Blog with Bitskwela
Take a dive into the world of crypto through the lenses of seasoned experts and enthusiasts within our Bitskwela community.
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Check out all the latest articles
May 16, 2023

NFT Fractionalization: A Bigger Part to Play in Web 3

Physical artworks (particularly those credited to the most popular painters of their time) are extremely expensive and are almost impossible to purchase for most people. However, an artful solution is to divide the artworks in principle (not physically cutting them up) and to sell these individual pieces to others. This is referred to as fractional ownership. 

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May 4, 2023

What is a Direct Acyclic Graph (DAG)?

What is Direct Acyclic Graph or DAG? A DAG is a type of data storage and consensus mechanism that is different from Bitcoin or Ethereum or blockchain. Technically, it’s not a chain of transaction blocks. Instead, the transactions are represented in a graph or a tree-like manner.

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May 1, 2023

“Bitcoin” by Florin Hilbay: Exploring the Dean of Silliman University’s Perspective on Bitcoin

Florin Hilbay, the current dean of Silliman University’s College of Law, and former Solicitor General of the Philippines, recently spoke at the Bitcoin Conference, where he shared his perspective on Bitcoin as a language.

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May 1, 2023

Boracay Bitcoin Island Retreat: Industry Leaders Gather to Explore the Future of Bitcoin

Major players in the country's cryptocurrency industry, Pouch.ph, Coins.ph, and Bitskwela, recently collaborated to host the first-ever Bitcoin Conference in the Philippines, where dozens of Bitcoiners and industry leaders from around the globe gathered. The event took place from March 27th to 29th, 2023, at Henann Regency in Boracay.

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May 1, 2023

Stablecoins and CBDCs: How Do They Differ?

Digitalization is an ongoing trend impacting various industries, and the financial sector is also adapting to this change. 

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April 29, 2023

NFT Adoption by Big Tech

on-Fungible Tokens (NFTs) have piqued the interest of Big Tech due to their potential prospects of growth. Companies have started to utilize NFTs into their business operations. Let’s examine how each company is leveraging these digital assets into their business processes.

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April 28, 2023

The WORST Mistake You Can Make as a First-Time Community Builder

The worst mistake you can make as a community builder is to grow your community from the inside — especially if it’s a private community. Let me explain.

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April 28, 2023

Do You Need to Pay Taxes on Your Crypto?

Understanding the taxation of cryptocurrencies is essential for legal compliance, financial planning, pushing adoption, and fostering innovation. In general, individuals and businesses are also protected from any legal and financial consequences by understanding and adhering to tax legislation.

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April 22, 2023

AI and the Metaverse

Unless you’ve never touched your smartphone or PC since January, you know that there’s one thing in the newsfeed of every internet user these days: artificial intelligence.

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April 22, 2023

2022 NFT Recap

With the cryptocurrency market having lost around 66% of its value in 2022, it brought forth the question of whether blockchain technologies such as NFTs were still relevant or if their supposed hype finally died down. Yet, 2022 was a year of evolution for NFTs with many new platforms, collaborations, users, and traders being brought into the space.

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April 13, 2023

Learn Crypto the Easy Way: Bitskwela Partners with GCash to Bring Crypto Education to the everyday Filipino

Bitskwela is excited to announce its partnership with GCash, the top e-wallet in the Philippines, boasting an astounding 76 million registered users and 4.5 million partner merchants as of 2023.

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March 13, 2023

How do Dividend Tokens Work and is it Better than Staking Coins?

There are many ways to earn money in crypto. One can engage in trading, crypto-lending, NFTs, or even create their own coin...

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March 13, 2023

How to Buy/Invest in Cryptocurrencies

Cryptocurrencies are a class of digital assets developed using cryptographic methods that may be bought, sold, or traded securely, but how do you buy them?

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March 5, 2023

An Introduction to Merkle Trees

Merkle Trees are vital to blockchain technology and its development. It uses the concept of hashing and cryptography. Merkle Trees focus on ensuring that a dataset is valid without actually having to check each datapoint from the start.

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March 5, 2023

Big Tech Companies Adopting Blockchain Technology

Major technology companies are exploring the use of blockchain in order to optimize various industries and leverage the technology in their business operations. Among the list of big tech companies are IBM, Microsoft, Google, and Amazon.

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February 22, 2023

Ideologies in Cryptocurrencies and Web 3

Ever wonder why your NFT degen buddy invests so differently from your 2017 bear market survivor, ETH hodler uncle? Why does Michael Saylor only buy Bitcoin and why is it funny that dog coins are still alive?

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February 12, 2023

Router Protocol’s Driver of Ecosystem Growth for Asia Joins Bitskwela as Advisor and Board Member

Bitskwela proudly introduces Darlene Torres as our advisor and board member. Torres is currently driving strategic efforts for Router Protocol's ecosystem growth in the field of blockchain interoperability.

