LiL Moon Rockets Evolves NFT Trend With Unique Smart Contract Distribution Model
The latest trend to take over the cryptocurrency world is an unprecedented convergence of digital assets and art, and other collectibles called NFTs. The popularity of NFTs has spilled into the mainstream, with Grimes earning $6 million on digital assets and Wu-Tang Clan set to release a legacy set with 36 ultra-rare tokens. However, an innovator in the space is releasing 13337 art pieces via a unique, smart contract-based “reveal” sale that encourages fair availability […]
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For the last few months, I have been grappling with a gut feeling that somehow Ethereum’s smart contract-based distributed application (dapp) model has a different dynamic to that of hardwired protocols like bitcoin or Ripple. This week that feeling has crystalized into a semi-coherent thought. Hardwired protocols do not have a separation of concern between the protocol and business logic. The same set of protocol designers, software developers and miners control how the emergent distributed autonomous organisation (DAO) functions. It’s different for dapps – there is a clear separation of....
Non-Fungible Tokens (NFTs) are the latest class of assets in the crypto world. These tokens share almost all the inherent characteristics of a cryptocurrency except for fungibility, meaning each NFT is distinct from another. Due to their unique nature, NFTs are gaining prominence as assets with virtually unlimited value and are considered the next big […]
Solidity and EVM make smart contracts available to every developer out there, regardless of experience. This is a good way to boost innovation in the smart contract space, but may not yield the best results in the initial stages. The recent debacle surrounding The DAO has shed an interesting spotlight on smart contract technology. Since individual developers wrote the entire concept of this project, it looks like smart contracts are not completely trustless. There is still a lot of work to be done before this technology is ready for mainstream adoption. Not everyone is capable of – or....
Smart Contract Oracle Solutions: the New Herald of Crypto Fundraising With smart contracts and DeFi gaining traction in droves, and the numbers of new entrants into the ecosystem growing, the smart contract revolution appears to be kicking into gear this year. Recent fundraising successes that bucked the trend of failing token sales in recent years suggest that investors are now looking to projects that seek the remaining piece of the puzzle in functional smart contracts. […]
In 2021, many smart contract platforms competed for users’ attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to […]