LunaOne aims to remove the barriers to Metaverse adoption as the first decentralized virtual environment to merge business, education, and gaming. In order to grow the metaverse’s ecosystem, LunaOne’s XLN token – currently available for presale on the project’s website – is essential. The ecosystem’s principal currency, XLN, may be used to buy anything, including […]
With blockchain technology evolving at an unprecedented rate, you’ll often notice new terms thrown around the internet and social media forums. “Web 3.0” and “metaverse” are two such terms hanging on the tip of every tongue these days. As the world struggles to familiarize itself with the fundamentals of concepts that are still a long […]
The term “utility” has been a source of concern for many NFT enthusiasts. The current NFT space has demonstrated a lack of innovation and a disregard for providing utility other than digital artworks being used as profile pictures across social media platforms such as Twitter and having little to no substance beyond that. Most NFT […]
The Metaverse, a virtual world connecting the physical world to a virtual ecosystem, is enjoying unprecedented growth. Over the past year, Metaverse projects raked in approximately $10B in investments. According to Bloomberg Intelligence, the global Metaverse market is expected to grow to $800 billion by 2024. Many projects are emerging to tap into the immense […]
The Metaverse is a general system that acts as a new form of communication. While still in its early stages of development, this is a digital ecosystem where people can trade goods, buy, sell, and move through cyberspace. Currently, there isn’t much of a substantial development being made within the Metaverse system. However, with the […]
In December 2021, Polkadot achieved something it had been working on for a long time: Parachains from its first round of auctions went live. This was years in the making, and with all roadmaps that reach a major milestone, it was a big win for Polkadot, the parachains, and the blockchain industry as a whole. […]
If you are familiar with the workings of decentralized finance (DeFi), you may have heard about the term ‘Impermanent Loss’ at some point in your journey. This arises from providing liquidity to liquidity pools, which are controlled by an automatic market maker (AMM). Simply, Impermanent Loss (IL) happens when the prices of your tokens change […]