Promise

Former Victoria’s Secret model, Sara Sampaio tweeted about her first NFT purchase in February— a virtual island in Exclusible. Some of the brands and personalities that have purchased land in The Sandbox to introduce NFTs and virtual product experiences in its digital reality are Atari, Adidas, Gucci, Snoop...

There is also an ever-growing number of NFT scams leveraging influencer and celebrity marketing. With the right endorsements, even the most mundane projects can generate a lot of hype in the short term. The problem is when the endorsements and hype wear off, more often than not investors...

In addition to the Metaverse buzz, another layer of Web3 reality that has the potential to completely revolutionize the way humans live within the next twenty years is being constructed now.It is speculated that future iterations of the Internet would enable persistent online 3D virtual environments that may...

There has been a lot of conversation surrounding the environmental effects of NFT and Crypto mining. During the minting process, non-fungible tokens are notorious for releasing significant quantities of carbon into the atmosphere. Despite the many positives associated with participating in this industry, there are still a great...

In spite of all the complex terminology that has been flung around, the most straightforward way to explain NFTs (non-fungible tokens) is as a one-of-a-kind identifier that can assign and verify ownership of digital assets.  It functions as a digital contract in that it validates the owner of...

Before the year 2020, the majority of blockchain transactions were accomplished at a low cost. But as Web3 and NFTs gain popularity, cryptocurrency transaction fees stand as one of the major hurdles to entry for mass acceptance. Because the gas fees for blockchains such as Ethereum and Bitcoin...

Just when we think we have got a hang of the opportunities Web3 has to offer its users, there comes another wave. Move-to-earn games are those that reward their players monetarily for engaging in various forms of physical activity, whether it be walking, cycling, or something else entirely.While...

Considering how much the current internet infrastructure has impacted the way the world runs, especially economically, it’s important to gain foresight on how Web3 is affecting the socio-economic landscape. Multiple big tech companies have started to incorporate Web3 into their innovations for the future. Along with these, new...

One of the biggest innovations of Web3 is in leveling out the earning field between players and game companies. The relationship between players and games has been largely unequal with only game companies standing to gain financially from it.Gamers so far have only benefited from the satisfaction they...

P2E (play-to-earn), a term recently adopted by the gaming industry, is the term designated to the group of Web3 software and applications that provide the opportunity, for users to earn as they play games and engage in the applications. Games that are founded on the concept of P2E...