Blockchain

Is It Time to Dump Your IRL Boyfriend for a Metaverse One? Find Out

Alinda Gupta February 10, 2022

If the idea of a first date in real life makes you want to curl up in a corner and call it a day, perhaps it’s time to take your dates into a parallel universe: the metaverse.

Imagine this: you’ve got a date (you rock star!). But instead of finding the right outfit, texting your friends about what a terrible idea this is and feeling nauseous, you are chilling in your sweats. No, really.

Why Are Gas Fees So High and How Can You Avoid Them?

Alinda Gupta February 9, 2022

Lo and behold, cryptocurrency has—more or less—entered the mainstream. Whether you want to trade non-fungible tokens (NFTs) or order food, you can pay in cryptocurrency. However, paying using cryptocurrency is not so straightforward. When making a transaction on the Ethereum blockchain, users are required to pay gas fees.

What Are the Different Kinds of “Realities”?

Kamya Pandey February 8, 2022

As we get closer and closer to the future of the internet (a.k.a. Web 3.0), the “realities”, besides the one we are used to, are becoming more commonplace. Be it the Nth floor of Accenture or virtual property tours, the different kinds of “realities” can help businesses thrive.

The Sandbox Is the “LAND” of Possibilities, Harvey Tsoi Reveals How

Alinda Gupta February 7, 2022

On January 13, 2022, virtual metaverse and mobile game The Sandbox hosted a Mega City LAND sale. Managing Director of Greater China at The Sandbox, Harvey Tsoi, discloses with no air of surprise, “The land was sold within seconds.” And why wouldn’t it be when there’s an opportunity to live next door, at least virtually, to your favorite celebrities, like Snoop Dogg, the Smurfs, The Walking Dead and more? Besides renowned creators, The Sandbox also brings entrepreneurs closer to better business opportunities.

How to Find Out If a Cryptocurrency Is Undervalued

Kamya Pandey February 3, 2022

As of December 2021, the global crypto market capitalization reached US$2 trillion. While this US$2 trillion market has made many billionaires, not all of us have been lucky enough to cash in on the crypto boom.

You Either Love Them or Hate Them: Why Are Opinions on NFTs So Divided?

Tanvi Dayal February 1, 2022

If you’ve been aimlessly scrolling through popular internet forums, like Twitter or Reddit, chances are you’ve stumbled upon the frequent and heated debates surrounding non-fungible tokens (NFTs). These debates, typically, question whether NFTs are the best thing to happen to the online art community or the beginnings of an environmentally-detrimental hellscape.

Why Is Bitcoin Price So Volatile and Will It Ever Be Stable?

Alinda Gupta February 1, 2022

It has been 13 years since the cryptocurrency token Bitcoin was introduced to the world, and it is as volatile as ever. Last year alone, Bitcoin saw tremendous losses that its price plunged 30 percent at one point, along with incredible gains reaching up to 60 percent. The coin reached an all-time high of US$68,000 in November 2021, but its price fell to US$33,000 come January 27, 2022.

Harassment on the Metaverse

Kamya Pandey January 31, 2022

On December 1, 2021, Meta (formerly Facebook) revealed that a beta tester for their virtual reality (VR) platform, Horizon Worlds, was virtually groped. The incident took place on November 26, and the beta tester who was harassed has spoken out about the intensity of being harassed in the metaverse.

5 Profitable Crypto to Mine in 2022

Alinda Gupta January 31, 2022

The internet abounds with tales of cryptocurrency turning people into millionaires. With over 8,000 cryptocurrency tokens in circulation, it is natural to want to figure out a way to get in on the action. Today, there are three ways to get cryptocurrency: invest, earn or mine.

Are DAOs the Future of Work and Startups?

Alinda Gupta January 27, 2022

In August 2021, India-based blockchain startup Polygon decided to build the country’s first decentralized autonomous organization (DAO)—an organization run by its members, without any leader, on a blockchain. With the DAO, the startup aims to give users decision-making power to influence and even map out the startup’s future.

Why Is OpenSea Worth US$13 Billion?

Sophie M January 27, 2022

Online non-fungible token (NFT) marketplace OpenSea is now worth US$13 billion, following a new investment of US$300 million in a Series C finance round led by hedge fund sponsors Paradigm and Coatue. Half a year ago, OpenSea was only valued at US$1.5 billion.

Why Is the IMF Concerned about Cryptocurrency?

Kamya Pandey January 26, 2022

With the crypto market hitting US$3 trillion as of November 2021, it is almost impossible not to believe that we are amid a crypto boom. While investors and miners might be excited about the rising interest in crypto, there are some who do not see this as a positive step.

How Do Crypto Liquidity Pools Work?

Alinda Gupta January 26, 2022

Be it for startups launching Initial DEX Offerings (IDOs) on decentralized exchanges (DEX) or cryptocurrency traders—liquidity pools have become indispensable. Liquidity pools are the virtual places where trading happens and companies make money. Before understanding their mechanism, let’s take a look at what they are.

Why Some Cryptobros Are Not Happy with the Kazakhstan Protests

Sophie M January 25, 2022

At least 15% of the world’s Bitcoin miners went offline on January 5, 2022, resulting in a drop to below US$43,000 per coin for the first time since September 2021.

How Is Hashgraph Different from Blockchain

Alinda Gupta January 25, 2022

Since it first came into existence, blockchain has commanded a lot of attention. More than anything, it’s the revolutionary nature of blockchain that has caught the attention of people in all different fields. From tech to business, everyone is trying to figure out how they can use blockchain to their advantage.

Does Crypto Have Hidden Fees?

Kamya Pandey January 23, 2022

Making money through crypto doesn’t seem that hard, right? All you have to do is invest and sell when you can make a decent profit out of it. But it’s actually not all that simple. There are several hidden fees that go into every single transaction that you make.