Hello everyone! Today’s 100-day challenge in the crypto world, we will talk about whitelists, a concept that frequently appears in the crypto realm, especially in NFT minting, IDOs (Initial Decentralized Offerings), airdrops, and other blockchain activities. The existence of whitelists allows participants to gain early opportunities and enhances the order and fairness of events. So, what is a whitelist? How does it work? And why is it so important in the crypto field? Let’s explore today!
What is a Whitelist?
A whitelist is a pre-authorized participation list that lists the addresses or users allowed to participate in specific events. Users on the whitelist can enjoy certain advantages during the event, such as: