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How to Promote Your ICO: 3 Useful Tips

Posted on October 3, 2022December 18, 2025 by Shipra

Initial Coin Offering, or ICO, is a tool for attracting investment that is increasingly popular with companies. The ICO market is actively developing; according to the June report of Coindesk, by the beginning of the summer of 2017 blockchain projects had attracted $327 million with the help of ICO, which was more than the amount invested by venture investors ($295 million over the same period).

However, the authorities of many countries have not yet determined their attitude toward this element, and some major states have already begun to ban ICO. All of this means that those who are considering the implementation of ICO are better off not delaying the release of tokens. We’ll tell you how to draw attention to this process by means of content marketing.

Step One: Announcements in Popular ICO Calendars

The first step being taken by all ICO organizers is to place information about the upcoming release of tokens on special calendar sites. There are many resources where you may publish a schedule of planned ICO platform, and you can search for them. Also, if you use popular blockchain technology (such as Ethereum) for ICO, you should google the calendars that mark the projects that are run on it.

Here’s just a short list of these kinds of ICO calendars:

Coinschedule.com
CoinGecko.com
Cyber Fund
ICOCrowd.com
ICOCountdown.com
ICO-List.com
Tokenmarket.net
TokenSaleCalendar.com

If you have a look at other popular calendars, you’ll see that many projects place information about themselves wherever it’s possible. And this is the right approach because journalists and tech bloggers often create their own lists of “top N of the upcoming ICO for investors” on the basis of calendar data (here is an example of such an article).

Interest Check: Publications in Professional Communities

ICO calendars are great, but publications on these resources do not provide immediate feedback to the audience and don’t help to explain how interesting the project may be for people. Therefore, the logical second step in ICO promotion should be the publication of announcements and links in social networks and communities.

There is no need to engage in mindless spam, a much more effective approach is to publish in thematic communities.

Here are just a few:

Specialized Forums: The most famous is Bitcointalk, where practically all the ICO projects are run.
Thematic subreddits: /r/ethtrader/(~ 84 000 subscribers), /r/icocrypto (~ 9 500 subscribers), /r/bancor/(~ 2 600 readers), etc.
Quora discussions: There are a lot of discussions here about different ICOs, specific cryptocurrencies, and blockchains, in which you can actively participate.
LinkedIn professional groups: There are a lot of groups, for any taste, with thousands of players, and here are just a few: one, two, three, four, five.
Facebook groups: Issues of ICO, cryptocurrencies and blockchains are also discussed on Facebook, (for eg. ICO, Funding, Angels, Seeds, Investors, and Startups).

In many of the listed groups and communities, there are rules that should be followed. But these resources cover hundreds of thousands of people, which opens the door for action (including guerrilla marketing).

The Finish Line: Native Advertising, General Topic Media, and Blogs

After the announcements have been published on the calendar sites, thematic forums, and social networks, it’s time to work with the online media. There are a few different options available. In the first place, you will need a blog to publish news, press releases, and details about your business. Typically, the Medium platform is selected for this purpose.

On one hand, sending press releases to the media is not a bad idea. On the other hand, the number of new blockchain startups and ICO is growing at such a rate that, in our experience, you shouldn’t expect to have a free publication on such resources (or it will happen so late that chances are that the ICO is finished by then).

Therefore, if you are working with media on the cryptocurrency topic, you should also draw up a budget for the promotion of the content. In popular foreign media, prices can go up to tens of thousands of dollars. For example, an editorial board of one of our customer’s projects required $15 000 for an article on ICO. This is one of the main drawbacks of native advertising.

Given this fact, and the fact that blockchains use not only crypto startups but projects from more familiar business areas as well (e.g. digital advertising and food retail), in many cases the costs of promotion in online media in the cryptocurrency segment turn out to be meaningless. Instead, it is possible to write columns in relevant online media, including those on online business — especially as the latter is quite interested in the topic and may accept not only the article but also expert comments.

Conclusion: You Need to Try Everything

An analysis of the ways in which you can promote ICO — from publishing announcements in calendars and social networks to media and blogs — shows that popular ICO teams use all of them. This requires a great deal of effort, so you should plan the promotional campaign in advance: a minimum of 2–3 months is required to prepare announcements, images for social nets, columns, and commentaries for the media and blogs.

If you do not put it on a waiting list and you start the preparation on time, content marketing can be a good tool to promote ICO.

Blog Credits: Medium

Blockchain For Supply Chain Governance

Posted on October 1, 2022December 18, 2025 by Shipra

A robust supply chain provides faster delivery of products and services to customers and thereby reducing bottom line costs for the company. Supply chain management has become an important function of any enterprise. It can be any product an organization manufactures or sells. A trusted supply chain network is vital to keep customers satisfied and meet financial targets that would impact the growth and scale of a company.

The complexities are many and vary from industry and segment. Some industries are involved in the manufacturing of products, some are also involved in retail and endpoint service and distribution of products like automotive, FMCG and Retail. Though cloud and ERP technologies fairly manage the complexities of supply chain activities, there exist challenges related to governance, communication, data management, and collaboration, which could be solved using blockchain. Most importantly, interoperability between systems is missing. Data silos and technology stacks add to the complexity.

How does supply chain management work?

A supply chain is everything in-between sourcing raw materials to manufacturing goods. Supply chain management requires effective systems and processes to visualize information flow, decision making, delivery of goods and service. Their job is not limited to aligning logistics and purchasing inventory. It also covers overall supply chain operations to increase efficiency and reduce the cost. Good supply chain management saves companies from the headlines and expensive recalls and lawsuits.

The following are high level classification of supply chain processes. It can vary from company to company.

Planning

The initial stage of supply chain management is to schedule and plan the activities involved in manufacture of goods and service, organizing and managing all resources needed to fulfill customer demand for a product or service. Effective metrics are needed to communicate the plan and objectives to the different departments .

Sourcing

The complexity of sourcing is evident in companies involved in new product development activities. Key functions of a supply chain sourcing include buying, acquiring, managing inventory, and approving payments to the supplier.

The complexity increases when the supply chain is situated globally, when the manufactured parts, bought-out items are sourced from different locations due to cost factors, resource availability or competence. The complexity also changes in terms of batch quantity and total volume of production. Logistics and transportation is also linked to volume and complexity of the product ( Heavy parts, fragile parts, assembly of complex parts). Supplier development is another beast of a problem. It involves facility, machinery, knowledge, supply chain of suppliers, location and many more. The complexities of communication, inventory management, data exchange, data management changes according to all the above factors. Most importantly, inter departments communication and data exchange calls for its own problems. Although Cloud, PLM, PDM, SAP ERP and digital solutions have helped companies, the problems are far from over.

Manufacturing

Manufacturing engineering systems of today fairly manage the activities, helping all the different stakeholders interact and share data to deliver the goods and service. The problems occur when there are globally distributed suppliers and support teams involved in exchange of data. Internal collaboration and communication between R&D, production, sourcing, finance purchase and logistics teams are often chaotic and time consuming. Suppliers and vendors add to the complexity when it comes to communication. Auditing of the process, traceability of data exchange for historical information is often a problem. Due to different technology stacks, layers of disconnected communication happen upstream and downstream, which creates chaos and a lot of non value added activities like over processing, unwanted motion, defects and waiting time. Only if there could be a governance layer to communication and collaboration linked to business metrics and customer metrics, could any company manage the supply chain effectively. This is where blockchain helps large and medium enterprises. Blockchain connects all the stakeholders, automates tasks, notifications, metrics to deliver efficient governance. It works across technology to bring interoperability between systems. It improves data security and traceability of data across the supply chain, making it an efficient tool for governance.

Delivery and Logistics

Logistics and transportation costs are a growing problem impacted by government policy, regulation, warehouse and distribution challenges, inefficiencies of modes of transportation – road, rail, water and air. Companies have understood the need of a comprehensive technology stack involving Telematics, telecommunication systems with 5G internet that can redefine the future in logistics.However, a layer of IoT enabled blockchain can help improve efficiency in the hub and spoke model, improving governance, exchange of information and communication.

Accounting

This is the backbone of every financial transaction. Accounting measures the expenses and costs of the individual process when all the products are delivered. It also guarantees regulatory compliance and enables supply chain managers to gain insights into overall performance with real-time data.

Human Resource

Human resource management is an important piece of supply chain management. It involves resource allocation ( contract and full time), timely management of payrolls, performance tracking, and working closely with leaders and managers to achieve desired metrics. The communication between HR leaders, managers and partners happens using HR tech, just like Fintech for Finance. All these different techs add to the complexity in terms of communication, metrics and data silos, impacting productivity and efficiency of the supply chain. Blockchain helps in bridging these gaps effectively through its smart contracts.

Retail/Pre-sales

After market and retail is one big ocean by itself often detached from the rest of the supply chain, having its own technology and process needs. In the automotive industry, the data silos are a cause of concern – The aftermarket retail and service centers have their own process and mechanisms to govern the operations which are disconnected from the rest of the supply chain activities resulting in inefficiencies!

Why do businesses need competent supply chain governance?

