The Most Expensive NFTs That Are Currently on The Market

With the ever-expanding popularity of non-fungible tokens (NFTs) within the crypto community, it’s becoming more and more common to see NFTs as collectibles that can be traded on exchanges. But some NFTs are rarer than others, making them more valuable and worth collecting—particularly if they’re worth a lot of money! Here are some of the most expensive NFTs currently on the market

Decentraland – $6 million
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. They are also able to purchase land plots that they can build upon themselves or simply explore as a tourist.

CryptoPunks – $7.5 million
CryptoPunks are one of the most expensive Non-Fungible Tokens currently available, fetching $7.5 million at auction. CryptoPunks is a digital collectible card game that has been available since 2014 and is based on the ERC-721 token standard. Players use CryptoPunks to trade cards with one another and then compete with those cards in battles.

NBA Top Shot – $30 million
NBA Top Shot allows users to buy, sell, and collect NBA NFTs that showcase influential “Moments” minted on the FLOW blockchain. Some Moments are rarer than others, but the rarest versions are worth the most. Moments are minted in “Packs,” much like you’d expect from physical trading cards.

Blockchain Heroes – $3 million
Blockchain Heroes are the world’s most expensive non-fungible tokens, fetching $3 million. They were a project by ChronoLogic and were sold in an auction to one of their partners.

Dapper Labs – $1 million
Dapper Labs is the company behind CryptoKitties. This game, which is one of the most popular blockchain games to date, has been downloaded over 2 million times and attracted a lot of attention from investors. In fact, Dapper Labs raised $12 million in their series A funding round.

Incubate with Us- Metaworks Holdings
Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse.

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

Decentraland and The Voice—Entering the Metaverse

The Voice is currently one of the most popular reality singing competitions in the world and has been for many years. The show, which combines singing and team performance, was created by John de Mol in 2010 and airs on NBC networks in the United States and Canada, as well as other international networks. The Voice has been nominated for so many awards that even their website has difficulty keeping up with all of them! The show has featured some pretty huge stars over the years, including Adam Levine, Blake Shelton, and Gwen Stefani.

What is the Metaverse?

The word metaverse is a portmanteau of metaphysical and universe. It refers to a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the internet. People’s experiences in this new world are facilitated by avatars that represent them in a shared digital environment; interaction with others is possible through textual chat or voice-over-IP programs.

What is Decentraland?

Decentraland is an open-source platform where you can create, experience, and monetize content and applications. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Once they own this land, users can do anything they want with it – build a house, start a business, interact with others – without needing to ask for permission. It’s like owning your own piece of the internet!

How will The Voice Entering the Metaverse affect users?

The Voice entering the Metaverse is a new NBC show that’s set to premiere on December 11. This means that viewers will be able to enter the virtual world of Decentraland in order to watch it. It’s being called a world-first. But what does this mean for you, as a user? Will you have to pay an extra fee? Will there be more ads popping up in your timeline?

What does this mean for virtual reality?

The debut of Decentraland’s new show, The Voice Entering the Metaverse, is major for virtual reality. It demonstrates a new way to enter the metaverse. Previously, your only access to this world was through a headset or computer screen. Now you can enter it with just your voice! Virtual reality is about to get more interactive than ever before!

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

The New Age of Virtual Youtubers is Taking Over the Content Creation World

From the very first time we saw them on screen, virtual characters have had an impact on us as viewers and content consumers. We’ve been able to relate to their struggles, empathize with their insecurities, and cheer them on through the challenges they faced. These characters have not only captured our hearts; they’ve also captured our imaginations and our loyalty. Virtual YouTubers are steadily taking over the content creation world and changing how we consume entertainment media as well as how we create it; what better time to find out exactly what makes these digital personalities so compelling?

Who are virtual YouTubers?

Virtual YouTubers are a new form of content creators that are coming onto the scene and taking over. VTubers, or virtual YouTubers, are people who create videos on their 3D avatars in online worlds such as Second Life. A VTuber’s job is to create videos for viewers’ pleasure – and make a living by doing so.

What makes them so popular?

 A virtual YouTuber is someone who creates and posts videos on Youtube but instead of being in front of the camera, they are behind it. VTuber 3D has had great success with their first video gaining over 1 million views in less than 24 hours.

How did they get started?

VTuber 3D is a new type of content creator that uses 3D modeling software and virtual reality to create videos. Some VTubers use this technology to monetize their channel through either subscriptions or ad revenue, while others are just looking for a way to express themselves without having to worry about camera angles or lighting.

