Open Edition NFTs: New Fad or New Opportunity?

Open Edition NFTs: New Fad or New Opportunity?

Open edition (OE) NFTs have taken the Web3 space by storm. With well-known artists creating their own variations and popular projects like Checks VV emerging, it’s no wonder you might be curious about what an open edition NFT is and why it’s suddenly so popular. Is it simply a fad reserved for prominent creators with a cult-like following? Or is it a huge opportunity that nearly everyone is passing up? Let’s take a further look into the latest buzzword and see what all the hype is about. What Is An Open Edition NFT? An open edition NFT is sold with no supply cap and a set buying period. Another variation is to set no time limit, enabling the NFT to be purchased indefinitely. However, this isn’t as common as scarcity still plays a role in the value of NFTs including open editions. When it comes to creating an OE NFT, there are generally two types of token standards used by creators. Both of which have their own pros and cons. ERC-1155 token standard This standard can support an infinite number of tokens in a single contract, meaning it’s often less expensive to publish to the blockchain as a creator. […]

Ajay Banga And The World Bank: An Opportunity For Transformational Progress On Climate And Poverty

Ajay Banga And The World Bank: An Opportunity For Transformational Progress On Climate And Poverty

This week, President Biden nominated Ajay Banga, the former head of Mastercard, to lead the World Bank. With his vast experience in the private sector, Banga has the potential to bring constructive changes to the organization. If he effectively leverages his skills and expertise, Banga’s leadership could mean transformational reform at the World Bank, which is an urgent necessity in light of the pressing issues of extreme poverty and the climate crisis our world is facing. This is a prime opportunity for change that must be seized without delay, and some leading voices are hopeful that Banga will rise to the occasion. Currently serving as Vice Chair of General Atlantic, Banga previously served as Chairman and CEO of Mastercard. His nomination has been welcomed on both sides of US politics; a rare feat in today’s divided world. While some are questioning Banga’s climate credentials, Lord Nicholas Stern of the London School of Economics has pointed out that, “under his [Banga’s] leadership, Mastercard was a leader in setting targets for net zero and the first such institution to gain approval from the Science-Based Targets initiative.” In the absence of government regulation, adopting a science-based target like this is considered the […]

This New Crypto Hype Could Be A ‘Multi-Billion Dollar’ Opportunity As The Price Of Bitcoin And Ethereum Slide

This New Crypto Hype Could Be A ‘Multi-Billion Dollar’ Opportunity As The Price Of Bitcoin And Ethereum Slide

Bitcoin BTC -1.6% , ethereum and other big-name cryptocurrencies have dropped back from their early 2023 highs this week despite predictions a seismic crypto sentiment shift could be underway . Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price has fallen after the latest inflation data showed prices have remained stubbornly high, pushing back expectations of a Federal Reserve pivot from its program of interest rate hikes and dragging on the ethereum price and other cryptocurrencies. Now, as new bitcoin-based non-fungible tokens (NFTs) called Ordinals trigger a surge of user interest and push up the price of the protocol’s stacks cryptocurrency, researchers have predicted the hype could make it a "multi-billion dollar" token. It’s in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market MORE FROM FORBESIs This The Real ‘Mysterious’ Reason Behind The Sudden $100 Billion Bitcoin, Ethereum And Crypto Price Boom?By Billy Bambrough "Since Ordinals are minted directly onto the [bitcoin] blockchain, they are considered to be ‘digital […]

Export opportunity to Trinidad opens up for Grenadian farmers

Export opportunity to Trinidad opens up for Grenadian farmers

The Ministry of Agriculture in Grenada has announced that a new and exciting opportunity is being presented for Grenadian farmers to export agricultural commodities to Trinidad and Tobago. This is being made possible through discussion and collaboration with Salisha’s Traders BV, an agricultural trading company in Trinidad and Tobago. Salisha’s Traders BV wants to purchase six (6) commodities in the first instance, with the possibility of expanding the number and range of commodities in the future. The initial six commodities required by the company are: – Dasheen – Sweet Potatoes – Mangoes – Green Bananas – Plantains – Ginger Farmers who are interested in supplying these commodities to Salisha’s Traders BV are encouraged to register their interest with the Ministry of Agriculture as soon as possible. They can do so by contacting the Ministry via the following: – Telephone No(s) – 440-2708 – Email addresses: agriculture@gov.gd and prunit@moa.gov.gd – Social Media: https://linktr.ee/moa_grenada – Eastern Agricultural District – 442-7249 – Western Agricultural District – 444-9049 – Northern Agricultural District – 442-9316 – Southern Agricultural District – 440-4862 The Ministry of Agriculture will schedule a consultation in the coming days to provide interested farmers with more detailed information on this potentially […]

Ford extends F-150 production halt

Ford extends F-150 production halt

Wyoming moves to ban sales of new electric vehicles by 2035 00:00 00:0005:45GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay The Ford Motor Co. will extend its production halt for the F-150 Lightning at its plant in Louisville, Ky. until Mar. 6. On Friday, Ford spokesperson Emma Bergg told FOX Business: "The teams worked quickly to identify the root cause of the issue and agree with Ford’s battery supplier SK’s recommended changes in their equipment and processes for cell production lines." FORD CONFIRMS BATTERY FIRE CAUSED F-150 LIGHTNING PRODUCTION STOPPAGE Ford F-150 Lightning pickup trucks are shown at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Mich. The F-150 Lightning is positioned to be the first full-size all-electric pickup truck to go on sale in the mainstream U.S. mar "SK has started building battery cells again in Commerce, Ga., but it will take SK time to ensure they are back to building high-quality cells and to deliver them to the Lightning production line," she added. "Ford’s Rouge Electric Vehicle Center will suspend production through the end of next week." SK Battery America is the first electric vehicle battery factory in the U.S. for South Korea’s […]

