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There is a legitimate opportunity for a home-based business

There is a legitimate opportunity for a home-based business,

There is a legitimate opportunity for a home-based business, and here are the five ways to make your decision.

ecosystem for entrepreneurs

When embarking on the journey of starting a home-based business, it is crucial to keep in mind the five W’s – who, what, when, where, and why. These fundamental questions can effectively guide the determination of the specific aspect of the opportunity to pursue and identify the essential requirements to get the business off the ground. By conscientiously considering and addressing these facets, the process can be considerably less daunting and more streamlined, ultimately paving the way for a smoother and more successful entrepreneurial venture.

WHY

Having a clear understanding of why you want to find a good home-based business is the first step. Is it all about the money? Are you planning to quit your job to make more money? Maybe you want to have more free time to spend with your loved ones and friends. Or are you unable to go to work because of a disability or serious illness?

The answers to these questions can help you gain a more in-depth comprehension of the factors that motivate you to pursue this particular chosen line of work. Jumping across a gorge is not something that you do merely for the purpose of jumping. It’s usually because you have to get to the opposite side of the situation. Focus is created when you become aware of the reasons for your search for a real opportunity to run a business from home.

WHAT

In light of the fact that you are seeking for a real home-based business opportunity, this line of inquiry may appear to be absurd; yet, do you intend to go to clients or customers for any aspect of your firm? In order to meet with or provide service to clients or consumers, do you intend to establish a specific radius? Or are you planning to communicate with people all over the world? Through the use of the internet, you will undoubtedly be able to accomplish your goal. This is of the utmost importance when it comes to establishing and keeping your lawful home-based business opportunity going.

TO WHOM

Who is the target audience for the items and services that you offer through your legitimate home-based company model? There is a wide range of potential target groups, including children, men, women, families, and corporations. For the purpose of conducting research on your audience in your region, it is imperative that you question who. Does a big portion of your target audience reside in an area that is geographically remote, generic, or global? In the event that your lawful home-based business opportunity makes use of the internet, then any and all of the aforementioned individuals constitute your target audience. Both marketing and sales rely heavily on this.

WHAT IS IT?

The aspect of a reputable home-based company opportunity that most piques your interest is just which one? Is it the actual marketing and sales of the product that you find more enjoyable, or is it the process of developing a thing by hand? Some aspects of running a business are fun, and it is in these areas that you will flourish. Then there are those who cause conflict. It is helpful to be aware of both your talents and limitations in order to better prepare yourself for the positive and negative aspects of operating a reputable home-based business opportunity.

IT IS WHAT

Specifically, what type of legal home business are you interested in? Do you want to work in wholesale or online business? You could consider offering services like tutoring or sewing. Affiliate marketing is a great option for a home business. Figure out what you really want to do for your home business.

These five categories are simple but have a big impact on how you set up your legal home-based business. You need to have the right answers to make the best business decisions for success and satisfaction. If you start selling car parts online but hate working on cars, you won’t be happy doing it every day. Before transitioning to a good home-based business, make sure you know why you’re doing it, have a goal in mind, and understand what you enjoy. This way, your decision to start a good home-based business will be very worthwhile and last longer.

There is a legitimate opportunity for a home-based business

Tim Moseley

Trad-Fi Wants To Dominate Crypto Is It succeeding? What Does It Mean For Crypto?

Trad-Fi Wants To Dominate Crypto. Is It succeeding? What Does It Mean For Crypto?

Charles Hoskinson, the founder of Cardano, is a prominent figure in the cryptocurrency industry and is known for his unwavering belief in its potential to revolutionize the financial system, much like Markethive. Throughout the years, I have documented the evolution of Cardano creator Charles Hoskinson's efforts in developing the Cardano protocol and his humanitarian quest. 

In a recent video, Hoskinson expressed his concern that the traditional financial system is slowly but surely taking over the crypto industry, a notion that has sparked a heated debate among experts. While cryptocurrency's original intention was to supplant traditional financial systems, some fear that if it continues on its current path, it may ultimately become even more dystopian than any central bank digital currency.

In a live video broadcast on February 13, 2024, Charles passionately shared his thoughts on the intersection of legacy finance and the crypto world, titled "Legacy is Eating Crypto." This article summarizes Charles' insights, supplemented by perspectives from Coin Bureau's crypto experts. We will also explore ways in which the crypto industry can safeguard itself from being overtaken by traditional financial institutions, commonly referred to as "Trad-Fi."

Stablecoins

Charles started by mentioning that he has been discussing the significance of decentralized algorithmic stablecoins in various recent interviews and how they differ from centralized asset-backed stablecoins, which he believes could threaten the cryptocurrency industry. 

A stablecoin that relies on algorithms to maintain its value relative to a traditional currency is known as an algorithmic stablecoin. The most well-known example of such a stablecoin is Terra's UST, which suffered a collapse around May of 2022. However, Charles had a different type of algorithmic stablecoin in mind; he was referring to a stablecoin that is backed by another cryptocurrency, such as MakerDAO’s DAI, which can be minted by locking up another crypto as collateral, such as ETH. 

The issue is that DAI may not be genuinely decentralized anymore, as it is now primarily backed by centralized assets. This makes it similar to other centralized stablecoins, such as Circle’s USDC and USDT, which Charles categorizes as asset-backed. Like USDC and USDT, DAI's value is supported by real-world assets, specifically US government debt and US dollars, which are susceptible to seizure.

For context, Charles shared some key facts. Firstly, he mentioned that centralized stablecoins constitute approximately 10% of the total market capitalization of cryptocurrencies. While this may not seem significant initially, it becomes notable when considering the second statistic: about 70% of all cryptocurrency transaction volume involves a centralized stablecoin. Charles emphasized that centralized stablecoins such as USDC and USDT are minted and redeemed by centralized companies that are typically subject to strict regulations. He explained that while these regulations are not inherently harmful, they imply that these entities are under government oversight, unlike cryptocurrencies.

Moreover, these entities are restricted in their ability to drive innovation in stablecoins, as they must operate within the boundaries of regulatory compliance. Additionally, they cannot issue stablecoins in a fractionalized manner, meaning that an equivalent value of US dollars or bonds must fully back each stablecoin in circulation. This poses a significant challenge, as it enables centralized stablecoin issuers to potentially influence the outcome of a hard fork by deciding which chain becomes the dominant one.


Source: Investopedia

In other words, they would have to select which chain to transfer all their stablecoins to, as doubling the supply isn't an option. Interestingly, Vitalik Buterin, the creator of Ethereum, acknowledged this reality in 2022. He opined that Circle, the issuer of USDC, could dictate which chain emerges victorious in the event of an Ethereum fork.  It is worth mentioning that Cardano is not exposed to this threat since it does not currently support any centralized stablecoins. 

Bitcoin ETFs

Charles then pointed out the possibility of centralized stablecoin issuers implementing KYC at the blockchain level. He also highlighted criticisms regarding the absence of centralized stablecoins on the Cardano blockchain. Charles emphasized that those advocating for centralized stablecoins on Cardano without considering the associated risks are solely focused on increasing the value of the ADA token.  He also drew parallels to the situation with spot Bitcoin ETFs, highlighting that these ETFs now hold over 200,000 BTC valued at over $10 billion, and argued that asset managers operating these ETFs wield a similar level of influence over Bitcoin as Circle does over select smart contract cryptocurrencies.

This stance is both intriguing and controversial. On the one hand, it suggests that the forecast about Circle's rise to prominence in cryptocurrency is materializing. On the other hand, there is room for debate as asserting control over Bitcoin involves more than just influencing its price.  While Charles posits that the growth of spot Bitcoin ETFs could allow them to control Bitcoin in the event of a fork, this argument is not without its critics. Some argue that controlling Bitcoin requires more than just price manipulation. However, Charles suggested that with the ongoing absorption of BTC by spot Bitcoin ETFs, there is a possibility for these entities to amass enough control to potentially dominate Bitcoin in case of a fork.

For reference, in its ETF filing, BlackRock clearly mentioned that it would decide which Bitcoin fork to back in the event of one. Consider a situation where Bitcoin splits into proof-of-stake and proof-of-work networks. The likelihood is high that BlackRock and other asset managers would choose to support the proof-of-stake fork because their significant BTC holdings would essentially give them control over the new Bitcoin blockchain through their spot ETFs.

The irony is that ESG-obsessed asset managers are more concerned about the government's control over Bitcoin rather than its environmental impact. While proof of stake is praised for its eco-friendliness, the control aspect truly holds significance. Moreover, asset managers like BlackRock could offload their proof-of-work BTC holdings after a fork, causing the price to plummet and making it unprofitable for miners to continue validating transactions. This could ultimately lead to the demise of the proof-of-work chain.


Source: Coinmarketcap

Charles emphasized that the dominance in the crypto industry lies not only with stablecoin issuers and asset managers but also with centralized exchanges where the top three control the majority of trading volume. According to Charles, there are just ten entities that have the potential to control the crypto market.  However, considering Blackrock's partnership with Coinbase and its management of USDC's reserves, it's likely that the number of entities with such control is even smaller. Furthermore, Blackrock's influence extends to the US government, as evidenced by a recent lawsuit settlement with Binance granting it extensive oversight over the exchange.

In any event, Charles proceeded to make an intriguing statement, highlighting that if you ignore the advice of these organizations, they will not add your cryptocurrency to their list, and they will not introduce a stablecoin on your blockchain. This brings up the question of whether this is the reason Cardano lacks a centralized stablecoin – due to their unwillingness to adhere to such requirements.

Cardano

Charles noted that Cardano has successfully avoided being controlled by centralized stablecoin issuers and their associates, which has led to it being overlooked and undervalued. He pointed out an explicit prejudice against Cardano within certain industry circles. Charles reiterated that many in the Cardano community are growing impatient with ADA's price action and are “trying to invite the vampires in so that ADA's price will pump.” 

Charles expressed that it's not his place to make a decision, but he felt others needed to understand the implications of their choices. He emphasized that if vampires are allowed to enter, they will eventually hold power over everything related to Cardano. However, he also suggested that ADA could be delisted if it doesn't meet the standards of trad-fi-backed crypto elites. Charles stressed that every decision in crypto comes with a trade-off; nothing is free. He posed the question of whether the purpose of crypto is to perpetuate existing inequalities or to stop them.

He questioned whether the goal of cryptocurrency was to conform to the institutions responsible for economic disparity or to break free from their control. To emphasize his point, he noted that increasing centralization in crypto mirrors the corrupt financial system it seeks to challenge, encompassing centralized infrastructure, centralized exchanges, and centralized stablecoins. Eventually, there will be wallet-wide KYC and CBDC integrations. 

During a podcast with Bankless, Circle CEO Jeremy Allaire indirectly acknowledged that Circle's USDC ultimately aims to evolve into a central bank digital currency (CBDC). As you may already know, CBDCs will give governments and central banks complete authority over individual saving and spending habits. In fact, some argue that stablecoin issuers already wield such power.

The end result of this shift towards centralization will be identical to the permission systems and de-platforming present in the financial sector today. One needs to look no further than the COVID-19 protests in Canada for proof of this. Protesters and their supporters found their bank accounts frozen. Charles emphasized that cryptocurrency will become inconsequential if it integrates with trad-fi and that they will do everything in their power to ensure that it does, whether by influencing regulations or using other means.

Finally, Charles explained that Satoshi Nakamoto's motivation for creating Bitcoin was a response to the extraordinary measures taken during the 2008 financial crisis and the concerning precedents they established. Satoshi believed that cryptocurrency could offer a unique alternative, but first, it's essential to recognize how it's still mirroring the same patterns as traditional finance. Unfortunately, Charles did not elaborate on how cryptocurrency could diverge from these patterns, whether through algorithmic stablecoins or other means, to avoid falling under the control of traditional financial systems.

Why BTC Could Be Unscathed

Thankfully, the task is relatively simple, although implementing it will be challenging and involve tradeoffs, as Charles pointed out. Your viewpoint will ultimately determine the approach. To elaborate, let's revisit the premise of Charles's video, which suggests that ‘legacy’ or trad-fi is ‘eating’ or integrating cryptocurrency rather than vice versa. Some believe that incorporating crypto, to some extent, is crucial for promoting awareness, acceptance, and progress in the field.

The current state of crypto privacy regulations is a prime illustration of this issue. Globally, regulations surrounding cryptocurrency are heavily leaned against privacy, with the supposed reasoning being that it creates an environment conducive to illicit financial activities. However, the true motivation behind this stance is that powerful financial institutions desire total visibility into all transactions, allowing them to maintain control over the economy and suppress any potential competition.

The main point is that these influential financial organizations' primary desire for privacy comes from them. This is evident in Blackrock's and other companies offering Bitcoin ETFs' decision to keep the wallets containing the BTC supporting their ETFs undisclosed. In contrast, Bitwise chose to reveal this information preemptively rather than waiting for blockchain analysts to uncover it. 

Consider the possibility that stablecoin payments will become widespread globally, thanks to the lobbying efforts of stablecoin issuers like Circle. It won't take long for individuals to realize that their stablecoin transactions and balances are transparent to everyone, which may raise concerns among trad-fi elites. Moreover, with central banks permitted to hold cryptocurrencies on their balance sheets starting from January 2025, there will likely be growing pressure on regulators to enhance privacy in the crypto space.

The rise in crypto privacy use will lead to the creation of additional privacy solutions. Cryptocurrency operates on universal principles, applying the same rules to all blockchain users. As long as this remains true, influential individuals and organizations will likely advocate for crypto values as they align with their self-interests.

If you are still in the process of being convinced, consider that various central banks globally are in the stages of creating their individual digital currencies. Given their ease of seizure or freezing, will these central banks rely on each other's digital currencies? The answer is no. Consequently, there'll be a significant need for a reliable, mutually accepted digital currency, especially as the world becomes increasingly geopolitically divided.

Coinbureau believes that Bitcoin's BTC is well-suited to serve this purpose and is currently used for trading by certain countries. Moreover, there are reports of countries engaging in Bitcoin mining activities. This could lead to a situation where nations using BTC for trade may compete in mining to maintain the neutrality of the Bitcoin blockchain. Fidelity, a different asset manager, has made a similar prediction.

