If you look at crypto communities online, be it on Twitter or Telegram or Reddit, you’ll find them to be largely made up of men. If asked to visualize the crypto community, everyone would picture a crypto bro (men who are singularly focused on cryptocurrency predictions) discussing which currency will go “to the moon” next. In fact, 94% of all cryptocurrency is owned by men, which means that women occupy only 6% of all crypto holdings.
Cryptocurrency is an extremely volatile and turbulent asset, especially owing to its immensely speculative nature. Investors use a variety of means to gauge cryptocurrencies’ price movement in order to determine future crypto asset performance, including social media sentiment and indices.
In August 2021, a collection of 10,000 anime-inspired non-fungible tokens (NFTs) called “Milady Maker” entered the market. The project was the brainchild of crypto-based business Remilia Collective.
When you are lost on the street, you probably will use your phone and check your favourite navigation app to find the correct route. The whole process is so effortless that you may not realize how sophisticated it is to capture the entire street view in 3D and display it on the 2D screen of your mobile phone.
The price of Bitcoin has risen since its arrival on the crypto market in 2009. Despite recent volatility, the price of a single Bitcoin is still a staggering US$24,130 as of August 8, 2022. Given the value of Bitcoin, it is no wonder that many professionals and amateur investors are eager to tap into the burgeoning market.
Central banks worldwide are exploring ways to issue their digital currency, also known as central bank digital currencies (CBDCs). In a report released in January 2020, the Bank for International Settlements (BIS) surveyed 66 central banks and found that 80 percent were developing CBDCs.
In December 2021, a new contender entered the cryptocurrency market. Going by the name PLC Ultima (PLCU), the currency was just valued at US$0.10 when it first came into existence. To put this into perspective, 6000 cryptocurrencies had been launched in 2021, taking the total number of cryptos in the market from 10,000 to 16,000.
The dark side of the non-fungible tokens (NFTs) market started to reveal itself after NFTs became mainstream last year. Previously, we have explored how the NFT marketplace is riddled with scams, such as artist impersonations and insider trading. Not only have such hoaxes become a big issue for buyers hoping to get their hands on genuine artist works but also for the artists themselves.
After making it to the mainstream during the pandemic, non-fungible tokens (NFTs) seem to be everywhere. If you go onto some well-known NFT marketplaces, such as OpenSea and Crypto.com, you can easily find all sorts of NFTs in their dropdown menus, ranging from art, memes and music to photography and sports for purchase or rental. Lately, the NFT market has even welcomed wine NFTs to the space.
The Bitcoin 2022 conference, hosted by Bitcoin Inc. at The Miami Beach Convention Center in Florida in the U.S. in April, was embroiled in controversy as various cases of harassment emerged from the three-day cryptocurrency event. Several women have come forward with claims of sexual and cyber harassment in the aftermath of the conference.
From over 200,000 in September 2021 to just about 20,000 in May 2022—NFT sales have taken a significant hit, falling by 92 percent worldwide. Though the space is familiar with instability, this time, it appears to be more worrying than usual. NFTs are data-driven digital tokens representing ownership stored on a blockchain. From music and art to films and more, nearly anything can be an NFT.
By 2030, more than 134 million tons of textiles will be discarded. Yet, the environmental issues and impacts brought about by the textile industry tend to come across as abstract and far away, especially to those living in more developed regions away from manufacturing plants. The reason is simple—out of sight, out of mind.
NFTICALLY is an up-and-coming startup company specializing in the non-fungible token (NFT) ecommerce metaverse. Upon entering the NFTICALLY metaverse, you get a 360-degree view of a chosen brand’s storefront and can navigate through the store to look more closely at its different features. Users can also opt to join sessions with friends, and they can call on channels only accessible to their own specified group of people.
Environmental, social and corporate governance (ESG) criteria are increasingly being used to screen investments. Nowadays, with greater environmental and social awareness, more and more fund managers and investors are prioritizing non-financial metrics, such as environmental impacts, inclusivity and diversity, to determine where to place their money.
If you haven’t been living under the proverbial rock in the crypto universe, you must have heard of DAOs, i.e. decentralized autonomous organizations. The majority in the community drives these organizations, and it has become a preferred way for startups and institutions to raise money and reach investors globally. However, with the growing number of DAOs, as a potential investor or community member, you might be confused about which one you should join.
On May 17, 2021, Gucci launched Gucci Garden—a two-week pop-up store on metaverse platform Roblox. The luxury brand displayed some of its most coveted items and invited users to drop their avatars and reapproach their sartorial sensibilities from a blank slate. The pop-up was an ode to the brand’s Creative Director Alessandro Michele, and over 20 million users visited it.