Receiving stock options can be a life-changing financial opportunity. But, startup employees often struggle to afford the exercise cost. With Equitybee, you can get funding to exercise your options, plus an upfront payment. You remain the owner of the shares so you can enjoy potential future profit as well.

Equitybee

equitybee

Four million employees quit their jobs in April, reports the Bureau of Labor Statistics. It's the highest employment exodus since the agency started collecting that information in 2000. The number of job postings hit a record high, leaving 695,000 more open jobs than unemployed workers. In a recent , Anthony Klotz, a professor of management at Texas A&M’s Mays Business School, writes, "After a year of unprecedented stress, workers are also burned out and reexamining how to live their lives. People have had epiphanies over the past year.” Klotz, who has researched the psychology of quitting for much of his career, adds, “We all want to pursue life, liberty, and happiness, and many of us have realized our job isn’t the best way to get there.” LA Times article Some of this may be attributed to burnout, post-COVID stress, and a work/life balance impacted by the necessity for nearly all activities to operate out of the home. Due to this phenomenon, summer 2021 has been dubbed The Summer Of Quitting. What's surprising is that a large number of those participating in this professional exodus are not, according to the data, immediately looking for their next job. Instead, they are taking a sabbatical. Throughout a tumultuous 2020, the workforce was concerned about massive layoffs. This year, the narrative has shifted; longtime tech employees are departing. But in both cases, the steady monthly income from a startup job will be lacking. How are many of the employees quitting going to be able to afford their sabbatical? Most employees look towards an IPO, SPAC, or M&A as an opportunity to make a lot of money off the company they helped build. But actually, companies gain the highest amount of value when they are still private. If a startup employee joined at the right time and got a nice options package, there is no need to wait for the IPO in order to exercise your options. The average cost of exercising employee stock options is $140k. And there is no need to invest $140k out-of-pocket. Funding platforms like will supply all the funding and assume all the risk. The way to sipping a pina colada on a beach somewhere can be closer than ever. EquityBee I believe that the most important decision an employee can make when leaving a high-growth company is whether to take part in the success of the company they helped build. Each startup employee got an additional “bank account” when they joined: the employee stock options “bank account”. When they leave, that bank account can either be exercised or within 90 days be returned to the startup pool and result in a big fat zero for the employee. If a startup employee leaves their job for a much-needed sabbatical, they should be able to exercise their employee stock options. Upon a liquidity event, that imaginary bank account can convert into a sum of money that can be life-changing. One of the options for startup employees leaving their jobs is exercising their stock options via funding platforms like EquityBee. Here’s how it works: employees (or ex-employees) are matched with accredited investors to fund their employee stock options; all of the risks is on the investors’ side and the employee doesn’t need to spend a dime. Once the company they leave experiences a liquidity event like an IPO or SPAC, they will receive their exercised options, a sum that might help make their sabbatical more comfortable--perhaps even permanent. The prospect of an endless summer is now that much more feasible.

Solving Post-Pandemic Burnout: How to Make Sabbaticals More Feasible

Startup employees are considered a traditionally disadvantaged group of workers and they have had their fair share of problems working in startups, one of the biggest being their potential financial growth within the organization. , the leading startup employees’ stock options funding platform, has developed an innovative solution to the unrelenting problem of not knowing the value of startup employees’ stock options. It’s called and it has one goal in mind: to help startup employees understand the valuation of their stock options to support them in making informed decisions about their financial future. Equitybee Equity Value Finder : Vested Interest Disclosure The author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking, the author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program One of the advancements in the way startup companies have ensured the future financial success of their employees while maintaining their commitment in the present is by providing stock options. Stock options are a type of compensation typically given to startup employees, providing them the option to purchase company stock at a predetermined price. This allows employees to share in the company’s growth and success, potentially resulting in significant personal financial gain. Despite having an honorable and ideal way to support employees, many startup employees are not provided with clear information about the value of their stock options or the potential risks involved. The value of these options can also be difficult to determine mainly because of its complicated process and difficulty making sense of the factors involved. With smaller or more limited startups, there are often limited choices for selling their stock options and converting them into cash because of the lack of liquidity. More than this, because there is a high probability of startup companies not succeeding, there can be some level of uncertainty about the future of the company in which startup employees work. They may be unsure about the long-term viability of their company which affects the value of their stock options. Startup Employees at a Disadvantage Despite the questions faced by startup employees with their stock options, they are nonetheless expected to be highly motivated and committed to the success of their company. Stock options are a way for startups to align their interests with those of their employees and to incentivize them to work harder. Additionally, because a startup culture typically has limited resources, employees are expected to take on multiple roles and responsibilities, work long hours, and be flexible in adapting to changes in the fast-paced and dynamic startup environment. This creates a stark difference when compared to employees at big tech companies. In terms of stock options, big tech employees have access to a clear understanding of their stock grants; whereas startup employees often face uncertainty and a lack of transparency. This can make it challenging for startup employees to understand the full value of their compensation packages. Equity Value Finder Serves Startup Employees All these concerns had been seen by Equitybee co-founders Oren Barzilai, Oded Golan, and Mody Radashkovich. This is why they developed the Equity Value Finder to address the exact question, “How do startup employees know the valuation of their stock options?” The tool allows startup employees to sign in and input the details of their company and the total amount of stock options they have. And using Equitybee’s proprietary model that uses multiple streams of information from trade data, valuations, and market sentiment, Equity Value Finder will provide startup employees with the estimated market value of their stock options. Along with the market value estimate, they will also see funding opportunities available to them through the platform. This tool, in the end, provides transparency and knowledge to make informed decisions about their stock options. Essentially, it will allow employees to understand their total compensation package, whether they would like to negotiate better pay and benefits, and facilitate decision-making on whether to exercise their stock options, hold onto them, or sell them. Startup employees don’t have to let the value of their stock option be a mystery any longer. It will ultimately empower startup employees to take control of their financial future and plan for uncertain times.

Empowering Startup Employees: Equitybee Launches Equity Value Finder to Help Navigate Stock Options

Empoderando a los empleados de empresas emergentes: Equitybee lanza Equity Value Finder para ayudar a navegar las opciones de acciones

Autonomiser les employés des startups : Equitybee lance l'Equity Value Finder pour faciliter la navigation dans les options d'achat d'actions

स्टार्टअप कर्मचारियों को सशक्त बनाना: स्टॉक विकल्पों को नेविगेट करने में मदद करने के लिए इक्विटीबी ने इक्विटी वैल्यू फाइंडर लॉन्च किया

新興企業の従業員に力を与える: Equitybee は、株式オプションのナビゲートを支援する Equity Value Finder を開始します

Capacitando funcionários de startups: Equitybee lança o localizador de valor de ações para ajudar a navegar pelas opções de ações

Trao quyền cho nhân viên khởi nghiệp: Equitybee ra mắt Công cụ tìm giá trị vốn chủ sở hữu để giúp điều hướng các lựa chọn cổ phiếu

为初创公司员工赋能：Equitybee 推出 Equity Value Finder 以帮助导航股票期权

143 Stories To Learn About Future Of Finance

For CEOs, letting go of employees is always one of the most difficult parts of the job. It is all the harder when layoffs are the result of external circumstances over which companies have no control, like the current global health crisis. As a result of the shrinking economy, many companies have had to make very difficult staffing reduction decisions. The transparency and compassion with which they make these decisions and communicate them to their workforces says a lot about the spirit and heart of these companies. So, too, does their treatment of departing employees, especially regarding the benefit that most closely links staff with their (former) companies: equity. Equity transforms employees into shareholders, alumni into owners. And, in the case of a major exit, equity can create enormous wealth for hardworking staff who helped build a company from the bottom up, even if they had to leave prematurely. AirBnB and Carta Step Up Two companies in particular have made recent announcements that demonstrate generous equity policies that strengthen staff relationships and the companies themselves: AirBnB and Carta. AirBnB is laying of 1,900 employees, or about 25% of its staff. In addition to other thoughtful departure benefits, AirBnB has removed its one-year cliff on equity, so all employees, regardless of tenure, have .  Equity Management Solutions company Carta laid off 161 employees, which is about 16% of its staff. Carta has , and extended its post termination expiration period (how long employees have to exercise their options after leaving the company)  to one year from dismissal. the opportunity to exercise their options likewise removed its one-year cliff The language both CEOs used in their announcements is telling. AirBnB CEO Brian Chesky said, “Everyone departing, regardless of how long they have been here, is a shareholder.” Carta CEO Henry Ward said, “You joined Carta to create owners and to become one. Everyone affected today will be an owner of Carta.” While both CEOs emphasized how much they value their staff and hate to see any of them go, it’s their equity policies that put this sentiment into action. Both are unequivocally giving their employees the chance to take ownership over their work and to reap the benefits even after they move on from the company. This demonstrates smart, savvy, honest leadership that addresses practical and emotional needs of employees in hard times, and expresses optimism in the future of their companies as well. These moves say: This company will recover and flourish again, your piece is worth something and will be worth even more in the future. Moovit employees made bank - or missed out If employees are looking for great stock options success stories, they should look at the recent for $900M. EquityBee helped some of Moovit employees to exercise their stock options. As a reference, some of these not very senior employees saw gains of up to 10x their exercising price, while the investors who supported them did over 150% on their investment And those who didn’t exercise their options unfortunately saw nothing. Exercising equity options at the right company can become a life changing event. Intel acquisition of Moovit CEOs should take a close look at equity policies as part of their severance and layoff packages. Layoffs will always be hard, but equity is a way to give back in a long-term, serious way to employees who helped build great companies, and an even better way to keep close those staff who companies would truly rather not lose. Employees, for whom the layoffs are all the more personal, real, and pressingly critical, should do everything they can to take advantage of the silver lining that is advantageous equity opportunities. Being laid off stings and is scary, but if staff believe in the company they are departing, they have the chance to invest and own a piece of it in an intrinsic, invaluable way.

