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Key terms

  • AI - Artificial Intelligence - is the property of intelligent systems to perform creative functions that are traditionally considered the prerogative of humans.
  • NFT - a non-fungible token of any standard (ERC-721, ERC-998, ERC-1155 and others) created within any chains/DAGs (DDN).
  • Second-order (tier) NFT - an NFT created as a result of a wrap transaction with any number of assets of any level of complexity.
  • DeFi - decentralised finance.
  • DEX - a decentralised exchange.
  • DAO - decentralised autonomous organisation.
  • IDO - initial DEX offering of tokens.
  • IoT - Internet of things - a concept of data networking between physical objects ("things") equipped with built-in means and technologies for interacting with each other or with the external environment.
  • P2P - a peer-to-peer or peer-to-peer network based on equality of participants. Each node (peer) in a peer-to-peer network is both a client and a server.
  • Anti-fraud - a system designed to evaluate financial and non-financial events (card transactions, user actions, transactions with loyalty points, etc.) to determine whether they are suspicious from the fraudulent aspect and offer recommendations for further processing.
  • Airdrop - A cryptocurrency or coin token distribution to multiple wallet addresses, usually for free or for fulfilling simple conditions
  • Derivative - A derivative financial instrument.
  • DDN - decentralised and/or distributed networks (blockchain, tangle, dlt and others).
  • DDS - decentralised and/or distributed systems.
  • Index - the part of the Project that represents a decentralised index as a quantitative measure of the market.
  • Crosschain - The ability of parties to exchange data between different blockchains.
  • Marketplace - A trading platform.
  • Oracle - the part of the Project that autonomously analyses assets created using NFT in some way.
  • Protocol - the part of the Project responsible for formalising the creation, circulation and use of assets via NFT.
  • Project - DAO NIFTSY; the totality of all the elements: Protocol, Index Oracle and Token.
  • Token - the information technology asset of the Project.