Prospects and Future of Cryptocurrencies and StablecoinsIn
October 2022, the European Union finalized the text of regulatory rules for digital assets. This document was called Markets in Crypto-Assets, or MiCA. The MiCA entered into force in June 2023.This means that soon the cryptocurrency market in the EU will become more regulated.Read more in our blog
Read more on our blog
Blockchains Need a Compatible Standard for Development
A common standard for blockchain networks is essential to achieve full interoperability and interoperability between different decentralized platforms and applications.
The need for a single standard is increasing, given that many new layer-1 blockchains have now emerged. However, almost all of them operate in isolation from one another.
Read more: https://ownrwallet.com/blog/blockcha...d-development/
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How does the Metaverse work?
The metaverse can be divided into two sorts of platforms in general.
The first involves leveraging nonfungible tokens (NFTs) and cryptocurrencies to create blockchain-based metaverse startups. People can buy virtual land and create their own settings on Decentraland and The Sandbox platforms.
The second group uses the metaverse to describe virtual worlds in general, where people might meet for business or enjoyment. In July, Facebook Inc. announced the formation of a metaverse product team.
People who buy or trade virtual assets on blockchain-based platforms must use cryptocurrencies, despite many metaverse services offering free accounts. Several blockchain-based platforms, such as Decentraland's MANA and The Sandbox's SAND, require Ethereum-based crypto tokens to purchase and sell virtual assets.
Users can trade NFT artworks or charge for admission to a virtual show or concert in Decentraland. They can also make money by trading land, which has seen a significant increase in value in recent years. Users can earn money on Roblox by charging other users for access to their games.
More interesting content in our blog
New coins in OWNR Wallet!
We continue to expand the list of supported features!
Meet Polkadot (DOT) coins beta-mode in OWNR Wallet
Please update your mobile app to the latest version (1.70) to access all available features and improvements.
Check the full list of supported coins here.
⚽️ The Fun Revolution: Fun Tokens
When discussing non-fungible tokens (NFTs), it's easy to get caught up in the technical aspects of blockchain, smart contracts, and digital ownership.
However, at its core, the potential of NFTs in the entertainment industry goes beyond technology—it revolves around people, particularly the fans.
It's about how these digital assets can revolutionize the way we engage with our favorite stories, characters, and creators.
It introduces a fresh and innovative approach to entertainment that empowers audiences and involves them in the creative process, transforming fandom into a form of ownership.
Traditionally, fans have been seen as consumers—audiences to cater to, but passive participants in the creative journey.
The rise of NFTs disrupts this notion by creating a shared interest and a mutual love for a specific intellectual property (IP), turning fans into stakeholders.
Read more in our blog: The Fun Revolution: Fun Tokens | OWNR Wallet
⚽️ The Fun Revolution: Fun Tokens
When discussing non-fungible tokens (NFTs), it's easy to get caught up in the technical aspects of blockchain, smart contracts, and digital ownership.
However, at its core, the potential of NFTs in the entertainment industry goes beyond technology—it revolves around people, particularly the fans.
It's about how these digital assets can revolutionize the way we engage with our favorite stories, characters, and creators.
It introduces a fresh and innovative approach to entertainment that empowers audiences and involves them in the creative process, transforming fandom into a form of ownership.
Traditionally, fans have been seen as consumers—audiences to cater to, but passive participants in the creative journey.
The rise of NFTs disrupts this notion by creating a shared interest and a mutual love for a specific intellectual property (IP), turning fans into stakeholders.
Read more in our blog
The UK is Forming a Bitcoin Policy Organization to Encourage the Education and Adoption of BTС
A new organization called Bitcoin Policy UK (BPUK) is being created in the U.K. to encourage the adoption of Bitcoin in various fields.
The organization's main tasks include attracting investment, generating educational resources, and training students to work with bitcoins.
Read more in our blog
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