Anyone keeping track of NFTs will no-doubt have seen the recent news of the Twitter boss, Jack Dorsey’s, NFT sale. Not only does this highlight the ability to sell tweets as ”Twitter NFTs”, it is also emblematic of how NFTs can bridge digital content with digital ownership. Moreover, it also serves as a striking reminder of the past few months’ NFT boom and following hype. Read on for a full breakdown of the Jack Dorsey NFT sale, all of the backstory associated, as well as the potential implications this carries.
Terra is a smart contract-enabled blockchain that harnesses the utility of the Cosmos project CosmWasm’s technology. Powered by the native Terra LUNA coin and the TerraUSD coin (UST), the Terra blockchain has become a compelling building ground for blockchain-based applications. Terra has created an all-in-one payment solution using a variety of user-friendly tools to enable businesses to implement blockchain technology to accept and automate Terra payments without intermediaries. Furthermore, Terra utilizes a dual coin system to incentivize arbitrage opportunities. This has helped contribute to the growth and adoption of the Terra network and both the LUNA coin and the UST coin. Also, Terra is responsible for the development of several successful crypto projects, including Mirror Protocol and Anchor Protocol. Moreover, the success of these projects has incentivized the rapid adoption of the Terra LUNA coin.
Filecoin is a blockchain-based, decentralized storage network, powered by the Filecoin token (FIL). Following a successful initial coin offering (ICO) fundraising round in 2017, the mainnet was launched in late 2020. Since then, Filecoin has seen immense success and media attention in the crypto community. So, what is Filecoin doing to become so popular? Perhaps it’s because Filecoin allows users to monetize spare storage on their hard drive, and earn a passive income with crypto. Or, maybe it’s because Filecoin has designed protocols with a lot of potential for the future. Let’s find out!
eChain is a blockchain-powered solution for supporting various business processes. Renowned for blockchain-based supply chain management services, VeChain keeps track of each stage of the chain, ensuring quality and compliance measures are adhered to. VeChain uses physical tracking devices to track each stage of the supply chain. With records held on a transparent immutable ledger, this ensures that goods and materials reach their destination without being tampered with. Powered by the VeChain (VET) token, the VeChain Foundation is helping to bring digitally verifiable provenance to supply chains. This is achieved with the help of the VeThor Token (VTHO) and the proprietary VeChainThor blockchain. But, what is VeChain doing to become so popular? VeChain is pioneering blockchain supply chain management, carbon credits, and anti-counterfeiting services.
Scalability has been an issue related to the Ethereum blockchain for years, so the next time you hear terms like Sidechains, Plasma, Channels, or Rollups, you’ll no longer have to wonder what they mean. These are all proposed solutions to help Ethereum scale. Moreover, so-called Layer-2 solutions are widely seen as potentially holding the keys to helping Ethereum to scale and reduce Ethereum gas fees.
Harmony is an interoperable sharding protocol offering a two-way Ethereum bridge. Powered by the Harmony One token (ONE), the Harmony blockchain is an independent blockchain designed to enable ultra-fast transactions and interoperability as an advanced layer-2 solution for Ethereum. Harmony makes it easy for developers to build and scale creative, intuitive decentralized applications (dApps) that enable frictionless, cross-chain token swaps.
Soon, the days of complicated international phone expense reports, frequent travelers purchasing multiple local SIMs and numbers, and phone companies charging extortionate prices for users to access online data abroad, could be gone. This is thanks to DENT Wireless, or colloquially known as simply ‘DENT’. DENT aims to become “your new digital and global mobile operator”. Through the DENT Network, anyone across the world can access the tokenization and trading of mobile minutes and data bundles through the DENT Exchange. This is made possible thanks to blockchain technology and the native DENT token.
To say that blockchain interest has been warming up in the last few years would be an understatement. Rather, thousands of high-profile companies all around the world are already putting their money where their mouths are and are investing in blockchain technology. Nevertheless, the blockchain industry still has some growing pains to fully go mainstream. One of the largest challenges the blockchain industry needs to clear is achieving something known as blockchain interoperability. Put simply, different blockchains have a hard time talking to each other – something oftentimes referred to as ”cross-chain communication”.
Holochain provides foundational technology to allow people to connect with one another, with a choice of what data they share. As such, Holo is creating a bridge platform between users of Holochain and the traditional internet. Also, Holochain is seeing increased adoption welcoming new Holochain applications (hApps), offering developers an efficient and cheaper alternative to blockchains. Moreover, this has been achieved with substantially lower upfront and running costs, instant transaction finality, and without traditional consensus algorithms. All this is possible thanks to Holochain’s distributed hash table (DHT). Also, the Holo token (HOT) reached new all-time-highs recently as the Holochain platform has gained industry-wide recognition.
Absolutely. You can upgrade your plan at any time.
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No, you will be able to start your journey with a programming bootcamp where you will learn all the programming basics you need in order to continue with other courses. All you need is the right mentality.
The learning experience you get in the Academy cannot be compared to anything else out there. Youtube can bring you some of the information, even though it often is fragmented, outdated or hard to follow for beginners. We have spent the time to create a complete package that you can follow step by step, where we guide you by the hand and push you to learn and practice.
Regardless if you’re interested in switching career field, investing or just exploring cutting edge technology, the knowledge you’ll acquire here is unique, rare. After graduating from the Academy, you will be among the top 1% in terms of cryptocurrency and blockchain knowledge.
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Are you interested in learning more about cryptocurrencies and blockchain? Good, on the Moralis Academy blockchain blog our experts cover everything there is to know about blockchain – from investing strategies to educational content. There is something for everyone here at Moralis Academy. We have over 500 informational articles that you can easily browse through with our added filters. Switch from DeFi, NFTs, and cryptocurrencies instantly or just use the search bar and find a specific article. Don’t be surprised by our constant inflow of crypto news as we cover the whole industry. We upload new content on a daily basis as the blockchain industry is continuously evolving. With us, you’ll always be ahead of the competition.
Whether it’s Ethereum news, Bitcoin news, or new altcoins, Moralis Acadamy is here to write about it. We cover everything from the top 10 list but also most of the lower market cap coins as well. The rankings are changing almost all the time with some having their own blockchain and different functions. It can be hard to monitor every corner of the crypto space but we at Moralis Academy make it easy for you. With just a click of a button, you can subscribe to our blog and get the latest posts sent to your email, and you don’t have to worry about staying up to date. If you feel that you gained something from our content, feel free to share the article and be part of growing the community together with Moralis Academy.
