Tag Archives: Blockchain

FORCE MULTIPLIERS IN MARKETING AND SOCIAL MEDIA

FORCE MULTIPLIERS IN MARKETING AND SOCIAL MEDIA

Entrepreneurs face many challenges that can make it difficult for their businesses to survive and prosper year after year. As is commonplace, the problem is how to use the limited resources available to you, be it time or money, for maximum impact and profit. These issues are addressed when force multipliers come into play. What are they, and how important are they? 

It was the military who recognized that force multipliers were a critical element long ago. One example is a troop multiplier adds something to an existing military capability, making it more potent by increasing its size, or machine guns are a force multiplier for rifles.

Another example is the military would incorporate sniper training into all topics designed to increase snipers' value as a multiplier of the armed forces and ensure their survival on the battlefield. 

Force multipliers are defined as something that allows you to achieve more with the same or less effort than when you switch from a screwdriver to a drill; force multipliers can be critical to the business's survival.

 

What Are Force Multipliers In The Online World? 

The force multipliers are strategies, tactics, tools, software, and things that could give you an advantage and make your business more competitive than what you are already doing.

Force multipliers allowed me to grow exponentially and to reach an outcome that I could not have achieved in other ways. A force multiplier will enable you to scale quickly and efficiently and gain opportunities that you could not otherwise be able to.  

They are synergistic and have a dramatic force multiplication; they positively impact the company, its customers, and the economy on the whole. A small force becomes a force multiplier because it gives you an unfair advantage over a larger, more entrenched competitor with a similar business model. 


Image courtesy of Dan Seaman – Markethive Entrepreneur 1

 

It is corresponding to the military, especially when it comes to unfair advantages. You add night vision equipment to a carefully selected, highly trained group of soldiers, and you have a dramatic increase in forces. 

In the military definition above, the focus is on adding a capability. Markethive's focus is on adding processes because we want the sum of the marketing parts to cohesively come together and be larger than the whole marketing effort. In most other organizations, force multipliers are mainly operational to improve store operations or manufacturing productivity.

Force multipliers in marketing begin with strategy and process. Today's marketers must create new strategies because we all know the marketing landscape has evolved and changed dramatically, equally impacting retailers and brands. Linear thinking is doing business in the foregone era of yesterday. Force multipliers explode the myth of linear thinking to allow marketing teams and companies to keep up with the pace of change.

Every brand needs a Force Multiplier if it wants to see growth. The challenge is finding the right force multipliers to apply to your business.

The marketplace continues to change, and the change is constant. There is no end to the shift messengers affecting the marketplace. It suggests the urgency for identifying the force multipliers that can drive your brands' growth. They need to be identified and cultivated. Mentioned below are seven force multipliers;

Sharing Info And Content On Social Networks    

The ability to do this with the speed and interactivity of sharing on many social media platforms is a vital force multiplier. The broadcasting capabilities and interconnectivity of various social media platforms available to Markethive entrepreneurs allow for exponential reach. They are working in synergy with the Markethive social media platform for a more customized, personal, and interactive collaboration.

User-generated Content Attracting Feedback and Reviews

The ability to make user-generated content available to other users immediately is a positive force multiplier. However, the ability to generate online feedback and ratings can also be an opposing force multiplier if, as an entrepreneur, you are not attentive or decide to question your customers' view of reality. Be vigilant and empathic to your audience.

Blockchain – A Force Multiplier  

Blockchain and smart contracts are new ways and have been developed to reward and influence people who participate in crowdsourcing at a low cost. Crowdsourcing funding for concepts allows entrepreneurs to bypass professional investors and venture capitalists to obtain the financing of efforts to enable new platforms to meet the users' needs. The Incentivized Loan Program (ILP) is a perfect example.

Cryptocurrency is used as a micropayment to reward users' for activities. Also, loyalty and bounty programs with gamification make for a fun and lucrative environment that is not only a force multiplier but a game-changer. 

Storefronts and Campaigns

Markethive's storefronts and marketing campaigns associated with any given storefront a Markethive entrepreneur creates is a superior force multiplier. Within the storefronts/groups, we have integrated broadcasting to the entire group members' social network accounts facilitated by the group administrator. 

Blogging systems that empower the team, management reports for the admin showing each member's actions within the system (like blogging, autoresponder production, capture pages, posting to the news feed, running ads, sponsoring new members). A group rotator to share the results of the traffic generated by the group, and a co-op's ability to raise funds and shares for group ad campaigns.  

Advocates Should Be Nurtured

Advocates are a valuable force multiplier. These dedicated fans and partners believe in your brand, cause, or product so much that they do the hard work for free. These supporters become influencers for many undecided people, talk to them, and see them as a step forward in customer loyalty and engagement. 

Situation Awareness And Network Connectivity

Another powerful force multiplier allows your company or business to be proactive to crucial changes and act before everyone else does. What it means is that your network has the right people and groups listening to the correct information at the right time and place so that you can make quick, informed decisions. It improves your awareness of the situation in real-time – time for decisions and is an essential part of your marketing strategy. 

Pre-empt Immediate Future Changes  

Competent predictions of the future are the supreme force multiplier, and most companies are still considered laggards in using analytics and data intelligence. Law enforcement agencies already use predictive hot spots to predict security emergencies and health-care authorities to forecast needs. 

Any network needs to take advantage of trends and directions. Predictive analytics, such as analytics for anticipating short-term and long-term change, is an effective way to identify trends and demands at all times. It is the epitome of an innovative culture

 

Expand With Force Multipliers  

Suppose you want to expand but only reach one customer at a time or one market or partnership. In that case, you will never grow fast enough to be competitive, particularly against the larger players with complete infrastructure in the market. Force Multipliers allows you to grow, scale-up, and achieve opportunities that you would not otherwise be able to facilitate. 
   
Businesses and marketers must continuously look for forces that can multiply the impact of productivity. We have limited resources and time, and we have to use the right multiplier for each element. 

 

ecosystem for entrepreneurs

Enter Markethive

Let's break down the name – Markethive;

"Market" represents a robust portfolio of integrated and useful inbound marketing tools, like email autoresponders, social media broadcasters, capture pages, blogging platforms, SEO platforms, lead management, and analytics.

"Hive" represents the social network found within the system. It is a new type of social network called a Social Neural Network. This "Hive" concept gives massive leverage to campaigns, easily managed, and extremely powerful.
    
Regardless of your level of drive, Markethive will add to your agenda, broaden your reach, build your sphere of influence further and more significantly than anything before has even attempted to do.

Markethive is a combination of LinkedIn, Facebook, Marketo, and Fiverr and it is free. Driven by Blockchain technology, you have a full suite of powerful Inbound Marketing systems integrated into an intuitive social network that pays you to participate! 

The cottage industry is alive and well within Markethive, generating many cottage businesses as individual entrepreneurs. There are the money machines like BIX, built by Markethive to allow any associate of Markethive to utilize and prosper within the Markethive system. 

There are many more money-making platforms to be integrated into the system in due course. These hubs and portals are other forms and can also be identified as force multipliers. 

There are upgrades like any other platform (The Entrepreneur One Upgrade, with more entry levels to come); however, you have the essential tools required for inbound marketing as a free member. Also, a place in our social network, plus you will be paid for all your activity on the platform once you refer three of your colleagues or friends to markethive.  

We have here the world's first entrepreneur business person's social network, with the entire system offered predominantly for free to the whole worldwide market of entrepreneurs. 

That includes small businesses, local businesses, regional businesses, global businesses, cottage industries, real estate agents, mortgage brokers, insurance agents, affiliate marketers, software innovators, musicians, churches, political platforms, political candidates, distributors, network marketers, innovators, and dreamers!

Save money, eliminate your Internet marketing costs, increase your reach, grow your market, and make money with Markethive, the Social Market Broadcasting Network – The Force Multiplier. 

 

ecosystem for entrepreneurs

 


Written by Deb Williams
Chief Editor and writer for Markethive.com, the social, market, broadcasting network. An avid supporter of blockchain technology and cryptocurrency. I thrive on progress and champion freedom of speech and sovereignty.  I embrace "Change" with a passion, and my purpose in life is to enlighten people en masse, accept and move forward with enthusiasm.

 

 

TP

Increase Earnings Being Active on Social Media

Increase Earnings Being Active on Social Media

Today, Social networks are incredibly popular. From Twitter to TikTok, about 3.8 billion people are using them in all their many forms. On average, internet users are spending 2 hours, 24 minutes every day on social media.

Because of their popularity, social networks are an excellent place for finding new connections or sharing pictures from recent activities, and finding new customers for a business. One of the great things is that you don't even need to run a business yourself — you can profit from promoting someone else's products or services via affiliate marketing.