This relates to Charles' assertions regarding asset managers' influence over Bitcoin through controlling its value. Recognizing that BTC's main advantage is its status as a trustworthy and impartial digital currency beyond anyone's control, it becomes clear that attempting to control Bitcoin would have negative consequences. To clarify, if Blackrock and other asset managers were to gain control of Bitcoin, its fundamental appeal would cease to exist.

The potential outcome of this situation is substantial funds being redirected to alternative assets, such as gold and other cryptocurrencies, which are beyond the control of asset managers. Notably, these outflows could potentially include investments in the proof-of-work BTC fork. It's important to remember that Blackrock's significant wealth and influence are largely predicated on the dominance of the US and its currency.

As explained in this article, the emergence of a new commodity cycle could potentially elevate the influence of the BRICS nations. Consider a scenario where one of these countries introduces a Bitcoin exchange-traded fund (ETF) that tracks the price of the proof-of-work version of Bitcoin derived from Blackrock's proof-of-stake fork. If this were to happen, it could attract tens of billions of dollars in investments.


Image: Markethive.com

How Crypto Strikes Back

This scenario is conjecture right now, and it is essential to take a broader view. This analysis considers long-term aspects and does not encompass the entire cryptocurrency market. In the shorter term, there is a possibility of integration between the rest of the crypto market and trad-fi in a manner that may present challenges. Small Blockers actually predicted this during the block size wars

Notably, trad-fi investors attempted to take control of Bitcoin by increasing its block size. However, they were unsuccessful in their efforts and shifted their focus to other cryptocurrencies, such as Ethereum. Since then, events have unfolded as predicted by proponents of Small Blockers. Essentially, if crypto aims to rival trad-fi in aspects like speed and cost, it will ultimately result in greater centralization, as it becomes a race to the bottom.

In the past ten years, we have witnessed a trend where each new generation of cryptocurrencies has become increasingly centralized. This has made them vulnerable to regulatory capture. As with Blackrock potentially controlling Bitcoin, centralized cryptos becoming subject to trad-fi regulations will essentially make them the same as existing traditional financial solutions, leading to decreased user adoption, with no one using them. Recognizing this risk, investors in these cryptocurrency projects are now shifting their focus toward achieving maximum decentralization.

Decentralization goes beyond just the quantity of nodes and validators. It encompasses the level of developer involvement in the blockchain, the dispersal of the coin or token, particularly in proof-of-stake blockchains, and even the infrastructure utilized by miners and validators, as detailed in this article.

The decentralized nature of cryptocurrency comes with inherent trade-offs, such as slower transaction speeds and higher costs. This brings us back to the root problem: that most crypto companies are attempting to compete with traditional finance in terms of cost and speed.  However, this has created a problematic trend towards centralization, which risks undermining the fundamental principles of decentralization that define cryptocurrency. If left unchecked, this race to the bottom could result in the most widely adopted cryptocurrency being managed by a single entity, such as the Federal Reserve. This outcome would be at odds with the vision of crypto enthusiasts, who seek to maintain the decentralized nature of cryptocurrency. So, what steps can be taken to address this issue?

As opined by Coinbureau, the solution is to let the crypto industry learn the importance of decentralization the hard way. As with most things in modern society, the only way you'll get change is with some kind of shock. In this case, it could be Circle deciding which Solana fork we could see in the future. It could be Tether freezing everyone's USDT holdings until they complete KYC. It could be Coinbase banning crypto transfers to and from personal wallets like many regulators want to do. It could be Blackrock’s spot Ethereum ETF taking control of Ethereum with all the ETH it will inevitably hold.

The average investor and user will likely realize the significance of decentralization in the crypto space only when confronted with situations that highlight its importance. As previously mentioned, this realization will also dawn on influential individuals and organizations. Subsequently, new cryptocurrencies that prioritize decentralization will emerge, hopefully without the need for a catalyzing event.

The cryptocurrency sector is anticipating potential threats and adapting accordingly. Early indicators of this trend include the emergence of decentralized privacy protocols and venture capitalists' financial support for algorithmic stablecoins. Initially, this may come as a surprise. Still, upon closer examination, it aligns with the motivations of major players like BlackRock, Coinbase, and Circle, who are ultimately driven by the desire to generate profits, just like many others in the cryptocurrency space. By investing in innovation, they will likely yield financial gains, which explains their support for pro-crypto regulations.

It's interesting to note that the institutions that have been perceived as obstacles to the growth of cryptocurrency are actually the ones that stand to benefit the most from its innovation. Governments, megabanks, and central banks are feeling the pressure of competition from crypto, and they are the ones hindering the progress of cryptocurrencies and working against it to maintain their power and control. It may seem far-fetched, but major players like Blackrock & Co. could be aligned with the interests of cryptocurrency enthusiasts in this battle despite their questionable reputation and difficulty in trusting them. Consider the potential profitability of displacing governments, megabanks, and central banks – it's food for thought.

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

Tim Moseley

Censorship Industrial Complex On Steroids With AI An Insane Attempt To Threaten Free Speech Goes Next Level

Censorship Industrial Complex On Steroids With AI. An Insane Attempt To Threaten Free Speech Goes Next Level

The erosion of confidence in governments globally has led to a surge in efforts to suppress dissenting voices and limit the dissemination of information deemed unfavorable by those in power. In other words, truths they don’t like. The recent Congressional Hearing on the Weaponization of the Federal Government has exposed the alarming extent to which some governments are willing to go to silence opposition and maintain their grip on power. 

It has shed light on a disturbing trend: the integration of artificial intelligence (AI) that will enable the government to suppress what it considers as mis or disinformation with unprecedented efficiency and effectiveness. Using AI for censorship has created a dangerous alliance between government agencies and powerful corporations, further undermining the principles of democracy and the ability to seek the truth and speak the truth. 
 


Source: Truthstream Media X

In early February 2024, a subcommittee hearing was held to discuss the recent attempts by governments and agencies to censor online content, posing a threat to the fundamental right to free speech. This summary highlights the key points and issues addressed during the hearing and ways to resist these efforts and safeguard your constitutional freedom of expression.

To begin, a brief overview is needed. A political committee at Capitol Hill focuses explicitly on examining how the government's powers are being utilized as weapons. This committee was formed in January 2023 and has stirred up much debate. This is mainly because most of the subcommittee's discussions have centered on critiquing the current administration's utilization of governmental authority. While these discussions may seem biased, the substance of the dialogue holds value.

According to the Judiciary Committee's website, the hearing focuses on the federal government's role in funding the development of high-powered censorship and propaganda tools that governments and big tech can use to monitor and censor speech at scale. 


Source: Judiciary Committee 

From all accounts, the hearing was convened in response to a recent exposé by The Daily Caller, which revealed that the National Science Foundation (NSF), a separate government agency in the US, had allocated $40 million towards developing online censorship tools. The report's author, Katelynn Richardson, suggests that this investment is part of a more considerable effort by the U.S. government to create a "censorship industrial complex" through the funding of AI research initiatives.

Just so you know, governments globally are following suit and implementing similar measures to curb online freedom. This article provides an overview of the various internet censorship laws enacted worldwide.

Katelynn was among the four individuals who provided testimony. The other three witnesses were Greg Lukianoff, CEO and President of the Foundation for Individual Rights and Expression (FIRE), Lee Fang, an investigative journalist known for his work on the Twitter files, which exposed collaboration between big tech and governments to silence dissenting voices, and Norman Eisen, a former U.S. Ambassador to the Czech Republic. 

It's worth noting that although the motivations behind this hearing were likely partisan, the information that came to light is crucial for everyone to be aware of, regardless of their political affiliations or geographical location.

The utilization of these powerful instruments is not limited to any particular administration or government. Consequently, it's essential to recognize that the same tools employed against individuals you disapprove of today could be directed toward you in the future. The notion that you may hold a non-partisan stance does not necessarily ensure your immunity, as historical patterns suggest a tendency towards the escalation of such measures. Some might argue that we're currently witnessing the manifestation of this phenomenon.


Source: Judiciary.House.gov

The Hearing – Opening Statements

The hearing commenced with opening statements from politicians from both Republican and Democrat parties. Chairman Jim Jordan was the first to address the assembly, and he began by enumerating instances where the U.S. government had collaborated with major technology companies to suppress legitimate speech. His list was extensive and included several notable examples. Additionally, he drew attention to a recent investigative report that revealed the U.S. government had pressured Amazon to restrict specific book titles on its platform during the pandemic.

Jim expressed concern that censorship tactics are advancing with generative AI technology, which has gained widespread attention. He referenced quotes from studies on censorship funded by the U.S. government, highlighting the potential for these tools to circumvent legal responsibility by operating through automated programs rather than individuals subject to legal repercussions.

However, the most incriminating statement highlighted the fact that certain studies are deliberately aiming to reach rural and indigenous communities, veterans, older adults, and military families through their internet censorship mechanisms, as they believe these groups are the most susceptible to mis and disinformation. It insinuates these minorities are too stupid to know the truth. Or perhaps these demographics often place their faith in entities beyond the government's control, posing a challenge for those in power.

Jim then disclosed that another proposal document stated that reactive content moderation (usually performed by humans) is too slow and ineffective. The focus is, therefore, on certain tools that implement proactive censorship, meaning that any online content you post will be censored before you complete typing it. Notably, these are the types of concepts that have been extensively debated at the World Economic Forum's yearly gatherings.

Ranking member Stacey Plaskett was the next speaker, and she rejected Jim's remarks as a conspiracy theory. She expressed her frustration that she has to sit through repeated discussions on the subject, six times to be exact, emphasizing that the real weaponization of the government occurred during the prior administration.


Source: Video of hearing

Witnesses Opening Statements

The witnesses had their chance to share their opening statements, free from the influence of partisan agendas. First, Katelynn Richardson began by expressing her concern about the U.S. government's potential involvement in creating a censorship-industrial complex. She then disclosed that numerous censorship studies she uncovered last year are still in progress.

Katelynn pointed out that a censorship-industrial complex is rising as a new sector receiving substantial government funding, not unlike the expanding crypto compliance industry aimed at satisfying the Financial Action Task Force (FATF). She noted that she has questioned these entities about their studies. Katelynn also mentioned that she had challenged these institutions about their research. In response, they initiated a marketing campaign to justify their censorship efforts as a means of safeguarding democracy. This excuse has become a common justification for government overreach in recent times.

Lee Fang, the second witness to testify, discussed the potential for AI to facilitate unparalleled levels of censorship. He drew from his personal experience working on the Twitter files to illustrate how large pharmaceutical companies and their affiliated organizations have partnered with big tech to suppress online content.

Lee recently shared that although these programs were paused after the pandemic, they were reinstated around the middle of last year. He pointed out that various tools created by governments to combat terrorism are now being utilized against their own people. He cautioned that these tactics could be exploited by whoever was in power to silence political adversaries and emphasized the need for a nonpartisan approach to the committee's work.

Greg Lukianoff was the third witness to give testimony. He described how FIRE works to protect free speech rights from government interference nationwide, advocating for both right-wing and left-wing causes. He warned that the battles they have fought so far will seem insignificant compared to the challenges that lie ahead with the emergence of AI. Additionally, Lukianoff highlighted the issue of AI alignment, which, in theory, involves teaching AI to follow instructions but, in practice, often translates to teaching AI to comply with government dictates.

Greg emphasized that artificial intelligence (AI) is merely a tool that can enhance freedom of speech, much like the internet. He drew an analogy between the internet, AI, and the printing press, which brought about the downfall of religious control over governments. However, Greg noted that this is only possible if AI can develop freely in a decentralized environment without excessive regulation. Over-regulation risks undesirable consequences such as censorship and may hinder the United States' technological competitiveness.

Norman Eisen took his turn to speak, displaying a strong bias typical of such hearings by passionately advocating for government collaboration with major tech and AI companies. He dismissed accusations of fearmongering from his fellow panelists and asserted that it is permissible for the government to engage in such partnerships. Furthermore, he stressed that the government has the right to express its reservations to tech giants and to fund various AI initiatives. Eisen also revealed his initiative to provide a scholarship for individuals interested in delving into the intersection of AI and democracy.

The Q&A Session Begins.

Thomas Massie [R] was the first to pose a question during the session. He directed his inquiry to Lee, who disclosed a shocking revelation regarding the government's utilization of AI censorship initiatives. A program is in place that employs the creation of AI-powered social media bots designed to engage in arguments with individuals whom the government deems to be propagating false or misleading information. 

In other words, if you have ever voiced an opinion on social media that contradicts the government's stance and subsequently received a barrage of responses from suspicious-looking accounts, these were likely AI bots funded by the government. 

Regrettably, the left-leaning politicians chose to overlook the AI censorship problem caused by the current government, dismissing it as a futile concern. Instead, they emphasized the perceived bleak and harmful consequences for the United States if Donald Trump were to win the presidential election. This biased stance was unproductive and not deserving of attention here; however, you can find the complete hearing by following this link, which is worth viewing. Following my initial frustration, I found myself chuckling.

Kelly Armstrong [R] presented a comprehensive list of the U.S. government for research on censorship and inquired with Katelynn about a specific grant aimed at training students for job roles related to disinformation. This initiative represents what Katelynn referred to as the censorship-industrial complex.  She affirmed that this program was indeed a summer internship opportunity for students who had received government funding. Kelly then questioned her about the curriculum focusing on recognizing misinformation.

Katelynn said there were many things, but the primary emphasis was on election-related information. The fact that more than 4.2 billion individuals worldwide are expected to participate in elections this year is quite alarming. It appears that governments are determined to maintain the status quo by supporting established candidates. The question then arises: Why have they yet to introduce a transparent blockchain voting system? The likely answer is simple enough to figure out.

After an unrelated partisan commentary and one question directed at Norman Eisen about Trump from anti-crypto politician Stephen Lynch [D], Jim questioned Lee Fang about his opening statement, specifically regarding a 2012 hearing on government funding for censorship programs. Jim confirmed that this was indeed the case and that the opposing political party was pushing for online censorship at the time. However, Greg Lukianoff pointed out that the tables have now turned and that one should not celebrate using these tools, even if they are being used against individuals they dislike, as they could potentially be used against them in the future.

