After collecting Layer 1 Ethereum and VeVe NFTs,  I realised that I want diversify my portfolio so in order to do that I decide to research about Solana blockchain. In this post you will see my findings. Solana NFTs are listed on the Solana network, a fast and scalable blockchain network that handles multiple projects in DeFi, NFTs, Web 3.0 and more. Just like Ethereum blockchain Solana is a decentralised blockchain network. It was founded in 2017 and run by Solana foundation in Geneva.   Attribution: The icons has been designed using resources from ...Read More

In general, most of the Non-Fungible Tokens (NFTs) have been listed on the Ethereum blockchain network. Despite the fact that Ethereum network charges more gas fees and the transactions are slower. But somehow users  still prefer it. Ethereum is leading the demand and sales volume of NFTs in the field. In this post, let us discuss why... NFTs are mostly in the Ethereum blockchain because of its large market capitalisation and user-base, security, and mature platform and tools.   Attribution: The icons has been designed using resources from Flaticon.com     Large Market ...Read More

By now, most of us heard about this buzz word “Metaverse”, it has been influenced by corporations publicising it like Facebook who literally changed their brand name to Meta. Some say the Metaverse will replace the internet. They call it the virtual real estate space. Further to that, as referenced in the Entrepreneur website: PWC analysts predict that the metaverse will significantly contribute to the global economy, impacting sectors like education tech, health, gaming, and industry 4.0. According to their findings, themetaverse ecosystemcould be worth $1.5 trillion by 2030.         But, What is the Metaverse? ...Read More

You may have came across articles and people discussing how bad NFTs are for the environment. Is it true? The short answer is yes it is bad if you are using the Ethereum network which is the most popular and the one we will focus on this post. Ethereum transactions are considered bad to the environment consuming around 98 terawatt-hours of electrical energy annually which comparable to power consumption of Kazakhstan and Carbon footprint comparable to Finland (according to Digiconomist as of 14 December 2021). However, there are three possible ways to solve this issue. ...Read More

Most people will view NFTs as part of the “greater fool theory” where they believe that demand is the main reason of the value while disregarding its other value creation functions. I agree, demand has significant influence, whatever the crowd goes to buy everyone else follows but it is not all the value driver. Unlike random files, an NFT is a programmed file with metadata (unique identifier) that is kept in its holder’s wallet/account through the blockchain technology. This NFT information is public to everyone which means everyone can identify the current owner of the ...Read More