But we’re all just learning and adapting to this new era of the internet. Remember when we started out with the internet? It was a whole different ballgame back then!

The internet has come a long way since the early days of static web pages in the mid-1990s, named Web 1.0, it was primarily used for displaying company profiles and product information. Websites were largely static and one-way, with users consuming content but not contributing much themselves.

Web 1.0 was far from perfect for the end user. But in the early 2000s, Web 2.0 emerged and introduced a more interactive and social web experience. Social media platforms like Facebook and Twitter allowed users to create and share content, connect with other users, and participate in online communities. Cloud computing also developed during this time, enabling more scalable and flexible web applications.

Today, we stepped into Web 3.0, sometimes called the “semantic web,” focuses on improving our internet experience through technologies such as artificial intelligence, machine learning and blockchain. These technologies enable personalised content recommendations and more natural language processing and the blockchain from its side, allows us to make secure and transparent transactions.

Despite the advancements in Web 3.0, there are still limitations in terms of proper user experience, such as a lack of interoperability and difficulties in navigating decentralised platforms. This is where Web 4.0 comes into play, same as Web 2.0 this will be an improved version of Web 3.0, more user friendly, more intuitive and more helpful.
Web 4.0 is expected to build upon the foundations of Web 3.0 by incorporating virtual and augmented reality technologies, which will create a more immersive and intuitive web experience.

Web 4.0 could potentially lead to a shift away from traditional websites and apps, as users interact more directly with digital content. Ultimately, its goal will be to create a seamless digital experience that is as easy and intuitive as real-world interactions. It will focus on simplifying the way of using emerging technologies which might be facilitated by augmented reality or similar technology.

However, despite the potential of Web 4.0, there is still much development needed before it becomes a reality. The future of the internet looks promising as we continue to evolve towards a more personalised, immersive, and intuitive web experience.

Meanwhile, major companies have been taking steps to move into the Web3 space even more.

For example, music streaming platform Spotify has been testing token-enabled playlists in key markets with partners such as Overlord and Kingship. Meanwhile, Facebook (now known as Meta) has been transitioning its social media platforms Instagram and Facebook to Web3 functionality, with NFTs taking center stage. Instagram is set to launch a Creator Marketplace that will enable users to sell their NFTs on the platform, and Meta is ensuring that availing of Instagram’s brand-new NFT features is as easy and accessible as possible.

These moves by major companies show that Web3 is quickly becoming a major part of the internet, and NFTs are likely to become increasingly prevalent in the near future.

Despite Web’s 3 potential for a more decentralized and secure online experience, navigating the current decentralized platforms can be challenging for users. 

Web 4 is expected to address these limitations by focusing on the best user experience and integration into daily life, leading to a more immersive and intuitive web experience for all.

The post From Web 1.0 to Web 4.0: The Evolution of the Internet first appeared on CryptoZond.

Despite the overwhelming adversity, the Ukrainian people are fighting to protect their lives and their land from the Russian aggression. They are showing remarkable resilience and determination in the face of such tragedy.

Ukraine’s ingenuity in developing innovative solutions for the battlefield has impressed US officials, transforming the country into a “real combat laboratory for cheap and effective solutions to armed conflict.” During the conflict, Ukrainian soldiers used a homemade targeting system that turned ordinary smartphones and tablets into fire control tools, resulting in more effective artillery strikes against Russian targets. Other innovative developments in Ukraine include small drones that were “modernized” to drop grenades, 3D printers producing spare parts for equipment, pickup trucks converted into mobile missile launchers, and an anti-ship missile system. US officials and analysts view Ukraine as a unique opportunity to study the effectiveness of Western weapon systems against Russian countermeasures and to gain operational experience during their intensive use.

In the midst of war, Ukraine’s innovative spirit shines through. Despite the difficulties posed by electricity shortages and the threat of rockets, many great minds in the IT industry are defending, supporting their country by producing innovative products for Ukraine and overseas.

Kyiv, in particular, has a thriving startup ecosystem and is home to many successful startups such as Reface, MacPaw, PetCube, People.ai, and Grammarly (according to ukrainian statup ecosystem).
The IT sector in Kyiv and other cities such as Kharkiv, Odessa, and Lviv count over 1,000 successful startups and product companies.

Once the war ends, Ukraine has the potential to become a major IT and blockchain hub. With a rapidly growing startup ecosystem and innovative entrepreneurs, it has the potential to become one of the Top globally.

The resilience and determination of the Ukrainian people, even in the most trying of circumstances, is truly remarkable and bodes well for a bright future for the country, especially in the Tech and Blockchain sectors.
#StayWithUkraine

The post Resilience in the Face of War: Ukraine’s Unbreakable Spirit first appeared on CryptoZond.

But seriously, Amazon is ready to make a splash in the digital asset pool and they’ve been rolling around for quite a while, trying to find the perfect NFT wave to ride! 

They’re looking for perspective blockchain-based gaming startups and digital asset exchanges to grow the business around. 

