👉 The development of NFT has simplified the ownership verification and transaction. However, other kinds of rights except ownership such as exhibition rights, lease rights, creation of derivatives etc. are still difficult to be circulated and used independently, which have limited the value and commercialization of digital assets. 1. By registering and confirming ownership and…
👉 This ERC specification defines an interface, which acts as an abstract layer on top of existing NFTs that we call a ‘proxy NFT’. A proxy NFT indexes a digital asset and tracks its various incarnations across different metaverse platforms, games and such. We call the individual representations of this digital asset on the various…
👉 This EIP extends the NFT metadata JSON schema defined in EIP-721 and EIP-1155, adding a `dStorage` key that provides information about how the NFT data is stored. 👉 As highly valuable crypto properties, NFT assets intrinsically demand guaranteed storage to assure their **immutability**, **reliability**, and **durability**. NFT ownership is tracked by [EIP-721](./eip-721.md) or [EIP-1155](./eip-1155.md)…
👉 This standard is an extension of EIP-721. It proposes an additional interface for NFTs to be used as recurring, expirable subscriptions. The interface includes functions to renew and cancel the subscription. 👉 NFTs are commonly used as accounts on decentralized apps or membership passes to communities, events, and more. However, it is currently rare to…
Metaverse is heavily debated whether or not it is a good thing or if it will have adverse effects on our future. Many see it as the next logical step for humanity after the internet, while others believe it might do more harm than good. Below we list some of the common benefits of metaverse:…
The text must also be formally approved by the EU Parliament and is expected to be published early next year before taking effect sometime in 2024. 💡 NFTs – MiCA will adopt a substance over form approach in determining whether a crypto-asset (notwithstanding it is labelled as NFT) is indeed unique & non-fungible with other…
🔥 Highlights of the week 👉 EU Council approves MiCA, moving the proposal to the parliament 👉 Near Protocol partners with Google Cloud to support Web3 👉 Warner Music partners with OpenSea to help artists engage with their audiences 👉 The SEC fined Kim Kardashian for promoting tokens on her Instagram page 👉 Elon Musk…
👉 TopicRepliesViews ActivityEIP-2315 Simple Subroutines for the EVM 👉 EVM Object Format (EOF) 👉 EIP-2537 (BLS12 precompile) discussion thread 👉 and many more…. Source: https://ethereum-magicians.org/tag/shanghai-candidate
Buterin said: “The Ethereum protocol today is undergoing a long and complicated transition toward becoming a much more robust and powerful system.” And Ed said: “It’s a decade-long development of the Ethereum production system, that will one day be the industry standard for decentralised applications worldwide.” 😋
👉 Ethereum has shifted from Proof-of-Work to Proof-of-Stake, leading to a huge reduction of energy consumption 👉 Brother of ex-Coinbase manager pleads guilty to insider trading charge 👉 Starbucks enters web3 and plans to launch a blockchain-based loyalty program 👉 Citadel, Fidelity and Charles Schwab launch a crypto exchange 👉 The prototype for Norway’s central…