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The end of September 2021 saw the United Kingdom fall into the midst of a fuel crisis. Although the country has a healthy level of petrol reserves, the problem stems from a large-scale shortage of HGV drivers to transport fuel to petrol stations nationally. As some stations announced they would be closing due to the shortage, widespread panic buying caused as much as in UK cities to run out of petrol. As a result of the crisis, it appears that the nationwide petrol shortage may accelerate the adoption of electric vehicles. 90% of fuel pumps As the UK struggled to keep up with demand for petrol, interest in electric vehicles spiked, with Auto Trader Group Plc claiming that it had begun receiving direct inquiries for electric cars on average as the crisis escalated - roughly twice as frequently as the month prior. every 1.8 minutes As Google Trends data shows, searches accelerated rapidly in late September for electric vehicles, but is this trend going to be a sustainable one? And what could it mean for the growth of EV stocks? Let’s take a deeper look at the opportunities that are potentially rising through the UK petrol shortage: Accelerating Adoption The UK petrol shortage has prompted a massive spike in online searches for electric vehicles, with one analysis commissioned by Carguide finding that interest in EVs climbed some 1,600% on September 24th - when the shortage grew to a national scale. “The fuel supply crisis and the scenes of panic at the pumps could prove to be the most influential switching event ever, with more people than ever considering switching to electric,” , director of trade at Carwow. said Sepi Arani “The levels of demand for EVs through carwow this weekend have been completely unprecedented and are genuine proof that more people want to make the switch.” Significantly, the crisis has provided the backdrop to Motor Fuel Group’s flagship electric vehicle charging station in London, which opened on the 28th of September. Motor Fuel Group CEO, William Bannister was keen to highlight growing EV adoption trends - particularly in the UK capital - as the new charging station opened: “London motorists are leading the way when it comes to EV adoption, but the majority of London’s EV drivers cannot charge at home,” . “The public charging network needs to keep up with the rapid change in consumer behaviours, and the MFG EV Power network will do just that. Within the M25, our 2021 EV roll-out programme alone will nearly quadruple the number of open-network 150kW EV Chargers that were installed at the start of the year.” Bannister said The growth in the number of EV charging points coupled with the temporary decline in the availability of petrol in the UK may indicate a sliding doors moment in the adoption of that could see EV-focused stocks benefit from the crisis. electric vehicles EV Barriers Still Exist Despite significant growth in interest regarding EV vehicles, , commercial director at Auto Trader told Business Leader that the UK isn’t ready to take a major step towards abandoning petrol cars for their electric counterparts. Ian Plummer “Electric cars are prohibitively expensive for the majority of people, and despite the significant increase in range performance among new models, capable of reaching around 250 miles on a single charge, concerns of an inadequate charging infrastructure remain,” Plummer noted. “To make them a genuinely viable option for mainstream buyers, we need more commitment to provide greater incentives to deal with the upfront cost, as well as more investment to improve the national infrastructure to support both those rare long journeys, and those without access to home charging.” Although Plummer believes barriers to adoption are too significant to leverage any meaningful momentum towards the widespread , stock market analysts remain buoyant about the short-term growth of EV stocks. adoption of EVs Maxim Manturov, head of investment research at Freedom Finance Europe, highlighted Blink Charging (NASDAQ: BLNK) as a stock for investors to watch in the future. Blink Charging “owns, operates, and provides electric vehicle (EV) charging equipment and networked electric vehicle charging services in the United States through its subsidiaries,” said Manturov. “The company provides residential and commercial electric vehicle charging equipment, allowing drivers to recharge their vehicles in a variety of locations. It also offers the Blink Network, a cloud-based system that manages, maintains, and monitors Blink's various charging stations and associated charging data, as well as internal transactions and payment processing.” As we can see from the data above, BLNK has enjoyed a strong end to 2020 off the back of news that the UK government was committing to of new petrol cars by 2030 - showing that the stock is capable of rising significantly in the wake of concerns surrounding petrol. outlawing the sale (Image: ) Motley Fool We can also see clear evidence of specialist EV-focused compared to the S&P 500 - illustrating that market optimism for renewable energy vehicles is already thriving. ETF outperformance Although it may be a little too early for the UK fuel crisis to prompt a widespread , it does present further evidence of clear consumer intent to buy over the coming years - serving as a timely reminder that EV-focused stocks represent plenty of investment opportunities on Wall Street. shift towards EVs

Fuelling EV Adoption: the UK’s Petrol Crisis Could See a Rise in Electric Vehicle Stock Prices

