Looking for ways to invest your money can be a daunting task, especially for those who are new to the world of financial investments. 

However, compared to the various investment options available, fixed deposits are ideal for investors who are averse to taking risks. A fixed deposit is an investment tool that allows investors to earn guaranteed returns on their money with little to no risk.

Many investors prefer bank fixed deposits over stocks as the former is considered safe and convenient. Here are a few things to know before you open a Fixed Deposit Account. 

What is Fixed Deposit?

A Fixed Deposit or commonly known as FD is an investment tool offered by banks where you deposit money for a set period of time in return for a fixed amount of interest on your cash. Although rates can be attractive, you won’t be able to access your money until the given maturity date.

How Does a Fixed Deposit Account Work?

When you invest in a fixed deposit account, you have the option to choose a tenure (also known as ‘term’ or ‘maturity date’).  

The minimum and maximum tenure offered may vary from one bank to another. Generally speaking, the term for a fixed deposit account can range from 7 days to 10 years.  

Also, the interest rate on the deposit depends on the period for which the funds are placed with the bank.

The flexibility of the tenure gives you the ability to manage multiple fixed deposit accounts spread across different tenures. That way, you will be able to earn higher returns on your investments. 

What Is the Difference Between a Fixed Deposit and Savings Account?  

A Fixed Deposit account is similar to saving accounts in that they’re both low in risk and offer a guaranteed return on investment. 

However, a key difference between the two is the interest rates offered. Fixed deposit accounts offer higher interest rates, around 3% or more per annum. Savings accounts, on the other hand, offer interest rates below 2% per annum.

Another difference between savings account and fixed deposit accounts is that the latter is a term deposit where the amount of deposit and interest rates are pre-determined. 

Put simply, once a deposit is made, the rate of interest will remain fixed till maturity. Therefore, a fixed deposit account is a great way to secure your savings return in an era of falling rates, but you should also know that the opposite is true. If you deposit your money in a fixed deposit account just before rates rise, you won’t benefit from the increase. 

Compare the Best Fixed Deposits Accounts in UAE 

If you have money to set aside and are interested in guaranteed returns, a Fixed Deposit Account may be the right investment for you. We have listed below top 3 banks that offer flexible tenures and competitive interest rates in the UAE. 

1. ADCB Fixed Deposit Account 

Benefits & Features:

• Open to UAE nationals, expatriates and non-residents.
• Flexible tenures ranging from 1 month to 12 months.
• This account is available in both Islamic or conventional.
• Earn touchpoints for deposit amounts greater than AED 10000.

2. RAKBANK Amal Term Investment Deposit 

Benefits & Features:

• This is an Islamic account.
• Flexible tenures from one week to 12 months.
• Available in all major currencies.

3. Noor Bank Term Deposit  

Benefits & Features:

• This is an Islamic account.
• Flexible tenures ranging from 1 month to 12 months.
• This account can be opened in AED USD GBP and Euro.

Source: TG Daily – Everything You Need To Know About Fixed Deposits In The UAE

What Is Margin Trading?

As per its definition in the stock market, margin trading is the process where individual financial investors purchase a greater number of stocks than they can afford. Margin trading additionally refers to intraday trading in India and different stockbrokers offer this support. It also includes purchasing and selling of securities in a single meeting. 

Over time, different businesses have relaxed the time span, as the process requires an investor to check or guess the stock development in a specific meeting. Margin trading is a simple method of making a quick buck, and with the introduction of electronic stock trades, the once particular field is presently open to even smaller merchants.

A margin account gives you the resources needed to purchase a larger number of stocks than you can afford. For this reason, the agent would loan the cash to purchase shares and keep them as guarantee. 

When the amount is open, you are required to pay an initial margin (IM), which is a sure level of the total traded value pre-controlled by the broker. Before you trade, you need to remember three significant steps. You also need to keep up the minimum margin (MM) through the session, because on an exceptionally unstable day, the stock price can fall over.

