Nabil Luqman

71ae91dc3b1a84099376c66b53daea9d4bfb25a2eed6bd60aba27158de545a0d

Young Money Idea

Social Media

Singapore

Money

Cryptocurrency

Digital

Online Money

Web 3

Irene Zhao

Non-Fungible Tokens (NFTs) have really been trending lately. No matter where you go, there&rsquo;s someone who definitely shared something NFT related, and you can&rsquo;t help but seeing how crazy the figures are.
In fact, people had become instant millionaires thanks to it.
Recently, a Singaporean influencer Yuqing Irene Zhao, 28, had made S$7.5 million (~RM23.3 million) within 10 days! Best part of it all was that she had meme&rsquo;d herself in these NFT&rsquo;s with slags such as &ldquo;Up Only&rdquo;, &ldquo;Wen Moon&rdquo;, and &ldquo;Damp It&rdquo;.
The collection is known as <a href="https://opensea.io/collection/irenedao">IreneDAO</a> and is listed on Opensea and consist of 1,107 items.
The cheapest NFT in the current collection is currently priced at 0.9 Ethereum (ETH) which is worth approximately S$3,000 (~RM 9,351).
<img src="https://cdn1.myc.com.my/image/upload/v1643097497/unsigned/kbbskhiye3yrnbhw4vkq.png" />
&nbsp;
According to Opensea, the entire collection has a value of 2,300 ETH.
<img src="https://cdn1.myc.com.my/image/upload/v1643097528/unsigned/klrmjsx6c1ncd7rtdgmk.jpg" alt="Some of the NFT's available on Opensea." width="730" height="567" /> Some of the NFT's available on Opensea.
&nbsp;
Among all the NFT&rsquo;s her &ldquo;Have Fun Staying Poor&rdquo; NFT is valued at 1000 ETH (~RM9.8 million) which is the most expensive NFT in the collection.
<img src="https://cdn1.myc.com.my/image/upload/v1643097560/unsigned/hnmo2ucgtl6x27huzra8.png" />
&nbsp;
What started off as a joke became business
Initially, the collection was started off as a Telegram sticker pack. A fan of Zhao had suggested that it should be turned into an NFT collection.
Zhao is a National University of Singapore (NUS) graduate who worked as a commodity broker before dabbing into crypto in the early 2021.
The collection is fully own by Zhao and is distributed with a free mint.
For those who didn&rsquo;t know, minting an NFT is how digital art becomes a part of the Ethereum blockchain where it becomes unchangeable and tamper-proof. It&rsquo;s similar to metal coins as they are minted and added into circulation.&nbsp;
<img src="https://cdn1.myc.com.my/image/upload/v1643097799/unsigned/b2psav8y6ogzuzuqsdff.jpg" alt="Mike Novogratz (left) and Logan Paul (right)." width="838" height="279" /> Mike Novogratz (left) and Logan Paul (right).
&nbsp;
If you really wanted to know how popular these became, big names such as Galaxy Digital CEO Mike Novogratz and even YouTuber Logan Paul had purchased it.
Creating a decentralised social networking project
Zhao and her business partner Benjamin Tang said that it&rsquo;s part of their dream of building &ldquo;Social Collectibles&rdquo; or &ldquo;So-Col&rdquo;.
So-Col is a decentralised social networking platform where other content creators or influencers can turn their social media content into non-fungible collectible items. The main aim is to help monetise content and build communities with their fans.
The money from the project will be funnelled into the IreneDAO community and used to &ldquo;experiment the best ways of integrating Web3 into the creator economy&rdquo;.
What&rsquo;s DAO?
DAO stands for Decentralized Autonomous Organization which is an internet community which pools a shared Ethereum wallet.
If one were to purchase the NFT, it will double as a membership to IreneDAO&rsquo;s &ldquo;Genesis Tribe&rdquo;
If you go to their <a href="https://www.irenedao.com/">website</a>, their slogan literally says SIMP. But it&rsquo;s not the simp that everyone would think but it means Simplicity, Integrity, Meaning and Purpose.
<img src="https://cdn1.myc.com.my/image/upload/v1643097820/unsigned/fkp9rndhimumnljsu5xa.png" />
&nbsp;
Time to shift from Web 2.0 to Web 3.0 
For those who are not too familiar, Zhao took the time to explain the shift on Twitter.
<blockquote class="twitter-tweet">
Here&rsquo;s why <a href="https://twitter.com/0xIreneDao?ref_src=twsrc%5Etfw">@0xIreneDao</a> is not a fluke or as some may have it, an Asian Fetish. They are missing the real deal. Something bigger underlies the concept that is behind the IreneDao. 👇🏻🧵 Here&rsquo;s the story:
&mdash; Irene Zhao (@Irenezhao_) <a href="https://twitter.com/Irenezhao_/status/1484031784035979265?ref_src=twsrc%5Etfw">January 20, 2022</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The thread contains information of achievements she&rsquo;s had with her NFT and also the concept behind it. Zhao also said that she can now earn money as a content creator as fans can support her work by pumping money directly into things, she produces which is more effective in investing in.
Previously, she had to produce content and rely on sponsored post which projects her audience towards product placements in her photos.
<img src="https://cdn1.myc.com.my/image/upload/v1643097847/unsigned/i8inqbowwvg0uk1ldytk.png" />
&nbsp;
She explains that in Web 2.0, the platforms are &ldquo;walled gardens&rdquo; and that people are the products instead of the promoted item itself.
With the shift to Web 3.0, there&rsquo;s a high chance of seeing many other content creators such as Zhao earning royalties off their work directly from supporters without needing other intermediaries.
It&rsquo;s an interesting way of putting things to perspective as all earnings will go directly to the content creator. If this keeps up, this will be a game changer for all content creators out there. But how long will the crypto trend continue as recently we saw Bitcoin dropping to it&rsquo;s all new low recently. &nbsp;
&nbsp;
*Sources: Visual and Reference Credits to Social Media, Mothership, Opensea, CoinMarketCap &amp; various cross references for context.
FOMO much? Follow our <a style="color: #fc0505;" href="https://www.facebook.com/mycclub/">Facebook</a> and <a style="color: #fc0505;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a> for more updates.

