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Some people fail to understand, and rather ridicule, that an JPEG ape, monkey, and their mutants can sell for millions of dollars. On the other hand, there are people like me who also fail to understand why a painting of MF Hussain or Raja Ravi Verma is worth millions? The answer to both the questions was beautifully articulated by Mr Naval Ravikant in a tweet on 05 April 2021: The Promise of scarcity is a slender thread, only as strong as the social contract with the creator and interwoven with the backing of the community. In other words, the community backing that these abstract art paintings and Ape NFTs enjoy have been successful in creating a social contract, thus making them scarce and propelling their prices.

This phenomenon is even stronger in the case of NFTs as compared to traditional art. According to Mark Cuban, these NFTs are programmable contracts embedding the record of ownership with an inbuilt pointer to the asset location. As the Crypto winter has set in as of now in the year 2022, people are now shifting towards utility based NFTs.

Utility NFTs use cases beyond simple pixelated art. They grant their owner privileges, rights, and rewards which have otherwise not been accessible to them. Because blockchain NFTs add a new level of security to digital transactions while also enhancing efficiency, numerous use cases are embracing them. Anyone engaging in a transaction can view the NFTs evolution from conception to completion in real-time and can identify everyone else who participated in that evolution. It produces a system that is encrypted, easily distributable, and virtually impossible to attack.

Industries like events and ticketing, memberships, gaming and metaverse NFTs, supply chain and logistics, domain name ownership, identification, certification, and documentation, intellectual property and patents, signature and notarial services in legal documents, voting, real estate, and education are already being disrupted or created by utility based NFTs.

For instance, new age ticketing is disrupting the USD 70 Bn ticketing events industry with use of blockchain and NFTs. With smart contracts and NFTs, it is making ever vibrant event industry even more beautiful and exciting for all stakeholders. These dynamic tickets make the tickets cool and collectible in addition to providing the buyer with the ability to buy and resell them and the organiser with the opportunity to get a royalty each time the ticket changes pockets. How does that happen? Imagine that the NFT ticket itself displays a fresh Artist or Brand announcement every 24 hours. Further, bundled with the tickets, reveal NFTs are sold. These NFTs are surprises containing epic moments of the events and are revealed post the event. Imagine owning an Oscars 2022 Reveal NFT in which enraged Will Smith slaps comedian Chris Rock. All of this is game changing and is likely to become extremely popular in near future.

Similarly, membership models are being rapidly transformed by NFTs. The traditional club membership has been tied to identity up until now, and membership often expires if a member moves. The Membership associated with an NFT can be traded or borrowed.

Similarly, real estate is being transformed by NFTs. NFT of Real Estate deed can log all changes automatically, making closing a breeze. Not only that, but it will make the process much more secure nobody will be able to forge papers, because they cannot alter the NFT. In the supply chain, NFTs help in authenticating products, ensuring their quality, and verifying their origin. In the food and other perishable industries, knowing where the goods have been and for how much time is crucial. This is what NFT can make possible.

NFTs can help with the voting issue since they would give those without physical documents a digital identity that verifies who they are and where they are in the country, which is improbable but technically quite possible. As NFTs will act as an official record of people who voted and also their votes, this will also aid in the elimination of voter fraud and cheating.

Finally, it is predicted that NFT Sales would reach USD 35 billion in 2022, according to Jeffries, and USD 800 billion in 2024, according to Coingecko. It is determined that utility based NFTs will surpass pixelated NFTs in the upcoming years for NFT Sales to reach these proportions. The NFTs of utility-based assets are already gaining tremendous traction as a result of technological advantages. Government rules and user flexibility will be future barriers.

Views expressed above are the author's own.

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Only utility based NFTs will survive in the long run - Times of India

Will Smith says there is no part of me that thinks that was the right way to behave in that moment when explaining his determination to slap Chris Rock all the way through the Oscars 2022 rite previous this yr.

In a brand new minutes-long Instagram video, the King Richard superstar solutions a chain of questions on that evening, providing up but any other apology to Rock whilst additionally discussing the affect it had on Rocks circle of relatives, whether or not he was once responding to Jada Pinketts eyeroll when he took the level, the impacts his motions at the evenings different nominees and winners and extra.

