Non-fungible tokens (NFTs) seem to grab the headlines quite often. The world is increasingly dominated by news about NFT releases and crypto artists getting rich overnight. But what are NFTs, what are the changes we’re experiencing so far in the art world, and what can we hope for from the future of this new innovation?
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This is not a secret anymore, like it is not some kind of operations running in the dark world, world of finance is changing and everyone can see it, but what may come as a surprise is how quickly digital transformation is evolving traditional financial system. The emergence of decentralized finance, otherwise known as DeFi has paved the way for a new era of financial systems that are digital, liimtless and borderless.
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In recent years, there has been a notable change in the way people work. Many individuals now prefer remote jobs offered on freelance platforms. This shift is motivated by various factors, such as the convenience and flexibility remote work provides. Additionally, advancements in technology have made it simpler to connect with clients and collaborate with colleagues regardless of geographical location.
One such technology that has further pushed the limits of remote work is web3 technology.
Fiverr’s latest survey on freelancers in Web3 shows that about 54% of freelancers earn an additional $2,600 to $5,200 per month by selling their Web3 skills and they find it more convenient to work for web3 startups and platforms.
Freelancers are optimistic about Web3 opportunities as it allows them to have a fully immersive work experience centered around their convenience and giving them all the credit they deserve.
This article discusses how Web3 is impacting the freelancing business.
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In the modern age, few topics have garnered as much attention as blockchain technology. Its disruptive potential for the gaming industry in particular has been the subject of much hype. The idea of a decentralized and transparent ledger holds the power to transform not only game play, but also development and revenue streams.
It’s hard to deny the potential of such a system. Unique attributes of blockchains hold promise for improved gaming experiences, secure and open financial transactions, increased possession of virtual assets, and enhanced community participation and governance. Though obstacles need careful assessment, the advantages of implementing blockchain technology in the gaming world are vast. Gaming experiences will soon be further dictated by the players themselves, allowing for increased power and control over their gameplay in the future.
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The art industry has experienced an unprecedented transformation with the arrival of Non-Fungible Tokens (NFTs), changing the way art is created, sold, and appreciated. By utilizing the blockchain, NFTs have opened up a new era of digital exploration, where ownership, value, and authenticity are easily accessible. In this piece, we’ll dive into NFTs’ deep impact on the art industry, investigating the advantages they give to artists, the difficulties they present, and their potential for rewiring the art world’s future.
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Decentralized finance (Defi) has joined Financial technology (FinTech), Regulatory technology (RegTech), Cryptocurrencies, and digital assets as one of the most speculative emerging technological development in global finance. It is an evolving area at the cross roads between blockchain, digital assets, and financial services. DeFi protocols is on a mission to remove the intermediary on finance through both familiar and new service architecture. The market experienced massive growth in 2020. According to an article published by University of Pennsylvania, tracking service DeFi Pulse showed that, the value of digital assets locked into DeFi services increased from less than $1 billion in 2019 to over $15 billion at the end of 2020, and over $80 billion in May 2021. Hence DeFi is just getting started.
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