40% of supply chain supervisors declared data sharing and integrity across their supply chain challenging, and the challenges have never been greater. Disruptions in supply chains drive increased costs and, more importantly, loss of revenue. These disruptions are exacerbated by inefficient processes that rely on neither timely nor trusted data.

Enterprises want supply chains to be transparent, resilient, and agile to handle various shocks from lockdowns and economic slowdowns. Blockchain compels trust, clarity, and accord across all stakeholders as an element of your supply chain technology. It maximizes flexible business outcomes while benefiting each participant.

How is blockchain exceptionally suited for Supply chain governance?

Modern supply chains manage data, services and communication in silos. Modern supply chain management systems are geared up to be efficient and not there yet. The missing link is the governance across systems. Supply chain management integrated with blockchain leads to better product and service quality, timely delivery, reduced expenses, engaging customer experience, and increased profitability.

Effective blockchain integration can increase the value of the supply chain cycle through:

Forecasting delivery problems and inventory shortages

When the number of product orders exceeds the manufacturing capacity or the delivery capability, the buyer can raise concerns about poor service or untimely delivery. Integrations of IoT blockchain enables data analysis, prediction and preempted governance modules for stakeholders, which allows supply chain managers to anticipate the shortage of deliverables before the buyer feels disappointed.

Dynamically optimizing price

Most of the manufacturing consists of seasonal products with a limited shelf life. After their seasons’ pass, these products are of no use and typically get scrapped or sold at lower prices at the end of the season. Many industries, including airlines, and hotels, adjust perishable “products” prices dynamically to satisfy the market. Blockchain with a layer of analytic tools can solve this problem; by forecasting and minimizing surprises, with timely delivery of goods and service.

Improving the redundancy in delivery and inventory

Blockchain enables supply chain managers to allot resources dynamically and organize the manufacturing and other processes based on the actual orders, sales forecast, and promised delivery of raw materials. Manufacturers can guarantee a fixed product delivery date when the order is placed, as all the logistic and inventory data is simultaneously available for monitoring — significantly reducing incorrectly-placed requests.

Connected to everything

Blockchain can easily access unstructured data from social media, structured data from the Internet of Things (IoT) devices, and more conventional data sets unrestricted through ERP and B2B integration mechanisms. It can also confirm the taking off of shipping and delivery of products through GPS and other sensors.

Collaborative ecosystem

Blockchain improves cooperation with suppliers and other intermediaries by sharing available data. It integrates with increasingly growing cloud-based commerce portals to enable multi-enterprise collaboration and engagement for better delivery of products and services to their consumers.

Cyber-aware

Blockchain allows users to access encrypted data, only available to members of the respective network. It hardens the supply chain systems and protects them from cyber fraud and hacks, an enterprise-wide concern.

Cognitively enabled with new gen technology

The blockchain can also utilize AI platforms to enable the modern supply chain to collate, coordinate, and conduct decisions and actions across the chain. Most of the supply chain functions get automated and processed with self-learning.

Comprehensive

Blockchain analytics capabilities are scaled with data in real time. Insights become thorough and fast. Latency is completely reduced or eliminated as data connectivity among blockchain participants is available on the corner.

SoluLab is working with large and medium enterprises to solve their supply chain problems, reduce bottomline, scale business, and improve profit margins. Contact us to know more.

NFTs on Instagram and Facebook: How to Show Off Your Digital Collectibles

Posted on September 30, 2022December 18, 2025 by Shipra

Instagram began testing non-fungible token (NFT) sharing on its platform in May 2022, allowing select U.S. users to connect to their digital wallets and showcase NFTs that they either created or bought. Instagram wrote at the time that it was focused on improving its user experience by creating more monetization opportunities and bringing NFTs to a broader audience.

In August 2022, the social media platform expanded its testing to 100 countries across Africa, Asia-Pacific, the Middle East, and the Americas, and added support for Coinbase Wallet and Dapper Wallet. Meta Platforms, Instagram, and Facebook’s parent company, also started testing the feature on Facebook.

In Sept. 2022, Meta rolled out the ability for all users in the U.S. to be able to connect their digital wallets to either app and be able to share their digital collectibles across both platforms. “Additionally, everyone in the 100 countries where digital collectibles are available on Instagram can now access the feature,” Meta noted in their update.

If you’re able to access the feature and want to show off your NFTs, here’s how it works.

What does having NFTs on Instagram or Facebook mean?

The new NFT integration allows users to connect to their digital wallets and choose which NFTs to share with their followers. This feature sort of functions as a digital art gallery and the NFTS you own or have created can be pinned to your feed next to your other images.

Once a user posts his or her NFT image, the platform adds a shimmery effect to the image and displays public information about the NFT, like a description of the collection, piece, or tagging the creator. The shimmery effect functions similarly to the hexagonal profile pic on Twitter, visually indicating authenticity and ownership over the asset.

Both the creator and collector can be automatically attributed in-feed, another function meant to help track the authenticity and ownership of an NFT. Meta says there are no fees associated with sharing a digital collectible on Instagram or Facebook.

As of August 2022, the platform didn’t support buying and selling digital collectibles.

The integration is part of Meta’s company-wide exploration into Web3 technologies, which it says is aimed at expanding access, reducing costs, and accelerating innovation as it expands its metaverse ambitions. In March 2022, CEO Mark Zuckerberg teased wider NFT integrations across the company’s sites, like augmented-reality NFTs that can be shared on Instagram stories, and the ability to mint NFTs from Instagram.

How to post your NFT to Instagram

If you’re not in the U.S. and looking to see if the feature is available to you, the best way to tell if you are in the test group is to check if the “Digital Collectible” option is available to you as shown in the screenshot below.

Currently, users are allowed to connect to third-party wallets, including Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet. The blockchains it supported as of August 2022 were Ethereum, Polygon, and Flow, with Solana to be added in the future.

Users can connect their digital wallets to the platform by visiting the “Digital Collectible” menu. Once there, a notification will open on your screen taking you through the next steps of connecting to a wallet. You can also connect additional wallets to your account by clicking the “Add Wallet” button. Wallet connection is a one-time authentication, and Meta says it doesn’t “publicly surface” your wallet address.

Next, users can view all of their NFTs and share them as a post. Similar to sharing any other post on Instagram, users can tap the plus sign at the top of their screen and then select “Post.” A special verified checkmark will appear above your phone’s library, which will allow you to select any of the NFTs in your wallet. You can add a description to the selected NFT before sharing it with your feed.

When you share your digital collectible, you will be tagged as the owner or creator of that collectible. Instagram confirms ownership of the blockchain address associated with the collectible to authenticate ownership. Users can discover your digital collectibles in-feed, on your main grid, and through the platform’s Explore page.

Ways to monetize NFTs on Instagram

Connecting your wallet to Instagram may be a good way to show off your NFT collection or creations and verify their authenticity. The move follows other social media platforms like Twitter and Reddit that have recently added NFT functionalities.

As of August 2022, users couldn’t use certain tools like Collab posting, fundraising, location tagging, and monetization features like branded content and boosting that traditionally help content creators make money. The main opportunity regarding monetization was to use Instagram NFTs as an additional way to market or build hype for an NFT collection.

The platform might make it easier to mint or transact with digital collectibles, possibly expanding its Shop functionality. As of August 2022, the limited feature was mainly being used like an NFT trophy case by a small group of testers.

Blog Credits: CoinDesk

The Use of NFTs in the Sports Industry

Posted on September 30, 2022December 18, 2025 by Shipra

The Use of NFTs in the Sports Industry

NFTs are non-fungible tokens that exist on a blockchain. At their core, they are digital collectibles. Digital collectibles are a staple of the sports industry. Collecting sports memorabilia has been a popular pastime for many and more than 66 million people globally have bought at least one sports collectible. Market Decipher says that the sports memorabilia industry will be worth $227.2 billion by 2032.

The NFT market is also growing and was valued at $41 billion at the end of 2021. Deloitte predicts that the sports NFT market will be about $2 billion in 2022. Any sports collectible either has already evolved or could evolve into a digital form, creating huge revenue opportunities for leagues, teams, or athletes.

What does evolution look like?

The evolution could dramatically expand collectible options and revenue streams. Many organizations already are collaborating with NFT companies to build digital trading cards. One possibility is to monetize archives by offering collectibles or media of athletes before they were famous. Teams are also expanding the market by offering ticket stubs of popular or special games as NFTs.

The potential

Up to five million sports fans will receive or buy an NFT this year, according to Deloitte. NFTs can provide a variety of marketing benefits for athletes, teams, or leagues in any popular sport. For example, they can provide additional revenue streams and improve fan engagement. NFTs also can help re-enforce the brand and nurture long-term fan relationships. In some uses, NFTs can help boost ticket sales to sports events.

Football and Soccer

Here is an example of using football.

Football revenue has been dropping over the past couple of years, which has led to the exploration of digital opportunities. These federations and leagues are discovering that NFTs can represent various items, including jerseys and footballs. Football-related NFTs also are being integrated into virtual games, which provides a revenue stream and, in turn, makes the collectible even more popular.

