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Crypto Basics

Guides about Crypto Basics, written in plain language.

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What is Aragon (ANT)?

Aragon sold ANT in May 2017 for 275,000 ETH. In November 2023 the association offered ETH for ANT and said it would dissolve. That window closed on 2 November 2024. The project said the token no longer has a role.EasyCryptoGuides · 3 Apr 2020 · 1 min read

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What is Gnosis (GNO)?

Gnosis sold GNO on 24 April 2017. The supply is fixed at 10 million. About 4 percent was sold. Gnosis Chain is a different network, and its fee is xDAI. GNO on Ethereum is not that fee.EasyCryptoGuides · 2 Apr 2020 · 1 min read

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What is IOTA?

IOTA mainnet opened on 11 July 2016. The chain created 2,779,530,283,277,761 base units, and markets quote a million of those as one IOTA. There is no fee and no further mint. A foundation node confirmed transactions for years.EasyCryptoGuides · 1 Apr 2020 · 1 min read

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What is Theta (THETA)?

Theta’s own chain opened on 15 March 2019. Holders of the Ethereum token were swapped one for one, and received five TFUEL per THETA. TFUEL is the fee. New TFUEL is minted. THETA is not.EasyCryptoGuides · 16 Mar 2020 · 1 min read

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What is Synthetix (SNX)?

Havven became Synthetix on 30 November 2018. HAV became SNX on the same contract. Locking it minted a synthetic and a share of a debt pool. In 2026 the project retired that staking system. ETH pays the fee.EasyCryptoGuides · 12 Mar 2020 · 1 min read

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What is BTSE?

BTSE’s public sale was on 5 March 2020, one million tokens at 2 dollars, issued on Liquid. The same month’s pages do not agree on the ceiling. A fee discount is a company rule. A balance on the exchange is not the token.EasyCryptoGuides · 6 Mar 2020 · 1 min read

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What is Trust Wallet Token (TWT)?

TWT was created at the end of February 2020 and airdropped. There was no sale. On 3 October 2020 the project burned most of the mint and moved the token onto BNB Smart Chain. Holding it does not hold your keys.EasyCryptoGuides · 1 Mar 2020 · 1 min read

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What is Decentraland (MANA)?

The token sale ran in August 2017, capped by dollars rather than by a coin count. The public world opened on 20 February 2020. A parcel is a separate NFT. Burning MANA does not build anything on it.EasyCryptoGuides · 20 Feb 2020 · 2 min read

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What is Decred (DCR)?

Decred opened on 8 February 2016. Miners still find blocks. Ticket holders vote on them and on rule changes. The miner’s share of the reward has been voted down twice. There was no public sale.EasyCryptoGuides · 10 Feb 2020 · 2 min read

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What is Maker (MKR)?

Maker started as a system for minting a dollar token against ether, published in December 2017. MKR votes, and it can be burned or minted. It is not Dai. Since September 2024 it can be converted to SKY.EasyCryptoGuides · 20 Jan 2020 · 2 min read

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What is Fantom (FTM)?

Fantom Opera opened in December 2019. Chain id 250. Sonic, a separate chain, opened on 18 December 2024. FTM can be upgraded to S one for one. Opera still runs. FTM left there is not S.EasyCryptoGuides · 6 Jan 2020 · 1 min read

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