Nagi An
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DAOs, decentralized autonomous organizations, are community-led organizations with no central authority. They function similarly to grassroots movements, where a group of people with a shared mission come together. As far as the goals are concerned, the types of DAOs vary considerably. There are media DAOs like Bankless DAO, collector...
Augmented reality technology witnessed many breakthroughs throughout history until it gained the traction it has today. Without further ado, here are the major turning points in the history of overlaying computer-generated information onto the real world. History of early research on augmented realityComputer scientists, artists, and researchers ushered in...
Decentralized messaging enables peer-to-peer encrypted communication where no central servers violate user privacy by storing data. Blockchain stores data in blocks over distributed networks as a type of distributed ledger technology. Therefore, most of today’s decentralized messaging solutions leverage blockchain technology. Interoperable applications allow us to develop and use...
Thanks to the value propositions brought by NFT membership and ownership, companies can develop strong customer ties that endure over a long time. This, in return, increases the lifetime value of their customers. In addition to leveraging such benefits, successful NFT marketing campaigns capitalize on driving forces that shape today’s modern...
Persistence is the ability to place things in space and make them stay in the same position over time. As such, persistent AR solutions enable the permanent placement of virtual content across multiple user sessions in an augmented scene. When you return to the AR application, you find...
Technologies expand along with their languages. As the metaverse ecosystem keeps flourishing, so does its vocabulary. It isn’t easy to keep up with all the emerging terms, but here are 20 terms that can function as conversation starters. Metaverse terms for world-building and real-world reference#1 MirrorworldA mirrorworld is a...
Public ledgers record data transparently so that anyone can view transactions. But at the same time, this lack of privacy hinders widespread blockchain adoption. We need approaches to ensure high levels of transparency without sacrificing privacy. Zero-knowledge proof is a method that can be deployed to mitigate privacy-related concerns....
Scammers and hackers drained over $504M from web3 protocols in just the third quarter of 2022. According to a report by the blockchain audit company Certik, exit scams and flash loan attacks were the two of the most common fraud types. Whether through these strategies or by creating synthetic identities,...
Tokenomics refer to economies built around tokens. It’s an essential element of any blockchain project. Well-implemented token economics allows teams to build sustainable economies while creating value for token holders.Creating effective NFT tokenomics is a complicated process that depends on factors that interact with each other, including supply...
Smart glasses are like our mobile phones. They function as user interface devices that connect us to the digital world. If they become easy to use and affordable, we’ll have a way to enter metaverse applications anytime and anywhere. We present 7 approaches adopted by the pioneers of smart...