Month: September 2023

Luxury Watchmaker Jacob & Co breaks into the Web3 market by launching an ERC-721 NFT. 75 uniquely crafted 3D renderings that entitle owners to Web2 rewards. Seems like a cool concept imo… via /r/economy

~ chetwang ~ Leave a comment


Luxury Watchmaker Jacob & Co breaks into the Web3 market by launching an ERC-721 NFT. 75 uniquely crafted 3D renderings that entitle owners to Web2 rewards. Seems like a cool concept imo…

Website: https://jacobandcrypto.org/nft

So as a proud Watch owner into crypto, ofc this is exciting for me as I've been on the Jacob & Co NFT waiting list for a couple months, and today had the email saying that the distribution is live: –– basically its a free distribution on ethereum, and now live at https://jacobandcrypto.org/nft and although im disappointed I only got an Epic X Chrono White Gold Watch NFT, it does seem to offer some real tangible benefits for us Watch owners, such as free exclusive event entries, discounted services and some other things I haven't fully investigated yet.

Part of me is also disappointed in 3D renderings – in my opinion it takes away from the sweeping contours and beauty that only reality can show, just look at a watch IRL and compare to the 3D rendering of the NFT, i mean yeah, one is exciting, one is.. Dull

On the other hand, it is a nice touch that it gives an exclusive feel, for sure.

Also, its really interesting to see how much the NFT space is growing, and i think the bear market has really hidden these things out of our view, and makes us think everything is dying.. sure prices are down but development is increasing, and adoption is crazy high.

So dont give up on your nfts guys, it is real value and will be a huge part of the world going forward.

Steve K

##

For those asking: You can register for the NFT distribution HERE

Submitted September 30, 2023 at 05:32PM by RestInternational392
via reddit https://www.reddit.com/r/economy/comments/16wijb0/luxury_watchmaker_jacob_co_breaks_into_the_web3/?utm_source=ifttt

People say that USA debt is not a problem, but what about interest payments ? via /r/economy

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People say that USA debt is not a problem, but what about interest payments ?

The Treasury Department paid a record $213 billion in interest payments on the national debt in the last quarter of 2022, up $63 billion from the same period a year earlier.

The fourth-quarter tab was also nearly 2051, interest payments will be the single largest federal expenditure, topping Social Security.

Submitted September 30, 2023 at 02:11PM by KoseteBamse
via reddit https://www.reddit.com/r/economy/comments/16wdnkl/people_say_that_usa_debt_is_not_a_problem_but/?utm_source=ifttt

Amid GOP confusion, U.S. braces for ‘first-ever shutdown about nothing’. “The weirdest thing about it is that the Republicans don’t have any demands. What do they want? What is it that they’re going to shut the government down for? We simply don’t know.” via /r/economy

~ chetwang ~ Leave a comment


Amid GOP confusion, U.S. braces for ‘first-ever shutdown about nothing’. “The weirdest thing about it is that the Republicans don’t have any demands. What do they want? What is it that they’re going to shut the government down for? We simply don’t know.”
https://www.washingtonpost.com/business/2023/09/29/government-shutdown-gop-seinfeld/

Submitted September 30, 2023 at 01:54PM by mafco
via reddit https://www.reddit.com/r/economy/comments/16wd93j/amid_gop_confusion_us_braces_for_firstever/?utm_source=ifttt

Court ruling puts Trump’s New York empire at stake. The decision in a civil case accusing Trump of illegally inflating his property values orders the cancellation of his New York business licenses, potentially wresting from his control of dozens of properties worth hundreds of millions of dollars. via /r/economy

~ chetwang ~ Leave a comment


Court ruling puts Trump’s New York empire at stake. The decision in a civil case accusing Trump of illegally inflating his property values orders the cancellation of his New York business licenses, potentially wresting from his control of dozens of properties worth hundreds of millions of dollars.
https://www.washingtonpost.com/politics/2023/09/29/trump-tower-new-york-ruling-engoron-james/

Submitted September 30, 2023 at 01:21PM by mafco
via reddit https://www.reddit.com/r/economy/comments/16wcfya/court_ruling_puts_trumps_new_york_empire_at_stake/?utm_source=ifttt

‘We need our paychecks’: Local federal workers demand urgent action as countdown for government shutdown begins via /r/economy

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‘We need our paychecks’: Local federal workers demand urgent action as countdown for government shutdown begins
https://www.news4jax.com/news/local/2023/09/29/we-need-our-paychecks-local-federal-workers-demand-urgent-action-as-countdown-for-government-shutdown-begins/

Submitted September 30, 2023 at 09:43AM by lucerousb
via reddit https://www.reddit.com/r/economy/comments/16w77aj/we_need_our_paychecks_local_federal_workers/?utm_source=ifttt