Facts about Cryptocurrency Revolution
- 05
Non-fungible tokens (NFTs), a product of cryptocurrency infrastructure, saw trading volume explode dramatically in 2021, bringing blockchain ownership concepts to art and collectibles.
- 04
Decentralized finance (DeFi), a major branch of the cryptocurrency revolution, allows users to access lending, borrowing, and trading without traditional banks.
- 03
The total market capitalization of all cryptocurrencies first surpassed one trillion dollars in January 2021, marking a milestone in mainstream financial recognition.
- 02
Ethereum, launched in 2015, expanded the cryptocurrency revolution by introducing smart contracts, enabling programmable, self-executing agreements on a blockchain.
- 01
Bitcoin, the first decentralized cryptocurrency, was introduced in 2009 by the pseudonymous creator Satoshi Nakamoto via a landmark whitepaper.