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…
DeFi
Being one of the hottest niches in the crypto space, DEFI needs no introduction. This market offers endless passive income opportunities for those who know their way around.
So, who is leading the world of DEFI?
SIBEX
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SIBEX is an OTC dark pool that assists users in trading Bitcoin, Ethereum, and ERC 20 Tokens using hashed time-locked contracts (HTLCs).
MakerDAO
The MakerDAO is a decentralized smart contract platform on Ethereum. It is one of the most diversified and community-driven DeFi projects in the market. One of the DAO’s main functions (Decentralized Autonomous Organization) is to back and stabilize its native token value – DAI.
Compound
Compound Finance built an algorithmic, autonomous interest rate protocol for developers to unlock a universe of open financial applications.
KYC and Audit Solutions For Every Project!
Aave
Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate.
Synthetix
Synthetix is a decentralized platform on Ethereum for Synths' creation: on-chain synthetic assets that track the value of real-world assets.
0x Protocol
In order to facilitate decentralized token trading on the Ethereum Blockchain, 0x entered the market as an open-source protocol. Seamlessly and cost-effectively, 0x allows people to trade assets online. Using Ethereum smart contracts, the protocol allows anyone from around the world to participate in a decentralized trading system.
dForce
dForce Network is China’s ambitious project to take over DeFi by aggregating financial protocols from all over the world. The Beijing-based platform is now stepping out of the shadow.
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Polkadot
Polkadot has wasted no time in pursuing its goal to become the future internet of blockchains. It has rapidly climbed the volatile hierarchy in the crypto space to become one of the most promising projects out there.
NEAR
What started as an open-source platform built to accelerate decentralized applications has just turned into a decentralized autonomous organization, less than two years after its inception.
Curve
Curve Finance is a decentralized exchange that enables crypto trades between assets worth the same amount. The platform started as an alternative to the popular Uniswap DEX.
Balancer
The Balancer wishes to remain transparent as they carry out regular audits. Among the protocols that conduct the audits include Open Zeppelin, Consensys Diligence, and Trail of Bits.
KYC and Audit Solutions For Every Project!
C.R.E.A.M.
Since its launch in August 2020, Cream Finance has expanded to provide lending services, crypto exchange features, and it is now developing into a decentralized autonomous organization (DAO).
PoolTogether
PoolTogether is a next-gen DeFi platform that seeks to transform saving crypto into a fun-filled activity. This Ethereum-based protocol is the world’s first and most popular no-loss savings game.
Pickle
According to its website, Pickle Finance is “an experiment using farming to bring stablecoins closer to their peg.” The project emerged on September 11, 2020, and it quickly increased in value and popularity.