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CRYPTO
HomeArchive by Category "CRYPTO"

Category: CRYPTO

CRYPTONFT
March 31, 2023BY Tobi

NFT 101: What is a one-of-one NFT?

Non-fungible tokens are special kinds of crypto tokens. They thrive on their rarity, scarcity, and the ability to represent valuable physical assets such as art, and real estate. One-of-One NFTs are even rarer due to their limited edition. This class of NFT only has one NFT edition,...
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CRYPTODAO
March 15, 2023BY Tobi

Top 5 Crypto DAO Projects you should know

Decentralized autonomous organizations are organizations that are built on the ideals of web3. They operate through a decentralized structure. Thus, every member of the community can make proposals, and vote in the decision-making process. In this article, we detail the top 5 DAOs...
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CRYPTODAO
March 8, 2023BY Tobi

Top 3 Reasons why Smart Contracts are Important to DAOs

Decentralized autonomous organizations or DAOs are conceived to be the future of organizations around the world. This is because DAO introduces a structure where all members are equal. DAOs encourage decentralized decision-making. Notwithstanding, this decentralized approach to...
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CRYPTONFT
January 16, 2023BY Tobi

How are NFTs adopted in the Gaming Industry?

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...
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CRYPTONFT
January 11, 2023BY Tobi

Mercedez-Benz consolidates its NFT approach with New Trademarks

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...
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CRYPTO
December 7, 2022BY Editor Team

How NFT Royalties Work

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...
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CRYPTO
December 7, 2022BY Editor Team

Non-Fungible Token (NFT): What It Means and How It Works

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...
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CRYPTO
December 7, 2022BY Editor Team

What are Decentralized Autonomous Organizations (DAOs)

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...
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