Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project name "Herencia Artifex" (abbreviated HXA) is Latin for "Herencia" (inheritance) and "Artifex" (artist). The HXA project aims to use NFT to pass on outstanding artists and crafts. This genre-transcending artistic collaboration in the Web3 space will give birth to new art forms and expressions, contributing to enriching the field of art. NFT…
Financial System
Increase in Bitcoin Adoption and Possible Reduction of Bureaucratic Friction in Developing Economies
Several cryptocurrency market participants are clamoring for greater adoption. This is because it will promote the philosophy of cryptocurrencies worldwide. Recently, authorities worldwide took steps to regulate cryptos thereby clearing the way for more adoption. Bitcoin is gaining traction in developing countries worldwide even as numerous individuals consider the leading cryptocurrency as an investment vehicle. Continents that appear to be at the center of the fresh sway of adoption for Bitcoin include Latin America, Africa and Asia. Matt Ahlborg featured…
3 years ago 773 views
Synthetic Assets – Why Crypto Investors Should Consider them
Synthetic assets have been a standard fixture in the traditional financial market. However, with the financial world shifting to a digital approach, it is no surprise that synthetic crypto assets are also cropping up. Like many other investment vehicles, synthetic crypto assets are similar to those in the traditional market. This article will delve into the details of synth assets and how they work. But before we get into the nitty-gritty details of synthetic assets, how about a short recap…
3 years ago 1.1 k views
The Current Financial Trend Will Boost Bitcoin
Some factors should make traders go short on Bitcoin following the 50 percent crash in March. The crash compelled numerous people to abandon the crypto domain as the liquidity of cryptocurrency markets fell recently. Dan Tapiero of DTAP Capital and Gold Bullion International noted the unbelievable nature of the latest price action in the investment-level corporate bond market. Charts revealed that corporate bonds’ index is about to attain its lifetime highs following an extreme 20 percent retracement, coming from bonds…
3 years ago 562 views
A Post Pandemic Growth Expected For Ethereum’s DeFi
The Covid 19 pandemic has exposed the world's financial system to tremendous challenges. The United States government proposed a jaw-dropping $2.2 trillion bailout for the stock market. All this was to act as a relief measure to the current crisis within the traditional markets. Such interventions point to centralization being a powerful and indispensable feature in the traditional financial system. Equitable and Faster Wealth Distribution But reports point to the existence of a huge challenge regarding wealth distribution of this…
3 years ago 578 views
Differences Between the Financial Traditional System and Cryptocurrencies
Over a decade ago, the first cryptocurrency to permit secure transactions (bitcoin) changed the fintech world. It is based on cheap peer-to-peer transactions and is designed to be completely decentralized. This digital evolution was set up to eliminate the centralized model of managing finances that monopolized the industry. However, a virtual currency based on blockchain technology has remained in the speculative emerging finance growth category over the years. That means we are still heavily reliant on the traditional financial systems…
3 years ago 2.1 k views
Binance CEO, CZ, Views The Current Financial System as Broken
Changpeng Zhao (CZ), the CEO of Binance was quoted saying that the current global financial system is broken. He believes Bitcoin and other crypto are the solution to this global problem. CZ notes the corporate culture which gang presses CEOs to pursue short-term objectives instead of lasting solutions. His blog post views investors as part of the cause, vaunting CEOs who can push up stock prices and make good profits every quarter. He thinks investors should rather praise their CEO…
3 years ago 618 views
Beginner’s Guide to Fundamentals of Cryptocurrency Trading
Mainly, a trader buys and sells goods intending to make profits. That is, buy for less but sell for more. What and how don't matter, but when you choose to buy and sell goods will determine whether you are trading or merely investing in that product or service. Let's dig into the details. First, to fully understand the basics of trading, you should know the difference between investing and trading. Financial experts define trading as buying commodities, shares, and sometimes…
3 years ago 1.4 k views