In 2021, NFTs (or “non-fungible tokens”) surged in popularity.the graphic artist “Beeple” sold one NFT for a whopping $69 million USD.Since then, artists and investors have wondered if non-fungible tokens represent a new potential market.

NFTs

If a good is “fungible,” it means it can be exchanged for another identical item.Example: if I trade $1 dollar bill for another $1 dollar bill, I’m left with the same thing.Examples of fungible goods include dollar bills, stocks and Bitcoin.In contrast, non-fungible goods cannot be exchanged for the same thing—they’re unique.Examples of non-fungible products include land and sports memorabilia.Non-fungible tokens, exist on the blockchain—a shared digital ledger.

non-fungible

Blockchain technology is what gave rise to cryptocurrencies like Bitcoin, but it also supports NFTs.Any piece of digital content —digital art, music, gifs— can be transformed into an NFT and assigned a unit of code that can act as verified proof of ownership.

Blockchain

Think of NFTs as a digital signature or autograph.This “signature” is what gives digital assets one-of-a-kind value on the internet.Anyone can copy and paste an NFT, but only one person can own the original, verified signature.This scarcity and authenticity is what gives NFTs value, just as they do for physical art.NFTs allow creators to establish direct relationships with customers and create a loyal community online.

NFT Is A Signature

NFTs are typically sold on several main marketplaces including OpenSea, Nifty Gateway, and Mintable.To purchase an NFT in a marketplace, you’ll need to have cryptocurrency to spend.You’ll also need to set up a digital wallet to complete the transaction.BEWARE: Some experts warn the NFT market is a bubble that will pop: when there’s a ton of hype around an emerging market, risk can be high.Other experts note NFTs may be warming the planet because it takes an immense amount of energy to run the computers that support blockchain technology.

NFT Purchases

NFT Masterclass

Your brand is and should communicate the right messages in a unique and engaging way ⭕It is Visual ⭕It is Verbal ⭕It is Auditory ⭕It is Conversational

What Exactly Is 'Your Brand'?

According to Gary Vee, do your research and understand it quickly- for it may just be your change Innovation is when you put in the 30/50/100hrs of HOMEWORK and start taking control RIGHT NOW is the time to be building your personal brand digitally The meta, blockchain is coming, like it or not and we want to be ready for it Ride the wave 🌊 Surf the change *My team & I are already in progress We will share more soon in THE THRIBE Link aboveJoin us if you want to make your journey amazing The opportunity is very real You CAN'T do it alone

Surf The Change

You want your work to improve the quality of life; to foster creativity, strengthen relationships and forge new communities to inspire people to make business more personal. Join our community as we all learn to be more mindful and more valuable.

Make Business Personal

What NFTS really mean for future businessesThe number 1 reason why a DAO (Decentralised Autonomous Organisation) will be embraced very quickly and soon in the near future. Thousands of years ago we humans live a nomad life As we became more modern and settled people become richer (and more 'trapped') 🤷‍♀️ - The ability to roam and wander that's been associated with freedom is getting to be more 'in demand' What an irony right? 🥴 Organisations which existed to provide comfort and control is exactly WHAT WE DON'T WANT NOW.

Moving Upwards Into NFTS... Say What?! (Part 1)

Getting stuck in the 9-5 rat race, with no possibility or room for maneuver creates a PSYCHOLOGICAL TRAP in our headsAs the rat race gets more intense, and you know it is;This sense of mental trap deeply disturbs us. But yet we perceive that we have no choice but to conform Until NOW. THE rise of NFTS, BLOCKCHAIN, SMART CONTRACTS AND ROYALTIES This 'things' that's incomprehensible to most will soon be theorised and maximised by those who bothered to make the effort to apply the concept in the most simple and duplicable way possible.Stay tuned cause we are learning and executing it at the same time

Moving Upwards Into NFTS... Say What?! (Part 2)

What innovation actually meansTo intentionally kill off something. (That's probably working well or not.)Transcend higher or improve better- From a human POV, we all have a finite shelf life.Before mortality comes, we will face decisions, grief or loss that will kill us.And with these 'deaths', we learn how to live.Counter intuitive? (But makes so much sense!)The point?Learn how to use setbacks to path your way to success.My recommendation? Don't struggle or die alone. Don't give up just because something is not working well. Expand your horizons until you find the sweet spot.Let's grow.

