Tag: NFTs

The Humanity Protocol’s Approach to Digital Identity and Economic Inclusion

In the Humanity Protocol's ecosystem, time isn't just a measure; it's an asset. Every holder of a Humanity NFT commits to 100 hours over three years, translating to a collective commitment of a minimum of 150 million hours. This time is then monetized in various innovative ways, ensuring that NFT owners not only earn above extreme poverty wages but also contribute to enhancing community value. From tasks listed on the Humanity Node Protocol (HNP) to collaborations with blockchain and crypto startups, the protocol is redefining the very essence of time's value.

Is the NFT Marketplace failing after a decade of success?

Africa's NFT market had a total revenue of $3420.4 million, according to Research and Markets. The global sales of NFT in...

Exploring the roadmaop towards creating your African NFT collection

Explore the steps to create your African NFT collection and join the exciting world of NFT minting, digital assets,  the NFT marketplace, and...

Is NFT growth stalling?

The NFT sector, which once dazzled the world with its potential for innovation and transformation, is now facing significant challenges. Despite these setbacks, emerging...

The potential of NFTs in promoting tourism in Africa

Africa has a wealth of cultural heritage, encompassing a diverse array of traditional art, handicrafts, and historical artefacts. NFTs present a unique opportunity...

Different NFT types faming in 2023

In 2015, Spells of Genesis became the first blockchain-based game that heavily relied on NFT. Music NFT is a distinct digital asset issued...

NFT adoption in Africa: Challenges and opportunities

In Africa, NFTs remain relatively unknown to the general population. Financial literacy and access to banking services are significant obstacles to NFT adoption...

NFTs : Guardians of Africa’s rich cultural heritage

NFTs are key to transforming the preservation and promotion of traditional art, music, storytelling, and other cultural expressions. African cultural preservation faces challenges...

Japan’s largest airline ANA, launches NFT marketplace

The largest airline in Japan, All Nippon Airways (ANA), has recently launched a Nonfungible tokens (NFT) marketplace. Nonfungible Tokens (NFTs) have been absorbed...

How the metaverse and NFTs could boost Africa’s economic growth

The metaverse evolution supports outstanding creativity and opens new prospects for businesses, brands, and the community. In Africa, vibrant tech start-up environments are already propelling job creation and economic progress. In the future, they will contribute to shaping and inventing technologies that will revolutionise how people live and work and influence the common digital future.

Token gating: The next step for the media industry

Token gating is an NFT-based system that gives the content creator complete control of their products. In 2014, Kevin McCoy finally presented...

Mistakes to avoid when launching new NFT collection

NFTs are Nonfungible tokens and have experienced an unprecedented surge in popularity globally.  Many users opt to launch their own NFTs collection, and...

The rise of Non-Fungible Tokens and their use cases

Despite the many potential benefits of NFTs, several challenges and controversies surround their use. NFTs have a wide range of applications, and their...

AI NFTs: The downfall of NFT artists

AI NFT, titled Théâtre D'opéra Spatial, won first place at the 2022 Colorado State Fair Fine Art Show. AI applications have recently flooded...

NFT applications merge with the food industry

Food NFTs provide a form of traceability by accounting for the food supply chain. By using digital artwork to develop recipes, chefs can...

The vulnerabilities plaguing Metaverse security

The thriving nature of the Metaverse has led to an increased number of scammers, fraudsters, zero-day attackers and crypto hacks. According to...