Posts tagged with "blockchain"

MOST GOOGLED CRYPTO

The most Googled Cryptocurrencies in California revealed.

  • Bitcoin is the cryptocurrency searched for the most in California.
  • Ethereum ranks as being the second most searched cryptocurrency in California.
  • XRP rounds up the top five as the fifth most searched cryptocurrency in California.

New research has revealed the cryptocurrency that California is Googling the most with Bitcoin taking the top spot.

The research conducted by cryptocurrency experts cryptomeister.com analyzed Google Trends data to establish the top five cryptocurrencies that each state wants to invest in based on searches.

The analysis revealed that Bitcoin had the highest number of searches in California. Bitcoin was the coin that put cryptocurrencies into the mainstream, and is by far the most popular coin, not just in California but across the U.S.  

Ethereum is the second most popular cryptocurrency in California. The cryptocurrency is also second to Bitcoin in market capitalization. It was initially released in 2015 and it placed second in cryptocurrencies attracting interest from Californians. 

Dogecoin is the third most searched cryptocoin in California. Initially being released in 2013, the cryptocoin reached a market capitalization of over $85 billion as of May 2021. Dogecoin has been endorsed by Elon Musk numerous times in the past which has contributed to its ranking on this list. 

Shiba Inu ranks as the fourth most searched cryptocurrency by Californians. Its initial release was in 2020 and its market capitalization is valued at $12.5 billion. 

Rounding up the top five is XRP, with it being ranked number five in searches in forty-one states including in California. XRP’s market capitalization is valued at $20.04 billion. 

Commenting on the findings, a spokesperson for cryptomeister.com said: “The rise in cryptocurrencies has been enormous in recent years, with more and more people looking to invest in them. This study highlights that Bitcoin’s popularity among cryptocurrencies remains supreme, despite the emergence of ‘memecoins’ and other contenders.”

The study was conducted by cryptomeister.com, a leading digital media company that provides news, market analysis and investor insights focused on cryptocurrency.

2022 Range Rover P530 First Edition activation in meatpacking district via 360 MAGAZINE.

CA DMV + CRYPTO

The American Blockchain PAC (CryptoPAC) congratulates Tezos and Oxhead Alpha on their recent partnership with the California Department of Motor Vehicles (DMV) and their continued commitment to improving the lives of people through technology.

Kevin Mehrabi, an advisor of the American Blockchain PAC (CryptoPAC) and founder of StableTech (Tezos Stable Technologies), played a role in this major milestone.

The California DMV, long-stuck in the past with paper-based technology, will now be able to take advantage of the benefits of blockchain technology thanks to this partnership. Digitizing car titles for California drivers will improve the efficiency and security of title transfers, while also streamlining the process.

Kevin Mehrabi, who serves on the advisory board of the American Blockchain PAC (CryptoPAC) and launched critical DeFi infrastructure for the growing Tezos DeFi ecosystem, said, “With this one act, the California DMV is defying the stereotype of bureaucratic inertia—the idea that government agencies are resistant to innovation. Blockchain technologies—and those based on Tezos blockchain, in particular—enable a transformative level of security and efficiency that traditional technologies fundamentally cannot, let alone at a tiny fraction of the operational cost. This will be a great demonstration of blockchain-based innovation for other US government agencies at state, local, and federal levels.”

Todd White, Founder of the American Blockchain PAC, said, “A significant blockchain use case private-public blockchain partnership has been achieved in the State of California.” 

Adelle Nazarian, CEO Of the American Blockchain PAC (CryptoPAC) said, “This partnership between Tezos, Oxhead Alpha, and the California DMV is a victory for the blockchain industry and a step towards mass adoption. Tezos’ ability to bring cutting-edge solutions to traditional industries is impressive and I am proud to be associated with such an innovative and forward-thinking company through the American Blockchain PAC (CryptoPAC).”

Skale launches metaport via 360 MAGAZINE.

