I had plans for a new post this week continuing to explore emerging concepts in the Crypto and web3 space, but I felt like I needed to change paths and cover the big price drops across the sector and provide some historical context. It has been a rough month for…
In my first post about NFTs, I covered the fast-growing market for digital assets in the collectibles and art space. Another sector of the NFT market that saw big gains in 2021 was blockchain gaming, which are video games with digital assets that are bought and traded on chain. …
In my 2021 review post, I spoke about the amazing year that Non-Fungible Tokens (NFTs) experienced. Let’s start with the obvious, NFTs are a terrible name. The Crypto industry needs to be more welcoming of newcomers, and this name just doesn’t cut it. A better answer would have been Digital…
In my prior post on DeFi, I spoke about Circle, their lending program, and briefly touched on their stablecoin $USDC. I want to go through how these stablecoins work and discuss why some people think they create a systemic risk to the crypto ecosystem.
Decentralized Finance (“DeFi”) is a hot topic in the crypto space. The idea from crypto maximalists is that banks are old school institutions and earn too high a profit by ripping off the little guy. Hey, it’s a popular concept that plays well with most people. DeFi tries to take…
2021 was a banner year for crypto and web3. As we prepare the new year, it felt like a good time to recap some of the biggest topics.
Let’s start with the enormous increase in the prices of many cryptocurrencies. $BTC moved from $30K to start 2021 and ended just…
In a prior post on Ethereum ($ETH), we covered how this cryptocurrency allows contracts to be written on the blockchain to represent basically any asset or liability. You can create pictures or videos, titles to off chain assets like cars or trading cards, or just about anything you can imagine…
In my prior post on Bitcoin there was an in-depth discussion of why the market has accepted $BTC as a potential store of value. Investors having accumulated positions in $BTC because of its relatively high liquidity and price transparency. Bitcoin also is seeing the beginnings of the payment rails that…
