#future of crypto in the next 5 years
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Essential Tools In Crypto Trading Game: Guide of 2023
Equipping yourself with the proper Tools In Crypto Trading resources is as important as a compass for a sailor in the ever-changing world of Bitcoin. Here’s a look at the essential resources to improve your trading approach and bring your crypto experience to the next level. Important Resources And Essential Tools In Crypto Trading Game Tools In Crypto Trading – Image…
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From Hype to Reality: Future Of Crypto In The Next 5 Years
Since the arrival of bitcoin in 2009, the cryptocurrency market has come a long way, in which sometimes this market has been up and sometimes down. From the beginning of bitcoin till now we have seen very rapid development of crypto currency market but it is necessary to recognize what will be the future of crypto currency in the coming 5 years. However, predicting the future in such a dynamic…
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Folding Ideas: My Personal Favorites
Sometime last year I saw The Future is a Dead Mall for the first time, and as my first video from Dan Olson I can't say I was particularly hooked. Part of that was because the next few videos recommended to me were Line Goes Up, and Jamie Oliver's War on Chicken Nuggets which are really long and I don't really care about respectively. However, having gotten really into his videos recently I kind of just wanted to post something about it, so here's my list of my favorite 8 videos of his.
I Don't Know James Rolfe
It's just, so damn good. The framing of a retrospective on Dan life and career as a pseudo-takedown video on someone he claims to share some kinship with combined with a performed midlife crisis. Just absolutely brilliant. As far as particular draws for this video: the shot were Dan gets really angry at the camera while talking about how hard it is, while sitting underneath a projection of James is easily my favorite thing Dan has ever made.
2) This is Financial Advice
A thorough autopsy of the Gamestop squeeze and the followers of the meme stock movement with a few of my favorite gags of Dan's, also my favorite character of his (I'm new here). While a far more thorough video than Jauwn's video on Kais Maalej when it comes to the big picture both are very solid videos in their own right.
3) In Search of a Flat Earth
To be completely honest this is not a great Flat Earth video. It's good and it has quite a few incredible parts but I don't think it's as good as Hbomberguy's or Philosophy Tube's and especially not Professor Dave's. However, this is the single best video I've seen on Qanon. Also the descriptor Esoteric Fictionalism is really good
4)The Future is a Dead Mall
Of his 2 videos on defi I think this is the stronger of Dan's, and I think that's for a few reasons. Namely because he's able to attack the idea of the Metaverse more directly than he's able to attack anything during Line Goes Up, but maybe I just don't remember it as well.
5) Line Goes Up
NFT's are really fascinating and Dan does a really good job of covering them, it's just there's a few other youtubers who also make great videos on NFT's and crypto as their main focus, namely Jauwn and Coffeezilla.
6)The Art of Editing and Suicide Squad
A really good video on a pretty bad movie. It covers a lot of the problems in the movie and how despite several of them being caused by studio overreach it just wasn't going to be a particularly good movie. Also El Diablo is far and away the best character in the movie .
7)The Darkmoon Fiasco
Short sweet to the point.
8)Contrepreneurs: The Mikkelsen Twins
Dan writes a book about hypnosis. also he makes a whole video off of ads that just kind of annoyed him, he does the same thing for the Idris Elba Gold Doc which is also a great video but I think this one is the better of the 2.
#folding ideas#video essays#james rolfe#angry video game nerd#gme#flat earth#conspiracy theories#qanonisacult#decentraland#defi#nft#suicide squad#dc universe#world of warcraft#con artist#book writing
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The Top 10 Web3 Crypto Coins Set to Explode by 2025
In the dynamic world of cryptocurrencies, investors are always on the lookout for the next big thing. As we approach 2025, the focus is shifting towards Web3 crypto coins that promise explosive growth. These digital assets are not only volatile but also have the potential to reshape industries. Let's delve into the top 10 Web3 crypto coins that are set to explode and make waves by 2025.
1.Filecoin
Filecoin stands out as a beacon of innovation in the world of cryptocurrency. Developed by Protocol Labs, Filecoin operates as an open-source, public cryptocurrency and digital payment system. Its primary purpose is to establish a blockchain-based cooperative digital storage and data retrieval method. Transactions within the network are facilitated using FIL, the native currency of the blockchain.
2.Theta
Theta, a blockchain-based network founded in 2018, is a game-changer for video streaming enthusiasts. Operating on a decentralized network, Theta allows users to exchange bandwidth and processing resources peer-to-peer. The goal is clear: enhance video streaming quality, making it more efficient and cost-effective. As the demand for high-quality streaming rises, Theta positions itself as a key player in the industry.
3.Chainlink
Co-founded in 2014 by Sergey Nazarov and Steve Ellis, Chainlink has emerged as a pioneer in connecting off-platform sources to smart contracts. With a robust foundation in decentralized systems, Chainlink is a dominant force in a growing market. Investing in Chainlink is akin to putting trust in a technology that seamlessly integrates data into smart contracts.
4.Internet Computer
Internet Computer (ICP) plays a crucial role as a utility token, enabling users to participate in and govern the Internet Computer blockchain network. Designed to assist developers in creating websites, enterprise IT systems, internet services, and DeFi applications, ICP offers versatility. Notably, ICP can be staked or converted into cycles, powering computation for decentralized applications (dApps) and traditional applications alike.
5.BitTorrent
BitTorrent, a popular peer-to-peer distributed communication technology, revolutionizes data distribution. By eliminating the need for a central server, BitTorrent ensures reliable simultaneous distribution of large files to multiple clients. The protocol's efficiency and decentralized nature make BitTorrent a cornerstone in the era of massive data sharing.
6.Uniswap
Uniswap, an Ethereum token, drives the automated liquidity provider designed for exchanging Ethereum (ERC-20) tokens. Unlike traditional exchanges, Uniswap operates without an order book or central facilitator. Token exchanges occur through liquidity pools defined by smart contracts, providing a decentralized and efficient trading experience.
7.Ethereum
Ethereum, the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge in value, reaching as high as 800% in the last year. Ethereum's significant role in expanding decentralized finance (DeFi) contributes to its widespread acceptance and substantial investments. As the crypto landscape evolves, Ethereum continues to play a pivotal role in shaping the future of finance.
8.Decentraland
Decentraland, a 3D virtual reality platform built on the Ethereum blockchain, offers a unique space where users can create and monetize content and applications. Functioning as a shared metaverse, Decentraland allows users to purchase virtual plots of land. Its immersive experience and user-owned network contribute to its growing popularity.