Eligibility for Margin Trading

You need to have a margin account with the broker to benefit the margin trading facility (MTF). The margin differs across brokers. You are required to pay a specific sum (least) at the time of opening the MTF account, while keeping a consistent minimum balance. 

Features of Margin Trading

• Margin trading permits investors to use positions in securities that are not from the portion of derivatives. 
• Approved brokers can offer margin trading accounts according to SEBI guidelines. 
• Securities that are margin exchanged are pre-characterized by SEBI and individual stock trades. 
• Investors can make positions against the margin as money or insurance through shares. 

Benefits of Margin Trading

• Margin trading is available for those investors looking at encasing on the price fluctuations over a present moment, yet don’t have sufficient money on hand. 
• Securities in the portfolio or de mat account have security/guarantee. 
• MTF improves the rate of profit for the capital contributed. 
• MTF upgrades investors’ buying power. 
• The market watchdog SEBI and stock trades continuously screen the margin exchange office.

Is Margin Trading Right for You?

Margin trading will give you a higher profit than trading traditionally. Purchasing any stock on margin will amplify the effect of loss. It is not compulsory to margin at 50%, wherein you can margin less at 20% or 30%. You can also keep your loan for as long as you want if you fulfil all the required conditions.

There are many margin trading companies all over the region, with ADCB Securities being among the most prominent. ADCB Securities’ brokerage services help you achieve your goals by making your trading easy and secure, while providing you with all the products you need to empower your trading.

Why Choose ADCB Securities?

Here are the reasons why you should consider ACDB Securities:

• They provide end-to-end services, which make it easier to find market complexities and build wealth making opportunities.
• By choosing ADCB, you get integrated access to trade in local exchanges in the UAE.
• You can link your bank account and trading account, making trading easier and hassle-free.
• The world class team of ADCB experts will help you make smarter trading decisions.

Features of ADCB Securities

ADCB Securities provides the following features:

• 0 AED minimum balance.
• 0.275% commission and trade value.
• 7% interest per annum on utilised margin.
• 0 AED daily research report.
• 0 AED fees for e-statement.

Required Documents

Whenever you apply for margin trading, you will be asked to show the following documents:

• An original passport.
• An investor numbers.
• An original Emirates ID.

Risk Statement

A customer may incur losses from margin trading since it allows a single client to buy securities up to twice the amount deposited or the available balance in their margin trading account. Therefore, the client must be fully aware of the risks and principles applied in margin trading. In addition, the client must be aware of all applicable terms and conditions.

Source: TG Daily – What Is Margin Trading & Is It Right for You?

What Is Property Management?

Property management is the supervision of private and commercial properties, including apartments, houses, shopping malls, and such. It involves the overseeing of property that is owned by another person or party. Preventive maintenance, cleaning and construction all are the duties of property manager.

Property managers secure your invested money, and you will get tenants who commit for a longer period of time and have less issues and repairs to manage. It may be a regular task to follow rent payments, collect late charges, manage complaints and repairs, and prepare the property for new tenants.

When Should You Hire a Property Manager?

As an investor with property, having a good property manager plays an important role in the success of your investment. 

If you are a new investor facing the following, you should definitely hire a capable property manager.

• You reside far away from your property and want someone to look after it. A capable property manager would do that on your behalf.
• You have no experience or are not interested in managing your property. Hiring a property manager would help you perform this task.
• There are certain circumstances where you don’t want to communicate directly with your tenant, and this is when your property manager comes to the rescue.
• You don’t have much time to look after your property, and a property manager with expertise would help you manage your property professionally.
• You can afford the cost and want to be assured that your property is in safe hands.
• You have multiple rental units and it’s difficult to look after them individually.

What Are the Benefits of Hiring a Property Manager?

