What is The Benefit of Staking Crypto? 4 Revealed Truth

What is The Benefit of Staking Crypto? 4 Revealed Truth

Staking is a form of coin investment in the crypto market. In this article, let's dive deeper into what is the benefit of staking crypto and how to earn passive income, and support the security and stability of the network effectively. What is Staking in Crypto? Staking is the holding of a certain amount of cryptocurrency in the electronic wallet of a Blockchain project for a certain period of time to receive rewards. The reward that investors receive depends on the amount of coins staked and the duration of the stake. Proof of Stake is the consensus algorithm in Blockchain.…
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What is Total Value Locked (TVL)? Importance of TVL in DeFi

What is Total Value Locked (TVL)? Importance of TVL in DeFi

According to the latest statistics on DeFi Llama, as of May 6, 2022, the total value of locked (TVL) in DeFi is 1960.84 billion dollars. So every time you mention DeFi, you've heard of the term Total Value Locked (TVL), but what does this term mean, and what importance does it have for DeFi? To be able to answer the question "What is Total Value Locked" let's go ahead with us! What is Total Value Locked (TVL)? Total Value Locked (TVL), aka Total Value Locked. This is the total value of assets locked in the DeFi smart contract. This number…
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What is Blockchain and Web 3.0? The New Era of the Internet with the Potential to Change the Crypto Market

What is Blockchain and Web 3.0? The New Era of the Internet with the Potential to Change the Crypto Market

With the continuous development of blockchain technology, Web 3.0 (Web3) is expected to be the future of the Internet and usher in a new era. However, many people are still skeptical about blockchain and Web 3.0 Since the concept of "Metaverse" was popular, Web 3.0 has also become the most sought-after phrase in recent times. So, What are Blockchain and Web 3.0 in Crypto World? Web 3.0 is the third generation of the Internet based on blockchain technology. Web 3.0 connects data together in a decentralized way to deliver faster, more personalized user experiences that even make the Internet as…
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What is GALA GAMES? Detailed Information about The Leading Future Game

What is GALA GAMES? Detailed Information about The Leading Future Game

The popularity of blockchain technology has greatly influenced the gaming world. A series of blockchain game projects were born to give players the ability to control their own games without having to go through a publisher. Gala Games is also one of the highly anticipated blockchain-based games. Let's learn about What is Gala Games in today's article. What is Gala Games in Details? Gala Games is a GameFi platform that aims to build an ecosystem of blockchain games. Gala Games' goal is to take the gaming industry in a completely different direction than it is now. Gala Games is not…
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Is Metaverse the Future of Business? Discover 6 Incoming Trends

Is Metaverse the Future of Business? Discover 6 Incoming Trends

Since Facebook changed its name to Meta in 2021, the term "Metaverse" has become a name that many people "hunt" and pay special attention to. So Is Metaverse the future of next techonology? Not only creating a fever in the community, but Metaverse has been making a significant turning point when using AI applications to create a virtual world - where people can communicate and interact like the real world.. What is Metaverse and is Metaverse the Future? Metaverse, also known as virtual super universe, is a digital space created thanks to the Internet and technology applications such as augmented…
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What is Optimism Crypto? The Simple Layer 2 For ETH Scaling

What is Optimism Crypto? The Simple Layer 2 For ETH Scaling

ICsues like transaction fees and scalability have always been a dilemma on Ethereum. But now you don't have to be tired of these problems anymore as more and more Layer 2 projects appear. Optimism is arguably one of the best options out there and this ecosystem gets a lot of it. the attention of the Ethereum community recently. So through the following article, let's find out what exactly is Optimism Crypto? So, What is Optimism Crypto in Details? Optimism or Optimistic Ethereum (OE) is a Layer 2 scaling solution that allows users to send transactions on the Ethereum network at…
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Top P2E NFT Games that Will be Crowned in 2023

Top P2E NFT Games that Will be Crowned in 2023

NFTs have gained popularity as a new means of trading digital art, collectibles, and other unique forms of digital assets in recent years. The same can be said for games for Money (play to earn game), which has received significant media coverage recently. While NFT Games for Monetization have seen growing interest, mainstream adoption has yet to happen. However, some NFTs and play-to-earn games are worth considering for investment in 2023, due to the potential for high returns, widespread adoption, and new possibilities opened up by this new technology. Here are four projects to consider for the investment in NFT…
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What is DAO in Crypto? Find Out the Feature of Top DAO Applications

What is DAO in Crypto? Find Out the Feature of Top DAO Applications

The concept of blockchain is no longer strange to those who are interested in technology as well as learn about the crypto market, and blockchain is now considered as a "super technology" with countless outstanding applications and features, opening up many opportunities for growth. The DAO was born in the wake of the rise of blockchain along with the increasing demand for “decentralized” properties. The birth of the DAO is reasonable because in an era where the big players in many fields have too much financial power, the decentralized platform will be the way for investors and consumers to understand.…
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My DeFi Pet Guide – How to Play & Earn Big Money

My DeFi Pet Guide – How to Play & Earn Big Money

My DeFi Pet is an NFT game project running on the blockchain platform of Binance Smart Chain with support from KardiaChain. The platform brings traditional game experiences and DeFi features to NFT collectibles. Players can collect, breed, trade monsters, battle, and participate in events for exciting prizes up to 100,000 USDT per season. The founding team of My DeFi Pet has expressed the hope to bring users to personalized experiences on the DeFi ecosystem through the pet game model to earn money. In this article, Mycodebit will show you how to join the My Defi Pet space from creating a…
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