Binance Square
OpenSea
1M visualizações
1,414 Publicações
Popular
Mais recente
LIVE
LIVE
MetaversePost
--
Toikido To Launch Bad Egg Co. Digital Collectible In Collaboration With OpenSea On June 20 Digital entertainment enterprise Toikido disclosed its plans to introduce the Bad Egg Co. digital collectible. The launch of this collection is scheduled for June 20th, with a variety of items set to be minted on the Ethereum blockchain. Nestled within the Sunnyside borough of “New Yolk City”, Bad Egg Co. emerges as a brand entrenched in the skateboarding culture, embodying a rebellious ethos coupled with a sense of exploration and community. This collection introduces a range of characters, each characterized by their distinct personalities and styles. Within the Bad Egg Co., the “One of Ones” stands out as a highly sought-after items – a set of 12 digital collectibles, each possessing distinctive traits exclusive to itself. These rare eggs boast unique illustrated backgrounds, elevating their worth and rarity to the highest degree, thus making them the most coveted pieces within the collection. To facilitate the release of this collection, Toikido has forged a partnership with the non-fungible token (NFT) marketplace OpenSea.  “We’re thrilled to partner with Toikido to help bring Bad Egg Co. to life on the blockchain,” said Will Brooke, Director of Business Development at OpenSea, in a written statement. “Their impressive credentials across games and physical products are evident, and we’re excited to see how they embrace NFTs to build a lasting brand,” she added. Additionally, the firm has engaged in collaborations with prominent intellectual property (IP) creators, such as Toikido investor GaryVee’s VeeFriends aiming to offer an exceptional experience for digital collectors. “We’re delighted to partner with OpenSea and collaborate with industry leaders to bring our amazing Bad Egg Co. IP to Web3,” said Darran Garnham, founder and CEO of Toikido, in a written statement. “Through this initiative, we aim to provide fans with an immersive and engaging experience that combines cutting-edge technology with creative storytelling, paving the way for our exciting future plans,” he added. The company highlighted that this digital collection marks merely the initial phase. The endeavor is progressing toward becoming a comprehensive global franchise, with intentions to incorporate toys, licensing, music, and animation, aiming to innovate within the entertainment industry. Toikido Launches Piñata Smashlings Game, Unveils Plans For Animated Series With Nelvana Toikido is an entertainment enterprise specializing in crafting toys and merchandise for emerging digital brands. The company’s games have been downloaded more than 4 billion times, and its studio has facilitated the sale of over 1 billion toys. Last year, Toikido unveiled the Piñata Smashlings game, earning a coveted spot on Walmart’s esteemed 2023 “Top Toy List.” Furthermore, within the sports domain, Toikido introduced Albärt, the official mascot for UEFA’s European Championships in Germany. Detailing further plans, the company intends to debut the Piñata Smashlings animated series, with the prominent animation studio Nelvana leading the production. The post Toikido To Launch Bad Egg Co. Digital Collectible In Collaboration With OpenSea On June 20  appeared first on Metaverse Post.

Toikido To Launch Bad Egg Co. Digital Collectible In Collaboration With OpenSea On June 20 

Digital entertainment enterprise Toikido disclosed its plans to introduce the Bad Egg Co. digital collectible. The launch of this collection is scheduled for June 20th, with a variety of items set to be minted on the Ethereum blockchain.

Nestled within the Sunnyside borough of “New Yolk City”, Bad Egg Co. emerges as a brand entrenched in the skateboarding culture, embodying a rebellious ethos coupled with a sense of exploration and community. This collection introduces a range of characters, each characterized by their distinct personalities and styles.

Within the Bad Egg Co., the “One of Ones” stands out as a highly sought-after items – a set of 12 digital collectibles, each possessing distinctive traits exclusive to itself. These rare eggs boast unique illustrated backgrounds, elevating their worth and rarity to the highest degree, thus making them the most coveted pieces within the collection.

To facilitate the release of this collection, Toikido has forged a partnership with the non-fungible token (NFT) marketplace OpenSea. 

“We’re thrilled to partner with Toikido to help bring Bad Egg Co. to life on the blockchain,” said Will Brooke, Director of Business Development at OpenSea, in a written statement. “Their impressive credentials across games and physical products are evident, and we’re excited to see how they embrace NFTs to build a lasting brand,” she added.

