Michael Cinco Launches Couture RTW After Successful Metaverse Fashion Gala

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All eyes were on Philippine Blockchain Week (PBW) as world-renowned Filipino fashion designer Michael Cinco showcased his iconic style in the digital and physical spaces. Following the event, Dr. Sayed Ali, co-founder and managing director of Michael Cinco Couture, announced the launch of the designer’s first couture ready-to-wear collection, along with a perfume and jewelry line.

“It’s not normal ready-to-wear,” said Ali, during a PBW panel entitled, ‘Fashion Digital Runway’. “It’s couture ready-to-wear, with a touch of Michael Cinco Couture, but the price is very affordable.”




Bringing Fashion to the Digital Space

Host and eventologist Tim Yap moderated the discussion with Ali, Blockchain Council of the Philippines founding VP Chezka Gonzales, and Xctuality co-founder and CEO Warren Woon, whose company was responsible for bringing Cinco’s creations to the digital world.

“We wanted to bring together the physical elements of the gowns with elements of the Metaverse and NFTs,” said Woon, before sharing that the designer’s gowns are so unique that it took some time to translate them into the digital format.



Showing the Possibilities of Blockchain Technology

Based on reactions from the audience and on social media, the event was successful in presenting the possibilities of bringing art to the digital space, not the least of which was helping creatives reach a younger, wider demographic.

For Gonzales, who’d helped conceive the event, the Metaverse Fashion Gala was an event over a year in the making. She cited the value added by placing Cinco’s pieces on the blockchain, stating that, “Recreating Michael’s fashion in the Metaverse and authenticating them with NFT’s helps give consumers the value they really deserve.”

Running concurrent with the Gala was the sale of both featured pieces and iconic designs from Cinco’s portfolio, with proceeds benefitting the World Wide Fund for Nature (WWF) and the Global Reskilling Movement.

Now on its second year, PBW is dedicated to shining the spotlight on how blockchain technology is evolving the way we live, work, and play. PBW runs from September 19-21 at the Marriott Hotel Grand Ballroom. For tickets or more information, visit www.pbw.ph

Why Do We Need ROI to Decide on an Investment?

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Return on investment is an essential calculation in order to evaluate outcomes on investments. And, even now you can compare your investments with other types of investments. ROI plays a key role in deciding the amount of investment a business should receive or not.

ROI calculator enables us to know the expected profit or loss in our investments. Decide investment pattern and return on investments by the ROI calculations.


Lets go and learn the importance of the ROI for our business!


In simple terms, ROI is an ideal way to interpret your investments and choose the best kind of the investments. ROI calculator helps managers to recognize what is the best path to follow and which investment does require more investment and where they need to cut down our investments.


This term is most common in the businesses as we are dividing the profitability of the investments by the total cost of investments. The result is represented in the form of a ratio which is best to analyze your %age return on your investments.

Formula of ROI:

Investors may be in total disarray, if they are not able to find how to calculate ROI. Well, we are to make things easier for your by providing best ROI (Return on Investment) formula:


The simple formula for ROI is as follows:


ROI= Net return InvestmentsCost of Investments 100%

Second method:

ROI= FVI-IVIIVI 100%

Where:

FVI= Future value investments

IVI= Initial value investments


When we are finding ROI over a period of 12 months, then we call it Annualized ROI, an annualized return calculator automatically able to find ROI over a period of 12 months.
Practical Examples of ROI:

Example 1:

As an investor in the real estate market, you have purchased a Property of $ 600,000 in California and after 2 years you sold the property $ 900,000.


So, how to calculate return on investment here, simply put the values in the ROI calculator and let it proceed with precise calculations. You can even attain the manual ROI calculation with the assistance of formula:

ROI= {($ 900,000 - $ 600,000)/($ 600,000)}100%= 50 %

Quit worrying since a return on investment calculator can also do the calculation in the same way.
Example 2:


You're working as marketing manager in a large international company, you have started the company with an initial budget of $50,000. The result of this program is $ 100,000 growth in profit margin over each of the following two years.


First, find the investment in the first two years that assists you to calculate return on investment.

So to find FVI= $ 100,000+ $ 100,000= $ 200,000

Here IVI= $50,000

ROI=($ 200,000- $50,000)/ ($50,000)= 0.75 1/100= 75%

Annualized ROI:

This provides us the time that we have invested, which is indicated as the holding time for our investments.

Annualized ROI=[(1+ROI)1/n-1]100%


Where:

n= Number of the years the investment held during the project.


​
ROI and Financial Decision Making:

ROI is useful in making a profitable decision for our businesses, average rate of return on investments is taken as to find is it feasible for us to invest in a certain business or not. It is almost essential to do the initial ROI analysis against the following estimation.


