Blockchain and Crypto Blog

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What is My Neighbor Alice and the ALICE Token?

Written By Ivan on Tech

Mar 28, 2021

My Neighbor Alice has recently seen a fresh surge of interest, along with an increased presence on various social media platforms. Also, the ALICE token has been trending on CoinGecko and promoted across several Binance marketing campaigns. Decentralized gaming has become more prevalent following the rise in popularity of non-fungible tokens (NFTs). But, why has My Neighbor Alice gone viral in the crypto community, and, what is My Neighbor Alice doing to attract and maintain so many users? 

In this article, we’re going to explore My Neighbor Alice and discover what the ‘Alice’ World has to offer. Moreover, we’ll look at the functions and use cases of the ALICE token, and how My Neighbor Alice is introducing innovative ways to make a passive income with crypto. 

To discover how My Neighbor Alice works on an atomic level, see our Blockchain & Bitcoin 101 course at Ivan on Tech Academy. Here you’ll learn about how blockchain technology...

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Blockchain and NFT Use Cases in the Music Industry

Written By Ivan on Tech

Mar 15, 2021

Non-fungible tokens (NFTs) have been hitting the headlines in recent weeks across global media outlets. These include the Wall Street Journal, The New York Times, and the legendary music publication Rolling Stone magazine. Alongside use cases for financial bonds, insurance policies, and artwork, NFTs are the key to blockchain music royalty tracking. We’re beginning to see more mainstream artists opting to release their music as NFTs on the blockchain. The economic pressures resulting from the global pandemic have hit musicians harder than most industries. This is of course, following a continuous decline in revenue since the introduction of online streaming. However, blockchain music streaming is here to fix that. Blockchain in the music industry is becoming increasingly popular, and for good reason too! 

In this article, we’ll look at the benefits of implementing blockchain in the music industry from both an artists’ and fans’ point of view. Also,...

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Blockchain and NFTs in the Art Industry

Written By Ivan on Tech

Mar 14, 2021

Crypto art has been a relatively big talking point in 2021. The coming together of art and blockchain is still a relatively novel concept to many. However, blockchain art is quickly becoming one of the most exciting areas of the crypto industry. The proliferation of art NFTs has introduced a wave of new artists creating digitally verifiable art NFTs. Furthermore, this includes works from emerging artists, crypto natives, and traditional artists alike!

Non-fungible tokens as art on the blockchain have seen an explosion in popularity in recent months. Furthermore, crypto art is making the headlines in mainstream media outlets such as the New York Times! This is introducing a huge new audience to the concept of blockchain technology and the innovations that have arisen as a result. 

In this article, we’re going to explore the world of non-fungible tokens (NFTs) and blockchain art. We’ll also discover the different types of art on the blockchain. Plus, we’ll...

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Blockchain Use Cases in the Sports and eSports Industry

Written By Ivan on Tech

Mar 12, 2021

Blockchain-based sports betting has been a catalyst for the widespread adoption and use of crypto and blockchain in sports and esports. Now, with professional athletes being paid in Bitcoin, top-tier endorsements, sponsorships, and fan incentive initiatives, blockchain technology in the sports industry is beginning to thrive. Though this may not be obvious to all, soon, blockchain could play a major role in sports, entertainment, and esports. The number of blockchain use cases in esports has skyrocketed in recent months. Furthermore, this looks set to continue as mainstream crypto adoption grows exponentially sector-wide! 

In this article, we’re going to explore the many different blockchain use cases in esports, traditional sports, players, and fans. Additionally, we’ll take a look at how the introduction of blockchain technology in sports organizations can increase efficiency with timing and funding. Alongside this, we’ll explore what the future may hold for...

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Exploring NFTs - What is Nifty Gateway?

Written By Ivan on Tech

Mar 09, 2021

Nifty Gateway is a self-described "premier marketplace for Nifties." "Nifties" stands for "NFTs," which stands for "non-fungible tokens." There are fungible tokens and non-fungible tokens in the world of crypto, but we won't be explaining their differences in this article. If you want to deep dive into that, first read a brief introduction to the NFT asset class, such as our article "Non-Fungible Tokens - Could NFTs Supercharge The DeFi Sector?"

For today's article, understand that NFT's are unique digital assets that represent things like digital art or in-game collectibles. By tokenizing works of art with NFTs, artists can assure collectors that each piece is unique and that the blockchain manages ownership.

If you want to get into the crypto sector and learn more about either crypto, NFTs, or blockchain technology in general, be sure to enroll in Ivan on Tech Academy! Join over 30,000 existing students at one of the premier blockchain academies anywhere in the world.

A...

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What is Ethernity Chain and the ERN Token?

