Posts tagged with "demand"

Cryptocurrency illustration by Heather Skovlund for use by 360 Magazine

Ethereum adds over 5 million new unique addresses in 30 days

The world’s largest smart contract development platform, Ethereum (ETH), has added over 5 million more unique addresses in just 30 days as the asset continues to gain momentum ahead of its scheduled EIP-1559 upgrade.

According to data compiled by Finbold, Ethereum added 5.37 million new unique addresses in the last 30 days (June 6th, 2021 – July 6th, 2021). This means that on average, the Ethereum network added 173,235 new unique addresses daily.

The total number of distinct Ethereum addresses has grown to 162,231,196. Lately, ETH has indeed experienced a drive-in demand, which has contributed to its cumulative address growth after the asset experienced massive capital outflows last month.

ETH demand on the rise 

Recently, Celsius Network CEO Alex Mashinsky stated that Ethereum ‘flippening’ Bitcoin is happening now and will become more widespread. Broader adoption of Ethereum is expected as Mashinsky believes that layer two solutions will fix ETH’s issues in the near future.

ETH 2.0, on the other hand, will be a substantial and gradual enhancement on layer two solutions, but both systems will function in tandem in the future, according to Mr. Mashinsky.

A week ago, Ethereum overtook Bitcoin in total daily active addresses for the first time in crypto history, suggesting that demand for the world’s second-largest cryptocurrency is rising. The active addresses on a crypto network show the total number of senders and receivers for a given coin.

Since Ethereum has notably surpassed Bitcoin in terms of daily active addresses, it might signal that the world’s second-largest cryptocurrency by market capitalization is on its path to becoming the most popular.

For example, U.S. investment bank Goldman Sachs, considers the Ethereum blockchain network to have the capability to usurp Bitcoin as the main store of value cryptocurrency.

The multinational financial institution believes that ether’s use cases now have the most “potential,” as it is the most popular smart contract development among the crypto community, according to a Business Insider report published on Tuesday,

Ethereum EIP-1559 upgrade

On August 4th, the long-awaited London EIP-1559 upgrade for the Ethereum network will commence.

In a block activation proposal on Github on July 6th, Ethereum principal developer Tim Beiko stated on Twitter the mainnet upgrade will take place around block 12,965,000.

Since the mainnet upgrade is scheduled to deploy at block 12,965,000, the London hard fork will take place on August 4th, rather than the mid-to-late July date as expected initially. If the different Ethereum client teams agree to the proposal, the target will become official.

Before deciding on a mainnet launch date, developers are monitoring the testnets to see how the updates function.

On June 24th, the first block was generated on the Ropsten testnet, and the hard fork was deployed to the Goerli testnet on June 30th, and the final Rinkeby testnet launch is scheduled for today.

Deployment of the deflationary Ethereum upgrade

The London upgrade named after the second-annual Ethereum development conference, which took place in 2015, is intended to bring the network into a deflationary mode; however, the EIP-1559 upgrade will not necessarily result in lower gas fees.

EIP-1559 upgrade modifies the auction process for the charge calculation structure and burns a portion of the transaction fees. The upgrade will cause asset deflation over time, which will increase once mining ends, and proof-of-stake becomes the dominant consensus method later next year. ConsenSys, an Ethereum software solutions business, estimates that the yearly ETH supply will be cut by 1.4%.

On the Ropsten testnet; a web page has been put up to observe this in action, it burnt 89,148 ETH during the brief testing time, which is almost $208 million at current rates.

The Goerli testnet has burned 79 ETH, while the Rinkeby testnet is anticipated to debut on July 7.

Find full stats and information here.

Cybertruck illustration by Heather Skovlund for 360 Magazine

Cybertruck × Tesla

Cybertruck hits 1 million pre-orders milestone exceeding Tesla’s last 2 years deliveries

Despite being a new entrant in Tesla’s electric vehicle models, the Cybertruck continues to attract more interest from potential buyers. The market enthusiasm surrounding the model has resulted in a pre-order milestone beating other Tesla vehicle delivery in recent years.

According to data acquired by Finbold, as of May 25, 2021, the estimated Cybertruck reservations were 1.08 million. The figure is more than the 866,750 total vehicles delivered by Tesla in two years between 2019 and 2020.

Last year, the electric vehicle manufacturer delivered 499,550 vehicles, while in 2019, the figure stood at 367,200. Furthermore, Tesla has recorded a steady annual increase in vehicle deliveries, with the figure surging 558.2% between 2016 and 2020. In 2016, 2017 and 2019 the delivered stood at 75,890, 103,020 and 244,920 respectively.