Small Deaths Create Breakthroughs

If you haven't been top of the market, maybe this will help. The new norm is slowly making the value of money smaller and smaller. ONE of the new currencies of value are now: 1) Your CommunityHint: Think Network EffectAnd this is why I summoned massive courage to become the fire starter and start working harder to build up this new currency of the near future:- Solidifying the foundation of how entrepreneur brands grow in their business, with the power of NFTS. YES. ASSETS in the forms of NFTs Assets are next.We are changing the game.

Why Are Tribes Crucial For Your Brand?

Have you wondered why this quote came about? In marketing and sales, it's exhausting to do everything yourself.Your business is like your baby. Won't it be a bliss to have extra help to raise your baby into the success you know her to be? Being lean is NOT getting stuck.Start thinking strategically and out of that darn box.Time to get out and make your splash!

It Takes A Village To Grow A Baby

2 yrs ago I wanted to go digital.Got cheated 5 digits because I signed on too early before COVID happened, from a mentor bullshit coaching program who didn't deliver.However this didn't stop me from learning more. When COVID happened, I pushed myself harder.. it was super tough.And then suddenly EVERYTHING CLICKED into place!Now when I looked back, the dots are connected finally!I am in digital business and expanding. Which also means I'm going to try and get uncomfortable AGAIN!BUILDING my NFT business from with my team.

Why You Should Keep Going

As someone in businessYou want to sell. As high as possible or the more the merrier.But then you're not consistently or didn't bother making the effort to connect and gain the rightful permission.Yea ads may work. But ask yourself how many unread emails stay in your spam inbox?Well for me? I have 3452 unread ones. Even for those I voluntarily signed up for.What can you do then? Hopefully wait until they bother to read your emails 'eventually 5 yrs later'What's next?New Web is about closed inclusivity.And you likely can't reach them via ads anymore.Definitely not Spam

Permission To Come In

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The Power of Tribes

With a computer, if you know how to code and you have an idea, nothing can stop you. Make amazing things happen!

People fo into crypto and then they improve their life visibly. A combination of making more money and being more happy, perhaps.Like someone buying bitcoin and two years later they have a six pack, they're eating healthier and fixed their relationships.

Bitcoin makes us freer, thus happier

It's a technology that allows us to gain personal sovereignty. The best thing you can do for yourself is buy some crypto, but with convinction.The value is in the journey you make to get to this decision. Find what makes bitcoin interesting to you. That will open for you the bitcoin rabbit hole.

Why is blockchain so important?

Most of us don't care what money is: medium of exchange, store of value over space and time?Good money is sound, recognisable, it's scarce. Why is scarcity important? How big si the problem with inflation? And at some point you realise you're not in charge of your life.You end up with: personal sovereignty is important, so I should have the freedom to make my own decisions. So what should I do?

Why is bitcoin better money?

The freedom maximalists miss out on this important aspect of freedom: property and responsibility are part of the same equation. If you have freedom, you own yourself and that is the most important property: your body, your mind and you should own yourself.You should take care of yourself and maximise your wellbeing.

Freedom comes with responsability

Blockchain allows coordinating of human action without the use of force, which is remarkable. In history this has been done through the use of violence, rulers. Blockchain allows us to make thing together as a group, as a community, without being under the constant threat of violence.Systems where you have a central authority (politicians, lawyers, accountants) can be disrupted. But that is complicated first step.

If you want a better society, it's better focus on personal growth, personal responsibility, live the best life, be a good example for your kids.

What is the best feature if decentralisation? Is there a longterm impact on society?

Change your mental framework. Be your own bank and store value, thinking of your life in longer time frames.It becomes philosophical. You have to create your own meaning of life. You have to start living now.If you become a zen student, you have to also become a zen master, take care of your life and spread happiness.