Additionally, the firm has engaged in collaborations with prominent intellectual property (IP) creators, such as Toikido investor GaryVee’s VeeFriends aiming to offer an exceptional experience for digital collectors.

“We’re delighted to partner with OpenSea and collaborate with industry leaders to bring our amazing Bad Egg Co. IP to Web3,” said Darran Garnham, founder and CEO of Toikido, in a written statement. “Through this initiative, we aim to provide fans with an immersive and engaging experience that combines cutting-edge technology with creative storytelling, paving the way for our exciting future plans,” he added.

The company highlighted that this digital collection marks merely the initial phase. The endeavor is progressing toward becoming a comprehensive global franchise, with intentions to incorporate toys, licensing, music, and animation, aiming to innovate within the entertainment industry.

Toikido Launches Piñata Smashlings Game, Unveils Plans For Animated Series With Nelvana

Toikido is an entertainment enterprise specializing in crafting toys and merchandise for emerging digital brands. The company’s games have been downloaded more than 4 billion times, and its studio has facilitated the sale of over 1 billion toys.

Last year, Toikido unveiled the Piñata Smashlings game, earning a coveted spot on Walmart’s esteemed 2023 “Top Toy List.” Furthermore, within the sports domain, Toikido introduced Albärt, the official mascot for UEFA’s European Championships in Germany.

Detailing further plans, the company intends to debut the Piñata Smashlings animated series, with the prominent animation studio Nelvana leading the production.

The post Toikido To Launch Bad Egg Co. Digital Collectible In Collaboration With OpenSea On June 20  appeared first on Metaverse Post.
Aperture Finance Launches Pledge Function With High ReturnsAccording to Odaily, Aperture Finance, an intent-centered solver network, has launched a pledge function that offers a maximum return rate of 50% APR, with 20% in APTR tokens and 30% in USDC. Users who pledge APTR can receive NFTs, which are set to be listed on secondary NFT markets such as Opensea. These NFTs will also be used to unlock other platform features, such as trading fee discounts and early access to new features. For every 1000 APTR tokens pledged, users can receive one NFT. Aperture Finance has reportedly combined AI with Intent to create a new chatbot supported by underlying Intent infrastructure. This chatbot allows users to 'declare their goals' in natural language and leverage the solver network for better execution and pricing.

Aperture Finance Launches Pledge Function With High Returns

According to Odaily, Aperture Finance, an intent-centered solver network, has launched a pledge function that offers a maximum return rate of 50% APR, with 20% in APTR tokens and 30% in USDC. Users who pledge APTR can receive NFTs, which are set to be listed on secondary NFT markets such as Opensea. These NFTs will also be used to unlock other platform features, such as trading fee discounts and early access to new features. For every 1000 APTR tokens pledged, users can receive one NFT.

Aperture Finance has reportedly combined AI with Intent to create a new chatbot supported by underlying Intent infrastructure. This chatbot allows users to 'declare their goals' in natural language and leverage the solver network for better execution and pricing.
🔵Top contracts on @base based on monthly active users. Top 10 applications: 1. @Uniswap 2. @circle 3. @opensea 4. @1inch 5. @odosprotocol 6. @lifiprotocol 7. @0xProject 8. @Dmailofficial 9. @AerodromeFi 10. @SushiSwap
🔵Top contracts on @base based on monthly active users.

Top 10 applications:
1. @Uniswap
2. @circle
3. @opensea
4. @1inch
5. @odosprotocol
6. @lifiprotocol
7. @0xProject
8. @Dmailofficial
9. @AerodromeFi
10. @SushiSwap
Uniswap, Circle, and OpenSea The biggest contributors to @base's MAU growth
Uniswap, Circle, and OpenSea

The biggest contributors to @base's MAU growth
#NFT MARKET OVERVIEW TOP COLLECTION a KID called BEAST V2 - 24H Volume $1.21M TOP SALE Bored Ape Yacht Club #4252 - Price $204.31k TOP MARKETPLACE #OpenSea - 24H Volume $10.95M
#NFT MARKET OVERVIEW

