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Blockchain Blockchain technology is estimated to become a $12,895 billion market by 2032, according to a new report by Market.us. The report found that the blockchain technology market, valued at $72 billion in 2022, is expected to grow at a CAGR of 68% between 2023 and 2032. North America dominated the blockchain technology market in 2022 with more than 39% of global revenue. The region’s dominance is attributed to the increased investment in decentralized finance (DeFi) initiatives. The report also revealed that the public cloud segment of blockchain technology generated a revenue share of 62% in 2022. The infrastructure and…

Blockchain The debate over blockchain’s real-life utility is far from over, but many protocols continue to show promise through growth. Stellar and Mina are two such examples that show optimism in their 2023 quarterly reports. Blockchain technology has gained momentum in recent years, and its adoption has increased significantly across various industries. The technology’s potential to improve transparency, security, and efficiency has caught the attention of many businesses and governments, leading to increased investment in blockchain-based solutions. Stellar and Mina are two blockchain projects making waves in the industry. Stellar is a decentralized platform that enables fast and secure cross-border…

NFT A revolutionary wave is sweeping across the cryptocurrency realm as Bitcoin ordinals redefine the management of digital assets. Injecting a new sense of enthusiasm into the NFT arena with digital art stored on the Bitcoin blockchain, numerous crypto platforms are racing to embrace this robust innovation and establish their dominance within the industry. In a recent development, OKX Wallet is making waves in the crypto world as the first multi-chain platform to enable viewing and transfers of Bitcoin ordinals, taking digital asset management to a whole new level. OKX Meets The Hyped Bitcoin Ordinals OKX, a prominent Web3 technology…

Scalability options for decentralized apps (dApps) operating on the Ethereum blockchain network are provided by the Polygon zkEVM network. The bridge includes a number of UX changes based on community input, such as a more visible progress bar, transaction history, and recent transaction panel with color-coded completion status, time estimates for outstanding transactions, and the option to filter. The Polygon Bridge for Polygon zkEVM will provide the same user interface as the Polygon PoS mainnet. It does, however, have a number of UX enhancements that integrate community input. In the crypto sector, the notion of ‘Bridges’ is highly popular since…

NFT Recent data has revealed that throughout April, the nonfungible token (NFT) market has consistently seen more sellers than buyers, without a single exception. According todata from the analytics platform NFTGo, there were only 7,907 buyers on April 26, while there were 8,641 attempting to sell their NFTs. Days before, on April 19, the NFT market hit its second lowest point in the past twelve months, with only 5,893 buyers – a slight increase from the lowest recorded date in the past twelve months, which was on June 18, 2022, with 5,343 buyers. On April 5, while there were more…

Participating investors include Spartan Capital, Newman Capital, Infinity Ventures Crypto, Modular Capital, Cogitent Ventures, Blockbuilders, Founderheads, Lapin Digital, Blockhype, etc. It is reported that the DEX will launch its mainnet Beta version on Arbitrum on May 3, 2023. The first phase will support 4 NFT series, including Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and CryptoPunks. Tribe3 is an NFT Perpetual platform that enables users to trade NFT-based perpetual futures contracts. Tribe3 has created a social networking tool to allow NFT users to collaborate and connect with one another. Spartan Capital’s co-founder, partner, and chief investment officer, Kelvin…

NFT Notre Game, an Animoca Brands company, is making a mixed martial arts (MMA) mobile strategy fighting game with NFTs alongside the Singaporean MMA brand One Championship. The One Fight Arena game is currently slated for an early 2024 launch, with early player testing beginning later this year. The game’s athletes will become NFTs in the game to provide owners with verifiable authenticity and statistics on character rarity. One Fight Arena will also be released as a free-to-play mobile game for those looking to play entirely for free with no token elements in the mix. The One game will include…

As non-fungible tokens (NFTs) continue to gain traction across various industries, both large and small brands are embracing this digital revolution. QuikTrip, the U.S. convenience store chain, recently joined the NFT bandwagon, launching a unique collection of digital collectibles to celebrate the opening of its 1,000th store. This article provides an in-depth analysis of QuikTrip’s free NFT drop and how it compares to other brands’ NFT strategies.QuikTrip’s Free NFT Drop DetailsIn celebration of its 1,000th store opening, QuikTrip released a limited series of 1,000 Ethereum-based NFTs. These digital collectibles feature a quirky “QT” character, complete with randomly generated visual elements…

NFT Since announcing the funding in early March and adopting the same strategy as Blur, Tensor’s transaction volume and active users have increased significantly. In April, cumulative active users reached 20,000, a new high. Witnessed the rise of @SolanartNFTWitnessed the rise of @MagicEdenWitnessed the rise of @tensor_hqWitnessing the rise of @Solana pic.twitter.com/z2vVIs10RO — Solana Sensei (@SolanaSensei) April 26, 2023 Tensor is an NFT marketplace built on the Solana blockchain (just like Blur on Ethereum), and Tensor’s first season, which kicked off September 22, 2022, ended a month and a half ago. The second season has begun as of March 6,…

The Sandbox brings us another land sale! Dubbed the Mega City 3 Land Sale, this event sees over 250 plots up for grabs, with a bundle of of special assets NFTs available for those who purchase premium plots. At some point, The Sandbox will run out of new plots to sell. But we’re not quite there yet as The Sandbox brings us another land sale! This sale follows the same raffle system as the last few Sandbox land sales. Players must hold at least 1,011 SAND tokens and sign up on the Sandbox website. Those who win the raffle will…