nft's would be very useful for that.u take the plunge for a one-of-a-kind cryptobat. a historically hip ape. one of the new donald trump nft collection. couldn't trump at mt. rushmore, say, be the next campbell's soup can which, when first exhibited in 1962, was thought of as a joke? and how much does a campbell's soup painting by andy warhol go for now? >> many millions of dollars. paul: contemporary art dealer alex glauber doesn't sell nft' yet. but he knows that value depends on belief, in dollars, gold, art. >> value is socially constructed. i mean, there's no intrinsic value to art. and it's based on consensus. paul: and it doesn't have to be consensus of a whole lot of people. >> no. the reality is a market is only as smart as the people holding the money. when it comes to art prices, especially at auction, it only takes two competing individuals to drive a price up. paul: hey, there are non-aesthetic reasons for nft's as well. to be part of a community, for example. >> so it's an exclusive membership. paul: like t

one of the new donald trump nft collection.ore, say, be the next campbell's soup can, which when first exhibited in 1962, was thought of as a joke. and how much does a campbell's soup painting by andy warhol go for now? >> many millions of dollars. paul: contemporary art dealer alex glauber does not sell nft's yet, but he knows that value depends on belief, in dollars, gold, art. >> value is socially constructed, i mean, there's no intrinsic value to art. and it is based on consensus. paul: it does not have to be a consensus of a whole lot. >> no, the reality is a market is only as smart as the people holding the money. when it comes to art prices, especially at auction, it only takes two competing individuals to drive a price up. paul: hey, there are non-aesthetic reasons for nfts as well. to be part of a community, for example. >> it is an exclusive membership. paul: like the bored ape yacht club to which lin dai belongs, its images coming with commercial rights. >> i can actually make t-shirts or hats with my ape design on i

an nft is reallyjust a contract that signifies the ownership of an asset of some kind.nership for digital art in a way that was accepted across a wide range of people, and so, yes, these tokens or non—fungible tokens are basically a contract or smart contract as recorded on the blockchain. the museum focuses on digital art as a showcase but is also a place for people to meet and collaborate. the founders say it is also a way to bring digital art of the small screen and fully to life. we really realise the impact of being able to look at this type of art in a way where you actually slow down, you see all the details, you aren'tjust scrolling through your phone or seeing people change their profile photos to this type art. the vector fields are one of major work being shown here, something he sees as liberating. previously, if you make a digital artwork or physical artwork there were a lot of limitations about who can see the artwork or how they can own it, and so it might take from this process was creating the possibility own that individual artwork. artwork can be boug

we don't need nfts. something gamers want, but i think it is actually something that will become the predominant model as the games become better. emily: that said, where do see hype in this industry, whether nfts, crypto, or play to earn. i know you're not a huge fan of that in particular. are there technologies you see getting a disproportionate amount of tension that -- attention that should not be? >> the fundraising, the amounts games are raising is capturing the imagination of the game studios, players, and sometimes people are like it is ridiculous these games have not launched yet or have rudimentary gameplay compared to aaa titles in the traditional world raising hundreds of millions of dollars or have these economies with billions of dollars. they think it is overhyped, and to some extent, that may be true, so the fundraising access -- aspect is overhyped. what is interesting to me as a technologist, these games shifting from closed economies with the game companies control everything, to reall

at the same time, nfts have had a rough few months activity has fallen off.n fraud, trade washing. there's also so many different platforms and chains you're betting on solana >> we're really focused on gaming assets. nfts are just a way to prove ownership of something in the digital world and people are using it for all sort of different things we're focused on gaming. similar to twitch where we said gaming, streaming, is all we're doing. here, we're just focused on building a platform where people can buy and trade nfts only. >> you had a really great kind of twitter essay less than a year ago about going from huge success with twitch to failure with atrium and perhaps not considering the right things when it came to you know, the other ventures so maybe some of that is instructive when we're thinking about nfts, blockchain, the metaverse as it applies to gaming what is actually in demand here and how fast should the industry go in pursuing it based on what you've seen work and not work? >> absolutely. so you know, i've had some big wins and some really big

