TIME magazine published the list of the 100 most influential companies in the world for 2022. Among the pioneers were OpenSea and The Sandbox, and among the disruptors — Paxful.
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The publication included in its list those companies that shape the future of various sectors of the economy, including healthcare, entertainment and technology.
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They were selected according to criteria such as relevance, impact, innovation, leadership, ambition and success. They were categorised as pioneers, titans, leaders, innovators and disruptors.
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OpenSea made the list thanks to its role in the NFT hype. The marketplace’s trading volume last year surged 646-fold — to $14.6 billion.
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“Beyond art and creativity, NFTs are now tickets to events, games, music and fashion. Perhaps one day almost everything we own will be recorded on the blockchain,” — said Devin Finzer, CEO and co‑founder of OpenSea.
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The Sandbox features in the Top 100 as an example of the “new world.” Digital land sales in the metaverse project topped $2 billion. Over the year, the number of its owners jumped by 375% to 19,000, including Snoop Dogg, Gucci and others. The number of The Sandbox users reached 2.1 million.
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Paxful earned its place on the list thanks to its drive to give everyone access to cryptocurrencies. The peer-to-peer platform with 6 million users worldwide lowered the barrier to entry into the space of digital assets.
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“Bitcoin as a medium of exchange could unite economies and empower billions of people who lack bank accounts,” explained Ray Youssef, CEO of Paxful.
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In 2021, TIME named Elon Musk “Person of the Year.”
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Earlier the magazine sold three covers as non-fungible tokens and began accepting cryptocurrency as payment for subscriptions.
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