Smart Contracts

Every profession is a conspiracy against the laity, and the world of crypto is no exception. It is in that spirit, I offer this glossary of terms that will make you sound as if you are completely informed and up-to-date when discussing your next crypto project. Continue Reading →

Crypto prices and NFTs are hogging the headlines, but they are just the most visible components of a rapidly growing decentralized financial system (DeFi) that has the potential to significantly challenge how we buy, sell, and trade just about everything. Blockchain and cryptocurrency may seem like a new thing, but they have been around for over 10 years. The problem is that the world of crypto can be very confusing with all the jargon, acronyms, and other unfamiliar words. This brief overview will introduce you to some of the basic areas through a series of links to the most prominent organizations, platforms, and toolsets. Continue Reading →

Are we about to see an explosion of competitive blockchains vying for your NFT projects? I can almost guarantee it. Continue Reading →

From a financial perspective, the pandemic has hit the creator class hard. With the usual venues for live performances and exhibitions closed, artists, musicians, singers, actors, and creators of every description have been forced to fend for themselves. But something very new, and kind of amazing, has happened over the past year. The result may be the emergence of a first-time-ever, self-sufficient, profitable creator class. Continue Reading →

Someone very rich (or dangerously insane) just spent more than $500,000 to purchase an NFT of a virtual home. "Mars House" is a piece of digital artwork by Techism artist Krista Kim. Continue Reading →

Twitter CEO Jack Dorsey sold an NFT of his first tweet for more than $2.9 million. Wait, what? He sold a tweet? Yes, but the 15-year-old post was sold as an NFT (non-fungible token): a digital certificate of authenticity that confirms this particular digital file is the one the buyer paid for. Continue Reading →

Are you ready to bid on your first non-fungible token? Welcome to the world of crypto collectibles, where you can purchase a piece of unique, digital content that is guaranteed to be authentic and, theoretically, can't be duplicated. Continue Reading →

A smart contract is just like an old-fashioned verbal or paper contract except with a smart contract, the conditions can be met digitally. Smart contracts are not new, but they are newly relevant (and a bit overhyped) because they are an awesome, non-cryptocurrency use of blockchain technology. Continue Reading →

Blockchain is the underlying technology that powers bitcoin, altcoins (other cryptocurrencies), NFTs, smart contracts and DAOs. Distributed ledgers, the term of art for blockchain’s underlying technology, offer a way to transact business without relying on a central authority. Here’s a nontechnical, simplified description of the component parts. Continue Reading →