SKALE LAUNCHES METAPORT

Ethereum-focused multi-chain network, SKALE, launches Metaport to support users bridging between chains on the SKALE Network. In order to bring Web3 to millions and eventually billions of people, developers will have to create applications that are not only compelling but designed with usability and fast simple onboarding. SKALE has long understood that mass adoption requires the ability to marry the friendly UX of Web2 with the power of blockchain and decentralization. In line with this, SKALE is excited to announce SKALE Metaport. 

SKALE Metaport was created as a super fast, simple way for users to use the chain to chain bridging capabilities of the SKALE Network. Dapp users have a fast and simple way to move tokens of all sorts (ERC20, 721 and 1155) between SKALE Chains and between the Ethereum mainnet.  This is all done using an interface that takes users through the process of moving their tokens and NFTs between chains in a few easy steps.  

Developers get a well designed UI layer that helps them interface with the API layers so that they can integrate this user friendly experience into their Dapps. Not only can they configure it to match their user interface, they can also specify which chains are available and what tokens can be transferred. This is all done at incredibly fast speeds, taking 18 seconds or less, and if the transfer is between SKALE chains, it’s always gas free. 

One example of how the Metaport will be used is in an on-chain PvP game like 

CryptoBlades, where players earn $SKILL tokens. In this example, CryptoBlades developers connect their chain to the Europa Hub (the premiere liquidity hub on SKALE) and can configure Metaport to allow users seamlessly in the Dapp interface to navigate and transfer a token to Europa. Metaport pops up for users and guides them through the process of transferring that token from the game chain to the Europa chain and then back. What’s most exciting is the developer has the ability to customize this to the needs of their game by specifying the token or to allow the user to perform any actions on any tokens that they wish.

SKALE Metaport is available for developers today to integrate into their Dapps! Watch the Metaport demo below with core team engineer Dmytro here

For more information on SKALE

View SKALE’s Network Stats

‍Join Discord

Documentation on deploying a Dapp to SKALE, can be found in the Developer Portal

‍Click here to learn more about SKALE $SKL token

About SKALE

SKALE is an Ethereum native, modular blockchain network composed of high-throughput, low-latency blockchains that are optimized for Web3 user experience. SKALE chains offer zero gas fees to end-users and have advanced features such as on-chain file storage, interchain messaging, zero-cost minting, ML/AI smart contracts, and enhanced security features.

The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.

Louis Vuitton introduced LV diamonds campaign via 360 MAGAZINE

LV DIAMONDS

Louis Vuitton continues its journey into the world of jewelry with the LV Diamonds collection.

This new chapter celebrates the LV Monogram Star diamonds and offers a unique vision of diamonds through unprecedented creations that spark universal emotions and transcend individual personalities. As symbols of commitment, these pieces of jewelry pay homage to our bonds with other people, both to loved ones and to ourselves. They are there to celebrate each facet of our lives. The LV Diamonds collection reaffirms our attachment to ourselves and others, and to those precious moments spent together. 

LV Monogram Star, A Revolutionary Cut 

The monogram flower, Louis Vuitton’s iconic pattern, resonates throughout the House with its timeless and bold design. With the LV Monogram Star diamonds, the motif confirms its status as a symbol of eternity. Innovation, tradition and technology, combined with creativity and jewelers’ savoir-faire, have inspired the Maison with this specific cut, named LV Monogram Star. Instantly recognizable with its fifty-three facets with pointed ends, it repreises the star-shaped monogram flower created by Georges-Louis Vuitton in 1896. A bold, graphic cut, with a brand new outline to make the sleek authentic jewels sparkle like never before. 

