After LUNA crashed, cryptocurrency is bound to go through a long bear period. As BTC and ETH plunge for days, the assets that crypto investors hold in their wallets rapidly depreciate. Many crypto users have had no choice but to remain inactive as they wait for the next bull. Meanwhile, veteran investors have already started…
The numerous ways cryptocurrency and Web3 have been beneficial to industries are sometimes underrepresented. Businesses, entrepreneurs, investors, and individuals are reaping the rewards of recent advancements in the Web3 space, and, not to be left out, the video and streaming industry is already starting to reap the benefits of its ongoing integration with Web3. With…
Latin America is currently dominating the world regarding integrating cryptocurrency into daily life. In 2021, the value of the South American crypto market exploded from $68 million to an incredible $650 million, a ten-fold increase. Such significant growth has attracted the attention of major global blockchain companies to the region. Known for its successful cases…
Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (KRW 3,5 billion) and did not sell a single share. As a result, Mr. Chang’s stake in Wemade reached 1.5%. Wemade shifted its…
The traditional model of communication networks is based on a centralized infrastructure where a single entity controls the entire network. This approach has several disadvantages, including vulnerabilities to attacks and information censorship. From a business standpoint, most enterprises rely on external entities for their communication infrastructure because of high construction and maintenance costs. However, this…
The digital realm has become an integral part of our daily lives. It has brought investments closer to the people, as they have become simpler and more accessible. Consequently, financial instruments such as stocks, bonds, mutual funds, and ETFs have undergone rapid digital transformation. The landscape has undergone an evolution with the advent of blockchain,…
GameFi isn’t a new concept, in fact, CryptoKitties was the first project to bring this concept to light in 2017. It is known for pioneering the play-to-earn gaming model, which is now the standard basis that all blockchain games follow. The model was a huge hit, bringing the game 1.5 million users and $40 million…
Polkadot, the sleeping giant of the cryptosphere, has just completed its most productive quarter to date. While industry eyes were focused on the carnage dominating its lending and venture capital sector, Polkadot developers quietly shipped hundreds of forkless upgrades across its Substrate-based chains, while the Web3 Foundation doled out dozens of grants. The multi-chain network…
The blockchain gaming industry is rapidly evolving and constantly innovating the mechanics of earnings. Half a year ago Play2Earn games required investments to play, and in order to take part in the competition, you had to be a token holder. Today, more and more companies are implementing Free2Play technology into their projects, allowing users to…
The first thing that comes to mind when thinking of Web3 might be the likes of NFTs, the metaverse or blockchain technology. Although all of these concepts do fall under the umbrella that is Web3, additional features such as credential data networks also fit into the picture, which play an integral part in the progression…