VIP Class Notes (Tibo)

Homework

Nike and RTFTK ( https://twitter.com/RTFKT ):

https://techcrunch.com/2021/12/13/nike-acquires-nft-collectibles-studio-rtfkt/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGnLHeEBY9NXpz5MpcQXx1mlXAQ3-y0l_aNQ1sGbMmgzlxauHkPTKxvIZ3Vb8gNABR5LFmmlnxJXKKOSTC-xC9iAJmjY-dBC3zUZbc0S1oHkX53hSP8418Z5b8lwDvWZXcB5ULh-V9M97DWhhvYKG4GOEe5sZw864HSAxC4IxKo7

https://hypebeast.com/2022/5/rtkft-studios-nike-physical-virtual-apparel-collaboration-teaser-release-info

Nft museum : www.oncyber.io

Speaking exercise

I had to use a VP.N and then I succeeded

I am not the key person to present the speech / I won’t be the main speaker 

I just give an opening speech and then I might raise /ask some questions.

If this expert doesn’t explain very clearly I will rephrase his ideas to double confirm /double check with him.  / check my understanding…

I think until today I checked 27 clients already registered -> I checked today and 27 clients have already registered 

I might tell the expert to explain in (a little bit) more details / I might ask the expert to give more details 

What’s the increase % on average? / by what percentage do prices increase?

What’s the appreciation range 

could you give us a little bit explanation -> could you give us a small/quick explanation about …

Could you explain a little bit about X … 

I would like to take 1 min to introduce our next meeting …

In the middle of July we are going to host a metaverse meeting and the investors will be able to enjoy a dance show in the metaverse.

People will see/attend the dance performance in the position of a dancer rather than as part of the audience

Vocabulary

Bull market
Bear market

Bearish (adj)
The market is on a bearish trend
Tom is bearish on VR 

Bullish (adj)

Incremental (adj) related to an increase / related to an change by a small amount
We don’t want the price increase to be too scary for customers so instead of having a 15% price increase we decided to have several smaller incremental increases 

Increase (v/n)
We will have to increase prices
We noticed a price increase 

Increment (n) 增加/增值
the auction requires increments of USD100 minimum.
(if Tom bids for 200, you need to at least bid for 300) 

Professionalism (n) standards expected in a job
Tom always forgets to send emails to the clients, he is not serious, he lacks professionalism.

To appreciate (v) to increase in value (through market movement)
He bought a house because he believes the house will appreciate in the future 

Price elasticity (of demand) (n)
When you increase price by x%, by how much does demand change?
https://www.investopedia.com/terms/p/priceelasticity.asp

Grammar

A little bit is only used with things you cannot count
Tom asked for a little bit of water to clean his t-shirt 

I need a little bit more time
Tom only has a little bit of money left, he will eat instant noodles for the rest of the month.

Pronunciation

Registration