Crypto Speak: Whitelist and Blacklist
When a new crypto project is launched, it can choose to restrict participation to certain individuals.
Whitelist:
This is a list of wallet addresses that are allowed to participate in the project—i.e., they have the right to buy tokens in the early stages.
To land on a whitelist, participants usually pre-register, go through a KYC process, and meet other project requirements.
Blacklist:
This is a list of addresses that are banned from participating in the project—e.g., wallets associated with fraudulent activity, money laundering, or other activities that the project considers unacceptable.
It looks like a new crypto bull run is on the doorstep, where you’ll come across the word “whitelist” more and more often
Crypto_Wrld
