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Karen Wade

What's in millennials' wallets? Fewer credit cards - Los Angeles Times - 0 views

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    With Millennials spending more like the Depression Era generations than their parents (or even grandparents), it reminds us that cycles have to be factored in when considering the future.
Ruth Cuadra

Places in the Making: MIT Report Highlights the 'Virtuous Cycle of Placemaking' - 0 views

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    The paper, Places in the Making, casts aside the idea of the monolithic expert, and argues clearly and cohesively for the importance of Placemaking as a vital part of community-building, rather than a fuzzy "extra."
Elizabeth Merritt

The NFT Ecosystem Is a Complete Disaster - 0 views

  • Vignesh Sundaresan, a collector known as “MetaKovan” who purchased the $69 million Beeple NFT that touched off one of the earliest hype cycles around the digital assets. MetaKovan is the financier of Metapurse, a Singapore-based investment firm that earlier this year listed its mission as to "democratize access and ownership to artwork." Metapurse has bought 20 Beeple NFTs, four virtual museums, a soundtrack, and consolidated it all into an "NFT bundle" that offers fractionalized ownership through 10 million B20 tokens. Beeple, as it turns out, happens to be a business partner of MetaKovan and owns 2 percent of all B20 tokens, while MetaKovan owns another 59 percent.
  • a landmark October study published in Nature analyzing 6.1 million trades encompassing 4.7 million NFTs since 2017: the top ten percent of traders account for nearly 90 percent of all transactions, this group trades 97 percent of all NFTs at least once, and the greatest predictor of any NFT’s value isn’t its appearance but its previous price points.
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