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What is Itheum?

Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that facilitate high-value data to be bridged from Web2 to Web3 and then traded peer-to-peer.

Understanding data sovereignty

Understanding data sovereignty

Data sovereignty is the right to control and manage one's own data without external interference, ensuring data privacy, security and autonomy. Itheum acts as a data sovereignty layer, strengthening this control and autonomy in the digital age.

What is ITHEUM?

What is ITHEUM?

The ITHEUM token, native to Itheum, is used to trade data within our DEX. These tokens are also helpful in staking data and governance of our Data Coalition DAOs and rewarding user engagement.

How do I use Itheum?

Engaging with Itheum means taking charge of your data. From minting Data NFTs to trading them on the marketplace, Itheum offers tools and features that make the process intuitive and rewarding.

Wallets compatible with MultiversX

Wallets compatible with MultiversX

Itheum's ecosystem is powered by the robust MultiversX blockchain. To store your ITHEUM and engage with Itheum, choose from compatible wallets like Coin98 Wallet, MvX Wallet, Ledger Wallet, and Trust Wallet. Ensure your assets are secure and accessible.

Get Wallet

Get ITHEUM

Get ITHEUM

Get started with Itheum by securing your ITHEUM tokens, the gateway to our thriving ecosystem. ITHEUM is listed on MEXC Exchange, xExchange, and Tradesilvania. Dive in and be part of the data revolution.

Get ITHEUM

What are Itheum’s core offerings?

Itheum’s core products

Itheum’s core products

Dive into our comprehensive hub of solutions designed for both creators and integrators. Explore our products and services and uncover a multitude of use cases to truly harness the power of your data.

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Modular tech stack for enterprises

Modular tech stack for enterprises

Enterprises can seamlessly integrate Itheum’s Data CAT and no-code toolkit into their systems. This allows for the streamlined creation of high-value data collection streams and applications.

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Bundle data with Data Coalition DAOs

Bundle data with Data Coalition DAOs

Utilize Itheum's Data Coalitions to aggregate individual data points. Verified creators can cluster these points, forming datasets that amplify the collective value and usability in the market.

Own & get rewarded for your data

Own & get rewarded for your data

As a creator, you can use Itheum to transform your analytics, content, music, and other unique data into monetizable assets. This allows you to directly earn from the value your data brings to the ecosystem.

Strengthen the Itheum network - Staking Itheum tokens

Data Coalition DAO Staking

Data Coalition DAO Staking

Stake ITHEUM against Data Coalition DAOs to show support for their data trading operations and flag support for data quality and credibility. Stakers earn a percentage from bulk trades that happen via that Data Coalition.

Learn More

MultiversX Metastaking

MultiversX Metastaking

Stake your ITHEUM tokens to earn more in return, supporting liquidity and stabilizing the MultiversX web3 ecosystem. This boosts Itheum protocol adoption and empowers users to own their data.

Start Staking

Learn about the Itheum Protocol

Dive into the technicalities of Itheum. Understand how the protocol ensures data security, transparency, and the seamless trading of Data NFTs.

Itheum Roadmap

Itheum Roadmap

Explore our strategic milestones, upcoming innovations, and the journey towards realizing our mission. Stay informed about the exciting developments and features we have in store for our community.

View Roadmap

Itheum Whitepaper

Itheum Whitepaper

Uncover the technical details, strategies, and foundational approaches that drive Itheum. It's a comprehensive guide that offers clarity on our vision, mechanics, and the innovative solutions we bring to the data ecosystem.

Read Whitepaper

Learn about the Itheum community

Itheum's strength lies in its vibrant community of data enthusiasts, creators, and innovators. Discover how they're shaping the future of data ownership and how you can join the movement.

Advocacy program

Advocacy program

Champion a new era of data ownership by becoming an advocate. Join our Advocacy Program with perks and rewards to evolve into an Itheum Ambassador.

