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Adobe offers users the ability to verify NFT marketplace creations through metadata
The software company's Content Credentials can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on the marketplace.
Many nonfungible token (NFT) marketplaces are allowing digital collectors to identify artwork based on the wallet address of its creator through a partnership with software giant Adobe.
In a Tuesday announcement, Adobe said it would be partnering with major NFT marketplaces including OpenSea, KnownOrigin, and SuperRare to allow users to verify the authenticity of the digital content. Adobe’s Content Credentials can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on the marketplace.
"This partnership furthers our commitment to empowering users with more tools as we collectively rethink how we transfer digital goods on the internet,” said an OpenSea spokesperson. “Working in tandem with market leaders like Adobe and the growing NFT community, we will keep providing features to increase trust and transparency across the metaverse." Read More
DeFi Token Ampleforth Launches on Avalanche
One of the original rebasing tokens, Ampleforth (AMPL), is now live on the fast-growing Avalanche network.
Ampleforth is launching its algorithmic unit of account on the Ethereum competitor Avalanche.
“With the changing regulatory landscape and uncertainty around what the verdict around stablecoins will be, it’s important for DeFi to have a financial building block that’s decentralized, uncensorable, and have some aspect of price predictability or stability,” said Evan Kuo, CEO of Fragments, Inc., the development company behind the Ampleforth Protocol.
The Ampleforth Protocol adjusts total supply daily by transferring volatility from price to supply, and the protocol’s supply policy does not rely on traditional banks or lenders. Read More
To the roots of mining: Bitcoin going green faster than ever
Many crypto-mining firms are transitioning to renewable sources of energy to help facilitate their operations.
There’s no denying that over the past couple of years, the narrative that Bitcoin (BTC) consumes too much power has continued to garner an increasing amount of mainstream traction. However, what sometimes gets ignored is that in recent months, an increasing number of Bitcoin miners have moved toward the use of power sources driven primarily by renewable energy.
To expound further on the subject, it should be noted that a number of studies, including one that was released recently by Cambridge University, revealed that more than 75% of all miners operating today make use of renewable sources to power their day-to-day operations. Read More
How NFTs Help Musicians Reconnect With Fans in the Post-Pandemic Space
As we know, music halls, venues, and shows stopped. Tours were rescheduled for years later, and artists lost a significant revenue stream in the blink of an eye. Essentially, the pandemic pushed artists into finding new ways to build an income. Fortunately for them, NFTs or non-fungible tokens are a good opportunity.
NFTs are unique digital assets that can represent anything and enable new ways for fans and artists to interact in meaningful ways. These unique digital assets allow fans to show their dedication and ensure artists can offer one-of-a-kind experiences such as one-on-one live streams or exclusive events. What’s most important here is that artists are finding a way to reconnect with their fans despite the pandemic. Here are a few ways NFTs provide this luxury. Read More
The First In The Social Media Marketing Niche
Markethive is building an epic entrepreneurial ecosystem, never seen before and transcendent to other social media and marketing platforms. The transformation is enhanced with our release of the first of many initiatives being the Wheel Of Fortune and the launch of The Boost to follow soon after.
With Markethive now running on its own servers, with the security of Blockchain and its Hivecoin about to be released as a native fungible multi-asset token on Cardano, we have arrived as the first mega decentralized social platform marketing network with the mission is to deliver a decentralized and autonomous environment to the masses, that is not subject to the oppressive technocracy.
Inspired by Binance’s rise in becoming more than a crypto exchange, Markethive goes far beyond by creating a robust ecosystem in the social media and marketing niches. It will deliver very unique aspects to the Markethive exchange by creating niches and exclusivities that no other platform or system has.
As stated by Founder and CEO of Markethive, Thomas Prendergast,
“The transformation has begun. We are releasing our first of many services as we move Markethive into being the most powerful marketing platform in existence, as well as the most powerful Social Network system as well as the most effective broadcasting platform ever built. The Wheel of Fortune is just one of the many major integrations of services coming that entrepreneurs and marketers need and will benefit from. We are building a powerful epic ecosystem never seen before.” Read More
How The NFT Space Is Providing Accessibility To Minorities
Non-Fungible Tokens (NFTs) are the craze right now, and a significant reason for that is the stellar prices that some NFTs are sold for. However, while it’s primarily NFT’s use case for art that tends to attract all the attention, this revolutionizing use of blockchain technology has much more to offer. Many believe that NFTs can also help enhance diversity, equity, and inclusion in the art and crypto worlds. NFTs bring blockchain to the masses, making cryptocurrency and blockchain technology more accessible to minorities. Read More
Immersive cooling tech could help Bitcoin mining go green by 2030
Immersive cooling technology may help with the transition to zero-emission Bitcoin (BTC) mining, Hass McCook, a member of the Bitcoin Mining Council (BMC), told Cointelegraph.
McCook, known online as Friar Hass, believes the industry is on track to have hit the goal by 2030.
Immersive cooling involves submerging Bitcoin mining ASICs into a specialized cooling fluid, which absorbs and recycles heat from the data center. This method of Bitcoin mining increases productivity. Read More
Blockchain Play-To-Earn Games Are Making Founders And Players Rich
Four new entrants onto the Australian Financial Review’s 2021 Young Rich List have built their fortunes from crypto play-to-earn games based on the Blockchain. These games exist in the ‘metaverse’ which is still in the very early stages of being built out.
Some people may have heard of the blockchain and cryptocurrency game Axie Infinity, a game that involves the breeding and fighting of cute monsters called Axies.
One main reason the game has reached the ears of so many is undeniably its success, which can be measured in the number of players that play regularly and by its fast-growing $8.5 billion market cap. Read More
The future of DeFi starts with the elimination of rug pulls and pump and dump schemes
Rug pulling, pump and dump schemes, and other scams prevent DeFi adoption unless a decentralized exchange can discourage this behavior.
It isn't breaking news that decentralized finance (DeFi) is growing and has a rapidly expanding ecosystem to match. As the number of blockchain-based financial products extends to replicate the capabilities of traditional institutions, the only thing holding the technology back is mainstream adoption. Part of the reason for the discrepancy in use and adoption is that it is only now that people are beginning to understand the cryptocurrency space. Conclusively, mass adoption isn't a matter of if, so much as it is when.
Many platforms and exchanges have continued to pop up in this space, although some work still needs to be done. For every project with a good mission comes a series of scams looking to take honest investors' money. When news of these rug pulls and other project scams catch the media's eye, many are quick to sympathize with the investors who have just had their money drained. Even with due diligence, it can be hard for an investor to catch these scams in advance or for a novice investor to invest, to begin with. 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.