Amazon’s blockchain initiatives might include crypto games with free NFTs, as a reward for its customers. The big reveal is coming this spring, so hold our breath, and let’s see what happens!

So far, we think it’s a huge deal for the crypto world. Amazon’s customer base is massive, and they could make a tidal wave in the NFT market. But who’s leading this NFT initiative in Amazon is still a mystery for now.

And what are Amazon’s plans for Web3? It’s unclear, but they’re diving into more projects in this area. Will they compete with NFT marketplaces like OpenSea and Rarible? Time will tell.

P.S.
Amazon is quite serious about Blockchain and NFTS in general. 

In October 2022, Amazon Prime launched a new documentary series called “NFTMe” in its library. 

It profiles leaders in the NFT market and gives a breakdown of all the important info and jargon. From real creator stories to animated visuals, “NFTMe” is on a mission to educate the 98% of people who don’t understand NFTs or crypto yet. With the NFT industry expanding fast, this series is a great way to catch up and learn about the future of NFTs. By 2027, the NFT segment is expected to reach a whopping $8,412 million! (holly molly)

If you still don’t know, what is NFTs, you can found all the info in our article here.

The post Why did Amazon join the NFT game? first appeared on CryptoZond.

The new world of decentralization with all these unicorns, pancakes, bunnies, kittens, spiced up with Metaverse fiction fascinate more and more heads. Everything in there seems so fresh and promising, geeky, and fashionable at the same time.

From the other pragmatic side, whole this digital future is covered by the success of Bitcoin and mass adoption of blockchain technology by such giants, like IBM, Microsoft, Google, VISA, Walmart, HSBS, Samsung, Honeywell, etc., and grab even more attention from society.

Therefore, the decision to get involved in this crypto-world nowadays is often influenced by FOMO (fear of missing out). Psychologically people don’t want to be left aside, they already passed the stage of crypto Denial, and now trying to catch up with the high-speed crypto train. 

BUT. The majority of new crypto investors still don’t understand what they are buying, how it works (even if they think they do), and what to do next. Obviously most of them – fail, especially if they invested or got involved in scam projects.
What happens next? They land on the stage of Anger. 

Innovation brings benefits to society, but it also becomes very attractive to scammers and those who just want to quickly cut the dough by releasing low-quality products to the market, without any value. So, you should be very careful choosing where to invest, or what to use.

Latest news: “Popular decentralized finance platform Wonderland is staggered after the identity of a top executive was revealed. He was a co-founder of the failed crypto exchange QuadrigaCX and was involved in money scams, fraud, and burglary.”

Bargaining. “Just HODL”

But the main crypto drama begins when bitcoin falls and drags down most cryptocurrencies and projects. Freshly Baked investors begin to worry, blaming all blockchain-related projects as fraud.

The most persistent persons are still trying somehow to save their investments, re-investing in other projects, selling the rest of their assets to save at least something, or training their endurance with the popular crypto mantra “just HODL”. These guys landed on a stage named: Bargaining. 

Depression and Acceptance

If you are not new to crypto, probably you already passed all these 5 psychological stages of denial, anger, bargaining, depression, and acceptance. 
And when you were on the Depression stage you probably asked yourself: “Why did I mine the wrong coins, which cost nothing?”, “Why did I sell everything so early?”, “Why didn’t I buy Bitcoin when it cost 50$? ”, “Why did I buy those shitty tokens?”, “How did I miss the Dogecoin? ” etc. etc.
After years of regrets and multiple tries, you start to react much more calmly and put yourself on the stage of Acceptance.

Now, as a Crypto Jedi Master a.k.a. Yoda, you quietly observe how new padawans are hustling around. 

Check out some great Yoda Life Teachings, which also apply to Crypto.

A bit of a history

You also might remember all the noise about Bitcoin and Altcoins in 2013-14, then about ICOs 2017-2018 (smart contracts), and now about NFTs 2021- 2022.

Every time the same story, all over again. 

A similar pattern, agree?

Here is what the creator of Litecoin, Charlie Lee says:  NFTs are like ICOs in 2017 and Altcoins in 2013 – Litecoin Creator. People who have already gone through all these stages and accepted the whole crypto situation with calm and some regrets, still know that this fight is not over. Regret stories: Cryptocurrency regret

Stay tuned and Pay attention

Therefore, before investing your time and money in new projects, you must commit a significant amount of time for your research and investigation or have a trusted source who will provide you with the proper information. Otherwise, there is a very high chance lose your investments. 

For example, right after bitcoin become popular there were made more than 10,000 altcoins (most of them just bitcoin copies).

And how many are left now (proper ones)? Just a few. Same thing with ICOs, Defi, NFTs, etc. Think about it before investing. Of course, if you decide just to gamble on your luck and invest randomly, it’s your way. There are still many people who get involved in crypto just to make quick money, without any expertise or analysis. They feed the scam projects by themself and then blame the whole industry. This is human nature.