TOP COLLECTION
a KID called BEAST V2 - 24H Volume $1.21M

TOP SALE
Bored Ape Yacht Club #4252 - Price $204.31k

TOP MARKETPLACE
#OpenSea - 24H Volume $10.95M
K-Pop Star G-Dragon To Release “Archive Of PEACEMINUSONE” Collection Of NFTs On OpenSeaIn an exciting development for fans of K-Pop star G-Dragon (Kwon Ji-yong), the South Korean rapper, singer, and songwriter is set to release a series of NFTs on the OpenSea marketplace. The series, called “Archive of PEACEMINUSONE,” will be released on the BNB Chain, and the first phase of the sale will be priced at 0.27 BNB, or roughly $88. G-Dragon, who is also known as the “King of K-pop,” has millions of fans worldwide, and his artistic output has garnered numerous awards and accolades. This latest release is sure to generate considerable interest among his dedicated following, as it offers a unique insight into his personal evolution as an artist and individual. The “Archive of PEACEMINUSONE” series will feature original paintings by G-Dragon, with the first drop, “ARCHIVE 2016,” already available for purchase on OpenSea. The painting is a representation of the identity of PEACEMINUSONE (PMO), the brand created by G-Dragon, and incorporates intimate details of his life and personal evolution. The painting has been a source of inspiration for G-Dragon and is reflected in the product design of PMO. The details of the drops are as follows: March 21st: 13,444 NFTs priced at $88 USD April 22nd: 1,888 NFTs priced at $288 USD April 29th: 654 NFTs priced at $488 USD The mint schedule is as follows: Allowlist Winners Stage: March 22nd at 8:00 AM GMT+7 1st Public Stage: March 22nd at 10:00 AM GMT+7 NFTs are a new and exciting medium for artists and creators to showcase their work, and G-Dragon’s foray into this space is likely to be watched closely by other artists in the K-Pop and broader music industry. The potential for NFTs to offer a new revenue stream and a way for artists to connect with their fans on a deeper level is significant, and this latest development by G-Dragon highlights the growing importance of this technology in the entertainment industry. Fans of G-Dragon and K-Pop enthusiasts will undoubtedly be excited by this latest release, and it will be fascinating to see how the “Archive of PEACEMINUSONE” series is received by the wider art and music community. With the first drop already available for purchase, fans of G-Dragon will want to act quickly to secure a piece of this unique and personal collection. #OpenSea #G-Dragon #NFT #nftcommunity #azcoinnews This article was republished from azcoinnews.com

K-Pop Star G-Dragon To Release “Archive Of PEACEMINUSONE” Collection Of NFTs On OpenSea

In an exciting development for fans of K-Pop star G-Dragon (Kwon Ji-yong), the South Korean rapper, singer, and songwriter is set to release a series of NFTs on the OpenSea marketplace. The series, called “Archive of PEACEMINUSONE,” will be released on the BNB Chain, and the first phase of the sale will be priced at 0.27 BNB, or roughly $88.

G-Dragon, who is also known as the “King of K-pop,” has millions of fans worldwide, and his artistic output has garnered numerous awards and accolades. This latest release is sure to generate considerable interest among his dedicated following, as it offers a unique insight into his personal evolution as an artist and individual.

The “Archive of PEACEMINUSONE” series will feature original paintings by G-Dragon, with the first drop, “ARCHIVE 2016,” already available for purchase on OpenSea. The painting is a representation of the identity of PEACEMINUSONE (PMO), the brand created by G-Dragon, and incorporates intimate details of his life and personal evolution. The painting has been a source of inspiration for G-Dragon and is reflected in the product design of PMO.

The details of the drops are as follows:

March 21st: 13,444 NFTs priced at $88 USD

April 22nd: 1,888 NFTs priced at $288 USD

April 29th: 654 NFTs priced at $488 USD

The mint schedule is as follows:

Allowlist Winners Stage: March 22nd at 8:00 AM GMT+7

1st Public Stage: March 22nd at 10:00 AM GMT+7

NFTs are a new and exciting medium for artists and creators to showcase their work, and G-Dragon’s foray into this space is likely to be watched closely by other artists in the K-Pop and broader music industry. The potential for NFTs to offer a new revenue stream and a way for artists to connect with their fans on a deeper level is significant, and this latest development by G-Dragon highlights the growing importance of this technology in the entertainment industry.