Crisis Layoffs are Leadership Opportunities: Equity Examples at Carta, Airbnb, and Moovit

Rethinking Cryptoeconomics - Part 4: Rethinking MEV Dynamics for Equitable Blockchain Societies

Raiser.co Pioneers Equitable Crypto Investments With Playbux Fair Community Offering (FCO)

Welcome to the first in a series of Q&As I’m publishing with inspirational mentors and community builders in the technology industry! It’s an honor to have had the opportunity to hear from these inspirational leaders who dedicate their time and positive energy to shaping a better future for developers. At Twilio, I’m inspired every day by the camaraderie of our Developer Network team and their passion for helping others to learn and put our tools to good use. From hackathons to docs to fun tutorials, it’s all in the name of helping builders to unlock their creative potential through code. To me, there’s nothing more important than a great mentor - especially as we continue to navigate the turbulent times that 2020 so brutally ushered in. I am so grateful for the role models and career coaches I’ve had in my corner along the way. I’m also thankful for the industry meetups, local volunteering placements, and Slack communities that are in my orbit - both because they are inclusive learning spaces but also because they create opportunities to give back. In the developer community, mentorship can play a major role in fostering community. In fact, according to GitHub’s , mentorship doubles the likelihood of a strong, sustainable culture. Contrary to what some stereotypes might suggest, being a developer is not a solo mission. Knowledge sharing and mutual support both spurs innovation and makes us all better at what we do. research That’s why we created Twilio's – to celebrate the most inspirational, motivating mentors who are uplifting developers in 2022 through community, mentorship, or code. Handpicked by an esteemed , these honorees are recognized for playing a pivotal role in shaping developer careers in a variety of ways, from virtual community building to school initiatives such as student-run coding contests and educational webinars. Developer Searchlight panel of expert judges Let’s get to know one of our standout honorees, Marcus Eagan! Marcus is a Staff Product Manager at MongoDB and represents one of the six honorees being recognized by Twilio, Stack Overflow, and Hustle Crew for his work championing developers around the globe. He always finds time to uplift others and provide insight into what it takes to pursue a career as a developer. An active and vocal contributor to the developer community, Marcus has made connections with developers from all over the world through blog content and speaking engagements – all while still finding time to code himself. Who are you, where are you based, and what are you working on right now? I’m a longtime open source hacker and problem solver from Detroit’s Westside. I’m based in Palo Alto, California. Right now, I’m laser-focused on three efforts: Enabling application builders everywhere to move faster and with more confidence to address the problems plaguing our world Ensuring that the technological balance of power does not shift back to closed-source tools and protocols that hinder innovation - especially outside of the western world - due to information asymmetry, security concerns, and prohibitive and predatory pricing Upskilling and supporting developers from all over the world looking to level up through open source community participation and usage Congratulations on being selected as a Twilio Developer Searchlight honoree. What does being a mentor or community builder mean to you? First of all, it’s an honor — I’m hype. Twilio has been such an inspiration and an important tool for me since the beginning of my career (I was an early user of Authy!). A co-founder of 500 Startups told me the best pitch he ever saw from a startup was a demo from Jeff Lawson of Twilio at the beginning of the meeting. It really shifted my thinking from tell to show, which is a big part of why I love open source so much and how I go about doing things. Also, by Jeff Lawson was super influential in my thinking. So yeah, definitely an honor and super humbling over anything else. “Ask Your Developer” Secondly, it’s more motivation. When I walk through some parts of San Francisco heading to my office, I see a different level of strife than I am accustomed to in my own life. It’s a small reminder that there are so many people in the world that have an array of unsolved problems. I don’t think technology can solve all of them today, but we can iterate on more solutions more quickly. Thirdly, it’s a reminder that this honor is really one of my parents and grandparents who “held it down.” My grandmother Joann, born to a sharecropper, was supporting my wild adventures in open source programming languages, OpenWRT, MongoDB, and Elasticsearch back when I had absolutely no money but could try things out and seek to solve problems. There’s something magical about it. You are passionate about uplifting developers from diverse backgrounds - tell me more about how you’re reaching people around the world and how you hope to inspire them? Two ways: I’ve been actively investing in startup companies based in Africa, Asia, and lesser-capitalized European cities because I view them as fundamentally closer to the problems of most people than Silicon Valley. I’ve been mentoring and consulting engineers around the world in places like Lagos, Dhaka, Kenya, and Latin America to help them get involved with or extend open source projects. The hope is that they grow their skills and get hired or start companies. It’s already happened in the case of one engineer from Bangladesh who has a really cool job now. I meet engineers in forums, GitHub, conferences, and sometimes LinkedIn. Occasionally engineers just reach out to me. In some cases, they’re much more talented so I try to point them in the right direction of high-value problems to tackle. In all cases, they are more motivated to jump right in and start building. I am hoping to inspire people to find the flame in themselves. Ultimately, I’m hoping to inspire builders of a more equitable world. I look a lot for socio-economic diversity as well for that reason. What’s your one best piece of advice for aspiring or early-in-career developers? I don’t like to give advice and am happy to just share my experience, so you decide but: Run your own race. There will be many faces and places that are all great in different ways, but you should define ‘great’ for yourself to endure the challenges to come. Just for fun: what was your first computer or your most memorable piece of tech? The first computer I personally owned was a TI-83, but the most memorable piece of technology was Encyclopedia Britannica on Floppy Disk. I love encyclopedias and never forgot that experience. Thank you, , for taking the time to share your story. Stay tuned to learn more about the honorees in our series of interviews. You can also read more about the honorees in this , which unpacks how they’re shaping a better future for developers. Marcus Insider article

A Q&A with MongoDB's Marcus Eagan on Developer Mentorship & Building a More Equitable World

GameFi has the potential to change the world in ways that are hard to imagine. But not all GameFi is created equal. In fact, some games come with built-in problems that make them less fun and even exploitative instead of profitable for everyone involved—especially gamers who want to get paid and enjoy playing their favorite games. Play-to-Earn (P2E) games employ a business model that incentivizes gamers to play games with cryptocurrency rewards. This can be enormously beneficial for gamers and crypto alike, but the P2E model needs to evolve if it wants to become sustainable and avoid being exploitative. Why Current P2E NFT Games are Flawed P2E games are expensive, meaning there’s a high barrier to entry for new prospective gamers. To play, gamers have to invest something—usually NFTs of some sort—which can amount to on a game like Axie Infinity. Now imagine the implications of that, considering the majority of Axie gamers are low-wage earners in the Philippines. upwards of $100 Axie Infinity tried to solve the barrier to entry with the scholarship model, which lets players, or scholars, who wish to play the game but do not possess adequate financial resources. Initially, the Axie scholarship system worked in bringing down the barrier to entry and allowed early investors to lend out their NFTs to players unable to afford the cost. In return, investors (now dubbed as “guild”), share in the profits of people playing the game for them. But the Axie scholarship system made it extremely profitable for investors who initially could afford the high costs to take advantage of those less fortunate. This system also came with some undesirable , which would take cuts of the player’s profits, sometimes up to two-thirds of their total earnings. It’s obvious that the current model feels very much like a pyramid scheme, and if you look closely, the model fails to be sustainable in the long run. You’ll need a constant influx of new players - scholars to keep the top earners happy. terms and conditions How P2E games can change P2E can be enormously beneficial for gamers and crypto alike, but it needs to be open to evolving, mainly by making a switch from a play-to-earn model to a play-and-earn model (P&E). The focus should be on creating a game not for the sole purpose of earning, but for enjoying the game itself that truly stands by itself without any earn mechanics. We play games because they’re fun, challenging, and rewarding. In a P&E model, instead of playing a game solely for the purpose of earning rewards, it’s a secondary effect after having fun by yourself or with friends, family, or teammates through online multiplayer experiences, and innovative game mechanics. Earning mechanics are a given in web3. As soon as tokens were added to a game, the idea took off, and P2E games were immediately successful. However, there are so many other avenues in blockchain yet to be explored and created. Blockchain does not always need to equate to just earning. To change the current state of GameFi, Web3 games can explore different blockchain mechanics to improve the player experience. Ethereum founder Vitalik Buterin proposed the idea of  "Soulbound" NFTs that can details of your social identity, or NFTs that offer . It’s developments like these that have the potential for real change. While none of these include earning mechanics, they do push the true innovations of decentralization from creating a game player’s identity to creating value in different ways for the player. record interoperability The rise of Esports in the last decade has created a cultural phenomenon with the rise of monetization with top titles like League of Legends, HearthStone, and CounterStrike: Go. However, Esports within the blockchain gaming space has largely been unexplored. Another way to create equity is to run in-game tournaments with paid participation. The entry fees would make up the prize pool, and be redistributed to the winners, with developers taking an administrative cut. On top of that, every participant could get guaranteed rewards, such as unique in-game cosmetics. This monetization model rewards players for skill and does not need any upfront investments encouraging everyone to participate thanks to the guaranteed prizes. The GameFi industry needs to make sure that the future of blockchain games is inclusive, fun, and profitable for all involved. P&E games have a lot to offer in terms of creating new kinds of gaming experiences if they are more equitable, easily accessible, and actually fun. Lead Image

