Author: Forbes
Ethereum (ETH) used to be the end-all be-all of blockchains for developers building apps and making cryptocurrencies. Others have popped up to rival it, of course, but not until the last year and a half have investors started paying attention to them. Where they look to invest depends on where project developers are turning to, outside of Ethereum. Instead of following the money, the money is following the developers. Ethereum was the first kid on the block, but that first mover advantage can melt fast once other platforms prove they are just as good, or even a bit better. “We…
In a lot of ways, NFTs have represented an opportunity for artists to bypass traditional gatekeepers, allowing a more diverse range of artists to reach collectors and sell their work independently. However, a recent vote by Wikipedia editors introduced a new type of gatekeeping: the popular online encyclopedia has decided not to classify NFTs as art. Many creators and collectors of digital art found this decision to be overstepping and short-sighted. The basis for this sentiment is the observation that NFTs, while not always used for art, can be another artistic medium, like paint or ceramics. And even more than that, the idea that any person…
The technology in EV batteries is developing fast. For starters, the cost is now about 10% of what it was a decade ago for the same capacity and continuing to drop. But as the price goes down and the chemistries are adjusted to increase energy density and longevity, more radical design changes are on the horizon too. A small specialist performance car company owner reckons his latest development could revolutionize the way batteries are managed. Dennis Palatov, the driving force behind Palatov Motorsport LLC, has been building bespoke track-focused performance cars for well over a decade, using a variety of…
Bitcoin soared through much of 2021, helped on by the likes of Tesla TSLA +1.8% and El Salvador embracing the cryptocurrency (though Tesla CEO Elon Musk is increasingly backing the meme-based dogecoin). The bitcoin price, hitting an all-time high of almost $70,000 per bitcoin in November, has since crashed back, losing around 40% of its value and wiping $1 trillion from the combined crypto market. Now, Wall Street giant Fidelity has said other countries and even a central bank could follow El Salvador and Tesla into bitcoin this year—predicting those that buy bitcoin while the price is low “will be better off competitively…
The crypto industry keeps flinging NFT-shaped rocks at the hornet’s nest of the gaming industry, and today, we’ve waded into pretty bizarre territory. Prolific video game voice actor Troy Baker, best known for playing Joel in The Last of Us, announced a partnership with “Voiceverse,” a company that claims it will be turning AI-generated voices into NFTs. Baker seems to have anticipated the backlash it would bring, and boy, was he correct. There are a number of complaints being made by fans and fellow members of the gaming industry here. https://twitter.com/TroyBakerVA/status/1481869350621437955?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1481869350621437955%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fembedly.forbes.com%2Fwidgets%2Fmedia.html%3Ftype%3Dtext2Fhtmlkey%3Dcfc0fb0733504c77aa4a6ac07caaffc7schema%3Dtwitterurl%3Dhttps3A%2F%2Ftwitter.com%2Ftroybakerva%2Fstatus%2F1481869350621437955image%3Dhttps3A%2F%2Fi.embed.ly%2F1%2Fimage3Furl3Dhttps253A252F252Fabs.twimg.com252Ferrors252Flogo46x38.png26key3D8804248494c144f5b4765c41f66c6ed5 1) Support of NFTs, which critics claim encourage creative theft…
NFTs may be confusing, if not to you, at least to me. However, they are entering the world of private aviation, via the world of art, and it piqued my interest. According to the r/NFT Reddit, which has over 300,000 followers, “Non-Fungible Tokens are set to change how value interoperates across the digital landscape of media in the new Web 3.0 version of the internet. These unique asset span across video games, blockchain domains, representing a claim on physical assets, and even as decentralized identities.” https://twitter.com/PJPP_NFT/status/1478326069673529344?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1478326069673529344%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fembedly.forbes.com%2Fwidgets%2Fmedia.html%3Ftype%3Dtext2Fhtmlkey%3D3ce26dc7e3454db5820ba084d28b4935schema%3Dtwitterurl%3Dhttps3A%2F%2Ftwitter.com%2Fpjpp_nft%2Fstatus%2F1478326069673529344%2Fphoto%2F1image%3Dhttps3A%2F%2Fi.embed.ly%2F1%2Fimage3Furl3Dhttps253A252F252Fabs.twimg.com252Ferrors252Flogo46x38.png26key3D3ce26dc7e3454db5820ba084d28b4935 Private Jet Pajama Party was created by Benny Robinson. His credits include a redesign of the…
The fact that we are in the grip of a global energy crisis is now beyond doubt. In the UK there are a slew of energy businesses going into administration, and pleas for government bailouts for energy intensive manufacturers. In the domestic economy, there are spiraling numbers of old people who, having survived Covid-19, are forecast to perish unless the winter is exceptionally mild. In recent months, France has seen some of its fastest growing green energy suppliers lose customers at a rapid rate, as the green premium looks increasingly unaffordable. Hydroption, a supplier of low carbon electricity, has been placed…
It looks like bitcoin and cryptocurrency prices have bottomed out—ending the worst weekly crypto rout since last December, during which major cryptocurrencies shed $300 billion in combined value. This week, the world’s #1 cryptocurrency bitcoin is up 3.3%. The price of its closest rival by market cap, Ethereum, jumped 5.3%. Other major cryptocurrencies are also on a tear. BNB is up 9.5%, Cardano 16.2%, and Solana 10.6%. While the entire crypto market is having a blast, Bank of America BAC +0.7% has singled out one cryptocurrency that could become the next big thing in town. In a recent note, its digital asset strategist…
The hot topic right now is all the talk of the “metaverse” — the moniker given to the idea that our lives will take place more and more in a fully digital setting rather than a mostly physical one. The theory is that our work lives, our transactions, our social interactions and most of the other ways we interact with others will become ones that happen across an evolved and interconnected digital space called the metaverse. As we build toward this future, organizations are starting to look for the best places to make their mark while the metaverse is still…
As a child growing up in the 1980s and 1990s, Sohrob Farudi was a diehard Dallas Cowboys fan. He also enjoyed playing sports and video games and participating in fantasy football, just like many kids his age. As Farudi got older, he became fascinated by finance and technology and dreamed of somehow combining his passions. Farudi did just that when he and three others founded Fan Controlled Football, or FCF, a 7-on-7 league that debuted last year and features former high school, college and professional players competing on a 50-yard field. Fans have a major influence, including drafting the teams, calling offensive…