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Projects

Basics:

Projects often use tokens to raise capital in order to fund their development.  Here are a few terms to know:

Definitions:

Dox(xing): To dox(x) oneself refers to a project owner making their identity public knowledge. In theory, not always practice, a developer who has provided sufficient dox material/support, is less likely to “scam” a project.

DYOR: Do your own research.  This is meant to encourage you to research the projects your investing in to make sure they are legitimate, and using your funds wisely.

FOMO: Fear of missing out.  This is the term where people jump into a project – often spontaneously without significant research – because they perceive people making money and fear missing out on making that money as well.

FUD: Fear, uncertainty and doubt.  This is often meant to sow distrust and discord within a project by casting doubt on the validity of the project, or its ability to make money.  FUD can be both intentional and unintentional.  Be careful when using this phrase – as it’s often easy to dismiss facts and real issues as FUD – when they really should be investigated and either substantiated or disproved.

White Paper: A document outlining the purpose, roadmap and overview of a project. Historically, the purpose of a white paper ranges and can be read about more at https://en.m.wikipedia.org/wiki/White_paper

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