60SecondCrypto

What is BNB? BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world's most popular utility tokens, not only can you trade BNB like any other cryptocurrency, you can also use BNB in a wide range of applications and use cases.

What is an NFT? ✅ https://bit.ly/3xSpeHw - Get $100 Voucher on Binance! Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. This differs from fungible tokens like cryptocurrencies, which are identical to each other and, therefore, can serve as a medium for commercial transactions. NFTs (non-fungible tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can represent real-world items like artwork and real estate. "Tokenizing" these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud. NFTs can also function to represent individuals' identities, property rights, and more. Collectors have sought NFTs as their value initially soared, but has since moderated.

✅ https://bit.ly/3xSpeHw - Get $100 Voucher on Binance! March 2022 saw the release of ApeCoin, the Bored Ape Yacht Club-affiliated cryptocurrency that promises to be the coin-of-choice for a new metaverse ecosystem being built out by Yuga Labs — the creators behind BAYC. The release of the coin, which came off the back of Yuga Labs acquiring NFT collectible CryptoPunks, and followed by the news that Yuga Labs raised $450 million in funding. ApeCoin doesn’t just have the potential to bring new people into crypto, via the events, gaming, and merch that will be accessible through the token, but it also represents one major way the NFT space is quickly evolving, beyond just the “profile picture projects” that have become synonymous with the $40 billion-plus market.

✅ https://bit.ly/3xSpeHw - Get $100 Voucher on Binance! #dao #DeFi #Crypto A decentralized autonomous organization is an entity structure in which tokenholders participate in the management and decision-making of an entity. There is no central authority of a DAO; instead, power is distributed across tokenholders who collectively cast votes. All votes and activity through the DAO are posted on a blockchain, making all actions of users publicly viewable. One of the first DAOs named The DAO was an organization created by developers to automate decisions and facilitate cryptocurrency transactions. A DAO must ensure security is prioritized, as exploits can leave a DAO drained of millions of dollars of its treasury savings.

Bitcoin is a digital form of cash. But unlike the fiat currencies you’re used to, there is no central bank controlling it. Instead, the financial system in Bitcoin is run by thousands of computers distributed around the world. Anyone can participate in the ecosystem by downloading open-source software. Bitcoin was the first cryptocurrency, announced in 2008 (and launched in 2009). It provides users with the ability to send and receive digital money (bitcoins, with a lower-case b, or BTC). What makes it so attractive is that it can’t be censored, funds can’t be spent more than once, and transactions can be made at any time, from anywhere.

Along with the increasing popularity and adoption of NFTs and Web3 unfortunately comes a downside. Now there are an increasing numbers of NFT Scams to watch out for! In this video we cover 10 suggestions to protect yourself and keep your digital assets safe from NFTs scams: 1) Get support via official channels 2) Never share your secret recovery phrase 3) Make sure your wallet app is the official one 4) Never click on unknown or broken links 5) Use a password manager 6) Use two-factor authentication (2FA) 7) Use a crypto hardware wallet 8) Limit smart contract approvals 9) Avoid cold emails or files from strangers 10) If it seems too good to be true, it probably is

Stargate is a community-driven organization building the first fully composable native asset bridge, and the first dApp built on LayerZero. Stargate's vision is to make cross-chain liquidity transfer a seamless, single transaction process.

Chiliz is a cryptocurrency that allows sports fans to have unique experiences with their favorite teams. Inspired by the socios of Spanish soccer teams, where an annual subscription grants fans access to early ticket and club voting rights, Chiliz leverages blockchain technology to enable a new kind of direct engagement between fans and their favorite sports teams. Fans are able to purchase the Fan Tokens of their favorite teams using the CHZ token, the native cryptocurrency of the Chiliz experience. Fan Tokens can be bought for CHZ through socios.com, the crowd management platform that powers the Chiliz experience.

eNaira is a Central Bank Digital Currency issued by the Nigerian government that provides a unique form of money denominated in Naira. eNaira serves as both a medium of exchange and a store of value, offering potentially better payment prospects in retail transactions when compared to cash payments. The eNaira was minted to help organizations and individuals who were seeking fast, safe, easy, and cheaper means of payments. As of August 2022 the eNaira app had been downloaded 840,000 times and had 270,000 active wallets, an upward growth trajectory is still expected.

Uniswap is a software running on Ethereum that seeks to incentivize a global network of users to maintain an exchange where cryptocurrencies can be bought and sold by traders. One of an emerging number of decentralized finance (DeFi) protocols, Uniswap leverages multiple crypto assets, including its native UNI cryptocurrency, to provide a service similar to a traditional exchange. The difference is Uniswap has no one central operator or administrator. Rather than maintaining a central order book where buyers and sellers can place orders, Uniswap instead uses a collection of liquidity pools.

#Ethereum #EthereumMerge #Ethereum2 The Merge is the next step in the evolution of Ethereum. It is an upcoming event that will see the existing execution layer merged with the recently deployed consensus layer (the Beacon Chain) — this will form a mainnet platform secured by proof-of-stake, while still maintaining the original Ethereum state. Right now, there are two independent blockchains for Ethereum operating in isolation. These are the current proof-of-work (POW) Ethereum chain and a separate proof-of-stake Beacon Chain.

OpenSea is the largest Web3 and NFT marketplace. It's a place to buy and sell NFTs like art, music, collectibles, gaming items, experiences and more. OpenSea is a place to learn about Web3 and collecting NFTs. As well as creating NFTs for free and sharing them.