• In case any issues arise with the tenants, your property manager will handle all them on your behalf. You don’t need to get involved in the conversation directly.
• Hiring a qualified property manager will help you get more business for your property. 
• In case you have multiple properties hiring a property manager would take a huge burden off your head and saves your precious time. 
• A proactive property manager can help you avoid having a vacant property, therefore lowering your risk of lost income.
• With a capable property manager, you get the advantage of their expertise. They are usually well connected with local service providers and can get you quality jobs done for reasonable prices.

The Best Property Manager for You

Property management service providers like ADCP (Abu Dhabi Properties LLC) are among the best in the region. Established in January 2006, it operates as a multifunctional property and real estate management company.

ADCP offers some value to customers by providing start to finish property management services in both single-let and multi-let speculator portfolios. They have a highly talented team that can assume control throughout the everyday elements of your properties, saving you time, and cash.

By basically examining all properties for manners by which they can improve the presentation of every part, ensuring the long-term value of your investment.

ADCP is a completely claimed subsidiary of Abu Dhabi Commercial Bank (ADCB). They have created their frameworks and processes over many years to guarantee that they give the highest level of efficiency.

ADCP’s Property Management Services Are Broadly Classified in 2 Categories:

• Landlord Services
• Leasing Services

Landlord Services by ADCP

ADCP services include financial services, service team management, schedules of condition, insurance assessment values, landlord and tenant issue resolution, construction monitoring services, design management and project management services, determination and control of cost, service team management, and much more.

Because of expanding customer demands, ADCP gives natural, wellbeing and security consultancy services in the security explanations and disaster recovery planning as well. Planned Preventative Maintenance (PPM) is an increasingly significant part of building resource management. Components of a building, for example, a rooftop, lifts, air conditioning have limited lifespans. A PPM program offers the renewal of these components before they fail and cause expensive damage to other building components.

Leasing Services by ADCP

ADCP gives an industry-leading renting service offering bespoke, proficient property marketing, and promoting advice. Besides having the option of concluding the renting procedures in a single day, they also offer a full scope of renting services that range from candid processes to vehicle parking.

They offer serious and consistent services for standard tenants’ recharges, while guaranteeing that all processes are completed ideally and that the tenant stays informed consistently. The tenant will get an update letter from ADCP 120 days before the expiry of the rental period.

ADCP offers office and gateway-based enquiries for new rentals, accessible throughout the UAE. Their reach is exceptionally serious, decided through detailed data and contacts, and it adds to a full scope of rental services. Their review and maintenance teams perform checks and repair services prior to handing over any unit in order to guarantee that ADCP rents out properties in the most ideal condition.

Source: TG Daily – Do You Need to Hire a Property Manager?

Driving or owning a taxi could bring more complications and issues that also include accidents. Having the best car insurance with points would be one of the most significant options for easily availing of the majority of benefits. Whether you own a single unit or an entire fleet, taxi insurance is one of the best ways for getting complete coverage for the vehicle. Normally, taxis would be exposed to more complications and risks so that they could add financial liability. To cover all these risks, it is important to get the best taxi insurance for gaining more benefits on coverage. This especially ensures the protection against accidents as well as any damage to the vehicle.

Types Of Taxi Insurance:

Before choosing what taxi insurance to get, it is important to know about the types of insurance available for your vehicle. This is mainly classified into

• Third-Party Insurance Cover – Third Party Insurance is the minimum coverage that all taxi owners need to have.  It is mandatory coverage. In case of any accident or damage, the taxi owner needs to pay compensation to the third party.
• Comprehensive Insurance – Taxi insurance offers a high level of benefit for the third party and car owners.  It covers the damage to your own vehicle caused by explosions, burglary, fire, or accidents. Personal accidental covers car owners, and it is mandatory provided by the insurance provider.

Taxi Insurance Coverage

Taxi insurance mainly covers mishaps occurring on the roads as well as third party liability. It covers personal damage such as theft, Loss, damage to own car by natural calamities, or man-made perils. The personal accident covers the medical expenses that occurred due to the death or accidents of car owners, cleaners, riders, or paid drivers.

