A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
Pair
Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.
Governance Token
Developers design governance tokens to let token holders influence the direction of a protocol.
Altcoin
Altcoin is the term given to describe alternative digital assets, such as a coin or token that is not Bitcoin. This nomenclature comes from the idea that Bitcoin is the original cryptocurrency and that all others are then considered “alternate” or “alternative” coins.