In the ever-dynamic world of digital art, the sale of the NFT artwork “$LAVE” by XCOPY stands out, recently fetching a striking 315 ETH, equivalent to nearly $967,000 [$ETH 315]. This event underscores not only the value of digital art but also the unique characteristics of the blockchain technology that […]
Introduction to World Chain In a significant leap towards blockchain scalability and efficiency, Worldcoin has officially introduced World Chain, its bespoke blockchain designed to meet human-centric needs globally. This move is set to revolutionize how transactions are handled, prioritizing human interaction and reducing the technological bottleneck that has hindered blockchain […]
In a significant restructuring of its gaming portfolio, Yuga Labs, the visionary force behind the Bored Ape Yacht Club (BAYC), has sold its HV-MTL and Legends of the Mara games to the emerging Web3 gaming powerhouse, Faraway. This strategic move not only simplifies Yuga’s asset base but also sharpens its […]
Once upon a time, in a digital realm not far away, gamers and aficionados craved something more than just pixels and generic avatars. They yearned for a way to flaunt their unique style, achievements, and digital prowess. Enter NFTs (Non-Fungible Tokens), the fairy godmother of the gaming world, ready […]
Introduction For those new to the world of NFT gaming, you might be wondering, “What is Parallel?” In essence, it’s a groundbreaking trading card game where the cards you collect and play with are also NFTs. Background & Overview Industry Experience: Behind Parallel is a team of founders with impressive […]
The Science Behind NFTs: Ensuring the Authenticity of Digital Art through Blockchain Technology In the contemporary art scene, the concepts of authenticity and originality have always been pivotal. Yet, with digital art becoming more prevalent, ensuring the genuineness of a piece became a nuanced challenge. This challenge was met head-on […]
The world of non-fungible tokens (NFTs) has undergone a transformative evolution with the advent of ERC 6551, or Token Bound Accounts (TBAs). This addition to Ethereum’s open-source stack empowers NFTs to act as noncustodial wallets of Ethereum accounts, thereby amplifying the functionalities of a cryptocurrency wallet. This shift has the […]
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Crypto Art is a new and emerging art form. It uses cutting edge technology to create a visually stunning piece of art. Crypto Art is the perfect blend of art, technology, and cryptocurrency. Blockchain has taken the tech world by storm and is being used for a variety of purposes. In the art world, it’s being used to register artwork with a unique ID that cannot be changed. Artist and art collectors make their work available to the public and have it authenticated by third parties. The blockchain can support this process in a way that is cheaper, faster, and more secure than current methods.
The latest trends allow artists to control their output and make sure they have a piece of the pie in perpituity.
Crypto Art is the art world’s new frontier, and it’s here to stay. Crypto Art is art that has been created or collected through cryptocurrencies. You can purchase crypto art with Bitcoin, Ethereum, Litecoin and other digital currencies. Blockchain, the technology that supports cryptocurrencies like bitcoin, is becoming more and more popular. It’s a ledger of all transactions done on its network that can be seen by anyone in the world. The blockchain is a digital ledger of all Bitcoin transactions that is distributed across a peer-to-peer network.