How NFTs, DeFi and Web 3.0 are intertwined

How NFTs, DeFi and Web 3.0 are intertwined

Explosive growth in asset tokenization and NFTs is fueling Web 3.0 growth, and testing DeFi resolve. While blockchain itself provides the technology constructs to facilitate exchange, ownership and trust in the network, it is in the digitization of value elements where asset tokenization is essential. Tokenization is the process of converting the assets and rights to a property into a digital representation, or token, on a blockchain network. Distinguishing between cryptocurrency and tokenized assets is important in understanding exchange vehicles, valuation models and fungibility across....

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Finance Redefined: The slow march forward, March 24–31

DeFi keeps chugging along while everyone is focused on NFTs Finance Redefined is Cointelegraph's DeFi-centric newsletter contextualizing major events in the previous week. Subscribers receive a copy every Wednesday.Editor's NoteThis is one of those weeks where it’s hard to find a central topic for this newsletter. There weren’t any big scandals or releases, more like a slow grind with a few projects launching new features, others announcing their fancy investment round, while every celebrity and their mother keeps dropping NFTs. Snoop Dogg is the latest, I believe?I suppose a fair question....

NFTs take on DeFi? Nonfungible tokens push to be the next crypto craze

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NFTs take center stage at ETH Denver 2021

NFTs are a hot topic at this year's virtual ETH Denver, with adoption and DeFi use cases dominating the talks At ETH Denver’s virtual conference, non-fungible tokens have been in the limelight with seven mainstage presentations devoted to utility, adoption, and novel use cases — a sign of growing acceptance for what was once considered a niche or lesser application of blockchain tech.While the seven presentations have been dwarfed by decentralized finance’s 14 (not to mention a dedicated four-hour summit), the stage time comes on the back of a remarkable year for NFTs. Sales numbers have....