Despite cannabis (also known as weed or marijuana) being illegal in a large part of the world, the global cannabis market was worth US$28.26 billion in 2021 and is expected to grow to US$197.74 billion by 2028. Gone are the days when venture capital firms would dismiss cannabis companies as problematic investments.
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.
When the pandemic hit in 2020, everyone was forced into their houses and left with a limited amount of options on what they could do. With nothing to do and a lot of free time, people took to binge-watching. The binge-watching trend was a boon for over-the-top (OTT) streaming services, with Netflix being one of the biggest winners.
So you want to invest in a startup? Great! But, before making any decisions, be sure that the company is worth it. There’s no guarantee that the company you are going to invest in will succeed. There are many factors that can make or break an investment opportunity with high risk-reward potential, including team, product vision and roadmap development along with financials.
As of 2022, crypto assets worth US$120 billion are locked in decentralized finance (DeFi) applications. DeFi’s rise to fame can be attributed to its decentralized take on traditional financial services, including lending and borrowing, insurance and interest-bearing accounts.
If you are one of our Indian readers, it would come as no surprise to you that most people within the Indian subcontinent are obsessed with gold. Between April and December 2021, India imported US$38 billion worth of gold. India has a very strong informal system of exchange, which can be turned into cash and used in case of emergencies.
Whether you are just starting your business or have been running a startup for years, finding the right corporate credit card is crucial for all. Having the right credit card can help set your business up for success by creating financial flexibility.
Decentralized financing (DeFi) is a way of taking banking outside the control of traditional financial institutions. It has emerged as a new and revolutionary way of investing funds with quicker transaction speeds. As of January 2022, US$92.3 billion of value is locked in on DeFi platforms.
In January this year, the crypto market experienced a massive crash and lost a total of US$1 trillion in value. With this crash came the fear of the onset of crypto winter, where the prices of cryptocurrencies drop with no upswing in sight. While the fear has since subsided, the crypto market has been experiencing a crash amid growing conflict in Ukraine.
If you can play games, work together and hang out at concerts as virtual avatars in the metaverse, then sex doesn’t seem too far off the mark, right? According to a game development theory called “Time to Penis” (TTP), every platform or game has a certain time period before users find out how to create a penis on it.
The crypto market had a great run through 2021. In November, its market capitalization hit US$3 trillion, and Bitcoin reached an all-time high of US$68,000. However, jumping into 2022, the market has experienced some roadblocks. On January 14, Bitcoin fell by 12% to US$36,000, dropping to its new lows since July 2021. Bitcoin’s crash saw a parallel fall in other cryptocurrencies as well, resulting in a total of US$1 trillion being wiped out of the crypto market.
With the non-fungible token (NFT) market growing to US$41 billion, 2021 turned out to be a great year for those within the space. The popularity of NFTs is evident in the fact that the use of the abbreviation has increased by 11,000% in the past year. As interest in NFTs increases, more and more people are looking to grab one of these digital collectibles for their collections.
In one way or another, all of us have been exposed to popular tech buzzwords, like non-fungible tokens (NFTs), the metaverse and Web 3.0. As of 2021, the NFT market is worth US$41 billion; several metaverse tokens, such as Axie Infinity Shard and SAND, have been climbing the crypto ranks.
Over the past year, non-fungible tokens (NFTs) have tremendously grown in popularity. People have made millions by trading NFT memes, artwork, music and much more. Even though numerous people have profited from these tokens, there are still some who have suffered great losses. That’s because, when it comes to trading NFTs, there is more to it than meets the eye.
With the global average life expectancy reaching over 70 years, it is more important than ever today to make services of all kinds more accessible to the elderly. The COVID-19 virus and the threat it poses to seniors has also been an important reason why they have shifted to the digital realm for their necessities.
The global startup ecosystem has been expanding since 2009, and as of 2021, the global startup economy is worth US$3.8 trillion in ecosystem value. With the startup ecosystem performing so well, who wouldn’t want to make the most of the explosive growth? Whether you are a budding entrepreneur or a seasoned veteran in the startup world, you would want to set up your next venture in a city which would get you the right returns.
