If you’ve been following the cryptocurrency market lately, you’re likely aware of the fact that Ethereum has made a 30 percent jump in recent days, marking a two-month high value, and shocking the overall crypto market. The price of Ethereum is $3,727.51 at the time of this writing, though that figure is obviously subject to change as the market continues to fluctuate. Given that ether has been all over the news in recent days, it’s only fair to assume a number of fresh eyes have been placed on the world of crypto investments . So, let’s unpack what exactly Ethereum is, how it works, and examine the factors which led to this week’s historic leap. Furthermore, we’ll examine trends in the market and see if we can construct a comprehensive outline of where the decentralized currency will climb in the coming years. Without any further preamble, let’s take a moment to dive into Ethereum, its price, and its applications. What Is Ethereum? Like other hot cryptocurrencies on the market,...

Getting to the money is an idea that most people can get behind. From becoming a social media influencer to navigating a traditional job or even jumping into entrepreneurship, people are looking for ways to secure the bag and maximize wealth. One of the ways people are expanding their worth is through investments and alternative forms of traditional currency like cryptocurrency. And although cryptocurrency has become more and more popular, the reality of it still makes people scratch their heads a little bit. While crypto has been around since 2009, it has evolved. The digital currency market is expansive, and conversations around its use and inclusion in everyday life have become increasingly routine. And with such evolution comes questions about its usage and what it means for the future. Even the IRS requires users to claim crypto on their taxes, but it’s categorized as property. With so many uses, how can a person determine the best use of the currency? It is at this...

Three founders combined their backgrounds to launch an innovative technology platform that’s attracting the likes of Savannah and Bronny James.

EquityCoin is not your average company using blockchain technology. In fact, they may be the only company that is not only Black and Latinx-owned but also uses the new technology to combat the homelessness crisis in America — with an ultimate goal to reach $1 billion in wealth in communities of color by the year 2030. In a press release announcement, EquityCoin revealed that their first step to creating equitable and affordable housing using blockchain technology was by creating a digital token. Its next phase of development involves the creation of what they’re calling EquityShare, which streamlines the tokenization process between the prospective unhoused buyer and real estate agents. The transactions will take place on the Ethereum -based blockchain. “By marrying blockchain technology and affordable housing, we will revitalize urban areas from coast to coast, building a more healthy, livable, and sustainable society. It’s not only important to do the work, but also to have the...

Snoop Dogg continues to drop it like it’s hot — and this time, he’s doing it on the blockchain. In a press release announcement, it was revealed that the Doggfather — who recently made headlines when he purchased Death Row Records — has partnered with Gala Games to bring his music to his fans in a whole new way. “If anything is constant, it’s that the music industry will always be changing,” said Snoop Dogg in the press release announcement. “Blockchain tech has the power to change everything again and tip the table in favor of the artists and the fans, and we’re going to be right at the front of the pack with this Gala Music deal.” His new album “BODR (Bacc on Death Row)” was released on the blockchain as a Stash Box of NFTs on Feb. 9 at 4:20 p.m. PST on the new Gala Music store. Three bonus tracks not available anywhere else will also be exclusive to Gala Music. There will only be 25,000 Snoop Stash Boxes, priced at $5,000, available to purchase in GALA. This Stash Box will...

A 22-year-old just became a millionaire by taking selfies. Sultan Gustaf Al Ghozali is clearly starting his year off right. A simple experiment to recreate a time-lapse of selfies over the course of five years led the Indonesian computer science student to become a millionaire, and he can thank non-fungible tokens (NFTs). Surprisingly, the accidental millionaire only ventured into the crypto world because “it might be funny,” according to The Independent. Sultan Gustaf Al Ghozali turned 1,000 selfies, captured from in front of his computer between 2017-2021, into NFTs priced at 0.00001 ETH ($3) on Jan. 10, 2022. “Uploading my photo into nft lol https://opensea.io/Ghozali_Ghozalu ,” Ghozali wrote on Twitter. Uploading my photo into nft lol https://t.co/E3Q4sBmN26 #NFT #opensea pic.twitter.com/rD51rdcpzp — Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022

The culture seems to continue to thrive in the cryptocurrency world. According to Complex, Hip-Hop icon Nas just teamed up with Royal, a blockchain-powered platform that allows fans the opportunity to invest in their favorite artists’ music. Together, they will sell extended versions of nonfungible tokens (NFTs) called limited digital assets, which include streaming royalty rights to two of Nas’ tracks.

Doja Cat is breaking new records and not just in the music arena. As AfroTech previously revealed, the singer has been crypto curious, launching her first non-fungible token (NFT) collection earlier this month with green NFT marketplace OneOf, founded by Lin Dai, Josh James and Adam Fell. “I don’t know that much about NFT’s,” said Doja Cat, according to information previously provided to AfroTech. “But what I do know is that they can be bad for the environment and cost a fortune. Mine won’t. Get over to OneOf.com and check out my first NFT collection now.” In her first-ever auction, the “Need To Know” singer’s single edition crystal token sold to the highest bidder for an impressive $188,888 (Not bad for the crypto newbie). According to iHeartRadio, Doja’s “item served as the largest auctioned item in Tezos history. It even outsold JAY-Z’s auction on Sotheby’s, which went for $139,000.” Plus, Doja is not only the first artist to launch a collection with the platform, she also broke...