> For the complete documentation index, see [llms.txt](https://whitepaper.luxeya.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.luxeya.io/glossary.md).

# Glossary

{% tabs %}
{% tab title="RWA Tokenisation" %}
**RWA (Real-World Asset) Tokenization:** The process of creating a digital token on the blockchain to represent physical assets such as real estate, luxury goods, or commodities.

<figure><img src="/files/tPkEAtksOSf1kK3Y3UdM" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="NFT" %}
**NFT (Non-Fungible Token):** A unique digital asset on the blockchain with individual characteristics—often used for art, collectibles, or in-game items. No two NFTs are identical.
{% endtab %}

{% tab title="Smart Contract" %}
**Smart Contract:** Self-executing code deployed on a blockchain that automatically enforces agreements once predefined conditions are met.
{% endtab %}

{% tab title="On-Chain" %}
**On-Chain:** Any activity or data that is recorded directly onto a blockchain ledger, making it verifiable and permanent.
{% endtab %}
{% endtabs %}

{% tabs %}
{% tab title="Fiat On-Ramp" %}
**Fiat On-Ramp:** A service allowing users to exchange traditional currencies (e.g., USD, EUR) into cryptocurrencies.
{% endtab %}

{% tab title="DAO" %}
**DAO (Decentralized Autonomous Organization):** A community-led entity with decisions made via smart contracts and voting mechanisms, rather than centralized leadership.
{% endtab %}

{% tab title="Governance NFT" %}
**Governance NFT:** A special type of NFT granting holders voting power or decision-making rights within a DAO or project ecosystem.
{% endtab %}

{% tab title="Oracles" %}
**Oracles:** Services or tools that feed external real-world data (e.g., sports scores, weather) into a blockchain smart contract.
{% endtab %}

{% tab title="VRF" %}
**VRF (Verifiable Random Function):** A cryptographic function generating provably random outputs that users can verify, commonly used in blockchain lotteries.
{% endtab %}

{% tab title="VRE" %}
A randomness mechanism used in LUXEYA where winning numbers—such as sweepstakes results—are derived from pre anounced publicly verifiable real-world data sources.
{% endtab %}
{% endtabs %}

{% tabs %}
{% tab title="Fractional Ownership" %}
**Fractional Ownership:** Splitting ownership of a high-value asset into smaller tokenized shares, allowing multiple users to invest or hold partial stakes.
{% endtab %}

{% tab title="Liquidity" %}
**Liquidity:** The ease with which an asset can be bought or sold in a marketplace without significantly affecting its price.
{% endtab %}

{% tab title="Progressive Web App (PWA)" %}
**Progressive Web App (PWA):** A web application that can be installed on a mobile device or desktop, offering an app-like experience without requiring app store downloads.
{% endtab %}
{% endtabs %}


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://whitepaper.luxeya.io/glossary.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.