Testnet

A testnet is a phase of a project where a set of software nodes can help on the network to validate the conceptual ideas and practical operations. By participating in a testnet via resources (VPS servers, etc), the participants might get some tokens or cryptocurrencies in exchange, allowing them to become early investors without actually paying for the tokens.

January 1, 2020 Β· 1 min Β· Merak

TGE

A TGE is a Token Generation Event, moment when the token is created and contract deployed for a crypto project, usually, at that moment or shortly after it, is possible to start trading.

January 1, 2020 Β· 1 min Β· Merak

Token

Token is the symbol for a cryptocurrency and it’s associated with a contract to be shown on a wallet like metamask or other wallets.

January 1, 2020 Β· 1 min Β· Merak