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Cryptocurrency – Page 3 – Fincyclopedia
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Mirrored Asset

Concept A category of crypto tokens that, as a blockchain token, reacts like a "mirror" version of real-world assets (RWAs)...

FT

It stands for fungible token; a token that is created and issued in interchangeable and standard units. As a digital...

Unbacked Cryptocurrency

A cryptocurrency that is not backed by an underlying asset or item. Non-backed cryptocurrencies (unbacked cryptocurrencies) do not work as...

Fungible Token

Concept A token that is created and issued in interchangeable and standard units. As a digital asset, the units function...

Non-Backed Cryptocurrency

A cryptocurrency that is not backed by an underlying asset or item. Non-backed cryptocurrencies (unbacked cryptocurrencies) do not work as...

Fiat-Backed Stablecoin

Concept A fiat-backed stablecoin is a token (and a type of stablecoin) that is created and issued on a fiat...

Crypto-Backed Stablecoin

Concept A crypto-backed stablecoin is defined as a stablecoin backed (collateralized) by reserves of other cryptocurrencies (or cryptoassets). In essence,...

Ethereum

A blockchain network that has its own cryptocurrency (known as Ether) and its blockchain technology that employs it as a...

DAO Token

Concept It stands for decentralized autonomous organization token; a type of virtual asset- specifically, a crypto asset- that gives its...

Crypto-Backed Token

A digital token that is collateralized or backed by other cryptocurrencies. These tokens represent a subset of asset-referenced tokens (asset-backed...