NFTs in a Nutshell
According to CNBC, the trading of NFTs increased to more than USD $17 billion in 2021. NFTs have grabbed people’s attention, with more headlines in the mainstream media and celebrities and large companies endorsing them. In this article, brought to you by TokenMason, we uncover what NFTs are, how they work and how to access […]
How to launch an ICO?
What is an Initial Coin Offering? An Initial Coin Offering (also known an ICO) is a type of funding using cryptocurrencies. In an ICO, new tokens are sold to investors in exchange for existing cryptocurrency. These new tokens are promoted as future functional units of currency after the ICO project is completed. An ICO can […]
What is a DEX? Decentralized Exchanges Explained – Part 1
So you’ve been doing some research on cryptocurrencies and blockchain technology and come across the acronym “DEX”. What in the world is a decentralized exchange and how does it stack up to a centralized exchange? In this blog, brought to you by TokenMason we discuss what a DEX is, how it works and the benefits […]
What is DeFi?
According to DeFi Pulse, the value of cryptocurrency held in Decentralized Finance (DeFi) projects, measured by total value locked or T.V.L. was over USD $80 billion as at 31 March 2022. Investment in DeFi is growing at an exponential rate, with DeFi technology promising new and innovative opportunities for the digital economy. In this TokenMason […]
DAO Part 1 – What Is a DAO?
DAO stands for a ‘decentralized autonomous organisation’, which is the term ascribed for a group of people agreed to abide by a string of rules for a common objective. The rules are converted into the code (charter) of the organisation via smart contracts which are algorithms that execute when the criteria are met. In this […]
Cryptocurrencies – Part 1
In this blog, brought to you by TokenMason we discuss what cryptocurrencies are, how they can be transacted using blockchain technology and discuss the two main cryptocurrencies in circulation and by market-cap, which are Bitcoin and Ethereum. What are Cryptocurrencies? Cryptocurrencies are digital currencies that are secured by cryptography using blockchain technology. Cryptocurrencies are based […]