The NFTs sold also serves as an access pass to the IreneDAO Community. 

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S’Pore Influencer Irene Zhao Makes S$7.5 Million In 10 Days By Selling NFT Memes

Article by Nabil L + Jason K Experience &amp; Eating by Pritti - want to get Paid for Eating? Join MYC.my as a KOL&nbsp; This experience is powered by AA food app!
Calling for cafe hunters!
When there are too many cafes around and you are in a dilemma of choosing which one to try&hellip;fret not!
We have partnered up with airasia Super App to ease your choices with the best cafes in town, where you can dine in or simply have them delicacies delivered to the comfort of your home. Just leave it to airasia Super App!
Support our Local Creative Entrepreneurs with ridiculously low fees for bringing the Experience to you when you can't go out. Or providing you the cheapest safest ride to destination featured here. Check out the Cash Promo Codes below.
Let&rsquo;s celebrate with Pritti Angela who has visited a neighbourhood cafe named Union Artisan Coffee located in 1 Utama!
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</blockquote>

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Union Artisan Cafe is located on the ground floor of 1 Utama Shopping Centre. This hidden gem offers a cosy and relaxing ambience, an escapade from the hustle bustle of the city. It is a perfect place for teatime and meals to be enjoyed alone or with some company for some quality time.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1651292750/unsigned/o2v2tsmfnycnccqncp6w.png" />
&nbsp;
The idea of this cafe went from neighbourhood-concepted cafe to cater the neighbourhood and working community, which has now expanded into brewing refined coffee, comfort food, and desserts as well.
<img src="https://cdn1.myc.com.my/image/upload/v1651292770/unsigned/uylcowuepx7bp00hjbdo.jpg" />
&nbsp;
Let&rsquo;s indulge in the food!
Pritti Angela had ordered some delicious cake, coffee and snacks off the menu!
Starting with the yumcha set (1 cake and 1 beverage):
<img src="https://cdn1.myc.com.my/image/upload/v1651293208/unsigned/fdaascbep4reiguzf85y.png" />
&nbsp;
Chocolate With Salted Peanut Butter Cake + Hot Flat White (RM20)
The cake was divine. She described that it was moist with a balanced combination of sweet and salty. Whereas the coffee was skilfully designed by the barista, she complimented that it tasted just right!
Onto the snacks:
Deep Fried Cauliflower (RM16.90)
<img src="https://cdn1.myc.com.my/image/upload/v1651293364/unsigned/nja1rvwmnesojo0t6orl.png" />
After sweet for sure comes savoury! If you are not a vegetable lover, this snack will change your mind. Fried until golden brown, it came with a dipping sauce. What a perfect combo right? She mentioned that she loves the sauce so much!
&nbsp;
To eat at the comfort of your home, airasia Super App is here to the rescue! Apply the promo code AAYOUTH8* for RM8 off your first order!
But if you prefer to dine in but no personal transport? Just apply AAYOUTH5* for an extra RM5 off your first ride!
(*For first time users only.)
<img src="https://cdn1.myc.com.my/image/upload/v1651293455/unsigned/exklinliu2cqmqzxbu8p.png" />
&nbsp;
Visit Union Artisan Coffee! 
<img src="https://cdn1.myc.com.my/image/upload/v1651293474/unsigned/yjedsvc40uqlzmqytric.jpg" />
&nbsp;
<iframe style="border: 0;" src="https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d3983.793974255662!2d101.61394411475735!3d3.1489856977071!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x31cc49a7071d4019%3A0x1117d80d2d014174!2sUnion%20Artisan%20Coffee!5e0!3m2!1sen!2smy!4v1653036955337!5m2!1sen!2smy" width="600" height="450" allowfullscreen="allowfullscreen" loading="lazy"></iframe>
Address: Lot G139D, Ground Floor, 1 Utama Shopping Centre, 47800 Petaling Jaya, Selangor, Malaysia.
Open from 10am-10pm daily.
Phone Number: 011-1261 6204
&nbsp;
FOMO much? Follow our <a href="https://www.facebook.com/mycclub/">Facebook</a> and <a href="https://www.instagram.com/myc_news/?hl=en">Instagram</a> for more updates.

c5b357784b560d6f7af4821966714459b2a6fd73ccefe46a39bd6b641dd1fcf6

Good Coffee Good Vibes ..WFC Work from Cafe  or Order the Experience WFH @ Union Artisan Coffee

