The old "Maybe Bottom" did not hold on the news that Chia Network Inc will sell 200k XCH worth ~ 5 Million USD from the prefarm.
The questions are:
- How many prefarm XCH will get sold the next years and how often? This risk now is clear visible.
- How is the financial situation that selling part of the prefarm was worth the lost in trust?
- How far in the...
Back from NFTNYC 2022 (was showcasing and promoting our new company there) and the biggest takeaway from the conference was the NFTs are here to stay, despite the downturn in the markets right now.
But during this period of market consolidation there have been a few "spikes" among select alt-coins as people start to tighten up their wallets and look for projects...
Proof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a...
Filecoin rallied this week in anticipation with its partnership with Monaverse, a new metaverse contender that focused on high-end, professionally built metaverse environments. A quick look at Monaverse and Decentraland - their pros and cons -- and why Proof-of-Storage projects are likely to do well regardless of who wins the race towards the most popular metaverse.
Marshall McLuhan's "Medium is the Message" has been the dominant ethos for Web2, the media, and the art world for quite some time now. The 3 camps often fight each other over status games, but they're all really part of the same coin if you look closely enough.
People have been talking about 22' being the year of the Music NFT, but I do think there's a bigger...
If you're looking for a long-term investment with a potentially high upside, the CHIA Network (XCH) has been slowly gaining ground in the crypto sphere among a few enthusiasts out there.
Originally founded by the creator of BitTorrent, the CHIA Network has an entirely different validation system from Proof-of-Work (PoW) or Proof-of-Stake (PoS) and uses an...
The NFT market remains strong despite its critics, but is still yet incomplete. We may see a race towards cheaper and more effective file storage systems as a result.