Blockchain future

So what to expect? You might remember a dot-com bubble in the late 1990s. And as you see, most of those websites are dead, but the technology actually stays with us. Same with the blockchain. There will be plenty of interesting products, as well as many frauds. The industry will grow, will change, improve and someday become “old” and die, when the other more advanced technologies will appear. Keep your finger on the pulse!

Be honest

Take a moment and be honest with yourself. At which stage on the crypto journey are you now?

Why are you angry or happy? Maybe you regret something? How do all these blockchain things reflect on your daily life? Such moments of calm and honesty with yourself often help to understand what to do next, and which way to move. Also if you do have a story to share – drop us a message.

* DISCLAIMER: All the information is provided merely for informational purposes and does not provide any investment advice.

The post Crypto-Drama. What stage are you in now? first appeared on CryptoZond.

People who have been involved in cryptocurrencies also faced obstacles and went through many stages from excitement to disappointment, or even depression. Read our article about crypto stages.

From a few topics and related forums (like bitcointlk.org) all this blockchain thing spread across the whole internet. And there is almost no one left, who didn’t hear the word “bitcoin”. But not everyone knows what it exactly is, how it works, how to use it, and what to aspect. While it’s still quite hard to predict what happens next.

We should control our emotions and actions, to not get lost in the crowd, influenced by FUD (Fear, Uncertainty, Doubt).

But where can we get some good advice? – You already know the answer. Who else can be a better life coach than Yoda? 🙂

So, let’s check out a few Life Teachings from him:

1. Be mindful.
2. Stop focusing on the negative and commit. 
3. You’re not psychic. Quit trying to predict your fate and bend it to your will.
4. You’re in charge of your future.
5. Quit being selfish and impulsive. 
6. Learn to let go. 
7. Don’t make rash decisions.
8. Be patient. 

If you want to read his teachings with the original quotes from the movies, you can find the full article here: 8 GREAT LIFE TEACHINGS FROM YODA

The post 8 Awesome Yoda’s Teachings we can apply to the Crypto. first appeared on CryptoZond.

Organically, after the success of bitcoin, and high interest in blockchain technologies, digital tokens such as NFT have also skyrocketed in popularity.  And we believe that this trend will continue in 2022, in view of the fact that many brands started to adopt NFTs (especially after Mark Zuckerberg introduced Metaverse this October).

Let’s check out some of the NFT marketplaces:

1.OpenSea

OpenSea is the Number one NFT seller (marketplace has a valuation of about $10 Billion). This place offers a large variety of assets, so you can easily browse and find the most suitable options for you. In addition, the platform has very good support for artists and is considered a market leader.

At the present time, it’s one of the best platforms to start, if you are a beginner NFT creator.

2. Binance NFT

Binance is one of the biggest and well-known crypto exchanges. And obviously, this giant wasn’t able to stay aside from the NFT trend. They launched NFT Marketplace on July 24, 2021.

Also on October 26th, 2021 they launched IGO (Initial Game Offering) which is definitely exciting news for NFT gamers. Top-tier gaming projects launched their NFT collections exclusively on the Binance platform. Every IGO has a dedicated personalized page, so it is easy for users to check the game collections and active drops.

When Steam banned all the blockchain gaming projects from their store, NFTs and Crypto games struggled to find a proper distribution platform to build a strong community and grow the fanbase. Binance saw this amazing opportunity and provided a robust foundation for a gaming metaverse, by connecting the impassioned crypto community with the best blockchain games and NFT items. They clearly pointed, that NFT and gaming will be their core focus.

3. PancakeSwap

PancakeSwap being one of the decentralized exchanges based on the Binance Smart Chain burst into the NFT world on September 30, 2021. Now you can Sell or Buy Nfts there too. They promote themselves as a transparent and safe platform with low fees. Also together with the marketplace, they launched their own NFT collections.

4. Mintable

Mintable allows you to simply convert your digital objects (file formats like JPEGs, PNGs, MP4s, PDFs, and so on) into digital assets (NFTs) that reside in the Ethereum blockchain. Mintable offers content owners to monetize their creations while also making it simple for interested investors to purchase them.

5. Solanart

While many of the NFT platforms are usually based on Ethereum, Solanart – created on the Solana network that helps every one to get or sell Solana-based NFTs.

6. Magic Eden

Magic Eden offers new NFT opportunities on Solana Network (the place that helps people to buy, sell and mint NFT). There are low fees, like 0% listing fee, 2% transaction fees, so the barriers for entry are low for newcomers, experienced investors, creators. And also simple and clean UI, which makes it easy to navigate across the website.

There are plenty of creative arts in the world. However, the main problem is that we all need to find new modern places where the creations will be shown to the public. The importance of NFTs brought a new step to the community, but the costs and technical problems that we solved to do it were proven to be a hard job.

Magic Eden has overcome the difficulties by making a more simple minting process and lowering the costs of transactions, helping non-fungible tokens (NFT) to be more accessible, affordable, and easy for everyone. Since Magic Eden has been made on the Solana blockchain, all fees are negligible due to the high throughput of the network.

