Press release by FIDE and World Chess

The Iconic World Chess Sets will be used at the FIDE Candidates Tournament and the Championship Match; FIDE Continues Collaboration with World Chess on the Chess Sets for 2024-2025.

The tradition that has lasted since 2012 continues as the major FIDE events, including the upcoming FIDE Candidates Tournament 2024 and the 2024 Championship Match, will exclusively use the iconic World Chess Championship sets.

The sets, designed by Pentagram for World Chess, have become synonymous with the pinnacle of chess competition, adorning the stages of the FIDE Championship Matches, the Candidates Tournaments, and other prestigious events for over a decade. This partnership extends through 2025, ensuring these remarkable sets remain integral to the chess worlds most elite competitions.

Renowned for their exquisite craftsmanship and timeless design, the World Chess Championship sets have earned a place as one of the most sought-after chess sets globally. Manufactured by World Chess, they epitomize the perfect blend of form and function, capturing the essence of chess at its highest level. All Championship Matches and Candidates Tournaments since 2012 have used the same chess design, which was initially developed with input from Magnus Carlsen and Vladimir Kramnik, among others.

FIDE President Arkady Dvorkovich said:

The chess board and pieces are often the first thing that comes to mind when one thinks of chess. The evolution of design and craftsmanship in chess sets throughout history has elevated them to the status of art. These visual components play an important role in shaping the games image and promotion. We are delighted that the tradition of specially designing chess sets for top events has emerged, and we look forward to its continuation.

Ilya Merenzon, CEO of World Chess, added:

Chess is a collection of traditions, almost like a religious act: a handshake, recording a move, a dress code I am happy that World Chess, together with FIDE, has built another tradition a special set for special events. Now, its all about the games!

World Chess manufactures different variants of its iconic design, ranging from premium redwood options to high-quality plastic sets for club play. Available for purchase online and in select elite stores around the world, including the prestigious Harrods in London, the World Chess Championship sets offer enthusiasts the opportunity to bring home a piece of chess history.

Ahead of the highly anticipated FIDE Candidates Tournament in April 2024 and the prestigious FIDE World Championship Match in November 2024, World Chess is thrilled to unveil a special limited edition chess set. Crafted from ebony wood and housed in a classic World Chess black box adorned with iconic symbols representing the FIDE Championship Cycle, this set boasts a solid black wooden chess board with a smooth finish, perfect for championship-level matches. Each board features a metal plaque displaying the edition number and a commemorative inscription honoring the legacy of the World Chess Championship.

About World Chess

World Chess Plc (LSE: CHSS) is a London-based chess gaming and entertainment company and Fdration Internationale des checs (FIDE) official commercial partner. World Chess organized the FIDE Championship Matches in the USA, and the UK, and revolutionized the sport by signing the biggest media partnerships in history. World Chess develops Armageddon, the chess league for prime-time television. World Chess also runs FIDE Online Arena, the exclusive official chess gaming platform. More at worldchess.com.

How to play the Najdorf

Between 2004 and 2007 the 13th World Champion Garry Kasparov recorded a large 3-volume Najdorf video course. ChessBase is publishing this great classic in a complete edition in the current ChessBase Media format. Look forward to this classic of chess!

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Candidates Tournament to feature iconic World Chess sets - Chess News | ChessBase

DUBLIN, April 1, 2024 /PRNewswire/ -- The"DR. VEGAN - How a Vegan Supplements Brand has Achieved Success by Leveraging Sustainable and Ethical Principles" report has been added to ResearchAndMarkets.com's offering.

This report explores how a vegan supplements brand has achieved success by leveraging sustainable and ethical principles

DR.VEGAN is a vegan supplements brand addressing various facets of consumer health such as skin and hair care, while embedding ethical practices into its business model, such as plant-based ingredients and plastic-free and compostable packaging.

