NFTs as micro-social networks: The path to crypto adoption
Nonfungible tokens could be a step toward new social interactions, a notion that might not be as far-fetched as it sounds. Nonfungible tokens (NFTs) are evolving from a niche interest to a mainstream conversation. The variety of NFT art — from cuddly to edgy to menacing — is drawing in a new audience of enthusiasts. Beyond the art, NFTs are providing a glimpse into a new layer of social interaction.When framed as micro-social networks, NFTs could lead the way to a new form of social media based on creativity, ownership and contribution. Groups serve as epicenters of NFTs projectsEvery....
Related News
New social network Dawn promises to change the face of social mediafrom individual-centric to pro-group, whilst also maintaining individual interest. Cointelegraph spoke to Brenn Hill, social and UX architect at Dawn, to take a peak of the new radioactivity of the Blockchain. Cointelegraph: Could you explain what Dawn is all about and what makes it different from other social media outlets? Brenn Hill: Dawn is about reinventing social networks in a way that is group-centric and pro-social instead of individual-centric and exploitative. Currently, social networks exist partly to allow you....
"Illegal or criminal activities are likely to flourish in the darkverse since it will be difficult to track and monitor," says Trend Micro. In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next three to five years.As told by Trend Micro, the top threats to the realm, mainly from a regulatory standpoint, include NFT security concerns, the development of a "Darkverse" similar to the dark web, financial fraud, privacy concerns, physical threats, AR threats,....
Last year, the DeFi summer led crypto adoption to mainstream attracting bigger players into the sector, this year, the massive adoption of a non-fungible token (NFTs) is the hot cake on everyone’s menu, both crypto enthusiast and non-crypto enthusiast. NFTs which started as a small sector within the blockchain and cryptocurrency industry have witnessed explosive […]
CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,” said a CME executive.
CME Now Offers Micro Bitcoin, Ether Options
CME Group announced Monday that it is now offering options on micro bitcoin and micro ether futures. CME’s Micro Bitcoin futures (MBT) is 1/10 the size of one bitcoin (BTC) and Micro Ether futures (MET) is similarly sized at....
We have the core tech to enable radically more ethical and beneficial social media networks. Here's what we'll need.