TradFi: What does it mean? Traditional Finance (TradFi) refers to the traditional financial system that has been in existence for decades. It is a framework where all the funds that customers provide are managed by a single, central authority. These involve insurance companies, banks, the stock market, and other regulated financial entities. In the world […]
What is crypto dusting? Crypto dusting refers to a small quantity of cryptocurrency that is sent to numerous wallet addresses, with intentions that can be either beneficial or harmful. Typically, dust is defined as an amount of cryptocurrency that is equal to or lower than the transaction fee. For example, Bitcoin has a dust limit […]
Crypto Gaming – What Does It Mean? Crypto gaming provides players with the opportunity to acquire cryptocurrencies or NFTs (Non-Fungible Tokens) through engaging in in-game tasks. Unlike conventional video games, these digital assets within the game, including items, virtual currencies, and characters, subsequently can be owned by the player as non-fungible tokens or cryptocurrencies. These […]
What is Web3? Web3 refers to the ongoing development of the third generation of the internet, wherein applications and websites possess the ability to process data in a smart and human-like manner using technologies like machine learning, artificial intelligence, decentralized ledger technology, big data, and more. From a technical standpoint, Web3 Technology can be defined […]
Fractionalized NFTs and their Functioning With the rising popularity of Fractionalized NFT collections, their floor prices also increase simultaneously making a barrier for crypto art enthusiasts and small investors to enter the NFT market. Most investors cannot afford to purchase these expensive NFTs. So, is there any other way for crypto art enthusiasts and small […]
Metaverse – What’s that? The metaverse development is a rapidly emerging digital realm, enriched with three-dimensional capabilities, which combines technologies, such as virtual reality, augmented reality, and cutting-edge internet and semiconductor technologies. The word “Metaverse” was formed by combining two distinct words, such as “meta”, which signifies transcending or surpassing, and “verse”, which signifies the […]
Can Blockchain Services Disrupt Global Finance? Blockchain services have the potential to disrupt global finance in radical new ways. Instead of substituting the already existing system, it forms an entirely new market and an avenue to bank the unbanked. Blockchain is forming new financial solutions that scale faster, are cheaper, more secure, and are accessible […]
How to Create Your AI-based Blockchain Platform Like ChainGPT Chat Generative Pre-Trained Transformer (ChatGPT) is a powerful AI bot capable of understanding human speech and producing in-depth human-like responses. You need to enter a question, and there you are with the answer. ChainGPT is an AI bot similar to ChatGPT but utilizes powerful Blockchain to […]
DeFi Growth and the Road Ahead Decentralized Finance (DeFi) is one of the most popular developments in the crypto-asset space, which recreates traditional financial systems in a decentralized, open, autonomous, and permissionless way. Despite a harsh bear market, DeFi has proven resilient and has been incredible to witness throughout 2022. The DeFi market saw the […]