The Blockchain ecosystem is expanding by leaps and bounds, not to mention the market opportunities that its use cases are generating. The philosophy of empowering people and eliminating intermediaries through the transparency and immutability of the transactions that are recorded on the Blockchain, undoubtedly represent the most significant achievement of this new digital era. And within this space, decentralized finance (DeFi) has become the great use case to follow, which locals and strangers are beginning to dabble in to become part of disruptive technology. While DeFi has been in the spotlight for most of 2020 and so far this year 2021, other sectors involved with this decentralized principle are beginning to emerge, gaining ground and attracting interest from investors of all sizes. Non-fungible tokens, popularly known as NFT for its acronym in English, are a perfect example of this. They were the big surprise in 2020, thanks to their millionaire sales that experienced a growth of 238% last year, according to the carried out by the Nonfungible platform and L’Atelier BNP Paribas. Non-Fungible Tokens Yearly Report 2020 , But what are NFTs? When we talk about a non-fungible or , we are talking about a cryptographic token that represents something unique, original, indivisible, non-exchangeable and non-fungible on the blockchain. Its design has been made to have unique and digitally verifiable properties. NFT Due to its implicit characteristics of the NFTs, its use has been extended to the creation of digital art, crypto collectibles and digital games that monetize the creativity of the users, as it happens in the Metaverses of Enjin, Axie Infinity, The Sandbox or Decentraland, for example. And it is precisely in the field of games that NFTs obtained their first use cases with projects such as and using the Counterparty protocol over the Bitcoin network. However, its popularity did not spread until 2017 with on the Ethereum Blockchain, thanks to the emergence of the ERC-721 standard. Age of Chains Rare Pepes Cryptokitties Currently the market for NFTs has spread to many sectors of people's daily lives, which, thanks to their indivisible, non-interoperable, verifiable and indestructible properties, allows increasingly innovative examples to appear, generating a market of millions of dollars that grows over time. NFT: Million Dollar Sales The NFT market is growing at a dizzying rate, which many already comparable to the DeFi boom or the crypto market in general of 2017, for the next few years to come. According to the report referenced at the beginning of this post, between 2018 and 2020 the sales fose to 825%; going from $40.9 million to just over $338 million by the end of last year. A large part of this market was covered by the crypto art, video games and Metaverse projects of Axie Infinity with more than $40.9 million dollars, Decentraland with $38.5 million and the CryptoPunks with sales in the order of $32.3 million. The above shows us that the NFT market is a sector that, in addition to helping art creators such as musicians, filmmakers, artists and gamers in general to protect their designs from counterfeits and obtain fair profits for their work, is a market that it has a disruptive potential valued in billions of dollars for the next few years. And precisely that trend continues to be marked in this upward cycle of cryptocurrencies. The NFTs industry does not rest and this is shown by the numbers in these scarce 50 days of the year 2021. Recently the NBA Top Shot NFTs under the Dapper Labs, Flow blockchain reached a new milestone, with the sale of a crypto collectible of Lebron James, a star of the professional basketball league in the United States, for the value of 200 thousand dollars, the most expensive sale yet for an NFT in sports. In the last 30 days, NBA Top Shot sales exceed 176 million dollars, as highlighted by CryptoSlam, positioning itself above platforms such as CryptoPunks, Hashmaks, Art Blocks or Axie Infinity. Following the same sporting vibe, Sorare, a blockchain collectibles platform for soccer fans and stars, announced the sale of a digital card of Juventus crack, Portuguese Cristiano Ronaldo for more than $100,000. But the news of record-breaking and successful sales doesn't stop only at the star-studded sports world. In digital art, the news does not stop and the last Thursday, February 18 of the well-known Nyan Cat meme for 300 ETH or around $590,000 in an online auction, shows the power that NFTs have in art. sale In addition, the crypto art will have an additional boost this Wednesday from one of the most recognized auction houses in the world. will become the first house of its kind to sell an NFT artwork this Wednesday: by digital artist Beeple. Christies "Every Day: The First 5000 Days" As mentioned above, the field of gaming is another of the sectors that have promoted the use of NFTs. Used to transfer or exchange game items for money, without the need to trust third parties, it has been one of the properties that have expanded the use of non-fungible tokens in Metaverses based on Blockchain technology, such as Axie Infinity for example. Virtual Land Sales Set Records Sales of virtual land are booming and this is demonstrated by the figures compiled by the sales of almost $2 million reached by The Sandbox in its pre sale of LAND virtual spaces on February 11. As highlighted by the platform on its official account, the Public Land Sale Wave 1 ended with 1,200 Premium LANDS sold for 5.6 million SAND ($1.1M) and 9 Estates auctions for ~ $386K. Twitter It is expected that the second public sale of virtual spaces to be carried out this coming February 25 by The Sandbox, will exceed the record reached for the 1,024 regular LANDS offered, among other spaces. At Metaverse such as The Sandbox, a non-fungible token “NFT“  represents digital parcels in which the owner can create, lease or sell to third parties to monetize their virtual real estate income. Already in 2020, the platform based on Blockchain technology pointed the way to come for this 2021, when in the month of November it managed to sell in less than 20 minutes, $500,000 dollars in its final round 4 its LAND assets, an NFT where users they monetize their experiences within the Metaverse. In addition to The Sandbox, the $ 1.5 million dollars reached on February 8 from an NFT of plots in the Metaverse Axie Infinity, show the bright future that this type of blockchain platforms has. The sale took place during the "week-long anniversary" of the launch of Axie's Ronin Mainnet, the platform's sidechain built to relieve pressure from Ethereum network congestion and gas fees for gamers. What happened in these Metaverse is signaling that a new ‘virtual’ real estate market is being generated more strongly in 2021 around NFTs. To put this data in context, it is enough to look at the price that an NFT can reach in the Metaverse such as Decentraland, Enjin or The Sandbox itself. According to Opensea, a marketplace empowered by users to sell their NFT creations, The Sandbox platform has reached the milestone of selling 'Estate' on this marketplace for the order of $500,000 SAND, approximately one hundred thousand dollars. Without a doubt, the figures that we find in these marketplaces such as Opensea, are sending a clear signal to investors of all sizes that NFTs are the next boom of the Blockchain ecosystem. For now, popular platforms like Decentraland, Enjin, and The Sandbox, to name a few of the biggest Metaverses, continue to dominate the NFT sector, to the point that the world's leading crypto asset price indicator, CoinMarketCap, has generated an exclusive list to monitor this subsector of DeFi.