The Creations

The exclusive pieces in the LV Diamonds collection designed by Artistic Director for Watches and Jewelry, Francesca Amfitheatrof, showcase LV Monogram Star and brilliant diamond cuts. Rings, unisex bands with understated yet bold designs, earrings and pendants are all tributes to the Mainson’s signature aesthetic. The platinum, rose gold or half-aveed rings rekindle the Art Deco-style V with the Gaston-Louis Vuitton would have adorn his suitcases in the 1920s and 1930s. An even more precious version is enhanced with a central LV Monogram Star diamond, while another one dominates over other rings made of platinum, encrusted or entirely paved with diamonds. THanks to the Louis Vuitton jewelers’ expertise, this monogram flower is turned into a bezel, with tiny V-shaped claws embracing the curves and edges of this rare gem. Playful and graphic, irresistible bands complete the collection with a sparkling checkerboard that calls to mind the Damier canvas created by Georges Vuitton in 1888. Finally, a pendant and earrings, new daily essentials combining the must-have brilliant cut with a flower paved with diamonds let a double motif in diamond and gold resolute on the hollow of the neck or the ears. The new jewelry sets are highlighted by the harmonious use of the same colors and materials – the white and pink of gold, the purity of platinum and the intense shine of diamonds. These exclusive unisex cfreations were designed to be worn by themselves or in conjunction with other pieces, combined, stacked, or mixed or matched in an eternal dialogue. 

The LV Diamonds Certificate 

Louis Vuitton presents the first LV Diamonds certificate. This document reflects their commitment to transparently sourcing their gemstones. Provided with each LV Diamonds creation set with a central stone, this unique file lists each diamond’s weight, color, purity and cut quality. It also tracks its journey, from the country where the diamond was extracted until its arrival in its case, through the workshops where it was cut, polished and mounted. Each chapter in the story of an LV Diamonds creation is written down, thus carefully documented. In order to reinforce such a certificate’s security, Louis Vuitton uses blockchain. This modern technology, operated by Aura Blockchain Consortium – a platform dedicated to the luxury industry – allows for the recording and issuing of forgery-proof data thanks to decentralized storage. This solves many issues related to responsible sourcing, as well as the diamond’s durability since the platform provides direct access to the stone’s history, and its life cycle from its creation to its distribution. 

LV Diamonds via 360 MAGAZINE
Hunter Abramson via Otter PR for use by 360 MAGAZINE

NFT Ticketing on the Blockchain

Many have claimed that the NFT craze has come and gone, but that couldn’t be further from the truth. Rather, NFTs are currently experiencing an evolution — the next stage in their development from a digital asset class that derives its value from its novelty, to one that boasts a genuine use for consumers and businesses. This next stage of NFTs has the potential to disrupt numerous industries, starting with the event ticketing industry.

When NFTs were first introduced to broader consumer markets, they were little more than a few strings of code connected to a JPEG image. “Although hardcore blockchain investors found value in these digital assets, convincing the general public that these assets were worth anything to them was a significant challenge,” explains Hunter Abramson, CEO of innovative NFT ticketing company Relic Tickets. “That is, if you could even get the average person to understand what an NFT was in the first place. But with newer NFTs, it is much easier to show consumers why they are valuable and important.”

Recent trends have seen a shift towards “utility NFTs,” or NFTs that have some real-world value associated with them beyond their value as digital assets. From Bored Apes that serve as their holder’s membership card, to NFTs that can be redeemed for some exclusive reward, these utility NFTs have been taking the world of blockchain by storm. As Abramson tells us, NFT ticketing is only the latest innovation to apply the technology in exciting ways.

The utility of NFT tickets

From the perspective of the user, NFT tickets function virtually the same way as a standard digital ticket. To attend an event, ticket holders simply scan the ticket on their phone and then enter the event in question. What makes an NFT ticket different for the user is what occurs once the event has ended. After the ticket is scanned, it becomes an NFT in the holder’s Ethereum-based crypto wallet, which can then be kept as a digital souvenir, traded, or sold to other users.

The main similarity between live events and NFT projects is that they both depend on a strong community to succeed. Concerts are attended by a group of fans of the performing musician, giving NFT projects a built-in audience. These fans are the type of people who will sometimes spend hundreds of dollars on tickets or tour merchandise, so the digital collectible that is their NFT ticket has an intrinsic value to them.

