Batch Auction
By CoinGecko | Updated on Sep 01, 2021
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool. The token price is then determined based on the total amount raised at the end of the auction.
Related Terms
Decentralized Autonomous Organization (DAO)
Open source and decentralized systems that do not require centralized operators or controllers.
Derivatives
A financial instrument which derives its value from the performance of an underlying asset or index (eg. gold, crude oil)
Fear of Missing Out (FOMO)
Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later.
Generally an expression describing investors' fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable
Decentralized Applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
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