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January 30, 2023

How to Keep Your Hot and Cold Wallets Safe?

Everyone wants to keep their money safe. Especially if you’ve worked hard for it, you would want to ensure that you do your best to safeguard it from being stolen or lost. And just like with cash, cryptocurrencies are stored in wallets to hold funds. 

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January 30, 2023

Career Opportunities in Web 3: How You Can Land Your First Web 3 Job

Web 3 proposes a shift towards a more open, decentralized internet, which has the potential to provide both people and businesses considerable advantages and new opportunities.

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January 30, 2023

Are NFTs Bad for the Environment?

With the release of Bondee, the trending social app that lets you and your friends meet together virtually as cute avatars, this controversial statement sparked debates on social media:

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January 16, 2023

Five Questions for the Future of the Metaverse

The most optimistic view of the metaverse sounds like former US President Abraham Lincoln’s famous definition of democracy: a society built by the people and for the people. But is it, really? Here are five questions to ponder about the future of this virtual world.

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January 16, 2023

What Do We Need to Build the Metaverse?

The metaverse is the sum of all virtual worlds powered by emerging technology, and their differences from each other can be as stark as night and day.

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January 16, 2023

What Is the Metaverse?

With all the hype surrounding it, the metaverse almost became 2022’s Oxford Word of the Year. Many are calling it the future of the internet, and billions of dollars have already been spent on creating it. But what exactly is the metaverse?

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January 16, 2023

What is Blockchain Sharding?

Sharding of data in databases is not a new concept. That’s right! Sharding is a concept borrowed from horizontally scaling databases.

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December 21, 2022

Prospects of On-Chain Metrics

The current state of on-chain metrics has been remarkable despite being in its early stages, as it is able to bring value not just on investment decisions but also in understanding the broader picture of the blockchain. On-chain metrics' potential future is something to be excited about.

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December 20, 2022

Dollar-Cost Averaging (DCA) - Should You Give It A Go?

Do you want to perfectly time the market, buy the bottom and make that sweet 100x gain? Sorry to say, but you’d best give up on that. Truth be told, the best traders and investors admit that they have no idea where the market will actually go. Anyone telling you they can predict the future is probably either delusional or lying. 

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December 20, 2022

Spotlight on Sports NFTs

Non-Fungible Tokens (NFTs) are digital artifacts that have unique identifiers, and as such, cannot be replicated. The potential for such technology can easily be seen, and it has been utilized by different entities across various industries.

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December 4, 2022

Starting Out with Phantom

Phantom is a cryptocurrency wallet built on and for the Solana blockchain; it is often considered to be the Solana counterpart for Metamask. It allows users to easily and safely buy, send, receive, store, and swap tokens, while letting them collect NFTs that are on the Solana blockchain. 

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November 22, 2022

Rise of Digital Collectibles: the long-awaited “NFT” rebrand

The term Non-Fungible Token (NFT) has always been problematic for mass Web 3 adoption. In order for mass adoption to happen, conversations about Web 3 verticals, such as decentralized finance, cryptocurrency, and digital collectibles, have to have a “jump-off” point from Web 2.

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November 22, 2022

A full-stack marketer’s guide to selling out NFT Collections: Key insights obtained from selling out multiple collections working with 60+ projects for the past 2 years

Web 2 marketing doesn’t work in Web 3.

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November 12, 2022

How to Launch Collaborations that Grow Communities: A Guide for Web3 Founders

Collaborations are a bootstrapped founder’s friend. Partnerships and collaborations are a crucial part of Web3 marketing since Web3 marketing is all about community building.

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November 12, 2022

The Future of Web3 Communities: What’s Next After the NFT Community Craze?

NFT communities are dying. But they paved the way for Web3 communities to hyper-grow for the past 2 years, and Web3 marketing and community-building tactics are heavily influenced by the marketing META that NFT communities introduced in the space.

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October 22, 2022

Get to Know Router Protocol

Cross-chain messaging protocols allow blockchains to read data from and/or write data to other blockchains and are the cornerstone of blockchain interoperability.

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October 10, 2022

Limitations of On-Chain Metrics

Despite the benefits of data-driven insights derived from on-chain metrics to one's investment decisions, on-chain metrics have some drawbacks and limitations.

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October 6, 2022

This Filipino Tech Company Can Possibly Solve the National ID Card Crisis In the Philippines

Obtaining a valid government-issued ID in the Philippines has been taxing for all Filipinos, but this Filipino Tech Company may be able to help in resolving this issue with their latest ID card technology called Tetrix Link Card, powered by blockchain technology.

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October 5, 2022

Bitskwela Partners with ZFT for Social and Educational Initiatives

With this partnership, ZFT will work hand-in-hand with Bitskwela in the form of social and educational initiatives aligned with the mission of both organizations.