Scope

Reasons to Buy

Key Topics Covered:

A selection of companies mentioned in this report includes, but is not limited to:

For more information about this report visit https://www.researchandmarkets.com/r/tf0ipp

About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

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DR. VEGAN Success Case Study Featuring Holland & Barrett, Superdrug, and Amazon - PR Newswire

The ETHTaipei Ethereum Developer Conference is set to take place from March 21 to March 24 in Taipei featuring a lineup of international speakers and teams, including Ethereum co-founder Vitalik Buterin. ETHTaipei is expected to attract over 1,000 attendees.

The four-day event includes two days of conferences and a 40-hour hackathon, offering a direct exchange platform for both Taiwanese and international developers. Topics will focus around Ethereum, ZK (Zero Knowledge), DeFi, and Security, with discussions on latest trends and developments in blockchain technology such as the restaking ecosystem, applications and products of ZK, and the innovative interplay between ZK and AI.

Vitalik Buterin to Share Ethereum's Post-Dencun Upgrade Vision

ETHTaipei will feature a number of high-profile speakers, including Vitalik Buterin, who will deliver a keynote talk on the first day of the conference (March 21). Buterin will share his vision for the future of blockchain and Ethereum, following the recent Dencun upgrade.

The Dencun upgrade, which was completed today, will help improve the performance and scalability of the Ethereum network. At ETHTaipei, Buterin will share more about Ethereum's long-term roadmap and his thoughts on the development of the entire blockchain ecosystem. He will also participate in two panel discussions with researchers and leaders from L1 and L2 solutions, including Optimism, Polygon, Zircuit, and Metis.

Hackathon Prize Pool Reaches $65,000

The hackathon, which kicks off on the evening of March 22, has already accumulated a prize pool exceeding $65,000. The prize pool comes from a number of well-known domestic and international teams, including Consensys, Polygon, OP Labs, Mint Club, Ora, Zircuit, MACI, Ten Protocol, Dyson, Morpheus Labs, OpSec, ThunderCoreScrollSpacemesh, and more.

The hackathon will be held in a hybrid format, allowing for online anonymous participation. On-site amenities include a 24-hour Hacker House and a variety of snacks and beverages, fostering collaboration among developers. Industry experts will serve as hackathon mentors, enabling participants to engage with seasoned professionals and rapidly enhance their skills.

Circle and Quantstamp to Recruit On-Site

Several blockchain companies, including Circle, Quantstamp, XY Finance, and AppWorks, will be present at the booth area, offering face-to-face interactions and recruitment opportunities for developers. In addition, Taiwan Ministry of Digital Affairss Digi Gold Card program will be providing consultation services at the event, with the aim of attracting more foreign digital talent to Taiwan and contributing to the development of the country's digital economy. Nuvo will also be offering on-site tasks and event surprises to add to the fun for attendees and hackers.

ETHTaipei has garnered enthusiastic support from various enterprises. BTSE generously sponsors coffee, Taiwan Mobile provides high-speed broadband internet, and KlickKlack offers wireless network equipment, and we also get vouchers from ShiYun Fried Chicken. Attendees can also enjoy exclusive treats from PaperPlane and several bars. Expect a rich agenda and delightful dining experiences, making this a memorable gathering in Taipei.

ETHTaipei 2024 Event Information

Date: March 21-24, 2024 Location: POPUP Taipei Tickets and event information:https://ethtaipei.org/

Media Contact

ETHTaipei Team ethtaipei23@gmail.com Hana Chang +886-975-856-705

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ETHTaipei: Vitalik Buterin to Share Ethereum's Post-Dencun Upgrade Vision - U.Today

Last updated: February 16, 2024 07:56 EST | 2 min read

Binances native BNB coin has just hit $359, reaching its highest level since November 5, 2022, when the token traded at $353, according to data by CoinGecko.

BNBs rally comes amidst market-wide growth across the cryptocurrency sector. Market leader Bitcoin rose 12% in the last week while its closest contender, Ethereum, posted 14% gains. BNBs own 7-day growth spurt added 10%.