Article by Nabil L + Jason K Experience &amp; Eating by Qyra&nbsp;- want to get Paid for Eating? Join MYC.my as a KOL&nbsp; This experience is powered by AA food app!
Have you ever been too drained to go out of the house after a long day of work? Well worry not as we now live in the era of technology and delivery is available no matter where you are (as long as you&rsquo;re in town at least :P).
The AA SuperApp supports our Local Creative Entrepreneurs with ridiculously low fees for bringing the Experience to you when you can't go out. Or providing you the cheapest safest ride to destination featured here. Check out the Cash Promo Codes below.
A penne for your thoughts? We&rsquo;ve partnered up with airasia so you can sit worry free from the traffic and enjoy delicious meals from your home!
Today we are joined by Qyra who got her pasta fix from La Risata in Ampang from the comfort of her own home.
<blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/tv/Cc4v9d2JA5X/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14">
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La Risata Bar Pizzeria Ristorante is an Italian restaurant located in Ampang and if you&rsquo;re looking for a night out with good company, the restaurant certainly hits the spot!
A little bit behind the name, it actually means &ldquo;the laughter&rdquo;! The restaurant has been around Kuala Lumpur since 1996 and has one of if not the most authentic Italian dishes from traditional wood-fired thin and crispy pizzas to pastas, meat and even seafood!
<img src="https://cdn1.myc.com.my/image/upload/v1651302880/unsigned/ad7t1zgu5fdqvcdy49na.jpg" />
&nbsp;
The restaurant mainly serves Italian food and it&rsquo;s split in multiple levels with their very own private dining room if you wanna have a special night with your best buddies.
Let&rsquo;s take a look at the food! Since Qyra decided to stick around at home during the puasa month, she took the opportunity to use the airasia Super App and ordered her food via airasia food!
Penne Con Gamberi E Pesto (RM40) 
<img src="https://cdn1.myc.com.my/image/upload/v1651302893/unsigned/pjkgojgpbr3xjrdkithx.jpg" />
&nbsp;
After a long day of work, what better way to buka puasa with a nice pesto pasta! One of the best parts of it is the fact that the pesto came with 3 big prawns! To add a little flavour, you can add on a little parmesan cheese to bring out the flavour in the dish! 
Don't wanna go out and drive in heavy KL traffic? Don&rsquo;t worry as you enjoy La Risata right at your doorstep with the airasia Super App! You can use the promocode AAYOUTH8 to get an extra RM8 off your first order! If you wanna go out but don&rsquo;t have a car, you can also use AAYOUTH5 to get an extra RM5 off your first ride! (*applicable to new users only)
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1651302922/unsigned/maatchqzbzl8kfntupiw.png" />
&nbsp;
La Risata Rating: Food: 5/5 Price: 3/5 Ambience: 5/5 Would visit again: Yes! Overall: 5/5
Visit La Risata! 
<img src="https://cdn1.myc.com.my/image/upload/v1651302981/unsigned/mnxkadwak6ncohai92pm.jpg" />
&nbsp;
Address: 16, Persiaran Ampang, Kuala Ampang, 55000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Phone Number: 03-4252 6269 Operation time: 11am-3pm, 6pm-11pm Monday to Sunday. Make reservations: <a href="https://linktr.ee/Larisata">https://linktr.ee/Larisata</a>
&nbsp;
FOMO much? Follow our <a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a> and <a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a> for more updates.

Can’t go out of the house? Don’t worry as delivery opens up many pasta-bilities! 

76a87536a2655c65b8ac66793598acfa5742517ca5ad711f3dc401217beb6331

The Pastabilities Are Endless At La Risata, Ampang!

Collecting sneakers is one of the more expensive hobbies out there as many would like to chase the hype of owning the freshest kicks.
But one question that sets the bar is, how much would you really pay for a pair of sneakers?
<img src="https://c.tenor.com/hbXArWrJ3CEAAAAC/new-shoes-nice.gif" />
&nbsp;
Recently, luxury fashion brand Balenciaga had unveiled their &ldquo;Paris Sneaker&rdquo; collection which features some limited edition of their high-top sneakers. The price is set at S$2,590 (~RM8261.33) each which sounds reasonable considering it&rsquo;s Balenciaga.
But the shoes feature a design that&rsquo;s &ldquo;fully destroyed&rdquo; and some with a distressed canvas and rough edges around it making it look pre-worn.
<img src="https://cdn1.myc.com.my/image/upload/v1653035552/unsigned/v6vi3uwxfbhsehlxnxqz.png" />
&nbsp;
Now these ones up here are the rough edges and pre-worn looking sneakers.
<img src="https://cdn1.myc.com.my/image/upload/v1653035560/unsigned/j9mjzp4yro5wmhfthota.png" />
&nbsp;
The &ldquo;extra destroyed&rdquo; shoes are one real ones in question. They quite literally look like they were pulled out of the trash and was abandoned somewhere for years as it features extremely worn and scuffed materials, worn marks and dirtied.
Now why would someone do this&hellip; or is this a sign of Balenciaga calling out the French for being very dirty?
Currently, Balenciaga says that the extra destroyed sneakers will have only 100 pairs and is available on their website in either black or white.
&ldquo;Worn for a lifetime&rdquo;
The French designer company explains that the limited-edition shoes and more specifically the &ldquo;extra destroyed&rdquo; ones suggest that the sneakers were meant to be worn for a lifetime.
Unfortunately, despite their efforts, it seems like they received more backlash than support from consumers worldwide. Yeah, no one wants to pay that much for a shoe that&rsquo;s looks like that. In fact, you could probably look better in a worn-out pair of converse instead.
<img src="https://cdn1.myc.com.my/image/upload/v1653035601/unsigned/joqaffqp2xg1lerdcpqv.jpg" alt="See, even if beaten up, they still look good and hold its shape." width="500" height="333" /> See, even if beaten up, they still look good and hold its shape.
&nbsp;
Here are some of the comments from netizens about the beaten-up shoes:
As quoted by my senior editor, &ldquo;The shoe looks like s***&rdquo;. Yep. He&rsquo;s not wrong.
&nbsp;
<blockquote class="twitter-tweet">
Balenciaga is releasing a new pair of shoes, and I have to assume they are just trolling people at this point. <a href="https://t.co/IsJaBxCvy6">pic.twitter.com/IsJaBxCvy6</a>
&mdash; Joe Pompliano (@JoePompliano) <a href="https://twitter.com/JoePompliano/status/1523766418407571476?ref_src=twsrc%5Etfw">May 9, 2022</a></blockquote>

