Tag: NFT

Tamadoge: An underdog altcoin stays afloat due to its rudimental alignment with ‘legendary’ coins

Instead of Tamadoge competing with the big leagues at their own game, they created the meme coin project platform where they can dominate;...

African Artists using NFTs to promote their culture to the world

African artist Fhatuwani Mukheli stated that NFT did not limit or devalue an artist's work; on the contrary, it presented a great opportunity ...

Decentralized finance faces numerous hurdles to widespread adoption

Decentralized exchanges (DEXs), borrowing and lending platforms, and yield farms are all protocols in the DeFi area. Users may participate in the DeFi ecosystem more efficiently since there are no centralized middlemen. However, there are also more significant dangers. These dangers include protocol codebase flaws, hacker attempts, and malicious protocols. Combined with the extreme volatility of the crypto market in general, these dangers may make it more difficult for DeFi to gain widespread acceptance among typical consumers. On the other hand, workarounds and improvements in the blockchain domain may solve these problems.

The metaverse economy: NFTs spur growth of societies within immersive virtual worlds

The economy in the metaverse banks relies on digital properties' authentication. These properties include one's metaverse home, automobile, farm, books, clothing, and furniture. The metaverse economy also requires the capacity to travel freely and trade between worlds with various laws and rules to thrive.

The seven most important technologies driving the metaverse

The metaverse became the famous catchphrase after Facebook changed its name to Meta in October 2021. To prepare for Facebook's rebranding, the social media giant invested $10 billion in a new reality lab branch by 2021. The plan is to create metaverse content, software, and AR and VR devices, which CEO Mark Zuckerberg believes will be as common in the future as smartphones.

Cryptocurrency innovation: airdrops and crypto projects

Crypto airdrops were popular during the 2017 initial coin offering ICO boom, and many crypto firms continue to employ them as a marketing tool today.

NFT Artists in Africa

Osinachi's NFTs are a commentary on the prioritization of work over the wellbeing Osinachi was born in Aba, Nigeria. She studied library and information science,...

NFT art in Africa

Taking the crypto art market by storm, NFT art in Africa has seen unprecedented success, with its first solo exhibition at the premier auction...

The Future of Web 3, NFT and Blockchain Technology

Web3 is the third evolution of the internet. The movement promotes a decentralised internet infrastructure and technology. The Web 3 movement traces its roots...