The latest developments in the Bruce Lehrmann case are an expression of poisonous fallings out and the reckless tabloid culture in Sydney media.

Inside the ‘dirty strategy lunches in media city’ | The Saturday Paper

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, and MarketWatch through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and Internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related services on its Websites and mobile applications; online real estate services; and professional software and service products, which comprise Top Producer and ListHub. News Corporation is headquartered in New York, New York.

News Corp.

Crypto bros, rejoice! 2024 might as well be renamed the year of the crypto now that the US Securities and Exchange Commission has opened the floodgates into crypto investment with the approval of a spot bitcoin exchange traded fund, causing the world's most popular cryptocurrency to hit the highest it has ever been since April 2022. And it's not even the end of January! The approval of the ETF, which had been a hot topic for years and had recently picked up steam after the likes of Blackrock and had on the US SEC's door seeking its nod, is now being described as a watershed moment for bitcoin and cryptocurrencies as a whole. Grayscale knocked again But the writing was on the wall though. In fact, a recent poll conducted by betting platform Polymarket showed the odds in favor of a bitcoin ETF being approved by the US Securities and Exchange Commission by the 15th. According to a CoinDesk , an overwhelming 85% of market participants believed the ETF could be approved later this month. Meanwhile, the good folks at Bloomberg, (yes, Bloomberg!), had pegged the chances at over 90%! report At HackerNoon, however, readers were a lot more pessimistic as only 46% thought such a thing would be possible while another 31% thought it might happen, just not this month. HackerNoon CEO David Smooke was one of the beliebers believers (unlike * *HackerNoon editors). some Now that the ETF is approved, it does raise some questions about exactly how valuable bitcoins and/or cryptocurrencies actually are. Most will tell you that the magical number is now in sight, and while that may or may not happen, there are the likes of data provider CryptoQuant which had previously that the ETF approval would trigger a sell off. $100,000 warned As of publication, it doesn't look like bitcoin has actually gone past the $50,000 mark, but that's no reason for the hodlers and diamond hands to worry as optimism surrounding cryptocurrencies , with more and more people pointing at a to drive home the fact that maybe, just maybe, cryptocurrencies will finally live up to their promise (whatever they might be). persists flurry of events And so, it just might be: 2024, The Year of the Crypto™. 👋 You’re reading HackerNoon's Tech Company News Brief, a weekly collection of tech goodness that combines HackerNoon's proprietary data with internet trends to determine which companies are rising and falling in the public consciousness. ubscribe to receive the newsletter in your inbox every Tuesday. S here complete Microsoft, OpenAI Hit With Copyright Lawsuits Ah. What edition of HackerNoon's Tech Company News Brief be complete without a mention of artificial intelligence? I mean, if it's not crypto, it's definitely AI. Well, it looks like and are getting into trouble for profiteering off of other peoples' work by building AI products using content available on the internet. The big one, in case you missed it, was this the New York Times filed against Microsoft and OpenAI for allegedly copying and using millions of its works to build generative artificial intelligence tools that rely on so-called large-language models. Microsoft OpenAI lawsuit But funnily, while the NYT is taking the lawsuit route now, it had been in negotiations with OpenAI on licensing its content. For one reason or the other (maybe it was the money?) negotiations fell through, and the NYT decided to file a lawsuit. But while that plays out in court, the NYT itself reported that other large US media organizations are already in talks with the companies to license their work. We're talking about the likes of Gannett, News Corp and IAC, who are deciding the pricing and terms of licensing the work they produce to Microsoft and OpenAI to build or enhance their AI products, like ChatGPT. In fact, a now says CNN, Fox and Time are also discussing terms with the ChatGPT creator. new report If news organizations licensing their content alarms you, it's important to note that The Associated Press already sells its content to OpenAI and so does Germany's Axel Springer, but that doesn't mean Sam Altman just wants to keep everyone that comes knocking to his offices. In fact, only recently the OpenAI CEO tried to make a case for continuing to use copyrighted work to train AI by arguing it under fair use. That is essentially the that Mark Zuckerberg's Meta plans to make if any of or 's users try to sue the company for using their posts to develop the company's own AI. fell same argument Facebook Instagram But think about it, though. If something like ChatGPT can learn how reporters write stories, could it then replicate seemingly believable stories to fool the masses into one action or the other? The future looks bleak if one were to believe so. It seems like jokes about AI manipulating people by controlling the media and the news are no longer going to remain jokes. 🤫 Microsoft ranked #14 on HackerNoon's Tech Company Rankings this week. New Year, New Layoffs Looks like we're experiencing a repeat of 2023. While the extent of job cuts isn't as severe as the one we saw at the beginning of 2023, just announced that it would be laying off hundreds of its employees across multiple teams, and damn*!* Google Last year was a tough time to be working in tech as almost every major tech giant announced job cuts affecting thousands of people. We're talking , , , Google, - you name it, and they were there. The rationale was that these companies had hired way too many people during the COVID-19 pandemic and didn't really know what to do with them anymore now that demand for their products was tapering off (and like, why wouldn't it, now that people could go outside and touch grass!). Meta Microsoft Amazon Twitter/X While things at Google might not be pleasant, they're downright nasty at videogame software provider Unity Software which is of about a quarter of its workforce (roughly 1,800 people). The company recently courted some controversy after introducing a fee system for developers using its software to create games; the move was not popular, forcing the company to . letting go revert the changes To top things off, Amazon too is of several hundred people at some of its divisions marking yet another tumultuous start to the year for tech works. letting go Google ranked #2 on HackerNoon's Tech Company Rankings this week. Amazon was on the #11 spot. In Other News.. 📰 Apple shares the most popular podcasts of 2023 — via Apple CES 2024: The weirdest tech, gadgets and AI claims from Las Vegas — via TechCrunch Snapchat to let parents decide whether their teens can use the app’s AI chatbot — via CNN Microsoft overtakes Apple as world's most valuable company — via Reuters Exclusive: Even Bill Gates was surprised by ChatGPT — via Axios And that's a wrap! Don't forget to share this newsletter with your family and friends! See y'all next week. PEACE! ☮️ — Sheharyar Khan, Editor, Business Tech @ HackerNoon

