Web3 (309)

With a total market cap of more than $19 billion , GameFi and blockchain gaming seems to be making a comeback in the crypto scene as it once again seeks to disrupt the $175 billion global video games market. Titles like Axie Infinity and its more than $1 billion in total in-game asset sales have piqued the traditional gaming industry’s interest. So much so, we’re now seeing giants like and the GameFi sector.

Has 2023 become the year of token standards in the crypto space? One of the most notable developments is the emergence of the SRC-20 standard on the Bitcoin blockchain. Some say it's inspired by Ethereum's famous . Many believe that SRC-20 brings a new dimension to digital art and tokens on , offering a blend of innovation and tradition. That's just like another familiar token standard, BRC-20.

Augur is a decentralized protocol where users can launch prediction markets powered by smart contracts. It provides the technology required to bet on the potential outcomes of events. Not only that, the entirety of the process, including betting and settlements, occurs on the blockchain. This means that there is no room for intermediaries and the associated costs. In this article, we’ll look at what is Augur and how it works.

Web3, the third step in Internet’s history, changes everything. Where Web1 gives people information and Web2 lets them interact, Web3 gives them control. It’s not just about money, but how we purchase, how we govern our digitized identities, how we learn, and so much more.

An initial public offering (IPO) is the process of a private company offering its shares to the public for the first time, allowing anyone to buy a stake in the company. This usually occurs when a company is looking to raise capital to fund its growth and expansion plans. IPOs have become increasingly popular among cryptocurrency firms in recent years, as they seek to gain mainstream recognition and credibility. This beginner’s guide will explore the IPO process and provide insights into how cryptocurrency firms can go public.

Without a doubt, one of the biggest trends in the cryptocurrency industry throughout 2021 has been nonfungible tokens. Prices of blockchain-based collectibles, artwork, GameFi assets and other virtual items have gone through the roof — leaving many on the sidelines scratching their heads. In this OKX Insights in-depth examination, we look closely at the NFT phenomenon and the value propositions of the most successful collections. 

Non-fungible tokens (NFTs), often celebrated for their ability to authenticate and tokenize digital content, have transcended mere financial instruments. They've become a canvas for artists, a marketplace for collectors, and a technological innovation with the potential to redefine how we perceive and engage with the digital realm.

Arbitrum is a Layer 2 scaling solution for Ethereum that aims to increase transaction speed and reduce gas fees. It accomplishes this by using off-chain computation to process transactions faster and

Blockchain technology has revolutionized the way we conduct transactions and store data securely. However, one major challenge that blockchain faces is scalability . As the number of users and transactions on a blockchain network increases, the system becomes slower and more expensive. This scalability challenge has hindered the widespread adoption of blockchain technology in various industries.

In the 21st century, social media underwent a revolution. Platforms like Friendster, MySpace, and later Meta reshaped how we connected and shared online. As the years went by, the trend shifted towards mobile-centric platforms like Instagram, X, Snapchat, and TikTok, further expanding the boundaries of online interaction.

Scalability has emerged as a hot topic for Ethereum , with many seeing it as a potentially major hurdle to the technology's widespread adoption. Leading the charge in tackling this challenge are Layer 2 solutions. Certain solutions are tailor-made to enhance performance across the blockchain ecosystem, providing a host of important benefits:

Damus caused a stir a few months ago when it arrived as a decentralized alternative to Twitter. Backed by Twitter's own co-founder and former CEO, Jack Dorsey, Damus is built on the  Nostr protocol , which allows developers to create decentralized and censorship-resistant social media platforms.

__Authored by Sally Gu, researcher @OKX Ventures__ ## TL; DR Blockchain oracles were in the crypto spotlight in 2023, but what long-term potential does the technology have? OKX Ventures' view is that

Solana has established itself as a leading blockchain, recognized by many for its high speed and low transaction costs. In December 2023, it was reported that Solana surged by 300% against Ethereum (ETH) , easily making it one of the top-performing cryptos of the year. Solana is currently by market capitalization with a market cap of 43.53 billion at the time of writing — underscoring its significance and influence in the broader cryptocurrency space.

Where do you go for DeFi yield opportunities? One option is Lybra Finance, a decentralized platform that gives access to Liquid Staking Tokens (LSTs) — primarily focused on ETH — to offer fresh opportunities in decentralized finance (DeFi).

Kadena is an open-source, hybrid blockchain platform that looks to increase blockchain adoption among businesses and the general population. Kadena intends to do this by improving on the issues of sca

The crypto industry saw major expansion to all kinds of sectors over the years. Its goal to solve problems doesn't limit it to the problems of the financial industry. One of the industries that the crypto world has expanded into is the video streaming industry. Platforms aiming to offer a decentralized version of YouTube, Twitch, Netflix, and more, are now available.

The cryptocurrency adoption rate is progressing rapidly, with more people turning to crypto assets every day. Digital assets offer countless benefits and improvements upon traditional financial systems, so this is nothing surprising or new. However, in order to switch to cryptocurrencies, one has to first properly prepare. In other words, crypto users need to educate themselves on all the details about crypto, primarily on securing their funds.

Major is a Telegram mini-app game combining simple and social gameplay with a unique play-to-earn model where every task, interaction, and invite turns into real rewards. Within days of its launch, Major drew in millions of players who were competing, collaborating, and collecting Stars.

As Web3 continues to evolve at pace, the onchain ecosystem is flourishing, with rising numbers of users participating in onchain transactions and other activities. Simultaneously, various onchain scams are emerging, with fraudsters tricking users into authorizing transactions or revealing their keys to steal assets.

A deep dive into the resurging trend of crypto airdrops, including ENS, SOS, LOOKS and GAS Hardly a novel concept in crypto, airdrops — as a method of distributing new blockchain-based tokens — saw a

You may have heard the phrase “[not your keys, not your coins](/learn/proof-of-keys).” In the crypto world, this phrase refers to self-custodying your crypto by taking ahold of your private keys, so t

Bitfinity Network improves how decentralized applications (DApps) work by handling high throughput and enabling fast, efficient token transfers. It rethinks how blockchains process data, allowing for smoother interactions across networks. Put simply, with its architecture and cross-chain technology, Bitfinity aims to improve blockchain for developers and community members.

 Satoshi Nakam