There's not really a word for it that I'm aware of, but Crypto IMO is best described as an "Initialarchy", or rule by the first people on the scene. Since almos

There's not really a word for it that I'm aware of, but Crypto IMO is best described as an "Initialarchy", or rule by the first people on the scene. Since almost every crypto project starts with dirt cheap prices, the first people who create or invest end up controlling the entire project given that they have millions of coins or access to the devs. Being first to the next hot project is almost all the matters in the Crypto world.