However, the purpose of NFT tickets is not just their utility to consumers — they also provide safety provisions for both consumers and event organizers that are simply beyond the scope of standard ticketing procedures. The inherent security features offered by blockchain technology will remedy many of the complaints those on both sides of ticketing transactions have about the safety of their tickets.

Many of the ticketing industry’s issues can be attributed to the fact that the technology currently being used is quickly becoming out of date. QR code technology was invented almost 30 years ago, and barcode technology decades before that. Although some more traditional facets of ticketing will still be useful in the next stage of its evolution, such as revolving QR codes, since the industry has been mostly dependent on the same tech for so long, it’s time for a change.

Making the ticketing situation even more urgent is that both consumers and enterprises suffer from the existing technology’s shortcomings. For example, if consumers are scammed, they lose money and are upset at having received a fraudulent ticket that will render them unable to attend a particular event. For the event organizer, that scammed consumer is a ticket that could have been sold, but ultimately equates to lost revenue. 

Furthermore, consumers are more empowered than ever to speak out about their frustrations with technologies in the most powerful way possible: with their wallets. “If a potential customer does not feel comfortable making a ticket purchase because they don’t think that the transaction is safe enough, they simply won’t buy the ticket,” explains Abramson. “Consumers have dozens of events to choose from. If you aren’t investing in the safest, most up-to-date ticketing technology as an event organizer, you risk losing sales to your competition.”

Why NFT tickets are safer

Consumers will recognize the benefits of NFT ticketing for the safety of their transactions, especially its potential to reduce fraud. Fake QR codes and barcodes can be produced, but blockchain code cannot be faked. Given the publicly verifiable nature of blockchain technology, NFT ticket holders can rest assured knowing they hold a genuine ticket to an event.

NFT ticketing also virtually eliminates the possibility of scalping. “Scalpers attempt to purchase tickets at a massive scale to resell them at prices above face value, leaving people who genuinely want to attend without the opportunity to see it,” Abramson adds. “Blockchain technology prevents these scalpers from buying up tickets at massive scales by keeping a verifiable record of every transaction. If certain buyers are acting with malicious intent, event organizers can know.”

However, this does not mean that the secondary market is eliminated. In fact, NFT technology enables a much safer secondary market in which fans can buy and sell tickets from one another without fearing whether or not the transaction is genuine. Once sold, sending a ticket is easier than ever, simply changing hands between Ethereum wallets.

Additionally, from the perspective of event organizers, it is much safer to know exactly who holds these tickets at any given time. Every time a ticketing transaction occurs, it is added to the blockchain. Event organizers can then access these blockchain records to communicate important information with attendees, or even keep track of who will attend the event for safety reasons.

NFT ticketing is the proverbial lightning in a bottle for both the world of blockchain and the ticketing industry. By using the technological advantages of blockchain and NFTs to address the needs of an event ticketing agency that has been running on life support for so long, companies like Relic Tickets are breathing life into both. The result is a ticketing experience that is not only far safer for consumers and event organizers, but one that also offers them unique value in the form of a digital NFT collectible.

Prada NFT via 360 MAGAZINE

PRADA NFT TWO

PRADA DROPS SECOND TIMECAPSULE NFT AFTER SELLOUT DEBUT

● Released on July 7 2022, Prada will unveil its latest monthly Timecapsule Collection drop, accompanied with a gifted NFT

● July’s Timecapsule item is made from upcycled fabrics from the Prada archives

Prada announces the release of its second Timecapsule NFT Collection, which is linked to both a gender-neutral physical product and a gifted NFT. This NFT drop follows the launch of the first Timecapsule NFT Collection on June 2nd in collaboration with artist Cassius Hirst. The Timecapsule NFT Collection debut resulted in an immediate sell-out of the collection. The launch also coincided with the creation of the “Prada Crypted” server on Discord which gained a large following solidifying the brands commitment to building an inclusive Web3 community, but this is just the beginning of the journey. A key design element of this latest Timecapsule shirt is that the garment is made from upcycled fabrics from the Prada archives. By turning iconic printed textiles into a unique design, these materials are given a new life, perfectly in line with the Brand’s sustainability strategy and approach to circular thinking.

