Marsis: Creating New Frontiers in NFTs Space
Blockchain technology, the underlying infrastructure enabling crypto transactions is constantly evolving. Form being a simple ledger recording all transactions, it has grown to create alternatives to the traditional financial industry. The latest developments in blockchain space currently revolve around NFTs – Non-Fungible Tokens and Decentralized Finance (DeFi). While these two are different applications of DLT […]
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Decentralized Finances (DeFi) set fire to a revolution in the heart of the financial system. After a boom in the summer of 2020, many have acknowledged its potential. The sector’s $64 billion in total value locked (TVL) is compelling proof. The emergence of Non-Fungible Tokens (NFTs) sparked a second fire. Now, it seems imminent that […]
Whether it be celebrities, big brands or corporations, more eyes will come to the NFT space, leading it to mass adoption. It is no secret that nonfungible tokens (NFTs) are still a niche subject. Despite their rapid surge in popularity during 2021, there is still a significant percentage of people who do not know what an NFT is. Reflecting on the graph below, it is evident that a lot of work needs to be done for NFTs to truly hit the mainstream.However, it is clear from recent months that there is potential for this to happen, and there have been many signs of awareness and adoption which....
As more people familiarize themselves with NFTs and what they are, more artists have come on board. According to IntoTheBlock, there are more than 80,000 NFT collections, and this massive growth is not expected to stop anytime soon. NFTs started out as a form of digital art mainly used for entertainment purposes, but this has been changing. Now, utility NFTs are taking over the space as they offer privileges, rights, or rewards to holders. That being said, Jeremy Ryan, also known as NFT Demon, has become the biggest NFT artist on the BNB Chain in terms of minted NFTs, collections created,....
A few years ago, if someone asked you the monetary value of an internet meme or Jack Dorsey’s first tweet, you’d have found it strange. After all, what value can a mundane tweet or a meme hold? But today, they can be worth thousands of dollars, thanks to non-fungible tokens, a.k.a. NFTs. By creating on-chain, unique representations of everyday things like music, art, videos, and memes, NFTs catapulted their value from almost nothing to millions of dollars. So naturally, the trend spread like wildfire, opening new opportunities for artists and creative professionals across the globe to gain....
Apart from creating their own digital collectibles, major brands are also acquiring popular NFTs amid the growing popularity of nonfungible tokens. The nonfungible token (NFT) space is arguably one of the most popular aspects of crypto and blockchain technology. Indeed, NFTs are often the topic of conversation, garnering significant interest both from inside and outside the industry.Such is the growing appeal of NFTs outside the crypto space that major brands like Visa and Budweiser are now acquiring popular items from popular collections. These moves are different from the usual corporate....