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Bored Ape Yacht Club NFTs Explained

Bored Ape Yacht Club NFTs Explained

NFTs have been around for five years, but the nonfungible token boom only truly began in 2021. It coincided almost perfectly with the launch of Bored Ape Yacht Club, a collection of 10,000 cartoon ape NFTs that's come to embody the whole industry. BAYC has over the past year become a bellwether for NFTs, just like bitcoin is for the crypto market at large. 

When NFTs were at their hottest, in April, the entry price for Bored Ape Yacht Club NFTs was $400,000. Following the crypto crash, caused by the Federal Reserve's hiking of inflation rates to tackle inflation, that's fallen closer to $150,000. Far from the all-time-high, but insane considering these NFTs sold for about $200 apiece last April. 

You've probably seen a BAYC, even if you didn't realize you were looking at one.

Bored Ape owners currently using their NFT as a Twiter profile picture include Timbaland (1.6 million followers), Eminem (22.6 million followers) and footballer Neyman Jr. (55 million followers). Jimmy Fallon and Paris Hilton are also BAYC holders, discussing their Apes in a (cringey) Tonight Show segment. Justin Bieber made headlines with his purchase of a $1.29 million Bored Ape Yacht Club NFT in February. 

In June, Eminem and Snoop Dogg released a video clip in which the rappers are depicted by their respective Bored Apes. 

Yuga Labs, the company behind the NFT collection, has already expanded the ecosystem to include a cryptocurrency (Ape Coin). More importantly, it's developing a "metaverse" MMORPG game called "Otherside." People holding Bored Ape NFTs are betting that the brand will completely break through and go mainstream. Already it's collaborated with brands like Adidas and Gucci, and last year a Bored Ape graced the cover of Rolling Stone magazine. 

Like everything else to do with NFTs, the Bored Ape Yacht Club is contentious. Apes inspire jealousy among those who own and trade NFT art but confusion and suspicion among people who don't. Their value is instrinsically tied to ether, the second biggest cryptocurrency. That means NFTs like BAYC are likely to lose their lustre if crypto collapses -- something critics have prophesized for years. 

Here's what you need to know about the collection.

10 of the 10,000 Bored Ape Yacht Club NFTs. Each has different attributes, some rarer than others, that makes them unique. 

OpenSea

Wait, what are NFTs again?

NFT is short for nonfungible token. These are tokens verify ownership on the blockchain. In essence, an NFT is like a certificate of authenticity for a fancy watch or the deed to a house. It certifies that the digital asset -- in this case a cartoon picture of an ape -- is legitimate, and denotes who the owner is.

The most ubiquitous criticism of NFTs is that they're useless because pictures can simply be right-clicked and saved for free. The point of NFT technology is that it makes public who the owner of an asset is. The idea is that anyone can buy a Mona Lisa print for a few bucks, but only one person or institution can own the original. Everyone in the world can save a BAYC jpeg on their computer, but only one person can own the NFT. 

Whether that makes NFTs valuable is a judgement call. Some people think they'll revolutionize the internet, at last allowing digital goods to be bought and sold like real-world, physical products. Others think they're an environmentally-costly ponzi scheme. 

Why are there 10,000 Bored Apes?

Broadly speaking, there are two types of NFT art. First, you have one-off visuals that are sold as non-fungible tokens, just like paintings in real life. Think the Beeple NFTs that were sold at Christie's for as high as $69 million. Second, you have NFT collections like the Bored Ape Yacht Club, which are mostly designed to be used as profile pictures on social media. The latter have become the dominant style, where most of the money is spent. 

Pioneered by CryptoPunks in 2017, NFT collections are a little like Pokemon cards. You have a set amount -- usually between 5,000 and 10,000 -- which all have the same template, but each has different attributes that make them unique. In the case of BAYC, there are 10,000 apes, each with varying fur types, facial expressions, clothing, accessories and more. Each attribute has a rarity component, which makes some much more valuable than others. 

These properties are displayed on OpenSea, the main platform where NFTs are traded. On any given NFT's page, its properties will be listed as well as the percentage of NFTs in the collection that share the property. Usually, anything under 1% is considered rare. For instance out of 10,000 apes only 46 have solid gold fur, making these particularly valuable.

Each NFT has traits which are ranked by rarity, making some more valuable than others. 

OpenSea

As noted, the "floor price" for the project -- what you'll pay for an ape with common traits -- is currently about $150,000 (85 ether). Apes with the golden fur trait are rare, and so sell for much more. One sold in January for $1.3 million. Another with gold fur and laser eyes, two sub-1% traits, went for $3 million.

BAYC is the biggest NFT project of this kind, recently eclipsing CryptoPunks, which is credited as the first "pfp" (profile picture) collections. Other notable sets include CyberKongz, Doodles and Cool Cats.

What makes Bored Ape Yacht Club valuable?

This is a complicated question. The short answer is that they're status symbols, and like all status symbols their value comes from perception and branding rather than utility. Just like a CEO may try to communicate business acumen with a Rolex or a luxury suit, people who trade NFTs display their success with a Bored Ape Yacht Club NFT. Their argument is that NFTs are better status symbols than real-world items, since when used as profile pictures they can be seen by millions of people on Twitter and Instagram.

Let's start at the beginning. Bored Ape Yacht Club was launched last April. It took 12 hours for all 10,000 to sell out at a price of $190 (0.08 ether). The price of Bored Ape NFTs rose steadily until July, when they spiked dramatically and the collection became a blue-chip set.

What makes an NFT collection successful is highly subjective. Broadly, it's a mix of four things: Influencer or celebrity involvement, mainstream potential, utility for members and community appeal.

The first and second are obvious. When famous people own an NFT, it makes others want to own one too. When celebrities like Jimmy Fallon and Justin Bieber bought into Bored Ape, it caused a run in sales and hype -- and hype is what the NFT market is all about. People buying into BAYC today, at a steep price of over $150,000, are likely to believe that the brand could one day adorn more than celebrity social media accounts: Netflix shows, popular games and Hollywood movies are the goal. 

Thirdly, utility. Most NFT projects claim to offer a utility of some sort, which means it does something other than act as a profile picture. That can be access to play-to-earn games or the option to stake an NFT in exchange for an associated cryptocurrency. 

Bored Ape Yacht Club has done a few things to keep owners interested. First, it created the Bored Ape Kennel Club, offering owners the opportunity to "adopt" a dog NFT with traits that mimic those of the Bored Apes. Another freebie came in August of 2021: Digital vials of mutant serum. Owners could mix their Bored Ape with the serum to create a Mutant Ape Yacht Club NFT (see below). 

The advent of this second collection last August is when the Bored Ape brand really popped. Seen as doing innovative things with NFT technology, and coinciding with a huge amount of money entering the space that month, Bored Ape Yacht Club started to be seen as the premiere NFT brand. 

Both Kennel Club and Mutant Ape NFTs now sell for a lot. The Mutant Ape Yacht Club collection entry point is about $30,000, while Bored Ape Kennel Clubs are selling for about half that. (Remember, these were free to BAYC holders.)

A Bored Ape and its Mutant Ape counterpart. 

Yuga Labs

Last but not least is the community that's built around a collection. NFTs double as membership cards to holder groups. The more valuable people find belonging to that community, the less they'll want to sell their NFT. Bored Ape Yacht Club has organized meetups in New York and California, and there have been Bored Ape get-togethers in Hong Kong and the UK, too. This past June, BAYC holders were treated to "Ape Fest", a festival that included performances from Eminem, Snoop Dogg, LCD Soundsystem and Amy Schumer.