Compare Taxi Insurance

Choosing the best taxi insurance can be quite confusing as there are many companies offering better coverage. Try Compare online is a one-stop destination for easily comparing the quotes of taxi insurance. This is a great opportunity for easily saving your time in choosing the guaranteed lowest prices. You can simply compare these premiums based on your preferred categories. Get the updated taxi insurance schemes suitable for your vehicle and gain more advantage to the highest excellence.

• Compare quotes
• Guaranteed lowest prices
• Compare the Premiums
• Benefits by multiple insurers
• Unbiased with no affinity for a particular insurer
• Comparing taxi insurance prices along with their features

Taxis, as well as private hire services, became one of the key components in the transport network in the UK. It mainly contributed towards the public transport infrastructure and gained the massive British economy. With the advancement in technology, it is quite an efficient option for choosing instant Taxi Insurance coverage for the vehicles.

Instant Solution For Your Taxi Coverage

Try Compare is a limited company registered in England and Wales. Get instant quotes on taxi insurance based on various criteria.  You can easily compare the standard taxi insurance as well as private hire insurance. With insurance brokers, you could easily choose the insurer you want.

Source: TG Daily – How You Can Find the Best Cheap Taxi Insurance

The Pentagon, Department of Homeland Security, the Commerce Department, the Department of the Treasury, the U.S. Postal Service and the National Institutes of Health were among the federal agencies confirmed to have been affected by the latest cybersecurity breach, as disclosed by the government agencies and media reports. Experts are pointing their fingers on the Russian government for allegedly masterminding the attack on SolarWinds’ Orion software’s security vulnerabilities. The IT company has around 300 customers, comprising of the federal government and hundred of large U.S companies, that mostly use Orion software to monitor their computer networks. Russia has denied the allegations.

Read: U.S Government Networks Hacked, Investigation Ongoing

NPR.Org: The incident is the latest in what has become a long list of suspected Russian electronic incursions into other nations – particularly the U.S. – under President Vladimir Putin

According to NPR.Org, the hack hinged on a vulnerability on a software monitoring product from SolarWinds, a company based in Austin, Texas. The company works widely with the federal government and hundreds of large U.S. companies. Many use SolarWinds’ Orion software to monitor their computer networks.

The incident is the latest in what has become a long list of suspected Russian electronic incursions into other nations – particularly the U.S. – under President Vladimir Putin. Multiple countries say Russia was previously found to have used hackers, bots and other means in attempts to influence elections in the U.S. and elsewhere.

To carry out the attack, hackers exploited the supply chain that SolarWinds uses to distribute software updates. The company said it has proof that when it sent updates to customers between March and June, the updates to the Orion products also included malware that gave hackers access.

The Hill: The Washington Post reported Sunday that a Russian military intelligence hacking group known as “Cozy Bear” was responsible.

The Hill shared a report disclosed by Reuters that SolarWinds  had been hacked by a nation state, and that the Treasury Department and a Commerce Department agency had been among those successfully breached. On Monday, reports emerged that the Department of Homeland Security (DHS) had also been successfully breached. 

According to Washington Post,  a Russian military intelligence hacking group known as “Cozy Bear” was responsible. The same group was previously accused of hacking into the State Department during the Obama administration, and of targeting COVID-19 vaccine research earlier this year. 

Secretary of State Mike Pompeo on Monday described the incident as a “consistent effort by the Russians to try to get into American servers, not only those of government agencies but of businesses” during an interview with Breitbart News Radio on SiriusXM Patriot. 

