NFTs

The much-awaited milestone on the Cardano network is finally here. According to the June updates, Tim Harrison, the marketing director of IOHK, confirmed that the first smart contracts of Cardano's testnet Alonzo are finally up and running. Cardano Smart Contracts The basis of programmable smart contracts in the Cardano network is Alonzo Blue. Alonzo is deployed on the mainnet via multiple testnet so that their partners and pioneers can check Plutus Core during May and June before code freezes by…

For some time now, OnePlus has been trending ahead of its new Nord smartphone launch. The company has recently expressed interest in venturing into crypto through a recent survey conducted regarding blockchain research. The Survey Details The China company ran a survey to receive input on what their customers had to say about cryptocurrencies. Titled 'OnePlus Block Blockchain Research,' they questioned the use of platforms like Gemini, Binance, Coinbase, and Robinhood.  Just from the name of the survey, it is…

Cryptocurrencies are still wildly volatile. There’s probably no industry as risky as the crypto space. It’s over a decade now, and still, cryptocurrency investors warn that people should only invest what they are ready to lose. However, it’s, on the other hand, one of the most lucrative, and this brings sense to the concept of high risks promising more significant returns. The industry is currently on fire over two sets of crypto projects; NFTs and the Shiba dog-inspired coins. Well,…

It is always hard to keep up with an industry that constantly launches new successful products by the year. The blockchain world is one such industry that seems just to be scratching the surface of its full potential. Even then, it has managed to top over 22000 different cryptos as of the end of January 2023. While not particularly new in crypto terms, NFTs and Stablecoins are still very new concepts to most people who aren't avid followers of the…

The evolution of the blockchain world has been phenomenal, showing no signs of slowing down. An interesting testament to this is the Non-Fungible token. Also known as NFT, it merges decentralization and unique rarity forms to produce a one-of-a-kind token. On the other hand, art is an expression of human creativity and imagination whose value is purely based on viewer opinion rather than the value of inputs used.  It's rare to have any aspect of cutting-edge technology being heavily dedicated…

Blockchain technology unlocks the impossible, and if you thought you had seen it all, you are in for new surprises. It’s the NFT industry this time around. Not like NFTs are a new concept. Non-Fungible tokens were around as early as 2014, but the industry hadn’t explored until recently.  2021 seems to be the most gifting year for the industry, although some experts believe it’s just a bubble that will soon pop out of favor. In any case, they are…

 Blockchain sports platform Chiliz has revealed that it will invest $50 million as part of its expansion plans to the United States. This development represents a significant step for Chiliz as it looks to maintain its growing dominance in the sports-based NFT market.  Major expansion  Chiliz revealed this latest development today in a press release on Us news outlet, Reuters. The blockchain firm will also be opening an office in New York to expand in the U.S. Chiliz also stated that it…

Bitcoin Billionaire Chamath Palihapitiya has revealed that NFT's (Non-Fungible Tokens) is the next frontier for cryptocurrencies. NFT's wave has been building for a while, and it appears to have a supporter in the Palihapitiya.  Next Frontier Of Cryptocurrencies  Chamath Palihapitiya made his opinion known in an interview with Bloomberg on Friday. The well known Bitcoin advocate was asked to reveal which other coin he holds apart from BTC.  Surprisingly, Palihapitiya revealed that he is building a sizable portfolio of non-fungible…

In the midst of a booming market for non-fungible tokens (NFTs), a rare alien CryptoPunk art was sold for $762,000. CryptoPunks are considered to be the project that inspired the CryptoArt movement. CryptoPunk sold for $762,000 A non-fungible token (NFT) from the CryptoPunks collection was sold on Saturday, January 23 for 605 Ether ($762,000).  This was revealed on the website of Larva Labs CryptoPunks are highly regarded within the NFT sector since they predate the creation of CryptoKitties and the…