The Year of the Crypto

ক্রিপ্টোর বছর

Das Jahr der Krypto

El año de las criptomonedas

L'année de la crypto

क्रिप्टो का वर्ष

暗号通貨の年

암호화폐의 해

O ano da criptografia

Год крипты

Kripto Yılı

Năm của tiền điện tử

加密货币年

All about the OTT App Market The best over-the-top, or OTT, apps provide an essential turnkey to offer customized solutions. find this a potential opportunity to launch a scalable application in just a matter of weeks! For example, Netflix or Hulu over-the-top services have turned the entertainment sector into a profitable industry, especially for content owners, social media marketers. OTT platform providers These apps enhance popular video streaming services with essential features to stream digitized content in smart TVs, laptops, personal computers, androids, & many more compatible devices. This helps them facilitate elevated user engagement within their best OTT platforms, providing customers with a convenient and ad-free experience. According to , the global video streaming market is expected to have an impactful compound annual growth rate of about . grand view research’s report 21% from 2021 to 2026 Outlining Predominant Market Players: 1. Netflix The ever-growing top of by Marc Randolf and Reed Hastings. Initially, they pioneered the very concept of renting DVDs through the mail by charging viewers a monthly fee. Later, they came up with TVshows, movies directly streaming into , they grew as top distributors and producers for both of the streaming genres mentioned earlier. OTT platform Netflix was started in 1997 customers' PCs. In 2012 To top it all, the movie streaming apps in both media formats, Android and iOS apps, have an impressive collection of content libraries which include original series, movies, and programs captured in distinctive languages, making it well-diversified. Undoubtedly, that states the reason why Netflix carries . paid customers spanning 190 countries Some of the amazing factors that pick up attention are: Netflix largely captures a 63% market share in the U.S. OTT video streaming industry is expected to see a hike of $73.9B by 2024 In the majority, 60% of Gen-Xers watch their streaming videos on a daily basis Watching Pay-TV is fading, and users allot less than 30 mins a day 2. Hulu The pioneer OTT video platform of Hulu, based in the U.S., provides video streaming subscription services. and was initially a joint venture between NBC, News Corp., Province Equity Partners, and later The Walt Disney Co. but is now majority-owned by Disney. Hulu was launched in the year 2007 This OTT streaming solution facilitates users with unique and unfettered access to new episodes, and in 2017 they launched Hulu with Live TV offering over-the-top IPTV services that featured linear television channels.  As of 2021, Hulu carries 41.6 million subscribers. A look into some exceptional facts: As per records, Hulu is known to invest more than $2.5 billion each year on content Surprisingly, Hulu Ads are found to be 2x more effective than TV Ads Hulu OTT TV app allows registration via email as well as social media They offer 43 different video ads to their users every month Hulu is one and only available in two countries: the U.S. and Japan 3. HBO Now HBO Now is one of the biggest inspirations you can use to build your best OTT app development company. It was , and this American subscription video-on-demand streaming service became one of the favourite amongst consumers. launched officially in 2015 The surprising factor catches our attention when we come to know that this 5-year old standalone Subscription-based OTT solution provider facilitates access control to the platform through HBONow.com, Google, or  Apple TV to their users by effortlessly getting switched to Max no extra charge.. Interesting facts that hold and attracts views are: HBO Now has more than 10,000 hrs of content at launch Home Box Office (HBO) was originally named the green channel HBO carries around 44.2M subscribers as of the fourth quarter of 2021 In the early 1970s, they distributed signals using microwave Its first live event coverage was 1973’s Pennsylvania Polka Festival So far, we have