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BitcoinBlack Launches Its No Limit Visa Crypto Credit Card In UAE
Card holders get exclusive access to a mansion on the Turks and Caicos Islands, special charter deals provided by Momentum Jets, exclusive private events, as well as 1,300+ airport lounges around the world.
Cryptocurrency credit card company BitcoinBlack has recently launched its no limit Visa crypto credit card. Access to the card is limited to 10,000 high-net-worth individuals, and applicants must share their net worth, credit score, and annual income in US dollars, among other information in order to be considered.
“Secured by the holder’s crypto, the card is billed as a gateway to a world of luxury goods and services and one-of-a-kind members-only experiences,” states the press release issued by BitcoinBlack on July 4.
More specifically, the holders of the BitcoinBlack Visa crypto credit card get exclusive access to a mansion on the Turks and Caicos Islands, special charter deals provided by Momentum Jets, exclusive private events, as well as 1,300+ airport lounges around the world.
The card rewards every purchase with a cashback of up to 10% in the form of the Spend token ($SPDN). The token can be converted to other cryptocurrencies or redeemed at the Haute Living Luxury Marketplace at a guaranteed 1:1 value to the USD.
“We’re very excited because in addition to being able to spend rewards on incredible luxury items, the marketplace will also allow members to purchase experiences that our team at Haute Living Magazine have created exclusively for them. These are one-of-a-kind events not found anywhere else in the world.” said Kamal Hotchandini, Chief Luxury Officer of BitcoinBlack.
Also Read: 3 Best Cold Storage Wallets For Crypto In 2023
BitcoinBlack was founded in 2021 by Prakash Chand, a serial entrepreneur based out of Toronto. Prakash is known largely for his medical information website Ask The Doctor, which used a Cardano-based token, called AskToken ($ASK).
Despite what some cryptocurrency news outlets have reported, BitcoinBlack is not owned by Visa Inc. The financial and payment cards company merely lets BitcoinBlack use its payment network to facilitate transactions.
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Adobe Teases New AI Editing Tools And Updates In Premiere Pro
The video editing app will be enhanced with a generative extend tool, text-to-video, improved timeline waveforms, and more.
After launching the generative AI model Firefly last year, Adobe is now showcasing how the technology will be used in upcoming versions of the editing app Premiere Pro. In an early sneak peek, the company demonstrated several new features, including Object Addition and Removal, Generative Extend, and Text to Video.
The first new feature, Generative Extend, targets a common video editing problem by using AI to “Seamlessly add frames to make clips longer, so it’s easier to perfectly time edits and add smooth transitions”.
Meanwhile, Premiere Pro’s Object Addition & Removal tool will leverage Firefly’s generative AI to “Simply select and track objects, then replace them. Remove unwanted items, change an actor’s wardrobe or quickly add set dressings such as a painting or photorealistic flowers on a desk,” Adobe states.
Adobe also showcased another new feature that can automatically generate new film clips using a text prompt. To use the content creation tool, editors can “Simply type text into a prompt or upload reference images. These clips can be used to ideate and create storyboards, or to create B-roll for augmenting live action footage,” Adobe explained. The company seems to be commercializing this particular feature extremely quickly, considering generative AI video only appeared a few months ago.
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The new additions to Premiere Pro will be added later this year, but Adobe is also introducing smaller improvements to the editing app in May. The changes include interactive fade handles to enable easier transitions, an Essential Sound badge that uses AI to “automatically tag audio clips as dialogue, music, sound effects or ambience, and add a new icon so editors get one-click, instant access to the right controls for the job”, along with effect badges and a new look for waveforms in the timeline.
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