 

Affiliate Marketing in a Nutshell

Affiliate marketing online is digital marketing, whereby you generate earnings from promoting companies' products and services. You receive a commission for purchases by new customers you have introduced to a company. The more new customers you refer to purchase a product, the greater your earnings will be. As mentioned above, social media can be a tremendous source of referrals for you.

 

Which Social Network Should You Use?

Almost all of the more popular social networks provide the necessary infrastructure for doing affiliate marketing activity. Even on Instagram, where link usage is limited, you can still refer your target audience to an affiliate link in your bio.

The question becomes which social media channel will work best for you. If your preference is to transmit your message with text, Facebook and Twitter are most likely be the preferred choices. 

If you would instead communicate to your audience with pictures and short videos, then Instagram should be your critical social media channel. Marketers who enjoy making how-to and product review videos have Youtube available to host them — remember to put your affiliate link in the description.

While it's possible to use multiple social media platforms simultaneously, always keep in mind that quantity should never be pursued at the expense of quality.

 

Rules to Follow:

It's no secret that most people hate advertising. So when promoting items in your posts on social media, it's essential to follow specific rules:

1. Always provide value.
Short posts that say things like, "Use Go Daddy for domain registration" or "Get 20% discount at Go Daddy" with an affiliate link to the website. This doesn't allow any engagement and will result in disappointment from your audience. The critical rule of Twitter, as an example, is to develop a relationship with your community, so don't just focus on sales. 

Giving advice that provides solutions on forums like Quora or Reddit is a great way to brand yourself while giving value. The answers and recommendations you give should be valuable content that pertains to the enquirer. It's advantageous to describe a personal experience, a problem that you solved, the research you conducted (e.g., about specific or new Top Level Domains (TLDs), hosting uptime, etc.).

2. Link to articles on your website.
Provide additional details, context, and engagement by linking to a post on your website, which in turn connects to affiliate products. Tell a compelling story and build stronger relationships by presenting opinions, information, and content of an influential nature. 

3. Balance out different types of content.
It might seem that users are always happy to get news about a promo or a deal, but everything of one type becomes annoying fast. The answer is to provide a balance between educational or entertainment content and promo content.
 

 

4. Use shortened URLs
Long URLs will make your post cumbersome and unappealing.  It's good to know there are many link shortener services out there. On Twitter, the links are shortened by their service — t.co. Or you can use a third-party link shortener, such as Bitly or TinyURL.

Additionally, a lot of affiliate networks have affiliate link shorteners right within their platform. The top link shortener I've seen is Markethive's Tiny URL

The Tiny URL tool lets you convert lengthy URLs in to short URLs, use in social posts, email, and take up fewer characters in Twitter tweets. It's the perfect way to handle long affiliate URLs as well.

In addition to creating a more friendly URL, the platform will track visitor stats for you. It's the perfect tool to analyze your promotional results, better understand your target audience's interests, and optimize your social, email, and other marketing campaigns.

You can even use the Tiny URL tool together with the Website Rotator tool that automatically rotates to the websites you choose. Very powerful for teams working together to promote a single URL.

5. Refer to the most relevant page.
For example, if you're describing a special promo — refer directly to the promo's landing page, which will increase your conversion rate.

 

6. Include pictures and videos in your posts.
Including pictures and videos is one of the top ways to draw attention to your post. If you do affiliate marketing on Instagram, it's better to use your compelling pictures or videos rather than ready-to-use pictures or affiliate banners as they will appear more natural in your audience's feed.  

7. Make posts regularly.
Trying not to appear pushy doesn't mean you should disappear. Setting up a schedule for your social media activities will ensure you don't run out of ideas and content. You can plan the testing of different approaches and strategies.

Markethive's Blogging Platform includes dynamic benefits. Just publishing on the platform provides traffic. Your blog platform gives you a visitor display at a glance. Also, in development, you will have a separate, dedicated tracking feature showing statistics for deep traffic analytical detail on visitors. The data includes country origin, time on site, bounce rate, referrers, keywords, social sites, and a data-driven matrix. 

8. Leave a disclaimer.
Build transparency and increase trust by being open with your audience and adding disclaimers to your posts. This way, your audience has all the facts — and keep in mind that faith means loyalty, which means more business. 

 

It's Time To Act

If used properly, social media can be a powerful tool for your affiliate marketing success and increase your earnings. Follow the basic rules and tips listed above, and even social media newbies can quickly achieve great results. 

 

ecosystem for entrepreneurs

 


Written by Gene Aasen
Entrepreneur 1 and Writer for Markethive.com, the social, market, broadcasting network.  I’m a strong advocate of the Markethive mission for technology, world progress, and freedom of speech. I support change and endeavor to help others understand, grow, and move forward with enthusiasm to achieve their goals. 

 

 

TP

MARKETHIVE – Entrepreneur One Upgrade Explained

MARKETHIVE – Entrepreneur One Upgrade Explained

Markethive’s Entrepreneur One Loyalty Program takes on a new meaning and concept. 

Loyalty programs have become second nature and intrinsically crucial to many businesses and us as consumers starting way back in the 1970s with Airlines offering frequent flyer points. There are now many different loyalty programs; however, the most common is the Point Program, where customers accumulate points to redeem their rewards. 

Loyalty Programs were basically introduced to increase the customer base and the company's bottom line and create the potential for loyal consumers and repeat business. 

The image below illustrates the top 5 categories in which loyalty programs have been successful where the Spend has increased, are fundamental to our daily living—one way we can save money by being in their loyalty program. As a customer, it's very satisfying to know we've saved money, but is there a way to make money? 
 

 
Make Money with Markethive's Hybrid Loyalty Programs

Loyalty Programs have evolved online with Markethive at the forefront, embracing the loyalty program's concept and enhancing it with the opportunity to earn a significant income and rewards. Markethive will be offering a continued stream of loyalty programs such as the Entrepreneur 1 Loyalty Program and Bounty Program. 

The E1 upgrade includes products and services like Press releases, Banner Impressions Exchange, banner and video advertising, and matching coin bonus airdrop. Then there's the Vault, even gamification, and much more as we continue to improve and enhance the incentives for Markethive members to achieve their personal and business goals with the result of universal income and self-sovereignty.

 The Entrepreneur 1 Loyalty Program 

Cost $100 per month

The Entrepreneur Loyalty Program is E1 (Entrepreneur One Upgrade) and is available now, but for a limited time. Each E1 Associate receives a 1/10th of an ILP (Incentivized Loan Program) after 12 months of consecutive payments of $100 per month. Even when this closes, you will never lose your E1 status or the benefits, providing you stay current with your monthly payment. Each year the 1/10th or 10% share of 1 ILP will accrue provided you are active for ten years until you have acquired one full ILP.

Here Are 15 Extra Advantages of the Entrepreneur One Upgrade

The Entrepreneur One Upgrade is the premium highest level you will ever have the opportunity to acquire. It contains all the leveraged advantages you need to accelerate your success in Markethive. Apart from the 1/10th ILP, you receive after 12 months that accumulates every year after that, providing you stay current with your monthly subscription of US$100, you also qualify for the following: 

1. Associates Control Panel: Gain full data, their social networks, verified phone and text, verified email, and a contact management system that tracks data, stores dated notes, sends messaging and calendars events reminding actions on your Markethive calendar like callbacks, email, etc. with the Associates' Control Panel (Part of your Friends section)
 
2. Primary Matching Airdrop Bonus: Receive a 100% matching bonus from the new registration Airdrops. This can be a significant reward for those that aggressively build "associates," the term used for the leads, Markethive provides (profile page and default capture page). Our first infinity airdrop will be 500 MHV coins

It doesn't take a lot of effort to offer a powerful and valuable system as the Markethive system that also rewards new members with an immediate 500 coin reward. You can easily promote this and build 1000s of referrals to add up to significant coins and customers.
 
3. Secondary Matching Airdrop Bonus: When your associate customer upgrades to Entrepreneur, we airdrop them 100 coins, and you will also receive 100 coins as a matching bonus.
 
4. Matching ILP Loyalty Program:  You also get an equal ILP share after 12 months of continuity with the Entrepreneur program from your referral who upgrades. What that means is liken to an ICO, your monthly payment is accrued, and if you stay current for 12 straight months, we contribute to you a full 10% ILP and continue to offer this 12-month reward for ten years or your stop payment. This offer is limited to the first 1000 active upgrades.
 
5. Banner Impressions Exchange: You also get unlimited 1st level Banner advertisements in all of our traffic portals and Internet properties. This offer is incredibly valuable as it's considered prime real estate. Markethive properties are already receiving significant traffic, and as we grow, this traffic is included with the Entrepreneur 1 upgrade. Each E1 member gets an equal share of the total number of impressions from the massive traffic Markethive receives. 

Markethive has released the first of many money machines being the Banner Impressions Exchange (BIX). Non-Entrepreneur 1 members can also purchase banner impressions from the active Entrepreneur 1 associate who wishes to resell their impressions. These banner slots will only be available to buy from current Entrepreneur 1 members. Now that's a cool little business right there! 
 
