The Era of Non-Fungible Tokens (NFTs): Where We Stand Today
Today, almost all virtual goods have an attached digital token that acts as a way for users to purchase them. These tokens are called non-fungible tokens or NFTs for short. While there were many years when the only way for users to buy something was with physical currency, things have changed dramatically in the past […]
Tezos Isn’t Winning in the Cryptocurrency Race, But Might Be Soon
Cryptocurrency has been making waves of late, with several new digital currencies being launched and old ones getting attention again. Some of these new currencies are trying to gain prominence in the cryptocurrency space while others are trying to counter them. One such currency is Tezos. As a relatively new cryptocurrency with a blockchain project […]
Discussing the Polkadot Web3 Ecosystem
There’s a lot of excitement about the Polkadot blockchain ecosystem, and it’s not just because its one of the first third-party blockchains to support native token offerings. Polkadot is also providing a new tool for developers to build decentralized applications more easily and securely. The Polkadot web3 ecosystem provides a number of services that help […]
Is Cryptocurrency Staking Worth It? Considering All The Aspects
Staking is a system that allows users who hold certain coins in their digital wallets to “stake” them and receive rewards based on the number of tokens they hold. In simpler terms, it’s a way for users to earn cryptocurrency by helping their favorite cryptocurrencies grow and gain more recognition. This can be done by […]
The Connection Between Metaverse and Social Media
Have you heard of the Metaverse? If not, it’s time you did. The Metaverse is an internet-based virtual world that’s built on blockchain technology. It’s already gaining popularity as a social media platform for digital content creators and users alike. In this blog post, we will explore what the Metaverse is and its potential implications […]
Speculative Trading in the Crypto Markets
As the crypto markets continue to soar, it’s no wonder that so many investors are getting in on the action. Many of these digital currencies have potential as new online payment systems, while others offer an opportunity to make a profit by trading them. But like all other investments, speculation can hurt your portfolio. As […]
Blockchain in Online Communities
Online communities have been around for a while, but the adoption of blockchain technology to improve and decentralize them is just beginning. By standardizing online discussions with a single digital ledger, blockchain can reduce the number of intermediaries and make the process of creating and proving identity easier and faster. It also makes it possible […]
DAOs & Their Native Tokens
There are many different types of decentralized autonomous organizations (DAOs), some of which might be familiar to you. But what exactly is a DAO and how can you create one? Let’s get into it. If you’ve been paying attention to the big blockchain-based startup boom over the last two years, then you’ve probably heard of […]
Creation of NFT Art
Today, we’re going to talk about how to become an NFT Artist. As you might have guessed by the title, being an NFT Artist means you make Art using Crypto. This is not just any kind of art though, this is Digital Art and as such requires very special skills and tools in order to […]
The Bitcoin Scalability Problem: Fixing the Network
Bitcoin has a scalability problem. The problem is that the blockchain can handle only about seven transactions per second. Unless something changes, this will result in slow transaction confirmation times and high transaction fees until the limit is reached. The best way to solve this problem is through hardforks. The combination of a hardfork and […]
The Benefits of ENS Domains: What Are They?
The Benefits of ENS Domains: What Are They? ENS domains are the new hot thing in the decentralized world. Go on Twitter and not long after, you will see a person with the last name .eth. That’s an Ethereum address that comes with a domain name that you can use. Pretty cool, right? The Ethereum […]
NFT (Non-Fungible Token) Utility: What Are NFTs and How Can They Be Used?
NFT (Non-Fungible Token) Utility: What Are NFTs and How Can They Be Used? Today, NFTs (non-fungible tokens) are more speculation than useful technology. It is regarded as a way to change the structures of rights to practically anything – paintings, books, content pieces, music, documents, and everything else that has art associated with it. Here, […]
Everything You Need to Know About Web 3.0: Understanding The Future of the Internet
Everything You Need to Know About Web 3.0: Understanding The Future of the Internet Web 3.0 is the new hot trend. Twitter is buzzing about it, hundreds of DAOs (decentralized autonomous organizations) are getting created each day, bringing people closer together and redefining governance. But what does this shift from the old, ad-filled internet called […]