Can P2E Games be Fun If They’re Equitable? 

The Internet is Not Gender Equitable

Virtual Event Connects Participants with Grant Funding Opportunities and Industry Leaders SI3, an organization championing women and non-binary individuals in the Web3 space, has announced its inaugural "Granting Access" event on August 1, 2024. The virtual gathering will connect participants with grant funding opportunities at major blockchain and protocol organizations and features representatives from Gitcoin, LUKSO, ThankArb, Push Protocol, and Unlock Protocol. "Granting Access" is designed to foster financial inclusion and access for underrepresented groups within the Web3 ecosystem. The event will kick off with a keynote presentation by Kara Howard, Co-Creator of SI3 and the Si Her Co-Active, who emphasized the importance of unifying and accelerating the growth of women in Web3. "We are thrilled to host Granting Access, an event that aligns with our mission to drive financial inclusion and access for women and non-binary individuals in the Web3 ecosystem," said Howard. "We hope to foster a more equitable and diverse Web3 landscape by bringing together leaders and grant programs." Panel discussions will feature Elizabeth Cusma (EducationDAO), Mashal Waqar (Octant), and Reena Shtedle (Founding Member, Cosmos Cartel), moderated by Ksenia Stark (Co-Founder, ⅄Oᒋ⅋NOISՈᖵNOϽ and Partner Growth, SI3) delving into strategies for equity and financial inclusion in the space. The sessions will provide attendees with a unique opportunity to engage directly with representatives from leading blockchain and protocol organizations. Participants are set to learn about various grant programs, funding priorities, and application processes, gaining valuable insights into securing financial support for their Web3 projects and initiatives. FIXX: Building a More Inclusive Web3 Future The "Granting Access" event is just one facet of SI3's broader mission to empower women and non-binary individuals in Web3. Their flagship initiative, FIXX (Financial Inclusion XX Chromosome), is a comprehensive program providing education, mentorship, and community-building opportunities. FIXX's upcoming program, starting in September 2024, will feature monthly sessions on personal values, unconscious bias, diversity in marketing, DEI strategies, advocacy, and impact tracking. By equipping participants with the knowledge and skills necessary to thrive in the Web3 landscape, FIXX is helping to build a more inclusive and equitable future for all. A Call to Action SI3's "Granting Access" event and the FIXX initiative represent a significant step forward in fostering diversity and inclusion within the Web3 community. "I'm excited about this event because it’s a chance to push for more recognition of women in web3 and learn from others. I believe that equity and financial inclusion are key to real progress and innovation," Mathilde DV, Grants Program Lead at Gitcoin, said. As the decentralized technology landscape continues to evolve, it is essential to ensure that opportunities are accessible to everyone, regardless of gender or background. After all, DEI isn’t a “nice to have” or a cause driven by ethical and moral issues - diverse, equitable, and inclusive teams contribute to financial success by fostering innovative, engaged, and productive workforces that create products and services that work for and resonate with a broader range of consumers and investors. Despite DEI layoffs at major corporations such as Microsoft, the momentum is building, and the message is clear: a more diverse and equitable Web3 is not just an aspiration but a necessity for the industry's continued success. Interested participants can register for Granting Access via Unlock. Virtual Event Connects Participants with Grant Funding Opportunities and Industry Leaders Virtual Event Connects Participants with Grant Funding Opportunities and Industry Leaders SI3 , an organization championing women and non-binary individuals in the Web3 space, has announced its inaugural "Granting Access" event on August 1, 2024. The virtual gathering will connect participants with grant funding opportunities at major blockchain and protocol organizations and features representatives from Gitcoin , LUKSO , ThankArb , Push Protocol , and Unlock Protocol . SI3 Gitcoin LUKSO ThankArb Push Protocol Unlock Protocol " Granting Access " is designed to foster financial inclusion and access for underrepresented groups within the Web3 ecosystem. The event will kick off with a keynote presentation by Kara Howard, Co-Creator of SI3 and the Si Her Co-Active, who emphasized the importance of unifying and accelerating the growth of women in Web3. Granting Access "We are thrilled to host Granting Access, an event that aligns with our mission to drive financial inclusion and access for women and non-binary individuals in the Web3 ecosystem," said Howard. "We hope to foster a more equitable and diverse Web3 landscape by bringing together leaders and grant programs." Panel discussions will feature Elizabeth Cusma ( EducationDAO ), Mashal Waqar ( Octant ), and Reena Shtedle (Founding Member, Cosmos Cartel ), moderated by Ksenia Stark (Co-Founder, ⅄Oᒋ⅋NOISՈᖵNOϽ and Partner Growth, SI3) delving into strategies for equity and financial inclusion in the space. EducationDAO Octant Cosmos Cartel ⅄Oᒋ⅋NOISՈᖵNOϽ The sessions will provide attendees with a unique opportunity to engage directly with representatives from leading blockchain and protocol organizations. Participants are set to learn about various grant programs , funding priorities, and application processes, gaining valuable insights into securing financial support for their Web3 projects and initiatives. learn about various grant programs FIXX: Building a More Inclusive Web3 Future FIXX: Building a More Inclusive Web3 Future The "Granting Access" event is just one facet of SI3's broader mission to empower women and non-binary individuals in Web3. Their flagship initiative, FIXX (Financial Inclusion XX Chromosome), is a comprehensive program providing education, mentorship, and community-building opportunities. FIXX's upcoming program, starting in September 2024, will feature monthly sessions on personal values, unconscious bias, diversity in marketing, DEI strategies, advocacy, and impact tracking. By equipping participants with the knowledge and skills necessary to thrive in the Web3 landscape, FIXX is helping to build a more inclusive and equitable future for all. A Call to Action A Call to Action SI3's "Granting Access" event and the FIXX initiative represent a significant step forward in fostering diversity and inclusion within the Web3 community. "I'm excited about this event because it’s a chance to push for more recognition of women in web3 and learn from others. I believe that equity and financial inclusion are key to real progress and innovation," Mathilde DV, Grants Program Lead at Gitcoin, said. As the decentralized technology landscape continues to evolve, it is essential to ensure that opportunities are accessible to everyone, regardless of gender or background. After all, DEI isn’t a “nice to have” or a cause driven by ethical and moral issues - diverse, equitable, and inclusive teams contribute to financial success by fostering innovative, engaged, and productive workforces that create products and services that work for and resonate with a broader range of consumers and investors. Despite DEI layoffs at major corporations such as Microsoft , the momentum is building, and the message is clear: a more diverse and equitable Web3 is not just an aspiration but a necessity for the industry's continued success. Interested participants can register for Granting Access via Unlock . DEI layoffs at major corporations such as Microsoft register for Granting Access via Unlock

Empowering Change: SI3's "Granting Access" Event Boosts Diversity in Web3

The Declining Critical Thinking Skills: From Artificial Intelligence to Average Intelligence

