Glossary

This glossary provides definitions for key terms used throughout the Pheme AI documentation.

B

Blockchain

A distributed ledger technology that records transactions across a network of computers securely and transparently.

D

DAO (Decentralized Autonomous Organization)

A blockchain-based organization governed by smart contracts and token holders.

DeFi (Decentralized Finance)

Financial services and products built on blockchain technology.

E

ERC-20

A technical standard for fungible tokens on the Ethereum blockchain, used by the $PHEME token.

ERC-721

A technical standard for non-fungible tokens (NFTs) on the Ethereum blockchain, used by Skill NFTs.

G

Governance

The system by which the Pheme AI makes and implements decisions through community participation.

P

Pheme AI

The decentralized protocol for skill validation and reputation management, powered by AI and blockchain technology.

Pheme Token ($PHEME)

The native utility and governance token of the Pheme AI ecosystem.

R

Reputation Oracle

A system that validates and verifies skill claims using AI and community consensus.

Reputation Score

A numerical value representing a user's validated skills and contributions within the protocol.

S

Skill Categories

Predefined areas of expertise that can be validated and tracked within the protocol.

Skill NFT

Non-fungible tokens representing validated skills on the Pheme AI.

Skill Wallet

A digital container holding a user's validated skills, reputation scores, and achievements.

Smart Contract

Self-executing contracts with terms directly written into code on the blockchain.

Staking

The process of locking up tokens to participate in protocol governance and earn rewards.

T

Token Holder

An individual or entity that owns $PHEME tokens.

Treasury

A smart contract-controlled fund holding protocol assets for development and rewards.

V

Validation Node

Participants in the network who help validate skill claims and maintain protocol security.

Validator

An entity responsible for validating skill claims and maintaining network consensus.

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📝 Note: This glossary is regularly updated as new terms are added to the protocol. If you notice any missing terms, please submit a proposal through our governance system.