Crowdsale
By CoinGecko | Updated on Sep 01, 2021
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis, allowing projects to have direct control over the token price.
Related Terms
Wallet Address
The address in which cryptocurrency can be stored, sent to and receive.
Application-Specific Integrated Circuit (ASIC)
Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)
Non-Fungible Tokens (NFT)
They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain value
Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
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