Glossary & End Notes

The Following are Technical Words Extracted from the Whitepaper and mostly Associated with Blockchain Technology, with their Descriptive Meaning, for Beginners to Blockchain to Better Understand what PortalsX is Building:

• Web 3.0: Web 3 is a fairly new Branch and Field in Blockchain that refers to a Web and Online World/Space Owned and Governed by it's Users without the Centralization of Main Activities by one Controlling Body/ Entity. Web3 is a Budding Space, still maturing and Encouraging Folks to be Open-minded and those who Believe in its Promise should Work Together, Build and Make it a Reality.

• Metaverse: Metaverses are Digital Worlds where Players can Transact, Interact and Earn, built using Blockchain Technology to allow for Decentralization, Interoperable and Real-World Values on Game Items.

• NFTs: NFTs Space is utilizing Blockchain Tech to Create Unique Digital Items (which can be in the form of Music, Videos, GIFs, Images, Artwork, etc) that can be traded, and transferred across Wallets, Marketplaces, and Blockchains. NFTs are Unique in that, the Digital ID attached to them cannot be Replicated after it has been created. We are starting to See Increasing and Innovative Utility using NFTs across many Important parts of our Like like Gaming, Earning, Storage Services, Documents, and Finance.

• DEFI: Defi is a Blockchain Space Dedicated to Decentralized Finance and the Applications Powering them. The main word to keep in mind here is 'Decentralized Finance'(because it's more explicit), over DEFI (being the short form) - and what this means, is a Finance System/Structure in which there isn’t a Centralized body controlling the actions, which in this case, Blockchain Powers the Code(aka Smart Contracts) that Controls all actions under the hood [Actions such as: Money Transfer, Exchanges, Swaps, Credited Accts, Debited Accts, etc).

• Blockchain: Blockchain Simply refers to the Technology powered by Individuals, Validators, and Operators and Controlled by them with an Underlying Mechanism, Agreement, and Protocol defined, in which All Transactions, Interactions, and Networks connecting to the Blockchain are required to obey and follow the stated Agreement. Blockchain Tech unlocks so many Usecases across many Fields such as NFTs , Gaming, and Defi that many Centralized organizations/protocols do not provide. Blockchain is at the core striving to promote Equality (Anyone can Partake in Decisions Making), Openness(Anyone can see All Past and Ongoing transactions), and Valuable Digital Items (with Uniqueness of Items comes Value)

• Web 2.0: Web 2.0, is the exact opposite of Web 3 and refers to the current way in which 90% of the Internet World Operates with Powerful Centralized Bodies/Companies Controlling Users' Data, Decision Making and can Keep Private, their Past, Ongoing, and Future Actions which will Directly Influence Users. The main Advantage of Web 2 over Web 3, is that it provides a Simplified Way for us to Connect and Interact Online by keeping Hidden Complex and Technical Information about their Services.

• Mass Adoption: Mass Adoption is One Goal of Blockchain Technology and its Users to Spread the Word about Blockchain, Showcase its real Utility and Innovative Ventures of the Future, with the Goal to Onboard Mainstream Users who Majorly interact with Web 2.0 Apps in their Daily Lives. Mass Adoption of Blockchain Technically means, Make Blockchain Easy and SImple for Users while Retaining its Special Features as Described Above

• Web XR: Web XR means Mixed Reality on the Web. It is a Standard Developed to facilitate the Rendering and running of 3d Contents (such as 3d Models, Particles 3d Text) and Immersive Applications on the Web. It also facilitates experiencing these Contents through Digital Virtual Headsets or Glasses. WebXR's Goal is to promote Wider Access to Immersive Content by Distributing them on the Web over High-End Devices and Systems.

• Solana Blockchain: The Solana Blockchain is a Blockchain Powering among the most Innovative Dapps built with Blockchain Technology, with its unique protocol that Significantly increases Transaction Per Second(TPS) in Applications causing High Through Put, Scalability, and Real-time Processes, especially in Gaming Apps. Solana Blockchain Immensely decreases the Barriers Blockchain Posed for Building Applications running in Real-time Speed.

• Dapps: Dapps is a Collective Name used to refer to the Several Kinds of Decentralized Applications running on Blockchain Networks. Apps such as; Blockchain Games, Decentralized Exchanges (DEX), Decentralized Autonomous Organizations(DAOs), and so on.

• Deployment: Deployment(with reference to Blockchain) Simply means Uploading your Files, NFT Collection, Code (aka Smart Contracts), and APIs(for two applications to interact and transfer information) onto the Blockchain Network. After Deployment, the Protocols defined in your App are powered by the Blockchain and must Adhere to its Mechanism, such as (How Fast your App runs, How Safe it Is against Hacks, etc).

• InterOperability: InterOperability means creating/defining a Bridge so that a Digital Item can be transferred and transacted across two different Dapps running with a Similar but Different Mechanism/Structure/Code. Interoperability of NFTs means that you can Transfer an NFT across two Dapps, and retain its Utility with added Value across both Dapps.