Posts tagged with "trading"

Cards and Dice illustration by Heather Skovlund for 360 Magazine

Global Card Game Market

Global Card Game Market to Hit $6.8B Value by 2025

Over the years, the global card game market has witnessed steady growth and acceptance among players, despite huge competition from digital entertainment sources. However, as millions of people started spending more time indoors amid the COVID-19 lockdowns, the entire sector surged in 2020, with revenues rising by 16% YoY to $5.6bn.

According to data presented by 123scommesse.it, after a slight drop in 2021, the global card game market is expected to continue growing and hit a $6.8bn value by 2025.

Revenues to Jump by 23% in Four Years

The main product in the card game market is a card deck that comes in many varieties. Besides standard decks, the segment includes individual decks for games like Uno, Tarot, or Lexicon and collectible and trading card games like Yu-Gi-Oh! and Magic: The Gathering.

Between 2012 and 2017, the revenues of the global card game market jumped by 50% to over $4.1bn, revealed the Statista Consumer Market Outlook. The steady growth continued in the following years, with revenues rising to $4.8bn in 2019, a 17% increase in two years.

However, as lockdowns forced people across the globe to spend more time indoors, revenues jumped by 16% YoY to $5.6bn in 2020, the most significant annual increase so far.

The Statista data indicate the global card game market is set to witness a slight contraction this year, with revenues slipping to just under $5.6bn. However, this figure is expected to jump by 23% in the next four years, with the entire market reaching over $6.8bn value.

China and US to Generate One Third of Total Card Game Revenues in 2021

Analyzed by geography, China represents the world’s largest card game market, expected to generate $1.2bn in revenue, a slight increase compared to last year. However, statistics show that the Chinese market grew by 18% since the pandemic stroke. By 2025, Chinese card game revenues are expected to jump to $1.5bn.

The Indian market, as the second largest globally, is forecast to hit $706 million in revenue in 2021, up from $694 million in 2020. In the next four years, this figure is set to reach almost $980 million.

The US card game market, as the third largest globally, is forecast to generate $623 million in revenue this year, down from $637 million a year ago. However, the US market is expected to continue rising in the following years and hit $682 million in value by 2025.

Read the full story here.

Artwork by and for use by 360 Magazine

5 things you need to know about NFTs

5 things you need to know about NFTs

Non fungible tokens. You’ve probably heard about the latest internet phenomenon that is dominating headlines in the art world and beyond.

Little wonder. Digital artist Beeple sold his artwork for an incredible £69 million ($96 million) earlier this year, while even Twitter founder Jack Dorsey got in on the act by attracting $2.5 million for his first-ever tweet.

If you’re wondering how you can get in on the action on the technology that promises to revolutionise the way we trade, here are five things you should know first.

They’re unique digital certificates of ownership…

A non-fungible token, or NFT, derives its name from the idea of fungibility. Put simply, this is the idea that something can be replicated, or traded for something else of a like kind. A 10-dollar bill is a prime example of a fungible item: there are billions of them in existence thanks to the US Federal Reserve printing them out regularly, which means their value will always be kept to whatever 10 dollars is worth. It can also easily be traded to buy 10 dollars’ worth of goods or service.

A non-fungible item, on the other hand, is completely unique. Take a winning lottery ticket: yes, someone else might have the same numbers as you, but it’s impossible to replicate that ticket at will.

The Mona Lisa is another example. People can copy it, but they’ll never produce the original. This is why Da Vinci’s masterpiece is priceless – and non-fungible.

When somebody has something non-fungible, then it’s natural that they want to certify its validity. This is where an NFT comes in: it’s a unique virtual certificate that is verified by Blockchain. A Blockchain acts as a kind of independent secure public ledger, so that people can see the details of the transaction and who owns the item.

In short, it’s an assurance of authenticity – and people are prepared to pay big money for the NFTs of certain things.

… but people can still download digital copies of an item

It’s important to note that an NFT doesn’t prevent people from digitally copying the item in question. With a physical piece of art, you control where you keep it and who sees it, but people can still download an NFT artwork to their own collection if they want.

The value in an NFT, therefore, is proving that you own the original version of that work, rather than a copy.

