Spotify is a Swedish audio streaming and media services provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is the world’s largest music streaming service provider, with over 381 million monthly active users, including 172 million paying subscribers, as of September 2021. Spotify has $7.7 billion worth of assets with a net income of -$658 million in 2021.
NFT stands for “non-fungible token,” which is a type of digital certificate built on a blockchain — usually Ethereum — that guarantees ownership of a unique rare digital asset. Minting digital assets (everything from art to music to articles) as an NFT is a way for artists to monetize their work.
Selling digital files isn’t new…But one of the more innovative uses for NFTs is the ability to guarantee yourself as the original creator. Because NFTs are recorded on a blockchain, the creator of the NFT is recorded in the public ledger. Therefore, you can set a fee for whenever that digital asset is sold in the future (known in the business world as a royalty) and earn passive income over time if your work is sold on the secondary market.
The world and internet continue to change as we transition into Web 3 and the Metaverse. We have written up a quick cheat code to help give knowledge and navigate thru the Metaverse, virtual worlds and how to possibly earn extra money online thru investing and designing.
Metaverse:a virtual-reality space in which users can interact with a computer-generated environment and other users.
Virtual Society
ESG Investing
Design Thinking
Web 3.0
Decentralized Autonomous Organizations
Virtual Society
What is a Virtual Society?
Social networking services are the most prominent type of virtual community. They are either a website or software platform that focuses on creating and maintaining relationships. Facebook, Twitter, Snapchat and Myspace are all virtual communities. Virtual communities are characterized by anonymity, addictive behavior, and voluntary behavior. Sense of belonging is treated as a crucial feature for participation in virtual communities. Virtual communities are social aggregations that emerge from the Net when enough people carry on those public discussions long enough, with sufficient human feeling, to form webs of personal relationships in cyberspace. … They will be communities not of common location, but of common interest. A virtual world (also called a virtual space) is a computer-simulated environment which may be populated by many users who can create a personal avatar, and simultaneously and independently explore the virtual world, participate in its activities and communicate with others.
On October 31, 2008, an obscure whitepaper was published outlining a digital currency that would operate in a fully decentralized, trustless manner allowing users to send and receive monetary value. The pseudonymous author (or authors) of the whitepaper, Satoshi Nakamoto, called the revolutionary digital currency ✨Bitcoin✨
Over the past 13 years, Bitcoin has grown into a global phenomenon ushering in a new wave of innovation across industries. It has inspired thousands of projects founded on blockchain technology, creating a dynamic community of developers, founders, investors, and users.