• Argo Blockchain’s CEO, Peter Wall, was recently interviewed on the popular YouTube channel, “Meet Kevin.” Wall discussed future projects and non-mining activities for Argo in 2022. Wall also announced that the phase 1 buildout of the Helios Facility is 50% complete. Additional phases are on the horizon, but nothing is concrete yet.
• Facebook creator Mark Zuckerberg has been touting his newest social platform, The Metaverse. The Metaverse is a growing online, 3D, virtual and augmented reality universe that users can “live” in. The concept seems to come straight from science fiction books and movies like the hit movie from 2018 “Ready Player One.” The creation and adoption of the Metaverse will likely increase the value of cryptocurrencies.
• Elektra, the leading grocery and banking retailer in Latin America, has started to accept bitcoin for payments. To encourage the use of bitcoin, the retailer is offering a 20% discount on goods and services paid for with bitcoin. The chain is owned by crypto enthusiast and Mexico’s third richest man, Ricardo Pliego Salinas.
• NFTs are gaining traction in the digital market. NFTs, or Non-Fungible Tokens, are digital pieces of art that are linked to the blockchain, but unlike crytpocurrency, they cannot be exchanged for other tokens of the same value. NFTs are one-of-a-kind, and no two NFTs are the same, making them limited, rare and possibly valuable. The NFT market is still very new and the ultimate value and use of NFTs is still in the discovery stage. NFTs may be the future of art collecting and wealth-building for the next generation.
• Credit/debit card issuer Visa is launching new consulting services to advise retailers and other financial institutions to help them understand the crypto world. Ultimately, the goal is help retailers adopt the acceptance of crypto payments online and through brick-and-mortar stores—making crypto accessible to the masses.
- Log in or Subscribe to post comments.