The queries continued, with John Garamendi [D] taking his turn. Similar to his political peers, his inquiry was tainted with partisanship. Nevertheless, he disclosed a noteworthy detail: conservative groups have devised a strategic plan called Project 2025 to reform the U.S. government. This information is significant because it suggests that the growing opposition globally may not be as spontaneous as it appears and seems to be controlled.

In plain terms, the various individuals and organizations claiming to challenge the current state of affairs are, in fact, integral to the same dominant system they purport to oppose. A prime illustration of this phenomenon is that numerous purported opposition leaders who have risen to power in various nations are affiliated with the World Economic Forum (WEF). This article reveals how the WEF maintains programs designed to assist their preferred candidates in attaining elected office globally.

It is improbable that Project 2025 has any connection to the World Economic Forum (WEF), considering the initiative is reportedly led by the Heritage Foundation, whose president gained widespread attention for criticizing the WEF at the Davos gathering.

Following some biased inquiries from Darrell Issa [D] and Stacey Plaskett [D], Greg Steube [R] queried Lee about NewsGuard, an organization that assesses the accuracy of news sources. Lee indicated that he had devoted considerable effort to researching NewsGuard and described it as part of the expanding misinformation industry.

Lee discovered that NewsGuard has secured military agreements and is exerting an impact on how traditional media covers topics related to foreign policy. This development is not surprising given the history of the CIA's Operation Mockingbird. This program was used to manipulate US media outlets for propaganda during the Cold War. Although Operation Mockingbird officially ended in the 1970s, many believe that its practices continue to be employed in some form today.

Following a series of partisan questions from Representatives Sylvia Garcia [D] and Dan Goldman [D], who claimed there’s no evidence of government coercion regarding social media censorship and reiterated the committee was a useless waste of time and “the true weaponization, the threat of weaponization of the federal government is Donald Trump and the Republicans, and we should move on from this charade.” 

The chairman, Jim Jordan, interjected to point out that Dan Goldman had previously acknowledged in a related hearing that the U.S. government had been requesting big tech companies to remove certain content but that these companies had only complied with such requests 35% of the time.

Kat Cammack [R] reinforced Jim's message by stating she has tangible evidence of the censorship previously orchestrated by the present government and agencies. She also emphasized that the purpose of the hearing was not to engage in political posturing but to confront the growing threat of digital authoritarianism emanating from the US government. She stressed that this issue affects everyday citizens and warned that those who assume they are immune will be caught off guard. 

Despite this, the hearing continued to be impured by partisan bickering, with Stacy Plaskett [D] leading the charge and Harriet Hageman [R] attempting to set the record straight. Harriet also highlights that the upscaling of AI technology can provide censorship operations, and the scope of it is astonishing. Quoting an example of one company’s pitch to the NSF boasting that it was using AI to monitor 750,000 blogs and media articles daily as well as mining data from the major social media platforms. 

Pro-crypto politician Warren Davidson [R] finally had his turn to speak. He brought up a topic that other speakers avoided discussing: the potential creation of a digital identification system by the US government. Warren then turned to Greg for data supporting the claim that censorship is increasing. Greg shared a surprising statistic – 2020 and 2021 recorded the highest number of college professors terminated in the United States since the 1930s.

Greg highlighted that professors across the political spectrum have been affected. He continued to assert that removing academics who resisted conforming to the prevailing norms amid the pandemic has paved the way for a potentially dystopian future in artificial intelligence. Greg pointed out that the remaining scholars, who are now working on AI censorship technology funded by the government, have all complied with the imposed expectations.

Following some politically charged remarks by Jim, Russell Fry [R] made a striking observation. He pointed out that to secure government funding for research related to censorship, one must actively seek it out. This implies that individuals who receive such grants are, in effect, proactively seeking to expand their censorship capabilities from the get-go.

Russell sought Greg's insight on addressing the issue, and Greg's response was illuminating and unexpected. Contrary to popular belief, Greg argued that relying on regulations would not be effective, as it would inevitably lead to further centralization and increase the risk of future control mechanisms. Instead, the key to resolving this problem lies in decentralization, specifically developing and implementing decentralized AI systems that preclude any single entity from wielding such control.


Image by Markethive.com

Combating Online Censorship

The pressing concern now is how to counteract the growing online censorship trend. The first step is to acknowledge the importance of presenting truthful information in a composed and well-reasoned manner, supported by logical arguments and factual evidence. By doing so, we can effectively communicate our message and create a more informed public discourse.

Frequently, individuals try to communicate the truth using exaggerated language, offensive remarks, and other content that may be considered offensive, which can lead to censorship regardless of the message's intent. While some argue that individuals should be free to express themselves in such ways, the reality is that such language may not be tolerated in all cultures and societies. In some countries, like the US, there is a greater emphasis on freedom of speech, but in other parts of the world, there are stricter guidelines around what can and cannot be said.

The second approach is to choose which issues to address carefully. As many people do on specific platforms, there is no point in screaming about an issue into the void. Similarly, arguing with government-backed AI bots supported by the government is usually unproductive. If it is unlikely that anyone's perspective will shift, it is better to refrain from the discussion. Instead, consider sharing your concerns with someone open to listening and empathizing. It is more effective to communicate truths with individuals you are familiar with, as this may lead to the information being disseminated effectively.

This relates to the third point, recognizing that the type of AI-based censorship many governments implement can only occur on specific social media platforms.  Engaging with like-minded individuals in person or online makes you less likely to experience its effects. However, it is essential to avoid isolating yourself within an echo chamber.

It's crucial to recognize that avoiding the issue of censorship won't make it disappear. It can eventually impact you if left unaddressed, even if you try to ignore it. Unfortunately, it might not always be possible to fight back. Fortunately, though, you don't always need to. 

This pertains to the fourth solution, which involves utilizing alternative platforms that are not vulnerable to online censorship being imposed. Although centralized platforms that uphold free speech still exist, they are under increasing scrutiny by authorities and will likely have to adhere to regulations. As a result, decentralized platforms have emerged as the sole alternative, providing an unrestricted space for online interactions.

This article about the narratives of the next crypto bull market illustrates that decentralized social media is becoming a prominent force as the authorities and bureaucrats will do anything and everything to dumb us down and use taxpayer dollars to do it. So, we are essentially funding our own censorship, and it’s not just in the pursuit of revealing truths online but also in asking questions that require answers that don’t follow their narrative. People may have to adopt decentralized media out of necessity. 

This pertains to the final point: voting for leaders committed to protecting free speech as it is a fundamental right that supersedes all else. Despite some people's dismissive views, the significance of free speech cannot be overstated, which is why it is enshrined in the First Amendment of the United States Constitution.

Without free speech, it becomes difficult to seek the truth, and when you don't know the truth, it becomes challenging to live per reality, which is based on the truth. When it becomes difficult to live in reality, society starts to collapse, and when society starts to collapse, everyone loses, eventually, including those in positions of power. 

In a nutshell, combating censorship involves sharing truthful information in a manner that resonates with people, exploring alternative channels when online avenues are restricted, and supporting political candidates who champion free speech to prevent such limitations from arising. For many individuals, 2024 presents a critical opportunity to exercise their democratic voice before this dystopian nightmare takes hold.

Thank God for Markethive! 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

Tim Moseley

The Next Crypto Bull Market Is At Hand Ten Essential Tips For Investing In Cryptocurrency

The Next Crypto Bull Market Is At Hand. Ten Essential Tips For Investing In Cryptocurrency.

The recent green light for Bitcoin ETFs has thrust cryptocurrency back into the limelight, and with 2024 shaping up to be a pivotal year for the financial markets, many investors are pondering whether they should tap into the asset class that has delivered the most impressive returns over the past decade, as per Black Rock's analysis

The SEC's approval of spot Bitcoin ETFs marks a notable milestone, giving a significant regulatory stamp of approval to the most prominent cryptocurrency in the world while also providing exposure to the rapidly growing crypto market. This development will likely alleviate some concerns investors may have had about investing in the space, making it more accessible and appealing to a broader range of investors.

Before diving into the world of cryptocurrency, there are ten essential tips to remember. This article aims to provide investors with valuable insights by highlighting ten critical factors to consider when investing in cryptocurrency.


Image source: ishares.com.pdf

Ten Key Tips To Know Before Investing In Crypto 

#1. Exchanges

First and foremost, it's important to understand the various types of exchanges, platforms, and products available that offer crypto. Exchange-traded funds (ETFs) have recently gained popularity, providing crypto exposure and a secure and regulated way to invest in cryptocurrency. However, ETFs and similar products face three main issues. 

One concern is that their trading hours are limited to regular stock market hours, unlike the continuous 24/7 trading of cryptocurrencies. As a result, there may be discrepancies in pricing between the ETFs and the actual assets, as well as challenges in entering or exiting positions before significant price fluctuations occur.

Another issue is that they do not permit you to possess the actual asset outright. In cryptocurrency, taking custody of your own funds is typical among seasoned investors. While the self-custody approach may not suit everyone and carries its own set of risks, the advantage is that it removes the counterparty risk associated with ETFs.

The third issue is the limited availability of exchange-traded products that allow investors to invest in altcoins, which are cryptocurrencies other than Bitcoin. While some investors may be content with Bitcoin (BTC) exposure, others seek opportunities in alternative cryptocurrencies that offer the potential for significantly higher returns, ranging from 10 to 100 times.


Image source: Investopedia

#2. Volatility

Before investing in cryptocurrency, it's crucial to understand that prices can fluctuate rapidly and unpredictably, especially for alternative coins. Price swings of 10% or more in a short period are common for Bitcoin, while altcoins can experience even more significant fluctuations, with price changes of 20% or more in minutes. This high level of volatility can be stressful and may lead to impulsive decisions based on emotions rather than sound investment strategies. Consequently, many investors tend to buy during strong market upswings and sell during sudden downturns.

Cryptocurrencies experience significant price fluctuations primarily due to their speculative nature. The main reason behind this volatility is that cryptocurrencies are designed to challenge and potentially replace traditional financial systems. Each crypto project aims to address specific aspects of the financial system. Tokens that provide real-world utility within a particular niche may be less speculative.

An additional factor that plays a role is the significant use of leverage trading within the cryptocurrency environment. During bearish periods, minor price declines can snowball into substantial crashes as leveraged traders are forced to liquidate their positions, while in bullish markets, small price increases can rapidly escalate into massive price surges as leveraged traders scramble to maintain their positions.

Fortunately, two strategies can help mitigate the impact of volatility in cryptocurrency trading. Firstly, investing in cryptocurrencies with a larger market cap can provide a lower-risk option, as they tend to experience less price fluctuation than smaller-cap cryptocurrencies. However, this stability comes at the cost of potentially lower returns. Secondly, traders can reduce their exposure to volatility by using less leverage or setting stop losses at prudent levels, informed by technical analysis. Being knowledgeable about chart patterns and trends can aid in making informed decisions.

#3. Categories of Cryptocurrencies

This relates to the third essential aspect to consider before investing in cryptocurrency. It is crucial to understand that not all cryptocurrencies are the same. Generally, there are two main categories of cryptocurrencies – coins and tokens. Coins are digital currencies utilized to cover transaction costs within their respective blockchain networks, like BTC within the Bitcoin blockchain. On the other hand, tokens are digital assets that can be created through smart contracts on specific cryptocurrency blockchains, such as Ethereum or Solana.

The value of coins is typically tied to the blockchain they are a part of. In contrast, tokens often derive value from their usefulness or utility within a specific decentralized application (dApp) or protocol. This distinction is noteworthy because coins tend to perform better than tokens in the cryptocurrency market, likely due to the greater level of effort and investment required to create a new blockchain from scratch.

It is possible for anyone to generate a cryptocurrency token quickly using specific decentralized applications. This has led to a proliferation of tokens, with millions available, while only a select few cryptocurrency coins have gained widespread recognition and utility. Most tokens lack practical use or value, whereas those that serve a purpose tend to exhibit more significant potential for success.

The success of a coin or token is ultimately determined by the narrative it's associated with. Take Bitcoin's BTC, for instance, which is widely regarded as the digital equivalent of gold. This narrative is just one of many that can impact price movements. This article delves into other significant narratives that can shape the performance of coins and tokens.

#4. Quality Information

Finding reliable information about cryptocurrency projects can be a significant challenge. This is due to a shortage of educational resources, the intricate nature of most crypto projects, and a general lack of information available. As a result, it can take time and effort to make informed investment decisions in the cryptocurrency market.

The lack of understanding surrounding cryptocurrency has led to significant financial losses for many investors. Many have sought to solve this issue through online publications and transparent crypto platforms’ blogs and videos, which aim to educate the public about the nature of cryptocurrency and the scams that have plagued the industry conceived by nefarious opportunists seeking to exploit others' ignorance.


Image source: Coinmarketcap

#5. Market Cap

Before investing in cryptocurrency, it's essential to understand the distinction between a crypto's market cap and its price. Many people assume that a crypto's price determines its potential for growth, but in reality, the market capitalization holds greater significance. Many first-time investors in the cryptocurrency market are unaware of this fact. Consequently, some cryptocurrencies with lower price tags tend to perform better than those with higher price tags. 

This is because new investors often assume that a low-priced cryptocurrency has more room for growth and will eventually reach the same level as Bitcoin, making them rich in the process. Practically speaking, it is essential to consider both the price tag, which is attractive to new and inexperienced investors, and the market cap, as it ultimately influences a cryptocurrency's potential increase or decrease in percentage terms.

You can gauge the potential growth of a coin or token by comparing it to more established cryptocurrencies within the same niche or category and observing their growth during previous market upswings. Setting realistic expectations and understanding that smaller-cap assets are unlikely to surpass the dominance of BTC or ETH in the foreseeable future is essential.

#6. Self Custody

Before investing in cryptocurrency, it's crucial to understand the importance of self-custody. In the crypto space, a famous saying goes, "Not your keys, not your crypto." This means that if you don't possess the private keys to your crypto wallet, you don't truly own the cryptocurrency inside it. Self-custody is crucial because it ensures that you have complete control over your digital assets and that they're securely stored in a wallet that only you can access.

