The Cryptonaut
Legend
What is a cryptonaut?
Cryptonaut is derived from the Greek words kruptos for ‘hidden’ and nautes for ‘sailor’
A cryptonaut is an enthusiastic explorer of the cryptoverse.
I am TheCryptonaut.
Welcome to my website.
NFT
What is an NFT?
NFT stands for non-fungible token. A non-fungible token is a unique digital asset encrypted onto a blockchain. In other words, each NFT is a one-of-a-kind digital creation. NFTs can be audiovisual files or execute a program. The potential applications of NFTs are limitless. We are witnessing the dawn of this revolutionary technology.
Biggy Shitz from The Shitz NFT collection
www.theshitz.io
The Cryptonaut’s NFT Project
The Cryptonaut’s NFT Project
COMING SOON
The Cryptonaut’s NFT Project
COMING SOON
Cryptocurrency
What is cryptocurrency?
Crytocurrency is a liquid pool of fungible tokens are encoded onto a blockchain. All transactions of a cryptocurrency are recorded on a blockchain. In addition, other data programs called smart contracts may be encoded on a blockchain. Cryptocurrencies can be backed by tangible and/or intangible assets or services. The value of any cryptocurrency is ultimately determined by the market.
Time Wonderland
Fortress DAO
Kronos DAO
Rome DAO
DeFi
What is DeFi?
DeFi stands for decentralized finance. Unlike centralized finance such as commercial and retail banks, DeFi has no “middle-man” who controls and derives profit from monetary transactions. DeFi operates by a computer program that exists on multiple server nodes. DeFi projects are governed by a decentralized autonomous organization (DAO) . A DAO is comprised of the investor community and project developers. The advantage of DeFi is that all the profits go to the DAO (in theory). The disadvantage of DAOs is that the projects are extremely risky due to market volatility, unforeseen circumstances, and bad actors.