Further, The Football Company (TFC) has created an app-based play-to-earn football blockchain game. The global game is accessible even to those who have little crypto knowledge. The new game and its virtual NFT merchandise are enabling football leagues, teams, and sports brands to reach a previously untapped fan base.

TFC replicates real-world items in 3D on the blockchain. It also invents new items and schemes. For example, fans can buy a relatively inexpensive football shirt and become part of a club, increasing their engagement and loyalty.

One German Football League (DFL) has just signed several two-year partnership deals. One deal gives OneFootball the right to create collectible digital trading cards and videos. Another deal grants Sorare exclusive rights to use NFTs based on the league’s players in a fantasy game on the blockchain. The third deal with Topps will continue until 2028/2029. It gives Topps the right to create physical digital stickers and a trading card game and NFT equivalents.

Baseball

NFTs are also making a difference in other sports. For example, Major League Baseball has formed a partnership with Candy Digital to launch a new collection of dynamic NFTs. The collection will feature 720 players and NFTs will have varying levels of scarcity. The collectibles will include daily updates of the players’ stats throughout the season. Officially licensed videos will also be added as the season continues.

NASCAR

NASCAR has partnered with Candy to produce race-day NFTs. NASCAR also partnered with the WAX blockchain to launch an NFT collection of the Daytona 500 race. NASCAR and Candy produced only 500 NFTs and limited them to ticketholders.

NASCAR emailed its 25,000 Daytona ticket holders with instructions to download a WAX digital wallet to enter the contest to receive one of the NFTs. NFT winners had a further opportunity. Their names were put into a draw to win one of five autographed drivers’ helmets.

NASCAR’s 2021 season was the least-watched on TV. Ticket revenues also were down. The strategy to drop an NFT collection only to ticket holders may create a sense of exclusivity and promote further engagement in the sport.

Basketball

The NBA and NBPA also have launched dynamic NFTs that will evolve based on players’ performance throughout the season. The more accomplished the player is, the more the NFT will change.

In April, 18,000 NFTs were minted from NBA Playoff participants. About 2,000 went to Dapper Labs’ NBA Top Shot NFT owners, the rest were issued to those on a special “allowed” list. Fans qualified for the list by being early joiners of the NBA Discord group and connecting their wallets to its website. The list filled up almost immediately.

Golf

The PGA has partnered with Sorare and Autograph for NFTs. In that arrangement, players earn revenue based upon the performance of NFTs with their likeness.

Collegiate sports

The NFT market isn’t just lucrative for professional sports. Marketplaces are also available for collegiate sports.

Want to be a part of the sports NFT action?

Sports organizations and lifestyle brands can all capitalize on the sports NFT market. NFTs can be used to drive engagement through loyalty programs or by expanding and digitizing merchandise and game clips. Companies can also capitalize on unique moments of sports history or individual team highlights with video or by creating NFTs of tickets from those events.

Not only can you create new revenue streams from the sales of the NFTs, but you can also increase fan camaraderie and enhance your team or league’s value in the market.

Blog Credits: Medium

Top 25 Agritech Startups Using Blockchain to Revolutionize the Agricultural Industry

Posted on September 30, 2022December 18, 2025 by Shipra

The global Agritech industry is huge and constantly getting bigger in size. Moreover, the demand and the requirement for better agritech solutions are at their peak. Blockchain technologies, however, are set to play a huge role in the agritech industry. Automating, protecting and managing tasks can be done with blockchain-enabled Smart Contracts and IoT-enabled blockchain systems. Undoubtedly, the agritech industry is positive on the agritech industry.

In this blog post, we’ll be discussing the top 25 Agritech startups using the blockchain industry, improving and automating their process. This discussion will be precise and easy, making sure every point discussed is easily comprehensible. Stay tuned!

1. AgriChain

AgriChain

AgriChain (previously BlockGrain) is a simple-to-use, secure, independent software platform that automates the integration of all supply chain participants.

AgriChain’s vision is to be the largest industry-wide platform for managing the agricultural supply chain; connecting sellers and buyers, providing full paddock-to-plate traceability, and allowing bulk logistics companies to manage and grow their operations.

2. AgriDigital

AgriDigital

AgriDigital is Australia’s leading independent digital grain software. That is building the data and capital infrastructure agricultural businesses depend on. Your inventory, data and access to supply chain finance, are all in one place. AgriDigital connects you with your network, from farmer to consumer.

3. AgriLedger

AgriLedger

AgriLedger is transforming the agricultural supply chain with their advanced enterprise blockchain platform in combination with AI and IoT to increase transparency, fair pricing, and access to capital in every touchpoint in the value chain

It works with financial institutions to track, record, and implement contract information that securely allows for the provision of working capital facilities for communities. The traceability of food from farm to table enables AgriLedger to contribute to the progress of ESG goals.

4. Ripe.io

Ripe.io

Ripe.io is transforming the food supply chain by enabling data transparency and transfer from farm to fork to answer what our food is, where it has been and what has happened to it. We’re exposing the journey of our food to create new analytics, automation, and business models through blockchain technology and the Internet of Things.

5. TE-FOOD International

TE-FOOD International

TE-FOOD is a whole-chain traceability solution, covering all logistics and food safety activities and data management of the supply chain. It provides cost-effective software and identification tools to make livestock and fresh food supply information transparent.

Currently, TE-FOOD implementation in Vietnam is one of the largest traceability systems in Southeast Asia.

6. Fyllo

Fyllo

Fyllo brings farms to your palms by installing field devices and actions on top of this data. Based on real-time data and insights, fyllo helps farmers to make precise decisions and increase farm productivity.

7. POSHN

POSHN

Poshn empowers the producers, mandis, and wholesalers to take their stores online thereby expanding their reach and giving them visibility. Our platform provides seamless discovery of and transactions for the wholesale agri-market. We also assist buyers/sellers with logistics and offer flexible payment solutions.

8. Otipy

Otipy

Otipy is India’s Fastest Growing Community Group Buying (CGB) player, which delivers handpicked farm-fresh vegetables and fruits directly from the farm to the consumer’s doorstep in about 12 hours, through a community of resellers (mainly women) with only 2 touch points involved. It focuses on harvesting according to predicted demand, to keep minimum wastage through state-of-the-art technology used for procurement, distribution, and delivery.

9. Arya.ag

Arya.ag

Arya.ag is India’s leading Agritech which has been working at the farmgate to strengthen agriculture value chains through its integrated range of services. Driving technology through a human-centered approach. Arya assists sellers of agri-commodities to avoid distressed sales of produce by extending post-harvest credit.

10. Covantis

Covantis

Covantis is an initiative to replace outdated, inefficient post-trade processes with modern solutions. We are building a secure digital platform that will minimize your operating risks while increasing market efficiency for the entire commodities trading and shipping industry.

11. CyStellar

CyStellar

CyStellar is a big-data analytics and decision-support company. Through its cloud-based data fusion platform, CyStellar improves data-driven decision-making and predictive analytics for the precision agriculture, logistics, and insurance sectors. AgTech software solutions for precision agriculture, crop management, variable-rate irrigation and fertilization, and pest management.

12. Shamba Records

Shamba Records

Shamba Records is an ag-tech company that digitizes the agriculture sector in Sub-Saharan Africa. We do this by providing software and hardware solutions. Its tool is a real-time data collection tool that collects farmer’s production data, links it to the aggregation centers, and finally to the market. Throughout that process, the company automates farmers’ payments, credit scoring, credit issuance, market linkage, and agriculture remote extension services.

13. Ucrop.it

Ucrop.it

Ucrop.it, agricultural fintech leverages blockchain technology certainty certification to connect medium-sized growers with investors for sharecropping production and achieve improved gross margins by means of commercial scale economies and hectares growth.

14. Avenews

Avenews

Avenews is building the first financial super app for the agricultural industry. It brings to the 2.5 million agricultural SMBs across Sub-Saharan Africa the tools that allow them to understand their business better, access capital, manage it, and source all the business services they need – all in one place.

15. Bart Digital

Bart Digital

Bart’s proposal is the use of blocks (the technology behind Bitcoin’s financial transactions) and digital certification (ICP Brasil) to formalize the exchange operations, in a general way and in a more agile and unbureaucratic way, with greater security For the parties involved, because of the traceability that the system allows. (Bitsacas), bringing transparency to the market through an integrated platform between producers, trading, and reselling, and mitigating risks using artificial intelligence, BIGDATA, and market information.

16. IBISA NETWORK

IBISA NETWORK

IBISA builds, distributes, and operates Climate Insurance Solutions for agriculture in a cost-efficient, scalable and innovative way. With an end-to-end platform for insurance actors built to solve the insurability of smallholder farmers, pastoralists, and breeders in the world.

17. GREENS

GREENS

GREENS is an agritech startup that is developing meta framing so people can participate in real farming from a metaverse. It is powered by its proprietary GREENS pod (a web3-based indoor cultivation system in a pod – using AI, IoT, and Blockchain).