So, if you're not given a 12 or 24-word seed phrase, also known as a private key, when creating an account and are required to copy and secure that key in a safe place, you're likely using a custodial service. In other words, your cryptocurrency is being held by a third party, similar to how a bank holds your money. Interestingly, the money in your bank doesn't technically belong to you either, as explained in this article.

It is essential to take control of your own cryptocurrency to achieve true financial independence, which means having the freedom to use your assets as you please and when you please. You need to establish a cryptocurrency wallet and consistently store the coins or tokens you are not currently trading in that wallet.

Cryptocurrency wallets come in various forms, including mobile, browser, and desktop versions. However, a hardware wallet is advised for optimal security, especially for significant crypto holdings. This physical device allows you to store your cryptocurrency offline, providing additional protection.

#7. Portfolio Diversification 

Creating a diversified crypto portfolio is an important consideration before investing in cryptocurrency. While all coins and tokens are part of the crypto market, it is essential to understand that they come with different levels of risk, rewards, and utility.

Bitcoin’s BTC is viewed as a secure investment haven within the cryptocurrency sector. During market downturns, investors often flock to BTC as a safe haven, causing its value to increase. On the other hand, when the markets are thriving, investors tend to move their funds from BTC into more speculative cryptos, starting with Ethereum (ETH) and then to other smaller cryptocurrencies down the list.

Furthermore, stablecoins, which are cryptocurrencies supported by and pegged to traditional currencies, particularly the US dollar, are also considered safe options during times of turbulence in the cryptocurrency market. However, not all stablecoins are created equal, and some are considered safer than others due to their unique characteristics and uses.

A diversified cryptocurrency portfolio should include a mix of established large-cap assets, mid-sized coins with growth potential, and a few small-cap projects with promising futures. It's crucial to avoid over-investing in too many cryptocurrencies, as managing and tracking their performance can become challenging. Instead, focus on gaining exposure to a range of narratives that are likely to drive the next bull market in the crypto space.


Image source: Cwallet.com

#8. Time Horizon

Before investing in crypto, it's essential to consider your investment time frame, and this is closely related to the seventh factor. Cryptocurrency markets tend to fluctuate in a predictable four-year cycle, with the first one to two years typically experiencing a bull market, followed by a bear market during the final two to three years. Understanding this pattern can help you make informed investment decisions and maximize your returns.

These crypto cycles are believed to be influenced by the Bitcoin halving event, which occurs every four years and involves reducing the number of BTC coins given to Bitcoin miners by half. The next halving is anticipated to take place in April 2024.

The cryptocurrency market has traditionally experienced a significant upswing a few months following the halving event. If history is any guide, the next bull run is expected to begin around August or shortly after that, with Bitcoin and most alternative coins reaching new record highs during this time. However, it's important to note that the peak of this cycle may not occur until mid to late 2025, according to recent reports.

If you have been investing in cryptocurrencies before the market reaches its peak frenzy, you will likely see significant profits when it reaches its highest point. Surprisingly, you may not feel inclined to sell your holdings at that point.

As highlighted in the introduction, Crypto has emerged as the best-performing investment category in the past ten years. Retaining and building up significant amounts of well-known cryptocurrencies, such as BTC, during various market fluctuations would have yielded more significant profits than selling them.

This emphasizes that your personal time frame is the key consideration. If you aim for significant profits in the short term, it's advisable to align with the four-year pattern. Yet, if your goal is long-term wealth accumulation, it may be wiser to focus on steady accumulation without overanalyzing the process.

#9. HODL

The ninth key fact to consider before investing in cryptocurrency is that only two assets have consistently outperformed inflation over the past few decades: technology and finance. Notably, cryptocurrency represents a fusion of these two domains and boasts a unique advantage – it cannot be seized or confiscated. This attribute contributes to its value and potential for long-term growth.

This statement applies only to genuinely decentralized cryptocurrencies, as only those can uphold these characteristics. Bitcoin's BTC is considered the most decentralized cryptocurrency, serving as a safeguard or hedge against the entire existing financial system.

Considering the unpredictability of the financial system, it's a good idea to diversify your investments and protect your wealth in case of uncertainty. One way to do this is by investing in an asset that can't be easily seized, such as Bitcoin. Unlike gold, which requires physical storage and security, Bitcoin can be readily stored and transferred using just a seed phrase, which can be memorized for added convenience.

It’s salient to note here that every Bitcoin transaction is recorded on a public ledger and, therefore, is traceable. This transparency can concern individuals who want to distance themselves from the traditional financial system. However, despite this limitation, Bitcoin remains a viable alternative to conventional currencies, apart from gold, particularly for those who value freedom and decentralization.

For emphasis, the notion that central banks aspire to establish a financial system characterized by universal surveillance and control is not a far-fetched conspiracy theory. In fact, various reports have been published explicitly outlining such intentions. This system would enable comprehensive monitoring of all assets, ensuring that every item of value is accounted for and exists within a network that central authorities govern.

In any case, while it may be thrilling to consider the potential earnings in cryptocurrency, it's crucial to bear in mind that preserving these funds could prove challenging if the financial landscape follows its current path. Securing a portion of these profits in a tangible asset for long-term stability is prudent.


Image source: X

#10. Scams

It is crucial to be aware that the world of cryptocurrency investing is rife with scams. The various factors discussed earlier create an environment where misinformation about crypto is prevalent and highly persuasive. Deceptive practices can take the form of fraudulent airdrops and giveaways, with the latter becoming increasingly widespread due to advancements in deep fake technology.

Fraudulent accounts posing as well-known figures in the cryptocurrency space are widespread during periods of market growth. Trying to report or remove all of their comments is futile, and it's crucial to exercise caution when engaging with unsolicited messages or investment opportunities. 

A general guideline is to be cautious of offers that seem too good to be true because they likely are. Additionally, any direct message claiming to be from a prominent crypto personality should be met with skepticism. When interacting with decentralized applications and protocols, it's essential to do your due diligence to avoid losing funds. Finally, storing any coins or tokens not currently being traded on a secure hardware wallet is vital to protect them from potential threats.

This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

Tim Moseley

Which Crypto Narratives Will Dominate The Next Bull Market? Cryptos To Watch In 2024

Which Crypto Narratives Will Dominate The Next Bull Market? Cryptos To Watch In 2024

The key to achieving success in the cryptocurrency realm is to invest in narratives, not just statistics. During the previous bull market, the most captivating narratives were Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and the Metaverse. These narratives propelled certain cryptocurrencies to astronomical heights, with some experiencing growth of over 500 times their original value. The question now is what narratives will dominate the next crypto bull market and when they will experience a similar explosion in growth.

These projections are provided by key figures in the cryptocurrency industry and should be taken as speculative. This article focuses on the key narratives likely to shape the cryptocurrency landscape, their anticipated increase in popularity, and the projects linked to them that are worth keeping an eye on. The ongoing development of crypto regulations will largely influence the sequence in which these narratives gain prominence.

The rise of decentralized finance (DeFi) was a dominant force in the 2020 crypto bull market, with DeFi tokens experiencing remarkable growth, including Yearn Finance's YFI token, which at one point surpassed the value of Bitcoin. However, recent regulatory proposals aimed at DeFi suggest it may not be the dominant narrative in the current market cycle. Instead, other crypto narratives with fewer DeFi elements may gain more traction.

The success of crypto narratives may depend on the regulatory landscape, but some experts suggest that those with minimal DeFi integrations will have an advantage. This is because they will face fewer regulatory obstacles and enjoy greater adoption. Non-fungible tokens (NFTs) are the crypto technology with the least regulatory scrutiny, making it likely that narratives centered around NFTs will dominate.

Crypto Narratives Most Likely To Explode

Decentralized Social Media

The rise of decentralized social media (DESO) is anticipated to gain significant traction thanks to a convergence of factors. Growing censorship on traditional social media platforms, potential failures of popular networks, and challenges with monetization in a high-interest-rate environment have created an opportune landscape for DESO's growth. Governments worldwide have implemented laws to restrict social media content following the impact of the pandemic, as highlighted in this article on online censorship.

The implementation of various regulations, including the Digital Services Act (DSA) of the European Union, is causing a noticeable impact. Consequently, engaging in open and unrestricted conversations on major social media platforms is becoming increasingly challenging. An example of one leading social media platform, such as X, is now prioritizing free speech. Unfortunately, the resistance by these platforms may lead to their eventual downfall. X, for instance, has recently lost advertisers and is expected to incur significant financial losses.

The supposed economic downturn has led to a universal decrease in advertising revenue. In response, Google has taken measures to restrict the use of ad blockers on YouTube and has increased the frequency of advertisements in an effort to boost its ad revenue.

Upon initial consideration, it may appear improbable that the typical individual would transition to utilizing a decentralized social media platform due to concerns regarding censorship and advertisements. Nevertheless, upon further examination, it becomes evident that the adoption of decentralized social media is gaining momentum, with decentralized streaming experiencing remarkably rapid growth, as illustrated in the graph below.


Image source: Coingecko

Put in perspective, Odysee boasts a substantial user base exceeding 5 million individuals monthly, which continues to grow. As a decentralized social media protocol, Odysee outshines its competitors significantly. It is worth noting that Odysee is powered by LBRY, a cryptocurrency initiative that faced legal action from the SEC and was subsequently forced to cease operations. Nevertheless, Odysee remains the most prized possession of LBRY, Inc.

Odysee’s assets were recently sold at auction. According to LBRY’s report, while it’s nearly certain the Odysee assets will be assumed by someone interested in resuming its growth, it’s unclear if Odysee will continue to use the LBRY network in the future, switch to another crypto network, or switch to being a traditional web2 platform. 

If another crypto network acquires Odysee, you can bet that the crypto project will see explosive growth. Additionally, there is growing interest in decentralized platforms that replicate the functionality of traditional social media platforms like Twitter, as shown in the graph. These platforms concentrate on specific aspects of digital media, such as decentralized streaming and microblogging, and are designed to operate vertically. 

One decentralized platform that is not on that list yet encompasses all of the above and more. Markethive and its community are dedicated to building an entire ecosystem for entrepreneurs, including marketing, blogging, curation, email autoresponders, page-making systems, video feed, conference facilities, e-commerce, broadcasting, press releases, social network integration, etc.

Having established a comprehensive financial center for all its users and utilizing the Solana network for its Hivecoin token, Markethive is now preparing to introduce its platform to a global audience. Markethive has also removed itself from the centralized cloud services that continue to stifle platforms at the mercy of third-party APIs serving their interests. Currently, several user interface (UI) and UX components of Markethive's arsenal are being integrated in tandem to provide a sanctuary and empower individuals to regain control of their sovereignty. This year, 2024, is shaping up to be a pivotal time for Markethive, as it aims to reach unparalleled success and give back to the community that has embraced its vision.

GameFi

GameFi, the second prominent crypto narrative, is poised to experience immense growth, with some arguing that it's already underway. A glance at DappRadar reveals that the majority of the most well-liked decentralized applications (dApps) are connected to blockchain-based games. These games have amassed a considerable following, boasting millions of monthly active users. The surging popularity of blockchain games shouldn't come as a surprise, given that the traditional gaming industry grapples with challenges akin to those confronting centralized social media platforms.

To begin with, it seems that older video games are preferred over modern ones. This can be attributed to a variety of factors, such as disappointing visuals, weak storytelling, unnecessary infusion of politics, and overall unsatisfactory gameplay.

In 2022, the video game industry experienced its first year of losses in ten years, resulting in widespread layoffs among major developers. This downturn may be attributed to the pandemic-driven surge turning into a decline or developers ignoring their loyal player base. Regardless of the cause, the gaming industry is struggling financially. Similar to other technology leaders like Google, this situation may motivate game developers to explore alternative revenue streams.

Interestingly, it has been reported that players of Assassin's Creed encountered disruptive pop-up advertisements while playing the game. This occurrence was purportedly a technical glitch, but it shed light on the possibility that the gaming industry is attempting to impose advertisements on players in a similar manner to how YouTube is attempting to do so with its audience. While the typical YouTube viewer might tolerate this, it is highly probable that the average gamer would not welcome having their gameplay disrupted by pop-ups.

The outcome may be that game developers must incorporate GameFi elements to compensate for lost revenue, or players will seek out ad-free alternatives. A mixture of both scenarios will probably occur, which could be why blockchain games have gained significant popularity. If it is indeed the case that game developers are disregarding their primary audiences, then the adoption of blockchain games could even further increase.

This is because crypto technology, such as NFTs, enables gamers to influence the game's design instead of being controlled by ESG-obsessed asset managers like BlackRock. However, there is a limitation: these blockchain games must not involve excessive financialization. If they do, they may attract regulatory scrutiny, similar to what happened to Axi Infiniti in the Philippines.

The likelihood of this scrutiny is likely the reason why there have been limited GameFi integrations. Aside from regulatory hurdles, scalability and speed pose a significant challenge to widespread adoption, as seen in the case of Axi Infinity. Only a few blockchains can effectively accommodate millions of users simultaneously. 

In Axi's situation, they had to develop their specialized layer two solution called Ronan. This implies that you should prioritize the underlying layer one and layer two blockchains that support blockchain games rather than focusing on specific games. Thanks to its subnet architecture, Avalanche is notably gaining popularity as a preferred choice in this area.

Artificial Intelligence (AI)

The emergence of Artificial Intelligence (AI) as a dominant force in the tech industry is a narrative that has gained significant traction recently. While some argue that the AI explosion is already underway, others believe the real breakthrough is yet to come. The current AI hype in crypto and stocks is largely considered just hype, as there have been minimal actual changes thus far. It is widely believed that it will take at least two years for innovative AI companies to release their products and even longer for the general public to embrace and utilize them fully.

The current AI-fueled market frenzy may eventually subside as regulatory measures take effect or other factors come into play. If this bubble does burst, it may create a prime investment opportunity for crypto projects centered around AI technology. These projects will likely perform exceptionally well when the AI narrative regains momentum. Currently, everyday investors like us are unable to capitalize on AI innovation, making these cryptocurrency projects an attractive prospect.

While investing in established companies like Nvidia and Microsoft is possible, their massive valuations limit their potential for significant growth. As a result, private equity remains the most viable option for those seeking substantial returns on AI investments – but this avenue is only accessible to high-net-worth individuals. If this trend persists, investing in AI-related cryptocurrencies might be the only way for everyday investors to generate meaningful profits from the AI sector.