he's like, "i think you invented nfts. i think you made the first nft, or one of the first, anyway.o a point where he thinks he's getting ripped off by this guy — but he also makes millions of dollars. it's just a crazy story that takes you into that world. sounds great — anything that takes us into nfts is useful, because most people still don't understand what they are. i didn't understand it before this story! well, there you go. ira glass, you've been a dominant force in speech radio for some time now. you've had a huge impact on the types of radio and podcasts that many people listen to. so tell me, tell us, what is next? what kind of audio will we be listening to in ten years' time? can you make a prediction? i have no idea. i would think it would be a mix of things we have now. there's some narrative podcasts that people like, people doing journalism. i think there'll be a bunch of interviews shows that people will enjoy, and there'll be a loudmouths likejoe rogan out there, too. i'm sure it'll all still be going. maybe somehow, there'll be an nft of ira glass in some way, sh

if you're an nft create not just nfts.people to build lots of virtual things for horizon world and people to be selling accessories for your avatar invite people to an event and basically sell virtual tickets to a virtual event all different types of transactions that could happen on the platform. not just nfts. all the different things that can happen. >> i here hip-hop's snoop dogg bought a virtual plot and a fan paid to be next door to them feels to me like a virtual zero. 30% of something worth nothing i don't get it that's for another time. julia, thank you. >>> and thank you for watching "power lunch." >> "closing bell," right now. >>> stocks are at session highs here after yesterday's downward reversal with nasdaq jumping nearly 2%. most important hour of trading starts now welcome, everyone, to "closing bell." i'm sara eisen where we stand in the market up 280 on the dow. breaking a three-day losing streect. s&p up a firm 1% at the moment working? most of higher technology, losingec

nfts are unique and no two are alike which is what makes them so special. book "ready for launch" came out tuesday, and i do want to talk about that in just a moment. but let's start first talking about what you're doing for these ukrainian refugees. what made you want to do this? >> well, this issue is very personal to me, jessica. i have ukrainian family members. i have a brother-in-law who came to the united states as a teenager. his kids, my niece and nephew are ukrainian americans. i have ukrainian friends and so this is a personal issue to me and i felt like anything i could do to help i was going to try. >> and it's so interesting. obviously you're auctioning off items, but i think it's so fascinating you're also doing nfts. what made you decide to use those as well? >> well, i've been interested in the crypto world and the block chain and the interesting things it can do. so i felt like this was an opportunity to raise some money with an auction of over 3,333 unique, as you mentioned, nfts. and the auction or the sale was on friday, and the auction

when it comes to nft, it is treated as a first-class citizen.e 25% to 40% of all nft's that are already secured by ledger. the community is responding well. >> there is news of jack dorsey working on hardware wallets. are you nervous about that and how does that change the competition? guest: competition is always welcome. it means there is a space. ledger is a very strong company. there are a few manufacturers in the world, but the fact that jack dorsey, this is good. we talk to them and i feel that what they are doing is something that is bitcoin mainly and within the realm of what block and square are doing, ledger is a holistic approach. we are a hardware mallet -- hardware wallet manufacturer. we can't be bitcoin only, we are multi-chain. manufacturers like us worry about the experience in the future. we are focused on the journey of the user and we want to support every community in crypto and that's where we are different from everyone else. >> there's a big community in crypto on twitter. i'm curious what you think about elon musk joinin

. >> i started to understand the blockchain and crypto more when i got into nfts. >> reporter: she's come to los angeles from her home in hawaii to attend a conference meeting and collaborating with other moms in crypto >> i'm a mom mom, mom >> she's my new bestie but we met on sunday. >> reporter: part of monson's goal is to change the perception of just who crypto is for. 60% of crypto holders are men, according to one survey the average owner is a 39-year-old male already making six figures a year monson wants to help build a community of women-led crypto projects and spread the word >> i always say i'm with bill gates in the garage building his computer that's how early this feels. so if i can on-board as many people who are like me, who look like me, who you know, just are confused but willing and curious, then it can be a game changer for so many people >> why is it important for women and moms to get involved in this >> it feels like we're headed in a direction where people will have more autonomy and ownership over their life, and i think that's really important for women. >>

