blockchain

What is Web3?

What is Web3? Understanding the Latest Version of the Internet

Web3 is the latest version of the internet, and it builds on the previous versions. In this blog post, we’ll answer the question “What is Web3?” and explain what changes we can expect to see. We’ll also cover how the internet has evolved so far and what trends we can expect to see in the Web3 environment. Web1.0 and Web2.0: Previous Versions of the Internet The first version of the internet was called Web 1.0, which lasted from 1989 to the early 2000s. It was a read-only web that was intended to share information. The second version of the internet, called Web 2.0, is what we use today. It allows people to interact with what they see online through comment sections, social media, and more. Information can be stored in cloud storage and viewed on various devices, including tablets, mobile phones, and computers. Web3: Read-Write-Own Version of the Internet Web3 is considered the read-write-own or read-write-execute version of the internet. It builds off the previous generations and adds to them. Web3 is about decentralization, privacy, machine learning, and safety. Decentralization makes online communities owned by everyone, with transparent information sharing. Information will be freely shared and stored in many locations, and everything will be shared by DAOs (Decentralized Autonomous Organizations). DAOs are groups built for one purpose, community run, relying on each member within the DAO to work in the best interest of reaching a common goal. Blockchain: Transparent Ownership Registration Blockchain is considered a pivotal part of decentralization. Ownership of things on the internet will be registered on the blockchain, which is a transparent and publicly accessible data system that allows anybody to see what goes on in it. Personal identity isn’t revealed unless users decide to share their real identity by tying their blockchain wallets (think of this as your Web 3.0 ID) to their personal information. Encryption and Machine Learning: Contextualizing Information Encryption is another part of Web3. It basically ensures that no one can access data except for the intended parties. Machine learning is another part of the Web3 puzzle. It’s about contextualizing information much like the human brain. Beyond just knowing what the information is, the AI would understand the meaning and emotion behind the information, serving it up to humans in a more intelligent way than search engines do today. In conclusion, Web3 is the latest version of the internet, and it builds on the previous versions. It’s about decentralization, privacy, machine learning, and safety. Web3 will eventually shape what the metaverse is and how we shop, and it will keep our data more secure. Decentralization, privacy, blockchain, encryption, and machine learning are some trends we are already seeing that will shape the Web3 environment.

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How Web3 Transitions Begin with Domain Name Purchase

How Web3 Transitions Begin with Domain Name Purchase

Web3 domains as blockchain identities The transition from Web2 to Web3 has become a hot topic in the blockchain industry, and it often begins with a domain name purchase. Web3 domains are like blockchain identities stored in a crypto wallet as an NFT. They are essential for interacting with blockchain apps, and they can be used for website hosting, building, or receiving crypto payments. Top blockchain domain name providers for Web3 users Unstoppable Domains and Ethereum Name Service (ENS) have emerged as top blockchain domain name providers for Web3 users. As interest in the sector surges, companies have been lining up to drive Web3 utility initiatives. Domain name services have seen a jump in interest and adoption in the last year, with Unstoppable Domains alone having over 3.3 million names registered, while ENS has over 2 million. Big brands exploring Web3 and the metaverse According to Sandy Carter, COO of Unstoppable Domains, there’s no shortage of big global brands exploring Web3 and the metaverse. Nike, Starbucks, Porsche, and Build-a-Bear are among the brands that have launched their individual Web3 strategies. Carter believes that more companies will follow suit and promises an influx of industries in the space, including food services and transportation. Fashion in the metaverse: a hot trend Fashion in the metaverse has also become a hot trend, with Gucci, Prada, Ralph Lauren, Dolce & Gabbana, Burberry, Christian Dior, and Zara experimenting with Web3 technologies. They are creating unique digital assets that customers can purchase and collect. Carter expects more fashion brands to enter the space, along with other industries such as automotive, sports, technology, hospitality, and retail. Getting a Web3 domain name Getting a Web3 domain is relatively simple, with no formal industry-wide prerequisites to secure one. Once you’ve decided which service to use, look up the instructions and check if your desired address is available. Then proceed to pay. In conclusion, the Web3 transition begins with a domain name purchase, and Unstoppable Domains and ENS have become top providers. With big global brands exploring Web3 and the metaverse, more industries are expected to enter the space. Getting a Web3 domain is simple, and anyone can purchase one with ease.

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¿Cómo crear Tokens no fungibles (NFTs)? - Guía para principiantes

