Smart contract
A program on the blockchain that runs its rules automatically, the same way for everyone.
Like: A vending machine: the right coin in, the snack out, no shopkeeper.
Glossary: crypto words in plain English
Every word you'll hear in the videos and the app, with an everyday example where it helps.
Web3
The part of the internet where you hold your own money and identity in a wallet, instead of a company holding an account for you.
Like: Cash in your own pocket, instead of money in someone else's safe.
Web3 wallet
An app such as SafePal, MetaMask or Trust Wallet that holds the keys to your crypto.
Like: Your own house keys. Lose them, and nobody can let you back in.
Recovery phrase
The 12 or 24 words that can restore your wallet on any phone. Anyone who has them can take everything.
Like: The master key to your house. Never give it to anyone, ever.
Blockchain
A public record book kept by thousands of computers. Past pages can't be secretly changed.
Like: A village notice board everyone watches.
DApp
A decentralised app: an app that runs on the blockchain. You open ALTRUVA as a DApp inside your wallet's browser (SafePal Explore).
BNB Smart Chain (BSC)
The blockchain ALTRUVA runs on. Fees here are a few cents.
Like: The road your money travels on.
BEP20
The token standard on BNB Smart Chain. "USDT BEP20" means USDT on BNB Smart Chain.
Like: A train must match the track. Send on the wrong network and it may not arrive.
USDT
Tether, a stablecoin designed to stay close to one US dollar. ALTRUVA packages are paid in USDT.
BNB
The coin that pays network fees on BNB Smart Chain.
Like: Petrol for the car: no petrol, no trip.
Gas fee
The small network fee for each action, paid in BNB. It goes to the network, not to ALTRUVA.
Like: A toll gate on the road.
Wallet address
Your public receiving address, starting with 0x. Safe to share for receiving. Always check the first and last characters.
Like: Your account number for receiving.
Verified contract
The contract's source code is published on BscScan, so anyone can read exactly what it does.
Like: A recipe printed on the box.
Renounced contract
The owner has given up the special owner powers, usually by setting the owner to the zero address (0x000...000). Nobody can then use those powers to change the rules. It doesn't make a project safe or profitable: it only removes the owner's controls.
Like: The builder hands over the house and melts the master key.
Audit
An outside firm checks the contract code for bugs and risks. Helpful, never a guarantee.
Like: A roadworthy test for a car.
Approve
Permission for a contract to use a set amount of your USDT. ALTRUVA asks for it the first time you buy a package.
Sign
Confirming a transaction with your wallet.
Like: Signing a cheque.
Claim
Moving earned income into your Withdrawable Balance, ready to withdraw.
Direct
Someone who joined with your link. Your directs are your level 1.
Sponsor
The person whose link you joined with. It never changes.
Total deposit
Your fresh packages plus everything reinvested. It decides your withdrawal split.
Reinvest
The part of each withdrawal that goes back in as new business: 50%, 40% or 30%.
Global leg
One line of every member in joining order. You earn 1% from deposits inside your window.
Matched volume
The smaller of your two sides in level matching, for one day.
72-hour window
The first three days after you join. The ALTRUVA presentation ties the ranks, and the Starter ticket, to two directs joining inside it.
Like: A football transfer window: signings only count while it is open.
UTC
The world's standard time. ALTRUVA days close at 00:00 UTC, 02:00 in South Africa.
KYC
Know Your Customer: the ID checks exchanges such as Binance and VALR require.
ZAR
The South African rand.
No match. Try another word, or ask in the MTG TRIBE.
Ready, or still have a question?
The sign-up button copies MTG's link and opens nothing, so you can paste it into your wallet's browser. Questions? Ask in the MTG TRIBE, or send MTG a WhatsApp message or voice note.