SINGAPORE, Singapore, July 23rd, 2024/Chainwire/--A groundbreaking moment in decentralized finance (DeFi) is here as Magnify Cash unveils its state-of-the-art DeFi protocol and announces the upcoming Fair Launch of its native token, $MAG. As a pioneer in financial technology, Magnify Cash is set to reshape the financial services landscape for individuals and enterprises alike. The Future of Decentralized Credit Markets Magnify Cash is spearheading the next evolution in decentralized credit markets, unlocking liquidity for Real-World Assets (RWAs), Future Yield Tokens (FYTs), and a myriad of digital assets through its innovative, permissionless lending desks. Solving Key Financial Challenges Limited Liquidity: Bridging the gap for diverse digital assets.
Decentralization: Eliminating centralized and custodial lending limitations. Innovative Products and Solutions Permissionless Lending Desks: Facilitate borrowing and lending for any ERC-20 token against RWAs, FYTs, and other digital assets.
Decentralized Borrowing Options: Provide lending solutions without intermediaries, ensuring maximum security and transparency. Universal Collateral and Currency Support Magnify Cash’s Universal Collateral Acceptance feature supports an extensive array of tokenized assets, including ERC-1155 and ERC-721 tokens. Users can now leverage NFTs and tokenized real-world assets such as art, real estate, bonds, and luxury goods as collateral, unlocking liquidity without the need to liquidate these valuable assets. Key Features Comprehensive Support: Universal support for lending currencies and loan collateral (ERC-20, ERC-1155, ERC-721).
Seamless Operations: Asset-backed borrowing and lending with permissionless creation and management of lending desks.
Enhanced Liquidity: Extensive liquidity options for all digital assets, including stablecoins, ETH, liquid staking tokens (LSTs), meme tokens, blue chip NFTs, and treasuries.
Advanced Risk Management: A dynamic interest rate model utilizing linear interpolation and scaling factors, eliminating the need for oracles. Robust Security and Compliance Guardian Protocol Audit: Ensuring top-notch security.
Gaslite Gas Optimization Audit: Maximizing operational efficiency. Proven Testnet Success Over 500 lending desks created.
More than 500 loans issued.
Nearly 5,000 unique users engaged. Strategic Alliances and Future Roadmap Magnify Cash collaborates with leading industry partners like LydianLabs, FjordFoundry, Jiraiya, Tailored, Blaize, 4am, and H3AT Studios, amplifying the platform's capabilities and outreach. Key security audits by Guardian Protocol and Gaslite reinforce Magnify Cash’s commitment to providing a secure and reliable platform. Currently Live on Base Testnet Exciting Upcoming Launches Base Mainnet: Coming Soon (Including RWAs)
Ethereum Mainnet: Coming Soon (Including RWAs)
Potential Layer 2 launches: Abstract Chain, Blast Chain, and more. Fair Launch of $MAG Token The $MAG token will be launched through Fjord Foundry’s liquidity bootstrapping protocol, ensuring a fair and transparent distribution. The token sale runs from July 23rd, 8:00 PM EST to July 27th, 8:00 AM EST, with over 70% of tokens allocated to the public. This equitable approach encourages broad participation and fosters a strong, engaged community. Active participants, including lenders, liquidity providers, and borrowers, are rewarded with $MAG tokens. Participation Opportunities Secure $MAG Tokens: The MAG token sale begins on July 23rd at 8:00 PM EST (July 24th, 8:00 AM Singapore Time). Participants are invited to join the Fair Launch at Fjord Foundry here. Explore the Ecosystem: Magnify Cash invites interested parties to discover its comprehensive ecosystem by visiting the Website. Access the Pitch Deck, engaging Intro Video, detailed Whitepaper, and technical Documentation. Engage with Our Community: Magnify Cash encourages joining its vibrant community for real-time updates and support. Follow us on Twitter, join the Telegram group, and participate in discussions on Discord. About Magnify Cash Magnify Cash is a non-custodial and permissionless decentralized credit market that empowers users to lend ERC-20 tokens and borrow against non-fungible tokens (NFTs) and Real-World Assets (RWAs) with unmatched flexibility and transparency. Committed to true decentralization, Magnify Cash ensures universal support for ERC-20 tokens as lending currencies and ERC-1155/ERC-721 assets as collateral. The protocol’s innovative approach to on-chain credit markets offers a fresh perspective in the evolving world of decentralized finance. For more information, users can visit https://Magnify.Cash or follow Magnify Cash on Twitter at X.com/MagnifyCash. Magnify Media Kit: Link. Contact Press Manager Magnify.Cash socials@magnify.cash This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. SINGAPORE, Singapore, July 23rd, 2024/Chainwire/--A groundbreaking moment in decentralized finance (DeFi) is here as Magnify Cash unveils its state-of-the-art DeFi protocol and announces the upcoming Fair Launch of its native token, $MAG. As a pioneer in financial technology, Magnify Cash is set to reshape the financial services landscape for individuals and enterprises alike. The Future of Decentralized Credit Markets Magnify Cash is spearheading the next evolution in decentralized credit markets, unlocking liquidity for Real-World Assets (RWAs), Future Yield Tokens (FYTs), and a myriad of digital assets through its innovative, permissionless lending desks. Solving Key Financial Challenges Limited Liquidity: Bridging the gap for diverse digital assets. Decentralization: Eliminating centralized and custodial lending limitations. Limited Liquidity: Bridging the gap for diverse digital assets. Decentralization: Eliminating centralized and custodial lending limitations. Innovative Products and Solutions Permissionless Lending Desks: Facilitate borrowing and lending for any ERC-20 token against RWAs, FYTs, and other digital assets. Decentralized Borrowing Options: Provide lending solutions without intermediaries, ensuring maximum security and transparency. Permissionless Lending Desks: Facilitate borrowing and lending for any ERC-20 token against RWAs, FYTs, and other digital assets. Decentralized Borrowing Options: Provide lending solutions without intermediaries, ensuring maximum security and transparency. Universal Collateral and Currency Support Magnify Cash’s Universal Collateral Acceptance feature supports an extensive array of tokenized assets, including ERC-1155 and ERC-721 tokens. Users can now leverage NFTs and tokenized real-world assets such as art, real estate, bonds, and luxury goods as collateral, unlocking liquidity without the need to liquidate these valuable assets. Key Features Comprehensive Support: Universal support for lending currencies and loan collateral (ERC-20, ERC-1155, ERC-721). Seamless Operations: Asset-backed borrowing and lending with permissionless creation and management of lending desks. Enhanced Liquidity: Extensive liquidity options for all digital assets, including stablecoins, ETH, liquid staking tokens (LSTs), meme tokens, blue chip NFTs, and treasuries. Advanced Risk Management: A dynamic interest rate model utilizing linear interpolation and scaling factors, eliminating the need for oracles. Comprehensive Support: Universal support for lending currencies and loan collateral (ERC-20, ERC-1155, ERC-721). Seamless Operations: Asset-backed borrowing and lending with permissionless creation and management of lending desks. Enhanced Liquidity: Extensive liquidity options for all digital assets, including stablecoins, ETH, liquid staking tokens (LSTs), meme tokens, blue chip NFTs, and treasuries. Advanced Risk Management: A dynamic interest rate model utilizing linear interpolation and scaling factors, eliminating the need for oracles. Robust Security and Compliance Guardian Protocol Audit: Ensuring top-notch security. Gaslite Gas Optimization Audit: Maximizing operational efficiency. Guardian Protocol Audit : Ensuring top-notch security. Guardian Protocol Audit Guardian Protocol Audit Gaslite Gas Optimization Audit : Maximizing operational efficiency. Gaslite Gas Optimization Audit Gaslite Gas Optimization Audit Proven Testnet Success Over 500 lending desks created. More than 500 loans issued. Nearly 5,000 unique users engaged. Over 500 lending desks created. More than 500 loans issued. Nearly 5,000 unique users engaged. Strategic Alliances and Future Roadmap Magnify Cash collaborates with leading industry partners like LydianLabs , FjordFoundry , Jiraiya , Tailored , Blaize, 4am, and H3AT Studios , amplifying the platform's capabilities and outreach. Key security audits by Guardian Protocol and Gaslite reinforce Magnify Cash’s commitment to providing a secure and reliable platform. LydianLabs LydianLabs FjordFoundry FjordFoundry Jiraiya Jiraiya Tailored Tailored H3AT Studios H3AT Studios Currently Live on Base Testnet Base Testnet Exciting Upcoming Launches Base Mainnet: Coming Soon (Including RWAs) Ethereum Mainnet: Coming Soon (Including RWAs) Potential Layer 2 launches: Abstract Chain, Blast Chain, and more. Base Mainnet: Coming Soon (Including RWAs) Ethereum Mainnet: Coming Soon (Including RWAs) Potential Layer 2 launches: Abstract Chain, Blast Chain, and more. Fair Launch of $MAG Token The $MAG token will be launched through Fjord Foundry’s liquidity bootstrapping protocol, ensuring a fair and transparent distribution. The token sale runs from July 23rd, 8:00 PM EST to July 27th, 8:00 AM EST, with over 70% of tokens allocated to the public. This equitable approach encourages broad participation and fosters a strong, engaged community. Active participants, including lenders, liquidity providers, and borrowers, are rewarded with $MAG tokens. Participation Opportunities Secure $MAG Tokens: The MAG token sale begins on July 23rd at 8:00 PM EST (July 24th, 8:00 AM Singapore Time). Participants are invited to join the Fair Launch at Fjord Foundry here . here here Explore the Ecosystem: Magnify Cash invites interested parties to discover its comprehensive ecosystem by visiting the Website . Access the Pitch Deck, engaging Intro Video, detailed Whitepaper, and technical Documentation. Website Website Engage with Our Community: Magnify Cash encourages joining its vibrant community for real-time updates and support. Follow us on Twitter , join the Telegram group , and participate in discussions on Discord . Twitter Twitter Telegram group Telegram group Discord Discord About Magnify Cash Magnify Cash is a non-custodial and permissionless decentralized credit market that empowers users to lend ERC-20 tokens and borrow against non-fungible tokens (NFTs) and Real-World Assets (RWAs) with unmatched flexibility and transparency. Committed to true decentralization, Magnify Cash ensures universal support for ERC-20 tokens as lending currencies and ERC-1155/ERC-721 assets as collateral. Magnify Cash Magnify Cash The protocol’s innovative approach to on-chain credit markets offers a fresh perspective in the evolving world of decentralized finance. For more information, users can visit https://Magnify.Cash or follow Magnify Cash on Twitter at X.com/MagnifyCash . https://Magnify.Cash https://Magnify.Cash X.com/MagnifyCash X.com/MagnifyCash Magnify Media Kit: Link . Link Link Contact Press Manager Magnify.Cash socials@magnify.cash This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Magnify Cash Launches DeFi Protocol And Announces $MAG Token Fair Launch

