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XTAcademy

Welcome to XTAcademy. Whether you've already got some cryptocurrency knowledge, or you're just curious as to what the hype is about crypto, XTAcademy is here for you.

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what is Cryptocurrency

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So what's the difference with normal currency?

Many of you might be wondering, what's wrong with the USD, or the Euro? What can Cryptocurrency do that the cash in my wallet can't do? These are very valid questions and being able to distinguish the difference will help you better appreciate why cryptocurrencies have been gaining such popularity.

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We can't talk about Cryptocurrency without talking about Bitcoin

When you hear about cryptocurrency, the first thing that will probably come to your mind is Bitcoin. Bitcoin has been a trailblazer in the crypto world. Turning crypto from a mere concept, into a mainstream investment option.

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What is this Blockchain Technology I keep hearing about?

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Ethereum

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Initial DEX Offering (IDO)

If there is a crypto related project in need of capital, one of the methods to obtain it is through Initial DEX Offering, or IDO.

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The Metaverse

In simple terms, the Metaverse is a hyper realistic, digital universe which is underpinned by the use of augmented reality (AR) and virtual reality (VR) technology.

So what exactly is the difference with the internet we use today?

So what can you do in the Metaverse?

NFT’s

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Non-Fungible Tokens (NFT's)

Not to be misunderstood as a “Non-fundible token ”, a Non-fungible token, or NFT's for short, is yet another feature supported by blockchain technology.

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So what can I do with an NFT?

Great question, imagine playing a video game where you play against other players from around the world.

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What's to stop me from taking a screenshot of someone else's NFT?

Yes, it is true. Technically you could do this.

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So what's a blue chip NFT?

In simple terms, an NFT that is referred to as a blue chip NFT is one that is expected to be a long term good investment.

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What to expect from NTF's in the future

With a flourishing Metaverse, the future of NFT's is bright.

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Blockchain Technology

Blockchain Technology is truly the backbone when it comes to cryptocurrencies, NFT’s, the Metaverse, and much more.

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Smart Contract

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Keen to get started using Smart Contracts?

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Trading

As you would with fiat currencies, trading is just as common in the crypto world.

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Glossary

  • Altcoin:

    A crypto currency which is an alternative to Bitcoin

  • Decentralised Exchange (DEX):

    Is a variation of cryptocurrency exchange which enables direct peer-to-peer (P2P) crypto transactions to be performed securely.

  • Fiat Currency:

    Government back currency like USD or Pound

  • Initial DEX Offering (IDO):

    Is a decentralised and permissionless crowdfunding platform often used to launch a new coin or token.

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