Monthly Archives: July 2022

Can blockchain be used without cryptocurrency?

What is blockchain without cryptocurrency? A blockchain without cryptocurrency is a distributed ledger that stores data associated with nonfungible tokens (NFTs), supply chain initiatives, the Metaverse and more. Even though Bitcoin (BTC) is the most known application of a decentralized ledger or blockchain, there is a wide range of other uses of blockchain technology. For […]

Half of gig workers would consider getting part of their pay in bitcoin, other cryptos

50% of gig workers, otherwise known as freelancers, are open to earning a portion of their pay in bitcoin (BTC-USD), Ethereum (ETH-USD) and other cryptocurrencies, even as the emerging space undergoes a broad cyclical downturn, according to a survey released by digital asset marketplace Bakkt (BKKT). Meanwhile, 38% of respondents said they would opt to […]

Blockchain technology can help create safe and inclusive adult platforms

Ushering in a new era for decentralized payment Today, the adult industry has evolved far past studio-controlled content distributed by Blu-ray, into a model where creators are in charge of their creations. Despite having more autonomy, creators still face one barrier, how they will receive payment. Creators have little choice but to accept funds through traditional banking solutions, subjecting them to high fees, payment cancellations, chargebacks and account closures. Not to mention audience restrictions due to privacy concerns. Cryptocurrencies aim to resolve this, operating without an intermediary to ensure creators and clients can transact directly with one another. Due to their anonymous nature, cryptocurrencies also enable users to keep their identities concealed. A metaverse where adults come to play With a potential solution to the gap in the market, it is not uncommon to see adult entertainment websites incorporating cryptocurrencies as a payment method into their website. However, newer platform releases have taken the application of blockchain technology and utility tokens one step further, creating entire ecosystems to maximize the fan experience. The Pleasure Network is demonstrating this by releasing a series of safe and inclusive adult platforms, powered by the Pleasure Coin utility token, NSFW. With NSFW, creators can be compensated for their content without the risk of a chargeback. The platform will effectively become a new way for fans and creators to connect, combining some of the highest-quality features from existing platforms. The token will also gain utility in the adult metaverse, Pleasureland. Pleasureland will include the Pink Tower, the first building in the metaverse, which will double as a place to store NFT assets, play, design, party or enjoy personal space. Users will also have the option to rent out their space to earn NSFW tokens. NSFW is said to be one of the fastest-growing tokens in the Polygon ecosystem — blockchain technology scaling transactional speeds to degrees beyond traditional credit card processing. And due to Pleasure Coin being designed as an ERC-20 token, it allows both creators and users to transact freely while keeping their identities and other personal information concealed.

The adult entertainment industry is known to be one of the first to try new technologies, and the blockchain seems to be the next on the list. The cryptocurrency market is no stranger to speculation. Consider that despite this industry’s growth, many continue to view these assets and associated technologies as a bubble that is […]

What is dollar-cost averaging (DCA) and how does it work?

What is dollar-cost averaging (DCA) and how does it work?

To lessen the impact of volatility on the overall purchase, investors use the dollar-cost averaging (DCA) investment technique to spread out the total amount to be invested among multiple purchases of a target asset. Many crypto enthusiasts just start investing in cryptocurrencies without a strategy behind it. However, they should be aware that an investment […]

Proof-of-time vs proof-of-stake: How the two algorithms compare

Blockchains use consensus algorithms to choose who gets to verify transactions on the network — what are the differences between the two? Consensus algorithms are processes where validators (also known as nodes or miners) within a blockchain network agree on the current state of the network. This mainly entails agreeing on whether a transaction submitted […]

Aave taps Pocket Network to beef up decentralized app development

Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol. According to […]

Blockchain without crypto: Adoption of decentralized tech

Blockchain without crypto

Cryptocurrencies hijack most blockchain-related headlines, but their underlying technology’s adoption has been growing rapidly. A blockchain can be seen as a distributed database whose information is stored across every node running the network. Because the database is distributed among those running the network, it guarantees data stored within it is accurate and securely stored. As […]

Shanghai included blockchain, NFTs and Web3 in its 5-year plan

Shanghai included blockchain, NFTs and Web3 in its 5-year plan

The municipal government pledged to support the enterprises that are discovering the non-fungibles market. China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai’s Municipal Government published the draft of its “14th Five-Year […]

Exchange helps institutions execute bulk crypto trades without price slippage

Exchange helps institutions execute bulk crypto trades without price slippage

When liquidity is low, big crypto trades can cause big movements in the prices of some coins. This exchange’s new feature is designed to tackle that. Large crypto orders can be challenging — and it can be difficult to get consistent, favorable prices when the markets are moving quickly. But now, a crypto exchange has […]