Small reservation fee potentially driving Cybertruck demand 

The report explains some of the driving factors in record Cybertruck reservations alongside the potential impact on deliveries. According to the research report:

“The massive interest in the Cybertruck also reflects the conditions set by Tesla for reserving the vehicle since customers need to deposit a refundable $100. The amount is affordable, but analysts have remained skeptical about the reservation numbers getting converted into deliveries. In the end, Tesla fans can take the money from their bank account, reserve the Cybertruck and get a refund later.”

Despite Tesla recording impressive Cybertruck pre-orders, the company still faces competition from other players who are ramping up their products for the electric truck niche. For example, both General Motors and Ford have announced their entry into the market.

Read the full story with statistics here

REMARKS BY ROLLS-ROYCE CEO TORSTEN MÜLLER-ÖTVÖS

The following below is spoken from Rolls-Royce’s CEO himself Torsten Müller-Ötvös.

 

Ladies and Gentlemen,

Welcome to the House of Rolls-Royce here in Geneva!

Each year we come to Geneva to update you about our business and to share with you some truly special examples of our wonderful products.

And this year is no exception.

As the world’s pinnacle luxury brand, celebrating our 115th anniversary this year, we take great pride in these beautiful and precious items, lovingly handcrafted by the nearly 2000 people who work at the Home of Rolls-Royce at Goodwood.

This celebrated facility in West Sussex, is acknowledged as a global centre of luxury manufacturing excellence. It lies at the very heart of the Rolls-Royce success story.

Our Home is a very unique place – a creative oasis where we are constantly guided by the vision of our founding fathers, Charles Rolls and Henry Royce to “Strive for perfection in everything you do”.

Since 2003 every Rolls-Royce in the world has been created here.

Ladies and Gentlemen, at Rolls-Royce, our clients are our life-blood. They are our heroes and our friends and we are obsessively focused on providing for their needs and desires. For them, being within the warm embrace of the Rolls-Royce family is an unbelievable experience, like no other. And they are deeply appreciative of our hyper-centric attention to the smallest of details.

The Home of Rolls-Royce at Goodwood has become a must-visit destination for large numbers of our valued clients.

They come from around the world to specify their Rolls-Royces and to meet our designers, engineers and bespoke craftspeople.

Many return later to view their creation being built in our factory or to take delivery of their Rolls-Royce in our fully bespoke Customer Suite.

So, from Goodwood to Geneva, this year, we have brought some of the best examples of products for you view and to enjoy. They are all truly lovely!

We have our complete product offering on our stand today, led by the world’s most exclusive luxury product the Rolls-Royce Phantom, described by many of you in the media and by our customers as “the Best Car in the World”.

Phantom is at the core of our company’s success. It is a global expression of ultimate achievement and I am pleased to report that more and more of our younger customers are experiencing our Phantom short-wheelbase as a self-driver’s car.

Phantom is flanked by Ghost, now in its 10th year of production and still in strong demand around the world. Ghost is a global favorite among our powerful, entrepreneurial clients.

Then, we have brought from Goodwood examples of our two highly contemporary, seductive coupe models.

Wraith – here in its Black Badge guise – is the ultimate powerful and agile Grand Tourer. Edgy and menacing, Wraith appeals to our young clients who are trendsetting, cosmopolitan citizens of the world.

And then, Dawn, our truly beautiful sexy and seductive drophead coupe. Dawn is much loved by our more social, fun-loving customers who crave the sensual pleasure of open-air travel.

Finally, to complete our product line-up we are joined this year by our hugely successful Rolls-Royce Cullinan, our first SUV.

Cullinan was launched to great global acclaim last year and has received effusive headlines in the media and an enthusiastic welcome from our customers.

I am delighted to tell you that our forward orders for Cullinan stretch into the fourth quarter of this year.

We are in full production at our Goodwood factory and continue to make substantial investments, including the employment of an additional 200 associates, in order to meet this very pleasing customer demand.

I can confidently say today that Rolls-Royce is set on a continuous and successful growth trajectory.

And speaking of success, it is with great pride that I can tell you that 2018 was another exceptional year for Rolls-Royce.

We set an historic business record, achieving our highest annual sales in our marque’s 115-year history.

We delivered 4,107 cars to customers in over 50 countries around the world and in doing so achieved year-on-year sales growth in all regions. The Americas remained our largest market.

But at Rolls-Royce it’s not all about volume.

Our unique and successful business model focuses on preserving the rarity of our products, which is a key demand of our customers, while at the same time achieving record levels of profitability.

This, we believe, is the real hallmark of how a true luxury brand should be managed.

In this regard I am happy to report that the Rolls-Royce business generates pleasing profits and we continue to contribute to the bottom line of our shareholder, the BMW Group.

Ladies and Gentlemen, please take a close look at and enjoy all the fine Rolls-Royces on our stand. Each one contains unique and beautiful examples of our world- renowned Bespoke offerings.

No other manufacturer of luxury goods can equal customer personalization to this level.

Indeed, today more than ever, it is globally recognized that “Bespoke IS Rolls-Royce”.

