Non-fungible tokens are known to have ushered in a new era of ownership on the blockchain. The concept of digital ownership has been the basis for the adoption of NFT in the music industry. NFTs help artists to build gated communities, sell existing songs, fund upcoming releases,...

The traditional gaming industry is known to create games and gaming assets while maintaining control over all-in-game assets. While players sometimes have to make in-game purchases, they do not own assets and cannot transfer them from the gaming ecosystem. NFT has changed this...

Decentralized Circle offers traditional businesses and web3 projects the needed tools and environment to build sustainable products that help them connect with users, form communities, and create mutual benefits. TL;DR DeCir helps projects transform their offerings into...

Mercedez-Benz has established itself as one of the foremost car brands in the world for a long time. The luxury car maker has taken the next step in technological trends by adopting NFTs and laying out concrete plans for metaverse adoption. TL;DR Mercedez-Benz launched its...

NFT started out on the fringes of Web3. Early adoptions typically centered on the creation of large collections with little utility. However, NFTs’ ability to permanently represent valuable items on the blockchain is the reason for the recent upturn in their adoption across...

What are NFT royalties? NFT royalties are crypto payouts designed to proffer creators a cut of secondary sales of their digital collectibles. The percentage of sale designated for royalties is set by the creator at the time of minting — typically around 6%. Smart contract...

What Is a Non-Fungible Token (NFT)? Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at...

What are DAOs? A DAO is a collectively-owned, blockchain-governed organization working towards a shared mission. DAOs allow us to work with like-minded folks around the globe without trusting a benevolent leader to manage the funds or operations. There is no CEO who can spend...