IntroductionAn airdrop is a free distribution of cryptocurrency or NFTs by a project to its users.Here's a basic outline of how drops work: You conduct transactions on DEX exchanges on a new blockchain via your crypto wallet, such as Metamask. The project then takes a snapshot of the blockchain, ana...
Decentralization: Empowering the CommunityToday, we will discuss decentralization, a key characteristic of cryptocurrency that has become synonymous with it.What is decentralization?Decentralization refers to a system where functions and power over management are dispersed among participants, rather...
Today we will cover important points on security and how to avoid unforeseen losses. Let's begin!How to safely store and protect your cryptocurrency assets?— Storage of Funds on CEX Exchanges.It is the most common and easiest way to store assets, but also the most dangerous. You do not control the d...
Many people have heard about the two new blockchains, Aptos and Sui. In recent months, the entire information space is only talking about them, many call them the same gem in the Web3 sphere and predict success when launching the leading network.Basic information about AptosAptos is a Layer 1 blockc...
Staking of non-fungible tokens (NFTs) is a way of passive income for owners of digital items.This mechanism applies to certain non-fungible tokens (NFTs) used in a decentralized application such as a metaverse or a game. To generate income, NFTs usually need to be blocked on a special platform.Thus,...
Whitelist is a list of pre-approved wallet addresses that will receive special guaranteed access to new NFTs once they are released.To be whitelisted means that you have gone through the process/steps, as defined by the NFT project team, of getting your ETH address pre-approved to mint an NFT at som...
What is a smart contract?A smart contract is programming that exists within the blockchain that automatically enforces specific actions once predetermined conditions are met.Smart contract enables the network to store the information that is indicated in an NFT transaction. Once done this informatio...
No matter how it sounds, you can really make a profit on NFT even from scratch, absolutely without investments, without creating any of your own projects. Let's see how to do it!Play-to-Earn GamesThe market for blockchain-based games is getting bigger and bigger. Unfortunately, despite the fact that...
Cryptocurrencies use cryptographic security.Owning something on the blockchain means you control the private cryptographic key to a public address, or wallet, where your tokens, both fungible and non-fungible are held.Source: SEBA ResearchUnderstanding Cryptocurrency WalletA crypto wallet is a softw...
Understanding Non-Fungible Tokens (NFTs)NFT stands for non-fungible token…usually, this is how any article or guide about NFT begins. But it doesn’t quite get to the meat of the thing. So let's look at it from the other side.If you exchange your $20 bill for your mom's $20 bill, nothing really chang...