9.Polkadot
Polkadot distinguishes itself by seamlessly connecting heterogeneous blockchain networks. Its capability to facilitate communication between diverse blockchain projects positions it as a promising investment. The Polkadot ecosystem is witnessing a surge in projects built on its foundation, making it a reliable choice for investors seeking decent returns.
10Cardano
Cardano stands out as a digital currency with impressive growth, driven by its commitment to optimizing transaction time and energy consumption. As the crypto community emphasizes sustainability, Cardano's approach aligns with the evolving preferences of investors. Its growth trajectory indicates a promising future in the competitive cryptocurrency landscape.
FAQs----------------------------------------
How Can I Start Investing in Web3 Crypto Coins?
To invest in Web3 crypto coins, start by creating an account on a reputable cryptocurrency exchange. Purchase popular coins like Ethereum or Binance Coin and explore emerging projects with potential.
Is Web3 Technology Safe for Investments?
Web3 technology introduces enhanced security features through decentralized frameworks. While risks exist, thorough research and due diligence can mitigate potential issues, making it a relatively safe investment avenue.
What Sets Web3 Apart from Previous Crypto Generations?
Web3 introduces decentralization on a broader scale, emphasizing user control and security. It aims to address scalability, interoperability, and sustainability, marking a significant evolution from previous crypto generations.
Which is the Best Blockchain Development Company In Mohali, Punjab ?
Wisewaytec stands at the forefront of cutting-edge blockchain development, offering innovative solutions that redefine the digital landscape. As the Best Blockchain Development Company in Mohali, Punjab we are committed to empowering businesses with transformative technologies that enhance security, transparency, and efficiency.
Can Web3 Coins Replace Traditional Financial Systems?
While Web3 coins aim to revolutionize finance, complete replacement of traditional systems is a gradual process. They coexist, offering diverse options for users seeking decentralized alternatives.
Are Web3 Crypto Coins Suitable for Long-Term Investments?
Many Web3 projects demonstrate potential for long-term growth. However, due diligence is crucial. Research each project's fundamentals, team, and community support to make informed decisions.
Conclusion
The top 10 Web3 crypto coins mentioned above are poised to explode by 2025. Each coin represents a unique value proposition, catering to the evolving needs of investors and enthusiasts. As the market embraces innovation, these cryptocurrencies stand as beacons of potential growth and transformation.
Disclaimer: Any financial and crypto market information written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of being absolved from any/ all potential legal action, or enforceable claims. I do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.
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Coins, NFTs, and AI: News & Updates Today
The digital world continues to evolve at a rapid pace, with cryptocurrency, NFTs, and AI dominating headlines today. The integration of blockchain technology, digital assets, and artificial intelligence is opening up new frontiers for innovation, investment, and creative expression. Let’s dive into the latest breaking news in these exciting fields.
1. Bitcoin's Price Surge: What's Driving It?
Bitcoin has been experiencing significant price movements recently, with Bitcoin's price today climbing to new highs. Institutional investors are increasingly backing Bitcoin, bolstering its legitimacy in the eyes of both retail and corporate investors. This surge is attributed to a growing sense of confidence in the global economy and the demand for decentralized assets. Investors are eagerly watching the price movement of Bitcoin as it could have far-reaching implications for the entire cryptocurrency market.
Stay updated on #BitcoinPriceToday and key market trends at Crypto Venture.
2. Altcoins Making Their Move
While Bitcoin remains dominant, altcoins are making waves. Coins like Ethereum, Solana, and Cardano are seeing a surge in market value as blockchain technology continues to mature. These coins are attracting attention not only because of their impressive gains but also due to the robust ecosystems they power—especially in decentralized finance (DeFi) and smart contracts.
To stay ahead in the #CoinsNewsCrypto space, visit Crypto Venture for the latest updates on altcoin movements and innovations.
3. NFTs: Beyond Art to Real-World Applications
NFTs are no longer just digital art collectibles; they are evolving into assets that offer real-world utility. Recent trends show NFTs being used for exclusive access to virtual events, memberships, and even physical goods. Brands and creators are finding new ways to engage with their communities by combining real-world perks with the digital ownership benefits that NFTs provide.
Fractional NFTs are also gaining popularity, enabling multiple owners to share a stake in high-value items like virtual land or art. This democratization of digital assets is making NFTs more accessible to a broader audience.
4. AI and Blockchain: The Future of Digital Innovation
Artificial intelligence is making its mark in both cryptocurrency and NFT spaces. In the world of cryptocurrency, AI is being used to improve transaction speeds, bolster security, and predict market trends. Meanwhile, AI-driven generative art is revolutionizing the NFT sector, allowing artists to create dynamic, evolving digital works that change over time. This combination of AI and blockchain technology is paving the way for next-gen innovations in digital assets, creating more personalized and immersive experiences for users.
Discover more about the role of AI in the future of digital assets by visiting Crypto Venture.
5. Shiba Inu: Meme Coin or Market Leader?
Shiba Inu, the meme coin that made a splash a few years ago, continues to attract attention as it rides waves of speculation and viral trends. While it may have started as a meme, Shiba Inu Coin has become one of the most traded cryptocurrencies globally. With its large and passionate community, Shiba Inu is exploring new avenues like ShibaSwap and launching new projects within its ecosystem.
For the latest on #ShibaInuCoinNews, visit Crypto Venture.
6. Global Crypto Regulations: What’s Changing?
Governments worldwide are paying closer attention to cryptocurrency and NFT regulations. As digital assets become mainstream, regulatory bodies are stepping up efforts to ensure security, tax compliance, and investor protection. Recent discussions highlight the need for clearer guidelines around cryptocurrency exchanges, wallet providers, and the use of NFTs for financial transactions.
Stay informed about the latest #CryptocurrencyNewsToday and global regulatory changes at Crypto Venture.
In Conclusion: Today’s breaking news in coins, NFTs, and AI underscores a rapidly changing digital landscape where new innovations are disrupting traditional industries. As Bitcoin leads the charge, altcoins and NFTs are evolving to offer more utility to users, while AI is enhancing blockchain technology and digital asset creation. Stay ahead of the curve by following Crypto Venture for daily updates and in-depth insights.
For more updates, follow the latest trends using #CoinsNewsCrypto, #BitcoinPriceToday, #BitcoinNews, #ShibaInuCoinNews, and #CryptocurrencyNewsToday for more breaking news and insights.
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Bitcoin Price Dips Under $70K Anticipating Major News Events
Key Points
Bitcoin’s price fell below $70K due to a bearish outlook in November.
