In 2021, Decentralized finance (DeFi) grew into a multi-billion industry and opened advanced financial instruments to nearly everyone in the world. It’s obvious that this financial niche is getting more traction, and it’s unlikely that this trend will recede.
That said, DeFi comes with its own set of weaknesses, such as its dependence on fiat-pegged stablecoins. These cryptocurrencies are notorious for being centralized and quite opaque regarding their backing reserves. And while there have been attempts at creating algorithmic (decentralized) stablecoins in the past to alleviate this issue, these projects have been destined to fail. Or so it seems, until now.
Continue reading Olympus DAO – New DeFi Archetype or Elaborate Ponzi Scheme?
Blockchain tech is becoming the new paradigm, no doubt about it. It’s the very foundation of Web3 and is changing the way we use the internet altogether. And while most projects focus on DeFi and disrupting finances, there are some exceptions to the rule.
Genuine projects that use decentralization to empower their users to advocate social good may be far and in between. That said, some interesting initiatives have been making their appearance lately.
In this Earth Fund DAO review, we analyze this project that brings crowdfunding for the greater good directly on the blockchain. To provide you with a good overview of this DAO, we take a look at the goals and token economics of its cryptocurrency.
Continue reading Earth Fund DAO Review – The Transparent Crowdfunding Platform on the Blockchain
In this Diatom DAO review, we take a closer look at a blockchain project that aims to incentivize the removal of plastic from the ocean. With 14 million tons of plastic ending up in our oceans every year, it’s one of the most glaring issues humanity is facing nowadays. This junk disrupts ecosystems, kills entire species, and destroys biodiversity. Moreover, it is directly responsible for climate change as it removes the oceans’ ability to sequestrate greenhouse gasses from the atmosphere.
Although humans are working towards reducing our plastic output, getting rid of altogether is nothing but a pipe dream. We have simply become completely dependant on this material in every facet of our lives. However, focusing on ocean de-pollution is a much more palpable objective. But this is a colossal venture, which requires all the help that it can get. This is why projects like Diatom DAO are so essential.
Continue reading Diatom DAO Review – Ocean Depollution powered by DAOs
In our quest to find influential and ethically-driven projects in the blockchain industry, we bring you this Toucan Protocol review. While we have already mentioned this project in our Ethical DAOs article, we wanted to go deeper into the tech that makes it tick.
Toucan has a mission to bring carbon markets to the DeFi marketplace. It wants to empower both individuals and businesses to contribute towards a cleaner planet. But how does this exactly work? Scholars have criticized carbon markets in the past for greenwashing, so does Toucan help us alleviate this issue? In this Toucan Protocol review, we analyze how this protocol functions and how its essential elements intertwine. We will also provide its pros and cons which should allow us to answer these questions thoroughly.
Continue reading Toucan Protocol Review – Carbon Markets on the Blockchain
For those wondering what is Polygon Network, you have come to the right place. Here, you will find a complete rundown of one of the most successful scalability solutions for Ethereum on the market. To this end, we will discuss the basics of layer 2 solutions, what they are, and why they matter.
More specifically, we will cover Polygon, explore the details on how everything works, and how it all interconnects with Ethereum. And finally, we analyze the benefits of Polygon for the environment if used extensively in the Defi and NFT markets. So keep on reading to learn what is Polygon, and how it can be used to create Ethereum’s internet of blockchains.
Continue reading What Is Polygon Crypto – Your Ultimate Guide to the Ethereum Scaling Solution
The blockchain industry is an eclectic space. While crypto-financial platforms heavily dominate the market, there are a few projects here and there that stand out from the bunch. At Unblock, we love seeing projects that use blockchain tech to improve the world we are living in. GainForest is one of these blockchain platforms that aim for better sustainability and use the properties of the immutable ledger to provide us with a better tomorrow.
In this GainForest review, we will try to demystify some of the innovative concepts of this up-and-coming environmental initiative. To this end, we explore the basics behind the GainForest idea, but will also delve deeper into token economics to assess the project’s viability.
Continue reading GainForest Review – A Blockchain for Tracking and Incentivizing Reforestation
In this Polkadot review, we take an in-depth look at one of the most promising blockchain projects in the crypto market. With our analysis, we try to help you get a better understanding of the Polkadot blockchain and how it works. To this end, we briefly explore its beginnings and delve deep into the tech that makes this project such an appealing premise in the crypto ecosystem.
In addition to the basics, we’ll also cover one of the hot topics of the blockchain industry at the moment – the Polkadot Auction system. This should allow you to understand how this next-gen blockchain can become the foundation for the Web3 we were all waiting for.
First things first, let’s start with the basics. What is Polkadot and how does it fit into the current blockchain ecosystem?
Continue reading Polkadot Review – Your Ultimate Guide to the Blockchain of Blockchains
With steady growth in the NFT market, all marketplaces are flooded with buyers, sellers, and creators. One such marketplace where you can get millions of NFTs is OpenSea. This OpenSea review guide will tell you every little thing you can do on this platform. In the end, you’d be able to create your own NFT if you’re an artist or buy NFTs via OpenSea marketplace if you’re a seller.
Continue reading OpenSea Review – One of the Largest NFT Marketplaces Worldwide
This Coinbase review will help you learn everything there is to know about one of the household names in the crypto sphere. It’s one of the biggest cryptocurrency exchanges in the world and was the first crypto-related company to be publicly listed on NASDAQ, a regulated US stock exchange.
Consequently, updating our Coinbase review has been some time in the works now. And while there are dozens of such reviews that can be found online, ours is a bit different. We decided that we needed to give more attention to an important aspect of Coinbase that other websites often overlook – the ethics behind its offering.
We will give you a full overview of the Coinbase company and an in-depth look at the products they offer. You will find the usual aspects, such as the features, fees, methods of payment accepted, and the pros and cons of its products. That said, we will also look into whether Coinbase follows the general ethics of blockchain technology.
Continue reading An In-depth Coinbase Review and Everything You Need to Know
If you have been spending time in and around the cryptocurrency industry for a while, especially in the Ethereum sub sector, then you most likely have heard about the names of MyEtherWallet and MetaMask. It is quite possible that you may have also used their services as well.
To summarize, MyEtherWallet and MetaMask are two of the most popular ways to store and access Ether (ETH) as well as other Ethereum-based tokens and cryptocurrencies, such as those created on its ERC-20 standard.
Continue reading MyEtherWallet vs MetaMask – Everything You Need to Know