Author: Damocles
Damocles
Damocles is a self-imposed web3 nomad with a background in journalism and education. Having served as a freelance writer for three years, he decided to focus on one area he loves: the blockchain industry. He enjoys the drama, controversies, and pleasant surprises of this growing arena, pumping him to write more daily. To this day, he still considers himself a newbie who is dead set on honing his skills and being more involved in web3 projects.
Ethereum’s struggles with its network have allowed other Layer 1 blockchains to compete and deliver the solutions people want. One such platform is Solana, which proved to be a worthy competitor by offering an eco-friendly consensus mechanism, fast transactions, and low fees. But it seems that the promising competitor is now struggling with critical issues, including repeated platform outages and resource exhaustion, putting its long-term competitiveness in limbo. These struggles have opened up opportunities for a new breed of blockchains built on a special programming language called Move. Aptos is one of the most promising developments in this arena, currently…
Some non-fungible token (NFT) creators ask whether it is possible to list the same NFT on different marketplaces. There are many reasons why you may feel like this is a good idea. The most common logic would be to have more exposure to your works. For instance, if you list your NFT on OpenSea, Rarible, and SuperRare, you’ll get more eyes on your creation than just listing it on OpenSea alone. But a problem arises when people from different marketplaces buy your NFT, as your other listings will become invalid, which could end up ruining your relationship with marketplaces. If…
As the metaverse remains to be a vague concept, the consequences of an avatar’s “death” in virtual worlds raise a bigger question. What happens when you die in the metaverse? Of course, you as the ‘user’ would still be alive in the real world, or at least, we hope that remains to be the case. But in all seriousness, what are the consequences of metaverse death? Apparently, there is a lot of debate going on around this topic, and the answer isn’t as cut and dried as we want, but there are many individuals and organizations seriously exploring these issues.…
The amount of articles created by blogs and independent journalists that attack NFTs based on their environmental impact is at an all-time high, most of which contain a mix of correct data, wrong assumptions, and poor insights. Unfortunately, many of them don’t even understand how blockchains work, which makes them prone to misinterpret data and make conclusions that have no basis in reality. First of all, most of the referenced data around these topics were published in early 2021, back when the crypto market was near peak exuberance, even on recently-published articles. Here is The Verge explaining the environmental impact…
Pak is currently one of today’s high-profile NFT artists and an attention magnet mainly because of his mysterious persona and, above all, his record-breaking NFT sales. Despite his anonymity, we’ve been fortunate enough to be able to take a peek at his mind’s depth through his creations, including his art pieces, platforms, and unique selling philosophies. Let’s take a deep dive into what imPak does the artist has created so far in the NFT realm 一 and how we can learn and take inspiration from it. Who is Murat Pak? Pak is an anonymous digital artist, programmer, and cryptocurrency investor…
With Meta’s big metaverse bet, web3 proponents have called out CEO Mark Zuckerberg for the centralized nature of Meta’s platform, which undermines their envisioned utopian metaverse that would empower the common user and be built with decentralized technologies. But considering Zuck’s latest press comments, this begs the question, if not Meta, which company poses the biggest threat to a decentralized metaverse? Zuckerberg, Meta’s chief executive officer (CEO), might have a short, sweet answer to this question: Apple, if his latest statement is any indication. Apple’s absence from the newly-formed Metaverse Open Standard Group, a collaborative initiative comprising multiple large companies…
Sui, the hottest new proof-of-stake (PoS) and general purpose layer 1 (L1) blockchain, has finally rolled out its Incentivized Testnet, which will offer developers, validators, and Sui supporters an opportunity to be its early participants. If you’re not familiar with the protocol, check our full guide on the Sui blockchain. Through this testnet, Sui will finally start selecting and building its foundation of validators and full node operators in order to become one of the most secure platforms in the web3 industry. Testnet Rewards One of the main attractions of this testnet, aside from being spearheaded by a promising blockchain,…
An opportunity to win more than $100,000 might be the best news that crypto natives need to hear right now, especially since the “NFT winter” is still ongoing, dragging down non-fungible tokens (NFTs) prices along the way. Solana Winter War is a tournament that pits 16 Solana NFT decentralized autonomous organizations (DAOs), including Cets on Creck, Famous Foxes, and many more against each other. The tournament will be commence today, August 22, via a browser-based ‘Plants vs. Zombies’-inspired game made possible by Communi3, a web3 platform that provides solutions that enhance online communities of companies and organizations. The looming global…
Imagine playing Super Smash Bros but with your NFTs. That loosely sums up BitBrawl’s gameplay. Many blockchain games that have come out from 2021 to 2022 never amounted to anything. We’ve seen in-game tokens crash to extremely low levels that it becomes nearly impossible for players to make a decent income. But we also know that the GameFi industry is still early and that the best is probably yet to come. True “degens” know that the world of non-fungible token (NFT) games are a mixed bag of treasures and junk, and it’s their task to plow their way through these…
Meet Beeple, the man who went from drawing crude sketches to creating the most expensive single NFT artwork ever sold and becoming the second highest-selling digital artist in the world, next to Pak. Who knew that sheer determination and consistency could thrust a digital artist into becoming one of the most respected and wealthiest figures in the art world? By now, you’ve probably heard of him or his works, but his decade-and-a-half journey started with nothing. He appears to be very critical of himself and even calls his artworks “crap”, most of which barely sold for a thousand dollars in…