The total crypto market cap dropped by over 5%, led by Ethereum.
Bitcoin’s price, which closed around $70K in October, started November on a bearish note.
The leading cryptocurrency saw a drop of over 4% on the first day of November, trading at about $69,215 during the mid-London session. This drop in Bitcoin’s price led to a bearish outlook in the larger crypto market, with nearly $1 trillion being wiped out from the US stock market in the last 24 hours.
Impact on the Crypto Market
Data shows that the total cryptocurrency market cap fell by over 5%, a decline led by Ethereum. As a result, the market cap stood at around $2.42 trillion at the time of reporting. This led to around $290 million being liquidated from the crypto-leveraged market in the past 24 hours, with $259 million involving long traders.
Reasons for Bitcoin’s Price Drop
The cryptocurrency industry experienced increased volatility in the past 24 hours, largely due to the futures and options market and upcoming high-impact news. Market data from CoinGlass shows that Bitcoin’s options volume increased from below $300 million to around $2 billion in the last few days.
In addition, investors in top spot Bitcoin ETF issuers in the United States withdrew their funds, except for BlackRock’s IBIT which saw $318 million in cash inflows on Thursday. After gaining nearly $2 billion in cash inflows on Tuesday and Wednesday, the US spot Bitcoin ETF issuers registered a net cash inflow of around $32 million on Thursday.
The price of Bitcoin is also reacting to the expected volatility in the coming days, amid high-impact news from the United States. On November 5, the US 2024 presidential election will conclude, which will heavily influence the regulatory framework in the largest global economy over the next four years.
The crypto market is keenly awaiting today’s data on the unemployment rate, which will greatly influence the Fed’s decision on interest rates next week. After the first rate cut in September, the Fed is expected to make another cut next week to improve the country’s economic outlook.
Midterm Expectations
Despite the recent drop, Bitcoin’s price has performed well in the last two months, and the bullish trend is expected to continue for the remainder of the year. However, Bitcoin’s price could experience increased volatility in the coming weeks, potentially leading to short-term bearish movements.
Crypto analyst Ali Martinez suggests that Bitcoin’s price will likely find solid support above $69K, potentially leading to a rally towards a new all-time high in the near term. Martinez has set a short-term target range of between $78K and $84K, which could be achieved by the end of this year.
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The future of Cryptocurrency- What to Expect in 2025 and Beyond?
Cryptocurrencies are set to have a major impact on our lives by 2025. Blockchain technology and digital currencies offer potential for financial revolution, global trade improvements, and innovation. As they grow, they could open up new investment opportunities and drive economic growth.
Challenges such as security issues and regulatory changes are likely to be addressed and resolved over time.
Join the Blockchain Revolution
Whether you're a seasoned blockchain enthusiast or just starting your journey, Blockchain Junction is your trusted source for reliable information and expert insights.
Can we time-test the future of cryptocurrency in the next 5 years?
It’s true that due to market volatility, no expert can predict rising crypto prices with absolute confidence. This fact makes the future of crypto in the next 5 years or even in as little as a month quite unknown. But as technology advances, usage grows, and laws get better, it looks like cryptocurrencies and blockchain technology would have a bright future indisputably.
The general trend indicates considerable development and innovation in the industry, even though exact projections and cryptocurrencies predictions stand unknown. Read more about The future of Cryptocurrency- What to Expect in 2025 and Beyond.
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Fear Strikes Crypto Market: Could Bitcoin Plummet to $40K?
Key Points
Bitcoin [BTC] experienced a significant decline, nearing a drop below $50k for the first time since February.
External macroeconomics, including a crash in Japan and Taiwan’s stock markets, have contributed to the crypto market’s downturn.
Bitcoin’s value is nearing a decline below $50k, a value not seen since February of this year. This comes as global stock markets take a hit, particularly in Japan and Taiwan.
Bitcoin’s Decline
The cryptocurrency market has seen a significant decrease in the last 24 hours, with Bitcoin [BTC] taking the hardest hit. Currently, BTC is trading at $50436, reflecting a 16.21% decline on daily charts and a 27% drop on weekly charts.
This substantial decrease has led to speculation among traders and analysts regarding BTC’s future and the cause of this major price drop. After falling to $53k, investors with long positions of over $600 million were forced out, resulting in a $300B total decline in the crypto market.
If BTC falls further to $50k, more than $6B long positions could be forced out. This price decline has increased bearish sentiment, with traders rushing to buy the dip. However, data suggests investors and traders are less interested in the dip.
External Factors Impacting BTC
Over the past week, global markets have faced a fear of recession following the Federal Reversal’s failure to cut rates. Rising U.S. debts have led to higher outflows from the crypto markets, particularly from ETFs due to market uncertainty.
The Japanese market crash, which saw a drop of over 8% in 24 hours, has also impacted the crypto market. The plummeting global stock markets have pushed BTC down, with Japan’s stock market experiencing its biggest single-day drop.
Taiwan’s stock market has also suffered its worst day in 57 years, adding to the fears of a recession in the U.S. economy.
Price Chart Predictions
BTC has declined by 17% in the past 24 hours, continuing a month-long decline. Over the past 30 days, BTC has declined by 5%, resulting in a market cap drop below $1T to $990B.
Analysis shows that BTC is experiencing a strong downward momentum. The Directional Movement Index (DMI) indicates a sustained downtrend, with the positive index at 26 sitting below the negative index at 29.
Open Interest has also declined from $37B to $31B, indicating that leveraged positions are being forcefully closed. Increased liquidation for long positions suggests that holders lack confidence in BTC’s current direction.
If the current market conditions persist and BTC closes below $50670 on daily charts, it could find its next support around $47779.
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My professional advice right now, as someone who has been in various creative industries for a decade and in specifically corporate design for most of it, is to not even touch AI for like, the next two or three years.
For several reasons:
1. Currently, there is no way to use generative AI softwares ethically, because none of the databases are ethical in their content.
2. Also right now, big corporations like Adobe are only just pushing out their new AI softwares and apps, which are bound to be riddled with bugs for at least two years anyway because that’s just the reality of big software updates. However, the minute Adobe gets a good AI software out, it will pretty much immediately kill Midjourney and the other competitors, because Adobe will have a decent interface and will be user-friendly. So even if you could stomach using AI, learning how to use any of the currently existing softwares just isn’t worth it in the long run
3. Right now it just does not look good for an artist, any artist, to use AI. It’s a hot button issue, battle lines are being drawn, there is no space for nuanced debate when entire creative fields and many people’s livelihoods are on the line. As I explained in the original post, you need a good reputation in the eyes of your peers far more than you need one in the eyes of corporations, who don’t give a shit about you. So right now the smartest thing to do for your current or future career is to not pick the side of the battle that will make everyone hate you.
