Guides

In a volatile market like crypto, investors always look for ways to protect their assets. In this market, just like any other, nobody wants to lose money. Consequently, it's essential to introduce a price floor for the value of your assets. These situations can benefit from stop-loss orders or portfolio stop losses. However, some people need help figuring out where to set their prices. If you set them up too far away, you could lose a lot of money in…

In a world where NFTs are becoming more and more valuable, NFT theft is a real threat. Criminals and technology are evolving, and users need to move with care in this growing market. Our guide will provide more details on this dangerous trend and share guidelines for reducing the risk of NFT theft. Stealing NFTs – Myth or Reality? When it comes to stealing NFTs, exploiting human mistakes is a typical strategy for a hacker. With the hacker's access to…

People can choose domain names that are easy to remember for their wallet addresses, thanks to the Ethereum Name Service (ENS). The secret to this technology is using a computer to understand this domain. When it comes to Web3 communication, ENS has the potential to make all the difference. In this guide, we'll go through some possible reasons for this. Ethereum Name Service (ENS) – A Definition To find out what a specific Ethereum address is, people can use the…

Decentralized finance, or DeFi, presents several hazards to investors. First, the impermanent loss is a significant concern when dealing with this growing market. This guide will explore the meaning of impermanent loss concerning the liquidity pool. Moreover, the guide will also discuss how to calculate the difference and reduce the risk of this phenomenon. Grasping the Notion of Impermanent Loss There is a high probability of impermanent loss in every given situation. For example, a net difference in the value…

A multi-billion dollar sector was born out of the non-fungible token (NFT) market in 2021. Environmentalists are increasingly alarmed about the ecological impact of this growing sector.  Is NFT minting a cause for concern for our planet's environment? What options do we have in resolving this problem? These crucial questions will be the core of today’s guide. Minting New NFTs Minting, adding a specific item to the blockchain, is similar to producing a physical coin. It has been an exciting…

Every time we see a new crypto project entering the market, we notice different ways to launch a token. One of the teams' most common choices is leaving (or not) access to the token to early investors. In this context, we have all heard about pre-sales and fair launches. These two strategies represent different approaches to the crypto market. Our guide will clarify the main features of the two funding rounds for our readers. Launching a Crypto Project – Preliminary…

In the context of NFTs, utility refers to the advantages of owning one of these digital assets.  Of course, we can buy and sell NFTs on the market, but there is usually more to them in terms of utility.  We can find the utility in many different ways. For example, buying NFTs may enable us to get physical goods, airdrops, or future whitelist spots in new projects. Our guide will critically examine the topic and provide readers with essential details.…

The growing popularity of non-fungible tokens (NFTs) often creates situations where market demand outweighs the supply. Therefore, the scarcity (or “rarity”) of an NFT is an essential feature influencing its value in the eyes of investors. In such a highly competitive market, a group of creators devised a clever trick to benefit investors. As a result, the NFT whitelisting practice is becoming increasingly frequent in this market, and our guide will explain how the system works. What Is NFT Whitelisting?…

The market generally associates NFTs with digital reproductions of art that might potentially grow in value over time. In general, this is true for most NFT projects. However, new use cases for NFTs are emerging as the market grows. For example, the notion of staking tokens is well-known among cryptocurrency fans. Still, using this mechanism in the NFT realm is rare. Our guide will explain how developers thought of merging the features of NFTs with those of the staking system. …