Thursday, March 28Welcome to Cryptolifedigital

Tag: OpenSea

Solana Is Considered Ideal For Athens DAO Because Of Its Cheap Cost And Fast Transaction.
Blockchain

Solana Is Considered Ideal For Athens DAO Because Of Its Cheap Cost And Fast Transaction.

The idealness of Solana for DAO was made known at the Hacker House event organized by Grape, a decentralized social-networking protocol, developers after which a core contributor to Grape, Dean Pappas, said “To experiment in governance and think about all these new ideas, these wacky things, you need very cheap transactions, they need to happen fast, and you need a very good user experience.” Read Also: Cardano's On-Chain Transactions Hit Over 44 Million As It Spiked 5.44% The developers revealed that investment-focused DAO, Athens DAO, considers Solana ideal for Governance and cheap transactions. Compare to the second-largest cryptocurrency, Ethereum, the transaction costs on Solana are low and this has massively supported the high NFT transactions on its network. More also, one...
Magic Eden’s Valuation Up To $1.6 Billion As Additional Investment Of $130 Million Was Raised In Series B
Blockchain

Magic Eden’s Valuation Up To $1.6 Billion As Additional Investment Of $130 Million Was Raised In Series B

As stated by  Cryptoslam Solana is second to only Ethereum in terms of 24-hour NFT activity with $4.7 million in daily sales compared to Ethereum’s $15.3 million. Although many NFT collectors and investors chose Solana over Ethereum for the following reasons: Industry-standardFaster transaction times than EthereumLower costs than Ethereum One of the marketplaces for Solana NFT, Magic Eden has experienced its spike following a new round of funding. Read Also: Rev. Dr. Doge Discloses The Acceptance Of Shiba Inu Alongside Some Few cryptos As Donations By The First Miami Presbyterian Church Facts about Magic Eden Magic Eden is a community-centric company that works hard to be responsive, close to the ground, and in service to the best interests of our collections. They air...
Open-Sea Continues To Reign Supreme In Terms Of NFT Trading Volume.
Blockchain

Open-Sea Continues To Reign Supreme In Terms Of NFT Trading Volume.

During the time the NFT was taking the business, the opensea continues to control supreme in terms of NFT trading volume, Sequoia capital is putting its weight behind a fairly lower- known Solana- grounded NFT business. Open ocean, the ETH-grounded NFT business e is the most popular NFT business in actuality moment. Billions of bonesthe worth of NFT was independently eased by the opensea, precisely the opensea presently commands over 43 of the NFT request with over$23.3 billion according to data from exploration by the DappRadar. The open ocean hasn’t set up anything easy, from the stoner dissatisfaction towards the platform to firing their product director who was set up to be partaking in bigwig trading of NFTYs for his gain. also after this, the open- ocean has been dominating the NFT ...