Decentralized finance (DeFi) for beginners

To help people become the best versions of themselves. Tago created NFT Soul with the aim of giving everyone a sincere and fun friend, always ready to listen to you anytime and anywhere, by applying both AI (Artificial Intelligence) and Blockchain Technology ( NFTs & Token).

Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure. Layer 1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer 1 networks is difficult, as we have seen with Bitcoin. As a solution, developers create Layer

A smart contract security audit provides a detailed analysis of a project's smart contracts. These are important to safeguard the funds invested through them. As all transactions on the blockchain are final, funds cannot be recovered in the event of theft. Typically, auditors will examine the smart contract code, produce a report, and provide it

Liquidity Pool Tokens (sometimes known as Liquidity Provider Tokens) are awarded to users who provide liquidity in Liquidity Pools. These tokens act as a receipt, allowing you to claim back your original stake and the interest earned. You can also use your LP tokens to compound interest in a yield farm, take out crypto loans,

NFTs are tokenized, collectible items valued for their uniqueness and rarity, popular on Binance Smart Chain (BSC) and Ethereum. The value of NFTs relies on their authenticity and scarcity, so it can be helpful to take a closer look at the token on a blockchain explorer.

Massive interest in non-fungible tokens has led to a boom in crypto-collectibles and NFT art. These are two of the most prominent use cases in the DeFi ecosystem, but they aren’t the only applications. Scarcity and uniqueness make non-fungible tokens a good match for real-world assets, logistics, music royalties, and more.

As the DeFi ecosystem grows, NFTs are becoming increasingly popular. When trading or holding NFTs or other crypto assets, there’s a choice between using either custodial services or non-custodial services. A custodial service owns the private key to your wallet and holds your assets in custody.

NFT games have become popular in the Game-fi world as a way to earn income. You can sell your in-game NFTs to other collectors and players and even earn tokens with play-to-earn models.

Play-to-earn games allow users to farm or collect crypto and NFTs that can be sold on the market. By playing the game regularly, each player can earn more items or tokens to sell and generate an income. Some players have even begun to supplement or replace their salaries playing these blockchain games.

The metaverse is entering into a stage of heavy development. Smaller crypto projects, creators, and games produce content and meta platforms alongside huge tech giants like Google and Facebook (Meta). As the trend has picked up, tech giants with platforms that already complement the metaverse have begun their own developments.

With the rise of GameFi, Initial Game Offering (IGO) is gaining popularity among crypto investors. IGO allows you to pre-purchase a blockchain game’s NFTs or tokens at its early development stage.

After Bitcoin’s launch in 2009, a robust industry blossomed, stemming from the asset, its concept and its underlying technology. The crypto and blockchain space boasts different niches in which projects and companies develop solutions for various use cases.