Samsung Next Insists on Web3 projects utility challenge
Even though Web3 has shown a lot of promise since its beginnings, one executive from Samsung Next believes that the utility issue is one that competitors in the industry must address. The managing director of Samsung Next, Raymond Liao, spoke in an interview about the company’s decision to invest in MachineFi, a term used by […]
Burned Carbon Credits Are Effective According to Expert
Concerns about the environment affect both the crypto industry and the rest of the world. But blockchain-based assets could help if they are used in the right way. Using nonfungible tokens (NFTs) as carbon credits or carbon offsets shows how Web3 technology can be used to make the future greener. In the markets for regenerative […]
Stealth addresses should be used for anonymous NFT ownership – Vitalik Buterin
Vitalik Buterin, co-founder of Ethereum is proposing the usage of stealth addresses which is a low-tech method for the incorporation of privacy features into nonfungible token, or NFT, transactions. Buterin hinted that Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or ZK-SNARKs, were a more difficult approach for generating stealth addresses for ERC-721 coins […]
Epic Games “definitely” won’t follow NFT ban imposed by Minecraft
Tim Sweeney, CEO of Epic Games, stated that the company will not outright forbid NFTs since developers “should be free to decide how to build their games.” Tim Sweeney, CEO of Epic Games, said his company “certainly won’t” follow the lead of the creators of Minecraft by outlawing nonfungible tokens (NFTs). As was previously reported, […]
Delphi Digital: How to persuade players to accept the use of NFTs
According to Delphi Digital, games could offer a fundamental, free-to-play experience that anyone may enjoy while also adding NFTs into an enhanced experience. Crypto research company Delphi Digital has described potential applications for nonfungible tokens (NFTs) in gaming, such as employing the technology for supplementary features that don’t affect the primary experience. The extensive analysis, […]