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It's Tune-in Tuesdays!
Today, black presence in art auctions is losing dimension, but let’s start with how blockchain unions are gaining attention…
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Love On Blockchain: Is The Future Of Marriage Digital?
As we witness the rise of digital solutions across every industry, from finance to entertainment, it's no surprise that even the institution of marriage is being disrupted. Blockchain weddings—a concept once seen as futuristic—are growing in popularity. Since the first blockchain wedding was recorded in 2014, couples have been exploring the idea of immortalizing their union through blockchain technology. An Indian couple brought the trend back to life in 2021 by creating an Ethereum smart contract to seal their vows.
Art Collectors Trimming Their Colorful Portfolios Amid The Shifting Market
CBX Vibe: | Art collectors are adjusting their investment strategies downwards because of the unpredictable and ongoing economic changes. 2023 saw them slash their investment portfolios to 19% from 24% in 2022. This takes a toll on the already declining Black artists' representation in global auction sales which currently stands at at 1.9% from 2008 to mid-2022. |
Unpacking The $300 Billion Black American Consumerism Bag
CBX Vibe: | At 47.8 million strong, African Americans are the second-largest consumer group, presenting businesses with a $300 billion opportunity stake in this community. Despite being 13.4% of the U.S. population, Black households accounted for just under 10% of the nation’s total spending on goods and services in 2019, according to McKinsey. However, if companies interpret this data as proof that there’s little profit in serving Black consumers, they are making a multi-billion mistake. |
Tune-in Tuesdays!
Ghana’s inflation seems to be on chill mode, cruising at a slower beat for the fourth month in July. Is this permanent or just a temporary reprieve?
A. ‘Chillin Like A Villain’ by Awkward Marina – The economy is settled but don’t get it twisted, it will hit back when least expected
B. ‘Don’t Worry, Be Happy’ by Bobby McFerrin – Enjoy the now because it’s what you have
C. ‘Smooth Operator’ by Yung Bleu - It’s been a long time coming but the dark days are now behind us
What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment! |
Last week’s results are in and it looks like it is a mix of storms, and resilience! 40% think it’s “Stormy Weather,” and another 40% won’t and “Don’t Stop Believin’
Solutions For Corporate America's Ethical Dilemma To Social Activism
CBX Vibe: | Social activism has emerged as a powerful intersection of business and culture, reflecting a growing trend where companies are expected to engage in sociopolitical issues. This movement gained significant momentum after George Floyd’s tragic death in 2020, which spurred many corporations to voice support for social justice causes. However, the landscape is shifting, revealing both challenges and opportunities for businesses navigating this complex terrain. |
The Music Industry Is Hitting High Notes In Tourism
CBX Vibe: | If your favorite artist was in a town near you, would you travel to see them perform live? If yes, then you've successfully contributed to the rise in music tourism. Travelling to attend music-related events, such as concerts, festivals, or tours not only provides a boost to the local economy but also helps promote cultural exchange and appreciation of music. To put it into perspective, the U.S. alone had a 31% increase in international visitors in 2023 bringing the total to 66.5 million visitors. |
Vibes of the Week
Blockchain weddings may not be as "Far Fetched " according to Leon Thomas and Ty Dolla $ign. Get into it in our CBX Vibes! |