How to Create Non-Fungible Tokens (NFTs) – A Beginner’s Guide

What Are NFTs? Non-fungible tokens (NFTs) have recently become the talk of the town, with their unique identification codes and metadata setting them apart from other digital assets. But what are NFTs, and how do you create one? This guide will answer those questions. How to Create an NFT NFTs are cryptographic assets on a blockchain that cannot be exchanged for each other since they are unique. In contrast, cryptocurrencies are fungible, meaning that each unit has the same value and can be traded for another unit. NFTs often take the form of digital artwork, such as pictures, animated videos, or music, and are usually sold on NFT marketplaces that require cryptocurrency for payment. How to choose Digital Artwork The first step in creating an NFT is to determine what kind of digital art you want to create. It could be an image, an audio production, or even a short video clip. It’s essential to ensure that you own the rights to the media you are using to avoid legal issues. How to choose a Blockchain The next step is to choose a blockchain to store your NFT. Ethereum is the most popular blockchain for NFTs, and it hosts thousands of NFT collections. Solana is a growing competitor to Ethereum, offering faster transaction speeds and lower transaction fees. Flow is another blockchain designed for NFTs and decentralized gaming apps and is popular for sports-focused NFT creation. How to set up an NFT Wallet Once you’ve chosen a blockchain, you’ll need to set up an NFT wallet to store your NFT. MetaMask, Coinbase Wallet, and Ledger Nano X are popular wallet apps that support multiple blockchains. How to select an NFT Platform The next step is to select an NFT platform that offers a full-service marketplace to list and sell your NFT. OpenSea is the most popular platform, with over $20 billion in trading volume since its launch in 2017 and more than two million NFT collections listed. Solanart is a popular platform for Solana-based NFTs, with a slick user interface and an easy application process for minting. Crypto exchanges such as Binance also support NFT creation. How to create NFTs: Final step Once you have chosen a platform, creating an NFT is a straightforward process. For example, on OpenSea, you select your digital wallet and the “Create” option, upload your media file, add NFT features, properties, and blockchain, and then mint the NFT. In conclusion, creating an NFT requires following a few simple steps, such as choosing the digital artwork, blockchain, wallet, and platform. With this guide, you can create a unique NFT that can be sold just like a painting at an art gallery. En conclusión, la creación de un NFT requiere seguir unos pocos pasos simples, como elegir el arte digital, blockchain, billetera y plataforma. Con esta guía, puedes crear un NFT único que se puede vender como una pintura en una galería de arte.

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Revolutionizing Mental Healthcare: How Web3 and Blockchain Technologies are Changing the Game

Revolutionizing Mental Healthcare: How Web3 and Blockchain Technologies are Changing the Game

The Power of Online Traditional Therapy Sessions in the Metaverse In today’s digital age, mental health support has become more accessible than ever before. One innovative approach that has been gaining traction is online traditional therapy sessions based in the metaverse, where people can access a community full of individuals who share similar issues and offer 24/7 support. Innerworld: A Mental Healthcare Platform Leveraging the Potential of VR Innerworld, a mental healthcare platform, leverages the power of virtual reality (VR) to provide effective peer-to-peer support via Cognitive Behavior Therapy and Dialectical Behavioral Tools. The platform underwent three years of clinical research before its launch, proving its potential to help individuals struggling with mental health issues. Web3 Tools for Secure, Encrypted Communication in Mental Health Support Moreover, Web3 tools such as blockchain, artificial intelligence, and robots are the building blocks of the next generation of healthcare. They can also be used to create secure, encrypted communication systems between individuals and mental health professionals, offering a safe space for people to discuss their thoughts and feelings without fear of judgment or stigma. The Potential of Blockchain Technology for Secure Medical Record Storage Blockchain technology can store medical records securely so that they cannot be tampered with or accessed without the patient’s permission, while AI-powered chatbots can help individuals seeking support by triaging symptoms before connecting them with appropriate care providers. AI-Powered Chatbots for Effective Symptom Triage and Care Provider Connection Decentralizing access to mental health support is crucial to ensure that everyone receives the care they need. Web3 and blockchain technologies have the potential to revolutionize the delivery of mental health services, making them more accessible and secure for all. The industry must continue to explore and develop these technologies to ensure that mental health support is available to everyone in a secure and private manner. As we continue to embrace digital innovation, we must prioritize mental health and leverage technology to provide accessible and effective support to those in need.

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que-es-la-ia

What is AI?

Artificial intelligence is the ability of machines to mimic the way humans learn and reason. This branch of computing aims to replicate cognitive processes in machines. Depending on what you are trying to emulate, there are Artificial Intelligences that think like humans and others that act like humans, because it takes into account emotion and other similar aspects such as creativity. How does AI work? For Artificial Intelligence to work, data is needed, so the development of this technology goes hand in hand with others such as Big Data, the Internet of Things, or 5G mobile networks. In addition to this data, it also uses an algorithm. An algorithm is a set of instructions for a machine to set a pattern, i.e. a predefined behavior is created to handle data. How did artificial intelligence originate? John McCarthy coined the term “artificial intelligence” in 1955. In 1956, McCarthy and several others organized a conference called the Dartmouth Summer Research Project on Artificial Intelligence. This meeting led to the creation of machine learning , deep learning, predictive analytics, and now prescriptive analytics. Why is artificial intelligence important? Today, the amount of data generated by both humans and machines far exceeds the ability of humans to absorb, interpret and make complex decisions based on that data. Artificial intelligence is the foundation of all machine learning and the future of all complex decision-making processes. AI (and the logical evolution of machine learning) and deep learning are the foundation of the future for business decision-making. Why is artificial intelligence important?

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25 Crypto influencers to follow on IG, TW, and YT for 2023.