This shirt, which is #31 drop in the Timecapsule Collection, is emblazoned with the calendar month of “July”. It features a black color pipeline matched with the Holliday & Brown tulip print on a cotton poplin base. It also features a ‘Jacquard Animalier’ silk brocade and lurex fabric; as well as Jacquard Thrush (flower), a silk fabric produced from an early 20th century French archive. The final details of the design include a ‘Poplin Loto’ printed fabric with deco inspiration. The Timecapsule is a monthly online event: for 24 hours, on the first Thursday of every month, an exclusive item is made available on prada.com in very limited quantities, in selected markets.

Each limited-edition Timecapsule item is associated with a unique serial number and is delivered with custom packaging. By purchasing the Timecapsule, customers will be able to redeem the related NFT which will be available, in a second phase, also for those who bought the Timecapsule dating back to the first launch in December 2019. As such, there is a synergy between the Prada Timecapsule and the scarcity and desirability of NFTs.

The NFT includes the drop serial number and the numbering of each physical item in order to have an exact correspondence. NFT owners are then offered exclusive benefits and experiences as well as access to future drops.

Prada Timecapsule NFTs are issued on the Ethereum blockchain, offering a secure and user-friendly experience.

The drop is facilitated by leveraging the Aura Blockchain Consortium’s NFT Solution and technology.

DETAILS:

● The Prada Timecapsule drop is open to customers in Australia, Austria, Belgium, Brazil, Canada, China Mainland, Denmark, Finland, France, Germany, Greece, Hong Kong S.A.R., Ireland, Italy, Japan, Luxemburg, Monaco, Netherlands, New Zealand, Norway, Portugal, Republic of Korea, Singapore, Spain, Sweden, Switzerland, Taiwan (China), Turkey, United Arab Emirates, United Kingdom, United States for 24 hours only, starting from July 7, 2022 at 3pm CEST.

● Each drop is limited to 50 items.

www.prada.com/prada-crypted

www.discord.gg/prada

About Prada

Since 1913, Prada has been synonymous with cutting-edge style. Its intellectual universe combines concept, structure and image through codes that go beyond trends. Its fashion transcends products, translating conceptuality into a universe that has become a benchmark to those who dare to challenge conventions focusing on experimentation.

The Prada brand is part of Prada Group, a global leader in the luxury goods industry, which owns the Miu Miu, Church’s and Car Shoe brands as well, and produces and distributes luxury leather goods, footwear and apparel. It also operates in the food sector with Marchesi 1824, and in the eyewear and fragrance industries under licensing agreements. www.prada.com

Marc Seal for use by 360 Magazine

Marc Seal

Listen to Marc Seal on the 360 MAG Podcast HERE.

Marc Seal is a successful entrepreneur and seasoned technologist focused on applying blockchain and NFT technologies to the digital sports and entertainment spaces. He leads innovative teams to create world-class products with partners like Disney, Marvel, Fox, Lucasfilm, Toho, MLB, and more.

He is currently the co-founder/CEO of Sortium Blockchain Studio and a pioneer of the Play 2 ecosystem. They focus on futuristic concepts and progressive core loops, as well as emphasizing on application of blockchain technologies and non-fungible tokens to entertainment spaces and digital games. His professional goal is to create an immersive digital experience that engages and entertains fans around the world.

On the other hand, Marc Seal is founder of CryptoGene, the first play-to-win web3 game where players genetically modify creatures called “Kymera” as the world’s first 3D living NFTs with DNA on-chain. By staking and caring for Kymera, players can earn tokenized resources to sell on the market, upgrade creatures, or create new ones. As Marc points out, “These are genetically engineered fantasy creatures that appear in Shane’s DNA through using real sharp DNA that we’ve unleashed via artificial intelligence and simulation using to advance Olympic learning systems.”