Fans of G-Dragon and K-Pop enthusiasts will undoubtedly be excited by this latest release, and it will be fascinating to see how the “Archive of PEACEMINUSONE” series is received by the wider art and music community. With the first drop already available for purchase, fans of G-Dragon will want to act quickly to secure a piece of this unique and personal collection.

#OpenSea #G-Dragon #NFT #nftcommunity #azcoinnews

This article was republished from azcoinnews.com

A security vulnerability was discovered on #OpenSea , a popular #NFT marketplace, that exposed user email addresses and user IDs. The platform has now fixed the vulnerability and notified affected users to reset their passwords as a precautionary measure. #coingabbar #security
A security vulnerability was discovered on #OpenSea , a popular #NFT marketplace, that exposed user email addresses and user IDs. The platform has now fixed the vulnerability and notified affected users to reset their passwords as a precautionary measure.

#coingabbar #security
LIVE
--
Em Alta
NFT Marketplace Wars: Blur Tells Users to Ban OpenSea.yesterday, #nftfi marketplace #blur  finally allowed users to redeem care packages for $BLUR, the platform’s native token. The event was highly anticipated and resulted in a significant market surge over the last month. Ultimately, the royalties-optional marketplace secured over $430 million in trading volume in the last 30 days. And yesterday, the money continued to flow. The event saw several top traders rake in more than $1 million worth of tokens. According to data from DappRadar, Blur’s 24-hour trading volume was around $9.5 million, making it second only to OpenSea, whose trading volume was approximately $12 million. Now, it seems that Blur is going toe-to-toe with #OpenSea in a new chapter of the Web3 royalty wars. the Blur team told users that they should block #OpenSea’s NFT marketplace. Why? Because creators currently can’t earn full royalties on both Blur and OpenSea. Instead, they need to choose one to earn full royalties on — OpenSea or Blur, but not both. This happens because OpenSea automatically sets royalties to optional when they detect trading on Blur. According to OpenSea, they have this policy to protect both creators and their own bottom line.

NFT Marketplace Wars: Blur Tells Users to Ban OpenSea.

yesterday, #nftfi marketplace #blur  finally allowed users to redeem care packages for $BLUR, the platform’s native token. The event was highly anticipated and resulted in a significant market surge over the last month. Ultimately, the royalties-optional marketplace secured over $430 million in trading volume in the last 30 days. And yesterday, the money continued to flow.

The event saw several top traders rake in more than $1 million worth of tokens. According to data from DappRadar, Blur’s 24-hour trading volume was around $9.5 million, making it second only to OpenSea, whose trading volume was approximately $12 million.

Now, it seems that Blur is going toe-to-toe with #OpenSea in a new chapter of the Web3 royalty wars.

the Blur team told users that they should block #OpenSea’s NFT marketplace. Why? Because creators currently can’t earn full royalties on both Blur and OpenSea. Instead, they need to choose one to earn full royalties on — OpenSea or Blur, but not both.

This happens because OpenSea automatically sets royalties to optional when they detect trading on Blur. According to OpenSea, they have this policy to protect both creators and their own bottom line.
#OpenSea launches #OpenSeaPro , a marketplace for professional #NFT traders. It's a rebrand of #Gem v2 and offers advanced trading tools like "floor sweeping" and gas fee optimization. Zero transaction #fees and available on mobile devices.
#OpenSea launches #OpenSeaPro , a marketplace for professional #NFT traders.