The Banner Impressions Exchange is where any E1 associate can create a Banner Ad business within the Markethive system by listing their unused Banner slots/impressions up for bid. Choosing to transact with MHV is very easy as payments are automated within the system. You may also transact using BTC, ETH, Paypal, and others; however, you need to manage the transactions as the seller.
 
 6. Press Release Program: Markethive will also be delivering a Press Release system as a hybrid liken to PRNewswire (traditional distribution) to include Forbes, Yahoo! Finance, CNNMoney, MarketWatch, TheStreet.com, Bizjournals.com, Business.com, Wired, Tech Crunch, Engadget, Computerworld, CNET News, InformationWeek, R&D Magazine and more in the Tech industry. Our Media List will be greater than 4000 media organizations, journalists, reporters, bloggers, producers, freelance writers, and editors across print, online, blogs, radio, and television.

 It will also publish to our growing social network followers (146,500 and growing via MH subscribers) and increasing WordPress blogs. When Markethive reaches 1 million members, our Social Following is projected to be at (700,000 – 2 million followers total) and about 150,000 WordPress sites. 

These WordPress sites will be mini news media and vertical news media like https://aimhigh.news along with publication to Markethive's portfolio of sites like https://Markethive.com, https://Markethive.net, https://allaboutco.in, https://aboutbitco.in, and https://aboutco.in.
 
Cointelegraph, a vertical tech news media organization, which charges about $8,500 per release with an Alexa rank (2,622), social followers (1.3 million), and 16,000 subscribers justifies their price. Markethive's press release will be priced accordingly and increase as our subscribers' reach grows. The second-biggest digital news media site to Cointelegraph is CNN, with an Alexa rank (15,665) that charges $1800 and only posts to their main site front page.

The Entrepreneur One Upgrade will include one Press Release per month for life as long as your Entrepreneur One Upgrade remains active and current. The free press release does not roll over, although additional Press releases will be discounted.

7. Sponsored Article Program: Sponsored content is a piece of brand journalism that lives on a publisher's website. The publisher's staff usually writes it, so the article matches the rest of their content's tone and voice. The Sponsored Article is published to the same distribution Markethive articles are posted on plus, notification of articles are sent to our social network, and 1000s of connected WordPress sites. Sponsored articles run from high-end media sites like Cointelegraph for $7500 to an average of $1200 for most other media systems in the general markets.
 
8. News Feed Boost: Entrepreneurs get one news feed boost (publish a post to the entire membership) per month. This does not accrue.
 
9. Co-Op Customer Acquisition Program: Markethive strategic campaigns will designate 60% to 80% of our revenue into Marketing and Advertising campaigns. These campaigns will point to Markethive assets like:

  • Markethive.com
  • Markethive.net
  • Aboutco.in
  • Allaboutco.in
  • Aboutbitco.in
  • Ewav.net
  • Iwav.net

Traditional Customer Co-Op programs charge $50 to $100 per customer. Cooperative marketing programs foster teamwork between a brand (Markethive) and its channel partners (Markethive Subscribers). Channel partners often don't have large marketing departments. 

Markethive is more equipped to create professional advertisements and deal with media placement. Markethive Entrepreneur Upgrade subscribers generate the demand, and Co-op marketing programs take advantage of the sales channel's local presence. This benefits both the partner and the brand.
 
10. Commerce Portals: To sell on our commerce portals, like Big Kahuna (A website builder like WIX), Beelancers (A freelancer service like Freelancers), Markethive Exchange (A full-service crypto exchange like https://idex.market/), you must be an active Entrepreneur One Upgrade to sell or trade. This eliminates processing fees and commissions found on Freelancers, Upwork, Guru, etc. 

Buyers have no obligation other than free registration with Markethive. This change in services where it is traditional to be constrained into the platform and pay high processing fees and commissions are eliminated with the Markethive Entrepreneur Upgrade system.
 
11. Crowdfunding Portal: If Markethive engages (likely we will) with a crowdfunding campaign, promoted to top crowdfunding systems like ICOranker, ICObench, Tokentops, Airdrops.io, and Cryptoslate.com, etc. We will be sharing the campaign traffic via all Entrepreneurs through our crowdfunding portal @ Markethive.io and giving all Entrepreneur Upgrades their own self replicated portal to help in the campaign. 

These portals will earn equal matching shadow shares if they bring in new ILP purchases and be traffic portals acquiring new members.
 
12. Texting: Ability to send a text to your Associates. Limited to one per day per Associate
 
13. Upgrade Groups to Store Fronts: Storefronts have landing pages, forms, shopping carts and designed to act as a vertical eBay or Affiliate portal.
 
14. Advertise to the Calendar: Publish events to your calendar included in the main Calendar page within Markethive.
 
15. Video Advertising: A video ad portal will be included with the Entrepreneur One, similar to the banner portal.

 

 

Let's Look At The Numbers Of The ILP Income Potential

The E1 Associates' share of the ILP represents 20% of the net revenue of Markethive and, based on real internal statistics and tracking, the projections indicate that by 2023 a member base of 500 million will yield a monthly income of $5.6 billion. 20% of that equals $1.2 billion allocated for the ILPs, divided by the maximum of 1000 ILPs, and returns a $1.2 million payment per ILP. 1/10th of that ILP (earned via the E1 upgrade) returns a monthly payment of $120,000. 

Even the external statistics confirm Markethive's projections, like our Alexa Ranking currently sitting at 3,797 at the time of writing, display Markethive is at the top 3 of similar sites in the industry. Blockchain technology and cryptocurrency have made it so easy for Markethive to pass on the benefits and wealth to the community. 

This opportunity of upgrading to the Entrepreneur One loyalty program where you will receive a 1/10th iLP every year you are active and current will soon disappear, so don't miss out. Instead of a few investors taking the lion's share of the profits like all other platforms, Markethive is giving you the chance to be part of the early adopter phase. You will own a piece of this next-generation social market network that includes everything you need to be successful online. 
   
It's not about the bottom line for Markethive; it's about you, the member, the "rank and file." You are a virtual owner of Markethive; it's your company where you receive valuable tools and considerable returns from the ILP. The ILP is on track to commence revenue payments early next year and will grow as Markethive grows.

 

 

Moving Forward

As Markethive moves forward, we will be introducing some entry-level loyalty programs offering some extra fundamental services for those who cannot upgrade to the Entrepreneur 1 level. Stay tuned for that. The Apprentice Program will be entry-level available, costing a fraction of an E1 upgrade; however, it will not include the ILP increments. 

And of course, don't forget about the Referral Program that will unlock your Micropayment Faucet System. The Bounty program, Hive Rank, and MHV HI-LO game bring gamification to the Markethive ecosystem, making it fun, exciting, and increasing your earning potential within the hive. More about this in upcoming articles. 
 

 

Everyone Succeeds

Markethive truly wants everyone to succeed and as we are blockchain driven with our own consumer coin, (MHV), this is a reality and very much the future of social market networks. Now there is a real place to earn real online income while doing what you love. 

You can feel safe in knowing your data is protected and self-sovereignty is paramount in this collaborative environment. You are respected as an individual and your loyalty will be rewarded as Markethive is on track and on time with its milestones and set to deliver the additional promised services. Markethive’s traction is increasing exponentially and it’s all coming together as the next generation Market Network in a league all of its own.

 The Entrepreneur One Upgrade is a reciprocal blessing of a divine vision. 

How can you forge your future as an Entrepreneur and get your share of ILPs with the Entrepreneur One Loyalty Program? By clicking on this link… https://markethive.com/?upgrade

ecosystem for entrepreneurs  

 


Written by Deb Williams
Chief Editor and writer for Markethive.com, the social, market, broadcasting network. An avid supporter of blockchain technology and cryptocurrency. I thrive on progress and champion freedom of speech and sovereignty.  I embrace "Change" with a passion, and my purpose in life is to enlighten people en masse, accept and move forward with enthusiasm.

 

 

TP

Wall Street’s Narrative of the American Dream Is One Of  Deception

Wall Street’s Narrative of the American Dream Is One Of 
Deception

MARKETHIVE AN INSPIRING STORY
 
With the entrepreneurial spirit, the qualities of integrity, wisdom, and benevolence manifest, which achieves much more than just a fat bank account. 

 

The Inspiring Story of Entrepreneur Teeka Tiwari

I didn’t always have a Porsche 911 GT3 RS. I didn’t always have a multimillion-dollar real estate portfolio. And I certainly didn’t always have the freedom to travel the world, first-class, with my family and loved ones. Had you met me as a child in Britain’s foster system, you never would’ve thought I’d be writing this today. 

You see, I grew up dirt poor. Food stamps, clothing vouchers, free school lunch – the whole nine yards. My early years were spent ping-ponging between group homes, foster homes, and hospital wards (I was very ill as a child).

