Did you know that Kanye West only got 22% of royalties for his 6th album Yeezus? In general, musicians and artists only get a fraction of the value they create. NFTs are a perfect way for artists to reach fans directly and get a bigger cut of the profits.
Not all is well though! Stocks are on track for their worst month since April 2020. GDP numbers suggest the US economy actually contracted last quarter. So, the 100 trillion dollar question is are we in a correction? DDI contributor Amit Garg argues that the 30% YoY decline in Series A funding for startups might just be an early indication that yes, the correction is coming, and cash is … prince.
How can fans directly invest in musicians using NFTs? Is there a correction on the horizon? Can economists develop a theory of artificial intelligence explosions? These are just some of the questions probed in this week’s DDIntel.
According to one DDI contributor, Russia’s aggressive, but stalled invasion of Ukraine should give the Chinese government pause about doing the same in Taiwan. ESG investing can be valuable for society and your finances, but be sure to look for red flags. And finally, is it possible that Charlie Munger is too pessimistic for the future? We sure hope so! In this issue of DDIntel, we highlight 6 top DDI articles.
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