The Chicago Journal

The High Society NFT Creating a United Front for Humans in the Metaverse

Since non-fungible tokens grabbed the world’s attention, it has focused heavily on art and other forms of sentimental items that people might see as too important to pass up. These innovative tokens have also found ways to extend their utility to the growing Metaverse, but The High Society NFT is taking attention away from art and introducing the human element to NFTs through its collection.

The High Society NFT came to life from the need to fill a gap in the NFT space. While NFTs generally have given art all the props, the team behind The High Society wanted to show genuine appreciation for the human folk. The collection is a reflection of humans in the Metaverse as they settle with one another. The collection also highlights a part of human relationships that is not often appreciated enough – Cannabis. The team’s goal is to erase the stigma surrounding the Cannabis community and bring together all races, colors and tribes under one uniting culture.

The founders of The High Society NFT are both former Silicon Valley entrepreneurs with experience working at some of the most prominent companies in the valley, such as Tesla. Their love for solving problems and critical thinking about the important things the world needs spurred them to create The High Society NFT. They enjoy the process of building, putting things together and seeing people enjoy the results.

At the core of The High Society, NFT is a hardworking team behind the scenes that has developed many projects that will be released as they progress along the collection’s roadmap. The project represents this human focus with an image of a human face wrapped around a cannabis bong in a prominent lounge setting. The project is a social club focused heavily on delivering positive vibes to everyone in the world and Metaverse. “Our mission is always to bring something to your living room you can enjoy, share with your friends, and truly be part of what The High Society is. More than art, our mission is to bring positive vibes to you and those around you here in the real world and in the MetaVerse,” the team said.

The High Society NFT’s mint date is slated for June 17th, with each token going for 0.1 ETH. Every holder who successfully collects a token for themselves gets access to the collection’s 2D and 3D NFT, one Holder’s Box, project collaboration whitelists, exclusive access to party invitations, and secret utility access.  The collection contains 10,000, which holders are expected to hold to access its numerous utilities. A thriving community of interested holders is gradually building on Discord, where all the project’s plans and prospects are laid out. The High Society NFT also has a strong presence on social media via its Instagram and Twitter pages, where it announces new developments and milestones as the roadmap progresses.

The Sandman’s First Trailer Sends Longtime Fans Into Excitement

Netflix is finally ready to release their newest adaptation, The Sandman. A trailer was released during a promotional event for geeks called Geeked Week that included scenes from the series.

Geeked Week is the ultimate destination for the streaming platform lovers. It offers exclusive news, celebrity drop-ins and new trailers on upcoming shows or movies.

After years of waiting, The Sandman finally has a mainstream media appearance. Thanks to executive producer David Goyer and showrunner Allan Heinberg fans can enjoy this iconic graphic novel on TV.

In addition to acting as an executive producer, Neil Gaiman has been updating fans about his enthusiasm for the project on Twitter.

The story follows the graphic novel, where viewers are introduced to a realm called “the Dreaming”. When its master ,Morpheus, gets captured and held prisoner for over 100 years though, his land is left in ruins.

The official premise follows the graphic novel, wherein viewers and fans are introduced to the world of dreams, a realm called the Dreaming. However, the kingdom is left to pick up after itself when its master, Morpheus, is unexpectedly captured and held prisoner for over a century.

The Lord of Dreams must journey across a threshold, into worlds and times unknown. He will encounter old friends and foes along the way while meeting new entities in both the human world and the cosmic world.

The first teaser came in September and primarily focused on Tom Sturridge’s Morpheus capture by Roderick Burgess, who had initially attempted to capture his sibling Death.

The trailer introduced the most beloved characters in this graphic novel, such as an exchange between Jenna Coleman’s Johanna Constantine and Mad Hettie. She warns her that Morpheus is back after a century of imprisonment.

When the Lord of Dreams was captured, his realm started to decay. He is greeted by Vivienne Acheampong’s Lucienne in a gender-bent version of comics’ librarian Lucien, who tells him about the events in his absence.

The trailer shows a montage of other iconic characters, including Kirby Howell-Baptiste’s Death, Mason Alexander Park’s Desire, David Thewlis’ Doctor Destiny, and Boyd Holdbrook’s The Corinthian. The trailer also shows Dream’s messenger crow, Matthew.

