Guides

Cryptocurrencies are digital assets and a payment system invented by Satoshi Nakamoto. They use cryptography to secure their transactions and control new units' creation. Cryptocurrencies are decentralized and not subject to government or financial institution control. Bitcoin, the first cryptocurrency, appeared in 2009. With the rise in the popularity of cryptocurrencies, there has also been an increase in crypto projects that end up failing.  This guide will explore the signs that a crypto project will fail. By understanding these signs,…

Cryptocurrencies have taken the world by storm, with their values skyrocketing over the past years. Unfortunately, this has led to a huge rush of investors ignoring how to recognize a pump-and-dump operation. As a result, many people have lost money by investing in fraudulent schemes. This guide will teach you how to identify a pump-and-dump scheme and protect yourself from becoming a victim. We will also provide tips for spotting legitimate cryptocurrency investments and advise you on staying informed about…

Solo staking and pool staking are two of the most popular cryptocurrency mining methods. But what are they, and which is suitable for you?  This post compares solo and pool staking so you can choose the optimal strategy. What is Solo Staking? Solo staking is when users stake their coins to receive block rewards. By having a staking wallet online, you may receive incentives.  The main advantage of solo staking is that users keep all their rewards.  However, there are…

Decentralized finance (DeFi) has the potential to reach mainstream adoption and empower people worldwide financially. However, without regulations and identity control, it can easily become a platform for scams, fraud, and money laundering. The paradox is that by introducing stricter control on who can access DeFi products, the industry loses its "decentralization" factor. After all, this is what set it apart from traditional centralized finance (CeFi) in the first place. This is where KYC (Know Your Customer) standards come in…

Initial Gaming Offerings, or IGOs, have been gaining in popularity as of late. This guide will explore the ins and outs of IGO investing. This post aims to help you make informed decisions about this investment opportunity.  We'll cover everything from what they are and how they work to the benefits and risks associated with them. At the end of the guide, you will find assessing IGOs on the market easier. What Are IGOs, and What Do They Offer Investors?…

Initial Metaverse Offerings (IMO) allow businesses to raise money by issuing tokens on the blockchain. IMO offers investors a chance to get on the ground floor of exciting new projects. In addition, you may provide businesses with the capital they need to get started through an IMO.  This guide will explore what IMO are, how they work, and what you need to know before investing in one. What Are Initial Metaverse Offerings (IMO)? Initial Metaverse Offerings allow blockchain companies to…

Liquid staking is a new way to stake your coins and earn rewards. Here we will show you how to get started with liquid staking and explain the benefits of this new system. We will also discuss the main difference between standard staking and liquid staking. What is Liquid Staking? Liquid staking is a way to earn rewards for holding tokens. With liquid staking, you can stake your tokens and easily withdraw them if necessary.  This makes it an excellent…

Sleep minting happens when a scammer mints an NFT to a renowned creator's wallet with authorization to retrieve it. This gives the impression that creators legitimately minted an NFT to themself before sending it to a criminal. This guide will teach you how to protect yourself from sleep-minting scams. Moreover, we will mention what steps you can take to prevent the phenomenon from happening. What is Sleep Minting? Scammers utilize "sleep minting” to mint an NFT and deposit it immediately…

When you think about it, the concept of a floor price is relatively simple. It’s the price below which no one can sell an asset. In traditional finance, a centralized exchange sets a floor price.  For example, if a stock falls below a threshold, the exchange may halt trading to prevent prices from dropping further. The same principle applies to digital assets and securities. For example, the floor price for an NFT depends on supply and demand, historical prices, or…