To more fully understand our Bespoke offering, please do take a particularly close look at this beautiful Phantom Tranquillity.

Created for those who conceive and achieve the impossible, Tranquillity is an expression of Phantom’s standing as the rarest and most desired object in the luxury world.

The Tranquillity Collection is strictly limited to just 25 examples worldwide and I am pleased to tell you that they have already all been purchased by discerning Rolls- Royce collectors.

Look into the car and see the tasteful integration of wafer thin shavings of the Muonionalusta meteor that fell to earth in Sweden over a hundred years ago.

And enjoy the highly reflective stainless steel, 24 carat gold plating and space grade aluminium elements in the car.

This, ladies and gentlemen, is the contemporary Rolls-Royce of today – a 115 year old brand, completely relevant in the present and moving purposefully into the future. A vibrant, successful and sustainable business, providing the most discerning people in the world with the rarest and very best luxury products and service on Earth.

As for the future: well, as you can imagine, we are not standing still!

We are imagineering and already engineering an exciting future for Rolls-Royce. A future that will be fully electric, digital and technologically innovative while never overlooking our commitment to the custodianship of the great Rolls-Royce brand.

This is what our customers and the world expects of us and rest assured, this is what we will deliver.

But for now, thank you for listening and I invite you to join me and my colleagues on the stand for a closer look at our lovely cars.

Thank you.

Flash Mob Disrupts UN 20,000 Rally For World Law to Save Humanity

A Broadway actor leapt over a barricade to the front of the United Nations Assembly and interrupted the proceedings with a demand for peace and world law to protect human rights for all.

“And if you won’t do it, step aside and a Peoples World Assembly will arise from our own ranks to do it,” shouted actor Garry Davis, a war veteran and former bomber pilot.

UN security forces grabbed Davis, but as they tussled with him, war-hero Robert Sarrazac leapt up on the opposite balcony and shouted in French: “In the name of the people of the world not represented here, I interrupt!”

Other protesters scattered among the audience leapt up to continue the speech: “The nations you represent divide us and lead us to the abyss of total war.”

Delegates were shocked–until it became clear this was a coordinated action. Then many applauded and joined in.

On December 9, outside the UN, 20,000 supporters rallied to demand that world law be passed to protect human rights for all.

The December 9th rally was a historic first, in that it occurred seventy years ago today, and was part of the massive people-power movement which helped trigger the unanimous passage of the Universal Declaration of Human Rights (UDHR) the very next day: December 10th, 1948.

In a clip released to the press at http://vimeo.com/297521680 one of the protesters, Pierre Bergé, said the interruption of the United Nations General Assembly in Paris was planned and executed by “very famous writers” including Albert Camus.

Bergé called the disruption “a political comedy” and said it was designed to give people hope for a better way to run our world. “We have to dream, because the only way to catch the reality is to dream.”

The hidden history of how one man’s bold action helped spark a massive movement on the eve of this great leap forward for humanity is told in a forthcoming film “The World is My Country.”

Here is an excerpt:

Because this 70th anniversary event is so relevant to the hot-button issues in today’s world, the filmmakers are making a special password-protected preview version available online–for one week only. To sign up for this advance preview click on this link and select “Free Preview.”

Los Angeles area media and others are invited to meet the director at a preview screening of the film December 8th at 6:30 PM at 3916 Sepulveda Blvd, Culver City 90230.

For more information about Garry and the passage of the UDHR see the article in the German magazine Spiegel.

Three Quick Exercises

By Anthony Sovinsky x Vaughn Lowery x Reid Urban

Ever feel like you don’t have time to make it to the gym or just confused on what you need to do to improve your fitness? Well then you’re in luck! Here are 3 exercises that you can do at home or at the office that will improve both your fitness in strength, mobility, and endurance.

1. Squat 

The squat is an excellent exercise to develop lower body strength and improve hip function. Tight hips occur from not using your hips through their full range of motion i.e. sitting in a chair or couch all day. This results in referred pain, most commonly in the lower back and knees. Not only will deep squatting help loosen the muscles surrounding the hips and knees while relieving knee and back pain, but it will also “wake up” the larger muscles of the lower body that have otherwise been ignored from long periods of sitting. This will cause a spike in your energy demands (metabolism) causing you to build muscle, burn more calories, and over time, burn more fat.

Here’s how :

Stand with your feet just outside shoulder-width apart. Squeeze your butt and suck your belly in with arms extended in front of your body. This is your starting position.

Lower your body down, keeping your feet flat and hands out front for balance until your hips have lowered past your knees then stand back up. Congrats! That’s a squat!

Try to aim for 25 repetitions for 4 sets and keep it under 10 minutes.

