What Is Proof-of-Stake? Sustainable Blockchain Explained

Proof-of-stake is a mechanism for achieving consensus on a blockchain. Blockchain is a technology that records transactions that can’t be deleted or altered. It’s a decentralized database, or ledger, that is under no one person or organization’s control. Since no one controls the database, consensus mechanisms, such as proof-of-stake, are needed to coordinate the operation…

Sewer Pass Fever Pitch: BAYC Nets $20 Million, Blocks Zero-Royalty Platforms

The Alpha: On January 19, Yuga Labs launched Dookey Dash, an interactive minting experience playable until February 6.Users must have a Sewer Pass in their crypto wallet to play the game. These passes were initially airdropped to BAYC and MAYC NFT holders for free and have since started appearing on secondary NFT marketplaces, as announced…

We Got an Exclusive Look at Porsche’s NFT Pricing, Utility, and More

NFTs let fans of high-end brands get their hands on what was once unattainable — affordable luxury goods. It sounds like an oxymoron, but a host of innovative companies have found ways to make luxury items accessible thanks to Web3. Specifically, premier fashion brands like Balenciaga, Prada, and Gucci offer digital collectibles at a fraction…