NFT monthly volume dropped 97% in September 2022 from January 2022 peak

NFT Trading Volumes Collapse 97% From January Peak. – (Bloomberg) This reminded me of the dot-com bubble. A lot of money was lost, but the infrastructure built & knowledge gathered brought a new wave of companies. NFTs, crypto & co in their current form will vanish, so that they can be reborn.
What did you get done this week?

“What did you get done this week?” – Elon Musk to Parag Agrawal, Twitter’s CEO on April 9, 2022 Here is a great question that not only every CEO should ask their people, but also at a personal level. It took me years to declutter my “busy” calendar and to move on to bringing results. […]
META is introducing Digital Collectibles (NFTs) on Instagram

META is introducing Digital Collectibles (NFTs) on Instagram. This feature includes the following: “Connecting a digital wallet. Once connected, creators and collectors will have the ability to choose which NFTs from their wallet they would like to share on Instagram. Sharing digital collectibles. Once a creator or collector posts a digital collectible, it will have […]
Netflix is establishing an internal games studio

Excerpt from Netflix’s newsroom: Today, I’m excited to announce that we are establishing an internal games studio in Helsinki, Finland, with Marko Lastikka as the studio director. This is another step in our vision to build a world-class games studio that will bring a variety of delightful and deeply engaging original games — with no […]
Roblox has the opportunity to become an aggregator

Roblox is one of Wall Street’s darlings. Also, it is an user-generated game platform with 50m DAUs. Roblox has the opportunity to become an aggregator: 1) Pop culture – every person gets an avatar which can be customised; 2) Immersive experience – more than 70% of the users use the phone and most of them […]
MidJourney: A newcomer to the AI image generators

One of the latest newcomers to the machine learning models developed by AI to generate digital images from natural language descriptions is MidJourney. What is unique to it is that it uses the Discord UI to generate images and, of course, to monetise. Some said that the quality of images is lower compared to DALL-E […]
VW wants to list Porsche in order to raise finance to fund their EV ambitions

VW wants to list Porsche in order to raise finance to fund their EV ambitions, at least this is the primary goal. For those who came later to this page, Porsche is a SUV company with a ‘sport’ arm. There is a second goal also: the company will offer a EUR 9 bn to its […]
The productivity’s future is collaborative and on cloud

Consolidation at all costs. Companies with weak financials are smart enough to understand where their place in the market is. Slack understood too, but only after seeing what “network effects” really means (hint! Microsoft) The acquisition made total sense for Adobe, after previously acquiring frame.io – a cloud-based collaboration platform, mainly used by users for its […]
Not all loses are equal. AirBnb is in a good position to remain market leader at the end of the decade

Current investors’ calls and interviews revealed that Snap’s main client for 2018 and 2019 was…TikTok, which invested billions in customer acquisition. I never understood why software companies wanted to developed hardware products, a bet that ended up with hundreds of millions spent, if not more than one billion. On the other hand, AirBnb is in […]
Creative industries are on the edge of being disrupted by AI image generators

I have decided to use for my book’s cover an AI image generator. The image below has won the top prize in a US art competition, fuelling fears about the obvious: the pandemic has accelerated the adoption of automation and AI; the pace will not slow down. Jason Allen’s AI-generated work “Théâtre D’Opéra Spatial” […]