What Is DeFi? – Web3 Jargon Busting
DeFi – short for decentralized finance – is an umbrella term that refers to blockchain-powered financial services. DeFi supports everything conventional banks do. You can borrow money, invest, earn interest,
What Is Yield Farming? – Web3 Jargon Busting
Yield farming is a DeFi (decentralised finance) investment strategy. Think of it as something similar to earning interest from a bank. In the case of crypto yield farming, however, token holders lend and borrow crypto an
What is Ethereum? – Web3 Jargon Busting
People often wonder what Ethereum is and how it works. Ethereum is the most promising technology for the future of business and internet startups. It was developed to become the new standard for blockchain, with a focus
What Is A Crypto Wallet? – Web3 Jargon Busting
A crypto wallet is where you keep your private keys – i.e. the passwords that give you access to your crypto – stored in an accessible and secure way. Think of your cryptocurrency wallet as the crypto-equival
What Is Cryptocurrency? – Web3 Jargon Busting
Cryptocurrency, also known as crypto, is a digital asset designed to work as a medium of exchange. It uses cryptography to secure transactions, control the creation of new units, and verify the transfer of assets. One of
What Is Blockchain? – Web3 Jargon Busting
At its most basic level, blockchain is a system of storing information in such a way that it is impossible to hack or change. It is essentially a digital transaction ledger, with each block in a chain containing multiple
What Are NFTs? – Web3 Jargon Busting
NFTs can be tricky to understand. On the most basic level, NFT stands for non-fungible token. They also represent ownership of unique, one of a kind items. This is because each non-fungible token can only have one owner
What Is A DAO? – The Complete (& Simple) Guide
A DAO stands for “decentralized autonomous organization.” It refers to a completely decentralized internet community owned by its members. This means that there is no leader or central governing body. In othe
What Is The Metaverse & Why Does It Matter?
Undoubtedly, the metaverse is the new favourite buzzword of the Internet. Apart from Facebook’s rebranding as “Meta,” the concept has made headlines for all right – and wrong – reasons. But
What Is Bitcoin?: The Essential Explainer
Bitcoin, or ₿, is a digital currency that is decentralized. This means that no single bank or administrator controls it. Therefore, it can be sent from one user to another on the peer-to-peer network without intermedia