7. Rarible

Rarible is a multichain marketplace, integrated with Ethereum, Flow, and Tezos blockchains. It helps creative people to sell their creations, as well as buyers to discover the best NFT(s) and become the owners. 

8. Foundation

Foundation is a marketplace that intends to create a new creative economy – a space in which NFT makers can use the Ethereum blockchain to value their work in totally new ways, as well as collaborate with their supporters.

9. Treasureland

Treasureland Market is a quite raw marketplace on Binance Smart Chain, which creates a one-of-a-kind trade platform that allows customers to experience the thrill of gold mining in their marketplace. Users may purchase, craft, trade, sell, auction, or mine NFTs via the site. But obviously, when the new platform adds a lot of attractive functionality at a time, they might suffer from technical debt. This marketplace has big ambitions and potential, but they need to work a lot on fixing existing issues, especially on UX.

10. SuperRare

SuperRare is a digital NFT space to collect and trade single-edition unique artworks. Each artwork has its authenticity, token (crypto-collectible digital item), you can own and trade them. It reminds us of Instagram+Robinhood (you can see the mixture of art, culture, and collections).

Bonus info!

Coinbase announced that they are is about to launch its own NFT marketplace. We are curious to see it and have already signed up for the waiting list, to be able to explore it with early access.

Also, there is one more interesting website to mention, called: Lazy.com and launched by Mark Cuban. It’s an online Instagram – like gallery, where you can show off your NFT’s. By simply putting the link to your NFT portfolio everywhere you wish, on your social networks, email signature, website, etc.

Moreover, we cannot ignore a few more interesting and very popular NFT projects, listed below:

1. Axie
   It an online store and is a place for the video game named Axie Infinity. Axies (characters) are specially created mythical creatures for training and pitting against each other to gain rewards. Axie Marketplace offers new creatures, lands, items, assets, as NFTs in the game. The game uses a “pay-to-earn” model, where players can earn tokens for their activity, which can be traded. Axie Infinity tokens (Axie Shards) are connected to the Binance and Ethereum cryptocurrency, so they can be bought and sold on other NFT markets and crypto exchanges. 
2. Decentraland
   Decentraland is a decentralized 3D virtual reality platform based on Ethereum that aims to encourage a global network of people to engage in a shared virtual world. Users are able to create, buy, exchange digital real estate, interact with each other and play games. Decentraland has 2 different types of tokens. The first one is LAND – an NFT (non-fungible token) used to define the ownership of virtual land and items. And the second one is MANA – a cryptocurrency that is used to buy the LAND. For example one of the virtal piece of land was sold for $ 2.4 million.
3. NBA TopShop
   NBA TopShot is an online marketplace where sport lovers are able to buy and sell highlights of basketball players. It generated a lot of noise on the start, as was made by Dapper Labs – creators of CryptoKitties. There are two types of NBA Top Shot: LE and CC. LE means Limited Edition, which in its turn means capping the current circulation shown and no addictions of the Moment. CC Moment represents Top Shots that can be mended more. NBA TopShot is based on Flow, a new blockchain designed to serve the next generation of applications, games, and other digital assets.
4. CryptoPunks
   Also you probably heard about very popular NFTs – Crypto Punks, which also happened to be a marketplace (LavraLabs), but all the tokens were sold out, and now you can buy them from “second hands” on other marketplaces.
   

* DISCLAIMER: All the information is provided merely for informational purposes and does not provide any investment advice.

The post On the Radar. 10 Leading NFT marketplaces since now. first appeared on CryptoZond.

Let’s start with the fact that Elon Musk is the richest man on the planet:

1. His total net worth is $267B* according to Bloomberg Billionaires Index as of 10 December 2021.

2. Since the beginning of this year (2020), Elon has made more than twice as much money (+$111B) as the 72-year-old Bernard Arnault(+$48B)* coming in 3rd on the list of assets and 2nd in terms of wealth earned in 2020.

And obviously more than Jeff Bezos (Amazon), Bill Gates (Microsoft), Larry Page and Sergey Brin (Google guys), Mark Zuckerberg (Facebook), and other billionaires from the list.

The significant evolution of Elon’s wealth over the last year you can check in the (Bloomberg) chart below:

3. Musk founded SpaceX, a corporation that promised to allow humans to live on other planets. And, in the ten years since launching it, he has introduced more innovation to space travel than Russia, China, the United States, Boeing, and Lockheed Martin combined in 60 years.

4. He co-founded and funded a company called SolarCity – the largest provider of solar panels in the United States.

5. Musk invested and became the CEO of Tesla. You know Tesla right? It’s an electric car company that creates environmentally sustainable vehicles.

6. Co-founded the electronic-payment company PayPal. The leading payment system in the world.

But it is one thing to become rich, and another thing to retain that wealth and manage it.

