Afifa Vora

Afifa Vora

1636391946

Nameless NFTs No More: The NCT Story

We come into the world and one of the first things we’re given is a name. Then we go about naming our pets, cars, boats, and beach houses to express ourselves and show the world a bit of who we are. Beyond ourselves and back to antiquity societies have ceremonies for the sacred act of naming.

Naming art empowers owners with a final say in the masterpiece’s creative process. Owners with a hand in the creative process form stronger bonds with their art investments. Naming our NFTs is the perfect complement to our analog naming practices.

Stand-alone nameless NFTs without the owner’s personalized input feel languid and out of place in the world we, the Metaverse folks, are building. Nameless NFTs are like dried roses or the Gettysburg Address on paper instead of being read aloud, lifeless. Their essence is there but the connection is frayed. Art of that caliber in our wallets simply does not have the power to pull our hearts fully in.

“NCT,” The Hashmasks’ ERC-20 Name Changing Token, uses a burn function to give an NFT a permanent name stored on the Ethereum blockchain. This name can be changed again by burning more NCT. Why should we use NCT to go about naming? Let’s dig a little deeper into why and how NCT can add more value to NFT projects.

Bruce Willis, Armageddon Fair Use Parody for Educational Purposes

A once-off, pre-programmed name stored on the Blockchain doesn’t have the same psychological effect as consciously curating a unique name and burning finite supply tokens to add value to one’s NFT. Using NCT legitimizes naming through a value exchange.

Read more: Nameless NFTs No More: The NCT Story

 

What is GEEK

Buddha Community

Hollie  Ratke

Hollie Ratke

1604206800

DeFi Isn’t the Only Place Where Innovations Are Happening 

DeFi has been the leading narrative in the crypto space in 2020 with its pulsating innovation and stellar growth. Not only has the entire concept of financial services been turned on its head but we’ve also witnessed some of the speediest development in tech of all time. In the savage unforgiving decentralized landscape, competition is fierce and protocols are required to iterate almost daily to survive.

All this growth and amplification of choices for investors has brought with it many gains beyond the 1,000%+ weekly ones. We’ve had the privilege of seeing how developers are pushing the edge of this fascinating technology and bringing real-world solutions to life.

Of course, as with all areas in any nascent space, some teething trouble has also arisen. Investors attracted by overnight wealth myths clashed with unscrupulous actors just waiting to scam them. Then we’ve had technical issues with smart contracts, oracles, and a lack of auditing.

Yet despite the early days of DeFi and the ups and downs, the fundamentals are growing stronger, the ecosystem broadening, and the value locked in its protocols continuing to climb, currently standing at over $11 billion. But while DeFi has been the most deserving focus of our attention this year, it’s not the only area where innovations are happening.

Non Fungible Tokens (NFTs)

Non-Fungible Tokens (NFTs) otherwise known as crypto-collectibles have also seen tremendous growth this year. Made famous by the unforgettable CryptoKitties back in 2017 when the popular collectible cat platform clogged the Ethereum network–and went on to sell its most sought-after collectible for $170,000–NFTs had slipped off many people’s radars. Yet, their use cases are expanding at a rapid pace, with more than $8 million traded volume in the last month.

That might be small fry compared to the money changing hands in other areas of blockchain, but we’re talking about digital collectibles like in-game items, limited-edition player cards, and online pets. And we’re even beginning to see NFTs merge with DeFi to offer liquidity mining and incentivize users with provably rare or digitally unique items, such as the winners of the OKEx User Voting event, MEME, and GHST.

Beyond entertainment, such as creative memes and sport player cards, the technology behind NFTs has explosive potential. The creation of rare and unique items that can’t be destroyed, replicated, or forged, and that come with an immutable history can be used in the tokenization of fine art, precious jewelry, and even real estate as a way of authenticating ownership and facilitating the transfer of ownership.

Decentralized Data Storage

Great developments have been made that will make navigating the web and storing data a safer and more secure experience for all while enabling us to access faster speeds and tap into idle computational power across decentralized networks.

In fact, the area of decentralized data storage has already seen some really impressive players and promising projects like STORJ, GOLEM, and MAIDSAFE. And, with the Filecoin mainnet launching this week, it will be interesting to see how far–and how fast–we move into the decentralized web.

Why is it so important? Because it will allow us to work in ways that we were previously unable with greater speed and decreased cost. It also creates a fair decentralized ecosystem in which people connected to it are paid for providing their free computer space. Golem as a “supercomputer” can allow network participants to make faster and greater advancements in the fields of AI, machine learning, and so much more.

Decentralized cloud storage made possible by projects like Storj Network and Filecoin will allow us to circumvent central actors such as Amazon Web Services (AWS) for a faster, safer, and more affordable storage alternative that cannot be closed down or censored.

