ResearchAmazon NFTSeveral sources familiar with Amazon’s plans have stated that the e-commerce giant reportedly plans to launch a non-fungible token (NFT) initiative in the spring. The company has allegedly been exploring launching a digital assets enterprise across its primary platform, not via Amazon Web Services (AWS).Mastercard PassMastercard, one of the biggest financial payments providers in the world, is launching a web3-focused incubator to help artists connect with fans through a new medium, the company shared at CES 2023 on Friday.
DecentralandMetaverse crypto assets have outperformed both bitcoin (BTC) and ethereum (ETH), the leading crypto asset and top smart contract token, respectively. In the past month, Decentraland’s MANA token has been the top performer, rising 150% against the U.S. dollar.
ETH and Digital IDThe rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with millions of blockchain-based domains registered to date. Challenging market conditions may have hampered exponential growth, but industry leaders believe that utility-driven adoption will continue in the future.Arbitrum - Chekout our Guide!One of the hottest layer 2 solutions built on the Ethereum network is Arbitrum. Arbitrum provides scaling to the Ethereum network by utilizing optimistic rollups. Optimistic rollups are much more efficient than Ethereum's layer 1 transactions which results in a fraction of the fees and costs associated with transacting on Arbitrum vs Ethereum high gas fees. Arbitrum being a layer 2 on Ethereum means they utilize Ethereum’s secure network in order to not compromise on security.
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How Amazon could break the NFT Internet