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Showing posts from March, 2023

Is Bitcoin a Good Investment?

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Do you feel like the world’s moving faster and faster every day? It certainly feels that way at times! What some people may not realize is that this isn’t just a feeling — market trends, fluctuating currency values and new opportunities in technology mean that keeping up with investment news has never been more essential. And one of those trends making waves right now is…you guessed it: Bitcoin. If you’ve heard of this mysterious form of digital currency but aren’t really sure what all the buzz is about, then today we’ll be taking a deep dive into the exciting (and possibly profitable) world of cryptocurrency trading — starting with answering the burning question on everyone’s minds: Is Bitcoin a good investment? While volatile price swings place Bitcoin as a risky investment, its macro price trend since its inception remains in an uptrend. Bitcoin can be a good investment as long as smart investing through research is used alongside effective risk management. What Is Bitcoin and What ...

Custodial vs non-custodial NFT marketplaces and wallets

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  Custodial vs. non-custodial NFT marketplaces and wallets. The popularity of the Decentralized ecosystem is growing all around. NFTs are becoming increasingly popular among crowds for their efficiency. After buying NFTs, you can trade, sell or hold onto these assets. As NFTs are something new, there are multiple questions regarding them. NFTs are proof of ownership, but when created or bought, who has control over it? This is further discussed in this article. According to the dictionary, Custody means care or guardianship of someone or something. Custody in the Crypto world means Custody of the wallet holding and assets. You can control your crypto assets and wallet completely or let a trusted company have Custody of it. Before discussing Custodial and Non-Custodial wallets, let us discuss what a crypto wallet is. Crypto wallet Just like other wallets but store Cryptocurrencies. A crypto wallet helps hold created, purchased, and traded NFTs and Crypto assets. From making transact...

The Top NFT Marketplaces [2023]

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  NFTs have exploded into the limelight since the 2021 bull market. Projects like the Bored Ape Yacht Club and Crypto Punks collection influenced the surge in popularity of this asset class. NFTs represent a paradigm shift in the way individuals authenticate assets. Numerous NFT marketplaces have emerged in response to the increase in demand for these digital assets. These marketplaces are the stepping stones to the world of NFTs. Marketplaces offer a platform for creators to showcase their artistry while serving as the preliminary step for collectors looking to buy and sell digital assets. Dedicated marketplaces like OpenSea, Blur, Rarible, SuperRare, and Nifty Gateway are among the most popular platforms to trade NFTs. Centralized cryptocurrency exchanges like Binance and Coinbase, each of which has its own platform for trading NFTs, are other top NFT marketplaces. NFT Marketplaces Explained Understanding how these platforms work is essential before exploring the top NFT marketpl...

Blockchain Crypto Web3 Information Provider - Droom Droom

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  DroomDroom is set out to make Web3 mainstream by creating a fountainhead for the latest news, views, and ideas. A place where people of Web3 converge. DroomDroom believes that even though interest in blockchain continues to grow at a rapid rate, to become truly mainstream, it’s imperative that we make it more relatable to people. Twitter   Facebook   Youtube   Telegram   Linkedin   Instagram   Rss   For daily Updates visit our website:  DroomDroom