About 3.3% of its gains happened in the last 24 hours, making the exchange token the fastest climber among the top 5 cryptocurrencies by market capitalization.

The rally comes after the US Treasury stated in a Congressional hearing that crypto may not have facilitated as many illegal money transfers to terrorist organizations as previously reported in the media. Binances lax anti-money laundering (AML) and know-your-client (KYC) policies had played a big role in facilitating the funding.

Yesterday a report inBloombergsaid that New York law firm Sullivan & Cromwell tops the list of firms lining up to be the exchanges independent monitor. Binances guilty plea deal with the Department of Justice and the US Treasury for AML and sanctions charges involves accepting appointed monitorships.

The BNB token could rise even higher, according to charts. Prices have consistently gone up over the last three months, helping the token trade above its 30-day moving average today. Its current Relative Strength Index (RSI) of 62 suggests the recent price movement is appropriately valued, indicating potential for further near-term gains.

While Binances BNB appears relatively safe, the spate of bad press surrounding the exchange and its former CEO Changpeng CZ Zhao could mean uncertain long-term prospects.

Binance is currently fielding multiple lawsuits and probes by the Department of Justice, the Internal Revenue Service, the US Treasury, the Securities and Exchange Commission and the Commodity Futures Trading Commission.

At this juncture, nobody can predict what sort of revelations theyll unearth. For now, though, the exchange appears solvent as it starts another chapter under CEO Richard Teng.

BNB investors may want to turn to less controversial altcoins to offset risk from BNB. One such project is the eco-friendly eTukTuk, which is having a major presale. It just raised over $1M in Stage 11 as green investors snap it up before the next presale stage.

Each new stage of eTukTuks presale adds 3% to the price, locking in pre-listing gains for early backers, the earliest of whom could enjoy up to 31% by launch.

The token is effectively a green bond to fund innovative electric vehicle charging equipment (EVSE) to meet the needs of congested cities and suburban areas in developing regions.

Its also tapping AI and blockchain tech to optimize commuter routes, reduce congestion, cut down consumption, and build intelligent and partially self-maintaining public transport infrastructure.

Read More About eTukTuk And Purchase It Here

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Binance Coin Price Prediction as BNB Reaches Highest Level Since November 2022 Time to Buy? - Cryptonews

Winterberry Group

-Generative AI and machine learning are rapidly changing how brands bring content, particularly video content, to a variety of platforms and audiences -- upending traditional creative, strategy and media silos, and offering new efficiencies amid risks-

Global Video and Digital Content Production Spend, 2020 - 2024 Estimated

AI Use Cases for Creative Production and Content Creation

NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- New research released today from Winterberry Group, a strategic advisory consultancy, documents the far-reaching effects that artificial intelligence specifically generative AI and machine learning are having on creative ideation and production, as well as moving the considerations for audience and channel selection earlier into the process, as global spending on video and digital content production is projected to top $121 billion globally this year 47 percent of it accountable to the United States.

As brands seek to reduce not just cost but also productivity from partners creating content, the approach to managing and measuring the value of content, taking a sustainable path to creation, on-the-fly versioning and video and content creative optimization, are some of the ramifications of these investments. Through the course of the interviews, it has become increasingly clear that the people and process requires an aligned integration of creative, strategy and media teams according to Winterberry Group -- in the new study The New Creative Paradigm: How AI is Transforming Video and Content Production (February 2024).

The research is sponsored by APR [Advertising Production Resources], a Denver, CO-based creative production consultancy.

As consumers have dramatically changed how they consume media, brands and agencies have altered their media spend amongst linear and across digital channels to stay connected to them, said Bruce Biegel, senior managing partner, Winterberry Group. During the past 10 years, consumers have flipped the time spent per day on digital versus traditional media today they spend eight hours a day with digital.

