Category: Nonfungible Tokens

OpenSea’s team of 37 staff are currently handling 98% of combined NFT volumes

OpenSea’s team of 37 staff are currently handling 98% of combined NFT volumes

NFT marketplace OpenSea is desperate to expand its team following a surge in trading volume. 1658 Total views 5 Total shares OpenSea’s Head of Product Nate Chastain posted a plea for help, revealing the popular marketplace currently comprises just 37 people despite currently processing 98% of all NFT volumes. The world’s largest nonfungible token marketplace, […]

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How NFTs, DeFi and Web 3.0 are intertwined

How NFTs, DeFi and Web 3.0 are intertwined

While blockchain itself provides the technology constructs to facilitate exchange, ownership and trust in the network, it is in the digitization of value elements where asset tokenization is essential. Tokenization is the process of converting the assets and rights to a property into a digital representation, or token, on a blockchain network.  Distinguishing between cryptocurrency […]

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