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Coinbase Exchange's NFT Marketplace Goes Live in Beta
Nasdaq-listed cryptocurrency trading platform Coinbase Global Inc has announced the launch of the Beta version of its Non-Fungible Token (NFT) marketplace months after it unveiled plans to launch the service.
The Coinbase NFT marketplace is launching with only Ethereum-based collections such as Doodles, Azuki, World of Women (WoW), and Where My Vans Go. No fees will be charged for a limited time, and according to the trading platform, trading fees when they are charged will be single-digit and compete with industry standards.
Coinbase is debuting its NFT marketplace with the full realization that there are dominant players in this space, including OpenSea, Rarible, and LooksRare amongst others. Based on this knowledge, Coinbase has built its marketplace to serve much more than just a zone for digital arts and collectibles trading, but as a hub for community building.
"We're building a marketplace where you can buy and sell NFTs, of course, but more importantly, you can engage," said Sanchan Saxena, Coinbase Exchange’s VP of Product. "You can engage with the creator. You can engage with the collector. And you can engage with fellow collectors from a community around that NFT. This is an important piece of our strategy." Read More
Ledger Enterprise's Alex Zinder is all about blockchain, crypto, and the future of finance
"There was a tremendous amount of interest activity experimentation happening in the (crypto) space, but not a tremendous amount of adoption from real use cases," said Zinder.
Alex Zinder, a capital markets veteran who jumped on the blockchain train last year, attended the Paris Blockchain Week Summit where he sat down with Cointelegraph to discuss blockchain projects, crypto adoption, and the traditional financial world’s necessary embrace of digital assets.
After almost two decades in capital markets technology, Alex Zinder joined Ledger Enterprise in March 2021. He previously worked at Nasdaq, where he was the global software development director and associate vice president of enterprise architecture.
Zinder now leads Ledger Enterprise, a suite of solutions that allow businesses to manage interactions in smart contract-enabled protocols that support staking, nonfungible tokens (NFTs), and other decentralized finance (DeFi) possibilities.
"Being on the Nasdaq side of things that was very much more involved in the distributed ledger ecosystem of the DLT platforms and looking at that from a more traditional financial services perspective," Zinder said, adding: "There was a tremendous amount of interest activity experimentation happening in the space, but not a tremendous amount of adoption from real use cases." Read More
Tron to Create Algorithmic Stablecoin to Be More Like Terra
It's also planning on raising $10 billion for a reserve fund.
First, it was labeled an "Ethereum killer." Now it wants to be a Terra destroyer.
Tron, a blockchain that boasts smart contracts and decentralized applications on a scalable network, is getting into the algorithmic stablecoin game.
Creator Justin Sun announced today that Tron DAO—the "restructured" Tron Foundation that "allows users to participate in governance and decision-making" about the network—will begin issuing the USDD stablecoin starting May 5. (The extra “D” stands for decentralized.)
In a separate announcement, Tron DAO said it "will raise $10 billion in reserves from prominent blockchain industry players" over the next six to 12 months. The goal is to provide liquidity in case of emergency to stablecoins issued on Tron—including both USDD and Tether—thereby keeping their value stable even during cases of financial crisis. Read More
What Really Is the Metaverse? Review of the Most Popular Virtual Worlds
Nowadays, many people try to run away from reality – the internet proves that. It is easy to appear confident and happy someone on social media but not so much in real life. Lately, however, this has started to manifest at a whole different level.
With the help of the metaverse, it is becoming possible to travel to different virtual worlds and create an avatar to live a virtual life. Even though everybody is talking about it now, it is difficult to answer what the metaverse is exactly. In this article, I’ll break down the history of the term and review some of the most important use cases.
There is no single definition of the term accepted by everyone. Most often, though, the phenomenon is described as a network of 3D virtual worlds aimed at social connection – a simulated digital space focused on creating a real world-like environment for users’ interaction, a synonym for “cyberspace,” etc.
The term “metaverse” itself is not as new as it seems. It was first coined by Neal Stephenson in his science fiction novel Snow Crash in 1992. It is used in the book to depict the imagined dystopian future in a virtual reality world. Read More
HVC is poised to triumph in the crypto economy.
