Victor Vilchenko

You create your own football team where each character is an NFT hosted on the Solana blockchain. Each character has 5 characteristics that can be improved. Among them: speed, accuracy, stamina, agility and trickery. The cumulative number of attribute points determines the overall skill level of the player.

In addition, the players themselves are also divided by rarity level: normal, rare, epic and galactic.

Having created a team, you can upgrade it using the game (fighting against the computer or other players) or trade - buy and sell characters for the native $FULBO token. These tokens can be exchanged for another cryptocurrency through a special exchanger.

Separately, it should be noted that matches are held on the most unusual venues - beaches, post-war Berlin, etc.

The game belongs to the GameFi sector of the crypto industry, where money is earned through the game form.

The player can buy the first team and, having pumped it to a good level, sell it for a higher price. Or find the most successful combination of a game team and sell it to other players who want to get their own football team to develop.

All transactions go through the Solana blockchain, which is well-established as the fastest blockchain in existence (the processing speed of information is even faster than that of Visa).

Many economists point out that the use of GDP as an indicator for determining the welfare of countries is an erroneous practice and leads to great misconceptions. An indicator based on a fundamentally incomplete picture of social and natural systems, within the framework of human and economic coverage. GDP will not cover characteristic products and long-term prospects - the growth of natural resources and the growth of natural resources of exclusive products. The calculation methodology encourages the degradation of natural resources by counting the increase in the cost of living as income, although this undermines the basis of income similarity in the future and leads to the degradation of the ecosystem, taking into account inclusion on the planet. Saturation of the environment and the state of health of people, their satisfaction with life. An example here is India, which ranks third in the world in terms of GDP, but at the same time is one of the poorest countries in the world.

Also, when calculating GDP, the shadow economy is not taken into account, which can significantly distort economic growth indicators.

Despite this, the economic policy of most countries of the world is largely determined by the goal of increasing GDP. Leading economists, politicians, entrepreneurs and the media regularly talk about GDP growth as if it represents progress in general or an increase in the welfare of society. According to critics, GDP growth in the modern world has become something of a “magic formula” for solving all problems.

SWIFT plans to conduct a series of asset tokenization experiments in the first quarter of 2022. The main goal is to explore ways to provide services in the token market.

“As interest increases, SWIFT is exploring how it can enable and improve interoperability between participants and systems during the transactional lifecycle of tokenized assets. To this end, SWIFT plans a series of experiments in Q1 2022 leveraging its trusted role as a central platform to explore the issuance, delivery versus payment (DVP), and redemption processes, to support a frictionless and seamless tokenized asset market. These experiments will use both established forms of payment and central bank digital currencies (CBDCs).”

SWIFT was founded in 1973 in Belgium, near Brussels. The initiators were 248 banks from 19 developed countries. They wanted to standardize financial transactions to make it easier for banks to operate across countries.

The organization itself is a cooperative community and operates within the framework of international and Belgian laws. Today it includes more than 11,000 financial institutions from more than 200 countries of the world. On average, about 30,000,000 messages are sent per day.

Two types of messages are transmitted in SWIFT: financial and system. Financial messages operate between users of the system - banks and financial institutions. System messages are transmitted from the user to the system or vice versa.

All messages in SWIFT consist of three parts: title, message body and trailer. After the message is sent, it is encrypted and given a specific number. If the message was composed correctly and passed the check, then it is sent to the recipient, and if not, it is returned to the sender.

• Nominal GDP. It includes the value of all final goods and services of the region or state in question, expressed in current market prices.
• Real GDP. It takes into account the extent to which GDP growth is determined not by price increases, but by real production growth.
• Actual GDP. This is GDP taking into account part-time employment. Shows realized opportunities of the economy.
• Potential GDP. This is GDP at full employment. Shows the potential of the economy.
• Gross national product (GNP). Unlike GDP, which takes into account the value of all goods and services created in a particular country. GNP takes into account only the value of goods and services created only by its residents, and not by foreign representatives
• Net national product. This is the GNP from which the cost of depreciation is subtracted.
• GDP per capita. It is calculated by dividing the GDP by the population of the country. Reflects the welfare of the country as a whole.

Many economists point out that the use of GDP as an indicator for determining the welfare of countries is an erroneous practice and leads to great misconceptions. An example here is India, which ranks third in the world in terms of GDP, but at the same time is one of the poorest countries in the world.

Also, when calculating GDP, the shadow economy is not taken into account, which can significantly distort economic growth indicators.

GDP takes into account only those goods and services that are intended directly for consumption or use in all sectors of the economy in the territory of a particular state. GDP excludes financial transactions, including government transfer payments (social benefits), private transfer payments (gifts from relatives, one-time financial assistance), securities transactions, and the sale of second-hand goods.