Autoglyphs are incredibly unique because traditionally, the actual picture files linked with blockchain art are generally housed in a database, meaning outside the blockchain.
Yearn Finance is a suite of Ethereum-based protocols allowing users to maximize their asset holding by lending / locking their capital into vault strategies. It is commonly known as yEarn, an Ethereum Blockchain-based yield aggregation platform.
Decentraland is a metaverse based on Ethereum. You can purchase land, build structures on top of it, visit & play with your friends.
1inch is a DEX aggregator. It scans most of the decentralised exchanges for the best costs and routes the trades of users across them for securing the best prices.
The Sandbox is a community-driven platform where creators can monetize voxel ASSETS, and gaming experiences on the blockchain.
Why is the Bored Ape Yacht Club transforming into a hot NFT investment? We might be able to draw some conclusions for future NFT collections based on their features and price. Then it would be much easier to invest in an NFT that could increase in value by 1000X or more!
Lending tokens on Compound is a terrific method to earn compound interest on your crypto assets over time. Compound presently hosts 14 pools of various cryptocurrencies, including Uniswap, Ethereum, and DAI stable coins. Each of these pools has its borrowing and lending interest rates, which are the same regardless of how many tokens are supplied or borrowed. In addition, you are allowed to keep your position in a pool when you want to and then withdraw your funds whenever you wish.
MakerDAO is an Ethereum-based decentralized credit platform supporting Dai, a USD-pegged stable coin. Maker lets anyone create a Vault, deposit ETH / USDC / BAT as collateral, and then get to produce Dai as debt for that collateral. A stability fee (i.e., continually collecting interest) is charged on Dai debt and is paid upon return of the borrowed Dai. That MKR, as well as the repaid Dai, is then destroyed.
When it comes to NFT marketplaces, we have different platforms that cater to various segments of consumers and projects/companies alike. In this edition of Down the Rabbit Hole, we cover a significant NFT marketplace – Rarible, which is heavily focused on individual creators, artists, and NFT enthusiasts.
NFTs are starting to become the evergreen trend, these non-fungible digital assets are being auctioned at the speed of light. When it comes to platforms that are built for the masses, OpenSea stands out.