Postingan

Menampilkan postingan dari September, 2022

PolkaStation — Nurtures Innovative Ideas In The Arena Of The Metaverse, DeFi, and NFT

Gambar
Web 3.0, DeFi, And NFTs Are Going To Change Blockchain World Are you one of the many wondering what the hype with blockchain and web 3.0 is all about? With the rise of non-fungible tokens or NFTs, blockchain adoption has grown to hundreds if not thousands of applications. We are rapidly approaching Web 3.0, a new internet that resembles our current internet but with tokenized ownership for digital art and technology. Web 3.0 is an extension of Web 2.0 and features off-chain computation and crypto-economic incentives beyond the platform itself, providing a new distributed system for applications. Web 3.0 envisions an integrated, trustless, accountable network for efficiently distributing value, creating an infrastructure for valuable things. NFTs are both transferable and nontransferable tokens that represent ownership of a specific asset (e.g., art) or proof of membership in a group (e.g., a club). NFTs can also be used as utility tokens that unlock exclusive features of a product or s