peter hamilton is the co—founder of the seattle nft museum.ownership of an asset of some kind. it is getting used a lot for digital arts because there has not been arts because there has not been a place for storing that ownership for digital art in a way that was excepted across a wide range of people. and so, yeah, these tokens — or non—fungible tokens — or basically contract or smart contract, is what we call that on the block chain, that says, this serial number belongs to this serial number belongs to this piece of art and if you own this token, you are the rightful owner. saturday will see one of the most anticipated boxing matches in history between two female fighters — katie taylor and amanda serrano. they're top of the bill at the iconic madison square garden, where the undefeated taylor will put her lightweight titles on the line against world champion serrano. ade adedoyin reports from new york. the best facing the best. katie taylor. amanda serrano. neither wanted to blink first. the weigh—in was like an event in itself. both have

the decision to launch the nft marketplace is questionable, especially as nft hype is waning play palg us now, dan mizuho analyst who made the call on coinbase, i'm curious, because bitcoin has held up better lately than some of the high growth tech stocks. >> yeah, thanks for having me. >> why did you make that call? >> well, the call is basically on not on bitcoin, the call today is on them going all in on nft and spending hundreds of millions of dollars on nfts, right when it was at the peak, when you look at them today versus three months ago, the hype around nft has come down. this was maybe a one-trick pony that was strong in january and february that's when they made the investment they're spending $4 billion to $5 billion on technology and gma this year. big part of it is going to be on they're hiring 6,000 employees and going all in on nfts and this is kind of a me too action. they don't have a huge competitive advantage in nfts and the hype around it is going away i think it's a mistake remember, if they go towards the low end of their mtus or their monthly actives this year

i look at the nft market and we can look at art or all manner of crazy things trading hands as an nfti bring it back to real-world examples. have you ever sold the car? i imagine you have. david: mine usually fall apart. >> we sign a piece of paper called the title if we can find it. why do we do that? shouldn't that be identified with us? we buy a house, we get title insurance. why do we need to do that? many of the rails or technology or platforms or the systems that support what is happening in at fti think are the precursor to changes -- in nft i think are the precursor to changes. we look at traditional asset managers and i think we ignore changes in financial technology at our peril. kriti: that was mark rowan of apollo global management speaking with david rubenstein. you can catch the full interview tonight at 9:00 p.m. new york time. speaking of, let's stick with apollo. people familiar saying it is interested in financing elon musk's twitter bid. that is our stock of the hour. to break it down is sonali basak and ed ludlow. sonali, one of the big conversations is going to be

>> nft's are of course something we're looking at. is so much value in bringing products to consumers in the real world. that's what we're focused on now, but we are always keeping an eye on it. caroline: i wish we had more time. it's fantastic to catch up with you. tell us how the expansion into europe goes. co-founder, c.e.o. that does it for this edition of bloomberg technology. don't forget to check out our new podcast. you can check it out on the terminal or wherever you choose to get your fix of podcasting. we wish you a wonderful break and celebration. some time off. we will keep you posted on whatever happens with elon musk and his bid to take over twitter. tune into bloomberg tv online and tv. this is bloomberg. correction reach the pinnacle of enterprise as ceo of the american food and drinks after 12 years. >> i had a loyal people who followed me because they became better leaders, better executives, better people. >> she has been made one of the most powerful people on the planet, and she brings a unique insight into the c

>> nft's are of course something we're looking at.so much value in bringing products to consumers in the real world. that's what we're focused on now, but we are always keeping an eye on it. caroline: i wish we had more time. it's fantastic to catch up with you. tell us how the expansion into europe goes. that does it for this edition of bloomberg technology. don't forget to check out our new podcast. you can check it out on the terminal or wherever you choose to get your fix of podcasting. we wish you a wonderful break and celebration. we will keep you posted on whatever happens with elon musk and his bid to take over twitter. this is bloomberg. ♪ >> when jack hartung joinedipos far from the powerhouse it is today. >> chipotle was a special brand. it was an unknown brand. it was very small. >> founded in 1993, the company stood on the brink of the growth spurt that would create a category, fast casual dining. >> why is fast food crappy? why can't great food be done fast? >> i was there when there were a couple dozen restaurants. i wo

