Maruf
The current crypto bear market has caused major turmoil to the Web3 sector, negatively impacting the the growth of many decentralized projects, including NFTs. Essentially making it very difficult for any platform or collection to gain any traction in the current climate. However, some projects are built differently...
In its ascendency, the NFT market represented a flourishing industry that carved an exciting niche in the decentralized landscape. NFT collections like BAYC, CryptoPunks, Cool Cats, VeeFriends, and Azuki contributed positively its growth and success. However, the NFT market has since experienced something of a crash, with plummeting...
The advent of digital distribution of music in the late ’90s and early 2000s birthed a new era in the industry. This quickly evolved when Napster (formerly Listen.com) began its music streaming service alongside MP3.com and PeopleSound. Several streaming platforms like Spotify, Apple Music, Deezer, LiveOne, YouTube Music,...
Aside from gathering momentum in the digital space, NFTs are also gaining traction within the corporate realm, with blue-chip organizations and enterprises venturing into the Web3 ecosystem. This interaction marks a new dawn for the global economy, as it has been projected that the global NFT market cap...
Many investors and enthusiasts made a fortune during the NFT bubble when creators reeled out innumerable aesthetically glamorous NFTs. In addition, several NFT icons and reputable figures also debuted a series of exciting NFTs into the ecosystem, making the NFT atmosphere lively and boisterous. However, an unprecedented bear...
As blockchain technology continues to break barriers and set a new pace in multiple corporate realms, it also explores several functionalities in the digital and entertainment worlds, like the gaming industry. Essentially, it enables Free to Play (F2P) and Play to Earn (P2E) models where players own and...
OpenSea is the premier and largest NFT marketplace in the decentralized space, co-founded by Devin Finzer and Alex Atallah in December 2017. Since its inception, OpenSea has represented a reputable brand at the forefront of Web3, promoting and facilitating seamless NFT creation (minting) and trading (buying and selling)....
Non-fungible tokens have marked a major shift in the technological landscape, essentially allowing for the distribution of verifiable and unique tokens that can represent just about anything. One of the latest trends in this evolving Web3 environment has seen the rise of NFTs within the travel industry. Effectively,...
NFT lending has been around for a while in the decentralized space. It involves borrowing cryptocurrencies with NFTs as collateral. This kind of borrowing usually comes with pre-defined agreement terms binding lending and borrowing transactions. This concept promotes the popularity and functionalities of NFTs, giving the NFT landscape...
At the dawn of NFTs, creators painstakingly flooded marketplaces with captivating NFTs that enthusiasts and investors couldn’t resist. This attracted several successes to NFTs in the decentralized space and beyond. To maintain the aesthetic and glamorous aura surrounding NFTs, creators are exploring sophisticated technological tools to maintain or...