ম্যাগনিফাই ক্যাশ ডিফাই প্রোটোকল চালু করেছে এবং $MAG টোকেন ফেয়ার লঞ্চের ঘোষণা করেছে

Magnify Cash führt DeFi-Protokoll ein und kündigt fairen Start des $MAG-Tokens an

Magnify Cash lanza el protocolo DeFi y anuncia el lanzamiento de la feria de tokens $MAG

Magnify Cash lance le protocole DeFi et annonce le lancement du salon des jetons $MAG

मैग्नीफाई कैश ने DeFi प्रोटोकॉल लॉन्च किया और $MAG टोकन फेयर लॉन्च की घोषणा की

Magnify CashがDeFiプロトコルを立ち上げ、$MAGトークンフェアのローンチを発表

Magnify Cash, DeFi 프로토콜 출시 및 $MAG 토큰 박람회 출시 발표

Magnify Cash lança protocolo DeFi e anuncia lançamento da $MAG Token Fair

Magnify Cash запускает протокол DeFi и объявляет о честном запуске токена $MAG

Magnify Cash, DeFi Protokolünü Başlatıyor ve $MAG Token Fuarı Lansmanını Duyurdu

Magnify Cash ra mắt giao thức DeFi và công bố ra mắt công bằng token $MAG

Magnify Cash 推出 DeFi 协议并宣布 $MAG 代币公平发行

Golden Celestial Ratio (GCR): A Comprehensive Guide to the Divine Ecosystem

গোল্ডেন সেলেস্টিয়াল রেশিও (GCR): ডিভাইন ইকোসিস্টেমের একটি ব্যাপক নির্দেশিকা

Golden Celestial Ratio (GCR): Ein umfassender Leitfaden zum göttlichen Ökosystem

Proporción áurea celestial (GCR): una guía completa del ecosistema divino

Ratio Céleste Doré (GCR) : Un guide complet de l'écosystème divin

स्वर्णिम आकाशीय अनुपात (जीसीआर): दिव्य पारिस्थितिकी तंत्र के लिए एक व्यापक मार्गदर्शिका

黄金比（GCR）：神の生態系への総合ガイド

황금 천체 비율(GCR): 신성한 생태계에 대한 종합 가이드

Proporção Celestial Áurea (GCR): Um Guia Abrangente para o Ecossistema Divino

Золотое небесное сечение (GCR): подробное руководство по божественной экосистеме

Altın Gök Oranı (GCR): İlahi Ekosistem İçin Kapsamlı Bir Kılavuz

Tỷ lệ thiên thể vàng (GCR): Hướng dẫn toàn diện về hệ sinh thái thần thánh

黄金天体比例（GCR）：神圣生态系统的综合指南

Advertising used to be a world of guesses and broad demographics. I belong to the generation who grew up watching billboards and TV commercials for McDonald's and Coke. The cold battle between the rival brands was a strong hook that drew me into the world of business management. I still reminisce about the Hare Jordan ad that came out in 1993 as it was the hot topic in my high school basketball team. I ended up buying a pair of Air Jordans willy-nilly, breaking my piggybank, they were just too cool to resist! But ever since big data has ushered in this era, and I, like many content strategists, am intrigued and challenged by the ever-growing presence of AI. It is altering the roots of the advertising landscape, with its tentacles reaching into every aspect of my work – from the creation of ads to the targeting and optimization of campaigns. This transformation is not just about efficiency. Basically, mass-market ad campaigns and blasting messages to everyone are almost extinct now. With over 80% of companies expected to adopt automation by 2025, it is fundamentally changing how consumers experience advertising, and how we, as advertisers, approach our craft. We are using AI-powered algorithms that can analyze vast troves of consumer data to create hyper-personalized experiences, tailoring ads to individual preferences and needs with laser focus. With our recent introduction to iOS 18 at WWDC 2024, we can conclude that Apple is going very personal into AI (they call it Apple Intelligence). The sovereign approach to making all their apps and services AI-capable is their golden ticket to winning big in the AI race. But how will this affect advertisements? Well, a couple of months back, there were reports about Apple testing its AI-powered Ad Tool. So, this means personalization won’t be just about showing someone an ad for shoes they recently looked at online. We will be able to understand their lifestyle, aspirations, and even emotional state at a granular level to deliver an ad that resonates deeply. The impact extends far beyond just personalization as ad platforms can leverage AI for real-time bidding, automatically adjusting bids for ad placements based on complex calculations of audience likelihood to convert. This level of automation frees me up to focus on strategy and creative development while maximizing ROI for my clients. Sophie Eom, CEO and Co-Founder of Adriel emphasizes the transformative potential of AI in advertising as she mentioned, "Marketers and agencies are always busy day, night, and weekends. AI can automate much of the manual work, freeing up time and energy for more creative pursuits”. This statement perfectly aligns with the theoretical and practical aspects of AI safety and alignment, sidelining the idea of machines taking over human jobs. While the benefits of AI in advertising are undeniable, ethical concerns remain. Transparency around how data is collected and used for ad targeting is crucial. Additionally, AI algorithms can perpetuate societal biases if not carefully monitored. At a recent event at Stanford University, OpenAI CEO Sam Altman and Algorithmic Justice League founder Joy Buolamwini agreed on the need for government regulation to ensure responsible AI development. Altman called for global input and equitable representation in AI systems, while Buolamwini stressed that governments should act in the public interest to mitigate AI-related risks and inequities. This discussion underscores the critical balance between harnessing AI's benefits and addressing its potential societal harms, especially ensuring that AI models are free from bias. The future of advertising lies in a symbiotic relationship between human creativity and AI's analytical prowess. I am sure that AI will continue to automate tasks, optimize targeting, and personalize experiences, but human intuition will remain vital for crafting compelling ad narratives and strategies. As AI continues to evolve, one thing is certain: the days of generic, one-size-fits-all advertising are fading fast. The future belongs to AI-powered, hyper-personalized experiences that captivate consumers and forge deeper brand connections. The question remains - Are we prepared for the rise of ad machines in our businesses? or Should people be prepared for ads that could almost exactly predict what they need? Advertising used to be a world of guesses and broad demographics. I belong to the generation who grew up watching billboards and TV commercials for McDonald's and Coke. The cold battle between the rival brands was a strong hook that drew me into the world of business management. I still reminisce about the Hare Jordan ad that came out in 1993 as it was the hot topic in my high school basketball team. Hare Jordan ad Hare Jordan ad I ended up buying a pair of Air Jordans willy-nilly, breaking my piggybank, they were just too cool to resist! But ever since big data has ushered in this era, and I, like many content strategists, am intrigued and challenged by the ever-growing presence of AI. It is altering the roots of the advertising landscape, with its tentacles reaching into every aspect of my work – from the creation of ads to the targeting and optimization of campaigns. This transformation is not just about efficiency. Basically, mass-market ad campaigns and blasting messages to everyone are almost extinct now. With over 80% of companies expected to adopt automation by 2025, it is fundamentally changing how consumers experience advertising, and how we, as advertisers, approach our craft. We are using AI-powered algorithms that can analyze vast troves of consumer data to create hyper-personalized experiences, tailoring ads to individual preferences and needs with laser focus. With our recent introduction to iOS 18 at WWDC 2024, we can conclude that Apple is going very personal into AI (they call it Apple Intelligence). The sovereign approach to making all their apps and services AI-capable is their golden ticket to winning big in the AI race. But how will this affect advertisements? Well, a couple of months back, there were reports about Apple testing its AI-powered Ad Tool. So, this means personalization won’t be just about showing someone an ad for shoes they recently looked at online. We will be able to understand their lifestyle, aspirations, and even emotional state at a granular level to deliver an ad that resonates deeply. reports reports The impact extends far beyond just personalization as ad platforms can leverage AI for real-time bidding, automatically adjusting bids for ad placements based on complex calculations of audience likelihood to convert. This level of automation frees me up to focus on strategy and creative development while maximizing ROI for my clients. Sophie Eom, CEO and Co-Founder of Adriel emphasizes the transformative potential of AI in advertising as she mentioned, "Marketers and agencies are always busy day, night, and weekends. AI can automate much of the manual work, freeing up time and energy for more creative pursuits”. This statement perfectly aligns with the theoretical and practical aspects of AI safety and alignment , sidelining the idea of machines taking over human jobs. emphasizes emphasizes AI safety and alignment AI safety and alignment While the benefits of AI in advertising are undeniable, ethical concerns remain. Transparency around how data is collected and used for ad targeting is crucial. Additionally, AI algorithms can perpetuate societal biases if not carefully monitored. At a recent event at Stanford University, OpenAI CEO Sam Altman and Algorithmic Justice League founder Joy Buolamwini agreed on the need for government regulation to ensure responsible AI development. Altman called for global input and equitable representation in AI systems, while Buolamwini stressed that governments should act in the public interest to mitigate AI-related risks and inequities. recent event recent event This discussion underscores the critical balance between harnessing AI's benefits and addressing its potential societal harms, especially ensuring that AI models are free from bias. The future of advertising lies in a symbiotic relationship between human creativity and AI's analytical prowess. I am sure that AI will continue to automate tasks, optimize targeting, and personalize experiences, but human intuition will remain vital for crafting compelling ad narratives and strategies. As AI continues to evolve, one thing is certain: the days of generic, one-size-fits-all advertising are fading fast . The future belongs to AI-powered, hyper-personalized experiences that captivate consumers and forge deeper brand connections. the days of generic, one-size-fits-all advertising are fading fast The question remains - Are we prepared for the rise of ad machines in our businesses? or Should people be prepared for ads that could almost exactly predict what they need? Are we prepared for the rise of ad machines in our businesses? Are we prepared for the rise of ad machines in our businesses? Should people be prepared for ads that could almost exactly predict what they need? Should people be prepared for ads that could almost exactly predict what they need?

