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- Money & tokensIntermediate
CBDC / digital euro
A CBDC is digital money issued directly by a central bank; the digital euro is the ECB's project for it.
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Memecoin
A memecoin is a cryptocurrency with no technical or economic purpose whose value lives on attention and community alone.
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NFT
An NFT is a token representing a single, unmistakable object, rather than an interchangeable unit like a euro.
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Security token
A security token is a security in token form: it certifies a right such as a company share, a bond or a fund unit.
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Stablecoin
A stablecoin is a token that mirrors the value of a traditional currency such as the US dollar or the euro, usually 1:1.
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Token
A token is a digital unit on a blockchain that stands for something: money, a right, a share or access.
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Tokenomics
Tokenomics describes a token's rules of the game: how many exist, who gets them when, and what they are needed for.
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Utility token
A utility token grants access to a service or a network, similar to an admission ticket or prepaid credit.
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21 Oaks Capital GmbH acts as a tied agent exclusively for the account and under the liability of AHP Capital Management GmbH, Weißfrauenstraße 12-16, 60311 Frankfurt am Main, Germany. This wiki is a general information service provided by 21 Oaks Capital GmbH. Its content does not constitute individual investment advice and is not a recommendation by AHP Capital Management GmbH. 21 Oaks Capital GmbH, its affiliated companies, the funds it advises or its employees may hold positions in assets explained in this wiki. The explanations are independent of this; the disclosure is made for reasons of transparency.