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NFTs or non-fungible tokens are famous, particularly in the space of art and collectibles. However, its potential extends beyond digital artworks. Several financial applications have developed using smart contracts that ease the tedious paper and legal work required otherwise. It is safe to say that NFTs have been nothing less than a boon for small-scale […]
Since blockchain’s creation, it has slowly found its application in all possible sectors. But the uses and benefits it brings to the financial industry are unmatched. NFT, DEX, DeFi, DApps, and the list goes on. There have been way too many blockchain applications. But here, we look at two of them in specific – NFT […]
Ethereum is the natural choice for investors when it comes to non-fungible tokens (NFTs). Due to its highly secure and decentralized feature, the Ethereum blockchain houses almost 95% of the NFT marketplace. Since the boom of NFTs in 2021, the competition between layer ones has increased. In a market dominated by Bitcoin and Ethereum, Solana [...]
Decentralized Finance or DeFi has been a market disruptor since its creation. DeFi is an alternative finance service that uses blockchain-based tools to mimic banking, investing, and trading services. Unlike the traditional centralized banking service, it runs on a decentralized blockchain with no single authority. With over $13 billion worth of value locked in Ethereum […]
After the NFT boom in 2021, crypto has been the talk of the town. With the exponential growth of NFTs, the debate between custodial vs. non-custodial NFTs is quite significant, given the massive scale of NFT adoption. Non- Fungible tokens, or NFTs, are considered the next big thing in the Decentralized Finance (DeFi) ecosystem. Many […]
NFTs have been in the market since 2014 and had a few investors. But in 2021, BOOM! The market price rose from $95 million in 2020 to $25 billion in 2021. The surge in popularity began when an artist called Beeple sold his work at an auction for $69million. This sparked the NFT sales. NFT ecosystem […]
NFT (Non-Fungible tokens) have taken the crypto world by storm over the last year, with many celebrities like Justin Bieber, Jimmy Fallon, and significant companies like Coca-Cola, Mcdonald’s, and the NBA. The list goes on. This mass adoption has made NFT’s transition from a niche new trend to a huge investment opportunity. According to the […]
Non-fungible tokens, or NFTs, have grown so big that it is impossible to ignore. From individual artists to big brands and even celebs, they’ve all taken to it. NFT’s growth has promoted blockchain and blockchain development. Ethereum is known for its native cryptocurrency, called ether or ETH. It works on smart contracts. It provides developers […]
Given the upscaling popularity of Metaverse, the buzzword today is Web 3.0. Also termed as a decentralized web, this 3 rd installment is a significant improvement over its predecessor, Web 2.0. Today, the internet is more about social connectivity. Since Web 3.0 came into being, incredible facets such as the NFTs have taken the internet […]