Cryptocurrency meaning in tagalog
Definition: It is a rate at which the price of a security increases or decreases for a given set of returns. Volatility is measured by calculating the standard deviation of the annualized returns over a given period of time. It shows the range to which the price of a security may increase or decrease. Description: Volatility measures the risk of a security.
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Content:
- Digital Currency
- Buy and Sell Bitcoin and Crypto Directly with PHP!
- The Most Popular Cryptocurrency Terms And Phrases
- What Is Staking?
- 'HODL,' 'whale' and 5 other cryptocurrency slang terms explained
- Axie Infinity players in the Philippines may have to start paying tax on trading ‘pets’
- What Is Market Cap? Defined and Explained
Digital Currency
Non-fungible tokens NFTs collectors and close friends Gabby Dizon and Colin Goltra launched Narra Art Gallery in late January to provide an open gallery space where they can showcase digital art available in the crypto art community. The gallery features five different floors that serve as exhibit spaces accessible in the open-world virtual realm or Metaverse.
It is also named after the national tree of the Philippines. Narra Art Gallery aims to open the doors to the crypto art scene in the Philippines and showcase incredible local talents across the country, and possibly from abroad. Being collectors themselves for a while now, Dizon and Goltra initially founded Narra Art Gallery simply to display their personal crypto art acquisitions publicly. Decentraland is designed to provide people with the means to buy plots of land in the virtual realm and actively build something on it, much like in MMORPGs that we play.
But the co-founders of Narra Gallery saw a big potential for it to grow more, especially now with the recent rise of digital art galleries like theirs and the sudden digitalisation of many traditional art galleries and museums due to the unprecedented repercussions of the global pandemic.
So what exactly is this new technology that is sweeping the local and international art community by storm? An NFT or a non-fungible token represents any digital file that you may put on it: may it be a video, photo, music, gif image, etc. In the crypto art community, NFTs represent art pieces that an artist creates. It exists on a blockchain, mostly in the Ethereum blockchain. Through this blockchain, people may trade NFTs for certain amounts of prices.
Blockchain technology democratises, in a sense, the transactions being made for it lets the people in the community validate the transactions themselves. By its name, NFTs are non-replaceable tokens. Although it may be replicated, only one person in the world can have an NFT of a certain digital file.
This can be proven by checking the ledger of the NFT where data of recent transactions in the blockchain are stored permanently. When you buy it, you will have access to the high-resolution file that comes with the token.
Using the digital art frame Canvia, Dizon uploads the works to it enabling him to display it physically in his house. Goltra added that part of what you are receiving from the NFT is the building of the relationship between you and the artists.
In his case, the artist sends him prints of the digital artworks. The artist validates the profile of the receiver of the NFT, making it unique and authenticated when transferred. The NFT has its own unique identifier, so even though other people can make copies of it, the original and certified version will remain with you. One of the solutions that blockchain technology provides is the assurance that NFTs are forgery-proof from other users. Digital art has existed in the contemporary art scene since the dawn of the Computer Age.
But his large fan base, being one of the pioneer digital artists in the crypto art scene, led to his works being auctioned off at such astonishing prices. This is one key factor why crypto art is on the rise nowadays— value , as perceived by the society and its owner. The same philosophy goes with how traditional forms of art are appreciated. The only difference is that it is in the digital world. For Goltra and Dizon, introducing crypto art and collectibles in the Philippines is not about the money but more on adding a new way for Filipinos to appreciate digital art.
I could say that for me, it just came out naturally that we wanted to give these artists a space. Crypto art can be easily transferred online from one person to the next for a certain amount of cryptocurrency, enabling it to increase its value over time. One way to look at this trend is its great potential for wealth investment in the near future.
But for the Narra Art Gallery co-founders, it is not here to replace traditional art nor pose as a better asset that would guarantee a higher return on investment. What catapulted the crypto art industry to its rise today could be the shift of focus to arts and culture, according to Goltra.
Digital art predates the prevalence of NFT in the crypto art community. With it now entering the Philippine market, there are only high hopes for it to flourish further. Dizon and Goltra acknowledged the rise of local talents who are minting their NFTs and most are off their radar.
With this, one of the projects of the gallery is the firstmintfund. Artists interested in applying for this may submit their entries to the co-founders via the website and will be upon deliberation.
The co-founders will be hosting a series of panels and talks for audiences to understand it better and a highlight of crypto artists, not only from the Philippines but also around the world, using four floors of the Narra Art Gallery. The co-founders assured that this will not be the last of their projects this year to share the knowledge about crypto art.
