Jan 17, 2023
Top NFT Trends To Watch in 2023
1. NFT ticketing is a hot trend because it eliminates the middleman in purchasing event tickets. 2. NFT Music pattern is expected to become more popular in 2023 as few marketplaces have already begun selling partial ownership music NFTs in collaboration with well-known celebrities......
Dec 20, 2022
Top 5 Web3 & Blockchain Trends to look out for in 2023
In 2023, we can expect to see further growth in the adoption of DeFi, as more people become aware of the benefits of decentralized finance and the potential for creating new financial instruments. This trend is likely to be driven by the increasing availability of user-friendly DeFi applications...
Jul 28, 2022
What is NFT Metadata?
NFT metadata is the data that gives general information about other data; this includes the name, description, & other elements deemed necessary by the author of an NFT. Since NFT marketplaces use metadata to show NFTs to buyers and sellers, metadata must be in a format......
Jul 27, 2022
What is Algorithmic Stablecoin?
Algorithmic stablecoins are stablecoins that maintain their parity using a self-contained and decentralized economic protocol. They are built on an economic mechanism that allows them to maintain parity by increasing or decreasing the quantity of cryptocurrency by burning or mining tokens....
Jun 21, 2022
What is Decentralized Exchange (DEX)?
A decentralized exchange (DEX) is a peer-to-peer (P2P) exchange where buyers & sellers exchange crypto assets directly. Unlike centralized exchanges, DEX platforms are non-custodial, allowing users to have control of their private keys when using the platform to carry out transactions....
Jun 15, 2022
What is a Crypto Loan?
A borrower can utilize their existing crypto portfolio holdings as collateral for a crypto loan. Once the collateral is received, the lending platform makes the loan, which is often in the form of a stablecoin, and the crypto used as collateral is held until the loan is fully repaid....
Jun 12, 2022
What Are Decentralized Applications (dApps)?
dApps is an acronym derived from Decentralized Application. This means that dApps are applications that use Blockchain technology to operate in a decentralized way. dApps are built on a smart contract and a front-end user interface, written in a language that their back-end can understand....
Jun 10, 2022
A Beginner's Guide to Atomic Swap
Atomic swaps are highly decentralized and allow crypto asset holders to trade coins directly between blockchains (i.e., an exchange between an Ethereum blockchain and a Bitcoin blockchain). Atomic swaps employ hash timelock contract technology (HTCL)....
Jun 02, 2022
Understanding Liquidity Pools in DeFi
Liquidity refers to the ability to purchase and sell assets in the market without generating significant price changes. A liquidity pool is a supply of funds locked in a smart contract and used to facilitate decentralized trading, lending, and other activities....
May 29, 2022
What is Yield Farming?
Yield farming is the technique of maximizing returns through decentralized finance (DeFi). On a DeFi network, users lend or borrow cryptocurrency and receive cryptocurrency in exchange for their services....
May 28, 2022
State Channels Explained
A state channel is a smart contract that allows off-chain transactions by enforcing strict rules that either party must agree to by signing off on it; this signature can be cryptographically proven on the Blockchain....
May 27, 2022
What are Blockchain Bridges?
Blockchain bridges are systems that connect different blockchains and enable users to exchange one type of coin or token for another. Blockchain bridges function the same way physical bridges do –linking two places together....