What sets them apart from traditional YouTubers?

VTuber 3D is a new style of virtual YouTuber, which is becoming more popular. Unlike traditional YouTubers, who use a camera to film themselves and show themselves on TV, VTuber 3D uses a computer program to render them as 3D characters for their videos. This means that they don’t have to worry about being in front of the camera or looking into it, which allows them to be in whatever position they want.

What does the future hold for virtual YouTubers?

Virtual YouTubers are still new to the content creation world. This means that there is a lot left to discover. For example, what will be the next big virtual YouTuber? Who will be remembered as one of the greats? What if a virtual YouTuber manages to make it into mainstream media? The future is wide open and exciting for virtual YouTubers.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

The Business of the Metaverse

Virtual reality has been around in sci-fi for decades now, but it wasn’t until recently that the technology caught up to our imaginations. In 2013, Facebook bought the virtual reality company Oculus Rift and announced the acquisition with the goal of developing their own virtual reality gaming platform and headset that was released in 2016 or 2017 (though industry insiders suggested that might be too optimistic). While some people believe that VR will never go mainstream, investors are pouring money into startups focused on developing VR technologies and devices as they wait to see what happens with Oculus Rift’s entry into the market.

What is the Metaverse?

The metaverse is a term for a shared virtual space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the internet. It will offer people from around the world a common space to meet and share ideas. The term was first coined by Neil Stephenson in his book Snow Crash in 1992.

VR Communities

Virtual Reality (VR) has been a long-dreamed-about technology for decades, but in the past few years, it’s finally become a reality. We’ve come to call this immersive space the metaverse and it will be one of the most transformative technologies we have seen in our lifetimes. The metaverse will offer everything from online gaming communities to work opportunities and new ways to connect with people from all over the world.

VR Games/Productivity

Virtual reality has been around for a while now, but it’s only recently that its potential for gaming and productivity have been realized. From business meetings to exercising, VR is changing how we work and play.

What is Real Estate in Virtual Reality?

Real estate is a fluid concept in virtual reality. It can be anything from a small apartment to sprawling acres of land. There are many different types of real estate and they all have different costs, benefits, and risks associated with them.

Why is Decentralization Important?

Decentralization is important for a number of reasons. One reason is that it makes a system more secure. With so many people participating in a decentralized system, it becomes much more difficult for hackers to access and exploit any vulnerabilities. Another reason decentralization is important is that it allows participation by anyone with an internet connection, regardless of geographic location or socioeconomic background.

Blockchain in Virtual Reality

Blockchain technology has made its way into virtual reality and is being used by a variety of startups to power their platforms. The decentralized blockchain is a way for developers to create games that are completely safe and fair, without any sort of interference from a central authority. This means that anyone can play these games without ever having to worry about getting cheated, hacked, or scammed. The blockchain is also revolutionizing other parts of the gaming world as well.

Monetization in Virtual Reality

There are a number of ways to monetize in virtual reality. One way is through virtual reality applications. Developers can create an experience that users pay for and then enter as an individual or with other people. Another way to monetize is by selling virtual goods, like clothes, furniture, and accessories which users purchase to outfit their avatars in the game.

Other Platforms to Consider

While Second Life may not be as popular as it once was, VR is definitely on the rise and will only continue to grow. Here are a few more platforms that you should consider

How Do I Get Started?

In order to get started in the virtual world, you must first have a Second Life account. Once this is done, you can go through a tutorial that will teach you how to navigate and purchase items. The next step is to find an avatar. This will be your online representation while interacting with other players and businesses.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 
The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

High Street – the online shopping metaverse!

Did you know that there’s an online economy that you can use to pay for products and services just like you do in the real world? If you live in the United States, then chances are good that you already do — you just probably didn’t realize it! While many sites don’t accept HIGH directly, most of them will accept fiat currency (USD) as payment, and then immediately credit your account with HIGH. This guide explains how to do so on Shopify sites where the feature has been activated.

Meet the team behind High Street

They are a small team at the moment, but growing fast. Their goal is to build a site that will become an indispensable resource for all things related to VR, AR, and MR. They want people who are new to this technology or who are already experts in these fields, regardless of their age or background, to be able to find everything they need right within HighStreet.

What is High street?

High Street is an advantageous metaverse idea. You can shop in the online cosmos using HIGH, like others. Some Shopify sites link to the gaming platform. And as well as receiving a bonus token each time you purchase something, they are also giving away $100 in tokens every month to their users. So not only do you get rewarded for shopping on High Street but there’s also a chance of winning more tokens too. 

