The rise of NFTs must be accompanied by further decentralization

The rise of NFTs must be accompanied by further decentralization

NFTs are useful for a wide range of everyday payment/transaction purposes — but first, there needs to be more decentralization. The rise of the nonfungible token (NFT) has been a sight to behold, with the market seemingly garnering an increased amount of mainstream traction with each passing day. To put things into perspective as to how big this space has actually become, conservative estimates suggest that the amount of money that has entered into this fast-evolving sector currently totals above $500 million.Another way to gauge the impact that NFTs have had on the global economy is by....


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Mainstream NFT adoption will be driven mostly by their utility

Hype may have been a factor in the rise of NFTs, but the actual utility will be the catalyst for the mainstream adoption of the technology. Nonfungible tokens (NFTs) have seen a stratospheric surge in popularity accompanied by sky-high values, giving rise to legitimate and ongoing worries about a market bubble, as many projects lacked real-world application or utility.NFT utility is an essential component because it adds value and functionality to the technology. One of the most well-known use cases for NFTs is the ownership of digital art pieces like CryptoPunks. Play-to-earn (P2E) gaming....

StackOS Announces Innovative Node NFT Program With High Rewards

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Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted

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Citizenships Are Now Up For Sale As NFTs On Marketplace

With the rise in non-fungible tokens (NFTs) popularity, the space has seen the sale of some interesting things and pieces on the blockchain. In Feb. 2022, an artist blew up a Lamborghini Huracan and sold the charred remains as NFTs. British artist Damien Hirst burned hundreds of physical artworks after selling them as NFTs on […]

The Swappery Cross-Chain DEX Launches Utilizing Casper Blockchain

PRESS RELEASE. With the unprecedented global rise of decentralization and emerging technologies like NFTs, blockchain and the metaverse, it makes sense that many companies would want to ensure that they are ready for the seemingly inevitable transition to Web3. As such, ‘The Swappery’ has recently announced its highly-anticipated decentralized exchange (DEX) launch on the Casper Network. The DEX was launched on Binance Smart Chain (BSC) back in March 2021 and is currently live on the Casper Blockchain mainnet. With this, The Swappery has officially become the....