whether they want on bitcoin or nft.s for freedom and so do we. >> you don't normally hear the words beautiful and full together. how can a troll be beautiful? >> he is a genius. every time he does something he crashes the internet. we are talking about him being a promoter of crypto. i don't think him being a promoter of those is the best thing for crypto but elon is doing it. i don't agree with everything he says but he is an internet magician. you have to respect that. >> this idea of security and some of these big names when it comes to crypto and twitter, at the end of the day, with crypto being down even among one of the biggest conferences that surrounds bitcoin, what are you seeing in terms of institutional interest and what is stopping people at the end of the day from getting in? >> i think people need to understand that we just got into a circle going up. anyway you look, whether it is crypto currencies, nft's, i think the next big thing will be played to earn. everyone is coming in from a retail perspective b

eddy: nft's are of course something we're looking at. there is so much value in bringing products to consumers in the real world. that's what we're focused on now, but we are always keeping an eye on it. the visual experience will be something in the future. caroline: i wish we had more time. it's fantastic to catch up with you. congratulations. interesting deal. tell us how the expansion into europe goes. eddy lu, spent time with him and an exclusive conversation. that does it for this edition of bloomberg technology. don't forget to check out our new podcast. you can find it on the terminal as well is online at apple, spotify, wherever you choose to get your fix of podcasting. meanwhile, it is a short week. we wish you a wonderful break and celebration must some time off. we digest what comes out next from elon musk and the potential to take twitter private. tune in online and check out the terminal and out dotcom for any breaking news on the takeover by elon musk. this is bloomberg. ♪ >> the following is a paid program. the opinions a

he sold it as an nft for huge he sold it as an nft for huge money annoth i have moderate to severe ulcerative colitis. so i'm taking zeposia, a once-daily pill. because i won't let uc stop me from being me. zeposia can help people with uc achieve and maintain remission. and it's the first and only s1p receptor modulator approved for uc. don't take zeposia if you've had a heart attack, chest pain, stroke or mini-stroke, heart failure in the last 6 months, irregular or abnormal heartbeat not corrected by a pacemaker, if you have untreated severe breathing problems during your sleep, or if you take medicines called maois. zeposia may cause serious side effects including infections that can be life-threatening and cause death, slow heart rate, liver or breathing problems, increased blood pressure, macular edema, and swelling and narrowing of the brain's blood vessels. though unlikely, a risk of pml--a rare, serious, potentially fatal brain infection--cannot be ruled out. tell your doctor about all your medical conditions, medications, or if you are or plan to become pregnant. if you can become pr

just over a year ago, this user paid 2.9 million dollars for an nft of the first twitch ever, a 2006by jack dorsey, that the twitter founder was auctioning for charity. now, the user is trying to resell that nft, promising to donate half of what he eected to be a $25 million plus payday. the problem so far, the highest bid he has been able to attract is under $10,000. nfts our digital verifications of the uniqueness of a particular file, airway for collectors to prove they have the original. the sales have exploded over the past year. but this user has kened his assets to the mona lisa. experts warn that nfts have no intrinsic value, in that investing in them is very risky, which, he seems to have proved that point. the mona lisa? what is money? what is art? wassim: i will give you 10 euros for that. >> you beat my bid by five. [laughter] wassim: let's get now to catalina which is a snow for our truth or fake segment. you are taking us to mali, telling us about the missing information about a massacre. >> in late march, the malian forces suspected russian mercenaries actually killed

an nft, if you don't know, is an imaginary beanie baby, i don't know.o the owner of an nft that got a lot of attention, an image of the first ever tweet, just got some very bad news. he bought it for $2.9 million last year. put it up for auction last week. the highest bid was $277. it depreciated so fast, you would think trump was trying to turn it into a hotel. [ laughter ] he expected the nft to go for $48 million. which, in his defense, how was he supposed to know a screen grab of a tweet wasn't going to be worth $48 million? [ laughter ] i feel bad for the auctioneer who had to work his way down from $48 million. do i hear 47.5 million? okay, no, anyone? 40? yeah. that's why i invest all my money in chuck e. cheese tokens. you know that right? >> guillermo: yes, i know that. >> jimmy: cct. [ applause ] hey, by the way, be careful on easter. a popular brand of chocolate eggs made in belgium by the company ferrero is being recalled because of salmonella concerns. they say they got some bad buttermilk. which happens to be my rap name, "bad buttermilk."

