BlockchainX
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BlockchainX is a leading Blockchain development company rendering services across all streams. From NFT market to metaverse development, we help you simplify your tasks and identify better solutions for business in web3.
Stories (103/0)
Advantages of Creating NFT Marketplace on Cardano
What are NFT Marketplaces? According to The 2021 NFT Market Report published by blockchain data company Chainalysis, the NFT market has risen to more than $40 billion (£32 billion) in value as the popularity of NFTs has expanded.
By BlockchainXabout a year ago in 01
- Top Story - November 2022
What does the future hold for NFT marketplaces Top Story - November 2022
What is an NFT? NFTs, or non-fungible tokens, are a form of digital asset. Like cryptocurrencies, the ownership of these assets is recorded on a blockchain, a digital ledger of transactions documented through a network of computers unified through a network of peers.
By BlockchainXabout a year ago in 01
10 Sports NFT Platforms You Need to Know
Why is sports NFT so popular? For both clubs and athletes, sports NFTs provide them with a reliable source of additional income, which can further foster fan engagement . As we know, engagement is a very important metric in the world of sports, and when there is a proven effective way to build engagement like NFT, of course no one wants to miss it.
By BlockchainXabout a year ago in 01
Why is the NFT market falling in 2022? We give you five reasons
This was due to a combination of factors, but mainly due to the sell-off of digital assets in the last three months. On the world's largest NFT marketplace development, OpenSea, trading volume dropped 99 percent in four months between May and August 2022, according to analytics platform DappRadar. For context, NFT is a new type of blockchain-based asset that is unique and cannot be duplicated. Think of it like a baseball card or signed jersey, something that is unique, rather than something that could be mass-produced. That makes NFTs basically virtual assets that can be used as collateral or stand-alone tokens. That said, there have been some major concerns about whether this technology is ready for prime time. There are valid questions about how widely NFTs will be adopted and whether we are only seeing the beginning of this trend or whether it will soon die down. Today,
By BlockchainXabout a year ago in 01
NFT Marketplace Development Guide-part 1
The non-fungible symbolic industry has extraordinary possibilities, so NFT commercial center improvement is smart. This market is supposed to increment at a 35% yearly rate over the estimate period from 2021 to 2026, coming to $147 billion.
By BlockchainX2 years ago in 01
What is a bitcoin address?
Addresses, also called public keys, are analogous to the CBU of the banking system. When we want someone to send us BTC, we must send them our address or show the QR code that represents it. There are different types of addresses that have emerged over the years, but in general they look something like this:
By BlockchainX2 years ago in 01
What is a validator node in a blockchain?
In a blockchain , a validator node is responsible for keeping track of all network transactions, verifying them, and generating valid blocks to add to the chain. These nodes work 24/7 and do essential work for the proper functioning of the network.
By BlockchainX2 years ago in 01
Cryptocurrencies grow in the gaming sector
One of them is, precisely, the gaming sector. More and more bitcoin casinos are appearing on the market, as they offer certain features that many traditional casinos with FIAT currency as a deposit and withdrawal method cannot offer. For this reason, the game with cryptocurrencies has not stopped growing in recent months despite the fall in the crypto market, as well as the regulations against it that are rumored but that ultimately do not materialize.
By BlockchainX2 years ago in 01
The future of NFTs in the video game world
Seen what has been seen, it is easy to intuit that this is about making money and speculating with digital goods. Sort of like the one who uploaded his World of Warcraft account and then sold it to the highest bidder. The only difference seems to be that beyond that, all you get is cosmetic items. A priori unique today due to its exclusive design, and more unique tomorrow due to the statistics of other players associated with that digital certificate .
By BlockchainX2 years ago in 01