The Marriage of NFTs and DeFi and What It Means for the Virtual Economy

While in 2020 decentralized finance (DeFi) was all the rage, 2021 has seen the rise of non-fungible tokens (NFTs), which are essentially digital certificates of ownership of a scarce asset on a blockchain. After $400 million in gross sales of NFTs were consummated in 2020, some $1 billion were completed in just the first quarter [...]

By |2021-06-25T22:09:15+00:00June 25th, 2021|

What’s Next for Ethereum?

The general-purpose blockchain Ethereum turned five on July 30. And while it is certainly doing far more than merely toddling about, there is every expectation that it will find its footing in a number of different sectors in the years ahead. Alternately billed as “the world computer” and “the foundational platform for everything” when it [...]

By |2020-12-30T03:12:14+00:00December 22nd, 2020|

The Rise of Decentralized Finance

Too much, too soon? That is the question hovering over decentralized finance, which in 2020 is having a moment … and then some. Before the coronavirus pandemic hit the U.S. in January, it was a $1 billion business. By July, some $4 billion was tied up in DeFi, and the only thing matching its momentum [...]

By |2020-08-24T22:24:23+00:00August 24th, 2020|