EXPLORE
GLOSSARY
ICO (Initial Coin Offering)
The event when a project issues and sells tokens to investors
Investment Asset
The asset used to invest in sales, such as stable coins like USDC
Pre-Liquid Token Sale
An early-stage token sale conducted before a project's tokens become liquid
SAFT (Simple Agreement For Future Tokens)
A legal contract used in crypto fundraising where investors provide capital to a project in exchange for a promise of receiving tokens at a later date
Investment Round
Refers to a stage of fundraising where a project sells tokens or equity to investors. Projects can conduct multiple investment rounds such as pre-seed, seed, private, public, etc.
TGE (Token Generation Event)
The point in time when the initial generation and distribution of a project's tokens occur
FDV (Fully Diluted Valuation)
The total market value of a project if all of its tokens were fully circulating at the current price
Unlock Period
The specific time or series of intervals during which previously locked or vested tokens are released and become available for trading, transfer, or sale
Vesting Schedule
The process of gradually releasing tokens to stakeholders such as investors, team members, advisors, etc.
Lockup Period
The duration during which tokens allocated to stakeholders are restricted from being sold, transferred, or traded
Cliff Period
The period at the start of a vesting schedule during which no tokens are released or unlocked
Deposit Chain
The specific blockchain network used to transfer or deposit investment assets