Tag: nfts

Oct 21 2020

Hold ETH or Buy NFTs? Understanding Impermanent NFT Loss

Oct 21 2020 Published at Blockonomi under tags  eth ethereum impermanent loss nft nfts

"Media lego" non-fungible tokens have surged in popularity in the Ethereum community this year, and among the NFT economy's various sectors the digital fine art arena has been an early star. Why's that? Because NFTs give artists new programmable revenue avenues, and early innovators have taken notice. NFTs can have royalties automatically caked in, so [...] The post Hold ETH or Buy NFTs?...

Oct 19 2020

VIDT Datalink NFTs Live on Binance Smart Chain

In a bid to build trust among transacting partners in the blockchain and crypto sphere, popular blockchain-based data validation platform VIDT has recently launched its NFTs on Binance Smart Chain. With fraud and other forms of manipulation a major issue in the blockchain and crypto ecosystem, the importance of trust cannot be over-emphasized. This is where VIDT Datalink Validation Service comes in. The...

Oct 18 2020

VIDT Datalink Enters the World of NFTs

We’ve had ICOs, IEOs, DeFi, and now NFTs have become the new buzzword in the blockchain space. What are NFTs (non-fungible tokens) and how is it that they are opening up a door to the most incredible value proposition where all kinds of assets can be digitized and tokenized in order to prove ownership and be traded with ease?...

Oct 13 2020

Google, Ubisoft & Microsoft Swell the Ranks of the Maiden NFT Awards Judges Panel

Oct 13 2020 Published at Blockonomi under tags  defi ethereum gaming nft nfts

The first edition of the annual NFT (non-fungible token) Awards is set to have a stellar cast of judges high-ranking members of Ubisoft and Microsoft joining the panel. The award ceremony is yet another pointer to the growing popularity of NFTs especially within the emerging collaborations between the gaming industry and the blockchain space. With [...] The post Google, Ubisoft & Microsoft Swell...

Oct 12 2020

IBM, VIDT Datalink Integrate Corona Safety Indicator Sensors

IBM, VIDT Datalink, and other project partners are excited to announce the use of a Corona Safety Indicator sensor which will help to identify poorly ventilated spaces where Covid-19 can thrive. These sensors will be integrated into their much-anticipated Internet of Environments project roll-out. This indicator, manufactured by Factory Lab, will greatly help in the battle against Covid-19 by measuring the air quality...

Oct 10 2020

Ethereum’s top 5 NFT Marketplaces Exceed $1M in Daily Volume

In summary: The top 5 NFT marketplaces on Ethereum have surpassed a 24-hour trade volume of $1 Million Such a high trade volume was usually reached after a week of NFT trading NFTs (Non-Fungible Tokens) are gaining popularity in an era of digital ownership As Bitcoin and Ethereum continue on their bullish climb towards $11k and $400 respectively, another industry in the name...

Sep 28 2020

Inside Aavegotchi: The Project Melding DeFi & NFTs Atop Ethereum

Sep 28 2020 Published at Blockonomi under tags  aave aavegotchi defi ethereum guides

Currently the second-largest project in decentralized finance, lending and borrowing protocol Aave has been one of the DeFi ecosystem's fastest risers and biggest stars in 2020. That this is the case isn't surprising, either: the Aave team has developed and delivered innovations at a rapid pace this year, e.g. interest-bearing aTokens like aLINK, flash loans, [...] The post Inside Aavegotchi: The Project Melding...

Sep 23 2020

NFTs Hit the Limelight in the Cryptoeconomy This Week

Sep 23 2020 Published at Blockonomi under tags  nft. nfts nfts

Non-fungible tokens are tokenized media (think art, videos, and beyond) that trade atop blockchains like Ethereum, namely in NFT marketplaces like OpenSea and Rarible. These special tokens provide provenance and ownership around digital assets to an extent that's never been possible before. This year, Ethereum's decentralized finance (DeFi) sector has rapidly heated up, yet in [...] The post NFTs Hit the Limelight in...

Sep 18 2020

Simplex Debuts Fiat On-Ramp for Blockchain Game Townstar

Sep 18 2020 Published at Blockonomi under tags  bitrue blockchain gaming gaming nft nfts

Fiat on-ramp service Simplex has partnered with crypto exchange platform Bitrue to enable GALA token trading. GALA is the native token of the Gala Games environment. Blockchain technology continues to see increased utilization in the gaming industry with the novel tech providing a robust base layer for monetizing in-game assets. Developers are also able to [...] The post Simplex Debuts Fiat On-Ramp for...

Sep 17 2020

Complete Guide to NFTs: How to Create & Collect the Next Wave of Digital Assets

Ethereum has been the star of the cryptoeconomy in 2020 thanks to the breakout success of the smart contract platform's rising sectors, e.g. decentralized finance. Beyond DeFi, non-fungible tokens (NFTs) have given life to another one of Ethereum's most promising, though comparatively lesser known, arenas. Notably, the supermajority of NFT activity to date has taken [...] The post Complete Guide to NFTs: How...

Sep 14 2020

Inside Rarible: The Red-Hot Ethereum NFT Marketplace

Sep 14 2020 Published at Blockonomi under tags  eth ethereum nft nfts rarible

Right now, one of the hottest scenes around Ethereum behind DeFi is the NFT sector. NFTs, for non-fungible tokens, are specially designed so as to be ideal digital collectibles, gaming pieces, and beyond. Accordingly, some of the most promising projects in the NFT arena lately have been NFT marketplaces. One of those marketplaces has been [...] The post Inside Rarible: The Red-Hot Ethereum...

Sep 09 2020

New Binance LAND Buyup: Blockchain Gaming Hits Cryptoeconomy Primetime

Sep 09 2020 Published at Blockonomi under tags  ethereum gaming nfts

This week, crypto exchange giant Binance announced it was buying 4,012 parcels of LAND, non-fungible tokens (NFTs) that represent digital real estate in The Sandbox, a virtual world and decentralized gaming project built on Ethereum. The move, which has no precedent in the cryptoeconomy, comes on the heels of Binance Launchpad facilitating a $3 million [...] The post New Binance LAND Buyup: Blockchain...

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