Story continues

Source: Winterberry Group, The New Creative Paradigm How AI Is Transforming Video and Content Production, February 2024.

Thats 60 percent more than they spend with traditional media, he said. And theyre consuming video media in a variety of lengths and formats, with a mix of long-form, short-form and branded content. Brands are having to re-think how they bring digital content to consumers and how they produce it. Generative AI and machine learning, collectively AI are now transforming how we plan, develop, measure and value content created.

For close to a decade, according to the report, machine learning has been relied upon by marketers to drive targeting, attribution and measurement the algorithm. Now it is being teamed with generative AI the next innovation frontier to assist brands and agencies with research distillation, concept ideation, content production, versioning and testing.

The struggle to address surging demand for scaled, contextually relevant content is not new, said Jamie Posnanski, former global head of content for Accenture Song. But this research highlights why many of us who have been helping brands solve for these challenges are truly excited. The rapid evolution of AI in this space is presenting new, transformational opportunities to accelerate content creation and dramatically improve consumptionwhile overcoming legacy processes and fragmented technology stacks to unify media, data and content in ways that were never before possible.

Such application is also adding complexity with over 80 percent of marketers working with two or more production partners, and nearly 13 percent working with six or more today. Even though more than six in ten marketers are currently leveraging generative AI to support creative development and more than nine in ten are leveraging or planning to leverage creative intelligence from AI to support content development and optimization, the market is still in its early stage of evolution.

Our research, based on a survey of 250 decision-makers at brands across the United States and United Kingdom, as well as in-depth interviews with dozens of industry experts, takes a deep dive into the lifecycle of creative production and content creation from planning, to process management and governance, to measurement, said Charles Ping, managing director, Winterberry Group. We identify how functional roles at brands and agencies are changing as a result raising the profile for holistic planning among creatives, strategists, media planners, data scientists and the vitality of the data and intelligence they leverage.

Source: Winterberry Group, The New Creative Paradigm How AI Is Transforming Video and Content Production, February 2024.

Such deployments are not without significant challenges, among them regulatory uncertainty, lack of clarity in costs and resource intensiveness of AI, bias elimination, limited trust in AI-generated content, and variability in quality and consistency, according to the research. Brands also have invested heavily in sustainability and diversity-equity-inclusion initiatives and it is unclear what impact AI may have on these business objectives, the report states. Human command and oversight are critical for all these reasons.

We believe brands and agencies will benefit from this research generative AI has everyones attention, and its testing and deployments, when successful, bring efficiencies and quantities in content, Kate Briganti, chief strategy officer, APR. Adherence to brand standards, consumer acceptance, engagement, and a scalable process for production must be achieved in tandem. We are excited to bring this discussion to the forefront in this white paper.

Results of the full study, as a PDF, are available for download from Winterberry Group.

ABOUT WINTERBERRY GROUP

Winterberry Group is a strategic consultancy specializing in the intersecting disciplines of advertising, marketing, data, technology and commerce. We collaborate with stakeholders across the advertising and marketing ecosystemservice providers, technology developers, media companies, brands and investor groupsto identify and activate growth opportunities that drive the creation of real and lasting value. We bring decades of experience and deep industry, operational and M&A expertise that bridges strategic development and tactical executiondriving unprecedented speed-to-action. And through our highly collaborative approach, we enable knowledge transfer and actionability, giving our clients a competitive edge and powering growth in performance, team engagement and shareholder value. Learn more at https://winterberrygroup.com.

[Editors Note: Editorial members of the media may request a full copy of the research by contacting media contacts Bruce Biegel or Charles Ping. Selected charts, findings and figures from the study may be published, sourcing Winterberry Group, The New Creative Paradigm How AI Is Transforming Video and Content Production, February 2024.

