Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
Tag: NFTs
Billionaire Bitcoin Investor Says NFTs Are the Next Frontier of Cryptocurrencies
Bitcoin Billionaire Chamath Palihapitiya has revealed that NFT's (Non-Fungible Tokens) is the next frontier for cryptocurrencies. NFT's wave has been building for a while, and it appears to have a supporter in the Palihapitiya. Next Frontier Of Cryptocurrencies Chamath Palihapitiya made his opinion known in an interview with Bloomberg on Friday. The well known Bitcoin advocate was asked to reveal which other coin he holds apart from BTC. Surprisingly, Palihapitiya revealed that he is building a sizable portfolio of non-fungible…
1 year ago 
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NFT Market Sets New Records As Alien Cryptopunk Art Is Sold For $762K
In the midst of a booming market for non-fungible tokens (NFTs), a rare alien CryptoPunk art was sold for $762,000. CryptoPunks are considered to be the project that inspired the CryptoArt movement. CryptoPunk sold for $762,000 A non-fungible token (NFT) from the CryptoPunks collection was sold on Saturday, January 23 for 605 Ether ($762,000). This was revealed on the website of Larva Labs CryptoPunks are highly regarded within the NFT sector since they predate the creation of CryptoKitties and the…
2 years ago 517
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Luxury Watchmaker Breitling Gets Blockchain Based Digital Watch Certificate
A well-known Swiss company Breitling has become the world's first luxury watchmaker to leverage blockchain technology to offer a digital warranty program to its customers. The company is calling it a digital passport, which will be included with all of its watches starting October 13th. The company has tied up with Arianee technology to foray into the world of blockchain. Arianee technology is working towards building a global standard for digital certification of valuable objects. Powered by blockchain With digital…
2 years ago 278
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Chiliz Quest for Minting Real Time NFTs Births Chainlink Partnership
On March 4, Chiliz revealed their new partnership with blockchain platform Chainlink, to allow the formation of a real-time Non-fungible token(NFTs). According to the announcement, Chiliz will now be able to utilize Chainlink’s network to trigger the execution of smart contracts based on real-time data and events. This integration will make it possible for Chiliz mint NFTs for partners in real-time, using securely provided data available on Chainlink’s network. Moreover, Chiliz looks forward to launching a Chainlink Price Reference Contract…
2 years ago 327
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