Alex is a frequent Starbucks customer in the United States. He accumulates reward points with every purchase. However, when Alex travels to China, his U.S. rewards are not valid. This regional limitation of traditional loyalty programs is a common issue. Web3 Loyalty Programs offer a simpler and more universal
Discover the game-changing role of NFTs in sports: Transforming cherished moments into unique, lasting memorabilia and opening new fan engagement avenues.
In the ever-evolving world of blockchain technology, understanding the distinctions between Layer 1 (L1) and Layer 2 (L2) blockchains is crucial for developers, investors, and enthusiasts alike. These layers are foundational to how blockchains operate, scale, and interact with applications and users. This article demystifies the concepts of L1 and
You must have often heard the phrase "Not your keys, not your coins". What are these keys? And why should you care? Essentially, these keys refer to private keys, which are paired with your blockchain addresses on the blockchain - where you keep these keys (usually a crypto
It's the late 90s, and a hit single could propel a CD to platinum status, filling an artist's pockets with royalties from each $15 sale (that is if they had a good deal with the Record Labels, of course). Fast forward to the streaming age, where
Tokenization is a cutting-edge technology that is revolutionizing the way we think about asset ownership and transactions in the digital age. At its core, tokenization involves converting rights to an asset into a digital token on a blockchain. These tokens can represent real-world assets such as real estate, artwork, company
Sarah, a graphic designer, creates a piece of stunning digital artwork. She uploads it to a blockchain platform, selling it as a unique digital asset – an NFT. Weeks later, she's thrilled to find out her artwork has been resold at a higher price, and she receives a percentage
Semi-fungible Tokens, or SFTs, are a hybrid form of token that blends properties of both fungible and non-fungible tokens. Initially, they can be identical and interchangeable, like traditional fungible tokens. However, upon a specific condition being met, they become non-fungible and unique.
Digital Collectibles are not new, but they have only become mainstream in the past 2 years due to the astronomical rise of NFTs (Non-Fungible Tokens). Digital Collectibles in the form of NFTs represent a paradigm shift because, for the first time in digital items, there is a programable limit on
Compressed NFTs are the newest NFT standard on Solana, improving scalability and lowering cost to store NFTs on-chain.
The year is 2027, and you've just arrived in a quaint part of Brooklyn, New York. There are no signs on any of the buildings, but you are pretty sure that you can hear things going on behind closed doors. So you put on your AR glasses, and
Trading cards are small cards made of paperboard or thick paper that usually feature images of athletes, fictional characters, places, or things. One example you might be familiar with would be Pokemon cards like this one of Pichu. The rarity of the subject usually determines the value of these trading