Online gaming is arguably one of the best use cases for blockchain-based technology. The ability to assign traceable and verifiable ownership to in-game items provides tremendous capabilities. This concept has grown in popularity, and perhaps one of the first games to pioneer the field was Decentraland. The below is a comprehensive guide on Decentraland – what it stands for, how it was launched, and how to play it in a detailed step-by-step guide. Quick Summary: Name:...
Read More »The Bored Ape Yacht Club (BAYC) NFT Collection: Everything You Need to Know
Non-fungible tokens have been the hottest trend in 2021. They saw global recognition, mainstream adoption, and overall acceptance in and out of the cryptocurrency industry. The astronomic surge in popularity of non-fungible tokens (NFTs) led to a massive demand (and an even higher supply) of various collections, each one with its intricacies and perks. Undoubtedly, one of the most popular NFT collections, which even became the most expensive in terms of floor price as of...
Read More »How to Play Axie Inifnity? A Step-by-Step Guide
Earning money through playing video games is a dream of every gamer, but in the traditional industry, it’s something that only professionals achieve. However, things move fast in the field of cryptocurrencies, and the above is now becoming possible thanks to the P2E (Play to Earn) business model. The combination of blockchain technology and non-fungible tokens (NFTs) implemented in video games is giving crypto enthusiasts and gamers alike the opportunity to earn money by...
Read More »10 Most Influential Crypto People of 2021
2021 was indeed an eventful year for the cryptocurrency industry. Many milestones were achieved within the last 12 months. We saw an influx of institutional investors adopting crypto assets, especially Bitcoin, as a hedge against inflation. Non-fungible tokens (NFTs) became a thing for celebrities and retail investors, with billions of dollars traded in exchange for different digital collectibles. While the landmark growth of the industry was championed by different players,...
Read More »How to Mint Your First NFT on OpenSea? A Step-by-Step Guide
Non-Fungible Tokens (NFTs) are becoming an essential part of the digital landscape. They are unique and non-interchangeable crypto assets issued on the blockchain, and the most popular ones are on Ethereum and Solana. As of 2022, their market has grown from $350 million to roughly $15 billion in just one year. Quick Navigation Unlike standard tokens, NFTs are non-interchangeable. They serve as digital representations of items, such as artworks, images, videos, or anything...
Read More »Solana’s Phantom Wallet CEO: 2022 Will Be Huge – Mobile App, NFT Features, Possibly Native Token (Interview)
Solana is undoubtedly amongst the fastest growing ecosystems, as well as one of the hottest networks. There are hundreds of teams building various projects ranging from financial applications to non-fungible tokens and blockchain-based games. It has managed to successfully position itself as one of the main competitors for Ethereum. The vibrant and dynamic ecosystem was perfectly represented during the Solana-dedicated conference that took place in Lisbon earlier in November:...
Read More »Binance Has Incubated Over 100 Projects Since 2018: Binance Labs Director Chase Guo (Exclusive Interview)
Binance is one of the most recognizable names in the cryptocurrency industry. After all, it’s the leading exchange and forefront for the entire field – a place where many newcomers begin their cryptocurrency journey. However, what a lot of people don’t know, is that apart from its popular exchange, Binance also runs a whole lot of other initiatives, each one of which aimed at furthering the cause of crypto. One of these different avenues is Binance Labs. Those of you who are...
Read More »It’s Like Email on the Internet: Enjin’s CTO Talks About Blockchain Gaming (Podcast)
Enjin is one of the leading projects involved in the currently booming play-to-earn and metaverse space. In Layman’s terms, Enjin helps teams tokenize all aspects of their digital journey. In essence, the project provides an ecosystem of blockchain-based gaming products that are interconnected. Its flagship offering is the Enjin Network. With this said, the entire project is garnering massive attention and is coming to serious prominence as of late because of the recently...
Read More »Global Crypto Regulation: A Glimpse Of The Present & A Window Into What 2022 Might Hold
The last couple of years have witnessed explosive growth in the mainstream acceptance of cryptocurrencies as aggregate global digital asset capitalization surged past $3 trillion in market capitalization amid a flood of institutional demand and expanded use cases. Digital assets like bitcoin (BTC), ether (ETH), and several other altcoins have come a long way, gradually transitioning from speculative investments to crypto portfolio stablemates. As cryptocurrencies continue...
Read More »Polkadot Parachain Auctions Start Today: What You Need to Know
Parachains are an integral component of the Polkadot structure and vision. They are intended to connect to Polkadot by leasing a slot on the Relay Chain for up to 96 weeks with an option to review. As CryptoPotato reported earlier in October 2021, after years of development, the team finally greenlighted parachains and said they are ready to be integrated while also proposing a date for the first Parachain Auction. In this article, we attempt to breakdown the following...
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