Few companies compare to Animoca Brands when it comes to embracing the metaverse and blockchain technology. The Hong Kong-based gaming and venture capital company invested in Axie Infinity before it took off and hedged its bets on digital property rights by way of launching The Sandbox, a virtual metaverse and mobile game. No doubt, they’ve always stayed ahead of trends in the blockchain world.
“I love chaos”, tweeted Terra Founder, Do Kwon, just a few days before his crypto crashed to zero. For him, watching companies crumble during the crypto crash was “entertaining”…until his own did, leaving him “heartbroken” and broke. Whether he jinxed or calculatedly brought this misery upon himself is yet to be ascertained.
When researching law firms, look out for those who have experience advising start-ups as part of their practice. Those with the industry knowledge probably already have a set of standard documents which can be leveraged and customized, addressing your legal needs in a streamlined manner.
Almost six months into 2022 and layoff reports are already flooding the Indian startup industry and causing turmoil among employees and job hunters. Many startup employees from Indian startups that had raised millions of dollars are getting the pink slip, as these startups are now struggling to keep their businesses afloat. These startups are “restructuring”, “downsizing” or “automating” operations in an attempt to cut costs.
According to the World Health Organization (WHO), cancer is one of the leading causes of death worldwide, accounting for the loss of 10 million lives in 2020. To prevent these deaths, cancer needs to be detected at an early stage. But detection remains a challenge, particularly in lower-income countries, where there is a dearth of diagnostic tools.
Virtual real estate is booming, with sales topping US$500 million last year. In 2021, The Sandbox, the largest real estate metaverse, saw 65,000 virtual land transactions, totaling US$350 million. Meanwhile, Decentraland, the second-largest virtual world, saw 21,000 real estate transactions worth US$110 million last year.
Over the past few years, people across the globe have been transitioning to online shopping. As of 2021, 2.14 billion people are estimated to be shopping for goods and services on the internet, with e-commerce accounting for 19.6% of all retail sales worldwide. One of the companies contributing to the exponential growth of the e-commerce industry is Wish.
Billionaires, including Elon Musk and Mark Cuban, have waxed eloquent about meme coins. These are digital tokens that started as jokes but have since taken off in value. Some even credit meme coins for helping cryptocurrencies, in general, reach a larger audience.
The butterfly effect, a part of chaos theory (a branch of mathematics and mechanics that studies random or unpredictable events in complex systems), is a phenomenon wherein a small or seemingly unrelated event sets in motion the trajectory of something significant. It is fascinating to observe this phenomenon, especially in the dynamic realm of businesses.
Supercomputers may be our glimpse into the future. Renowned computer scientist John von Neumann proposed the term “technological singularity” to describe the point of development at which it is impossible to predict the changes that technology will bring to human civilization.
In the past, starting a business from scratch used to be an arduous process. Now, it is even more difficult to succeed as an entrepreneur, as the complexity and intensity of running a business are rising with time.
Artificial intelligence (AI) and machine learning have been prominent features in Formula 1 (F1) racing since 2018. F1 has partnered with e-commerce giant Amazon to enhance its racing strategies, data tracking systems and digital broadcasts.
With more and more people holding cryptocurrencies today, the crypto crash of May 2022 has had severe financial consequences. Reliable currencies, including Bitcoin and Ether, met a terrible fate, as did stablecoins, amounting to losses of over US$300 billion.
When it comes to financing and budgeting, most of us have to learn everything all by ourselves. From figuring out the right kind of investments to learning how to manage your spending habits, we all need to know more about handling our personal finances.