Fuelling up the Year of NFTs: The Biggest Sales Yet This 2021

This article was originally published on OnlineSales.ai What is Cash On Delivery? According to Wikipedia Cash on delivery (COD), is the sale of goods by mail order where payment is made on delivery rather than in advance. There are loads of Advantages to Cash on Delivery (COD) for both the consumer as well as the retailer. The customer does not need to own a credit card to purchase. Impulse purchases may increase as payment is not due at the time of ordering. Trust. You can trust the company because you are paying after your receive the product at your doorstep. How Cash on Delivery Fuelled E-Commerce Growth in India Remember the emergence of E-Commerce blossoming in India, and the early nervousness of making payments online? Even though there has been a significant rise in online payments over the last few years since, Cash on Delivery (COD) continues to remain the most preferred mode of payment for consumers in India. According to Nielsen’s Global Connected Commerce Survey ( ) about 83% consumers in India preferred using cash on delivery as a mode of payment for online purchases. Consumers still dither to use credit cards due to online fraud risks. A report highlights that majority mode of payment made by consumers for online sites like Flipkart, was COD, 72% from major cities and 90% from smaller towns. Business Insider 70% buyers Prefer Cash on Delivery Payments While mobile wallets and netbanking transactions are on the rise, when it comes to making online purchases, . Payment options like Net-Banking, Credit & Debit Cards and e-wallets combined contribute to only about 30% of all online purchases, as compared to Cash On Delivery (CoD). most of the buyers still prefer Cash-on-Delivery payment model Regardless of the low use of Internet in poorer countries, the E-Commerce sector has tripled from $4.4 billion (Rs 20,020 crore) in 2010 to $13.6 billion (Rs.83,096 crore) in 2014. The online retail sector in India is expected to be a $1 trillion (Rs 660,000 crore) market by 2020, according to a by the Confederation of Indian Industry (CII) and Deloitte, a consultancy. recent report Moreover, the slowly yet progressively increasing popularity of mobile wallets after demonetisation could be an alternative way to possibly convert cash on delivery into online payments. There’s no point in contradicting the fact that COD is the biggest game changer, which has given an edge to those who offered the service. Flipkart, which was launched in 2007, was the first E-Commerce player after Indiaplaza to launch COD service back in 2010. It was the Cash on Delivery service that made Flipkart exceptionally popular and made online shopping a tempo among the masses. Suddenly every person, from a young college student who didn’t even have a bank account, to a person from a small town who didn’t possess a debit card, were able to buy things with just a click. Factors that contributed to Cash on Delivery growth: Convenience Familiarity with cash payments Less credit/debit card users Lack of secure payment gateways Consumer’s lack of trust in online payments Fear of online scam Whether it was the anxiety of commitment or the joy of ordering anything without the immediate need of money, COD set up prompt acceptance. However, the same service is now gradually grinding marketplaces and suppliers. Here’s why: 1. Restricted Cash Flow COD is convenient for buyers but extremely inconvenient for retailers and vendors. It hinders cash flow as such orders take longer to close. It often takes months for the money to reach the seller, that too if there’s no refund/return request. This makes it difficult for them to gauge or maintain daily operations. 2. Additional Cost The listed down that courier companies charge for delivering COD orders above the regular charges. The cost rises even further in case of returns as marketplaces/logistic companies deduct courier fees. Indian Online Seller article 3. High Returns Cash on delivery and is a deadly combination. People make imprudent and impulsive purchases and return it without any fret. And sellers believe that COD orders lead to high returns and buyers give as opposed to non-COD orders. This creates a hole in a seller’s, the logistic company’s and the marketplace’s pocket. no-questions-asked return policy insane reasons 4. Fraud/Theft and robbed at gunpoint, to theft during transit and fake orders, we have heard it all. Such occurrences mostly have been reported in case of COD orders. And what that has resulted in? Further expense. Delivery boys being beaten up It has enforced third-party and in-house logistics of online marketplaces to reduce these frauds and thefts. For instance, GoJavas had to raise threefold its security budget to safeguard the order shipments. to increase their expenditure on security, and high-tech tracking devices Reversing card holders into exclusive COD users. Main complaint that industry experts have is that retailers are turning card users or potential ones into exclusive COD subscribers. It is coherent that those who don’t have plastic money were/are opting to pay by cash. But arrival of COD service is adverse for those with cards to make online payments. Many sensed that India was gradually moving towards prepaid system and digital payments until Flipkart and other online marketplaces rushed in with Cash on Delivery. Therefore it isn’t shocking that from a well-known service, Cash on Delivery is now regarded as an expected service. It has become a natural choice of payment that sellers and traders just can’t afford to withdraw at the moment. Efforts to bring down cash transaction Government of India along with financial organisations has been trying their best to reduce cash transactions and boost digital payments to improve economy. Right from on electronic payments, executing restrictions to , the government is trying to move away from cash-intensive economy. The master stroke to curb transactions via cash was the recent move of demonetising Rs. 500 and Rs. 1000, due to which offering tax incentives simplifying the digital payment process COD orders noticed a drop of upto 30%. Likewise, E-Commerce players have done and are still doing their bit to reduce COD. Some of steps that retailers and sellers have implemented (or should implement if they haven’t) are: Payment through card upon delivery Improving payment gateways and expanding options Encouraging digital wallets through exclusive offers Offering incentives on online payments Instant refund mechanism facility Tying up with banks for special cash-back and discount offers when paid using card Initiating mobile transactions Charging extra for COD orders Putting a cap on acceptable COD order value, quantity and product type Altering return policy to remove absurd reasons for return Allowing sellers to decide the payment & shipping policy Cash will still rule After demonetisation, the majority of the E-Commerce players in India had paused the Cash on Delivery option. But they were also quick to reintroduce it within 2 weeks from the announcement. Which clearly states, that for a country like India, where people are comfortable and accustomed to cash transactions, getting rid of COD and creating a cashless economy still seems like a far-fetched dream. Related Posts Current Trends You Need to Know about the Indian E-Commerce Industry 5 Amazingly Productive E-Commerce Purchase Funnel Boosters [Infographic] Current Trends in the Indian Apparel Industry Take Google Shopping to the Next Level : Image Optimization in E-Commerce This article was originally published on OnlineSales.ai Authored by: Paras Khushiramani | Sr. Business Analyst