Finding the right people to teach you about topics like cryptocurrencies can be difficult. If you’re a cryptocurrency enthusiast looking for some insight into the world of cryptocurrencies. What is a crypto influencer? The popularity of social media and the growing interest in cryptocurrencies has made it possible for cryptocurrency influencers to regularly inform themselves about the cryptocurrency market. A cryptocurrency influencer is someone who has years of experience investing in cryptocurrencies and posts content related to cryptocurrencies and the decentralized economy on the Internet to inform and educate others. Cryptocurrency influencers discuss weekly developments, the latest investments, and predictions on the future state of cryptocurrency marketing. For all cryptocurrency enthusiasts, here’s a list of the top 10 cryptocurrency influencers to follow on Instagram, Twitter, and YouTube 5. Top 10 on Instagram: 1. Robert Kiyosaki In the early 2020s, celebrity Robert Kiyosaki became an advocate for decentralized finance. Kiyosaki’s success in writing about finance and wealth encourages his followers to explore endless cryptocurrency opportunities. In addition to cryptocurrencies, Kiyosaki also provides quick tips and tricks for building wealth by saving moderately and maximizing your investment portfolio. Followers: 2,900,000 2. CryptoExplorer CryptoExplorer is another Instagram account managed by an anonymous team of cryptocurrency enthusiasts. With interesting media and various topics related to the growth of cryptocurrencies, CryptoExplorer easily gained over 642,000 followers. Followers: 659,100 3. Cryptonary Cryptonary is a team dedicated to keeping you informed about the cryptocurrency market, metaverse, and NFT. Cryptonary is one of the trusted sources for the latest news and trends in social media. Its content ranges from funny memes to concise analyses of various cryptocurrency-related topics, such as weekly market trends, metaverse development, and NFT printing. Followers: 562,000 4. BitBoy Crypto Ben Armstrong, popularly known as BitBoy Crypto, is a cryptocurrency enthusiast with a large following on Instagram. The content creator is dedicated to broadcasting cryptocurrency news and updates in videos, either on Instagram as vertical videos or on YouTube. In addition to generating discussions with videos, Ben likes to share memes on Instagram. Followers: 474,600 5. Irene Zhao Zhao is one of Singapore’s most influential internet stars. Zhao is one of the countless celebrities who have launched their NFT collection. After the successful launch, Zhao hopes to create a blockchain-based platform for online creators to get decent compensation. Zhao’s success is a testament to the power of influencer marketing, which is gaining traction and delivering profitable results from start to finish. Followers: 441,600 6. ShareCrypto ShareCrypto is one of the oldest accounts for cryptocurrencies and other related news since 2016. For anyone who wants to keep up with the latest market news, ShareCrypto is a must-visit account for the variety of featured articles. Followers: 421,500 7. Armando Juan Pantoja FinTech entrepreneur Armando Juan Pantoja, better known by his username tallguytycoon, is a recognized expert in cryptocurrencies and finance. With a background in software engineering, Pantoja has significant knowledge about optimizing blockchain-based technologies. Pantoja’s Instagram feed is the holy grail for cryptocurrency traders just starting. Pantoja also shares motivational quotes to inspire people in their cryptocurrency trading endeavors. Followers: 406,000 8. Coingrams Coingrams appeals to cryptocurrency enthusiasts with its fair balance of cryptocurrency market highlights and memes. Followers: 261,300 9. CryptoPunks CryptoPunks is an Instagram account full of NFT art. CryptoPunks shares new NFT releases on Instagram to gain followers and generate excitement. Although the Instagram account is unofficial, it highlights these digital artworks’ popularity and cult-like influence. Followers: 246,100 10. Matthias Mende Matthias Mende is one of the top cryptocurrency influencers in Dubai, with over 215 000 followers on Instagram and a diverse portfolio in cryptocurrency trading and social media marketing. His foray into cryptocurrency marketing began with Block Gemini, where he served as Chief Strategy Officer at the blockchain development company from 2018 to 2021. Mende’s interest in cryptocurrencies ran deep and he launched his celebrity and blockchain marketing platform, Bonuz. Followers: 213,400 Top 10 on twitter: 1. Elon Musk Elon Musk is one of the most influential people in the cryptocurrency world. His prolific tweets are known to move markets and dictate the next best investments. The platform’s board of directors unanimously accepted Elon Musk’s offer to acquire the social network for $44 billion. Followers: 124,000,000 2. Vitalik Buterin One of the best experts in cryptocurrencies would undoubtedly be Vitalik Buterin, the co-creator of Ethereum. His influence in the cryptocurrency world has been immense, not only with the founding of Ethereum but also as an investor in other currencies. He is one of only five people to achieve billionaire status before the age of 30 and is well-known in the cryptocurrency community. Followers: 4,700,000 3. Adam Back Adam Back’s influence in the cryptocurrency world dates back to his beginnings in the 1990s as one of the first bitcoin developers. He is currently the CEO of Blockstream, a cryptocurrency company where many of the core bitcoin development team members work. Followers: 505,200 4. Andreas Antonopoulos One of the most influential and respected people in cryptocurrencies, Andreas Antonopoulos was instrumental in his growth as an enthusiast and educator. As a leading cryptocurrency analyst, he is known for his insights that help others learn about Bitcoin and other decentralized technologies. He is also the author of two bestsellers, Mastering Bitcoin and The Internet of Money. Followers: 754,700 5. WhalePanda An early Bitcoin adopter, WhalePanda has been in the crypto space since 2013. Followers: 294,600 6. Camila Russo Camila Russo is a former Bloomberg reporter and content creator who has written extensively on finance across continents and asset classes. She is also the founder and CEO of The Defiant, an information platform focused solely on decentralized finance, for good reason. At The Defiant, she leads a team of content creators who provide essential information about the rapidly evolving world of cryptocurrencies and decentralized finance. Followers: 90,900 7. Sara Trojanowska Altcoin Sara is one of the newest cryptocurrency advocates in the community. Apart from that, Altcoin Sara is also a YouTuber; On her channel called Altcoin Buzz