Join Program

How to get involved

How to get involved

Participate in bounties, unlock exclusive quests, and perform ecosystem tasks. Your active contribution to the Itheum ecosystem drives our growth and earns you valuable rewards. Join us in shaping the future of data.

Participate

Community Perks

Community Perks

Be an active member of the Itheum community and get rewarded with exciting incentives. Gain hands-on web3 experience and additional super secret benefits along with certificates, swags & merch.

Join Community

The Itheum Glossary

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Address

A string of characters (usually letters and numbers) that represents a wallet secured by a blockchain. Addresses can be safely shared with anyone to receive crypto funds.

A

Alpha

In software development, "alpha" typically refers to a phase in the software's lifecycle, representing an early stage of testing before the software is deemed ready for broader user testing or release.

A

Application Programming Interface (API)

A collection of functions and procedures that allow users to interact/communicate with the data of an application or service, such as an exchange, to execute the features of the service programmatically.

A

Asset Class

An "asset class" refers to a group of financial assets that share similar characteristics and behave similarly in the market. Data is increasingly recognized as an asset class due to its economic value and potential for generating returns.

A

BUIDL

Originally derived from HODL, a term referring to keeping your heads down and focusing on building your product.

B

Bear Market

A negative trend in prices of a market. It is widely used not only in the cryptocurrency space but also in the traditional markets.

B

Bitcoin

A cryptocurrency created by the pseudonymous developer(s) Satoshi Nakamoto. The first cryptocurrency, initially described as a 'Peer-to-Peer e-cash'.

B

Block

A computer file that stores transaction data. These can then be arranged in a linear sequence, which will form a blockchain.

B

Block Header

A section in a block containing metadata and a summary of the block's transactions. This is the information hashed when mining.

B

Block Height

The number of blocks in the chain between itself and the first block on that blockchain (genesis block or block 0).

B

Blockchain

A decentralized, digitized ledger that records transaction information about a cryptocurrency in a chronological order.

B

Bond

Cryptocurrency bonds are debt tokens issued by crypto projects. They work like traditional bonds, allowing projects to raise funds and promising investors repayment with periodic interest. These bonds provide a way for investors to earn income in the crypto market but carry risks tied to the project's success and market fluctuations.

B

Bounty

A reward posted by a group or individual to incentivize certain work, behavior (such as referrals), or development.

B

Bull Market

A positive trend in prices of a market. It is widely used not only in the cryptocurrency space but also in the traditional markets.

B

Centralised

When the planning and decision-making mechanisms are concentrated in a particular point within a system.

C

Circulating Supply

The best approximate number of cryptocurrency coins or tokens that are publicly available and circulating in the market.

C

Cliff

A "cliff" in cryptocurrency refers to an initial period within a token vesting schedule where holders might have no access or limited access to their tokens. It's used to delay token release, promoting long-term commitment among investors or team members. After the cliff, tokens are gradually released over time as per the vesting schedule.

C

Crypto Winer

The term crypto winter refers to an extended period of declining or stagnant prices and negative sentiment in the cryptocurrency market.

C

Cryptocurrency

A digital currency that is secured by cryptography to work as a medium of exchange within a peer-to-peer (P2P) economic system.

C

Cryptography

The science of using mathematical theories and computation in order to encrypt and decrypt information.

C

Data NFT

Data NFTs are a unique category of NFTs (non-fungible tokens) that represent "ownership rights" of data assets. They provide a novel way to represent and trade data as a limited-edition asset class and enable seamless portability and exchange of data assets with consent.

D

Data NFT Marketplace

The Data NFT Marketplace is a decentralized marketplace built on blockchain technology that enables trading unique and valuable datasets as Data NFTs.

D

Decentralised Application ( DApp)

DApps are applications that run on a P2P network of computers rather than a central database. Users can freely connect to DApps using crypto wallets.

D

Decentralized Autonomous Organization ( DAO )

A system of hard-coded rules that define which actions a decentralized organization will take.

D

Decentralized Exchange ( DEX )

An exchange which does not require users to deposit funds to start trading and does not hold the funds for the user. Instead, users trade directly from their own wallets.