Media Contacts: USA: Bruce Biegel Senior Managing Partner Winterberry Group bruce@winterberrygroup.com

UK and Europe: Charles Ping Managing Director Winterberry Group cping@winterberrygroup.com

Photos accompanying this announcementare available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7af6537d-84e8-4bfc-adc2-a08a29ff1dd8 https://www.globenewswire.com/NewsRoom/AttachmentNg/3c51e88e-1919-4daa-876f-5314690e0bbc

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New Research From Winterberry Group Explores Artificial Intelligence and its Role in Transforming Video and Content ... - Yahoo Finance

Agreement includes KQC offering IBM software and new AI infrastructure capabilities as well as IBM's next-generation quantum computing architecture

BUSAN, South Korea, Jan. 29, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Korea Quantum Computing (KQC) has engaged IBM to offer IBM's most advanced AI software and infrastructure, as well as quantum computing services. KQC's ecosystem of users will have access to IBM's full stack solution for AI, including watsonx, an AI and data platform to train, tune and deploy advanced AI models and software for enterprises.

KQC is also expanding its quantum computing collaboration with IBM. Having operated as an IBM Quantum Innovation Center since 2022, KQC will continue to offer access to IBM's global fleet of utility-scale quantum systems over the cloud.Additionally, IBM and KQC plan to deploy an IBM Quantum System Two on-site at KQC in Busan, South Koreaby 2028.

"KQC is providing versatile computing infrastructure in Korea through our collaboration with IBM. Our robusthardware computing resources and core software in quantum and AI are poised not only to meet the growing demand for high performance computing, but also to catalyze industry utilization and ecosystem development. We are working to diligently enhance services and infrastructure through this collaboration as well as with our industry-specific partners," said Ji Hoon Kweon, Chairman of KQC.

"We are excited to work with KQC to deploy AI and quantum systems to drive innovation across Korean industries. With this engagement, KQC clients will have the ability to train, fine-tune, and deploy advanced AI models, using IBM watsonx and advanced AI infrastructure. Additionally, by having the opportunity to access IBM quantum systems over the cloud, today and a next-generation quantum system in the coming years KQC members will be able to combine the power of AI and quantum to develop new applications to address their industries' toughest problems," said Daro Gil, IBM Senior Vice President and Director of Research.

This collaboration includes an investment in infrastructure to support the development and deployment of generative AI. Plans for the AI-optimized infrastructure includes advanced GPUs and IBM's Artificial Intelligence Unit (AIU), managed with Red Hat OpenShift to provide a cloud-native environment. Together, the GPU system and AIU combination is being engineered to offer members state-of-the-art hardware to power AI research and business opportunities.

To provide a full stack solution, this collaboration will also include access for KQC's clients to Red Hat OpenShift AI for management and runtime needs, and IBM's watsonx platform to empower generative AI and the next wave of computing technology. By leveraging watsonx software for its workflows and solutions, KQC members will have access to generative AI technologies for the enterprise.

In addition to IBM, KQC is also collaborating with other Korean organizations on contributions to the country's quantum computing ecosystem.

"KQC has beenactively building quantum research collaborations with leading domestic companies in the financial, bio-healthcare and pharmaceutical industries. Last year, Dankook University Hospital joined as a co-research member in quantum healthcare. Additionally, as members of our IBM Quantum Innovation Center, Hanlim Pharmaceutical Co., has started joint research for new drug discovery with us. And DNEURO, a Korean financial software start up is developing quantum algorithms in option pricing and portfolio optimization," said Dr. Joon Young Kim, CEO of KQC.

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.

Media Contacts:

Bethany Hill McCarthy, IBM Research [emailprotected]

Chris Nay, IBM Quantum [emailprotected]

SOURCE IBM

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Korea Quantum Computing and IBM Collaborate to Bring IBM watsonx and Quantum Computing to Korea - PR Newswire

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A discussion over classifying layer-2 solutions (L2s) has erupted within the Ethereum community after remarks by co-founder Vitalik Buterin.

In response to a post on X by Daniel Wang, founder of Taiko, an Ethereum rollup solution, Buterin said that reliance on external chains makes a system no longer a rollup since assets cant unconditionally be withdrawn if operators collude against users.