Should We Brace Ourselves for AI Ad-machines?

Blockchain games have hit the headlines for rewarding players with cryptocurrency based on their performance and the level of effort they put into playing games. It’s an emerging niche within the crypto industry that undoubtedly has huge potential, but it’s also one that has struggled to gain popularity with traditional gamers. Many play-to-earn games struggle to effectively engage their communities, which lowers the value of the incentives they offer. One of the main reasons for this lack of engagement is the “grind-like” experience of many blockchain games, which feel more like a chore than an enjoyable hobby. Games are meant to be entertaining, but when players have to grind through repeated battles or challenges, it can quickly become a source of frustration, causing a loss of interest. Another problem is the unsustainable economic models found in many blockchain games. The issue is one of tokenomics. Games developers are generally experts in creating games, but they’re not always so hot in terms of designing an economy. For a game’s crypto rewards to accrue value, they need to provide utility for their in-game tokens to establish demand. This means building a crypto payments infrastructure that can support a vibrant economy, enabling players to spend their rewards and recycle value throughout the game. But without user engagement, it’s almost impossible to create this kind of flourishing economy, and this is an area where many games fall short. Because the games are less entertaining and more about grinding, there’s little excitement within the game’s community. How to engage gaming audiences? The challenge for blockchain game developers then is to create an entertaining game complete with rewarding experiences that are accessible to every player. In doing so, this can help to foster a more lively community that’s much more engaged, with vibrant forums and social media discussions and multiple ways to put the rewards they earn into practice. Doing this requires developers to think outside of the box about the ways they can grab and then keep the attention of players. Some ideas include making games more equitable and inclusive, perhaps by distributing rewards based on the player’s skills and achievements, as opposed to the time they invest in the game. This can ensure that the best players are rewarded for striving to up their game. In doing this, developers can foster discussions among the community, rewarding the best players for sharing hints and tips with others to improve their performance. To further stimulate attention and brand loyalty, blockchain games can tap into external platforms such as Azarus, the live streaming platform for video games. The best players can livestream their gameplay via Azarus and interact with their audiences during gameplay to create more excitement. The great thing about Azarus is that it rewards players for sharing their gameplay experiences, meaning players gain additional incentives. Players also have a way to use their rewards on Azarus. The company recently announced support for crypto payments in the Azarus store, enabling players to spend both their AZA rewards and their in-game rewards on items such as Netflix gift cards and new video game titles such as Homeworld 3 and Hellblade 2. To further encourage a vibrant in-game economy, developers need to look at incorporating GameFi elements into their games. A good example of this is Eldarune, an immersive RPG game built on ChainStack that not only offers in-game rewards, but also tons of passive income earning opportunities, such as the ability to stake ELDA tokens, loan NFTs to other players, engage in yield farming, provide liquidity and more. Eldarune has created an extensive crypto payments infrastructure to support these GameFi activities. By providing these kinds of opportunities, developers will generate interest that expands beyond the actual gameplay to encompass all of the financial activities that make their in-game economies go round. It also serves to boost engagement and help create a more sustainable environment for growing the real-world value of their in-game assets. Engagement drives in-game economies Blockchain games have the potential to transform the gaming industry by introducing economic opportunities for gamers, effectively giving something back to their communities of players. However, building a game on the blockchain and integrating crypto payments is not a magic bullet. Developers must focus on building an engaging platform together with a sustainable economy players to engage in financial interactions. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Blockchain games have hit the headlines for rewarding players with cryptocurrency based on their performance and the level of effort they put into playing games. It’s an emerging niche within the crypto industry that undoubtedly has huge potential, but it’s also one that has struggled to gain popularity with traditional gamers. Many play-to-earn games struggle to effectively engage their communities, which lowers the value of the incentives they offer. One of the main reasons for this lack of engagement is the “grind-like” experience of many blockchain games, which feel more like a chore than an enjoyable hobby. Games are meant to be entertaining, but when players have to grind through repeated battles or challenges, it can quickly become a source of frustration, causing a loss of interest. Another problem is the unsustainable economic models found in many blockchain games. The issue is one of tokenomics. Games developers are generally experts in creating games, but they’re not always so hot in terms of designing an economy. For a game’s crypto rewards to accrue value, they need to provide utility for their in-game tokens to establish demand. This means building a crypto payments infrastructure that can support a vibrant economy, enabling players to spend their rewards and recycle value throughout the game. But without user engagement, it’s almost impossible to create this kind of flourishing economy, and this is an area where many games fall short. Because the games are less entertaining and more about grinding, there’s little excitement within the game’s community. How to engage gaming audiences? The challenge for blockchain game developers then is to create an entertaining game complete with rewarding experiences that are accessible to every player. In doing so, this can help to foster a more lively community that’s much more engaged, with vibrant forums and social media discussions and multiple ways to put the rewards they earn into practice. Doing this requires developers to think outside of the box about the ways they can grab and then keep the attention of players. Some ideas include making games more equitable and inclusive, perhaps by distributing rewards based on the player’s skills and achievements, as opposed to the time they invest in the game. This can ensure that the best players are rewarded for striving to up their game. In doing this, developers can foster discussions among the community, rewarding the best players for sharing hints and tips with others to improve their performance. To further stimulate attention and brand loyalty, blockchain games can tap into external platforms such as Azarus , the live streaming platform for video games. The best players can livestream their gameplay via Azarus and interact with their audiences during gameplay to create more excitement. The great thing about Azarus is that it rewards players for sharing their gameplay experiences, meaning players gain additional incentives. Azarus Azarus Players also have a way to use their rewards on Azarus. The company recently announced support for crypto payments in the Azarus store, enabling players to spend both their AZA rewards and their in-game rewards on items such as Netflix gift cards and new video game titles such as Homeworld 3 and Hellblade 2. support for crypto payments support for crypto payments To further encourage a vibrant in-game economy, developers need to look at incorporating GameFi elements into their games. A good example of this is Eldarune , an immersive RPG game built on ChainStack that not only offers in-game rewards, but also tons of passive income earning opportunities , such as the ability to stake ELDA tokens, loan NFTs to other players, engage in yield farming, provide liquidity and more. Eldarune has created an extensive crypto payments infrastructure to support these GameFi activities. Eldarune Eldarune passive income earning opportunities passive income earning opportunities By providing these kinds of opportunities, developers will generate interest that expands beyond the actual gameplay to encompass all of the financial activities that make their in-game economies go round. It also serves to boost engagement and help create a more sustainable environment for growing the real-world value of their in-game assets. Engagement drives in-game economies Blockchain games have the potential to transform the gaming industry by introducing economic opportunities for gamers, effectively giving something back to their communities of players. However, building a game on the blockchain and integrating crypto payments is not a magic bullet. Developers must focus on building an engaging platform together with a sustainable economy players to engage in financial interactions. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: business blogging program business blogging program

