June 20, 2024

Bitcoin Volatility – Decentralizing Social Platforms – NBA Updates. MGR Unplugged Podcast | MGR Marketing & Lifestyle Blog

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Bitcoin is very volatile, get used to it. Should social media platforms be decentralized? and the NBA is struggling to keep the season going with COVID cases increasing, but the Harden trade dominates the news.

We’re fascinated about the growth of NFTs and the thousands of dollars that people are paying for them. Is it a good investment? Or is it just a new bubble about to burst?

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In this episode:

We talk about the Crypto Collectibles new craze. Digital art selling for thousands and a lot of wealthy people and celebrities are already cashing in.

Non-Fungible Tokens (NFTs) are here to stay and if you don’t know what they are, you’re missing out. We’re talking about unique virtual tokens that can represent anything from art to sports memorabilia.

And yes, people are paying thousands of dollars for these NFTs. So much so, that the NBA has made over $150 million as of this recording in the last seven days through their platform NBA Top Shot.

We end the episode discussing Decentralized Financing or DeFi. Looking for a higher yield for your savings? DeFi might be your solution but it has its own risks. What it is, how it works, what are the risks?

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