4. There is approx a million lawsuits happening. There are regulations being discussed in pretty much every country at the government level. No one knows what the future of AI is. Maybe the databases will be deleted and we will start anew. Maybe laws will shape how AI is used going forward. Maybe the corporations will get their way, or maybe artists will. Maybe maybe maybe. My point is right now no one fucking knows what things will look like when the dust settles. So “learning how to use AI to our artistic advantage” is just not really a thing, since there is so much uncertainty as to what AI will even look like tomorrow, or in a week, or in a year. Let the lawsuits play out honestly. Let enough time pass that we can at least guess the shapes of the laws and regulations that will undoubtedly be created. Right now learning how to use AI art generation is a worse and more potentially-useless investment of your time and efforts than getting into crypto.
5. Doing art the regular way isn’t going away. It never will, the same way that print books didn’t go away with the advent of the ebook. Many of my peers left the field of graphic design for print 10 years ago in order to develop their digital design skills. They told me that print was dead, that I would lose my job. I mean sure, the industry changed, but it didn’t die and my skills are still relevant and useful. You will get far more buck for your money if you focus on getting really good at whatever it is you do instead of chasing trends.
So, yeah. My best advice right now for artists is either fight with and for your peers, or sit this one out. People can tell you that you need to learn AI all they want, but AI could be dead or fundamentally different by tomorrow for all we know, so don’t waste your time on that until the trend has lasted for more than one year at the very least. I mean, remember NFTs? No one’s regretting not learning how to do NFTs when it was hot because it was a trend and a stupid one anyway. People who did get into NFTs before all the kinks of the technology were ironed out… all they managed to do was burn bridges and get blacklisted.
Edited to add: anyway the way to be successful in any creative career in the long run isn’t to be super talented or hip to new trends, it’s to be consistently competent and not hopelessly horrible at networking. AI sucks at the former (not consistent) and will actively hinder you for the latter (how will you even meet other artists if the statistics machine does everything for you?)
A note to all creatives:
Right now, you have to be a team player. You cannot complain about AI being used to fuck over your industry and then turn around and use it on somebody else’s industry.
No AI book covers. No making funny little videos using deepfakes to make an actor say stuff they never did. No AI translation of your book. No AI audiobooks. No AI generated moodboards or fancasts or any of that shit. No feeding someone else’s unfinished work into Chat GPT “because you just want to know how it ends*” (what the fuck is wrong with you?). No playing around with AI generated 3D assets you can’t ascertain the origin of. None of it. And stop using AI filters on your selfies or ESPECIALLY using AI on somebody else’s photo or artwork.
We are at a crossroad and at a time of historically shitty conditions for working artists across ALL creative fields, and we gotta stick together. And you know what? Not only is standing up for other artists against exploitation and theft the morally correct thing to do, it’s also the professionally smartest thing to do, too. Because the corporations will fuck you over too, and then they do it’s your peers that will hold you up. And we have a long memory.
Don’t make the mistake of thinking “your peers” are only the people in your own industry. Writers can’t succeed without artists, editors, translators, etc making their books a reality. Illustrators depend on writers and editors for work. Video creators co-exist with voice actors and animators and people who do 3D rendering etc. If you piss off everyone else but the ones who do the exact same job you do, congratulations! You’ve just sunk your career.
Always remember: the artists who succeed in this career path, the ones who get hired or are sought after for commissions or collaboration, they aren’t the super talented “fuck you I got mine” types. They’re the one who show up to do the work and are easy to get along with.
And they especially are not scabs.
*that’s not even how it ends that’s a statistically likely and creatively boring way for it to end. Why would you even want to read that.
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‘No-Brainer’ Bitcoin Price Rebounds, Says Expert Analyst
Key Points
Bitcoin’s price has dropped 6% since September 30, 2024, to $61,000, which some analysts see as a buying opportunity.
Geopolitical tensions and economic concerns have led to a sell-off in risk assets like Bitcoin.
Bitcoin has seen a 6% decrease in its value since September 30, 2024, bringing its price to $61,000. Quinn Thompson, Chief Investment Officer at Lekker Capital, believes this to be an ideal time for investors to buy more Bitcoin, considering changes in the broader economic landscape.
Bitcoin’s Price Movements and Predictions
On October 3, Thompson shared his analysis on X (formerly known as Twitter). He provided a chart showing Bitcoin’s price movements since March 5, 2024, when it reached a peak of $73,700. This chart underscored Bitcoin’s volatility and the recent downward trend, leading Thompson to compare it with historical market behaviors.
Thompson identified three previous instances where Bitcoin fell below its 200-day moving average, a critical metric for traders assessing an asset’s mid-term strength. However, in the current situation, Bitcoin quickly rebounded from this level. Thompson interpreted this recovery as an indication of a significant shift in the broader economic landscape, suggesting that Bitcoin’s price is likely to rise again soon.
Market Confidence Amid Geopolitical Tensions
Thompson expressed confidence in the market, suggesting it’s a clear opportunity to bid despite short-term fluctuations. He pointed to geopolitical tensions in the Middle East, particularly Iran’s military actions against Israel, which have shaken global markets. These events, along with broader economic concerns, have led to a sell-off in risk assets like Bitcoin.
Concerns about the strength of the US economy and the uncertain outcomes of the November elections have fueled market volatility, weakening investor confidence. This shift has dampened the enthusiasm surrounding “Uptober”, a term for October’s usually positive performance in the crypto space. As markets retreat, social media mentions of “Uptober” have faded.
Thompson’s perspective aligns with other analysts, such as Santiment’s Maksim Balashevich, who noted that while optimism is dwindling, it could signal a chance for a short-term recovery. However, Balashevich cautioned that it’s unclear whether the larger downtrend has ended. This reflects the mixed opinions within the investment community on Bitcoin’s future.
October: A Potential Surge for Bitcoin?
Historically, October has shown strong cryptocurrency performance, averaging over 20% gains in the past 11 years, according to CoinGlass. However, most of these gains typically occur in the second half of the month. In early October 2023, Bitcoin dropped 7%, hitting $26,650. Yet, within two weeks, it surged nearly 30%, closing the month at $34,500. This pattern has led traders to expect a similar spike this October.
