From City News Vancouver – link to source story🔗 By Haley Jarmain | January 18, 2022 Summary WestJet says it will consolidate 20 per cent of its flights in February due to COVID-19 challenges Airline had already announced changes and cancellations…
The beauty of soil carbon storage is the multitude of other benefits that accompany this nature-based solution, we call these additional benefits “soil carbon plus.”
Here’s wishing all our readers a very happy, safe, and healthy new year! Continuing our annual tradition of recounting the significant developments that impacted the Indian IP landscape in the year that has been, we bring you a round-up of 2021’s developments. This year, we have divided these developments into three categories: a) Top 10 IP Judgments/Orders (Topicality/Impact) b) Top 10 IP Judgments/Orders (Jurisprudence/Legal Lucidity) and c) Top 10 Other IP Developments The decisions in the first category, i.e., Top 10...
The Hot Potatoes metaverse is a closed-doors gaming world where only HPs holders can compete for the bi-yearly grand prize of the game in a true play-to-win elimination style tournament.
Each extravagant Hot Potato possesses rare pre-defined traits acquired by interacting with humanity. These attributes include elements that might resemble some of the most extravagant real world characters of our time.
There is also a category of exclusive HPs with ultra-rare features and names such as HPs that resemble some of the most iconic and historical characters for each country or community. Some examples include Hot Potato Trump, Hot Potato Napoleon, Hot Potato Gandhi. and Hot Potato Marylin Monroe. The attributes of each NFT determine its rarity and value.
Holders of the most unique NFTs better their chances of surviving and claiming huge prizes starting from 12 ETH per winner in each six-month-long game.
Pre-Register for the HPs Sale to Access the First NFTs
The game developers have opened the pre-registration phase for investors wishing to join the PotatoVerse and be the first to hold exclusive and valuable NFTs. Pre-registered users will have early access to the upcoming pre-sale event, which will offer the first batch of HPs for minting.
The pre-registration form is currently accessible on the Hot Potatoes official website. Early-bird investors will be whitelisted to participate in the pre-sale and bag up to 5 limited collection NFTs. The pre-sale is scheduled to take place one week before the Public Mint Date.
Following the pre-sale event, most of the remaining HPs will be released to the public for sale, opening the door for the official launch of the PotatoVerse in Q2 2022. Private and public sale participants can create awesome NFTs at an initial mint price of 0.05 ETH and view their digital artwork on their Metamask wallet or on the Hot Potatoes website.
Gamers on the Hot Potatoes metaverse can mint an unlimited number of NFTs. The more HPs a user mints, the higher their chance of getting a rare NFT with the potential to acquire rare attributes and appreciate over time. Holding more HPs also increases the chances of surviving to the end and grabbing the final prize.
Hot Potatoes Are Tradable on OpenSea
Users who mint HPs can sell, collect and exchange their exclusive digital collections on OpenSea, the biggest NFT marketplace. Gaming enthusiasts and NFT investors who miss out on the pre-sale events can purchase these HPs exclusively on the popular market and earn the right to join the PotatoVerse.
Note that only HPs bought from OpenSea are eligible to join the game. That is because transactions on the leading NFT marketplace support royalties that enrich the final prize pool and fund game creation and development.
Crypto users can also access HPs from a special releases pool that will be excluded from the Token sale event. The project backers will release these reserved collectibles in the form of future NFT injections into the market and airdrops to community members.
The game developers are committed to creating a new world of NFT - based gaming. Their platform combines the value and rarity of digital collectibles with the fun and competitiveness of high-stakes play to win gaming.
Check out the project's Whitepaper to learn more about the HPs metaverse, NFT collection, and gaming mechanisms. To connect with the Hot Potatoes community and participate in discussions, join the social media pages below:
Mainland Chinese Truck Market Continues to Deteriorate, Supply
Constraints Add to Production Woes
The policy-induced pre-loaded consumption has given mainland
Chinese medium- and heavy-duty truck (MHDT) market a chill since
July, with production cutting by nearly 60% as compared with the
same period of last year. The current supply chain constraints
caused by semi-conductor and power shortages will weigh on
production activities into 2022. In our November 2021 forecast, we
expect the mainland Chinese MHDT production to further loose around
25,000 units for the second half of 2021 and 15,000 units for the
first quarter of the next year.
High inventories of China 5-level trucks remain the biggest
dragger
Owing to the OEMs' price competition, the pre-buy activity in
preparation for the China 6 emission rules were greatly amplified,
resulting in an over-storage of China 5-level trucks across dealer
channels in the first half of 2021. By the end of October,
nationwide MHDT inventories are calculated at 260,000 units, still
way higher than the typical rates of 150,000-170,000 units. Roughly
two thirds of inventories are China 5-level trucks, despite a
closure of registrations in major markets such as Hebei, Shaanxi,
and Shandong. A part of the unsaleable trucks has flowed into the
second-hand market with price depreciating up to 50%. Such price
differential, coupled with common concerns over increasing usage
cost, makes China-6 level trucks even less favorable. Although the
final chance to register a China 5-level truck is set on December
31, 2021 in some regions, the high inventory pressure will likely
deepen into early 2022 before the full clearance of new China
5-level trucks in the market.
Semiconductor shortage gets worse but under control
The global automotive semiconductor shortage has worsened by the
pandemic resurgence in Malaysia and Vietnam since the summer
months. To minimize losses under the tighter resources, some OEMs
have prioritized production to bestselling models or new models
that need to be pushed to the market, while some OEMs have placed
orders of key accounts the first in line. Moreover, there have been
cases of pausing acceptance of advanced orders because of the
uncertainty about final deliveries. As a result, the average lead
time of new trucks in most manufacturers are extended from one week
to above four weeks. The sophisticated premium models that account
for less than 10% market share suffered the most, with production
line rates almost halved for several brands. We expect the
semiconductor supply chain to stay gloomy for the coming months,
but its impacts on the MHDT production should be manageable under
sluggish sales of China 6-level trucks.
Power shortage risk may persist in the medium term
The coal supply disruption stemming from the mainland Chinese
government's energy consumption control has triggered a severe
power crunch across the nation, with more than 20 provinces
experiencing different degrees of load shedding measures since
mid-2021. Except for three northeastern provinces - Liaoning,
Jilin, and Heilongjiang where the residential sector is affected,
most provinces have kept power rationing measures within
energy-intensive industries. Some energy-intensive industries such
as aluminum, electronics, and steel are ordered to curtail capacity
by 20-30% in the second half to meet carbon reduction commitments,
posing more hurdles to automotive supply chain and industrial
freight transport. On one hand, the softening demand for China
6-level trucks has hindered truck makers to pass the inflating
producer cost on to retail prices. On the other hand, the continued
downswing in industrial output will undermine the road freight
recovery. Although the government has fine-tuned policies to ramp
up coal production and reined in coal and power prices, an upturn
is not likely to emerge until the second quarter of 2022 when the
winter heating season ends. Given the government's anti-pollution
ambitions, the supply disruption risks may sustain for quite a
while.
With de-stocking of China 5-level new trucks, we predict MHDT
inventories to rebuild from the third quarter of 2022, supporting
some improvements in production. However, the expected slowing
economy as well as economic reform measures including property
deleveraging, financial de-risking, and industrial decarbonization
will continue to act as a drag from the demand side. The recently
released State Council's guideline on antipollution campaigns which
highlight a nationwide elimination of China 1-3-level trucks by
2025 may bring a turn to the market, while its practical
enforcement and impacts remain uncertain before the issuance of
more specific measures.