I was fogged out by that point, Smith says, explaining why it took see you later to provide Rock an apology. Its all fuzzy. Ive reached out to Chris and the mesh the message that came back is that hes not ready to talk. And when he is, he will reach out.

Smith is going on to mention hes here whenever youre ready to talk, sooner than providing up an apology to Rocks mom and brother Tony Rock.

That was one of the things about that moment. I just didnt realize, Smith displays. I wasnt thinking but how many people got hurt in that moment. So I want to apologize to Chriss mother. I want to apologize to Chriss family. Specifically, Tony Rock. We had a great relationship. You know, Tony rock was my man and this is probably irreparable.

Smith additionally spoke back a query about whether or not his response was once in keeping with Jadas eyeroll following Rocks shaggy dog story about her baldness, which many famous can have been a delicate matter because of her alopecia.

I made a choice on my own, from my own experiences from my history with Chris. Jada had nothing to do [with it], Smith stated, sooner than acknowledging the heat his spouse and youngsters have taken.

Towards the tip of the video, Smith additionally cope with how his movements impacted his fellow nominees, noting that I won because you voted for me.

It really breaks my heart to have stolen and tarnished your moment, Smith stated, pointing to Questloves response, who took the Oscars level proper after the incident for profitable absolute best documentary for his undertaking Summer of Soul. Sorry isnt really sufficient.

This is the 3rd apology in some shape that Smith has presented up for the reason that Oscars 2022 incident, wherein the Oscar winner took to the Dolby Theatre level and slapped presenter and comic Chris Rock after he made a G.I. Jane shaggy dog story about Jada Pinketts baldness.

Since then, Smith introduced he was onceresigning from the Academy and has been banned from showing for 10 years.

More to come back

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Will Smith Explains Response to Chris Rock Oscars Slap The Hollywood Reporter - HuntDailyNews.in

Hes just got the bus pass, but a Co Kerry pensioner wont be using it for several months as hes aiming to become the first Irishman to sail single-handedly non-stop around the world.

If he manages the feat and is back in time to celebrate his 67th birthday next May, Pat Lawless will join a pretty exclusive club.

To put it in context, approximately 6,000 people have climbed Mount Everest and 556 people have been into space, but only 100 people have ever sailed solo non-stop around the world via the five Great Capes.

A large crowd gathered at Crosshaven, Co Cork, to bid him bon voyage as he sailed his 36ft and 34-year-old yacht, Green Rebel, out of harbour to France in advance of the Golden Globe Race around the world, which gets under way on September 4.

He will be among 35 sailors competing, and the only Irishman taking part.

Pat is a former carpenter and fishing trawler owner who operated out of Ballyferriter. He's been sailing all his life, and the yachting genes are in his blood.

His late father, Pat Lawless Snr, sailed around the world at the age of 70, although it wasnt the non-stop version his son is attempting.

The voyage is costing Pat in the region of 240,000.

He is paying half himself and has also received sponsorship, most notably from Green Rebel, a company based in Crosshaven involved in offshore wind energy.

Pat will also be raising money for the Parkinson's Association of Ireland as part of the race, during which the competitors will circumnavigate 30,000 nautical miles across some of the most dangerous seas in the world.

No competitors will be permitted to use modern technology, and can only use items available in 1968, when the first Golden Globe Race was won by the legendary English sailor Robert Knox-Johnson.

There have been 10 such races since, all won by the French. Pat is determined to see a different Tricolour will fly over the winning yacht this year.

This race is a part of sailing history, and I cannot wait to get started. I have enough supplies on board, such as tinned foods and instant mash.

I have [music] cassette tapes and books to keep me entertained. I've trained myself to sleep patterns of 20 minutes and then wake up again with an alarm clock and after a while go back to sleep again.

Pat knows he'll encounter sea storms on the journey, especially around Cape Horn and Cape of Good Hope, but he is prepared.

I was in a hurricane once off Rockall, he said.

He'll navigate by the position of the sun using only a sextant and paper charts.

There will be no modern luxuries such as GPS, satellite phones, iPads, electrical auto steering, or water makers.

Competitors must carry all food, water, and tools.If they have to pull into port, they're automatically disqualified.

This race is all about survival and arrival, and I believe I have a better chance of finishing this race than anyone, said Pat.

