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...
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 ...
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
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...
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 ...
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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We spoke about how it started with the OG CryptoPunks, then Meme culture, then the 10k collections, then scams and grifts.
Here is the part 2 on the Evolution of NFTs.
NFTs were booming in 2021 and suddenly, it became a viable, serious business to trade, collect, own and build NFT projects.
It generated a massive subculture and economy complete with marketplaces dedicated for it, new talents rushing into the scene and celebrities endorsing them with brio.
But when there is much money to be made, you can bet bad actors will arise.
People were losing their precious NFTs to discord scams, getting their wallets drained, watching project owners disappear after raising millions.
Suddenly, the collective market decided that they had enough of this nonsense and demanded NFTs with real utility.
Utilitarian NFTs became the rage.
Just having a digital graphic as an NFT isn’t going to cut it anymore.
The NFT has to confer a membership to a physical club, a restaurant, a ticket to a concert, a supercar or the opportunity to purchase future collections.
I thought we should have already started with that, but oh well, it is an improvement.
Then recently, cc0 NFT projects were the rage.
GoblinTown was all the rage, allowing people to mint and own the NFTs for free, and they can do ANYTHING with it.
That includes owning the copyrights, making movies, songs, printing merchandise and profiting from it.
The project owners simply make sweet juicy royalties from the sale of the NFTs, and watch the brand grow stronger each day as more people share, build and use it.
Pretty radical.
Oh how NFTs have evolved so beautifully over the years.
We had the OG CrpytoPunks, Meme culture, 10k collections, PFPs, utility NFTs, cc0 projects…
Each one more interesting, innovative and adorable than the last.
Now there is NFT rentals, IP licensing and a deeper focus on high-utility community-building.
Underlying it all, is the community and membership that will continue to grow.
Sure there will still be scams and obstacles, natural things that will come and go.
The road ahead won’t be smooth, but it will be fun.
Go forth and have fun.
-
Are NFTs still cool?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #bitcoin #cryptocurrency #bayc #nft #airdrop #branding #evolution #revolution #web3
We spoke about how it started with the OG CryptoPunks, then Meme culture, then the 10k collections, then scams and grifts.
Here is the part 2 on the Evolution of NFTs.
NFTs were booming in 2021 and suddenly, it became a viable, serious business to trade, collect, own and build NFT projects.
It generated a massive subculture and economy complete with marketplaces dedicated for it, new talents rushing into the scene and celebrities endorsing them with brio.
But when there is much money to be made, you can bet bad actors will arise.
People were losing their precious NFTs to discord scams, getting their wallets drained, watching project owners disappear after raising millions.
Suddenly, the collective market decided that they had enough of this nonsense and demanded NFTs with real utility.
Utilitarian NFTs became the rage.
Just having a digital graphic as an NFT isn’t going to cut it anymore.
The NFT has to confer a membership to a physical club, a restaurant, a ticket to a concert, a supercar or the opportunity to purchase future collections.
I thought we should have already started with that, but oh well, it is an improvement.
Then recently, cc0 NFT projects were the rage.
GoblinTown was all the rage, allowing people to mint and own the NFTs for free, and they can do ANYTHING with it.
That includes owning the copyrights, making movies, songs, printing merchandise and profiting from it.
The project owners simply make sweet juicy royalties from the sale of the NFTs, and watch the brand grow stronger each day as more people share, build and use it.
Pretty radical.
Oh how NFTs have evolved so beautifully over the years.
We had the OG CrpytoPunks, Meme culture, 10k collections, PFPs, utility NFTs, cc0 projects…
Each one more interesting, innovative and adorable than the last.
Now there is NFT rentals, IP licensing and a deeper focus on high-utility community-building.
Underlying it all, is the community and membership that will continue to grow.
Sure there will still be scams and obstacles, natural things that will come and go.
The road ahead won’t be smooth, but it will be fun.
Go forth and have fun.
-
Are NFTs still cool?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #bitcoin #cryptocurrency #bayc #nft #airdrop #branding #evolution #revolution #web3
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