An Initial Coin Offering, or ICO, is a fundraising method where a project sells its own tokens to investors, often before full product release. It aims to raise capital quickly by leveraging digital assets and blockchain networks. Token value rests…

An automated market maker (AMM) is a decentralized trading protocol that uses liquidity pools and smart contracts to price assets. It replaces order books with rules that determine exchange rates based on reserves. Common models include constant product and bonding…