Axie Infinity showed the gaming industry just a sliver of what blockchain-based gaming can achieve, and the industry is set to explode in the near future. Anyone who hasn’t been living under a rock is probably aware that the gaming industry has been on an absolute tear. It’s one of the industries that has benefited from the COVID-19 pandemic in a big way.  That said, the average investor might not be aware of the following growth figures: The global gaming market is currently worth $180 billion — […]

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Think of how essential the internet is to everyday life now — that’s what the Metaverse could become in a lot less time than the internet did. Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality. Numerous other sci-fi authors, such as Ian M Banks, have […]

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Even as Bitcoin consolidates, DOT, LUNA, AVAX and EGLD may continue their upward journey. Bitcoin’s (BTC) dominance has dropped from about 48% on Oct. 20 to 42.3% on Nov. 7 while the total crypto market capitalization has continued its northward journey. This indicates that the price action has shifted from Bitcoin to altcoins. CryptoQuant CEO Ki Young Ju said that Bitcoin whales are selling but this has not resulted in the breach of the strong support at $60,000. He also pointed out that Bitcoin reserves across exchanges […]

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Memecoins and dog-themed tokens are gaining more popularity and traction as the long-term upside seems very limited amid the flooded market. Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started rallying on Oct. 23 from trading $0.000028 to hitting an all-time […]

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A simple guide to explain what a directed acyclic graph (DAG) is in cryptocurrencies, how it is used and how it works. DAG vs. Blockchain Blockchains and DAGs both record transactions on a distributed ledger, albeit through different means.  Below is a quick comparison of the two in terms of benefits and drawbacks: Pros of DAG Suited for microtransactions and high volumes of transactions Eliminates the need for mining equipment Fees may be reduced significantly Lower energy consumption Cons of DAG Vulnerable to attacks due to low […]

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For consumers or publishers of AAA games, transacting on a fee-based blockchain would simply be far too costly to bear. Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public are the very same things that ultimately degrade the performance of the […]

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With just hours to go, the results of a survey Musk says he will “abide by” demand that he sell 10% of his TSLA holdings. Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter tells Musk to sell $TSLA U.S. Treasury […]

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