But "community value" also extends to financial self interest. The higher the floor price on a collection, the more crypto-rich traders you can expect to be holders. These savvy investors trade information within locked Discord groups, providing valuable (sometimes insanely valuable) tips to one another. Sell your NFT and you'll no longer be privvy to such tips. 

Eminem is the latest celebrity to flaunt a Bored Ape Yacht Club NFT as a social media profile picture.

Twitter

Who's behind the Bored Ape Yacht Club?

The Bored Ape Yacht Club was developed by Yuga Labs. At the time, Yuga Labs consisted of four people, all of whom went by pseudonyms. There's Gordon Goner and Gargamel, who are the two co-founders, and two friends who helped on the development side, No Sass and Emperor Tomato Ketchup.

All four went exclusively by their pseudonyms until February, when BuzzFeed reported the identities of Gordon Goner and Gargamel. Gargamel is Greg Solano, a writer and book critic, and Gordon Goner is 35-year-old Wylie Aronow. Both went on to post pictures of themselves on Twitter alongside their Bored Apes. Following that, Emperor Tomato Ketchup and Sass both "doxxed" themselves -- that is, revealed their identity -- by doing the same. 

The actual art was created by freelance artist Seneca, who's not part of Yuga Labs. 

What's next?

Yuga Labs has big plans for its Bored Ape Yacht Club brand, plans that are both on- and offchain. (That is, both on the blockchain and in the real world.)

Start with more blockchain stuff. In March, Yuga Labs released Ape Coin, its own cryptocurrency. All Bored Ape holders were airdropped just over 10,000 Ape Coins at launch, worth around $100,000 at the time (now about $70,000). Ape Coin will be the primary currency in Otherside, the metaverse Yuga Labs is building.

Metaverses are big, virtual spaces shared by hundreds or thousands of people at a time. They've existed for a long time, think Second Life or even Fortnite. Blockchain-integrated metaverses are different only in the sense that the land, building and items within the world are owned by users as NFTs. Yuga Labs has already sold land for the metaverse, making over $300 million in just a few hours of sales.

Out in the physical world, the Bored Apes are integrating themselves into fashion. Adidas launched its first NFT project, Into The Metaverse, in collaboration with several NFT brands, Bored Ape Yacht Club chief among them. Collaborations between Adidas and BAYC on both virtual and physical clothing are coming soon. 

Adidas is also a member of the Bored Ape Yacht Club. 

Twitter

The Bored Ape Yacht Club brand has popped up in other industries too. Literally in the case of food: A pop-up restaurant in Los Angeles was recently turned into a permanent burger spot. In January, a mobile game, Apes vs. Mutants, launched on both the App Store and Google's Play Store. (Reviews have been unkind.) Another mobile game is in production, scheduled for Q2. Bored Ape figurines by Super Plastic are on the way too.

More unusual, though, is what people are doing with their apes. Owning a Bored Ape NFT gives you full commercial rights to it, and holders are taking advantage of that in some creative ways. One Bored Ape owner set up a Twitter account for his ape where he created a backstory, turning him into Jenkins, a valet that works for the Yacht Club. Jenkins is now signed to a real-world agency, and has a biography written by New York Times bestseller Neil Strauss. Universal Music Group has invested by signing a band consisting of three Bored Apes and one Mutant Ape. 

You might think NFTs are silly -- and terrible for the environment -- but don't expect the Bored Apes to disappear anytime soon.

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5 ways the world will change in 2022: CNET's predictions for the year ahead

5 ways the world will change in 2022: CNET's predictions for the year ahead

This story is part of The Year Ahead, CNET's look at how the world will continue to evolve starting in 2022 and beyond.

Even before the momentous events of 2020 and 2021 shook up the planet, the tectonic plates of culture, society and technology were already shifting and reshaping the world. The pandemic took those changes and accelerated them, exacerbated them, and in some cases, threw them into chaos. 

As we speed into 2022, one question remains: Where are we headed next?

In tech, health, money, transportation, home and family life, we can be confident of one fact: Things are changing, fast. As in years past, CNET has its finger on the pulse of the ever evolving world and we're confident our CNET: The Year Ahead stories will help you navigate these choppy waters.

During this three-week series -- which will include CES -- we'll especially tackle five themes that will shape 2022.

1. The pandemic and the future of health

COVID-19 largely caught the world by surprise. When the World Health Organization declared the pandemic on March 11, 2020, few of us suspected that it would lead to two years of shutdowns, social distancing and disruptions. Things appeared to be normalizing in mid-2021, but then the Delta variant -- and later the Omicron variant -- touched off renewed shutdowns.

Will 2022 be the year that COVID-19 transitions from a pandemic to an endemic? That's what we're all hoping, of course, but there's no going back to 2019. For example, expect more of the world to follow Asia's lead, where people have been wearing masks in public for years if they were sick (out of courtesy to the people around them) or immunocompromised. 

And, healthcare will never be the same post-pandemic. Expect telehealth to become commonplace now that a lot more people have been exposed to using video calls for health visits. And the COVID-19 vaccine will forever change the way vaccines (and potentially other therapies) are created. It's not unusual for vaccines to take a decade to develop, but these were created in 10 months using genetics and mRNA technology. This could prove to be one of the most important medical breakthroughs of the century.

2. Hybrid work and the 'Great Resignation'

Work and school were perhaps the most disrupted aspects of life during the pandemic. While schools largely returned in-person, work has been a far slower process. Many employees have decided that they prefer the work/life balance of remote work and many have migrated to be closer to family or moved farther away from city centers to have more space and fresh air.

Meanwhile, many employers have become infatuated with the productivity gains of remote work and the ability to scale down their commercial real estate holdings for significant cost savings. 

The most surprising trend that's likely to continue to gain steam in 2022 is the Great Resignation. More people are quitting their jobs and reprioritizing their lives than ever -- CNET's Farnoosh Torabi even has advice. In December, the US Labor Department reported that the number of people quitting their jobs remains at record high levels. How could we go through something as jarring as the pandemic for the past two years and not be changed by it? The Great Resignation is just one example of how those changes are manifesting themselves. 

3. Crypto, inflation and what's next for your finances 

Money and personal finance also remain in the midst of tectonic shifts. In November, inflation hit its highest level since 1982 at 6.8%. The inflation of real estate and cars will be closely watched in 2022, after eye-watering numbers in 2021. The stock market's bull run looks likely to continue with interest rates at such low levels, but its volatile swings are getting more pronounced. There's a big question about whether tech and other growth stocks have run out of steam or are getting ready for another run. 

Speaking of growth, cryptocurrencies have been breaking new highs and attracting more interest. The crypto exchange app Coinbase passed TikTok and YouTube to become the most downloaded app in Apple's App Store a couple times during 2021. Some view the world's most popular cryptocurrency, Bitcoin, as a hedge against inflation. Politicians, athletes and others started taking their paychecks in Bitcoin in 2021. We'll see if your employer will offer you that option in 2022.

4. Space, travel and the next internet

One of 2022's most dramatic developments is the new space race. China and Russia are collaborating on a future moon base (in 2030) as well as landing a robot on an asteroid (in 2024). Not to be outdone, NASA announced its next 10 future astronauts in December with ambitions for a future Moon mission.

