Article: The rise of NFTs and what it could mean for the collaboration economy

Crypto

The rise of NFTs and what it could mean for the collaboration economy

Many new blockchains with much lower fees are gaining popularity and are expected to dramatically reduce the cost of minting and buying an NFT.
New platforms are simplifying the NFT trading process. For instance, transactions on NBA TopShot are not conducted in cryptocurrencies but regular dollars, making it easier for everyone to get involved.

Regardless of where we go, the future is very exciting and the decentralization movement will have a significant impact on how we interact and work together in the future!

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Article: NFTs Mushroom Into Billion-Dollar Market With Help From Alchemy

Crypto

NFTs Mushroom Into Billion-Dollar Market With Help From Alchemy

The $1 billion market for non-fungible tokens has seemingly come out of nowhere to capture the imagination of artists and blockchain enthusiasts all over the world. While the projects range from eight-bit pixelated portraits to elaborate ink and paint creations, what they all have in common is the behind-the-scenes startup Alchemy.

The San Francisco-based firm was founded in 2017 by Nikil Viswanathan and Joe Lau and only opened to general, rather than private, customers in August. Since then, transactions using Alchemy technology have grown 54-fold to power $25 billion worth of Ethereum projects such as decentralized finance startups and NFT platforms, Viswanathan said in an interview.

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