It's a rebrand of #Gem v2 and offers advanced trading tools like "floor sweeping" and gas fee optimization. Zero transaction #fees and available on mobile devices.
Enchanted Creatures Club: Preserving Galapagos' Endemic Species Through NFTsEnchanted Creatures Club's #NFT Collection Sells Out in Three Days, Helping Save Galapagos' Endemic Species The Galapagos Islands in #Ecuador are a natural wonder, with endemic species found nowhere else on Earth. But the delicate ecosystem is under threat, and the Enchanted Creatures Club is stepping in to help. Their unique NFT collection features the beauty and uniqueness of the Galapagos' creatures, with 10,122 Ethereum NFTs showcasing the archipelago's most iconic animals. And the best part? 70% of the royalties from NFT sales go towards supporting Galapagos' conservation efforts, while the remaining 30% will be used to sustain the Enchanted Creatures Club project. The team behind the Enchanted Creatures Club is Ecuadorian and has partnered with the Charles Darwin Foundation to ensure that all funds raised through the NFTs go to the most influential NGOs operating in the area. But Why NFTs? The pandemic hit Galapagos' tourism-dependent economy hard, limiting resources for protection. With this in mind, the Enchanted Creatures Club's project aims to bring more tourists to the archipelago after the pandemic, and support the NGOs operating in the area effectively. To kickstart their mission, the Enchanted Creatures Club offered one free mint of their NFTs per wallet, with additional mints to the same wallet at a fixed price of 0.01 ETH. As stated by the Enchanted Creatures Club team: "Helping Galapagos is priceless, that's why we're doing this." By minting their NFTs, supporters can make a real-world impact by helping to preserve the Galapagos. The Enchanted Creatures Club's innovative approach to raising funds for conservation efforts in the Galapagos has already garnered significant interest and support from the NFT community. Join the movement to save Galapagos' unique and delicate ecosystem with Enchanted Creatures Club's NFT collection. Fully Minted; Floor & Ceiling Prices In OpenSea In just 3 days as per the above-mentioned, ECC sold out and went fully minted. It shows the value and support coming from the owners of the NFTs. A total of 7,645 ECC NFT owners were tallied with 76% of that being unique ones. The floor price listed on #OpenSea is at 0.001 #ETH or roughly $1.76, while the ceiling price is at 1 ETH or with an estimated value of $1,762.48 as of the writing. This news is republished from https://coinaquarium.io/

Enchanted Creatures Club: Preserving Galapagos' Endemic Species Through NFTs

Enchanted Creatures Club's #NFT Collection Sells Out in Three Days, Helping Save Galapagos' Endemic Species

The Galapagos Islands in #Ecuador are a natural wonder, with endemic species found nowhere else on Earth. But the delicate ecosystem is under threat, and the Enchanted Creatures Club is stepping in to help.

Their unique NFT collection features the beauty and uniqueness of the Galapagos' creatures, with 10,122 Ethereum NFTs showcasing the archipelago's most iconic animals. And the best part? 70% of the royalties from NFT sales go towards supporting Galapagos' conservation efforts, while the remaining 30% will be used to sustain the Enchanted Creatures Club project.

The team behind the Enchanted Creatures Club is Ecuadorian and has partnered with the Charles Darwin Foundation to ensure that all funds raised through the NFTs go to the most influential NGOs operating in the area.

But Why NFTs?

The pandemic hit Galapagos' tourism-dependent economy hard, limiting resources for protection. With this in mind, the Enchanted Creatures Club's project aims to bring more tourists to the archipelago after the pandemic, and support the NGOs operating in the area effectively.

To kickstart their mission, the Enchanted Creatures Club offered one free mint of their NFTs per wallet, with additional mints to the same wallet at a fixed price of 0.01 ETH. As stated by the Enchanted Creatures Club team:

"Helping Galapagos is priceless, that's why we're doing this."

By minting their NFTs, supporters can make a real-world impact by helping to preserve the Galapagos. The Enchanted Creatures Club's innovative approach to raising funds for conservation efforts in the Galapagos has already garnered significant interest and support from the NFT community.

Join the movement to save Galapagos' unique and delicate ecosystem with Enchanted Creatures Club's NFT collection.

Fully Minted; Floor & Ceiling Prices In OpenSea

In just 3 days as per the above-mentioned, ECC sold out and went fully minted. It shows the value and support coming from the owners of the NFTs. A total of 7,645 ECC NFT owners were tallied with 76% of that being unique ones. The floor price listed on #OpenSea is at 0.001 #ETH or roughly $1.76, while the ceiling price is at 1 ETH or with an estimated value of $1,762.48 as of the writing.

