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Jul 29

Adidas vs Nike: The NFT Proxy Wars.

Who doesn’t love a good rivalry? McDonald’s & Burger King, Coke & Pepsi, British Airways & Virgin Atlantic, Barcelona & Real Madrid facing off in El Clasico, Manchester United & Liverpool’s fiery clashes, and Australia & England competing for the Ashes may spring to mind. Alternatively, DC Comics and Marvel Comics have been locked in an 80+ year battle to control the comics space. And then you have Adidas & Nike. Two juggernauts who for nearly 6 decades influenced sportswear and shaped the cu...

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Adidas vs Nike: The NFT Proxy Wars.

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The Great Migration: Proof-of-Work to Proof-of-Stake

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What's on the Otherside?

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We are making high gas fees disappear.

It’s about time. Introducing Fair.xyz

It’s about time. Introducing Fair.xyz

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What is a smart contract?

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Jul 20
What's on the Otherside?
On the 16th of July 2022, 4,500 users - better known as “voyagers” - from across the globe, took part in what is being dubbed The First Trip. And no, we’re not talking about your first heavy weekend in Berghain. Where did they go you ask? Otherside - a Metaverse forged by Yuga Labs, the company behind NFT franchise, The Bored Ape Yacht Club. So what makes Otherside and this event so significant? And why should non-crypto heads be paying attention? Let’s dive in.The Technological Break-through...
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Jul 14
ANATII: THE FIRST MUSIC COLLECTION ON FAIR.XYZ
“What is an NFT?” asked the NFT platform for the millionth time. We’re not particularly fond of beating dead horses but the answer(s) to that question continues to evolve and intrigue us. With the march towards mainstream adoption of NFTs pressing on, we’re looking at its application within the music industry, particularly with one of South Africa’s most highly regarded and celebrated rappers, ANATII. Before we pat ourselves on the back for launching the first-ever music NFT through Fair.xyz,...
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Jul 1
What Does the Falling Price of ETH Mean For Creatives?
If you’re a creative from any background, you’ll know all too well the issues with monetizing your work. In an ever-evolving industry, staying ahead of the curve and standing out from the crowd is one way to ensure you’re giving yourself the best chance. When the second iteration of the internet arrived, creatives took the opportunity to connect, market themselves, and showcase their work. Instagram for example is one such tool that helps creators connect with fans of their work and even reac...
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Jun 16
Fair.xyz is off to NFT-NYC 🗽
If you follow us on Twitter (@fairxyz) you might have noticed that we are just a tad excited about setting sail next week to attend the globe’s biggest and greatest NFT conference, NFT-NYC. While this is not the first conference we’ve attended, this one is certainly, as most people put it, the ‘Super Bowl’ of the NFT calendar. And just like the actual Super Bowl, an event like this is about so much more than just the game (/conference) itself. It’s about the hype, the crowds, the news, the ce...
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Jun 16
The Great Migration: Proof-of-Work to Proof-of-Stake
This week, the Ropsten Testnet network successfully migrated to proof-of-stake (PoS), meaning we are one step closer to the much-discussed Ethereum Merge. What does this all mean? And what impact will it have on NFTs? As usual, we’ve got the answers. No jargon, just the good stuff. Previously, we discussed Blockchain validators in our ‘What is Blockchain?’ entry. https://mirror.xyz/fairxyz.eth/XB21l8eBtGv6nIHR_xJZhKVX152Q2xHNiDO34YBoNKM Long story short, writing data on the Ethereum blockchai...
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Jun 6
What is blockchain?
What is Blockchain?Blockchain has developed a reputation as one of the many elusive Web 3.0 terms that people out of the loop can’t quite wrap their heads around. Does anyone actually know what mining crypto means? Demystifying the NFT space means understanding terms like blockchain.ImmutabilityAt its root, a blockchain is a system used to record transactions (for example, buying cryptocurrency on an exchange). Think of it as a bank statement that doesn't just log and display your transa...
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May 19
What is a smart contract?
What is a smart contract?Smart contracts are an integral part of NFT infrastructure - without them NFTs cannot operate. They are made up of code that allow the storage and display of information, visible to anyone, as well as the execution of pre-defined transactions. Following from the nature of blockchain, smart contracts are immutable, meaning they can’t be changed. If a smart contract is published containing code errors, it will remain that way forever. Smart contracts are used to determi...
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May 10
What is an allowlist/pre-sale access?
In the world of NFTs, allowlists are a fairly straightforward concept but to really make sense of allowlists, we first have to turn our attention to the ‘gas fee’ issue. What is a gas fee I hear you ask? It’s the name given to transaction fees in the NFT space. They exist as a sort of compensation for the computational energy required to carry out transactions on the blockchain. It’s similar to the processing fees that certain credit cards charge when used to send money or pay bills. To break...
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May 9
We are making high gas fees disappear.
Ever since we entered the NFT space, we identified terrible minting experiences as one of the biggest pain points for NFT Collectors. We’re here to solve that. As it stands today, it is virtually impossible for a new user in the space to fairly participate in a popular mint. There are 2 ways to win: (1) plenty of liquidity to use on gas, or (2) to be a smart contract wizard. The current amount of friction to mint for a new user makes mainstream adoption of NFTs unfeasible - it's just too...
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May 6
What is an NFT?
Unless you’ve been living under a rock for the past 18 months, you’ve probably heard the term ‘NFT’. After all, it was Collins Dictionary’s word of the year in 2021. Big moves. Whether you’re a Collins Dictionary reader, have seen it pop up whilst scrolling through Twitter, or from that one friend at the pub who reckons they’re Warren Buffet reincarnated, it’s getting hard to ignore the buzz around NFTs. Despite the buzz, there’s still a great deal of confusion which begs the question, what e...
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Mar 25
Introducing the first-ever government-backed NFT - Ukraine + Fair.xyz
Looking back at the developments and horror that took the world by surprise last month, the importance of transparency and information has become obvious. Censorship, misinformation and miscommunication lie at the heart of every media-driven campaign, with real impact on the life of civilians suffering the consequences of the day-to-day under armed conflict. It is our belief that the blockchain can change that - introducing Meta History. Writing Meta History Meta History (MetaHistory.gallery)...
It’s about time. Introducing Fair.xyz
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Mar 25
Following the explosion of any new technology, the time always comes where infrastructure begins to lag demand. Gas wars, failed transactions, vulnerable contracts, malicious actors, scams and rug pulls - in the past year, the Web3 space has seen it all. But we’ve also had great victories: NFTs have shown the world the power of community, and the importance of the voice of the many and the one. We’re here to bring infrastructure up to speed, for everyone. At Fair.xyz, we are creating a new NF...