Route 66 played a major role in U.S. automotive history, but can drivers still trace its path in their electric vehicles? Americans have been getting their kicks on Route 66 for nearly 100 years. When it was established in 1926, Ford’s Model T was just 18 years old, Gene Austin’s Bye Bye, Blackbird was the … Continued
Coffee, tea and energy drinks provide vigor and pep, but too much caffeine comes at a cost. Luckbox tested low-caffeine and caffeine-free alternatives. When Aristotle said “the energy of the mind is the essence of life,” he likely wasn’t talking about caffeine—regardless of how fitting the proverb looks on a coffee mug. Nevertheless, many would … Continued
It’s been less than a year since the launch of the Kalshi events exchange, a platform that provides speculators and active traders the opportunity to bet on outcomes in business, politics, cultural events, the economy and the weather. To understand what powers the site’s prediction markets, Luckbox asked Kalshi markets team member William Arnesen for … Continued
Will the world look back upon the early days of the metaverse as a fit of delusion or the founding of an institution? Could virtual beer sales threaten real beer sales? You might scoff, but that question was unironically asked—and answered—during a metaverse marketing webinar held in January by financial news website Insider. “I … Continued
The art market is booming, but most people can’t afford Picasso or a Basquiat. Here’s why they should pay attention anyway. Don’t worry about understanding abstract paintings or learning to appreciate sculptures. Just think ofthe high-end art market as an economic indicator that no one really talks about. Indifference to the niche market isn’t wholly unreasonable. … Continued
Don’t have millions of dollars to invest in artwork? A private investment platform fractionalizes high-value art so nearly everyone can get a piece of the action. Masterworks flipped Banksy’s Mona Lisa for an annualized return of 32% in about a year. During the same period, the S&P 500 rose 15.6%. Buying and selling high-end artwork … Continued
Making—or losing—money in prediction markets can change beliefs. But how does that work? Stock and options traders are continually trying to predict the future. After all, every market decision boils down to the same question: “Will this or won’t this make money?” But not all markets are created equal. Investors and economists have had … Continued
You can bet on it. Literally. By now, just about everyone has heard about—if not felt—the rise of inflation. And as the top-of-mind question evolved from “Will inflation happen” to “How long will this last,” some were quick to offer answers. “I believe, as we get beyond the pandemic, that these pressures release and, in … Continued
Taking small doses of LSD or magic mushrooms has long been a part of Silicon Valley lore, but does the research support the hype? When the co-founder and CEO of a $2 billion marketing startup was fired in April, the circumstances surrounding his ouster sparked a flurry of media attention. “Iterable CEO Justin Zhu says … Continued
Non-fungible tokens, or NFTs, have garnered a lot of attention in recent months. In the first half of 2021 alone more than $2.5 billion in NFT sales volume has exchanged hands, up from $13.7 million in the first half of 2020. So, what gives? What are NFTs, and how does one create, buy or sell … Continued