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October 5, 2022

The Current State of Bitcoin - A Technical Outlook

As interest rates started to rise, it became likely that the US stock market and other risk assets started to sell off because of their inverse correlation with said rates.

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September 30, 2022

Bitcoin vs. Altcoins

Bitcoin is a form of cryptocurrency; specifically, it is the largest and most well-known cryptocurrency, but it’s NOT the only one in the market. 

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September 28, 2022

The Rise of Altcoins

While we can’t deny that Bitcoin’s mainstream popularity has arguably put the blockchain on the map, there are a lot of other cryptocurrencies that have been making waves and building a name for themselves—these are the altcoins.

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September 27, 2022

Tetrix Link: Powering Global Systems

Tetrix is a Filipino tech developer company. They recently came out with their Tetrix Link card, which uses near-field communication (NFC) technology to facilitate trouble-free information sharing with just a single tap from your smartphone.

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September 25, 2022

Bitskwela Partners with Honest Farmers Club to Expand Crypto Literacy

With this partnership, Honest Farmers Club will work together with Bitskwela in educating HFC community members about cryptocurrencies and Web 3.0.

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September 24, 2022

Which On-Chain Metrics Should You Look At?

As blockchain data becomes more publicly available, numerous types of on-chain metrics emerge. Examples of two robust and widely used on-chain metrics are the Bitcoin HODL Waves and the Bitcoin Realized HODL Ratio.

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September 23, 2022

What is The Ethereum Merge?

The second-largest cryptocurrency and the largest smart contract blockchain in the world, Ethereum just accomplished The Merge. But what does the merge actually mean, and does it solve Ethereum's current problems?

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September 23, 2022

What Happened to LodiCoin?

If you have been reading current events on Web 3 discussion groups, you would be aware that a recently launched token has lately sparked a lot of discussion in the Philippine Web3 community. The token is known as LodiCoin.

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September 22, 2022

Bitskwela Partners with Router Protocol to Share About the Importance of Interoperability

This partnership with Router Protocol will amplify Bitskwela’s mission to educate retail users, enterprises, and government sectors on the importance of interoperability to achieve true decentralization.‍

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September 12, 2022

Bitskwela Partners with AltSwitch to Help Promote Web 3.0 and Crypto-literacy

With this partnership, AltSwitch will work alongside with Bitskwela's different online educational initiatives to help promote Web 3.0 and crypto-literacy.

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September 11, 2022

Bitskwela Partners with Trilz to Share Information about Web 3.0

With this partnership, Trilz will work together with Bitskwela's blog and social initiatives to help share information about cryptocurrencies, Web 3.0, and the blockchain.

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September 8, 2022

Bitskwela Partners with Ateneo MEcO to Help Expand Crypto Literacy

With this partnership, MEcO will work alongside with Bitskwela's different online educational and social initiatives to help expand crypto-literacy for fellow students and teenagers.

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July 16, 2022

Is it over for Terra-Luna? Here’s What You Should Know About the Crash

The intense collapse of LUNA and UST has definitely ruined not just the reputation of Terra-Luna’s team, but also the cryptocurrency market in general.

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July 7, 2022

Bitskwela Partners with Museigen Training Academy to Help Expand Crypto Awareness and Adoption

With this partnership, Museigen will work hand-in-hand with Bitskwela's different online educational initiatives to help expand crypto-literacy locally.

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July 5, 2022

What are Consensus Mechanisms?

Cryptocurrency often finds itself being severely criticized due to various reasons. Its decentralization is a favorite topic of its critics.

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July 5, 2022

Bitskwela Partners with Web3 Philippines in Providing Access to Free Web3 Education

With this partnership, Web3 Philippines will work hand-in-hand with Bitskwela's community to democratize crypto-literacy locally.

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June 30, 2022

What are the Different Blockchain Layers?

If you’re new to the blockchain, you might be surprised to discover that they’re more than just blocks of stored data on a chain. They actually have many layers. 

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June 22, 2022

What is the Blockchain Trilemma?

Every day, you and I are faced with choices that we must make, even if it means sacrificing other alternatives. Similarly, the blockchain faces dilemmas. 

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June 18, 2022

Bitskwela Partners with Gibki to Build NextGen Filipino Web3 Developers

With this partnership, Gibki will work hand-in-hand with Bitskwela’s mission by providing blockchain and cybersecurity consultancy.

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June 15, 2022

Introduction to On-chain Metrics

Did you know that cryptocurrency data can be viewed? This would not have been possible if on-chain metrics did not emerge.

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June 9, 2022

Bitskwela Partners with Likha to Educate Filipinos on NFTs

Bitskwela is proud to announce its partnership with Likha to help educate Filipinos on NFTs.

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June 5, 2022

Blockchain: A Revolutionary Invention born 20 years ago

If you’ve ever heard about “Bitcoin”, there’s a big chance that you’ve also encountered the term “blockchain.” However, did you know that this concept has been around since 1991?

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