SmartMoney_BusinessNews

2022-06-12 09:02:02 Where Most NFT Users Live

Non-fungible tokens, or NFTs, gained significant traction among certain East and Southeast Asian countries in 2021, including Thailand, China and Vietnam, according to the Statista Digital Economy Compass 2022.

As our chart shows, Thailand took the lead as the country with the highest number of NFT users in the world in 2021, with a total of 5.65 million users

Financial experts, however, warn against over relying on NFTs, as there is little basis for their valuation since they are bought and sold based on speculation and hype

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2022-06-11 15:00:51 The Influence of Influencers

Most people trust the opinion of their social circle when making purchasing decisions

As data from the Statista Global Consumer Survey shows, many also trust the friendly people who freely share their lives with us on social media and at least feel like our acquaintances: influencers.

Influencers currently yield the biggest power over people’s purchasing decisions in Brazil, China and India, according to the survey which is representative of the countries’ online populations

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2022-06-05 21:44:20 European venture capital investment trend maintains momentum

Venture investment into European startups reached $29.8 billion in the first quarter of 2022 — the second-highest quarter on record for the continent’s startups Open / Comment

2022-06-05 21:44:20 Funding for Asian startups rises even as dollar drops

Even as total venture dollar amounts dipped in Asia in the first quarter, as it did in most areas, it was a list of the usual suspects that led the way in investing in the region.

Tiger Global, Sequoia Capital India and Sequoia Capital China participated in the most rounds during the first quarter, according to Crunchbase data Open / Comment

2022-06-05 21:44:20 Cybersecurity Funding Remains High

Venture dollars invested into cyber startups hit almost $6 billion in the first quarter

That marks a nearly 50 percent increase from the first quarter of last year.

The numbers likely do not come as a surprise to those who follow the market.

Cybersecurity funding has been on the rise for years as new hacks and breaches seem to occur daily Open / Comment