Agriculture
Grains Show Gains on Wednesday, December 11, 2024
2024-12-11
Starting the day with some interesting price movements in the commodity markets. March corn shows a minimal increase of less than a penny. This seemingly small change holds significance in the agricultural sector. January soybeans, on the other hand, have seen a more substantial rise of 2¾¢. It indicates a certain trend and potential impact on the soybean market. March wheat contracts are also on an upward trajectory. CBOT wheat is up 4¼¢, KC wheat is up 2¼¢, and Minneapolis wheat is up 2¢. These fluctuations in wheat prices can have far-reaching effects on the global wheat trade.

Live Cattle and Feeder Cattle

In the livestock market, February live cattle have gained 68¢ this morning, showing a healthy upward movement. January feeder cattle are up $1.43, suggesting a positive sentiment in the feeder cattle segment. These price changes can influence the livestock industry and related businesses.

Lean Hogs

February lean hogs are also showing an increase of 43¢. This indicates a potential shift in the hog market and can have implications for pork producers and consumers alike.

Crude Oil and the U.S. Dollar Index

January crude oil is up 92¢, reflecting the dynamics in the energy market. The U.S. Dollar Index December contract is up to 106.58, which can have a significant impact on various asset classes. It affects international trade and investment decisions.

Stock Market Indicators

December S&P 500 futures are up 42 points, while December Dow futures are down 30 points. These contrasting movements in the stock market give a mixed picture of the market sentiment. It shows the complexity and volatility of the financial markets.Published: 9:29 a.m. CT
Boya's Mini Wireless Mic: Small, Light & Super Affordable
2024-12-11
The market for wireless mics for content creators is growing rapidly, with numerous options available. However, the Boya Mini stands out with its claim to be the world's 'smallest and lightest' wireless mic. This new 5g, thumb-sized device is designed specifically for smartphones and comes at an incredibly affordable price.

Unbeatable Value and Compact Design in a Wireless Mic

Design and Compatibility

The Boya Mini is truly tiny and can be easily clipped onto clothing. It comes in black or white versions and is available with USB-C or Lightning receivers. While it is designed for smartphones, Boya is working on a camera-compatible version. Although it lacks the magnetic through-clothing attachment of more expensive alternatives, it still offers a convenient solution for vloggers. Additionally, there are accessories like a necklace for those struggling to find a clip location and a butterfly pendant to hide the mic.

Its compact size makes it highly portable, allowing content creators to take it anywhere without adding much bulk. This makes it ideal for on-the-go vlogging and live streaming.

Audio Quality and Features

The Boya Mini offers a 16-bit depth and 48 kHz sample rate, which is at the starter end compared to rivals like the Rode Wireless Micro and the DJI Mac Mini. However, it comes with one-push noise reduction control for its AI-driven Environmental Noise Cancellation, which effectively filters out background sounds to enhance vocal clarity. There are also three voice modulation modes to customize the sound for different recording styles, such as live streams, vlogs, and interviews.

This allows content creators to have more control over their recordings and achieve a professional sound with minimal effort. Despite its lower price, the Boya Mini offers features that are comparable to more expensive models.

Price and Value

The Boya Mini mic kit is incredibly cheap, priced at just $44.99 in the US and £50.90 in the UK. For this price, you get two mics (transmitters), a receiver, and a charging case. This makes it an excellent value for money option for beginners and those on a budget.

Compared to other wireless mic kits on the market, the Boya Mini offers unbeatable value. It allows content creators to get started with high-quality audio without breaking the bank. With its affordable price and impressive features, the Boya Mini is sure to attract the attention of many vloggers and content creators.

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Mantel's App: A Haven for Collectors to Showcase Their Treasures
2024-12-11
In February, a remarkable collaboration took place. Reddit co-founder Alexis Ohanian joined forces with Brent Montgomery, the producer of "Pawn Stars," and Evan Parker, the former general manager at The Athletic. Together, they launched Mantel, a unique social network designed specifically for collectors. This platform enables them to share their latest acquisitions, ranging from sports cards and trading card games (TCGs) to comic books, coins, stamps, sneakers, watches, and much more.

Mobile App Launch: Making Connecting Easier

Initially accessible only on the web, Mantel made a significant move by launching its mobile app on Wednesday. This provides collectors with a more convenient way to connect with like-minded enthusiasts. Now available for download on both the App Store and Google Play, Mantel offers a dedicated space for collectors to immerse themselves in their hobby. Whether it's celebrating the thrill of the hunt or seeking advice from fellow enthusiasts on various topics such as grading sports cards and discussing market trends, Mantel has it all.

Notable Features

One of the standout features of Mantel is "Mantelpiece," a digital display case that allows users to showcase their favorite collectibles. This not only helps them attract attention for potential trades but also adds a visual element to the platform. The app also incorporates gamification elements like streaks, polls, and badges, making the collecting experience more engaging. In addition to the main feed where users can discover posts from other collectors, there is a wide variety of content available, including market reports and insights from industry influencers.

Groups Feature: Niche Communities

Alongside the app launch, Mantel introduced a "Groups" feature. This allows users to invite members to groups based on their specific niche interests, such as "NBA Junk Wax" or "Vintage Non-Sports Cards." Currently, this feature is only available on the web, but it will soon be rolled out to iOS and Android devices in the coming weeks. It provides collectors with a way to connect with others who share their particular passion within the collecting world.

Position in the Collectibles Market

The collectibles market is a massive $493 billion industry, and there are many collecting apps available. However, most of these apps focus primarily on sales. This can deter some collectors who are more interested in simply displaying their finds and meeting new friends. Mantel aims to serve a niche group of hardcore enthusiasts who prefer to keep their collecting activities separate from mainstream platforms. As co-founder and CEO Parker told TechCrunch, "There's nothing great in the collectible space for [sharing] content. I don't see anybody in the collectible space doing what we're doing."

Trading and Selling on Mantel

Trading and selling are permitted on Mantel's platform, but the emphasis is on community and sharing. In 2025, the app will launch a Stripe integration and private messaging to facilitate sales between users. However, there are no plans to develop an in-app marketplace as the industry is already crowded with competitors like eBay and CardsHQ.

Founding Team and Investors

The trio behind Mantel created the platform out of their shared passion for collecting. Parker, with his "collector's gene," has a diverse collection ranging from sports cards and memorabilia to toys and watches. After leaving The Athletic, he met Ohanian and Montgomery, who shared his enthusiasm. As Parker explained, "Alexis is a massive collector, and Brent is someone who grew up selling baseball cards to make money in school. Then he came up with the idea for 'Pawn Stars' and spent his career on the content side, much of it related to the collecting world. [Mantel] is great for community, and Alexis knows that better than anyone from his Reddit world." In addition to a strong founding team, Mantel is backed by notable investors such as Courtside Ventures, Cosmic Venture Partners, Steve Aoki's Aoki Labs, Switch Ventures, VaynerFund, along with former WNBA player Candace Parker and Adam Hansmann, the co-founder of The Athletic. Ohanian's SevenSevenSix and Montgomery's Wheelhouse Entertainment also invested in the platform.

User Activity and Monetization

Mantel did not disclose the exact number of users but mentioned that it has thousands of them. On average, these users make more than 30 comments or posts each month and engage with content over 100 times monthly. The platform also boasts "tens of thousands" of posts. While the app is free to download, the company is considering various monetization options such as advertising and placing certain Groups behind a paywall.
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