Another of Elon’s promising is Neuralink with its main goal to develop a neurocomputer interface that will make it possible to restore the sensory and motor functions of the brain and treat neurological disorders. You can read more about this project here: https://www.biorxiv.org/content/10.1101/703801v4.full

Elon’s tweets

Even serious and influential adults sometimes behave like children.
But how is it related to Elon? Well, when it comes to Twitter… Elon has a big passion for tweets. 

This is where his inner child sometimes breaks down all the barriers. And obviously, his posts generate a lot of buzz among all his followers, investors, businessmen, and ordinary fans.

His inner child gives him a superpower to chase his dreams and don’t give up when something goes wrong, making the impossible – possible. And that’s awesome! But it’s also good to remember that with great success comes a huge responsibility.

Lately, Elon’s tweets become some kind of explosive, which encourages and influences rallies on stock and crypto markets.

Just remember the Dogecoin. Musk publicly expressed his interest in and support for Dogecoin in March 2020, and then tweeted several times about it again. Have a look:

After his tweet, the price for Dogecoin skyrocketed. And when Musk tweeted a Lion King-inspired Dogecoin picture-meme, the price jumped more than 50%. That’s how the Crypto-Musk rallies began.

Check out, one of the latest Tweets about Dogecoin published on December 14, 2021, at 11:34 and how the price jumped immediately at 11:39:

Looks fun right? But unfortunately, it is not that funny for crypto and ordinary investors to monitor the news in case Elon has published another of his quirky posts. For some of them, it might be pretty stressful. 

Although it is worth treating these posts with some irony or skepticism, as apparently, this is how Musk himself feels about it. At some point, it looks like he is just making fun without any side thoughts. Or maybe…he is an Evil Genius who wants to manipulate the whole World, Mars, and the entire Universe “ Buah Ha Ha Ha!”. (Kidding)

The massive human desire for a cute little “puppy”

In one of his tweets, Elon has said that he owes some cryptocurrencies such as Bitcoins, Ethereum, and Dogecoin just out of curiosity. And reminded everyone that it’s better to invest in products with true value for the customer, not money.

But the thirst for profit and dreams of a miracle doesn’t leave people’s minds!

He has sparked an intense reaction from crypto investors, after the publication of a photo of the new Shiba puppy.

The price of the Shiba Inu coin started to soar and continued to rise until 28 October, but then after Elon’s announcement that he was not holding it, it began to fall sharply.

Dynamics source: https://coinmarketcap.com/currencies/shiba-inu/

Shiba Inu has fallen and the downward trend continues at the moment (10 December 2021):

Another attempt to hint at the origin of his doggie’s name Floki by posting a meme about Vikings having visited the Moon triggered a wave of Viking-related coins and the creation of new ones, supposedly in the name of Elon (Viking Elon, VikingsChain, Space Vikings, Elon Viking / Evikingi).

*Floki. In medieval chronicles, notes remain about the noble Norwegian navigator and explorer Floki Vilgerdarson. The historical document The Book of the Settlement of Iceland mentions him as a great Viking.

Read about some Elon inspired coins and tokens in our article: “Top 5 November Crypto Gainers and Losers”

As you see, the tweet was published on November 3. And now look at the dynamics of SpaceVikings for 3 November:

On the wave of hype and articles about it being a meme, SpaceVikings jumped 3 times, but then it showed terrible speculative volatility, so you can draw your conclusions about the reliability of such an investment.

One of the latest Elon’s posts, dated 4 December 2021, hints that he is being ” chased ” directly with offers to buy a particular cryptocurrency, such as web 3.0 crypto (which include Helium, Flux, Filecoin, Polkadot, Kusama).

How are these cryptocurrencies different from conventional ones? For example, Helium applies blockchain and physical hotspots to help clients access wireless internet around the world. Sounds interesting, but it could be another big bubble, so Elon Musk doesn’t want to give people any reason to think that the price of these coins will skyrocket and we should buy them.

Although it’s a bit crazy when the price of meme-currencies he doesn’t even own and never heard about skyrocket, when new ones are created based on someone else’s associations with his words, or just by simply adding his name to any word (Mars SpaceX, Elonomics, DogElonMars, and hundreds of others).

Every letter in his tweet will be disassembled and interpreted in different ways by adventurous nuts (and of course, it is just a simple coincidence that they are the creators of the currency they advertise).

Therefore, dear readers, do not fall for gossip and attempts to manipulate the public consciousness using rumors. Don’t believe everything you read. Look at the facts and think with your brains. 

Another thing to remember is that Elon sometimes may publish silly jokes, memes, or other ridiculous things with and without significant meaning, just like the rest of us. And it is all up to you how you respond, behave, or believe.

But… Damn. He loves that attention! 🙂

Your Name *

Email *

Cryptozond Website Policy *

• I agree to the Terms and Conditions, and Cookie Policy.

By subscribing you are certifying that you have reviewed and accepted our updated Privacy and Cookie Policy. https://cryptozond.com/privacy-and-cookie-policy/

Submit

The post Powerful tweets. How is Elon Musk Playing with Crypto? first appeared on CryptoZond.

