Blockchain

Behold the Rolls-Royce Ghost, a bespoke automobile that lives up to its brand name. The base price (before options) is $460,350, which is roughly $120,000 more than the median price of a home in the United States ($340,000) and roughly $120,000 less than the cost of the Nyan Cat NFT ($580,000). Continue Reading →

Are we about to see an explosion of competitive blockchains vying for your NFT projects? I can almost guarantee it. Continue Reading →

From a financial perspective, the pandemic has hit the creator class hard. With the usual venues for live performances and exhibitions closed, artists, musicians, singers, actors, and creators of every description have been forced to fend for themselves. But something very new, and kind of amazing, has happened over the past year. The result may be the emergence of a first-time-ever, self-sufficient, profitable creator class. Continue Reading →

Visa announced plans to use its payment network to settle USD Coin (USDC) transactions. USDC tokens are stablecoins, pegged to the value of a US dollar. Continue Reading →

We’re in the middle of a cryptocurrency bubble and an NFT (non-fungible token) craze. For context, the price of a Bitcoin (BTC) is bubbling around $56,000. The price of an Ether (ETH) is just over $1,700. That sounds bubbly, but this column is not about financial advice. I’m going to teach you, step by step, how to build a very small cryptocurrency mining operation so you can get a deeper understanding of the process. Continue Reading →

Someone very rich (or dangerously insane) just spent more than $500,000 to purchase an NFT of a virtual home. "Mars House" is a piece of digital artwork by Techism artist Krista Kim. Continue Reading →

Twitter CEO Jack Dorsey sold an NFT of his first tweet for more than $2.9 million. Wait, what? He sold a tweet? Yes, but the 15-year-old post was sold as an NFT (non-fungible token): a digital certificate of authenticity that confirms this particular digital file is the one the buyer paid for. Continue Reading →

On average, minting a new NFT takes about 130 kWh of electricity. That's about $27 worth of electricity here in NYC. Selling your NFT will use about 340 kWh of juice, which is about $71 per transaction, which is enough electricity to power your whole house for about two weeks or run your refrigerator for a year. Continue Reading →

Are you ready to bid on your first non-fungible token? Welcome to the world of crypto collectibles, where you can purchase a piece of unique, digital content that is guaranteed to be authentic and, theoretically, can't be duplicated. Continue Reading →

The speed of information is directly equated to economic success. If you learn something before your competitor does and you have the tools to make the knowledge actionable, you are almost always going to profit from it. So, while it’s true that “knowledge is power,” the true power comes from the speed with which you can create information asymmetry in a transactional environment. This is the goal of our new online innovation briefings. Continue Reading →