Absolute Advantage Intermediate An economics concept in which one party has a direct advantage in efficiency in producing/providing a specific good or service over another party.
Hard Cap
A hard cap is a restriction put in place by the blockchain's code on the maximum amount of units that can ever be created or circulated for a specific cryptocurrency
Fiat
Fiat money, often known as fiat currency, is money that a government has recognized as legal tender and that it supports.
Utility Token
Tokens that are designed specifically to be able to help people use something.