Learn about the exciting world of Web3

In this category, you will find all articles that fall under the Web3 umbrella term. If you're unfamiliar, Web3 refers to a new vision for the internet, one where users connect with each other through decentralized networks and services and hold control over their own data.

If you want to learn more about the world of Decentralized Finance (DeFi), look no further! You will be able to learn about what DeFi is and what are certain protocols that DeFi has helped create, such as decentralized lending and borrowing and decentralized exchanges.

You will also be able to read up on the world of non-fungible tokens (NFTs), what they are and what are certain projects that have taken the world by a storm (like the Bored Ape Yacht Club or CryptoPunks).

Lastly, you will also find all articles pertinent to the metaverse. We take a deep dive into what the metaverse is, how different worlds are being built, and what are the specific tools you can use to access these worlds.

Whether you’ve heard of all these terms or not, Bitstamp is here to guide you through your Web3 journey and help you become an expert in this evolving ecosystem. Learn more about Web3 today!

Posts

Extended Reality: Virtual Reality, Augmented Reality, and More

Extended reality (XR) covers the different types of technology-assisted alternate reality experiences. This includes virtual reality (VR) and augmented reality (AR).

What are blue chip NFTs?

Blue chip NFTs are non-fungible tokens that are expected to maintain a more sustainable long-term value due to factors like historical trading activity and strong fundamentals.

What are CryptoPunks?

CryptoPunks is an NFT collection of 10,000 Ethereum-based tokens that each represents a unique, 24x24-pixel character with unique traits.

What are Decentralized Physical Infrastructure Networks? (DePIN)

DePIN, which stands for “Decentralized Physical Infrastructure Networks”, describes networks which connect physical, hardware devices. To allow them to function in a decentralized manner, they are supported by cryptocurrency-based rewards.

What are Ethereum NFTs?

Non-fungible tokens (NFTs) are types of digital assets that are provably unique, making them both collectible and useful for functions from establishing ownership of real-life assets to online gaming.

What are liquidity pools?

Liquidity pools are collections of cryptocurrencies used to facilitate trades between different assets on decentralized exchanges.

What are NFTs? (Non-Fungible Tokens)

Non-fungible tokens, or NFTs, are digital representations of anything that is unique. They can represent various sorts of digital assets or even physical items, like cars or art. These non-fungible tokens are most often implemented on the Ethereum blockchain.

What is a decentralized exchange? (DEX)

Decentralized exchanges are foundational to the DeFi ecosystem, allowing users to exchange digital assets based on software code and without having to rely on intermediaries.

What is Decentralized Finance? (DeFi)

Decentralized finance (DeFi) describes the broad concept of blockchain-powered financial services free from the intermediaries of traditional banking.

What is decentralized lending and borrowing?

Decentralized lending and borrowing refers to the alternative ways to issue and take out loans using decentralized finance (DeFi) protocols and digital assets.

What is DeGods?

DeGods is a collection of 10,000 NFTs originally built on the Solana blockchain.

What is GameFi and play-to-earn (P2E)?

Web3 games built on blockchains, called play-to-earn, enable users to earn token-based gameplay rewards for playing. Incorporating financial rewards into games in this way has led to the term GameFi being used to describe the play-to-earn segment of decentralized applications.

What is generative art?

Generative art is a term used to describe any type of artistic output created by an autonomous system.

What is Magic Eden?

Magic Eden is a decentralized marketplace for peer-to-peer trading of non-fungible tokens (NFTs).

What is MetaMask?

MetaMask is a non-custodial, multichain cryptocurrency wallet used to access a wide range of Web3 applications. 

What is NFT minting?

NFT minting is the process of creating a non-fungible, or unique, token on a blockchain.

What is OpenSea?

OpenSea is a decentralized, peer-to-peer marketplace for trading non-fungible tokens (NFTs) issued on Ethereum, Polygon, and other blockchains.

What is Phantom?

Phantom is a cryptocurrency wallet for the Solana ecosystem of Web3 applications