dorsey sold that tweet last year as an nft for nearly $3 million. last week, the buyer of the nft put it up for sale, hoping to get 48 million. turns out, there is little interest. so little that the first auction closed with the highest bid at $280. more bids have come in sense. the latest at about 10,000, but still, more than a 99% plunge in value on paper, or on digital, or whatever happens in this space. >>> on wall street, the markets capped the last session of a shortened week in the red. the dow drops 113, the s&p down 54, the nasdaq down to 93. more than a 2%. >>> i'm shepard smith, on cnbc. it's the bottom of the hour. time for the top of the news. witnesses in johnny depp's lawsuit against his ex-wife amber heard but the talk of horrendous abuse and surprising testimony that contradicts one of the biggest allegations. >>> a russian woman comes out strong against her own country, telling us in her own words why she is letting part of her life literally go up in flames. >>> first, the world's richest man planning a hostile takeover of twitte

now nfts as they're nicknamed are one of a kind assets, an original digital file.of kelly in space created by the content studio sold out at auction in one day. proceeds are going to global empowerment mission, which helps the victims of war in ukraine. >>> well, earlier the former astronaut told cnn why raising money for ukraine was deeply personal for him and also told us why he wanted to raise money using nfts. >> i have ukrainian family members. i have a brother-in-law who came to the united states as a teenager. his kids, my niece and nephew are ukrainian americans, have ukrainian friends. i felt if i could do anything to help i was going to try. i've been interested in the crypto world and the block chain and the interesting things it can do, so, you know, i felt like this was an opportunity to raise some money with an auction of over 3,333 unique as you mentioned nfts and the auction was on friday as well. actually the sale was a couple days before. we sold all the nfts within a few hours and the auction was complete yesterday, and we raised right around $50

combine an nft with food and you get a pop up food concept called bored and hungry. restaurant opened up in southern california. it does except cryptocurrency for your meal. our sister station with los angeles. reporter: new puffer -- pop-up restaurant may seem like another joint, but it is way more than you imagined. because of its origin, nfts. >> is basically a code on this thing called block chain which is a server. the code is to verify that this code is actually yours. you put a picture, music, anything on top of it. reporter: he purchased a four and fts, a limited nft collection. >> we spent a little bit over $267,000 on it. we spent around $65,000 for each one. reporter: the restaurant is inspired by each of the images and can be seen on the packaging. they had about three weeks to turn the space around to get their kitchen ready for the opening which was april 9. the reaction was more than they expected, with more than 1500 customers on a date. >> we have had people on the grand opening day fly in from brazil. guys came in from miami. he said, have to fly ou

the chancellor wants us to create an nft.t is important that we pick up on the emblems of change in the opportunities that will exist in the future. we have asked the royal mint to develop an nft. caroline: in the united kingdom my family day in and day out talks about inflation and electricity and what is happening in terms of the ramifications, antagonized by the invasion of russia into ukraine. talk to us about how the u.k. feels right now. february, 0.1% growth and the economy being stifled. that is before you factor in the implications of the russia-ukraine invasion. >> these are challenging times . we hoped we would come out of covid and get to brighter times. that hasn't happened. what has happened in the ukraine has a very difficult impact on the economy. we are seeing that. we also have global pressures in terms of inflationary pressures and that is playing out in the u.s., playing out in the u.k., and across the globe. these are challenging times for british consumers. caroline: challenging times for british consume

and social media account focused on selling nfts. the mayor has taken back the account but some of the nfts are still there. oh, wow barbara corcoran! good morning. sorry, but we don't need any business help now. we're gigillionaires. what? we're gigillionaires now. i don't get it we have at&t business fiber with hyper-gig speeds. -but i just... -so thanks, we're doing great. i'm so happy for you! but i'm just here for my order. oh. entre-pin-eurs? yeah, my bowling team. i like it. there's money in puns. do business like a gigillionaire at&t business fiber, now with speeds up to 5-gigs. limited availability. >>> you might have heard the dramatic story of the falcons at u.c. berkeley. now, they want help naming annie's new mate. her long-time partner died after being hit by a car last week. but she quickly replaced him when she started to spend time with a new falcon the next day. he's been bringing annie food and keeping her three eggs warm. he needs a proper name. you can give your suggestion on the cal falcon social media site. >>>