So, while a digital copy might be a cool thing to have, its value will never actually increase. An NFT, on the other hand, ensures that a coveted work achieves its true value for being the original.

A good example is an NFT for an album. Fans can download digital copies, but the musician with its NFT is the only one who can claim to be the owner — and earn a percentage of the resales and royalties.

They’re collectibles

Anyone who likes to collect things knows that most of the fun comes from having something that other people don’t have. Whether it’s a rare type of stamp or football sticker, there’s a certain thrill in possessing something special.

NFTs are the ultimate collectible. In the NBA, some of the most memorable clips in the organisation’s history have been converted into the tokens so that fans can buy and trade them. While fans can still view any clip they want, some of the most wanted sell for thousands of dollars, simply so the owner can say they possess it — and potentially sell it later, of course.

The human need to collect things is something that runs deep, something that some theorists say harks back to our hunter-gatherer days when survival meant accumulating as many things as possible. It might explain why the NFT craze has taken off so rapidly and ensure that it continues to dominate the headlines for some time yet.

They could eliminate ticket fraud

Ever paid over the odds for concert passes or, even worse, unwittingly bought a forged ticket? NFTs may make this a thing of the past.

If an event organiser uses the token to sell tickets, they would have a cast-iron seal of authenticity and fraudulent sellers would be unable to replicate them. What’s more, because blockchain allows the NFT owner to verify which tickets are acceptable, they will have the control to reject those that are sold above their face value and prevent the transaction.

This promises to be a huge business with so many major artists expressing their dislike of ticket fraud in the past. Platforms such as Mintbase already allow organisers to easily produce tickets as NFTs and the process is likely to get even simpler over the next few years.

It has led to some bizarre ideas…and will continue to do so

Monochrome Bleu Numérique. It might sound like a French arthouse movie, but it’s just a blue rectangle. Or, to be more precise, a digital artwork of a blue rectangle.

It’s one of many unusual ideas that are being sold as a non-fungible token on Rarible, the website where people can trade NFTs. The artist behind it, Damien Thirst, admitted that it was ‘a bit of a joke’, but wanted it to challenge the concept of ownership in the digital world. It certainly has people talking, and its price was set a 0.3 Ether (the cryptocurrency for Blockchain platform Ethereum), or $1,173 at the time of writing.

Other bizarre NFTs include buyers paying over half a million dollars for a picture of a New York Times column and a similar amount for a ‘digital house’ that is, naturally, impossible to live in.

It’s fitting for a concept that seeks to challenge the way we view ownership. While we can use NFTs to improve our lives, maybe we should accept that there are certain aspects of this technology that we’ll never fully understand.

Vaughn lowery illustrated by Allison Christensen for hair article

Know the Five Factors for Selecting a Forex Broker

When you get down to the business of choosing a forex broker, there’s a lot to think about. In fact, of the dozens of factors to consider, five stand out. They can make or break an informed person’s decision about what platform to choose for daily trading. Here are more details about each of the five criteria.

Reliability and Reputation

It’s true when you choose any product or service provider that the company’s reputation means a lot. So does its reliability, but reputation should come first on your research list. How do you learn about a forex brokerage’s reputation? Check out several of the top review sites and see what current and former customers think. You have to be a bit careful here because some of the sites are bogus. If you’re like most people, you already know of a few trusted places you can go for honest reviews. While reading through people’s comments, see what they have to say about reliability, namely the broker’s ability to execute trades on time and for the correct amount. Try to see what customers say about overall reliability and about specific topics like response to customer inquiries, resolution of problems that come up, and the amount of website downtime that occurs, if any.

Trading Conditions

The list of trading conditions that forex enthusiasts should look for include low or no minimum balances, comfortable trading leverage, low fees on transactions, and a lack of add-on charges and expenses. Why do you want and need these conditions? Because they allow you to do what you do without having to fork over a substantial sum of money. For instance, if transaction commissions are large, you’ll find yourself constantly struggling to make highly profitable trades just to eke out a minuscule profit. Unless you’re wildly successful, commissions can eat up your bottom line rather quickly. Minimum balances are not as bad, but who wants to sign on with a brokerage firm that requires a $1,000 account balance before you can begin buying and selling currency pairs? The answer is no one. 