Looking back, I was an outcast in many ways. I was ashamed of being in foster care and would lie about it. As far as anyone else knew, I lived with my mother. That meant I was socially isolated. I couldn’t take the risk of people finding out, so I kept everyone at arm’s length. Sitting here 35 years later, I have no idea why I cared so much about other people knowing I was in foster care. But I did.

With everything I had stacked up against me, I had one thing going for me: a dream. I know that sounds corny… I think it does, too. But my dream of a better future allowed me to bear the burdens of my present. I don’t know what I would have done without it.

I dreamt of a better life – one where I could come and go as I pleased on my own terms… and buy what I wanted for those I cared about. I even went so far as to cut out pictures of New York City’s skyline. I imagined myself walking between the skyscrapers… living the life of a Wall Street hotshot. 

You have to understand how absurd that dream was at the time. Here I was – a 13-year-old boy with no connections, no prospects, an average student lodged deep into the British foster care system. By all reasonable observations, my dreams were delusional. And many good-intentioned people tried to talk me out of them.

But I was stubborn. I refused to believe the “good life” was only for a secret select few. I don’t know why I believed this… but I believed if I looked long enough and worked hard enough, I could find a pathway to my dreams. All I had to do was keep looking and keep trying.

My Path to My American Dream

Finally, I got my first big break, and it took me to New York City. (How that came about is a story for another day.) On July 9, 1987, I touched down in America at JFK International Airport with only $150 in my pocket. Soon enough, I was working three jobs. And I offered to work for free on Wall Street… until a Wall Street bigwig gave me a shot.

Make no mistake, I had humble beginnings. I started off as an assistant for the big-time brokers. But “assistant” is too fancy a title. I was a glorified gopher. I was the guy getting the coffee, the dry-cleaning, the breakfast order, the lunch order, etc. I never complained. I was just happy to be in the room. As my brokers bossed me around, I acted like a sponge, soaking in all the knowledge I could. And much to my mentor’s surprise, I aced the Series 7 brokers exam.

In two years, I became the youngest vice president in Shearson Lehman history. After 15 years on Wall Street, I left and ran my own successful hedge fund for a decade before retiring. And today, I’m living my American Dream.

Here’s why I’m writing this… Everything you’ve been told about achieving the American Dream is wrong. And I want to change that…

My Dream Came at a Cost

It took me two years to attain my dream of working on Wall Street. But it came at a cost… I couldn’t help but shake the feeling it was happening at the expense of other people’s dreams. 

Wall Street trained me to focus on putting fees first and customers second. For years, I toed Wall Street’s line that it takes 40 years of sacrifice – of locking your money away in fee-laden funds – just to achieve your dreams. But behind your back, I saw them laughing at you – the clients we were supposed to help.

You see, Wall Street has spent billions of dollars conditioning you to keep your money with them your whole life. That’s how they get all their fees. They don’t want you to be rich. They don’t want you to be financially independent. They want you constantly putting your money in their high-cost funds for the next four decades… so they can buy their fancy cars, put their kids in nice schools, and go on their great vacations.

One day, it hit me. I had become a parasite. I was feeding off others without providing value in return. As I faced that realization, I knew I had to make a radical change. So I quit my job… leaving millions of dollars on the table. I decided to launch my own independent research firm to share my insights with regular investors. I started building my life around the idea of giving others value in order to receive value.

 

Turning the Tables

Since leaving Wall Street, my goal has been to help create more millionaires than any other financial newsletter editor in the U.S. And I’m proud to say my ideas have helped numerous Americans achieve their dreams… I know this year has been rough. In the first 12 weeks of the pandemic, over 40 million people lost their jobs. At the same time, we’ve seen billionaires collectively grow a half-trillion dollars richer.

So people are saying, “Forget the American Dream. I’d just like to get back to even.”

https://www.brownstoneresearch.com/authors/teeka-tiwari/
 

EPICENTER FOR ENTREPRENEURS

The Rise Of The Entrepreneur

Teeka's story embodies an Entrepreneur's qualities and identifies some additional challenges brought on by the Big Bank's and Main Stream Media's brainwashing and misdirection techniques. The opportunities for success and financial freedom are still plentiful but have taken on different forms with the massive changes going on in the world today.

To identify and take advantage of these emerging opportunities in the most efficient manner requires an Online Digital Presence with the necessary tools that are integrated into a system that provides transaction speed, privacy, and security built on Blockchain technology.

Currently, there is only one system that provides everything today's successful entrepreneur needs on one platform. 

The Markethive Inbound Social Marketing platform has it all. Their tools include email autoresponders, blogging platforms, storefronts, landing pages, social media broadcasting, tracking analytics, SEO, backlinking automation, messaging, e-commerce, and SEO, and more. 

Markethive is a Blockchain-driven system with cryptocurrency and all the fundamentals required to facilitate a successful, long-term business, building loyal customer relationships.

Integrally, it's a meeting place for aspiring entrepreneurs of all niches from all walks of life, where they can learn and earn in a collaborative culture. Markethive is a sovereign platform, built for the people, by the people, and of the people.  

This platform is a dream come true for all individuals and companies requiring a presence online in a world much maligned by monopolies. 

For additional information or to become a Free Member of Markethive, Click on the Banner below:

ecosystem for entrepreneurs  

 


Gene Aasen
A Markethive Entrepreneur and a strong advocate of the Markethive mission for technology, world progress, and freedom of speech. I support change and endeavor to help others understand, grow, and move forward with enthusiasm to achieve their goals. 

 

 

 

TP

Your Secret Business Tool – Social Media

Your Secret Business Tool – Social Media

Over time, some social media platforms can lose their initial popularity or significance. However, 'socialness' never changes. Regardless of the platform, each one gives businesses unequaled access and insight into their customers. When this information is used thoughtfully, businesses become privy to their customer's innermost thoughts, questions, interests, concerns, and dilemmas. In this post, we will look at how and why social media is the secret tool for operating a successful business.

 

Start With Building Trust

Without question, trustworthy companies are created from enduring relations. Customers initiate their transactions with 'company reps', irrespective of the company's status. So, to grow these business relationships, trust must be involved. But how do you start building trust? Here's how:

You Need To Be Present

The key is being available to the community members. For example, answer and follow up with all the direct messages and comments from users. Give value to those who read and interact with your posts. View them as people who may promote your business. Not as data or credit cards. They are people.

Display Your Humanity

Showing your face in a video or an occasional selfie can really resonate with customers. Seeing you online for a long time can make them feel like they know you because they've seen how you interact with people and what you post. Showing some humanity is valuable because your followers are interested in knowing you, not just what's being marketed. Examples are posting photos of fun company staff outings or perhaps retweets from admired companies/individuals.

Additionally, don't forget the power of humility. Trust can be built by admitting your mistakes. Sharing content describing what you've learned along the way is a great place to start, along with adding a bit of humor.

Be Transparent

Trust gets built from being helpful and being honest. Just as you can see that with friends, it's also true on social media. Honesty should be applied to your customer's questions and queries. Transparency shows that you do care about them. Responding quickly and even quirkily to every customer query, whether or not they're worthy of being answered in the first place, can generate higher engagement and often praise from the social media community.

Along with being honest and transparent, having a consistent tone is vital to building trust across social media. If the best manner of voice for your business is friendly and conversational, reflect that in all the captions, answers, and messages you post and send to your users.

Even though it can take a lot of time to build up trust, it takes very little time to break it. Trust can be destroyed in an instant if people' sense' you are misleading, deceptive, or you promote some specific cause and do nothing to support it.

Learning to Listen

So far, we've outlined the importance of building trust by being present, human, and transparent. Now we'll focus on understanding the power of listening. Most people listen with the intent to reply rather than the goal to understand. Especially with social media. No matter if it's what people say about your product or service, what your competitors are doing, or what the buzz is in your industry, the key to success is listening with the goal of complete understanding. When you know what's going on in your respective industry, you're more apt to find your way to participate in that conversation.

 

Creating Valuable Content

The term "valuable content" for digital users has different meanings for different people. A useful identification filter to use is "help, don't hype."

Listen to the questions being asked in your industry and answer them with your product or service. Inherent value is created when problems such as "How is this done?", "Where can I find that?" or "How does this work?" are resolved rather than just selling your products. Users get the distinct impression that you know what you're doing, and they can really trust your products or services, even if a specific product isn't mentioned anywhere in the blog post.

Here are some ways to begin creating content that's of value to your users, no matter what your area of business:

Make Your Content Customer-Focused

Many companies nowadays post information about their business. The content becomes more valuable to a customer when it's personalized for them, answers a problem they might have, or inspires them. Customer-focused content is what helps your customers make informed decisions and keeps them returning to you.

