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How do you assess the value of an NFT?

Understanding the valuation matrix There is no rule book on how to assess an NFT valuation. The metrics you use for evaluating private companies or conventional investment vehicles such as shares are simply not applicable to NFTs. Usually, the payment rolled out by the last buyer gives some indication of the value. For NFTs, however, it is hard to guess what the next buyer might pay, depending on their estimates. Most buyers lack the skills to ascertain the value of NFTs logically and base their quotes on guesswork. For sellers too, it is hard to determine what they might end up receiving for the tokens they hold. Over time, the value of NFTs is driven by a perception over which both buyers and sellers may lack any control. An example can bring home the point even better. An artwork NFT mi...

BMW launches new flagship iX electric SUV with 300 miles of range

BMW unveiled its next electric vehicle, the iX SUV, with 300 miles of range and gorgeous minimal interior. The iX is BMW’s technological flagship, meaning it incorporates multiple technologies that will be featured in the German automaker’s upcoming vehicles, mainly electric powertrain and driver interface. The BMW iX will be the first vehicle to feature the automaker’s fifth-generation scalable EV technology, which means it can be adjusted to accommodate vehicles of different sizes and utility. The BMW iX will go into production at the company’s Dingolfing factory, located in Southern Bavaria, Germany, in the second half of 2021 and is scheduled to arrive on US shores in early 2022. BMW didn’t reveal the size of the iX’s battery but says it will be capable of adding 75 miles for every 10 ...

Aston Villa interested in signing Liverpool youngster

Aston Villa are interested in signing the Liverpool youngster Rhian Brewster this summer. The 20-year-old striker was on loan at Swansea City last season and he managed to score 11 goals for them. Brewster needs to leave the club in order to play regular first-team football and it will be interesting to see if the likes of Villa can agree on a fee with Liverpool in the coming weeks. According to Independent, Sheffield United are keen on signing the young striker as well and they have already spoken to the Reds regarding a move. Liverpool value the young striker at £25 million and they are hoping to insert a buy-back clause in the contract if Brewster is sold this summer. Such a deal would be ideal for Liverpool as it would allow the player to develop with the regular first-team football el...

Former LASIMRA chief dies of coronavirus in Lagos

Immediate past General Manager of the Lagos State Infrastructure Maintenance and Regulatory Agency, LASIMRA, Chief Jide Odekunle, during the administration of Governor Akinwunmi Ambode in Lagos State is dead. He was said to have died at age 53 of COVID-19 complications. A top government official who confirmed this to Vanguard said late Odekunle died of COVID-19 complications at the Onikan isolation centre. The source also stated that his death came as a rude shock to his family and friends in the state. Odekunle was a 1989 computer science graduate of the University of Ibadan. He had a distinguished career in sales and marketing and held senior management positions in several multinationals including Schlumberger Omnes, GS Telecom, Suburban Telecom, Nera Microwave and Ceragon Networks. He ...