D

Do your own research ( DYOR )

A valuable piece of advice. It's always wise to research a coin or token yourself instead of following what others say.

D

ESDT ( Elrond Standard Digital Token )

ESDT (Elrond Standard Digital Token) is a token standard exclusive to the Elrond blockchain. Similar to other token standards like ERC-20 on Ethereum, it enables the creation of customized digital tokens within the Elrond ecosystem. These tokens are versatile, interoperable, and programmable, serving as building blocks for various applications and services on the Elrond network.

E

EVM ( Enterium Virtual Machine )

The Ethereum Virtual Machine (EVM) is a Turing-complete programmable machine that executes smart contracts, which are typically coded in Solidity.

E

Encryption

Conversion of information or data into a secure code in order to prevent unauthorised access to the information or data.

E

Fear of Missing Out ( FOMO )

The feeling of fear and anxiety that you might be missing out on a potentially profitable opportunity.

F

Fear, Uncertainty & Doubt ( FUD )

A marketing strategy used to spread fear and insecurity among customers, traders, or investors.

F

Fiat currency

Government-issued and enforced currency (ie: USD, EUR, RMB, etc.).

F

Gas

Gas can be thought of as digital fuel that powers some blockchain like Ethereum. Specifically, gas is a unit that measures the number of computational steps required to execute a particular crypto transaction. The more complex the step, the more gas it requires.

G

Gas Limit

The maximum amount of units of gas a user is willing to pay to execute a particular transaction. Setting the gas limit too low will cause certain complex transactions to “run out of gas” and fail.

G

General Public License

License allowing users to copy and modify software, but requires the works to be distributed under the same license.

G

Github

A site/system/folder/repository where a team can share, collaborate, and save their open source or propietary code.

G

HODL

A typo of 'Hold' originating from bitcointalk that has also been retrofitted to be an acronym for Hold on for Dear Life - to maintain ownership of coins and not sell.

H

Hackathon

A blockchain hackathon is a competition where participants build sample applications atop a blockchain ecosystem.

H

Hacker

An individual that has an advanced understanding of computer systems and networks, including programmers and cybersecurity experts.

H

Hash

The output produced by a hash function after a piece of data is mapped. May also be referred to as hash value, hash code, or digest.

H

Interoperability

A concept of allowing blockchains to be compatible with each other and build upon each other's features and use-cases.

I

Joy of Missing Out ( JOMO )

JOMO" stands for "Joy Of Missing Out." It's the concept of finding happiness in opting out of activities or trends that may cause stress or distraction, and instead, prioritizing personal time and enjoying moments of solitude and contentment. It's about embracing the joy of being present and not feeling pressured to participate in everything happening around oneself.

J

KYC - Know your Customer

A standard procedure in the finance industry which allows companies to identify their customers and comply with KYC AML laws

K

Layer 2

A secondary framework or protocol that is built on top of an existing blockchain system to provide increased scalability.

L

Liquidity

The ability to sell or buy any given asset without causing significant fluctuations in the market price for that asset.

L

Liquidity Provider

Liquidity Providers (LPs) are entities or individuals who supply buy and sell orders to the financial markets to increase market liquidity and ensure a stable and efficient market.

L

Mainnet

A blockchain protocol which is fully developed and deployed where transactions are being broadcasted, verified, and recorded.

M

Metadata

Data that includes information about other data, such as information about features of a specific transaction.

M

Metaverse

The metaverse is a concept of a persistent, online, 3D virtual environment that many believe will be a key element of future digital experiences.

M

NFT ( Non-Fungible Token )

A type of cryptographic token that represents a unique digital or real-world asset and isn't interchangeable.

N

Offchain

Transactions that occur off a given blockchain network, that may be later reported or batched together before submitted to the main chain.

O

Open Source Software ( OSS )

Software released under a license that gives anyone the ability and right to use, update, and distribute it freely.