Private space companies SpaceX, Blue Origin and Virgin Galactic all sent civilians into space in 2021, and they are all teasing the promise of a future of space tourism. Their ambitions will get bigger in 2022. This will be the year that SpaceX plans to put its Starship reusable rocket and space vehicle into flight for its first missions. Speaking about Starship, SpaceX CEO Elon Musk said, "This is a profound revolution in access to orbit. There has never been a fully reusable, orbital launch vehicle. This is the holy grail of space technology. It is the fundamental breakthrough that is necessary for humanity to become a space-faring civilization." 

Meanwhile, SpaceX's StarLink and Blue Origin and Amazon's Project Kuiper will launch thousands of low orbit satellites into the atmosphere in 2022. Their mission to bring fast, reliable broadband internet at a reasonable price to every corner of the planet is a welcome advance. But, the side effect is tons of space debris that could disrupt astronomers' telescopes, collide with spacecraft and create massive amounts of space junk. Apparently, they've never watched the movie Wall-E.

5. The EV has arrived -- and it means business

Electric vehicles, or EVs, are poised for a huge year in 2022 after a number of breakthroughs in 2021, including the Tesla Model 3 becoming the bestselling vehicle in Europe in September. The writing is on the wall for fossil fuel-burning vehicles. The US will discontinue purchases of gas-powered vehicles by 2035, the UK will do so by 2030 and a broader coalition of countries have set 2040 as a global date for ending fossil fuel vehicles.

Musk, also the CEO of Tesla, predicted that the Tesla Model Y compact SUV will become the bestselling vehicle worldwide in terms of revenue in 2022 -- beating out the Ford F-150 pickup and the Toyota Corolla compact. But the biggest EV story of 2022 is likely to be the transition in trucks, with the Chevy Silverado EV, Ford F-150 Lightning, Tesla Cybertruck and Rivian R1T dominating the headlines. 

Consumers should also keep in mind that a gas-powered vehicle you buy today could have its resale value drop steeply in the years ahead as demand plummets because of people transitioning away from old combustion engine technology to EVs.

The future

The changes sweeping across the planet will not slow down in 2022, even if the COVID-19 pandemic finally recedes to become endemic. Beyond the five big themes mentioned above, CNET: The Year Ahead will cover a wide range of topics to help you get your head around what's coming.

We'll leave you with one last topic you should expect to hear a lot about in 2022: the metaverse. Plenty of us would love to step into a version of the holodeck from Star Trek, and it's hard not to notice the explosion of online gaming during the pandemic. But let's keep our metaverse expectations low for 2022. A lot of work needs to be done to build better virtual reality headsets and an ecosystem of truly immersive virtual worlds. If we get a few encouraging glimpses of the metaverse in 2022, we should count ourselves pretty happy.

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Test pilots. Engineers. Physicists. A US National Team cyclist. A SpaceX flight surgeon. NASA announced its 2021 class of 10 future astronauts on Monday, and they're a diverse group of high achievers. NASA calls them the "Artemis generation" because they're likely to be heavily involved in future Artemis-program missions to the moon.

"The women and men selected for the new astronaut class represent the diversity of America and the career paths that can lead to a place in America's astronaut corps," the space agency said in a statement.

NASA's candidates, the first ones since 2017, were chosen out of a pool of over 12,000 applicants and received their official introductions during an event near the Johnson Space Center in Houston. You can watch the replay here:

The candidates will kick off two years of intensive training in January. They will learn how to operate equipment for the International Space Station, prepare for spacewalks, advance their robotic skills, learn or improve their Russian language and operate a training jet. The reward for all that work could be trips not just to orbit, but possibly all the way to the moon.

Nichole Ayers is a major in the US Air Force and a combat aviator with experience in the F-22 fighter jet. "Ayers led the first ever all-woman formation of the aircraft in combat," NASA said.

Marcos Berrios, also a major in the US Air Force, is from Puerto Rico. Berrios is a test pilot and aerospace engineer. 

Christina Birch has a doctorate in biological engineering from MIT and is a track cyclist on the US National Team.

Deniz Burnham is a lieutenant in the US Navy and a former intern at NASA's Ames Research Center in California. Burnham has a background in mechanical engineering and experience as a drilling-projects manager.

This patriotic view shows an American flag with the SLS rocket at NASA's Kennedy Space Center. SLS will power the Artemis moon missions.

NASA/Frank Michaux

Luke Delaney is a retired major in the Marine Corps with experience as a naval aviator and test pilot. Delaney is familiar with NASA after having worked as a research pilot at the agency's Langley Research Center.

Andre Douglas has a collection of engineering degrees from multiple universities. "Douglas served in the US Coast Guard as a naval architect, salvage engineer, damage control assistant, and officer of the deck," NASA said.

Jack Hathaway, a Navy commander, is a distinguished aviator with "more than 2,500 flight hours in 30 types of aircraft." 

Anil Menon also has an Air Force background and was SpaceX's first flight surgeon. "Menon is an actively practicing emergency medicine physician with fellowship training in wilderness and aerospace medicine," NASA said.

Christopher Williams is a medical physicist and researcher studying image guidance techniques for cancer treatments.

Jessica Wittner, a lieutenant commander in the Navy, spent her military career as an aviator and test pilot. 

Most of the candidates are in their 30s. Delaney and Menon are in their 40s. NASA has stringent requirements for its future astronauts. They must be US citizens, pass a rigorous, long-duration flight astronaut physical, and hold a master's degree in a science, technology, engineering or math field, along with at least three years of related experience.

Each candidate spoke briefly during the event. Many of them talked about people who inspired them, the excitement of space exploration and the importance of teamwork. Berrios took a different route. He said he would like NASA to scale up the Ingenuity Mars helicopter to carry people, though that's probably a pipe dream.

NASA is hoping to launch its first uncrewed Artemis I test mission next year. Berrios may not get to fly a helicopter on Mars, but he might touch his boots down on the moon one day. 

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Best High-Tech Ski Gear for 2022

Best High-Tech Ski Gear for 2022

Few sports have cooler gadgets and tech than skiing and snowboarding. And there's such a wide range of equipment as well. A lot of it can enhance your experience or make recovery quicker and more efficient. The best skiing and snowboarding gadgets can make you feel like James Bond, bombing down the slopes as you're (not) being chased by your nemesis's henchmen. To help you spend more time bombing down slopes, we've collected the best high-tech ski gear on the market right now and compiled it for you below. From action cameras like a GoPro to new goggles and more, there's something for everyone.

Much of the gear here is battery-powered, including the top GoPros and other action games, as well as some ski-friendly earbuds and helmet speakers. But not everything has a power component to it. In some cases, I've included items with high-tech materials, cutting-edge designs or basic protection for iPhones and Android devices. There are also several helmets and ski goggles in the mix.

I'll add more top ski gear products to this list as I find them.

Josh Goldman/CNET

At the moment, the GoPro Hero10 is the best single-lens action camera you can get from GoPro. It's not a big upgrade over the GoProHero 9, which is available for a little less, but it has a new GP2 chip that allows high resolutions at higher frame rates -- up to 5.3K (5,312 x2,988 pixels) at 30 or 60 frames per second. It also has HyperSmooth 4.0, GoPro's highest level of image stabilization.

