The NFT trading volume increased from Q2 2021 to Q3 2021 by about 700%, according to NFT market stats, with a nearly spend of 41 billion dollars in 2021 on NFT marketplaces, according to blockchain analytics firm Chainanalysis Inc. One of the most exciting newcomers for creating, collecting, trading, selling and auctioning NFTs is loob. …
Investors in cryptocurrencies invest in Fungible Tokens, which are exchangeable. So, for example, when one exchanges one Bitcoin for another, there is no one among the exchanging parties who bears any disadvantage from the exchange. Non-fungible tokens, on the other hand, represent digital property that is unique. These can be, for example, works of art,…
The Metaverse is currently on the lips of tech entrepreneurs, media and Internet corporations. But what exactly is behind the Metaverse? Facebook CEO Mark Zuckerberg has renamed Facebook into Meta and talks about it as if it’s the future of the Internet. Currently, there’s also a lot of marketing hype around the idea of the…