Written By Ivan on Tech

Mar 08, 2021

Although many people in the crypto space are yet to fully appreciate the value proposition of non-fungible tokens (NFTs), the industry has exploded in recent months. With endorsements from major sports teams and celebrity collaborations, the NFT space is thriving. There is no shortage of NFT marketplaces and digital art creators. Ethernity Chain is developing a community-centric platform for digital artists to create limited edition NFT lines. Also, Ethernity Chain is combining Authenticated NFTs (ANFTs) with decentralized finance (DeFi) to bring new hybrid utility to crypto! The platform is also keen to participate in community incentives, with the recent lottery showing enormous interest. Powered by the native Ethernity Chain token (ERN), Ethernity Chain allows artists to give back by donating a share of their earnings to charity. 

The project launched in true fashion, with legendary UFC announcer Bruce Buffer introducing the countdown with the announcement of his own...

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The Ultimate 2021 Guide to NFT Marketplaces

Written By Ivan on Tech

Mar 05, 2021

Non-fungible tokens (NFTs) have seen an immense surge in interest and trading volume over the past few months. Various celebrities have begun promoting different new NFT products, and recently, an artist is even selling their latest album constructed of 10 NFTs. In addition to celebrity collectibles and album downloads, NFTs can come in many different shapes and forms. Consequently, as a natural technological progression, a growing number of NFT marketplaces are emerging as a space to buy, trade, and sell the different types of unique digital assets available. This is why we've compiled this ultimate 2021 guide to NFT marketplaces!

In this article, we’re going to explore different popular NFT marketplaces and the digital assets they offer. Moreover, we’ll discover what makes each platform unique, and how NFT marketplaces will be used as everyday platforms in the future. 

If you want to learn how to avoid scams and purchase and store your crypto safely, be sure to...

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Exploring Binance Smart Chain - What is BakerySwap?

Written By Ivan on Tech

Feb 27, 2021

BakerySwap is a next-generation automated market maker (AMM) and decentralized exchange (DEX) on Binance Smart Chain (BSC). Powered by the native BakerySwap token (BAKE), BakerySwap is one of several new protocols to combine many popular features into a single, easy-to-use platform. By providing liquidity to the BakerySwap protocol, users earn BAKE rewards from trading fees. Also, BAKE can be used to vote in protocol governance proposals. BakerySwap is a multi-functional crypto hub that offers a range of decentralized finance (DeFi) services, along with a crypto launchpad and non-fungible token (NFT) supermarket.

In this article, we’re going to explore the BakerySwap platform and the various features on offer. Also, we’ll discuss the key functions of the BakerySwap token (BAKE) and what gives it such high utility. Furthermore, we’ll take a look at Binance Smart Chain (BSC) and the important role it has played in the success of the BakerySwap project!

With so many...

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What is The Sandbox, the SAND Token and LAND?

Written By Ivan on Tech

Feb 23, 2021

Non-fungible tokens (NFTs) and blockchain gaming have quickly become popular trends in the crypto industry. Introducing crypto through an innovative, fun, and engaging platform, The Sandbox is bringing blockchain to the masses. It’s an exciting time of growth and innovation in the industry, with the SAND token reaching new all-time-highs and The Sandbox games becoming more popular than ever!

In this article, we’ll explore The Sandbox ecosystem and the variety of components that make it so popular. Moreover, we’ll explore the possibilities within a new metaverse, the utilities of the SAND token, and the variety of in-game assets available.

To learn more about non-fungible tokens (NFTs) and decentralized finance (DeFi) on a fundamental level, be sure to check out the DeFi 101 course at Ivan on Tech Academy. If you’d like to take it one step further and learn how to program your own NFTs, see the Ethereum Game Programming course. Ivan on Tech Academy provides...

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Explaining OpenSea - What is OpenSea and How Is It Used?

Written By Ivan on Tech

Feb 20, 2021

OpenSea is a decentralized non-fungible token (NFT) marketplace for buying, selling, and trading NFTs. In fact, OpenSea brands itself as the biggest marketplace for digital goods. As such, it’s worth taking a closer look at OpenSea and what the platform adds to trading NFTs. Moreover, this article explains how to use OpenSea, as well as what NFTs are. The difference between fungible tokens and NFTs is that they have unique characteristics and identifiers and are not interchangeable. Another way to think of them is that NFTs represent things, not currencies.

The first decentralized NFT marketplace was OpenSea, founded in January 2018. So, you can see how new NFT marketplaces are. Founders Alex Atallah and Devin Finzer decided the ecosystem was ready for an NFT marketplace after seeing CryptoKitties in action. 

Since then, OpenSea has experienced significant growth, as have NFTs in general. Some big-name players like Mark Cuban, Gary Vaynerchuk, and Chamath Palihapitiya...

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