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CryptoPunks A succinct definition of CryptoPunks CryptoPunksLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCRYPTOPUNKSCopy linkShare on TwitterShare on FacebookShare on LinkedinCryptoPunksCryptoPunks is one of the oldest and most iconic non-fungible token (NFT) collections; each NFT in the collection represents ownership of a unique item that is different from the others and cannot be replaced with other tokens, unlike cryptocurrencies.Created by John Watkinson, Matt Hall, and …
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XRP A succinct definition of XRP XRPLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYXRPCopy linkShare on TwitterShare on FacebookShare on LinkedinXRPCreated by US-based technology company Ripple Labs Inc. (Ripple Labs), XRP is the native cryptocurrency of XRP Ledger (XRPL), an open-source, decentralised public blockchain. XRP and the XRP Ledger were launched in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto as an alternative to Bitcoin, with the goal of creating a digita…
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Metaverse A succinct definition of Metaverse MetaverseLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMETAVERSECopy linkShare on TwitterShare on FacebookShare on LinkedinMetaverseFirst coined by Neal Stephenson in 1992, the term ‘metaverse’ refers to the idea of a virtual world that mimics the real world. The first half of this compound, ‘meta’, means ‘beyond’, and the latter, ‘verse’, is short for ‘universe’. Together, it’s the idea of a 3D internet, where…
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Yield A succinct definition of Yield YieldLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYYIELDCopy linkShare on TwitterShare on FacebookShare on LinkedinYieldIn cryptocurrency, ‘yield’ refers to the return or profit generated from holding digital assets. There are several ways to earn yield in the crypto space, including lending, staking, and providing liquidity, amongst others.Some cryptocurrencies offer interest on holdings, similar to traditional savings accounts. Users …
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GameFi A succinct definition of GameFi GameFiLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYGAMEFICopy linkShare on TwitterShare on FacebookShare on LinkedinGameFiFirst coined in a 2020 tweet by Andre Cronje, the CEO of Yearn Finance, ‘GameFi’ combines the words ‘game’ and ‘finance’. It mixes blockchain technology, non-fungible tokens (NFTs), and game mechanics to create a virtual environment for players.Until recently, video games were housed on centralised servers…
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Solana Program Library A succinct definition of Solana Program Library Solana Program LibraryLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSOLANA PROGRAM LIBRARYCopy linkShare on TwitterShare on FacebookShare on LinkedinSolana Program LibraryThe Solana Program Library (SPL) is a collection of on-chain programmes (smart contracts) built specifically for the Solana blockchain. SPL provides standardised modules that simplify the creation and management of tokens, decentralised fi…
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What Is Web3? A Comprehensive Guide What is Web3 and how does it differ from Web2 and Web1? Here, we break down the history of the web and its vision of a decentralised future. What Is Web3? A Comprehensive GuideLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain17 Aug 2022|BEGINNERS|10 MIN READWhat Is Web3? A Comprehensive GuideWhat is Web3 and how does it differ from Web2 and Web1? Here, we break down the history of the web and its vision of a decentralised future. Ke…
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Apeing A succinct definition of Apeing ApeingLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYAPEINGCopy linkShare on TwitterShare on FacebookShare on LinkedinApeing‘Apeing’ refers to participating in a cryptocurrency project without performing due diligence or DYOR. This term became popular during the summer of 2020 (‘DeFi Summer’), when new and unannounced tokens were being launched at an extremely fast pace and many individuals felt they didn’t have time to do their …
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NFT A succinct definition of NFT NFTLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYNFTCopy linkShare on TwitterShare on FacebookShare on LinkedinNFTA non-fungible token (NFT) refers to an asset that has specific details and certain values related only to itself. Each NFT is unique, and no two NFTs are alike. Additionally, NFTs are not interchangeable with one another, unlike fungible tokens (i.e., one ETH can be exchanged with another ETH).NFTs encompass various industries, fro…
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What Is Web3? A Comprehensive Guide What is Web3 and how does it differ from Web2 and Web1? Here, we break down the history of the web and its vision of a decentralised future. What Is Web3? A Comprehensive GuideLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain17 Aug 2022|BEGINNERS|10 MIN READWhat Is Web3? A Comprehensive GuideWhat is Web3 and how does it differ from Web2 and Web1? Here, we break down the history of the web and its vision of a decentralised future. Ke…
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