Source: TG Daily – Attack on SolarWinds’ Software Vulnerabilities Linked to Recent Hacking Incident in the U.S

After almost four months of investigation on opposition leader Aleksei Navalny’s poisoning incident last August, another finding has surfaced recently, this time from investigative website, Bellingcat. The latest report from the investigative site detected that Russia’s Federal Security Service has been trailing and spying on Navalny for four years prior to the flight in August. Bellingcat’s investigation also shows that Navalny was probably poisoned by a tainted Nigroni which he drank at Xander Hotel in the Siberian city of Tomsk. Bellingcat found relevant documents such as telephone records, passenger manifests and residential data that verifies communication between FSB and SC Signal, a company believed to be involved in the development of nerve agents. Due to the latest findings, Navalny considers this as case closed since he claims he already knows who is behind the poisoning.

Read: New Findings Unfold On Alexei Navalny’s Poisoning

New York Post: Navalny said he now believed that Russian President Vladimir Putin had ordered the hit against him

NY Post disclosed that according to a bombshell investigation, Kremlin critic Alexei Navalny — who fell gravely ill on a domestic flight in Russia — was likely poisoned by a tainted Negroni in an assassination attempt by the country’s spy agency.

Investigative website Bellingcat, claims the prominent opposition leader had been trailed and spied on for four years by Russian intelligence agents before the fateful flight in August.

Bellingcat report reveals that Russia’s FSB security service agents who “have specialized training in chemical weapons, chemistry and medicine” had followed the opposition leader more than 37 times over the last four years.

“Given this implausible series of coincidences, the burden of proof for an innocent explanation appears to rest purely with the Russian state,” Bellingcat adds.

The Hill: Putin has reportedly suggested to other world leaders that the poisoning was staged by Navalny.

The Hill disclosed a  a report from Bellingcat, an investigative journalism group that specializes in open source information, that Russian spies with knowledge of poisons were near opposition leader Aleksei Navalny when he was exposed to toxins.

Bellingcat found telephone records with geolocation data, passenger manifests and residential data that indicated communication between SC Signal, an entity believed to be involved in the development of nerve agents, and the FSB.

The report indicates that three officers from the FSB followed Navalny to Siberia in August. Telephone records show that they trailed him to the city of Tomsk where further data indicated one of the agents was not far from the hotel where Navalny and his team were staying on Nov. 20.

Source: TG Daily – Probe Finds Russian Federal Security Service Near Navalny Prior to Poisoning

Shortly after the Electoral College formally announced Biden’s victory on the 2020 Presidential elections, Trump posted on Twitter that US Attorney General William Barr will step down from his post on December 23. People close to the incumbent US President have purportedly been anticipating Barr’s termination after he publicly contradicted Trump’s election fraud claims earlier this month. Although Trump has openly said on his Twitter post that his relationship with Barr “has been a very good one, he has done an outstanding job”, sources say that he has been seriously contemplating firing the Attorney General after the latter rejected the President’s unfounded fraud conspiracies. Deputy Attorney General Jeff Rosen will become Acting Attorney General, replacing Barr.

Read: US Attorney General Bashed for Refuting Trump’s Election Fraud Claims

CNBC: The shake-up, in the twilight of Trump’s tenure in the White House, also followed weeks of public clashes between Barr and the president.

According to CNBC, the widely anticipated announcement of Barr’s departure came just moments after President-elect Joe Biden’s victory over Trump was formalized by the Electoral College. The shake-up, in the twilight of Trump’s tenure in the White House, also followed weeks of public clashes between Barr and the president.

Trump, in the tweets, implied he bore no ill will toward Barr, despite his recent criticisms.

Barr in early December directly contradicted Trump when he revealed that the Department of Justice had not found any evidence of large-scale voter or election fraud that would overturn Biden’s projected victory.

That admission undercut the president, who has refused to concede to Biden and is falsely claiming he won the election, citing an array of unproven fraud conspiracies and asserting the race was “rigged” against him.

CNN: Despite Trump’s upbeat message, he had been seriously considering firing his attorney general as recently as Sunday

Meanwhile, in a related news, CNN reports that despite escalating tensions between Trump and Barr that had burst recently into public view, the President framed Barr’s departure as amicable.