As with the Hero 9 Black, pricing is a little confusing for the Hero 10 Black. The camera is $550, which is more costly than the Hero 9's starting price. However, if you buy directly from GoPro.com and sign up for the GoPro subscription service -- which is included with the camera -- GoPro knocks $200 off, so it's $350 (a year of the service, which costs $50 a year or $5 a month, is included for free).

The subscription service gives you unlimited cloud backups at original quality, damaged camera replacement, discounts on GoPro accessories and gear and access to GoPro's premium live streaming platform.

Read our GoPro Hero 10 Black review.

David Carnoy/CNET

360 cams capture everything in a sphere around the camera, then later you can decide what you want to show -- and exactly how it's shown. For this type of camera, a lot of people like the GoPro Max, which is selling for around $430, but Insta360's One X2 is also impressive and some people prefer it to the GoPro.

Insta360 sells the newer and more affordable Go 2 ($300) and the earlier One R. The Snow Bundle includes a variety of mounts and accessories, everything from a chest mount to GoPro-style helmet mounts along with a pole mount. 

We have a couple of videos to give you an idea of the kind of footage Insta360 cams can produce. Former CNET Senior Video Producer Nic Henry reviewed both the Go 2 (you can find the video here) and the One X2 (you can find that video here).

Read more: Insta360 Go 2 hands-on

Joshua Goldman/CNET

We could have put the GoPro Hero 9 Black on this list. It costs $50 less than the Hero 10 Black, but the truth is, if you're considering the Hero 9, you might as well get the Hero 10. However, If you can do without that top-end resolution and front-facing screen, the older Hero 8 offers a decent amount of savings and remains a good choice. It still does 4K video at 60 fps, so it's no slouch and has come down from its original list price of $350 (it's now around $280). It was a CNET Editors' Choice Award winner two years ago.

Read more: Best action cams

David Carnoy/CNET

The Aleck 006 earpieces slip into your helmet and can be used as wireless headphones for listening to music or as a headset for making calls. They offer decent sound but what makes them even more useful is if you link multiple Aleck 006 together and set up what amounts to a walkie-talkie system among friends or family members.

With real-time GPS tracking in the Aleck Go app for iOS and Android, you can also map the location of everyone in your party.

David Carnoy/CNET

Helly Hansen's flagship $750 Elevation Infinity 2.0 technical shell jacket features the company's LIFA Infinity Pro technology, its new waterproof, windproof yet breathable material that it says is the "first to-market to be made entirely without added chemicals." Typically, waterproof jackets are chemically treated, but Helly Hansen says the Infinity's "everlasting water-repellent protection never needs to be reproofed with chemical treatment after use."

For a shell jacket it offers good flexibility and doesn't feel stiff. While it has a three-layer fabric construction and offers some warmth, it's not insulated so in very cold conditions you'd need to wear another jacket underneath it, like the Odin Lifaloft Hybrid ($400).

The Elevation Infinity 2.0 is available at Backcountry and comes in black, gray fog and orange (pictured) and, like other premium Helly ski jackets, also features its Life Pocket Plus, which uses Aerogel insulation to help keep your phone from getting too cold, thus preserving its battery.

David Carnoy/CNET

Helmets with integrated lens shields or goggles have become popular in Europe in recent years, and Giro makes one of the best ones with its Orbit helmet that also comes in a version for women called the Aria (it looks very similar but has different colored trim elements). While these types of helmets tend to be expensive, they're good for people who wear glasses or just like the convenience of eye protection integrated into a helmet design -- you can rotate the articulating "shield" up onto the helmet or tilt it down over your face. It's also worth noting that the large Vivid lens (with optics by Zeiss) provides a very wide field of view. 

Unlike some shields that have an open design at the bottom, this one has a foam liner and is designed to sit on your face like goggles, though the seal isn't quite as tight as a typical pair of goggles. There's good ventilation and the helmet is very comfortable to wear, with a Polartec "Power Grid" padded lining that helps with moisture management. Like many of Giro's helmets, this one also incorporates the company's custom Spherical MIPS (Multi-directional Impact Protection) technology. 

The included lens shield is designed to work well in a variety of conditions (it is replaceable for $125). It does a very good job staying fog-free on nonstorm days, but I can't guarantee that it won't fog at times on big snow days, which can be challenging for most goggles (particularly if you wear glasses or prescription lens inserts with your goggles). That said, it's an excellent helmet overall.

David Carnoy/CNET

The Marauder Elite is Spy's latest and greatest model of goggles that features 60% more venting over the similarly styled Spy Ace goggles (another highly vented model). That makes it "nearly impossible to fog," according to the company. They didn't fog on me during my limited testing, but I still need to put them through a wider variety of conditions to confirm that.

The goggles' lenses adhere magnetically and can be easily swapped out (two lenses are included). These are over-the-glasses, or OTG-type, that are suitable for use with RX eyeglasses and have subtle notches in the temples to allow your glasses to fit better. Like Spy's other premium goggles, these feature the company's Happy lens tech, which it says is "scientifically tuned to boost mood and alertness while optimizing color and contrast."

They're a nice pair of goggles and although they're expensive, Spy has been having trouble keeping them in stock.

David Carnoy/CNET

When your phone gets too cold its battery drains faster, and if it's really cold, it might shut off. That's where the Phoozy comes in.

A simple sleeve or "capsule" for smartphones, the Phoozy has a Chromium Thermal Barrier Shell and SpaceTech Penetration Layer, as well as a bit of velcro to keep it closed at the top. That will help keep your phone warm on extra cold days and help preserve battery life. It will also keep your phone from overheating.

Phoozy pouches now come in a few different versions and sizes and start at $30. Just make sure to get one that's big enough to hold your phone.

Atomic

Atomic's new Redster CTD helmet is pricey but has some cool features that may someday find their way into more helmets. Inspired by Atomic's pro racing helmets, this model has sensors that assess any damage after the helmet takes a hit. You get a report on your helmet's condition via the Atomic Shocksense app for iOS and Android. Also, if you slam into something hard enough and the helmet takes heavy damage, it will automatically send SOS alerts out to your emergency contacts. 

As far as protection goes, it's serious. Atomic says the Redster CTD's Atomic Multi-directional Impact Deflector (AMID) dual-density foam system absorbs shock from all angles to deliver 30% higher impact protection than International Ski Federation standards require. It's available in black, red and white.

David Carnoy/CNET

These glove liners are equipped with Seirus' Kinetic heat return system that it says amplifies your body heat 4 to 5 degrees and reflects it back to you for 20% more warmth. Of course, how warm your hands are will also depend on how warm the gloves are that go over these (they can be used as stand-alone gloves, but more for running in cold weather than skiing).

David Carnoy/CNET

After a day of shredding, your body will certainly appreciate a little percussion massage gun action. There are plenty of options available but we like the travel-friendly Theragun Mini because it won't weigh your luggage down too much and is a great little massage gun for $199 that's surprisingly powerful for its size.

Like the other new Theragun models, the Mini is equipped with Quiet Force technology that allows the device to run just as powerfully but much more quietly than the previous generation of Theraguns. The Theragun Mini has three speed settings, ranging from 1,750 rpm to 2,400 rpm, and the battery lasts for 150 minutes of continuous use. 

The one notable downside to the Theragun Mini is that it only comes with one attachment, the standard ball head. You could buy other Theragun attachments a la carte because the Mini is compatible with all the same attachments that come with other models, but that brings the price up.

Florian Breitenberger

Private lessons have gotten really expensive, so why not get a virtual one?

