This week only! We are giving away 3 tickets to the North American Bitcoin Conference this MONDAY in MIAMI! 🌴
How to win?
The first 3 people to refer 5 people using the link below win the ticket!
$1500-dollar ticket and each ticket grants a 1/4000th chance to go to space via a company like SpaceX! 🚀
Gooood Morning, Rainmakers! ☀️
I hope everyone's had a great week so far. There's A LOT that has happened in the last few weeks but don't you worry, we're here to help cover some of it for ya!
Let's look at this week's forecast 💦
1️⃣ Security Token Advisors Client Spotlight: PRIZM Art Fair showcases physical and digital works through NFTs exploring Black Existentialism 🎨
2️⃣ Security Token Market Top 5: The State of Security Tokens is released, tokenized pension funds, and more 🌴
3️⃣ Leak of the Week: Crypto is Key to Small Business Growth This Year 📈
Before anything else, let's take a moment to congratulate this week's Token Trivia winner...
Drum roll please! 🥁 🥁 🥁
If YOU want a shot at the reigns, make sure to join our Discord and keep up with anything and everything STM!
Token Trivia is hosted on our server every Thursday night at 8pm EST. See you there!
Now let's dive in!
PRIZM Art Fair LLC currently hosts and runs an art fair in Miami, as well as a website that allows artists to display and sell their works to buyers from around the world.
Mikhaile Solomon, the founder, director, and curator at PRIZM, said the theme of this year’s PRIZM Art Fair is Black Existentialism: interrogating what it means to be Black and African from a global context.
She said the art featured at her recent fair evaluated what it meant to be Black, as it exists without any social pressure from the dominant culture in any country.
Collectors at PRIZM now have the opportunity to purchase digital art via NFTs.
What are NFTs though?
Let's get basic on NFTs:
NFTs, or Non-Fungible Tokens, are simply digital records of ownership of a piece of work on the blockchain.
In this case, the NFT's record will begin with the artist and update with each transaction for the lifetime of the art.
These, like crypto, run on the blockchain for transparency and convenience.
So, how do artists and collectors benefit from these? 🤔
Well, by issuing an NFT, the artist will receive a royalty every time the NFT/art gets sold.
This is completely automated thanks to the blockchain!
Cool, huh? 😎
To learn more about Security Token Advisors, click here! 👇
Click on the title of any one of these to learn more!
A survey reported that 73% of small and medium businesses (SMBs) agree that digital payments will be crucial towards their growth this year!
Out of those 73%, 24% are seriously considering allowing crypto payments, such as bitcoin.
Let's think about recent events:
The pandemic enclosed people, creating a higher demand for digital payments. A whopping 90% of the surveyed businesses with an online presence credit their survival toward increased digital-payment initiatives.
With this in mind, guess who just announced an effort to iterate digital payments?
YOU GUESSED IT (I hope)...
Visa! They are partnering with ConsenSys to bridge the gap between traditional payment systems and central bank digital currencies (CBDCs).
This is a great combination of digital payments and crypto: per the stats I mentioned above!
I'm all for SMBs, I'm all for crypto, so I'm all for this partnership too!
Follow me on Twitter for updates throughout the week and maybe even some this weekend 😉
Everything in this report is for informational and entertainment purposes only. Nothing in this report should be taken as financial advice or as an inducement to purchase or sell any security. Nothing in this market report should be used as legal advice. Always do your own research before making any decisions regarding financial transactions of securities.
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