The United Arab Emirates (UAE) is emerging as one of the world’s most crypto-friendly regimes as it launches programs to assist local crypto development and regulation. Even the Dubai World Trade Center (DWTC), a government-owned event and exposition site in Dubai, has declared that it would become a complete zone and regulator of cryptocurrencies, operators, and exchanges. Another project based out of Dubai, Last Hopium, is an NFT drop aimed to use blockchain technology to...
Read More »Kitty Inu: Play-To-Earn That Will Impact Developing Countries
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...
Read More »Frahm: Framing the Metaverse
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...
Read More »DeFiChain: Addressing Issues That Fintech Can’t Solve in Traditional Finance
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...
Read More »Phemex Targets Metaverse and NFTs: Adds New Offerings for Trading
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...
Read More »Firo’s Elysium Privacy Infrastructure for the Cryptocurrency Ecosystem
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...
Read More »TNNS Pro Aims to Help Athletes Through Virtual Reality and NFTs (Interview)
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...
Read More »Faith Tribe’s Virtual Clothing: What Does it Add to The Real World?
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...
Read More »Banxa: Tackling the Issues of Fraud on the Blockchain
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,...
Read More »Yarloo: Feisty Pirate Adventures Coming to the Blockchain
Blockchain-based gaming has quickly become one of the most popular topics of discussion and investment in the field of cryptocurrencies. This has to do a lot with the rise of play-to-earn games that took the industry by a storm, especially as the concept of the metaverse became the talk everyone seems to be concerned about. With this in mind, one of the games that’s aiming to bring the adventures tales of pirates and feisty waters is called Yarloo. It’s an ambitious take on...
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