Crypto and bitcoin start that inner dialogue with yourself.

Puts personal freedom as the ultimate ideal. We have more freedom, civil liberties, religious freedom.We still have central authorities and this leads to monopoly on money, education and health care. They are linked.Technology lets us do things together, without one of us being in charge. It was difficult before crypto to see how to make the transition to an autonomous, violence free model society.

Libertarianism

Have you seen this social contract Rousseau postulated a few hundred years ago? Have you signed anything?Constitutions are a proxy to this contract.Most constitutions are shit, US' is better, closest to a social contract.

Is the social contract impacted by blockchain?

It cannot fix everything. We have to lose some of the religious efervescence.It mustn't become a dogma.Just because we have the technology, it doesn't mean we can use it for good. We have to balance the use and transparency of blockchain from a technical and philosophical point of view.

Caveat for blockchain and crypto?

Vladimir Oane and Sebastian Cochinescu discuss #blockchain for a better society.  Feels like a good intro into this topic: ideas flow from basic usage of this technology to philosophical issues. 

We'll talk about #blockchain for a better society.

Blockchain talks with Sebastian Cochinescu (TailPath) & Vladimir Oane (Deepstash)

DeFi is the name given to the suite of financial tools that blockchain technology enables. These tools include lending, borrowing, and yield farming. Blockchain technology allows these tools to be utilized without needing permission from a centralized entity (i.e. banks).

Qualifying for a loan in the first place is uncertain, usually requiring a high enough credit score and good debt-to-income ratio. Once approved, on average you can expect to pay 10%-30% in interest.DeFi let’s you collateralize your crypto holdings in order to pull a loan against it. For example, if you are holding $1,000 of bitcoin, a DeFi platform will let you pull out a loan on anywhere from 25%-75% of that balance. And this is all permissionless, meaning that no background check is required. What’s more, interest rate payments on DeFi loans range from only 1%-8%.

Borrowing

With DeFi, you may also opt to lend your crypto and earn interest on it. Most DeFi platforms and decentralized exchanges (DEXs) have a staking mechanism or liquidity pool where you can lock your crypto into the platform and earn interest. Lending helps DeFi platforms to continue facilitating transactions through increased liquidity. Interest earnings within DeFi are surprisingly high, ranging anywhere from 5%-400%+ in yearly earnings. Comparatively, centralized banks usually offer interest rates as high as .07% yearly on savings accounts. It’s clear why DeFi is becoming so popular.

Lending

Lending mechanisms on DeFi platforms have opened up the practice of yield farming, which is where crypto holders routinely seek the highest interest rates on the market to earn passive income.

Yield farming

So how is all of this facilitated on decentralized platforms? Through the use of smart contracts, DeFi platforms are able to process transactions without the need of a middleman or centralized entity holding funds in custody and keeping track of ledgers. Instead, crypto traders lock tokens into liquidity pools and smart contracts use this liquidity to mint new tokens and facilitate transactions.

Smart contracts

From smart contracts, a blockchain project called Maker was able to create a stablecoin known as DAI. And with DAI, holders of ethereum were able to collateralize their tokens in exchange for the stablecoin.Another big innovation that Ethereum enabled were ICOs.While the ICO craze led to many scams, there were a handful of great projects that survived the 2017 bubble. Most notably, in terms of DeFi, was AAVE, which is now one of the most popular DeFi platforms to-date. AAVE is an open-source DeFi protocol that allows borrowing and earning interest on collateralized tokens.

History of DeFi

DeFi saw huge growth in the middle of 2020 but declined a bit later in the year. Despite drops in the token value of popular DeFi projects, their usage and development continued well into 2021. Now, many are speculating a “DeFi Summer 2.0” as the Ethereum blockchain is slated to release an important upgrade in July 2021.The new upgrade, EIP-1559, is expected to help lower gas fees substantially. What’s more, mainstream adoption is steadily on the rise with the popularity of <a href="https://dgtlzen.com/2021/03/21/non-fungible-tokens-nfts-and-their-use-cases/">NFTs </a>, the recent Coinbase listing, and the surge in the price of Dogecoin.

