Ethereum Request for Comments is a token standard agreed upon by the Ethereum developer community. It specifies that a token must have functions like ownedBy, totalSupply etc. ERC-20 and ERC-721 are two widely used token standards.
Tooltip Archives
Whale interference
Some market players buy assets at exorbitant prices which skews the market data upwards
US$ 19.25
7-day average, as of 4-Jan-2020
Ether
The native token for Ethereum blockchain, like Bitcoin is the native token for the Bitcoin network
Collectible sets
Combine NFTs to unlock prize
Non-fungible
Non-interchangeable, i.e, unique
Fake pre-sale hype
A pre-sale is an extremely important moment in the life of a project, this is where the project validates its market fit, market traction. Some projects buy their own assets to generate artificial pre-sale hype.
Wash trading
A process whereby a trader buys and sells an asset for the sole purpose of feeding misleading information to the market. It could be to inflate the price or to show high trading volumes.