Decentralized Finance or DeFi refers to a type of blockchain-based finance that does not rely on central financial intermediaries such as banks or brokerages…using smart contracts on the blockchain network. Defi is developing new perspectives on how to invest for profit, offering the opportunity for any individual to earn passive income by staking, yield farming,… Continue reading
Category: NFTs
NFTs and how they work
Non-fungible tokens, or NFTs, are blockchain-based cryptographic assets with unique identification codes and metadata that distinguish them from one another. They cannot be traded or exchanged at equivalency, unlike cryptocurrencies or other fungible tokens. which are identical to one another and can be used as a medium for commercial transactions. Money, for example, is a… Continue reading