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Over the years, blockchain technology has proved its utility in various industries. However, some sectors have yet to elude the new technological advent. One is the music industry, a multi-billion-dollar market that could benefit significantly from decentralized public ledgers. Read on to find out how music and blockchain could merge successfully! What Is Blockchain? In 2008, a mysterious person or group using Satoshi Nakamoto's pseudonyms introduced blockchain technology in the Bitcoin whitepaper. Since then, many have regarded the document as…

The development of secure digital identity authentication is one of the driving forces behind the progress of the digital age. As a result, Facebook has decided to delve into the game with its cryptocurrency wallet, NOVI. It’s not the social media giant’s first incursion in crypto. However, its previous attempt, Libra, was more of a fiasco. So, will NOVI do any better? And how does it work? In this article, we'll answer these questions and many more. What is NOVI? NOVI…

Bitcoin has been the flagship cryptocurrency since its inception in 2009. However, several other coins have been gaining traction and making their marks on the market. For instance, some coins have already beaten Bitcoin popularity-wise several times. Also, others have solid use cases and strong communities backing them to succeed. So, can any of them outperform Bitcoin in 2023? 1. Ethereum Ethereum is the second crypto by market cap after Bitcoin and is second in command by popularity. Its story…

A new wave of blockchain-based video games is on the horizon. And there’s never been a better time to invest in them than now. So, here are the top 5 NFT games you should consider investing in next year! 1. Axie Infinity Axie Infinity is a blockchain-based video game that uses the play-to-earn model. In it, players can collect, breed, raise, battle, and trade "axies," which are virtual pets similar to Pokémon. Furthermore, they can gain Ethereum-based cryptocurrencies AXS (Axie…

Here's a look at SOVYRN – the project quietly revolutionizing the Bitcoin network with once-incompatible functionality: decentralized finance. With time, it may fully correct Bitcoin's limitation on programmability, rendering various altcoins obsolete. The Present Crypto Divide As things stand, Bitcoin is still the most valuable cryptocurrency on the market. The digital asset has a $440B+ market cap. Next to the total crypto market cap of $1 trillion, Bitcoin's market dominance is unquestionable. The outside world also adopts the currency at…

Imagine you would have decided to invest in Bitcoin for $1,000 apiece in early 2017. By the end of that year, you would have made approximately $20,000 profit by selling 1 BTC. However, if you had waited a year more, your ROI would have been only around $2,500. The 2017 Bitcoin bubble saw many one-time investors exit the crypto market. They were those who started selling when the BTC price began to plummet. On the other hand, those who "hodled" licked…

As if cryptocurrencies weren't confusing enough, Non-Fungible Tokens (NFTs) are another blockchain native asset class causing people's heads to spin. While only a fifth of American adults are familiar with NFTs, their staggering growth deserves world renown. OpenSea – a popular NFT marketplace – saw over $1 billion in trading volume throughout August. Moreover, the entire space has amassed $500 million in trading volume daily at the time. Most notable are the prices people are paying for some of these…

Decentralized Finance (DeFi) is the center of these crypto transactions. However, DeFi is an innovative niche that many enthusiasts still need to explore fully. Nevertheless, numerous smaller crypto assets with similar characteristics to DeFi tokens already exist. Binance Chain, PancakeSwap, and Uniswap are examples of DeFi platforms that harbor such investments. However, the others operate on their blockchain networks. What are Some DeFi Characteristics DeFi represents an experimental form of finance that does not depend on central intermediaries like banks,…

Altcoins are constantly jostling to make a mark in the crypto world. After Bitcoin and Ethereum, the race to be the third cryptocurrency force keeps heating up yearly. Many strong contenders with different use cases promise more than the big two currently offer. As a result, many are making their mark in a big way, for good and not-so-good reasons, as long as they stand out from meme coins that ride the celebrity popularity wave and crash just as fast…