dApp industry has been showing significant signs of growth in different sectors, such as DeFi, GameFi, and the NFT marketplace. Each sector has different and unique dApp components to achieve high reliability, security, and privacy. The following blog provides a brief about how these dApps are distinguishable from each other. What is dApp? Decentralized applications […]
NFTs have all eyes set upon them for a good reason. NFTs took the world by storm in 2021 for their unique way of interacting with digital content and assets. There are several trends and advancements to be on the lookout for as we anticipate the future of NFTs in 2023. For creating a successful […]
What is an NFT? NFTs, or non-fungible tokens, are a type of digital asset that represents ownership of a unique piece of digital content, such as artwork, music, or video. Unlike fungible tokens such as cryptocurrencies, which are interchangeable and have the same value, each NFT is unique and has its own distinct value. NFTs […]
What is Token Gating? Token gating is a verification method utilized to restrict access to certain services, websites, and applications depending on the ownership of the token. Here, token gating refers explicitly to ownership of NFTs or tokens. Token gating is the next evolution for gating a community or physical/virtual experience. It is a way […]
What is an NFT? A Non-Fungible Token (NFT) is referred to as the non-interchangeable unit of information that is stored over the blockchain. NFT is stored in the form of a digital ledger, which can be traded and sold. Unlike cryptocurrencies, cryptographic tokens are non-fungible which makes them irreplaceable. For instance, the Bitcoin is a […]
Non-Fungible Tokens (NFT) are the financial security comprising digital information stored in the blockchain over the distributed ledger. The ownership of the NFT is secured in the blockchain and could be transported by the owner, enabling NFTs to be traded and purchased. The NFT marketplace facilitates the users to trade all kinds of digital artwork […]
Yes, the NFT Marketplace development has been evolving in every possible sector, and recently, it has entered the patent space by taking over the world of Art and Technology. With this evolution, the opportunities and challenges pertaining to patent law have also been highlighted. The patent enables the NFT owner to licence the technology they […]
Currently, the NFT marketplace is overflowing with a large number of creators, collectors, and investors. With this much amount of money flowing through, how can’t it be the hot target of hackers? Recently, it was reported that OpenSea, the biggest NFT marketplace, was compromised by attackers in May 2022. The hackers probably hacked one of […]
As the NFT marketplace is growing at an exponential rate, it is common to see new vulnerabilities emerging every day. The NFT marketplace is an online platform where people sell their digital assets. One of the common scam practices that are popular in the NFT marketplace is Wash Trading. Wash Trading is the repeated buying […]