case in point the first tweet ever made by twitter's founder, you can buy the nft. you can't put this in your pocket. you can't put it in a glass case but that's what nfts are for. someone paid $48 million for it. the new owner, the highest bid, you know -- >> that one not very valuable. >> i'm sure they're valuable for something but there are occasions things cross my desk and i think what now? >> i think people are just throwing money out to see if it will stick somewhere. >> there's a lot of money out there and it's hard to invest. it's part of what's happening. >> if you have $48 million to throw away i guess you have a lot more -- >> it's hard to see because so many people are having such a tough time. inflation. >> billionaires buying companies for mo reason. >> and that hurts. >>> apple facing new production issues for its macbook pro. bloomberg reports the delivery dates are pushed back to june as dozens of taiwanese companies suspending operations at their china base plants including apple's laptop manufacturer and this is all due to china's zero tolerance

buying nft. to the nft space. charles: wow that is really unique. i seen talk of it. i never drilled down on it. that would be my homework assignment. michelle, appreciate it. all right. >>> elon musk being called every name in the book but it is time for introspection on the left. my takeaway on all of that after the break. ♪. ... ♪ ♪ we all need a rock we can rely on. to be strong. to overcome anything. ♪ ♪ to be... unstoppable. that's why the world's largest companies and over 30 million people rely on prudential's retirement and workplace benefits. who's your rock? at adp, we use data-driven insights to design hr solutions to help you engage and retain top performers today, so you can have more success tomorrow. ♪ one thing leads to another, yeah, yeah ♪ charles: so, the musk madness rages on like the great chicago fire. yesterday, twitter's top lawyer reassured staffers, yet it's down full she considers the tears of others when she was banning political advertising and removing key figures f

. >> reporter: nfts are another area of focus.unch box recently sold the first nft restaurant to beer burger it has digital kiosks where guests will be able to order food and connect the virtual world with the physical world. >> we want people to go up to the kiosk, order to the kiosk and the food is dropped off to your home. and now you get to sit and hang out in this venue. that's the next phase of what we're trying to do >> reporter: many companies are being quiet about their future plans in the metaverse and with potential nft offerings. one thing is for sure. it seems like there is the place to be. so they're lining up now and they'll figure out later how to best execute the plans >>> the fearless girl statue one step closer to getting a permanent home it's been under a temporary permanent since it first appeared on wall street five years ago. many want fearless girl to stay in new york forever. today the new york city design commission voted to extend the statue's permit for 11 months. the statue owner must return in six mon

world wildlife fund had to call back nft's. it was a mess.wildlife fund not choose a carbon negative layer one blockchain, they should have chosen us. >> over the next six month, what of the most promising applications will be built on algorand. >> the thing about us is we can handle scale. we can do 10,000 transactions per second by july. in 4.5 seconds, it is settled. you don't have to worry about forking or that uncertainty. that lends itself to a number of different applications. firstly, financial inclusion. we have 1.7 billion people in this world don't have access to finance. alva rand -- algorand can scale to make sure that can happen for those people. there's tons of supply chain plays and we have a lot of environmental and climate focused applications built on algorand if they need to be. planet watch is a good example. they put sensors in the air to see air quality. you need that kind of thing on a blockchain because you don't want cheating with the data. >> will have to have you back when we have many more hours to discuss all of

we have seen fundraising for ukraine, investing, nft's. what is the next phase?s: great question. i wish i had a crystal ball. we will see people say we are interested in these collective actions, investment clubs, we're seeing companies putting together groups and saying, you can invest together. i am a venture capitalist, but it might be an alternative to funding, angel list, that was a big one. emily: so much to watch. partner at lightspeed venture partners, thank you for joining us. coming out. the year of the wedding. we will chat with rent the runway ceo about whether the post-pandemic wedding boom can turn their share price around. that is next. this is bloomberg. ♪ >> she is amazing. emily: andy: we are on the cusp of one of the emily:. rent the one right -- runway salt revenue grow and the company still reported a net loss. it was narrower than expected. joining me now is the ceo, great to have you back with us. you have been telling the story since rent the runway went public, and unfortunately it seems like many investors are not buying it. shares down