O

Peer to Peer (P2P)

When two or more computers are connected and share workload or resources without relying on a centralized server.

P

Quantum Computing

Quantum computing works using particles that can be in superposition. These particles represent qubits instead of bits and can take the value of 1, 0 or both simultaneously.

Q

Roadmap

A business planning technique which lays out the short and long term goals of a company within a flexible estimated timeline.

R

Rug Pull

A rug pull in the crypto industry is when a development team suddenly abandons a project and sells or removes all its liquidity.

R

Satoshi

The smallest unit of a bitcoin, as defined by the Bitcoin protocol. It equals onehundredmillionth of a bitcoin or 0.00000001 BTC.

S

Security Audit

A systematic analysis to evaluate how safe a system, smart contract, or blockchain is agaisnt attacks or technical failures.

S

Sharding

Sharding is a method of splitting blockchains ( or other types of databases) into smaller, partitioned blockchains that manage specific data segments.

S

Smart Contract

Automated contracts that trigger certain action when predetermined conditions are met. It works like 'If…then' conditions as for instance, it needs condition C met before money can be transferred from A to B.

S

Smart Contract

Automated contracts that trigger certain action when predetermined conditions are met. It works like 'If…then' conditions as for instance, it needs condition C met before money can be transferred from A to B.

S

Snapshot

The ability to record the state of a blockchain ledger, storage device, or computer system at a specific point in time.

S

Software Development Kit ( SDK )

An SDK (Software Development Kit) is a set of tools, code, and documentation provided by a company to help developers build software that integrates with their platform or technology. It includes libraries, tools, guides, and sample code to simplify the development process.

S

Source Code

Computer code, which is responsible for defining how software will function based on a list of instructions and statements.

S

Stablecoin

A type of cryptocurrency that is designed to maintain a stable value, rather than experiencing significant price changes.

S

Staking Pool

A pool where stakeholders combine their staking power to increase their chance of successfully validating a new block.

S

Supply Chain

A network of people and businesses involved in creating and distributing a particular product or serving a particular customer.

S

Token

A network of people and businesses involved in creating and distributing a particular product or serving a particular customer.

T

Total Value Locked ( TVL )

Total Value Locked (TVL) is a widely used metric in the cryptocurrency industry that measures the total value of assets locked in a decentralized finance (DeFi) protocol.

T

Trustless

No single entity has authority over the system and consensus is achieved between participants who do not have to trust each other.

T

UI User Interface

The interface where interactions between humans and machines occur. It establishes how a user can interact with a machine.

U

Virtual Machine

An emulated computer system, or a distributed system that is designed to replicate the features of a computer's architecture.

V

WAGMI

WAGMI is an acronym for "We’re All Gonna Make It" that encourages an optimistic attitude, particularly within the crypto community.

W

Web 1.0

The initial iteration of the web, when data was primarily readonly pages connected with hyperlinks. Also known as 'readonly' web.

W

Whale

An individual or organization that holds a large amount of Bitcoins or other cryptocurrency, allowing them to impact the markets.

W

Whitelist

A list of allowed or trusted individuals, computer programs, or cryptocurrency addresses in relation to a service or event.

W

ZK Snark

ZeroKnowledge Succinct NonInteractive Argument of Knowledge” an approach to zeroknowledge proofs.

Z

ZK Stark

zkSTARKs allow one party (the prover) to communicate validated data or execute computations with a third party without the data or analysis being revealed to the counterparty (the verifier).

Z

Zero Knowledge Proofs

Proofs to verify that transactions are valid without revealing any information about these transactions, providing privacy to the transaction while maintaining its legitimacy.

Z
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Data Ownership Is For Everyone
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For Data Creators

Musicians, authors, and original data owners can mint data as limited edition Data NFTs by getting whitelisted.
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For Enterprises

Brands and organizations can utilize Data NFTs to launch customer activation products like loyalty cards or gated benefit tools.
Use Itheum Enterprise

For Developers

Developers building web3 apps can empower their users with data ownership using Data NFT technology.
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