So, what the hell is this Token? The answer is quite simple: this is a blockchain-based unit that represents a unique digital asset and verifies ownership.

Just like cryptocurrencies, tokens are stored on the blockchain, but compared to cryptocurrencies, they are unique (not fungible). Coins don’t have this quality; many individuals can buy, possess, transmit, and receive a coin (bitcoin, litecon, dogecoin etc.); nevertheless, NFT is the single instance, a one-of-a-kind thing, and only one person will own it.

For example:

–  You made a unique photo – this is your digital asset. 

–  You are the author of this image – you own it. 

–  In order to sell it, you need to issue a Token to confirm the ownership of the digital asset (photo). In Layman’s terms, we can call it a “digital certificate of ownership, contract”.

–  Now you can set a price for your Token and sell it. That means you will transfer the ownership for your picture to another person, for the named price. And thanks to the blockchain, such transactions will be carried out quickly, conveniently, and reliably.

The first and fundamental blockchain network to store NFTs was Ethereum, but right now, there are a ton of others, including Bitcoin Cash, Cardano, FLOW, GoChain, Solana, Tezos, Polygon, Klaytn and that’s only the tip of the iceberg. The same story with marketplaces, you can sell and buy NFTs on platforms like Opensea, Axie Marketplace, Lavra Labs, Rarible, Superare, Mintable …. and others.

Can I create an NFT of something other than an image?

Yes, images are one of the most popular digital assets today, but you can tokenize almost anything, including video, audio tracks, services, securities etc.

There are already non-official NFT types in place:

• Collectibles tokens – are collectible items with the goal of building a collection that will rise in value, be admired, and cost more over time (exp. ​​CryptoPunks, CryptoKitties, BoredApeYachtclub).
• Access NFTs – allow people to have an exclusive experience, like attending online or offline events such as concerts, webinars, or participating in voting by verifying their identity and tickets.
• Digital Art NFTs – tokenized artworks like paintings, pictures, memes, doodles, etc.
• Game assets– in-game objects such as weapons, avatars, or any kind of accessories that may be used to fulfill quests or sold to other players for a profit.
• Property rights – the individual grant of access or ownership to specific files (like songs, audio tracks etc)
• Digital identity – identity-based NFTs which can be used to prove and validate a person’s records and ensure that individuals can store confirmation of their identity without fear of losing it.
• Physical Assets – tokenization of real-world commodities as land, real estate, or any other tangible products by applying cryptographic proof of ownership.
• Domain Names – decentralised naming, like ENS or Unstoppable Domains, which can turn long and complicated addresses into a flexible and user-friendly experience.

Despite such immense popularity, digital tokens are still new to the tech world and are weakly regulated. Taxes, anti-money laundering rules, secure custody, industry knowledge, and interoperability are important considerations when dealing with NFTs, especially when large funds are involved.

As a result, before making any investments, always conduct your own investigation. Also, please keep in mind that the material in this article is not investment advice and should not be construed as such. 

The post Famous NFT. A simple explanation and classification. first appeared on CryptoZond.

Dozens of new tokens and coins are created around the world every day and promise quick earnings to potential investors. But usually, there is no easy money, and often such investments end without profits. After all, the vast majority of these tokens lose value within a few months or even weeks.

Despite this situation, hype coins have become a favorite investment for millions of people.
In fact, some of them have great potential, but it is not always easy to predict which one. Investing in strong well-known coins or crypto market leaders has a very good chance of profit, in the long run, but short-term games usually aren’t that shiny.
At some point, the whole cryptocurrency game is like gambling, you never know if your portfolio will rise or fall.

So let’s see the TOP 5 November Gainers and Losers according to Coinmarketcap.

Top 5 November Gainers:

1. Mars Space X  – MPX. Another sh*t coin inspired by Elon Musk’s project (Space X). According to the website, its goal is to provide stable and continuous capital output to the Mars Project. But no information on how it will be proceed, no road map, nothing – just fantastic stories! On the website they point that the participants should receive high dividend rewards for holding the X coin, a total profit of 6%, that %4 will be invested in scientific research, 2% on marketing, and 2% on Starlink project. Sounds like a fairytale, but you probably can guess how truthful it is.
   
2. Pulsar Token – PULSAR. Pulsar Token – elastic supply Rebasing Token, deployed on Binance Smart Chain(BSC BEP-20), which uses a negative rebasing to reduce the total supply of tokens in order to increase the value of each token over time. There is not much information about this token online and their website is down right now. But you can find some information about it on Reddit to make your mind about it.
   
3. Chain – CHN. Chain is a cloud blockchain infrastructure that helps organizations to build better financial services. It is based on Chaine Code open-source blockchain and Sequence. The protocol defines how assets are issued, transferred, and controlled on a blockchain network. Clients can receive discounts and pay for commercial fees with Chain Tokens (CHN) and participate in community protocol to access premium features. They put some effort into the website and content, but there is no info about the development team and the press releases are 2 year old.
   