At OKEx, we’re proud to be pioneers in such early-stage technology and its continued expansion. Not only do we provide support for key projects in the areas of DeFi, NFT, and decentralized data storage, but we also iterate and create, BUIDL, and experiment with the technology through high-quality cutting edge products like our decentralized public blockchain OKEx Chain and our accelerator program that allows for liquidity mining, OKEx Jumpstart.

#decentralized-finance #decentralization #nfts #decentralized-web #defi #defi-top-story #defi-and-traditional-finance #defi-and-nfts

Afifa Vora

Afifa Vora

1636391946

Nameless NFTs No More: The NCT Story

We come into the world and one of the first things we’re given is a name. Then we go about naming our pets, cars, boats, and beach houses to express ourselves and show the world a bit of who we are. Beyond ourselves and back to antiquity societies have ceremonies for the sacred act of naming.

Naming art empowers owners with a final say in the masterpiece’s creative process. Owners with a hand in the creative process form stronger bonds with their art investments. Naming our NFTs is the perfect complement to our analog naming practices.

Stand-alone nameless NFTs without the owner’s personalized input feel languid and out of place in the world we, the Metaverse folks, are building. Nameless NFTs are like dried roses or the Gettysburg Address on paper instead of being read aloud, lifeless. Their essence is there but the connection is frayed. Art of that caliber in our wallets simply does not have the power to pull our hearts fully in.

“NCT,” The Hashmasks’ ERC-20 Name Changing Token, uses a burn function to give an NFT a permanent name stored on the Ethereum blockchain. This name can be changed again by burning more NCT. Why should we use NCT to go about naming? Let’s dig a little deeper into why and how NCT can add more value to NFT projects.

Bruce Willis, Armageddon Fair Use Parody for Educational Purposes

A once-off, pre-programmed name stored on the Blockchain doesn’t have the same psychological effect as consciously curating a unique name and burning finite supply tokens to add value to one’s NFT. Using NCT legitimizes naming through a value exchange.

Read more: Nameless NFTs No More: The NCT Story

 

Afifa Vora

Afifa Vora

1628297446

Nameless NFTs No More: The NCT Story

We come into the world and one of the first things we’re given is a name. Then we go about naming our pets, cars, boats, and beach houses to express ourselves and show the world a bit of who we are. Beyond ourselves and back to antiquity societies have ceremonies for the sacred act of naming.

Naming art empowers owners with a final say in the masterpiece’s creative process. Owners with a hand in the creative process form stronger bonds with their art investments. Naming our NFTs is the perfect complement to our analog naming practices.

Stand-alone nameless NFTs without the owner’s personalized input feel languid and out of place in the world we, the Metaverse folks, are building. Nameless NFTs are like dried roses or the Gettysburg Address on paper instead of being read aloud, lifeless. Their essence is there but the connection is frayed. Art of that caliber in our wallets simply does not have the power to pull our hearts fully in.

“NCT,” The Hashmasks’ ERC-20 Name Changing Token, uses a burn function to give an NFT a permanent name stored on the Ethereum blockchain. This name can be changed again by burning more NCT. Why should we use NCT to go about naming? Let’s dig a little deeper into why and how NCT can add more value to NFT projects.

Read more: https://hackernoon.com/nameless-nfts-no-more-the-nct-story-qo1e373d

Jacky  Hoeger

Jacky Hoeger

1591239482

Single-SPA Starting From Scratch

Single-SPA Starting From Scratch
single-spa allows you to build micro frontends that coexist and can each be written with their own framework. If you’d like to learn how to use single-spa with Angular, Vue, or other frameworks, checkout this example. And if you’d rather use a different build system instead of webpack, check out this example Read more about separating applications using single-spa.

#article #javascript stories #stories #tech stories #javascript

Gwen  Torphy

Gwen Torphy

1625654220

What are NFTs | Why NFTs are so expensive | Why people are buying NFTs | Explained

What are NFTs?
Nonfungible tokens are a type of digital asset created to track ownership of a virtual item using blockchain technology. … NFTs have boomed in popularity this year along with a rise in the values of digital currencies, like ether and bitcoin.

Why NFTs are so expensive?
Traditional works of art such as paintings are valuable because they are one of a kind. But digital files can be easily and endlessly duplicated. With NFTs, artwork can be “tokenised” to create a digital certificate of ownership that can be bought and sold.

Why people are buying NFTs?
The CEO of SuperRare, another NFT site, told Insider people are motivated to buy NFTs because it provides a unique connection to the creator that does not exist with any other art form. Crypto art has also spawned entire communities online.

Read more on "Fundamentals of ‘Blockchain Technology’ and Problems with current banking system " on : https://bit.ly/3h4lIlN

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#nfts #developer