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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (169874)3/24/2021 5:50:57 PM
From: TobagoJack1 Recommendation

Recommended By
Sun Tzu

  Respond to of 217592
 
Layer #2 company

zerohedge.com

Playboy Shares Go Full Mast, Then Limp, On Non-Fungible Token TeasePlayboy shares sprung higher on Wednesday after the company said it plans to leverage its artwork and its photography collection in the non-fungible token space.

Shares were up as much as 17% before paring back alongside the broader market during mid-week trading. The company announced its plans during its conference call on Tuesday, according to Bloomberg, who noted that both Roth and Sidoti raised their price targets on the NFT angle.

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Chief Brand Office Rachel Webber commented: “We are sitting on almost 70 years of the most incredible and iconic art and photography. We are actively working on our non- fungible tokens or NFT, and digital collectible strategy to enter the space in a thoughtful way, designed for long-term growth.”

Playboy Model Tahlia Paris wants to talk to you about blockchainRoth raised its price target to $26 from $18 and Sidoti raised its target to $22 from $19. Roth analyst George Kelly says there's "tremendous upside" if the company can "unlock" its art and media library value. Sidoti analyst Christine Karout said that NFTs could be a "key catalyst" for the brand into 2021.

We highlighted Playboy's recent go-public transaction through a SPAC back in September of 2020.

The deal "came" nine years after Hugh Hefner and Rizvi Traverse Management took the company private for $207 million. Hefner died in 2017 and his mansion in LA was divided into parcels of land. His son, Cooper, exited the business in 2019.

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The company's CEO, Ben Kohn, said Playboy would stop producing its iconic magazine in March of 2019.

Playboy remains a "media company" and has a website that carries much of the same content as the magazine did. The company now also focuses on Playboy branded products, including sex gels and CBD sprays.



To: Sun Tzu who wrote (169874)3/24/2021 9:27:45 PM
From: TobagoJack1 Recommendation

Recommended By
Sun Tzu

  Read Replies (1) | Respond to of 217592
 
whichever layer ...

zerohedge.com

Meet The One Company That Has The Technology Behind Every Single NFT PlatformBelieve or not, the market for non-fungible tokens has now eclipsed $1 billion.

And the tokens all seem to have one thing in common: the startup Alchemy, based in San Francisco. It was founded in 2017 and transactions using its technology are up 54x to $25 billion worth of "Ethereum projects such as decentralized finance startups and NFT platforms," according to Bloomberg.

Alchemy opened itself to general customers in August after only serving private customers in the 3 years since its founding. The platform allows people to connect to the Ethereum blockchain, a key part of reading and writing NFT transactions.

The firm's first customer, Matt Hall, creator of CryptoPunks, has now watched $130 million of the 10,000 unique collectible characters with proof of ownership change hands. The most expensive recently changed hands for $7.6 million, Bloomberg notes.

Hall said: “Once we read about Ethereum, we thought, ‘oh, this might be how we can do that.’ When we first made it we didn’t know what it was either, it was just cool. What’s weird is how rapidly people have gotten turned on to it.”

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Three years ago, Alchemy co-founders Nikil Viswanathan and Joe Lau thought they were just getting started on a side project. Now, Alchemy is the technology behind every single NFT platform. “I was like, ‘oh, cool, a side project,’” Viswanathan commented.

The pair met each other at Stanford where they both worked as TAs for a database class.

Alchemy drives transactions behind Makersplace, OpenSea, Nifty Gateway, SuperRare and Cryptokitties. It was also behind the recent $69 million sale of an NFT by Christie's. Its investors include names like Charles Schwab, Will Smith and Jay-Z.

Viswanathan made the case for digital NFTs, stating: “Digital actually lets you showcase your possessions and your luxury goods better than in the real world. It made a lot of sense for people to own things digitally.”

“If we were to turn off, all these products wouldn’t work,” Viswanathan concluded.



To: Sun Tzu who wrote (169874)3/25/2021 10:16:23 PM
From: TobagoJack  Read Replies (1) | Respond to of 217592
 
had the ideas of "sharding" explained to me this morning re why Casper is better than Ethereum

coinlist.co



Basically as each block in blockchain comes into being, it it carrying its entire set of transactions and attendant documents around the internet in an ever more unwieldy train of data, looking like a growing snake, and much of it is not necessary for future transactions unless and until called for, so, as the explainers were, like me, on-line gaming enthusiasts, they explained that by sharding, they mean the excess baggage is dropped, secured, and the trimmed down snake / combatant slithers away in the net not bogged down, and should whatever be called as necessary, the snake / combatant, in distributed fashion, knows where to pick up the excess baggage for whatever transaction going forward, and drop pack again once done.

Of course Casper supposedly does sharding in ways impossible for Ethereum, and is designed from the ground up to be future-proof w/ this one of several aspect as important

I have not a clue to judge, except to know there is one issue education.district0x.io called sharding

IOW Ethereum is put-a-fork-in-it toast, am told, per the disruptor / first-mover having gone the wrong way, shall be hunted down and stilled.