think nft, digital cards and six-figure price tags. a rookie card of josh allen sold for over $300,000. most card prices not always that high they do fluctuate daily. one father/son duo came up with an app to bring collecting into the 21st century local reporting now from nbc 10 philadelphia and their reporter. >> during the pandemic i was looking for stuffer to do because i was pretty bored >> reporter: that's when 10-year-old charlie mann turned to his father's childhood hobby of collecting cards. >> i collect pokemon kcards. >> it's been chaos. >> reporter: at sports two in collinswood. the trading experts say participation in the past time is at an all time high and so is the value of the cards proof in a recent customer's collection >> i find these 2009 cards that are now like 750 bucks, 500 bucks, in that range the price tags on them are $2. >> kobe bryant here. >> reporter: stuck at home, charlie and his dad had trouble finding out the value of cards online charlie decided to create an app and brought the idea to his dad. >> i s

as nfts really touch the consumer, people started to finally understand the value of block chain andust for payments. if you focus on payments, bitcoin not great and ethereum bad because the fees are so high in order to do a transaction and the delays are not what you would expect for typical e-commerce transaction so you would want to use a stable coin. stable coins will dominate global cross border trade, they will be used probably by every significant global economy by 2030 and those will be block chain based. china will be the first big economy to do it but the ur.s. and many other countries will follow. >> mr. quigley, i'm curious about your thoughts about thiel's approach here. he seems to be making it a political statement to support bitcoin and/or kind of demonizing its opponents in the same way using the word wokeism. do you think that is a proper approach or do you sort of disagree with it >> here is what i would say, in politics they have this concept of throwing red meat at your constituents you want to get them riled up. i won take too much into this. i certainly think d

you can't put it in a glass case, but you can buy the nft that shows you own it. somebody did. they paid $48 million for it. he's ready to sell. the high bid is $280. >> $280? >> yes. >> oh! i was thinking million. >> i was trying to lead but you but, no, $280. >> hmm. >> not a good profit there at all. >> do a little tiktok dance. >> oh, lord. >>> anyway, speaking of tiktok, more news for you here. social media giant testing a new feature allowing users to dislike individual comments on videos. tiktok says people can flag comments they find irrelevant or inappropriate. dislike will not be visible to others. users can already dislike videos on apps if they are not interested in that content. >>> and a new netflix series has a lot of viewers buzzing especially among parents with young children. >> it's called "old enough" and is a popular show from japan. why don't you decide if an american version will be dropping anytime soon. >> so the show has toddlers run family errands instead of their parents. while it stretches the limits to children's independence, it may be good televi

. >>> we usually only hear about major sales of nfts and massive amounts they rake in but today we are watching one of the biggest props. last year a crypto entrepreneur bought the first tweet from founder jack dorsey for 2.9 million. he recently put it back up for auction expecting 50 million for it but when the auction closed, it only amassed $280. he extended the auction and last check it hit just over $10,000. that's better than 300 bucks. >>> panera bread is testing artificial intelligence based coffee system. it is from a california company called meso robotics. it monitors volume, temperature, time data to help create the best cup of coffee. they're looking to the tech to help employees customer on customers. what do you think about that one? >> i am curious to try. i will put it that way. very creative. >>> we are getting into the best part of the rain and that's not saying much. there is not a lot to this. it looks so good on first alert doppler. if you look futurecast is showing us a good amount of rain in the mountains of the north bay and that's really where this is focused

and he recently said amazon could potentially sell nfts in the future. how do you think about nfts?lockchain? the metaverse? where is the opportunity therefore aws? where do you want to play? adam: boy, there is a lot of buzz words in that sentence. emily: there are we are wondering what the actual market opportunity is. adam: fundamentally we want to enable all technologies aws customers need to build those things, to build the metaverse, to build 3d computing, to build blockchain" the currency applications. we are currently doing that. gaming companies is where typically most people start when talking about metaverse companies. if you look at companies like riot games, if you look at epic, they are very deep aws customers. if you look at meta, which had a name change, we are doing more with them over time, which is very gratifying. we also do a lot, we have blockchain services -- if you look at things like ethereum, 25% of ethereum workloads around the world run on aws. we are doing more around blockchain, around ledger technology, around 3d and spatial computing which is going to