Request Real Feedback

The famous phrase, "There's no such thing as a stupid question." is especially true when it involves your audience. Encourage them to ask questions and provide their feedback. You cannot define what is valuable. Only your audience can. So ask. Every question that your ideal client asks is an opportunity to create valuable content that answers that question. To determine what content appears to deliver the largest impact on your audience, review your website analytics. You can also check your website analytics to find out which content seems to have the most audience impact and concentrate on producing additional content in the same arena.

Produce Content That Reflects Your Business

Valuable content helps people to understand your product or service and stimulates positive engagement amongst the users. However, this doesn't mean re-strategizing content purely for higher engagement levels. For success on social media, your content needs to be useful and informative, or people will look elsewhere.

Which Platform Works Best for Relationship Building?

Your best social media platform to use is the one where the people you want (your potential customers) are the most active. It might be Twitter, Instagram, or one of several others.
You will need to review your business and resources. Here are some of the top social media platforms:

  • Facebook. Here you are able to interact with possible customers, competitors, professionals in my space, find new friends, and increase value. It has the most members worldwide based on population percentage. You can interact with other members, build connections, and trusted relationships. Additionally, you can benefit from Facebook ads along with 'audience tracking'. You have a dynamic retention tool in Facebook groups, where you can have one-on-one exchanges regularly with platform members.
  • Instagram. Because of its pictorial nature, Instagram is inherently very appealing. With its feed and content, members are able to have interactions in various ways from the same location.
  • Twitter and LinkedIn. The Twitter and LinkedIn platforms are a dynamic pair for social marketing. They help you to engage prospects, find alternatives, and maintain connections until people are ready to buy or would refer you to someone else.
  • Markethive. Markethive delivers an Inbound Marketing platform equal or superior to Marketo and Hubspot. It includes email autoresponders, blogging platforms, landing pages, social media broadcasting, Tracking analytics, SEO, backlinking automation, messaging, e-commerce, and SEO. The benefits of these systems are to "attract," "convert," "close," and "delight." Building a large loyal long term customer base.

Improvement Of Your Social Media Presence

Social media is never a 'One and Done' relationship. It is always ongoing and evolving. What's critical is knowing it's not only concerning increasing your number of customers but also about extending your capacity and impacting your business sector. With the intention of advancement, review these useful guides:

  • Compose a conversation. Keep in mind you should be talking, not broadcasting. Since Social media utilizes conversational platforms, you should concentrate on creating conversations. That includes listening, questioning, and speaking with people, not at people. These days audiences are sick and tired of being talked at by individuals that just broadcast. They want to connect, and you can make the connection by involving yourself in their conversations.
  • Update & Optimize your social media Bio's. This is the initial image that potential connections will have of you. Unless your profile stands out from all the others on social media, your results will be less than you would like. Identify your points of difference and share them.
  • Try A/B testing. First, brainstorm for interesting, fresh topics that would reflect your business's image. Next, run the projects through a test in terms of their subject matter, post times, and headings by managing the results. If the results are favorable, proceed to the next test. For example, on Facebook, post a rough draft on a certain topic and see the response, i.e., questions asked, comments, and likes. From there, you can determine whether to leverage the quick post into longer-form content, such as a blog post or email.

 

Looking Ahead

Always remember, it's not about the technology; it's about the people. Social media platforms, without a doubt, can bring us together on both a personal and professional level with others. Perhaps the best way to move ahead, no matter how big or small your business, is using social media as a tool for understanding people. When your business prioritizes this understanding using open and honest engagement, trust can be slowly built, and success can indeed be had.

 

ecosystem for entrepreneurs

 

A Markethive Entrepreneur and a strong advocate of the Markethive mission for technology, world progress, and freedom of speech. I support change and endeavor to help others understand, grow, and move forward with enthusiasm to achieve their goals.

​​​​​​​

 

TP

THE FUTURE IS BRIGHT FOR MARKETHIVE… 

THE FUTURE IS BRIGHT FOR MARKETHIVE… 

…and all who sail in her

"Where there's a will, there's a way". 

Markethive has come a long way since the days of being the first automated marketing platform back in the mid-1990s. Thanks to the onset of Blockchain technology and the innovative culture of Markethive, with its visionary leaders, C.E.O., Thomas Prendergast, and C.T.O. Douglas Yates, we have seen significant progress with each milestone accomplished along the way in a timely fashion. 

Throughout Markethive's evolution, we have experienced some adversity, and Markethive has prevailed because it's driven by the divine vision of the omnipotent Lord, God. Today's global landscape of spiritual war has only made it more vital to move forward to the next level to deliver the fruits of our labors and goodwill. 

As explained by Thomas Prendergast,

"Markethive is our life's work. We do not build it for our own wealth and recognition. We aspire to build it to give the Lord all the glory, that in reality, we are but the masons, the carpenters, and the Lord is the architect and the main contractor." 

Given the repudiation of mainstream social media and the like, this is Markethive's time to shine. 

 

 

What Is Markethive’s Current Worth? 

The team behind this monolithic project is driven non-stop, working around the clock to render Markethive Adsense friendly, gain approval, and get the green light with external ad agencies to turn on this advertising revenue stream. 

The first will be Markethive.com, which will then branch out to Markethive.net, .org, and the many other domains Markethive has acquired. 

These added revenue streams will see Markethive in profit, and subsequently, the current I.L.P. holders will start receiving the promised dividends.    

The potential income for Markethive with these revenue streams is currently estimated at $426,540 per month, reaching a number into the millions per year, as shown in this independent study.

Markethive’s Current Goal Is Fast Approaching

Markethive's imminent goal is to move into the profit column with this added revenue and start paying out on the I.L.P.s as well as launching the Markethive Coin (M.H.V.) onto the exchanges to provide value and liquidity for the Markethive community. 

Markethive, the company has purposely not engaged any venture capitalists to assist in a more rapid advancement as its goal is to share the profits with the loyal users of the Markethive platform. 

The expected future forthcoming advertising revenue will give us the ability to move forward as planned. It's happening now as the ad agencies have approved Markethive and now awaiting activation. 

Markethive is the next generation of social media and inbound marketing on the blockchain, growing and becoming more prevalent each day by giving the power back to the people.   

 

ecosystem for entrepreneurs

 

Still Time To Join Our ILP Family

I reiterate, this is happening now; however, there is still time to join the I.L.P. family. You can purchase an I.L.P. or a percentage thereof by contacting C.T.O., Douglas Yates, or C.E.O. Thomas Prendergast on our Telegram channel

Or become an Entrepreneur One loyalty member by clicking on "Loyalty Programs" in the Markethive Home page's main menu. Time is limited with this offer, so don't delay. 

To find out more or refresh your memory about the I.L.P. read this article; THE INCENTIVIZED LOAN PROGRAM (I.L.P.) A Powerful Way To Spread The Wealth.

Helping us by being part of our I.L.P. family will bring great rewards. These reciprocal blessings are what make Markethive unique where the prosperity goes to the people of the Markethive Community.   

Thank you for your understanding, support, and above all, patience, as we move forward to accomplish another of our milestones and deliver on the I.L.P.s as promised. 

 

ecosystem for entrepreneurs

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

 

 

TP

PAST, PRESENT, and FUTURE of DIGITAL PAYMENTS

PAST, PRESENT, and FUTURE of DIGITAL PAYMENTS

PAST PRESENT FUTURE OF DIGITAL PAYMENTS

The 3 Cs – Contactless, Cashless, Crypto

We have experienced an architectural shift in the way we handle our financial transactions, particularly over the last decade. More recently, since the new safety regulations introduced and enforced due to the pandemic, consumer behaviors have changed to a more contactless and cashless way of buying things in-store with more businesses transitioning online. With this comes the rise in digital payments.

The world-renowned entrepreneur and engineer, Ken Olsen was quoted back in 1977 as saying,  "There is no reason for any individual to have a computer in his home". That was around the same time I was receiving my wage as cash in a little yellow envelope. 

To be fair, that quote was taken out of context and what he was referring to was computers set up to control houses, not your average pc, however, today that’s exactly what’s happened. Many in our society have installed technology with many if not all appliances armed with computers that connect them to the internet of things. 

I’m personally still wary of this and wouldn’t have it in my home, but the smartphone used for digital payments instead of cash, yes, absolutely. A more convenient and secure way to manage finances given the improved security we now have with ongoing advancements to address the arising needs in the future. It’s even eliminating the need for physical credit/debit cards.  

One Hundred Years Ago…

Electronic payments became a thing when the first was the charge card issued by Western Union back in 1921. Not long after department stores, hotels, and service stations also began offering charge cards. Diners Club was introduced in 1950, then came American Express and the BankAmericard founded in 1958 which then became Visa in 1977. 

Since then, we saw the videotex system in the mid-1980s which from all accounts the world wasn’t ready for so it didn’t take off. It’s also worthwhile mentioning that in 1983, David Chaum, an American cryptographer, started work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” This was the very beginning of cryptocurrencies.

