Are You Independent Yet? Financial Self-Sovereignty and the Decentralized Exchange – Cointelegraph Magazine

Helicopter parents. They never let their kids out of sight. They fret at the possibility of any potential danger, striving to protect their snowflake charges from harm, reassuring the child so they know just how special, precious and helpless they are… and that they can never, ever fail. Of course, this backfires horrendously, resulting in what we see today: leaders who are entitled silver-spoon-fed adolescents conditioned to require constant coddling — not to mention the fact that their parental stimulus packages have taught them that everything in life is free.…

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How Brands Take Blockchain From Niche to Normal – Cointelegraph Magazine

Dapper Labs – the company behind CryptoKitties – has a simple mission. They want to introduce a billion people to blockchain. “The reason we decided to go for entertainment — specifically games — is because we felt that it’s just a much easier way to introduce folks to decentralization,” explains co-founder Mik Naayem. “Gamers are the perfect target market as they already understand virtual currencies and virtual worlds.” In November 2017 CryptoKitties was Dapper Labs’ Trojan Cat, and the game introduced the revolutionary concept of NFTs (Non Fungible Tokens) to…

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Why VCs Are Betting Big – Cointelegraph Magazine

How healthy is the gaming industry? Fortnite thoughtfully provided a concise answer to that question on June 16th. In advance of the much-anticipated unveiling of The Device, a live event on the game platform, slots were full half an hour early as eager gamers logged in to witness Epic’s latest twist in its flagship game. The number at which participation was capped? Twelve million players in-game. Another eight million had to be content watching the stream. For context, NFL Sunday Night Football on NBC — the highest-rated TV presentation in…

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Blockchain Gaming, DAOs, Guilds, and Ragequitting – Cointelegraph Magazine

Many of the builders and investors in the blockchain space believe that the most compelling route to attracting users to the burgeoning crypto-economy is not upending the global financial order but something with significantly lesser stakes: gaming. And this reasoning makes sense. Both video games and cryptocurrencies feature virtual economies running on a shared set of rules, with a user base that tends to be technically-savvy. In theory, there should be less friction for blockchain’s penetration into the gaming market, but in practice, serious adoption and traction is not yet…

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How Blockchain Can Power a Paradigm Shift in Building Game Economies – Cointelegraph Magazine

For the past decade, the dominant business model in the gaming industry has been Free2Play. This model entails giving the game’s base experience away for free and then monetizing the player base through ads and in-app purchases, referred to as “microtransactions”. Over time, this model has become increasingly adversarial towards players, employing predatory monetization schemes and catering to “whales” instead of the average user. Despite its voracious nature, this business model has been enormously successful, helping to build a $159 billion dollar industry that’s now more than twice the size…

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Redefining Ownership for Digital Natives – Cointelegraph Magazine

Many of them, at least in the Western world, learned to swipe a screen before they learned to talk. They’ve seen their parents get rekt on the stock market, maybe more than once, and they don’t trust ‘traditional’ anything much anyway.  By 2026 there will be more of them around than any other cohort — so it’s time we started paying attention to what Generation Z values, respects, and cares about. Broadly defined as those born between 1997 and 2012, Gen Z is easy for older generations to categorize as…

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Why Animism Gives Japanese Characters a NiFTy Head Start on the Blockchain – Cointelegraph Magazine

Anime is for kids? Think again. As you grew older, perhaps you felt the need to “put away childish things”, as the verse from Corinthians admonishes us to do. You graduated from picture books to literature, from nursery rhymes to Nirvana, from the simple to the complex.  It’s the adult thing to do. Yet anime, the cartoon-ish art form sometimes known as Japanimation, is not childish in either its origins or its message. In fact, anime is art with a message: it helps explain to children the right thing to…

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William Shatner Tokenizes his Favorite Memories on the WAX Blockchain – Cointelegraph Magazine

If there’s one thing that has no need of preservation on a blockchain, it’s the burbling thunder of William Shatner’s self-deprecating chuckle.  You grew up with it — if you’ve ever owned a television it’s part of your cultural heritage. No matter how many years may go by between starring roles, it’s as familiar and comfortable as the aroma of Marmite to an English expat. He isn’t committing his laugh to the WAX blockchain, but as he launches a new set of non-fungible token trading cards (NFTs) based on his…

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Blockchain Bridges, Explained | Cointelegraph

A blockchain bridge provides a connection that allows for the transfer of tokens or data between two different blockchain ecosystems. A significant challenge of blockchains to date is their lack of interoperability. Once a developer builds their decentralized application on any particular platform, they’re generally locked into that platform with no opportunity to leverage any of the benefits of other blockchains. For example, Ethereum has well-documented scalability issues that many developers probably hoped would be solved by now. If they move to another, faster platform, such as EOS, then they…

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How Blockchain Will Fundamentally Change the Human Experience – Cointelegraph Magazine

From the invention of the wheel to the printing press, new technology has changed the human experience. Our comprehension of the world is no longer limited to a village. Our collective knowledge grows by inconceivable exabytes of data every day. And our memories, our very recollections of the events that shape our lives, are changing too. In fact, according to neurobiologist Dr. James L. McGaugh, a researcher specializing in learning and memory, technological advancements right up to the advent of the internet have made it less necessary for humans to…

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