Ethereum is a decentralized software platform that enables SmartContracts and Distributed Applications (ĐApps) to be built and run without any downtime, fraud, control or interference from a third party.
A digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency is that it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
A regulatory body created after the merger of the National Association of Securities Dealers and the New York Stock Exchange's regulation committee. The Financial Industry Regulatory Authority is responsible for governing business between brokers, dealers and the investing public.
The first sale of stock by a private company to the public. IPOs are often issued by companies seeking the capital to expand or to become publicly traded. An underwriting firm helps it determine what type of security to issue, the best price and the time to bring it to market.
Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company.
A financial statement that summarizes the revenues, costs and expenses incurred during a specified period of time, usually a fiscal quarter or year. These records provide information about a company's ability—or lack of ability—to generate profit by increasing revenue, reducing costs or both.
Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted due to the intervention of random variables.
Price elasticity of demand is a measure of the change in the quantity demanded or purchased of a product in relation to its price change.
The Sharpe ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk.
Capital expenditure, or CapEx, are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.