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Showing posts from November, 2021

What Is Blockchain and How Is It Related to Our Lives?

  According to   ReportLinker , the glob a l blockchain market is expected to increase by 80% between 2018 and 2023, from $1.2 billion to $23.3 billion. By 2025, blockchain will be considered mainstream and integral to the capital market and ecosystem, according to research by Accenture. Various giant corporations including Microsoft, Walmart, IBM, and Mastercard are taking notice of these business benefits and have embraced this transformative technology themselves. Several more organizations and innovation enthusiasts are striving to follow suit as they begin to rethink their strategies for the digital age. Indeed, everyone has heard the claim that blockchain will change the world. With the majority of the available blockchain-related information on the internet directed towards educating developers and technology experts, the experts are well aware of the power of blockchain. However, those without a tech background may not fully understand the hype and the vast assortment ...

Tokenomics ?

Since 2020, the increasing popularity of   cryptocurrencies  has been very prominent. With a lot of investors being interested in cryptocurrency, a short overview on tokenomics can benefit a lot of people. So here’s tokenomics 101 for all the new investors just getting into the realms of cryptocurrency. What is tokenomics? The word ‘tokenomics’ is a portmanteau, made up of two words: token and economics. So, tokenomics is basically token economics or crypto economics. It is the study of the economics of a crypto token – from its qualities to its distribution and production, and much more. What is a token? In tokenomics, crypto tokens (or simply tokens) are units of value that blockchain-based projects build on top of an existing blockchain. Crypto tokens, like cryptocurrency, can be exchanged and hold a certain value but they are a completely different digital asset class. In order to know more about tokenomics, it is important to know about the various types of tokens. O...