How Cash on Delivery Fuelled E-Commerce Growth in India

**LISBON, Portugal, May 9th, 2024/Chainwire/--**Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets. These efforts will allow millions of fans worldwide to further support and cheer for their favorite teams and athletes through fair and transparent prediction apps. Chiliz Chain is renowned for its blockchain solutions that transform fan engagement in sports through features like fan tokens and interactive engagement platforms. Through its flagship venture Socios.com, the network has expanded significantly to support more than 80 sport-related fan tokens and 2M+ ecosystem users. Team-specific fan tokens for the best football clubs, including FC Barcelona, Inter Milan, Juventus, Paris Saint-Germain, Manchester City, and many more, are all currently supported by Chiliz Chain through Socios. The network leverages a Proof of Staked Authority (PoSA) consensus algorithm which allows smart contract developers, validators, stakers, and other stakeholders to actively interact with the chain. Chiliz Chain is built to power sports and entertainment applications with a focus on brand IP and project use-case integrity. For Chiliz, partnering with Azuro represents a step toward tapping into the rapidly growing onchain prediction markets by the hand of the de facto infrastructure layer for sports prediction applications across EVM chains. Its innovative liquidity pool design, advanced tooling and oracle solutions allow apps to launch without upfront investment or running costs, enabling them to focus entirely on user acquisition, engagement and monetization from minute one. Azuro’s robust platform, currently supports over 25 active applications with transaction volumes surpassing $290 million, offers an ideal environment for Chiliz to expand its offerings in the sports and entertainment sectors. As part of this collaboration, Chiliz will be integrated into the Azuro Protocol, adding to the existing supported chains such as Polygon and Gnosis Chain. This integration will enable Chiliz to expand its reach within sports-focused prediction applications. New and existing builders relying on Azuro infrastructure will be able to connect their apps to the Chiliz Chain and allow their users to place transactions with the blockchain’s native token CHZ. "Integrating with Azuro marks a pivotal move for Chiliz Chain to capitalize on the rapidly expanding onchain prediction market," said Alexandre Dreyfus, CEO of Chiliz and Socios.com. "Leveraging Azuro's advanced infrastructure, we're empowering developers to innovate within the sports and gaming sectors." Rossen, a core contributor at Azuro, stated, “The onchain prediction markets have always been strongly tied to the sports and entertainment sector. Working alongside Chiliz Chain, the leading blockchain in this segment, feels like an obvious step for us. Azuro’s robust infrastructure will help expand Chiliz Chain’s usability within the fast-growing onchain prediction markets.” Looking ahead, Azuro and Chiliz will be soon launching a co-sponsored grants program aimed at incentivizing app developers to build on their combined infrastructure. These initiatives, including bounties for the first apps, are designed to fuel further adoption of onchain prediction markets, and aligned with Azuro’s vision for setting new transparency and fairness standards. About Azuro Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs. For more information or press inquiries, please contact team@azuro.org Website: https://azuro.org/
Docs: https://gem.azuro.org
Github: https://github.com/Azuro-protocol
Onchain activity: https://dune.com/azuro/stats About Chiliz Chiliz is the home of SportFi, where sports brands meet decentralized opportunities. Its infrastructure is driven by the Chiliz Chain, the first Layer-1 EVM compatible blockchain for sports and entertainment which now has a diverse ecosystem, fuelled by Chiliz native token CHZ. Its primary product on the Chiliz Chain, Socios.com, hosts a global community of over two million users, which makes it the largest non-finance/trading-centric Web3 consumer-facing product globally by user base. It hase partnerships with countless brands, including the giants of world sport such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, S.S.C Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, A.S. Roma and major F1 teams. Website: https://www.chiliz.com/ Contact Azuro team team@azuro.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **LISBON, Portugal, May 9th, 2024/Chainwire/--**Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets. These efforts will allow millions of fans worldwide to further support and cheer for their favorite teams and athletes through fair and transparent prediction apps. Chiliz Chain is renowned for its blockchain solutions that transform fan engagement in sports through features like fan tokens and interactive engagement platforms. Through its flagship venture Socios.com, the network has expanded significantly to support more than 80 sport-related fan tokens and 2M+ ecosystem users. Team-specific fan tokens for the best football clubs, including FC Barcelona, Inter Milan, Juventus, Paris Saint-Germain, Manchester City, and many more, are all currently supported by Chiliz Chain through Socios. The network leverages a Proof of Staked Authority (PoSA) consensus algorithm which allows smart contract developers, validators, stakers, and other stakeholders to actively interact with the chain. Chiliz Chain is built to power sports and entertainment applications with a focus on brand IP and project use-case integrity. For Chiliz, partnering with Azuro represents a step toward tapping into the rapidly growing onchain prediction markets by the hand of the de facto infrastructure layer for sports prediction applications across EVM chains. Its innovative liquidity pool design, advanced tooling and oracle solutions allow apps to launch without upfront investment or running costs, enabling them to focus entirely on user acquisition, engagement and monetization from minute one. Azuro’s robust platform, currently supports over 25 active applications with transaction volumes surpassing $290 million, offers an ideal environment for Chiliz to expand its offerings in the sports and entertainment sectors. As part of this collaboration, Chiliz will be integrated into the Azuro Protocol, adding to the existing supported chains such as Polygon and Gnosis Chain. This integration will enable Chiliz to expand its reach within sports-focused prediction applications. New and existing builders relying on Azuro infrastructure will be able to connect their apps to the Chiliz Chain and allow their users to place transactions with the blockchain’s native token CHZ. "Integrating with Azuro marks a pivotal move for Chiliz Chain to capitalize on the rapidly expanding onchain prediction market," said Alexandre Dreyfus, CEO of Chiliz and Socios.com. "Leveraging Azuro's advanced infrastructure, we're empowering developers to innovate within the sports and gaming sectors." Rossen, a core contributor at Azuro, stated, “The onchain prediction markets have always been strongly tied to the sports and entertainment sector. Working alongside Chiliz Chain, the leading blockchain in this segment, feels like an obvious step for us. Azuro’s robust infrastructure will help expand Chiliz Chain’s usability within the fast-growing onchain prediction markets.” Looking ahead, Azuro and Chiliz will be soon launching a co-sponsored grants program aimed at incentivizing app developers to build on their combined infrastructure. These initiatives, including bounties for the first apps, are designed to fuel further adoption of onchain prediction markets, and aligned with Azuro’s vision for setting new transparency and fairness standards. About Azuro Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs. For more information or press inquiries, please contact team@azuro.org Website: https://azuro.org/ Docs: https://gem.azuro.org Github: https://github.com/Azuro-protocol Onchain activity: https://dune.com/azuro/stats Website: https://azuro.org/ https://azuro.org/ https://azuro.org/ Docs: https://gem.azuro.org https://gem.azuro.org https://gem.azuro.org Github: https://github.com/Azuro-protocol https://github.com/Azuro-protocol https://github.com/Azuro-protocol Onchain activity: https://dune.com/azuro/stats https://dune.com/azuro/stats https://dune.com/azuro/stats About Chiliz Chiliz is the home of SportFi, where sports brands meet decentralized opportunities. Its infrastructure is driven by the Chiliz Chain, the first Layer-1 EVM compatible blockchain for sports and entertainment which now has a diverse ecosystem, fuelled by Chiliz native token CHZ. Its primary product on the Chiliz Chain, Socios.com, hosts a global community of over two million users, which makes it the largest non-finance/trading-centric Web3 consumer-facing product globally by user base. It hase partnerships with countless brands, including the giants of world sport such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, S.S.C Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, A.S. Roma and major F1 teams. Website: https://www.chiliz.com/ Website: https://www.chiliz.com/ https://www.chiliz.com/ https://www.chiliz.com/ Contact Azuro team team@azuro.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Azuro And Chiliz Working Together To Boost Adoption Of Onchain Sport Prediction Markets

