The digital world is transforming in ways we never imagined, and Non-Fungible Tokens (NFTs) are leading the way. Thanks to blockchain technology and NFTs, social media platforms are beginning to experience a new level of engagement. From customizable avatars to augmented reality items, NFTs are giving big tech companies new ideas. This article will explore the potential benefits of using NFTs for social media platforms and the sector’s best practices. In this context, Instagram's experiment with NFTs represents a peculiar…
Collateralized Loans
What Are Collateralized DeFi Loans?
Collateralized DeFi loans are backed by collateral in the form of cryptocurrency. They work by allowing borrowers to put up a certain amount of crypto as collateral and borrow a smaller amount of money in return. The collateral is held in a smart contract and can be liquidated if the borrower fails to repay the loan. A practical example of a collateralized DeFi loan would be a borrower who wants to borrow $10,000 in stablecoins. In return, they would put…
Block Education 
@BlockEducation
@BlockEducation
2 months ago 
140 views