Tag: built on ethereum

Sep 28 2021

CryptoBots – An Overview Of The First Play to Earn NFT

NFT archaeology is an exciting quest to find the first in different categories. And it appears that we have another contender. Before, CryptoFighters was considered to be the first Play to Earn a game, it’s contract deployed on 22 Jan, 2018. However, we have now established there was something even earlier - beating the earlier record by 24 days. Enter CryptoBots -...

Sep 23 2021

Ethereum NFTs 2016/2017 – A Report On The Recent Findings

Non Fungible Tokens or NFTs have recently became popular and the NFT archaeologist are rediscovering the old projects again. There has been a gold rush of old and historical NFTs on different blockchains mainly Ethereum lately. However, just when we think that we had discovered them all, we come across a few more. We have presented the top 5 historical NFTs list on...

Sep 20 2021

Arbitrum Overtakes The Lightning Network By 23X Crossing $2.6B TVL In 3 Weeks

Arbitrum mainnet beta was launched on the Ethereum network on Sep 01 and there's astonishing progress on that front. As of Sep 21, the Ethereum scaling solution has crossed a Total Value Locked (TVL) figure of $2.6 billion in a short period of three weeks, overtaking it's Bitcoin based counterpart the Lightning Network by 23X. In comparison against Arbitrum, Lightning...

Sep 16 2021

OpenSea Decentralized Alternative – NFTX Announces NFT Marketplace

OpenSea is the most popular NFT marketplace currently, raking in billions in volume over the last month and benefiting extensively from the current NFT mania, seeing interest from both retail and institutional investors. However, it’s not without it’s problems and user interest is rising for a decentralized NFT marketplace, which can act as an alternative to...

Sep 14 2021

Sign In With Ethereum – The Unified Login Interface For Web3?

Spruce - an open source digital decentralized identity solutions provider announced on Sep 13 that it’s proposal submitted to the Ethereum Name Service (ENS) for working on a standard “Sign In with Ethereum” has been accepted and the company will now proceed to work on this new login interface for Web3. The company announced that it has “already begun delivery on the best...

Sep 06 2021

Loot Project – Anatomy Of A Metaverse Chapter

If you were to open OpenSea right now and check the Top NFTs by 7 days, you would find a strange project. It has a trading volume of over 55,000 ETH or in normie terms $217M, around 7800 items, a very respectable floor price and around 2,600 owners (counted by individual addresses holding). The...

Sep 03 2021

Coinbase Would Soon Integrate Ethereum Scaling Solutions

Coinbase team recently published a blog post titled Coinbase Protocol Team Advances Crypto Community and announced that they would be integrating the Ethereum L2 scaling solutions soon on Aug 27. Ethereum scaling efforts have been...

BlockMark Gems – A Review Of The First Gems NFTs On The Blockchain

NFT archaeology just keeps digging up new projects, previously forgotten and lost in the not so old but rich blockchain history. It also means that we keep finding out the “firsts” in every NFT sub-genre. In this article, we are going to discuss the first gems NFTs on the blockchain (highly likely). Meet BlockMark Gems on the Ethereum blockchain....

Arbitrum One Beta Publicly Launches To Bolster Ethereum Scaling

In a major development for Ethereum scaling, Arbitrum One has launched it’s beta product on the Ethereum mainnet on Sep 01. The Ethereum blockchain has gotten congested lately and the launch will bring a much needed relief to the DApps users. Arbitrum One has long had interest from major developers on Ethereum and several have already migrated their products onto the L2...

Aug 27 2021

Curio Cards – An Indepth Review Of The Oldest Ethereum Art Collection

Before there were CryptoPunks, there were Curio Cards. The first historical art collection on Ethereum (second only to Etheria digital real estate project) has seen resurgence after NFT collectors turned their attention to historical on-chain art. They are a collection of 30 collectible cards with variable supply, which have different meanings and of course a...

Budwesier Acquires Beer.eth ENS For 60 ETH As NFT Mania Rises

Premium beer maker Budweiser is the latest to hop on the NFT mania train after purchasing beer.eth ENS for 60 ETH (approx $94,000+). They have also acquired “Life of the Party” of Tom Sachs Rocket Factory for 8 ETH (approx $25,000+) featuring the work of American...

Aug 24 2021

Curio Cards NFT Complete Set Is Coming To Christie’s Auction!

Curio Cards - the first known NFT art collection on the Ethereum blockchain is finally coming to Christie's auction as the "NFT Guy at Christie's" Noah Davis announced that the complete card set auction is going to be held on Oct 01. This will be the third iconic collection to be featured at a Christie's auction after Beeple and CryptoPunks. Christie's is a...

Aug 23 2021

Visa Acquires CryptoPunk# 7610 In Historic NFT Deal

Global payment processor Visa reported that it has acquired the CryptoPunk # 7610 - a female punk to add to it's historical collection on Aug 23. The addition cements the mainstream adoption of NFTs as a commerce tool and Ethereum as the base NFT...

Aug 20 2021

Ethereum Scaling: Polygon Adds To It’s Full Stack Scaling

Polygon is moving past it’s Plasma solution and the leading Ethereum scaling solution announced on Aug 13 that it has acquired Hermez by allocating $250M in MATIC tokens. This acquisition will add to the Polygon full stack Ethereum scaling strategy, which means that Polygon will employ multiple techniques to reduce tx confirmation times and tx fees. Hermez is an Ethereum...

Aug 18 2021

1inch Joins The Ethereum L2 Through Optimism Onboarding

The Ethereum Layer 2 season is underway as major scaling solutions are being deployed and core DeFi protocols are trying to onboard them in a bid to scale the Ethereum blockchain and provide low cost / fast processing txs. The latest to join the party is the liquidity aggregator 1inch as the leading decentralized exchange...

Aug 16 2021

Ethereum Staking: Hardware Wallet Ledger Joins

Ledger - the maker of popular hardware wallet Nano series announced on Aug 13 that it now supports Ethereum staking though Lido Finance. It allows the hardware wallet owners a unique...

Aug 14 2021

Circle USDC Begins Paperwork To Become Digital Currency Bank

Circle announced that it has started the paperwork to become approved as a federally chartered digital currency bank after seeking a merger with Concord Acquisition Corp on Aug 09. According to the official blog, the well known USDC stable coin issuer has it’s eyes set on a full-reserve national...

Aug 11 2021

ETH Burning Is 3 ETH+ / Sec Now, What Happens Post Merge?

The ETH burning EIP1559 part of London hard-fork was deployed on the Ethereum mainnet on Aug 05. It makes the Ethereum supply dis-inflationary (reduces rate of inflation by offsetting new issuance through ETH burning) for now and will make it deflationary (net issuance becoming lesser than the supply being burned)...

Aug 05 2021

Ether Burning EIP1559 To Go Live Soon, Where Can You Watch The ETH Burn?

The highly anticipated Ether (ETH) burning EIP1559 upgrade containing London hard-fork is ready to go live on the Ethereum mainnet in a couple of hours, you can check the countdown here. It's the biggest upgrade planned for the base layer before the Merge - the shift from...

OpenSea Crosses $1 Billion Trading Volume In The NFT Mania!

There's good news for OpenSea - the leading NFT marketplace built on Ethereum as it has benefited the most from the recent NFT mania. According to crypto analytics and aggregator Messari, OpenSea has facilitated more than $1.02 billion in trading volume in this year - a new...

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