GameFi is a play-to-earn platform for blockchain gamers. Red Kite is a popular launchpad in the PolkaFoundry ecosystem. Tokens representing any asset hosted on a decentralised exchange are known as initial DEX offerings (IDOs). Furthermore, it enables companies to engage their communities in an economy that enhances their goods and
This network, developed to allow developers to test out Polkadot. The inaugural Polkadot parachain auction will start on November 11th. You’ve undoubtedly heard of Polkadot (DOT). With a $50 billion market worth, it has quickly risen. It is now the eighth biggest cryptocurrency and continues to grow. The inaugural Polkadot
PlanB states that his algorithms predict a 700 percent surge in Bitcoin by early next year. The analyst expects the cryptocurrency to surpass all other assets. While central banks in Europe and the US look unwilling to hike interest rates, equities and cryptocurrencies are surging. However, market investors see low-interest
The non-fungible token (NFT) market has witnessed explosive growth over the past year or so. According to DAppRadar, the NFT ecosystem saw a rapid rise in Q3 2021 as sales volume surged past $10 billion, representing over 1000% increase in the past year alone. Additionally, the largest NFT marketplace OpenSea
Nearly 68 percent of all bitcoin ATMs, or over 20,300, are owned by the top ten. Genesis Coin manufactures almost 40% of all B-ATMs. Bitcoin ATMs are in high demand now. Since January, Bitcoin cash dispensers have risen. Their numbers have doubled from around 14000 to over 30000! Nearly 80
Polkadot finalizes it’s initiatives on parachain enablings. Further, the public has to decide the passing for the decision. Once passed, Polkadot will enable profuse parachain integrations and crowdloans too. The recent approach towards developments on technological aspects upon the blockchain ecosystem is the parachains. Developing new specific blockchains for specialized
The cryptocurrency ElonDoge DAO had the greatest increase in value. A total of 60% of tokens will be used for farming and staking. Cryptocurrencies have shown their worth and persuaded the general public that they will be around for a long time. Despite the constant volatility of the cryptocurrency market,
Cardano network released a new update of Hydra layer-2 Solution. The network is facing a massive surge in the transaction traffic. Cardano to give a hit breaking the current odds. Cardano is an open source, decentralized, and one of the top tier blockchain platforms in the industry. Through its native
Fall 2021 will go down in the history of NFT as the hottest, or rather fiery. Literally fiery! Blockchain and NFT are the most trending topics in the world of technology today, making them tidbits for new interesting projects. Let’s have a look at one of the NFT novelties of
To provide traceless privacy, high certainty, and frictionless compute, Automata Network delivers middleware services to Dapps on Ethereum and Polkadot. A $20 million Ecosystem Incentive Program was unveiled today by Automata Network. With the participation of industry leaders such as the Web3 Foundation Grant, Web 3.0 Bootcamp, and Berkeley Blockchain
