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Showing posts from March 30, 2022

What is GameFi and how does it work?

GameFi aims to make money on blockchain games that offer players economic incentives. Players can usually earn rewards for cryptocurrencies and NFTs by completing quests, fighting other players, and going through different levels of the game. Unlike traditional video games, most blockchain games allow players to transfer game items from the virtual world of the game. It allows players to sell their items on the NFT markets and their cryopresults on cryptobours. Introduction Since the arrival of Axie Infinity, GameFi has quickly replaced the traditional gaming industry. It attracts players by offering them a chance to make some money while having fun. What is GameFi and how is it different from the video games we know? What is GameFi? GameFi is a combination of words game and finance. It is about blockchain play-to-earning games that offer players economic incentives. The GameFi ecosystem uses cryptocurrencies, unmistakable tokens (NFT) and blockchain technology to create a virtual gami

What is CDT(CoinDash)?

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CDT(CoinDash) is the ERC20 token of coindash project. CoinDash is a Crypto Based Social Trading Platform.

What is ChainLink (LINK) Token?

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LINK(ChainLink) is the ERC20 token of SmartContract project. SmartContract project ams to build a platform Easily connect smart contracts to your web application, any API, and widely accepted USD payments.

Coin Hoarding means

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Behavior where an investor starts to purchase and hoard a large sum of some currency.

What is CeFi? What is Defi? What is difference?

  Definition CeFi, short for   centralized finance , offers some of the yield benefits of DeFi with some of the ease of use and security of traditional financial-services products. With CeFi, you can earn interest on savings, borrow money, spend with a crypto debit card, and more. With DeFi, users trust that the technology will perform as proposed to execute on services being offered. On the other hand, with CeFi, users trust a business's people to manage funds and execute the business's services. A DeFi coin is  much like a digital version of a fiat coin — it transfers value in the course of a financial transaction . DeFi coins are built on and often named for their unique, native blockchain networks. In spring 2021, Maker, Compound, Uniswap, Aave, Chainlink, and Ankr are among the most popular DeFi coins. DeFi vs  CeFi :  CeFi  Ecosystem relies on a centralized exchange to manage financial services while DeFi is an open and transparent network. CeFi, short for centralized fin