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Business

What Are Other uses for NFTs

While the most popular—and expensive—NFT projects thus far are for visual art, there are many other use cases.

NFT owners will get access to the restaurant and various culinary, cultural, and social experiences. Not only that, they will be able to sell their access to other people who want to make a reservation. An event could create NFT-based digital tickets with beautiful commissioned artwork on each one.10 Feb 2022

We’re already seeing music NFTs gain in popularity. Jonathan Mann, who has been recording a new song each day for over 4,700 days in a row, is selling his video as NFTs. The popular band Kings of Leon sold lifetime access to VIP seats at their concerts. And musicians are doing this all while maintaining the rights to their own music.

NFTs can also be used to grant special access to online communities. Kevin Rose, the well-known investor and podcaster, recently sold 1,000 NFTs that gave owners access to his PROOF Collective community, a token-gated Discord group for serious NFT investors. Similarly, Invisible College, a learning organization I’m working on for crypto and web-curious builders and creators, is launching a collection of 10,000 NFTs called Decentraliens that will grant lifetime access to courses, events, programming, and the learning community.

Flyfish Club, founded by serial entrepreneur Gary Vaynerchuk, is a private dining club at a new sushi restaurant being built in New York City. NFT owners will get access to the restaurant and various culinary, cultural, and social experiences. Not only that, they will be able to sell their access to other people who want to make a reservation.

An event could create NFT-based digital tickets with beautiful commissioned artwork on each one. Instead of pinning them to a corkboard to display them in their house, fans could show them off as part of their online identities and prove that they were there. And depending on the event, they could even be sold to collectors, thus sending royalties that are split with both the event coordinator and the artist. Imagine if Arnold Skolnick, the designer who created the iconic art for the original Woodstock concert was still getting royalties for that work to this day.

The more you descend into the NFT rabbit hole, the more you realize how impactful they can be, especially as our lives become more and more tied to our online identities.

The future of NFTs

Like any new technology, it’s impossible to predict all the ways developers, creators, and businesses will utilize NFTs and their innovative underlying smart contracts.

We will almost certainly see NFTs used for tracking ownership of things like real estate, college degrees, professional licenses, event tickets, and countless other contracts that currently live on pieces of paper. All of those will take time to come to fruition. And in some cases, most people might not even know NFT technology is being used for them.

Ultimately, the limit to what is possible with NFTs is up to our imagination

find nft creater malaysia

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Blog Business

The MLM Software Malaysia Impact In Online Business?

The mlm software Malaysia is known for many things, but the only platform where it thrives to be successful, popular, famous and even demanded by people is through online platforms. The mlm software Malaysia is capable of many things when it comes to online business. Therefore, in this article we are going to talk about the mlm software Malaysia’s advantages and also the reason as to why it is considered to be very beneficial to people in the online business industry as well.

Overview Of MLM Software Malaysia

The MLM software Malaysia is actually a tool which has been used by many companies and in their affiliate marketing industry. The way the mlm software Malaysia works is by assisting people in their online business activity in managing many aspect of the business, which can be listed down as:

MLM Software Malaysia
  • Sales reports
  • Payment process
  • Integration of apps or website
  • E-commerce integration
  • Recording and storing information regarding the buyer, customer.
  • Producing invoice or resits for customers
  • Helps in checking the shipment process.
  • Updates the customers with the shipment status.
  • Keep track of logistics.
  • Produce reports with the help of stored and recorded information.
  • Manages the workflow of the business.
  • Key in data and important details of the business.
  • Voucher process
  • Enables the different types of payment methods which can vary due to currency.

The Advantages Of Businesses Using This MLM Software Malaysia

Since the mlm software Malaysia is specifically focused on online business, many of these businesses have definitely reaped the profit and benefits of using this tool. The affiliate marketing especially is one of the many marketing industries that has successfully come into fruition in using these mlm software Malaysia. Here are some of the most common advantages and aftermath of utilizing the tool.

  • Works are well organized.
  • Don’t need labor or manpower to help with the work process.
  • Able to avoid human error when it comes to recording details, and information with the help of the MLM software Malaysia program
  • Easy and fast to generate information.
  • The program can only be accessed by authorized users only who hold the password to the mlm software Malaysia.
  • Handy when it comes to use.
  • The mlm software Malaysia can be used anywhere at your own convenience, due to its accessibility.
MLM Software Malaysia

Things That An Average MLM Software Malaysia Should Be Capable Of Doing

For sure, regardless of its use, the mlm software Malaysia should be tested in its average level of use in a company, organization or even in an enterprise. Why? It’s simple, most of the time mlm software Malaysia needs to be purchase in order to enable certain features to operate in facilitating an online business, yet there are always certain things that many people fail to know that, the mlm software Malaysia is able to provide a normal or moderate level of assistance in an online business, and those are:

  • Graphical representation.
  • Supports MLM customized plans or packages.
  • E-wallet management.
  • Commission management
  • Voucher processing
  • Reports management/ producing
  • Payout management.
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Business

Malaysia Forex Brokers Review: FX Access

If you google online, you can find so many forex brokers reviews in Malaysia. Forex broker is not an alien thing anymore. The human species nowadays is constantly bringing new things like new careers, new inventions, and more. Being a forex broker is one of the topics that people are talking about right now. Some people tried it and succeed, while others, not so lucky. Like every other job, becoming a forex broker does come with requirements of some skills for you to actually succeed. But, to be exact, all the trading and broker has already existed in the history lane once ago.

