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
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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The NFT is consolidating, not collapsing.
NFTs are dead!
Nobody is buying them anymore.
The hype is over.
That is what people are yapping about.
But that isn’t true.
Like all markets that evolve and mature, there will be some degree of consolidation, merging, with lousy and scammy NFT projects dying off naturally.
It is a natural step towards maturation of a market.
Pretty much only the top few NFTs will survive, with most of the others dying off a natural death sooner or later.
Yuga Labs, the mastermind behind the Bored Ape Yacht Club, has made a splash in the NFT world with its acquisition of PROOF_XYZ, including its prized assets — Moonbirds, Proof Collective, and others.
This acquisition just repositions Yuga Labs as a titan in the realm of digital collectibles.
Yuga’s absorption of Moonbirds into its ecosystem, particularly the eagerly anticipated Otherside metaverse, is akin to a cosmic collision in the digital universe.
The big boys are merging.
With a portfolio now boasting Cryptopunks, BAYC, Meebits, and Moonbirds, Yuga has most of the top 10 blue chip NFTs in their portfolio.
This portfolio is worth hundreds of millions.
By maintaining Proof Collective and weaving it into their existing ventures, Yuga Labs is creating an intertwined universe where each asset amplifies the value of the others.
This bold move comes at a time when NFTs like Pudgy Penguins are basking in the spotlight.
The integration of Moonbirds into Yuga’s expansive universe raises intriguing questions.
How will this acquisition add value to Yuga Labs’ projects?
How will they leverage the unique appeal of the Moonbirds brand?
Are fans of the projects cool with it?
Kevin Rose, the co-founder of Proof, is set to transition into an advisory role post-acquisition.
The visionary behind Moonbirds joins forces with the juggernaut that is Yuga Labs.
The potential for innovation and creative synergy here is immense.
Their combined resources would provide a larger canvas for future roadmaps.
I wonder how much did Kevin sell Proof for.
At its peak, Moonbirds were going for 38.5 ETH at the top.
Now, the floor price is a measly 1.8 ETH.
But most NFTs are suffering since crypto winter too.
The NFT market is volatile, and the integration of such diverse entities under one umbrella brings its own set of challenges.
Can Yuga Labs harmonize these different brands while maintaining their unique identities and community appeal?
That is what they hope to do with the Otherside Metaverse.
It has been quiet so far since they launched it much fanfare 1.5 years ago.
They are hoping to throw in all their collections and make them playable characters in the metaverse.
Yuga has a huge vision.
They would need to bring a lot more exciting stuff to the table right now to re-ignite the hype and get new people interested in what they are doing.
But that is exactly what the $450M is for, right?
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#YugaLabs #NFTExpansion #MoonbirdsAcquisition #DigitalCollectibles #NFTMarket #ProofCollective #OthersideMetaverse #NFTLeadership #TechInnovation #DigitalArt #CryptoPunks #BAYC #Meebits #NFTCommunity #NFTIntegration #DigitalStrategy #MarketDynamics #NFTTrends #DigitalUniverse #TechAcquisitions #CreativeSynergy #NFTFuture #BlockchainTechnology #DigitalAssets #MarketWatch #InnovationInNFTs #TechMergers #NFTVision #DigitalEvolution
The NFT is consolidating, not collapsing.
NFTs are dead!
Nobody is buying them anymore.
The hype is over.
That is what people are yapping about.
But that isn’t true.
Like all markets that evolve and mature, there will be some degree of consolidation, merging, with lousy and scammy NFT projects dying off naturally.
It is a natural step towards maturation of a market.
Pretty much only the top few NFTs will survive, with most of the others dying off a natural death sooner or later.
Yuga Labs, the mastermind behind the Bored Ape Yacht Club, has made a splash in the NFT world with its acquisition of PROOF_XYZ, including its prized assets — Moonbirds, Proof Collective, and others.
This acquisition just repositions Yuga Labs as a titan in the realm of digital collectibles.
Yuga’s absorption of Moonbirds into its ecosystem, particularly the eagerly anticipated Otherside metaverse, is akin to a cosmic collision in the digital universe.
The big boys are merging.
With a portfolio now boasting Cryptopunks, BAYC, Meebits, and Moonbirds, Yuga has most of the top 10 blue chip NFTs in their portfolio.
This portfolio is worth hundreds of millions.
By maintaining Proof Collective and weaving it into their existing ventures, Yuga Labs is creating an intertwined universe where each asset amplifies the value of the others.
This bold move comes at a time when NFTs like Pudgy Penguins are basking in the spotlight.
The integration of Moonbirds into Yuga’s expansive universe raises intriguing questions.
How will this acquisition add value to Yuga Labs’ projects?
How will they leverage the unique appeal of the Moonbirds brand?
Are fans of the projects cool with it?
Kevin Rose, the co-founder of Proof, is set to transition into an advisory role post-acquisition.
The visionary behind Moonbirds joins forces with the juggernaut that is Yuga Labs.
The potential for innovation and creative synergy here is immense.
Their combined resources would provide a larger canvas for future roadmaps.
I wonder how much did Kevin sell Proof for.
At its peak, Moonbirds were going for 38.5 ETH at the top.
Now, the floor price is a measly 1.8 ETH.
But most NFTs are suffering since crypto winter too.
The NFT market is volatile, and the integration of such diverse entities under one umbrella brings its own set of challenges.
Can Yuga Labs harmonize these different brands while maintaining their unique identities and community appeal?
That is what they hope to do with the Otherside Metaverse.
It has been quiet so far since they launched it much fanfare 1.5 years ago.
They are hoping to throw in all their collections and make them playable characters in the metaverse.
Yuga has a huge vision.
They would need to bring a lot more exciting stuff to the table right now to re-ignite the hype and get new people interested in what they are doing.
But that is exactly what the $450M is for, right?
-
-
#YugaLabs #NFTExpansion #MoonbirdsAcquisition #DigitalCollectibles #NFTMarket #ProofCollective #OthersideMetaverse #NFTLeadership #TechInnovation #DigitalArt #CryptoPunks #BAYC #Meebits #NFTCommunity #NFTIntegration #DigitalStrategy #MarketDynamics #NFTTrends #DigitalUniverse #TechAcquisitions #CreativeSynergy #NFTFuture #BlockchainTechnology #DigitalAssets #MarketWatch #InnovationInNFTs #TechMergers #NFTVision #DigitalEvolution
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