The Future of Commerce - Issue #179
Emerging
PayPal’s Crypto Products Coming to the UK in Months — www.coindesk.com The U.K. will be the first market outside the U.S. for PayPal's crypto products.
A beginner's guide to NFTs — linda.mirror.xyz Non-fungible token (NFT) is a term used to describe a unique digital asset whose ownership is tracked on a blockchain, such as Ethereum. Assets that can be represented as NFTs range from digital goods, such as items that exist within virtual worlds, to claims on physical assets such as clothing items or real estate. In the coming years, we will see NFTs used to unlock entirely new use cases that are only made possible by crypto.
Business/Marketing/Adv
Coca-Cola company trials first paper bottle — www.bbc.com The test is first step towards all-paper bottle that can withstand pressure from fizzy drinks.
Sotheby’s and Saatchi Art show augmented reality’s growing usefulness to art world — digiday.com
Sotheby’s auctioned off Botticelli’s Portrait of a Young Man Holding a Roundel for $92m on Thursday. But before it did, the auction house gave everyone the chance to virtually hang the artwork on their walls.
Interestingness
An Inside Look at Louis Vuitton's First Ever Restaurant and Café — hypebeast.com
The shift to more experiential placemaking and becoming leisure downtime spaces along with purchasing.
Want More Loyal Customers? Offer a Community, Not Rewards. — hbr.org
True loyalty is emotional and irrational and leads to customers feeling like they’re part of an exclusive membership group which then leads them to become loyal subscribers or consumer network participants.
Wellness
‘Zoom fatigue’ is taxing the brain. Here's why that happens. Video calls seemed an elegant solution to remote work, but they wear on the psyche in complicated ways.
Spotify will let employees work from anywhere after the pandemic — www.cnbc.com Spotify is the latest tech company to shift to a flexible work model following the Covid-19 pandemic.
Salesforce declares the 9-to-5 workday dead, will let employees work remotely from now on — www.theverge.com
It will let any employee work from home remotely indefinitely and also give employees more freedom over what their daily schedules look like.
Platform News
Shopify Expands Its Checkout System to Facebook and Instagram — www.wsj.com Shopify, a commerce platform for businesses, is bringing its checkout and payment processing system, Shop Pay, to some Facebook platforms.
Facebook Is Said to Be Building a Product to Compete With Clubhouse — www.nytimes.com The social network, which has a history of cloning its competitors, has started working on an audio chat product.