Well now, here we are again for today’s late-ish work experience blog post of Doom and Despair! What fun we shall have, ladies and gents. Anyways, for the most part what I did was collect a lot of articles (that I still need to read through, for the most part) and research Cardano, Wax , and OpenSea a bit more.
So what are those three things?
- Cardano is another market for selling NFTs. It was founded by one of the cofounders of Ethereum after he split from the company following a dispute with one of the founders over making the company for-profit (the split guy wanted it). Cardano is proof-of-stake, and uses Ada instead of Ether.
- Wax is a different market. It uses proof-of-work and is mostly designed to be more energy efficient than Ethereum and Bitcoins, despite using Ether as well. As well, it’s targeted more at gamers through partnerships with Capcom and Atari
- OpenSea, finally, uses Ether and proof-of-work. It’s big selling point is that it you can make items for free, though you need gas money to actually sell them.
And that’s the three markets. See you next time!