2. Lunge 

The lunge is another great exercise that addresses single leg and hip strength and stability. Lunging will help make both legs equally strong. When done correctly, it will help correct hip imbalances that result in low back pain and bad posture. This variation is a bit tougher than the squat as one leg is responsible for lifting most of your body weight back to a standing position, making the lunge a key component to your lower body strength routine. Lunging will isolate the glutes, which happen to be the powerhouse of the human body, so you can expect major muscle gain and calorie burn from this exercise.

Here’s how :

Start standing tall with both feet together. Take a large step forward as if you are trying to step over a puddle.

Once you are in a split stance, find your balance and slowly take a knee with the back leg. Focus on keeping the entire front foot in contact with ground the entire time.

Once you have taken a knee, press yourself up with the front leg and allow your back leg to meet the front one so you are back to a standing position.

Now repeat! Try this for 10-20 steps for 4 sets.

3. Wall Stretch 

This exercise is more so to address posture issues that come from long periods of computer work, cell phone usage, and driving. All these forward-reaching activities cause our shoulders to round forward, causing neck pain and adaptively tight chest muscles and weak, overstretched back muscles. The best way to combat this imbalance with no weights is to do a wall stretch and get the arms over the head more frequently.

Here’s how :

Find a wall and lean on it back first. Bring your feet out in front if you and assume a quarter squat so you can get your entire back flush with the wall.

Lift your arms up and attempt to place the back of your wrists on the wall with triceps parallel to the floor.

Reach up towards the ceiling while trying to maintain contact with the wall and your wrist the entire time.

You will notice a deep stretch across the chest and front of shoulders while getting a good “squeeze” between the shoulder blades. Overtime, this exercise will help reset proper balance between the chest, back, and shoulders.

Try this for 4 sets of 15-20 repetitions. You can pair this with the squats or lunges or both!

Go get after it! These can be done anytime and anywhere. These exercises will give you the most bang for your buck. Whether you’re trying to burn calories, relieve pain, or build strength these are absolutely key to live a healthy active life!

The Real Housewives of Atlanta

Bravo Media is spicing up Sunday nights when “The Real Housewives of Atlanta” returns for an unforgettable eleventh season on Sunday, November 4 at 8pm ET/PT. Favorite Southern sophisticates Cynthia Bailey, Kandi Burruss, NeNe Leakes and Porsha Williams are all back and will be joined by newest housewives Eva Marcille and Shamari DeVoe. Marlo Hampton and Tanya Sam join the season as friends. For a sneak peek at this season, visit http://www.bravotv.com/the-real-housewives-of-atlanta/season-11/videos/your-first-look-at-the-real-housewives-of-atlanta

Fresh off her stand-up comedy tour, NeNe is busier than ever with the opening of a new location for Swagg Boutique. Business as usual comes to a halt however, as Gregg faces a cancer diagnosis. Cynthia struggles with the idea of becoming an empty nester, but is excited about the new man in her life. Kandi decides to launch a risqué burlesque show while she and Todd explore the idea of expanding their family yet again. Porsha is over-the-moon excited to welcome her first bundle of joy and finally have the family of her dreams. Meanwhile, Eva and her fiancé Michael welcome a beautiful baby boy and are busy planning a fairytale wedding. Shamari DeVoe, known from the multi-platinum R&B group Blaque, is new to the mix and is planning to launch new music with her husband Ronnie DeVoe, formerly of New Edition. Marlo Hampton is back on the scene, joined by newcomer Tanya Sam, a tech savvy business woman who enjoys the finer things in life.

“The Real Housewives of Atlanta” is produced by Truly Original with Steven Weinstock, Glenda Hersh, Lauren Eskelin, Lorraine Haughton-Lawson, Ken Martinez, Anne Swan and Glenda Cox serving as Executive Producers. Erika Bryant and Kenny Loeliger-Myers serve as Co-Executive Producers. Anthony Sylvester serves as Consulting Executive Producer. Andy Cohen also serves as an Executive Producer.

About Bravo Media:
Bravo Media is the premier lifestyle and entertainment brand that drives cultural conversation around its high-quality, interactive original content across all platforms. The network has a diverse slate of original programming that includes scripted series “Girlfriends’ Guide to Divorce” and the recently announced anthology series “Dirty John,” along with unscripted favorites such as Emmy Award-winning “Top Chef,” “Vanderpump Rules,” “Below Deck,” “Southern Charm,” and the popular “Million Dollar Listing” and “The Real Housewives” franchises. Bravo also boasts the only live late-night talk show on television with the critically acclaimed “Watch What Happens Live with Andy Cohen,” which has become a nightly destination for A-list celebrities. Available in 87 million homes, Bravo is a program service of NBCUniversal Cable Entertainment, a division of NBCUniversal, one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Watch Bravo anywhere: on demand, online, or across mobile and connected TVs. Bravo has been an NBCUniversal cable network since December 2002 and first launched in December 1980.