It represents freedom for a lot of artists because they are able to showcase their true skills without being dictated what to do. Crypto empowers people to take part in the global economy. We want to see more artists, either freelance or professional, or even a wannabe. Crypto is a levelling force with the best powerful means. We need to provide people access to this as we want Filipino artists to be the best not only in the Philippines but throughout the world.
Skip to main content. Tatler Asia. Cover Narra Art Gallery. Above Inside Narra Art Gallery. Baxxter is up for auction on a website. Scooter will be the first band in Germany to release digital, animated artwork to accompany the new Scooter album "God Save the Rave" starting April 9. The digital artworks are marketed to music fans and collectors by start-up twlvxtwlv.
NFT is… An NFT or a non-fungible token represents any digital file that you may put on it: may it be a video, photo, music, gif image, etc. How can it be transferred to another owner? Can it be copied? Can it be physically displayed? How to ensure its authenticity and good condition? A New Era of Art Appreciation. Entrirely 3D generated image. Image on the walls is my own and it's a 3D generated images as well.
Above Narra Art Gallery. All rights reserved.
Buy and Sell Bitcoin and Crypto Directly with PHP!
Account Options Sign in. Top charts. New releases. Add to Wishlist. Trusted by millions of users worldwide. Additionally, explore awesome art and collectibles on Binance NFT marketplace! Binance App is available only to non-U.
The Most Popular Cryptocurrency Terms And Phrases
What universal health care means during a pandemic - YouTube. Examples: Noun. A job-based health plan covering only the employee that costs 9. Integrated health care involves sharing of information among team members related to patient care and the establishment of a comprehensive treatment plan to address the biological, psychological and social needs of the patient. Examples of skilled home health services include: Wound care for pressure sores or a surgical wound. Community health covers a wide range of healthcare interventions, including health promotion, disease prevention, and treatment. Universal healthcare does not imply coverage for all cases and for … It is generally organized around providing either all residents or only those who cannot afford on their own, with either health services or the means to acquire them, with the end goal of improving health outcomes. These services are usually only offered in a limited number of regional or national health care centers. For example, pharmaceuticals and other medical devices are the leading high technology exports of Europe and the United States.
What Is Staking?
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'HODL,' 'whale' and 5 other cryptocurrency slang terms explained
Meaning and definitions of crypto, translation in Filipino language for crypto with similar and opposite words. Also find spoken pronunciation of crypto in Filipino and in English language. What crypto means in Filipino, crypto meaning in Filipino, crypto definition, examples and pronunciation of crypto in Filipino language. Go To Android App. English to Filipino Meaning :: crypto Crypto :.
Axie Infinity players in the Philippines may have to start paying tax on trading ‘pets’
And, everyone from Warren Buffett to athletes and celebrities have weighed in on the future of cryptocurrencies. With all the attention, jargon that was once just used for inside jokes in early cryptocurrency chat rooms and on Reddit threads has now become a part of the dialogue. So what does that mean? In early bitcoin forums, someone posted a message that spelled the word "hold" wrong, and readers interpreted it as an acronym "hold on for dear life," Saddington explains. Example: "If someone tells you bitcoin is a bubble, they just have FUD. This one is simple, Saddington says.
What Is Market Cap? Defined and Explained
A cryptocurrency , crypto-currency , or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank , to uphold or maintain it. Individual coin ownership records are stored in a digital ledger , which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake.
This is a weekly newsletter about how people and technology intersect. To receive this newsletter in your inbox each week, subscribe here:. For reference, U. As it became harder for many Filipinos to put food on the table, thousands turned to blockchain-based online games as a way to make money. It started with Axie Infinity, a popular blockchain-based game full of digital cartoonish creatures called Axies. This concept—earning money by playing online games with cartoon creatures—may seem silly, but it can be a real source of income.
Pronounced Bake-be , the idea is borrowed from a concept store in Hong Kong that uses an app to teach guests how to bake the cake of their dreams. Co-founder and CEO Nikko Que believes it would have closed many more sales had Manila not been forced back into lockdown at the end of July. A quick quiz on social media turns up a bunch of advertisements for all sorts of things you can buy in the Philippines with SLP. The Bakebe boys say their customers tend to assess the price of SLP in terms of the effort it would take them to earn it. A friend of mine, on his first day of playing Axie, excitedly told me he had earned three Chicken Joys in just a few hours.
An NFT game named Axie Infinity is allowing a rural Filipino community to survive unemployment during the coronavirus pandemic by rewarding players with cryptocurrency. With a population of million people in the nation, a staggering 7. In hopes to survive these tough times, many Filipino residents discovered Axie Infinity , a PC and mobile game which uses NFTs to identify various digital items in-game, rewarding players with a virtual currency called Smooth Love Potion.
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