Cryptum terms

Learn about Cryptum's particular terms

TermDescription

Projects

They are macro representations of any type of use made in Cryptum Dashboard. For developers, it is necessary to create a Development Project, to then receive an API Key and start using the tools. For Sellers, it is necessary to create a Store Project in order to receive a Store ID and start integrating Plugins. For a Creator, it is necessary to create an NFTs Project in order to start creating your Collections and NFTs. A suggestion is: 1 DEV Project to 1 client implementation; 1 Store Project to 1 Store integration; 1 NFT Project to 1 NFT Storefront.

Seller

Seller is that person who arrived at Cryptum and intends to use it to integrate with their e-commerce, an existing store, and intends to receive payments in Crypto and/or Sell NFTs.

Creator

Creator is that person who came to Cryptum to enjoy all the features of NFTs. Creator can be an artist, or musician, or anyone who wants to tokenize assets through an intuitive dashboard. Creator will be able to create an NFT store to sell your assets.

API Key

API Keys are essential to allow you to use Cryptum in all types of projects - especially for developers. They are a security to authenticate that whoever is making requests to the Cryptum infrastructure is really registered and has an authorized project for use.

SDK

Software Development Kit. If you're a developer, you're probably familiar with this term. We have a Javascript SDK that allows you to easily integrate with Web3.

Webhooks

Webhooks are used exclusively in development projects. They are created "events" that allow you to "observe" a certain address / asset on the blockchain.

Scope

In development projects, you may notice the existence of a Scope. This Scope refers to the endpoint/business need used by your application - for example Wallets, Transactions, Swap and others.

Plugin

A program that can be installed on a platform - for example Wordpress - and that allows the user to be able to connect their platform with Cryptum without needing code.

Credits

Credits are limit packages purchased by creating and paying Development project plans. For each type of request made to the Cryptum infrastructure, there will be a weight of credits counted (defined in a table) - the sum of these requests cannot exceed the total credits acquired for the month.

Exchange Crypto

On our Dashboard, you will notice that there is a button called "Exchange Crypto". This functionality allows you to buy cryptocurrencies from the blockchain you want, making a deposit in fiat (local currency). It is also possible to withdraw cryptocurrency to local currency if you wish. That is, your sales received through the Checkout plugin, for example, can be withdrawn via the dashboard.

On and Off Ramp

You may see or hear this terminology at times. This is totally related to actions from selling crypto to cashing out in fiat currency, and vice versa.

API Collection

It is a file that can be imported into Postman or some other tool to access Cryptum endpoints. It's available in our API documentation.

NFT Collection

Available in Store and NFT projects. Comparing to what we have more "traditional", the Collections are groupings, as if they were folders, where a number of NFTs (single or multiple) are stored. In Blockchain, a Collection created is a SmartContract, and it needs you to spend a few cents to issue it.

NFT

Non Fungible Tokens. If you've come this far, you probably know a little about them. Anyway, they are unique assets that can represent arts, goods, ideas and anything your imagination allows. It's like turning an object into an asset on the blockchain - you can add images, videos, data and more in a decentralized way. For each created NFT, you need to spend some blockchain fees too.

Multiple / Single

There are 2 types of NFTs that can be created. Uniques, which are Single, must always represent a single entity. Example: an identity card would be unique. Our DNA is unique. Multiple: can represent a series of items of the same identity, for example an artwork that contains N copies of it.

Transfer

You can transfer your NFT from your wallet to another one using our dashboard. You will spend some fee on the transaction.

Mint

Mint is just like issue something, create something. NFTs are "minted" on blockchains - is the act of creating them on the network.

Burn

Unlike creation (mint), you can "delete" an asset on the blockchain. Even for deletion, the blockchain by default needs to generate a transaction that voids that asset - so you also need to spend fees to complete. Think carefully before you issue something wrong and need to burn.

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