Azarus Boosts Player Engagement Through Live Streaming

আজারস লাইভ স্ট্রিমিংয়ের মাধ্যমে প্লেয়ারের ব্যস্ততা বাড়ায়

Azarus steigert das Engagement der Spieler durch Live-Streaming

Azarus aumenta la participación de los jugadores a través de la transmisión en vivo

Azarus stimule l'engagement des joueurs grâce à la diffusion en direct

अज़ारस लाइव स्ट्रीमिंग के माध्यम से खिलाड़ियों की सहभागिता को बढ़ाता है

Azarus はライブストリーミングを通じてプレイヤーのエンゲージメントを高めます

Azarus는 라이브 스트리밍을 통해 플레이어 참여를 향상합니다.

Azarus aumenta o envolvimento dos jogadores por meio de transmissão ao vivo

Azarus повышает вовлеченность игроков посредством прямых трансляций

Azarus, Canlı Yayın Yoluyla Oyuncu Etkileşimini Artırıyor

Azarus tăng cường sự tham gia của người chơi thông qua phát trực tiếp

Azarus 通过直播提高玩家参与度

For some, blockchain technology is many things rolled into one, while for others, it is simply a complex, over-hyped technology that needs to be abstracted away into the background. Neither of these theses is totally wrong. Meanwhile, readers will be well advised to remember that when it comes to blockchain technology, there is only a thin line between reality and hype. This article focuses on the reality of blockchain as an emerging technology, a silent disruptor, and a potential catalyst for transformation in human society. Blockchain technology, often the subject of headlines due to its association with cryptocurrencies like Bitcoin, is quietly weaving its magic into a tapestry far more intricate than just digital coins. At its core, blockchain is a distributed ledger technology that offers a secure, transparent, and decentralized way of recording and tracking data. How is this unique set of features fundamentally changing the way we interact with information and conduct transactions across a diverse range of industries? Let’s find out! Financial Transformation: Cutting Out the Middleman The traditional financial system is built on a third-party custodial model, which allows financial institutions like banks to act as custodians of your money and other valuable assets. As third-party intermediaries, they manage your accounts, facilitate transactions, and provide financial services. While this system offers some advantages such as security and convenience, its setbacks include high transaction costs, limited control, and limited access. The emergence of blockchain technology has disrupted this model by facilitating peer-to-peer (P2P) transactions without the need for a central authority. Do you remember the last time you received money from a friend or relative who lives in another country? As you might be aware, this process typically involves an international wire transfer, a high transaction fee, and usually takes days to complete. Blockchain cuts out the middlemen by enabling peer-to-peer transactions on a blockchain network. The transaction is recorded on a public ledger, accessible to all participants, ensuring transparency and immutability. This eliminates the need for intermediaries, reduces costs significantly, and speeds up the entire process. In a 2022 report, Accenture found that RippleNet can potentially save financial institutions an average of 70% on cross-border payments. This not only benefits banks but also opens up financial services to unbanked populations who previously lacked access to traditional banking systems. Supply Chain: Tracking The Dots The supply chain industry continues to grapple with certain setbacks emanating from the movement of goods through complex and demanding logistics. In most cases, this process is fraught with errors, fraud, and inefficiency. Blockchain addresses this problem through a tamper-proof record of every step a product takes, from its origin to its final destination. Picture this: a coffee business seeking to ensure the sourcing of its coffee beans. Traditionally, authenticating the source could pose a significant challenge, leaving room for doubt and exploitation. Leveraging blockchain can help track the journey of this produce from the point of harvesting to the time of its processing, packaging, and transporting, with each process stored on a shared public ledger. Example: Tracking Diamonds The diamond industry, known to be historically opaque, has benefited from blockchain technology. Everledger, a diamond company, estimated that its platform has tracked more than 4 million diamonds throughout the supply chain leveraging blockchain technology. It does so by assigning each diamond a unique digital identity linked to its origin, characteristics, and ownership history, allowing consumers to verify the authenticity and ethical sourcing of their diamonds. Decentralized Video Streaming Decentralized Video Streaming (DVS) is a major disruptor in the traditional video streaming landscape. Let's explore this disruption using Replay as a case study. Traditional video streaming relies on centralized servers owned by companies like Netflix or Hulu. This model has its advantages, like content curation and ease of use. However, it also comes with drawbacks such as centralized control, censorship and geoblocking, and profit sharing. Traditionally, it is extremely difficult to ensure that the music is not pirated and the musician receives royalties whenever it is played. Leveraging blockchain, the musician can tokenize their album and create a unique digital token for each copy. These tokens can be tracked and monitored, ensuring the musician receives a fair compensation. Replay As a Case Study Replay is a decentralized video streaming platform that uses blockchain technology to address the challenges of video licensing and tracking in the current streaming landscape. It proposes a solution to ensure transparency and efficiency for all stakeholders, including creators, viewers, and partners. Creators can upload content and receive compensation for views.
Viewers can earn rewards by watching content and engaging with the platform.
Partners can leverage Replay's technology to distribute their content. Rewarded.TV is the first streaming service built on Replay's technology. Identity Management: From Passwords to Portable Identities Blockchain has the capacity to revolutionize identity management by creating a secure, seamless, and portable digital identity. This digital identity would be stored on a blockchain network, accessible only by the user with a private key. It usually contains verifiable information about the individual, such as name, date of birth, and educational qualifications. Picture this: a world where you don't need to remember countless passwords or fill out lengthy forms every time you sign up for a new service. With blockchain-based digital identity, you could grant access to specific pieces of your information to different entities. This eliminates the need for centralized databases of personal information and reduces the risk of identity theft. Example: Estonia's Blockchain Identity System Estonia, a small nation in Europe, has been experimenting with a blockchain-based digital identity system since 2016, making it a pioneer in this field. Estonian citizens can use their digital ID to access various government services, sign documents electronically, and even vote online. This system has been hailed for its security, convenience, and efficiency. The success of Estonia's program demonstrates the potential of blockchain technology to revolutionize identity management on a global scale. By providing individuals with control over their data and streamlining verification processes, blockchain can usher in a new era of secure and user-centric identity management systems. Blockchain Voting: Enhancing Trust and Security The integrity of elections is paramount in a thriving democracy. However, traditional voting systems can be vulnerable to fraud, rigging, and technical difficulties. Blockchain's secure and transparent nature makes it a potential game-changer for voting systems around the world. Imagine a secure online voting platform built on blockchain technology. Voters could cast their ballots electronically, with the entire process recorded on a public ledger. This would ensure the immutability of votes and provide a verifiable audit system. Moreover, blockchain can eliminate the need for physical polling stations, potentially increasing voter turnout and making the voting process more accessible. Example: West Virginia's Pioneering Blockchain Voting Program West Virginia conducted the first-ever public blockchain voting pilot program in the United States in 2020. Although limited in scope, the program allowed overseas military personnel to cast their votes securely through blockchain technology. The program highlighted the potential of blockchain to enhance the security and accessibility of elections. Conclusion Blockchain technology is still in its early stages of development, but its disruptive potential is vast. As the technology advances with various use cases, we can expect to see even more far-reaching changes across various industries. The key to harnessing the power of blockchain lies in its ability to foster trust and transparency. By eliminating the need for intermediaries, streamlining processes, and empowering individuals with control over their data, blockchain promises to usher in a more efficient, secure, and inclusive future. Finally, it is crucial to develop robust regulations and ensure equitable access to this transformative technology. For some, blockchain technology is many things rolled into one, while for others, it is simply a complex, over-hyped technology that needs to be abstracted away into the background. Neither of these theses is totally wrong. Meanwhile, readers will be well advised to remember that when it comes to blockchain technology, there is only a thin line between reality and hype. This article focuses on the reality of blockchain as an emerging technology, a silent disruptor, and a potential catalyst for transformation in human society. Blockchain technology, often the subject of headlines due to its association with cryptocurrencies like Bitcoin, is quietly weaving its magic into a tapestry far more intricate than just digital coins. At its core, blockchain is a distributed ledger technology that offers a secure, transparent, and decentralized way of recording and