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Kerry pensioner to attempt non-stop solo voyage around the world - Irish Examiner

Photo by Jay Zucco, ccourtesy Cave In/Facebook

Cave In play Orlando on Tuesday

Sasquatch, Hippie Death Cult, Hollow Leg, Howling Midnight: There will not be a thicker spread of rock all week than at this show. Between the titanic stoner riffs of L.A.s Sasquatch and the classic doom metal of Portlands Hippie Death Cult, the two touring acts are a one-two punch of heavy retro power. Add in the excellent native tonnage of sludge lords Hollow Leg and blues-rock crushers Howling Midnight and youve got one mammoth night.

Cave In, Author & Punisher, Royal Graves:This loaded heavy-music showcase will probably be the weeks most stunning and dynamic live experience. For one, groundbreaking prog-metal legends Cave In are pushing their first studio album in more than a decade (Heavy Pendulum on Relapse Records) and its a mighty return. But industrial drone innovator Author & Punisher, himself touring behind his first album in four years, is always a magnificent live spectacle with a one-of-a-kind rig of self-engineered, self-fabricated sound devices that impressively blur the line between man and machine. And Orlando post-metal leviathans Royal Graves always drop massive atmosphere. (6 p.m. Tuesday, Aug. 2, The Abbey, $20)

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Concert picks this week: Sasquatch, Cave In, Los Jarritos, Brother Dege - Orlando Weekly

Henry Cavill did not appear at the Warner Bros. panel, and it is now up for speculation who will don the famous red cape. Dwayne Johnson famously known as The Rock all but confirmed that Henry Cavill would not be returning as Superman as he answered a question about who would win between Black Adam and Superman. He said it was a good question, and he would answer it. He added that it'd been an age-old question, and it really depended on who played Superman.

Johnson's response suggested that the red cape was up for grabs, and Cavill would not be seen as Superman again. Jaume Collet-Serra, Director, Black Adam, confirmed that neither Shazam nor Superman would appear in Black Adam. Jaume stated that his movie is original, and he does not know who Superman or Shazam is by the time the film finishes. However, Johnson hinted that DCEU could bring back Superman sooner than later, even if a different actor plays the part.

He went on to say that he likes reminding audiences that Superman has a couple of weaknesses in the form of magic and Kryptonite. One of the anchoring powers of Black Adam is magic.

Disclaimer: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.

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Black Adam Trailer: Dwayne Johnson, The Rock, booed at San Diego comic-con; know the reasons - Economic Times

Before you just throw your linen goods into the washer, always be sure to read the label for special care instructions, as some linens may be mixed with other types of fabrics, treatments, or dyes. If you're unsure about what the label means, refer to a guide to help you (via Who What Wear). Once it's time for it to go into the washer, be sure to put it on the gentle cycle with lukewarm water. Linen Beauty notes that linen garments and materials should not be overcrowded in the washer as it could twist or pull the fabric. Additionally, it must be paired with other items of similar material, delicacy, or color.

You may also opt for handwashing your linen for an even gentler wash that you have more control over. If your garment is unsoiled, hand-washing is the recommended method to go with. Do so in a soft, swishing motion, and do not wring, twist, or scrub it (via Linen Beauty). Whether you are machine or hand washing your linen, also be sure to use a mild detergent made for delicate fabrics (via Dengarden).

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How To Wash Your Summer Linens And Keep Them In Perfect Condition - Glam

(Credit: Artimio Blackburn)

Beach Bunny - 'Emotional Creature'

Love sucks. Its also the best thing in the world. Its the stuff that makes you crazy enough to scream, sometimes filled with joy and sometimes filled with anger. Love is universal, and until the big star in the sky burns out for good, well all be dealing with it on an everyday basis. That makes love potent material for writing songs in fact, you cant throw a stone without hitting ten love songs on the way. With over 100 years of love songs to contend with, the trick is not to get bogged down by expectations. Thats the lesson Beach Bunny took to heart on their sophomore LP, Emotional Creature.

Featuring 12 songs of peppy pop punk guitar rock all centred around love, both good and bad, the Chicago outfit blaze a path by staying tried and true. Emotional Creature is easy to take in and admittedly not terribly deep there arent any massive metaphors or complicated detours to parse through in order to understand what lead singer Lili Trifilio is getting at. That lack of complications might not seem like a selling point, but it absolutely is.

