NFT ecosystem

Solana’s Web3 Revolution: Shaping the Future of Decentralized Internet In 2024 Web3, the next evolution of the internet, is reshaping the digital landscape with decentralized, interoperable, and user-centric experiences. At the forefront of this transformation is Solana, a high-performance blockchain platform. This article explores the pivotal role Solana plays in the Web3 ecosystem, delving into its technological features, applications, and the impact it holds on the future of the internet. Understanding…

In October 2021, Bengaluru-based blockchain developer Ramesh Gopal aka Mike Blue bought Illuminous Showstopper, a non-fungible token (NFT) linked to a sketch by designer Manish Malhotra of a couture piece he had made for actor Kareena Kapoor Khan. It cost Gopal over 3,000 WRX, the native token of the cryptocurrency exchange WazirX, which came to about `2.2 lakh then. It was like owning a piece of history, says Gopal. “It was probably the first fashion-themed NFT drop in India,” he recalls. This NFT — a digital certificate…