What Is Canto?
π According to Decrypt in early 2023, Canto tokens surged, climbing from just over $0.07 on Jan. 1 to over $0.46βa rally of over 700%βa month later. But what is Canto and what is behind its astronomical spike? Below, we take a closer look at this emerging blockchain and token that launched in August 2022.
π Canto is a Cosmos-based layer 1 blockchain aiming to be a central part of the DeFi movement.
π Key features of Canto include its focus on developing Free Public Infrastructure without centralizing features like a foundation and a token presale.
π Canto grew rapidly early in 2023 after news broke that crypto venture fund Variant had invested in a position of unknown size in Canto.
π Between December 2022 and late January 2023, the number of Canto users more than doubled. Cantoβs total value locked (TVL) also more than doubled, from $66 million to $138 million, over a similar timeframe and alongside a rapid increase in trading activity. In the process, it joined the top-four layer-1 blockchains in the Cosmos ecosystem.
π According to Decrypt in early 2023, Canto tokens surged, climbing from just over $0.07 on Jan. 1 to over $0.46βa rally of over 700%βa month later. But what is Canto and what is behind its astronomical spike? Below, we take a closer look at this emerging blockchain and token that launched in August 2022.
π Canto is a Cosmos-based layer 1 blockchain aiming to be a central part of the DeFi movement.
π Key features of Canto include its focus on developing Free Public Infrastructure without centralizing features like a foundation and a token presale.
π Canto grew rapidly early in 2023 after news broke that crypto venture fund Variant had invested in a position of unknown size in Canto.
π Between December 2022 and late January 2023, the number of Canto users more than doubled. Cantoβs total value locked (TVL) also more than doubled, from $66 million to $138 million, over a similar timeframe and alongside a rapid increase in trading activity. In the process, it joined the top-four layer-1 blockchains in the Cosmos ecosystem.
Kalbod Design Studio designed Sandstorm Absorbent Skyscrapers which can be a solution to sandstorms in UAE. Kalbod Design Studio: Have you ever encountered sandstorms? If you have ever spent some time in Dubai or any other city in UAE, especially during spring and summer, you have probably witnessed its tropical desert climate and massive sandstorms. And you might know that when they occur, they slow down or, on larger scales, completely shut down the cityβs ordinary rhythm. Besides this, it is a proven fact that sandstorms gradually cause respiratory problems and pollutes the air and water, which will end up destroying the natural habitat.
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The process of organizing #digitalart exhibitions in #cinema chains is incredibly interesting. We are coordinating the issue of screenings without special certificates.
P.S.: the first show is dedicated with our #polygon #nft marketplace launch!
The process of organizing #digitalart exhibitions in #cinema chains is incredibly interesting. We are coordinating the issue of screenings without special certificates.
P.S.: the first show is dedicated with our #polygon #nft marketplace launch!
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Non-fungible tokens (NFTs) have taken the world by storm, with digital artists, musicians, and even sports franchises jumping on the bandwagon to create and sell unique digital assets. As NFTs continue to gain traction, traditional industries are also exploring ways to integrate this new technology into their existing business models. This article will delve into the potential impact of NFTs on traditional industries and how they can benefit from this new frontier of creative commerce. https://artcollecting.fun/blog/nfts-a-new-way-for-creative-commerce
What ERC-2981 is?
ERC-2981 is a proposed Ethereum standard for processing royalty payments for non-fungible tokens (NFTs). It provides NFT creators with a standard way to receive royalties whenever their NFTs are sold or transferred to secondary markets. The standard aims to ensure that authors are fairly remunerated for their work, as well as promoting a more sustainable and fair ecosystem for NFTs.
ERC-2981 is a proposed Ethereum standard for processing royalty payments for non-fungible tokens (NFTs). It provides NFT creators with a standard way to receive royalties whenever their NFTs are sold or transferred to secondary markets. The standard aims to ensure that authors are fairly remunerated for their work, as well as promoting a more sustainable and fair ecosystem for NFTs.
What EIP-2982 is?
EIP-2982, or Ethereum Improvement Proposal 2982, is a proposal to standardize Ethereum-based non-fungible tokens (NFTs) that represent ownership of digital art and other digital assets. This proposed standard aims to provide a more efficient and streamlined experience for users, creators, and developers involved in the NFT space. Please note that there may be a typo in the question as EIP-2982 is not a widely accepted proposal in the Ethereum community. The correct sentence could be ERC-721 or ERC-1155 which are popular NFT standards.
