💻TERMS AND DEFINITIONS

Participant / Angel a real or potential holder of a Token or digital asset

Startup 1) a project offering the implementation of a new idea and seeking funding.;

2) the team of organizers behind this project

Token, Digital Token a digital asset that grants the Participant the right to use the services and rights associated with it

AngelForge a decentralized blockchain-based platform that allows Participants to make funding decisions for projects through decentralized voting

ANGF the token of the AngelForge platform

Roadmap a calendar or phased plan for the implementation of the project

Smart Contract an electronic algorithm that describes a set of conditions, the fulfillment of which triggers certain events in the real world or digital system

Tranche a periodic transaction for receiving funding by a startup

Voting the process of collecting Participants' evaluations of the startup project's implementation

Crowdinvesting a method of financing projects and ventures by collecting financial contributions from a large number of people (angels)

Softcap the minimum number of tokens a Startup plans to sell to Participants during the seed round

Hardcap the maximum number of tokens a Startup plans to sell to Participants during the seed round.

Claim the process of withdrawing tokens from a smart contract that are available to the Participant for free movement

OTC Market a market for frozen tokens that allows the transfer of rights to tokens without their actual movement.

Lending Protocol a protocol that allows borrowing assets at interest, provided that collateral is offered in other assets that exceed the loan amount in value

Native Staking staking an asset used to pay blockchain fees (e.g., ETH) to ensure the security of the protocol itself