In cryptocurrency, a whitelist is a list of approved participants for specific events, such as NFT Mint, Initial Coin Offerings (ICOs), or Initial Exchange Offerings (IEOs). ICO coordinators curate this list and typically include specific parameters, such as a minimum required investment, a reputable account status, or the use of referral codes or invitations. In addition, the concept of a whitelist is also used in the context of designated addresses for withdrawing funds from cryptographic exchanges, allowing only cryptocurrency addresses that appear on the prescribed list to perform financial transfers.
Inclusion on a cryptographic whitelist grants individuals access to participate in crypto events such as IEOs or Initial Dex Offerings (IDOs). These events typically require the submission of personal data for identity verification and eligibility.