Buterin adds, though, that despite the classification, validiums remain suitable for many other applications. Buterin notes that systems relying on external data availability (or DA, as mentioned in the tweet), such as modular blockchain Celestia, are validiums rather than genuine rollups.

Validiums and rollups are scaling solutions for Ethereum that allow more transactions to be processed off-chain, reducing congestion and gas fees.

Rollups batch transactions off-chain while posting data to Ethereum for security, providing scaling through compression. Validiums also enable off-chain transactions but use zero-knowledge proofs for validity without publishing transactions on-chain.

The main difference between the two is data availability. In a rollup, the data is available on-chain, while in a validium, the data is stored off-chain and only a hash is stored on-chain.

This difference makes validiums more efficient and versatile than rollups but also introduces a data availability risk if the data availability providers collude, censor, or go offline. Validiums are administered by a collection of smart contracts deployed on Mainnet, including a verifier contract and a data availability committee.

On the other hand, rollups publish the full data of transactions on-chain, making them more reliable and secure but ostensibly less private than validiums.

In this case, Buterin is proposing critical changes to how layer-2 solutions are classified, introducing a new taxonomy of layer-2 solutions based on more neutral strong and light labels for rollups and validiums, respectively, with the strong label denoting security-favoring solutions, and the light label representing scale-favoring L2s.

This logic is based on two distinct purposes that layer-2 solutions serve: scaling and modularity.

In terms of scaling, rollups offer compression from transaction batching, providing security inherited from layer 1. However, data storage and verification processes limit throughput. Validiums avoid this through zero-knowledge proofs that validate off-chain activity without exposing transaction details on-chain. This enables validiums to scale to higher volumes.

Regarding modularity, solutions like Celestia adopt this approach: data availability is customizable based on specific needs, and validation layers are open to independent deployment. If a classification between light and strong L2s, as Buterin proposes, is implemented, it will affect how modular chains allow customization across data and validation components.

The key difference here is how rollups mandate data availability on Ethereum, maximizing security but reducing modular flexibility. On the other hand, validiums enable adaptable data and validation layers to optimize performance but also open up trust assumptions, potentially lowering transaction security.

Ryan Berckmans, an investor in decentralized payments protocol 3cities, countered Vitalik Buterins proposed taxonomy by asserting that validiums should still be considered layer 2 solutions. Berckmans claims the L2 sector has the flexibility to define terms in ways that maximize usefulness.

To support his position, Berckmans points to L2Beat, a data provider tracking the adoption of layer-2 protocols, which currently categorizes validiums under its umbrella of L2 coverage.

However, L2Beats explainer states that validiums and other models relying solely on validity proofs rather than direct data availability on Ethereum introduce additional trust assumptions and fall outside the scope of rollup-style L2 solutions. By avoiding base layer settlement, L2Beat argues that validiums fail to inherit the security guarantees that define conventional layer-2 implementations.

The arguments reveal inconsistencies that are still present across layer-2 implementations. Projects like L2Beat aim to bring clarity but need help with contradictions as pioneering teams innovate on scaling models that dont neatly fit the current definitions.

Berckmans advocates for a functional taxonomy that includes advanced networks expanding Ethereums throughput and capacity. In contrast, Buterin and L2Beat favor more strict security-oriented criteria that validium tradeoffs fail to satisfy at a conceptual level.

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

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Vitalik Buterin sparks debate on layer-2 classifications - Crypto Briefing

Elizabeth Douglas | Wealth of Geeks

Adopting a vegan diet can drop the household food bill by as much as 16%, potentially saving $500 or more per year. Veganism is widely recognized as a more environmentally sustainable, healthy, and ethical dietary choice. Now, cost saving can be added to this list.

