🔵 𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 🔵
Director @michaelmann brings you inside the experience of directing his latest film "Ferrari", from intention to execution, onchain
A series of eight collectibles represent core samples from the vast FERRARI EXPANDED Archive exploring the twelve months of character-building, artistic decisions, historical research, and film craft behind the camera
Collect all eight via @crossmint before the end of the year to be granted a complementary access pass to the FERRARI EXPANDED Archive
Dropping in two waves, with the first set of four now live (mints in thread)
We're back again with our latest weekly update 🚀
Sit back, relax, and dive into our latest recap to see what the @Scroll_ZKP team has been up to over the last 7 days.
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4844, DA Compression, Proof Aggregation and many more user centric innovations are coming to @Scroll_ZKP over the next few months. Decentralization and Rewards for on-chain interaction is also on its way. if you want to run a Scroll Stack, we want to support you. 📜📜📜 DM
#BeeCoin is the first #cryptocurrency to be contracted to earn 1% of every $BEE transaction into the beecoinhive.bnb $BNB wallet, which is the personal @cz_binance wallet in the #BeeCoinDAO ecosystem.
In the future, the accumulated funds will be automatically transferred to CZ’s personal wallet as a sign of eternal gratitude for the creation of the #blockchain on which our activities will be carried out.
CZ has stepped away from #Binance management and is now a private investor, so the above actions are in no way intended or attempted in any way.
#BNBChain #CryptoCommunity #BSC #TokenizedRevolution #RealEstate #RWA #tokenization #DeFi #Web3
FACT: Banks are closed today for #PresidentsDay, but Litecoin will never close. In fact it never has! Over 12 years of flawlessness.
#Litecoin⚡#MondayMotivation
Quick, Puffy needs you!
Carrots have invaded our Ethereum waters, posing a threat to its decentralization. But no sweat – Puffy’s got this, munching on those carrots like a champ! 🐡🥕
Yes, Puffy's Crunchy Carrot Quest starts... TODAY!
Find out more here👇
ZK builders, assemble!
Introducing zkApp Accelerator, powered by #Manta!
A dynamic 6-week program carefully designed to identify and help build real, scalable, and innovative use cases that drive the next wave of #Web3 adoption on #MantaPacific.
Let's dive in to know more 👇🧵
Asset #tokenization refers to the use of #smartcontract and #blockchain technology to represent ownership or rights to an asset (or liability) as a tradable, onchain #token.
In the context of real-world assets #RWA, asset tokenization refers to the process of reformatting assets outside of a blockchain, often called an #offchain asset, into a token format.
Once #tokenized, there are inherent efficiencies in storing, updating, and transferring assets across multiple parties and additionally, it becomes much easier to create liquid markets around these assets.
Many #RWAs today, like #cash, are purely digital, requiring interoperability between the existing systems that custody these assets and blockchain networks. Other assets, such as #gold, are physical, requiring a third-party custodian to physically store the asset as proof that each token corresponds to some amount of stored gold.
While all tokenized assets gain the efficiencies mentioned above, the path to #tokenisation and the specific token standard/architecture each asset uses can differ wildly based on the nature of the asset itself.
#NFTs are best suited for unique assets that can’t be easily represented by fungible tokens. A clear example of this is tokenized #RealEstate, where each building is fundamentally different from another building, whether in size, age, location, wear-and-tear, or other characteristics.
The advantages of using NFTs are obvious when considering the needs of unique asset types such as real estate. At its core, an #NFT is simply two things: TokenID and #metadata.
TokenID: A unique barcode helps differentiate one asset from another. For example, two houses that are side by side would have different tokenIDs.
Metadata: Data that describes the NFT. For example, a real-estate NFT could track addresses, renovations, past sales, and more. As mentioned above, NFT metadata can be continuously updated.
Another key consideration in using NFTs for real-world asset tokenization is #fractionalization. The vast majority of fungible tokens can be fractionalized down (i.e., owning 1.789 of a token).
NFTs are non-fungible, making them well-suited for assets that are either best represented as a single, non-fractional token to start or often owned solely by a single entity.
#BeeCoin #DAO $BEE #CryptoCommunity #cryptocurrency #BNBChain #BSC #DeFi #BinanceSmartChain #Web3 #Binance
The numbers from the world's largest digital payment processor speak volumes as to which #crypto is USED in the real world. #Litecoin ⚡️
More people are choosing to pay with goods and services in $LTC than $BTC and $ETH COMBINED.
In this case, there is no second best. Or third.