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<blockquote class="twitter-tweet">
Alright, this is the worst sneaker I&rsquo;ve seen today&hellip; Balenciaga has to be trollin <a href="https://t.co/nmMTDePmB6">pic.twitter.com/nmMTDePmB6</a>
&mdash; Seth Fowler (@RealSethFowler) <a href="https://twitter.com/RealSethFowler/status/1523737646836555776?ref_src=twsrc%5Etfw">May 9, 2022</a></blockquote>

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<blockquote class="twitter-tweet">
I feel Balenciaga is using those &ldquo;fully destroyed&rdquo; shoes as a social experiment to test how far humans are willing to go all in the name of luxury.
&mdash; Precious Gaza 🌍 (@preshgaza) <a href="https://twitter.com/preshgaza/status/1525439228997513219?ref_src=twsrc%5Etfw">May 14, 2022</a></blockquote>

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<blockquote class="twitter-tweet">
Balenciaga's new "distressed" range of shoes starting at $625 is basically the rich cosplaying as poor. <a href="https://t.co/1iX1WYq2Q7">pic.twitter.com/1iX1WYq2Q7</a>
&mdash; Dank Left (@LaterCapitalism) <a href="https://twitter.com/LaterCapitalism/status/1524063890157580294?ref_src=twsrc%5Etfw">May 10, 2022</a></blockquote>

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<blockquote class="twitter-tweet">
Selling my brand new Balenciaga shoes, never been worn <a href="https://t.co/edZ7MXe8ze">pic.twitter.com/edZ7MXe8ze</a>
&mdash; Clutch's Twin Brother (@CrutchTheBear) <a href="https://twitter.com/CrutchTheBear/status/1524120551056420871?ref_src=twsrc%5Etfw">May 10, 2022</a></blockquote>
&nbsp;
Heavy criticism from the Chinese consumer market
It&rsquo;s no stranger that the brand had sparked anger among Chinese consumers. Recently they had over 2 million consumers voicing their criticism over Weibo and saying the shoe is too ugly and said it shows how the wealthy can be insensitive and tone-deaf.
<iframe title="YouTube video player" src="https://www.youtube.com/embed/DzdyJk6P3FE" width="378" height="671" frameborder="0" allowfullscreen="allowfullscreen"></iframe>&nbsp;
&nbsp;
Back in 2018, the brand was boycotted by many after a staff had roughly manhandled a Chinese tourist at a Balenciaga outlet in Printemps department store in Paris. In 2020, they received more backlash after having launched a series of bags for Chinese Valentine&rsquo;s Day where many say it was gaudy and insulting.
Well, I&rsquo;m no shoe collector (at least for those expensive hyped-up shoes) but I do love getting new pairs to use and rotate them occasionally. Even if I had the money, I wouldn&rsquo;t bother getting these shoes cause it seriously just doesn&rsquo;t justify the price. 
What are your thoughts on fashion in the modern era? It&rsquo;s getting a bit out of hand, isn&rsquo;t it? Let us know your thoughts in the comments!
&nbsp;
*Sources: Visual and Reference Credits to Social Media, Mothership, Balenciaga &amp; various cross references for context.
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Many had criticized the brand for being too insensitive and tone-deaf towards the poor. 

de2f32baf1b8b5cee2145bdecaaf6676e6ebfbf7d37e8e7479779afdc5f64df6

RM8,261 For A Pair Of Extremely Trashed Balenciaga Shoes? Count Me Out.

I&rsquo;m sure many of us who remember those good ol&rsquo; school days, there&rsquo;s always one trouble maker in class which can potentially get the whole class in trouble.
Punishments in class are normally pretty light from standing outside the class or perhaps submitting extra work to the teacher. Unfortunately, that&rsquo;s not the case for this incident which had landed one teenager in the hospital after the punishment almost took a near-fatal turn.
The incident happened at Foon Yew High School in Kulai, Johor where a teacher had punished the whole class after one student failed to complete their homework. Due to that, the students were allegedly made to run 30 rounds around the school&rsquo;s volleyball court with their mask on.
<img src="https://cdn1.myc.com.my/image/upload/v1653026921/unsigned/ezcdpzu8pr8levy9v8b2.png" />
&nbsp;
As the class served the punishment, the girl had felt ill after running 15 rounds and was allowed to walk the remaining rounds. Unfortunately, when she got home, her condition had worsened as her heart rate accelerated to 200bpm which caused her to go into shock. She had been rushed to the hospital and was subsequently admitted into the Intensive Care Unit (ICU).
School initially brushed off the incident
<img src="https://cdn1.myc.com.my/image/upload/v1653026934/unsigned/u1t2ki5qttbhivykyiau.jpg" />
&nbsp;
In a Facebook post which had already been deleted, the girl&rsquo;s mother stated that she school had brushed off the incident after several days as she wanted to discuss about it.
"They told me the issue had been settled and that the school did not enforce mask-wearing during physical activity&rdquo; she said. She was also rejected upon a request to meet the school&rsquo;s principal.
The thing that didn&rsquo;t make sense was that the teenager had told her mother that the teacher had insisted the class to wear their masks even when exercising (which under the current law, is not required when doing so). The students were only allowed to take their mask off when feeling unwell.
Principal issues apology over the incident
<iframe style="border: none; overflow: hidden;" src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fjolynkua%2Fposts%2F10159854196257264&amp;show_text=true&amp;width=500" width="500" height="494" frameborder="0" scrolling="no" allowfullscreen="allowfullscreen"></iframe>
&nbsp;
As the mother was dissatisfied about the behaviour, she had shared the incident online but once it gained the attention of many, the principal had contacted her to issue an apology.
Subsequently they invited the parents for a meeting on 18 May where a formal apology from the teacher involved and the principal as they admitted that they handled the mater inappropriately. The mother had also indicated that after the whole ordeal, she won&rsquo;t be pursuing the matter.
Thankfully the school took proper responsibility right after but a friendly reminder to all is no not push yourself or someone during intense physical activities as we won&rsquo;t know what consequence it may bring. 
Another reminder is that when playing sports, its also better to not wear your mask as it restricts oxygen flow to your body. 
&nbsp;
*Sources: Visual and Reference Credits to Social Media, AsiaOne, China Press &amp; various cross references for context.
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She and her classmates had to run 30 rounds around a volleyball court causing her heart rate to race to 200bpm.

