In the past year, many people have been drawn into the Non-Fungible Token (NFT) collectibles, art, music, digital real estate, or digital fashion because they can relate to it. A lot more than with the start of bitcoin. However, a large part of the billions in trading is done only by a very small group, and NFT trading is anything but mainstream. The news about the … [Read more...] about Why NFTs can be Amazing, but Not Just Yet; 5 Challenges of NFTs
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5 Blockchain Technology Trends to Follow in 2022
Blockchain technology has been revolutionizing businesses and entire industries for over a decade. Given the vast number of use cases for the blockchain and the fact that it is being widely adopted in the private, civic, and governmental sectors nowadays, it's important that we stay on top of the latest trends in the sector. For one, it's important to keep in mind that the … [Read more...] about 5 Blockchain Technology Trends to Follow in 2022
Why Buying Million-Dollar Digital Real Estate Does Not Make Sense
Digital real estate is the hottest thing in town at the moment. Last year, the sales of digital land topped $500 million on the fourth biggest platforms, and there were multiple million-dollar digital real estate deals in, for example, Decentraland, Axie Infinity, or The Sandbox. With $85 million in sales in January this year, we can expect 2022 to be a record year for digital … [Read more...] about Why Buying Million-Dollar Digital Real Estate Does Not Make Sense
What is the Metaverse, and How Will It Change Society?
Any sufficiently advanced technology is indistinguishable from magic." - Arthur C Clarke, 1973 Now that we are at the dawn of the metaverse, this will become truer than ever before. Although the metaverse is currently only as far as the internet was at the end of the 1990s, in the coming years, thanks to the convergence of technologies, the metaverse will arrive at an … [Read more...] about What is the Metaverse, and How Will It Change Society?
A Quick Study of the Evolving Future of Blockchain Technology in 2022
According to Statista, in 2021, the global blockchain market crossed approximately $6.9 billion worth. In 2022, numbers are expected to cross a threshold of $11.54 billion by the end of the year. Within the last three years, the global blockchain market has expanded with a speed unmatched by any other technology. The value that we mentioned above is compared to the global … [Read more...] about A Quick Study of the Evolving Future of Blockchain Technology in 2022
