BLOG
BLOG
We believe in AI and every day we innovate to make it better than yesterday. We believe in helping others to benefit from the wonders of AI and also in extending a hand to guide them to step their journey to adapt with future.
Most NFT artists are bound to centralized entities like OpenSea and Twitter, where a person’s profile decides their popularity. DAOs are witnessing troubles such as Sybil resistance, often due to depending on social media profiles. We still depend on web2 solutions like social media and others that are not completely decentralized.
Even though the government is skeptical about cryptocurrency, it did not fail to realize the immense potential of the underlying technology, the blockchain. But the finance ministry openly revealed that it does not support private cryptocurrencies.
An organizational structure has always followed a hierarchy, with the power resting in the hands of a few. One attempt to introduce a democratic economy in the modern world was through the invention of decentralized technologies such as the blockchain, and thereby crypto that maintains complete autonomy. With the introduction of newer concepts such as the metaverse, decentralization is being continued thoroughly, and projects such as the Metaverse DAO is doing more than ensuring governance by every member in a metaverse.
Cryptocurrencies have made huge progress in a short time. But, despite the hopes, cryptocurrencies have not yet changed how we pay for things. One of the reasons is its extreme price volatility. Recently, crypto has inspired the biggest financial institutions, the central banks, to create digital currencies, the Central Bank Digital Currencies (CBDCs). With the help of blockchain technology, these currencies are poised to modernize retail payment systems. It also streamlines the connection between the public, corporations, and financial institutions.
A decentralized autonomous organization is a system without any central leadership. These organizations are transparent and community-centric and generally give their members the power to vote on proposals and updates, proportional to a member’s potential. Decisions are from the bottom-up, owned and managed by their members. DAOs are governed and organized by specific rules coded […]
INO is the short form of Initial Non-Fungible Token Offering. It was recently developed as a crowdfunding technique carried out through decentralized platforms. Non-fungible tokens are sold at the early stages of a project in limited amounts for a stipulated period. This sale raises money for further project development while bringing in committed investors for the NFT asset.
The internet culture is working rapidly to popularise the Metaverse, and no doubt that the recent hit of the Metaverse has created a ripple effect across industries. Metaverse has become the focal point for many businesses to increase their brand awareness and revenue. One pivotal way different industries can extend their territory to join the Metaverse is by creating a Metaverse Marketplace.
As crypto and blockchain grow, scalability is a popular word when discussing the future of the same. Blockchain has outgrown the crypto niche, and it is currently poised to revolutionize supply chains, fintech, real estate, and other industries. For blockchain to perform its best, it must overcome the limitations preventing people from choosing it. One […]
Over $230 million has been generated due to trading NBA Top Shots. Lebron James was solely responsible for a $200,000 Top Shot, with Zion Williamson catching up closely behind. The NBA proactively joined the sports NFTs bandwagon by introducing Top Shots, a trading card system developed by the National Basketball Association and Dapper Labs. Top […]