It’s important that their users know how secure their data is when they’re trading and buying on High Street so they’ve taken all measures to make sure that all transactions are encrypted and safe.

Making money on High street platform

High street is new, but it has a lot of potential. The idea of being able to buy things on the internet using cryptocurrency instead of fiat currency is a big one. There are also plans in place for an affiliate program that would allow people who promote high street products on social media or other platforms to make money from referrals.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

AXIE Infinity, what is it? 

Imagine one day owning digital assets that are not just limited to pixels on a screen – but tangible, physical assets you can hold in your hand! The Metaverse platform AXIE Infinity (AXS) will help us get there by allowing us to own digital representations of tangible objects that we can collect, trade, and interact with in limitless ways! Let’s take a closer look at what AXIE Infinity has to offer and how it works!

What Is The Axie Infinity Economy?

The Axie economy is an open market that anyone can join. This means that if someone wants to create a business in this world, they just have to buy some Axies and start selling their goods. The advantage of this is that it will be easier for people who are new at this business and don’t have a lot of money. They can buy some Axies from someone else and start from there.

How Does It Work?

AXIE INFINITY is a blockchain-based game that allows players to create their own digital creatures (known as Axies) which can be trained and evolved. Players can also breed their Axies with other players’ Axies, or trade them for crypto tokens. The game has been designed with scalability in mind and provides a virtual world where all digital lifeforms live.

Where Do I Get My Tokens To Play Games And Earn Crypto Rewards On Axie Infinity?

You can purchase or earn Axies on the website. If you want to get your hands on some Axies, you’ll need a cryptocurrency wallet, which is a place where you can store cryptocurrencies like Bitcoin, Litecoin, and Ethereum.

Can you make money on Axie Infinity? 

You can make money on Axie Infinity by playing games, owning businesses, and purchasing skins. The more you play, the more rewards you will receive! Once you have earned enough experience points in-game, you can go back to your dojo and learn new skills for your Axies (Axies are what people call their CryptoKitties). 

The game is still in its beta stage so there is a lot of room for growth. And if that wasn’t enough already, the developers are planning on adding quests that give even more rewards as well as introducing tournaments where players can compete with each other for real-life prizes.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

Enjin Coin (ENJ): Everything You Need to Know

Enjin Coin (ENJ) is the native cryptocurrency of the Enjin network, used to power its blockchain platform. It’s available as an ERC-20 token, allowing it to be used by all of the ERC-20 compatible wallets and exchanges out there, including MyEtherWallet and Binance, among many others. ENJ is already being used by tens of thousands of video gamers around the world in over 200 games, including Minecraft, CS:GO, Runescape, H1Z1 and more.

What is Enjin Coin?

The Enjin token is the world’s most popular Ethereum-based ERC-20 cryptocurrency, with over 20 million wallets created. Enjin allows game developers and content creators to reward their players with tokens for in-game achievements, incentivizing gamers to keep playing and building communities around different games.

History of the company

The idea for Enjin was born in 2009 with the release of Minecraft, a game that would become one of the most influential games of all time. Enjin has been providing gamers with a platform to create, share and trade virtual goods on ever since.

How to buy ENJ

To buy ENJ, you first need to get Bitcoin or Ethereum. If you don’t have either of these, they can be purchased easily from Coinbase. Once you have BTC or ETH, it’s easy to convert these tokens into ENJ on any major exchange like Binance.

Pros and Cons of ENJ

The advantages of using Enjin Coin (ENJ) are that it enables gamers to trade their virtual goods with one another in a safe, secure and transparent way. Other advantages are that it allows for the creation of virtual goods and games on top of a blockchain. The disadvantages of using ENJ is that it’s relatively new and has had some security issues.

ENJ vs ETH

The Enjin Coin (ENJ) is an ERC-20 token which operates on the Ethereum blockchain. ENJ can be used as a form of payment for all gaming items and currency in the Enjin ecosystem. The ENJ coin has seen significant growth in value from October 2017 to November 2017, where it has gone from $0.05 USD per coin to over $0.25 USD per coin, with an overall market cap of $32 million USD.

Value of ENJ today, why use it?

At the time of writing this post, Enjin Coin (ENJ) is worth $$0.4205 USD and can be used on the Enjin platform. Additionally, there are many features being developed for the coin so it will be more valuable in the future.