Currently, Bitcoin’s 6% decline and signs of recovery create a cautiously optimistic outlook for investors. Quinn Thompson, a key voice, suggests buying during the dip, and historical trends back this view. Investors should weigh these factors, considering both risks and rewards in today’s market.
As the cryptocurrency market evolves, global events, economic signals, and technical analysis will shape strategies. The next few weeks will be crucial in determining if Bitcoin will repeat its typical October surge or follow a new path in this ever-changing financial environment.
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Cryptocurrency and Blockchain in E-commerce: Revolutionizing the Way We Shop Online
Cryptocurrency and Blockchain in E-commerce: Revolutionizing the Way We Shop Online
Remember when paying for your online purchases with a credit card felt cutting-edge? Well, buckle up, because we're on the brink of a payment revolution that's set to transform the e-commerce landscape. Cryptocurrency and blockchain technology are no longer just buzzwords for tech enthusiasts – they're rapidly becoming the next frontier of online payments. Let's dive into how these innovations are reshaping the way we buy and sell in the digital marketplace.
1. The Rise of Crypto Payments: More Than Just Bitcoin
When most people think of cryptocurrency, Bitcoin immediately comes to mind. But the world of digital currencies has expanded far beyond its pioneering predecessor. From Ethereum to Litecoin, a whole ecosystem of cryptocurrencies is emerging as viable payment options in e-commerce.
Real-world adoption: Did you know that major e-commerce players like Overstock and Newegg have been accepting Bitcoin for years? And they're not alone. Even traditional payment giants like PayPal are jumping on the crypto bandwagon, allowing users to buy, hold, and sell cryptocurrencies directly through their platform.
As an online retailer or shopper, it's time to start familiarizing yourself with the major cryptocurrencies and how they work. Who knows? Your next online purchase might just be paid for with digital coins!
2. Blockchain: The Unsung Hero of Secure Transactions
While cryptocurrencies grab the headlines, it's the underlying blockchain technology that's truly revolutionizing e-commerce behind the scenes. This decentralized ledger system is bringing unprecedented levels of security and transparency to online transactions.
Industry impact: Walmart has implemented blockchain to trace the origin of food products, enhancing food safety and reducing waste. Imagine being able to scan a QR code on your grocery items and instantly see their entire journey from farm to shelf!
For e-commerce businesses, blockchain offers the potential to streamline supply chains, reduce fraud, and build trust with customers. It's time to start exploring how this technology could benefit your online store.
3. Smart Contracts: Automating Trust in E-commerce
Smart contracts, powered by blockchain technology, are set to revolutionize how we handle agreements in e-commerce. These self-executing contracts with the terms directly written into code can automate processes like escrow, refunds, and loyalty programs in e-commerce development
Practical application: Imagine a scenario where a customer's payment is held in escrow and automatically released to the seller once the tracking number shows the item has been delivered. No more disputes over undelivered packages!
As an e-commerce business owner, start thinking about how smart contracts could streamline your operations and enhance customer trust. The possibilities are truly exciting!
4. Decentralized Marketplaces: Cutting Out the Middleman
Blockchain technology is paving the way for truly decentralized marketplaces, where buyers and sellers can interact directly without the need for intermediaries. This could potentially reduce fees and give both parties more control over their transactions.
Emerging trend: Platforms like OpenBazaar are already experimenting with this model, allowing users to trade directly using cryptocurrencies. It's like a blockchain-powered Etsy or eBay!
Whether you're a seller looking to maximize profits or a buyer seeking better deals, keep an eye on these decentralized platforms. They could represent the future of online marketplaces.
5. Tokenization: Reimagining Loyalty Programs
Blockchain technology is breathing new life into customer loyalty programs through tokenization. By converting loyalty points into blockchain tokens, businesses can create more flexible, transferable, and valuable reward systems.
Innovation in action: Singapore Airlines has tokenized its frequent flyer miles, allowing members to instantly convert their miles into blockchain-based digital tokens that can be used with partner merchants.
For e-commerce businesses, tokenized loyalty programs could be a game-changer in customer retention and engagement. It's time to start thinking about how you could tokenize your own reward system!
6. Micro-transactions: Opening Up New Possibilities
Cryptocurrencies and blockchain make micro-transactions more viable than ever before. This opens up new possibilities for content monetization and pay-per-use models in e-commerce.
Real-world example: Brave, a privacy-focused web browser, allows users to tip content creators with small amounts of cryptocurrency. Imagine being able to pay a fraction of a cent to read an article or watch a video!
For online businesses, especially those in digital goods and services, micro-transactions could unlock new revenue streams. It's worth exploring how this model could apply to your offerings.
7. Cross-Border Transactions: Breaking Down International Barriers
One of the most exciting aspects of cryptocurrency in e-commerce is its potential to simplify cross-border transactions. By eliminating currency conversion fees and reducing processing times, crypto payments could make international e-commerce smoother than ever.
Global impact: Ripple, a blockchain-based payment protocol, is being used by banks and financial institutions to facilitate faster, cheaper international transfers. This technology could be a game-changer for e-commerce businesses operating globally.
If you're an e-commerce business with international ambitions, it's time to start considering how cryptocurrency payments could help you reach a global audience more efficiently.
8. The Challenge of Volatility: Navigating the Crypto Rollercoaster
Of course, it's not all smooth sailing in the world of cryptocurrency. The notorious volatility of digital currencies presents a significant challenge for e-commerce adoption. After all, no one wants the value of their payment to plummet overnight!
Innovative solution: Stablecoins, cryptocurrencies pegged to stable assets like the US dollar, are emerging as a potential solution. They offer the benefits of crypto with the stability of traditional currencies.
As we move forward, keep an eye on developments in stablecoins and other volatility-mitigation strategies. They could be the key to widespread crypto adoption in e-commerce.
Conclusion: Embracing the Crypto-Commerce Revolution
As we stand on the brink of this new era in e-commerce, it's clear that cryptocurrency and blockchain are more than just passing trends. They represent a fundamental shift in how we think about online transactions, trust, and value exchange.
For e-commerce businesses, now is the time to start exploring these technologies. Whether it's accepting crypto payments, implementing blockchain in your supply chain, or reimagining your loyalty program with tokens, there are countless opportunities to innovate and stay ahead of the curve.
And for online shoppers, get ready for a future where your purchases are more secure, your loyalty points are more valuable, and your options for payment are more diverse than ever before.