tracking data. How is this unique set of features fundamentally changing the way we interact with information and conduct transactions across a diverse range of industries? Let’s find out! Financial Transformation: Cutting Out the Middleman The traditional financial system is built on a third-party custodial model, which allows financial institutions like banks to act as custodians of your money and other valuable assets. As third-party intermediaries, they manage your accounts, facilitate transactions, and provide financial services. While this system offers some advantages such as security and convenience, its setbacks include high transaction costs, limited control, and limited access. The emergence of blockchain technology has disrupted this model by facilitating peer-to-peer (P2P) transactions without the need for a central authority. Do you remember the last time you received money from a friend or relative who lives in another country? As you might be aware, this process typically involves an international wire transfer, a high transaction fee, and usually takes days to complete. Blockchain cuts out the middlemen by enabling peer-to-peer transactions on a blockchain network. The transaction is recorded on a public ledger, accessible to all participants, ensuring transparency and immutability. This eliminates the need for intermediaries, reduces costs significantly, and speeds up the entire process. In a 2022 report, Accenture found that RippleNet can potentially save financial institutions an average of 70% on cross-border payments. This not only benefits banks but also opens up financial services to unbanked populations who previously lacked access to traditional banking systems. Supply Chain: Tracking The Dots The supply chain industry continues to grapple with certain setbacks emanating from the movement of goods through complex and demanding logistics. In most cases, this process is fraught with errors, fraud, and inefficiency. Blockchain addresses this problem through a tamper-proof record of every step a product takes, from its origin to its final destination. Picture this: a coffee business seeking to ensure the sourcing of its coffee beans. Traditionally, authenticating the source could pose a significant challenge, leaving room for doubt and exploitation. Leveraging blockchain can help track the journey of this produce from the point of harvesting to the time of its processing, packaging, and transporting, with each process stored on a shared public ledger. Example: Tracking Diamonds Example: Tracking Diamonds The diamond industry, known to be historically opaque, has benefited from blockchain technology. Everledger, a diamond company, estimated that its platform has tracked more than 4 million diamonds throughout the supply chain leveraging blockchain technology. It does so by assigning each diamond a unique digital identity linked to its origin, characteristics, and ownership history, allowing consumers to verify the authenticity and ethical sourcing of their diamonds. Decentralized Video Streaming Decentralized Video Streaming (DVS) is a major disruptor in the traditional video streaming landscape. Let's explore this disruption using Replay as a case study. Traditional video streaming relies on centralized servers owned by companies like Netflix or Hulu. This model has its advantages, like content curation and ease of use. However, it also comes with drawbacks such as centralized control, censorship and geoblocking, and profit sharing. Traditionally, it is extremely difficult to ensure that the music is not pirated and the musician receives royalties whenever it is played. Leveraging blockchain, the musician can tokenize their album and create a unique digital token for each copy. These tokens can be tracked and monitored, ensuring the musician receives a fair compensation. Replay As a Case Study Replay is a decentralized video streaming platform that uses blockchain technology to address the challenges of video licensing and tracking in the current streaming landscape. It proposes a solution to ensure transparency and efficiency for all stakeholders, including creators, viewers, and partners. Creators can upload content and receive compensation for views. Viewers can earn rewards by watching content and engaging with the platform. Partners can leverage Replay's technology to distribute their content. Creators can upload content and receive compensation for views. Viewers can earn rewards by watching content and engaging with the platform. Partners can leverage Replay's technology to distribute their content. Rewarded.TV is the first streaming service built on Replay's technology. Identity Management: From Passwords to Portable Identities Blockchain has the capacity to revolutionize identity management by creating a secure, seamless, and portable digital identity. This digital identity would be stored on a blockchain network, accessible only by the user with a private key. It usually contains verifiable information about the individual, such as name, date of birth, and educational qualifications. Picture this: a world where you don't need to remember countless passwords or fill out lengthy forms every time you sign up for a new service. With blockchain-based digital identity, you could grant access to specific pieces of your information to different entities. This eliminates the need for centralized databases of personal information and reduces the risk of identity theft. Example: Estonia's Blockchain Identity System Example: Estonia's Blockchain Identity System Estonia, a small nation in Europe, has been experimenting with a blockchain-based digital identity system since 2016, making it a pioneer in this field. Estonian citizens can use their digital ID to access various government services, sign documents electronically, and even vote online. This system has been hailed for its security, convenience, and efficiency. The success of Estonia's program demonstrates the potential of blockchain technology to revolutionize identity management on a global scale. By providing individuals with control over their data and streamlining verification processes, blockchain can usher in a new era of secure and user-centric identity management systems. Blockchain Voting: Enhancing Trust and Security The integrity of elections is paramount in a thriving democracy. However, traditional voting systems can be vulnerable to fraud, rigging, and technical difficulties. Blockchain's secure and transparent nature makes it a potential game-changer for voting systems around the world. Imagine a secure online voting platform built on blockchain technology. Voters could cast their ballots electronically, with the entire process recorded on a public ledger. This would ensure the immutability of votes and provide a verifiable audit system. Moreover, blockchain can eliminate the need for physical polling stations, potentially increasing voter turnout and making the voting process more accessible. Example: West Virginia's Pioneering Blockchain Voting Program Example: West Virginia's Pioneering Blockchain Voting Program West Virginia conducted the first-ever public blockchain voting pilot program in the United States in 2020. Although limited in scope, the program allowed overseas military personnel to cast their votes securely through blockchain technology. The program highlighted the potential of blockchain to enhance the security and accessibility of elections. Conclusion Blockchain technology is still in its early stages of development, but its disruptive potential is vast. As the technology advances with various use cases, we can expect to see even more far-reaching changes across various industries. The key to harnessing the power of blockchain lies in its ability to foster trust and transparency. By eliminating the need for intermediaries, streamlining processes, and empowering individuals with control over their data, blockchain promises to usher in a more efficient, secure, and inclusive future. Finally, it is crucial to develop robust regulations and ensure equitable access to this transformative technology.

Five Notable Disruptions Blockchain Is Bringing To The World

SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 3 of 26. NATURE OF THE PROCEEDINGS AND RELIEF SOUGHT 16. The Commission brings this action pursuant to the authority conferred upon it by Securities Act Sections 20(b) and 20(d) [15 U.S.C. §§ 77t(b) and 77t(d)], and Exchange Act Section 21(d) [15 U.S.C. § 78u(d)]. 17. The Commission seeks a final judgment: (a) permanently enjoining Defendant from violating the federal securities laws this Complaint alleges it has violated; (b) ordering Defendant to pay civil money penalties pursuant to Securities Act Section 20(d) [15 U.S.C. § 77t(d)] and Exchange Act Section 21(d)(3) [15 U.S.C. § 78u(d)(3)]; and (c) ordering any other and further relief, including equitable relief and other relief pursuant to Exchange Act Section 21(d) [15 U.S.C. § 78u(d)], the Court may deem just and proper. Continue Reading Here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.
This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 3 of 26. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series . You can jump to any part in this filing here . This part is 3 of 26. HackerNoon’s Legal PDF Series here NATURE OF THE PROCEEDINGS AND RELIEF SOUGHT 16. The Commission brings this action pursuant to the authority conferred upon it by Securities Act Sections 20(b) and 20(d) [15 U.S.C. §§ 77t(b) and 77t(d)], and Exchange Act Section 21(d) [15 U.S.C. § 78u(d)]. 17. The Commission seeks a final judgment: (a) permanently enjoining Defendant from violating the federal securities laws this Complaint alleges it has violated; (b) ordering Defendant to pay civil money penalties pursuant to Securities Act Section 20(d) [15 U.S.C. § 77t(d)] and Exchange Act Section 21(d)(3) [15 U.S.C. § 78u(d)(3)]; and (c) ordering any other and further relief, including equitable relief and other relief pursuant to Exchange Act Section 21(d) [15 U.S.C. § 78u(d)], the Court may deem just and proper. Continue Reading Here. Continue Reading Here . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. storage.courtlistener.com

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