Minimize Substitutes

Mock meat, dairy, and eggs are the plant-based versions of the animal alternatives. The retail price tag reflects the additional cost to develop and produce these faux foods. Good Food Industry reports that plant-based meats are two-thirds more expensive than animal meat. And plant-based egg prices are more than double their animal counterparts. Mock substitute products can be considered a treat, like the caviar of plant-based food. Save them as the focal point for a special meal, or for those occasions when available time trumps the cost.

Stick To Basics

Although substitute products may be convenient, they arent a necessity. Experts want people to know that a vegan diet of fruits, vegetables, grains, and beans is good for health and the budget.

We hope it becomes common knowledge that eating a vegan diet based on fruits, vegetables, grains, and beans and avoiding meat, dairy, and other animal products will help you save money and stay healthy, explained Hana Kahleova, Ph.D., director of clinical research at the Physicians Committee for Responsible Medicine, when discussing their new research with Nutrition Insight.

Hannah Coyne, campaign manager for The Vegan Society, says, Our cost-comparison research found that vegan protein sources such as lentils, peanut butter, and beans are some of the cheapest food options.

A whole food, plant-based diet centered around vegetables, grains, legumes, and fruits can be highly affordable if planned correctly, and is generally less affected by inflationary trends. According to the U.S. Bureau of Labor Statistics, the average price per pound for ground beef is $5.22 more than triple that of beans, which are just $1.63 per pound. In addition, beef has increased by 8.1% in the last year, whereas the price for dried beans has dropped by 3% despite the current inflationary market.

Make It Taste Good

Theres no denying that a wholefood plant-based diet is a significant change from the average American diet, which is low in fruits and vegetables and high in fat and sodium, according to the Missouri Medicine Journal. Transforming your diet overnight might be inspiring, but it probably wont last too long. An enjoyable, sustainable transition needs some planning.

Long-term change is essential to have a meaningful impact on your bank account and your health. Recreating familiar foods that you enjoy is a key step. Begin by thinking of your favorite meals, then swap out the meat, dairy, or eggs for cheaper wholefood alternatives. For example, instead of chicken curry, try chickpea curry.

Craving buffalo wings? Try cauliflower wings instead. Finding an option you like might take a few attempts, but stick with it, and youll reap the rewards. Families, in particular, will benefit from a gradual transition. Giving family members time to adjust helps sidestep the risk of people expecting different meals.

Shop Smart

Smart shopping is a crucial element in maintaining a budget-friendly vegan diet. Embrace local markets and seasonal produce for the best deals. Seasonal fruits and vegetables are cheaper and at their peak flavor and nutritional value. Take a look inside Asian and South Asian stores for unique ingredients like spices and grains that are often pricier when purchased in mainstream supermarkets.

Comparing prices and being open to shopping at different stores or finding bulk deals can lead to significant savings. Shopping online for private-label pantry staples can also be a way to save extra money. As a bonus, buying canned or dried beans, legumes, and rice with a long shelf life will also mean less food waste.

Meal Prep

Meal prepping is an efficient way to save both time and money. Dedicate a day to prepare meals for the week and prioritize high-protein options like tofu scramble to keep you full and satisfied. This approach minimizes the temptation of impromptu takeouts or expensive convenience foods.

Writing out your weekly meals provides a helpful diet overview and will make it easier to meet your nutritional needs. As long as they are appropriately planned, vegan diets can be healthful, nutritionally adequate, and may even help prevent certain diseases, according to the Academy of Nutrition and Dietetics.

Batch cooking and freezing portions ensure you always have quick, healthy meals on hand. Meal prepping also allows you to buy ingredients in bulk, which is often more cost-effective. By planning your meals, you can ensure a varied and balanced diet, reducing food wastage and making the most of every grocery purchase.

This article was produced by Media Decision and syndicated by Wealth of Geeks.

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Cut Costs, Not Flavor: 5 Ways To Save Money on Vegan Diet in 2024 - Cut Costs, Not Flavor: 5 Ways To Save Money ... - New York Daily News