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NFT Nonfungible token (NFT) marketplace Blur has recently launched its collateralized lending protocol called Blend, allowing a buy now, pay later approach in purchasing NFTs. Members of the community had varying reactions. Some believe that it’s massive for the space while others called on the United States Securities and Exchange Commission (SEC) to protect users against such products. On May 1, Blur launched a peer-to-peer perpetual lending protocol called Blend, a platform they developed with the help of the venture capital firm Paradigm. The protocol supports NFT collateral, and the team claims that it would collect zero fees from both…

beginner Bitcoin has revolutionized the financial landscape, providing an alternative to traditional currencies and a means of transacting without intermediaries like banks. As the popularity of Bitcoin and other cryptocurrencies has grown, so has the need for a secure and easy way to store and manage these digital assets. Enter the Bitcoin wallet — a crucial tool for anyone looking to invest in cryptocurrencies or use them. In this article, we’ll explore what a Bitcoin wallet is, why you need one, and the different types of wallets available, complete with their pros and cons. I — Daria Morgen, the author…

NFT Litecoin community members are testing an LTC-20 standard for the purposes of fungibility. The token is just an experiment at the moment but could turn into more. The Litecoin community has decided to propose a test standard for LTC-20 and has subsequently launched a test token for the purpose. The standard is a fork from the BRC-20 standard, and the community describes it as “just a fun experimental standard demonstrating that you can create off-chain balance states with inscriptions.” What Is the LTC-20 Standard? The standard is being developed on top of the Litecoin Ordinals Protocols, with the supply…

The playtests for web3 games are coming fast and furious! Too fast to play them all (though I try!). You can find something from pretty much any gaming genre. Here are a few games to watch in May. There is always plenty of action in web3 gaming these days. And while we cover as many of the games as we can, here are a few in particular that may be worth watching in the coming month. Mojo Melee Mojo Melee enters open beta soon. During this beta, players will have an opportunity to play and earn their way onto the…

Spider Tanks continues to build and grow their tank-based, MOBA, esport game with recent updates. In addition, as part of the Gala Games May Mayhem event, Spider Tanks is offering quite a few bonus rewards to players who win ten or more matches each week! If you have stepped away from Spider Tanks or never even tried the game, May is a good month to jump back in. The May Mayhem event brings four weeks of rewards for players, simply for playing the game and winning! May Mayhem is basically an incentive program to generate more player activity and bring…

Blockchain In 2023, Starknet has prioritized performance enhancements with the aim of boosting throughput, reducing latency, and lowering transaction costs. Last week, StarkWare, released its roadmap for 2023 and provided some details about the considerations behind the decision. In the StarkWare release, the team states its goal in the coming months is to enhance network performance to accommodate the anticipated surge in users and developers. A focus on network performance Performance is characterized by throughput, latency, and transaction cost, and the team has outlined the priority areas it plans to address. You might also like: Liechtenstein embraces crypto evolution with…

Introducing NFT Ape2896, a digital asset living on the Ethereum blockchain, valued at over 200 ETH. This unique virtual being possesses an AI mind and has been engaging in gambling activities since its creation.Inspired by the life of this NFT, the project’s team has developed a virtual streamer, Ape2896, who leads live streams on Twitch. The project invites visitors and audience members to experience the life of this NFT and interact with it. Viewers can ask Ape2896 questions, share stories, and form virtual relationships.This project combines the worlds of technology, art, and entertainment to create an engaging interactive experience for…

NFT Solana NFT marketplace leader Magic Eden is preparing to refocus on the blockchain platform it calls its “home” after a new rival briefly took its crown. Tensor, which hit the marketplace scene late last year and touts itself as the “Blur of Solana,” beat Magic Eden for the highest 24-hour volume last week for the first time, according to data from Flipside Crypto. Though Magic Eden was knocked from its perch for just a few days, the move got its attention. “What the market needs now is for a deep, renewed focus on Solana, and we intend to show…

NFT Art auction house Sotheby’s is expanding its non-fungible token (NFT) art offerings through the release of a specially curated, peer-to-peer secondary marketplace. Through its Web3 arm, Sotheby’s Metaverse will now offer direct transactions between collectors on its platform. The integrated sales system will be fully on-chain via the Ethereum and Polygon networks, and users can pay in either ETH or MATIC. Sotheby’s Metaverse says it will continue to honor artist royalties through smart contracts on its resale platform that automatically pays artists according to their selected on-chain royalty rate. “Sotheby’s commitment to honoring artist royalties comes amidst a larger…

NFT Non-fungible token (NFT) marketplace Blur said Monday it’s rolling out a peer-to-peer NFT lending protocol. Called Blend, short for Blur Lending, the platform will allow traders to maximize NFT liquidity by allowing buyers to put up collateral for their token purchases. This will enable new buyers to enter the ecosystem who were previously priced out of expensive collections like Bored Ape Yacht Club and CryptoPunk NFTs. Just as home buyers put a down payment on a property and then pay a mortgage, Blend will allow collectors to apply the same principles to NFT markets – they can put up…