Carv is a digital ski coach that combines some hardware that you attach to your boots with an iOS app (Android coming soon) that delivers real-time feedback about how you're skiing.

I'm still waiting to try this out but have had friends use it and really like it. The software was updated to version 2.0 with some small hardware enhancements, including a more compact battery with the same battery life.

For better or worse (probably worse), Carv has moved toward a subscription model that makes the hardware less expensive (the original kit is now $149 instead of $349), but requires you to purchase an add-on subscription for $199 a year or $298 for a two-year plan. That's still a lot less than what a single full-day private lesson would cost you at most resorts -- at least in the US.

Sarah Tew/CNET

If you don't want to pay upward of $200 for a set of Smith I/O goggles, there are plenty of more affordable alternatives, including those from Colorado-based Glade, which prides itself on making goggles that offer similar or better performance than high-end models from other companies for a lot less.

The big deal is its Adapt goggles include a Photochromic Flux lens for $129. This is a lens that changes colors according to the lighting conditions you experience. In other words, it's the chameleon of lenses, and typically photochromatic goggles cost a lot more.

Sarah Tew/CNET

The Smith 4D MAG googles are the company's current top-of-the-line model and have seen a price increase from $280 to $320. They feature a wider field of view (25% wider than the I/O Mag, according to Smith) and a 5x antifog inner lens with AirEvac Integration Technology that helps reduce fogging. Changing the lenses is easy with the MAG system. Two levers release the lens, which adheres magnetically to the goggles. One low-light and one bright-light lens are included.

Sarah Tew/CNET

If you wear glasses, the $270 I/O MAG XL goggles are a good choice, albeit a fairly expensive one.

The MAG XL is Smith's MAG lens change system featuring -- you guessed it -- magnets that let you easily swap out lenses, as well as a 5x antifog inner lens with AirEvac Integration Technology that helps reduce fogging. They come with two lenses.

The Smith I/O MAG XL goggles come in several different ChromoPop lens colors.

Sarah Tew/CNET

Seirus' flagship HeatTouch Hellfire gloves are available for $450 for men or women. The gloves haven't changed for a few years, but the battery was upgraded last year to a more slimmed-down version with increased battery life.

At the low-heat setting you can get up to 12 hours of battery life, with medium pegged at around 8 hours and high at 4 hours.

It's also available in a mitten for $450.

Sarah Tew/CNET

In the past, I've highlighted Smith's Vantage helmet, which has a visor. The Code is more oriented toward snowboarders and free riders, but a lot of mainstream skiers like its streamlined look.

Smith didn't change anything in this year's model from last year's -- except for the color options. It packs in most of Smith's latest technologies. On the inside, instead of hard foam you'll find Koroyd inserts that, from the top, look like a honeycomb with circular (not hexagonal) cylinders. The high-tech material is made of lightweight, eco-friendly polymer extruded tubes that are thermally welded together to form a strong layer of protection that also allows for good airflow. (Smith has added other materials and design elements to the helmet and is calling the whole protection package Aerocore construction.)

Beyond the fancy padding, there's the BOA FS360 fit system (with a 360-degree halo design), which helps you get a snug, "custom" fit. And new this year: a Wayfinder strap system featuring Fidlock that's basically a quick-release magnetic system that makes it easier to open and close the strap.

The helmet only comes in a MIPS version, which offers increased protection. In a MIPS Brain Protection System, the shell and liner are separated by a low-friction layer that "allows the helmet to slide relative to the head."

David Carnoy/CNET

Giro says the "modern profile" of its Jackson helmet, which comes in multiple color options, utilizes the new Passive Aggressive Venting system that's "inspired by the aerodynamic airflow of high-end autos." Well, it's a good looking helmet and also pretty lightweight and comfortable while offering MIPS (Multi-directional Impact Protection) technology. 

It doesn't have the company's upgraded Spherical MIPS technology found in its Emerge helmet ($150), this model has Giro's Form 2 Fit system that allows you to dial in the fit of the helmet (it's similar to Smith's dial-in fit), which allowed me to get a more snug fit. The Emerge uses the company's Stash Fit system that allows you to remove or add layers of padding to customize your fit.

Both the Emerge and the Jackson are designed for maximum compatibility with Giro goggles but they work just fine with other goggles. 

David Carnoy/CNET

Giro makes a couple of goggles in the $150 range, including the Method and Article. It describes the Method as having a "bold retro style" that's been advanced with "the most modern technology." It's a comfortable goggle with a wide field of view and good venting that helps keep the goggles fog-free in most conditions (I haven't met a goggle that's truly fog-free in all conditions).

Like the more rounded Article goggles ($170), the Method uses Giro's Vivid lens with optics by Zeiss and a second lens is included. The Method is available in a few different color options. 

Beringia

If you're looking for the ultimate Merino wool base layers, these tops and bottoms from Beringia may just be it. Diomede is Beringia's proprietary fabric "that seamlessly knits multiple layers of fabric into one ultrastretchy waffle." Real-world translation: The fabric is thin, lightweight and comfortable but also warm. The only downside is that tops ($150) and bottoms ($175) are quite expensive and there's no deal if you buy both together, although you can get 15% off with your first purchase.

Beringia Diomede base layers are available in a few color options and three sizes, as well as women's versions. The top also comes with a snorkel hoodie for $25 more. 

David Carnoy/CNET

Constructed from Grilamid, a lightweight but very durable frame material, the Spy Helm Tech sunglasses are a modern take on glacier sunglasses that includes removable side shields so you can block both the sun and all the "haters" at the same time, according to the company (they turn into standard wayfarer sunglasses without the side shields).

The sunglasses have hidden sweat channels in both the nose pads and inner temples for breathability and feature the company's Happy Tech lens tech that it says is "scientifically tuned to boost mood and alertness while enhancing color and contrast."

True or not, I will say they fit comfortably, the optics were very good and I was indeed happy using them.

David Carnoy/CNET

Most new phones, including the iPhone 13 models, offer a decent level of water resistance. But if you want some added protection, Lifeproof still sells its waterproof and shockproof Fre case -- and the latest version is built for MagSafe accessories. 

The Fre case is also available for some Samsung Galaxy models but that version doesn't feature MagSafe, a feature that adds $10 to the case.

David Carnoy/CNET

You don't want your phone to go dead on the mountain, so it's always good to pack a battery pack.

MyCharge calls its new line of magnetic power banks Superhero Mag-Lock, implying that they're real saviors. I was impressed by their design. Not only do the batteries, which come in various capacities, have strong magnets and stick really well to the back of your iPhone 12 or 13, but they have raised coils, which are supposed to help with reducing heat levels while charging. It does seem to work.

The 3,000-mAh battery is lightweight and slim and is nice to have around for some emergency charging. However, it won't get you a full charge, so you'll probably want to step up to one of the higher-capacity options like the 6,000-mAh model that retails for $60 but is currently being discounted to $36. The 9,000-mAh version is beefy and feels like your phone is attached to a small brick (the battery and phone do fit in your hand nicely but the combo certainly isn't pocket-friendly).

All the Mag-Lock batteries charge Qi-enabled iPhones at 5W, although you can get faster charging if you go wired and use a USB-C to Lightning cable. I also liked how there's a chime when the charging starts and your phone tells you how much juice is left in the battery pack (it's tied into iOS 15). You can wirelessly charge Android devices as well, but the Mag-Lock won't stick unless you have a metal ring on the back of your phone's case. Stick-on rings are available for sale.

