In the past few years, the leaps being made in our entire global economic system are quicker and larger than ever. Not many economists or tech experts can answer with confidence how they envision the economy 20 years from today. As new technologies are prevailing, new horizons are being tapped, and new industries are being shaped that we never thought of until recently.
Being able to forecast these changes will be the most critical factor in your decision to pursue a certain career or invest in one industry or the other. That's why we thought we should imagine together which way the ship is sailing.
...
https://www.youtube.com/watch?v=lyZAb-Iz0jw
Hi guys, welcome to my channel so before we get started make sure to hit that like button also subscribe to my channel. What is NFT?. So make sure to Watch the full video.
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, replaced, or split, recorded on the blockchain, and used to certify authenticity and ownership.[1] Ownership of an NFT is recorded on the blockchain and can be transferred by the holder, allowing the NFT to be sold and trafficked. NFTs can be created by anyone and require little or no coding skills to create them.[2] NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ from cryptocurrencies, which are compaitable.
Proponents of NFTs argue that NFTs provide a public certificate of authenticity or proof of ownership, but the legal rights conveyed by NFTs can be uncertain. Ownership of an NFT, as defined by blockchain, has no inherent legal meaning and does not necessarily guarantee copyright, intellectual property rights, or other legal rights to the associated digital file. The NFT does not restrict the sharing or copying of the associated digital file and does not prevent the creation of NFTs that reference identical files.
How do NFTs work?
Now that you have taken the first steps in understanding what an NFT is, you should go ahead and learn how an NFT works.
Most NFTs occupy the Ethereum cryptocurrency blockchain, a give-out public ledger that records transactions.
NFTs are individual tokens with treasures of information stored within them.
Because their value is primarily determined by market and demand, they can be bought and sold just like other physical forms of art.
The unique data of NFTs makes it easy to verify and verify their ownership and transfer tokens between owners.
What is NFT used for?
People interested in cryptocurrency trading and people who like to collect works of art often use NFTs. In addition, it also has some other uses such as:
Digital Content – The most notable use of NFTs today is in digital content. Content creators see their profits increase with NFTs as they fuel a creator economy where creators have ownership of their content on the platforms they use to promote it.
Game Items – NFTs have gained considerable interest from game developers. NFTs can provide many benefits to players. Normally you can purchase items for your character in an online game, but that's about it. With NFTs, you can get your money back by selling the items once you're done with them.
Investment and Collateral – Both NFT and Defi (decentralized finance) share the same infrastructure. Defi application allows you to take money using collateral. NFTs and Defi are working together to explore the use of NFTs as collateral.
Domain Names – NFTs give your domain an easier-to-remember name. It works like a website's domain name, making its IP address more memorable and valuable, usually based on length and relevance.
Even celebrities like Snoop Dogg, Shawn Mendes, and Jack Dorsey are interested in NFTs by releasing unique memorabilia and artwork and selling them as securitized NFTs.
Why are NFTs becoming popular?
NFTs have actually been around since 2015, but are now experiencing a surge in popularity due to several factors. The first, and perhaps most obvious, is the normalization and excitement around cryptocurrencies and underlying blockchain frameworks. Behind the technology, itself is a combination of fandom, royalty economics, and the laws of scarcity. All consumers want the opportunity to own unique digital content and potentially hold it as a type of investment.
When someone buys a non-fungible token, they gain ownership of the content but can still get across the internet. This is how an NFT can gain popularity – the more it is seen online, the more it is worth. When the asset is sold, the original maker gets a 20 percent cut, with the platform getting a small percentage and the current owner getting the rest of that revenue. So there is potential for ongoing income from popular digital assets as they are bought and sold over time.
Genuine is the name of the game with NFTs. Digital collectibles contain distinguishing information that makes them different from any other NFT and are easily verifiable thanks to the blockchain. Creating and distributing fake collectibles doesn't work because each item can be traced back to the original creator or publisher. And unlike cryptocurrencies, they cannot be directly traded between each other (like baseball cards in real life) because no two are the same.
...
https://www.youtube.com/watch?v=6N3L86_eBZE
The first liquid-fueled rocket was developed by Robert H. Goddard in 1926 which turned out to be the progenitor of the Saturn V rocket that launched 43 years later and is still the most powerful rocket ever launched in the world. Rockets need to travel over 25,000-miles-per-hour, or 7-miles per second to reach escape velocity, and they need to have a lot of power to achieve this. But just which rocket engine is the most powerful?
