristic of assets that are interchangeable and divisible into smaller units for ease of exchange.

DYOR

Do Your Own Research (DYOR) emphasizes the importance of independent research and not solely relying on a single information source.

Delisting

Delisting is the removal of a cryptocurrency from an exchange's offerings, often due to non-compliance or poor performance.

Crowdfunding

Crowdfunding is an online method of raising funds, allowing broad participation from various individuals or groups.

Coin Burning

Coin Burning is a method to permanently remove cryptocurrency units from circulation, potentially increasing scarcity and value.

Audit

An Audit in software development is a thorough review process to ensure the correct and secure functioning of the software.

Black Swan Event

A Black Swan Event is unpredictable with potentially severe consequences, often radically changing the status quo.

Airdrop

An Airdrop is a method of distributing new cryptocurrencies to the market, often for free or as a reward to community members.