The RealReal is an app that provides access to an e-commerce site that provides authenticated luxury consignment. It was established in March 2011 by Julie Wainwright and is privately held. They have a very active Instagram account where many of their goods are posted and talked about.
Right now they have a Balenciaga Paris bag that they are talking about on Instagram. They suggest it would make a great upgrade for their customer’s farmer’s market bag. This is a luxury bag that some of their customers describe as cute and that they love it. They also have a women’s bathing suit posted on their Instagram account which is made by Gucci. It is a red bathing suit with white lettering showing the Gucci brand and logo. The text on this photo says that it is coming soon to their 8500 Melrose Ave store in Los Angeles.
There are many places to buy used luxury goods online and in brick & mortar stores, such as Chanel bags. However there are also a whole lot of places out there that knowingly sell fake goods. The RealReal is a luxury consignment site that authenticates everything that comes through its doors. Due to this fact they had $100 million in revenue recently. They are based in the San Francisco Bay Area and through their app their products are available across the United States.
There are other reasons as well that this company is doing so well besides refusing to sell fake luxury goods. They also offer high-touch services for their sellers including sending drivers by their homes to pick up the goods they want to sell through consignment. Most of the luxury goods they sell within a month of having hit this company’s inventory so its a great service for both sellers and buyers.
WAX, a Worldwide Asset eXchange company has come up with new ways in which customers in the gaming industry can reduce friction while carrying out transactions between them. One of the main problems experienced in the gaming industry is the language barrier and the geographical issues where a user has to use brokers or in other words go-betweens because the other person whom they are buying from or selling t does not use the same utility token.
WAX has come to solve most of these problems by providing a common taken to be used by the all the users in the gaming industry. One of the best advantages brought about by WAX is that players will be able to purchase assets from other players without switching off their games using the blockchain-enabled token provided by WAX. This will help to save time thus increasing the efficiency in the sector.
Another advantage of the WAX tokens is that the players will be using an ordinary token meaning that there will be no language barrier between the players and the difference in the form of currencies that may sometimes force players to use go-betweens for them to transact with one another.
Besides, there is an added advantage that comes along with the elimination of go-betweens. This is the reduction in the amount of fraud that results from the use of middle men and also fragmentation. This has enabled to increase the confidence of the players in their transactions and hence increasing the number of participants in the gaming industry.
WAX will also enable the gamer to acquire assets in a decentralized and democratic market, meaning that they will have a wide variety of assets to choose according to their tastes and preferences thus eliminating the risks and uncertainties in a centralized form of a market.
WAX was founded by Malcolm CasSell who is today the president of the company. He has vast experience in various technology companies, and he has a rich educational background in this sector. He holds a bachelors degree from Massachusetts Institute of Technology and a masters degree from Stanford University both in Computer Science. This is enough reason for the gamers to find him reliable in this field.
The past few years have witnessed the eruption of numerous scandals from different governmental departments. These revelations have deeply exposed the permeation of corruption cases not just in government offices but also within the private sector. Bruno Fagali particularly notes with keen concern the level of ethics and moral decay in business practice as well as the laxity with which businesses allow for backroom and pre-negotiated deals and contracts. However, his recent industry report suggests that companies are waking up to this fact and implementing several anti-corruption strategies.
Drawing statistics from Deloitte market surveys, Bruno Fagali a renowned Sao Paulo lawyer notes that the recent statistics point towards the adoption of anti-corruption measures by most industries. He goes on to explain that unlike three years ago where only 58 percent of businesses acknowledged putting in anticorruption safeguards within their business operations, the recent study puts the adoption of these safeguards at around 73 percent of businesses.
Attorney Bruno Fagali further points out that even political parties are continually raising awareness around these issues with some also implementing the anti-corruption measures. At this level, anti-corruption safeguards include tracking donations to both the political parties and individual candidate electoral campaigns. The lawyer affirms Deloitte’s observation that the Lava-jet events and other revelation that unfolded after that have brought about a cultural change in the country. Bruno Fagali, da agência Nova/SB, fala sobre o prêmio Pró-Ética, organizado pela CGU e pelo Instituto Ethos.
He would also go on to advise businesses that are yet to join this bandwagon on the areas of operation that they should keenly monitor. The lawyer advocates for better controls with regards to financial, operational, regulatory, cybernetic and strategic aspects of the business as these represent some of the most susceptible aspects of the business. He nonetheless concludes by arguing that these safeguards should be extended to every other part of the company that the owner feels wanting.
About Bruno Fagali
Bruno Jorge Fagali is a prolific attorney and a rising star in Brazil’s legal system. He is on a mission towards using his experience, exposure, and the reputation to add a new administrative concept to the country’s legal system. He is particularly committed to the upholding of morals and ethics in all aspects of business and currently serves as a corporate integrity manager in Nova/SB.
Fagali’s Social Media: twitter.com/BrunoFagaliPR