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The government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of digital tokens for investment.Thailand’s cabinet has agreed to waive corporate income tax and value-added tax (VAT) for companies that issue investment tokens, Reuters reported.Announcing the news on March 7, deputy government spokesman Rachada Dhnadirek said that companies will be able to access alternative ways of raising capital through investment tokens in addition to conventional methods like debentures.Dhnadirek added that the government expects investment token offerings to generate 128 billion Thai baht ($3.7 billion) over the next two years. The state estimated…
The age-old question of “what happens after we die” is one humanity has grappled with for millennia. Religions, philosophers and thought leaders have put forth theories about each person’s fate beyond life on earth. Until now, no factual, science-based conclusion has provided a satisfying answer.Psychologists have understood that the fear of death — or the realization of mortality — is a major motivator of human action. Developments such as cloning and creating virtual worlds, which were previously science fiction, have come to reality, perhaps as another scramble to answer this question — or even defeat death.Now, in the age of…
Unless you’ve been entirely disconnected from pop culture news for the past two years, you’ve likely heard about NFTs. They’ve gained so much popularity that, in 2021, nearly $41 billion worth of cryptocurrency was spent on the NFT marketplace, with that number since increasing with the help of Anime PFP NFTs.What’s so cool about this art style is that it combines unique art styles worldwide into fun digital formats. For example, are you a fan of anime and curious about the digital world of NFTs? Are you looking for ways to express your love for both?Anime-inspired NFT projects might be what you’re…
WeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment services, according to reports in local media. The move aims to help broaden the appeal of the digital yuan.WeChat now supports the fast payment function of the digital yuan wallet, making it the second payment platform to do so after Alipay. This feature enables users to use the digital yuan for payments on certain WeChat mini-programs and other platforms. The pilot version of the digital yuan application’s “Wallet Quick Payment Management” page currently lists 94 merchant platforms that can be…
NFT Mat Collishaw is turning his attention to a new kind of tulip mania. Called Heterosis, the project is a pioneering NFT-based flower collection and immersive metaverse experience created in partnership with artist Danil Krivoruchko, snark.art, and metaverse architects EL-GABAL. Snark.art is the firm behind the og.art protocol, upon which Heterosis and several other NFT projects have been built. The project consists of two main elements: a collection of breedable NFT flora and a virtual greenhouse—an overgrown, post-apocalyptic recreation of London’s National Gallery. Collishaw emphasized the significance of the Heterosis project as a departure from established art forms and experimentation…
Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace. According to the announcement, the move further expands the NFT ecosystem within the Binance community. With the new integration, users of the Binance NFT marketplace can trade NFTs on various blockchains like Ethereum, BNB Smart Chain and Polygon using their Binance accounts. We’ve now added support for Polygon on the #Binance NFT Marketplace!Users can now buy, sell, deposit and withdraw NFTs on the Polygon network Find out how to get started ⤵️— Binance NFT (@TheBinanceNFT)…
The world of Web3 offers users the opportunity to recreate their digital identity and explore new avenues of creative expression and individuality. This is more so as nonfungible tokens (NFTs) become more dynamic and personalizable.On March 8, a new project from Snark.art and OG.Art called, Heterosis, launched a collection of dynamic NFT flowers, which are breedable and customizable by holders.After the initial mint of the NFT flower, users are able to look into the greater catalog of flowers available and begin to “breed” flowers to create a hybrid species. According to the project’s announcement, when a new flower trait is discovered, it…
Blockchain Blockchain is a revolutionary technology that could reshape many industries. It’s already changing how we do everything from banking to healthcare, and it’s just getting started. But what if there were another way to use this new technology? What if there were a way to create something even better than the current blockchain? In this article, we will explore 7 potential triggers that could lead to a blockchain “super disruption” and potentially pave the way for an even more advanced version of blockchain technology. New protocols and standards According to experts at Bitcoineer, the most obvious trigger for this…
The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator.On Tuesday, March 7, the government announced that its current banking and insurance watchdog, the China Banking and Insurance Regulatory Commission (CBIRC), will be abolished. The responsibilities of this commission will be moved to a brand new administration, as will particular functions of the central bank and securities regulator. The legislature will vote on a plan for institutional reform on Friday, March 10. When in place, the new financial regulator will “strengthen institutional supervision, supervision of behaviors and supervision…
Like many other industries, healthcare has begun implementing Web3 technologies to better serve those in need. Healthcare services now appear in the metaverse, specifically for those seeking mental healthcare.Cointelegraph spoke with two executives from Innerword — a metaverse peer-to-peer mental health support group program — about how the metaverse can change the next generation of mental healthcare services.Connectivity is a trait inherently built into virtual environments, as is the ability to connect with more anonymity via the use of avatars and usernames. Noah Robinson, the platform’s CEO and founder, said, in the mental healthcare scene, “this helps people open up more…
