Latest Stories
Most recently published stories in The Chain.
NFTs, Environmental Impact and Checking your Sources
It is often brought up how NFTs are bad for the environment. How is that possible? It's like saying using my computer to read articles online is bad for the environment, right? Unfortunately, as with all things, it is more complex. While both the contents of an article and the existence of an NFT are both inherently inert bytes of data, much of the functionality of the NFT is in the smart contracts that are attached to it. According to IBM, “Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met.” In the case of NFTs, the smart contracts are attached to the tokens and when NFTs are bought, sold or have actions performed on them in something like a blockchain game, the smart contracts trigger, much like one would set up automation steps in IFTTT.
By Rachel L. Reges4 years ago in The Chain
Support Your Favorite Content Creator Directly on the new NFT Social Network Momento
Have you ever thought about how cool it would be to own something that your favorite content creators or celebrities created? As social media explodes, content creators have more value than ever, so surely what they make has value too...but only to a certain extent. With so many creators dependent on brand deals or ever-changing social media metrics to make a living, the chances that you might miss out on authentic content from your favorite web personalities rise every day.
By Edmund Morgan4 years ago in The Chain
NFT Ecosystems 101: Currencies, Wallets, and Marketplaces
Before you read any further, please note that this isn't a detailed how-to guide on how to buy your first NFT. I'll save that for another article. Furthermore, none of this is financial advice. When I talk about what's "interesting", "the best", "my favorite", or "recommended", it's all from the perspective of a curious collector, admirer of art, and member of the NFT community.
By Christian Jensen4 years ago in The Chain
A Quick guide on White Label NFT Marketplace
NFT Marketplace The future is going to be digital and virtual and cryptos and NFTs will be taking a major role in the digital world because of blockchain technology. In that way, all the digital assets like music, images, arts, games, metaverse, etc. are going to be in NFT. This NFT and virtual world is going to rule all for the next few decades. The growth of NFT has made a revolution in the digital world in the past five years and it is getting better and better every day. The result of the NFT growth has made the Corporate giants launch their NFTs and Marketplaces. The future of the NFTs and Crypto market is unpredictable but one thing, this is attracting all the youngsters and the popularity is growing rapidly. NFT Marketplaces were first built on any one specified blockchain network and Ethereum is the first blockchain to have the NFT Marketplace was built but now the NFT Marketplaces runs on a cross-chain platform that runs on multiple blockchains.
By Daniel Griffin4 years ago in The Chain
NFTs' Branding Problem: They're So Much More Than Art and Avatars
Regardless of how deeply you're immersed in the space, I take it you've heard the term 'NFT' a lot lately. It seems to have become buzzword of the year in record time. Most people who don't spend hours on crypto Twitter every day think of CryptoPunks, Beeple's $69 million artwork, or perhaps the Bored Ape Yacht Club as they've attracted some mainstream attention lately.
By Christian Jensen4 years ago in The Chain
The No-Tech Introduction to NFTs
Still trying to make sense of these NFTs you keep hearing about? Don't worry, you're not alone. I'm often asked about NFTs, what they are, how they work, and why they matter. You'll find plenty of explanations of how the blockchain, smart contracts, and all that stuff works. You won't get that from me though.
By Christian Jensen4 years ago in The Chain
Tips on Avoid Crypto Scams
As with everything that is money-related, there are plenty of scams involving cryptocurrencies out there. Some are phishing scams, and others involve money transfer fraud. There are even fake sites and applications that pretend to be legitimate companies to steal from you. It is a good idea to make sure that you are aware of the possible scams before you invest, so you can protect your money as much as possible.
By Caroline Egan4 years ago in The Chain
4 Benefits of NFTs for Creators and Artists
In a previous article, I wrote about how NFTs enable the market for digital collectibles. I've also covered how people's desire to collect in the digital world can be explained by all the same emotional and cultural factors that make us collect in the physical world. Digital collectibles are arguably so similar to physical ones at a fundamental level that there's no reason why they wouldn't become an integral part of our lives in the years to come. People wanting to truly own their digital assets just makes sense.
By Julia Byers4 years ago in The Chain
Have you added the buy now pay later crypto payment method?
BNPL or otherwise known as Buy Now, Pay Later has become a popular payment method amongst e-commerce users – since the pandemic surprised us. During 2020, the opt-in of installment payments has increased by 55% in Spain. This concept does not only allow consumers to pay for their product with a delay and with no interest or hidden additional fees. This also in turn benefits merchants in being competitive, increasing conversion sales, and attracting new and lasting customers. This option of buy now pay later crypto is perfect for the younger generation, specifically for those who don’t have or don’t want credit cards and those clients who use mainly digital currency as payment methods.
By harshit verma4 years ago in The Chain
NFT Collectibles - The New Trend of Non Fungibles
NFT is the digital medium to upgrade the collectibles. To begin with, let us know what does it stands for. It is Non-fungible token. It can take various forms like, photographs, music, websites, apps, etc. To put it in simple way, it can be explained as selling a digital art. Nowadays collectibles are turning digital and increasing its market value using this technology called the NFT. It is a platform that has helped to rise to a higher level. There are various apps too that list and compare the prices, which helps grow business industry. No wonder these can be regarded as digital assets in this modern technology.
By Rachna Singh4 years ago in The Chain
4 Benefits of NFTs for Creators and Artists. Top Story - November 2021.
In a previous article, I wrote about how NFTs enable the market for digital collectibles. I've also covered how people's desire to collect in the digital world can be explained by all the same emotional and cultural factors that make us collect in the physical world. Digital collectibles are arguably so similar to physical ones at a fundamental level that there's no reason why they wouldn't become an integral part of our lives in the years to come. People wanting to truly own their digital assets just makes sense.
By Christian Jensen4 years ago in The Chain
How to Develop your own Cryptocurrency Wallet?
The term cryptocurrency changed from a niche term into an overnight sensation. In the past two years, nearly everyone has heard about the term or has a general idea about the word. The popularity of Bitcoin made it a necessity for people to store their coins in a secure location. The answer to this need was the creation of a crypto wallet. A crypto wallet functions are similar to a traditional wallet as they both provide you with a safe place to store money.
By Linda John4 years ago in The Chain
