The world is changing and the digital space is growing faster than ever. Technology has given us the tools to share ideas, build business and communicate with anyone, anywhere. It has allowed people to achieve success and fame while they create communities. On the other hand, greed is always a factor and some have used…
“Non-fungible” basically indicates it’s one-of-a-kind and can’t be substituted with anything else. A bitcoin, for example, is fungible, meaning you can exchange one for another and get precisely the identical thing. A one-of-a-kind trade card, on the other hand, cannot be duplicated. You’d get something altogether different if you swapped it for a different card.
Cryptocurrency, often known as crypto-currency or crypto, is any type of digital or virtual currency that uses encryption to safeguard transactions. Cryptocurrencies operate without a central issuing or regulating authority, instead relying on a decentralized system to track transactions and create new units. Cryptocurrency is a digital payment mechanism that does not rely on banks…
The Metaverse and Web3 are two emerging trends that are expected to transform the digital world. Elon Musk, the world’s richest billionaire, isn’t a fan of either. In a recent interview, Musk dismissed Web3 — a nebulous notion in which internet services are rebuilt around blockchain and cryptocurrencies — as “more marketing than reality,” adding,…