Heavy is the head that wears the crown during a Wall Street bull run, and Nvidia’s status as the king of the ongoing generative AI boom means that the stock can be especially vulnerable to the prospect of weakening investor appetite. Nvidia (NASDAQ:NVDA) became Wall Street’s most exciting story in 2023. The chipmaker rallied some 239% throughout the year, smashing through the $1 trillion market capitalization glass ceiling before peaking at a cap in excess of $2tn. The optimism, fuelled by the ongoing generative AI market rally, continued to make waves in the first-quarter of 2024. NVDA rallied almost 90% in the opening three months of the year to continue its strong spell of dominance. But finally, at the beginning of April, the stock took its biggest tumble in four years. The wider implications of the Nvidia sell-off are likely to shake up the entire generative AI market. Counting the Cost of NVDA Sell-Offs The first three weeks of April 2024 saw NVDA shed more than 15% of its value amid widespread investor sell-offs. Although greater degrees of volatility can be expected for stocks caught up in the hype phase of an emerging market, Nvidia’s April downturn has been the company’s biggest dip since the initial outbreak of the Covid-19 pandemic in March 2020. For Nvidia, the pandemic era must seem like a lifetime ago. Its March 2020 sell-offs saw the stock tumble to $51.44. The stock’s peak closing price in March 2024 was $950.02. But after four years of meteoric growth, Nvidia’s recent market downturn is particularly concerning–particularly now the stock’s gained the status as a tech pioneer that’s been driving the S&P 500 higher on a consistent basis. Nvidia’s position at the pinnacle of the generative AI boom could mean that the stock would always be the first to absorb the impact of a change in investor sentiment, and the fears are that NVDA would be the canary in the mine should we suddenly discover that generative AI has been in a hype bubble that’s ready to burst for some time. Although Nvidia’s recent difficulties have coincided with the news that US inflation rates have continued to defy expectations, placing the prospect of interest rate cuts on hold for the foreseeable future, analysts suggest that fears over a cooling generative AI boom remain the key cause of investor concern in the wake of the underperformance. “The stock pullback has very little to do with rates,” explained Parag Thatte, strategist at Deutsche Bank, in a recent Financial Times interview. “It’s more to do with investors pricing in slower earnings growth.” There’s also a growing concern that generative AI has begun to transform from its hype phase towards the question of implementation. While Large Language Models (LLMs) like ChatGPT have been excellent tools in showcasing the sheer power and potential of generative AI, they’ve also been largely error-prone in a manner that could cause more hesitancy among enterprises seeking to embrace the technology. It’s for this reason that Gil Luria, analyst at DA Davidson, warned that a 20% slide in Nvidia stock could take place by the end of 2024. Luria suggests that the implementation phase of Nvidia’s products, which are currently being bought en masse by the likes of Microsoft and Amazon, could run into trouble when key buyers reach capacity and demand begins to fall. However, other analysts suggest that the end of the generative AI hype phase will be met by a more strategic implementation phase which could keep the industry growing. “Concerns about GenAI failing to meet expectations in 2024 should be seen in the context of the natural cycle of hype and maturity of new technologies,” said Maxim Manturov, head of investment research at Freedom Finance Europe. “While some industry leaders have expressed frustration with the speed of progress in artificial intelligence and GenAI in their organisations, others remain optimistic about its potential.” “Companies heavily invested in GenAI are under pressure to prove profitability, and industry reports indicate a shift to more strategic AI initiatives in the coming years,” Manturov added. Is the Generative AI an Exceptional Case? Here, it’s worth reminding ourselves that we’re talking about the generative AI boom. This is an industry that Bloomberg Intelligence last year suggested would grow at a CAGR of 42% into a $1.3 trillion industry by 2032. Fresh demand for generative AI products was predicted to add around $280 million in new software revenue. Could we be talking about an emerging technology that’s market impact is without precedent? Morgan Stanley analysts have underlined the indecisive outlook for Nvidia and the wider generative AI market in Q2 2024 by proposing a more bullish outlook for NVDA as well as the generative AI-focused Amazon (AMZN). As Nvidia reported Q4 2023 revenue increases of 265% to $22 billion, CEO Jensen Huang claimed that "accelerated computing and generative AI have hit the tipping point," before adding that "demand is surging worldwide across companies, industries and nations." The company’s innovations in recent weeks have included the text-to-3D tool, LATTE3D, which Nvidia described as a ‘virtual 3D printer’, as well as a collaboration with Hipocratic AI to develop a network of generative AI nurses that could cost $9 an hour. Nvidia’s quick 5% rebound following its record sell-offs should serve as a wider vote of confidence in the innovation that the company is capable of. Regardless of whether its success has made it the GenAI canary, NVDA is certainly an innovative stock that’s capable of sustaining its impressive growth. Bubble or Boom? Ultimately, Nvidia’s performance over the past 12 months means that the stock has become a live litmus test for investor sentiment in generative AI. Whether that’s a good thing or not depends wholly on the capabilities of the industry itself. Nvidia’s rapid growth has seen the stock rub shoulders with the likes of Microsoft, Apple, and Alphabet, and the company will be keen to follow the lead of other industry giants to continue sustaining its growth through innovation. As a semiconductor leader, the possibilities are nearly endless for Nvidia. As long as the capabilities of generative AI continue to astound clients and deliver on its promises, NVDA remains a stock that can continue to grow. If investors get a whiff of saturation or inefficiency, the Nvidia litmus test could face some further challenges ahead. Heavy is the head that wears the crown during a Wall Street bull run, and Nvidia’s status as the king of the ongoing generative AI boom means that the stock can be especially vulnerable to the prospect of weakening investor appetite. Nvidia (NASDAQ:NVDA) became Wall Street’s most exciting story in 2023. The chipmaker rallied some 239% throughout the year, smashing through the $1 trillion market capitalization glass ceiling before peaking at a cap in excess of $2tn. Nvidia The optimism, fuelled by the ongoing generative AI market rally, continued to make waves in the first-quarter of 2024. NVDA rallied almost 90% in the opening three months of the year to continue its strong spell of dominance. But finally, at the beginning of April, the stock took its biggest tumble in four years. The wider implications of the Nvidia sell-off are likely to shake up the entire generative AI market. Counting the Cost of NVDA Sell-Offs The first three weeks of April 2024 saw NVDA shed more than 15% of its value amid widespread investor sell-offs. Although greater degrees of volatility can be expected for stocks caught up in the hype phase of an emerging market, Nvidia’s April downturn has been the company’s biggest dip since the initial outbreak of the Covid-19 pandemic in March 2020. For Nvidia, the pandemic era must seem like a lifetime ago. Its March 2020 sell-offs saw the stock tumble to $51.44. The stock’s peak closing price in March 2024 was $950.02. But after four years of meteoric growth, Nvidia’s recent market downturn is particularly concerning–particularly now the stock’s gained the status as a tech pioneer that’s been driving the S&P 500 higher on a consistent basis. Nvidia’s position at the pinnacle of the generative AI boom could mean that the stock would always be the first to absorb the impact of a change in investor sentiment, and the fears are that NVDA would be the canary in the mine should we suddenly discover that generative AI has been in a hype bubble that’s ready to burst for some time. Although Nvidia’s recent difficulties have coincided with the news that US inflation rates have continued to defy expectations, placing the prospect of interest rate cuts on hold for the foreseeable future, analysts suggest that fears over a cooling generative AI boom remain the key cause of investor concern in the wake of the underperformance. prospect of interest rate cuts on hold prospect of interest rate cuts on hold “The stock pullback has very little to do with rates,” explained Parag Thatte , strategist at Deutsche Bank, in a recent Financial Times interview. “It’s more to do with investors pricing in slower earnings growth.” explained Parag Thatte explained Parag Thatte There’s also a growing concern that generative AI has begun to transform from its hype phase towards the question of implementation. While Large Language Models (LLMs) like ChatGPT have been excellent tools in showcasing the sheer power and potential of generative AI, they’ve also been largely error-prone in a manner that could cause more hesitancy among enterprises seeking to embrace the technology. largely error-prone largely error-prone It’s for this reason that Gil Luria, analyst at DA Davidson, warned that a 20% slide in Nvidia stock could take place by the end of 2024. Luria suggests that the implementation phase of Nvidia’s products, which are currently being bought en masse by the likes of Microsoft and Amazon, could run into trouble when key buyers reach capacity and demand begins to fall. 20% slide in Nvidia stock 20% slide in Nvidia stock However, other analysts suggest that the end of the generative AI hype phase will be met by a more strategic implementation phase which could keep the industry growing. “Concerns about GenAI failing to meet expectations in 2024 should be seen in the context of the natural cycle of hype and maturity of new technologies,” said Maxim Manturov, head of investment research at Freedom Finance Europe . “While some industry leaders have expressed frustration with the speed of progress in artificial intelligence and GenAI in their organisations, others remain optimistic about its potential.” Freedom Finance Europe Freedom Finance Europe “Companies heavily invested in GenAI are under pressure to prove profitability, and industry reports indicate a shift to more strategic AI initiatives in the coming years,” Manturov added. Is the Generative AI an Exceptional Case? Here, it’s worth reminding ourselves that we’re talking about the generative AI boom. This is an industry that Bloomberg Intelligence last year suggested would grow at a CAGR of 42% into a $1.3 trillion industry by 2032 . $1.3 trillion industry by 2032 $1.3 trillion industry by 2032 Fresh demand for generative AI products was predicted to add around $280 million in new software revenue. Could we be talking about an emerging technology that’s market impact is without precedent? Morgan Stanley analysts have underlined the indecisive outlook for Nvidia and the wider generative AI market in Q2 2024 by proposing a more bullish outlook for NVDA as well as the generative AI-focused Amazon (AMZN). more bullish outlook more bullish outlook As Nvidia reported Q4 2023 revenue increases of 265% to $22 billion, CEO Jensen Huang claimed that "accelerated computing and generative AI have hit the tipping point," before adding that "demand is surging worldwide across companies, industries and nations." claimed that claimed that The company’s innovations in recent weeks have included the text-to-3D tool , LATTE3D, which Nvidia described as a ‘virtual 3D printer’, as well as a collaboration with Hipocratic AI to develop a network of generative AI nurses that could cost $9 an hour. text-to-3D tool text-to-3D tool collaboration with Hipocratic AI collaboration with Hipocratic AI Nvidia’s quick 5% rebound following its record sell-offs should serve as a wider vote of confidence in the innovation that the company is capable of. Regardless of whether its success has made it the GenAI canary, NVDA is certainly an innovative stock that’s capable of sustaining its impressive growth. Bubble or Boom? Ultimately, Nvidia’s performance over the past 12 months means that the stock has become a live litmus test for investor sentiment in generative AI. Whether that’s a good thing or not depends wholly on the capabilities of the industry itself. Nvidia’s rapid growth has seen the stock rub shoulders with the likes of Microsoft, Apple, and Alphabet, and the company will be keen to follow the lead of other industry giants to continue sustaining its growth through innovation. As a semiconductor leader, the possibilities are nearly endless for Nvidia. As long as the capabilities of generative AI continue to astound clients and deliver on its promises, NVDA remains a stock that can continue to grow. If investors get a whiff of saturation or inefficiency, the Nvidia litmus test could face some further challenges ahead.

