lawrenceroman.eth

@lawrenceroman

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654 Followers

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lawrenceroman.eth

How tech is powering the art market’s expansion into luxury, finance and science. Three years on from the NFT explosion, growth in new markets continues https://www.theartnewspaper.com/2024/09/16/how-the-digital-art-world-is-finding-new-ways-to-expand-into-the-mainstream

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It’s not that simple. I’m not defending the extremely high margins on some luxury products like Balenciaga, but the reality is there are many hidden costs for the Nike & Apple of the world that customers never see and factories never bear. One of the biggest expenses in the P&L is retail real estate. example, a Nike flagship store can easily pay over $50K per month in rent; even outside major cities. In major cities, that number can exceed $100K, all to maintain brand presence. The same applies to Apple. Retail operations are a core part of the brand and represent a significant share of total expenses. What these factories ads on TikTok create is short term chaos none long term solution lol … people will flock to them and many will be disappointed.. not saying everyone Flocking towards shiny new toy will automatically result on a rug lol sorry I’m digressing 😂😎

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Many wanna champion decentralization and democracy until it talks back and or doesn’t align w their views. One of the many takeaways from this past week where I had a lot of great conversations about something that has been moving slowly decentralized and gaining some traction lately as we get more people onboard. Many people are still not ready for decentralization. Bad thing for them is decentralization is the way.

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I recently read this "If you don't organize around real time trends + community you won't have a business in 3 years" this was meant towards western fashion brands but had me thinking: As we move toward that future, we’re in a constant race with technology. As AI advances and replaces human labor, especially in creative fields, individuals must find their tribes to stay connected and not only relevant but also inspire. Prada certainly didn’t need Versace! specially not for $1.2billion. The only path to profit would be to cheapen the brand, taking it further upscale would likely mean reporting losses for years; which could be another capital loss deduction play, I said another si ne we just saw Elon eliminate $11 billions of of X for a capital loss deduction but acquiring Versace makes the Prada tribe bigger. What’s your tribe?

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The rapid research and development of AI is accelerating the race for humans to become the ancestors of humanoids.

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So great for him! I had him all along! The Golf Gods were @ Augusta today! @bracky show me the money! 😎

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Hey @bracky, let's trade The Masters… ⛳

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Happy Sunday to the FCers Vanguard! Formerly: The 37FCers

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Happy Sunday FCers! Who knew Beastie was an acronym? Intergalactic Beastie Boys https://youtu.be/qORYO0atB6g?si=TjYLKh7d6g4wFKcK

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Se il vino non fosse una cosa importante Gesu Cristo non gli avrebbe dedicato il Primo miracolo.

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Sobremesa is a Spanish word that refers to the time spent sitting around the table and chatting after a meal, especially lunch or dinner. It’s a cultural tradition in many Spanish-speaking countries where people relax, talk, and enjoy each other’s company after eating, rather than rushing away.

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Hey @bracky, what's the market like? ⛳

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It’s good to have friends that cook, are walking distance, and like hosting! 😂 @ thierrylanglais

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Hey @bracky, what's the market like? ⛳

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Forgot the QC w the instructions /golf

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@tldr cooking sumthng special w /golf Hey @bracky , what's The Masters' market like? ⛳

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Insightful TED talk! It reminds me I’ve seen “the social dilemma” and “the great hack” both I highly recommend for every parent to see.

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Gonna start using Brave again. Interesting to see where Firefox & Chrome are standing on this chart. Thoughts anyone?

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gm gm! Saturday morning reading! Or listening to some!

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