Terms
- TON Blockchain โ a decentralized blockchain integrated with Telegram that enables fast and inexpensive transactions.
- TON โ the native token of the TON network, used for fees, payments, and staking.
- $NMRT โ the utility token of the NameRate project, used for appraisal, tokenization, and fee payment during NFT issuance.
- Token / Coin / Jetton โ digital assets on the blockchain, cryptocurrency. Jetton is the token standard in the TON network.
- Airdrop โ the free distribution of tokens among users, for example, as a reward for activity on NameRate.
- PreSale โ a private sale of tokens at early stages of the project at a reduced price for initial investors.
- WhiteList โ a list of users approved to participate in the PreSale, particularly used for anti-fraud purposes.
- TGE (Token Generation Event) โ the event of token issuance and its appearance on the blockchain.
- Vesting โ a mechanism for gradually distributing tokens to investors and the team to prevent sudden sell-offs.
- On-chain โ operations carried out directly on the blockchain and recorded in its ledger, for example, sending tokens.
- Off-chain โ operations performed off the blockchain (for example, balances within the NameRate app).
- Internal Liquidity Pool โ a reserve of tokens within the platform for automatically exchanging $NMRT to TON and paying fees.
- API (Application Programming Interface) โ an interface that allows other services and platforms to interact with NameRate, obtain nickname appraisals, and use the algorithm in their products.