The main goal is “providing high-fidelity technology and advancements and artificial intelligence simulation game engine technology or 3D engine technology,” as Marc states. Without a doubt, Marc is clear that this type of games between the simulation and the real world “will alleviate the friction between user participation and the transition between various ecosystems.”

Marc is clear that this type of game must have the quality of AAA and web 3 technology since these “really innovate, specifically the number of verse or image publications, and provide player-specific experiences.”

The most important thing is that everything is built around a high-fidelity gaming experience that’s “fun and it’s not just about how do we open something’s eyes but how do we provide value to a player in the economy to have a fun experience that’s scalable and fun,” Adds Marc.

One of the main things that Marc considers is the importance to remember that not even 1% of the population knows what crypto modes are or even the interaction that can be had with the use of NFC. Marc and his team are certain in knowing that the volume is there to learn about regarding this new technological and digital world.

While gaining more knowledge of the system, users may want to take the license to have the responsibility of managing individual accounts well. Next, you will have the ability to do so, as this is a part of the platform created by Marc and his team whose ultimate goal is, “wanting to reduce friction, but give users the freedom to evolve towards decentralized ownership over time,” adds Marc.

CryptoGene

CryptoGene is constantly developing and improving services for current and future investors. Marc adds that his profession comes from this ‘platform’, an economy and game development, AAA development that works with a type of important game design or experience design, so they work on taking principles that generate a profitable and scalable game. Today, they have concentrated on building an ecosystem infrastructure to launch with crypto Gene, “that allows players to log in and then be able to spend money the way any player would log into a game and spend money today.”

To live this experience of the virtual world, cryptocurrencies, and new technologies, you can do so by entering the Discord HERE and participating.

Article by: Andrea Esteban, McKinley Franklin x Vaughn Lowery

360 MAGAZINE's Gamey the Cat from their OpenSea Animal Series

Miami NFT Week

Miami NFT Week 2022 was a three-day event held in the center of Miami, Florida, full of NFT/metaverse events. From the countless panels with crypto experts, to the thrilling after parties, Miami NFT Week drew in large crowds of people interested in the world of NFTs.

The 2022 conference attracted around 4,000 attendees, with about 3,000 joining in via the metaverse. Miami NFT Week was held through the beginning of April, also known as Miami Tech Month. Talks were held to discuss the future in terms of the metaverse blended with differing niches, like gaming, art, travel, real estate and more.

From politicians to NFT experts, several guests took part in the immersive weekend, ranging from the Mayor of Miami Francis X. Suarez to VaynerNFT’s President Avery Akkineni.

Founders Gianni D’Alerta, Ted Lucas and Erik LaPaglia cultivated the experience to act as an open space for individuals to learn about NFTs and exchange intelligence. The three-day event swiftly has become a hub for creators and experts to learn from each other, while evaluating what is next to come in the community.

360 Magazine had the opportunity to chat with the Head of Developer Relations at MobileCoinCollin Lowenberg about the conference, and his own experience within the crypto community. Read about 360’s chat with Collin HERE.

The three-day experience stood as such a great opportunity for networking and workshopping in crypto/blockchain. Popular, niche-based conferences allowed guests to seemingly “learn from the best” in their respective fields.

The opening panel was entitled A Voyage Through Vayner NFT, and was held by Avery Akkineni and Erik LaPaglia. Throughout the presentation, Akkineni and LaPaglia considered their thoughts on the trajectory of NFTs. Other panels like The Secret to NFT Utility with Dr. Amanda Kavner, Dogewood Captain, Peg Samuel, and Gareb Shamus educated attendees on the importance of NFTs IRL.

Nft vip in nyc via 360 MAGAZINE

Reasons For the Volatility of the Crypto Market

Cryptocurrency is a rapidly-growing market. This is not breaking news. You probably know both sides of the coin (so to speak): crypto has made kings —and paupers. But those wins and losses don’t necessarily come from winners picking good coins and losers picking bad ones. 