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e-devlet

Turkey to start using blockchain-based ID for online services

Shortly after the Central Bank of Turkey will complete the first test of its CBDC, Turkey launched a blockchain-based digital identity application. A digital Turkey in 2023 Turkey plans to use blockchain technology to log into online public services. e-Devlet, Turkey’s government digital portal used to access a wide range of public services, uses blockchain-based digital identities to verify Turkish citizens’ logins. Turkish Vice President Fuat Oktay announced during the Digital Türkiye 2023 event that citizens will be able to access e-wallet applications using blockchain-based digital identities, reports Cointelegraph Turkey. Turkey is a crypto country Turkey is obsessed with cryptocurrencies, especially Dogecoin, study reveals Oktay called blockchain-based applications a revolution in e-government efforts and added that online services are becoming more secure and accessible thanks to blockchain technology. Users can store digital information on their cell phones. “A login system that works in the realm of digital wallet applications will allow citizens to log in to e-Devlet with a digital ID created on the blockchain network,” Turkey’s vice president said. New blockchain-driven projects could become a reality in more and more countries Turkey has announced several blockchain-encouraged projects in recent years, but very few have come to fruition so far. The country’s plans for a national blockchain-based infrastructure date back to 2019. But aside from a few proof-of-concept projects and a central bank digital currency trial that came after some delays, its blockchain-based ambitions are what they have hopes. Turkey’s Konya cultural center has been developing a project for a city currency that citizens will use to pay for public services, but no further progress on this has been communicated to the public in the past two years.

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The Metaverse and the NFTs – Key Differences

In recent months we have seen emerging technology news and trends centered on the Metaverse. The Metaverse along with NFTs The Metaverse offers many new experiences in the virtual world such as attending virtual concerts, traveling, shopping, transacting, going to the movies, trying on clothes, changing the way you work, creating new branding, etc. The main connection between Metaverse and NFTs is that it contains a complete economy and encompasses the physical and virtual worlds, so it is decentralized. Hence the assignment between the two is related to digital assets and how value is assigned to them. The blockchain When we talk about NFTs as assets for transacting in the metaverse, it is necessary to clarify that they use the same blockchain technology that cryptocurrencies use, although they are not a type of currency per se. We know digital assets as works of art, video game content, music, or any material that can be attached to that particular token. Hence why so many artists and content creators have joined this new trend of monetizing their work. The assignment with blockchain goes through a fundamental pillar as it is that this technology ensures that these assets are verifiable, that is, buyers of a single asset can monitor it. Why are NFTs the key to the metaverse? The unlimited trading opportunities offered by the Metaverse make its association with NFTs a natural fit. NFTs can help gain exclusive access to a specific location in the Metaverse and virtual property titles. Examples include: Fair and transparent economy: the union of the two allows individual users and businesses to easily represent their assets and solutions in the real world in a decentralized digital environment. The blockchain network would be responsible for providing transparency and immutability as the metaverse would be based on this fair and open economy where there would be no possibility of artificial inflation of values. Purchase of property:  metaverses allow users to obtain full ownership of virtual rooms in the metaverse through NFT. Examples include selling virtual land for profit or renting land for passive income related to building business, or event development. The possibilities are endless and there is much more to discover. The coming together of NFT, Metaverse, and Blockchain marks a tipping point and has the potential to transform the future.

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BAYC

The Bored Ape Yacht Club Story

Imagine a yacht club where a huge amount of cartoon apes get together to discuss the latest science fiction they’ve read or share tips on crypto art collecting. Well, welcome to the Bored Ape Yacht Club this was NFT’s most talked about project in crypto circles. There is a reduced supply of tokens, in this situation, 10,000 Bored Ape NFT are unique. Their owners possess entry to special functionalities, such as a digital graffiti wall called The Bathroom. This idea of “token-locked login” has appeared in these social or particular token projects, where members own a certain balance of tokens to gain entry to a particular Discord server or Telegram chat set. Another interesting social interaction of these NFTs is that Ape owners additionally can do whatever they want with the intellectual property tied to the token, which means they can produce T-shirts or other merchandise with artwork tied to the token they own, and no one is going to sue them for that reason. The Ape’s win opened the door to a new way of forming partnerships around the crypto world and NFT assets. As we remember these are tokens that are bought and sold on the open market. In the past, this social interaction was left to chance. For example, CryptoPunks fans could generate their chat rooms to dialogue about the scheme among themselves. Or they developed their ways to signal their membership, such as modifying their social networking profile to that of the CryptoPunk they had). However, as NFT projects evolve, they begin to build these properties from the ground up, such as Apes’ token-activated chat. When that is in place, a plan requires things for individuals to do. The initiative is that since the whole program is open source and smart contracts live on a blockchain for anyone to interact with, in theory, individuals could generate new projects that work with those contracts, building a “composable” program world, which is changing as NFTs mature. These NFTs were created by four friends who introduce themselves on the BAYC website as Gargamel, Gordon Goner, Emperor Tomato Ketchup, and No Sass. There is not much information about them but, thanks to their initiative and the community that has been created around the Apes, we have seen thousands of projects that have tried to replicate this success.

