Article: “History Shows Us That You Foster Adoption By Dropping Barriers to Entry”

Decentralized Internet, Web 3.0

“History Shows Us That You Foster Adoption By Dropping Barriers to Entry”

I’m focusing only on evolution in terms of how distribution and wealth is created and dispersed. Web 3 is in the process of disrupting the tech industry and even the future of work completely. I have absolutely no doubt in my mind that projects which open up more opportunities for end-users to turn into collaborators/partners will attract more viral platforms than we have ever seen before. Just as we have seen an explosion of e-commerce through the internet, we will gradually but surely see an explosion of the Web 3 economy.

To provide a contextual example of how and why I think Web 3 alternatives will beat out Web 2.0, I think that over time platforms such as YouTube, which only reward top performers, will be outperformed by upstart Web 3.0 alternatives that reward users from their first video, referrals, curation and other tasks from day one.

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Article: How The World Of NFTs Could Be The Next Big Thing For Advertising

Crypto, Digital Content, Innovation

How The World Of NFTs Could Be The Next Big Thing For Advertising

It only makes sense that advertising and marketing technology should heed the call. Immersive mobile advertising campaigns that use NFTs can be distributed programmatically across various platforms. Brands can use NFT technology to provide personalized gifts, vouchers or more to their customers. For example, Taco Bell recently sold NFTs for digital taco art (and donated 100% of the profits to Taco Bell Foundation, Inc.). This technology can help drive user engagement for brands and can be attributed back to a user or paid media channel without the need for a cookie. For a specific subset of consumers, it’s a win-win situation for both them and advertisers.

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Article: 3 Ways to Make Money with Non-Fungible Tokens (NFTs)

Crypto, Digital Content, Money

3 Ways to Make Money with Non-Fungible Tokens (NFTs)

There’s no doubt that  are the most popular trend in the crypto community right now. From celebrities to respected companies, everyone is talking about launching their own NFTs. But not all NFTs are made equal: while some are worth a fortune, some can be practically worthless. Let’s take a look at some of the most profitable ways individuals and companies are making money during the current NFT  rush.

  • Digital Works of Art
  • Licensed Collectibles
  • NFT Video Games

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Article: Yao Ming pairs wines with NFT to fight anti-Asian hate

Crypto

Yao Ming pairs wines with NFT to fight anti-Asian hate | South China  Morning PostYao Ming pairs wines with NFT to fight anti-Asian hate

Yao Ming’s Yao Family Winery will auction an NFT wine pairing on Wednesday with some of the proceeds going toward community organisations fighting against anti-Asian discrimination in the US.

“Pairing this exquisite wine with a limited edition NFT should appeal to wine collectors, sports memorabilia collectors, NFT collectors, early adopters and anyone who appreciates the value of one-of-a-kind assets,” Yao Family Wines president Jay Behmke said.

“As a Napa Valley-based winery with a Chinese founder, we’re also pleased to dedicate a portion of proceeds from The Chop Drop to the Asian-American community at this critical time.”

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Article: ‘With DeFi, You Have Complete Access’ — The Week in Quotes

Crypto, Decentralized Internet, Money

‘With DeFi, You Have Complete Access’ — The Week in Quotes

Plenty of discussions this week occurred at the World Economic Forum. A key topic was decentralized finance (DeFi). Speaking at the “Behind the decentralized finance hype” panel, Rune Christensen of MakerDAO brought to light the future of DeFi and how it is growing rapidly.

Christensen explained how DeFi can be accessed by anyone:

“It doesn’t matter if you’re a hedge fund manager on Wall Street or if you’re one of the 1.7 billion people that don’t even have a bank account. With DeFi, you have complete access.”

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Article: Blockchain is making its mark in sports, and there’s more to come

Blockchain, Innovation

Blockchain is making its mark in sports, and there’s more to comeBlockchain is making its mark in sports, and there’s more to come

“I feel that once we speak about blockchain, we instantly totally gravitate our ideas to Bitcoin, however Bitcoin is just one software of blockchain,” Itamar Melamed, Head of Innovation Growth at Infront Lab, advised CTech. “Blockchain is the backend of the whole ecosystem of cryptocurrencies, however blockchain has a number of distinctive capabilities that the sports activities market might harness and make the most of. Before everything it may possibly virtually utterly eradicate what’s known as double-spending. This can be a very huge drawback in sports activities in terms of forgeries.”

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Article: Non-fungible tokens: are you buying art or trading securities?

Crypto

Non-fungible tokens: are you buying art or trading securities?

Although most NFTs currently in existence do not resemble securities, Canadian securities regulators have consistently stated that such a conclusion depends on the specific nature of the token and the representations and marketing efforts of the issuer. Accordingly, it is critical that crypto issuers and related businesses, as well as investors and other market participants, are aware of and consider the securities law requirements that may apply to their activities in order to avoid costly regulatory surprises.

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Article: The value of NFTs, explained by an expert

Crypto

The value of NFTs, explained by an expert

How emotional attachment to certain items and gifts could affect our understanding of value.

Brands are very, very excited about non-fungible tokens. Over the past month, some of America’s most recognizable brands have eagerly hopped onto the bandwagon, selling limited-edition Taco Bell cryptoartold Time magazine covers, a New York Times column, and a virtual Pringles chip flavor. Non-fungible tokens, it seems, have entered the mainstream, even as the technology remains confusing and largely inaccessible to regular Americans.

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Article: The rise of NFTs and what it could mean for the collaboration economy

Crypto

The rise of NFTs and what it could mean for the collaboration economy

Many new blockchains with much lower fees are gaining popularity and are expected to dramatically reduce the cost of minting and buying an NFT.
New platforms are simplifying the NFT trading process. For instance, transactions on NBA TopShot are not conducted in cryptocurrencies but regular dollars, making it easier for everyone to get involved.

Regardless of where we go, the future is very exciting and the decentralization movement will have a significant impact on how we interact and work together in the future!

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Article: NFT craze: Why are non-fungible tokens all the rage?

Crypto

To prove its authenticity, 'Everydays – The First 5000 Days' features what is known as a non-fungible token (NFT) that digitally attaches the artist’s signature to it and can’t be altered, Christie’s said [Christie's Images Ltd via Reuters]NFT craze: Why are non-fungible tokens all the rage?

Is this just a fad?

If you’re asking why anyone would pay over $1,000 for a virtual Christmas sweater with the Bitcoin logo all over it, perhaps you’re not in the right place. But it is entirely possible that the whole NFT obsession may prove a fad – or not. Many of the first NFTs were in the style of CryptoPunks, pipe-smoking digital beings that date back to 2017, and CryptoKitties, cute virtual felines that started the same year.

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