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A primer on NFTs

A primer on NFTs

The global NFT market size touched $40 Billion (source: BusinessInsider) in 2021 and is projected to grow by $147.21 Billion (source: Technavio Market Research report) between 2021 and 2026. What is an NFT? NFT is short for non-fungible token. Non fungible means that each token is unique unlike tokens

FTX and the Solana Blockchain

FTX and the Solana Blockchain

Why did the FTX fiasco affect the Solana network ? Solana seemed to have it all. The tech was promising, the team was delivering and investments were coming in. This quickly led to a bustling ecosystem and the chain went on to become a popular destination for NFT projects. At the

Bitcoin and Cold Storage

Bitcoin and Cold Storage

As Bitcoin gains popularity and more widespread adoption, one of the things investors will need to understand and educate themselves about is the storage of Bitcoin. There are several options available and more options are being built, including professional custody services from leading financial institutions. New investors may choose to

All about the Bored Ape NFT, BAYC.

All about the Bored Ape NFT, BAYC.

An NFT is a unique digital token on the blockchain and is typically an image or something similar. The process of creating the very first entry for an NFT on the blockchain is referred to as minting the NFT. BAYC, short for Bored Ape Yacht Club, is an NFT collection

All about Decentraland

All about Decentraland

Decentraland is a 3D virtual world built on the Ethereum blockchain. It is a modern metaverse where users can buy land, build experiences on the land, play games, attend events and even play poker. It is a web3 project that is being developed as a completely decentralized, autonomous DAO with

All about move-to-earn apps #movetoearn

All about move-to-earn apps #movetoearn

In the current web2 world, popular apps make money by selling ads that are shown to their users and also by selling the users' data to advertisers. All the apps that you use on a daily basis like Facebook, Youtube, Instagram and Google make money this way. All the revenue

A step-by-step guide to creating and selling your first NFT

A step-by-step guide to creating and selling your first NFT

If you're an artist looking to create NFTs using your original artwork or an entrepreneur looking to create NFTs, here is a step by step guide to help you get started. You will need the artwork to get started. It can either be your own original artwork or it can

How to invest in Cryptocurrency?

Cryptocurrencies Featured

How to invest in Cryptocurrency?

The overall cryptocurrency market cap reached $1 Trillion in 2021. Crypto assets are fast becoming an important asset class that can be included in investment portfolios. Cryptocurrency investment, like any other type of investment carries a risk and the asset class is highly volatile. Cryptocurrency is an umbrella term that

A primer on DAO (Decentralized Autonomous Organization)

A primer on DAO (Decentralized Autonomous Organization)

Traditional organizations have a centralized governing structure, meaning there is a central leadership that makes all the decisions required to run the organization. For example, 1. A government is ruled by a president or a prime minister. 2. Companies are governed by CEOs. 3. A school is governed by a

Top 3 cryptocurrencies by market cap as of April 2022.

Top 3 cryptocurrencies by market cap as of April 2022.

The total cryptocurrency market size peaked above USD 2 Trillion in 2021. Cryptocurrency, as the name suggests is a form of currency that uses encryption and is native to the digital internet. The currency is fully digital, there is no physical bills or coins, and, it can be stored both

What is Proof of Work?

What is Proof of Work?

Blockchain networks predominantly use 2 popular algorithms to maintain and update the blockchain ledger. The proof of work algorithm is a mechanism that is used to maintain trust between the nodes and to eliminate the risk of double spend. Whenever a bitcoin transaction occurs, it is the responsibility of all

Cryptocurrency Exchanges

Cryptocurrency Exchanges

One way to acquire cryptocurrencies is to buy them in exchange for regular fiat money through an online crypto exchange, similar to buying stocks from an exchange.

Blockchain Glossary

Blockchain Glossary

Airdrop Airdrop refers to a free drop of tokens directly to users’ individual wallets. This is a great opportunity to get free tokens from new projects. It is a marketing technique that new projects will use to get their initial users. Users will typically be required to register and follow

What is Bitcoin Mining?

What is Bitcoin Mining?

Bitcoin has been dubbed digital gold since there are only a fixed number of 21 Million bitcoins, making it a scarce asset. Another similarity that bitcoin shares with gold is that new coins have to be mined from the digital blockchain network. There exists a fixed total of 21 Million

What is Bitcoin Halving?

What is Bitcoin Halving?

Currencies are issued by sovereign governments and controlled by the central banks of the respective governments. Central banks develop and adopt monetary policy to regulate the supply of currency so as to maintain the overall economic standards of the respective countries. One of the key functions of a central bank

What is a Block Reward?

What is a Block Reward?

As the name suggests, the bitcoin blockchain is a collection of blocks that are linked together to form a chain. New blocks are added to the chain by the bitcoin miners. They record new transactions in the blocks and are paid a reward in return for the work performed. The

What is Cryptocurrency?

Cryptocurrencies

What is Cryptocurrency?

Currency is money that is typically issued by governments in the form of bills and coins. The bills and coins by themselves do not hold any value, however, the respective government’s promise to pay gives the currency its value. In 2021, the total cryptocurrency market cap is over $1.

What Is Decentralization?

What Is Decentralization?

If you look around, all the entities and organizations like schools, banks, companies and governments can be thought of as centrally managed networks. In such networks, a centralized powerhouse controls all the activities within the network. Web 2.0 and Centralization The internet started out as a decentralized network of