1385a07566f7f1881fbb58e69135e23b16314ea48a4486ae58de646282916109

Gone Too Far? Teenage In ICU After Intense Class Punishment By School Teacher

Tired of slow internet or maybe your own area doesn&rsquo;t provide the selected internet coverage you need?
<img src="https://media3.giphy.com/media/6HZ0P9IkUSfgk/giphy.gif?cid=790b7611d9dc2540f252ee64c80d831406bce16c326cd90b&amp;rid=giphy.gif&amp;ct=g" alt="Wifi GIF" />
Well, it looks like Malaysians will have something to look forward to as SpaceX had recently noted that their Starlink satellite Internet service in will be available in 32 different countries throughout the world in 2023. One of them being Malaysia!
Initially the internet service belonging to Elon Musk is supposed to be available here in 2022. In a post by Lowyat, they had enquired with the Malaysian Communications and Multimedia Commission (MCMC) if SpaceX had obtained the necessary regulatory operation approvals in Malaysia but had never got a response.
<img src="https://cdn1.myc.com.my/image/upload/v1653015681/unsigned/ewofsi7sjgyivg5jd056.webp" />
&nbsp;
Just as most Malaysians were wondering about Starlink, Azmin Ali who is the Minister of International Trade had tweeted about the government&rsquo;s view on Starlink.
You can read the thread below:
<blockquote class="twitter-tweet">
Today, I had the opportunity to tour the <a href="https://twitter.com/SpaceX?ref_src=twsrc%5Etfw">@SpaceX</a> facility during my meeting with the Starlink team, Mr. Andrew Matlock, Mr. Jonathan Hofeller, Mr. Samuel (Chad) Gibbs and Ms Rebecca Hunter. <a href="https://t.co/Fe0M2Dza3K">pic.twitter.com/Fe0M2Dza3K</a>
&mdash; Mohamed Azmin Ali 🇲🇾 (@AzminAli) <a href="https://twitter.com/AzminAli/status/1527076398766075905?ref_src=twsrc%5Etfw">May 18, 2022</a></blockquote>

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&nbsp;
He is currently in the United States as he is on a trade talk tour where he&rsquo;s met representatives from Amazon and even Microsoft. As he goes to meet SpaceX, he was greeted by Andrew Matlock who is the Director of Commercial Sales alongside Jonathan Hofeller and Samuel Gibbs IV who are the Vice Presidents at Starlink.
Now accepting orders from Malaysia
<img src="https://cdn1.myc.com.my/image/upload/v1653015707/unsigned/pnk7prsalevierdmhrf4.jpg" />
&nbsp;
Even before it&rsquo;s officially launched, those interested can already reserve their Starlink by placing a deposit of USD99 (~RM435) and it will be fulfilled on a first-come, first-served basis. The system will work as long as the area is within its satellite coverage and will require a Network Facility or Service Provider license (NFP/NSP) from the MCMC.
So, how much is it?
<img src="https://cdn1.myc.com.my/image/upload/v1653015743/unsigned/rzmjlbrycrbwppff6oq3.jpg" />
&nbsp;
If you&rsquo;re looking forward to Starlink, it&rsquo;s going to cost you quite a bit as the price had recently increased. The hardware alone cost USD599 (~RM2,638) and the monthly subscription fee cost USD110 (~RM485).
For the price, its expected that you&rsquo;ll get between 100 to 200 Mbps with latency as low as 20ms in most locations. This is possible thanks to their low orbit earth (LEO) satellites which revolves around at a much lower altitude compared to geostationary satellites.
All honesty, this is much better than the current ConnectMe satellite service by MEASAT. It does provide 100% coverage around Malaysia but has download speeds up to 30Mbps and a high ping of 500ms.
Is Starlink worth it?
<img src="https://cdn1.myc.com.my/image/upload/v1653015789/unsigned/of4ysdugumehgmgl8igl.jpg" />
&nbsp;
In my own personal opinion, only if you&rsquo;re in a more rural area where internet access can be limited, then yes, it would be worth the price, but you would probably want to share the cost among a few people, so it doesn&rsquo;t put a hole in your wallet.
But if you&rsquo;re still in the city like most of us, it would still make more sense to subscribe to the normal fibre packages from Maxis, Time or even Unifi as it is more cost effective and can provide higher speeds.
What are your thoughts on Starlink? Let us know in the comments!&nbsp;
&nbsp;
*Sources: Visual and Reference Credits to Social Media, Starlink, SpaceX, Azmin Ali &amp; various cross references for context.
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The Minister of International Trade says that he’s looking forward to welcome the service in Malaysia. 

