SolChicks, a notable NFT play-to-earn gaming ecosystem based on the Solana network, has announced its plans to donate to Ukraine. It urged its community on Twitter to participate in its donation campaign. The donation campaign set a goal to...
DeFi, or decentralized finance, enables individuals, merchants, and corporations to conduct financial transactions without intermediaries. This is accomplished through the use of peer-to-peer financial networks, which employ security protocols, connection, software and hardware enhancements, and so on. Unlike typical...
In today's episode on DPP (DeFi Planet Podcast), we explained extensively the meaning of Central Bank Digital Currency (CBDC). Which is a digital form of a country's fiat currency, issued and regulated by a nation's monetary authority or central...
The question of whether or not CBDCs should be introduced continues to be debated around the world, even as a handful of countries are already going ahead with their introduction. In this piece, we examine some of the questions...
SolChicks recently announced that holders of its native tokens, $CHICKS can now stake their tokens to earn APY. As of the 5th of February 2022, the dashboard is available and anyone can seamlessly stake their SolChicks native tokens. Staking...
Throughout history, financial foundations have grown in accordance with the available technologies. A lot of recent payment innovations are based on improvements to the underlying infrastructures that have been in the works for many years. Retail payment demand is...
The hard truth is that the rise of Central Bank Digital Currencies (CBDCs) will change how we see, control, and use cryptocurrencies. Though both concepts usher us into that future where digital money is a reality, they do so...
A Central Bank Digital Currency (CBDC) is the digital version of a fiat currency that is created by the government with the aim of enabling a digital version of cash and improving digital transactions in an economy. As a...
What are NFTs? A Non Fungible Token (NFT) is a unique asset on a blockchain network. NFTs are non-fungible as they are unique and are not interchangeable, unlike cryptocurrencies where each unit of a given coin is the same...
The Non-Fungible Token (NFT) space is buzzing with activity. Musicians are minting their songs, albums, and collectibles as tokens and selling them off to their fans. Artists are turning their masterpieces into NFTs and auctioning them on marketplaces like...
