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Showing posts from October, 2021

Celebrities & Corporate Elites are embracing NFTs In A Big Way

The next few years are likely to be very interesting, as the nonfungible token market opens digital collectibles for fans and investors. The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarter’s figure. Although a significant slice of that action comes from runaway hits like NBA Top Shot, Crypto-Punks and gaming platform Axie Infinity, NFT use cases are rapidly proliferating as creators recognize their potential. In the not-too-distant past, celebrities keen to profit from the burgeoning crypto scene had few options. Mostly, they were limited to shilling an initial coin offering (ICO) or investing their own money in a startup they deemed promising. Thanks to NFTs, however, they can now leverage their star appeal by releasing sought-after digital collectibles representing, well, just about anything: artwork, albums, t

5 Best Crypto Wallets for Minting NFTs and Storing Ethereum

Just as you need a physical wallet to store your cash, you need a digital one to store your crypto valuables. Unlike the beat-up leather wallet in your back pocket, though, crypto wallets are multi-functional. Not only can they be used to store cryptocurrencies like Ethereum’s ETH, but they can also be used to send and receive it too. Aside from cryptocurrency, crypto wallets can also be used to store and keep track of your NFT collection. And, just like with cryptocurrency, these too can be sent and received. With a fair few options to pick from nowadays, choosing the right crypto wallet for you depends on a few factors. To help you decide, here are the best crypto wallets for NFT collectors and storing Ethereum. 1. MetaMask One of the most well-known and popular crypto wallets, MetaMask is a great choice for interfacing with the Ethereum blockchain. MetaMask is available as a free browser extension that ties in neatly with various platforms. NFT sites, for example, will automatically

While Elon Musk Mentions Doge Improvements, Dogecoin Developers Continue to Address Scaling Concerns

On Sunday, Elon Musk discussed his relationship with the Dogecoin Foundation and he mentioned a few improvements he’d like to see implemented via Dogecoin Core’s codebase. Meanwhile, Git-hub metrics show developers have been working on Dogecoin Core during the last few months and it seems Dogecoin software engineers are prepping the network to address fees, transaction time, and mining.  Dogecoin Proponents Including Elon Musk Patiently Wait for a Fee Change Fix, Dogecoin Core Repo Has Been Active At the end of June, Tesla’s CEO Elon Musk tweeted about the fee change proposal added to the Dogecoin Core Git-hub repository. At the time, Musk said it was “important to support” it. The following week, people noticed that Dogecoin software developers Ross Nicoll and Patrick Lodder were maintaining the project and looking to add Musk’s suggestions. Lodder’s Dogecoin Core fee change proposal explained that the fix would be “gradually deployed to the network over multiple software releases.” E

Elon Musk Discusses Important Dogecoin Improvements In 2021, Confirms No Investment in Shiba Inu

Tesla CEO Elon Musk has shared what he believes to be the most important dogecoin improvements. He also clarified that he does not have anything to do with the Dogecoin Foundation and is not investing in the Shiba inu (SHIB) token. Musk confirmed that he is only holding three cryptocurrencies. Elon Musk on Dogecoin Improvements, Shiba Inu Token Tesla and Spacex CEO Elon Musk made several tweets about cryptocurrency, bitcoin, dogecoin, and the shiba inu token Sunday. Regarding Dogecoin’s improvements, he was asked whether he had any recent interactions with the Doge development team. While admitting that he had not interacted with them lately, Musk shared: What matters imo is lowering fees, decreasing block time & increasing block size. A single layer network with exchanges as de facto layer 2 seems like the simplest solution for a medium of exchange. Dogecoin co-creator Billy Markus chimed in and responded to Musk’s Doge improvement tweet. He stressed that in his opinion, “dogecoin