Dictionary

• Bep-20: It is a token standard built on the BNB Smart Chain, also known as Binance Smart Chain or BSC for short. BEP-20 is BSC's equivalent to ERC-20, the token model used on the Ethereum blockchain. This means that the two token models are compatible with each other.

• Smart Contracts: These are decentralized code directories with fixed rules developed with software languages such as solidity, phyton, etc. on the blockchain. These code directories run automatically on the distributed network.

• Private Key: The authorization key required to perform any transaction on the blockchain. The private key is created under a specific cryptographic condition and cannot be changed afterwards. Public keys can be created by taking derivatives of private keys.

• DLT: Distributed Ledger Technology is the general name given to storage methods that are in the upper category of blockchain technology. In addition to distributed ledger technology, blockchain is the name given to the encryption and timestamping of stored data.

• Solidity: A programming language for writing or developing “Smart Contracts” that run on the Ethereum blockchain.

• NFT: NFTs, short for non-fungible token, are unique tokens in our language. These tokens are generally generated on the Ethereum network under the ERC-721 and ERC-1155 token standards.

• ERC-721: Contains the Ethereum network token rules and standards for creating tokens that are non-interchangeable, non-convertible and non-matchable, unlike the ERC-20 token standards.

• Fan Token: Blockchain digital assets that allow fans to support their favorite teams while earning various rewards, discounts, campaigns and unique experiences.

• Utility Token: It is a type of token that provides a specific service or advantage to its holders. It does not give any share/share rights.