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NFTs Explained: What They Are, Why Rock Stars Are Using Them, And Why They're Selling For Millions Of Dollars

A couple of days ago, the musician Grimes sold some animations she made with her brother Mac on a website called Nifty Gateway. Some were one-offs, while others were limited editions of a few hundred – and all were snapped up in about 20 minutes, with total takings of more than US$6 million. Despite the steep price tag, anybody can watch or (with a simple right-click) save a copy of the videos, which show a cherub ascending over Mars, Earth, and imaginary landscapes. Rather than a copy of the files themselves, the eager buyers received a special kind of tradable certificate called a “non-fungible token” or NFT. But

What are non-fungible tokens (NFTs) - and why are they selling for millions?

Daily review 05/03/2021

So today I have had: a txt alert 10 min after the local Tsunami Sirens started in my Community, about a half hour after the last quake that put my region in harms way. Excellent work a txt alert once it was deemed safe to return home, gratefully received. a PM begin a PRESS Conference (not a Covid briefing) of all the days happenings detailing some of todays important issues an announcement of the carefully thought out by experts decision to complete the full 7 days lockdown as advertised (some people criticised the shortness of the previous 3 day lockdown) Some people just love a good cheese with their half empty WHINE.

UBI experiment success

More evidence that UBIs work The report is back on another Universal Basic Income trial, this time in the USA. And as with the others, it shows that this policy works: After getting $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday.[…] When the program started in February 2019, 28% of the people slated to get the free money had full-time jobs. One year later, 40% of those people had full-time jobs. A control group of people who did not get the money saw a 5 percentage point increase in full-time employment over that same time period.

Open mike 06/03/2021