CBX Daily 12/18/2023

Author

Darion Curtis
December 18, 2023

Today the acupuncture market is on fire, but let’s start with global sports icon hit with a major NFT lawsuit…

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Under Fire: Cristiano Ronaldo Faces $1 Billion NFT Lawsuit 

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Recent developments suggest that not all non-fungible token (NFT) projects have proven to be secure investments. Legal proceedings are underway as disgruntled investors target celebrities associated with NFT projects that have failed to deliver on promises. The latest global sports icon to be hit with a $1 billion NFT lawsuit is soccer star Cristiano Ronaldo, one of the wealthiest athletes, over his involvement in Binance CR7 NFT ads.

Black People Can Make A Point In The $25 Billion Acupuncture Market

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Acupuncture is a practice that more people are looking to as a tool to prevent illnesses, maintain good health and relieve strains. The global alternative medicine market is expected to generate a revenue of over $200 billion by 2026. Specifically, the acupuncture market alone is expected to reach $25 billion by the end of 2023. Becoming an acupuncturist takes a masters degree and a NCCAOM (National Certification Commission for Acupuncture and Oriental Medicine) certification. After that you can open a small acupuncture office for under $2,000.

Entrepreneurship To Inheritance: The Changing Face of U.S. Billionaire Wealth

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With the ever-evolving landscape of wealth amassment, we're witnessing a significant shift from entrepreneurial billionaires to those inheriting wealth. The number of global billionaires has seen a 7% increase, totaling 2,544 individuals, according to a report from Swiss bank UBS. Their combined wealth has also risen by 9%, approximating a colossal $12 trillion. The impact of this change on Black wealth is an intriguing subject that deserves thorough exploration.

Unleashing Economic Power In The Untapped Potential of Cryptocurrency for Black Americans

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In the realm of finance, where the game has traditionally been rigged against, Black Americans are trying to make their mark with the rise of cryptocurrency. Specifically, leveraging platforms like Coinbase as shares surged 62% in November, marking one of their best months since the company's Nasdaq debut in 2021. However, this meteoric rise in the crypto market isn't just about financial numbers; it represents a potential avenue for Black wealth-building that has long been stifled.

Black Innovation’s Frontline: BrickRose Exchange Is Leveraging Art, The Metaverse, And Web3 For Unforgettable Live Experiences

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In the new era of digital immersion, the rise of the metaverse and web3 technologies have sparked a revolution in how we interact with digital and in-person spaces. This is where BrickRose Exchange, founded by Bianca Jackson comes into play as her company is bridging these new technologies to create unforgettable live experiences in a sector that’s expected to reach $2.1 billion by 2028. As these advancements continue to reshape the landscape, businesses and artists alike are discovering innovative ways to leverage these tools for bringing immersive and unforgettable live experiences to the forefront.

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