Glossary of Terms

$READ Token: The native utility token of the Invincible Read ecosystem, used for rewards, governance, licensing, access control, and staking.

Soulbound Token (SBT): A non-transferable NFT that represents a user's educational achievement, credential, or profile. Soulbound to the holder's wallet.

UCNS (Universal Content Numbering System): A decentralized alternative to ISBN that provides books and educational content with unique, programmable, and on-chain identities.

Proof-of-Education (PoE): A system for verifying that users have completed and understood content, usually validated through quizzes or assessments and resulting in a Soulbound credential.

Read-to-Earn (R2E): A reward mechanism that gives users $READ tokens for reading and engaging with content on the platform.

Write-to-Earn (W2E): A monetization model where authors earn $READ for publishing content, receiving engagement, and licensing their work.

Learn-to-Earn (L2E): A broader category where users earn tokens not only for reading but also for learning outcomes, such as passing assessments or completing learning paths.

AI Knowledge Mining (AIKM): AI systems that analyze user reading behavior, comprehension, and skill growth to personalize learning and certify intellectual progress.

DAO (Decentralized Autonomous Organization): A governance structure where token holders propose and vote on decisions related to the platform, treasury, and roadmap.

Staking: The process of locking $READ tokens to earn rewards, gain governance power, or unlock access to premium features.

Vesting: A scheduled release of tokens over time to prevent immediate liquidity and ensure long-term alignment of team, advisors, and early contributors.

Quorum: The minimum number of votes required for a DAO proposal to be valid.

Whitelist: A curated list of approved participants, often used during token sales or exclusive access phases.

Airdrop: Free distribution of tokens to wallet holders, typically used to reward community engagement or early adoption.

Gas Fees: Blockchain transaction costs paid by users when executing smart contracts, minting NFTs, or transferring tokens.

Smart Contract: Self-executing code stored on the blockchain that automates transactions, royalty splits, access permissions, and voting logic.

NFT (Non-Fungible Token): A unique digital asset that can represent books, certificates, or access rights on Invincible Read.