This drop is the first of its kind because of the technologies involved. And putting it all together in under 4 days is a personal feat of mine :sunglasses: I would like to go into more detail about each part of this process to show some of the technical features and hopefully encourage others to mint their own NFTs using this method. Chaink VRF | A deterministic, fair raffle We … [Read more...]
Music NFTs: The Decline of Streaming + Potential Use Case
Why NFTs Are the Keys to the Inevitable Metaverse In Search of a Killer App to Accelerate NFT Adoption Non fungible tokens (NFTs) are absolutely a bubble. People have poured hundreds of millions of dollars into NFTs. Most of those “investments” will plummet to zero. Be very afraid. At the same time, NFTs are going to change the world. They will spur vast new economic growth, including … [Read more...]
Looking Onward for Crypto Gaming
The gaming industry is seeing a surge in the number of blockchain-based games. This technology has opened new opportunities for businesses that want to create decentralized gaming apps. The global gaming market is projected to grow by $125.65 billion from 2020 to 2025, increasing at a CAGR of 12.40%. The integration of Blockchain technology in gaming apps is the significant … [Read more...]
How did OpenSea become the most popular NFT marketplace?
It is now winter 2018 and the crypto markets have crashed. Bitcoin and Ethereum are down up to 90% from their all-time highs. Projects that had previously launched to much fanfare and with big promises are now shutting down one after another. Your Thanksgiving dinner this year is likely to be quite awkward after your uncle sarcastically asked you how your Bitcoin investment is … [Read more...]
How The Best Businesses Will Use NFTs
The technology known as Web3 is very important and is constantly improving. Web3 allows for decentralization in areas such as finance, voting, and digital ownership. Additionally, many companies are trying to figure out ways to use this technology. Although there are probably many great ways to use Web3, we will just be discussing one called Non-Fungible Tokens. NFTs are a type of … [Read more...]
Fat protocols are not an investment thesis
Searching for investment criteria in the functionality stack In "Fat Protocols", my fellow Brooklynite Joel Monegro insightfully draws parallels between the Internet protocols of the 1990s and the blockchain-based protocols of the 2010s. Early Internet protocols have provided massive value, but have been "thin" - meaning that monetization has historically occurred in an industrious, … [Read more...]
Reimagining Education in a Decentralized World
Key Insights Education is key to human flourishing, but current models are not leading to optimal learning for the majority of people around the world. Web3 has enabled creators to own their work online, ed3 enables students to own their education. Nascent ed3 models are improving access, affordability, and accreditation, but more work needs to be done. Education is … [Read more...]
GTON Academy. What is DeFi 2.0?
DeFi, or decentralized finance, is made up of all the decentralized alternatives to our existing financial world. The difference between DeFi protocols and traditional financial services is that DeFi doesn't require intermediaries—it uses blockchain technology to get rid of middlemen like banks, brokers, and stock exchanges, who can be expensive. In the past year, the growth of … [Read more...]
CGV Research | Why is a crypto wallet the gateway to Web3?
As we transition to the Web3 world, we need to ask ourselves: do we need a cryptocurrency wallet to trade and store our digital assets? The answer is yes. Cryptocurrency wallets are essential for users to be able to participate in market transactions and hold onto their assets. With the development of DeFi, GameFi, and NFTs, the use of cryptocurrency wallets has become a necessary skill. … [Read more...]
Community-Owned Culture: How Web3 is changing music, fashion
Bowie's response not only accurately predicted the way the internet would change the way we consume content, but also the way it would create a new wave of artists. In 1999, David Bowie was interviewed by BBC Newsnight. In the interview, he was asked a question about the internet's impact on art and content. Bowie's response accurately predicted not only the way the internet would change … [Read more...]