Ad

Sunday, November 7, 2021

Blockchain, NFT gaming, Web3, Play to Earn, Cryptocurrency explained

Web3 content creation and monetization simply explained:


Web3 creator economy explained by Tarique Sha, beautifully and elegantly on twitter.

https://twitter.com/kissingsky/status/1428368687644364805?s=20

Bored Ape Yacht Club parties in NFT New York City #NFTNYC. 

Read uniqtech's mini report here:








NEWS, GAMING:

Twitch game streaming partners with crypto.com (who recently featured Matt Damon in an ad promotion).

News, regulation on Stablecoin

WSJ https://www.wsj.com/amp/articles/stablecoins-in-spotlight-as-u-s-begins-to-lay-ground-for-rules-on-cryptocurrencies-11632562202

News, reddit

Reddit may enter the NFT space by converting karma points into tokens.https://cointelegraph.com/news/reddit-to-reportedly-tokenize-karma-points-and-onboard-500m-new-users

Consensus

Coin swaps:

Some swaps we have heard of coinmarketcap, pancake swap, uniswap. We have not tried most of these options. Our non-professional understanding is that swap is likely a taxable event. We are not accountants, and do not have professional knowledge. This is not tax advice. Swapping also incur fees, there're parameters that you want to tune such as tolerance. 

Mining:

Blockchain mining, even with a pool can be costly. Specialized equipment also requires upfront investment of $500 to the thousands. Often they are sold-out. Google Cloud service forbids using its infrastructure and resources for mining. Electricity can be costly. 



Disclaimer: My company and I may both own crypto currency. All discussed is for informational purpose only. Crypto and blockchain, NFT, gaming are highly risky spaces. These are not financial advice. Risky investment may incur lost of investment and the entire principal. All discussion of technology is for informational purpose only. Mentioning a tech does not mean endorsement. All tutorials are for informational purpose only, cannot be used for commercial nor production use. Have not been tested for security. Using blockchain, cloud or machine learning technology may incur high costs. We are not responsive for costs, damage associated with any of these technology. You may want to monitor the cost, and set budget alarms and quotas whenever possible. 



No comments:

Post a Comment

Metaverse

We all heard that facebook wants to be META but one simply doesn't just become meta $MANA $YGG snoop dog Metaverse game that every one i...