Time magazine announces its annual list of the top 100 most influential companies! OpenSea and Sandbox make the cut.
Every year, Time magazine publishes a list of the top 100 companies globally based on factors such as influence, creativity, leadership, etc. This year's list has been released, with the current largest NFT marketplace OpenSea and the metaverse game The Sandbox both making the cut. Additionally, Nvidia, which plays a significant role in hardware devices in the crypto space, has also been recognized.
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Time Magazine 2022 Top 100 Influential Companies
Time Magazine has categorized the selected companies into five groups: Pioneers, Titans, Leaders, Innovators, and Disruptors. There are a total of 4 companies related to the cryptocurrency field that made it to the list.
1. OpenSea
When it comes to the NFT sector, OpenSea is the most well-known trading marketplace, selected in the Pioneers category among the top 100 companies. OpenSea generated over $14 billion in trading volume last year, a 646-fold increase from the previous year, with over 1 million current users.
The use cases for NFTs have continued to expand in recent years, extending beyond art to include event tickets, gaming, music, and fashion. OpenSea CEO Devin Finzer stated, "One day in the future, it's very likely that everything we own will be recorded on the blockchain."
2. The Sandbox
Since the emergence of the metaverse The Sandbox, real estate speculation is no longer limited to the physical world. It was also selected in the Pioneers category among the top 100 companies. The total sales of virtual land have reached $2 billion, with current prices starting at 2.2 ETH, approximately $7,500.
The Sandbox has collaborated with various brands in the past, including Gucci, Warner Music, Ubisoft, and Snoop Dogg. The partnerships are diverse and continuously growing, with over 200 IP partners currently.
3. Nvidia
Under the leadership of Taiwan CEO Huang Renxun, chip manufacturer NVIDIA's processors have quietly become essential in areas such as cryptocurrency mining, NFTs, and autonomous driving. It was classified under Titans among the top 100 companies, with a market value of $600 billion, even after abandoning its $40 billion acquisition plan of the UK competitor Arm due to antitrust concerns. NVIDIA's investments in AI and experimental technology are undoubtedly shaping the future.
4. Paxful
Paxful is a peer-to-peer cryptocurrency trading platform with over 6 million users globally, offering more than 350 payment methods to purchase cryptocurrencies, assisting people who cannot use traditional financial infrastructure in buying, spending, and transferring funds.
Paxful recently launched cryptocurrency education centers in Nigeria and El Salvador, aiming to provide economic support to local communities. Paxful CEO Ray Youssef stated, "When used as a medium of exchange, Bitcoin can serve as an economic bridge and expand opportunities for billions of people without bank accounts."
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