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IEO

What is an Initial Exchange Offering (IEO)?

An IEO mainly takes place once a new cryptocurrency project wants to launch its cryptocurrency or blockchain product, and needs relevant investment capital to do so. Difference between ICO and IEO IEO differs from an Initial Coin Offering (ICO) in that it is facilitated by a cryptocurrency exchange such as Binance. Projects can raise funds from the exchange’s clientele and start their token business shortly thereafter. There are or remain in developing a huge number of cryptocurrency and blockchain projects. Attempting to raise funds from venture capital (VC) organizations can take a long time, with little or no results. Furthermore, it is feasible to produce pieces of a plan before launch, something called “pre-finished,” and keeping them in the box, however, commonly creates criticism from society. Why an IEO? Generally, opting for an IEO could be an eye-catching alternative, continually that the inventor has a strategy for action and is committed to achieving the plan’s prospect. As the name indicates, an initial barter offering (IEO) involves utilizing a cryptocurrency exchange to raise funds for a new plan. It is quite common to exchange assets on such platforms, however, this mainly only happens after developers have raised funds to launch their projects. Conclusion: With the support of an exchange that enables the trading offer, registered users who have provided their KYC information are going to be able to get the background tokens to start trading on the open market. Once developers of a cryptocurrency scheme decide that they want to host an IEO, they have to go through a complex process before they can raise the first dollar. However, they have to establish whether their initial barter offering is going to have a “higher cap” or a “soft cap.” A “soft cap” institutes an initial target to be achieved, but makes it possible to integrate more shares thereafter.

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trading

The crypto trading

Trading is a form of investment and searches for profitability that has become very popular in recent years thanks to the advance in technology and information systems. What is trading? Financial trading consists of the buying and selling of listed financial instruments (shares, companies, currencies, commodities) using an online platform, to obtain short-term economic profitability. Its operations are based, fundamentally, on buying an asset and then selling it at a higher price or selling an asset at a high price and buying others at a lower price. Types of trading: Day trading: It is a way of investing in the short term in which the stock market operations of buying and selling assets are opened and closed on the same day. In this type of online trading, you can trade currencies, stocks, commodities, or cryptocurrencies, among other assets. Scalping: This is also a type of short-term investment in which actions are executed in a few minutes several times a day. The most popular is Forex scalping, a trading style in which large volumes are invested for very short periods (minutes or even seconds). Swing trading: Unlike the previous modalities, it is a trading variant that allows you to trade in the financial markets in the medium term. Trades can be left open and last up to ten days. This technique uses charts that the stock price draws session by session to detect trends, taking advantage of them to make money both when the market is expected to rise and when it falls. Trend or directional trading: This operation is very similar to swing trading, since, like swing trading, it uses market trends to design a strategy. Whether upward or downward, directional trading is positioned in the market by taking advantage of the behavior that the charts have been showing. The main difference with swing trading is that operations can last for weeks, months, or years. Social trading: This is the name given to a new type of investment based on connecting users or traders by taking advantage of social networks. In this way, the most advanced traders share their strategies with beginners, who can follow, learn and copy the most experienced and successful investors. Conclusion It is important to know the types of trading that exist because these are concepts that we can find when talking about cryptocurrency trading since many times the same techniques and bases of traditional trading can be applied.

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criptocapitalism

Crypto Capitalism

Capitalism is the economic system that is based on private ownership of the means of production, in which the market serves as a mechanism to allocate scarce resources efficiently to generate wealth that goes to private individuals and not to an organization such as, for example, the state. Understanding this concept of capitalism, how do cryptocurrencies affect this system? Thanks to the blockchain system we could say that we have been entering a new stage of capitalism that is marking a before and after in the way we live and consume things as the internet and smartphones did. As we mentioned before, what capitalism seeks is that the goods belong to the person who is working it without the intervention of politics or the state, which is exactly what the crypto world has been introducing to us with its blockchain, which in the transactions there is no institution of any kind that sticks its spoon, but everything is between those involved in the transaction and the block that remains in the public record. To talk about crypto capitalism let’s take into account the ICOs. These tokens are used by companies to sell through individuals, the work as a financing activity of the company, and that you can use for products or services of this same. This allows starting funding new businesses this way since they not only do not need to meet with investors to get their funding since they do not have any kind of border and anyone anywhere in the world can contribute the amount of money they want to support the business. While this is a reality that has begun to be adopted, there are still things to consider such as political leaders calling for some form of regulation of the cryptocurrency market so that they are taxed, although this of course does not seek to regulate generalized money. Experts comment that although ICOs are born as a form of financing, some do not have well-marked limits and end up attracting more capital than they said they needed. We are just beginning to understand everything about this type of capitalism that is going to revolutionize everything we know today.

