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…
Stellar
Less than a Dollar Cryptos to Diversify your Portfolio in 2021
The market price of the most popular crypto projects is over a dollar and is relatively expensive to most investors. Similarly, cryptos are valued under a dollar, where some possess features that make them stand out in the crypto market. Here's a look at the most promising cryptocurrencies costing less than a dollar that you should consider buying in 2021. Algorand Algorand is a blockchain protocol whose functions aim at being decentralized, scalable and secure. Since its launch, Algorand has…
2 years ago 615 views
Crypto Adoption: Older Investors Turn To Cryptocurrency, Says Report
A new report shows that crypto investors are, on average older than they were a few years ago. Could this be a sign of the growing adoption of cryptocurrencies globally? Older investors take to cryptocurrency There is a conception that cryptocurrency has more adoption among young people who are likely to be aware of the technology. This trend appears to be changing in recent years as Bitcoins gain mainstream popularity. A recent report on the adoption of cryptocurrencies published by…
2 years ago 621 views
German Real Estate Group Issues $24M bond using Stellar blockchain
German real estate group Vonovia has revealed that it has issued a $24 million bond via the Stellar (XLM) blockchain. This initiative was also driven by the recent approval of a bill in the European country that authorizes digital securities' issuance. $24 Million Digital Bond on Stellar Network Vonovia revealed details of the digital debt bond via a press release on its website. According to the report, the $24 million worth of digital bonds will be issued on Stellar blockchain…
2 years ago 632 views
Crypto Market Cap Hits $1 trillion After Incredible Rally
The crypto market has witnessed a massive bullish movement in the past 24 hours. At the time of writing, the total market cap has exceeded the $1 trillion mark for the first time. Bitcoin Hits New All-Time High Bitcoin (BTC) bullish run has continued in recent days as the leading coin continues its march towards uncharted territory. After experiencing a major dip a week ago, which saw the coin move below $30k, Bitcoin has recovered remarkably. The leading coin began…
2 years ago 507 views
Stellar blockchain to integrate USDC stablecoin into its ecosystem
Stellar (XLM) has announced that it is set to deploy stablecoin USDC on its blockchain network. This development is part of the Stellar blockchain aim to expand its capabilities as a cross-border payment platform. Stellar Latest blockchain to deploy USDC Stellar becomes the third blockchain to host USDC after Ethereum and Algorand, which joined last June. USDC will be integrated with all Stellar products, including payment solutions and APIs on its blockchain. Speaking on the development, Danielle Dixon, CEO of Stellar…
2 years ago 634 views
Storing Your XLMs – A Look at the Best Stellar Lumens (XLM) Wallets
Cryptocurrency wallets come in handy to offer a safe, transparent, and efficient way of storing digital assets. Crypto wallets essentially store users' private keys and public addresses. They may also provide encrypting and signing information, i.e., executing a smart contract function or a cryptocurrency transaction. In addition to storing the private key and public address, Stellar Lumen wallets store the third code, i.e., a Stellar Memo. The Stellar Memo is a feature that allows Stellar network users to communicate and…
2 years ago 779 views
Token Burning: Reasons Why Burning Tokens Is Important
What is Token Burning? Token burning or coin burning is an intentional action taken by the coin's creators to "burn," i.e., remove from circulation a specific number from the total available tokens in existence. There are several reasons to burn tokens this way, but generally, the move is for deflationary purposes. In a coin burn, the tokens are algorithmically taken out of circulation by sending the outputs to a public address known as an 'eater address.' However, the keys to…
3 years ago 4.8 k views
The Beginner’s Guide to Stellar Lumens (XLM) – All You Need To Know
Boasting a galactic ensemble of developers and one of the fastest cross-border exchange networks in the industry, Stellar is a success story waiting to happen in the world of cryptocurrency. Spurring from the creative mind of Jed McCaleb, Stellar announces itself as "borderless, limitless [and] powerful." With skyrocketing transfer speeds and some of the tiniest transaction fees on the market, this decentralized platform aims to practice what it preaches. Stellar comes with its crypto that bears an equally cosmos-like name.…
3 years ago 1.4 k views