If you have been paying some attention to the developments in the blockchain/cryptocurrency sphere, you may have come across the term “airdrops” and you may be wondering what airdrops are? Why are they used? What are the benefits or drawbacks airdrops may have? Read on and get the answers to…

Digital cryptocurrencies are poised to be a major competitor to traditional fiat currencies in the coming years. Built on decentralized ledger technology, cryptos offer a variety of benefits that make them rather more appealing than physical currencies. They are secure, private, facilitate quick and easy transfer of funds, and are…

More than a decade after Bitcoin was first introduced, cryptocurrencies have attracted millions of users, and the crypto market is today worth billions. Even though the recent crypto winter cost the cryptocurrency market a whopping 2 trillion in value and cryptos have experienced a bear trend since mid-August, investor interest…

For the entirety of the cryptocurrency market’s history, Bitcoin has been the largest crypto currency with Ethereum trailing behind it by a wide margin. By the end of 2021, Bitcoin had over 180 million users worldwide while Ethereum peaked at one million active addresses per day in April 2019. But…

IMMEDIATE RELEASE — Global 27th September 2022 — Fomo Lab, the market leading Metaverse architects, intellectual property specialist and creation studio has today announced the launch of the long awaited $FOMO token which will go live on the Ethereum mainnet. In just under a year and a half, Fomo Lab has established itself as the bridge between the…

Web3 refers to the next era of the internet, an era where power and control are taken from centralized tech companies and given to the users via decentralized blockchain technology. Also referred to as Web 3.0 or Web 3, the next iteration of the web will be designed on decentralized…

Web3 is a moniker for the next generation of the internet, first coined in 2014 by Gavin Wood, the co-founder of Ethereum. It began gaining momentum in 2021 among large tech companies, venture capital firms, and crypto enthusiasts as they saw the benefits of integrating blockchain technology into their systems…

Web3, which is slated to be the next iteration of the web, will be built on decentralized blockchain technology. By eschewing centralization, blockchain will grant Web3 significantly enhanced security, privacy, speed, and efficiency. It will also allow Web3 to function without the centralized organizations that currently control most of the…

2021 was a good year for cryptocurrencies. Although Bitcoin only managed to return 58.9%, the crypto market boomed in 2021, growing by a whopping 187.5%, and many of the top coins in the market offered up to five-digit percentage returns. For starters, Solana went up by 11,000% and Ethereum (ETH)…