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cardano

The Cardano network

Blockchain technology is constantly growing all the time, there is always a new technology appearing that in one way or another optimizes the way we create a blockchain. Cardano is a combination of these technologies as it is a public platform developed in 2015 as an open source and uses a proof of stake as a consensus protocol as well as facilitating transactions between individuals. The currency that comes with this new blockchain platform is what we know as ADA. Differences with a classic blockchain: Because of its proof-of-consensus (PoS) system known as Ouroboros, it manages to perform complex calculations to maintain the chain and leave great energy savings. This same system is designed to achieve the maximum level of decentralization in the blockchain. Blocks are created using epochs and slots. At the beginning of each epoch, a set of leaders is elected and each is given the right to allocate a block in a specific slot. The leaders are chosen by several processes being the first one the amount of ADA that the interested parties have in their wallets, so the ones with more will have more chances to be chosen, then from all the interested parties, one is chosen randomly to validate them and incorporate the next blockchain, and finally, the leaders that have been previously selected vote for the election of the next leaders, which guarantees that it is a win-win situation for all avoiding bad intentions of those who validate the block. This consensus method allows the blockchain to record between 50 to 250 transactions per second. It is expected that in future updates up to 5000 transactions per second can be generated. Unlike bitcoin, new ADAS are not created or granted to miners, but to stakeholders interested in becoming leaders. It has a transaction layer known as the “Cardano Settlement Layer” for transactions using its ADA cryptocurrency, but in the same way, it has a computation layer still under development known as the “Control layer” in which its smart contracts are executed in a similar way to Ethereum. It is written with the Haskell programming language which is often used by banking and military defense sectors alike. This type of blockchain network has been gaining a lot of importance in the current market, in addition to the fact that it is a network compatible with multiple cryptocurrencies which gives the possibility that in the future a transfer of cryptocurrencies between wallets could be achieved.

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blockchian-tech

Blockchain in digital marketing.

Blockchain is a technology that allows the transfer of data in a completely secure way thanks to very sophisticated encryption. It is often compared to a company’s ledger where all the inflows and outflows of money are recorded. Of course, in this case, we are talking about a digital ledger of events. The Blockchain contributes to a great novelty. And is that this transfer does not need an intermediary to check and approve the information, but it is distributed in several independent nodes that record and validate it. Thus, once the information is entered, it cannot be deleted, only new records can be added. Furthermore, it will not be legitimized unless the majority of them agree to do so. The latter is considered mission impossible. The Blockchain brings full confidence when making transactions. Goodbye to counterfeits. Products within the blockchain could be tracked from their manufacturer to their recipient. In this way, we could verify that what we buy is not a copy. This makes the brand stronger and would eliminate the consumer’s possible fear of buying something counterfeit. Until now, if a company proposed to do something, we could only trust their word or resort to a professional (either a lawyer, a notary, etc.) to ensure it was fulfilled. This changes with the Blockchain and its smart contracts, i.e., they are automatically honored once the parties have agreed to the terms. These cannot be destroyed. A piece of paper can be stolen, disappear, burned, etc. With Blockchain the “company promise” is accountable and public. I thought for a moment that we would have to rely on a single, universal card or key to use the Internet. A key that will replace all the previous ones we used for browsing, banking, social networks, and other personal data. If all this information were in a Blockchain network, it would put an end to the anonymity in social networks (the so-called trolls) and to all those who impersonate others to attack their competitors. This would increase user security. When purchasing a product online, we must trust that we will receive it without problems. However, we can end up being victims of scams without the possibility of taking action. Blockchain technology brings greater security to the online purchasing process through e-commerce. The reason is that it allows products to be tracked from manufacture to delivery. In other words, the user knows the entire production process, thus avoiding counterfeits. Blockchain is a technology that can revolutionize the Digital Marketing universe. Although it is not yet a rising trend, it helps to solve many problems in assignments in this area. So who’s to say it won’t be implemented shortly?

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How mining has affected component prices

Cryptocurrency mining is the process in which miners use computing power (hashing) to process transactions and obtain rewards, in this case, cryptocurrencies. In other words, it is the process of recording blockchain transactions to obtain a cryptocurrency. However, to achieve this, a powerful computer is needed to be able to process large amounts of data, miners acquire high-end GPUs (graphic cards) and CPUs (Central Processor) to start mining. Due to the constant increase in the value of cryptocurrencies many companies and organizations have opted to start mining which has caused the prices of graphics cards to double and many of them even run out of stock. An example of this was the new RTX 3000 series GPU that was introduced in November 2020 which in just one month was no longer available. However, the price of the components has dropped in recent months due to the Chinese government banning bitcoin mining which caused mining groups such as HashCow or BTC.TOP suspended its operations in China which caused the fall of bitcoin which in turn lowered the demand for components for this activity. Let’s remember that China is responsible for 65% of bitcoin production worldwide. Experts in the field believe that this is temporary since companies are considering moving to other countries to continue their mining activity and in turn, the value of bitcoin has started to rise again as well as other cryptocurrencies, which could cause the prices of components to increase again and its stock to decrease making it more difficult to obtain. Thus affecting other sectors that need this technology.

