NFT Lending solves low liquidity and motivates the public to enter the NFT market. Here are the 4 types you should know about: peer-to-peer NFT lending, peer-to-protocol NFT lending, collaterised debt position (CDP), and NFT rentals   Peer-to-peer NFT Lending Peer-to-peer NFT Lending matches lenders with borrowers. When an owner lists an NFT as collateral… Continue reading NFT Lending: What You Need to Know

The Australian Taxation Office (ATO) has released an outline of its priority areas warning NFT investors of possible NFT trading drawbacks. The release stipulates that as with selling property, shares, or the like, selling NFTs attracts capital gains tax. Regarding this, ATO Assistant Commissioner Tim Loh said through the release: “Crypto is a popular type… Continue reading Australian Taxation Office (ATO): Selling Tokens Attracts Capital Gains Tax

Smart Contracts are pieces of software that run on blockchains. While they are immutable upon creation, there are times when modifying Smart Contracts would be recommendable. A certain level of mutability is needed to improve and fix the bugs on a Smart Contract. To do this, developers must use a proxy. The first contract is… Continue reading Can Smart Contracts Be Changed Over Time?

Virtually anything can be turned into an NFT. The potential of the NFT chip is impressive. But before you start turning stuff into NFTs, you need to take note of copyright.  NFT chips are easy to operate:  Attach your chip to any physical object  Scan the chip with your phone The chip will start doing… Continue reading How It Works: Turning Everyday Objects into NFTs

While Real Estate has proven time and time again to be a solid investment, it does have its gaps. Real Estate requires interested buyers to save up money before making an actual down payment. In addition, this cannot easily be liquidated for cash. Thus the Real Estate accessibility gap. NFTs address the accessibility gap through… Continue reading NFTs and Real Estate Investments: A Viable Pairing

The Metaverse is a coalescence of multiple technologies that have seen fruition through the past decade. Here are a couple of the technologies that make it possible: Artificial Intelligence (AI), The Internet of Things (IoT), AR and VR, 3D modelling, and edge and spatial computing. Artificial Intelligence (AI) AI ensures the stability of the Metaverse’s… Continue reading The Technologies That Make The Metaverse Possible

Interested in integrating PFP NFTs on your Twitter account? Find out what they are, how you could go about buying them, and what other benefits you could get from them.  Profile Picture NFTs (PFP NFTs), are 2D images that can be purchased and sold as NFTs. They may appear as portraits of animals, persons, or… Continue reading PFP NFTs: What Are They And How They’re Different From Other NFTs

In the metaverse, Lands are sold as NFTs. When you enter the space with an NFT for a piece of land, you are given privileges over the digital space. With the metaverse’s popularity in the cards, analysts agree that digital land projects linked to crypto games may have the best chance of surviving the bear… Continue reading Digital Property: Crypto’s Main Contribution to Web3

The AI and blockchain combo help in improving the efficiency of data security. Read on to find out how. Blockchain systems store and distribute operational models centered on AI. This helps in the development of an audit trail that enhances data security. The blockchain and AI combo augment the current logistics on healthcare record networks,… Continue reading AI’s Role in Innovating the Blockchain

Want to get into GameFi? You might want to check out these first: game’s development team reviews social media posts project’s projected income project’s income streams Look Into The Game’s Development Team Determine if the project’s development team have accumulated experience. If the project is formed by an anonymous team, you might want to stay… Continue reading Spotting Scam NFT Games