Nvidia’s Shaky Q2 Underlines the Stock as Generative AI’s Sentiment Litmus Test

এনভিডিয়ার শ্যাকি Q2 জেনারেটিভ এআই এর সেন্টিমেন্ট লিটমাস টেস্ট হিসাবে স্টককে আন্ডারলাইন করেছে

Nvidias wackeliges zweites Quartal unterstreicht die Aktie als Lackmustest für die Stimmung von Generative AI

El inestable segundo trimestre de Nvidia subraya la acción como prueba de fuego del sentimiento de la IA generativa

Le Shaky Q2 de Nvidia souligne le titre en tant que test décisif du sentiment de Generative AI

एनवीडिया की अस्थिर Q2 स्टॉक को जेनरेटिव एआई के सेंटीमेंट लिटमस टेस्ट के रूप में रेखांकित करती है

エヌビディアの第2四半期の不安定さは、ジェネレーティブAIの感情リトマス試験として株価を浮き彫りにする

Nvidia의 Shaky Q2는 Generative AI의 감정 리트머스 테스트로서 주식을 강조합니다.

Shaky Q2 da Nvidia destaca o estoque como teste decisivo de sentimento da IA generativa

Нестабильный второй квартал Nvidia подчеркивает, что акции являются лакмусовой бумажкой настроений генеративного ИИ

Nvidia'nın Titrek 2. Çeyreği Hisse Senedinin Üretken Yapay Zekanın Duyarlılık Turnusol Testi Olduğunu Vurguluyor

Q2 run rẩy của Nvidia nhấn mạnh cổ phiếu là bài kiểm tra tình cảm của AI sáng tạo

