The decentralized finance (DeFi) sector is arguably hotter than ever, and has grown at a tremendous rate in the past year. In fact, the DeFi industry has grown from around $1 billion in Total Value Locked (TVL) in March of 2020, to around $38 billion as of today, according to DeFi Pulse. This highlights how the DeFi industry is one of the hottest trends in crypto and how money is pouring into the sector. Not only has the amount of money locked in DeFi projects increased, so has also the number of decentralized applications and solutions. However, the sheer number of various alternatives creates problems for users, as functionality becomes spread out across many different platforms. To make the users’ lives easier, we have been provided with a solution in the form of Instadapp.
As transaction fees on the Ethereum Network push new highs, the competition between smart contract-enabled blockchains is heating up. Ethereum has long been the go-to platform for decentralized applications (dApps). The network effect of Ethereum and Ethereum-based dApps has been a catalyst in creating an environment where developers can program money in innovative new ways. Without the success of Ethereum over the years, the demand for smart contract-enabled blockchains would likely be substantially lower. However, several new projects, including those established by founding members of the Ethereum team, have created compelling alternatives to the number one decentralized finance (DeFi) blockchain. Blockchain-based smart contract platforms are becoming fiercely competitive in their adoption and utility. But, what are the differences between these blockchains and smart contract development platforms?
Non-fungible tokens (NFTs) have seen an immense surge in interest and trading volume over the past few months. Various celebrities have begun promoting different new NFT products, and recently, an artist is even selling their latest album constructed of 10 NFTs. In addition to celebrity collectibles and album downloads, NFTs can come in many different shapes and forms. Consequently, as a natural technological progression, a growing number of NFT marketplaces are emerging as a space to buy, trade, and sell the different types of unique digital assets available. This is why we’ve compiled this ultimate 2021 guide to NFT marketplaces!
Binance Smart Chain has been all the rage during the past few weeks. In fact, daily transactions on Binance Smart Chain overtook Ethereum last week. In addition to this, Binance Coin (BNB) has struggled for the place as the third-largest crypto by market cap with Tether in the past weeks. As such, it’s high time to take a look at all the DeFi buzz surrounding Binance Smart Chain, and to look closer at Binance Smart Chain’s BEP-20 token.
Ferrum Network is a decentralized finance (DeFi) platform designed for cross-chain interoperability and high-speed transactions in a user-friendly, intuitive service. The Ferrum product line includes several features, including a fiat gateway, a crypto exchange, crypto custody, an integrated wallet, risk-free over-the-counter (OTC) trading, and peer-to-peer payments. Furthermore, Ferrum Network features a mobile messaging app service that allows users to send crypto payments by text! The native Ferrum Network utility token (FRM) plays a crucial role in the Ferrum Network ecosystem. Also, the FRM token is the primary asset used in the Kudi app, which has become popular in West Africa. As the platform sees increased adoption, the FRM token and the integrated UniFyre Wallet are becoming an important part of everyday life for many people.
The blockchain-based digital identity project Ontology was created to remove barriers between businesses and blockchain technology. This has been made possible through the use of both the Ontology Gas (ONG) and Ontology (ONT) tokens, powering the Ontology blockchain. Moreover, the project is currently being used in cutting-edge technological developments across an array of industries. Many partnerships suggest big things could lay ahead for the Ontology blockchain. But, what features actually exist within the Ontology blockchain ecosystem? How do the Ontology Gas token and Ontology token generate a passive income, and why has Ontology seen so much recent success?
Tokenomics study how cryptocurrencies work in the broader context of crypto ecosystems and the related policies. Specifically, understanding tokenomics if you want to understand the crypto market better, to one day be able to become a top-notch crypto investor, it’s better to do your own research. But what does that mean exactly? We always hear influencers qualifying their coin picks with, “this is not financial advice, do your own research.” However, it does little good if you don’t know where to start researching.
BakerySwap is a next-generation automated market maker (AMM) and decentralized exchange (DEX) on Binance Smart Chain (BSC). Powered by the native BakerySwap token (BAKE), BakerySwap is one of several new protocols to combine many popular features into a single, easy-to-use platform. By providing liquidity to the BakerySwap protocol, users earn BAKE rewards from trading fees. Also, BAKE can be used to vote in protocol governance proposals. BakerySwap is a multi-functional crypto hub that offers a range of decentralized finance (DeFi) services, along with a crypto launchpad and non-fungible token (NFT) supermarket.
Spartan Protocol is a community-driven automated market maker (AMM) that facilitates synthetic asset creation, incentivized liquidity, and asset swaps. One of many recent features of the ever-expanding Binance Smart Chain (BSC) and Binance ecosystem, Spartan Protocol uses the native SPARTA token as a common base asset across the platform. Furthermore, the SPARTA token creates an internal pricing system, meaning the project can operate without the use of external oracles.
Absolutely. You can upgrade your plan at any time.
No worries, there are no long-term commitments or complicated contracts. If you decide that Moralis Academy isn’t right for you, you can cancel your account at any time.
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.
Read about our students success stories here
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.
