Author: Damocles

In this ‘crypto winter’ season, it appears that the non-fungible token (NFT) scene is simmering again, not because of rising sales but of a brewing war between two of Solana’s leading NFT marketplaces: Magic Eden and Yawww.  This all-out war stems from the controversial 0% NFT royalty fees championed by Yawww. As much as it is a boon for buyers, it is also a bane for artists, creators, and NFT project runners that rely on secondary sales to maintain operations after mint. Now, the NFT space is faced with a critical question. Whom should it favor: the holders or the…

This guide covers what could one day become the new base layer of the Internet of the future — Polkadot, a web3 protocol that supports multiple decentralized networks; an Internet of blockchains, if you will. While this may sound too futuristic, the concept is actually quite simple. Bitcoin and Ethereum are two separate blockchains that are incompatible. But if we had an underlying layer (layer 0) that supports both chains, then we can enable two-way communication between them, which is the goal of the DOT ecosystem. And it might be closer than you think. Polkadot was developed in 2017 by…

Vandals are definite outcasts in our society ー for obvious reasons. They are unruly, disobedient, and troublesome. They’re a pain in the ass, to be exact. But vandals are getting a makeover, at least in the blockchain space, with the rollout of a promising non-fungible token (NFT) project that aims to represent their image. No pesky spray paints, chaos, street rumbles, and drugs; just a killer way (not literally) of celebrating web3 life. Hop in and see how these vandals can potentially impact the decentralized world. What is Vandal City? Vandal City is an NFT collection of 10,000 hooded “vandals” proliferating…

It’s interesting to note that Solana went live in March 2020, at a critical time when the global pandemic was just about to change our history forever. Call it symbolic, but this blockchain platform has shown resilience, being born at such a perilous time. And when it came out, it caught the world’s attention when it delivered something that even the world’s largest layer-1 blockchain couldn’t: high speed and low costs. But some may argue that there are multiple blockchains that can do the same. However, they weren’t able to scale to the same level Solana has, nor have they attracted…

Move-to-earn (M2E) applications are one of the rising trends in the web3 space as they offer people an opportunity to monetize their physical movements. Earning just by moving? Talk about free money, right? But the question is: How do M2E apps exactly work? Do you really just have to walk and earn straight away? Or is there something else you need to do?  Plenty, to be honest. We’ll take a deep dive into M2Es’ fine print to set your expectations before jumping into one of these gamified fitness apps.  Here’s a complete move-to-earn guide that aims to show you how…

Move-to-earn (M2E) apps are applications that allow you to earn financial rewards just by exercising. Do you want to get fit and healthy? Of course! Everybody does. But sadly, not everybody has the motivation to maintain a regular fitness routine let alone live a healthy lifestyle. Why? It’s partly due to the lack of incentives. Yes, being healthy should be incentivizing enough, but many of us don’t feel that way. This is why M2E is a no-brainer for fitness enthusiasts and workout fiends as it allows them to earn cryptocurrencies, which, by the way, can be converted to cash, by…

Step into STEPN, the grand-daddy of all move-to-earn (M2E) apps. What we want to talk about right now is how exactly STEPN became the leading runner in the growing (and sometimes dwindling) M2E industry. Despite having more than a dozen competitors sneaking at its heels (or rather, at its sneakers), it remains a crowd favorite for crypto fitness apps. But the question is, why? We’ll tell you as early as now that it has nothing to do with becoming rich or anything shady like that. Other news blogs may have spun Stepn as a miracle fitness app that excretes magic internet…

Pokemon on web3 steroids is probably one of the best ways to describe Genopets, the first move-to-earn (M2E) game, which has made waves in the blockchain and fitness scene. The game has set the standard for the growing niche that blends gaming, fitness, DeFi, and even non-fungible tokens (NFTs). Through the gamification of workout processes, Genopets incentivizes users to complete their fitness routines since their pets will also level up with them, on top of accruing monetary rewards. Does it sound too good to be true? Right off the bat, we’ll tell you that although it is free for all…

Creating an non-fungible token (NFT) project on a flexible blockchain like Solana shouldn’t be hard. Yes, there is some programming involved, but with the amount of free open-source tools being built, coupled with the vibrant and helpful community within Metaplex, you could literally start your NFT journey today and launch something in less than two weeks. Make no mistake, running an NFT project is no walk in the park, but the ratio of potential earnings to difficulty is incredibly higher than most projects you can build these days. Many creators have walked away with millions of dollars; some of which…

They see me walking, they hating. Thanks to the elements of incentives and gamification, legions of people have finally gotten out of their homes to either walk, jog, or run to earn cryptos and compete with friends and strangers. It appears that the advent of move-to-earn is finally here. But “walk-to-earn,” the newest sub-niche in the move-to-earn space, may also be walking, or rather stepping closer into popularity. With a specific market that is less enthusiastic with intensive exercises and leaderboard rankings, this new service can be a potential hit for them.  If you’re one of these people and might…