4. Solar Energy – SEG. Solar energy is a deflationary BEP20 token from Binance Smart Chain, self-sustainable with a decentralized ecosystem and the objective of creating Photovoltaic Power Plants in Brazil. The main purpose is to meet the needs of traditional investors and adapt to the world of crypto actives. It has $BUSD as a reward for investors, in addition to the profit-sharing of the Power Plants. As usually no team, white paper is unprofissional, made on “rush”. Legit or not, you decide.
   
5. Fountain – FTN. It is a cryptocurrency that operates on the Ethereum platform. Fountain is creating a win-win, sustainable content ecosystem. Rewarding FTN based on each user’s contribution (PoC) to the community, allowing the profit of the content to eventually return to the creator. The main idea is that any participant who contributes to the development of the community should receive proof of contribution, unlike users in traditional content communities (like Quora) who make a huge contribution to the community but can’t get valid proof of contribution and reward. Nevertheless, the last post on Twitter was published in 2018, and the coin price was very low, but somehow it jumped to the moon just in a week without any reason, which is suspicious.

Top 5 November Losers:

1. Cheems Inu – CINU. This token is powered by memes and is the meme itself. Its main idea is to combine Memes & Crypto to bring both LOLs and money to the masses of the internet. It has a high supply, to assure that everyone can get in and own a substantial stake in Cheems Inu.
   
2. Gouki Inu – GOUKI. It is a decentralized Anime Meme token, based on a fictional character and secondary antagonist of the fighting game Street Fighter. The dev team decided to create a direct fork of Pancakeswap, named GoukiSwap and plan to create NFTs and additional tools as well. Let’s call it full package.
   
3. Elonomics – ELONOM. Again, Elon Mask-Inspired tocken. Elonomics as a rebasing token which is based on elastic supply smart contract. It’s also one of the million copy-past tokens, with no utility, but with fun memes.
   
4. Squid Game – SQUID. Another cryptocurrency which was founded by scammers. Was created as a meme coin inspired by the Netflix show and based on Binance Smart Chain’s BEP-20 standard, with a finite supply of 1 billion tokens. By already created tradition of the most tokens, the team behind the Squid game token are nameless and faceless. Spiced up with a secret this coin made a lot of noise, as investors had no ability to sell it. Seems like right now, the project is ostensibly run by the crypto community after the initial rugging allegations. But, please do your own due diligence.
   
5. ArmzLegends – PROT. It is a Play to Earn NFT game on Binance Smart Chain. The game goal is to provide a fun experience, create a community around it and earn some financial benefits. They also launched an NFT collection, which is possible to mint.

This is a small overview for November gainers and losers according to Coinmarketcap. But before investing in any coin or token, do some investigation on it and then decide what to do. There are millions of coins and tokens, but just a few have a proper value. Anyways, you can play at your own risk.

* DISCLAIMER: All the information is provided merely for informational purposes and does not provide any investment advice.

The post Most Popular. Top 5 November Crypto Gainers And Losers first appeared on CryptoZond.

Ok, let’s take a closer look at what Blockchain is. It is a technology for storing data in the form of sequentially connected blocks on a network. The term “blockchain” itself comes from two English words: “block” and “chain”. Similar technology was introduced back in 1991 by Stuart Haber and W. Scott Stornetta. The objectives of this technology were to distribute computational operations and ensure the decentralization of information storage.

However, the blockchain became famous worldwide after Satoshi Nakamoto showed how certain technologies can be used and created a new system in the field of finance.The history of the use and further development of the blockchain began after the appearance of bitcoin in 2008.

The purpose of the blockchain is to record and disseminate information, but not to edit it. Therefore, the blockchain creates a place for transaction records that cannot be modified, deleted, or destroyed. For this, the blockchain has become known as DLT – distributed ledger technology.

The essence of the blockchain boils down to the following:

• it is a special and unique type of database;
• the main difference from a conventional database is that the blockchain stores information in its own way: several blocks that form a sequence;
• new data is entered into a new block, and after the block is filled with data, this block is linked to the previous one, and then the data is combined in chronological order into a chain;
• the blockchain stores various types of information, but the most common use is a ledger for cryptocurrency transactions;
• the use of the blockchain is decentralized, so neither a person nor a group of people has personal control over it, but all users retain control collectively;
• the entered data cannot be changed, since decentralized blockchains are unchanged.

So, how is blockchain used nowadays in our life?

Several companies have already successfully implemented this technology. Such as Siemens, Unilever, Pfizer, Walmart, AIG, and many others. Well-known company IBM has developed a blockchain called Food Trust, to be able to track the trajectory of the path that food takes to reach its destination. This is done in order to track the routes of certain food products from their origin to final delivery. If the danger of infection is detected, it is possible to check when it happened and eliminate the source of infection. All this gives much more safety and a guarantee in order to protect the population from the spread of certain infections and other diseases.