The crypto-commerce revolution is here, and it's transforming the online shopping experience one block(chain) at a time. Are you ready to be part of this exciting new frontier? Let's embrace the future of e-commerce together, where the possibilities are as endless as the blockchain itself!
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Nvidia CEO Jensen Huang Receives Rock Star Treatment
(Source – GN Crypto)
Jensen Huang, CEO of Nvidia (NVDA), recently garnered rock star treatment in Taiwan, where he was a keynote speaker at the Computex Taipei computer trade show. Huang’s visit captivated Taiwanese media, with extensive coverage and reporters closely following his every move. He was mobbed by attendees at Computex and featured prominently in thousands of social media posts.
“He’s just such an inspiration – he’s one of us,” said engineer Hol Chang. “What he is doing will change the world.” Huang’s popularity, dubbed “Jensanity” by locals, has swept across the island, making headlines and sparking public fascination.
Huang’s activities were closely followed, from dining at local restaurants to posing for selfies and answering questions about his meals. He even threw the first pitch at a baseball game in Taipei and signed autographs, including a memorable request from a female fan to sign her top across her chest. This level of celebrity treatment highlights his significant influence and the high regard in which he is held in Taiwan.
Nvidia’s Market Surge
Huang, 61, was born in Tainan, Taiwan’s historic capital, before emigrating to the United States at age nine. While his celebrity status in the U.S. is more subdued, with occasional recognition, his company, Nvidia, is widely acknowledged. Nvidia dominates the market for graphics chips that power the massive artificial intelligence (AI) datasets used by major tech firms like Meta Platforms (META), Microsoft (MSFT), and Alphabet (GOOG).
On June 5, Nvidia shares experienced a significant surge, reaching record highs and surpassing Apple (AAPL) in market capitalization. Nvidia’s market value hit $3.019 trillion at the end of the session, compared to Apple’s $2.99 trillion. This milestone positioned Nvidia as the second-most valuable public company, trailing only behind Microsoft, which holds a market capitalization of $3.15 trillion.
During his keynote at Computex, Huang outlined Nvidia’s ambitious plans to introduce a new version of its flagship AI chips annually. “Our company has a one-year rhythm,” Huang stated. “Our basic philosophy is very simple: build the entire data-center scale, disaggregate and sell to you parts on a one-year rhythm, and push everything to technology limits.” He revealed that a significant upgrade to Nvidia’s next-generation Rubin GPU (graphics processing unit) is in the pipeline and set for release in 2026. “The next wave of AI is physical AI,” Huang said. “AI that understands the laws of physics, AI that can work among us.”
Nvidia also announced plans to ship its new Blackwell GPU system in the coming months, with an upgrade to Blackwell Ultra expected next year.
Market Analysts and Future Prospects
Bank of America Securities analysts, led by Vivek Arya, reiterated their buy rating on Nvidia, setting a price target of $1,500. They highlighted Nvidia’s strong position to enable the $3 trillion IT industry to deliver AI services. “Despite claims by rivals (AMD, Intel, custom chips or ASICs), we see NVDA with a multi-year lead in performance, pipeline, incumbency, scale, and developer support,” Arya noted in a research report.
Last month, Nvidia reported outstanding first-quarter earnings, including a five-fold increase in overall revenue, which surpassed $26 billion. Net income surged, resulting in a bottom line of $15.24 billion. Additionally, Nvidia announced a ten-for-one forward stock split, effective after June 7.
Chris Versace of TheStreet Pro decided to trim his position in Nvidia ahead of the stock split. “We’ve seen NVDA shares drift higher this week following CEO Jensen Huang’s comments at Computex and a few price target increases across Wall Street,” Versace remarked. “Our view is the 10-for-1 split is largely cosmetic, and we’d rather lock in the more than 50% gain on our original NVDA purchase.”
As Nvidia continues to push technological boundaries and expand its market presence, “Jensanity” reflects the profound impact of Huang’s leadership and vision in the tech world.
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Top 6 TON coins with strong growth potential in 2024
The year 2024 promises to bring big changes to the cryptocurrency market, with the strong rise of the TON ecosystem. The TON system, built by the Telegram construction team, possesses great potential with fast processing speed, impressive scalability, and a large user community. In the context that Uptrend 2024 is on its way to the top, this article will introduce to you the top 6 "jades" hidden in the TON ecosystem, possessing strong explosive potential. 1. Top #1 : TON Toncoin (TON) is a decentralized layer 1 blockchain developed in 2018 by encrypted messaging platform Telegram. Then the project was discontinued, taken over by the TON Foundation and changed its name from "Telegram Open Network" to "The Open Network".
2. Top #2: CATTON What is Catton? CatTon is a cryptocurrency built and developed within the TON blockchain ecosystem. allowing holders to participate in DeFi (Decentralized Finance) gaming applications while accumulating mining rewards.
CatTon is designed for a wide audience in the cryptocurrency space For project developers, providing a secure launchpad and support including marketing services and community building initiatives For crypto enthusiasts and investors, CatTon serves those looking for potential projects in the TON ecosystem. Website: https://catton.fun Network society: Telegram channel : http://t.me/CattonGlobal Twitter: / catcoin2024 Contract: https://tonscan.org/jetton/EQD2li75-B... Whitepaper: https://catton.gitbook.io/cattonworku
3. Top #3 : SHRAP Shrapnel (SHRAP) is a free-to-play, mission-based first-person shooter (FPS) game, built on a blockchain platform and developed by NEON Media. The game gives players creative tools to engage in combat, interact with a vibrant community of gamers, and together shape the future of gaming.
They have directly participated in launching popular games such as Star Wars, BioShock, Halo and Call of Duty. Under the leadership of CEO Mark Long, an industry veteran with more than 32 developed titles, NEON Media has affirmed its position as a leading studio in the field of AAA quality game development. Shrapnel is their next notable product..
4. Top #4: generation coin
DeFinder Capital is currently the largest project ecosystem on the TON blockchain with more than 100 integrated services on the same platform. More than just being a token dedicated to the community, DeFinder Capital has quickly grown dramatically, attracting the attention of investors in the broader market. In just six months, DFC has seen tremendous growth with more than 1000 members joining the DAO and being listed on major TON (CEX) centralized exchanges such as MEXC, CMC and Coingecko
Since listing, the price of DFC tokens has skyrocketed more than 3000%, demonstrating its popularity and high demand in the market. The project's strategic partnerships, such as with DeLab, a TON software company, have contributed to the expansion of the DeFinder ecosystem. DeFinder Capital's key products include DeWallet (e-wallet), DeFinder Capital Investment Fund, Lineage server and the first professiona.
