I created a collection on Ravencoin of NFT's to learn more about how to do it. I was speaking a lot about assets and tokenising stuff and had never minted a collection so basically had no room to talk other than on a technical basis. Loving the different people I have met while starting this…
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Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear the hawkish Federal Reserve will tighten markets too fast after the […]
The global digital entertainment industry has shown phenomenal growth over the past few years raising the bar of entertainment creation and consumption like never before. Asia’s largest publisher and music label, T-Series has announced a partnership with one of the largest digital entertainment company in South Asia, Hungama Digital Media to enter into the world of Web3, NFTs and Metaverse. It intends to capture the likes of the growing landscape of the digital economy and virtual world. The collaboration between the industry leaders will cause a paradigm shift in Asia’s entertainment sector as they work towards becoming valuable pillars in the NFT-metaverse ecosystem. The partnership aligns with Hungama’s vision to curate a perfect union of tech innovation to entertain and engage users worldwide, alongside T-series, to redefine how digital content is created, owned, and explored. The Metaverse and NFT space have exploded recently with the latest marketing strategies among premier brands across various industrial sectors. The new wave driving across the cryptoverse has witnessed more renowned companies delve into the NFTs. With a crucial metaverse move launching exclusive NFT collections, T-series and Hungama Digital Media are poised to bridge the gap between the crypto world and digital entertainment. Leveraging Polygon Studios and their industry expertise, the leading NFT and gaming arm, Hefty Entertainment will spearhead a Web 3.0 initiative by Hungama, for the global digital entertainment sector to witness an unparalleled dimension of entertaining creations. In an exclusive interview, Bhushan Kumar, Chairman & Managing Director – T-Series commented, “We’re delighted to extend our alliance with Hungama, spanning two decades, and enable our community with access to the Metaverse. Having set the ball rolling, we look forward to expanding and enhancing the value of our content that leads to a further and rapid expansion of the global digital entertainment industry. Unlocking Special Moments and Enhancing Experiences T-series in association with Hefty entertainment is paving a creative path that will bring millions of individuals from across the globe to a potential blockchain-based entertainment metaverse. T-series and Hungama will leverage their extensive global distribution network and expertise with a catalogue of incredible content spanning 2,00,000 songs, 65,000 music videos and 150+ films across Indian languages to spread across the ever-expanding digital landscape. “We are delighted to extend our long-standing partnership with T-Series and establish ourselves as first-movers into the Metaverse of entertainment. We look forward to redefining content consumption with this Web 3.0 initiative as we find new ways to collaborate and engage with fans. Our partnership with T-Series has strengthened with time. We’re very excited to hold hands with them to enter the metaverse.” Neeraj Roy, Founder – Hungama, shared. Hungama remains one of the digital media entertainment giants in South Asia serving more than 90 million monthly active users across music, gaming, and videos in the entertainment space. As collaborative efforts with T-series which has the world’s largest user base with 350 users and a massive following on different social media platforms. Incentivized Marketplace to Fuel Digital Entertainment in the Metaverse Backed by Hungama & Polygon, Hefty Entertainment is positioned to launch its incentivized NFT marketplace. The marketplace will primarily be focused on building an innovative layout in the growing NFTverse. The project will present captivating features to expand its marketplace and provide an exceptional experience for users in the global entertainment sector. Hefty entertainment will bring millions of people to the blockchain and crypto industry through dynamic NFTs, advanced utilities, unique functionalities, intuitive user experience and top-notch quality services in its metaverse ecosystem.
El Salvador President Nayib Bukele announced that the Central American country purchased 410 more Bitcoins in a recent market dip. The announcement came days after his administration revealed its intentions to invest significant funds into cryptocurrency mining operations. Amid market drop, El Salvador purchases 410 more bitcoins. President Bukele says the nation now has over 1,800 BTC and plans to issue a $1 billion 10-year bitcoin bond this year. El Salvador is the first country to adopt bitcoin as legal tender, and we have seen great results so far. The country’s central bank reported that it had bought at least 1,391 Bitcoin before the Friday dip. El Salvador has a new plan to make it the crypto-mining capital of Central America. With plans for an entire city focused on cryptocurrencies and tax breaks available only if you’re born there or invest money into blockchain projects, this country is quickly becoming one worth keeping your eye upon. Salvadoran President Bukele believes that if bitcoin becomes an integral part of their country’s economy, it would be curtains for FIAT. Bukele’s Tweets On Buying 410 Bitcoins Bukele’s first tweet was on Jan 14, 2022, “I think I might have missed the dip this time.” In reply to that tweet, Bukele added, “Nope, I was wrong, didn’t miss it.” He also added, “El Salvador just bought 410 #bitcoin for only 15 million dollars.” The tweet quickly became an online sensation and gathered over 20,000 likes in just one hour. Additionally, EI Salvador president Bukele mentioned in his tweet, “Some guys are selling really cheap.” Was It Worthy Adopting Bitcoin As National Currency? Bukele’s decision to make El Salvador the first Latin American country with a legal cryptocurrency sparked substantial controversy. The implementation of bitcoin as a national currency has been met by violent resistance from citizens. People believe that it will only benefit large investors rather than everyday people. The El Salvador national debt is at an all-time high, with over 50% of the GDP in July. As a result, Moody’s has downgraded their credit rating to Caa1. This marks precarious investment opportunities. People choose not to invest in the country because they want peace of mind regarding currency stability and risk mitigation against unexpected events. A recent report shows that El Salvador is seeking help to the tune of $1.3 billion from The International Monetary Fund. The country asked for help after adopting Bitcoin into its legal tender system. However, IMF already warned the Government not to adopt Bitcoin as a currency. Featured image from Pixabay, chart from TradingView.com
What is your favourite tokenised project on Ravencoin and if you have a unique asset, or NFT, what is it? Let us know! submitted by /u/LSJI07 [link] [comments]
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2021 was an eventful year for the German crypto industry. Cointelegraph takes a look at the most important developments of the past year in a review.
