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 […]
The smoke from the NFT marketplace left last year, can be seen picking fire in mid-2022. As we all know, the Non-Fungible Tokens started cooling down in May 2021 after the big explosion in March 2021. Only 19.4 million USD in NFT was sold in the last week of May 2021 compared to 170 million […]
Introduction The metaverse is a virtual space created by the convergence of virtually enhanced physical environments, including the use of avatars, text chat, and multimedia. The metaverse is also commonly referred to as cyberspace, Neville, or Cyberia. While some people consider the metaverse to be a purely fictional environment used in science fiction stories and […]
Crypto art includes all artistic manifestations on Web3 that require crypto to be purchased. Usually, they manifest as NFTs and require an NFT marketplace and a crypto wallet to be bought. If you’re starting as a crypto artist and want to stand out, you might be wondering, what’s the best NFT platform for selling crypto […]