5. Top #5 : TONUP
TonUP is a launchpad that operates on The Open Network (TON). The platform was built to solve the problem of asset shortages on TON and provide a supportive environment for new projects to take off successfully. Besides providing regular IDO services, the platform also introduces a new concept, Community Protection Plan (CPP), to protect the interests of IDO community members
TonUP is designed for a diverse audience in the cryptocurrency space. For project developers, TonUP provides a secure launch pad and support, including marketing services and community building initiatives. For cryptocurrency enthusiasts and investors, TonUP caters to those looking for potential projects in the TON ecosystem.
6. Top #6 : stTON
stTON is a derivative token offered by bemo, a pioneering liquid staking platform on the TON blockchain. The bemo platform is designed for both individual users and institutions holding TON tokens. bemo offers a non-custodial staking solution, giving users full control over their tokens.
on Raffles is an innovative service on the TON blockchain, combining community management features and modern blockchain technology. The platform includes two main directions: Web2 and Web3. Blogcrypto
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ECOS History
For those who choose a cloud mining provider, the history of the company and its legality are very important. No wonder, because they trust the company with their funds and hopes for the future. In our articles, we ourselves often recommend checking providers and choosing reliable partners that have been on the market for a long time. Therefore, we have prepared a brief history of ECOS!
ECOS was founded in Hrazdan, Armenia in 2017. Yes, we have been working on the cryptocurrency market for more than 5 years. Sometimes it seems that we are the oldest team on the market, but in this context it’s cool. Why Razdan? The fact is that the Hrazdan hydroelectric power station is located near this city, with which in February 2018 we signed a direct agreement on the power supply of the data center with a total capacity of up to 200 MW. This has enabled us to provide equipment with stable and cheap energy at a special price, and provide customers with a profitable and reliable product for the next years.
In August of the same year, together with the Ministry of Economic Development of Armenia, we established a Free Economic Zone in the city of Hrazdan and became the operator of the free economic zone. The purpose of the participation of the Armenian government in this project was to stimulate foreign direct investment and the investment attractiveness of the country, as well as to create jobs and export-oriented IT products. The goal of ECOS was to create preferential economic conditions and tax exemptions, which made it possible to provide customers with even more favorable mining conditions (no one else in the world has such conditions).
With the growth in the number of equipment and attracted users, ECOS opened offices in Yerevan and Moscow. And in January 2020, we entered into a partnership agreement with the Russian concern Rosenergoatom on the placement of mining equipment on the territory of the Kalinin NPP in Udomlya. However, the expansion of the company did not end there.
Having expanded the geography of our presence, we decided to expand the list of services provided, and in 2021, a wallet, an exchanger and crypto portfolios were added to cloud mining. Also, for the convenience of old users and attracting new ones, we launched our own mobile application, available in the App Store and Google Play. Over a hundred thousand people have already downloaded it in one year.
And what other results have we achieved during this time? Here are some facts:
300,000+ customers worldwide
173+ countries of our customers
5,000,000+ completed transactions
1,000+ giveaways held
2,000+ auctions held
200+ employees worldwide
1st place for Cloud mining in all search engines
5,000+ articles about us
We continue our crypto expansion and hope that you will also join the number of ECOS users, because we are honest, reliable and profitable. Check it out for yourself right now!
If you planned to start mining, you can do it right now! Buy a contract from $100 and check your profit daily in the personal account!
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I've been on quite the journey lately, and I couldn't be more excited to share how my investment strategy has evolved. So, buckle up and let's dive in!
As you may know, I've been heavily involved in the world of cryptocurrencies for some time now. And while I still believe in the potential of digital assets, I've decided to diversify my portfolio to include more precious metals and high dividend stocks. Why? Well, my ultimate goal is to maximize my passive income and become my own central bank, so to speak.
You see, I've come to realize that having a mix of commodities can provide a stable foundation for my wealth while I patiently wait for the crypto market to mature. It's all about positioning myself for long-term success.
Now, let me tell you a little story. When I first dipped my toes into the stock market, I'll admit, I didn't see much return. In fact, in my first year, I only made $11 in dividends. It was a humble beginning, to say the least. But fast forward to today, after restarting from scratch just a month ago, and I've already made $5 in dividends without even particularly caring or paying attention. It's incredible how far I've come without even realizing it.
This newfound holistic knowledge gained from my crypto endeavors has truly put me on a new level. I've learned to appreciate the power of dividends and the steady growth they can provide over time. And according to my calculations, if I stick with this plan, I should be able to build a decent-sized value portfolio within the next three years.
So, here's to embracing change, staying patient, and making adjustments along the way. With determination and a solid strategy, I'm confident that the future holds great things for my investment journey.