Likewise, the best forex platforms will offer you a significant amount of leverage. That means your $50 investment might be able to control 20 or more times that amount on a given trade. Leverage is the most potent tool you have for making large profits on small investments. Before you sign on with a broker, make certain that you clearly understand how much leverage you’ll have from day one. And if the website isn’t upfront about the issue, email or call to find out.

Selection of Instruments

The term instruments in the world of investing refers to things like stocks, bonds, foreign exchange currency pairs, precious metals, options, futures, and more. Our focus is forex, so what we’ll be looking for is someone who allows us to choose from as many pairs as possible. At a minimum, you’ll want access to the majors, namely the following pairs: EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD, and USD/CAD. The vast majority of daily volume takes place in the majors. Plus, from an individual’s point of view, these pairs are ideal instruments because they’re very easy to research, are often in the news, and have the highest liquidity of all.

Trading Platforms

Find out what platforms will be available to you. Some of the newer forex brokers only offer one, and that’s an in-house version that might not be suitable for your style of doing business. The good news is that many have versatile offerings that include the classic, best-known platforms. This is a key consideration because without an adaptable, versatile way to buy and sell, you might find yourself stuck in a rut. It’s usually simple enough to investigate this point just by visiting the main website.

Resources for Traders

Look for a provider who has extensive research, charting, news, and other resources. This point is especially vital for newcomers. Earning a profit in the markets is all about being informed and having the freshest information possible. Foreign exchange, more than any other trading instrument, is highly dependent on world news and current economic trends. If your information source is delayed even by an hour, your chance for profiting on a deal will decrease considerably.

Other resources include things like simulators, on which you can practice with fictitious money as you learn all the ins and outs of the order-placement systems. It’s also wise to check into whether you’ll have access to educational webinars and tutorials on important topics. Some providers offer extensive training for newcomers in addition to use of a simulator.

Alejandra Villagra, CBD, 360 MAGAZINE

High Times × Trading Symbol

HIGH TIMES ANNOUNCES TRADING SYMBOL AHEAD OF PLANNED LISTING

Hightimes Holding Corp., the owner of High Times®, the most well-known brand in cannabis, has announced that it has been approved for trading and has received its ticker symbol from FINRA. Upon completion of certain regulatory formalities, Hightimes will trade under the symbol “HTHC.”

The company, which is presently conducting a Reg A+ IPO, has garnered over $20,000,000 in investments from more than 25,000 shareholders. The High Times organization believes the ticker HTHC, an acronym for Hightimes Holding Corp., best identifies the company’s next chapter. The company polled its investors to decide the company’s ticker, receiving over 82% in support of the HTHC symbol.

“We’re extremely excited to shortly complete our Regulation A + process and commence trading – this approval for trading has been a long time coming! The support from our shareholders has been overwhelming, and this was really a decision which we sought input from our over 25,000 investors,” said Adam Levin, Hightimes Holding Corp.’s Executive Chairman. “We have an incredible community of investors who are actively engaging with our brand, and our community is growing by the day!”

“What better way to enter the public markets than crowdsourcing our ticker? This was truly a community decision. We wanted to open this up to our shareholders as this will be a symbol that defines us all for years to come,” Hightimes Chief Executive Officer Stormy Simon noted. ”

Mr. Levin continued, ”We believe that the Hightimes Regulation A+ investment campaign has proven to be one of the most successful offerings of its type – across any industry.”

This marks the last opportunity to become a shareholder ahead of the company’s listing on the public markets.

Interested investors are encouraged to visit hightimesinvestor.com to view the High Times offering circular. You can also email investor@hightimes.com or call 1 (833) BUY-HTHC (833-289-4842). View our latest Regulation A+ offering circular and our SEC filings HERE and HERE.

