Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below. Just click on the icons to get to the download page. This year, tech CEOs drew inspiration from a s sci-fi novel, Reddit investors' lexicon seeped into the mainstream as "diamond hands" and "apes" shook Wall Street, and something called a DAO tried to buy a rare copy of the US Constitution. The metaverse broadly refers to shared, immersive digital environments which people can move between and may access via virtual reality or augmented reality headsets or computer screens.
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- Programmable Money For The Internet
- Decentralized Autonomous Organization (DAO)
- What are DAOs? Here’s what to know about the ‘next big trend’ in crypto
- Here's Why Polygon, Curve DAO Token, and Harmony Skyrocketed This Week
- DAOMaker (DAO) Ecosystem Reaches New Milestone
- Get covered against smart contract failure & exchange hacks.
- Hybrid Liquidity DEX:
Programmable Money For The Internet
NFTs are certificates that show you own a digital item, which can be original versions of videos, tweets or memes. They can be anything digital but a lot of the excitement is around digital art. They confirm an item's ownership by recording the details in a digital ledger known as a blockchain, which is public and stored on computers across the Internet, making it effectively impossible to lose or destroy. Most NFTs are part of the Ethereum blockchain. After Facebook changed the name of its parent company to Meta, setting out its ambitions in the virtual world, the word has been on everybody's lips.
According to the Oxford English Dictionary, the metaverse is "a virtual-reality space in which users can interact with a computer-generated environment and other users". It means people can move between digital virtual environments by using headsets or computer screens. The metaverse had already been in existence long before Facebook changed its name and has been particularly popular in gaming. It refers to something real and an experience outside the virtual world. A big theme in the tech industry is decentralisation, meaning transferring power from governments and big companies into the hands of users.
Short for decentralised finance, DeFi is a financial system that removes the need for banks or centralised intermediaries to execute transactions.
Instead, DeFi uses smart contracts which are programs stored on a blockchain that execute actions automatically once agreed conditions are met. It broadly refers to an internet community or entity that is owned by members and has no central leadership. Instead, the communities rules are encoded on a blockchain and enforced by smart contracts.
Web3 is the name given to what some are calling the next phase of the internet, which runs on blockchain technology and is decentralised. The aim is to circumvent tech giants such as Google and Meta as platforms and search engines on Web3 would not be owned or operated by central gatekeepers.
Instead of exchanging our data to upload content online, users can become participants and shareholders by earning tokens on the blockchain system, which will allow you to have a say over how the network is run.
But this egalitarian vision on the Internet may already be flawed as the people currently pouring tens of billions of dollars into Web3 services are tech companies, software developers, venture capitalists and hedge funds. These include the second-best performing crypto Ethereum and Dogecoin, the crypto created as a meme. Hypersonic is an adjective that relates to anything that can travel faster than five times the speed of sound.
It has been spoken about in after China fired two hypersonic weapons around the Earth in July and August, the Financial Times reported. China has denied testing hypersonic missiles and says the tests involved a reusable space vehicle.
This content is not available in your region. Euronews Next takes you thorough some of the key tech words from Enter the metaverse: We explain the vision for the next version of the Internet Facebook is not the only company building a metaverse. Here are the other companies rivalling Meta. What is Web3 and why is Jack Dorsey attacking the 'next phase of the internet'? Biztech news.
Decentralized Autonomous Organization (DAO)
While could definitely be regarded as the year of cryptocurrencies, one sector that surprisingly stood out was that of memetokens. These meme-themed cryptocurrencies first conceptualized in the OG Dogecoin and endorsed by the likes of Elon Musk, have amassed huge communities. Further, they have greatly increased in valuation during this time. However, good times always come to an end and the mania behind Dogecoin and Shiba Inu seems to have visibly slowed down, with users finally coming to terms with the lack of utility on these networks. In fact, these meme projects are now evolving their networks to stay relevant in a fast-evolving ecosystem. Shiba Inu has taken the DeFi route by building a whole suite of tools and products. Well, including the recently announced decentralized autonomous organization Doggy DAO.
What are DAOs? Here’s what to know about the ‘next big trend’ in crypto
Virtual worlds, subreddits, hacker collectives, DeFi protocols, and fashion houses all use Aragon to take their communities to the next level. A pioneering framework for frictionless DAO governance with on-chain execution and plug-in dispute resolution. The ultimate solution for creating and managing proposals and voting in a decentralized, cost-effective, and secure manner. Helping communities protect shared resources so they can focus on moving forward. Aragon Monthly Newsletter. Select an Option Aragon Client. Minime Token. Traditional voted governance. DAO templates. Extensible with plugins.
Here's Why Polygon, Curve DAO Token, and Harmony Skyrocketed This Week
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DAOMaker (DAO) Ecosystem Reaches New Milestone
Harmony is an open and fast blockchain. Our mainnet runs Ethereum applications with 2-second transaction finality and times lower fees. Harmony is your open platform for assets, collectibles, identity, governance. Our secure bridges offer cross-chain asset transfers with Ethereum, Binance and 3 other chains. Our FlyClient architecture is fully trustless and highly gas-efficient.
Get covered against smart contract failure & exchange hacks.
It is well known that DAOs are an efficient and secure technique for setting up new decentralized environments in the crypto sector. For the DAOs system to work, there is no need to trust any group of people to make a company succeed; All that is required is the DAOs code, which is public and verifiable by anybody. This is how AirCoin was formed through the help of DAO to modify the way the crypto space works and make it easier to complete transactions and use. The key feature of AirCoin is that it operates on a DAO intending to achieve complete decentralization of the project and its products. There is no need for KYC or personal information that can be leaked in case of an attack.
Hybrid Liquidity DEX:
DAOMaker has reached another significant milestone in its journey towards creating a decentralized ecosystem for retail venture investing. The multi-million dollar project has now attracted new partners into its ecosystem and has also rolled out juicy yield farming programs to enable users to make the most of the rapidly evolving decentralized finance DeFi space. The hard work of the DAOMaker team, a decentralized blockchain project that claims to create growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors, is gradually yielding the desired result, as the project has achieved impressive feats in the past week. For those who are unaware, YieldShield is an algorithmic DeFi yield farming platform that makes it possible for anyone to farm the highest yield available on the newest DeFi protocols.
HQ to the FWB community, and base camp to the artists, thinkers, and creators who are leading the Web3 transformation. From trading-crypto and nft-learning to music-production and city channels, there is a home for everyone. The definitive voice on how Web3 is intersecting with the creative class. Covering weekly news, underground insights, and hot takes from within the community. A global roster of token-gated events just for the FWB community.
DAO failed to provide immediate returns and the markets appear to be range bound. In previous articles I had mentioned that the fundamentals around DAO seemed like a poor investment. In my opinion the current cost of DAO is overpriced, making it highly unlikely that it will retain this value upon release. Although the price is fixed to the market rate of ether, the supply is undergoing hyper-inflation. Although the DAO fundraiser was impressive, it had all the hallmarks of a pre-market bubble.
Listed on over exchanges, TRX, one of the most promising cryptos, connects millions of value investors across the globe. It is created by outstanding community developers of TRON and has established in-depth cooperation with a number of world-class wallets. The first-ever TRON-based blockchain explorer that provides comprehensive on-chain data for queries and supports token creation.