Sources: NASCAR closes on sale of land at Auto Club Speedway site

Sources: NASCAR closes on sale of land at Auto Club Speedway site

NASCAR has closed on a major real-estate sale of dozens of acres of land on the site of Auto Club Speedway, according to sources and public documents seen by SBJ, part of the reason that this weekend’s racing action will be the last on the track’s current two-mile configuration as the site is destined for redevelopment. The identity of the purchaser is unclear, as a deed filed to San Bernardino County, Calif., this month indicated that NASCAR, through its California Speedway Corp. subsidiary, had closed a sale for land to an entity named Speedway SBC Development LLC, whose registration info ties back to real estate developer Hillwood, a business partner of NASCAR. SBJ revealed in March 2020 that NASCAR was working with the Dallas-based company, owned by Ross Perot Jr., to sell off parts of its vast properties, as it sought to find new revenue streams and better utilize the huge amount of acreage it owns across the country. The sale price was not immediately able to be confirmed, but the documents show that a transfer tax payment of $598,064 was made as part of the agreement, which through California’s real estate conversion rate suggests that NASCAR sold the […]

Sono Motors has killed off its Sion EV in a pivot to solar tech business

Sono Motors has killed off its Sion EV in a pivot to solar tech business

Sono Motors is ending its long-awaited electric car program and instead pivoting to a business that aims to sell its solar vehicle technology to other companies. The German-based company, which went public in November 2022 , announced Friday it is laying off 300 employees as a result of the change in business model. COO Thomas Hausch is also leaving his position. The shift appears to be driven by a one-two punch of a high-cost EV program coupled with quickly depleting capital. Sono Motors has been plagued by financial issues for years, at one point nearly shutting down altogether until it appealed to and received support from individuals through a crowdfunding campaign. The Sion EV program, while the original centerpiece of the company, has been a consistent drag on its budget. The company said an estimated 90% of its funding needs for 2023 were dedicated to the Sion EV , a $25,000 five-seater hatchback that was supposed to go into production later this year. Sono Motors will now turn its attention to selling a technology that it developed for its Sion EV : solar embedded into the vehicle. The company’s business will retrofit and integrate its solar technology, which includes […]

Average business line of credit rates

Average business line of credit rates

A business line of credit can have an APR that ranges from 8 percent all the way up to 60 percent or higher. And since lenders aren’t required to display their rates, it’s not possible to pinpoint an average business line of credit rate. What is known is that the best business lines of credit offer the lowest rates to established small business owners with good-to-excellent credit. If you’re a business startup or an owner with poor credit, you’ll have to deal with higher interest rates and fees. You’ll also have to shop around more carefully to get the most affordable line of credit. Here’s a look at some of the current business line of credit rates and some tips to help you find the right line of credit for your business. Top Banking Accounts for February 24, 2023 Fed rate hike incoming Find out what to expect and the effect it’ll have on interest rates ​ here ​. Thousands of rates checked daily Privacy policy Current business line of credit rates As with any type of financing, terms and interest rates on business lines of credit may vary between lenders and change based on market conditions. Here are […]

Two MFP Leaders Draw Awards for Business, Journalism Leadership

Two MFP Leaders Draw Awards for Business, Journalism Leadership

In February 2023, Mississippi Business Journal named Mississippi Free Press co-founder, Publisher and Chief Revenue Officer Kimberly Griffin as one of the top 10 businesswomen in Mississippi. Editor & Publisher magazine also named News Editor Ashton Pittman one of its “25 under 35” journalists in the country. Photo Mississippi Free Press The Mississippi Free Press continued to add to its ever-growing list of awards this month, with two members of our team chosen for highly distinguished honors in the state and nationally. Kimberly Griffin, MFP’s co-founder, publisher and chief revenue officer, was named to the 2023 cohort of the Mississippi Business Journal’s annual 50 Distinguished Leading Business Women. The Mississippi Business Journal, a statewide publication, annually recognizes 50 women business leaders in the state. Kimberly was further honored when, at the luncheon honoring these women, she was named a top 10 finalist to Business Woman of the Year for Mississippi. Kimberly is no stranger to this kind of acclaim. Last year the Institute for Nonprofit News recognized her as the Emerging Nonprofit Leader of the Year , and in 2021 she, along with co-founder Donna Ladd, accepted the INN’s Start-up of the Year award for the Mississippi Free Press, […]

Verizon introduces $39 a month Fios Business Internet Plan for Boston Small Business Owners

Verizon introduces $39 a month Fios Business Internet Plan for Boston Small Business Owners

NEW YORK, N.Y. – To make it easier than ever for small business owners in the Boston area to access high-speed internet access, Verizon Business announces its newest data plan, which will be introduced in Boston, starting today. Local small business owners in select zip codes can sign up for 50 Mbps Verizon Fios service for the monthly cost of $39 with AutoPay and paper-free billing. Fast internet has become a priority for small businesses. In fact, according to the Verizon State of Small Business Survey , 51% of small business respondents have added or upgraded their internet connection in the past year to accommodate high-capacity activities. The Verizon Fios 100% fiber-optic network provides small businesses with the reliability they need to achieve business objectives. “Reliable speed and connectivity is not just critical for large enterprises but for businesses of all sizes,” said Michael Caralis, Vice President at Verizon Business. “This offer makes it easier than ever for Boston small businesses to realize the benefits of Fios at our lowest standard price point.” The 50 Mbps/$39 per month offer is available to new Verizon Business customers, existing Verizon Business voice broadband completers and Basic Internet customers. AutoPay and paper-free […]