Decentralized Finance has been growing tremendously recently and is currently being compared with traditional finance. DeFi protocols focus on different areas. Some are designed to be decentralized insurance platforms, such as Nexus Mutual. DeFi insurance involves obtaining insurance coverage...
With the Ethereum blockchain experiencing scalability issues, more platforms have developed scaling solutions to address the issue. Typically, these scaling solutions are intended to improve transaction speed while reducing the high transaction costs associated with the Ethereum chain. The...
More companies are becoming interested in the concept of metaverse. With the renaming of Facebook to Meta, more attention has been drawn to the concept of the metaverse. Some companies purchase virtual land in different metaverses to build offices,...
The first blockchain implementation, Bitcoin, spurred considerable experimentation with blockchain technology, particularly in the financial services industry. As blockchain technology grows increasingly popular, large organizations and startups are looking for ways to apply it outside the financial services sector. ...
The GameFi ecosystem has evolved in recent times, with earning opportunities being made available to those participating in gaming activities. Play-to-Earn games are blockchain-based games that allow players to earn crypto by playing the game. Users are typically rewarded...
The introduction of blockchain technology into the gaming world ushered in the advent of the GameFi niche. GameFi refers to an ecosystem where you can earn and trade in-game currency by playing games or performing tasks. This allows users...
Transparency and immutability are critical components of blockchain technology, which have made it appealing to various industries. The ability to view transaction history and the permanency of records on the network have made it a sought-after technology in finance,...
There are various types of cryptocurrencies, each with its own set of characteristics. Some cryptocurrencies are designed to be utility tokens, which means they can only be used within the issuing ecosystem. A cryptocurrency may be a DeFi token,...
GameFi is the acronym for Game and Finance, and it has evolved to include remarkable functionalities that allow users to earn while playing games. This ecosystem is focused on integrating financial architecture into games. Users on a Play-to-Earn (P2E)...
Governance is an element of blockchain technology that has endeared it to several industries and businesses. The establishment of the Decentralized Autonomous Organization (DAO) is an integral part of blockchain governance that has recently become relatively prevalent. The principal-agent...