The MyCharge SuperHero Mag-Lock is available in a few color options and has a nice glossy finish. It currently is the best-designed magnetic power bank -- better even than Apple's.

Ibex

Ibex, which is known for its high-tech merino wool garments, describes its Wool Aire Hoodie as having "backcountry performance with frontcountry style." Available in a few colors and both men's and women's options, it's a puffy jacket that's not all that puffy but is lightweight, comfortable (it has some stretch to it) and can be used as either a midlayer on cold days or outer layer on not-so-cold days.

It's constructed of eco-friendly Bluesign-certified materials and is wind- and water-resistant. Also worth noting: It packs up into its chest pocket, which makes it travel-friendly.

David Carnoy/CNET

Bollé's Torus goggles come in a version with a standard lens for around $120 (or less), but I tried the step-up version with the company's high-contrast Volt lens, which is harder to find in stock. You get one lens with these goggles, but the Ice Blue Cat 3 lens (with a pink base tint) offers some flexibility in terms of what lighting conditions you can use it with. The goggles offer a wide field of view and good ventilation. 

Amazon

Biolite has a new line of portable batteries that offer USB-C PD fast-charging (up to 18W) along with two additional USB-A ports so you can charge a couple of phones at the same time, albeit at slower speeds. There are three sizes available -- 6,000-mAh, 10,000-mAh and 20,000-mAh -- but the 6,000-mAh version (pictured on right) is probably best for skiers because it's slim, relatively lightweight and fits easily in a pocket. To charge iPhones at 18W speeds, you'll need to bring your own USB-C-to-Lightning cable to the charging party (the latest iPhones include that cable). 

Although Biolite says its powerbanks are "durable," they don't have a water-resistance rating. That said, they should survive a drop in the snow just fine.

Sarah Tew/CNET

Zeal goggles have excellent optics and a wide field of view, and many feature the company's Rail Lock System that makes the lenses easy to change and the goggles easy to vent when you're in hiking mode.

The base models with standard lenses are pretty affordable, ranging from $129 to $159. Things get more expensive when you move to the Automatic Plus GB lens, which is photochromic and changes quickly with the lighting and works in any conditions. Add that Automatic Plus lens and the price goes up to $279.

I like the Portal XL (on right), which also starts at $249 for the standard two-lens option. It has the widest field of view and is an OTG type that allows you to wear glasses.

The Hemisphere, starting at $129, has a spherical frame with upper and lower ventilation and triple-layer face foam and is available in a variety of lens options. It doesn't have the RLS system, but the lens quality is quite good for the price.

David Carnoy/CNET

The Jaybird Vista 2 sports buds feature a similar design to the original Vista buds but have a couple of key upgrades: active noise canceling and a transparency mode called SurroundSense that allows you to hear the outside world, an important safety feature for skiers as well as runners and bikers. 

The Vista 2 buds have an IPX68 water resistance rating, which means they're both dust-proof and fully waterproof. Jaybird says they're also sweat-proof, crush-proof and drop-proof. And the compact case is now splash-proof and dust-resistant, with an IP54 rating.

They sound quite good once you tweak the EQ settings to your liking, but in sound quality they're not quite up to the level of some other premium earbuds. Their noise-canceling, transparency mode and voice calling are decent though unspectacular (the Beats Fit Pro performs better in all departments). But if you're buying these, you're buying them for the secure fit and durability.

Sarah Tew/CNET

This is Smith's goggles-sunglasses hybrid, the Wildcat ($200). Constructed with the same materials used in Smith goggles, the Wildcat glasses provide lots of eye coverage and good airflow but have the comfort of a more lightweight pair of sunglasses. The Wildcat sunglasses come with a bright-light ChromaPop lens and a secondary clear lens for flat-light overcast days and are available in three color options.

Amazon

This product comes at the recommendation of CNET editor Justin Jaffe, who lives in New England. He writes:

"As Covid surged again this winter, I've taken up alpine touring: skinning up a mountain and skiing down. The benefits are considerable -- you can often get by without a lift pass and it delivers a much more rewarding cardio workout than pure downhill skiing. This highly adjustable USWE backpack has become an essential tool for me, providing the right amount of space for gear as well as an insulated water bladder that has never once frozen up. And there is a strap and pocket for everything, from goggles to helmet to skis. Highly recommended."

Sarah Tew/CNET

You'd think that more companies would have made Bluetooth headphones that slip inside your helmet, but Outdoor Technology is one of the few that does (some Chinese companies like Outdoor Master have gotten in on the game in the last couple of years). Their appeal has waned now that true wireless earbuds have come along, but they're still available at a discounted price, around $90.

How it works is you charge up the Chips and slide them into the earflaps on your helmet (they should work with most helmets). You want to make sure that no excess padding in your helmet is covering the Chips or else they'll get muffled and you'll lose some volume; you want them as close to your ears as possible.

The Chips 2.0 have a walkie-talkie feature that allows you to communicate with friends who are also using Chips 2.0 headphones. You create a group using the ODT Walkie-Talkie app and talk over the cell network, which means the only limit on distance is whether you're getting a phone signal. Up to 99 people can be in your private group.

I thought the sound quality was decent for Bluetooth but not great. That said, it's nice to be able to stick your helmet on and have the headphones built in with no wires to worry about. Battery life is rated at 10 hours, and the Chips are sweat- and water-resistant but not waterproof.

Outdoor Technology also sells the Chips Ultra, a true-wireless version of the Chips that costs significantly more (about $163). I don't think the Ultras are worth the money.

David Carnoy/CNET

You never know when you might need to hang up some gear, which is where the Heroclip comes in. Available in a few different sizes and colors, this souped-up rotating carabiner hook clip costs around $23.

Garmin

The original Garmin inReach Mini has been one of the more popular satellite communication devices with backcountry skiers. The new inReach Mini 2 has the same compact, lightweight form factor but adds additional features, including a more energy-efficient processor that greatly improves battery life (now up to 14 days of battery life, using default 10-minute tracking, and your location is sent to your MapShare page for friends and family to view), a higher resolution display and user interface, as well as compatibility with Garmin's Explore app and some new navigation features.

Garmin says that while most users will interact via their phones or paired Garmin devices, you can still send a check-in, read incoming messages, and reply with either a pre-canned QuickText or write a custom message from the device itself. 

You do need an active satellite subscription to use the inReach Mini 2 with basic annual plans starting at $11.95 a month or $14.95 for a single month subscription. 

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Is the Crypto Market Bouncing Back? Here's What You Need to Know

Is the Crypto Market Bouncing Back? Here's What You Need to Know

This story is part of Power Money Moves, CNET's coverage of smart money decisions for today's changing world.

In July, the cryptocurrency market bounced back to a $1 trillion market capitalization (the total dollar market value of crypto today) for the first time in recent months. But while the market looks healthier than just a couple of weeks ago, it's still far from last November's peak, which reached $3 trillion. In an economy with high inflation and recession risks looming, is crypto still a worthy investment?

After bullish highs in 2021, cryptocurrency dropped to pessimistic lows this year, tumbling into bear market territory which investors are dubbing another "crypto winter." The $2 trillion crypto market crash wiped out investor gains, cost thousands of people their jobs and obliterated once staple digital currencies, including the crypto token luna, which lost all of its value following stablecointerraUSD's collapse in May. 

