Important: Edition 22
NFT Take Over, Messiverse Metaverse, Toyota Legoverse
Hello. The situation remains grim in Afghanistan, with events taking a turn for the worse. Nevertheless, we welcome you back to another edition of Business News for Kids. This one, as you’ll notice 🤷, has turned out to be almost all about NFTs! Wait what’s NFT? 🤔 Checkout “Wait, what” 👇. AND DO NOT MISS STORY NO.5 👈.
About BNFK
Knowledge is at the heart of being. To be more, we must know more.
With this weekly we distill the latest, most interesting, Business News 📰 .. to an emoji filled, ultra informative, Newsletter for Kids. A dad 👽 & son 👾 experiment, delivered every Sunday.
Catch our previous editions here > #0 , #1, #2, #3, #4, #5, #6, #7, #8, #9, #10, #11, #12, #13 👻, #14, #15, #16, #17, #18, #19, #20 #21.
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Busy business this week 💼
Ex-Barcelona and forever Argentine 🇦🇷 superstar, Lionel Messi, has launched his own collection of NFTs, titled “Messiverse”. The crypto art began selling on Friday; “Art is like football," Messi announced on launch day. An NFT titled “Lionel Messi: "The Golden One"” is going for $9,706,260 😱
If Messi is up to something, can Cristiano be far behind? Our man Ronaldo has just agreed to a Manchester United transfer, apparently at a fees of ‘just’ £19.7 million⚡️! Why just? Remember Ronaldo was the first ever footballer to surpass $1 billion in career earnings.. so its seems ManU stole him from right under their rivals Man City for a pretty good deal with Juventus.
But it seems this 12-year-old is ready, set, go to beat these big boys, atleast in the NFT game 👉 Benyamin Ahmed, from London is set to earn over $400,000 after just two months of selling NFTs. He started coding at the age of 5, which is impressive. His first NFT collection, contains of 40 colourful avatars called Minecraft Yee Haa. His second project that’s making all the waves.. sorry all the Whales.. is called Weird Whales 🐳 with each Whale going for a minimum price of $1500++ ✌️.
Via cnbc.com Courtesy of Imran and Benyamin Ahmed. Weird Whale #1523. With all this NFT madness, even fintech oldies are getting in on it.. Visa rocketed into the NFT world by buying a “CryptoPunk” for $150,000 😱👾😱. Their head of crypto, Cuy Sheffield, thinks that NFTs will play a vital role in the future of social media.
And finally story no.5, we thought we’d let you in on a secret. We figured a way to support our project (this newsletter). By making NFTs ofcourse!! Next week we’ll reveal our first 5 NFTs, titled Business Babies.. all you have to do to support our newsletter, is buy one of them 😱.. And here’s something Important: 100% of the proceeds from these first 5 Business Babies, will be donated to a cause supporting people in Afghanistan. Here’s a sneak peak just for you 👇👇
Wait, what is..
NFTs: NFT or Non Fungible Tokens 🪙 are a way to own, and trace ownership of, a digital file 📎. The word Fungible means interchangeable 🔁, hence ‘non-fungible’ is used to signify something that is unique and cannot be replaced by any another. This file can be a work of art 🖼, a song 🎶, a video 🎥 or even just a sound 🤫
Refresh: Social Media, Valuation etc. 👉 Wait, What Glossary 👈
Woah 😱 Weird 🥴
Who wouldn’t like a life-size lego Toyota Supra?! It’s made from 477,303 lego bricks 🧱 and has a top speed of an earth shattering 28 kmph :) You could possibly race an e-bike however 😆. See how alike it is to the real one? Spot the lego one! 👇
Inspiring business people to know 🙏
Meet Lionel Messi our inspiring business person of this week 🤪.
You’re probably thinking we’re crazy to put Messi in here as a business man, he is a footballer ⚽️ after all, not a business man!! Or isn’t he!? Did you know Messi owns a Fashion Brand and a Hotel Chain 🏨 !! Not to forget his Messiverse NFT moves. He clearly knows how to pull in the big bucks 💸, on and off the field. All in all Messi is quite the deal maker, and only the second footballer ever to have career earnings of $1 billion - all in all making him a great businessman, and of course one of the greatest footballers of all time. 🏟
Stocks, stonks and.. ⚡️
Electric SUV maker, Rivian confidentially 🕵️♀️ filed for an IPO (without disclosing all the details to the public), targeting a $80 billion valuation 🚀. Just so you know, Tesla’s market cap is > 700 billion 🤯. Rivian has raised $10.5 billion so far from the likes of Amazon 📦 & Ford 🛻.
Brazilian startup Nubank, a new age digital bank 🏦, is heading for a $55 billion valuation in its US IPO; that’s higher than Brazil’s top two traditional lenders. 😱
Mental models.. whaaaat! 🤯
My dad insisted we put this section in here, even though I protested saying its going to be a while before kids need to apply mental models. Mental models are nothing but ways of thinking, you can use as a framework, to take decisions or solve problems. Who knows, they might just be useful!
Effort > Everything Else!🏋️♀️ - So said someone on the internet and we thought it was a brilliant mental model too. Essentially in life, or school, you'll come across several situations where people around you may have same skill sets as you or perhaps far higher intelligence 🤖 than you. And you might think "how will I ever do well against this lot".
If this ever happens, just remember Effort > Everything Else. All you got to do is put in a whoooooooollleeee lot of Effort and you'll probably come up on top.🏔Tech, products, toys ++ 🤖
The Curiosity Rover 🛰, possibly one of the coolest product’s made by humans, just took an incredible video of a ride around Mars. It’s been there since 2012! Check out the video of it touring the Gale crater👇.
Pro Tip: The magic of learning is in curiosity. Don’t shy away from clicking those hyperlinked texts to read and learn more. We mostly hyperlink to text we have read ourselves to make sure it is safe, but please be aware that comments and ads shown on these pages are beyond our control. We recommend using a kids friendly browser to view the links.
Disclaimers: Please preview, review, and make sure to pass on only that content which you feel is appropriate for your kids. Images are copyrights of respective owners, we place image sources in caption or link the source website in related texts. Stocks or cryptocurrencies covered are in no way a recommendation and shared only for news / information purposes. We have near zero expertise on investing, and it’s always good to know that Cryptocurrencies are a highly risky, and even illegal, investment in many markets :)
Thank you so much for reading - Arv 👾 & Dad 👽 - Pls hit share to make someone’s day. And please take care. 🙏