Jan 15Tokenomics; How Important is it in Cryptocurrency?Overview of Tokenomics With the rise of investors investing in Crypto projects, Tokenomics is a knowledge that will be beneficial to many persons. Most successful Cryptoprojects has been largely determined by their Tokenomics. What exactly is Tokenomics? Tokenomics is gotten from two words token and Economics. Tokenomics simply means the…4 min read4 min read
Dec 12, 2022MAINNET & TESTNETFor sometime, I have been confused on these concepts mainnet and testnet. It’s majorly used during airdrops and launch of Crypto project. I decided to research about this intriguing topics and document my research for everyone to read. So what’s Mainnet? Mainnet also known as main network is a fully deployed, running and…2 min read2 min read
Dec 2, 2022IDOs: How Secured is it for Investors?In Cryptocurrency industry, there are many ways to launch a project to the public and attract investors to fund it. The most popular way has been ICO which means Initial Coin Offering and this has been used by Crypto projects. What is the meaning of ICO- Initial Coin Offering are major…3 min read3 min read
Jul 14, 2022What the Heck is Decentralized finance?Over the years, the trend of Blockchain technology has increased rapidly. And the changes taking place in this technology brought the concept of Decentralized Finance. What is Decentralized Finance shortened as Defi are financial applications independent of intermediaries like banks, etc. built by smart contracts on the Blockchain. DeFi is…1 min read1 min read
Feb 18, 2022The Blockchain TrilemmaJust like a student, it is hard to balance between academics, sleep and social life, it is similar to blockchain trilemma. In the blockchain technology, the perfect network supports the three core features which is scalability, security and decentralisation. So the blockchain trilemma means that any blockchain can only provide…1 min read1 min read
Feb 17, 2022Liquidity In CryptocurrencyLiquidity in Cryptocurrency is very important as well as other tradeable assets. Some tradeable assets include real estate, stocks, shares, forex etc. Although some can be classified as illiquid because it takes time for them to be sold e.g real estate etc. The more liquid a crypto, the less volatile…2 min read2 min read
Feb 11, 2022Staking _How To Make Passive Income in Cryptocurrency.One of the ways to earn passive income in Cryptocurrency is by staking. Just like in the traditional system of banking, you lock an amount of money for a certain period to get interest before withdrawal. It is a bit similar to staking. Staking simply means locking crypto assets to earn…2 min read2 min read
Feb 9, 2022Common Cryptocurrency Myths and how I debunked them.Since the inception of cryptocurrency, it has gained massive popularity. Due to its complexity and seemingly technical terms. A lot of misconceptions about blockchain technology and cryptocurrency has evolved. We live in a world full of information and some of them can be misleading when not treated tightly. Here’s the…2 min read2 min read
Feb 8, 2022Differences between A Token And A CoinIn the Cryptocurrency industry, there are lots of misused words. Top of the list is tokens and coins often used interchangeably. Though, they might be similar. There is a major difference between tokens and coins. A coin is a cryptocurrency that runs on its blockchain. E.gs include Bitcoin, Ethereum, Solana…2 min read2 min read
Feb 7, 2022Why Are Cryptocurrencies Very Volatile?Just like other digital assets like Gold are volatile, Cryptocurrencies are highly volatile. What’s the definition of Volatility? Volatility in Cryptocurrency is the measure of how these assets price go up and down in the market. Here are the factors that cause the volatile nature of Cryptocurrencies: 1. New technology_…2 min read2 min read
