Non-fungible tokens (NFT). Decentralized Finance (DeFi). Decentralized applications (dapp). Stablecoins. What do all of these terms mean, and why might clients be interested in them?

While the ETHDenver conference takes place, host Tyrone Ross takes this episode of “On Purpose” as an opportunity to help bring advisers up to speed on all things Ethereum.

If they do not already, clients will soon have some form of Ethereum assets in their portfolio. What wallet will they be using? Why does it matter? What is yield farming and staking? What is the difference between tokens and coins?

Though advisers do not need to understand every line of code, an adviser must be conversant with the terminology of the space in order to best serve clients. Listen for a brief rundown on Ethereum.

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our Theme song is “Walk With Swag.”