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Glossary Crypto & Web3

Memecoin

A token whose value rests on attention and community rather than on any product or cash flow. Prices move on social momentum, and most eventually go to near zero.

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Valuation

An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…

Referendum

A direct public vote on a single question. Whether the result binds the government depends on…

Bitcoin

The first widely used cryptocurrency, launched in 2009. Its supply is capped by its own software…

Byline

The line naming who wrote a piece. It signals responsibility for the reporting as much as…

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