The emergence of new AI companies may be hindered if industry leaders such as Nvidia and Microsoft restrict access to their hardware and software. However, crypto tech's decentralized and open nature could provide an advantage in this scenario. Interestingly, some crypto projects have enabled individuals to access the previously exclusive hardware needed to run AI models, thereby promoting greater accessibility and competition in the field.

Among the projects in this category is the Akash Network. Additionally, numerous cryptocurrency initiatives have been making advancements in the software aspect of artificial intelligence. By merging this open-source progress with decentralized AI hardware, the result is a foundation for robust crypto AIs capable of rivaling those developed by Google and other companies.

In this instance, the main point to note is that if crypto AI were to become popular, the existing players would probably try to influence government regulators in order to prevent the development of decentralized artificial intelligence technology. It is important to note that these incumbents are already campaigning for policies that would hinder their centralized rivals from creating AI technology.

The upside is that AI in the crypto sector is still largely under the radar. This means there aren't many established factors to consider when evaluating its potential. Nobody knows yet whether the crypto industry can support the development of these models. Nevertheless, just as no one anticipated Bitcoin becoming the de facto digital gold, we find ourselves in that very situation. This demonstrates the potential for unexpected developments in the crypto landscape. 

Crypto Infrastructure

Infrastructure in the crypto industry is expected to experience significant growth, particularly in the areas of decentralized storage cryptocurrencies and crypto oracles that provide external data to the blockchain. It is important to note that infrastructure cryptos will play a crucial role in the success of other crypto narratives. For example, decentralized social media will likely demand substantial data storage capacity, while decentralized gaming will rely on extensive data feeds. Additionally, crypto AI will heavily rely on decentralized computing, which differs from decentralized storage regarding technical requirements.

Data storage, data feeds, and computing processes must be decentralized to ensure seamless operation and avoid potential regulatory or technical issues. This is particularly important given that a prominent centralized cloud platform banned crypto in August 2022. Moreover, Meta's use of Arweave for NFT storage demonstrates that decentralized infrastructure can be just as effective as its centralized counterpart. If discriminatory practices persist at the infrastructure level, such as app stores refusing to list certain apps, decentralized alternatives are likely to gain traction

In addition to Arweave, other cryptocurrencies worth keeping an eye on include cutting-edge oracle systems like Pyth, which may have a role in the gaming sector (GameFi); video encoding protocols such as Livepeer, which could have a role in decentralized social networks (DeSo); and data indexing protocols like The Graph, which could have a role in artificial intelligence (AI) development. It's important to note that this list is not exhaustive, and there may be other promising cryptocurrencies beyond these examples.

The level of adoption of the three previous narratives will influence the demand for these cryptocurrencies and their competitors. If there is significant adoption, there will be ample demand for these cryptos, potentially leading to an increase in price. However, it is essential to conduct thorough research on the tokenomics of these cryptocurrencies before investing, as this will determine whether the demand translates into a price surge.


Image source: Techopedia

Two More Narratives with Potential

Concluding the discussion, two additional crypto narratives may grow significantly. These narratives can potentially surpass the combined impact of the previous four. The first is the concept of crypto payments, while the second is the tokenization of real-world assets (RWAs), which has recently generated much hype. These two narratives are presented together as the final topics in this article due to the numerous regulatory challenges they face, specifically in the case of RWAs for crypto payments.

One of the main challenges involves the regulations surrounding stablecoins, which remain uncertain in numerous jurisdictions, especially in the United States. Congress is currently considering a proposed bill that could facilitate the use of stablecoins for payments, but its passage is unlikely until after the upcoming election due to the political divisions within the legislative body.

In the European Union, the Markets In Crypto Assets (MiCa) regulation technically allows stablecoins to be used for payments. However, the use of stablecoins will be restricted to Euro-backed stablecoins, which some argue are not all that popular. Despite this, regulatory clarity could lead to the adoption of crypto payments, positively impacting high-performance blockchains primed for payments, such as Solana and layer two solutions on Ethereum.

This relates to the regulations around RWAs, which are much further away. Some would say that this is debatable, given that stablecoins are technically RWAs; there are already tokenized fiat currencies and commodities. However, some argue that these differ from the RWAs on which the narrative truly focuses. The RWAs that most people have in mind involve tokenizing assets such as real estate, stocks, and bonds. If this is the situation, then tokenizing these assets on public blockchains is a distant prospect.

Significantly, major organizations and wealthy individuals would likely feel uneasy about revealing their RWA assets on transparent blockchains accessible to the public. As a result, they would opt for private and permissioned blockchains or public blockchains that ensure compliant privacy. When considering this, the transparency of cryptocurrency blockchains could pose a major challenge for narratives centered around institutional interests such as RWAs, which is why we're seeing growing interest in crypto privacy solutions. However, this particular market segment may not experience significant growth until the next cycle; it's an area that holds promise for the future.

This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

How Inbound Marketing Fuels Disruptive Innovation: A Guide for Forward-Thinking Entrepreneurs

How Inbound Marketing Fuels Disruptive Innovation: A Guide for Forward-Thinking Entrepreneurs

In today's fast-paced and rapidly evolving business landscape, traditional marketing strategies are no longer sufficient to drive innovation. To stay ahead of the curve, forward-thinking businesses turn to inbound marketing as a powerful tool to fuel disruptive innovation. In this guide, we will explore the concept of inbound marketing, its role in fostering disruptive innovation, and the benefits it offers to entrepreneurs.

Inbound marketing is a strategic approach focusing on attracting, engaging, and delighting customers through valuable content and experiences. Unlike traditional outbound marketing, which relies on interruptive tactics like cold calling and advertising, inbound marketing aims to build long-term relationships with customers by providing them with relevant and helpful information. By leveraging content marketing, social media, and search engine optimization (SEO), inbound marketing creates a magnet-like effect, organically drawing customers to your business.

Understanding Disruptive Innovation

To understand how inbound marketing fuels disruptive innovation, we must first grasp the concept of disruptive innovation itself. Disruptive innovation refers to the process by which a new product or service disrupts an existing market by offering a unique value proposition. This innovation often starts at the fringes of the market, targeting underserved customers with a novel solution that addresses their unmet needs.

Disruptive innovation challenges the status quo, and forces established players to adapt or risk becoming obsolete. Examples of disruptive innovations include the advent of smartphones, which revolutionized the telecommunications industry, and online streaming services, which disrupted the traditional television and movie rental market. By leveraging inbound marketing, businesses can identify and capitalize on disruptive innovations that have the potential to shape the future.

Now, here's where inbound marketing steps in. Businesses can spot these disruptive innovations early on by using inbound marketing techniques, like creating engaging content or building strong relationships with potential customers. This means they can get in on the action and take advantage of these groundbreaking ideas before they become mainstream.
So, inbound marketing isn't just about attracting customers—it's also about staying ahead of the curve and spotting the next big thing that could shape the future.

The Role of Inbound Marketing in Fueling Disruptive Innovation

Inbound marketing is like the fuel for those game-changing, disruptive ideas. It gives them a stage to shine on and get noticed. Imagine you've got this amazing new solution to a problem nobody's really tackled yet. Inbound marketing helps you get the word out in a way that grabs people's attention.

First, you create content that speaks to the folks who are feeling the pain of that problem you're solving. This content pulls them in because it's all about their struggles and how your solution can improve their lives. So, those early adopters who are always eager to try something new are drawn to what you're offering.

Then, you've got this storytelling magic. You're not just selling a product; you're telling a story about how it can change lives. That storytelling creates a buzz, gets people talking, and excites them about what you're doing.

But it's not just about getting attention; it's about learning too. With inbound marketing, you're not just shouting into the void. You're having conversations with real people, your potential customers, on social media and other digital platforms. And those conversations? They're gold mines of information. You get to hear directly from the people you want to serve, understanding their needs and preferences better than ever before.

And here's the kicker: You can take all that feedback and use it to improve your idea. It's like having a direct line to your customers' brains. You tweak and refine your solution based on what they tell you, making it even more tailored to their needs. And that, my friend, increases your chances of hitting it big with your disruptive innovation.

Benefits of Using Inbound Marketing for Businesses

Businesses that embrace inbound marketing as a strategy to fuel disruptive innovation stand to gain numerous benefits. Firstly, inbound marketing provides a cost-effective alternative to traditional marketing methods. By focusing on creating valuable content and leveraging digital channels, businesses can reach their target audience at a fraction of the cost of conventional advertising. This is particularly advantageous for startups and early-stage ventures with limited marketing budgets.

Secondly, inbound marketing allows businesses to build a brand that resonates with their target audience. By consistently delivering valuable content and engaging with customers, companies can establish themselves as thought leaders and gain credibility in their respective industries. This brand equity not only attracts customers but also attracts potential partners, collaborators, and talent who align with the investor's vision for disruptive innovation.

Lastly, inbound marketing offers a long-term and sustainable approach to customer acquisition. By nurturing leads through valuable content and personalized experiences, businesses can build a loyal customer base that continues to support their disruptive innovations. This customer-centric approach fosters customer loyalty and advocacy, driving organic growth and reducing reliance on costly customer acquisition strategies.

Case Studies of Successful Disruptive Innovations Fueled by Inbound Marketing

TESLA
To illustrate the power of inbound marketing in fueling disruptive innovation, let's explore some real-world case studies. One such example is the electric vehicle manufacturer Tesla. Through their innovative electric cars and sustainable energy solutions, Tesla disrupted the automotive industry. By leveraging inbound marketing strategies through unconventional marketing strategies, Tesla created a passionate community of early adopters who championed their mission and helped propel the company to success.

Tesla is known for its innovative and unconventional marketing strategies that rely on creating an emotional connection with its audience and strengthening its brand presence. Tesla does not use traditional paid advertising but instead focuses on word-of-mouth, social media, influencer partnerships, and launch events to generate buzz and awareness. Tesla also leverages the popularity and influence of its CEO, Elon Musk, who often engages with his followers and fans on various platforms.

Tesla’s marketing strategy can be considered a form of inbound marketing, which is a method of attracting, engaging, and delighting customers by providing valuable and relevant content and experiences. Inbound marketing aims to build trust and loyalty with the audience rather than interrupting them with unwanted ads. Tesla’s marketing strategy is aligned with its mission and vision of creating a sustainable, clean-energy future.

AIRBNB
Airbnb shook up the traditional hotel industry by revolutionizing how people find places to stay when they travel. Instead of relying solely on hotels, Airbnb introduced a platform where regular folks could rent their homes or spare rooms to travelers. This concept opened up a whole new world of accommodation options, giving travelers a chance to experience local neighborhoods and immerse themselves in the culture of their destination.

One of the keys to Airbnb's success was harnessing the power of user-generated content (UGC). By allowing users to post reviews, photos, and stories about their stays, Airbnb built a sense of trust and transparency lacking in the traditional hotel booking process. People could see real-life experiences from other travelers, helping them make more informed decisions about where to stay.

Through clever inbound marketing strategies, Airbnb was able to spread the word about its platform and attract both hosts and guests. They leveraged partnerships to reach a broad audience and establish themselves as a trusted brand in the travel industry.

You can see how Airbnb's innovative approach to accommodation has transformed how people travel and opened up new opportunities for hosts and guests. By tapping into the sharing economy and prioritizing user-generated content, Airbnb has become a powerhouse in the travel industry, changing how people think about where they stay when they're away from home.

These case studies demonstrate how inbound marketing can drive awareness, generate excitement, and build a loyal customer base for disruptive innovations.

How to Implement Inbound Marketing Strategies for Your Business

Now that we understand the importance of inbound marketing in fueling disruptive innovation let's explore how businesses can implement these strategies effectively. Firstly, defining your target audience and understanding their pain points and needs is crucial. This will enable you to create valuable content that resonates with your audience and establishes your expertise in the field of disruptive innovation.

Next, develop a content marketing strategy that aligns with your target audience's preferences and habits. This may involve creating blog posts, videos, podcasts, or other types of content that provide insights, thought leadership, and solutions to their challenges. Distribute this content through various channels, such as your website, social media platforms, and industry publications, to maximize its reach and impact.

In addition to content marketing, leverage social media platforms to engage with your audience and build relationships. Actively participate in relevant industry discussions, respond to comments and inquiries, and share valuable insights. Being present and active on social media can establish yourself as a trusted resource and attract a community of like-minded individuals passionate about disruptive innovation.

Leveraging Markethive for Inbound Marketing in Disruptive Innovation

One powerful tool that businesses can leverage for inbound marketing in disruptive innovation is Markethive. Here at Markethive, we have built a comprehensive inbound marketing platform that provides a suite of tools and resources to help businesses attract, engage, and nurture leads. With content marketing, social media integration, and lead management features, Markethive empowers enterprises to implement inbound marketing strategies effectively and efficiently.

Markethive's intuitive interface and user-friendly features make it accessible to businesses of all levels of experience. Whether you are a seasoned business or just starting out, Markethive provides the tools you need to build a dynamic online presence and drive disruptive innovation.

Inbound marketing is a powerful strategy that aligns with the principles of disruptive innovation. This kind of marketing does not rely on interrupting or annoying customers with unwanted ads or messages but rather on earning their trust and loyalty by providing helpful information and experiences. Inbound marketing also enables businesses to measure and optimize their performance based on customer data and feedback.

Markethive leverages inbound marketing to create a gigantic and disruptive inbound marketing ecosystem. Markethive offers tools and services that empower entrepreneurs, businesses, and organizations to generate leads, build relationships, and grow their brands online. Markethive's ecosystem includes a social network, a blogging platform, an email marketing system, a video hosting service, a webinar service, a CRM system, a marketplace, and more. Markethive's ecosystem is designed to be accessible, affordable, and scalable for anyone who wants to benefit from the power of inbound marketing. Markethive's ecosystem is also driven by blockchain technology, which ensures security, transparency, and decentralization.

By using inbound marketing, Markethive is disrupting the traditional outbound marketing industry, dominated by expensive and ineffective advertising platforms. Markethive is creating a new paradigm of marketing that is customer-centric, value-driven, and innovation-oriented. Markethive is building not only a gigantic and disruptive inbound marketing ecosystem but also a community of like-minded entrepreneurs who share a vision of changing the world for the better.