The future of DeFi

The impact that the Ethereum blockchain has had on the blockchain and crypto industries cannot go understated. Operating as a "world computer," Ethereum enables the use of smart contracts, which allow decentralized applications (DApps) to be built. Smart Contracts have evolved over the last few years to spawn an entirely new set of financial protocols…

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Everything You Need to Know About Decentralized Finance (DeFi)

With the announcement of Union Budget 2022, the proposed <a href="https://cleartax.in/s/cryptocurrency-taxation-guide">Section 115 BBH in Budget </a>gave away a significant progressive and futuristic outlook of the government with respect to cryptocurrency in the country.The focus on digital innovation while promoting Blockchain technology touched upon the key points that are supposedly meant to help the industry create sustainable growth. The first step in that direction came with classification of cryptocurrency as virtual digital assets. As per the Finance Bill, the term <a href="https://www.mondaq.com/india/fin-tech/1164634/virtual-digital-assets-in-india-a-sneak-peek-into-india39s-regulatory-framework#:~:text=As%20per%20the%20Finance%20Bill,intentionally%20kept%20wide%20in%20scope.">virtual digital assets </a>includes both cryptocurrency and non-fungible tokens(NFTs) .

What Does The Government Say? 

The main question that arises is how does it impact a retail investor in crypto? <ul><li>Tax Deducted at Source will amount to 1% of the entire transaction amount.</li><li>Any profits made from sale of cryptocurrency will be taxable at a flat rate of <a href="https://cleartax.in/s/cryptocurrency-taxation-guide">30% w.e.f April 1, 2022. </a></li><li>Loss incurred from digital asset holding can not be set off against any other income.</li><li>The tax is on the basis of cumulative net gain on a transaction. For example, in case the profit from one cryptocurrency is ₹20000 and the loss is ₹6000, then the net taxable amount is ₹14000.</li><li>The only deduction to be allowed is the cost of acquisition. </li></ul>

Indian Crypto Investor Woes

India has the potential to become a crypto superpower, as it is emerging as one of the hottest internet markets in the world, with almost <a href="https://edition.cnn.com/2021/03/08/tech/india-internet-homegrown-apps/index.html">750,000,000 users </a>, and millions waiting to join the Great Internet Factory.Blockchain data platform Chainanalysis, published a report ranking <a href="https://edition.cnn.com/2022/03/03/investing/india-cryptocurrency-investing-future-hnk-intl/index.html">India second behind only Vietnam </a>in the list of countries seeing the speediest growth in the realms of cryptocurrency adoption. With no official estimates of the current cryptocurrency users in the Indian market, the unofficial number is more than <a href="https://edition.cnn.com/2022/03/03/investing/india-cryptocurrency-investing-future-hnk-intl/index.html">20 million crypto investors. </a>

THE FUTURE OF CRYPTOCURRENCY IN INDIA 

The <a href="https://time.com/nextadvisor/investing/cryptocurrency/donate-crypto-to-ukraine/">donations to Ukraine in cryptocurrency </a>have showcased the potential that these unregulated digital assets hold. With the ability to eschew bureaucratic red tape, crypto has safeguarded and funded the war from Ukraine’s side.However, the counters in Russia, have alleged that <a href="https://news.bitcoin.com/russian-prime-minister-economy-ministry-support-legalization-of-cryptocurrencies/">legalization of cryptocurrency </a>could save the country from the current dearth of funds and jumping the SWIFT ban that was imposed on the country. With an untapped potential and still looking into the mainstream world, the journey to become acceptable around the globe, is still a long way to be walked upon.

THE GLOBAL DILEMMA

With the announcement of Union Budget 2022, the proposed Section 115 BBH in Budget gave away a significant progressive and futuristic outlook of the government with respect to cryptocurrency in the…

NFT Masterclass

The Power of Tribes

Blockchain talks with Sebastian Cochinescu (TailPath) & Vladimir Oane (Deepstash)

Everything You Need to Know About Decentralized Finance (DeFi)

to invest or not to invest?- the Indian crypto dilemma.

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