Markethive is a monolithic blockchain project currently operating as a social network, an entire inbound marketing platform with email, blogging, and digital media capabilities that broadcast to the vast internet. It’s a complete Market Network and the first of its kind.
Markethive is predominantly a free system where users can access a platform that can cost more than $2,500 offered by other marketing platforms. There are, of course, upgrades that open up more tools and monetization opportunities, the first being the Entrepreneur One Loyalty Program, and coming soon is the Premium Upgrade.
The many domains Markethive has and its autonomous cloud systems that ensure its sovereignty and longevity make it untouchable and immune from the tech giants’ rule and biased agenda. But can still remotely infiltrate the social media platforms and reach the multitudes either locked in or looking for an alternative meritocratic medium.
In other words, wherever you go, Markethive is there, anywhere and everywhere, delivering its message via its community of entrepreneurs to a far-reaching audience. This next-generation social market media is poised in the wings, and when the time is right, it will emerge as a shining light to lift people up and bring financial sovereignty and hope in this gloomy and uncertain world.
The video platform, conference rooms, the unique four specific news feeds currently in development, and many other projects and incentives add to the credibility and need for an ecosystem in the social media and digital marketing space. Read More
Renowned Film Director Ridley Scott to Produce a Movie About Ethereum
The book, describing the birth and the development of Ethereum – “The Infinite Machine” – will be broadcasted as a movie.
Ridley Scott – one of the greatest film directors of all time – will be the next celebrity to dive into the cryptocurrency universe by producing “The Infinite Machine,” a movie about the founding of the Ethereum network.
Gladiator’s Ridley Scott to Take Ethereum to Hollywood:
Camila Russo’s book “The Infinite Machine,” which tells about Vitalik Buterin’s idea to create Ethereum and the following development of the network, is set to become a full-length movie. What’s more interesting is the fact that the Hollywood icon – Ridley Scott – will be among the producers. Read More
How Web 3.0 apps must adapt to become next-gen of tech, explained
Unlike Web 2.0 applications, offerings built on Web 3.0 are enabling users with true data ownership.
Web 2.0 brought about a major change to how the world views the internet, introducing online platforms like TikTok, Twitter, Meta (former Facebook), and Instagram, among others.
Although valuable in the number of opportunities made available, Web 2.0 has brought concerns about data ownership. With users spending more time online, their data, including what they like, the content they create, and other details about themselves, are being shared with big tech companies, many of which have been caught in data scandals in the past and paid their way out of it.
Web 3.0 addresses these concerns by presenting a new reality for application usage. Leveraging verifiable, trustless, self-governing, permissionless, distributed, and robust technology, application users can gain true ownership over their data.
Unfortunately, before this becomes a reality, developers must consider how to create apps that can be deployed to run on multiple servers as a decentralized application (DApp) while still maintaining the same user experience expected in 2022. Read More
‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried
NFT.com is aiming to cultivate a democratic, community-governed NFT headquarters to compete with the industry’s top marketplaces and data aggregate platforms.
Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries.
Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within the NFT community are reigniting for the impending schedule of calendar events such as the launch of Coinbase’s public NFT platform, and the potential for OpenSea and MetaMask tokens.
In an exclusive interview with Jordan Fried, the CEO of Immutable Holdings and Founder of NFT.com, Cointelegraph learned Fried’s perspective on Buffett's impact on Web3 ideologies, the imminent release of NFT.com, as well as the usage of Hedera’s consensus service to track the minting of profiles. Read More
Georgia crypto mining’s potential: What’s driving growth in the industry?
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia.
Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining?
Despite its small size and population, Georgia has become a popular spot for cryptocurrency mining thanks to its cheap electricity, the absence of legislative restrictions, and attractive tax incentives. This combination of factors has engaged not only Georgian citizens but also foreigners who want to try their hand at cryptocurrency mining.
Georgia’s economy is actively developing, but it has not yet grown up to the level of other developed countries. In 2015, in order to attract foreign investment and boost the economy, Georgian authorities established a Free Economic Zone (FEZ) in Tbilisi, the capital of the country.
This action turned out to be a boon for the cryptocurrency business. By 2018, the country ranked second in the profitability of Bitcoin (BTC) mining. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
