ICO

Over the past few years, the popularity of Decentralized Finance (DeFi) has rapidly increased, leading to permeation into the mainstream financial sector. For developing countries, adoption of cryptocurrency, while considered relatively volatile as compared to, say the USD, has the potential to stabilize underdeveloped economies with wildly unstable currencies and hyperinflation. For these country’s citizenry, alternative secure banking on the blockchain may provide the first...

Non-fungible tokens have been the hot topic of 2021 – there’s no other way around it. Their astronomic rise had the entire industry in awe, and while many might have anticipated the growth, it’s highly unlikely that anyone foresaw the rate at which it happened. Another thing to consider is that non-fungible tokens (NFTs) were also the primary on-ramp for retail investors in the field throughout 2021 (perhaps along with some other trends that weren’t as lasting). And while...

In a world where money is power, power is centralized in the hands of those who control money. Dependent on them, the people of the world are devoid of the opportunities while also being unable to do anything about their purchasing power fading away. If individuals are to determine their own financial futures – and thus their lives – power must be decentralized and returned to them. Failures of Fintech and Traditional Finance In a panic to uphold their economies, world...

Exchange listings can take time, especially when you’re being careful about what projects to onboard. Typically, exchanges tend to do proper research and due diligence before onboarding any new projects, making sure that they are safe for the users to engage with and trade. Phemex is no exception, and with its latest spree of projects, the focus is clear. Phemex has been vocal in its support for the metaverse, and with blockchain-based non-fungible token projects at the heart...

One of the primary traits of cryptocurrencies, and undoubtedly the thing that everyone was most excited about, at least at the beginning, is privacy. Early cryptocurrency adopters were discussing the privacy-oriented capabilities of various cryptocurrencies at length, placing great emphasis on this particular feature. For the better or worse, a lot of the contemporary projects place absolutely no attention on privacy as the focus has shifted. Yet, this remains a critical...

The world is going digital, and there’s no denying it. Over the past decade, much of our social interaction has shifted to online social mediums like Facebook, Twitter, Instagram, and whatnot. And just as this was a major paradigm shift, perhaps the next one to follow will be the metaverse. This concept has been thrown around a lot lately, especially as Facebook rebranded to Meta in a massive push towards its adoption. However, it encompasses more than one would imagine, and...

Despite all the recent discussions around virtual reality and metaverses, we are no strangers to the idea of virtual clothing. Video games such as The Sims have long incorporated the use of interchangeable outfits on their characters, which were often bought with in-game currencies acquired through gameplay alone. However, virtual clothing has since developed into having its own genuine, real-world value and economy. Let’s look at a few examples of this and explore how...

The cryptocurrency space is no longer the wild wild west of finance. Less than a couple of years ago, institutions were wary of entering, mainly because many of the projects were in a proof-of-concept stage, while the broader outsider perception of crypto was that it was used mostly for illicit transactions. And while the industry has managed to disprove a lot of the above, there’s still a lot of fraud going on in the cryptocurrency space. That’s not exclusive, of course,...

SEC chairman Gary Gensler hit the media headlines by avoiding directly answering whether or not he thinks Ethereum’s native cryptocurrency is a security. Instead, he took the opportunity to reiterate his pitch for a more comprehensive regulatory environment for the crypto sector. Gensler Fails to Clarify Ether’s Stance Gensler not answering the question on Ethereum’s regulatory status highlights the significance of the issue. As an MIT professor in 2018, he had noted that...

The countdown to the official listing of DhabiCoin (DBC) has started on six exchanges, three of them already at launch. In nine months of the ICO phase, DhabiCoin accomplished a feat never seen before in the crypto-actives market, overcoming the market’s distrust and becoming one of the main bets for this year of 2022. Check out the main gains of the project, advances achieved and expectations for after launch. Take advantage of the fact that you still have time to...