It is possible to talk to two people who have both invested in Dogecoin, but one lost money and the other gained a profit. Whether you gain or lose can depend largely on timing. This is because cryptocurrency is an incredibly topsy-turvy investment. All cryptocurrencies experience huge fluctuations in their valuation—a concept known on Wall Street as volatility. 

In one day, Bitcoin’s value dropped 30%. But, why? This question brings up something that we often forget with cryptocurrency: it isn’t intrinsically valuable. There isn’t gold or diamonds or anything backing up crypto’s value. At no point did the U.S. Treasury say, “Yes, any time someone wants to bring us Bitcoin, we will give them X number of dollar bills from our reserves.” Not all die-hard crypto fans would agree, but there is an argument that crypto’s value really only comes from how much people are willing to trade for it—in goods, other cryptocurrencies, or in dollars.

The the360mag website gives more information on the importance of blockchain to the cryptocurrency in ensuring it protects the volatility of crypto assets. The primary reason for volatility in cryptos is their newness. All new concepts take time to settle and be accepted.

The asset class, the market as well as investors/speculators are still finding their feet and so it is still the initial stages of price discovery. Cryptos have gained global prominence (or notoriety) in the last few years. But as an asset class, it’s not as accepted as traditional assets such as stocks or gold. 

Growing acceptance and maturity of the market go hand in hand. That is why when Tesla indicated that cryptocurrencies will not be accepted as a mode of payment, the value of Bitcoin crashed. Business Standard reported that when Tesla boss Elon Musk wrote ‘Doge’ on his Twitter post, the value of Dogecoin increased. Such influencing events or personalities are adding to the volatility, just the way when some star investor buys a particular company’s shares.

Given the lack of understanding and rules, trading is at present, highly speculative. Investors bet on the prices going up or down, and these speculative bets cause a sudden influx or outgo, leading to high volatility. We have discussed the reasons for the volatility below.

Lack Of A Controlling Agency

Unlike other asset classes that have some sort of governing or controlling agencies, cryptocurrencies are by their very nature not controlled by any entity. 

Forkast reported that the Tourism Authority of Thailand (TAT) has sought to entice the crypto-wealthy to the country’s shores. TAT is working with regulators and Bitkub, the country’s largest crypto exchange, to enable tourists to pay with cryptocurrencies and position the country as a “crypto-positive society”. 

The iGaming sector is also growing rapidly, with several crypto-friendly sportsbooks and casinos provided by Asiabet. The recommended sites also offer other traditional means of payment. Players can also enjoy welcome bonuses, a large variety of events with impressive odds, and FAQs such as details on deposits and withdrawals.

The Sentiment Factor

When cryptos get more popular and accepted, more investors will understand the factors that influence their movement. Till then, a lot of the movement is speculative in nature as investors are buying or selling based on sentiment.

Even those who are looking at cryptos for the long term are doing so as they believe that the asset class will gain acceptance. Tesla’s Musk, for instance, explained that he owned Dogecoin because many of the employees own Dogecoin.

“Many young investors are putting money in cryptos. Their aim is to invest and earn quickly. So when they lose a big amount, they usually quit the market, leading to volatility in the market,” says Ajeet Khurana, a crypto project advisor, and investor.

One such young investor is Delhi-based student Shivam Tiwari, 21, who has been investing in cryptos regularly since 2016. “My maximum loss so far has been Rs 89,000 and profit has been one-fourth of that. But we have to keep in mind that the volatile nature (of cryptos) makes it different from other forms of investments,” says Tiwari.

360 MAGAZINE Swarovski encrusted bottle designed by Vaughn Lowery for NFT-VIP and minted on Solana

NFT-VIP

NFT-VIP is hosting its inaugural conference in the tech space to network their businesses, advance knowledge and engage intimately. In the recent past, similar NFT meetups have been held in multiple cities across America: Miami, New York City and Los Angeles. This year, NFT-VIP will be holding its series at Margaritaville Resort Time Square, June 19 – 22. 360 MAGAZINE serves as the official media sponsor of the episode.

