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TATA Motor earns Money from which country

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 16 Feb 2023 14:25:00 +0530

How Nestle Earns Its Money

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 9 Feb 2023 14:12:00 +0530

Old Tax or New Tax regime which one is better ?

mailwithvinay@gmail.com (Vinay Sharma) — Tue, 7 Feb 2023 18:34:00 +0530

Finance Minister Nirmala Sitharaman has revamped the new income tax regime and announced new income tax slabs for 2023 - 2024. The total number of income tax slabs under the new tax regime have been reduced to five instead of 6 and the tax slabs have been revised as well. In a big cheer for the salaried taxpayers, standard deduction has also been included in the new tax regime. Additionally, the rebate limit has been hiked to Rs 7 lakh instead of Rs 5 lakh. This means that if a salaried individual is earning up to Rs 7 lakh, he will not have to pay any income tax.

So which income tax regime should you opt for? The table below analyses the income tax outgo in the existing regular income tax regime, the current concessional income tax regime, and the new income tax regime announced by FM Sitharaman in Budget 2023

#IncomeTax #NewTaxRegime #OldTaxRegime #BudgetWithvinay #Budget2023 #UnionBudget #UnionBudget20223 #NirmalaSitharaman

Who owns NYKAA

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 2 Feb 2023 14:10:00 +0530

Blockchain Gaming: The Next Big Thing In The Gaming World?

mailwithvinay@gmail.com (Vinay Sharma) — Mon, 30 Jan 2023 15:28:00 +0530

2021 may be looked back upon as the defining year for blockchain gaming. The paradigm grew leaps and bounds over the past 12 months with concepts like play-to-earn taking centre stage in its rise to fame.

Blockchain games have been known to build on the groundwork laid down by traditional games with a decentralized twist. This allows them to combine gaming with asset ownership.

In fact, blockchain gaming’s innate ability to allow players to play and earn assets of real-world value has led many to believe that it is the future of gaming. We’ll explore this claim in detail with this blog.

What’s Blockchain Gaming?

Traditional games or AAA games as they’re popularly called, have a centralized way of functioning. An AAA game’s code can’t be replicated and the publisher sandboxes in-game assets.

The implication of this is simple - players can’t use in-game assets outside the game’s world. Blockchain games on the other hand are decentralized and allow players to earn digital assets that have value.

Digital assets in this case could mean cryptocurrencies that are native to the blockchain game or a commonly used third-party token like Dogecoin or Ethereum.

Many blockchain games also allow players to earn digital assets in the form of NFTs, which can be traded, exchanged, or stored in a crypto wallet while some even let players use the NFTs across multiple games.

These digital assets have a real-world value that adds an extra layer of incentive to play blockchain games. Furthermore, crypto games have clearly defined tokenomics along with immersive gameplay.

Features like these make blockchain games a force to be reckoned with, so much so that traditional publishers like Ubisoft and EA have expressed strong interest in entering the domain of blockchain gaming.

However popular a new paradigm may be, it can’t sustain itself purely on claims. In this regard, blockchain gaming has signalled seriousness with various crypto games being funded by well known VCs and investors.

Companies Funding Blockchain Gaming & Developers

Blockchain gaming may be a new concept but it has already garnered investments of more than $4 billion in 2021. In contrast, blockchain gaming only saw a little over $85 million in funding in 2020.

Traditional entities and avenues like Venture Capitalists (VCs) have contributed more than $4.5 billion in funding to blockchain gaming whereas ICOs and token sales have contributed $881 million.

Game/Developer	Funding	Investor(s)
Forte	$900 million	Andreessen Horowitz, Sea Capital, Griffin Gaming
Sorare	$780 million	Softbank, Atomico, Bessemer, Seven Seven Six
Dapper Labs	$600 million	Animoca Brands, Coinbase, Andreessen Horowitz
Mythical Games	$270 million	Galaxy Digital, Hashed, Andreessen Horowitz
Animoca Brands	$220 million	Hashed, Coinbase

Blockchain gaming has well and truly captured the imagination and funding of many. They’ve also encouraged crypto gamers to view blockchain gaming as a viable alternative to traditional games.

Blockchain Gaming Market Growth And Future Trends

You can’t end this blog without examining the future of blockchain gaming and the trends that may follow. Here, we’ll walk you through the three top trends that may emerge from the rise of blockchain gaming.

1. Market Share Growth

The gaming industry is pipped to grow by 50% to $268.8 billion by 2025. Furthermore, the blockchain industry is expected to grow to $67.4 billion by 2026.

Blockchain gaming sits at the intersection between these two industries, which may give it the unique advantage of growing tenfold over the coming years.

2. Integration With The Metaverse

The metaverse as a concept has gained a lot of popularity over the past few months. It’s a supposed virtual place where regular people can live their day to day lives using a digital avatar.

Certain blockchain games have already built their own version of the metaverse where people can indeed trade assets, own land, attend concerts, and more.