This news is republished from https://coinaquarium.io/

Understanding Non-Fungible Tokens (NFTs) and How They are Revolutionizing the Art WorldNon-Fungible Tokens (NFTs) have taken the world by storm in recent years, especially in the art world. #NFTs are unique digital assets that are stored on blockchain networks, making them secure, transparent and unchangeable. In this article, we will explore what NFTs are, how they work, and how they are revolutionizing the art world. What are NFTs? Non-Fungible Tokens (NFTs) are unique digital assets that are stored on blockchain networks. They are non-interchangeable and have specific characteristics that set them apart from each other. Unlike cryptocurrencies such as #bitcoin or #Ethereum which are fungible and interchangeable, each NFT is unique and represents a specific asset or piece of digital content. NFTs can represent anything digital, including art, music, videos, games and more. They are often used in the art world as a way for artists to sell their work as a unique digital asset that cannot be replicated or duplicated. How do NFTs work? NFTs work similarly to other cryptocurrencies, such as Bitcoin or Ethereum, but with some key differences. Each NFT is unique and has its own metadata, such as the name of the artist, the title of the work, and the date it was created. This metadata is stored on the blockchain, making it secure, transparent, and unchangeable. NFTs are bought and sold on specialized online marketplaces, such as #OpenSea or SuperRare where buyers can bid on or purchase specific NFTs. Once an NFT is sold, the transaction is recorded on the #blockchain and the buyer becomes the new owner of the unique digital asset. How are NFTs revolutionizing the art world? NFTs are revolutionizing the art world by offering artists a new way to monetize their work. Traditional art sales often require intermediaries such as galleries or auction houses, which take a percentage of the sale price. With NFTs, artists can sell their work directly to buyers, eliminating intermediaries and potentially earning more money. NFTs also offer artists greater control over their work. By creating a unique digital asset, artists can ensure that their work is not replicated or duplicated without their permission. NFTs also allow for greater transparency in the art world, as each transaction is recorded on the blockchain, making it publicly accessible and auditable. In conclusion, NFTs are unique digital assets that are stored on blockchain networks, offering artists a new way to monetize and protect their work. With the rise of NFT marketplaces and increasing interest in digital art, it is clear that NFTs are revolutionizing the art world and changing the way we think about digital ownership.

Understanding Non-Fungible Tokens (NFTs) and How They are Revolutionizing the Art World

Non-Fungible Tokens (NFTs) have taken the world by storm in recent years, especially in the art world. #NFTs are unique digital assets that are stored on blockchain networks, making them secure, transparent and unchangeable. In this article, we will explore what NFTs are, how they work, and how they are revolutionizing the art world.



What are NFTs?



Non-Fungible Tokens (NFTs) are unique digital assets that are stored on blockchain networks. They are non-interchangeable and have specific characteristics that set them apart from each other. Unlike cryptocurrencies such as #bitcoin or #Ethereum which are fungible and interchangeable, each NFT is unique and represents a specific asset or piece of digital content.



NFTs can represent anything digital, including art, music, videos, games and more. They are often used in the art world as a way for artists to sell their work as a unique digital asset that cannot be replicated or duplicated.



How do NFTs work?



NFTs work similarly to other cryptocurrencies, such as Bitcoin or Ethereum, but with some key differences. Each NFT is unique and has its own metadata, such as the name of the artist, the title of the work, and the date it was created. This metadata is stored on the blockchain, making it secure, transparent, and unchangeable.



NFTs are bought and sold on specialized online marketplaces, such as #OpenSea or SuperRare where buyers can bid on or purchase specific NFTs. Once an NFT is sold, the transaction is recorded on the #blockchain and the buyer becomes the new owner of the unique digital asset.



How are NFTs revolutionizing the art world?



NFTs are revolutionizing the art world by offering artists a new way to monetize their work. Traditional art sales often require intermediaries such as galleries or auction houses, which take a percentage of the sale price. With NFTs, artists can sell their work directly to buyers, eliminating intermediaries and potentially earning more money.



NFTs also offer artists greater control over their work. By creating a unique digital asset, artists can ensure that their work is not replicated or duplicated without their permission. NFTs also allow for greater transparency in the art world, as each transaction is recorded on the blockchain, making it publicly accessible and auditable.



