Author: Jeremy Ryan

Non-fungible tokens (NFTs) are one of the emerging technologies that took 2020 and 2021 by storm. Over those two years, the NFT market rose to over $11 billion, with February 2022 seeing over 400,000 users per week across sites like OpenSea and Mints. As the industry continued to build excitement around it, prices and user interest skyrocketed. During the crypto winter, following several major crashes and industry-shifting events, the NFT market began to suddenly drop. However, while there was a major market value decrease, the NFT market is still alive and well in 2023. While many still see the meme…

The data from RWA, a tracker of asset-backed loans in the real world, testify to a lively recovery in the blockchain loans sector. Loan buyers are showing increasing confidence in blockchain-based alternatives compared to traditional lenders, especially in a context of rising interest rates. As a result of this trend, the volume of loans has recorded a significant increase, reaching the amount of 582 million dollars and doubling compared to 2022. Let’s see all the details below. An analysis of the blockchain lending boom The key sectors in charge of the $582 million contributions An analysis of the blockchain lending…

In the decentralized finance (DeFi) space, each blockchain or protocol can be compared to a unique stall in a bustling marketplace. However, there’s a twist: each trader (blockchain) communicates using their rules and language. While this diversity fosters a hotbed of innovation, it simultaneously presents a formidable challenge — the absence of seamless and secure interoperability. Universal connectors are the technical linguists of our time, fostering communication across different systems. They act as a middleware layer, translating the information from one language to another’s, much like Google Translate. Let’s consider this concept within the context of blockchain and decentralized finance.…

In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $265.61 million in sales, despite a 13.71% decline from the preceding week. Meanwhile, Solana NFTs climbed to the second rank, relegating Ethereum to third place in this week’s sales. NFT Market Update: Digital Collectible Sales Slide 12.26% Lower Than Last Week As NFT sales began climbing once more with Bitcoin surging to the forefront since early November, this week witnessed a 12.26% dip in sales, according to figures from…

As Skyborne Genesis finished up their prologue season, their parent company, Revolving Games, announces plans for an upcoming token release — including an airdrop for holders of Nexian Gem and Genesis Immortal NFTs! Revolving Games, the game development studio behind Skyborne Legacy, has announced plans to release their own token. As part of the token release, the team will airdrop tokens to holders of Nexian Gems and Genesis Immortals, both NFT collections for Skyborne Legacy. Details of the token airdrop are still unrevealed. Expect to hear more about it in January. Nexian Gem Bonuses But we do know that there…

Final Fantasy developers Square Enix have officially launched their first NFT project Symbiogenesis, with Chapter 1 of the six-part “narrative-unlocked NFT entertainment” series now available on PC, iOS and Android.This follows the initial release of what will become a total of 10,000 character NFTs on November 27, with the remainder set to be unlocked as each Chapter of the story is released.#SYMBIOGENESISゲームリリース開始！ーかつてない「物語体験」が始まるー浮遊大陸に突如襲ってきた「竜」に対抗すべく「様々な謎」を解きながら遊ぶファンタジーアドベンチャーです。Discordでもうまく情報を聞き出しながら謎を解いていきましょう。▽Dive into the world of SYMBIOGENESIS… pic.twitter.com/CfSQdcYAMh— SYMBIOGENESIS -NFT Art＆Game Project- | SQUARE ENIX (@symbiogenesisPR) December 21, 2023What is Symbiogenesis?Symbiogenesis is Square Enix’s first foray into Web3. It tells the story of an adventure set across a series of…

The UNHCR is actively exploring decentralized identity solutions, particularly zero-knowledge proofs (ZK-proofs), to ensure the safety of refugees crossing borders. The agency acknowledges the potential of blockchain technology and has already initiated a pilot project using USD Coin (USDC) stablecoin for swift financial assistance to Ukrainian refugees. The treasurer of a United Nations agency recently noted that ensuring the safety of refugees crossing borders is increasingly dependent on decentralized identity solutions utilizing zero-knowledge proofs (ZK-proofs). The United Nations High Commissioner for Refugees (UNHCR) is actively working on establishing an identity infrastructure to facilitate swift migration for refugees while ensuring the…

Tether has announced it invested in the Series A round of the Academy of Digital Industries, an educational platform in Georgia. The ongoing financial investment will help support the “real world” education about blockchain, bitcoin, stablecoins and P2P technologies, Tether CEO Paolo Ardoino said. Tether Operations Limited, the company behind the USDT stablecoin, has made an undisclosed investment in the Series A round of Academy of Digital Industries, a Georgia-based education platform. The investment in the educational platform follows recent initiatives aimed at promoting blockchain innovation in Georgia. This program is expected to be an ongoing one, with Academy receiving…

I spent twenty years building digital music applications and businesses, most recently Beats Music and Apple Music, previously with Yahoo!, Winamp, Topspin and Beastie Boys. Today, I work at Ledger and espouse the utility of crypto instead, so I’m often asked the question, “What about music on the blockchain?” “Meh,” is my standard response. I don’t see the innovation or consumer need in asking people to buy digital music NFTs like they bought CDs, or trying to shoehorn digital ownership into streaming services meant to compete with Spotify. Listening to music on the internet is a solved problem, and music…

At the close of 2023, we’re seeing a resurgence of interest in NFTs. NFT brands are selling products in major brick-and-mortar and online retailers. We’re seeing the launch of major blockchain-based games. And more established companies are coming into the NFT space. As a result, NFT-based brand building is poised to be a significant driver of Web3 adoption in 2024. The next wave of successful NFT products will likely look quite different from much of what we’ve seen before. Instead of focusing on a small quantity of high-value assets, many of these products will be produced in large quantities –…