nike and artifact have launched a line of nft shoes. another nft thing. okay. collectors can customize the kicks with something called skin biles from different artists and designers they changed the appearance of the sneakers adding by adding different colors patterns, even animations. so it looks pretty cool. the average price for some of the can go up to the 6 to $10,000 range. wow. but a few of the ultra rare ones are going for 6 figures worth of at the he can't wear the sneakers, but you can use a snapchat ar filter to see what they would look like on your feet. not sure if that's how i would spend my money but to each their own gas prices appear to be slowly dropping across california prices are the lowest they've been in over a month, but they still have, but there's still much higher than they were a year ago. those in santa rosa are now paying $5. and $0.81 on average in san francisco, a gallon of regular is going for about $5.80. drivers in san jose are paying $5.70 and people in oakland are paying just around $5. and $0.71. experts say that may be as

. >> nfts, i don't understand them. i don't care to understand them.tokens. you buy a piece of art, you own digitalally, nowhere else. last year, someone paid for $2.9 million for jack dorsey's first tweet ever. one more. charlie rose. >> charily rose last week did an interview with warren buffett, sat down. now, charlie rose was me too, very heinous sexual allegations against him in the workplace. does this tee up, maybe for al franken, is there a second act for any of these people. obviously, the harvey weinstein's of the world, they belong in cages. but for al franken, is there a second act? >> it should be a thoughtful discussion. i'm just saying, there might be second acts for some people who were canceled along the way. >> so he also is turning off zoom as the down. is zoom here to stay? >> zoom is here to stay! >> but turning off zoom, being with your camera off, are you -- >> by the way, 92% of employers say, you turn your camera off, you have no future with this company. even if you're on your own. >> 100%, show your face or go to the office.

looking now at web three, are there additional opportunities for your business, whether it's in nft or the metaverse? >> i was looking at our numbers. we launched the knicks first on roblox three weeks ago and the numbers have been incredible and it is basically taking our reach with nick total reach up double digits in three weeks including in my own house where my seven-year-old daughter is consuming it like crazy. nft, we had the first launches last week of star trek and did amazingly well all of these are incredible opportunities, not only for revenue, but really reach and reach is so important when you have a franchise strategy and brands >> marketing, it's all about the marketing. we've covered a lot of ground from the box office to streaming to the metaverse thank you so much for talking to us today on the heels of those sonic the hedgehog 2 numbers >> thank you, julia. >>> still ahead, supply chain challenges, price increases and making moves on the ev front we'll hear from toyota and hyundai. plus the 30-year fixed mortgage rate holding above 5%. a look at what that's doing to

the account was taken over by a shoe enthusiast social media account focused on selling nfts.rdo's press office tweeted they have gained control. >> i bet he wishes the edit button was working. >>> starting tomorrow, a new exhibit is opening at the mant ray bay aquarium. deep sea creatures, that have never before been seen, will be on display. the new exhibit is called into the deep. it takes you on a tour of the ocean floor. more than 50 different creatures live in specialized tanks that mimic their unique dark habitat. some come from as far away as japan, but most will be found lurking in the monterey bay. >> it's really fascinating. i love that aquarium. i really do. >> and it's right in our back yard. >> i love the anchovies that swim. >> so cute. >> go the other way. >> coming up next, we have our top stories we're following today. they include putting up the nets early. the bay area dungeness crab season was not supposed to end so soon and we'll talk about what could perhaps impact your dinner plans. >> you always see them cracking the crabs at the wharf here in san jose

and social media account focused on selling nfts. >>> you might have heard the dramatic story of thecons at u.c. berkeley. now, they want help naming annie's new mate. her long-time partner died after being hit by a car last week. but she quickly replaced him when she started to spend time with a new falcon the next day. he's been bringing annie food and keeping her three eggs warm. he needs a proper name. you can give your suggestion on the cal falcon social media site. >>> apple tv will carry two games, the mets and the nationals and the astros versus the angels. you can watch them on a device that can play apple tv plus content. your iphone, ipad, game console. the giants first date with apple tv will be april 29th. >>> a lot of things >>> this is it. the next time we see the warriors play at chase center will be in the playoffs. the regular home finale and the star power. >> the big stars were on the bench. no steph curry. lebron james wasn't playing. but we have bam-bam. he is the k-pop star arriving for duty. 65 million social media followers. he did his thing at halftime. as f