Games on ENJ platform

The Enjin Network hosts over 250,000 gaming communities and reaches millions of gamers across the globe. With Enjin’s new cryptocurrency, we’re opening up a world of possibilities for in-game items. At the heart of our platform is a modular blockchain system called Efinity. It allows unlimited volumes of transactions between different blockchains without clogging the networks.

Communities using ENJ

Enjin is a social gaming platform with over 250,000 gaming communities and 18.7 million registered gamers. Enjin offers a suite of tools for community building, including chat, forums, guilds/clans, and other social features that keep the community together. With the Enjin Wallet users can store all their game items securely on the blockchain while maintaining full control over them. The wallet also enables trading of in-game items on a marketplace built into the wallet.

Is ENJ a good investment?

The Enjin Coin is a cryptocurrency token based on the Ethereum blockchain. It has a total supply of 1,000,000,000 ENJ. ENJ can be used across different platforms that include their in-house Minecraft server and game engine with over 250,000 community-made gaming servers and 18 million registered users. The Enjinn coin is currently valued at $$0.4205 USD which is low compared to the all-time high of $1.42 USD it reached in early December 2017.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com

Gala: The ultimate Metaverse platform?

GALA  has been touted as the ultimate Metaverse platform and it aims to be just that, with its unique features and fast, innovative development team there’s no question that GALA  will be a powerhouse in the VR metaverse. If you’re looking to create virtual worlds of your own, or simply enjoy exploring new ones, GALA  should definitely be on your radar.

How does Gala differ from blockchain platforms like Ethereum and EOS?

Ethereum and EOS are blockchain platforms, while GALA is a metaverse. While GALA can function as a blockchain, it is not based on the Ethereum or EOS blockchain. Rather, GALA will have its own chain. But what does this mean in practical terms? For one thing, it means that all of the code used to create GALA will be open-source.

How does Gala differ from Steemit, Waves, Lisk, NEO and other cryptocurrency platforms?

The way that Gala is different from other platforms is that GALA has a built-in social media component, so it’s not only a cryptocurrency but also an instant social media solution. It’s like the WeChat or WhatsApp of crypto! This means that users don’t have to log into a separate site to post their thoughts and engage with others on the network. Gala will be a decentralized network, meaning there will be no central authority that controls how things work.

How does Gala differentiate itself from major social media sites Facebook and Twitter?

1. Gala is a decentralized social media site, meaning that it is not governed by any central authority and relies on users to govern themselves. 

2. Gala uses tokenized virtual currencies to reward positive contributions of content, the creation of new content, and other such activities. These can be redeemed for products or services from companies that are partnered with Gala.

I have an idea for a project. Can I build it on GALA?

If you have an idea for a project, you may be able to build it on GALA. In general, we’re always excited to see what people come up with and we’ll do our best to support your efforts. However, there are some things that need to be taken into consideration when thinking about building on GALA. Namely, is the project original? Is it something users would want to use or pay for? Can you make this work without owning any of the IP rights (the content)? Do you know how much time and effort is required in order to make this happen? If so, then perhaps building on GALA could be worth considering.

What language can I use to develop my project?

As mentioned earlier, Gala is built with the intention of being a universal, decentralized system. This means that you can use any language to develop your project on the GALA platform.

Is there developer documentation available?

To create a GALA account, you must first download and install the GalaHub application. After installation, launch the program and click on Create Account to log in. To register for a new account, fill out the registration form and agree to the terms of service.

Which wallets support GALA tokens?

The GALA tokens are supported by the following wallets: MyEtherWallet, MetaMask, Exodus, Mist, and Parity. If you have a different wallet and would like to store your GALA tokens there, please contact GALA for more assistance.

Which exchanges are trading GALA tokens at this moment in time? 

Currently, Gala tokens are being traded on the following exchanges: HitBTC, LiveCoin and EtherDelta. To buy GALA tokens with Bitcoin or Ethereum, you first need to purchase Bitcoin or Ethereum using a fiat currency. Then you can use your Bitcoin or Ethereum to purchase GALA tokens.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com

Currency of the Future: All About Crypto

Not many people are familiar with cryptocurrency, also known as digital currency or virtual currency, and that’s because it’s such a new phenomenon. But it’s rapidly gaining traction among both consumers and merchants, and the smart ones are figuring out how to get on board early and use it to their advantage in the very near future. Here’s everything you need to know about cryptocurrency so you can start using it yourself and make your life easier in the process.

