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Africa is quickly becoming one of the business world’s most supercharged areas, with a burgeoning startup scene, expansive infrastructure projects, and capital pouring in from across the world. In this series, Quicktake Originals takes an in-depth look at the domestic and international projects that are shaping modern Africa, and their implications for the global economy.
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The Rise of the LinkedIn B2B Influencer
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Unlocking the Value in NFTs
Ja Rule Joins Celebrity NFT Ranks With HBCU Donation
What gives nonfungible tokens their value and how do they work in practice?
Nonfungible tokens aren’t just pictures of monkeys.
Victoria Vergolina
At the height of NFT mania, everyone from athletes like Tom Brady to celebs like Justin Beiber seemed to be buying (or talking about) collections like Bored Ape Yacht Club. Nonfungible tokens aren’t just pictures of monkeys, though — they exist on the blockchain, and buying or selling them typically requires paying in some kind of cryptocurrency, often Ether. While the link between NFT prices and the those of tokens such as Ether or Solana is not always straightforward, it’s true that nonfungible tokens haven’t been entirely spared from the chill of the crypto winter. For more on NFTs, and how and whether they’re holding up these days, Bloomberg reporter Prarthana Prakash joins this episode.
Omny Studio: The NFT Hype – Bloomberg Crypto
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