Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token's current total value stands at $3 billion, down roughly 70%. Although not as well known as the leading smart contract blockchains, Klaytn remains a top-35 token by capitalization rank. Moreover, the network holds $1.2 billion worth of deposits locked on smart contracts. Capital locked on smart contracts is known in the industry as total value locked, or TVL. Real use cases and strong backing Klaytn is a flexible modular network architecture created …

The world loves a good underdog story. At its core, many associate themselves with the underdog, recognizing the uphill battle they have overcome in their own lives. The capability to relate has since made the story universal, with similar narratives of constant difficulty being met with miraculous achievements occurring across sports, business and now cryptocurrencies aimed at evening the financial playing field. Not only do these stories give the world the inspiration needed to inspire their own forms of change, but with decentralized technologies, they also give participants a chance to be a part of the success. Floki is a …

This March, Cointelegraph Research will release a 30-page report about GameFi — the term used to describe the marriage of blockchain-based games with decentralized finance (DeFi). The report analyzes five popular play-to-earn (P2E) games, the economics of GameFi and the future development of an industry responsible for more than 55% of all crypto transactions in the last quarter of 2021. In collaboration with multiple partners including Konvoy Ventures, Game7, Forte, Animoca Brands and others, the Cointelegraph Consulting Research report will evaluate the strength of in-game economies, the GameFi industry’s future challenges and potential ways to overcome them. The report dives …

Bitcoin is for everyone. That includes teenagers, children, toddlers and even newborns. When these kids grow up, they’ll use the Bitcoin (BTC) protocol, so it “makes sense to start to integrate Bitcoin into learning as early as possible.” At least, that’s according to Scott Sibley, one-half of the couple behind the creation of the Shamory Bitcoin game and the ‘Goodnight Bitcoin’ children’s bedtime book. He joins a growing list of Bitcoin children’s book authors who care deeply about educating children on Bitcoin and money. Sibley and his wife are firm believers that “kids can learn much faster, and earlier than …

With an always-on presence, a lack of regulation and unpredictable volatility, the crypto market isn’t an easy one to break into. New traders are often overwhelmed at everything presented to them and are easy prey for well-designed scams and rug pulls. That said, it’s possible to learn the market and approach trading in a knowledgeable way, but a lot of that knowledge comes with experience. And that experience is only gained by losing money. At least, that’s how it feels in the crypto space. However, one startup, Ninja Fantasy Trader, is aiming to fix that issue, creating a safe space …

“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which Terra-based coins you should be looking out for in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which Terra-based coin has the most explosive potential. Will it be Bourgi’s pick of StarTerra, …

The Sandbox metaverse game owned by NFT investment giant Animoca Brands has surpassed 2 million registered users amid its play-to-earn season 2 alpha launch. The crypto game backed by NFTs and its native SAND token has been in the works for roughly four years, and the latest preview into the game comes just a couple of months after its long-awaited season 1 alpha launch in late November. Season 2 officially went live earlier today and any user is able to freely explore 35 different virtual experiences including a sneak peek of the “Snoopverse” in partnership with popular rapper and new-found …

According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million. Vaynerchuck’s wallet holds the lion's share of the value with $81.89 million at the time of writing. His holdings include multiple NFTs from top collections such as CryptoPunks (he owns a whopping 60 in total), the Bored Ape Yacht Club and World of Women. Snoop Dogg's is an avid NFT collector and his wallet also holds multiple CryptoPunks, Meebits and Fidenza NFTs, with his most expensive NFT CryptoPunk #3831 worth $2.57 million at current prices. …

“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which DAO has the most potential. Will it be Bourgi’s pick of MonkeDAO, with its …

The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth and, currently, metaverses and Web3 are the technologies making the digital space light up. It is not yet clear where these disruptive technologies will lead us, but we are sure that there will be much value up for grabs. At the convergence of Web3 and NFTs lie many platforms looking …

ourtesy of Kat Taylor Cattytay, digital fashion appeared in 2017. However, we began to talk loudly about it only in 2020. It all began five years ago when Kat first made an Instagram post with the caption “Virtual Clothing!!!” Then, there was a collaboration with Adidas, Off-White, Vetements and Balenciaga. These brands were interested in introducing fashion digitalization even before it blew up in the mass media discourse. Note that the COVID-19 pandemic had yet to happen and people were not stuck at home. Thus, there was no need for digital clothing at all. Nevertheless, it happened and fashion digitalization …

Cryptocurrency gaming has already changed the public perception of the industry, from one that was built on the foundations of fun to an opportunity for earning. Unfortunately, much of the potential is still limited due to the high barriers for new players. Among these are the perceived knowledge gap required to participate in the cryptocurrency industry, associated wallets and navigating unknown platforms. On the other side, players looking at testing a new gameplay model have found themselves discouraged by the initial costs to begin. The result is that a decentralized world designed for the population at large is being skewed …