Introduction

Cryptocurrency is a digital or virtual currency that uses cryptography for security and anti-counterfeiting measures. It is not issued by any central bank and its worth depends on supply and demand. There are over 800 types of cryptocurrencies, some are more popular than others but most use Bitcoin as a benchmark. Crypto can be used to buy goods from stores that accept it as well as investing in it (though you should be careful with investing).

How Does It Work

A cryptocurrency is a digital currency that uses cryptography to protect transactions and control the creation of new units. Cryptocurrencies work similarly to physical currencies but have key differences like anonymous ownership and decentralized control. No single institution holds total control over a cryptocurrency and everyone can take part in each transaction, which makes it difficult for government officials or other potential intruders to trace back owners.

Where Can You Use It

In a day and age where credit cards are not the only way to pay, it is possible to use cryptocurrency at a number of locations. Stores such as Target and Starbucks accept Bitcoin, as do ridesharing apps like Uber and Lyft. As a result, more companies are looking for ways to integrate crypto into their business. One company has begun issuing a dividend in cryptocurrency to shareholders based on its profit every year.

How To Get Into Crypto

Buying your first Bitcoin or Ethereum may seem a little daunting. You’ll need two things to buy crypto: a digital wallet (think bank account) and an online exchange. You’ll need to create a digital wallet for your currency of choice. The easiest way is to use a free mobile app like Coinomi on your phone or Jaxx on your computer. In order to deposit money into your wallet, you will need to purchase a cryptocurrency from an online exchange like Coinbase, Poloniex, Kraken, Bitfinex, or Gemini. For many exchanges, you will be required to provide personal information such as your name and address in order to complete transactions- but this is generally not necessary with more decentralized exchanges.

Cryptocurrency growth? 

Cryptocurrencies have been on a tear, growing in value by more than 1,000% this year. Now people everywhere are trying to get in on the craze by investing in cryptocurrencies. Bitcoin, which was worth less than $14 billion just two years ago, is now worth $227 billion.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.

Ethereum Blockchain: The Good, the Bad, and the Metaverse

The Ethereum blockchain and the cryptocurrency associated with it, Ether, have proven over the past few years to be major forces in their respective categories. But where did they come from? What are their strengths and weaknesses? How can they be used in relation to VR? Let’s look at Ethereum and its blockchain, how it works, what its future might hold, and how it compares to some of the other competing platforms out there for your online metaverse experience needs.

Ethereum Blockchain Pros

The pros of Ethereum blockchain are that it has a Turing-complete language meaning it can calculate anything which can reduce the time for execution. Another pro is that it has no transaction fees. Transactions on the Ethereum blockchain are free to execute and validate. Lastly, there is a substantial amount of ERC20 tokens built on top of this platform which boosts its utility.

Ethereum Blockchain Cons

A lot of times Ethereum is used for more than just making a transfer of value. Platforms such as ICOs require you to use ETH for participation in an offering. This means that you have less room to decide what form of currency you would like to put into your business.

Smart Contracts

A smart contract is essentially a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Essentially, it’s a piece of code that automatically executes obligations between parties. When a predetermined condition (an event) occurs, an intelligent contract executes those obligations like self-executing code. For example, two parties use their computers to send coded contracts for transaction on digital currencies that are based on parameters like price.

Building DApps

In addition to Ether being a digital currency that people can buy and sell on exchanges like any other digital currency, it can also be used to build decentralized applications or DApps on the Ethereum blockchain. A DApp is essentially an application that operates from a shared database in such a way that no single person has unilateral power over data within it.

Decentralized Autonomous Organizations (DAOs)

The Ethereum blockchain is a decentralized autonomous organization which is a type of DAO. DAOs are specifically designed to be governed without any human involvement or supervision. All functions within the blockchain are executed in accordance with the pre-established set of business rules such as programmable transaction logic. In a sense, DAOs are just like advanced blockchains but instead of just creating blocks they execute programmed instructions.

Incubate with Us- Metaworks Holdings

Metaworks Holdings is an incubation company formed to create new, foundationally stable, scalable business units primarily focused on modeling existing, successful, traditional, and/or progressive recurring revenue streams existing within existing and new Metaverse. 

The ultimate goal is for each business unit to raise money independently and provide best-in-class products or services in each of their respective industries. Additionally, all units incubated under Metaworks will be able to get added benefits from the other businesses’ goods or services in our ecosystem. Find out more: metaworksholdings.com.