Thats because Beach Bunny hunker down and deliver the goods. Through the barrage of cymbal crashes, fuzzy power chords, and sunny melodies, the band blast out memorable tracks like they could make them in their sleep. Whether theyre taking on the positive side (Entropy, Oxygen), the negative side (Deadweight, Weeds), or somewhere in between (Scream), theres always a catchy vocal line and a fist-pumping backing track ready to get lost in.

Beach Bunny managed to make ragged charm their most potent weapon on their debut LP, 2020s Honeymoon. That album was quick, punchy, and seemingly recorded in the back of a defunct Circuit City (at least it sounds that way sometimes). Thankfully, a new polished sound and tighter arrangements dont sacrifice any of that same charm on Emotional Creature.

Its been almost half a decade since the viral success of the bands debut single Prom Queen, but nothing on Emotional Creature seems to be pandering towards anything like viral stardom. The most refreshing aspect of Emotional Creature is that Beach Bunny are now fully confident in their identity as a band, whether any casual fans or scrolling newbies want to care or not.

Theres nothing complex about what drummer Jon Alvarado, guitarist Matt Henkels, and bassist Anthony Vaccaro are doing throughout Emotional Creature. Just a few chords and some straightforward arrangements are all that these songs need in order to connect, and the major pull of the bands sound is that ego and flash never factor into their compositions. The members of Beach Bunny are great musicians, and great musicians know how to serve their songs.

In fact, the first sign that the band are interested in creating a sound outside of their established comfort zone comes on Gravity, a floaty synth-pop song that plays into the space rock and Star Wars fandom that the band have been playing with in their recent music videos. Its just a quick instrumental interlude, but it could represent a new future for the band, especially since the next track, Scream, features prominent synths and electronic drums. It doesnt take long for the group to return to guitar rock, but its an interesting thought exercise to start thinking about the future.

Its appropriate that the record ends with a literal Love Song, considering how weve spent half an hour taking in love song after love song. Instead of being just another track in the sequence, this time, Beach Bunny sprawl out for their ultimate summation of confusing feelings and heavenly joy. Its the perfect ending to an album that sets its sights on a very specific target and nails it each and every time. We even get some reprises of Entropy and Fire Escape, just to tie the entire album together.

Even if these are familiar beats, Beach Bunny hit them all with a new level of confidence and self-assuredness that its impossible not to get swept up in the sing-along choruses and infectious blasts of energy. More than anything else, Emotional Creature is a damn fun ride, even when its trying to parse through anxiety and heartbreak. Thats the magic of great pop-punk, but Beach Bunny are finally transcending that limiting genre tag. Now and forever, Beach Bunny are making Beach Bunny music.

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Beach Bunny stay tried and true on 'Emotional Creature' - Far Out Magazine

Although Kristen Stewarts taste is constantly evolving, one thing is for certain: she always looks amazing on the red carpet. In the early years of her Twilight popularity, the actress wore candy-sweet skirts and gowns; a decade later, she wore utterly punk crop tops, Doc Martens, and flight suits. Whatever Kristen wears, she totally owns it.

In this photo, Kristen is sporting a sequin and glitter-covered minidress from Germanier that is fierce as hell. At the Los Angeles Charlies Angels premiere in 2019, the rainbow dress looked right at home on the red carpet and displayed her rock-hard abs through cuts around the waist. Its undoubtedly one of her best looks yet, complete with tousled hair and bold eyeliner. And to see more of Kristens incredible red carpet ensembles, all the way back to Twilight, scroll through this gallery!

Kristen Stewart sparkles in a multicolored crop top and white, silky, apron-style skirt for the Cannes Film Festival premiere of Crimes of the Future. She wore traditional heels and put her hair back in a sloppy ponytail.

On May 24, 2022, Kristen Stewart looks gorgeous in a red Chanel dress as she attends a photocall for her movie Crimes of the Future at the 75th Cannes Film Festival in France. She added stylish yellow sunglasses for a vintage touch and let her jacket unbuttoned to reveal some skin.

On March 27, Kristen Stewart dazzled in a long, lace dress with buttons up the front and down. She had a messy bun in her hair and a bow on the front of her dress.