Measuring the Success of Inbound Marketing in Fueling Disruptive Innovation

To assess the effectiveness of inbound marketing in driving disruptive innovation, it's essential to set up key performance indicators (KPIs) and track relevant metrics. These indicators help measure various aspects of inbound marketing efforts and their impact on innovation within a business. 

One crucial metric to monitor is website traffic. This includes tracking the number of visitors to the company's website over time. Increased website traffic can indicate successful inbound marketing efforts, as it suggests that more people are discovering and engaging with the brand online.

Lead conversion rates are another important KPI to consider. This metric measures the percentage of website visitors who take a desired action, such as signing up for a newsletter or requesting more information. Higher conversion rates suggest that the inbound marketing strategies effectively capture potential customers' interest and prompt them to take action.

Social media engagement is also vital in evaluating the effectiveness of inbound marketing. This includes metrics such as likes, shares, comments, and retweets on social media platforms. A high level of engagement indicates that the content being shared resonates with the audience and encourages interaction, which can lead to increased brand awareness and loyalty.

Customer retention rates provide insight into the long-term impact of inbound marketing efforts. By tracking the percentage of customers who continue to purchase from the company over time, businesses can assess the effectiveness of their marketing strategies in building lasting relationships with customers.

Regularly monitoring these metrics and analyzing the data allows businesses to gain valuable insights into the performance of their inbound marketing strategies. By identifying areas of strength and areas for improvement, companies can make informed decisions to optimize their marketing efforts and drive continuous innovation within their organization.

Conclusion and Key Takeaways

Inbound marketing has emerged as a powerful tool for forward-thinking businesses looking to fuel disruptive innovation. By attracting, engaging, and delighting customers through valuable content and experiences, inbound marketing creates a platform for disruptive ideas to gain traction. Through case studies and real-world examples, we have seen how inbound marketing can drive awareness, build a loyal customer base, and ultimately transform industries.

To implement inbound marketing strategies effectively, businesses can leverage the full suite of tools in Markethive. Businesses can continually refine their strategies and drive disruptive innovation by measuring the success of their inbound marketing efforts through relevant metrics.

In conclusion, embracing inbound marketing as a strategy for fueling disruptive innovation is a wise choice for forward-thinking entrepreneurs. By leveraging the power of inbound marketing, businesses can navigate the ever-changing business landscape and stay at the forefront of disruptive innovation.

 


 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

Tim Moseley

Understanding The Cryptocurrency Token and Network Equity within Markethive and Beyond

Understanding The Cryptocurrency Token and Network Equity Within The Markethive Ecosystem And Beyond

Since the inception of Bitcoin, it has been regarded as the trailblazer and the gold standard of the cryptocurrency realm. Its influence extends beyond being a digital store of value, as it is often used as a reference point for other digital assets in the crypto finance industry. The emergence of thousands of crypto tokens has led to a plethora of use cases, but the Securities and Exchange Commission's (SEC) tendency to classify most tokens as securities might be misguided, as they have not fully appreciated the groundbreaking potential of these tokens.

The concept of tokens is a foundational permutation in blockchain technology, and it is essential to explain this new concept in a way that is easy to understand. Doing so increases the likelihood that the general public, regulators, and the myriad of established entities will grasp the importance of this paradigm shift. This article aims to demonstrate the various aspects of a cryptocurrency token and why it is crucial for those in positions of authority to gain a deeper understanding.

The complexity of understanding the token stems from its nature as a multi-functional abstract. We are not accustomed to encountering something that possesses multiple functional properties, represents diverse units of value, and exists in a digital form that unifies it all. Tokens are a relatively novel concept, and if we persist in attempting to categorize or categorize them using our previous frameworks, we will miss their potential. In essence, tokens can simultaneously embody the characteristics of currency, equity, financial instruments, rewards, rights, and, since blockchain, digital assets.

 

Traditional Thinking

Until now, we’ve only been familiar with fragmented structures to represent each of these roles. For example; 

CURRENCY: We have employed currencies such as the dollar, yen, euro, pound, and numerous other sovereign fiats for currency. 

EQUITY: In the equity realm, we have shares or stock units, commonly referred to as securities. 

FINANCIAL INSTRUMENTS: Regarding financial instruments, we have an array of options, such as derivatives, bonds, futures, options, swaps, and so on, which brokers, agents, custodians, or exchanges typically manage. 

REWARDS: For incentives or rewards, we have various companies doling out reward points, frequent flyers, loyalty cards, and the like. 

RIGHTS: For rights, we have government-issued identity cards or share proxies that enable us to participate in the governance of matters that concern us, effectively giving us a voice in decision-making processes.

However, introducing a token that combined all these facets into a single entity led to much confusion in traditional finance, corporate, private, and public arenas.

The advent of blockchain technology has created a distinct category of digital assets: non-fungible tokens. (NFTs) These tokens are unique and transferable units of value that can represent a wide range of items, including a digital artwork of a cat, such as CryptoKitties, a cartoon character, a virtual toy, or a rare in-game item. 

They can also represent real-world items like concert tickets or collectibles. This classification encompasses all the possible use cases for crypto tokens, opening up new possibilities for the future of digital ownership and exchange.

The Six Roles Of A Token

Currency can be exchanged for goods and services or utilized to access computer resources associated with blockchain technology, such as Ethereum’s gas, Bitcoin’s miner fees, transaction fees, etc. 

Equity signifies owning a tangible asset such as real estate or a representation of a commodity like gold.

Financial instruments encompass a wide range of financial services products, both existing and emerging that are destined to transition to a fully digital format in the future.

Rewards are work tokens, representing a tangible outcome that can be earned through various forms of human or computer-based effort. This can include active contributions, such as completing tasks or providing services, as well as passive contributions, such as sharing valuable data or content.

A Right may encompass the ability to participate in decision-making processes such as voting (governance-related) or the ability to access resources like digital content or services that offer tangible benefits.

The Digital Asset signifies a virtual entity, an NFT (non-fungible token) within the blockchain community. These tokens are unique digital objects that exist solely in a digital format and do not have a physical counterpart.

Additionally, tokens can also have a time-based restriction, meaning their usage is limited to a specific period. They can be locked or unlocked, which determines when they can be used.

A crypto token can potentially encompass all of these functions simultaneously, or only a few of them. Alternatively, it might initially serve one purpose and evolve into others. This challenges regulators and others as they struggle to comprehend and regulate this innovative concept that exists in multiple forms concurrently, contrary to our accustomed perception of them as separate entities.

Moreover, each token can have numerous variations in its lifecycle, including creation, acquisition, purchase, sale, granting, storage, and utilization. The most crucial aspect is that these tokens can be exchanged, traded, or transferred between individuals without the need for intermediaries, fostering a seamless and decentralized process.

The token embodies the adaptable spirit of a chameleon, utilizing cutting-edge technology to shatter various barriers imposed by society, government, and commercial entities. This versatile tool condenses numerous constructs into a single, potent symbol of innovation and progress.

This leads us back to the topic of regulation. The focus on securities regulation for governing tokens is misguided. It's like trying to force a square peg into a round hole or applying a solution where it's not needed. This approach not only hinders the development of new business models but also stifles the potential of token-based innovations.

Accordingly, it is essential to acknowledge that the token represents a distinct category of assets. To succinctly describe it, we can refer to it as a novel asset class that warrants its own legal and regulatory framework. Unlike the term "security," which regulators may use to classify it, a token does not always signify a personal financial stake or equity share in a larger financial entity. Instead, it serves as a novel representation of our progressively digital existence. 


William Mougayar's Blockchain Marketplace. Source: Coindesk 

Tokens Create Value Through User-Generated Work

Apart from tokens, protocols, and new forms of securities, there is a broader concept at play here. This concept revolves around the work that is indirectly symbolized by the tokens and its connection to the generation of value through user interactions. In other words, it pertains to the paradigm of creating value through work.

Tokens serve as a tool to achieve a goal. User actions yield tokens, which represent their value in the digital realm. These tokens are directly tied to the worth generated by users' efforts, benefiting both the network and other users.

Social networks have long been associated with user-generated content (UGC), which refers to creating and sharing original content by users. However, as the concept evolves, it may be more accurate to refer to it as user-generated work (UGW) in order to highlight the importance of diverse user participation that yields tangible financial benefits.

Categorizing Token Functions in Three Components

1. Tokens that enable a protocol's functionality, like Bitcoin or Ethereum, are primarily utilized for software development activities carried out by the network participants.

2. Tokens that are inherent to a vertical-specific area of operation, such as Steemit, Filecoin, and Storj, are used for tasks like curating or creating content, storing files, sharing data, etc. 

3. Tokens that expand existing businesses, such as loyalty points provided by established companies, have the potential to create an ecosystem that drives more transactions. We can refer to this as "hybrid models," which is the classification that Markethive belongs to.

The underlying principle is that users' behaviors and engagements within the platform create value, which in turn allows them to earn internal tokens that can be used to facilitate new transactions within the network, thereby generating further value.

► The tokens that are generated resemble the outcome of the user's activities.

► Tokens embody a multifaceted purpose, transcending their traditional role as a medium of exchange. They also serve as a measure of reputation, a reflection of engagement, a symbol of influence, and a gauge of activity within a given community or platform.

► Tokens serve as a representation of the economic activity occurring within the network.

► Acquiring tokens should be achieved honestly, not through manipulative gaming tactics.

► The more aligned the token is with a company's core values and business model, the greater its long-term viability will be.

► Value creation is aimed at various categories of individuals or customers, such as core developers, creators of applications, end-users, speculators, ecosystem collaborators, founders, buyers, sellers, readers, writers, investors, influencers, partners, and more.

The foundation of these tokenized structures is the principle that every participant is entitled to receive a portion of the total value generated through their combined efforts.

The Evolution Of Digital and Social Media

Facebook
Facebook's business model revolves around capitalizing on its users' attention and engagement, including likes, shares, posts, and comments, yet users don't receive any compensation for their contributions. If Facebook were structured as a decentralized entity with a token, users would earn tokens for their participation, which could be traded or redeemed through a liquid marketplace, both within and outside the platform.

Facebook does not engage in economic sharing. However, billions of individuals create and share content for them. Meanwhile, Facebook has been researching user data to understand how friendships on the platform are linked to economic opportunities. They have found that social connections greatly influence people's ability to secure employment, excel academically, and receive assistance in times of crisis. This behavior may harm Facebook as other business models centered around sharing network equity gain popularity.

X (formerly Twitter)
In contrast, Elon Musk's X has relaxed its censorship rules and is currently prioritizing the development of a peer-to-peer payment system. Musk envisions a platform where users can easily transfer funds to others and withdraw their money into verified bank accounts. Furthermore, there are plans to introduce a high-interest money market account to incentivize users to keep their funds within the X platform. This strategy would directly challenge PayPal's dominance in the market, as Musk aims to revolutionize the current banking system.

The payment system will also facilitate X's expansion into the creator economy, which rewards users with at least 500 followers and 5 million organic post impressions in the past three months. These users can now participate in X's Ads Revenue Sharing program, furthering the platform's commitment to empowering creators in the digital economy. 

It’s yet to be determined whether the payment system will include cryptocurrency even though Musk hinted at supporting crypto on the platform, briefly switching out Twitter's bird logo to dogecoin's dog before its rebranding to X.

Markethive
Markethive understands and has embraced the concept of "Tokenization of Work" and has leveraged cryptocurrency and blockchain technology to create a revolutionary platform that is trailblazing a new path in the digital media landscape. This groundbreaking project is the first to venture into uncharted territory that no other platform has dared to explore. Its innovative hybrid model serves as a benchmark for the future of digital media.

Markethive’s vision is a fully decentralized social network inbound marketing and broadcasting platform integrated and operated on a massively distributed database system (the internal giant blockchain), controlled by a smaller external blockchain Markethive’s dApp wallet will utilize. 

Essentially, the Markethive ecosystem has its own financial operating system with its native token, the Hivecoin (HVC), which is used as a medium of exchange and will continually be circulating, earned, and accumulated by users within the Markethive economy.  It allows us to be completely decentralized financially with complete autonomy and protection of our intellectual property, ascertaining a viable and comprehensive ecosystem.

Every member of Markethive, free or upgraded, is rewarded and can earn income with Hivecoin in many different ways daily. The only prerequisite is to refer three people to Markethive. Other opportunities include becoming a shareholder through its Founders Token representing the ILP or the Entrepreneur One Upgrade and using the staking advantage provided by our crypto wallet with Markethive Credits. 

Additionally, members can profit from the multiple cottage industries within the Markethive ecosystem. It is important to note that venture capitalists or corporations do not fund Markethive. Instead, it is the community itself that owns Markethive, with no hierarchy in place.

In Closing

We have come a long way since the advent of social media, and tokenization is just one of the ways to reward its users and promote a more equitable distribution of wealth. However, regulatory obstacles pose a significant challenge to the widespread adoption of tokens. So, to overcome these hurdles, it's crucial to facilitate open discussions about tokens and embrace the various applications that incorporate them. By doing so, we can create an environment conducive to the growth and acceptance of tokenization.

 


 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

The Remarkable Influence of Markethive E1 Subscribers

The Remarkable Influence of Markethive E1 Subscribers

If you are one of the Markethive E1 subscribers who have been supporting the development of this innovative social network, you deserve a big round of applause. Your monthly contributions have helped build a powerful ecosystem that is transforming the way people communicate, collaborate, and professionally grow online. You are part of a visionary group shaping the internet's future.

Markethive is a social network with a purpose. Its purpose is to empower entrepreneurs, freelancers, artists, activists, and anyone who wants to make a positive impact in the world. The company respects your privacy, rewards your participation, and gives you access to cutting-edge tools and resources to help you achieve your business and personal goals.

Thanks to your support, Markethive stands out as a genuinely unique player in the world of social networking, inbound marketing, and cryptocurrency. It's a unique space where entrepreneurs connect and grow their businesses in a safe and supportive environment. And guess what? It's all made possible by your fantastic contributions, our noble investors.

Your monthly support isn't just about the numbers; it's about fueling the development of new features, improving the user experience, and broadening the platform's reach. This has turned Markethive into a social network that's truly one-of-a-kind. And you know what? It's all thanks to you.

