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4 Creative Ways To Get Involved In NFTs
Blockchain technology is truly revolutionary because it has allowed people all over the world to create compelling applications for nearly all industry segments and use-cases. The Internet Gaming world has benefited tremendously due to the rise of seamless decentralized applications (dApps). In addition to providing more accessible apps, blockchain or distributed ledger tech (DLT) and smart contracts have also allowed developers to mint non-fungible tokens (NFTs).
NFTs are basically digital collectibles that may become extremely valuable because they are (digitally) scarce. When you think of NFTs, try to imagine those one-of-a-kind, classic Babe Ruth baseball cards or that one amazing Michael Jordan card that nobody owns, except for perhaps one person or a handful of individuals. By accumulating NFTs, you can build up a fine collection of art, much like a million or billion-dollar art gallery that you can show off to your friends.
One of the best things about NFTs is that they allow us to participate in the crypto and blockchain space by expressing our ideas through a form of creative art. Here are some great ways to make money with NFTs. Read More
Civic launches free tool to combat NFT-hungry bots on Solana
Civic’s Ignite Pass aims to combat bots targeting NFT drops on the Solana network by verifying video-based selfies using artificial intelligence.
Identity verification tech firm Civic Technologies has launched a free tool to combat botting activity in Solana-based nonfungible token (NFT) drops.
According to a Monday announcement, Civic’s new tool “Ignite Pass” will filter out bots by requiring buyers to complete a liveness verification before being approved to make NFT purchases.
Civic’s website notes that users will be required to take a video selfie in order to verify, with an Ignite Pass then being issued to their wallet address upon completion. The pass also remains active for 24 hours to “limit the options of malicious botters verifying multiple wallets.” Read More
Brave to integrate with Solana blockchain on its privacy-enabled browser
More than 42 million Brave users will soon be able to access Solana DApps within Brave.
During Solana’s Breakpoint conference in Lisbon, Portugal, executives from Brave and Solana Labs announced that the Brave browser would integrate with the Solana blockchain and feature Solana decentralized applications, or DApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its DApp users. Read More
Platform leverages on-chain Forex markets supported by Chainlink to unlock the full potential of stablecoins
With help from Forex markets, non-USD stablecoins may be the ticket to recognizing the full potential of DeFi.
Unfortunately, due to the high costs to build liquid markets for stablecoins, they are typically hard to launch and scale. To solve this chicken and egg problem, leading experts are looking to the Forex market.
Jarvis Network is one of these platforms, operating with the aim to address these concerns with the launch of Synthereum, their first protocol. Synthereum is a collection of smart contracts that pioneers a capital-efficient and innovative manner to issue and exchange synthetic stablecoins, called jFIAT. Synthereum enables an on-chain Forex market, leveraging Chainlink Price Feeds for real-time currency exchange rates, which users reference when undergoing Forex trades without the necessary slippage, to help jFIATs solve the liquidity and peg issues for non-USD stablecoins, fostering worldwide inclusion of other global currencies and further increasing DeFi adoption. Read More
A token that is only a medium of exchange has a very strong chance of falling victim to price manipulation. Alternatively, Markethive has in place, numerous velocity stabilizers including staking, (The Vault), network utility expansion, and the fact it is a cryptocurrency coin, will keep the balance of velocity. This ensures that the velocity is maintained for the initial and long-term price of MHV and is indicative of a healthy Markethive Ecosystem. A strong economy will in turn sustainably increase MHV’s price. Read More
Blockchain service provider Nansen to integrate Solana data analytics
Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in networks like the decentralized finance (DeFi) and nonfungible token (NFT) markets.
Scheduled to commence in the first quarter of 2022, the Solana function is set to augment an already impressive offering of over 100 million on-chain wallet data points across leading networks such as Ethereum, Polygon, Fantom, and Binance Smart Chain.
Nansen’s popular features, such as Smart Money, enable investors to recognize investments in emerging DeFi projects across a variety of investor types, while NFT Paradise and Mint Master provide tools to uncover NFT projects gaining traction in the space. Read More
Ripple to Launch Bitcoin and Ethereum Hub, Plans DeFi Offering
Ripple will launch Liquidity Hub in 2022, letting its clients buy tokens like Bitcoin and Ethereum in addition to XRP.
Ripple is branching out. The San Francisco-based company, whose business strategy has been based around the cryptocurrency XRP since its inception, announced on Tuesday that it will offer its clients a handful of other tokens too.
The new service, named Ripple Liquidity Hub, will launch next year and allow clients to buy and sell Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash and Ethereum Classic.
The so-called hub will plug into Ripple's existing "On Demand Liquidity" platform, which lets banks, market makers, and other financial institutions carry out cross-border payments using XRP if they choose. Ripple says the cash-to-crypto vending machine service CoinMe will be among the initial users of the new service. Read More
Phantom Wallet Preps Mobile Launch After Reaching 1.2 Million Users on Solana
Phantom, the popular cryptocurrency wallet and browser extension that allows Solana users to transact with DeFi protocols, says it is preparing to launch a mobile version of its wallet.
Chris Kalani, chief product officer and co-founder of Phantom, told Decrypt, the company is planning a "private beta around the holidays" with a full launch in January.
Phantom is Solana's answer to MetaMask, the Ethereum wallet built to interact with decentralized finance (DeFi) and other applications on the network. Via DeFi protocols, crypto owners can take out loans, earn interest on their digital assets, and trade them with other users, all without relying on a financial intermediary. Read More
Coinbase Wallet Launches Standalone Browser Extension
Coinbase continues to look for more optimization. In a world where versatile wallet tools like Metamask have had immense prevalence for crypto users, the attention and investment into standalone wallets are increasing. Of course, in enters Coinbase, one of the most prevalent names in the world of crypto exchanges.
The exchange has been scaling up from providing simple exchange capabilities this year through a number of initiatives. The list of supported tradable tokens on the platform continues to grow rapidly, a new NFT marketplace has millions of users on the waitlist, and now there are new initiatives at Coinbase to further the Coinbase Wallet capabilities.
This Browser Does More Than Just Browsin’ 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.
