Blockchain
Crypto Web3A blockchain is a shared digital record of transactions that many computers keep identical copies of, making it very hard to secretly alter.
Startup & Tech Glossary
Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.
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DAO
Crypto Web3A DAO (decentralized autonomous organization) is a group whose members vote on decisions using blockchain-recorded tokens, instead of a traditional board.
DeFi
Crypto Web3DeFi (decentralized finance) means financial services — lending, trading, earning interest — run automatically by blockchain code instead of a bank.
Exchange
Crypto Web3A crypto exchange is a platform where people buy, sell, and trade cryptocurrencies for pesos, dollars, or other digital assets.
Gas Fee
Crypto Web3A gas fee is the small payment you make to a blockchain's network for processing your transaction or smart contract — it goes to the network, not a company.
NFT
Crypto Web3An NFT (non-fungible token) is a one-of-a-kind digital certificate of ownership for a specific item, like an artwork, game item, or collectible.
Smart Contract
Crypto Web3A smart contract is a program on a blockchain that automatically carries out an agreement's terms once its conditions are met, with no middleman.
Stablecoin
Crypto Web3A stablecoin is a cryptocurrency designed to hold a steady value, usually by being pegged one-to-one to a currency like the US dollar.
Token
Crypto Web3A token is a digital asset built on top of an existing blockchain — it can represent money, a voting right, a collectible, or access to a service.
Wallet
Crypto Web3A crypto wallet is an app or device that stores the keys needed to access and send your cryptocurrency — it doesn't hold coins like a physical wallet holds cash.
Web3
Crypto Web3Web3 is a vision for a future internet built on blockchains, where users own their data and digital assets instead of relying on big tech platforms.
Whitepaper
Crypto Web3A whitepaper is a document a crypto project publishes to explain its technology, purpose, and token plan to the public before it launches.