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…Thousands of applications, tokens, games, non-fungible tokens (NFTs), developer tools, and even other cryptocurrencies operate on Ethereum. The platform’s native cryptocurrency, Ether (ETH), is used to secure the network and pay for transaction fees (gas). It also serves as a key asset within the Ethereum-based financial ecosystem. Ethereum’s Blockchain Network and Smart Contracts Ethereum operates through a decentralised distributed ledger that records all transactions and smart contract in…
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…In the past, non-fungible tokens (NFTs), decentralised finance (DeFi), and GameFi have been successful narratives. As blockchain technology advances, new narratives also emerge: Currently, DePIN and infrastructure are two other token categories garnering a lot of attention. Decentralised Physical Infrastructure Networks (DePINs) provide a novel approach to develop and maintain real-world infrastructure through the use of blockchain technology and tokenised economic incentives. Infrastructure cry…
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…SAND is +0.00% in the last 24 hours.SAND has a circulating supply of 2.55 B SAND and a max supply of 3 B SAND.What is The SandboxThe Sandbox is a play-to-earn blockchain game that enables users to develop a virtual environment using non-fungible tokens (NFTs) on the Ethereum blockchain. Players may construct their avatars to access the numerous games, locations, and centres on The Sandbox metaverse. Think of it as the DeFi version of Minecraft on the blockchain.Sandbox (SAND) is the native token…
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…New innovations gave way to the rise of DeFi and non-fungible tokens (NFTs), and retail clients were dipping their toes in altcoins. The confidence in crypto markets increased again, but relatively decreased for Bitcoin. This resulted in Bitcoin gradually losing more of its market share to altcoins, and its dominance has remained under 40% since (at the time of writing). What Happens When BTC Dominance Goes Up? BTC dominance is one of the data sources that feeds into the crypto Fear and Greed In…
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…Solana’s infrastructure allows for processing thousands of transactions per second, making it suitable for high-performance applications and projects. Learn more about Solana here. Cronos (CRO) CRO is the native cryptocurrency of Cronos, a blockchain network designed to support DeFi, non-fungible tokens (NFTs), and the Metaverse. Cronos aims to provide a scalable and user-friendly environment for developers and users to interact with various dapps. With interoperability features and a focus on…
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…Decentralised social networks aim to enable content creators to engage with audiences in a peer-to-peer (P2P) manner and have the final say on their content without fear of being censored or de-platformed. For instance, non-fungible tokens (NFTs) already provide creators with better and more equitable compensation by allowing them to directly profit from their work through built-in royalties. Cryptocurrency will play a huge role in Web3, with tokens acting as a financial incentive for users to…
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…This model encourages meaningful digital ownership while reducing the speculative risks often associated with non-fungible tokens. ENJ has multiple functions within the Enjin ecosystem. It can be locked into NFTs to give them value, used as a medium of exchange in Enjin-powered marketplaces, and integrated into gaming economies to represent items, currencies, or rewards. Developers benefit from powerful tools and SDKs that make it easy to integrate ENJ-backed assets into their products. The pric…
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…These include non-fungible tokens (NFTs).Digital assets can also include datasets, intellectual property rights, copyrights, and other digital creations that hold value. The key characteristic of digital assets is that they are stored and managed digitally, often using blockchain technology for security, transparency, and decentralised control.Key TakeawayA digital asset is any form of electronic data that has economic value, including cryptocurrencies, tokens, securities, art and collectibles, …
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…Below are some of the most popular ones in 2023: Uniswap is one of the largest decentralised crypto protocols that allows users to swap, earn, and build upon the dapp. OpenSea is a decentralised marketplace dapp for trading, buying, and selling non-fungible tokens (NFTs). Compound is a dapp that allows users to borrow, lend, and earn interest on cryptocurrencies. Check out Crypto.com Onchain, which offers users access to dozens of dapps all in one place. The Future of Dapps and Their Potential I…
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…Decentralised social networks aim to enable content creators to engage with audiences in a peer-to-peer (P2P) manner and have the final say on their content without fear of being censored or de-platformed. For instance, non-fungible tokens (NFTs) already provide creators with better and more equitable compensation by allowing them to directly profit from their work through built-in royalties. Cryptocurrency will play a huge role in Web3, with tokens acting as a financial incentive for users to…
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