0eddc39d9f1f84b1c216753a207230618d3b578bf00ffdadd007c57d5a7e03bb

Big Fan Of Elon? Well, You Might Be Able To Get His 'Starlink' Services Soon

With modern times now, there&rsquo; been a lot of businesses being done fully online now and less people have been going to ATMs and using cash outside.
Businesses such as micro, small and medium enterprises (MSMEs) should also adopt start adopting cashless transactions as it&rsquo;s fast + safe said Prime Minister Datuk Ismail Sabri Yaakob.
<img src="https://cdn1.myc.com.my/image/upload/v1650268399/unsigned/s515ljghlqrxw4aq3kuz.webp" />
&nbsp;
The Covid-19 pandemic had encouraged many methods of cashless payment and it&rsquo;s become common for many to not bring their wallets or cash out. In 2021 alone, ecash transactions alone amounted to RM50.5 Billion in comparison to RM29.6 Billion in 2020 he said.
&ldquo;This is the main reason why the ePemula programme is introduced. We want to encourage youth to embrace cashless transaction,&rdquo; he said when launching the ePemula initiative.
EPemula is another ecash programme set to benefit some two million youths and students in institutions of higher learning.
Under the programme, eligible youths between 18 and 20 as well as full-time students in institutions of higher learning will be given RM150 in ecash.
<img src="https://cdn1.myc.com.my/image/upload/v1650268411/unsigned/r7qbatwoxeu2qjrw1g7h.png" />
&nbsp;
Another factor for the introduction of the Epemula programme is to help ease the financial burden of the youth.
&ldquo;We hope youths will spend the credit given to them wisely and support local businesses, especially the micro, small and medium scale industry so that these businesses can recover.
&ldquo;With more businesses back on track, there will be more revenue for the government and more people, especially the B40 group, can be assisted,&rdquo; he added.
Youth is an important part of nation-building
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1650268424/unsigned/udwlcqcrbrzcpqazs411.jpg" />
&nbsp;
With many youths out there today, it&rsquo;s important to support them as they play a big role on how our country develops. Ismail Sabri also says that they need to be given opportunities to chart Malaysia&rsquo;s future.
The government will be drafting the National Youth Economic Empowerment Plan to further strengthen their roles in the development of the country.
Increasing number of businesses using ewallets
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1650268448/unsigned/y7bzv9untdxoozc8ko0z.webp" />
&nbsp;
Finance Minister Tengku Daruk Seri Zafrul Tengku Abdul Aziz mentioned that more shops have begun accepting payments via ewallets due to the pandemic.
Malaysia recorded a 60% increase in registrations for ecash, Duit Now and QR code transactions as of December 2021. Cashless transactions went up by 74.4% compared to 2020 as 1.1 billion such transactions were made in 2021.
Through the Epemula programme, Zafrul hopes that ecash payments will remain and support more digital financial initiatives.
&nbsp;
&nbsp;
*Sources: Visual and Reference Credits to Social Media, The Star &amp; various cross references for context.
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&nbsp;

In addition to going cashless, the ePemula programme was launched to enable youths to embrace more cashless transactions. 

2fde8740e45b5d0796241278955a706d3bf7ea46b499f876a85677227788a2d3

"Go Cashless!" Prime Minister Encourages Malaysians

It&rsquo;s been more than 2 years since the lockdown and things are still looking bad.
Malaysians are not the only one suffering from bad economy but in fact almost all of Asia and even other regions of the world are all suffering from the post pandemic phase.
If there&rsquo;s one thing that everyone can feel is the increase of goods whether it being daily necessities or even food.
<img src="https://cdn1.myc.com.my/image/upload/v1649913009/unsigned/st2qviicbul4x5hpiukq.jpg" />
&nbsp;
A famous hotpot restaurant in Beijing known as Ma Hong&rsquo;s Spicy Hotpot had been struggling to stay afloat since their opening in 2021. Due to the pandemic, the prices of beef had tripled and key ingredients now costing more than 50% of their original price.
"We sell it at the same price as before. Also with the impact of the Covid-19 pandemic, everybody is hanging in there. It is the same all over Beijing. We are not the only restaurant suffering," said the owner of the restaurant.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1649913055/unsigned/icomoa596jiayx7kkw4d.png" />
&nbsp;
Many Asian restaurants including street food hawkers are now having an issue if they should just take the hit of the higher cost or passing them on which could risk them losing loyal customers.
Ukraine &amp; Russia war affecting supply chain
<img src="https://cdn1.myc.com.my/image/upload/v1649913078/unsigned/qowealpntzpzqhx9q8xf.webp" />
&nbsp;
With the war going on, it certainly didn&rsquo;t help the fact that the price of ingredients and materials had increased and affected the supply chain which was already struggling since the Covid-19 pandemic.
Let&rsquo;s put Asia to perspective, there are many stalls which sell delicious street food at an affordable price. It became popular to many households but with the price of goods increasing, many are feeling the pressure of expense usage.
In an interview with an owner of a biryani store in Kranchi, Pakistan, Mohammad Ilyas states that the price of a kilogram of the seasoned rice dish is costly as it&rsquo;s now 400 Pakistani rupees (~RM9.26).
<img src="https://cdn1.myc.com.my/image/upload/v1649913096/unsigned/gxqvlnhldf6he5miquyt.jpg" />
&nbsp;
Ilyas also noted that some businesses are dealing with the pressure of cutting portion sizes due to the expensive cost. A dish which was meant to be affordable to many had inflated so much that the poor can&rsquo;t afford to eat it.
Meanwhile in Jakarta, a nasi goreng street vendor, Syahrul Zainullah had to unfortunately reduce the size of his servings instead of raising the price. He also didn&rsquo;t want to opt out for lower grade ingredients in fear of losing the taste that many like.
<img src="https://cdn1.myc.com.my/image/upload/v1649913109/unsigned/mu8xa2ndxbpgc0mwbwv1.jpg" />
&nbsp;
Meanwhile al the way up in South Korea, inflation of vegetables has been hitting many sellers hard. Choi Sun-hwa who&rsquo;s a 67-year-old kimchi shop owner had shared that she used to be able to get 10 heads of cabbage for a particular price and now with the inflation, she only received 7.
<img src="https://cdn1.myc.com.my/image/upload/v1649913136/unsigned/hfmasicmidfqlbd4aumg.jpg" />
&nbsp;
Kimchi is a spicy fermented cabbage which is a highly popular side dish in South Korea which is generally free with every meal at eateries. One customer at Chio&rsquo;s store even joked that they should rename kimchi to &ldquo;keum-chi&rdquo; as keum stands for gold in Korean.
If the price of goods keeps increasing, Choi says that she won&rsquo;t likely be able to continue running the business if she can&rsquo;t raise prices.
Change of eating habits
<img src="https://cdn1.myc.com.my/image/upload/v1649913146/unsigned/ahjglyidmtovqt8lr1xo.jpg" />
&nbsp;
Back then, you&rsquo;ll likely see a lot of people going out to restaurants and enjoying a meal together with family and friends or perhaps maybe alone for some &ldquo;me time&rdquo;.
Due to the cost of goods being expensive, many have now opted to limit eating out and start cooking at home more. Some even comment the days where we can buy many items with RM150 at grocery stores and nowadays, you can barely get anything.
In fact, drinks are sometimes more expensive than food too which makes many people think twice before spending.
Honestly, I do hope that the economy would recover cause at this rate, fresh grads who just got jobs will really suffer to get their daily necessities especially if they live away from their parents. They&rsquo;ll need to think of rental, maintenance fees, petrol and many more things.
&nbsp;
*Sources: Visual and Reference Credits to Social Media, The Edge, Reuters &amp; various cross references for context.
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Due to the pandemic and war, many had resorted to either cutting their servings, increasing price or just trying to soldier through the inflation.

