I'm making the crypto world friendly and accessible for everybody by explaining acronyms and terms related to cryptocurrency. Here I found:
| EOS | ERC-20 compatible token that may have no value, distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the “EOS Tokens”) |
| ERC-20 | A token standard of Ethereum, which defines a common list of rules for all Ethereum tokens to follow, meaning that this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system |
| ICO | Initial Coin Offering is a means of crowdfunding the release of a new cryptocurrency, the tokens being sold to raise money for technical development |
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