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The State of Centralized and Decentralized Metaverse

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The term Metaverse has been used for over 30 years, and not just in fiction. For a long time, it has been a part of corporate visions of the future. During the first VR boom of the 1990s, the U.K. grocery chain Sainsbury's created a VR shopping demo that looks suspiciously similar to a video made by Walmart in 2017. Zuckerberg and Meta Meta, formerly Facebook, has made a massive pivot over the past year to capitalize on the metaverse 's explosive growth. A year later, however, the era of speculative investing has stalled as bond yields rise and companies focus on weathering a global financial crisis. Meta is no exception: The company's stock price is down more than 70% in 2022 and the company's underperformance relative to the big tech companies has drawn investors' attention to Meta's reckless spending on the Metaverse project. Centralized vs. Decentralized Metaverse The highlight of Meta's earnings announcement was the $3.7 billion loss from its Metaverse

Important Performance Metrics for Decentralized Finance

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The list of new decentralized finance blockchain projects is expanding. In this sea of choice, which projects will be tomorrow’s stars and worth investing in? That is the focus of this article. Some of these indicators overlap with the metrics one would look at when evaluating traditional stocks. But, given the very different nature of crypto investing, many of these indicators are more relevant to the crypto world. Total Value Locked Since the rise of decentralized finance (DeFi) in 2020, financial market experts have grappled with a new type of investment and sought ways to assess its results. Aside from market capitalization, trading volume, and total and circulating supply, total value locked (TVL) is a popular crypto indicator used by DeFi speculators to assess the overall value of assets deposited across all DeFi protocols or in a single DeFi project in US dollars or any fiat currency. The total value locked (TVL) is the total amount of funds committed as collateral to a DeFi pr

Augmented Reality and Virtual Reality: Key Differences

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In an increasingly digital world, the terms augmented reality and virtual reality are crucial. Despite the fact that they are two distinct technologies, both terms are frequently used interchangeably. But what are the distinctions and parallels between AR and VR? What is Augmented Reality? Augmented reality (AR) is a technology that augments the user's perception of the real world and provides a live view of it with digital information, with the goal of expanding it by adding images, sound, video, and other virtual details. The goal of augmented reality is to augment the environment by allowing virtual elements to interact with real-world objects to create intended meanings. In augmented reality, informatively designed virtual environments coexist with the real world by providing additional data about it. How does Augmented Reality (AR) work? One difference between VR and AR is that AR displays different content in the real world. Computer vision, depth tracking and mapping play a

Artificial Intelligence Has a Key Challenge: Data Quality

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Artificial Intelligence does not represent, in itself, a real novelty. It is in fact a discipline that has existed for decades. However, it is only thanks to recent technological developments that it has found wide application in the business, also favoring the birth of facial recognition software, voice assistants and chatbots, Machine Learning models and paving the way for numerous automations. Driver of Digital Revolution Artificial Intelligence has proved to be one of the main drivers of the digital revolution, accelerating the need for companies to have the enormous potential guaranteed by platforms for Data Analytics and the use of Machine Learning models. It must also be considered that in the current era, increasingly oriented towards Artificial Intelligence and robotics (including that integrated with mobile devices, cloud, sensors and analytics), there is now a very strong demand for scientific and digital skills, especially in areas such as data science, big data, cloud, ed

Are Stablecoins the Ultimate Use Case for Blockchain?

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Stablecoins, which are primarily tied to the US dollar, have established themselves as critical pillars in the evolving crypto ecosystem. They serve as a base currency on centralized exchanges and as a dollar substitute on decentralized exchanges (DEXes). An examination of the present state of the stablecoin market. Centrally backed stablecoins are industry leaders in the stablecoin market because they provide scalable liquidity as well as high stability. However, decentralized alternatives are still being tested. The market cap of stablecoins has increased by 450% to $154 billion since January 2021, with Tether , Circle, and Binance accounting for more than 90% of all issued stablecoins. In this article, we look at the purpose of stablecoins, the various types and risks, and the current market state. An Emerging Sub-sector Stablecoins are cryptocurrencies that are linked to a non-volatile asset (like the US dollar). These cryptocurrencies address the crypto space's inherent volati