Also Read: Kristen Stewart Proved Satin Dresses Were Made To Ease The Blues And Get Us Ready To Rock All Parties: See Pics Here

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Kristen Stewarts Boldest Looks On The Red Carpet Are Here - IWMBuzz

The iconic cover of T. Rexs 1972 album The Slider came with a famous photo credit: Ringo Starr.

The black and white image, which featured T. Rex frontman Marc Bolan in his Mad Hatter top hat, was taken at John Lennons Tittenhurst Park country home, an estate in Berkshire that was some 72 acres of land and a Georgian-style mansion. Starr and Boylan were friends, and the Beatles drummer was on hand directing Born to Boogie, a documentary and concert movie about T. Rex.

The photos that graced The Sliders front and back covers were said to have been taken by Starr while he was in the midst of shooting the documentary. However, Tony Visconti, who produced the album -- as well as notable releases by David Bowie, Thin Lizzy and more -- disputed the claim.

The cover credits Ringo Starr as the photographer of the front and back covers, when in fact Marc handed me his motorized Nikon and asked me to fire off two rolls of black and white film while we were on the set of Born To Boogie, Visconti insisted. Ringo, the director of the film, was busy all day lining up shots. But Marc apparently saw a photo 'credit' opportunity and gave Ringo the credit for the photos.

Starr, for his part, has never disputed the credit, recalling Bolan as a dear friend and insisting the cover art was his.

Released July 21, 1972, The Sliderreceived wide critical acclaim and remains a landmark glam rock album.

Bolan would die an untimely death in 1977 in a car crash two weeks before he turned 30. Starr remained a lifelong fan, and later inducted T. Rex into the Rock & Roll Hall of Fame. He was a great performer, just incredible. And thats why I called the film we did together Born to Boogie, because he really was, Starr said in his speech. I told Marc, Ill bring the camera and everything else, you just bring yourself.

From AC/DC to ZZ Top, from 'Bridge Over Troubled Water' to 'London Calling,' they're all here.

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The Iconic T. Rex Album Cover That Was Shot by a Beatle - Ultimate Classic Rock

Residents in Flagstaff brace for another round of potential flooding

Parts of Flagstaff are already ravaged by flash flooding, as a result of wildfires in recent years. As residents clean up from the last round, they are now preparing for a new round of flooding that could come this weekend. FOX 10's Marissa Sarbak reports.

FLAGSTAFF, Ariz. - As Flagstaff prepares for another round of flooding, they are still dealing with the aftermath of last weekend's storm.

"It's exhausting just to have the sandbags on site, but I know how important it is," said Cindy Wilson.

Wilson is placing hundreds of sandbags around her Flagstaff property. The sandbags are perfectly aligned to guide the water away from her house. It is something she hasn't had to do since flooding after the Shultz Fire in 2010.

"It's all about the angles," said Wilson. "You want to make sure that what you're doing is to move the water and not stop it, so, when we put barriers right up against our house, we're trying to stop it."

2022's monsoon season is already shaping up to be the worst Coconino County has seen in a decade, because the Pipeline Fire just re-burned the same area of the mountain as the Schultz Fire.

"When you get a very severe burn like that, you get a type of soil created called hydrophobic," said Lucinda Andreani with the Coconino County Flood Control District. "If you were to pour a glass of water on it, it would just run off it like you poured it on your kitchen counter."

There is no vegetation left to soak up the water, and 1.5in of rain that fell last weekend not only would not soak into the charred mountain, it began eroding away at it.

"That area up there, we call it an alluvial fan, or a fan. That has now unraveled. This is the result. All this rock. All this rock, debris has now come down," said Andreani.

Coconino County is working with some of the homeowners in Flagstaff to take the rocks that were deposited, move them, and use them in another area of the city that is also seeing erosion. However, if something is not done permanently, officials with the Coconino County Flood Control District say floods will continue to happen during every substantial rain in the next few years.

"There are 6ft to 10ft deep channels, and potentially through this season, they could grow to 25ft. That's what we saw after the Schultz Fire," said Andreani.

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Monsoon 2022: Flagstaff residents brace for new round of flooding as they clean up from recent flood - FOX 10 News Phoenix