EIP-2982, or Ethereum Improvement Proposal 2982, is a proposal to standardize Ethereum-based non-fungible tokens (NFTs) that represent ownership of digital art and other digital assets. This proposed standard aims to provide a more efficient and streamlined experience for users, creators, and developers involved in the NFT space. Please note that there may be a typo in the question as EIP-2982 is not a widely accepted proposal in the Ethereum community. The correct sentence could be ERC-721 or ERC-1155 which are popular NFT standards.
ChatGPT: Polygon and Tezos comparison
Polygon and Tezos are blockchain platforms with their own unique features and strengths. Their comparison can be subjective, as it depends on the specific use case and requirements. However, some reasons why users might prefer Polygon Tezos include:
1. Scalability: Polygon is designed to provide higher throughput and faster transactions compared to Tezos. Polygon uses a Layer-2 scaling solution on top of the Ethereum blockchain, which greatly improves transaction speed and reduces costs.
2. Ethereum Compatibility: Polygon is built with Ethereum compatibility in mind, allowing developers to easily port their existing Ethereum applications and smart contracts to the Polygon platform. This compatibility makes it more accessible to developers already familiar with the Ethereum ecosystem.
3. Interoperability: Polygon is designed as an interoperable platform connecting various blockchain networks. This feature allows for the seamless transfer of data and assets between different blockchains, while Tezos mainly focuses on its own native platform.
4. Adoption: Polygon is rapidly adopting and growing in the DeFi and NFT space, with many popular projects opting to grow or migrate to the Polygon network. This has resulted in significant developer activity and a growing ecosystem of projects and users.
5. Lower transaction fees. Polygon's Tier 2 scaling solution allows for significantly lower transaction fees compared to Tezos, making it more cost-effective for users and developers.
It is important to note that each platform has its own strengths and weaknesses, and the choice between Polygon and Tezos depends on the specific needs and preferences of the user or developer.
Polygon and Tezos are blockchain platforms with their own unique features and strengths. Their comparison can be subjective, as it depends on the specific use case and requirements. However, some reasons why users might prefer Polygon Tezos include:
1. Scalability: Polygon is designed to provide higher throughput and faster transactions compared to Tezos. Polygon uses a Layer-2 scaling solution on top of the Ethereum blockchain, which greatly improves transaction speed and reduces costs.
2. Ethereum Compatibility: Polygon is built with Ethereum compatibility in mind, allowing developers to easily port their existing Ethereum applications and smart contracts to the Polygon platform. This compatibility makes it more accessible to developers already familiar with the Ethereum ecosystem.
3. Interoperability: Polygon is designed as an interoperable platform connecting various blockchain networks. This feature allows for the seamless transfer of data and assets between different blockchains, while Tezos mainly focuses on its own native platform.
4. Adoption: Polygon is rapidly adopting and growing in the DeFi and NFT space, with many popular projects opting to grow or migrate to the Polygon network. This has resulted in significant developer activity and a growing ecosystem of projects and users.
5. Lower transaction fees. Polygon's Tier 2 scaling solution allows for significantly lower transaction fees compared to Tezos, making it more cost-effective for users and developers.
It is important to note that each platform has its own strengths and weaknesses, and the choice between Polygon and Tezos depends on the specific needs and preferences of the user or developer.
The Most Popular Metaverses in 2023: Exploring Virtual Worlds
The concept of metaverses, or virtual worlds that exist parallel to our physical reality, has been gaining significant traction in recent years. These digital spaces offer users a chance to socialize, create, and explore in ways that were previously limited to science fiction. With a growing number of companies and platforms entering the space, we take a look at some of the most popular metaverses available today.
The article is here: https://artcollecting.fun/blog
The concept of metaverses, or virtual worlds that exist parallel to our physical reality, has been gaining significant traction in recent years. These digital spaces offer users a chance to socialize, create, and explore in ways that were previously limited to science fiction. With a growing number of companies and platforms entering the space, we take a look at some of the most popular metaverses available today.
The article is here: https://artcollecting.fun/blog
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Creative stock: NFTs as licenses
Art Collecting helps you own the most exclusive NFT templates in the digital content world!