Sam Blumenthal

Livestreaming e-commerce users in China came in at around 309 million as of June, roughly one-third of the total number of internet users in the country, according to a report released by China Internet Network Information Center in September.

NFTs clearly belong in that tradition. They are digital social objects. Except they are a lot wilder. They don’t live within particular platforms or walled gardens, and aren’t attached to a particular company’s technology or even a specific open standard.

Actions are how agents put resources to work to achieve their goals. All governance over shared resources is conducted via actions.  In the Anticapture framework, actions have four phases.  Propose: delineate the options on the table.  Decide: select the preferred option.  Execute: put the selected option into action.  Evaluate: analyze the impact... See more

As online video platforms seek a business model beyond advertising, and short videos start to look more and more like commercials, it turns out that commerce may be video’s killer app. And not only could video apps become ecommerce apps, but all ecommerce apps may also have to become video apps. Various platforms from China show us how this can be... See more

Online shopping sales in 2020 grew 32.4% from 2019 to $791.7 billion, according to figures from the U.S. Department of Commerce. E-commerce ended last year accounting for 14% of all U.S. sales, up from 11% in 2019.