# Glossary

#### Non-Fungible Token (**NFT)**

* A unit of data stored on a blockchain that is provably unique. Digital artworks, photos, videos, music, and video game items are some examples of things that can be made into a non-fungible token.

{% hint style="info" %}
 The opposite of non-fungible is fungible (non-unique). Bitcoin, Ethereum, and most other currencies are examples of fungible items.
{% endhint %}

#### **GOO**

* The official virtual currency of MicroBuddies. GOO is required to perform all essential functions of the game, such as replication and genetic recombobulation. It is earned passively by all non-barren MicroBuddies based on multiple [factors](https://docs.microbuddies.io/microbuddies/goo-production).\
  \
  [Learn more about GOO](https://docs.microbuddies.io/goo-token/tokenomics).

#### **GOO Per Day (GPD)**

* The measure of how much GOO a MicroBuddy produces per day, based on a number of factors documented in [GOO Production](https://docs.microbuddies.io/microbuddies/goo-production).

#### Peg Value

* A global value which affects all GOO production. It is designed to keep the GOO supply near its peg of 5 billion. [More details](https://docs.microbuddies.io/goo-token/tokenomics#peg-value).

#### Barren

* Unable to replicate or produce GOO.

#### Encumbered

* A MicroBuddy who can no longer hold GOO due to reaching their max holdings capacity.

#### Extraction Encumbered

* A MicroBuddy who would exceed their max holdings capacity if their pending GOO was extracted.

#### Divine Buddy

* A MicroBuddy who has obtained the highest trait ID for all six of its dominant traits.

#### Mint

* The act of creating a new token, such as GOO or a MicroBuddy.

#### Burn

* The act of permanently removing a token from the supply.

#### Decentralized Autonomous Organization (DAO)

* An organization or company represented by rules enforced by code, and controlled by all of its members. A DAO is free from centralized leadership and governance.