Vision: Hyperlocal gastronomy everywhere

Mission: Stop food waste and nourish people

Values: People, plants, and planet

18. Agri 10x

Agri 10x

Agri10x envisions transforming the roots of the global rural economy by integrating the entire agri value chain through a digital cooperative platform by harnessing emerging technologies. Agri10x offers comprehensive digital solutions for every phase of the agricultural value chain and is focused on enhancing the lives of farmers.

19. NagriTech International Distributors Ltd

NagriTech International Distributors Ltd

Natural Agricultural Technologies (NAgriTech) is an organic and nature-minded approach to modern-day sustainable agriculture. Behind the concept is one simple virtue – good and nutritious food must be plentiful, affordable, and growable.

20. AgCode

AgCode

AgCode empowers farming operations with the leading software solution for specialty crops. The company provides the agriculture industry with mission-critical services, delivering unified data and business intelligence to maximize efficiency and productivity. AgCode’s technology and advisors are essential to organizations around the world, serving all high-value specialty crops including vineyards, tree fruit, nuts, berries, and field crops. Relationship-driven since its inception.

21. Agri-TechE

Agri-TechE

Agri-TechE focuses on:

Showcasing new research, technology, and innovation that is of relevance to farmers, producers, and processors
Creating an entrepreneurial culture that fosters the development of early-stage business ideas in agri-tech and brings in new sources of finance
Helping farmers and growers to clearly articulate their priorities and requirements to those within the research and technology communities
Generating interest from non-traditional sources to bring in fresh thinking from other disciplines.

22. Terviva

Terviva

Formed in 2010, Terviva is a food and agriculture company that delivers tasty and nourishing plant-based food ingredients from the Pongamia tree. We provide patented high-yielding trees and offer proprietary bean processing to create the world’s most sustainable oil and protein food ingredients. Pongamia trees restore farmland to productive use, helping farmers feed people while taking care of the planet.

23. Agribazaar

Agribazaar

Agribazaar is India’s leading online marketplace for the trading of agricultural commodities. Our mobile app allows buyers and sellers to directly facilitate trades with full transparency, a secure payment gateway, and zero middlemen interference.

24. DeHaat

DeHaat

DeHaat is one of the fastest-growing start-ups in the Agri Tech sector and one of the very few companies providing end-to-end solutions and services to the farming community in India. We are building AI-enabled technologies to revolutionize supply chain and production efficiency in the farm sector. Currently, we are operating in eastern India – Bihar, UP, and Odisha – with 2,65,000+ farmers in our service network and our goal is to bring our services to 5 million farmers by 2024.

25. Cropin

Cropin

Cropin is a global Agtech pioneer who has built the world’s first purpose-built industry cloud for Agriculture – Crop In Cloud. Cropin Cloud enables various stakeholders in the agri-ecosystem to leverage digitization and predictive intelligence to make effective decisions that increase farming efficiency, scale productivity, manage risk and environmental changes, and enhance sustainability.

Closing Thoughts

The future with blockchain-enabled Agritech technologies is high, as blockchain development and invention efforts worldwide are constant and ever-improving. These startups can be considered pioneers in the Agritech industry and can open doors to technological solutions the Agritech industry never thought of.

Understanding the Place of Blockchain Technology in Real Estate

Posted on September 29, 2022December 18, 2025 by Shipra

Industry experts note blockchain technology will eventually revolutionize all businesses. So far, we have seen undeniable evidence in finance, gaming, logistics, etc. However, news of the influence of blockchain technology on real estate seems to be flying under the radar.

The real estate industry leverages technology but not disruptive measures like others. There is not much that the internet revolution did for real estate compared to other sectors. The situation is almost the same for blockchain technology.

There are empirical paradigm shifts noticeable to the casual audience. So, this article explores between the lines of the news and buzz to comprehensively detail the place of blockchain in real estate.

The current synergies between Blockchain and real estate

Blockchain technology has been in place for a while. However, the technology only became famous in 2009, thanks to Satoshi Nakamoto. Everyone knows the story — of how Bitcoin came to be, subsequently irking the creation of over 2000 cryptocurrencies in existence.

The advent of cryptocurrencies redefined global financial systems, adding an extra payment option to international business. Thanks to cryptocurrencies, transactions are no longer limited to fiat currencies. Instead, you can now make payments in cryptos — to businesses accepting them as payment.

The concept of payments and remittances introduced real estate to the blockchain. The first of such payments was the Texas home bought with Bitcoin in 2017. Several other micro and macro home purchases have leveraged Bitcoin ever since. So far, the largest Real Estate transaction carried out in cryptocurrency was the sale of a Miami building for $22.5 million worth of BTC.

As interesting as these news-worthy activities are, the most significant synergy between blockchain and real estate is Smart Contracts. Yes, more buyers want to pay for homes in bitcoin; however, the surge is only the tip of the iceberg. The several potential Smart-Contract-powered use cases of blockchain in real estate are the real deal.

Smart Contracts aim to simplify complex processes, and we can deploy them in various ways. Some of these include price negotiations, title transfers, etc. The early signs of synergies between blockchain and real estate promise a revamped industry in the next few years.

Blockchain concepts are bound to influence real estate markets

Not all blockchain-related concepts will directly impact the real estate industry. For instance, it is hard to see how NFTs, on their own, can be valuable in the tangible aspects of the industry. However, other concepts like smart contracts, metaverse, etc., could play a significant role in real estate.

Smart contract

These are programs developed and maintained on the blockchain. Thanks to these contracts, solving complex processes becomes easy. Also, a smart contract facilitates the seamless connection between sellers and buyers. The strengths of smart contracts lie in their self-executing abilities. So, there is no need for an administrator for projects, as there are rules and conditions to follow.

Metaverse

The metaverse is virtual and augmented reality built on the blockchain.

Prospects used virtual reality to view properties before the metaverse became a thing. With the metaverse, activities like property tours, interior décor, etc., are carried out and are subsequently executed immediately across all necessary channels thanks to smart contracts.

The metaverse combines different functionalities, culminating in an exceptional ultimate viewing experience. Moreover, that experience is well leveraged in gaming currently.

It is absurd that virtual real estate is fast becoming a thing for folks lacking knowledge of the new economy. With virtual real estate, you can own pieces of digital land and sell them at will. However, beyond the viewing experience, we can only wait to see how metaverse real estate relates to physical real estate. An example of blockchain projects focusing on this area is Decentraland.

Decentralization

If you have heard anything about blockchain technology, it is probably decentralization. Blockchain technology by design eliminates central authorities. For instance, blockchain eliminates the main bodies — banks in financial services.

The traditional real estate industry exists with brokers, banks, lawyers, etc. However, when the use of blockchain in the industry goes mainstream, roles and participation will be affected. Hence, you can eliminate intermediaries. That way, buyers and sellers get more value from the transactions, owing to direct interactions.

Furthermore, the decentralized nature of blockchain accounts for its impressive security. Therefore, if blockchain gains ground in the real estate industry, data transparency and immutability will improve the quality of service.

Tokenization

The tokenization of entities in the industry will aid fractional ownership. Hence, rather than not investing because you do not have all the money, tokens help you own a piece.

As a result, premised activities for maintenance and leasing manifest from collective decisions. However, this comes with a disadvantage; no fractional owners can use the property as collateral to access a loan.

Blockchain technology use cases in real estate

Several companies and sellers now accept Bitcoin as a mode of payment. However, asides from paying for a new house in bitcoin, there are some other cases.

Asset management and real estate funds

Tokenization in real estate refers to digitizing securities, alternative assets, and other financial instruments. For instance, building on Ethereum makes it possible to (custom) reconfigure assets. We can program digital assets to include ownership rights, transaction history, and other regulations based on transactional peculiarities. Hence, there could be a standard for every scenario.

Furthermore, tokenization lowers the operational cost required to bolster creation and proceed with issuing while exchanging assets.

Property management

Managing properties on a large scale is grossly ineffective. Hence, the need to leverage the data sharing of blockchain. When accurately deployed, blockchain has the capacity to:

Streamline rental collections and payments to owners
Provide due diligence across your portfolio.

Urban planning

Many times, during community planning, property development is neglected. Usually, when this happens, the project may be out of place. However, urban community master plans, infrastructure features, educational resources, feedback loops, and other token-powered incentives are simplified when deployed on the blockchain.

So, it becomes easier to drive the community on the same page with these measures in place. On the flip side, personal project owners get to integrate the community’s plans into their projects. By so doing, property value, perception, and sustainability improvements.

Conclusion

Blockchain’s influence on the real estate industry is still developing. However, in a few years, thanks to the number of innovations currently in the works, it’ll be safe to say blockchain rejuvenated the real estate industry.

Blog Credits: Medium

What Could Blockchain Do for Healthcare?

Posted on September 29, 2022December 18, 2025 by Shipra

Even the world’s best health systems are typically fragmented. “You have hospitals, community clinics, general practitioners, specialists, diagnostic clinics, and so on,” says Matt Jackson, who leads blockchain research at Canada’s Institute on Governance.

There are many reasons you might want to give someone access to your medical data. Maybe you just moved to a new city and want to give your new doctor access to your medical history, or perhaps you want to nominate a healthcare proxy in case of emergency or have your prescription sent to your pharmacy.

