Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


How Web3 and Web2 Writing Are Different

9 Jun 2023 7 minute read 0 comments Allen Taylor

I think we've all heard the news already. Web3 is an improvement over Web2. I won't belabor all the same points. Rather, I have a different approach in mind with this topic. My question is whether writing in the Web3 ecosystem is any different than w...

Why the SEC Is Trying to Kill Crypto, and Ethereum Has a New NFT Protocol

7 Jun 2023 4 minute read 12 comments Allen Taylor

The U.S. Securities and Exchange Commission (SEC) has formally sued Binance and Coinbase, accusing both companies of violating securities laws. Coinbase is on the record as saying it is prepared to defend itself against SEC allegations all the way to...

May 2023 Web3 Social Media Earnings

2 Jun 2023 9 minute read 10 comments Allen Taylor

If you're a collector, you'll want to collect this historical keepsake. Only 3 available. Last month was a month of experimenting, primarily with two platforms that are new to me. First was Mirror. The second was Paragraph. Mirror is a platform that...

How Bitcoin Bridges Ethereum NFTs to Ordinals, and the Rise and Fall of Metaverse Land

31 May 2023 5 minute read 3 comments Allen Taylor

BRC-721E launch will bridge Ethereum NFTs to the Bitcoin network. To date, 10 million Ordinals have been inscribed. A new Ethereum protocol should help the blockchain scale. Roger Ver, aka Bitcoin Jesus, says Ethereum is the leader in global crypto a...

A Deep Dive Into the Benefits of Web3 Publishing

26 May 2023 7 minute read 2 comments Allen Taylor

More than any other technology before it, the World Wide Web opened up tremendous opportunities for content creators of all types. Initially, writers had the best prospects for Web publishing. It wasn't long before graphic and visual artists joined t...

Bitcoin Ordinals: Having Passed Solana, Will BRC-20 Tokens Now Kill Ethereum?

24 May 2023 4 minute read 13 comments Allen Taylor

Bitcoin passes Solana and becomes the second most popular blockchain for NFTs. Is Bitcoin the latest Ethereum killer? Bitcoin Ordinals have certainly changed the game for bitcoin. Until now, BTC has been seen primarily as an electronic cash alternati...

3 Entrepreneurs Who Will Really Profit From the Growth of Web3

19 May 2023 7 minute read 2 comments Allen Taylor

It should be pretty clear by now that Web3 is on its way. You don't have to like it, and you certainly don't have to love it, but you should be prepared for it. Those who are prepared for it stand to reap the most gains. In fact, there are three type...

Are Ordinals Making Bitcoin As Bad As Ethereum?

17 May 2023 4 minute read 12 comments Allen Taylor

Have Ordinals turned Bitcoin into something worse than Ethereum? This is kind of a funny predicament. On one hand, bitcoin maximalists have a point. Ordinals have driven up network fees and turned the blockchain into a spam pit. On the other hand, it...

Only 6 Days Left to Get This Unique Web3 Offer

15 May 2023 1 minute read 0 comments Allen Taylor

Long-time followers of mine know that I’ve been writing for the Web since the 1990s. And I was a writer a long time before that, before there was even a Web. For that reason, I don’t call myself a Web3 writer even though I have begun exploring Web3 w...

Will the Real Ethereum Killer Please Stand Up?

12 May 2023 4 minute read 20 comments Allen Taylor

Let's Make History Together If you haven't seen the announcement yet, on May 22, I'll be launching Paragraph's first NFT token-gated book launch using a Mirror NFT as the token. In fact, it will be the first NFT book launch on Paragraph. You can get...