4 Ways to Make Money with NFTs

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Making money with NFTs is all the rage. Non-Fungible Tokens (NFTs) are the hottest crypto trend and really offer numerous opportunities to make good money. This is true for artists and creators selling NFTs as well as traders and investors looking to invest in NFTs. How can you make money with NFTs? What are the best methods? What are the things to watch out for? What are the advantages & disadvantages? What about Play-to-Earn NFT Games? Read on to find out. Finance World Disrupted In 2021, the world of finance was disrupted by a new high-tech development — non-fungible token (NFT). This token is a derivative of smart contracts based on Ethereum, and its main value is its uniqueness. With the help of NFT, any digital file can become something exclusive, not copyable, whether it is an art object or a tweet. Of course, the new technology could not be left without the attention of investors. Nowadays, many people are wondering how they can earn money with NFTs. Ways to Make Money wit

What Does the Future Hold for Web3

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The future of Web3 looks very bright. Many exciting projects and developments are currently going on that will make this technology more user-friendly and accessible to everyone. In the next five years, we can expect to see a lot more innovation in this area, revolutionizing the way we use the internet. What is Web3? Web3 is a term used to describe the new era of the internet . It refers to the third generation of the web, characterized by decentralization, transparency, and security. This technology allows for a fairer, and more democratic internet. One where users control their data and interactions. In the future, it will also be easy to access this technology from a variety of devices and platforms. Areas of development in Web3 Web3 is close to becoming mainstream. An entire industry has emerged, centered around decentralized applications (dApps), built on blockchain technology. We can expect to see more creative uses of digital currency in the next few years, which could significa

Why Digital Real Estate is Not Just the Metaverse

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As digital real estate continues to explode in popularity, more and more investors (new and old) are looking to get involved in one of the most exciting opportunities of Web3 and crypto. From virtual reality, to transforming how we interact and communicate on social media, millions of people around the globe are flocking to the next "gold rush." While the Metaverse and virtual worlds certainly play a massive role in the digital real estate industry, it would be a mistake to forget the other aspects of this growing field. More than just the Metaverse The Metaverse is expected to grow to an $800 billion market by 2024, and the number of operational Metaverse projects and virtual worlds will most likely continue to increase, providing plenty of opportunity for investors looking to add digital real estate to their portfolio. Owning a building or piece of land in popular games such as Second Life or even Minecraft is becoming increasingly common for gamers and technology enthusia

Now You Can Use NFTs to Purchase Real Estate

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Previously, the majority of NFTs appeared to be amusing works of art and trendy alternatives to cryptocurrency investments. NFTs are beginning to penetrate other aspects of life as we learn more about how they work and what they can do; even major brands are registering merchandise on the blockchain and implementing functions and special features to give buyers more bang for their buck. How it works So, how does a digital piece of artwork or song accomplish all of this? You can program your NFT (or whatever it represents) to perform automated functions using an inbuilt smart contract. But no one is going to buy a house like that, are they? They have already done so in a few successful transactions. The first real estate NFT was sold in 2017 and has recently been re-auctioned via Propy, a blockchain-based real estate platform. A shift in how we buy and sell real estate appears to be on the horizon. Here's what you need to know about the real estate market's likely direction and

The Metaverse and Its Use Cases

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Metaverse is a 3D virtual space that links users to various platforms. A simple browser can access functions just like the internet. Before blockchain games popularized the term metaverse, games were incorporating augmented reality (AR), virtual reality (VR), and their own economics. Features in the metaverse Digital Avatars Users must create their own avatars after creating an account and participating in the metaverse. These avatars can be customized by the user and are an essential part of the metaverse ecosystem. In some cases, these avatars have become so important that most players use them to brag to other players and show off their characters. Experiences The metaverse, like the real world, offers an experience to all of its users. While they do not correspond to real-world items, metaverses offer virtual experiences with a variety of items. However, as NFTs and cryptocurrencies became more prevalent on metaverses, the scale of virtual experiences changed, and blockchain techn