It does not pop up like network marketing. The history of currency trading started with the Greeks and Egyptians. They are among the first who started it. They trade silver and gold coins. By using the weight and sizes, they determined their value. Then during the Middle Ages, copper becomes the most used element for minting coins. Then the world’s oldest bank, Monte Dei Paschi was built around that time. Then the first forex existed about 500 years ago. Then the free trade currency started to happen. In 1875, the Gold Standart was established with the purpose of guaranteeing the value of a currency.  By 1913, trading firms started to grow in London. At that time, half of all the Forex transactions are in Pound Sterling. In 2013, the Pound Sterling was the 4th most traded currency in the world. The other three were the US-Dollar, the EURO, and the Japanese Yen and now, the Forex market is the largest market worldwide. 

malaysia forex brokers review

As for now, there is a lot of forex brokers review in Malaysia, though the visibility is not as powerful as now. Many have started to see the potential of forex brokers in Malaysia. People slowly stepping into the FX world. But be aware as being a forex broker does require you to learn and be well-equipped with important skill sets. Without the right skill and mindset, you will not go anywhere. The game in forex trading is face-paced, full of high-risk investments. Hence, making a profit is not as easy as it seems, yet it does not make it impossible. In Malaysia, there are some that are a bit skeptical about the authentication of the forex broker. 

This is why FX Access is here to help you. They already formed a list of the forex broker reviews in Malaysia. They are among the best and more than capable to help you step into the door into the world of foreign exchange. Not only they will help you with financial security but also help you achieve wealth. There are some people who are scared to even begin. If you have zero experience in forex trading, it is not a big problem. It is never too late to start. Many of FX Access brokers started as just beginner and now they are professional and ready to help other like you thrive and succeed. Remember, there is no room for fear if you want to achieve triumph. FX Access, not only the place of forex brokers review in Malaysia but also your platform to thrive in the FX world.  Be better with FX Access.  

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Business

SSM ON SMALL BUSINESSES

The establishment of Suruhanjaya Syarikat Malaysia or popularly known as SSM has meant a great deal to businesses and companies. Although already a very organized country in terms of procedures, SSM further added to the efficiency of registrations, incorporations and the overall compliances in the business industry. As SSM becomes the central and only agency for all corporate registrations and related transactions, more companies, from small to big enterprises, are encouraged to pursue and start their venture in Malaysia. This efficiency also contributes to the promotion of business ownership in Malaysia.

For small to medium businesses, the prospect of opening a company may seem daunting and impossible. With little to zero idea on the processes and requirements, just thinking of who to deal with, then the payment of fees to the rest of the processing will seem impossible to start-ups. But all these are a thing of the past, with the creation and the corresponding government mandate of SSM, everything there is to know about having a business in Malaysia is available in their website. Though not its main intent, the establishment of SSM has benefited and encouraged small businesses in Malaysia. To illustrate, here are a few ways SSM has made operating a business a doable goal.

1. Business based fees

SSM fees cover all types of businesses and companies. And, with this broad coverage, it is not surprising that SSM procedures and processes are matched to the size and scope of businesses.  An example of this is SSM’s implementation of business-based fees. It will be unreasonable for any agency to charge across the board fees for varying industries and sizes of business. In simpler terms, the fees for multinational companies will be an unreasonable fee to charge to small businesses. Hence, to address this, the business-based fees were implemented instead.

2. Availability of offline and online registration

Business registration connotes a tedious and time consuming endeavor. Big companies may see this task as a normal and routinary requirement that can be done by one of their numerous employees. However, for smaller businesses or for sole proprietors, business registration is a hurdle. This is not the case now, because of the availability of the online and offline options in the SSM Registration form, the hurdle before becomes a smaller speed bump that is easier to conquer. With SSM offices located in key locations and as the online processes improving significantly, applications are much easier to process and complete. Thus, even individual business owners are encouraged to register.

3. Audit Exemptions

Another prospect most business frown over is the annual auditing of accounts. It is not that companies have something to hide, but aside from the cost of hiring auditors, an annual audit seems a waste if a small company with basic general ledgers and accounts is able and competent to prepare its own accounting books. Consequently, as a measure to address this, SSM has implemented a directive to exempt certain private companies that meet specific criteria.

Registration in SSM is government-mandated in Malaysia. And because of this businesses are required to transact and process with SSM. Fortunately, with the improvements made by SSM, the task of registering and complying has never been easier. As a result, more and more companies, regardless of size, are encouraged to register and open up ventures.