Nonfungible tokens (NFT) may be disrupting the trillion-dollar fashion industry, but NFTs are just one piece of a much larger puzzle that is revolutionizing this sector. Rather, blockchain technology as a whole continues to be a game-changer for the fashion industry. While blockchain-based supply chains served as some of the earliest use cases of how the technology could help … [Read more...] about Blockchain-enabled digital fashion creates new business models for brands
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Simpin' Ain't Easy: The Business Sense Behind IreneDAO
Simplicity. Integrity. Meaning. Purpose.Apart, these are empty buzzwords. But together, they’re something more: S.I.M.P., an online commandment, and the meme at the heart of a new NFT project called IreneDAO, which has become a case study in how crypto is monetizing a certain kind of obsessive relationship between fans and content creators.This article is excerpted from The … [Read more...] about Simpin' Ain't Easy: The Business Sense Behind IreneDAO
Blockchain and the evolution of business models in the game industry
The first computer games were developed in the late 20th century with the sole purpose of entertaining their audience. One of the first goals was to distract players from their routine work and provide them access to a fantasy world. Very soon, games began to compete for users' time against traditional forms of entertainment, such as movies, circuses, theater performances, … [Read more...] about Blockchain and the evolution of business models in the game industry
PayPal Is Exploring Creating Its Own Stablecoin as Crypto Business Grows
PayPal (PYPL) is looking into launching its own stablecoin as the company grows its crypto business, a company spokesman confirmed to CoinDesk on Friday. Sources told CoinDesk in September that PayPal subsidiary Curv was actively working on developing a stablecoin.“We are exploring a stablecoin; if and when we seek to move forward, we will of course, work closely with relevant … [Read more...] about PayPal Is Exploring Creating Its Own Stablecoin as Crypto Business Grows
Blockchain enables enterprise business models in the Metaverse
Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum to conduct business. Fast forward to 2021 — … [Read more...] about Blockchain enables enterprise business models in the Metaverse