...
https://www.youtube.com/watch?v=4g8tgZ9WCV0
From the moment it was discovered that the macroscopic, classical rules that dictated electricity, magnetism and light didn’t necessarily apply to the subatomic scales, an entirely new view of the Universe became open to mankind. This quantum picture is much larger and all-encompassing than most people understand, including many specialists. Here are ten basics of quantum mechanics that may make you re-examine how you picture our Universe, on the smallest scales and beyond. Check out these cool quantum truths about our Universe
...
https://www.youtube.com/watch?v=S15koaWSsHI
Engineering has reached a level that is absolutely remarkable, and some of the biggest proofs adorn the face of the earth in the form of exceptional buildings, monuments, architectures, etc. Man has been able to transcend height and distance to a great level. One of the major means of reaching the top of tall buildings or even landforms, are the elevators. Let us take a look at some of the most remarkable and tall elevators in the world.
...
https://www.youtube.com/watch?v=TI_be_j1lm0
Billionaire mortgage lender Mat Ishbia has agreed to purchase the majority stake of the Phoenix Suns and the WNBA's Mercury for a record price of $4 billion, Ishbia and current owner Robert Sarver announced on Tuesday.
The deal will end Sarver's tumultuous tenure.
Ishbia is well-known and well-regarded within the league office, including with commissioner Adam Silver, and has developed relationships with a number of NBA owners. He will have to undergo a background check and a vote of approval from the board of governors, but that's expected to be a formality, sources said.
Justin Ishbia, Mat Ishbia's brother and a founding partner in Shore Capital, will make a significant investment and serve as alternate governor.
"I am extremely excited to be the next Governor of the Phoenix Suns and Mercury," Mat Ishbia said in a statement. "Both teams have an incredibly dynamic fan base and I have loved experiencing the energy of the Valley over the last few months."
Ishbia, president and CEO of United Wholesale Mortgage, a Michigan-based company, has been pursuing NBA and NFL teams in recent years and finally landed on a deal to own the Suns. Ishbia was a walk-on for Michigan State and part of the Spartans' 2000 national championship team. He has remained close with Hall of Fame coach Tom Izzo, and he previously made a $32 million donation to the basketball program.
"Basketball is at the core of my life, from my high school days as a player to the honor of playing for Coach Izzo and winning a national title at Michigan State University," Ishbia said in his statement.
The sale will end Sarver's tenure with the Suns, which dates back to 2004, when he led a group to buy the team for a then-record $401 million from Jerry Colangelo.
"Mat is the right leader to build on franchise legacies of winning and community support and shepherd the Suns and Mercury into the next era," Sarver said in his statement.
Two current members of the Suns ownership group told ESPN's Baxter Holmes that they learned of Ishbia's impending purchase Tuesday and that they were surprised by the speed of the process.
One investment banking official familiar with the process told ESPN that an especially motivated buyer -- and one the league is familiar with -- can greatly expedite a sale.
...
https://www.youtube.com/watch?v=9_TEBcjFzmg
The emir of Qatar put a bisht on Argentina captain Messi during the World Cup closing ceremony.
At the World Cup trophy presentation after Argentina’s win over France in the final on Sunday, Lionel Messi was offered a bisht, a traditional Arab cloak, to wear by the emir of Qatar.
Messi allowed Sheikh Tamim bin Hamad Al Thani to place the robe on his shoulders before taking the World Cup trophy from FIFA President Gianni Infantino and lifting it in front of his ecstatic teammates.
What is a bisht?
The bisht is a long cloak made out of light, often sheer, material with trimming made out of real gold that is worn over a white thobe.
Primarily worn in the Gulf, it is a garment that has been worn for centuries during special occasions. It is viewed as a sign of appreciation and respect and is typically worn by top officials such as politicians, sheikhs and other high-status individuals.
What is special about the bisht?
Mustafa Baig, a lecturer in Islamic studies at the University of Exeter, told the dpa news agency that the bisht is a formal robe worn by royalty, dignitaries, grooms on their wedding day, and graduates at graduation ceremonies.
“So only a select few people would actually wear the bisht,” he said. “They basically honoured him [Messi] by putting it over his shoulders. It’s like a mark of honour, and just kind of a cultural welcoming and a cultural acceptance.”
Baig said it is also representative of Qatar’s national dress – but only on important occasions.
“And this is a top occasion. I mean, there’s probably no bigger occasion, so they put it on him as a mark of honour,” he said.
Baig said he saw it as “an embrace by Messi of the local culture”, adding that it was “a pretty cool thing” for Qatar to do and “smart thinking” on their behalf.
What did the organisers say?
Hassan al-Thawadi, secretary-general of Qatar’s World Cup organising committee, said: “It is a dress for an official occasion and worn for celebrations. This was a celebration of Messi.
...
https://www.youtube.com/watch?v=Po19FQoLaXA