Glossary Crypto & Web3
NFT
A token recording ownership of a specific item rather than an interchangeable unit. What the holder actually owns depends entirely on the terms attached, which are often narrower than buyers assume.
More from the glossary
Embargo
An agreement not to publish information before a stated time, so outlets can prepare coverage of…
Revenue
Total income from sales, before any costs. A company can grow revenue for years while losing…
Circuit breaker
An automatic pause in trading triggered by a sharp move. The aim is to let information…
Machine learning
Building software that improves at a task by finding patterns in data rather than by being…