This makes blockchain gaming one of the frontrunners to be a crucial part of the metaverse. More importantly, it allows blockchain games to be more than just “fun”, but rather a viable way to earn money.

3. Potential Income Avenue

Play-to-earn or GameFi is a model that most blockchain games follow. The concept is simple - you play the game to complete a task for which you get paid in cryptocurrency or NFTs.

This has two implications. One, it allows crypto gamers to become creators and two, playing games can become a lucrative source of income, especially if the game’s token of NFTs have significant value.

Conclusion

The blockchain gaming industry is rapidly becoming one of the faces of Web 3.0 with the likes of Axie Infinity creating immersive experiences with the possibility of earning lucrative rewards as crypto and NFTs.

Only time will tell whether blockchain gaming can evolve and enable new paradigms regularly to garner more investments. But as it stands, major game publishers are interested in blockchain technology.

This may be good news for crypto game enthusiasts and developers because increased competition means the possibility of better tech, experiences, and functionality of games.

However, there are still several kinks to be ironed out before mass adoption becomes a real possibility for blockchain gaming - it is still a regulatory grey area that’s open to security concerns.

Top Blockchain Gaming Cryptocurrencies

Here’s a list of the top blockchain gaming cryptocurrencies by market capitalization.

Name	Token	Market Cap
Decentraland	MANA	$6.18 billion
Axie Infinity	AXS	$6.00 billion
The Sandbox	SAND	$5.45 billion
Gala	GALA	$3.30 billion
Enjin Coin	ENJ	$2.36 billion
WAX	WAXP	$842.71 million
BORA	BORA	$812.24 million
Ultra	UOS	$463.28 million
Chromia	CHR	$417.87 million
MyNeighborAlice	ALICE	$396.95 million

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Note: Facts & figures are true as of 29-12-2021. None of the information shared here is to be construed as investment advice. Exercise caution when investing in unregulated assets like cryptocurrency.

Who owns ZOMATO

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 26 Jan 2023 14:09:00 +0530

Who owns Zepto

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 19 Jan 2023 14:08:00 +0530

What Is The Metaverse: igin, Platforms, Future, Warnings?

mailwithvinay@gmail.com (Vinay Sharma) — Mon, 16 Jan 2023 16:07:00 +0530

Facebook recently announced one of the biggest brand pivots in recent history by rebranding to “Meta”, a name derived from the term “metaverse” popularized by sci-fi novels, games, and movies.

Since then, almost everyone from across the world wants to know the meaning of the metaverse and more importantly, the implications that it might have on human interactions (looking at you, The Matrix).

While the concept of the metaverse may seem like fiction, it is in fact a possible reality grounded in existing technology like Virtual Reality, Augmented Reality, Holograms, and more.

Meta CEO Mark Zuckerberg believes that the metaverse will effectively replace the internet. But what is it all about? Let’s find out with this blog that’ll explain the metaverse in simple words.

What Is The Metaverse?

The metaverse is a virtual world where you can live a synchronous life through your avatar. Think of it as a game but instead of bringing down mob bosses and zombies, you’ll be engaging in real-life activities.

These activities could include attending meetings, catching up with friends, attending music festivals, going door to door selling digital collectables, or buying and selling land, apartments, assets, and more.

Truth is, the possibilities are endless as, at its core, the metaverse is dubbed as a convenient solution for real-world problems. This also has the potential to bridge the gap between the offline and online world.

All of this is made possible through evolving technology like:

VR Headsets: wearable tech that lets you live inside a universe (metaverse) and interact with its elements
Augmented Reality: virtual objects and elements placed in the real world (for example, Pokemon Go)
Holograms: images that are beamed from a device with persons or objects seeming present and moving in real-time

At this point, the most interesting question to ask would be where and how the term metaverse emerged. Turns out, the origin story of metaverse the word is just as interesting as the concept itself!

What Is The Origin Of Metaverse?

Believe it or not, the term metaverse originated back in 1992 courtesy of writer Neal Stephenson. In his novel “Snow Crash”, Stephenson explains the metaverse as a virtual place where people interact with digital avatars.

The novel basically combines “meta” and “universe” to arrive at the term “metaverse”. But the evolution of the meaning and scope of the metaverse didn’t stop in 1992.

After that, virtual interactive worlds or early metaverses have been introduced primarily in video games with releases like Second Life, The Sims, and more recently with GTA V, Fortnite, and others.

Another representation of the metaverse in pop culture is the central plot of the movie, “Ready Player One”. Currently, the metaverse is being turned into a reality by a handful of companies.

Which Companies Are Working On The Metaverse?

There are anywhere between 10 to 100+ companies currently building a version or feature of the metaverse. We’ve listed down some of these companies (in no particular order).

1. Microsoft

Mesh is Microsoft’s gateway into the metaverse. It’s a virtual collaboration space for Teams, which will allow employees to use online avatars to interact and engage with each other during meetings.

