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The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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All right people, gather round for some musings in the NFT world.
Let me tell you what is hot right now eh.
Creative Commons Zero or cc0 is all the rage now.
It used to be 10k algorithmically generated NFTs.
Then PFPs.
Then Ai-generated art NFTs.
Now, enter the era of zero copyright.
cc0 means no one owns any IP.
Anyone can build, create and use the image/name of the NFT freely.
It is a radical new concept that frankly isn’t new, but has somehow taken on a new form in the modern world of web3.
What are some popular NFTs that are cc0?
XCOPY, Decagon, Grant Yun, Nouns, GoblinTown.
Even Kevin Rose abruptly announced that Moonbirds, one of the more successful NFT recently, will adopt cc0.
Without even asking its existing community or even a solid reasoning behind it.
What can you do with a cc0 NFT?
That means you can legally take any image of the GoblinTown NFT collection and do whatever you want with it.
Create a new 10K AI-generated NFT collection as a spin-off and call it “Goblin’s kids”.
Build your own brand of burgers called “Goblin Burgers”.
Or even a new make-up line called “Goblin Charm”.
Its all legal and in fact, encouraged.
Why?
If everyone build on the brand and spread the word, in theory, the brand grows much faster and stronger over time.
Is that really the case?
Perhaps, but this is a really new concept that is just emerging.
I think it would work for some but if every other NFT collection does it, it loses its charm and effect.
Think about it.
cc0 won’t work if everyone is cc0.
For those old enough to recall The Incredibles in 2004.
The supervillain Syndrome wanted to get revenge on Mr Incredible by giving everyone out there on the streets access to gizmos and super powers.
That way, when everyone has super powers, nobody is really special anymore.
In a way, when everyone’s super, no one will be.
Imagine for a second.
Every new NFT collection spinning out is a cc0 project.
Will there be enough people to work on each NFT?
There is simply too many IP to create, too much to build and too much to work on.
This will generate a glut and over supply in the market.
What happens when there is too much supply and not enough demand?
Prices will fall and people will lose interest and a downward spiral ensues.
cc0 is a novel concept but we must be careful not to overplay our cards, or it will end in its premature demise as quickly as it arrived.
-
Do you know what is cc0?
-
#startups #business #startupx #growth #success #socialmedia #culture #web3 #strategy #hacks #cc0 #copyrights #moonbirds #IP #hype #eth #btc #crypto #hackers #market #supplydemand
All right people, gather round for some musings in the NFT world.
Let me tell you what is hot right now eh.
Creative Commons Zero or cc0 is all the rage now.
It used to be 10k algorithmically generated NFTs.
Then PFPs.
Then Ai-generated art NFTs.
Now, enter the era of zero copyright.
cc0 means no one owns any IP.
Anyone can build, create and use the image/name of the NFT freely.
It is a radical new concept that frankly isn’t new, but has somehow taken on a new form in the modern world of web3.
What are some popular NFTs that are cc0?
XCOPY, Decagon, Grant Yun, Nouns, GoblinTown.
Even Kevin Rose abruptly announced that Moonbirds, one of the more successful NFT recently, will adopt cc0.
Without even asking its existing community or even a solid reasoning behind it.
What can you do with a cc0 NFT?
That means you can legally take any image of the GoblinTown NFT collection and do whatever you want with it.
Create a new 10K AI-generated NFT collection as a spin-off and call it “Goblin’s kids”.
Build your own brand of burgers called “Goblin Burgers”.
Or even a new make-up line called “Goblin Charm”.
Its all legal and in fact, encouraged.
Why?
If everyone build on the brand and spread the word, in theory, the brand grows much faster and stronger over time.
Is that really the case?
Perhaps, but this is a really new concept that is just emerging.
I think it would work for some but if every other NFT collection does it, it loses its charm and effect.
Think about it.
cc0 won’t work if everyone is cc0.
For those old enough to recall The Incredibles in 2004.
The supervillain Syndrome wanted to get revenge on Mr Incredible by giving everyone out there on the streets access to gizmos and super powers.
That way, when everyone has super powers, nobody is really special anymore.
In a way, when everyone’s super, no one will be.
Imagine for a second.
Every new NFT collection spinning out is a cc0 project.
Will there be enough people to work on each NFT?
There is simply too many IP to create, too much to build and too much to work on.
This will generate a glut and over supply in the market.
What happens when there is too much supply and not enough demand?
Prices will fall and people will lose interest and a downward spiral ensues.
cc0 is a novel concept but we must be careful not to overplay our cards, or it will end in its premature demise as quickly as it arrived.
-
Do you know what is cc0?
-
#startups #business #startupx #growth #success #socialmedia #culture #web3 #strategy #hacks #cc0 #copyrights #moonbirds #IP #hype #eth #btc #crypto #hackers #market #supplydemand
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