For several years, one of the biggest hurdles to blockchain adoption has concerned the fact that it’s a rather technical space. Experienced developers find it daunting to build decentralized apps using this technology. Meanwhile, consumers unaccustomed to tokens and crypto wallets often struggle with user interfaces that are far clunkier than what mainstream platforms provide. With cryptocurrencies punching into the mainstream consciousness like never before, it has never been more important for blockchain platforms to seize the moment and offer the streamlined, easy-to-understand products and services that the masses can embrace with minimal hassle. As the old saying goes: “If …

Despite grand visions of enabling farmers in Vietnam access to the world of global finance via Decentralized Finance, emerging markets could represent as little 10% of visitors engaging with the top DeFi DApps. Proponents have long hoped crypto and DeFi would allow citizens around the world a means to circumvent the barriers created by economic underdevelopment, however the data suggest users from the world’s largest economies dominate the DeFi rankings by online traffic. A new report from The Defiant examines the top five geographical sources of traffic for the 10 largest DeFi platforms by Total Value Locked in February, with …

Global developments over the past year have reshaped all aspects of daily life for most people and initiated some structural changes in how society operates. Lockdowns and travel restrictions have led to the rise of remote working and altered the way people make use of their free time. The coronavirus pandemic essentially shut down travel and this has had a direct impact on most entertainment hubs around the world. Gambling destinations like Las Vegas and Macau were pulverized by the pandemic and most of the world's most popular sporting events were halted or took place without spectators being present. The …

Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ether (ETH) could overtake Bitcoin (BTC) as the largest crypto asset once its Eth2 and proof-of-stake overhaul is complete. Appearing on YouTube show FinTech Today on March 18, Watkins noted that while he does not know “if or when” Ether will flip Bitcoin, he does believe Ether could emerge as the leading crypto asset in the future, due to Eth2, stating: “The selling point of Bitcoin over Ethereum as a store of value asset boils down its monetary policy being very predictable and the Bitcoin blockchain …

A decentralized sharing economy protocol that’s home to a vibrant eports platform has announced that it is planning to roll out DeFi and NFT functionality. The flagship DApp on TimeCoinProtocol is eSportStars — a platform that unites professional players with fans. A plethora of top games are supported… including Fortnite, Call of Duty Mobile, and Counter-Strike: Global Offensive. Through eSportStars, enthusiasts can participate in tournaments for all of these games — and the alpha version of the DApp has already attracted 10,000 users. A flurry of new features will be added in the coming months to make the platform a …

Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network's rising transaction fees. Expected to take effect in July of this year, the move would send a part of every transaction fee to the Ethereum network itself. Ether allocated in this manner would then be burned, reducing the number of coins in circulation. This change would also decrease the amount of rewards going to the network's miners, leading some to protest the move. A vocal group of participants have since begun to advocate for a demonstrative network takeover, which could threaten the security …

The native token of leading decentralized exchange Uniswap has surged by nearly 50% this week, ranking UNI as the eighth-largest crypto asset with a $17.7 billion market cap as speculation builds for the exchange’s coming V3 overhaul. Messari currently ranks UNI as the -second-largest Ethereum-based asset by market cap behind Tether, beating out the Chainlink by nearly 50% of its capitalization. UNI broke into the top 10 on March 5, becoming the first native token of a DeFi DApp to hold the distinction. In 24 hours, UNI’s capitalization increased from $8.8 billion on March 4 to $14.7 billion, according to …

Decentralized autonomous organizations — known as a DAO for short — have become a mainstay of the crypto world. The rationale behind DAO is to enable companies and organizations to fully function without the need for a hierarchical management structure. As this Cointelegraph guide explained, it’s like a vending machine delivering a snack in exchange for a bundle of coins — and then automatically using those funds to reorder stock. There’s no need for human involvement in keeping the machine running, as all of the processes it needs to function are pre-written into code. Beyond this real-world example, the possibilities …

Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade. After little structural innovation since the 19th and 20th centuries, decentralization has brought industries such as finance, media and technology closer to transparency, freedom from intermediaries and heightened efficiency. Traditional enterprises rely on a centralized closed-door structure. In contrast, decentralized finance projects are being built with the ethos that governance should be decentralized and democratic. Transitioning society to decentralized platforms can make many services safer, more accessible and more transparent than ever before. …

A decentralized app is shaking up the world of mobile phone data by allowing consumers to share their WiFi hotspots and earn cryptocurrencies. Aloha says 67% of us are wasting money every month because we don’t fully use our monthly data allowance. Worse still, 76% of us have experienced the frustration of being unable to get online without paying for a WiFi hotspot. The company has had a working, scalable product for the past two years — but now, it is building a decentralized ecosystem with non-fungible tokens and digital assets at its heart. Users who share their unused data …

A platform that dubs itself as “the King of NFTs” says it is now the No. 1 marketplace on DApp Radar — with more users than the rest of the top 10 combined. WAX (also known as Worldwide Asset eXchange) delivers a safe, convenient way to create, buy, sell and trade non-fungible tokens. One coveted collectible recently sold for a cool $60,000 — and executives say average daily sales volumes have surged since 2021 began. Some of the world’s best-known names have launched NFT sales through WAX, including the electronic music legend Deadmau5, Star Trek actor William Shatner, and the …

Ethereum wallet and interface MyEtherWallet, or MEW, has brought decentralized applications to its 1.3 million monthly users through a new “DApps Browser” feature in the MEW mobile app. The collaboration with DApp analytics site DappRadar opens the door for MEW users to access more than 2,000 Ethereum based decentralized applications including DeFi and NFT based protocols directly from their smartphone. Through the DApps Browser, users can browse, search for and interact with DeDApps like UniSwap, SushiSwap and Balancer to access financial services such as loans, asset swaps, and staking. They can also track their DeFi portfolios of loans and deposits. …