2. Apple

Apple has been known to establish itself as a pioneer and adopter of emerging tech. Carrying on the tradition, reports suggest that Apple is developing AR/VR headsets that will allow them to enter the metaverse.

3. Meta (Facebook)

Meta (formerly known as Facebook) believes that the future is the metaverse and is working towards developing digital solutions for everything between work and play.

4. Nvidia

Nvidia’s Omniverse Enterprise is laying the foundational groundwork for crucial metaverse features and concepts, albeit without building a metaverse itself.

5. Epic Games

The hugely popular video game Fortnite built by Epic Games is known to contain one of the best “starter packs” for creating a tall and wide metaverse of its own.

6. Decentraland

The metaverse has been at the core of Decentraland since its inception in 2017. It is a virtual world where you can own a piece of real estate. Recently, a plot of real estate was sold for $2.4 million in Decentraland.

7. Roblox

Roblox is perhaps one of the best-placed metaverse companies as it contains a store of user-generated games in a virtual world where people can build, create, and interact.

8. Minecraft

Microsoft’s Minecraft is another custom virtual world-building game that’s positioned to be a strong front runner for either building or contributing essential concepts of the metaverse.

9. Niantic

Pokemon Go was a revolutionary AR game that was launched in 2016 by Niantic. It has displayed the ability to bridge the gap between the virtual and real world, a concept pivotal to the success of the metaverse.

10. Chipotle Mexican Grill

Chipotle Mexican Grill expanded the horizon of traditional marketing with a free Halloween “boorito” giveaway in its virtual store in the world of Roblox to customers who visited with their digital avatars.

Are The Metaverse And Web 3 The Same Thing?

It’d be easy to confuse the metaverse with Web3 because of the fully digital nature of cryptocurrencies, NFTs, and others. But that’s not the best way to look at the metaverse because of two reasons:

It’s still at the ideation stage - we don’t know what the metaverse would look or feel like
It doesn’t necessarily solve the deficiencies of Web 2 like decentralized blockchain technology does

That said, cryptocurrencies, NFTs, and NFT gaming may have an important part to play within the metaverse given their ability to ensure privacy, trust, and above all, decentralization in a virtual environment.

What Are The Concerns Surrounding The Metaverse?

The fact that the metaverse is a very, very nascent concept with extremely wide possibilities poses philosophical concerns. For example, human interaction will be reduced to avatars in a virtual world.

Continuous digitization has been known to reduce empathy among humans. This virtual metaverse world, seen to be devoid of social cues and regular human emotions, may open the door to even less empathy.

Apart from subjective philosophical concerns, there are concrete issues emerging from existing, real-world problems. The top three of these are listed below.

1. Data Privacy & Security

Multiple proponents of the metaverse like Meta have been less than stellar gatekeepers of user data. The robust user data access that these metaverse companies may have could pose a genuine concern.

2. Monopoly & Centralization

One of the main deficiencies of Web 2 is centralization and monopoly, a core problem that Web 3 is trying to solve. It remains to be seen whether these monopoly concerns float over to the metaverse.

3. Tracking (Physical & Virtual)

If it’s measurable, it can be tracked. This problem is a genuine by-product of what certain metaverse technologies like wearable gear are knowingly or unknowingly looking to build.

What Is The Future Of The Metaverse?

The metaverse can be explained as a bridge between the virtual and the real world. It is one of the most exciting concepts that could become a reality in the 21st century, but it is currently forward-looking.

The idea is currently being shaped by various companies in conjunction with Web 3 technologies like cryptocurrencies and NFTs that can encourage a creator economy on the metaverse.

All in all, the metaverse has given rise to endless possibilities for work and play. But the coming decade will tell whether it’s truly revolutionary or a Web 2 monopoly transferred into virtual reality.

FAQs About The Metaverse

Q. How Do You Explain The Metaverse?

The metaverse is a digital world where humans can interact with each other. The interactions will happen with the help of digital avatars, the internet, and Web 3.0 technology like cryptocurrencies.

Q. Is The Metaverse Possible?

Many web 3.0 platforms like Axie Infinity have already laid the groundwork for the metaverse. In fact, Facebook Inc rebranded to Meta just to make the metaverse possible. While the concept of the metaverse is exciting, there's still a long way to go before it can materialize into a thriving and life-like world.

Q. Where Did The Term Metaverse Originate?

The metaverse seems like an idea straight out of a dystopian novel. Well, it is. The origins of the metaverse can be tracked back to 1992 with Neal Stephenson's dystopian novel “Snow Crash”.

Note: Facts & figures are true as of 23-12-2021. None of the information shared here is to be construed as investment advice. Exercise caution when investing in unregulated assets like cryptocurrency.

Who owns TATA MOTORS

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 12 Jan 2023 14:05:00 +0530

Who owns Unacademy

mailwithvinay@gmail.com (Vinay Sharma) — Thu, 5 Jan 2023 14:04:00 +0530