Crypto Monk @Crypto__monk_
If you want to know more about Cryptocurrencies, then join us - https://t.co/m6uYkEErXb Joined December 2021-
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11. Final thoughts: Free NFT games are definitely worth giving a shot, but the earning won't always be worth it, depending on the game tokenomics and other factors. As an alternative, you can always get a scholarship at Axie Infinity although it takes some effort and time.
10. Coin Hunt World is currently available in limited countries: US, Canada, EI Salvador, and the UK. Coming soon in Philippines as well. Also for now only Android devices have access to the game. IOS users have to subscribe to get a waitlist.
What do you think?🤔
13. L2 scaling solutions are off-chain, so they handle transactions separately from the Ethereum blockchain. The transactions occur off-chain and then are verified by the Ethereum network and recorded on-chain. These transactions require less gas and hence are cheaper.
12. Alternatively, you can use L2 scaling solution to pay less gas fees. Scaling tools are extensions of the Ethereum network that aim to increase the speed of transactions and the number of transactions that can be processed per second. Some examples: Arbitrum, Loopring, dYdX.
14. And lastly, Solana, unlike Ethereum, doesn't charge you with high fees and is generally quicker. Some people prefer it purely for this reason. Even Galaxy Guild couldn't resist such a temptation... Anyway, we hope you enjoyed this thread! Drop your thoughts/questions⬇️🤓
7. To conclude, NFT space has a huge potential to change our future, but while we're adjusting to it, it's important to take the necessary steps to protect yourself from those who abuse it. Always read what you sign, this rule works irl too! Stay safe🔐
6.The safest marketplaces are considered to be Opensea, Axie, and Rarible. However, even these are not 100% protected from hacks. Just recently, Opensea was hit by a phishing attack and at least 32 users had lost their valuable NFTs worth $1.7 million.
With numerous hacker attacks on NFT marketplaces and community platforms, protecting your digital assets is now more important than ever. We've prepared a checklist on how to minimise the risk of being hacked. Jump on the 🧵for a useful chunk of information⬇️
13. Web 3.0 is still in an ideation stage and there is no proof of concept as such. Even its definition can vary across analysts, researchers, and commentators, indicating its infancy - the Metaverse is developing and already has several platforms available for adoption.
12.Web 3.0 will be created using an entirely open-source codebase, so it won't be possible to attribute the development of Web 3.0 to one person. However, the Metaverse will rely on concerted efforts from a few companies for development, at least at the early stages.
What's Web 3.0? How's it different to Web 1.0 and 2.0? We'll attempt to answer these questions in the thread below. Tune in🤯⬇️
14. Content consumption has always been a passive process, configured and managed by a few large entities, but both Web 3.0 and the Metaverse are built on a blockchain architecture, enabling an unprecedented degree of democratization.
We're smarter than this☝️
What is Metaverse? We bet everyone has their own answer but here's our definition: it's a community-based virtual world of opportunities and innovations that translates its gains into real world through bringing real value to things you own or create✨
FINALLY Blockchain weddings💒 Many have probably thought about it, some may now want to do it, but some have actually done it! Jump on the thread👰🤵
That hugely depends on developers ingenuity though. Smart enough implementation of NFTs and crypto in AAA games would contribute to a massive adoption of P2E 💪🏻
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