In spite of Trump’s upbeat Twitter message, he had been seriously considering firing his attorney general as recently as Sunday, people familiar with the matter said, though officials did not believe he would go through with dismissing Barr immediately.

Over the past several months aides have discouraged Trump from firing Barr.

Source: TG Daily – Staunch Trump Ally Attorney General William Barr Resigns

Some things about customer service never change — but some things are always changing. In a high-tech, information-driven world, customer expectations and desires are constantly changing, more so now than ever before.

Not only that, but the global pandemic has brought unprecedented and unexpected changes to the modern workplace. More brick-and-mortar businesses are closes, more people are working from home, and more customers are shopping remotely rather than in-person. Far from a passing fad, some if not all of these trends may be here to stay.

What does this mean for you? The same thing it means to any savvy business owner: you change with the times and use this shifting landscape to get an edge over your competitor, who may not be as eager as you to embrace change.

Omni-Channel Service

Delivering an omni-channel experience to users means offering a seamless, consistent solution across all sales channels, whether it’s social media, email, phone service, in person, or your website. Customers are happiest when they know what to expect from their shopping or customer service experience — and with businesses losing a staggering $494 billion in revenue yearly from poorly handled customer service, it’s in every business owner’s best interest to make sure their visitors get top-flight service across the board.

One of the best ways to start providing an omni-channel experience, if you haven’t already, is to implement some help desk software as a central point for incoming customer problems and inquiries. This way, you can start creating a consistent, convenient customer interface across all channels.

Real-Time Messaging

When it comes to communicating with your customers, snail mail is entirely dead, the phone is dying, and email may eventually follow suit, though email still has surprising longevity.

Social media and a constantly-connected world has put pressure on individuals and businesses alike to be available 24-7, no matter what. When they have a problem or an issue, customers don’t want to wait days, hours, or even minutes to get help — they want assistance right now.

What does this mean for you? It means finding ways to deliver that experience to your customers. Fortunately more employees and freelancers working from home means more flexibility when it comes to scheduling. But you can fill in any gaps with a chatbot AI for those times when a human being may not be available.

Not only are chatbots always available when a customer needs them, but they can also reduce the burden on staff and help customers solve common problems without ever having to get another human involved. Plus, customers simply like it better. Live chat allows customers to go about their day without being on hold, waiting for an email, or being tied up when they could be doing other tasks. It has some of the highest satisfaction ratings of any customer channel — and if you haven’t gotten on board yet, the time is definitely now.

Speaking of Remote Work…

Employees working remotely has always offered unique challenges, and for some business owners, it’s been considered impractical or impossible. But attitudes are changing. The changes brought by the pandemic, along with an increasingly mobile and connected world, means remote work is rapidly losing its stigma — and smart business owners can take advantage of that change.

Business messaging software and cloud-based solutions have already brought new flexibility to the workplace. Business owners can further leverage that trend by freeing up customer service from the boundaries of call centers and offices. Embracing remote work means potentially saving big on office space and maintenance — and in a time when so many businesses have taken a big financial hit, that’s not nothing.

Social Media: More Important Than Ever

In 2020, your social media presence is probably more important than your website. With customer decisions being more data-driven than ever before, people want brands and businesses they can trust — and that means they want something they can feel a personal connection to; a voice instead of just a logo.

Like any point of interface with customers, your social media must be carefully managed — after all, social media is a tool for instant feedback, and that can be negative as well as positive. We’ve all seen that one customer service experience that went viral and made the business in question famous for all the wrong reasons.

Fine-tuning your social media accounts to handle inquiries and problems is just another means of providing an omni-channel experience that your customers will appreciate.

In the past, no one would have thought about using social media as a means of customer support — but it’s getting more and more common, and if you choose not to embrace it, not only will your competitors get there ahead of you, but you may not be ready the day a customer encounter goes viral. And just as with the rest of these developing trends and technologies, it pays to be prepared.