While crypto is starting to trend upward, volatile highs and lows are nothing new in the crypto markets -- and skeptics have long characterized crypto as an empty bubble destined to burst. Critics have called bitcoin, stablecoins and NFTs simply a new digital version of an old con primed to swindle and scam. But investors see the world of digital coinage as a step forward, a kind of "Money 2.0" that will democratize finance and power the metaverse. Amid the seesawing prices and teetering sentiments, one thing hasn't changed: Cryptocurrency remains controversial, risky and wildly volatile. 

Read more: The World's Biggest NFT Festival vs. the Crypto Crash of 2022

In simple terms, cryptocurrency is a digital token, ownership of which is recorded on a blockchain, a distributed software ledger that no one controls. This is designed to make it more secure, in theory. bitcoin and ethereum are the two most widely known cryptocurrencies, but more than 18,000 tokens are traded under different names (dogecoin is one famous example). 

Despite gyrating prices and a relative lack of regulation, cryptocurrency is seen by many as the next financial frontier. Developments like President Joe Biden's desire to explore a digital US dollar to multimillion-dollar Super Bowl ads underscore a growing desire from powerful government and corporate institutions to quickly legitimize crypto in much the same way as stocks and bonds.

But it's worth considering whether cryptocurrency is a smart investment for you... especially in light of the current downturn and the ever-present potential for a major crash (in crypto and the US economy, generally).

"Cryptocurrency is one of those categories of investing that doesn't have those traditional investor protections," said Gerri Walsh, senior vice president of investor education at the Financial Industry Regulatory Authority. "They're outside the realm of securities trading. It's an area that's in flux, as far as regulations go."

Professionals caution that investors shouldn't put more than they can afford to lose into crypto, which offers few safeguards, plenty of pitfalls and a spotty track record. If you're thinking about adding crypto to your portfolio, here are five key questions to consider before you begin.

What are the risks of investing in crypto?

Before investing in crypto, you should know there's almost no protection for crypto investors. And since this virtual currency is extremely volatile and driven by hype, that's a problem. It's easy to get caught up in tweets, TikToks and YouTube videos touting the latest coin -- but the adrenaline rush of a market spike can easily be washed away with a dramatic crash.

You should be on the lookout for crypto scams. One often-used scheme is a pump and dump, in which scammers encourage people to buy a certain token, causing its value to rise. When it does, the scammers sell out, often pushing the price down for everyone else. These scams are prominent, and they took in more than $2.8 billion in crypto in 2021.

From the US government's current policy perspective, you're on your own. At this time, the government provides no deposit protection for crypto as it does for bank accounts. This may change following Biden's March executive order, which directed government agencies to investigate the risks and potential benefits of digital assets.

So far as we can tell, only one company offers crypto insurance: Breach Insurance, with a Crypto Shield offering that promises to cover your accounts from hacks. Other companies, such as Coincover, provide theft protection, which alerts you if there's suspicious activity on your account. Coincover maintains an insurance-backed guarantee that if its technology fails, it will pay you back up to the amount you're eligible for, which depends on the level of protection the wallet you use offers. (Neither Coincover nor Breach Insurance will cover you against scams.)

Despite all the hype, scams, periodic crashes (and persistent risks) in this market, Cesare Fracassi, who runs the Blockchain Initiative at the University of Texas, Austin, still thinks crypto has a viable future.

"I think crypto holds a possible solution to some of the problems of the traditional financial sector," Fracassi said. "The current, traditional financial system is noninclusive, it's slow and expensive and incumbents, including large banks and financial institutions, basically have a lot of control. I think crypto is a venue through which you can actually break the system."

How do I start investing in cryptocurrency?

If you're considering buying crypto now, as prices have dipped, it's worth noting that there's no guarantee the market will recover. But the simplest way to get your feet wet with crypto investments is to use US dollars to buy a cryptocurrency using a popular exchange like Coinbase, Binance or FTX. A handful of well-known payment apps — including Venmo, PayPal and Cash App — will let you buy and sell cryptocurrency, though they generally have limited functionality and higher fees. 

Whether you're using Coinbase, Binance, Venmo or PayPal, you'll be required to provide some sensitive personal and financial information... including an official form of identification. (So much for bitcoin's reputation for anonymous transactions.) 

Once your account is set up, it's simple to transfer money into it from your bank. And the barrier to entry is quite low: The minimum trade amount is $2 on Coinbase and $15 on Binance.

Read more: Best Bitcoin and Crypto Wallets for 2022

What percentage of my portfolio should be in crypto?

Crypto is so new, there isn't enough data yet to decide how much of your portfolio "should" be in cryptocurrency, according to Fracassi.

"We need decades of returns in order to understand whether a specific asset is good in a portfolio," Fracassi said. "We know that on average stocks return about 6% more than bonds. That's because we've had 60 to 100 years to see the average returns on stocks and bonds."

Like all investment decisions, how much you pour into crypto will depend on your risk tolerance. But investment professionals suggest that investors keep their exposure low, even for those who are all in on the technology. Anjali Jariwala, a certified financial planner and founder of Fit Advisors, recommends that clients allocate no more than 3% of their portfolio to crypto.

If I make money on crypto trades, do I have to pay taxes?

Yes. Whether you're buying, selling or exchanging crypto, the IRS wants to know about it. Your tax liability depends on your particular situation, but crypto investments are broadly treated like other investments, including stocks and bonds. 

You don't need to report crypto on your tax return if you didn't sell or exchange it for another type of crypto. Buying and holding also doesn't need to be reported. If you did sell or exchange crypto, though, you'll need to report any gains or losses realized, just like you would for stocks and bonds. 

Adding crypto trades won't make your tax return any easier. But popular tax software like TurboTax, CoinTracker and Koinly now connect with wallets and exchanges to automatically track your cryptocurrency holdings, sales and transfers.

Is there a way to learn about crypto without investing in the currencies themselves?

Buying tokens is the most straightforward approach to experimenting with cryptocurrencies. But other opportunities exist for exploring the crypto world while potentially protecting your money from seesawing swings. 

Here are a handful of alternatives:

Buy shares of crypto companies. Many companies in the crypto space are publicly traded. Buying shares of Coinbase Global or PayPal Holdings rather than of the coin itself allows you to benefit from the business proceeds of these companies, which are in part generated by crypto. You can also buy shares of companies that make crypto-related hardware, such as Nvidia and AMD.

Invest in crypto ETFs or derivatives.Specialized exchange-traded funds, or ETFs, are available for crypto. ETFs are baskets of securities, such as stocks, commodities and bonds, that follow an index or sector, in this case, crypto. Futures and options are also available for some crypto products, though these advanced types of investment vehicles come with their risks.

Get a job in crypto.LinkedIn, Indeed and Monster list thousands of jobs in crypto. Whether you've got a traditional finance background or you're a software engineer, there's a boom in the blockchain labor market. There's also Cryptocurrency Jobs, a job board dedicated to blockchain careers.

Whether you'll plunge into crypto waters is ultimately up to you, but bear in mind it isn't the only place to start your investing journey. And beyond crypto, there are other digital assets to consider, too, including NFTs. But if you do take the plunge, be sure to invest in a good wallet to keep your digital currency safe.

