The recent slowdown in the cryptocurrency market has brought many investors with their feet back to earth. Most cryptocurrencies were severely affected in terms of price, especially DeFi protocols, with the notable exception of Polygon, which managed to sustain higher price levels, soaring network usage, and constant growth. This short piece uses IntoTheBlock’s analytics to provide an overview of the on-chain situation for Polygon.
1. Polygon: Introduction and Price
Polygon can be best described as a Layer 2 protocol and framework to build Ethereum-compatible blockchain networks. It has been developed to increase transaction output and drastically reduce fees, without compromising on security. Other smart contract…
An overview of the recent growth in DeFi, backed by IntoTheBlock charts and analytics.
1. DeFi is booming
Decentralized finance (DeFi) is booming. Use cases are flourishing and the major DeFi protocols are fully operational, borrowing, lending and providing liquidity to power decentralized applications (Dapps), poised to revolutionize the current way financial services are conceived. DeFi protocols are powered by smart contract platforms and are arguably the most awaited application of blockchain technology.
At the moment, the majority of DeFi projects are currently based on Ethereum, but platforms such as Binance Smart Chain, Solana and Polkadot are all experiencing steady growth in their DeFi…
Introduction
Almost every other day Bitcoin is reaching a new all-time-high (ATH) — with a yearly closing price of $29,100 in December 2020. This comes after the previous high of $19,800, reached 3 years prior. Welcomed with renewed enthusiasm and the usual speculation on a future price, Bitcoin is once again under the spotlight. The fact that Bitcoin continues its growth is a confirmation of it being increasingly legitimized. Bitcoin’s ATH in 2021 is indeed much different than it was in 2017. Fueled by unregulated speculation in ICOs, the previous ATH was inconsistent with organic growth and state of technology at…
If 2017 was the year of the ICO — notwithstanding the widespread cryptocurrency bear market — the recent years have been characterized by the rise of decentralized finance (De-Fi) tokens.
New tokens promise to revolutionize the finance sector by leading to a paradigm shift from the current, centralized system, to a truly decentralized alternative. De-Fi apps are striving to recreate a financial system that is trustless, decentralized, and accessible to anyone. Due to its inherent features blockchain technology presents itself as the perfect tool to do so.
More often than not, the term De-Fi refers to digital assets, smart contracts…
The character from the popular tv series is a great example of someone that did not let his past define his future. Things are a bit more complicated when that same past is not really defined — and the future even less so.
I am 25 years old, and I am very confused!
I was born in 1994, the last year to be included in the definition of Generation Y. From 1995 onwards, welcome Generation Z. Being born at the very end of 1994 makes things even more confusing.
My generation was born during a historical period of transition. The rise of globalization drastically disrupted the past. The old is…
The character from the popular tv series is a great example of someone that did not let his past define his future. Things are a bit more complicated when that same past is not really defined — and future even less so.
I am 25 years old, and I am very confused!
I was born in 1994, the last year to be included in the definition of Generation Y. From 1995 onwards, welcome Generation Z. Being born at the very end of 1994 makes things even more confusing.
My generation was born during a historical period of transition. The rise of globalization drastically disrupted the past. The old is slowly…
AKA an etiquette to optimize your Medium posts and get more views by The Domino
There are many types of writers.
I am very spontaneous and straightforward.
Whenever I see an empty page, I puke words on it… As much as I can.
And then I go on with lots of liftings. Writing an article is never easy, let alone writing something that really engages with the audience.
Of course, everyone has their own writing style — and the beauty of writing is intrinsically subjective. However, there are several useful tips that can be used to make sure your article stands out.
You heard it right… We are going to help you Pimp your Medium…
When management makes the difference between success or failure.
Startups are freaking cool, aren’t they?
I have never been the corporate type of guy.
I have nothing against corporates, nor I am saying they are bad.
But for a fact, they are not suited to anyone.
I personally prefer startups for two reasons:
- “Flat” hierarchy and organizational structure;
- Possibility to be involved since the beginning of a project.
However, startups can be a double-edged sword, they can be amazing or they can be a nightmare for those working for them.
How so? In the end, it all depends on the way they are managed.
Growing up, I thought that…
How you can contribute to the community and write for us
If you wish to submit your article to The Domino feel free to reach out to Basha or Francesco on Facebook (B F) or LinkedIn (B F) or send us an e-mail at thedomino.medium@gmail.com, we are always happy to welcome new writers in our community, no matter your background, location or experience!
Who are we? Why are we doing this stuff?
Who? An international community of likeminded people who believe in achieving a better future.
Why? We are sick of old dudes telling us what to do and think. …
The Ethereum public blockchain can be leveraged to tokenize financial assets.
The process is very intuitive and instrumental to allow users to immediately transform their receivables into tokens that are unique, liquid and transferrable. The aim of this short piece is to shed light on the process of tokenization, highlighting the technology used as well as the benefits to the end-user.
What is the process of tokenization?
Tokenization is the process of digitally representing an existing real asset on a distributed ledger (Hileman and Rauchs, 2017) and is one of the prominent use cases of blockchain technology in financial markets.
…
Francesco Galati
Business developer @IntoTheBlock / Proficient content Writer for the likes of the UN and INSEAD—Artist, Trader, Writer
