Maruf
NFTs are unique crypto assets that can’t be exchanged for their equivalent. They’re tokenized units of data stored on the blockchain to maintain an immutable record of ownership for all NFTs, including their transaction history as they are traded. NFTs’ genesis begins with Kevin McCoy, who minted “Quantum,” the...
Airdrops in cryptocurrency are a promotional incentivization method to promote new tokens before their launch. It facilitates awareness of the token and markets it for adoption. Auroracoin–AUR– was the first crypto to adopt airdrops in 2014. Unfortunately, its price went bearish, leading to the project being abandoned. This...
Non-fungible tokens (NFTs) have allowed creators to earn from their works without relying on art galleries, centralized platforms, or show events. Digital creators can now sell their songs, films, photos, GIFs, or even tweets, as digital treasures on a number of NFT marketplaces.
Although blockchain technology guarantees collectors...
Crypto wallets are digital wallets that serve to store digital assets and enable the transaction of these assets on the blockchain network. It is the only form of wallet compatible with the blockchain ecosystem. Crypto wallets can either be hot wallets or cold wallets.
A hot wallet is an online...
The advent of the centralized web marks a distinct technological breakthrough for humans. When Tim Berners-Lee invented the web, he didn’t know it would also become a tool for fraudulent activities. His innocuous invention was to project the world to a more civilized and interactive community where humans...
It suffices to tag the year 2021 as “the year of NFTs”. NFTs erupted in popularity after the sale of Beeple’s ‘First 5,000 Days’ NFT at a whooping $69 million. This led other blockchains, such as Solana and Tezos, to begin developing their own NFT marketplaces due to...
There’s been a rapid growth in the number of NFT users in the past one year, and using a robust and secure wallet to store and trade NFTs of all sorts is vital.
NFT wallets are usually cryptocurrency wallets with further utilities aside from storing and trading crypto assets....
To many people, the mention of NFTs means uploaded “jpeg images” that you can buy and flip for a profit. However, the current hype and adoption surrounding digital art and collectibles has revealed a slew of new possibilities and use cases for NFTs beyond images and arts.
One of...
The explosion of growth and records of success in the NFT space within the last year has set the path for the birth of countless intriguing new NFT projects. The interest to own and flip NFTs by everyone keeps soaring day by day; hence it is vital to...
One of the core ideas of cryptocurrency is the concept of “be your own bank,” i.e., easy access to your crypto assets without having to prove your identity and without dependence on centralized financial institutions such as banks or governments. This is possible due to blockchain technology –...