Source: TG Daily – How Technology is Already Transforming Customer Service

Virtual and real world are often defined in opposition, to the point that they are presented as almost being hostile to each other. As non-fungible tokens (NFTs) or digital collectibles exist in a “virtual” world, their home must be kept separate from the physical world as much as possible, correct? Actually, this is not true of Terra Virtua’s Kolect token (TVK) which aims to bridge the gap between the digital collecting hobby and the real, tangible rewards you can claim for it in your physical reality. How do they do that? By bridging the gap between these two “realities” so as to benefit both of them.

Squeezing the Best Out of Both Worlds

In 2019, Formula 1 organized an auction of the NFTs which are integrated with its official blockchain-based game. In line with its theme, the collectibles within the game included unique cars, drivers, gear or equipment. By collecting these, the participants could receive utility tokens which opened doors to getting real-life rewards, such as money-based prizes. So, getting your hand on a unique piece of digital equipment such as a virtual tire from a game could earn you a place in the grand prix competition and a piggy bank full of good old money.

Terra Virtua, the world’s first mass-market NFT platform, goes beyond this in its mission to create an ecosystem which, instead of burning bridges with the real world, builds robust links with it while sticking to its virtual credentials. This is achieved by bringing together the fans, the digital art creators and intellectual property owners under one roof. This roof is held in its place by the beams featuring the logo of its Kollect token. Welcome to the TVK club at which loyalty and prestige are well-rewarded in both physical and virtual worlds.

Fandom Does Not Stop at Virtual Gates

Imagine a situation in which buying digital merchandise related to your favorite flick can get you a tour of the physical place at which the movie magic was created – a film studio, for example. Yes, getting hands on TVK tokens means more than using it as a virtual fuel which Terra Virtua’s ecosystem runs on. Here, you can earn tokens simply by being a fan and acting like one – having a big enough collection of, say, Top Gun or Pacific Rim memorabilia, can get you a trip to the film studio at which these movies were made, or a chat with your favorite artist. Or, you get to wear a real pilot helmet your favorite character wore in that key scene in the movie. The idea is to redefine what it means to be a fan in the world of intertwined realities, be those virtual reality, augmented or the physical one.

The system that distributes rewards across these realities is called ‘Terra Virtua Prestige’. Each time you set aside a handful of tokens for staking, you are getting closer to earning a membership in it. The word “prestige” should not fool you into thinking that this is a club with old gentlemen in frocks smoking (virtual?) cigars – its doors are open to anyone who wants to take their fandom to the level in which your digital FanCaves with unique collections will have a VIP door to the real-world treasuries. You do not even have to be a passionate digital collector – just taking place in competitions and trading can earn you valuable real-world prizes.

Tokenizing Your Artistic Muse

Kolect Tokens can provide you with more benefits from their invisible yet strong links with the so-called real world. Fortune favors the bold, they say, and Terra Virtua wants to do the same to the owners of Kolect tokens who want to reinvest in its business vision, or make use of it to monetize their own artistic impulses. What does it mean? 

Well, for some, being a digital collector may sound like a one-way street in terms of the nature of the interaction between the artist or IP and a fan. In that case, nothing stops you from tokenizing your own internal muse. Do you want to see your digital artwork on a piece of merchandise such as a t-shirt? You can make very real money from each physical item sold that way, too.  Do you want to offer special previews and rewards to TVK owners or even create your own fan tokens?  Terra Virtua and Kolect will lend you a friendly hand. 

You do not even have to be an artist to qualify. Actually, you can be just a person whose very brand is your reflection in the mirror. You can grow your brand and influencer status by creating something worthy of digital collecting and rewarding true fans with real-life rewards such as meetups, physical merchandise etc.

In all cases, the common language spoken between you as a fan or a creator will be TVK token, whose tireless circulation on the Terra Virtua platform will bring it closer to transforming the world of global artistry and fandom, both in digital and physical worlds we now equally inhabit. 

Source: TG Daily – How You Can Use Terra Virtua’s TVK Token to Buy Special NFTs