Sep 08, 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.
Sep 07, 2022
The Merge is going to commence next week and while the market is taking yet another nosedive, there is another blockchain profiting from Ethereum’s big transition to proof of stake. Miners were producing approximately $700 million worth of ETH in August 2022 and the equipment that was used for doing so will be put to work elsewhere once the Merge is over. Is Ethereum Classic becoming the new home for miners, how is the hashrate doing, and is it correlated to price?
Sep 05, 2022
On August 31st, Offchain Labs conducted a major mainnet upgrade from Arbitrum One to Arbitrum Nitro. The launch was a success, at least as measured by daily transactions, which reached all-time highs. The Layer 2 solution is now raking in about twice as much in daily fees as its competitor Optimism.
Aug 31, 2022
The DeFi bubble burst this year. The prices of the coins have fallen, and so has the overall value locked up in those protocols. But that doesn't mean the apps stopped working. On the contrary, they kept working flawlessly during the last crash and are still raking in nice transaction fees. Which chains and apps are doing best in this respect?
Aug 31, 2022
Ava Labs is the company that is behind the cryptocurrency AVAX and its technology. Avalanche basically competes with several other projects such as Solana, Cardano, and Ethereum. This competition is mainly about user adoption since all these platforms can run smart contracts and offer the same services and decentralized applications. But according to a report from Crypto Leaks, this might not be the only thing that Ava Labs is considering as competition. What kind of accusations is Crypto Leaks making and how did the management of Ava Labs react to it?
Aug 30, 2022
Last week Trader Joe launched a new iteration of its trading platform, called Liquidity Book. Trader Joe is a decentralized exchange that is an example of Avalanche's (AVAX) thriving developer community. The new version proposes some interesting improvements for liquidity providers. Long story short, it will lead to higher fees and less risk of impermanent loss.
Aug 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.
Aug 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.
Aug 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.
Aug 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.