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Whitepaper

What does Whitepaper means?

It’s a detailed documentation of an NFT project plan or roadmap. This document details everything about a project, including its aim, objectives, and future goals. A whitepaper typically states what members stand to gain from an NFT project and how it stands out from other projects in the fold.

Example

“Please read our whitepaper to learn more about our project”

Random Slangs

Reward pool

Refers to token storage that rewards people for participating in token staking or sometimes crypto campaign, usually a P2E game. The reward pool typically contains

ETH

Another way of writing Ether, the native coin of the Ethereum blockchain.

Peer To Peer (P2P)

Peer to Peer, shortened to P2P, is a decentralized transaction between two traders (a pair) without a verifying third party. In this case, other users

Alpha

Having access to important insider information. For example, one may say “I work at Opensea, so I have Alpha on the new artists that we’re partnering with next month”

BSC

An acronym for “Binance Smart Chain.” BSC is a protocol that makes the Binance Chain interoperable and programmable. Hence, other resources can communicate with it.

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