The Sandman will start streaming on Netflix on August 5.

Defense Production Act Invoked, Brings Criticism to Biden’s Administration

President Joe Biden used his executive power on Monday to expedite solar panel production, drawing criticism from both journalists and Republicans who questioned why he would use special powers. However, renewable energy advocates were thrilled about the announcement that accelerated domestic technology.

It is not clear if the decision will have any near-time effect and it’s possible that this was just an unrelated coincidence.  The timing may be connected to record high fuel prices, but the White House did not address concerns over spikes at gas stations.

The White House has announced that it will be gathering key stakeholders to discuss the steps needed in order to maximize these dual-use technologies.

Reporter Edward Lawrence asked White House press secretary Karine Jean-Pierre about the rationale for invoking the DPA. “What’s the real emergency in the solar industry for the Defense Production Act?” he asked at the regular briefing.

“The president, when he takes the Defense Production Act, it’s to make sure that he’s delivering for the American people. It is an important tool that he has used a couple of times and has been incredibly effective,” replied Jean-Pierre. “He is invoking the Defense Production Act to rapidly expand domestic production of solar panel parts, building insulation, heat pumps, and more.”

The press secretary told reporters that Biden “is putting the full force of the federal government’s purchasing power behind supporting American clean energy manufacturers, and he is providing US solar employers the short-term stability they need to build clean energy projects and deliver more affordable energy.”

“These actions do not apply to any materials imported from China,” she said of the import issue. “Import duties will remain in place on solar cells and panels from China or Taiwan.”

The Biden Administration failed to specify a national defense reason for the announcement despite answering questions.

Joe Biden was vice president during an administration that pushed for solar energy production. This led to the Solyndra scandal, where they unsuccessfully tried getting federal loan guarantees due to their politics-related company going bankrupt after receiving $535 million in funding,

The Defense Production Act has been used by the previous administration to force businesses into making ventilators and test swabs early in pandemic. Biden recently invoked it, sparking speculation that he would speed up production of baby formula if there are shortages.

Biden’s decision has caused Democrats to express their disapproval, which could influence corporate behavior through the threat of action.

Stock Futures Yield Little Progress Following Monday Reports

Investors are on edge as the market remains volatile following an initially calm Monday. The stock futures took another dip with investors waiting for crucial inflation data that will come out later this week, which could provide some insight into how economic conditions may be changing key perceptions about future interest rate hikes.

Futures were heavily influenced by the outlook for stocks in America. The Dow Jones Industrial Average fell 0.1% along with S&P 500 and Nasdaq 100, each taking a dip below their current values.

The markets closed with small gains yesterday as the three stock market indexes ended slightly higher. The Dow Jones Industrial Average finished at 16 points, which is less than 0.1% higher from its open price and jumped 300 points earlier in trading before that day’s end.

Indexes were on a tear this morning, with the 10-year Treasury yield spiking to 3% and indexing itself for its highest level in over 30 days.

Investors are eagerly awaiting any sign that the recent volatility in stocks may be coming to an end. The blackout period on Monday means there will not be any economic data releases or earnings reports from major companies, but some investors believe this could give way for a bear market rally if it proves long enough without significant news causing another sell-off again soon after prevention of further gains.

The President at Yardeni Research, a sell-side consultancy that provides global investment and business strategy services said: 

“Since the beginning of the year, we’re seeing an altitude sickness when you look at the valuation multiple,” he shared. “To a large extent, clearly, with the benefit of hindsight, the market was overvalued. A lot of that was in the negative cap seat, big-cap names, related companies. I think we’ve seen a tremendous correction in that area. And now the question is whether the market can accept the kind of earnings expectations that analysts are delivering and whether those expectations will be correct.”

Investors will be paying close attention to company earnings this week. For example, Cracker Barrel is scheduled to release its results on Tuesday along with JM Smucker and United Natural Foods.

Investors are eagerly awaiting this month’s consumer price index reading to see if inflation has peaked. The number will be released on Friday, and some experts believe it could provide us with an indication as far as where prices may go from here in terms of growth rates or levels for the economy overall.