e1f051de671aaa127e33f06ea81e865a49145d67db2180510cf3f57573b79eab

#Mahal : Inflation Of Goods Getting Out Of Hand?

Are you a crypto enthusiast? Well, it seems like there may be opportunities for you coming soon here in Malaysia.
Crypto.com which is a cryptocurrency exchange app which is based in Singapore appears to be expanding it&rsquo;s workforce into Malaysia. According to a report by Rnggt, the company had released several vacancies for a full-time position in their company on LinkedIn.
For those who don&rsquo;t know about crypto.com, their app serves as a one-stop platform for users to access, buy, manage and sell their different types of cryptocurrency. In fact, the company also offers users a Visa prepaid card of varying tiers which allows users to spend their cryptocurrency under the company&rsquo;s own CRO native token.
<img src="https://c.tenor.com/Cc2EQtVXcTUAAAAC/how-interesting-coffee.gif" />
&nbsp;
Recently, the app had launched their NFT Marketplace where users can showcase their artwork or even buy and sell items.
What are the available positions in the company?
<img src="https://cdn1.myc.com.my/image/upload/v1648539118/unsigned/ftftrfnilzyspbfgjmud.jpg" />
&nbsp;
Currently, one of the higher positions in offer would be the General Manager position where they will have to plan out the company&rsquo;s strategy, introduction and many more. Aside from that, there are management-based roles, talent acquisition, android app development, creative growth and many more.
On a side note, there&rsquo;s no saying if the jobs will require you to be in office as of now as we don&rsquo;t know if the company plans to open up a local office. The current jobs on offer are all listed as a remote job so you can be anywhere to do it as long as you have decent internet connection.
<img src="https://i.pinimg.com/originals/fd/a7/c0/fda7c018db9a09ff0ed234957e9b25b9.gif" />
&nbsp;
It does look like the company is really growing in the local scene and it will likely be competing against many other digital assets exchanges which have already been established in Malaysia.
I mean, look at them. Their company had also been spotted as one of the global partners in Formula 1 which is a billion-dollar industry.
<img src="https://cdn1.myc.com.my/image/upload/v1648539303/unsigned/lwcuwz9flwb77vewwywp.jpg" />
&nbsp;
With the future leaning into crypto, do you think it&rsquo;s a good idea to start investing into it now? Let us know your thoughts in the comments.
&nbsp;
*Sources: Visual and Reference Credits to Social Media, Rnggt, AutoSport &amp; various cross references for context.
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Positions are now open in LinkedIn + they are offering remote working.

