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LARPing (Live Action Role-Playing) in cryptocurrency refers to the act of individuals or entities pretending to possess expertise or successful experience to gain community trust or influence investment decisions. This term, borrowed from gaming culture, specifically describes participants who build false personas with unverifiable success stories and industry jargon to enhance their credibility and attract followers in the digital asset space.

Substrate is a modular blockchain development framework created by Parity Technologies that provides a customizable set of components (called "pallets") and a WebAssembly runtime environment, enabling developers to rapidly build specialized blockchains without coding from scratch. As the technical foundation of the Polkadot network, it supports various consensus mechanisms and allows forkless blockchain upgrades.