Some places, like the UK or Canada, have viable national systems for exchanging patient records, but those can be vulnerable to hackers.

In the United States, healthcare comes from a patchwork of private companies, which means the handling of patient data is even more fragmented. John Halamka, chief information officer at Beth Israel Deaconess Medical Center in Boston, Massachusetts, told MIT Technology Review last year that there are 26 different electronic medical records systems in his home city alone.

In 2016, Halamka teamed up with a group of scientists at MIT to try to find a solution to the problem using blockchain. They published their white paper on the subject in August 2016, laying out their proposal for a system that would help all those disparate databases exchange data — a project they called MedRec.

Andy Lippman, a senior research scientist at MIT, co-authored the paper with Halamka. The system they outlined was to use Ethereum software — which, unlike bitcoin, can integrate and execute smart contracts — to build a private blockchain, linking healthcare providers together and allowing them to share their data.

On this blockchain, each of these instructions by a patient creates a specific smart contract on the blockchain that only the patient can cryptographically sign.

Security is one benefit: “Distribution makes the system more secure because there isn’t a single place of attack or failure,” Lippman says.

Medical providers run a program module on their computer to access the database, as instructed by the smart contracts, which are initiated by the patient.

That module does three core things: First, it allows the healthcare provider access to the data when the blockchain is instructed to give it. Second, it executes the patient’s instructions as and when needed, sending data to a pharmacy or a specialist for a referral — assuming the patient gives their consent. Third, the module allocates computing resources to maintaining the blockchain.

Taking Back Control

People close to the blockchain space often like to contextualize it by dividing the internet into three distinct eras.

The first, Web 1.0, is characterized by openness, based on a global consensus as to the mechanism for webpages. “Everyone agrees as a community that we are going to use HTML,” Lippman says, “and your browser can display pages from all kinds of different people, as opposed to one company making webpages one way, another their way.” However, as the internet matured, companies like Facebook and Google monopolized some areas of information — search data, and social data — separating them into jealously guarded silos and databases. This is known as Web 2.0.

The era to come — Web 3.0, according to enthusiasts — will use blockchain technology to allow people to take back control of their personal information, returning the internet to its individualistic roots and breaking the database monopolies.

“The nice thing about medical records is there is no Facebook for medical records yet,” Lippman says. “So maybe we can, in a timely way, do what we’re doing, which is a universal, open, noncommercial design — almost as if we’re designing a web and HTML for medical records.”

“Web 2.0 is when a central authority essentially tracks you, uses that data to help you — and also monetizes that data for themselves by essentially renting the algorithms that result from it to advertisers,” says Diego Espinosa, CEO of Linnia, a startup that is trying to build an ambitious health and lifestyle data-sharing platform on the Ethereum blockchain.

“All of the Web 2.0 giants do that; that’s their business model. So Web 3.0 is: Now we own our data, we have agency over it, and we need permission for others to see it,” Espinosa continues.

“The reason blockchain makes that possible is we can have decent data that can also be trusted. The blockchain is an immutable database and has other attributes, like being able to have digitally signed attestations about us. Those two things have the ability for individuals to keep their data — but also have that data be trusted by others.”

Selling Our Own Data

“The most interesting feature of blockchain in the health sector is the ability of patients to own and control their own health information,” says Jackson, from Canada’s Institute on Governance.

“If all this information was linked to an identity patients control, they could decide who gets to see what. Maybe a knee specialist doesn’t need access to your sexual health history. Blockchain could allow for this level of personal control.”

“Not to mention,” Jackson continues, “those patients could actually profit from their health and demographic data, with the option to sell it to health research studies or drug discovery.”

That possibility has occurred to Espinosa, too. Linnea, unlike MedRec, is a commercial company; while it started out as “a data protocol for longitudinal health,” it has since widened in the scope and scale of its ambition.

For Espinosa, Linnea has become an opportunity to come up with an entirely new way of approaching health — and life.

“The idea was that it has to start with tracking,” Espinosa says. “I’m not necessarily talking about all the ins and outs of data when you went to a hospital. I’m talking about your genome, your nutrition, and your fitness data. Even what your mother’s pregnancy was like; when you were born; your parents’ genome. Your microbiome. All of these things are important to maximizing your health over long periods of time, and yet we don’t track them.”

That data would then be kept on the blockchain, with permission for its transfer given by the patient to a provider via the system, like with MedRec, with the bonus that it’s not just for healthcare providers — we could just as easily send our data to “an insurance company that wants to give you a reward,” Espinosa says.

“The holy grail for that is we use all this tracking to fuel machine-learning models,” Espinosa continues. “And those models will identify robust patterns that say, ‘If you do this in your twenties, here’s the impact in your fifties, so you don’t want to do that.’ And that causality, once it really gets established in people’s minds, can help them make the right decisions. Because right now it’s like, ‘I’ll do what I like today and worry about it when I go and see the doctor, but really my doctor is in charge of my health.’ And it’s like, no!

“If we own our data, we have agency over our data, then we also own our health,” Espinosa says. “And that’s a sea change.”

Blog Credits: Medium

Blockchain Use Cases For The Healthcare Ecosystem

Posted on September 29, 2022February 4, 2026 by Shipra

Blockchain enables companies to trace and track supply chain, end point distribution, thereby eliminating counterfeit drugs, associated patient risks and cost impact. It further prevents brand reputation damage and loss of revenue for the company. Meanwhile providing protection, privacy, and health data interoperability.

Blockchain technology and distributed ledgers can enable faster secure Clinical Trials processes, unlocking real opportunity in healthcare. Blockchain empowers the healthcare ecosystem by giving patients power over one of their most valuable resources — data.

As a trusted mediator, it can enable novel healthcare solutions; and as an incentive machine, it can help novel business models that handle new emerging challenges of healthcare.

Our current healthcare infrastructure

The healthcare industry is one of the top global industries, contributing over 10% of the most developed nations’ gross domestic product (GDP). Numerous inefficiencies, errors, bureaucracy, and high administrative costs plague the healthcare industry. Patients have shown concern about their data being used to generate profits by third parties. The gap between providers and payers is the major issue in providing quality healthcare services. The dependency on intermediaries in the supply chain makes it even worse.

And up to 40% of healthcare provider data records are filled with errors or misleading information. Healthcare data frauds in institutions are estimated to cost around $380 per record in the current times. Expect this amount to increase over time.

Blockchain to competently improve various areas of healthcare

A blockchain-powered health information exchange could unlock the true value of interoperability. Blockchain-based systems can potentially reduce or eliminate the friction and costs of current intermediaries.

The promise of blockchain has widespread implications for stakeholders in the healthcare ecosystem. Capitalizing on this technology has the potential to connect fragmented systems to generate high quality primary care. In the long term, a nationwide blockchain network for electronic medical records may improve efficiencies and support better patient health outcomes.

Let’s understand more about all the areas blockchain can significantly improve or automize.

Health and medical data collaborations and security

Blockchain technology is a perfected system for population health studies. It allows a safe passage for participants-volunteers to participate and monetize their data for any types of research. Moreover, better data sharing of population medical data can drastically improve primary care and sick care across the global population. With more data sets, new technologies like AI and ML would be possible, which will result in discovering widespread risks to population health.

The security features of blockchain enable the scientific community to produce, share and distribute IP information without having to worry about duplication and fraud. Data on a blockchain is immutable and traceable. Any changes in data are not allowed unless validators within the blockchain approve the change. This prevents any data manipulation by vested interests. Blockchain and IoT can also help trace and track the entire supply chain for counterfeits, helping the future scientific community to focus solely on research and less on data security and data management.

Blockchain could facilitate nationwide interoperability of electronic health records, allowing providers access to patients’ medical histories, current medications, and prior imaging studies. Accordingly, full interoperability could save the global healthcare system hundreds of billions annually.

Faster Clinical Trials processes

Clinical research encounters myriad challenges, from patient registration to data privacy matters, regulatory provisions, and spiraling expenditures. Blockchain technology has the inbuilt features to overcome these challenges, thus pushing for governance throughout the value chain at the enterprise level, aiding efficient clinical trials, and building trust through equitable and open processes with all stakeholders. Its distinguishing features, such as data immutability and traceability, fool-proofs the system against fraud and cyber-attacks. The blockchain platform guarantees data security, improved collaboration, patient safety, and data traceability across the value chain.

When governed through smart contracts, the clinical research and trial notify and delegate tasks per the compliance procedures, ensuring faster and improved communication and reducing duplication and mistakes. The blockchain network implements a web-based user interface to conceive the data from the blockchain and facilitate the exchange. A proof of concept is protected under the blockchain without allowing any party to duplicate or manipulate data. Lastly, the research outcomes and results can be stored for a lifetime and traced and tracked at any given time.

Blockchain technology makes clinical trials transparent and builds trust among various collaborators. The user interface improves communication between collaborators, sidetracking manual email communication, or data exchange over public cloud solutions. With blockchain, collaborators can access clinical data over a secure and distributed network.

A blockchain smart contract helps in automating rule-based communication using regulatory standards or key metrics. Besides, various service procedures associated with clinical trials, including participants’ identity management, medical data grouping, and audit query, are all stored under the blockchain smart contract.