Nvidia 第二季度业绩表现不佳，凸显其股票是生成式 AI 情绪的试金石

The Future of Work: Preparing for an AI and Machine Learning Dominated Economy

Assessing Preference Manipulation in Amazon's Recommender System

It’s no secret that the death of the internet as we know it is no longer greatly exaggerated. Between the big tech giants and generative AI the death spiral of the web has accelerated, like some digital ouroboros, the internet has begun to feed on itself and shit out the worse parts for the rest of us to consume. Web3 failed to deliver anything but more similar in the form of cryptocurrencies, NFTs and ultimately a market-fuelled distraction cobbled together on top of blockchains which is hardly that venture capitalists are determined to push as the correct rhetoric — one that is self-serving because of their investment into get-rich-quick meme coins rather than the projects themselves. If we look back at the web it began with one man’s PC sitting on his desk with a post-it note warning people not to turn it off. It then took 2 years of fucking around with DNS, TCP/IP and HTML before the first 50 websites emerged and then things took off nicely; it was under control of no one and it was decentralised. enshittification the new internet Sadly it wasn’t to last. What began as something owned by everyone on the planet became something owned by few and rented out to everyone for a price, that invoice was either paid financially or through data which the latter we are now beginning to understand the full extent of because it’s being put to good use by the generative AI startups with no compensation. And that’s coming back to bite back hard so very quickly. It’s poetic that Facebook will die choking on its own vomit soon. AI-derived content has taken over the internet and it’s unstoppable and almost unrecognisable as something an algorithm generated to the untrained eye. Those in the know are a privileged few, the vast majority of people wouldn't know where to look to spot a faked article or image, recognise telltale signs, or even copy into an AI detector to confirm its source and origin. The long term consequences are such that pretty much nothing on the internet will be human created or curated, nor even read and digested by people either. We’re being pushed to adopt personal AI assistants to consume the content they gave birth to then regurgitate it back to us as a synopsis for us to use elsewhere or even take action on either personally or in a business context. This is the antithesis of what Tim Berners-Lee wanted to see out of the Semantic Web (or Web 3.0) back in the late 90's— an internet where users kept their data sovereignty, instructed AI agents to perform tasks for them but the web itself was very much human. Web3 startups claim that they have the answer, that blockchain is somehow a magical silver bullet for data provenance and to train new types of AI on, and another excuse for another round of meme coins and but this house of cards is rapidly falling down. Like a stack of dominoes one by one very public and in your face Web3 projects like Nike’s RTFKT and are quietly being abandoned, with claims that intelligent NFTs Starbucks’s Odyssey it was a proof of concept and we’ll do better next time. Only there won’t be a next time for them. They overestimated how interested their existing customer base would be, underestimated how much the hype would be driven by the same circle of Discord lurkers shouting WAGMI and wen moon, and grossly underestimated and understood just how apathetic the general public and those who just want to drink a bloody cup of coffee would be to collecting for a glorified Pannini sticker album. What I will say is that blockchain isn’t the answer, it never was. It’s a distributed ledger you can do stuff with but it’s not an internet protocol or replacement for the web itself. The fact that you need to create and burn magic internet money to make it work invites speculative behaviour. Web3 turned the internet into a different type of stock market, trading made-up asset classes and foreign currencies and completely abandoning why it existed in the first place. After the death of the first internet, lots of tiny new internets will grow up in its place. Philip Rosedale, creator of Second Life There’s an interesting turn of events emerging though, a strange confluence of ideas mixed with a societal need for nostalgia. We’re seeing a shift across generations that is railing against the relentless push towards subscriptions and digital ownership People are buying physical media in all forms, old and current formats are enjoying a revival as subscriptions become ever more expensive, overlap each other and the choice that we thought was a convenience is now strangling us. because the reality is that you own nothing under either model. The digital feudal system has robbed us all of what we held dear before and web3 failed to give us control back. The internet and how it runs now is dead or drawing its last breath. But it won’t be replaced by one single, new internet nor will it be replaced by blockchains. It’ll be replaced by networks. We have some examples already like and but these rely on blockchains and ultimately are no good both longer term but also from a decentralised control perspective. Another example is , a small group that’s been working for nearly two decades on building a distributed network protocol that works with ordinary kit you’d find in the home (recently announced rebrand as now) IPFS Arweave SAFE Autonomi Much like the distributed systems that allowed BitTorrent (distributed file sharing) and BOINC (distributed computing like SETI@Home and Fold@Home) to function on consumer-grade hardware, there will be a re-emergence of the same movement where people will power the next iteration of the internet from their own devices — not from centralised cloud stacks owned by the same 3–4 major corporations. The internet itself was build as a decentralised and distributed network before capitalism found a way to make it work to its advantages. You can see how this could come about after recently watching the NVIDIA GTC keynote and understanding Sam Altman’s own drive to create a new silicon empire — they’re scared there is not enough compute power that they can build and control for their own ambitions, and control is the key point to pay attention to here because there is already enough compute and storage out there sitting on billions of devices in the world but they just won’t control any of it. When robotics start taking central stage over and above incorporeal AI systems then you’ll begin to understand that every robot in itself is a distributed node on a new type of compute network that won’t rely on centralisation for decision making, but as a collective hive mind can improve and self-learn at an exponential rate. But this is an example of a distributed network under centralised control. And it doesn’t stop at being just one internet, the revolution will be that there will be many under this model, all owned by nobody but powered by everyone in those particular communities it supports. What we need for the internet to be remade is not only a new set of distributed networks and designed to operate in a decentralised manner but also that the network, storage and compute are owned by nobody but powered by everybody. operating systems It was a reason I believed that Web3 DAOs (decentralised autonomous organisations) could have taken back control from local authorities as community driven projects, wholly owned and run by the people in those local communities, empowering them to make decisions that made a difference rather than line an MPs pockets. When folks like Peter Diamandis claim that AI will usher in an Age of Abundance what they’re really calling for is a rewriting of economic systems beyond the capitalist one we use today, and that starts by rewriting the infrastructure we rely on so much to power it — the internet. The internet is dead. Long live networks. Also appears . here

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