In conclusion, NFTs are unique digital assets that are stored on blockchain networks, offering artists a new way to monetize and protect their work. With the rise of NFT marketplaces and increasing interest in digital art, it is clear that NFTs are revolutionizing the art world and changing the way we think about digital ownership.
Explained: Ethereum Name Service (Must Read.....)The Ethereum Name Service (ENS) is a #decentralized naming system built on the #Ethereum blockchain. ENS allows users to register human-readable domain names, such as "myname.eth," and associate them with Ethereum addresses, smart contracts, and other resources on the Ethereum network. In this article, we will explore the Ethereum Name Service and its key features, use cases, and benefits. How ENS Works ENS works by mapping human-readable domain names to Ethereum addresses or other resources on the Ethereum network. To register a domain name on ENS, users need to follow a simple process. First, they need to download an ENS-compatible wallet such as #MetaMask or MyEtherWallet. Then, they need to search for the domain name they want to register on an ENS registrar website, such as ENS.domains or #OpenSea . If the domain name is available, they can bid on it using Ether (ETH), the native cryptocurrency of the Ethereum network. The highest bidder gets the domain name, and the winning bid is locked in a smart contract for a specified period. Once the domain name is registered, users can associate it with an Ethereum address, smart contract, or other resources on the Ethereum network. Key Features of ENS ENS offers several key features that make it a powerful tool for Ethereum users. Some of these features include: Decentralization: ENS is a decentralized naming system that is built on the Ethereum #blockchain . This means that it is not controlled by any centralized authority or organization, and no single entity can manipulate or censor the system. Human-Readable Domain Names: ENS allows users to register human-readable domain names, such as "myname.eth," which are easier to remember and use than complex Ethereum addresses. Interoperability: ENS is interoperable with other decentralized applications and protocols on the Ethereum network, such as decentralized exchanges, wallets, and social networks. Security: ENS is secured by the Ethereum blockchain, which is one of the most secure and robust blockchain networks in the world. This makes it virtually impossible for anyone to tamper with the system or steal users' domain names or associated resources. Use Cases of ENS ENS has several use cases in the Ethereum ecosystem. Some of these use cases include: Domain Name Registration: ENS allows users to register domain names on the Ethereum network, which can be used to represent their Ethereum addresses, smart contracts, or other resources. Identity Verification: ENS can be used for identity verification on the Ethereum network. By associating a domain name with an Ethereum address, users can prove their ownership of that address and establish a verifiable identity on the network. Decentralized Websites: ENS can be used to create decentralized websites on the Ethereum network. By associating a domain name with a decentralized storage platform, such as IPFS, users can create censorship-resistant websites that are not dependent on any centralized hosting service. Decentralized Applications: ENS can be used to create decentralized applications on the Ethereum network. By associating a domain name with a smart contract, users can create user-friendly interfaces for their dApps that are accessible through a simple domain name. Benefits of ENS ENS offers several benefits to Ethereum users. Some of these benefits include: User-Friendly: ENS makes it easier for users to interact with the Ethereum network by providing human-readable domain names that are easier to remember and use than complex Ethereum addresses. Cost-Effective: ENS domain names are relatively inexpensive to register, making it a cost-effective way for users to represent their Ethereum addresses or other resources on the network. Censorship-Resistant: ENS is a decentralized naming system that is not controlled by any centralized authorityor organization. This makes it resistant to censorship and manipulation, ensuring that users' domain names and associated resources remain accessible and secure.or organization. This makes it resistant to censorship and manipulation, ensuring that users' domain names and associated resources remain accessible and secure. Interoperable: ENS is interoperable with other decentralized applications and protocols on the Ethereum network. This means that users can use their ENS domain names to access and interact with a wide range of decentralized services and applications on the network. Conclusion The Ethereum Name Service is a decentralized naming system built on the Ethereum blockchain. It allows users to register human-readable domain names and associate them with Ethereum addresses, smart contracts, and other resources on the network. ENS offers several key features, including decentralization, human-readable domain names, interoperability, and security. It has several use cases in the Ethereum ecosystem, including domain name registration, identity verification, decentralized websites, and decentralized applications. ENS offers several benefits to Ethereum users, including user-friendliness, cost-effectiveness, censorship-resistance, and interoperability. Overall, ENS is a powerful tool that enhances the usability and accessibility of the Ethereum network and helps to create a more decentralized and secure web.

Explained: Ethereum Name Service (Must Read.....)