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NFT

What NFTs are used for

NFTs are digital assets that gained a lot of popularity during the pandemic years becoming worth thousands and thousands of dollars. Currently, the market has stabilized more and we no longer see both madness as before, even part of this is due to the fall that cryptocurrencies had almost nothing. These assets can be found in OpenSea which is the main platform where people usually keep their assets. But what are their uses? The uses of NFTs vary quite a lot and they do not only work as digital art, which is what is usually believed, here are some of them Music: We have heard of several bands and musical groups that are exploring the world of NFTs to release versions of their music albums and some of their songs. Certifications and licenses: Every day the way is being paved so that we can have our NFT IDs, digitally carrying them and with real validity. Sports: Currently some teams have decided to try selling tickets as NFT, such is the case of the PSG team that has sold tickets for their tour in Japan. Properties and real estate: With the advent of the metaverse and digital properties such as land or smaller assets, eliminating intermediaries in the purchase and sale of real estate. What is the purpose of NFTs? Unlike cryptocurrencies or bitcoin, NFTs are unique tokens, of which there is only one and there will never be another one like it for anything in the world. They are transferable but we can not split them into decimals, for example, if I have 1 bitcoin, I can sell 0.005 part of it and keep the rest, but the NFT is not like that if I have an NFT of something and I want to sell it I can only sell the whole unit and not just a part of it. So in a very simple way, NFTs serves as a certificate that validates that a person owns something which guarantees its authenticity and uniqueness. Why do people buy them? The main reason why people buy NFTs is because of their value, as this always tends to go up, this is because they are unique so if a person wants it they have no choice but to buy it at the price you set. Another reason why people buy them is somehow for a sense of belonging since the most popular NFT collections have communities, so having an NFT makes you part of it. This feature became very popular with the Bored Ape Yacht Club, which was an exclusive club where only people who had their NFT could have access to exclusive content. This stuck and there are now many collections that offer exclusive products and even shares within the collection. How can I earn money with NFTs? The easiest way to earn money is through speculation, you find a collection that you like, you see what they offer you to own the NFT and buy it, what you have left is to wait until the public sale is over and there is a sold out, from this moment is when the offers begin and nothing more is to wait for you to get one that interests you. This sale can be done directly through a wallet transfer or platforms such as OpenSea. Another way to earn money is by the benefits that the collection gives you, for example, there are some that for each collection they sell they give you a part you just for owning one of their NFT, or there are other collections that for having their daily NFT they deposit you the project’s currency which always has a value. In the end, the main way to earn money is by buying an NFT and selling it later at a higher price, although you always have to be careful because this is not necessarily going to happen. In The Blue manakin, we always recommend that you make a good analysis before investing money and as always that this is one that you can afford to lose without affecting you.

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criptografí

What is cryptography?

Information protection is one of the most important issues within a company. A security breach could compromise all the sensitive information that the company may have, so the necessary security measures must be taken so that no confidential information is lost. Cryptography is a set of techniques used to protect information so that only authorized persons can access it. The word cryptography derives from Greek in which crypto is hidden and graphic is writing. In short, we can say that it means hidden writing. Cryptographic techniques transform data into codes, preventing unauthorized persons from reading them. Only those who have the “key” to the file can read the information. The following are some of how cryptographic security works: SSL (simple encryption): This is the recommended security measure for websites, especially for those that request the sending of private customer information, such as personal data or bank details. This method validates the URL address of the site’s domain and protects the information. VPN: A virtual private network (VPN) is a type of private connection that uses a public network to access your company’s data. It contains connection encryption that prevents data interception and IP tracking. This is the most secure way to access company data on a public network. Email encryption: This type of cryptography allows the encryption of email signatures, guaranteeing the verification of the origin of emails sent and received. This type of protection is suitable for companies that need to guarantee secrecy in legal matters, where emails cannot be used as evidence. Symmetric key: The key is used by both the sender and the receiver, i.e. the same key is used to encrypt and decrypt the data. The use of this method is not recommended for storing very important and confidential information. Asymmetric key: This method uses two keys: one private and one public. An encryption key is created and sent to whoever needs to send information (this is the public key). A key must be created for decryption (this is the private key). The secret private key must be sent only to the one who authorizes decoding the data. We hope you found this blog interesting as it is important to understand what cryptography is and how this type of security has given a basis to how cryptocurrencies were expected to work.

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cryptoworld

CryptoWorld 101

Anyone wishing to enter the world of cryptocurrencies is faced with a myriad of questions. Since this new digital economy is like discovering a new land because you can find many good things, there is also some uncertainty due to the vast areas it covers and the fear of making a mistake along the way. That is why we will put the questions that we usually ask ourselves before entering this world What are cryptocurrencies? Cryptocurrencies are dematerialized currencies, i.e. they are digital or virtual, they are encrypted and decentralized since they are transferred between individuals without any other intermediary. They are not tangible and exist only in electronic systems. They allow people to send money with very low transaction times, even more than a bank, the commissions are low and there are no intermediaries or credit cards. Why use cryptocurrencies? Cryptocurrencies are a true revolution, as the Internet once was. This new form of decentralized financing will surely generate great changes in the coming years. Cryptocurrencies should lay the groundwork for new modes of secure and open organizations. Of course, not all cryptocurrencies are equal. Some have had a bigger boom than others in the market, such as Bitcoin, Ethereum, or Litecoin, but many lesser-known ones are promising. Where to buy it? When you start in the world of cryptocurrencies there will be many pages that promise you that by investing a low amount of money you can reach exorbitant amounts, what you need to taste is which platforms are the right ones so that you feel confident about what you are going to invest in and where you are going to put your money. The best platforms for this are simple buying platforms or trading platforms. If they want, when they already have some cryptocurrencies they can exchange them for other altcoins or directly for euro/dollar money. To do this, you can directly use Coinbase or Binance platforms for example. We hope that these simple questions can lay the foundation for you to start getting deeper and deeper into this big world. In our blog, we have more posts that can help you to ease your walk and feel more confident in what you do.