Read more: Air Travel Is More Expensive in 2022: Here Are Smart Ways to Save Money When You Fly 

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

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Buying an iPhone 11 in 2022 Might Make Sense for You

Buying an iPhone 11 in 2022 Might Make Sense for You

Since the debut of the iPhone 11 in 2019, we've since seen the debut of the iPhone 13 and iPhone 12. And in a few days, we're likely to see the debut of the iPhone 14 at Apple's next event on Sept. 7. The iPhone 11 may be over two years old, but it might still be a good choice, especially since Apple discounted it to $499 last year. While we recommend that you wait for the next Apple event before buying any iPhone at all, especially since prices for current iPhone models will likely decrease afterward, the iPhone 11 does have a lot to like as a phone that's under $500.

For instance, do you mind using an iPhone that feels a bit dated? Or do you think saving several hundred dollars is more important than carrying the latest phone? What about 5G -- how important is that to you? If you're shopping on a budget, the iPhone 11 is still a great choice. Although you'll be missing out on some newer features, the iPhone 11 gives you all the basics you'd want from an iPhone, including battery life that's on par with the iPhone 12, a great dual-lens camera that includes night mode and a processor that's still fast enough for everyday tasks. 

Read more: Here's how the iPhone 11 compares to the iPhone 12 and how the iPhone 13 compares to the iPhone 12.

But if you have some wiggle room in your budget, here are some questions to ask yourself. (For the purposes of this article, I'm going to assume that you are currently using an iPhone.) And if you're still mulling over your decision after that, here's how the iPhone 13 compares to the last five years of iPhones as well as our list of the best iPhones. Plus, check out all the differences between the iPhone 11, 11 Pro and 11 Pro Max.

5G connectivity: iPhone 11 doesn't have 5G. But do you really need it right now?

One of the iPhone 11's biggest missing features compared to the iPhone 13 and iPhone 12 is 5G connectivity. The iPhone 11 is an LTE-only device, and if you don't care for the next-gen wireless tech just yet (service is patchy in the US after all), then the iPhone 11 should suit you just fine. Remember that 5G debuted on the iPhone 12 lineup and getting access to faster bands of 5G depends on where you live, so going for the iPhone 12 makes your purchase more future-proof. 

Angela Lang/CNET

Display quality: You won't get a 120Hz refresh rate on an iPhone 11 (or iPhone 12)

The iPhone 11 uses a crisp LCD screen that refreshes at 60 frames per second, or 60Hz. Apple traded up in the iPhone 12, equipping it with an OLED screen, though it kept the display at 60Hz just like most phones. OLEDs are typically more vibrant than their LCD counterparts, with richer contrast and inkier blacks. If you watch a lot of videos on your iPhone and want a superior viewing experience, an OLED screen might make more sense for you. The iPhone 13 also boasts an OLED panel too, though Apple bumped up the refresh rate for the Pro models to 120Hz. The faster refresh rate will translate to smoother, snappier scrolling through apps and websites. 

Apple's Wallet app will be able to store driver's licenses in iOS 15. 

Screenshot by CNET

Software support: How long will the iPhone 11 get iOS software updates? 

Apple's latest operating system, iOS 15, is supported on many older iPhones, and the oldest is the 2015 iPhone 6S (Here's how to download the new OS, but you may want to wait.) Based on that and some quick mental math, we can deduce that Apple plans to provide iPhone support for up to six years from launch. As a result, with the iPhone 11, unveiled in 2019, you can rest comfortably knowing that you can expect updates through 2025. 

Read more: iOS 15's biggest new features: FaceTime, Apple Wallet and Notifications get new tricks

Durability and water resistance: How durable do you want your iPhone to be?

If you do opt for the iPhone 11, you will miss out on a few durability features that are available on the newer iPhone models. One of the iPhone 12's big improvements is the material of its display. Apple calls it "ceramic shield" glass. Made by Corning, the ceramic shield glass covering the phone's display is apparently harder than most metals. Indeed, we can confirm that the iPhone 12's ceramic shield is tough. Our iPhone 12 drop tests show it protected the hardware from drops as high as 9 feet. (CNET's iPhone 12 Mini drop tests yielded similar results.) The iPhone 13 also has the same ceramic shield glass on its display.

So if you're a big klutz and are prone to slips and drops, springing for the iPhone 13 or iPhone 12 is a wise move (or just get a really nice iPhone case). Keep in mind, the iPhone 11 isn't a delicate darling, either. It also survived CNET's drop and water tests and earned a CNET Editors' Choice Award. You can read our iPhone 11 review for more details. 

Read more: Farewell iPhone case: The case for the caseless phone

Price and budget: How much do you want to spend on an iPhone?

As I said earlier, Apple is selling the nearly two-year-old iPhone 11 for $300 less now than when it first launched, making it a great choice for those shopping on a budget. But, as also mentioned previously, the iPhone 11 could become even cheaper once Apple debuts its 2022 line of iPhone models. Also of note, the current iPhone 12 and 12 Mini might come down in price and hit that $499 level, as typically Apple lowers the price of existing iPhone models once the newest model goes on sale.

It's also worth considering carrier deals from Verizon, T-Mobile and AT&T, all of which may subsidize the price of an iPhone in exchange for committing to a cellular service plan. Last year the three companies offered hundreds of dollars off with those contracts, and possibly pay off the phone entirely with a device trade-in. Just keep in mind that there are plenty of caveats to those deals, like commitments ranging from 24 to 36 months.

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Apple's getting ready for a Sept. 7 event , which is very likely to be the moment we learn about the company's next iPhone line. 

The newest version, expected to be called the iPhone 14, is rumored to include an always-on display similar to what's on the Apple Watch now, allowing for constant glanceable information without ruining battery life.

Apple hasn't really said what it plans to announce at its event, only sending out a cryptic invitation to the press, with an Apple logo seemingly set in a night sky, suggesting potential camera improvements or last year's rumored satellite emergency calling. The image looks like something we might see from the James Webb Space Telescope, whose stunning photos have already begun changing how we view the cosmos since first being released earlier this summer. In its announcement, Apple included the teaser words "Far out." 

Read more: Apple Makes 'Far Out' iPhone Launch Event Official For Sept. 7

The iPhone 14 launch will also mark the 15th year since the original iPhone's debut, in June of 2007. Back then, the device wasn't the sure hit it is today. Many tech industry watchers were enthusiastic about Apple's prospects of course, but it hadn't proven it can build reliable phone technology before then. It was also up against massive competitors such as Microsoft, Palm and Research in Motion, whose Blackberry devices ruled the business world at the time. Within a decade though, Apple -- as well as Google's popular Android software -- had bested all three companies.

While the iPhone will be a key product we see at Apple's event this year, and likely what most people focus their attention on, the company's expected to hold other events later this year with other devices to show off. Those include new Mac computers with upgraded chips and new iPads.

Read more: Everything We Know So Far About the iPhone 14

When is the Apple event?

Apple's online-only event will be Sept. 7 at 10 a.m. PT, which is 1 p.m. ET, 6 p.m. BST and 3 a.m. AEST. (Sorry, Australia.) Here's a handy time zone converter to help find what time it'll be where you are.

Where can I watch Apple's livestream?

You'll be able to stream Apple's event straight from the company's website. Meanwhile, we'll be reporting on the event live here at CNET.

What can we expect, besides the iPhone 14 launch?

Apple's digital events are fast paced and slickly produced. And even though Apple's now trying its hand at in-person events again as coronavirus pandemic-era health concerns slowly recede, the company still seems to be applying what it's learned about how to make its events more compelling. During its last event, the Worldwide Developers Conference (WWDC) in June, Apple held a livestream but then offered in-person demos for the press afterward. 

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