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Starbucks is selling pumpkin spice latte NFTs to commemorate the 20th anniversary of the seasonal beverage. The $20 digital stamps came out on Thursday via Starbucks Odyssey, the company's Web3 platform. A analysis emerged in September that showed 95% of the NFT market may now be worthless. AdvertisementAdvertisementLast December, Starbucks gifted free NFT stamps to members, and some of those resold for $1,900 each on secondary markets. Starbucks, however, may be an outlier player in the digital asset space as the broader NFT market was recently found to be mostly worthless.
Persons: Organizations: Starbucks, Starbucks Odyssey, Service
Insider Today: Side hustles' turning point
  + stars: | 2023-09-21 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
A new study from Morgan Stanely makes the case that generative AI will enable people to work multiple jobs, writes Insider's Alistair Barr. In the US alone, multi-earning has increased 11% over the past year, largely thanks to the rise of generative AI tools like ChatGPT. New research from EY found that nearly 40% of Gen Zers had a side hustle to earn extra money. Adding fuel to the fire is the fact bosses don't seem to care if their employees are working multiple jobs, albeit with one caveat. To be sure, executives' acceptance of employees working multiple jobs might be short-lived.
Persons: Randy Rush, Morgan Stanely, Alistair Barr, Morgan Stanley, EY, Gen Zers, Zers, Gen, Z, Alex Wong, we're, It's, Peter Brown, alums, , Brooks Kraft, Cassidy Hutchinson, Rudy Giuliani, Joe Biden, Volodymyr Zelenskyy, Mike Minnis, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, cofounders, Renaissance Technologies, Tesla, Bugatti, Brooks Kraft LLC, Getty, Netflix, United Nations General Assembly, Darden, Olive Garden, LongHorn Locations: Wall, Silicon, Asia, Scottish, , Europe, Americas, Olive, New York City, San Diego, London
Most NFTs are now likely worthless, less than two years after a massive bull run in the digital collectibles. A new study found 95% of over 73,000 NFT collections have a market cap of 0 ETH. Out of 73,257 NFT collections, 69,795 of them have a market cap of zero ether, based on data provided by NFT Scan and CoinMarketCap. In 2021 and 2022, the NFT market saw a huge bull run, at one point leading to $2.8 billion in monthly trading volume. Out of the top 8,850 collections by market cap, 18% are worthless, and 41% are priced at $5-$10.
Persons: dappGambl, Stephen Curry, Snoop Dogg, bitcoin Organizations: Service Locations: Wall, Silicon
Total: 3