These days it seems like everyone knows perfectly what NFTs are, but how do they really work from a technical standpoint? A quick technical insight to understand how ERC721 smart contract works — NFTs are currently one of the most interesting topics in the cryptocurrency world with several large companies ready to integrate them and plenty of projects ready to come out. The implementations and utilities of these tokens are very often debatable but the asset digitization process put in place by non-fungible…

How do DAOs work? What kinds of tools are available to developers and users to get into this world? Let’s find out together in this short article. — The ecosystem around DAOs is always expanding very fast allowing anyone to become part of the decision making process of a protocol in an easy way. Very often, the initial team maintains control of this evolution in the early stages and gradually delegates decisions to a community of stakeholders thus…

Let’s find out together what play to earn games are, how they work and what are the incentives and agents within the ecosystem in this new report in collaboration with Lemniscap and Economic Design — Play to Earn (P2E) Games is the new paradigm in video games that combines DeFi and entertainment to create a new game genre that allows players to make money while playing. There are more and more games and projects that aim to create economies that sustain themselves by feeding incentives…

DeFi 2.0 is an evolving trend in the Blockchain world that aims to solve the problems of early versions to create long-term sustainable liquidity for projects. Let’s see how — In the last few weeks, a new trend is making its way into the cryptocurrency community, and specifically Decentralized Finance, that is attracting the attention of many users. The trend is DeFi 2.0, in which new protocols aim to solve the weaknesses of traditional DeFi by experimenting with new protocol…

In recent months the word metaverse is becoming more and more popular and the various projects that are part of it are attracting a lot of curious and enthusiasts. But what are the most important projects in this area? How do the tokenomics of them work? — Since Mark Zuckemberg announced Meta and the efforts to create a metaverse for its users, some particular tokens in the Blockchain world have literally exploded making new highs and inaugurating, perhaps, a new trend. This is the case, for example, of SAND and MANA, the two utility tokens of The…

What are Polkadot Parachains? Why are they such an important concept in the DOT ecosystem and how do they work? — One of the most interesting ecosystems and projects in the cryptocurrency world is undoubtedly Polkadot. Polkadot is a protocol that makes interoperability and scalability its strengths, allowing the exchange of assets from different Blockchains in a safe and reliable way. The project consists of two main parts which are:

NFTs are a hot topic in the last months and as time goes by they are developing very interesting use cases also in the financial and money lending field. — Within the world of DeFi there are many Lending & Borrowing platforms with which to receive stablecoin loans for use in other protocols. Aave, Maker DAO, Compound and Liquidity are just a few of the protocols available in the Ethereum world that are attracting millions of users.

Let’s find out what Arbitrum, Ethereum’s Layer 2 that uses rollups to improve scalability, is all about. Here’s how it works — Scalability is an increasingly hot topic in the Blockchain world and especially in the Ethereum ecosystem. As seen in other posts there are several solutions to increase the scalability of the Blockchain and one of the most interesting are Rollups. Specifically, there are already protocols working on Optimistic Rollups and…

What is IPFS? How does it work and why is it so important in saving media files in modern blockchain architectures? — Continuing the post about saving and using metadata in NFTs, let’s get a better understanding of what IPFS is. IPFS, or inter planetary filesystem, is a distributed P2P protocol that allows files of any type to be saved across a network of nodes. The content is accessible through peers located…