Robust Drugs and Equipment supply chain

Smart-contract could facilitate automatic product re-ordering if a product is in transit or enable payment to be released from sender to recipient upon confirmed receipt of the product. A blockchain network might get developed to maximize the benefit of off-chain storage. For instance, a blockchain network may employ off-chain storage to store personal identifier details to streamline compliance with HIPAA or facilitate sharing large files or documents. In addition, blockchain may deem off-chain storage to maximize search query efficiency.

Regardless, network designers must guarantee that the search capacities allowed by the off-chain database stick to the network’s existing authorization structure. The cryptography ingrained in blockchain promotes an immutable and verifiable chain of custody that can be employed to support product investigation. Further, network stakeholders could appoint a digital twin of a physical influence on blockchain by integrating blockchain with other technologies such as internet of things sensors (IoT) or ultra-high-resolution cameras. The digital twin could be leveraged to characterize an immutable ledger of product geolocation or temperature data and could also improve patient safety by guaranteeing that the product label has not been counterfeited.

Blockchain helps Pharma companies trace and track supply chain endpoint distribution, eliminating counterfeit drugs, associated patient risks, and cost impact. It further prevents brand reputation damage and loss of revenue for the company.

Faster claims settlement in medical insurance

Billing and insurance-related costs are an estimated 18% of global health expenditure. It is known that more than a quarter of procedures had to wait 4+ business days for prior authorization (acceptance from a patient’s insurer to cover a drug). Blockchain, aligned with data standards, can potentially speed up some of these processes and reduce costs.

Insurance claim processing can be tedious, time-consuming, inefficient, and sensitive to human blunders, particularly when verification is done through paperwork. Furthermore, there is a deficiency of transparency in the submission of claims, and the processing is subject to unfavorable effects of delays and errors, leading to inadequate customer service. Insurance claims are an approach concerning several entities – insurer, insured, regulators, and intermediaries, mostly distinguished by inefficiencies and malevolent intents.

Blockchain can drastically reduce the claim settlement processing time and make it hassle-free. Insurance can utilize the blockchain to construct immutable and auditable information at the stages of insurance claim processing that can be re-accessed by all parties. It will also help with discounts, rebates, and refund tracking.

Genomics

It is the study of complete sets of genes in organisms that incorporates elements of genetics. The genomics industry in healthcare intends to drastically improve human health’s future. It is only possible through blockchain to safely store massive genetic data points, where blockchain can significantly assist. It can enrich genomics knowledge and help scientists gather & store valuable information safely.

Genomics-based startups like EncrypGen maintain a blockchain-based DNA data marketplace known as Gene-chain. The platform facilitates genetic data searching, storing, communicating, and selling. Members of the Gene-Chain forum use genetic data to research and evolve healthcare by buying the information via protected and traceable DNA tokens.

This startup is also looking forward to combining blockchain payments and auditing platforms with Gene-chain. This will help form meaningful collaborations with analytics creators and healthcare software firms while driving efficient and safe procedures.

Conclusion

Blockchain can potentially enhance trust, collaboration, interoperability, auditability, and traceability across important functions of healthcare such as patient identity management, medical records, clinical trials, drug supply chain management, claims processing and financial transactions. Blockchain has the capability to improve collaboration among the healthcare ecosystem without compromising on data security. In the near time we will see many segments of the healthcare industry using blockchain to ease communication and collaboration, which will reduce research, product development life cycles of pharma, medical devices companies.

Blockchain’s vast potential in areas such as fighting counterfeiting of drugs, easier licensure processes, and technical knowledge sharing makes it suitable for a specialized medical ecosystem. It will further improve the efficiencies of primary care, sick care by improving governance and business operations of hospitals and telemedicine companies. The technology has the potential to change processes, business models, and information flows in healthcare completely.

All About Utility NFTs, the Unique Tokens With Practical Applications

Posted on September 28, 2022December 18, 2025 by Shipra

All About Utility NFTs, the Unique Tokens With Practical Applications

Binance NFT Marketplace offers a wide variety of NFTs, but did you know that there’s a special class of NFTs designed for utility and not just collecting? From virtual real estate to VIP passes, utility NFTs introduce new ways of interacting. Here’s a short list of practical applications utility NFTs are used for today.

What Exactly Are Utility NFTs?

Utility NFTs are a broad class of NFTs with specific practical applications. Just like any other NFT, they are typically created with smart contracts and are unique. They also share the same properties of immutability, transparency, and security.

Unlike regular NFTs, however, the core focus of utility NFTs is not their collectibility, but the real-world applications, rewards, or perks they offer NFT holders.

Applications of Utility NFTs

As a ticket for exclusive events and merchandise

Possibly one of the most relevant uses for NFTs is as digital versions of tickets that allow access to exclusive events. Already, some projects have been using their utility tokens to offer their holders exclusive access to closed-door events. Thanks to the uniqueness of each NFT, event organizers can verify these digital VIP tickets just like they would traditional tickets, without any fear of ticket fraud.

In the gaming industry

Undoubtedly, NFT gaming has become a hot sector within the blockchain industry. Since NFTs are the building blocks of this ecosystem and the metaverse in general, it’s no surprise that utility NFTs are used to facilitate monetary transactions and general gameplay in the gaming world. This includes using NFTs to represent exclusive in-game assets and collectibles or as items of value that can be cashed out in a play-to-earn (P2E) model. For those who have not played blockchain games before, game NFTs can be sold on a secondary market like Binance NFT Marketplace for fiat currency.

In the fashion and art industry

Projects have also introduced utility NFTs in the fashion and art industries. Online auctions may sell digital copies of real-world luxury goods in the form of NFTs, after which successful bidders will receive their physical loot. Users may also be able to try on virtual outfits in the fashion metaverse in the near future, thanks to augmented reality (AR).

Additionally, unlike traditional NFTs where the token itself is the artwork, a physical art piece could be sent as proof of purchase, allowing art fanatics to curate and show off their valuable collection in real life. This is a popular way to add utility to an NFT — since NFTs are all about creating unique digital assets, their real-life counterparts being similarly unique pieces will increase the value of both the NFTs and their corresponding physical products.

For virtual real estate

As we move towards a new Internet era, metaverse projects have started introducing virtual land represented by NFTs. To own a parcel of land, you simply need to do your own research (DYOR), invest, and receive your NFT plot. Some projects may also allow virtual real estate holders to become virtual landlords and rent their land to someone else. If you’re interested in owning virtual land, you can check out out our article on How to Buy Land in the Metaverse.

As a vehicle for passive income

Different projects offer different ways for NFT holders to grow their crypto, including renting virtual real estate (as mentioned above). P2E games may also offer passive income opportunities through staking, where users can lock up NFTs in smart contracts to generate rewards. As more creative passive income opportunities arise, NFT owners may find their digital assets increasingly useful.

Cool Utility NFTs on the Binance NFT Marketplace

Origins by Alan Walker

This NFT collection features three high-production value music videos from Alan Walker’s Origins album. NFT collectors and Alan Walker fans are treated to an online Alan Walker Origins NFT scavenger hunt. Fans can collect all the different NFT music video segments from the collection to piece the whole music video together, and all NFT holders can earn a share of the revenue from the music video streaming on YouTube.

Mystery by Franck Muller

This Mystery Box Collection has 28 NFT designs on four different rarity levels. NFT holders stand to win NFT watches to be worn in the metaverse, physical Franck Muller timepieces, a chance to attend private Franck Muller events in Dubai, Miami, and Singapore, and a private tour of Watchland, the Franck Muller factory in Geneva.

The Muhammad Ali Experience Mystery Box Collection

This Mystery Box Collection consists of six videos of NFTs of six rarity levels. Depending on its rarity, each video NFT will unlock a different perk — namely, a Membership Access Card to the upcoming Muhammad Ali Experience Museum and Muhammad Ali Experience Metaverse Museum, digital Muhammad Ali artwork, a print and canvas signed by Muhammad Ali, and one exclusive signed physical canvas by artist Mike Bundlie and Lonnie Ali, Muhammad Ali’s wife, which features $500 worth of gold flakes.

Conclusion

Even if you’re not an avid NFT collector, you might want to consider owning one of these utility NFTs as it may come with a useful perk. Be it earning passive income or having exclusive access to events and items, utility NFTs have a variety of uses and will likely see even more uses emerge.

In addition to ownership of a unique NFT asset, an NFT’s utility gives it more value. NFT creators and platforms can continue to introduce new utilities in the future to help foster an exclusive community of NFT owners. With the evolution of Web 3.0, the utility of NFTs will grow in prominence for both their creators and owners. If you’re an investor thinking about adding NFTs to your portfolio, consider the utility of NFTs as they have more uses and value than purely collectible NFTs.

Blog Credits: Binance

What is NFT Staking and How to Earn Income From NFTs?

