A crypto asset is a digital representation of value that can be transferred, stored, or traded electronically. Crypto assets use cryptography and distributed ledger technology. Today, crypto assets have three primary uses: as an investment; as a means of exchange; and to access goods and services. Crypto assets include cryptocurrencies like BTC, Ripple and Litecoin, utility tokens like filecoin and basic attention token, and security tokens. They may run on their own Blockchain or use an existing platform like Ethereum. Crypto assets may also include non-fungible tokens (NFTs). Crypto assets are a subset of digital assets, that uses cryptographic proof to determine ownership.

A crypto asset is a token system that is intrinsically linked to a specific digital token (the intrinsic link means the term ‘crypto asset’is effectively an umbrella term for a digital token and its associated token system).

Blockchain is a decentralized ledger tracking of one or more “crypto assets” on a peer-to-peer network.

When we say a peer-to-peer network, it means a decentralized peer-to-peer network where all the computers are connected in some way, and where each maintains a complete copy of the ledger and compares it to other devices to ensure the data is accurate. This is unlike a bank, where transactions are stored privately and are managed only by the bank.

Decentralized applications (dApps) are digital applications or programs that exist and run on a blockchain or peer-to-peer (P2P) network of computers instead of a single computer. DApps (also called “dapps”) are thus outside the purview and control of a single authority.

DApps—which are often built on the Ethereum platform—can be developed for a variety of purposes including gaming, finance, and social media.

Digital tokens are either intrinsic or created by software and assigned a certain utility. Examples of intrinsic digital tokens are Bitcoin and Ether. The other type of digital token is asset-backed, which is issued to represent a claim on a redeemable asset, such as legal tender or precious metals.

In a word, digital tokens are digital assets represented on a blockchain by means of a smart contract, so they have greater utility than coins, which are used solely as stores of value and currency. Even things that you might not think of as having a digital representation can be represented by digital tokens. That includes things like artwork and consumables.

There are two main types of digital tokens — fungible and non-fungible. Fungible tokens are essentially units of an account. Non-fungible tokens are different, and this is where the concept of digital tokens starts to get really interesting.

A DAO is a decentralized autonomous organization, a type of bottom-up entity structure with no central authority. Members of a DAO own tokens of the DAO, and members can vote on initiatives for the entity. Smart contracts are implemented for the DAO, and the code governing the DAO’s operations in publicly disclosed.

Short for decentralized finance, DeFi is an umbrella term for peer-to-peer financial services on public blockchains, primarily Ethereum.

Within the context of blockchain technology, tokenization is the process of converting something of value into a digital token that’s usable on a blockchain application.

“Tokenisation” refers to creating a digital representation of a physical asset, intangible asset, or existing asset class, on distributed ledger technology. By injecting liquidity into previously illiquid markets, the process allows a wider range of real assets to be traded and creates whole new categories of tradeable assets.

Non-fungible tokens (NFTs) are assets that have been tokenized via a blockchain. They are assigned unique identification codes and metadata that distinguish them from other tokens.

NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs—it all depends on the value the market and owners have placed on them.

Web3 is being touted as the future of the internet. The vision for this new, blockchain-based web includes cryptocurrencies, NFTs, DAOs, decentralized finance, and more. It offers a read/write/own version of the web, in which users have a financial stake in and more control over the web communities they belong to. Web3 promises to transform the experience of being online as dramatically as PCs and smartphones did. It is not, however, without risk. Some companies have entered the space only to face a backlash over the environmental impact and financial speculation (and potential for fraud) that comes with Web3 projects. And while blockchain is offered as a solution to privacy, centralization, and financial exclusion concerns, it has created new versions of many of these problems. Companies need to consider both the risks and the benefits before diving in

In science fiction, the “metaverse” is a hypothetical iteration of the Internet as a single, universal, and immersive virtual world that is facilitated by the use of virtual reality and augmented reality headsets.

GameFi, also known as “game finance,” was initially coined by Yearn Finance Founder Andre Cronje to refer to decentralized finance (DeFi) protocols with gamified elements. However, the term has since evolved to refer to the financial nature of blockchain games given their direct connection to real economies

As an investment asset, a security token is a digital asset that represents ownership or other rights and transfers value from an asset or bundle of assets to a token. In plain language, security tokens are the digital form of traditional investments like stocks, bonds, or other securitized assets. For example, a company that wishes to raise funds for an expansionary project can decide to issue fractionalized ownership of their company through a digital token instead of issuing stock. It could then offer this token to investors on an exchange that allows digital security tokens.

Tokenised securities have been defined by some players in the industry as the next megatrend of the blockchain revolution, bringing the benefits of blockchain into the securities lifecycle.

Tokenised securities could be seen as a form of cryptography-enabled dematerialized securities that are based and recorded on a decentralized ledger powered by DLTs, instead of electronic book-entries in securities registries of central securities depositories. The decentralization of tokenised securities, coupled with the ability to automatically transact and settle without trusted intermediaries, maybe where most of the disruptive potential of tokenisation lies. Tokenised securities eliminate the need for the use of intermediaries or proxies in the distribution of dividends or votes, giving investors full control of the equity they own

A cryptocurrency exchange, or a digital currency exchange, is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

Cryptocurrency exchanges work similarly to a broker, giving you the tools to buy and sell cryptocurrencies like Bitcoin, Ethereum, and Tether.

First, a digital asset is any asset that exists in a digital format on the blockchain. So, a digital asset fund acts as an investment vehicle containing assets in digital format, where the assets share a specific investment objective or outcome.

Any service where a token holder does not self-custody their assets. In the crypto ecosystem, the concept of ‘custody’has a broader meaning than traditional in finance.

Crypto custody is a secure, off-chain storage solution that protects crypto wallet funds or holdings from theft or loss. Hedge funds, governments, and institutional investors use cryptocurrency custody services to protect large amounts of digital tokens

A cryptocurrency exchange traded fund (ETF) is a fund consisting of cryptocurrencies. While most ETFs track an index or a basket of assets, a cryptocurrency ETF tracks the price of one or more digital tokens. Based on investor sales or purchases, the share price of cryptocurrency ETFs fluctuates on a daily basis. Just like common stocks, they are also traded on a daily basis.