Spice DAO claims it's working on a new animated series despite holding no Dune copyright, "an homage to the giants who came before us."

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Despite borrowing heavily from Overcooked!, Cannibal Cuisine strikes more of a party game tone, with mixed results. The gameplay lacks finesse, and despite providing a few laughs with friends, you’ll find it difficult not to revert back to the inspirational rival.

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Some 300mm tools are converted to 200mm; equipment prices and chip manufacturing costs are rising.

The post 200mm Shortages May Persist For Years appeared first on Semiconductor Engineering.

- LynKey [www.lynkey.com], a global platform that powers luxury resort and vacation property with blockchain and AI tech, today announced a project for tokenising and offering NFT solutions of over $8 billion dollars for travel and tourism using smart contracts. Lynkey will digitise luxury resorts and properties first at Vietnam and at multiple other destinations later, offering them over its blockchain-powered token marketplace and ecosystem. LynKey's objective is to tokenise all aspects of property development — purchases, leases, land use and related tourism entertainment — in an international blockchain-powered ecosystem. It envisions to connect the people around the world with the best of property tech and premium experiences from resorts and cruises with NFTs. 

A pioneer in real estate, LynKey was created by a team of international industry personalities. LynKey is an all-encompassing ecosystem and marketplace for digitising and optimising property and tourism management, commercialisation, and operations. LynKey's solutions make travel rewarding in every way - the platform optimises timesharing, prepaid leasing or licensing of property-based experiences geared towards tourism, while offering an exclusive reward system for its users. With a global token, LynKey efficiently overcomes the need for intermediaries, empowering its users to explore the ecosystem that offers real-time solutions and, soon, metaverse experiences. 

“Using NFTs with AI data-driven protocol sets, the company is revolutionising the travel destination and entertainment space with smart tourism. LynKey connects the global audience with a blockchain powered platform and a token that empowers an ecosystem with time-sharing, and reward solutions at premium luxury tourist spots”, said Dinis Guarda, founder and non-executive Chairman of LynKey and Blockchain, Fintech, AI author, and influencer highlighted by platforms like Thinkers360 and CoinTelegraph. Guarda, who is also the creator of platforms citiesabc.com, and openbusinesscouncil.org and has been collaborating with universities including Oxford, added, “By bringing the power of blockchain and NFT technology to the tourism and property industry, and even going forward by creating a related metaverse, we bring comprehensive digital solutions to see the travel and property world in a secure, innovative, rewarding, and trustworthy space”. 

Miss Cindy Tran, Co-Founder and Chairwoman of LynKey, commented, “Despite globalisation, challenges in the tourism and travel industry persist. Blockchain and NFT technology can address and resolve these issues. Most global travellers or property buyers have to deal with local currencies, lack of transparency in buying or leasing property and timeshares, and losing money to high exchange fees or worse. Furthermore, travellers cannot personalise their travel experiences, modify, sell, or cancel their ‘trips'. Planning to travel or searching to lease a property may be digital, but the rest of the process certainly is far from seamless or perfect with conventional models of tourism and travel. A consolidated marketplace and token solution will solve many of these issues”. 

While property businesses, companies, and cities need potential clients to thrive themselves, there is also a dire need for this industry to catch up with current technological advances. For instance- there is also a tremendous amount of time, money, and effort required to make a substantial property or timeshare acquisition or lease in another country. The additional fees and certification challenges associated with various property brokers, platforms, or other intermediaries can be a large barrier to those looking to travel or purchase property abroad. With the power of smart contracts and transparency of blockchain technology, the tourism industry finds a new light that guides it to rise above these lingering problems. 

With global tourism forecast to reach a $1.3 trillion mark by the end of 2021, LynKey mitigates a majority of problems plaguing the travel industry. It targets the pressing issues -non-transparent, unreliable, and are mostly paper-based aspects related to it. The non-digital format of the current property leasing, licensing, and time sharing is time-consuming and easily flawed. Additionally, there are often liquidity issues with respect to the global property market, that sometimes leads to price gouging and high costs. 

LynKey raises all aspects of travel and tourism to the highest level, providing new opportunities for travellers and blockchain users. This will be the first large-scale marketplace showcasing how blockchain and NFTs can optimize the property and tourism industries with an advanced reward system. Simplifying the process from departure to destination, LynKey is innovating the future of travel and real estate, creating a thriving ecosystem where travellers, developers, buyers, vendors, and tourists are all connected throughout. 

LynKey's token, NFTs and first properties and resort projects will be announced in Q1 of 2022. For more information on how to be involved- become an early participant and adopter, please visit www.lynkey.com. 

About LynKey

Property and tourism developer based in Singapore, with offices in Vietnam and London, LynKey has created a new blockchain and NFTs driven token ecosystem designed for travellers to book their tourism and property experiences with hotels, restaurants, timeshare, and other smart destination-based excursions. Combining all elements from development to property management- leasing, empowering Property and Smart Tourism experiences, LynKey is proud to partner with smart cities and NFT platform- citiesabc.com, major hotel and property groups such as- Everland Group, Crystal Holidays, Wyndham Group, Centara, ztudium, techabc and many more global partners.

To learn more about LynKey's smart tourism, property, token, NFTs offering growth and progress, visit www.lynkey.com or follow on social media @lynkey. 

Business contact: info@lynkey.com

Gary Gensler, head of the U.S. Securities and Exchange Commission (SEC), has alluded to the idea that Bitcoin is in competition with the American financial system and its global consensus. Speaking with former SEC Chairman Jay Clayton at the DACOM 2021 conference, Gensler said Satoshi’s original idea for Bitcoin has ultimately become at odds with […]

The post SEC Chair Gary Gensler Says Bitcoin in Competition with US Banking System appeared first on Coin Bureau.

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.