The Ethereum Name Service (ENS) is a #decentralized naming system built on the #Ethereum blockchain. ENS allows users to register human-readable domain names, such as "myname.eth," and associate them with Ethereum addresses, smart contracts, and other resources on the Ethereum network. In this article, we will explore the Ethereum Name Service and its key features, use cases, and benefits.

How ENS Works

ENS works by mapping human-readable domain names to Ethereum addresses or other resources on the Ethereum network. To register a domain name on ENS, users need to follow a simple process. First, they need to download an ENS-compatible wallet such as #MetaMask or MyEtherWallet. Then, they need to search for the domain name they want to register on an ENS registrar website, such as ENS.domains or #OpenSea . If the domain name is available, they can bid on it using Ether (ETH), the native cryptocurrency of the Ethereum network. The highest bidder gets the domain name, and the winning bid is locked in a smart contract for a specified period. Once the domain name is registered, users can associate it with an Ethereum address, smart contract, or other resources on the Ethereum network.

Key Features of ENS

ENS offers several key features that make it a powerful tool for Ethereum users. Some of these features include:

Decentralization: ENS is a decentralized naming system that is built on the Ethereum #blockchain . This means that it is not controlled by any centralized authority or organization, and no single entity can manipulate or censor the system.

Human-Readable Domain Names: ENS allows users to register human-readable domain names, such as "myname.eth," which are easier to remember and use than complex Ethereum addresses.

Interoperability: ENS is interoperable with other decentralized applications and protocols on the Ethereum network, such as decentralized exchanges, wallets, and social networks.

Security: ENS is secured by the Ethereum blockchain, which is one of the most secure and robust blockchain networks in the world. This makes it virtually impossible for anyone to tamper with the system or steal users' domain names or associated resources.

Use Cases of ENS

ENS has several use cases in the Ethereum ecosystem. Some of these use cases include:

Domain Name Registration: ENS allows users to register domain names on the Ethereum network, which can be used to represent their Ethereum addresses, smart contracts, or other resources.

Identity Verification: ENS can be used for identity verification on the Ethereum network. By associating a domain name with an Ethereum address, users can prove their ownership of that address and establish a verifiable identity on the network.

Decentralized Websites: ENS can be used to create decentralized websites on the Ethereum network. By associating a domain name with a decentralized storage platform, such as IPFS, users can create censorship-resistant websites that are not dependent on any centralized hosting service.

Decentralized Applications: ENS can be used to create decentralized applications on the Ethereum network. By associating a domain name with a smart contract, users can create user-friendly interfaces for their dApps that are accessible through a simple domain name.

Benefits of ENS

ENS offers several benefits to Ethereum users. Some of these benefits include:

User-Friendly: ENS makes it easier for users to interact with the Ethereum network by providing human-readable domain names that are easier to remember and use than complex Ethereum addresses.

Cost-Effective: ENS domain names are relatively inexpensive to register, making it a cost-effective way for users to represent their Ethereum addresses or other resources on the network.

Censorship-Resistant: ENS is a decentralized naming system that is not controlled by any centralized authorityor organization. This makes it resistant to censorship and manipulation, ensuring that users' domain names and associated resources remain accessible and secure.or organization. This makes it resistant to censorship and manipulation, ensuring that users' domain names and associated resources remain accessible and secure.

Interoperable: ENS is interoperable with other decentralized applications and protocols on the Ethereum network. This means that users can use their ENS domain names to access and interact with a wide range of decentralized services and applications on the network.

Conclusion

The Ethereum Name Service is a decentralized naming system built on the Ethereum blockchain. It allows users to register human-readable domain names and associate them with Ethereum addresses, smart contracts, and other resources on the network. ENS offers several key features, including decentralization, human-readable domain names, interoperability, and security. It has several use cases in the Ethereum ecosystem, including domain name registration, identity verification, decentralized websites, and decentralized applications. ENS offers several benefits to Ethereum users, including user-friendliness, cost-effectiveness, censorship-resistance, and interoperability. Overall, ENS is a powerful tool that enhances the usability and accessibility of the Ethereum network and helps to create a more decentralized and secure web.
Fica a saber as últimas notícias sobre criptomoedas
⚡️ Participa nas mais recentes discussões sobre criptomoedas
💬 Interage com os teus criadores preferidos
👍 Desfruta de conteúdos que sejam do teu interesse
E-mail/Número de telefone