When you invest in Markethive, it's not just about backing a platform; it's about supporting a movement. It is a movement dedicated to empowering entrepreneurs and helping them thrive in today's digital economy and a movement for you to attain financial freedom. Your monthly contributions are the powerhouse behind this incredible social network, and we're here to illuminate the extraordinary journey we've embarked on together. Cheers to building something extraordinary! 

A Social Network with Heart

Markethive is a God-given vision that has a vibrant community with a beating heart. What truly makes Markethive stand out goes beyond its features; the authentic sense of community sets it apart. And guess what? You, with your unwavering commitment, are the reason behind this unique environment where members aren't just users but a supportive family.

In this community you've helped create, people don't just navigate through features; they support each other, share valuable knowledge, and cheer for each other's successes. Markethive, in essence, is more than a mere platform; it's a family, and you're the driving force behind the warmth and connection of this company.

Through your dedication, you've carved out a space where individuals from all walks of life can connect and grow together. It doesn't matter where someone comes from, how much experience they have, or what their goals are, Markethive is a place where everyone is welcome. It transcends being just a social network; it's a movement, and you, my friend, are the catalyst for this transformative change.

You have helped build a magnificent sanctuary that isn't just a space to market products or services; it's a place where meaningful relationships are formed, new skills are learned, and contributions to the common good are made. Markethive has evolved into more than just a social network; it's a hub of shared passions, and you are the reason behind that infectious passion. Cheers to creating a space that goes beyond the ordinary, where genuine connections and collective growth flourish! 

Markethive: A Unique Competitor

One of the incredible things about Markethive is that it isn't just taking on the local scene; it's gearing up to compete with the heavyweights in the global social network and crypto project arena. What sets Markethive apart? It's not just about the tools and features; it's about the community, the spirit, and the commitment to empowering entrepreneurs.

In the vast landscape of social networks and crypto projects, Markethive stands out as a unique player, driven by a genuine passion for entrepreneurship and innovation. While others may focus solely on functionalities, Markethive places a premium on fostering a community of like-minded individuals who are not just users but active contributors to each other's success. So, as Markethive steps into the ring with other giants, it brings not just a platform but a movement dedicated to the rise of entrepreneurs and reshaping how they connect, collaborate, and thrive.

Your generous contributions have fueled the creation of a versatile space where entrepreneurs can do more than just dip their toes into the business world. Whether crafting a compelling blog, launching a dynamic campaign, connecting with like-minded individuals in a group, or gaining insights from a webinar, Markethive provides the infrastructure for entrepreneurs to expand their businesses.

The Ripple Effect: Your Investment, Our Collective Growth

Your E1 subscription is more than just a tick on your to-do list. It's like throwing a pebble in a pond, and the ripples? They're pretty darn amazing. When you sign up for the E1 subscription, it's not just about you; it's about a shared vision we're all painting together. Your commitment starts a ripple effect, and those ripples? They touch every corner of the Markethive community.

Now, why does this matter? Well, it's like planting a seed. Your investment grows into something much bigger, benefiting not just you but everyone in this dynamic Markethive family. Think about it: by backing our mission, you're not just getting the key to a toolbox; you're also handing out keys to others. Tools, resources, opportunities – it's like a treasure chest, and you're sharing the loot.

But it goes beyond that. Your support is like a booster for our innovation engine. It helps us fine-tune the platform, making it Fort Knox secure, ready to handle growth, and user-friendly for every tech level, from newbie to pro. And here's the cool part: your E1 subscription? It's not just a thumbs-up emoji for our vision. It's the fuel for our collective growth. Picture it as a bunch of friends on a road trip; everyone pitches in for gas, and suddenly, you're cruising farther and faster.

Together, we're not just building a platform but creating a wave of positive change. Your contribution might seem like a drop in the ocean, but guess what? Those drops add up, creating a tide that lifts all boats. So, keep riding this wave with us. Your investment isn't just about today; it's a high-five to the future. Let's keep creating those ripples, one subscription at a time, and watch how we can make a splash in the world. Let’s get ready for the ride.

Why Your Continued Support Matters

♦ Keeping the Innovation Wheel Turning

Keeping the innovation wheel turning is like keeping a good story rolling. It's all about the ongoing journey, not just a single chapter. At Markethive, we're on a mission to provide top-notch solutions for your online marketing adventures. Picture it like constantly adding cool twists and turns to a thrilling plot.

Your support is the fuel that keeps our innovation engine running smoothly. We're always cooking up new and improved tools, like a writer crafting a captivating sequel. Your feedback and suggestions? They're our plot twists, helping us fine-tune the narrative and make Markethive the go-to platform for all the entrepreneurial storytellers out there.

So, here's to you, our loyal readers and contributors. Together, we're shaping the ultimate success story in the ever-changing digital landscape. Cheers to keeping the pages turning and the innovation flowing!

♦ Expanding Reach and Inviting More to Join the Movement

This company is a fantastic ecosystem where dreamers, doers, and change-makers come together to make a positive impact. But guess what? We're not doing the solo journey; we want you on board!

Markethive empowers entrepreneurs, visionaries, and changemakers to pursue their dreams and positively impact the world. But we can't do it alone. We need your support to spread the word and invite more people to join our community.

By contributing to Markethive, you are helping us grow our network, enhance our features, and create more opportunities for everyone. You are also enriching the community with your unique insights, experiences, and skills. Together, we can make Markethive the ultimate hub for innovation, collaboration, and social good.

♦ Leave Your Mark on Markethive's Future

So, when we talk about Markethive, we're not just talking about a regular platform. It's a big project, a legacy in the making. Now, why do I say that? Your support and involvement in Markethive are like planting a tree that will keep growing and making a difference.

Think of it as leaving your mark on this mind-blowing social network. Your actions and your support all add up to something much bigger. It's not just about today; it's about the lasting impact you're making for the future. You're part of something extraordinary, and together, we're creating a story that will be remembered by generations yet unborn.

So, every time you engage with Markethive, you're essentially contributing to this bigger picture, leaving a kind of "indelible mark" – a mark that won't easily fade away. You are part of a journey where your steps matter, shaping what's coming next, which is this year. Markethive is launching from the depths of the oceans to the top of the highest mountains.

Conclusion: Together, We Build the Extraordinary

In wrapping up, we want to express our most profound appreciation for each Markethive E1 subscriber. Your contributions have transformed a vision into reality, creating an extraordinary social network that continues to redefine the landscape. As you consider your monthly E1 subscription, know that it's not just a transaction; it's a continued investment in something exceptional.

Your monthly subscriptions serve as the lifeblood of continuous innovation. 
We thank you for your continued support and loyalty. We appreciate your trust and confidence in our vision and mission. We hope that you are happy with the results that we have achieved so far and that you are excited about the future that we are building together.

We also invite you to keep supporting Markethive and to spread the word about it. The more people join Markethive, the more value it will generate for everyone. The more E1 subscribers we have, the more resources we will have to improve and expand Markethive. The more feedback we get, the more we can tailor Markethive to your needs and preferences.

You are the reason why Markethive exists. You are the reason why Markethive is extraordinary. You are the reason why Markethive will succeed. Thank you for being the heart and soul of Markethive. Let's continue this incredible journey together! Remember, your E1 subscription makes Markethive extraordinary. 

 


 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

2023 Entrepreneur One Bonus Fulfilled 2024 E1 Bonus Opportunity Closing Soon Don’t Miss Out The Markethive Quest Will Make History Will You Join Us?

2023 Entrepreneur One Bonus Fulfilled. 2024 E1 Bonus Opportunity Closing Soon. Don’t Miss Out!  The Markethive Quest Will Make History. Will You Join Us? 

Markethive is unyielding in its pursuit of innovation, striving for excellence in creating a groundbreaking platform that surpasses conventional social media and marketing tools. By prioritizing user experience, Markethive integrates advanced technologies that enable efficient broadcasting, expanding your reach and influence. Markethive's newly introduced Wallet, which serves as a comprehensive financial and accounting center, draws comparisons to a bank due to its capabilities, assets within it, and high level of security. 

By embracing the cottage industry concept, Markethive creates opportunities for individuals to achieve financial independence within a sovereign and merit-based environment. This unique concept is entrepreneurial at its finest and is exclusive to Markethive, but its impact extends beyond the platform to the broader online community and cryptocurrency domain.

Markethive Has Delivered

Markethive, as promised, has delivered a highly complex, unique financial system unfathomable to most. This system is robust, impenetrable, and represents the future of serving entrepreneurs worldwide. Our progress has been made possible by the unwavering support and contributions of the Entrepreneur One community and ILP holders.
 
These individuals recognize the tumultuous state of the world and believe that Markethive's vision holds the key to freedom of speech and financial independence for those who embrace its framework. By leveraging Markethive's tools and systems, businesses can flourish, and individuals can secure a brighter future for themselves and their communities.

The Entrepreneur One members (E1) also gain advantages from Markethive's generosity through the Initial Loan Procurement or Incentivized Loan Program (ILP), positioning themselves for long-lasting financial prosperity through the income generated by Markethive's retail products. Markethive's various sources of revenue will supply the funds required to make interest payments to E1s and ILP participants.

Entrepreneur One Loyalty Bonuses

Accordingly, Markethive rewards the loyalty of Entrepreneur One members by granting them annual bonuses in the form of ILPs. Note that the 2023 bonus of one whole ILP to each E1 associate who has maintained their subscription for the past 12 months has been credited to your wallet. 

The 2024 bonus, which consists of one full ILP and 1000 Hivecoins, was recently announced. This reward will be given in January 2025 after a 12-month period. Only Entrepreneur Ones are eligible for this initiative, but for a short time, free members can upgrade to an E1 membership for $100 per month. To qualify for the bonus, members must maintain an active subscription for 12 consecutive months, and they will receive one complete ILP and 1000 HVC in January 2025.

You have until January 31st, 2024, to take advantage of this offer and secure an Entrepreneur One subscription, making you eligible for the bonus. Time is of the essence, as less than two weeks remain before this opportunity expires.

It’s important to note that Markethive does not engage with prominent venture capitalists to secure funding. Instead, we depend on our community, as we prefer to contribute back to the community. The ILP can be likened to shares in the company. The only difference is that it functions as a loan from you to Markethive, considered an assumable note. Since it is a debt instrument, it is not subject to taxation.

Despite the significant advancements we have achieved in the advancement of our system, there are still crucial elements that require completion before we can proceed into the retail products phase. These products will yield substantial profits for Markethive and its entrepreneurial contributors. Thus, your assistance is still vital to help us reach this goal. 

Entrepreneurship Threatened

Entrepreneurship is being threatened throughout the world by a collectivistic ideology of the 1%. The global elites are infiltrating governments globally with the imperative to assist them in their quest to fix the issues in the world, such as poverty (among other matters), with the notion of equality, diversity, and inclusiveness. 

However, they are killing the free market and pure capitalism. Not cronyism, which, unfortunately, many believe is capitalism, but true capitalism in which entrepreneurs thrive. An entrepreneurial world fosters growth of all kinds: personal, industrial, financial, and creative. It also encourages critical thinking, freedom of expression, sovereignty, and liberty for all. This attempt at oppression in Western countries, where freedom is sacrosanct, has been in execution for decades, with an awakened minority daring to stand up to them and their corruption.  
  

One Historic Speech That Says It All

Several speeches and quotes throughout history have deeply moved global society and invoked a sense of wisdom in an attempt to change the world. However, these speeches have been brushed aside by the evil globalists, who are virtue signaling well-being for humanity while actively devising the complete opposite.  

President John F Kennedy had a profound impact on citizens across the world as he stood against tyranny and fascism. He was a true leader and humanitarian who cared for society but couldn’t do it alone. He asked his fellow Americans, “We the people,” to join him in a stoic effort to defend Freedom so that civilization could enjoy the blessings of a fruitful life. The following is an excerpt from President Kennedy’s heartfelt speech in the Inaugural Address in 1961. 

"…Now, the trumpet summons us again. Not as a call to bear arms, though arms we need. Not as a call to battle, though in battle we are, but a call to bear the burden of a long twilight struggle year in and year out, rejoicing in hope, patient in tribulation, a struggle against the common enemies of man ― tyranny, poverty, disease, and war itself. Can we forge against these enemies, a grand and global alliance?  North and South, East and West that can assure a more fruitful life for all mankind. Will you join in that historic effort? 

In the long history of the world, only a few generations have been granted the role of defending freedom in its hour of maximum danger. I do not shrink from this responsibility; I welcome it. 

I do not believe that any of us would exchange places with any other people or any other generation. The energy, the faith, the devotion, which we bring to this endeavor will light our country and all who serve it, and the glow from that fire can truly light the world. 

And so, my fellow Americans, ask not what your country can do for you; ask what you can do for your country. My fellow citizens of the world, ask not what America will do for you but what together we can do for the freedom of man. 

Finally, whether you are citizens of America or citizens of the world, ask of us here the same high standard of strength and sacrifice which we ask of you. With a good conscience, our only sure reward with history, the final judge of our deeds, let us go forth to lead the land we love, asking His blessing and His help, but knowing that here on Earth, God's work must truly be our own."

J F Kennedy. Inaugural Address, – January 20th 1961

The essence of the passage above correlates with Markethive and its Divinely inspired vision to provide a haven for freedom of speech, personal and financial sovereignty, and a God-given right to prosperity, abundance, and well-being.  We are the generation chosen to fight for and deliver this vision in these dark times. 

In the spirit of what President Kennedy said to his congregation, the energy, faith, and devotion we bring to Markethive’s endeavor will light our ecosystem and all who serve it, and the glow from that fire can truly light the world. Additionally, ask of us here at Markethive the same high standard of strength and sacrifice that we ask of you. 

Thomas Prendergast, founder and CEO, has dedicated his life and every last penny to the Markethive vision, a truly selfless undertaking to lift entrepreneurs and restore the spirit being stripped away by oppressive measures. We boldly declare our determination to remain unyielding against oppressive rulers in the international arena. We refuse to be deterred by the ideologies of communist regimes or the ambitions of the global elite seeking to establish a new global order. So we ask of you, will you join us in this historic effort? 

So, Will You Join Us In This Historic Effort? 