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blog-cripto

TOP 10 Cryptocurrency Blogs and Websites to Follow in 2022

Cryptocurrencies and NFTs have updates practically every day, plus their market is volatile, it can change from one hour to the next so there is always a constant conversation generated from them. Also, companies are always coming up with new ways in which cryptocurrencies can be applied to new types of businesses or generating collaborations with brands that attract too much attention. This is why we bring you some of the best sites and blogs to be able to keep you up to date in this fast-changing space. Next, we have: CoinTelegraph It is always up to date and has interesting and informative topics on everything related to cryptocurrencies and blockchain. NFT Lately This page mainly focuses on the latest relevant news with new collection releases and all the events in the NFT world. Bitcoin.com Focused on giving us the latest details about bitcoin, but also comes out with the latest news on important topics about this world and the blockchain. Forbes A magazine dedicated to sharing various topics of technology, finance, and both other topics of the last moment. One of the characteristics of their notes and why it is worth reading them is that they share tips and strategies on finance, especially with cryptocurrencies. CoinDesk Like Forbes, in CoinDesk publishes a lot of news on different topics most of them about technology and business, but the vast majority are about the most relevant news about the crypto world and its education. They also upload content of opinion articles and interviews aligned on a substantial front page, as well as a podcast. CryptoNews Whenever something new comes out regarding the crypto world, you are sure to find it here first. They also share tips on how to move through this world. Bitcolumnista Known for their popular blockchain guide. What is the most attention-grabbing is that they allow their community to choose content with a downvote/upvote system ensuring that the first thing you see is quality content. CoinMarketCap This site is primarily used for market analysis including price charts, market cap, and trading volumes. You can also get, but they also share news about new coins and ICOs. Criptodiario This site mainly publishes news about popular coins such as Bitcoin and Ethereum. As well as NFT-related content and the latest news from the metaverse. The Blue Manakin Here at The Blue Manakin we have our cryptocurrency blogs, focused on answering the questions we usually have when we start getting into this vast world. You can also find news about what is going on in the world of cryptocurrencies and NFT. We hope these pages are of interest to you and help you to always stay educated and updated about this changing world.

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comunidad-crypto

8 Tips to grow a crypto community

Having a large and active community is one of the most important things to having a cryptocurrency or NFT project because this can be a good sign of a prosperous future in the project which can bring more investors or people who are going to buy our collection. In marketing, it is said that one of the best techniques to promote something is through the mouth of the people, if people speak well of your project that will attract more people because there is something good there. That’s why we bring you some tips so you can make your community bigger: Create a space where your community can live together: One of the first steps we must do is to have a space where we can receive people who will be part of our community, these spaces are usually different depending on what your project is focused on. If it is an NFT project the best is to create a Discord server, here you can create different types of channels to entertain your community and keep it informed about the project. In the case of cryptocurrencies, it is best to have a telegram group, as these are usually more serious so the means of communication must change and the telegram is the space that best suits this. Social networks: Now that we already have a space where our community can stay, the next thing is to have our social networks always active, sharing information about our project and its status. In the same way, if we have an NFT collection it is best to have some networks so to speak, more colorful and cheerful, we can adopt the identity of our project and by that means share it. With a cryptocurrency project, it is best to keep the social networks a little more serious, in which we can share project updates, some important data as “facts” about the problems we seek to solve, and something important is that social networks are like a space that we can use as a customer service. We must not forget to try that in most posts we make, we leave links to our server or group. Use your mission to create a story: The reality is that there are already thousands and thousands of NFT collections and cryptocurrency projects, so it is important to find a way in which our project can thrive. We have to find a problem that we want to solve and with that base, we can develop the best way to share it through a story, an image, and above all a community. The people who join the community will not do it just to make money, but for what it means to be in your project and not just to be there but to be part of it. This will get them to share the project as if it were their own. Moderators: There must be always a person who knows the project active in the group or server, and also helps to maintain order within it, For this, we will use the moderators who will be the people who will be on the server while the creators are not there and what they will do is keep the conversation alive on the server, when someone asks a question also solve it and when people arrive to put disorder they maintain it. Reward your community: There are thousands of dynamics that we can do in our groups to be able to give things to our community and see a way that the creators have to thank them. This can be done through airdrops or by giving away a space for the WL or even an NFT. We can also take advantage of it for our social networks and that way grow the community even more. Make special events: You can make different events for your community, such as a space to share ideas with your followers, and make games inside your server to have a fun time but the important thing is to generate a connection with the community. Collaborations with other communities: Something we always like to mention is that in the end, it doesn’t matter what your cryptocurrency collection or project is about, in the end, we are all looking for the same thing which is to achieve a decentralized financial society. Look for communities that are open to collaboration so together you can grow your communities with more people looking for the same thing and thinking alike. Get experts: Our biggest recommendation is to find people who know how to move through this medium well. A crypto project marketing agency is one of the best ways to grow our community since a good agency already has its moderators and can manage your social networks and make the copies that best suit your project. At The Blue Manakin, we have the tools to help you grow your community, contact us for a quote. We have network moderation and both Discord and Telegram servers and we adjust to what your project needs.

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