Let’s have a look at examples where blockchain is used in daily human life:

1. Finance and banking. After integrating the blockchain into banks, customers will be able to see the speed of transaction processing (no more than 10 minutes), regardless of weekends and holidays. Blockchain also allows you to quickly and securely exchange certain funds between organizations and institutions. Due to the big amount of money in transit, it entails significant risks and costs for many banks. For example, the European bank Santander, together with partners, has estimated significant savings of $ 15-20 billion per year. And French consultancy Capgemini similarly estimated that consumers could save up to $ 16 billion annually in insurance and bank fees using blockchain.

2. Easy and secure transactions. Blockchain is the foundation for Bitcoin and other cryptocurrencies. During the proliferation of transactions across a network of computers, blockchain allows other cryptocurrencies to operate without the need of the Central Bank. This eliminates numerous processing and transaction fees and also reduces risks. It is especially important to use cryptocurrency wallets as a way of payment or for savings accounts if there is no government identification.

3. Medical records. Blockchain can be used to store patients’ medical information. After generating and signing a medical record, it can be added into the blockchain. This provides an assurance and patient confidence that the record cannot be altered. Medical records can be encrypted and stored on the blockchain with a private key, thereby making them completely confidential.

4. Property accounting. The process of registering property rights is a bit of an ineffective process, riddled with many human errors and inaccuracies. Blockchain can eliminate the need to scan documents as well as track physical files at the local office registration. Ownership stored and verified in the blockchain gives owners the assurance that their documents are constantly being recorded and always accurate.

5. Smart contracts. A smart contract is a computer code that can be integrated into the blockchain to facilitate, verify, or negotiate a contractual agreement. Smart contracts are valid only on the terms with which users agree. Once these terms are fulfilled, the terms of the agreement are automatically confirmed.

6. Supply chain. In the case of the Food Trust example from IBM, suppliers can use blockchain to record the transition and quality of materials. This could allow food companies to authenticate their products with labels such as Local, Organic, and Fair Trade. According to Forbes, the food industry has become the most frequent in using the blockchain to track the path and safety of food from farm to consumer.

7. Voting system. Blockchain can facilitate the modern voting system. In such a case, when implementing blockchain, voting has the potential to eliminate electoral fraud and increase voter turnout. This was tested in the West Virginia midterm elections in November 2018. Blockchain has made votes nearly impossible to fake. The blockchain protocol maintains the transparency of the electoral process by reducing the number of staff required to conduct elections and provides officials with near-instant results.

What are the advantages and disadvantages of blockchain?

Advantages:

– Highest accuracy of transactions and payments. A blockchain transaction must be verified by multiple nodes, so this can reduce errors. If an error is detected in one node in the database, other nodes will detect that and do not take further steps with the error. The same cannot be said for a traditional database, since if a mistake is made, the likelihood of its repetition may be higher. Each asset is individually identified and tracked in the blockchain ledger. Therefore, it is not possible to double-check.

– There is no need for intermediaries. Two parties who started a transaction using the blockchain may not resort to a third party when they confirm and complete a particular transaction. Hence the savings both in time and in the costs of paying the bank.

– Additional security. Blockchain is able to prevent individuals from committing fraudulent transactions. In order to hack the system and gain access to the data, scammers will need to hack into every node and change every “block”. Cryptocurrency uses so-called “proof of ownership” or “proof of work” in their network, which makes it difficult to commit fraud in the transaction. 

– More efficient translations. People can now transfer money and assets very efficiently, and internationally. There is no need to wait for manual confirmation by a bank or government agency as blockchains work 24/7.

The disadvantages include the following:

– Transaction limit. There is a certain limit to the speed of movement of the blockchain. For example, the processing speed of the Ethereum cryptocurrency is 20 transactions per second, while Visa usually makes 1700 transactions per second. As the number of transactions increases, network speed issues and costs arise.

– High energy cost. A single database or spreadsheet requires significantly less power compared to running all nodes to validate transactions. That means the transactions become more expensive and also create a large carbon burden on the world environment. Many professionals are deviating from some blockchain technologies, in particular from bitcoin. As example: Elon Musk stated that Tesla would not be able to accept Bitcoin because he was concerned about environmental damage.

– The risk of losing assets. The protection of digital assets is ensured with a private key that must not be lost. The system is decentralized, which means that you cannot restore your password by calling the central authority with a request to restore access. So if you lost your key, you lost your access FOREVER without the ability to restore it. 

– Possibility of illegal activity. The confidentiality and anonymity of the blockchain attract criminals, whose activities are much more difficult to track than through bank transactions tied to a name. 

Thus, blockchain is becoming more and more popular thanks to bitcoin and other cryptocurrencies. It is able to make business and government transactions more accurate, efficient, secure and cheap with fewer intermediaries. Today, there is an increase in the number of NFTs and the tokenization of assets. The coming decades will prove to be the most important for the growth and development of the blockchain.

* DISCLAIMER: All the information is provided merely for informational purposes and does not provide any investment advice.

The post A New and Exciting Era of Blockchain. Are you in? first appeared on CryptoZond.