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It is the opposite of a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-testnet/">testnet, which is a term used to describe a blockchain in progress. Programmers and developers use testnet to test and troubleshoot all aspects and functionalities of a blockchain network before declaring it secure and ready for the mainnet launch.</p>\n<p>Typically, before a mainnet of a blockchain project is launched, the company launches an <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-initial-exchange-offering-ieo/">Initial Exchange Offering (IEO)</strong></strong></a>, an <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-initial-coin-offering-ico/">Initial Coin Offering (ICO)</strong></a>, or any other way of raising funds and growing the project's community. Essentially, the raised money is utilized to create blockchain network prototypes, which are tested during the testnet phase.&nbsp;</p>\n<p>Then, after conducting bug fixes and analyzing the performance of the testnet, the team subsequently launches the mainnet version of the blockchain, which is <strong>completely installed and functional</strong>.</p>\n<p>Several blockchain startups in 2017 decided to create ICO <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-crowdfunding/">crowdfunding events. They ended up issuing their own <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-erc-20/">ERC-20 tokens</strong></a> (on the <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum network) that were later handed out to investors based on their level of contribution to the ICO stage. After this stage, mainnets were released and&nbsp;the ERC-20 tokens were swapped with the tokens of new blockchains. This process is called a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mainnet-swap/">mainnet swap</strong></a>. After the swap, the remaining tokens are usually destroyed and only the new ones are left.</p>","level":"easy","meta_title":"What is Mainnet? 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Basic principles of demand revolve around the price of the commodity and personal preferences.</p>\n<p>The quantity of consumers willing to pay a specific price for a product or service depends on various factors. The key factor is the price.&nbsp;</p>\n<p><strong>The Law of Demand describes how the increase in price influences the decrease in demand</strong>. The same logic can be applied to a reversed situation where a decrease in price influences the increase in demand.</p>\n<p>To put it simply, a growing price of a commodity will make consumers buy less while a decreasing price of that same commodity will make consumers buy more.</p>\n<p>A solid grasp of the Law of Demand greatly benefits anyone who&rsquo;s making economic predictions.</p>\n<p>The demand schedule is a key element in the equation. It represents the demanded quantity of a product or service at different prices per unit. There are two types of demand schedules:</p>\n<ul>\n<li><strong>Individual demand schedule</strong> - the quantity of a product or service that an individual consumer is prepared to buy at a specific price and time;</li>\n<li><strong>Market demand schedule</strong> - the quantity of a product or service that all consumers are prepared to buy at a specific price and time.</li>\n</ul>\n<p>As we can see, within the Law of Demand, there is a strong relationship between price and demanded quantity.</p>","level":"easy","meta_title":"What is Law of Demand? Definition & Meaning | Crypto Wiki","meta_description":"Law of Demand meaning: Law of Demand - asks the question of how much a customer is prepared to spend for a specific product or service.","meta_keywords":null,"language":"en","created_at":"2022-05-19T09:02:44.000000Z","updated_at":"2022-06-07T11:49:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-law-of-demand"},"currentChapter":"L","currentSection":"what-is-listing","chapterTitle":"L","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-listing","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter L

What is Listing?

Listing MEANING:
Listing - a process that occurs when an exchange offers a trading pair for a specific asset.
Easy
1 minute

Let's find out Listing meaning, definition in crypto, what is Listing, and all other detailed facts.

The process of "listing" an asset takes place when a certain exchange offers a trading pair for that asset. Considering traditional markets, listing signifies that shares of a company can be traded on that specific stock exchange.

Overall, this implies that the listed company has met specific financial and regulatory requirements. Additionally, this means that the company is compliant with the exchange's degree of trust. Therefore, the listing process indicates that the company's shares meet the minimum quality requirements.

When an asset is listed with Ethereum (ETH) or any other main exchange pairing asset (e.g., BTC), a project and its asset get the same level of trust as its trading pair. Besides, when an asset is listed, it's a sign that the connected trading pair has enough liquidity. Therefore, the pair is able to generate an proper price discovery.
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