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How Brands Can Prepare a Winning Metaverse Strategy in 2024
The metaverse is rapidly emerging as the next evolution of the internet, offering brands new opportunities to engage audiences in immersive and interactive ways. As consumers spend more time in metaverse environments like Decentraland, The Sandbox, and Roblox, savvy brands are developing metaverse strategies to meet audiences where they are most active. But what exactly is the metaverse, and how can brands capitalize on these new virtual worlds? Here we break down the strategic opportunities for brands in the metaverse and provide proven advice for developing an effective metaverse strategy. An Introduction to the Metaverse Trend The term “metaverse” refers to persistent 3D virtual worlds where users can explore digital landscapes, interact with each other through avatars, and participate in experiences spanning gaming, social media, entertainment and more. While still in early stages, the meta-verse aims to integrate multiple aspects of online life into interconnected virtual spaces. Major tech companies like Meta (formerly Facebook), Microsoft, and Epic Games are investing billions into building open, interoperable metaverse platforms. Consumer brands want in on the action too. Research shows 71% of consumers are interested in exploring brand interactions in the metaverse. (Source) For brands, the metaverse unlocks new channels for engaging audiences with immersive storytelling, branded virtual events, digital products, and experiential marketing. Just as brands migrated to social media and ecommerce years ago, early brand activation in the metaverse can help secure mindshare with future consumers. Overview of Major Metaverse Platforms and Audiences While there is no singular “metaverse” yet, several platforms show promise in attracting brands and users: - Decentraland - Browser-based virtual world where users buy digital real estate and create experiences. Attracts crypto enthusiasts. - The Sandbox - Gaming-focused meta-verse with a voxel art style. Popular with gamers. - Roblox - Massive gaming platform with 43 million daily users. Popular with under 13 crowd. (Source) - Meta Horizon Worlds - Social VR playground still in beta. Will integrate with Facebook, Instagram and other Meta apps. The metaverse demographic skews young and tech savvy for now. However, as VR devices improve and platforms evolve, mass consumer adoption is expected within 5-10 years. Brands evaluating meta-verse platforms should consider factors like audience reach, creation tools, commercial opportunities, and technical requirements. Selecting platforms aligned to brand goals and target users is key. Key Opportunities for Brands in the Metaverse Brands are just starting to explore how virtual worlds can drive business value. Early experimentation has revealed some of the most promising opportunities: Immersive Experiences and Virtual Events Virtual spaces allow brands to create events and experiences that go beyond what’s possible physically. For example, in Decentraland, Gucci developed a virtual garden that changes with the seasons. Nike acquired virtual sneakers company RTFKT and is creating gamified worlds to launch digital sneakers. Such experiences foster deeper engagement with brands. The metaverse also enables new event formats like virtual product launches, hybrid digital/physical concerts, VR tradeshows, and exclusive gatherings for loyalty program members. Expect more brands to host interactive virtual events as an alternative or complement to in-person experiences. New Marketing Opportunities with NFTs and Virtual Products Non-fungible tokens (NFTs) and virtual goods offer brands new ways to engage audiences. From collectible digital sneakers to fashion pieces for avatars, virtual products present monetization potential. For example, Dolce and Gabbana created a nine-piece NFT collection that sold for $6 million (Source). CPG brands could offer limited edition digital mascotcharacters or virtual food products for avatars. As users personalize digital identities, branded virtual goods can show affiliation. Integrating Real World and Virtual Experiences Linking real world and virtual activations can merge physical and digital engagement. For instance, Coca-Cola launched their virtual Music Hall in Fortnite, displaying artist profiles of physical musicians playing concerts in real life (Source). Fashion label Clinique offered virtual makeovers in Decentraland using products from physical stores (Source). Such initiatives build consistent brand experiences across channels. Real world rewards or access can drive participation in virtual events, while digital extensions give physical touchpoints longer shelf life. Omnichannel strategies will be key in the metaverse. Developing a Winning Metaverse Strategy While the metaverse presents intriguing potential for brands, it requires careful planning and strategic investment to generate real value. Follow these best practices when developing your meta-verse activities: Select the Right Platforms and Audiences As outlined earlier, top metaverse platforms attract different users today. Decentraland skews crypto/investor profiles, The Sandbox gaming enthusiasts, Roblox kids. Not all brands belong in all worlds. Prioritize 1-2 platforms where your audience is active and your brand resonates. Set Goals and Success Metrics Have a clear vision of what you want to achieve in the meta-verse. Potential goals include brand awareness, engagement, community building, lead generation, and sales of virtual goods. Define metrics to track performance for optimization. Measure beyond vanity metrics like visitors or impressions to conversion actions. Budget and Resourcing Considerations The metaverse demands new design skills and technology investments that traditional agencies may lack. Brands need 3D designers, gaming developers, VR experts and blockchain technologists on their rosters. Plan for a 6-12 month ramp up to find the right partners and build internal capabilities. Metaverse initiatives can cost from tens of thousands to millions based on complexity. Start with small tests before committing major spends until you validate your strategy. Invest early while costs are lower to gain first mover advantage. Executing and Measuring Your Metaverse Strategy An adaptable approach is key to metaverse success. Follow agile principles of launching small tests, analyzing data, learning and improving: Start with Pilots and Experiments Given the nascency of the meta-verse, brands should embrace a “test and learn” mindset. Start with low risk initiatives like designing branded wearables for avatars or creating a simple branded space. Measure adoption and feedback before investing in larger domains or experiences. Analyze Performance Data and User Feedback Collect data and observe how users interact with your brand in the metaverse. Are they spending meaningful time exploring? Sharing socially? Buying branded virtual goods? Feedback surveys can also reveal what resonates. Optimize and Evolve Your Strategy Use insights uncovered from tests to refine your strategy over successive iterations. Expand on elements that work well and course correct those that fall flat. The metaverse rewards persistent brands who iterate to meet evolving user needs. Metaverse Strategy Examples from Early Brand Activators While still early days, some influential brands offer inspiration: - Nike – Acquired RTFKT to create virtual sneakers for the meta-verse. Also opened Nikeland in Roblox to showcase products in an interactive world (Source). - Gucci – Created the Gucci Garden space in Roblox for customers to interact with limited edition digital designs (Source). - Adidas – Bought virtual real estate in The Sandbox metaverse to engage gamers and build branded experiences (Source). - Wendy’s – Launched a virtual restaurant in Horizon Worlds with food deliveries to avatars and conversations with Wendy’s characters (Source). These early brand activators provide models for thoughtful meta-verse worldbuilding that aligns to their respective brand purposes. The Future of Brands in the Metaverse While still nascent today, the metaverse promises to become a ubiquitous platform touching all parts of society in the future. Just as the internet reshaped business models, the metaverse will drive changes in consumer behavior and engagement. Brands that embrace the meta-verse early have an opportunity to shape its evolution and cement strong positioning before mass adoption. As virtual worlds become more immersive and interconnected, the gap between digital and physical brand experiences will narrow – they will simply become different facets of a holistic brand universe. The metaverse mandate for marketing leaders is clear: start testing and learning in virtual worlds now so you’re ready to fully engage the next generation of consumers in the decades to come. Brands that lag risk fading into irrelevance. The time to define your brand’s meta-verse strategy is now. Final Verdict: Prioritize Long-Term Vision Over Short-Term Hype While the metaverse holds exciting potential as the next evolution of digital experiences, some brands may still be tempted to write it off as mere hype. However, those who look past the buzzwords and fads can unlock real opportunities to forge deeper engagement with future generations of digital-native consumers. Leading brands are approaching the meta-verse as a long-term investment in their brand futures. By taking small steps today and building capabilities ahead of mass adoption, they are positioning themselves to flourish as virtual worlds become mainstream. However, the metaverse requires patience and commitment to see returns. Jumping in without clear objectives or half-hearted initiatives will yield little. Brands must filter hype from genuine possibilities and act decisively on the latter. With prudent strategy, brands who embrace the metaverse today will be ready to reap rewards in the decades ahead. Just as early adopters of past platforms like mobile and social media gained advantage, forward-thinking brands have much to gain by charting their meta-verse course now and optimizing along the journey. The virtual worlds of tomorrow beckon - it's time to answer the call. Read the full article
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