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NFT sales almost equalled all global art sales in 2021

Nearly a year ago, in February 2021, we wrote that the NFT market was gaining momentum after having already tripled in value the year prior, notching ~$250 million in sales, per a report from NonFungible.com.

In 2021? Almost $41 billion worth of Ethereum-based NFTs were sold, according to Chainalysis research cited by the Financial Times. In 2021, the global art market was worth ~$50 billion, per UBS.

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AI: Different Ways it is Driving Hopes of Humankind’s Success

We humans have always been chasing technology and advancements. From landing on the moon to flying to space and discovering extinct species’ DNA– all these innovations and experiments are somehow or the other either directly or indirectly dependent upon artificial intelligence. AI in simpler terms can be even called as the driving force of mankind. We must accept the fact that this is just the beginning to where artificial intelligence could take us.

With an immense scope in research and experimentation, scientists and researchers are inventing new techniques and methods every second, every minute, every day to discover and unleash more and more secrets in the vast spectrum of science, technology, IT, cloud, data, ML, NLP, robotics, AR, VR etc.

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Machine Learning: The Importance of Artificial Intelligence for Additive Manufacturing

For many companies, digitization and automation are the keys to the further development of additive manufacturing. Thus, more and more manufacturers are relying on cloud-based solutions and integrating various algorithms into their 3D printing solutions in order to exploit the full potential of the technology. As a digital process itself, 3D printing is part of Industry 4.0 and thus an important component of an era in which artificial intelligence, such as machine learning, is increasingly being used to optimize the value chain. Artificial intelligence (AI) is able to process a large amount of complex data in a very short time, which is why it is becoming increasingly important as a decision-maker. We explain what machine learning is and why this form of AI is helping to shape the future of additive manufacturing.

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A Visual Guide to Profile Picture NFTs

How do you represent yourself on social media? For most people it’s a selfie, a photo with their friends, or a picture of their pet—but what about a digitally-created character?

Profile picture NFTs are pieces of digital artwork that people use to express themselves online. Each item is a depiction of a character’s face, and has a unique mix of attributes that gives it a sense of collectability.

Like other NFTs, they’re secured on a blockchain and can be bought and sold for cryptocurrency. And while there’s nothing to stop you from screenshotting an NFT and using it for your own profile, the market for these items continues to grow.

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Top AI in Business Trends to Look Out For in 2022

Artificial intelligence is thriving in all kinds of businesses in the last few years. There have been multiple speculations about business trends in 2022 with the integration of AI in business. Trends of AI in business are essential to know for business owners to drive higher revenues with better customer engagement while gaining a competitive edge. Thus, let’s get to know about some of the top AI in business trends to look out for in 2022. 

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A Promising Future for Biotech

Going into its third year, the coronavirus pandemic has affected the market in a myriad of ways: record initial public offerings (IPOs), an exponential increase in retail investors and a new spotlight on the biotechnology sector. Despite an initial bubble in valuation for biotech stocks, the intense focus brought on by the coronavirus pandemic has brought the sector into the mainstream with a promising outlook. Many large-cap biotech companies saw gains and continued investment in vaccines and gene-editing, and biotech continue to garner interest from investors. To make sense of the current biotech market, Nasdaq held its annual Biotechnology forum to expand on the sector’s performance.

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The Biggest European Biotech News of 2021

The year 2021 has seen skyrocketing fortunes for many European biotech players. Investment firms, for instance, raised far more funding than in 2020, which was already a record year on its own. Large funding rounds are becoming commonplace for private biotechs, with examples including a €130M (£100M) Series C financing from the UK oncology firm Artios Pharma and a €143M ($165M) Series C cash infusion from the French DNA manufacturer DNA Script.

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