Cryptocurrency is currently undergoing its biggest test for adoption. Sequel to El Salvador’s historics, Ukraine has made moves to legalize bitcoin. DeFi protocols are penetrating mainstream finance as content creators worldwide continue hopping on the NFT trend. Gamers are plying their trade on GameFi platforms and play-to-earn is riding the waves. Popular soccer clubs are issuing fan tokens and creating utilities for cryptocurrencies backed by their brand. Simply put, the…
@Dzoelx in September 2021
Are cross-chains really cheaper? You’re probably planning on ditching our beloved ethereum blockchain for one of the many cross chain platforms. To be fair, I wouldn’t blame you…not after paying $30 to have my transaction confirmed on UNISWAP! Despite efforts from developers to lower ethereum blockchain transaction fees, it is still relatively costly; even when compared to mainstream financial institutions. Well, that’s actually the least problem you’ll need to worry about…
United Fruit Company? El Salvador’s bitcoin bill might be more than just a financial move. El Salvador just announce the purchase of 150 more bitcoins, the central American country is waxing stronger in its efforts to cement bitcoin’s position in the national economy. With about seven hundred bitcoin in the bag, Nayib Bukele and his team are working toward a historic financial revolution. El Salvador’s Chivo wallet could process the transfer of a penny and charge as little…
China; yet again? Source https://blockchain.news/news/china-promotes-defi-ethereum-cctv-crypto-banned The market went awry again, just a few green candles to full recovery from the previous crash, we got hit with yet another FUD; this time around, a very common one. $100 billion wiped in a few minutes; the Chinese dynasty has once again banned cryptocurrency, declared cryptocurrency transactions ‘illegal’ and vowed to crackdown cryptocurrency…sorry, cryptocurrency exchanges,…
Will GameFi do better without Play-to-earn? What’s your biggest attraction towards GameFi projects? if we are being honest, play-to-earn will form majority of the answers…probably 100% of the answers. Axie infinity’s success quickly influenced an outpour of decentralized gaming projects with earning opportunity for gamers and investors alike. Binance smart chain’s ‘Cryptoblades’ posted astonishing price gains as users flocked the platform to play the game which rewards them…