In March 2021, Christie’s, an infamous British arthouse, sold an NFT for $69 million. Just like that, NFTs went from being relatively unknown assets to becoming a fully-fledged disruptive innovation. Since then, we’ve watched tweets sell for millions and...
You’ll have heard about blockchain technology if you’ve been active in the digital space for some time now. This technology has been the driving force behind a completely different type of asset – cryptocurrencies. While cryptocurrencies have been a...
In the wake of titles like Axie Infinity and its more than $1 billion in-game asset purchases, the gaming industry is excited about GameFi. What is GameFi? GameFi combines the words game and decentralized finance. Also known as play-to-earn blockchain games. Here...
Over the past 2-3 years, Decentralized Finance (DeFi) has emerged as a popular alternative to the much more rigid traditional financial systems. Running on top of blockchain technology, DeFi opened up banking to anyone with internet access. DeFi Web 2.0 applications...
The Stellar platform is widely used for cross-border settlements and remittances; hence, the Stellar blockchain is sometimes regarded as the future of global micropayments or banking. Stellar is an open-source, decentralized network known for its low transaction fees...
Web3 and the cryptocurrency industry are built around tokens. Tokens are divided into two types: fungible tokens and non-fungible tokens (also known as NFTs). These tokens can be used for a variety of purposes. Security, utility, and governance tokens are examples of...
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