Preamble Recently, “Loot” has been spreading virally throughout the crypto community. Industry key opinion leaders (KOLs), founders of quality projects, and investment institutions all pay close attention to the emerging “bottom-up” concept, and more community members are excited about it. Despite the term bottom-up only recently coming into the limelight, in essence, the philosophy may be at the root of the entire crypto economy. Bitcoin, for example, breaks the rules of centralized government-issued fiat currency by enabling anyone that follows its PoW consensus algorithm to produce a new currency. On the other hand, Ether allows developers to build arbitrary dApps on top of it without permission, and its prosperity hinges on the frequency of this. These two patriarchs of the cr...

In June 2021, Alibaba and Dunhuang Arts Institute jointly released two NFTs, Dunhuang Flying Sky and Nine Color Deer App skins, which were limited to 16,000 in the world. The works were looted as soon as they were released. On June 26, 2021, NetEase and Nervina Labs released their first NFT work on Taobao. On August 3, 2021, Chinese tech giant Tencent’s  NFTs trading platform -Huanhe launched 300 copies “Vinyl Record NFT” authorized by TV program “Thirteen Invitations”, and sold out instantly. Chinese giants’ capital is vying to chase, and it’s so fierce. So far people can’t help asking, what is NFT? Meet NFT NFT is short for Non-fungible Token，which is relative to the concept of Fungible Token (FT), each NFT has a unique and only identification, which is not interchangeable...

The loss of Internet data leakage is gradually increasing, and data privacy will be the key development focus of the industry. According to BM Security assessment, the average cost of global data leakage in 2018 was $3.86 million, which was 6.4% higher than that in 2017. In addition to that, the assessment also shows that large-scale data leakage is costly, with millions of records leakage possibly causing $40 million in losses, and 50 million records leakage may cause $350 million in losses. In this context, developing privacy encryption technology has become the focus of industry and market. Zero-knowledge proof is an advanced privacy protection technology. Zero-knowledge proof is a cryptographic technology proposed by MIT researchers in the 1980s. As the name implies, zero-knowledge ...

Investing in digital currency has become a trend With the new record Bitcoin (BTC) price reached earlier this year and the wave of price surge of DOGE and SHIB led by Elon Musk, digital currency has gradually attracted outsiders. It has become one of the major topics in global investment trend. Players including Facebook, national-level digital currencies, commercial companies, tournament games, Tesla, etc. have all begun to get involved in digital currencies. Although BTC has fallen from the highest price of $64,000, in fact, many users’ enthusiasm for BTC or other cryptos has not diminished at all. In the tide of digital currency, insiders may be familiar with the concepts and tricks of DeFi, IDO, GameFi, NFT, etc., but outsiders still have difficulties getting started with even th...

The U.S. blockchain R & D team sky brings together global investment banking elites and financial leaders to jointly build the world’s first Turing complete protocol defi + NFT + metauniverse decentralized trading platform on the BSC chain with it technology giants and blockchain masters. On September 16, 2021, the representative Ralph Taylor answered the reporter’s questions about Koro’s launch of pancakeswap in Colorado, the United States. He said that in recent years, with the development of blockchain technology and the iterative updating of technology, many high-quality blockchain projects have emerged in the market, and defi is the most eye-catching. The birth of Koro not only solves the problem of mutual trust, At the same time, more global nodes benefit ...

Did you know that Neil Stephenson’s 1992 science fiction novel “Avalanche” was regarded as a bible by Facebook’s founder Zuckerberg and was widely circulated throughout the company. This book describes a virtual world parallel to reality. In Metaverse, everyone has a custom avatar Avatar, which is parallel to the real world, interacts with each other, and is always online. It is lifelike and immersive. The movie “Avatar” created a magnificent Genesis, and its inspiration also came from this. There are two roads in front of human beings: one outward, leading to the sea of ​​stars, and the other inward leading to virtual reality. ——Liu Cixin With the maturity of AR, VR, application of 5G and artificial intelligence autonomous generation technology, the improvement of wearable sup...

DeFi is undoubtedly the hottest word in recent years. DeFi moves traditional finance to the blockchain network, reduces collaboration costs, improves operational efficiency, at the same time creates a global open and borderless financial system. Before DeFi, blockchain technology experienced two major breakthroughs, both of which laid a technical foundation for the emergence of DeFi. First, the first generation blockchain technology represented by Bitcoin realized the secure and decentralized spread of value on the Internet. After that, the decentralized underlying network dominated by Ethereum realized the operation of the decentralized program Dapp with the smart contract based on the programming language Solidity. These two block technology breakthroughs have laid the technical found...

AOFEX has officially established its Japan Branch on September 16, 2021 to start its business in Japan and further develop the market in Asia. To celebrate the establishment of AOFEX’s Japan Branch and express our gratitude to our users, AOFEX gives away 200,000 USDT (Find our more benefits at the end of the article). Since its launch on September 2nd, the Canadian branch of AOFEX has carried out various digital asset businesses in an orderly manner, deepened its localization strategy, and provided local users with high-quality digital financial services. Up to now, AOFEX has gained the trust and support of more than 50,000 Canadian users. The establishment of the Japan Station is another milestone in the implementation of the “AOFEX Global Strategic Plan”. In the AOFEX business strateg...

In the first half of 2021, besides the popularity of NFT Summer, there is also a very important event. On June 9, El Salvador announced that Bitcoin will be designated as legal tender, which is the first sovereign country to designate Bitcoin as national legal tender, and its historical significance will have far-reaching influence. With the booming development of NFT, meta-universe and gamefi, the whole encryption market presents a thriving scene. The outbreak of encryption industry cannot be separated from the periodicity of technology iteration. On the eve of the outbreak of encryption market, different high-quality projects are constantly optimizing blockchain technology, which promotes the development of the industry to a higher stage, and often every stage of technological progres...

After the boom of DeFi Summer in 2020, on-chain DAPPs have been fully developed in terms of their types and uses. Although KYC is not required for DeFi, it is a rigid need to use oracles to communicate transaction data because of its core transaction function. In terms of NFT, although there are various types of on-chain native products, since part NFT products are mapped to the chain through traditional assets, this also involves data interaction. The Demand for More and More Diversified Data In terms of the development of the traditional financial industry, the use of information other than transaction data in financial derivatives is increasing, such as the weather futures based on weather conditions, carbon emissions futures based on carbon emissions, etc.. DeFi is built on the b...