Along with the growing distinctions between cryptocurrencies such as utility tokens and security tokens, non-fungible tokens (NFTs) are also becoming popular. What is a non-fungible token and what benefits does it offer? What is Fungibility? In order to understand what a non-fungible token is, we should understand what it means for something to be fungible. … Continue reading What are Non-Fungible Tokens?→
Banks have been around for hundreds of years. The first banks started out as places that held gold in deposit and gave you a receipt that you could use to get your gold back. From there, some banker got the wild idea to make the note itself transferable to other people. Paper money was born.
Decentralized finance has grown exponentially this summer. The rates of return that are being earned through the lending and even borrowing are eye-popping. How will decentralized finance mature and develop over time as cryptocurrency strives to become a mainstream financial option?