Author: Temitope Akintade

Avalanche blockchain is one of the ‘Ethereum Killers’. The term is used to refer to DeFi ecosystems rivaling Ethereum. They are DeFi networks trying to perform better than Ethereum, and offer viable solutions to the problem Ethereum network is facing. Some of the problems with Ethereum is that its transactions are slow and fees are too steep for average users. In response, a wave of contenders like Solana, Cardano and Avalanche have tried to usurp Ethereum’s success by solving its problems. Our focus is Avalanche. Background Avalanche development is led by New York-based Ava Labs, which was co-founded by Emin…

According to the details shared by licensed trademark attorney, Michael Kondoudis on June 6, the English Premier League (EPL), one of the most-watched sports leagues globally, is the latest sports outfit to foray into the world of crypto and metaverse. As per the announcement by Micheal on Twitter, the EPL filed two new crypto trademarks(Non-fungible tokens and Metaverse) and the filings were submitted to the US Patents and Trademark Office. The trademark filings are quite expansive in scope and cover the creation and sale of digital assets, virtual clothing, cryptocurrencies, and media files verified by NFTs. Importance of this move …

It is basic knowledge now that the cryptocurrency market consists of various kinds of digital tokens. Those tokens are developed on blockchain protocols. They also follow a set of rules referred to as ‘token standards’. Contemporarily, there are several types of the Ethereum Request for Comment(ERC) standards for supporting various types of smart contracts. They include ERC-20, ERC-721, ERC-777, and ERC-1155. Although ERC-20 is still the most widespread, the boom of non-fungible tokens (NFTs) and Metaverse(virtual reality) has brought to the limelight another token standard called ERC-721. What is ERC-721? ERC-721 is a token standard on Ethereum for NFTs. It…

Cryptocurrency investors are having an unforgettable months in 2022 especially with massive declines the whole market since March. After topping $3 trillion market cap last November, the whole sector has shed more than 50% of its value to sit at around $1.3 trillion, according to data from CoinMarketCap. These unfavorable events and conditions have kept retail investors on the sidelines but once the market rebound and recover, blue chip cryptos will definitely shoot up. We have come up with a list of blue chip coins to buy at a lesser price at the moment. These digital assets have immense real-world…

Is a financial advisor worth it ? The above question is an age-old one. There have been several debates whether financial advisors are really worth the hype and investors are always caught up between hiring one or managing their investments theirselves. Before we delve into the issues, a Financial Advisor is a finance professional who provides consultations and advice about an individual’s or entity’s finances. Financial advisors can help individuals and companies reach their financial goals sooner by providing their clients with strategies and ways to create more wealth, reduce costs, or eliminate debts. The recent collapse of the Terra…

Sweatcoin is one of the projects giving the rave of the moment — Move-to-earn — significance and traction. It was founded in 2015 by Oleg Fomenko who is also the CEO. Since then, the project has been on a mission to keep its users active and fit. The Sweatcoin app was designed to unlock the power of movement. It has more than 63 million users who have walked over 19 trillion steps and 600+ brand partners who provided over $200 million worth of goods in Q4 2021 alone. And now, the big news is that the London-based tech company has…

As the adoption of cryptocurrencies continues to surge in Africa, its governments have been exploring possible ways on how to effectively regulate and maximize the opportunities that come with crypto and its underlying blockchain technology. In a report published by Statista, on where cryptocurrency is heavily used, African countries like Nigeria, Kenya, South Africa amongst others are at the forefront of adopting the use of crypto. Hence African governments are beginning to see the need for regulation in the crypto space. Let’s take a look at some of the recent developments towards crypto regulation by some of its countries. Nigeria,…

On the 25th of April, 2022, the board of Twitter agreed to a $44bn takeover offer from billionaire Elon Musk. Twitter is known to be a crypto-active community where different topics and trends on the blockchain technology gain traction. Different speculations have been in the air about how the social media giant would change under Musk’s leadership. Momentum was already building for crypto adoption on the platform even before the Musk takeover. Late last year, the platform rolled out a feature that allows users to tip creators with Bitcoin and an Ether option was added in February. Earlier in April,…

Play-to-earn tokens like $AXS, $MANA and $SAND made waves across the universe in 2021 but it seems 2022 is for tokens of another GameFi brand called Move-to-Earn. M2E games are the latest trend in the blockchain gaming industry. Move-to-Earn, similar to play-to-earn, is a model where users are rewarded in cryptocurrency for their step count. It basically allows gamers to earn cryptocurrencies or tokens when they exercise. Some of the biggest known platforms for this model are StepN, Genopets, Digital Fitness, Step, Calo and some others. All these platforms have governance tokens that users get as rewards. The beautiful side…

As the wave of NFT continues to hit the whole world by storm, Africa is also having its fair share in adoption. And now NFTs are steadily gaining popularity in the African music industry because they are being used to provide artists with new revenue streams in innovative ways. In 2021, veteran Music Producer – Michael Collins Ajereh, popularly known as Don Jazzy became the pacesetter in that sector. In an interview, he revealed how he made a whopping sum of three hundred thousand dollars in ten minutes from NFT. He earned the $300,000 after collaborating with a digital artist…