cd0d1b93c2e1bf2cc7c908e28a76cdde027c033d113a0abec6992249171e213d

Crypto.com Is Entering The Malaysian Market & They Are Looking To Hire

Have you ever questioned yourself lately on why you&rsquo;re going broke so fast even if you do have a stable job?
Well, the unfortunate truth is that the cost of living has been going up over the years and we can&rsquo;t do much about it. Like here&rsquo;s a reality check, we are paying more for a drink than our food now.
<img src="https://media1.giphy.com/media/yWTrzwWVS9x1zHPIwT/giphy.gif?cid=790b761156677b06fbef01122236887b59081065c7708254&amp;rid=giphy.gif&amp;ct=g" alt="Season 4 Vegan GIF by The Office" />
&nbsp;
Yeah, let that thought sink in. Half the time we go out to eat, our drink is either half the price if not more than the price of some of our food.
With the rising cost of living, Prime Minister Ismail Sabri Yaakob had announced a new policy to help those working. The minimum wage of workers will now be increased to RM1,500 a month. According to him, the new minimum salary will be raised will come into effect on 1 May and details will be finalised soon.
Human Resource Ministry and the Entrepreneur Development and Cooperatives Ministry will be holding discussions to identify the small and micro businesses who can&rsquo;t afford to pay the minimum RM1,500.
So far, no conditions have been revealed yet, but these selected small businesses may be able to &ldquo;delay&rdquo; the payment of the new minimum wage. Judging by this statement, it suggests that there will be a policy that will be implemented for this issue.
What is the rough usage of families per month if you&rsquo;re living in the city?
<img src="https://cdn1.myc.com.my/image/upload/v1647924709/unsigned/jiltp1gphlcmimynfwvq.webp" />
&nbsp;
According to Bank Negara&rsquo;s living wage estimates, the above is the rough wages used for each of these categories for someone living in Kuala Lumpur back in 2016.
If a single adult needed 2,700 back in 2016, imagine now fast forwarding 6 years later. I&rsquo;m sure it&rsquo;s increased.
Just last week, Human Resources Minister M. Saravanan revealed that the minimum wage increase will be placed &ldquo;soon&rdquo; instead of waiting till the end of the year. Although this is good, not everyone is keen on the increase such as the Malaysian Employers Federation (EPF) as they claim that this is only beneficial for foreign workers in the country.
For those who didn&rsquo;t know, the National Wages Council is required to review the minimum salary every two years and changed will be subjected based off discussions. Back in 2012, the minimum wage was set at RM900 and in 2020 a revision was made to hike it to RM1,200 in 56 cities and towns. Unfortunately, even with the hike, some cities had remained at RM1,100.
Sometimes, I&rsquo;m pretty sure a lot of people question the government on how they look at the price of minimum wage. They clearly know that prices of items are going up but how high can it go? Even our vegetables are expensive now. 
Aside from the increase in minimum wages, do you think the government should also look at the cost of items now as it&rsquo;s getting way too expensive. Let us know your thoughts!
&nbsp;
&nbsp;
*Sources: Visual and Reference Credits to Social Media, New Straits Times, Bank Negara &amp; various cross references for context.
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With the minimum pay increasing, do you think that the ministry should also look into the reason behind the price hike of goods as well?

fa173e3abfed446ef2d3b4ed5d4cd6b997f947fb491c9f55b5e5b3447df6c724

Ministry To Enforce RM1,500 Minimum Wage Starting 1 May 2022

Are you someone who&rsquo;s very into the whole cryptocurrency scene? If you are, then you&rsquo;ve probably heard of Binance who is the world&rsquo;s leading crypto exchange.
If you didn&rsquo;t already know, they are making a return to the Malaysian market with a strategic stake in the country&rsquo;s regulated digital asset trading platform MX Global.
Binance and Cuscapi Berhad acquired a key stake in MX Global who are one of four recognized market operators &ndash; digital asset exchange license by the Securities Commission (SC) in Malaysia.
<blockquote class="twitter-tweet">
Hello Malaysia. 🇲🇾<a href="https://t.co/vsHzHlm7KI">https://t.co/vsHzHlm7KI</a>
&mdash; CZ 🔶 Binance (@cz_binance) <a href="https://twitter.com/cz_binance/status/1498725723590299652?ref_src=twsrc%5Etfw">March 1, 2022</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Presence all over the world and even Asia
<img src="https://cdn1.myc.com.my/image/upload/v1646277209/unsigned/wdzhquh7rgmk8hk53oeb.jpg" />
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The leading crypto exchange aims to expand the sustainable growth of the crypto market in Southeast Asia. Meanwhile, MX Global aims to become a leading liquidity hub in the region and expand their market with their new partnership.
A thing to note is the difficulty to mitigate regulatory compliance requirements in different regions. Due to this, Binance had slew of partnerships and it reflects a pattern of sorts. Back in July 2021, crypto exchange services in Malaysia were restricted as the SC said that these exchanges could not comply with the regulatory laws.
Partnership helps to understand local regulatory approach
&ldquo;This is part of Binance&rsquo;s initiatives to cooperate with regulators. By working with regulated platforms, we are supporting local representatives to further expand their businesses while they stay compliant,&rdquo; said a spokesperson from Binance.
While Binance reopens in Malaysia and needs to comply with the regulatory laws, it&rsquo;s a while different ball game happening in Singapore. Binance had withdrew their crypto license application a week before announcing an 18% stake in the private stock exchange. 
<img src="https://cdn1.myc.com.my/image/upload/v1646277434/unsigned/acfub8jlx8ukimustbnl.jpg" />
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Even in the UK, Binance was banned but they have now managed access to the payment method after announcing their partnership with PaySafe.
Similarly, crypto exchange is suffering the same issue in Thailand as operations had shut down in July 2021. But in 2022, thanks to a partnership with the country&rsquo;s Gulf Energy Development PCL, they made a return into the Thai market.
Is it safe to trade with Biannce?
In short, yes it should be safe for you to trade your crypto with Binance.
Back in 2021, they faced an issue with regulatory warnings and service restrictions from many countries due to their regulations. But with the introduction of partnering with other third-party companies, they have finally mended their regulatory relationship with other countries.
Hopefully this round with proper partners, the trade for cryptocurrencies will be smooth. But the real question now is how stable will the crypto market be in the upcoming future? What&rsquo;s your opinion on this? Let us know in the comments!
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*Sources: Visual and Reference Credits to Social Media, Cointelegtaph &amp; various cross references for context.
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They had acquired a key stake in MX Global which is recognized by the Securities Commission in Malaysia.  