LooksRare explained: How LOOKS is challenging OpenSea
September 8, 2022
NFTs are one of the fastest-growing markets and it already caught the interest of global players like eBay. The biggest NFT marketplace worldwide remains OpenSea with a yearly multi-billion Dollar revenue. There are quite a few reasons why NFTs became successful. First of all, NFT collections are fun and they are creating strong communities. But what’s even more important is that there is a variety of use-cases for non-fungible tokens involved. It is possible to tokenize event tickets, art, music, and even digital property, just to name a few examples. Many analysts believe that NFTs will see even more growth with the adoption of the metaverse. This underlines how important NFT marketplaces are and what potential they could possibly unlock once this vision becomes reality. LooksRare is a challenger that is not only offering an NFT marketplace with similar options as OpenSea but also its own token that completes its ecosystem.
Fat protocol or fat apps - where will the money flow?
August 29, 2022
Is most of the value in the crypto world going to be in the base layer? In other words, the blockchains like Ethereum and Bitcoin? Or will the applications built on them be the winners? Think Uniswap or Aave. This is the main question many followers of crypto are asking.
Lido: Liquid staking on Ethereum, Solana, Polkadot, and more
August 25, 2022
Staking is highly lucrative for many investors. Once the decision is made that a coin is a long-term investment staking adds value by creating additional yield. Since many retail investors lack the capital to run validator nodes most of them are dependent on staking pools or delegating their funds to a validator.
What is Flow?
August 25, 2022
Intended as a chain to enable gaming, Flow gained notoriety as the platform on which the successful NBA Top Shot went live: the video NFTs of NBA moments. The coin is also called FLOW.
What is Quant (QNT)?
August 25, 2022
Quant’s goal is to help further blockchain adoption among enterprises. It is a blockchain interoperability network and offers blockchain solutions built around their operating system called Overledger. It is the first operating system to be built for blockchains.
What is Ripple (XRP) and how did it originate?
August 5, 2022
Ripple is a private software company founded in 2012 by Jed McCaleb and Chris Larsen in California. The unlisted company was first called OpenCoin, but later renamed Ripple. The company began developing the Ripple protocol in 2012, which is a decentralised peer-to-peer (P2P) network that offers banks and other financial institutions a payment protocol. XRP is the native token of the Ripple network and is issued and developed only by the Ripple company. Ripple's open source protocol is already being used by banks and other institutions.
What is Floki Inu? The memecoin that started a global movement
July 19, 2022
If you have never heard of Floki Inu before, chances are you are not active on Twitter. Floki Inu is a trending memecoin, and yet another crypto based on the Shiba Inu dog breed. With their huge community, Floki is looking to shake off the bad reputation memecoins have and has set an ambitious roadmap for serious use cases.
Uniswap and the fee switch: will it happen?
July 18, 2022
Uniswap is the original decentralized exchange and still unique in a few ways. Besides being innovative - it will soon allow NFT's to be traded - it is conservative in another respect: the trading fees don't accrue to the holders of its coin UNI. Will this stay the same or will the so-called fee switch be enabled?