Can metaverse assets be taxed?
The idea of the metaverse is not new. Early iterations have existed for many years, ranging from the introduction of digital twins and used in manufacturing to investigate real-world problems virtually to ear...
What is the metaverse?
Modern technology evolution has come a long way from using simple static websites to creating a global community through Web2 and approaching Web3 – a future decentralized version of the internet based on blockchai...
One of the main propositions of blockchain is to provide more privacy and security to its users while taking technology to the next level of efficiency. Developing an open internet with a private browser had been a challenge in the cryptocu...
Play-to-earn gaming is one of the big trends around blockchain technology. As games release their own tokens and nonfungible tokens (NFTs), they are attracting both gamers and investors. This trend is developing further with the emergence o...
What is SocialFi?
SocialFi brings together the principles of social media and decentralized finance (DeFi). SocialFi platforms offer a Web3 (decentralized) approach to creating, managing and owning social media platforms and the content ge...
What is GameFi?
The gaming industry is tapping into the power of Web3 and brings together gaming and finance under what is now coined as GameFi. GameFi is a system where gamers and creators can accrue value in cryptocurrencies and nonfungi...
What is augmented reality?
Augmented reality (AR) is a technology that enriches the user's perception and provides a live view of the real world with digital information, aiming to expand it by adding images, sound, video and other virtual...
STEPN (GMT) explained: Why is it trending?
The first move-to-earn mobile nonfungible token (NFT) game powered by the Solana blockchain is called STEPN. With STEPN, users may earn tokens by walking, jogging or running outdoors with an NFT s...
What is Sorare?
Sorare is an online fantasy soccer game with a cryptocurrency twist. Players use nonfungible tokens (NFTs) to purchase, own and resell collectible digital cards. As with traditional fantasy soccer, players build their line...
What is Vulcan Forged (PYR)?
Blockchain gaming is once again on the rise due to cryptocurrency's newest reward system, called play-to-earn (P2E). By merging nonfungible tokens (NFTs) and metaverse projects like The Sandbox, blockchain gami...
What is Illuvium?
Cryptography-based blockchain games aren't anything new as so many are available, like Crypto Kitties and The Sandbox (SAND). However, no game on the Ethereum blockchain claims to be an AAA title game. AAA (pronounced "...
Metaverse explained
The metaverse is a virtual world that incorporates various technologies, including virtual reality (VR), artificial intelligence (AI), augmented reality (AR) and cryptocurrencies, to allow users to dive into (through VR...
Metaverse explained
The metaverse is a virtual world that incorporates various technologies, including virtual reality (VR), artificial intelligence (AI), augmented reality (AR) and cryptocurrencies, to allow users to dive into (through VR...
What is Decentraland (MANA)?
If you still doubt that the metaverse is real, you should look into Decentraland (open-world metaverse). You can do whatever you want with the land you buy on Decentraland, tapping into the imaginations of ...
Is Axie Infinity a metaverse project?Axie Infinity is a Pokemon-inspired play-to-earn metaverse game created on the Ethereum blockchain. Lunacia, the Axie homeland, is made up of 90,601 land plots. Players can gather, grow, breed and battle...
What is The Sandbox metaverse?
The Sandbox is a virtual environment on the Ethereum blockchain where users may create, control and sell their game experiences using SAND, the platform's utility token.
The centralized ownership and control...
Metaverse explainedThese days, everyone seems to be talking about "the Metaverse" as the next big thing that will alter our online lives. However, everyone appears to have their interpretation of "the Metaverse"—that is, if they have one at...