Posted on September 28, 2022December 18, 2025 by Bhavya Dave

A buzzword including digital artwork, animal pictures, trading cards, music, and online gaming, NFT or non-fungible tokens became a major digital topic throughout 2021. By late 2022, the daily market size of NFTs on Ethereum was much lower than in 2021. NFTs first grabbed headlines in March 2021 when the crypto art piece First 5000 Days from Beeple became most expensive NFT in the world at 69 million U.S. dollars. The digital tokens were not new, however. The sales development of CryptoKitties – a project that involves randomly generated pictures of cats – can be retraced back to 2017. How, then, do NFTs work, and are they disrupting particular industries in 2022?

Beyond their superficial appearance as JPEGs, NFTs hold immense potential to upgrade various industries, including event ticketing, digital art, and “phygital” goods. The hidden value of NFTs lies in their utility, which goes beyond what can be captured by a screenshot.

One lesser-known aspect of NFTs is their ability to generate passive rewards. Many NFT collections allow users to “stake” their NFTs, similar to crypto staking, in order to earn rewards. There are also dedicated NFT staking platforms that enable both NFT holders and non-holders to capitalize on these digital assets.

In this article, we will delve into the world of NFT staking, exploring various opportunities and examining how NFT holders and non-holders alike can leverage these platforms to earn passive income through NFT staking rewards.

What is NFT Staking?

NFT staking involves locking up an owned digital asset for a specified duration, resulting in rewards often distributed in the form of cryptocurrency. Some collections enable indefinite staking, while others impose strict time limits.

To streamline this process, dedicated staking platforms exist that are not limited to specific collections. These platforms incentivize NFT collectors by offering tokens in exchange for staking NFTs from various projects and blockchains. More details on these platforms will be provided later.

How To Stake NFT: Step-by-Step Process

Staking NFTs is a simple, eight-step process.

1. Choose a Staking Platform:

Begin by selecting a user-friendly staking platform that aligns with your preferences.

2. Understand the Platform:

Spend adequate time understanding the chosen platform’s rules, rewards, and processes.

3. Set Up the Recommended Wallet:

Install the digital wallet suggested by the platform. MetaMask is widely supported in the Ethereum ecosystem for NFT staking.

4. Obtain ETH Tokens:

Acquire ETH tokens by purchasing them or transferring them from another wallet (if applicable).

5. Connect Your Wallet:

Link your wallet to the staking platform.

6. Exchange to Native Currency:

If the platform has its own native currency, exchange your ETH for it following the platform’s instructions.

7. Start Staking:

Initiate the staking process by locking your NFTs in a smart contract on the platform.

8. Monitor Rewards:

Keep track of your staking NFTs and the rewards you earn, which are usually in the form of additional tokens.

How are NFT Staking Rewards Calculated?

Each NFT staking collection features unique rewards rates, encouraging holders to lock up their assets for extended periods. Similar to viewing annual percentage yield (APY) on traditional cryptocurrency staking platforms, NFT staking sites offer projections of returns. However, some sites display expected token rewards (e.g., 10 tokens per day) rather than an exact APY.

It’s essential to note that actual returns may deviate from projected token rewards, so conducting thorough research on any staking platform is crucial. The reward value varies across NFTs, but most projects compensate users with utility tokens for staking NFTs.

These tokens may offer additional benefits like voting rights or governance participation in decentralized autonomous organizations (DAOs). Notably, some NFT collections even allow users to stake these earned tokens, further enhancing the potential rewards.

How could you Benefit from NFT Staking?

NFT staking allows holders to maintain ownership of their digital collectibles while generating passive income. According to Synodus, the benefits include earning rewards and fostering scarcity since staked NFTs are removed from the open market, making them unavailable for sale. Staking also contributes to the blockchain’s usability and security, similar to crypto staking.

To participate, holders need a crypto wallet and must connect it to an NFT staking platform. These platforms run on specific blockchain networks, and staking is endorsed and validated by smart contracts on the blockchain.

Staking typically involves locking NFTs on the platform for a predetermined period in exchange for rewards. This can result in deflationary supply pressure, increasing the price of similar NFTs in circulation. Both collectors and the broader NFT market benefit from this.

Rewards are often distributed in the form of platform native tokens, tradable for currency or other cryptocurrencies. Each platform uses its method of calculating interest rates, aiming to attract NFT assets holders to stake their assets for as long as possible. While some services may offer high interest rates, investors must carefully weigh the associated risks.

Thorough research (DYOR) is crucial before staking NFTs to ensure full understanding of the risks. Factors determining the rewards include the platform’s annual interest rate, staking duration, and the number of NFTs staked. Additionally, some NFTs may have unique staking features determined by the project team at launch.

Related: Multifunctional Fractionalized NFTs

Is NFT Staking right for me?

While NFT staking presents enticing opportunities, it is imperative to exercise caution and evaluate critical factors before embarking on this endeavor. Certain conditions must be met to ensure a rewarding NFT staking experience.

1) Annual NFT staking yield/APY

As a potential NFT Staking Platforms, an essential question to ask is: what returns can I expect from staking? While some NFT collections may offer enticing returns, be wary of rates that seem too good to be true. These rates often fluctuate significantly and may not persist for long.

Certain projects offer increased Annual Percentage Yield (APY) rewards for staking multiple NFTs or NFTs with higher rarity scores. If you plan to hold more than one NFT from the same collection, evaluate if staking multiple NFTs is advantageous for better interest rates.

2) NFT collection price

Seasoned NFT traders have a keen sense of when to hold and when to sell their assets. For those looking to quickly flip an NFT, selling may be a more lucrative option than staking, particularly if the collection has experienced recent price fluctuations. Staking can potentially restrict the sale of an NFT due to lengthy lock-up periods.

While staking can serve as a protective measure against short-term price movements, in certain cases, higher returns can be obtained by selling when the floor price increases. However, determining the optimal timing for such transactions is highly challenging, and even skilled traders may struggle to make the right call.

3) Cryptocurrency price movement

In addition to considering the base price of the NFT collection, it’s crucial to remember that the value of the cryptocurrencies associated with NFTs can fluctuate significantly. For instance, if you acquire an NFT for 1 ETH when the price of Ethereum is $3,000 and later sell it for 1.1 ETH when Ethereum’s value has decreased to $2,500, you will inadvertently incur a loss of $250.

4) Percentage of total NFTs staked

Regarding NFT Staking Platforms, it can be insightful to examine the project’s website and observe the percentage of NFTs that are currently staked. A higher staking percentage suggests that NFT owners are inclined to hold their assets long-term.

While not a definitive indicator, a notable proportion of staked NFTs, particularly when accompanied by an extended lockup period, may reduce the likelihood of a mass sell-off and subsequent price drop.

5) Lock-up period

The duration of lock-up periods for best NFT staking collections and staking platforms varies. If you prioritize quick access to your NFT, it’s advisable to select an NFT staking option with a shorter lock-up period. A lock-up period ranging from hours to days is preferable compared to one that lasts for weeks, ensuring greater flexibility and liquidity.

Consider the Advantages and Disadvantages of NFT Staking

Here come several variables as you decide whether your NFT staking is the best course of action or not.

Advantages of NFT Staking

1. Engage in Projects and Communities: Most projects offer rewards for users who commit their non-fungible tokens (NFTs) with utility tokens. However, the specific payouts and benefits vary across projects. Additionally, these tokens provide advantages like voting and governance rights, enabling holders to influence the project’s future direction.

2. Utilize Idle Digital Assets: Staking presents an opportunity to make the most of your unused digital assets. If you’ve held an irreplaceable token for a while but don’t have immediate plans to sell it, staking allows you to put it to work. By locking your NFT on a staking platform, you can earn rewards while maintaining ownership and without giving it up.

Disadvantages of NFT Staking

1. Price Sensitivity: The value of your NFT can fluctuate significantly due to market conditions and trends in the digital art world while it is locked in for staking. Depending on the terms of your staking period, you might not be able to withdraw the extended lock-up best NFT staking. However, if long-term holding is your ultimate goal, short-term market fluctuations should not concern you as much.

2. Potential for Fraud: While receiving rewards for staking your NFT may seem attractive, be aware of the associated risks. The NFT industry is still in its early stages, and differentiating between genuine and fraudulent platforms can be challenging. Unethical staking platforms may attempt to steal users’ funds and tokens. To avoid falling victim to fraud, it is crucial to conduct thorough research before committing your NFT. Investigate the staking platform and the team behind it, and exercise caution if anything seems suspicious.

How to Make More Money with NFT Staking

Engage in NFT staking within your cryptocurrency wallet as a means of generating passive income. NFT staking presents a distinctive and fascinating application of blockchain technology, enabling you to create passive revenue streams. To embark on this income-generating endeavor, an initial investment is necessary. While monetary investment is the primary method of earning passive income through NFTs, time investment can also be leveraged. For long-term NFT holders, known as HODLers, instead of storing their NFTs in digital wallets, they have the option to lock up their NFT collections for passive income generation.

A substantial proportion of NFTs belongs to the gaming super universe within the Web 3.0 ecosystem. Individuals can lock up their NFTs in various blockchain games, including Axie Infinity, The Sandbox, MOBOX, and Zookeeper, among others. These games offer staking options that enable players to earn money.

