The emerging NFT sector has particularities that make it likely to become the next mega luxury segment. Given this, storytelling is the name of the game. When you ask someone what a typical aspect of luxury is, the one word answer is often “expensive.” This is because luxury items are usually among those with the highest price points in a category. However, while price is not a defining facto...

Blockchain is already building trusted digital environments, and one day, it will underpin Web3 and the Metaverse. Don’t get left behind.In short: Blockchain enables two or more people, businesses or computers that may or may not know each other to exchange value in digital environments — in a monetary transaction, information or other exchange of assets — without an intermediary.Blockchains...

PassiveLogic, a Salt Lake City, UT-based maker of an autonomous building platform, raised $15m in funding.Brookfield Growth, the growth technology investment arm of Brookfield, provided the funding.The capital will support the development of an autonomous buildings platform that can be used to retrofit buildings of all shapes and sizes.Led by Troy Harvey, CEO, and Jeremy Fillingim, CTO, Passive...

This Markets in a Minute from New York Life Investments shows the trajectory of money supply and inflation, taking a historical look at their relationship since the Industrial Revolution.Defining Money Supply and InflationTo start, here is a brief overview of money supply and inflation:Broad money supply: measures the amount of money circulating in the U.S. financial system, including assets th...

Cyclotech and Yamato Holdings have put together a fascinating cargo-carrying concept drone using cyclic propulsion systems.Innovative vertical propulsion company Cyclotech has partnered with Yamato, one of Japan's largest delivery companies, to produce a concept for a very unique-looking mid-capacity delivery drone using Cyclotech's thrust-vectoring propulsion system.This crazy-looking aircraft...

In 2022, US meal-kit subscription services will deliver $7.63 billion in digital sales to make up 22.8% of the country’s subscription ecommerce sales. The meal-kit subscription market has seen slowing growth since mushrooming by 85.0% in 2020, though its 17.0% increase this year is healthy nonetheless.Beyond the chart: Close to half of US meal-kit subscription ecommerce sales will come from...

There seems to be a trend and a desire these days for products that do more than one thing, especially when it comes to tech gadgets. While minimalist design still informs the external appearance of some products, designers have become a bit craftier in hiding multiple functionalities from view. There are cases when more than one or two features unnecessarily increase the complexity of a produc...

Apple's granted patent generally relates to Apple Watch detecting a user's motion and gesture input to provide commands to the device or to other devices.In particular, Apple Watch can use one or more sensors to determine a user's motion and gesture input based on movements of the user's hand, arm, wrist, and fingers. One or more optical sensors, inertial sensors, mechanical contact sensors, an...

The metaverse is one of the hottest buzzwords in tech, and this far-reaching vision of a next-gen internet will rely upon an entire ecosystem of companies to make it a reality. We cut through the noise to explain what the metaverse is, how it's being built, and who's building it.The business world is obsessed with “the metaverse”: the idea of shared worlds driven by virtual products and digit...