Non-Fungible Tokens (NFTs) emerged as a ground-breaking concept in the blockchain realm around 2017.
They are unique digital assets representing ownership and authenticity of various digital and physical items, including art, music, collectibles, and virtual real estate. NFTs gained significant traction in 2020 and early 2021, riding a wave of enthusiasm fuelled by high-profile sales and endorsements from artists and celebrities.
The technology’s core principle, using blockchain to establish ownership, appealed to creators seeking new ways to monetise digital creations in a world where copying and sharing were prevalent.
This led to headline-grabbing sales, like Beeple’s artwork selling for $69 million and Jack Dorsey’s first tweet for $2.9 million. At its peak, an NFT…
The history of cryptocurrency can be traced back to 2009 when Bitcoin, the first decentralised digital currency, was introduced by the elusive Satoshi Nakamoto.
Bitcoin’s innovative blockchain technology, which ensured secure and transparent transactions without the need for intermediaries, laid the foundation for a new era of financial possibilities.
Following Bitcoin’s success, a number of alternative cryptocurrencies, or altcoins, emerged, each with unique features and goals. Ethereum, introduced in 2015, expanded the concept by introducing smart contracts, enabling programmable and decentralised applications to be built on its platform.
Over the years, the crypto market experienced extreme volatility, with rapid price surges and crashes, attracting both enthusiastic…
In the mid 1990s, the internet had no Facebook, Google or even Wikipedia. If you wanted to use the web to promote your business, share important local information with the rest of the world, or even tell your friends about your recent adventures, you’d need to create your own website.
Most people could learn the basics of HTML coding within a few hours, and starting around 1994, others could use WYSIWYG (what-you-see-is-what-you-get) apps like Adobe PageMill. At one point, even web browsers came bundled with basic website creation tools.
But then the problem was hosting your site online. Servers cost money (especially back then) and not everyone wanted to pay for that service, or could pay for it, if they were teenagers or college students. Enter GeoCities, which started…