About High Times
For more than 45 years, High Times has been the world’s most well-known cannabis brand – championing the lifestyle and educating the masses on the benefits of this natural flower. From humble beginnings as a counterculture lifestyle publication, High Times is evolving into a cannabis retailer, hosting industry-leading events like the Cannabis Cup and the High Times Business Summit, while providing digital TV and social networks, globally distributed merchandise, international licensing deals and providing content for its millions of fans and supporters across the globe. In the world of Cannabis, High Times is the arbiter of quality. For more information on High Times visit hightimes.com

HIGH TIMES SOCIAL MEDIA:
Facebook | Instagram | Twitter

Cbd, health, cannabis, 360 MAGAZINE, Alejandra Villagra

HIGH TIMES GOES PUBLIC

High Times, the most well-known brand in Cannabis, announced today that it received notification from FINRA that it was granted a trading symbol, clearing a final hurdle to begin trading. Company trading will commence with a planned listing date to be determined in the near future. The approval provides Hightimes Holding Corp. the ability to list on the public markets which will culminate the brand’s highly successful Regulation A + campaign.

“This is a big step for the company and the High Times brand. The listing of the company’s stock will give us a trading currency that will assist us in furthering our acquisitional goals. There is no better time to roll out this next evolution as we enter the cannabis retail space,” Adam Levin, Executive Chairman of Hightimes Holding Corp., noted. “With the lessons we’ve learned from other operator’s mistakes, great management, and the current state of the industry, now is the time for High Times to thrive!“

“With over 23,000 investors, this has been one of the most widely subscribed to offerings in history – across any industry,” Levin continued. “We’ve proven the strength of our brand, and of the community we represent. We’re excited for this next step.”

High Times is committed to continuing to connect cannabis to consumers with trusted products, across price points, and has introduced several plans this year to support that. High Times aims to cement its place as the largest name in cannabis and become the ultimate destination for all consumers from the canna-curious to marijuana lifers – both in-store and in person. The continued expansion in licensing and e-commerce, and now into retail stores, allow the globally recognized brand the unique opportunity to reach consumers wherever they may live. With the first two retail stores launching in Los Angeles and Las Vegas, High Times’s digital presence provides worldwide reach.

“This feels just like my early days in ecommerce – except in this case we already have audience, and we’re dealing with the most well-known brand in Cannabis,” Stormy Simon, the brand’s Chief Executive Officer, stated. “My history in ecommerce should help the company as we develop both our retail business as well as our direct to consumer delivery options in markets across the globe.”

Canadian EV Company Rivaling Tesla Adds New Board Member

Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, has appointed Joanne Yan to the Electra Meccanica Board of Directors. Ms. Yan replaces Dr. Robert Tarzwell, who has resigned as a Director of the Company. “Dr. Tarzwell  joined our Company’s Board of Directors in 2015. He has been an active and valued director who has made a significant contribution,” stated Jerry Kroll, CEO.

Ms. Yan brings 25 years of experience in advising and managing both publicly traded and private companies. She serves as the President of Joyco Consulting Services, which she founded in 1994 to provide consulting services in the areas of corporate structuring, business development and strategic planning initiatives.

Ms. Yan has served on the Board of Directors of several public and private companies, including the Zongshen Industrial Group, Electra Meccanica’s strategic manufacturing partner. Recently, she led a transaction that enabled a Chinese company to acquire a 49% interest in Harbour Air, the largest sea plane operator in North America.

“We are fortunate to have Joanne Yan join our Board of Directors,” said Steven Sanders, Chairman of the Board of Directors of Electra Meccanica. “Ms. Yan is a strategic decision maker and investor with extensive business development experience. Her activities in the cross-border investment and M&A space, including the significant role she has played in our relationship with Zongshen and others, make Ms. Yan an ideal fit for our Board of Directors. I look forward to her contributions during this exciting time for Electra Meccanica.”

“Ms. Yan’s appointment to the Electra Meccanica Board of Directors is a testament to the strength of the relationship between Electra Meccanica and our manufacturing partner, the Zongshen Industrial Group,” said Jack Austin, Independent Director on Electra Meccanica’s Board of Directors.

“I am very pleased to accept my appointment to the Electra Meccanica Board of Directors,” said Joanne Yan. “I look forward to working closely with the board of directors particularly at this exciting time in the Company’s development as it initiates deliveries of the SOLO EV to customers in 2019.”