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

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

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

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

A primer on NFTs

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

Cryptocurrencies Featured

How to invest in Cryptocurrency?

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

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A primer on DAO (Decentralized Autonomous Organization)

Traditional organizations have a centralized governing structure, meaning thereis a central leadership that makes all the decisions required to run theorganization. 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.

The total cryptocurrency market size peaked above USD 2 Trillion in 2021.Cryptocurrency, as the name suggests is a form of currency that uses encryptionand is native to the digital internet. The currency is fully digital, there isno physical bills or coins, and, it can be stored both

What is Proof of Work?

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

DeFi

Cryptocurrency Exchanges

As cryptocurrencies gain prominence and are adopted as mainstream investmentvehicles, there arises a need for a seamless, secure and reliable means to buythem. One way to acquire cryptocurrencies is to buy them in exchange for regularfiat money through an online crypto exchange, similar to buying stocks from

Blockchain Glossary

AirdropAirdrop 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 amarketing technique that new projects will use to get their initial users. Userswill typically be required to register and follow

What is Bitcoin Mining?

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

What is Bitcoin Halving?

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

What is a Block Reward?

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

Cryptocurrencies

What is Cryptocurrency?

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

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. Insuch networks, a centralized powerhouse controls all the activities within thenetwork.Web 2.0 and CentralizationThe internet started out as a decentralized network of