As a rapidly growing digital industry, NFT-VIP has become a popular way for people to trade outside the conventional financial system. It continues to stimulate the development of a virtual economy based on digital strengths in various forms: music, art and fashion.

“The idea of using cryptocurrencies is not only a form of currency. Along with a deliverable channel, knowing that entities could be built on them and using them is mind-blowing,” states Julie Lamb, CEO of NFT-VIP. This is the first major 360 MAG Podcast promotion that will serve as the official launch. Interviewee Jefferson Noel is scheduled to speak on the NFT-VIP agenda. Other notable guests: Andrew Yang, Young Paris, Alex Alpert, Vaughn Lowery, Chris Carter, Genesis Johnson, postVerrone, Fanzo, Sal DiGuardia and FoodMasku.

Helen Indelicato, Julie Lamb, Sal Di Guardia, Vaughn Lowery are speakers at the NFT-VIP conference in nyc via 360 Magazine
Helen Indelicato, Julie Lamb, Sal Di Guardia, Vaughn Lowery will be on the NFT-VIP stage via ‘press panel’ Sun., June 19 at 2:30pm EST (click image for full agenda).

The NFT-VIP festival was fabricated with the unique digital identifier enthusiast in mind, providing a golden opportunity to intensify transmissions and interrelations. The number of leading brands and celebrities involved in this field is increasing exponentially with the world’s first and largest crypto collectibles market—OpenSea. With that, 360 MAGAZINE has minted and released a loveable Animal set.

360 MAGAZINE Animal Series NFT character, Lucky Lenox, coming soon under the direction of Vaughn Lowery
(Minting Lucky Lenox on OpenSea)

As a media partner, 360 MAGAZINE aims to liaise between NFT-VIP participants and disadvantaged business enterprises. 360 is determined to spread the word on NFT-VIP to countless cohorts: the elderly, women, racialized groups and the queer community. “We now coexist in a multi-generational society with multi-racial people who have multi-educational backgrounds and who possess multi-hyphen lifestyles. Our purpose here is to create an environment of inclusiveness and to further facilitate sustainable relationships beyond the metaverse,” Lowery shares.

During the engagement, 360’s Swarovski encrusted bottle, made in collaboration with Integrity Bottles and Good Vibe Gliders, will be forged on Solana with partial proceeds donated to a charity. 360, freshly announced pet NFT, apace with Reebok’s Looney Tunes footwear, will go to a handful of lucky guests with Best Tech Style. Additionally, in real time, the publication will interview the speakers in their ecletic enclosure with bean bags and a bejeweled e-bike.

NFT-VIP RECAP HERE.

About 360 MAGAZINE

360, an internationally acclaimed LA-based magazine, represents the celebration of societal change through racial and sexual ambiguity as a youthful popular culture and design journal. As a certified National Gay & Lesbian Chamber of Commerce (NGLCC) business, it progressively supports various under-represented communities: women, POC and queer. Just last month, 360 was crowned Business of the Month.

Previous celebs on the cover: Saweetie, Demi Lovato, David Guetta, Sebastián Yatra, Will.i.am, Steve Aoki and Tyga. Infographics on the journal can be downloaded HERE.

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About Vaughn Lowery

Vaughn Lowery, the founder and president of the NGLCC certified, 360 MAGAZINE, has always strived for positive social change. Lowery is the executive producer of 360 MAG Podcast on AudibleApple and Spotify as well as a new NFT Animal Series on OpenSea. His self-help marketing memoir, Move Like Water × Be Fluid is available on Amazon, Barnes & Noble and Walmart. He’s a graduate of Cornell University’s ILR School and grandson of the late Dr. Joseph Lowery–a leader of the civil rights movement with Martin Luther King as well as the minister at Barack Obama’s Presidential Inauguration.

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About NFT

According to Wikipedia, non-fungible token is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.

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