Online banking and bill pay came into play in the mid-1990s along with the first-ever online purchase in 1994. Accounts of who actually was the first vary but this video by Shopify reveals who the credit goes to. 

 

Let’s take a look at the digital payments timeline which began just over 25 years ago and how it’s evolved as a solution for global transactions that reach into the $trillions every year.

Online Digital Payments Timeline

The origins of digital payments began when a 21-year-old entrepreneur Dan Kohn in Nashua, New Hampshire, sold a CD over the internet via credit card payment.

►1994: First online purchase is made
    A CD of Sting’s Ten Summoner’s Tales is sold for $12.48 on NetMarket.

►1995: Amazon.com launched its online shopping site and eBay was also introduced.

►1997: First mobile payments and first contactless payments
    Coca-Cola installs two vending machines in Helsinki that accept payment by text message.

►1999: Paypal launches electronic money transfer service
    Early on, PayPal’s user base grew by nearly 10% daily. Tesla CEO Elon Musk and venture capitalist Peter Thiel were among its co-founders.

►2003: Alibaba launches Alipay in China
   Today, the mobile payment platform has witnessed stunning growth — leveraging digital wallets accepted by merchants in over 50 countries and regions.

►2007: M-PESA creates the first payments system for mobile phones
   Kenya-based M-PESA launched its mobile banking and microfinancing service. Today, it has over 37 million active users on its platform across Africa.

►2009: Bitcoin enables secure, untraceable payments
   Satoshi Nakamoto develops the first decentralized payment network in the world.

►2010: The first Bitcoin purchase took place
   Two pizzas were purchased for 10,000 BTC on May 22, 2010. Given the current price of Bitcoin, that 10,000 BTC is worth around $129 million USD today.
    
►2011: Google Wallet is launched
   In partnership with Citibank, Mastercard, and Sprint. 

►2013: WeChat Pay is rolled into the popular messaging platform
   By 2018, it surpasses 800 million monthly active users.

►2014: Apple Pay launches
   To its iPhone users, Introducing widespread biometric authentication.
   This is followed by Android and Samsung Pay a year later in 2015. 

►2014:Ethereum launched
   Vitalik Buterin launches Ethereum, building decentralized applications such as Smart Contracts which allow for autonomous and more complex payment transactions on the Blockchain.  

 


Image credit: Visual Capitalist

By 2023, over $2 trillion of mobile payment transactions could be authenticated by biometric technology. The use of biometric identification management technology for accurate customer identity verification has proven to deliver efficiency and convenience for organizations and also helps comply with government regulations to prevent identity theft and money laundering. Biometrics use intrinsic data, allowing for immutable identification and verification of people, and is fast and simple. 

As technology continues to transform, advances in digital payment technologies and cryptocurrency are creating a knock-on effect worldwide. 

What Does The Future of Digital Payments Look Like

According to Deutsche Bank Research, the coming decade will see digital payments grow at light speed. That will lead to the death of the plastic card. In emerging markets, the effect could arrive even sooner. Many customers are transitioning directly from cash to mobile payments without ever owning a plastic card.

In a recent survey, most plan to use a smartphone wallet more in the next six months, and most believe that digital wallets will replace traditional wallets within the next five years. 

As more people use and rely on their smartphones for digital transactions as a means to manage their affairs and purchases with post covid guidelines, a number of other technological innovations may well be instrumental in shaping the evolving digital payments industry.

TECHNOLOGICAL INNOVATION FORGING THE FUTURE

♦ Messaging-app payments
   Facebook Messenger, WhatsApp, and WeChat can leverage the reach of billions of users.

♦ Multi-dimensional Digital Wallet 
   Markethive is releasing its wallet to facilitate messaging, P2P, ecommerce, micropayment, and crypto transactions to its users reaching into the millions

♦ Voice-activated commands
   Paying for gas, groceries, or retail via voice could soar.

♦ Biometric payments
   Smartphone biometric security features could spur traction across digital payments.

♦ Blockchain wallet adoption
   Blockchain wallet users are predicted to soar to 200 million by 2030.

♦ Cryptocurrencies
   Daily transactions of leading cryptocurrencies total at approximately 3 million on average. 

♦ Peer-to-peer (P2P) payments
   Financial Institutions along with credit card companies are investing heavily in P2P partnerships, following PayPal’s lead. 

♦ Hardware & in-store interfaces
   Square, Clover, and Stripe are driving new mobile processing integrations.

♦ Facial recognition
   May soon replace QR codes across retail, transit, and airports in China.

Consumers said they chose mobile payments for the convenience, speed, and absence of fees. Retailers are taking note. Many are installing a mobile payment app “to fit customer desire.” The key benefit is reduced effort with mobile payments, there is no need to type in a PIN or handle cash, which removes a psychological barrier. And then of course there is the contactless aspect of it which has become more prevalent today. 


Image credit: Deutsche Bank

Crypto And Blockchain Experience Significant Growth

There has been significant growth in the use of blockchain and cryptocurrency in digital payments. There is a need and enormous opportunity for the online community to take advantage of cryptocurrency micropayments for engaging, facilitating their businesses and to some extent, gamification is becoming more popular and rewarding.   

Markethive, the Blockchain-driven Social Market Network has realized the potential for cryptocurrency micropayments on its global platform which will extend to external coin exchanges and P2P payments via a multidimensional wallet, which is a POS wallet, a Mining Wallet (through the Markethive faucet systems), a private KYC/AML authentication provider, and a secure messaging system.

Blockchain being the technology behind cryptocurrency is foundational for building the next generation of digital transactions. This will establish trust in the trustless applications that provide transparency and immutability with the added benefit of streamlining business procedures, all of which is considered crucial by users as it enhances openness and efficiency of businesses.

Recently, Paxos’ announcement of PayPal now taking on cryptocurrency with its new service allows users to buy, sell, or hold cryptocurrency with their PayPal digital wallet. This is great for the crypto industry as PayPal will help to increase awareness and adoption along with education and utility for cryptocurrencies. 

A Digital Economy On The Rise

The value of digital commerce and mobile POS payments continue to rise on a global scale with yearly transactions valued at $4.8 trillion in 2020. The industry is undergoing a substantial transition given the disruption and global advancements taking place as key technological innovations are integrated. 

As digital wallets become more mainstream, transactional volumes are estimated to reach $9 trillion annually with online purchases and digital commerce driving the growth. As the industry expands its reach globally, users, consumers, investors, and businesses will all benefit from this transformative shift towards a digital economy. 

The real possibilities in a decentralized, blockchain-based payments world cannot be underestimated. There are various types of payments automated with smart contracts and the Blockchain could ultimately be universal in everyday payments at a society level. 

 

ecosystem for entrepreneurs

References:
Visual Capitalist
Deutsche Bank 

 

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

 

 

TP

BLOCKCHAIN – THE QUIET ACHIEVER 

BLOCKCHAIN – THE QUIET ACHIEVER 

Markethive Blockchain, the quiet achiever

Time For Trustless Trust 

Blockchain technology is what I consider to be a quiet achiever, and is subtly easing its way into the mainstream in many industry sectors that impact all of us in one way or another. Since my previous articles on Blockchain, we’ve seen an increase in the implementation of blockchain technology as now more than ever it has become a “time for trust”, as quoted by one of the big four auditing monopolies PwC.    

Without a doubt, Blockchain technology will have a beneficial effect on every aspect of business in the future, however, this is a gradual process that requires time and patience. Many traditional businesses are mindful of and watching this evolution, but sitting on the fence waiting for more examples of blockchain technology. Why?

Because traditional businesses will require more transformation when integrating Blockchain and will have to completely reconsider their processes to harvest the maximum benefits of this technology.  Meanwhile, companies with a culture of innovation lead the way into this new era of transparency and immutability. 

Although Blockchain was initially considered only suitable for banking, finance, and cryptocurrency sectors, we are now seeing the benefits in many other industries as well. Currently, we have a lot of solutions that are either in the pilot or beta phase or already being utilized in this enterprising way of not only keeping businesses honest but provides a range of benefits for the public.

 

50 Companies Already Using Blockchain Technology
BLOCKCHAIN 101

101Blockchains.com compiled a list of the top 50 companies across a range of industries as indicated in the infographic above, however, I’m going to add an industry that is at the forefront with a metamorphic influence and used by billions of people. It’s infiltrated our daily lives and increasingly is a way of life for communication, work, and livelihoods.  

Numerous giants in this industry have been in the notorious spotlight for misuse of personal data, political bias, and tampering, questionable algorithms to name a few. If you haven’t already guessed, yes it’s social media, particularly Facebook, and will probably be the last, if at all, to align themselves with a transparent, public blockchain for the benefit of its users on every level. 

Truth About FaceBook’s Libra

Even Facebook’s yet to launch Libra coin that has recently come up against regulatory pressure is a private blockchain (permissioned) that uses an access control layer to govern who has access to the network making it more centralized. In other words, validators are vetted by the network owner, unlike public decentralized blockchain where applications can be added to the network without the approval or trust of others, using the blockchain as a transport layer. 

