I always want to give things the benefit of the doubt, try and see the positives but I’ve never come across a project that I found as hard to like as this one. So let’s give it a fair shake and try and understand why so many are getting so excited about it.

Enjin has revealed more details about their NFT-focused blockchain, Efinity Network, which was announced earlier this month alongside their “high-speed bridge network” scaling solution, JumpNet. Efinity Network will be built as a parachain (ie: an offshoot blockchain) on the Polkadot network. Enjin plans Efinity Network to be a cross-chain highway for NFTs, capable of supporting…

Filecoin’s token is soaring by the most in all of crypto.  FIL  has jumped 168% to $231 in the last week, the most among the top 100 tokens listed on CoinGecko. The project raised $52M in a presale and $205.8 million dollars in an ICO during the 2017 crypto boom only to largely fall off…

Aave, DeFi’s third-largest protocol by assets in its smart contracts, will be expanding onto the Polygon network as it aims to improve scalability. Need for Scalability Consistently high gas fees, while indicative of Ethereum’s growing success and adoption, have the downside of pricing out smaller investors, Aave said in a March 31 blog post. In…

While searches for “NFTs” have outpaced those for “DeFi” by seven to one at the close of 2021’s first quarter, DeFi has quietly doubled or tripled by most key metrics. Deposits in Ethereum-based DeFi more than doubled to $37.7B from $16.6B at the start of the year, according to DeBank, besting 2020s Q4’s 90% increase…

A new web3 media platform called Mirror offers a new way for journalists to monetize their work. This past month, I set out to explore the NFT value stack – leveraging Mirror to make the essay into an NFT. The post, titled “NFT Value Capture Equation” was broken down using a fractional token called $VALUE.…

Liquidity providing isn’t as straightforward as you might think. When becoming an LP, you’re asked to provide both of the coins the pool represents. This can become costly for many, although there is a nifty trick we demonstrate in this video that bypasses that hurdle.

CME Group, the world’s largest financial derivatives exchange, is set to launch Micro Bitcoin futures, at one-tenth of a Bitcoin, on May. CME Group already offers standard Bitcoin futures, which have traded at an average volume of 13,800 contracts (roughly 69,000 BTC) daily throughout 2021. Micro Bitcoin futures will offer institutional traders and investors more…

Element Finance raised $4.4M in a seed round led by Andreessen Horowitz and Placeholder accompanied by SV Angel, A.Capital, Scalar Capital, and Robot Ventures.  Angels included Joseph Lubin, Fernando Martinelli, Stani Kulechov, Mariano Conti, Robert Leshner and Tarun Chitra. The project aims to bring liquidity to the fixed-rate income and interest markets Users will be…

Dharma just made getting started in DeFi easier.  Users can now move funds from their bank account into the Compound Finance, Aave and Yearn Finance protocols with one tap and begin earning interest of at least 7.7% currently, more than 100 times the United States’ average savings rate of .07% according to Bankrate. It’s the…