Check this space for my regular weekly news posts on "Stanley's Musings" - click HERE for instant access.
Tuesday, 3 October 2023
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Friday, 22 September 2023
Death of the NFT
There is some bad news for NFT fans. The digital collectibles are pretty much worthless now.
Using data from NFT Scan, the crypto platform dappGambl found that 95% of the 73,257 non-fungible token collections (e.g., Bored Ape Yacht Club) it analyzed are worth 0 ether. In other words, if NFTs were physical objects, it’d be time to put them on the same garage shelf where your Beanie Babies went to die. The report estimates that 23 million people are now the owners of worthless digital files. The crash is mainly for one reason: There just isn’t enough demand to keep up with supply.
(Culled from the MORNING BREW)
Using data from NFT Scan, the crypto platform dappGambl found that 95% of the 73,257 non-fungible token collections (e.g., Bored Ape Yacht Club) it analyzed are worth 0 ether. In other words, if NFTs were physical objects, it’d be time to put them on the same garage shelf where your Beanie Babies went to die. The report estimates that 23 million people are now the owners of worthless digital files. The crash is mainly for one reason: There just isn’t enough demand to keep up with supply.
(Culled from the MORNING BREW)
Monday, 18 September 2023
What will it take to control AI?
Labels:
AI,
future,
technology
Thursday, 7 September 2023
Crypto: The World’s Greatest Scam
Labels:
Bitcoin,
Blockchain,
crypto,
scam
Wednesday, 6 September 2023
EU Just Changed Smartphones Forever
Labels:
EU,
right to repair,
smartphone
Sunday, 3 September 2023
‘Treated Risk Management Like A Total Afterthought’: Tina Smith Raises Concern About SVB Failure
Labels:
banking crisis,
risk management,
SVB
Saturday, 19 August 2023
Tokenization - whats new this time?
Tokenization adoption was poised for success six years ago, but progress was limited. Renewed interest might feel like déjà vu, but stronger business fundamentals and structural changes suggest the path could be different this time.
Check this out HERE.
Labels:
Blockchain,
digital assets,
tokenization
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