Author: Damocles
Damocles
Damocles is a self-imposed web3 nomad with a background in journalism and education. Having served as a freelance writer for three years, he decided to focus on one area he loves: the blockchain industry. He enjoys the drama, controversies, and pleasant surprises of this growing arena, pumping him to write more daily. To this day, he still considers himself a newbie who is dead set on honing his skills and being more involved in web3 projects.
In 2019, a Japanese national shocked the internet when he decided to marry a hologram. At the time, the notion of having a romantic affair with AI was unheard of that many dismissed it as a rare incident, but it turns out that human-AI relationships are more common than we thought. Most people just choose to hide them for fear of ridicule. As long as people hide it, I think it will take much longer for it to become mainstream. I think AI companions can have a lot of psychological benefits for people, and think we’d be better off if…
Decentralized identity (DID) is a new form of blockchain-based verification that allows users to control how their personal data are submitted, accessed, and distributed. Certified issuers such as government agencies, companies, and universities can send credentials to your web3 wallet. And you’ll have the option to show only the information you want to present once you need to prove your identity. Through this method, there’s no need to disclose and expose your entire personal information just to prove your authenticity. Imagine being able to prove your legal age without revealing your actual birthday 一 that’s the level of privacy and…
Taiyo Robotics (TYR) is a non-fungible token (NFT) collection of 2,121 pixelated robots on the Solana blockchain. The project kickstarted last November 21, 2021, but a community member named @SolportTom later purchased it on Christmas Eve of the same year to save the entire community from an eventual rugpull. From there, the new developers overhauled it to become a business-oriented venture built to support its community, especially the OG holders. Today, it has evolved as a pure software development company, managed by its current core team and more than a dozen full-time developers. Moreover, it now consists of three collections:…
Chances are that you’ve heard of non-fungible token (NFT) platforms with automated market makers before. You might be wondering, what makes them different from a typical NFT marketplace. Here’s what you need to know: An NFT AMM is a platform that allows traders to instantly buy or sell their NFTs through liquidity pools. It is a type of marketplace powered by an AMM, a mechanism that automatically sets prices for assets based on supply and demand. AMMs are primarily used by decentralized exchanges (DEXs) such as UniSwap and PancakeSwap to facilitate near-instant token swaps. This algorithm succeeded in boosting the sales…
A few NFT marketplace aggregators, as well as automated market makers (AMM), have been popping up across Solana to help fill the need for liquidity. Coral Cube, in partnership with Magic Eden, rose to provide such services. Coral Cube is a non-fungible token (NFT) marketplace, aggregator, and AMM platform that facilitates instant liquidity for digital assets on the Solana blockchain. With the platform’s AMM, traders can finally sell their NFTs instantly through liquidity pools (NFT/SOL). This selling method eliminates the need for sellers to wait for somebody to agree on their price just to make a sale. But, as we…
The Elixir platform is powered by none other than holders of a specific NFT collection: Ovols. Ovols is a non-fungible token (NFT) collection of 10,000 algorithmically-generated 2D owls that serves as a pfp and plays a major role in a larger NFT ecosystem/platform called Elixir, an automated market maker (AMM) and NFT marketplace. The team facilitated the project’s minting event last November 17, 2022 on the Solana blockchain, where its platform (Elixir) resides. The Ovols collection is tied to Elixir’s various tools, such as its application, the Mines, and the Brewery, each serving different purposes, which we will touch upon…
Hadeswap is an AMM-powered non-fungible token (NFT) marketplace on the Solana blockchain that offers instant NFT liquidity, 0% platform fees, and 0% royalty fees. NOTE: It will soon implement 0.5% platform fees that will be dedicated entirely to its ABC NFT collection holders. As for the royalty fees, you will soon have the option to pay your favorite collections (optional royalties). How Does Hadeswap Work? Now, you’re probably asking what is with this NFT AMM trend and why many of them are popping up recently. Let’s start with the NFT space’s liquidity issues. NFT marketplaces rely on price agreements between…
Sudoswap is a non-fungible token (NFT) marketplace and automated market maker (AMM), allowing collectors to trade NFTs with better liquidity and create liquidity pools for their digital assets. People use Sudoswap for two primary reasons: as a way to liquidate their NFTs instantly or as a place to launch NFT liquidity pools to earn passive income. A liquidity pool is a smart contract that equips traders with the ability to swap between digital asset pairs instantly, in this case: an NFT and $ETH. What is an AMM? An automated market maker (AMM) is an algorithm-based protocol used by decentralized exchanges…
It is rare for non-fungible (NFT) projects to create breakthrough ‘firsts’ on their respective blockchains, as it takes a lot of guts and technical expertise to test the untested and come out victorious. Fortunately, SpaceBudz had it all, allowing it to launch pioneering achievements in the Cardano blockchain. These achievements allowed the project to carve a special place, not only within the network but also in the entire NFT industry. What is SpaceBudz? SpaceBudz is Cardano’s first algorithmically-generated collection that consists of 10,000 NFTs. The artwork boasts hand-drawn adorable animals in space suits. Note that it is not the first…
Halloween may be long over, but one project remains pumped up in rolling out a spooky-themed collection with promising gaming plans at its back. With eye-candy art, a robust roadmap, an expert team, and key partnerships already in place, this zombie-filled collection may not only rise from the dead but also rise as one of the best projects in the Aptos ecosystem. Let’s take a look at what this upcoming collection has in store for us. What is Aptos Undead? Aptos Undead is a non-fungible (NFT) collection of 4,444 3D zombies on the Aptos blockchain. It will be minted on…