The Libra blockchain would more likely be for financial transactions only and will not benefit from the network effect.  Nor would the issues of privacy and data harvesting be addressed, in fact, Facebook, which ironically banned ads related to cryptocurrency and initial coin offerings, has not said how it might use blockchain technology, so a public blockchain, by its very nature, could well pose a threat to Facebook.

Blockchain is a distributed ledger with data stored across a network of computers and rules that are enforced by its many participants. It’s the opposite of Facebook, which is a massive centralized organization that controls all the infrastructure underlying the 2.7 billion global users on its proprietary social network.

IMAGINE A BLOCKCHAIN FUTURE

Imagine…

Imagine a vast online network where we all hang out, chat, and buy things, but that’s not owned by Facebook, Google, or Amazon. That’s the vision many more people are seeing in blockchain technology as it becomes more understood. The companies using blockchain technology are actually securing their place in the changing ecosystem.

As 2020 comes to a close, there are now over 3 billion social media users around the globe using some form of social media, many are marketers, either for companies or in business for themselves. 

Blockchain technology as a foundation in social media will be able to solve the problems related to notorious scandals, privacy violations, data control, and content relevance. 

The integration of a decentralized blockchain ensures that all the social media published data remain untraceable and cannot be duplicated, even after its deletion. Furthermore, users will get to store data more securely and maintain their ownership. 

Blockchain also ensures that the power of content relevance lies in the hands of those who created it, instead of the platform owners. This makes the user feel more secure as they can control what they want to see. 

There are many upcoming social media platforms built on the blockchain, primarily used for sharing content through blogging and being rewarded with their native cryptocurrency. In my research, I’ve found some doing well, while others have tried and failed. Below I’ve outlined a few that stand out. They are each compared with a Web 2.0 platform or as close to it. 

SOCIAL MEDIA ON BLOCKCHAIN

Bitchute: is a peer to peer web torrent video sharing platform, predominantly funded by users’ donations and scaling memberships. Monetization including tipping creators’ content is handled by 3rd party processors via Bitbacker, Coinpayments, Paypal et al. The responsibility for payments are passed on to the user, not Bitchute. Primary user interests: politics, activism. Alexa ranking: 2,172. Comparison: Youtube.

Steemit: Steem blockchain-based social media platform. Earn Steem coin and Steem Dollars which is a USD soft-pegged asset to post, comment, and curate. Primary user interests: advice, finance, economics. Alexa ranking: 20,069. Comparison:  Reddit.

PeakD:  Underpinned by the Hive which is a new blockchain that originated as a fork of Steem. In February, TRON acquired Steemit, Inc., which allowed it to gain control over Steem. In response, several Steem nodes and users created Hive, introducing a new governance model that is designed to prevent anyone from gaining control over the blockchain.

Despite those differences, PeakD social media functions are very similar to those of Steemit. Users can post content on the social blogging platform, Peakd. Users receive HIVE crypto tokens for posting content and commenting on that content. Primary user interests: Blogging, miscellaneous communities. Alexa Ranking: 40,004 Comparison: Markethive Social Media Platform

Minds: is an open-source social media platform. You can earn Minds ERC20 tokens for contributions. Minds measure your contributions to the network on a daily basis and you receive a “Contribution Score”. They then calculate how much you have contributed to the network relative to the entire community. That determines the percentage of the Daily Reward Pool that you earn.

Users’ only receive credit for unique interaction, meaning you can only earn credit from another unique user once per metric per day. (eg. If a friend votes on my content 100 times in a day, I will only get credit for 1 vote).
Primary user interests: politics, activism. Alexa ranking: 11,591. Comparison: Facebook.

Narrative: is a user-governed social media platform for bloggers. Earn NRVE tokens to post, comment, curate, moderate, and own niches. Since its inception, some members of the Narrative community have incorporated and are negotiating a new platform with the aim to be reborn with a new platform name along with some improvements integrating to the new Discord server.  Primary user interests: n/a. Alexa ranking: 2,284,842. Comparison: Medium.

Memo: is a BCH blockchain-based social media platform. Earn BCH via posting. Data is stored directly to the blockchain, not the cloud, using OP_RETURN. Using the Memo OP_RETURN Protocol, the message you include with your transaction will show up as a post on the site. You can also use this protocol to like or reply to a previous memo.
Primary user interests: Bitcoin Cash, micro-blogging. Alexa ranking: 214,778. Comparison: Twitter.

However, According to Bitcoin.org the use of OP_RETURN is irresponsible in part because Bitcoin was intended to provide a record for financial transactions, not a record for arbitrary data. Perhaps Memo should build their own blockchain specifically for content and data.

SocialX: is a photo and video sharing blockchain-based platform. Earn SOCX crypto token rewards for contribution and licensing. SocialX is a community-driven social media platform allowing users to publish photos and video content. 

SocialX has created its own blockchain to tackle various challenges associated with blockchain-based projects including the decentralization of photos, video, and other media. 
Primary user interests: Varied content of a social nature. Alexa ranking: 2,223,697. Comparison: Instagram.

Indorse: Ethereum-based coding evaluation and assessment recruiting platform. Earn IND tokens for activity on the network. Primary user interests: coding, recruiting. Alexa ranking: 395,295. Comparison: Linkedin.

Markethive: built on blockchain technology, is a Social Market Network and much more than a social media or blogging platform. It incorporates all inbound marketing tools including SaaS, CRM, AR email systems, eCommerce, along with a digital media broadcasting platform. I am yet to find a blockchain comparison on the internet for Markethive. 

Earn Markethive coin (MHV) for every activity and engagement on the platform as a free member. Be rewarded for your loyalty while building your business online in a collaborative environment. Created for the struggling entrepreneur, delivering a sovereign platform so all have the opportunity to excel and prosper. Primary user interests: business, marketing, blogging, current news, commercial arts, entrepreneurialism. Alexa ranking: 3,152. Comparison: Marketo, Hubspot, LinkedIn.

(Alexa rankings and data retrieved on October 18, 2020)

Blockchain – A Real Differentiator 

Blockchain can be a real differentiator, a new technology with the potential to be a force for good, leaving centralized web 2 platforms behind with their tyrannical protocols.

Blockchain holds different meanings and use cases for different industries, with every industry being able to benefit from blockchain technology, however, by enlarge people still have limited knowledge of how blockchain can be a transformational change to all sectors.

Many cannot see beyond its association with cryptocurrencies and are confused about the differences between blockchain and cryptocurrency. A good way of understanding the relationship between crypto and blockchain is to compare it to an application on your smartphone. (e.g. Menulog or Messenger), and the platform on which that application is running (IOS or Android). Blockchain is the platform and cryptocurrency is an application that runs on the blockchain platform. 

The confusion stems primarily from the fact that the platform (blockchain) and cryptocurrency (Bitcoin) came onto the scene at the same time. The first time blockchain was recognized is when it took the world by storm as the technology behind bitcoin. When in fact, it was first conceptualized back in 1991 using the term “Timestamping”, which was basically an immutable ledger, long before Bitcoin.

More organizations are reassessing their operations as they do battle with the repercussions of the pandemic lockdown of 2020. It has accelerated many disruptive trends that will create entire new markets and displace others in the process. There is a shift towards new ways of working, communicating, and transacting online.

Trust Is Fragile

Trust is faltering, becoming an increasing issue in the digital world and organizations are clearly recognizing the importance of building trust with their people, customers, and business partners. They are paying far greater attention to the risks that undermine trust online such as fraud, data loss, or misuse along with many other forms of cybercrime. 

And in a more traditional sense we have all had to trust the institutions, middlemen, and the powers that be with our finances, documents, data, and the like, for decades, which has historically been the demise of society, even countries, almost becoming 3rd world. This type of trust will become irrelevant in the blockchain-enhanced digital world. 

A decentralized, immutable distributed ledger (blockchain) has been coined as a “trustless” protocol, meaning there’s no need for trust as in the traditional sense. Blockchain technology supersedes the old trust method, transforming into a “trustless trust”. 

 

An Emerging Technology Coming To Light

By integrating blockchain, organizations can build greater trust and transparency in areas such as certification, recruitment, commercial transactions, and the way they secure, share, and use data and content.

An increasing number of organizations are now seeing that blockchain technology provides an opportunity to change for the betterment of all, improving reputation, providing more growth and sustainability, build confidence, and propel any industry forward. 

 

Both Industries And Society Will Reap The Greatest Rewards 

PwC economists expect blockchain technology to bring benefits across a wide range of industry sectors and a lot of the value will be realized behind the scenes. This recent analysis in pdf format estimates blockchain technologies could trigger a $1.7 trillion boost in the global economy by 2030.  