Previously, the metaverse in gaming platform, NFTs were limited to acquiring a single object crucial to that particular game. Consequently, digital assets for crypto super games had limited utility. However, with the emergence of NFT staking, the utility of these assets has expanded. The popularity of a game can also contribute to the monetization of NFTs.

Nevertheless, it is essential to conduct thorough research on the NFT, its market, utility, and staking incentives before venturing into NFT staking. This knowledge empowers you to make informed decisions and maximize your potential for passive income generation through NFT staking.

NFT Staking Platforms

For those who own NFTs eligible for staking, the official collection website provides comprehensive instructions on where and how to do so. Additionally, there are versatile platforms available that enable users to stake NFTs from various projects, regardless of their specific collection. Here are a few examples of currently accessible staking platforms:

1. LooksRare

LooksRare, launched in January 2022, is an NFT assets marketplace that also serves as a staking platform. It enticed NFT traders to use its platform by airdropping 120 million of its native $LOOKS tokens. To be eligible for the airdrop, users had to make a specific amount of trades (over 3 ETH) on OpenSea.

Rewarding traders remains essential to LooksRare’s functionality. Users can earn more $LOOKS by buying and selling NFTs on the marketplace. Earned $LOOKS tokens can be staked directly on the platform to earn even more $LOOKS and wrapped Ethereum (WETH).

While the incentive to earn $LOOKS primarily targets NFT traders, the token is also accessible on decentralized exchanges like Uniswap.

Shortly after its launch, the annual percentage yield (APY) for staking $LOOKS soared to as high as 9000% but eventually stabilized just below 200%. Currently, the APY fluctuates around 9.24%, influenced by trading volume and market conditions.

2. WhenStaking

WhenStaking, a staking platform for NFTs, operates on Onessus, a WAX-based decentralized application development studio. Onessus has created NFT play-to-earn games such as HodlGod and NiftyVille.

NFT assets from these games can be staked on WhenStaking to earn returns in the form of VOID, the native token for Onessus. Fans of these games can conveniently integrate with WAX Cloud Wallet, as both Onesimus and WhenStaking are integrated with it.

Rewards on WhenStaking vary depending on NFT rarity, collection value, and the platform’s unique level system. Over time, users can earn more rewards as NFTs level up and increase APY the longer they are staked. Stakers can still utilize their NFTs as assets in their chosen game through a leased version of the staked token.

Related: Best NFT Marketplace Platforms

NFT Collections Available for Staking

1. The Sandbox

The Sandbox, a prominent metaverse platform built on the Ethereum blockchain, offers cryptocurrency staking opportunities for holders of its native SAND token. Staking rewards vary based on the number of LAND NFTs a user possesses.

For instance, users with up to 5 LAND NFTs can stake a maximum of 10,000 SAND tokens on the Polygon (MATIC) blockchain. Throughout 2023, the value of one SAND token has fluctuated between approximately $0.28 and $0.90, enabling users to stake cryptocurrency worth between $2800 and $9000 during this period.

The Sandbox is accessible on OpenSea, and various in-game items are available for purchase on the platform’s official NFT marketplace. SAND tokens can be purchased using a payment card through MoonPay.

2. Axie Infinity

Axie Infinity, a massively popular blockchain-based game, boasts over 2.8 million daily users at its peak in 2021. In this game, users collect avatar NFTs called Axies to battle against others and earn rewards in the form of Axie Infinity Shards (AXS) tokens. AXS, the native token, allows holders to make in-game purchases in the Axie Infinity Marketplace, such as additional Axies, accessories, Lands, and Land items. Axie Infinity features multiple staking options:

Cryptocurrency Staking: Users can stake AXS tokens to earn rewards in the form of more Axie Infinity Shards.
NFT Staking: Land NFT holders can stake their plots to earn additional Axie Infinity Shards. The rarity of the Land NFT determines the amount of AXS tokens earned per day.

3. CyberKongz

CyberKongz, a pioneering NFT staking project, stands out as a collection that rewards its holders with $BANANA, its native cryptocurrency. Owners of the initial 1,000 Genesis CyberKongz enjoy a daily reward of 10 tokens for each first-generation NFT they possess, an enticing incentive that will continue until the year 2031.

4. Mutant Cats

Mutant Cats, a collection of 9,999 feline avatars, is built on the Ethereum blockchain. Holders can stake their Mutant Cats to earn $FISH, the native utility token of the project. Each staked cat generates 10 $FISH per day, which represents fractionalized ownership of the project’s vault assets.

Mutant Cats are available for purchase on OpenSea. The current staking rate offers 10 $FISH per day for each staked cat.

5. Doge Capital

Doge Capital, an NFT collection on the Solana blockchain, features 5,000 pixelated avatars of the Dogecoin dog mascot. Holders of these NFTs can stake them to earn $DAWG tokens, which can also be acquired on decentralized exchanges (DEXs) like Raydium and Dexlab. Inspired by Dogecoin, Doge Capital’s native cryptocurrency, $DAWG, is also a meme coin with utility. According to the official Doge Capital website, $DAWG powers the project’s ecosystem and serves as the native utility token. Doge Capital NFTs are available on Magic Eden, and the current staking rate offers 5 $DAWG tokens per day.

Conclusion

In conclusion, understanding What is NFT Staking and how to make money from NFTs is essential for anyone looking to maximize their NFT assets. By exploring the best NFT staking platforms and utilizing NFT staking smart contracts, you can effectively stake NFTs and generate passive income. Learning how to stake a NFT and identifying the best NFTs to stake are key steps in this process. Companies like SoluLab provide comprehensive NFT solutions, including NFT Token Development and expert guidance on staking NFTs. As a leading NFT development company, SoluLab can help you navigate the complexities of NFT staking and ensure you achieve the best results. Hire NFT developers from SoluLab to leverage the full potential of your NFT investments.

Frequently Asked Questions (FAQs)

1. What is NFT Staking?

NFT Staking is the process of locking up your NFT assets on a blockchain to earn rewards or passive income, typically through a staking platform or smart contract.

2. How do I Stake an NFT?

To stake an NFT, you need to choose a suitable NFT staking platform, connect your wallet, select the NFTs you want to stake, and follow the platform’s instructions to lock up your NFTs.

3. What are the best NFT staking platforms?

The best NFT staking platforms offer secure, user-friendly interfaces and attractive reward structures. Research and reviews can help identify the top platforms for your needs.

4. What is an NFT Staking Smart Contract?

An NFT Staking Smart Contracts is a self-executing contract with the terms of the staking agreement directly written into code. It manages the staking process and distributes rewards automatically.

5. Which are the best NFTs to Stake?

The best NFTs to Stake are those with high value and strong market demand. These NFTs typically offer better rewards and more stable returns when staked.

6. How can I make money from NFTs through Staking?

You can make money from NFTs by staking them on a reputable platform and earning rewards in the form of additional NFTs, tokens, or other cryptocurrencies.

7. Why should I hire NFT developers from an NFT Token Development Company?

Hiring NFT developers from a reputable NFT Token Development Company like SoluLab ensures you receive expert guidance and high-quality NFT solutions, enhancing the security and profitability of your NFT staking activities.

Blockchain

Smart Contracts

NFT

Cryptocurrency

Web3

DeFi

Metaverse

Step One: Announcements in Popular ICO Calendars

Interest Check: Publications in Professional Communities

The Finish Line: Native Advertising, General Topic Media, and Blogs

Conclusion: You Need to Try Everything

How does supply chain management work?

Why do businesses need competent supply chain governance?

How is blockchain exceptionally suited for Supply chain governance?

Forecasting delivery problems and inventory shortages

Dynamically optimizing price

Improving the redundancy in delivery and inventory

Connected to everything

Collaborative ecosystem

Cyber-aware

Cognitively enabled with new gen technology

Comprehensive

What does having NFTs on Instagram or Facebook mean?

How to post your NFT to Instagram

Ways to monetize NFTs on Instagram

What does evolution look like?

The potential

Football and Soccer

Baseball

NASCAR

Basketball

Golf

Collegiate sports

Want to be a part of the sports NFT action?

1. AgriChain

2. AgriDigital

3. AgriLedger

4. Ripe.io

5. TE-FOOD International

6. Fyllo

7. POSHN

8. Otipy

9. Arya.ag

10. Covantis

11. CyStellar

12. Shamba Records

13. Ucrop.it

14. Avenews

15. Bart Digital

16. IBISA NETWORK

17. GREENS

18. Agri 10x

19. NagriTech International Distributors Ltd

20. AgCode

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22. Terviva

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24. DeHaat

25. Cropin

Closing Thoughts

The current synergies between Blockchain and real estate

Blockchain concepts are bound to influence real estate markets

Smart contract

Metaverse

Decentralization

Tokenization

Blockchain technology use cases in real estate

Asset management and real estate funds

Property management

Urban planning

Conclusion

Taking Back Control

Selling Our Own Data

Our current healthcare infrastructure

Blockchain to competently improve various areas of healthcare

Health and medical data collaborations and security

Faster Clinical Trials processes

Robust Drugs and Equipment supply chain

Faster claims settlement in medical insurance

Genomics