In general the what is a good return on investment is calculated as follows:

ROI LV : Investment is profitable

ROI < LV : investment is unprofitable

Where LV is predefined limit values to calculate annual return on investment

For simplicity to find what is a good return on investment?

ROI ≥ 0 – investment is profitable

ROI < 0 – investment is unprofitable

Calculate annual return on investment ≥ 0 is considered as a profitable business in the first year of the business.

. In this case, the criterion should be like that:

ROI ≥ WACC = investment is profitable for the time being


ROI < WACC = means that investment is unprofitable (not acceptable)
Conclusion:

ROI calculator is a simple and intuitive metric to find the probability of return on our investments. There are some limitations of the ROI investments as it doesn’t consider the holding period of an investment. The rate of return calculator is an easy-to-use business analysis source that helps to predict expected ROI.

Navigating the Rental Market: 6 Tips to Find Your Dream Home

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Many people dream of one day getting their home. As exciting as this can be, it can also be a daunting process. This makes it essential to plan well and do your research. Getting the perfect home is more than having an idea of the number of bedrooms and type of kitchen you need. If you search online, you will surely see beautiful listings and will want to attend every open house available.

However, there is more to getting the ideal house. The process can be as seamless as possible, provided you are willing to put in the effort. It may also take a long time, depending on your market.


Cover Photo by PhotoMIX Company


No matter who you are: a first-time home buyer, or a getting your second house, this article contains a list of actions that can guide you in the right direction. To navigate the rental market successfully and find your dream house, do the following:


1. Evaluate Your Needs and Wants

In trying to get a dream house, it's nice to have a list of "needs" and "wants." Of course, the difference between the two is clear. Knowing this can help you organize your list and get your priorities in line.

In defining your wants and needs, evaluate things that are important to you. For instance, view, garage, yard, location, etc. It can give you a good perspective on the rental Nashville tn property that suits your style.


2. Start by Getting Pre-Approval for a Mortgage

One of the tasks you need to tick off your box before embarking on your search is getting prequalified for a mortgage. No matter your market, a good grasp of your budget will let you know if your dream house is within reach. When you get pre-approved, you can narrow your search based on what you have and save time elsewhere.

Getting prequalified puts you a step ahead of the game. This is because a lender already pre-approved you for up to an amount of mortgage. Sellers like seeing pre-approved buyers, so you have a high chance of success.

The pre-qualification process involves contacting a mortgage broker. You will furnish the broker with some info about your finances, which will help determine the home loan amount you can get.


3. Check out The Neighborhood

A house may tick all your boxes. However, if you don't like the neighborhood, you might be miserable while staying there. This makes it essential to see if the neighborhood fits your need and lifestyle.

Do you like going to the park and enjoying the vast expanse of green grass? Then, you don't want the nearest park to be 30 miles away. While driving around the house, ensure the neighborhood meets your needs. If you have kids of school age, you might not want them to travel for miles to get to school.

For someone still raising a family, check if the area is friendly to kids. The last thing you want is your kids playing in the street and getting run over by a drunk driver.


4. Check the Size

The size of your house also matters as it can determine if you will be miserable or love your new place. Your family’s habits and style can influence the property that fits your need.

For instance, if you like eating lots of home-cooked meals, you will likely prioritize a good and spacious kitchen with adequate amenities. Someone who works from home will probably need an extra room that can be configured into a home office.

A traditional family that values dinnertime with everyone present will need a spacious dining room. These factors will help ensure you have a functional space for your family.

Photo by David McBee


5. Clean Up Your Finances

A house is a significant financial commitment; many people take up a mortgage. To be successful, get rid of other debts that affect your chances.

When you repay your debt, you build your credit score and reduce your debt-to-income ratio. With a higher credit score, your chance of pre-approval is high. Someone with lots of debt who direct a huge part of their monthly income to debt repayment might not appear attractive to potential lenders. With too much debt eating out of your paycheck, there is a huge chance that you will struggle to keep up.

This means you need to keep your debt-to-income ratio low. Your mortgage application will be denied if it exceeds a certain threshold. As a result, reduce and, if possible, get rid of all debts before embarking on a house purchase journey.


6. Check out the Property

The compound of the house should also reflect what you want in a house. Does the architecture of the house reflect your style? Do you like a fancy garage door that brings out your house's curb appeal? These are things you need to consider when trying to buy a house.

Also, the size of the property matters, as it will determine how much you will spend on property maintenance. For instance, someone with a large yard will need to think about monthly maintenance. If you have kids who will need to play around, a house with a small yard is out of the question.

What about a swimming pool? Are you ready for the extra commitment that goes into maintaining a pool?

Photo by Binyamin Mellish: 

Conclusion

Getting the perfect house doesn’t have to give you a sleepless night. You will have to invest time and effort, no doubt. This article has provided a headway on how you can successfully navigate the real estate market.