A web-based encryption used to block bots from using (and often abusing) internet services.

A verification code is a web-based encryption method designed to prevent the activity of digital bots. This code can take many forms, one of the most popular of which is the captcha image that websites use to screen visitors. However, a verification code may also be an actual code sent to an email or phone number as a way of verifying the ownership of said email or phone number. This is usually done when registering for an account on an internet service.

Verification codes are important because they help to secure user accounts from bots and hackers. Recently, user-facing security measures such as Two-Factor Authentication (2FA) also use verification codes.

A period when tokens are restricted from usage to protect the cryptocurrency, usually after an Initial Coin Offering (ICO).

A vesting period, also known as token lockup period, refers to a specific period where the developers of a cryptocurrency ‘lock’ tokens so that users cannot trade them. This period is usually brief but may be long. However, the objective of this lockup is to put a check on users selling off their tokens immediately after obtaining them. Such a situation would drive down the prices of the cryptocurrency and it will take extra effort to get these prices to rise.

Using vesting periods is a reliable safeguard against the possibility of a tanking cryptocurrency. Thus, due to the imposed period of waiting, the crypto asset is given sufficient time to grow in value.

Capital provided by private investors in exchange for shares in the venture.

Venture capital is a corporate finance term that refers to the capital that private investors commit to business projects and ventures as a means of financing them. This capital is usually in the form of money and generally comes to small-scale ventures that are just starting up. Thus, it also serves the role of seed capital and allows private investors to have stakes in the company.

Capital ventures are largely tied to the activities of angel investors. These are business sponsors that are almost always on the lookout for profitable business starters.

Verification Code

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