They expect between 10% and 15% of worldwide infrastructure to be using blockchain within a decade with the biggest beneficiaries poised to be the public administration, education, and healthcare sectors. 

Also, wholesalers, retailers, manufacturers, and construction services will benefit from using blockchain to engage consumers and meet the demand for provenance and traceability.

There will be broader benefits for business services, communications, media, marketing, and advertising with the billions of users looking like winners with more of an equal opportunity to earn a living online. For ease, stability, and protection, blockchain technology will play a significant role in the next normal. 

 

ecosystem for entrepreneurs

 

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

 

 

TP

This Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin

This Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin

This Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin
Whether you are a Bitcoin Holder or not, you would have to spend 5 minutes getting to know this project that may change Bitcoin’s future.

Suppose you are not only a holder, but also a Maximalist. In that case, congratulations, the Bitcoin you love is about to regain everything it has lost (for example, Bitcoin Dominance). BoringDAO is a project whose name may sound boring, but some of the most exciting work is currently going on. BoringDAO is a cross-chain compatible, decentralized asset protocol, and its most important product is bBTC (BoringBTC). They provide Bitcoiners the access to all the different Defi.

We Need Programmable Bitcoin

Even though scalability and safety allow Bitcoin to become the most popular cryptocurrency, a programmable Bitcoin is still what the community has long expected. The community is eager to use $BTC to participate in the MakerDAO’s collateral or be freely exchanged with other Cryptos in the Uniswap. There are already some pioneers in the ‘race’: WBTC & renBTC. According to the latest data (03/10/2020, https://debank.com/ranking/btc), the number of WBTC on Ethereum has reached 92,583, while renBTC is 23,855. Even though the TVL seems relatively high, compared to the total number of Bitcoin (18,505,343), it only occupies 1/154 of the total $BTC. In other words, even if the APY is 100%-10000% in DeFi, merely less than 0.6% of Bitcoin enters the Ethereum network through the above two gateways.

Why? The reason is simple: people need a safer and more decentralized way. In WBTC, BitGo is the only custodian. Since BitGo is the only institution that holds users’ assets, there might be a chance of a single point of failure. In terms of renBTC, they proposed a brilliant idea: renVM. But renVM are still in the sub-Zero stage; therefore, it seems that the team manages these Bitcoin at now.

What will BoringDAO do?

BoringDAO proposed a “double pledge mechanism.” Each Bitcoin is backed by more than 200% of assets, including one real Bitcoin (multiple reputable institutions manage Multi-sig). The approximately equivalent value of ERC-20 assets is locked in the contract layer (governed by smart contracts). There is no doubt that 200%>100%, so bBTC maybe much safer. Once the underlying assets of other wrapped BTC have issues, its wrapped token will be in danger. However, in BoringDAO, even if there is a black swan event, the contract layer provides an additional protection. Many people would ask: How about the capital efficiency of BoringDAO?The answer is high.

The secret behind is our Double-Pledge mechanism:

  • BTC holders deposit BTC to mint bBTC through the bBTC Tunnel.
  • All community members pledge $BOR/other ERC-20 tokens on the contract layers (100% Pledge ratio) to build a bBTC Tunnel.

Meanwhile, the BOR community and BTC holders will help each other:

  • Pledge providers can increase the Tunnel’s capacity, enabling more bBTC to be minted through the Tunnel. In return, they can get 70% of the minting fee & burning fee.
  • Pledge providers have access to the Boring Farm, which generate high yield.

It is Incentives that Drive the BoringDAO Business

The two incentives program, Mint Mining and Boring Farm, are uniquely designed for bootstrapping and providing a use case for bBTC in the early stage.

All Blockchains Can Become Layer 2 of Bitcoin

This “boring” project’s business is very smooth: the introduction of incentives and the fair distribution allow our community to grow and prosper while maintaining security. Moreover, not only on Ethereum, this model can run on more blockchains. In the future, Bitcoin will be obtained kinds of features through BoringDAO. If BTC wants smart contracts or enter the DeFi world, then enter Ethereum. If BTC wants high performance, then enter Tron and EOS. If BTC wants anonymous transaction, then enter blockchain with Zero-Knowledge Proof.

BoringDAO is the one stop solution to all demand! These end up with a spectacular imagination: all blockchains (Ethereum, EOS, and even Libra) may become Layer 2 of Bitcoin. Don’t waste your time arguing those guys who support a larger Block. Bitcoin should adopt the safest Layer1, and BoringDAO + Layer 2 will give Bitcoin the infinite scalability. BoringDAO is the infrastructure for the next Bitcoin bull run. With it, you can use your favorite Bitcoin to pay for coffee, as well as participate in decentralized finance without selling your $BTC.

Conclusion

Today, Bitcoin dominance amounts to 60% of total cryptocurrency market cap. This means just by Bitcoin alone, over 60% of crypto’s total market cap is currently left out of the Ethereum-led DeFi world, even with the help of projects like renBTC and wBTC. If the ultimate goal of blockchain is to decentralize while interconnect everything, BoringDAO will be an important piece to the puzzle. To say BoringDAO is the infrastructure of the future is a gross understatement; BoringDAO is the future. With the leading blockchain investors like DeFiance, Hashkey, SNZ, Youbi, Altonomy, DeFi Labs and some BTC miners joining BoringDAO, and strong partners such as HashQuark, Peckshield, DODO, Band and Link, BoringDAO is ready to allow 1M BTC into the DeFi world in a decentralized and safe way.

Article Produced By
BoringDAO

https://www.coinspeaker.com/this-boring-project-will-turn-all-other-blockchain-into-layer-2-of-bitcoin/

TP

Where is Blockchain Not Needed?

Where is Blockchain Not Needed?


A consensus has built in the last few years that blockchain is going to continue to broaden its impact in modern society. Once tied exclusively to bitcoin, the technology has already become more widely useful, and most seem to expect that this trend will continue.

 

For our part, our take on ‘The Next Industries Blockchain Will Transform’ included talking about gaming, healthcare, and real estate. All of these are industries in which the rapid, affordable, and secure transfer of data is increasingly essential, making them natural fits for blockchain technology. Some will take the idea further than even these major aspects of modern life, however. For instance, Newsweek covered the “new internet” potential that some see with blockchain, essentially suggesting that the technology can re-democratize online information, and help to bring about a more decentralized online experience. Given ideas and industries like these that come up in these discussions, it’s becoming easy to assume that blockchain is gradually going to change our lives in virtually every area in which the transfer of information and/or value occurs. It’s almost more sensible at this point to ask where blockchain won’t be needed than where it will be. So we thought we’d do just that, and look at a few tech-related parts of life in 2020 that probably won’t be jumping on the blockchain bandwagon.

Internal Financial Management

There’s a temptation, particularly among those who are only just coming to understand the blockchain, to think that it can and should be used for any and all financial dealings. However, the truth right now is that most businesses don’t really need a tool like the blockchain — particularly where management of internal finances is concerned. A look at whether companies need blockchain by Hackernoon presented a helpful infographic on this topic, suggesting questions company owners should ask themselves to determine whether or not blockchain implementation is necessary. And most of these questions concern needs for exceptionally rapid transactions, contracts about value transactions, and work with digital assets. There’s virtually no consideration of in-house finances, indicating that while it may sound like an interesting idea for a business to record financial data via blockchain, it’s not entirely necessary.

Content Management

In a sense, many people think of the blockchain as something of a content management system. That is to say, with all of the data and funds changing hands — and the fact that the blockchain is usually described as a ledger for recording those exchanges — it can in a sense seem like one giant filing mechanism. It may well be that content management on such mechanisms will become a more popular blockchain function. But here again, it’s not exactly necessary. Today, the cloud content management systems listed by Box showcase how businesses and individuals with significant content management needs already involve highly capable cloud systems. Even a large business can reliably manage all of its content on the cloud, enabling seamless workflow and providing employees with easy and efficient access to all content relative to their work. There simply isn’t much of a need to organize blockchain-based content organization, even if it might sound logical at first thought.

Remote Communication

Finally, there’s remote communication, which has become a particularly significant topic in 2020. Here too though we have a trendy, tech-forward aspect of modern society for which blockchain just doesn’t seem to be much of a fit. Already, there are encrypted services designed to facilitate chats and messages all around the world. And for more business-oriented needs, a flurry of workplace communication systems such as the ones listed by WSJ have emerged to create their own competitive market, packed with solutions for everything from messaging to video conferencing. So, while the blockchain could conceivably be used to package communications quickly and securely over distance, this sort of use isn’t likely to be a priority for developers.

None of this is meant to suggest that blockchain technology isn’t useful, nor that it won’t continue to spread. But with so many lofty ideas about its potential beginning to take root, it’s worth keeping in mind that it’s not necessarily needed everywhere.

Article Produced By
Carolyn Coley

https://smartereum.com/188203/where-is-blockchain-not-needed/

TP