The thousand true fans thesis builds on the original ideals of the internet: users and creators globally connected, unconstrained by intermediaries, sharing ideas and economic upside. There are three important reasons why NFTs offer fundamentally […]
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China Charges Ahead With a National Digital Currency
No other major power is as far along with a homegrown digital currency. China has charged ahead with a bold effort to remake the way that government-backed money works, rolling out its own digital currency […]
Christie’s gets Digital
The art market’s latest craze is for Non-Fungible Tokens (NFTs) and this month Christie’s will be the first major auction house to offer a digital work in this format. NFTs essentially stamp the art on […]
NBA Top Shot and the World of Digital Collectibles
Top Shot has gained traction with more than 50,000 users having bought in and spent more than $65 million in the process. Jeremy Levine was just checking his phone quickly before heading out to spend […]
The ‘Unreal Economy’ is Thriving
The market for cryptocurrencies, digital flowers and virtual real estate is booming. £57,000 for a virtual flower. £71,000 for a digital basketball card. £1m for real estate in a video game. It’s not just bitcoin. […]
Visa Prepares for Crypto Future
Visa CEO Alfred Kelly says the card scheme is preparing its payments network to handle a full range of cryptocurrency assets. In an earnings call with analysts, Kelly says the company will treat the crytocurrency […]
Biggest Ever NFT Sale Made
Nine rare plots of digital land on blockchain game Axie Infinity were sold in what is now the most expensive NFT sale ever. Nine plots of land on blockchain game Axie Infinity were sold for […]
Why did Tesla buy Bitcoin?
Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset. The big question observers are asking is, why is the Elon Musk-run company […]
Understanding the African Continental Free Trade Area
The African Continental Free Trade Area (AfCFTA) came into effect on 1st January 2021, creating the trade agreement with the largest number of countries in the world. Africa does very little trade with itself as […]