What's Possible: 6th August, 2021

We hope you enjoy this week's hand-picked selection of important and interesting stories from the frontiers of tech.

Zymergen plunges 76% one day and rebounds 85% the next

In December 2020, Zymergen launched its first such product, Hyaline, which can be used to manufacture foldable touchscreens.

On August 3, Zymergen said several of its key target customers faced "technical issues" in implementing Hyaline into their manufacturing processes. As a result, the company will delay its ramp-up, and it doesn't expect to generate any product revenue in 2021. Further, it expects product revenue to be "immaterial" in 2022.

The rally in Zymergen comes after Cathie Wood's Ark Invest tripled its stake in the synthetic biology company.

Your future sushi dinner could be cultivated, not caught

A recent study found that 80% of consumers in the U.S. and U.K. were at least somewhat willing to try cultivated animal protein, with younger generations markedly more open.

a16z's submission to the US Senate regarding reporting requirements on crypto transactions

We firmly believe that the next wave of computing innovation will be driven by crypto, and that crypto will enable societies to harness the full potential of digital transformation and realize the unfulfilled promises of our current system.

Plus to Deliver Autonomous Truck Systems Powered by NVIDIA DRIVE to Amazon

Autonomous trucking company Plus recently signed a deal with Amazon to provide at least 1,000 self-driving systems to retrofit on the e-commerce giant’s delivery fleet.

Does the world need another carbon offsetting platform?

Carbon offsets generate huge sums of money. By 2030, McKinsey estimates that the market for carbon credits will hit a whopping $50bn — a 15-fold increase from today’s levels.

How many satellites are orbiting the Earth in 2021?

According to the Index of Objects Launched into Outer Space, maintained by the United Nations Office for Outer Space Affairs, there were 7,389 individual satellites in Space at the end of April, 2021; an increase of 27.97% compared to 2020.

The video game industry is bracing for its Netflix and Spotify moment

As of January, Game Pass had more than 18 million subscribers, and Microsoft's aggressive investment in a subscription future has become a catalyst for an industrywide reckoning on the likelihood and viability of such a model becoming standard.

A Comprehensive Guide to the Top NFT Avatars

If you’re looking to get into NFT Avatars, this guide may help you overcome your decision paralysis.

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