The Rise of eCommerce in the Metaverse

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The Metaverse is confusing, there’s no doubt about it.  Lots of companies are throwing the term around, using it to describe what they are doing, or just trying to figure out how it fits into their business model. One thing, however, is certain. The metaverse will change the face of eCommerce and has already started doing so.  What is the “Metaverse”? The term “metaverse” first appeared in the 1992 novel “Snow Crash” but recently came to mainstream popularity when Facebook announced a change in name to “Meta”. As a result…

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What Is DeFi? A Beginner’s Guide

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These days, it seems like everyone has an opinion on cryptocurrencies, the blockchain, and “DeFi,” especially crypto investors. Unfortunately, not many people fully grasp DeFi, let alone understand it enough to explain how it works or how it benefits enterprises like yours. If you’re on the fence regarding DeFi and aren’t sure whether you should jump in feet-first, you’ve come to the right place. Today, let’s break down DeFi in detail and explore how it can benefit your small business in the years to come. What Is DeFi? In a…

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Cryptocurrency List: Price and Market Cap Chart

Cryptocurrency is the cash of the future. But which cryptocurrencies should you pay attention to? Everyone knows about Bitcoin at a bare minimum, but there are thousands of different digital coins available, and more are being created each day. Even if you have some experience in the crypto market, it can be tough to know which cryptocurrencies are most worth your time and attention or to understand which coins are most likely to be valuable in the future. Let’s break down the top cryptocurrencies to pay attention to. Bitcoin –…

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What You Need to Know About Gas Fees

What is gas? Gas is a transaction fee paid by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. There are two main components: Gas Price and Gas Limit. Gas Price – The price per unit of gas is denoted in small fractions of the cryptocurrency Ethereum, called GWEI. GWEI is equivalent to ETH in the way that a penny is equivalent to the dollar; it is the smallest denomination of the currency.  Gas Limit – Gas limit refers to the maximum…

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CoinPayments Integrates Gift Card Purchases Onto Platform

One of the ongoing narratives for cryptocurrencies is that there is no practical use for them in the retail sector, citing slow transaction confirmation times at checkout and price volatility risk for merchants as primary factors. While this may have held true during the early days of cryptocurrency adoption, many of these issues have been resolved with the creation of tokens with near-instant confirmation times, or tokens that are pegged 1:1 to fiat currencies. Nonetheless, the status quo still believe there is inherent risks in paying with and/or accepting cryptocurrencies…

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