Every one of us is engaged in this shared vision of a global entrepreneurial sanctuary that champions individual freedom. Many of you have been indispensable in shaping our journey thus far. We've made tremendous strides in building this system and are now on the cusp of sharing it with the world. However, we require additional support to realize our vision fully.

We need more of you who possess the power to drive us forward by obtaining an Entrepreneur Account or reinstating your existing Entrepreneur One account. Alternatively, you can also purchase an extra Entrepreneur One account. Together, we can reach new heights and make a lasting impact on the world.   

Remember, by subscribing to Entrepreneur One, you are lending funds to Markethive and supporting its mission to create a cutting-edge platform that will revolutionize the way we network and do business. As a subscriber, you'll play a crucial role in shaping the future of entrepreneurship and reap substantial financial rewards for your commitment and perseverance.

We look forward to sharing the prosperity of this groundbreaking giant in the tech, social media, marketing, and crypto industries with all of you at Markethive. Providing financial support is to be a voice that persistently advocates for freedom, autonomy, critical thinking, and expression. Rather than surrendering to obscurity, we are constructing a realm that illuminates the path and unites entrepreneurs and fellow visionaries to establish a more ethical and transparent business environment. ― An ecosystem that contributes to your livelihood and empowers you with financial freedom.

May God grant us all with wisdom, faith, and serenity.  

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

Markethive Gearing Up To Launch Its ICO With A Difference

Markethive Gearing Up To Launch Its ICO With A Difference

And It's Not an IEO, Not a STO, Not an IDO

Continuing from our previous article, the allure of Initial Coin Offerings (ICOs) has diminished in recent years. An ICO is a process in which a cryptocurrency startup endeavors to generate interest in its digital currency project by promoting it on its website. This was a new phenomenon in crypto and financial markets in general, allowing individuals to purchase the newly created crypto token directly from the company behind the project. 

No restrictions or regulations were involved, and speculation rather than substantial foundations drove the majority of ICOs. Much of the hype surrounding ICOs attracted casual investors who hoped to achieve significant financial gains despite these projects often being based solely on concepts.

Numerous ICOs faced issues with regulatory entities as their tokens were classified as securities rather than utility tokens, resulting in multiple cryptocurrency companies being required to pay fines and reimburse investors. In the United States, the Securities and Exchange Commission (SEC) has struggled to establish a legal definition for tokens in cryptocurrency since the emergence of Bitcoin.

While ICOs were initially created to generate funds in a space without regulations, many deceitful ICOs were launched to exploit unsuspecting investors. By the end of 2017, China enforced a ban on ICOs, causing the cryptocurrency industry to search for alternative methods to finance emerging enterprises. This article will explore the various alternatives for ICOs and delve into the plans for Markethive's utility token, Hivecoin, in the coming year.


Source: Binance Square

Initial Exchange Offering (IEO)

Initial Exchange Offerings (IEOs) are fundraising events for crypto start-ups to raise funds through a trading platform. They occur on a crypto exchange for the company launching new tokens. One advantage is that investors may have greater trust as they witness a crypto token sale on a reputable crypto exchange, which enhances the project's credibility.

To raise funds on the exchange, start-ups must pay a fee and give a percentage of the tokens they sell. Once the Initial Exchange Offering (IEO) is finished, the tokens are listed on the exchange, which increases the company's visibility to potential investors. Unlike Initial Coin Offerings (ICOs), where contributions are sent directly to smart contracts, participants in an IEO send their contributions through the hosting platform.

IEOs have gained traction among major cryptocurrency exchanges. Binance Launchpad was among the initial platforms to introduce IEOs in the market, leading to other exchanges quickly adopting the same approach. The primary benefit of these offerings is the enhanced transparency and trust they provide. Since a reputable cryptocurrency exchange carries out the token sale, the risk of fraudulent activities and scams is considerably lower than ICOs. Reputable platforms conduct thorough assessments of projects before making them available to users.

There is a contention that IEOs do not offer higher security compared to ICOs. In the worst case, they can be seen as centralized authorities that control the types of projects that emerge. Furthermore, projects must pay to be included on a centralized exchange, limiting the opportunity to be featured to moderately established projects, not just concepts. Additionally, they may be required to sign agreements restricting them from listing tokens on competing exchanges.


Source: Tokenminds

Security Token Offering (STO)

STOs, or Security Token Offerings, are a relatively new way of raising funds using blockchain and cryptocurrency. They provide an alternative to typical equity investment and are among the most exciting emerging trends in cryptocurrency. Security tokens serve as virtual representations of ownership in various entities such as companies, financial products, investments, securities, and commodities, granting individuals ownership rights in the underlying value of these assets.

The challenges and constraints of obtaining funding from conventional sources have led to the popularity of alternative methods, such as STOs, for sourcing capital. STOs fully comply with laws and regulations, providing a secure means for companies to secure funding. They serve as a platform for start-ups, established businesses, and traditional institutions to raise funds by issuing digital tokens.

STOs are a category of tokens that represent legal ownership of tangible assets in the real world. They provide the opportunity for individuals or entities to obtain ownership rights in digitally secure assets and symbolize ownership in valuable assets such as real estate or company shares. This contrasts the conventional Initial Public Offering (IPO) process, in which companies become listed on the stock exchange.

Instead, companies have the option to create a new enterprise or utilize an already established one with the assistance of smart contracts. These smart contracts are automated legal agreements between two parties stored on public blockchains. This minimizes the challenges encountered in transactions, including issues like fluctuating prices, fraudulent activities, and regulatory compliance complications.

Security tokens are also utilized in the practice of crypto-fractionalization, which involves securing real-world assets through the process of tokenization. Various real-world assets, including real estate, capital markets, commodities, and equity funds, can be tokenized. STOs are specifically designed to meet the regulations set forth by global regulatory bodies such as the U.S. Securities and Exchange Commission (SEC).


Source: Hackernoon

Initial DEX Offering (IDO)

An Initial DEX Offering (IDO) is a contemporary way of crowdfunding or fundraising that occurs on a decentralized exchange (DEX). Unlike previous methods, such as Initial Coin Offerings and Initial Exchange Offerings, where the sale of tokens was controlled on centralized platforms, IDOs offer a transparent platform on a DEX that enables crypto projects to issue and sell tokens to users directly.

The approach has transformed from ICOs, which were troubled by problems like fraud and inconsistencies, to more controlled formats, such as IEOs and STOs. In 2013, the first initial coin offering was held by Mastercoin Protocol, raising $500,000 worth of bitcoin (BTC). IDOs gained attention in 2019 when Raven Protocol made the announcement of the first IDO on Binance DEX.

IDOs have been improving their approaches since they were first introduced, becoming more popular because they are affordable, have fewer restrictions, and give power to individuals instead of central entities. As a result, they have significantly changed the way crypto fundraising is done. IDOs also provide a simpler and more affordable option for smaller projects to release their tokens instead of using more significant centralized exchanges. To ensure fairness, IDOs often have measures to prevent a single investor from purchasing a large quantity of tokens.

On the other hand, it is easier for projects with a questionable reputation to distribute their tokens via IDOs rather than through IEOs on regulated exchanges because there is less oversight on the projects. Moreover, IDOs bypass regulatory approval, increasing the risk of scams and fraudulent activities. Despite these risks, IDOs illustrate a promising advancement in crypto fundraising, demonstrating how the decentralized nature of the crypto ecosystem continues to evolve.


Source: Markethive

Markethive’s One-of-a-kind ICO for Hivecoin

As discussed in a previous article, many fall victim to ICOs. The hype and speculation of its newly minted crypto token are sold to wannabe investors on the promise of high returns and the revolutionary technology and purpose it claims to serve, even though no tangible evidence of its effectiveness exists. 99% of ICOs don’t do what they say they will do, resulting in the naive investor getting stuck “holding the bag” of worthless tokens. Meanwhile, the individuals responsible for the ICOs swiftly exit after amassing substantial funds, seemingly vanishing without a trace.

Markethive is in preparation to launch an ICO-like event, which differs from other coin offerings because it already has an operational system and delivers what other ICOs only promise to give when they commence their fundraising. It's worth noting that Markethive has never conducted an Initial Coin Offering. 

So far, Markethive’s progress has been made possible by utilizing small amounts of money in the form of a loan from members who have subscribed to the Entrepreneur One Upgrade (E1), earning portions of an ILP in return. Additionally, some members have directly purchased ILPs, which also contributes to the development. This method is significantly different from the traditional ICO approach.

As stated by CEO and founder Thomas Prendergast, 

“It’s time to raise money to market and promote Markethive and bring in the millions, if not billions, that can benefit from what Markethive offers. We will raise money not based on speculation but on fact. We’ve already built the system and have our coin with everything ready to go, making Markethive’s ICO very different from all others that have already done ICOs. That should actually have a significant impact on the industry.” 

Thomas also shared his deep concern about the growing population of individuals who are experiencing poverty and financial burden as a result of being deceived, manipulated, and defrauded by online scams. He stated that this concern serves as a driving force behind the development of Markethive, an extensive undertaking intended to establish a platform that can generate a genuine and sustainable income for its users. While Thomas prefers not to speculate on specific timelines, he maintains that despite the obstacles encountered by Markethive, 2024 appears to be the year when everything will come together.


Source: Markethive

So What’s Markethive Got Already?

Markethive offers various features and assets. It has a fully operational wallet and has introduced its cryptocurrency called Hivecoin. With a total quantity of 45 million, Hivecoin is currently used within the platform to make payments and provide incentives. The Markethive Wallet consists of multiple wallets serving different purposes.

  • It’s an Accounting system.
  • It houses The vault.
  • It’s used for Payments.
  • Incorporating a Bitcoin wallet, Solana wallet, and Hivecoin wallet

With its current operational platform, Markethive offers a range of tools and services currently being improved through iterations and UX enhancements. The fundamentals consist of;

  • A full-blown marketing platform.
  • Social network
  • Inbound Marketing 
  • Storefronts
  • Promocodes
  • Customer acquisition 
  • Lead generation
  • Marketing tools

Markethive’s iterations and UX enhancements will incorporate multiple feeds and be likened to;

  • Twitter, a microblogging feed
  • YouTube, a video feed
  • Google Blogger, a blogging feed
  • Scoop.it, a curation feed.

Markethive has been at the forefront of introducing unique initiatives and projects that remain unparalleled in the industry. It combines an automated marketing system, an inbound marketing platform, and a social network. By merging various types of social networks into one and transforming it into a broadcasting platform, Markethive has established itself as a pioneer. With a rapidly expanding community of over 200,000 members, Markethive continues to flourish. 

The Next Four Big Milestones

1: E1 Exchange. The EX1 permits the purchase and sale of Entrepreneur One subscriptions. E1 is an exclusive framework created to financially support Markethive and provide users access to all the platform's tools. Since the company will no longer offer E1 subscriptions, the only means of obtaining one is through the E1 marketplace, where existing E1 holders may choose to sell, making it a highly valuable and scarce asset.

2: Promocode System. The Markethive admin panel has a promocode system that generates unique codes for E1 members. These codes offer giveaways like Hivecoin, Markethive credits, Boosts, and Wheel of Fortune spins. Each E1 member will receive a specific promocode to promote Markethive on different websites and attract potential users. Any signups, bonuses, or airdrops resulting from these promotions will be credited to the person who acquired the prospect.

Entrepreneur One members will also be provided with a control panel where they can create their own Promocodes. They can select the rewards to offer, which can be purchased through the shopping cart. Additionally, Promocodes can be used for individual groups or storefront signups. For example, if someone joins your group, they will receive a gift. The Promocode is made for Markethive’s social network and has never been done in this industry. 
 

3: Premium Upgrade. The Premium upgrade will replace the E1 upgrade. Those with Premium upgrades will have access to all the features and benefits of the E1 package, except for ILPs or Banner Impressions. The cost for the Premium upgrade will be significantly lower than the E1, which is $100 per month and will be classified as a retail product that generates revenue.

4: Login Registration and Incentive. Upon signing up for Markethive, you will be required to complete the Know Your Customer (KYC) process. You will have 30 days to do this, as indicated by a countdown clock that will periodically remind you. After completing your KYC, you will receive a free 30-day Premium Upgrade. Additionally, you will be eligible for an HVC airdrop, and if you used a Promocode during registration, you will also receive all the incentives associated with that particular Promocode offer.

The KYC procedure has been streamlined and now involves recording a brief one-minute video of yourself to demonstrate your identity and provide your credit/debit card information. A small sum will be deducted as part of the verification process. It is worth mentioning that you do not need to submit any other forms of identification. Please be aware that you will only receive bonuses, airdrops, or promocode offers once you have successfully completed the KYC process.

An added bonus is that once KYC status is fulfilled, it will allow you to withdraw HVC from your Markethive wallet; however, in keeping with our security protocols, you must activate the 2FA authenticator to access your wallet. 

On completion of these milestones and the Markethive ICO websites to be used in the ICO campaign, Markethive will embark on an ICO-like event to fund the marketing of these milestones and increase Hivecoin awareness. The funds raised will also pay for the cost of an ICO-dedicated platform and employ it to launch Markethive’s ICO and to guide Markethive on the ICO journey. 

While it is unnecessary for Markethive to be listed on a cryptocurrency exchange to launch an ICO, it would be advantageous to have one. In addition to Markethive’s plans of establishing their own dedicated offshore crypto exchange, Markethive is vetting various crypto exchanges for listing Hivecoin and introducing Markethive to the global cryptocurrency market.

Exciting Update for Members of Entrepreneur One! 

Every single Entrepreneur One member will receive the signups resulting from the ICO campaign as well as the Promocode site to promote the ICO and with incentives such as Markethive giveaways. 

This is the year when Markethive becomes revenue-oriented and retail-oriented with the new dashboard, state-of-the-art capture page system, and autoresponders. These are retail products and are separate from the free marketing system provided to free members. 
 
Additionally, Markethive will promote its system and launch an ICO-style campaign to drive in the multitudes, with the aim of having hundreds of millions of members in the Markethive system. Markethive is expanding the scope and depth of its vision in what it's building for all humanity. 2024 really looks like the year Markethive will ascend to new unprecedented heights and give back to the community that has upheld the Markethive vision. 

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley