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NFTs & Advanced Topics Guides

Explore advanced cryptocurrency concepts including NFTs (non-fungible tokens), staking rewards, liquidity mining, DAOs, and emerging blockchain technologies shaping the future of digital assets.

The Best Way To Invest In Cryptocurrency: Essential Guide
NFTs & Advanced Topics2 min
The Best Way To Invest In Cryptocurrency: Essential Guide

This essential guide outlines how to invest in cryptocurrency, covering key concepts, strategies, and storage options. Learn how to invest in cryptocurrency with this essential guide covering key conc

11/22/2022
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Nova Reyes

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Non-Fungible Tokens (NFTs): A Brief Overview
NFTs & Advanced Topics2 min
Non-Fungible Tokens (NFTs): A Brief Overview

Non-fungible Tokens (NFTs) have gained immense popularity since 2021, transforming digital asset ownership and transactions.

1/24/2022
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Nova Reyes

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NFTs & Advanced Topics FAQ

NFT (Non-Fungible Token) is a unique digital asset verified on a blockchain. Unlike Bitcoin where each coin is identical, each NFT is one-of-a-kind. NFTs represent ownership of digital art, collectibles, music, virtual real estate, and more.
Staking involves locking up your cryptocurrency to support a proof-of-stake network's operations. In return, you earn rewards (similar to interest). Staking helps secure the network and can provide passive income, but your funds are typically locked for a period.
A DAO (Decentralized Autonomous Organization) is an organization governed by smart contracts and token holder votes rather than traditional management. Members propose and vote on decisions, with rules automatically enforced by code. Examples include Uniswap and MakerDAO.
Liquidity mining means providing crypto assets to decentralized exchanges or lending protocols in exchange for rewards. You deposit token pairs into liquidity pools, enabling others to trade, and earn fees plus bonus tokens. Risks include impermanent loss and smart contract exploits.