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Showing posts with the label dapps

Coin Terminal and ZetaChain announce a new crypto hackathon

Coin Terminal, a leading Web3 platform, has partnered with ZetaChain (ZETA), a Layer-1 (L1) blockchain, to launch a new crypto hackathon, as reported to Finbold on Friday, February 21.  During the event, participants can secure up to $1 million in fundraising through Coin Terminal, as well as potential venture capital and angel investments.  The event also Features developer sessions conducted by industry experts, one-on-one mentorship programs, and exclusive networking opportunities. Picks for you Falcon Finance reaches $25 million in total value locked 18 hours ago Crypto analyst warns XRP rally may be over 20 hours ago Here’s ...

Boosting blockchain adoption by keeping tech on the back end

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Builders are increasingly looking to streamline their applications with more familiar interfaces to onboard new users, Understanding the difference between the front and back end is crucial with Web3 technology. The term “front end” describes the portion of Web3 applications that consumers interact with directly. This includes the technology’s user-facing side, websites and decentralized applications (DApps).  The back end, on the other hand, refers to the complex system that supports these Web3 applications. Everything from distributed ledgers and smart contracts to consensus protocols is included here. However, accessibility and simplicity are important for the adopt ion of Web3. When the technical complexities of Web3 are too prominently featured on the front end — such as managing cryptographic keys or understanding block chain concepts — it can alienate a significant portion of potential users. It is important to make the user experience and interactions smooth and easy to under...

From supply chain to DeFi: How blockchain oracles can transform industries

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This project’s decentralized oracle architecture enables Web3 businesses to build a wide range of DApps based on real-world information. Decentralized blockchain oracle service Goracle provides real-world information so anyone can build better Web3 apps based on off-chain data. The blockchain ecosystem was changed forever with the introduction of smart contracts — digital agreements between two parties that can be executed automatically based on certain conditions. From finance to supply chains, the possibilities that building upon smart contracts opens are nearly endless. However, as blockchain only holds transactional data between participants, smart contracts need a constant flow of information from the real world, like stock prices or shipment locations, to check the status of their subjects’ conditions. This is where blockchain oracles — service networks that bridge blockchain to the outside world — come into play. Oracles provide a wide range of real-world data so that smart ...

Gamers made up nearly half of all blockchain activity in January: DappRadar Report

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A new report from DappRadar revealed that during the first month of 2023, blockchain gaming made up 48% of all DApp activity. Play-to-earn blockchain gaming experienced a downturn over the last year as gamers prioritized improving the gameplay experience.  However, according to a new report from DappRadar, in the first month of 2023, gamers made up nearly half (48%) of all blockchain activity. January also saw the market caps for top gaming tokens increase by 122% on average, with Gala (GALA), the digital utility token of the Gala Games ecosystem, surging by 218%. According to the report, the rise in interest in these gaming tokens comes as industry buzz hits mainstream audiences. For example, Gala Games made headlines after it acquired a new mobile gaming studio with more than $20 million in assets under management and 15 games. Blockchain analyst at DappRadar, Sara Gherghelas, told Cointelegraph that based on on- chain metrics from the past two years, it’s safe to assume blockchai...

DeFi enjoys prolific start to 2023: DappRadar report

DeFi protocols have seen significant growth in total value locked in January 2023, with Lido Finance leading the charge. Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January 2023. The market hit $74.6 billion worth of staked assets, increasing by 26% from December. In its latest monthly report , DappRadar outlined the growth of the DeFi sector alongside rejuvenated nonfungible token (NFT) markets that have also had upticks in trading volume and sales. Optimism emerges as the top DeFi performer, seeing a 57.44$ increase in total value locked (TVL) at $808 million. Blockchain Analyst Sara Gherghelas told Cointelegraph that Optimism’s transaction volumes were likely driven by a "learn-to-earn" incentives program that ended midway through January. A sudden drop in daily transactions on Jan. 17 suggests that educational incentive programs might play a role in driving DeFi adoption and onboarding as Gherghelas e...