seen the industry's pioneer leaders of OTT streaming solutions and their growth over time. Now we will get into its types and check how to create an exclusive OTT app! What are the Types of OTT Apps? There are two major types in which you can capture your audience’s attention when you plan to have your own application specifically designed via OTT app development. Primarily, they are developed where the majority of your audience resides to watch your content. And, that is in mobile or television. Both are broadcasted in audio as well in video formats. You can have your dynamic OTT apps in a categorical manner, suiting its niche preferences. 1. Video When you plan to have an effective interactive streaming platform or an app in the OTT industry, you want to engage markets, as most service providers do, with high-quality video players and content with clickable user interfaces to entice all kinds of demographics on the move. 2. Audio You can set your niche brand by having audio-based OTT platform apps where your users can listen to your curated pieces of OTT content, such as live audio, engaging podcasts, and radio broadcasts. Now, in the next segment, let’s take a look at: Building a Streaming App for OTT Business 1. Wherever your target audience is, be there Due to sophisticated streaming capabilities, providing an engaging viewing experience with high-end quality is the backbone of your OTT development. As a result, you can quickly reach out to every target base through devices like smart TVs, Android, iOS, mobile or web apps;  smartphones; tablets; desktops, etc., and observe user behavior to serve as per their preferences. 2. The Key to Engagement is Personalization Only by providing new streams of material within your white-label OTT platform, your audiences will remain continually engaged. For example, if you broadcast a big movie every Thursday, people will devote their entire schedule to watching it within the OTT branded apps on the go. So, pick which form of personalization will catch their interest and stick to it for a while. 3. Each Screen Has Its Own Viewing Experience Every device has its own unique OTT TV solution viewing experience that is feasible and versatile for your users worldwide. Also, with streaming analytical capabilities, you'll be able to target and analyze every device user who can now effortlessly use your platform and make any subscription transaction. 4. Help Audiences Find Your Content In Seconds Is your information categorically placed in a way that allows easy searchability? If you've already done it, the best method to talk about your popular content is to incorporate a theme around your OTT platform development, such as movies, music shows, kids, news, games, and so on, so that people may find your content under these categories while they're surfing the web in general and have no specific preferences. 5. The way to scale your OTT TV platform success Through analytical tools and feature-rich services offered under a single white-label OTT solution, you may constantly or periodically update your over-the-top software's functionality and control its efficiency. Furthermore, you can now effortlessly acquire insights like audience tracking data, live custom analytics, browsing insights, reviews of your OTT app platform, and more while on the go! Highlighted Features to Determine Your OTT App Revenues 1. Easy App Onboarding Improve your user’s entire OTT streaming app experience by making registration, verification, and profile creation as simple as possible. Make it possible for them to sign up through social networking platforms as well. 2. Search Feature It’s a must for over-the-top app builders to ensure your users have smooth navigation where they can find their favorite content. It's a quintessential function that you may customize with genre, language, and other options. 3. Multilingual Content Definitely, your subscribers might want to enjoy streams globally. They need to understand your content in the language they prefer and make it more relatable. So, your OTT streaming app should be flexible in streaming content in many languages. 4. Watchlist The watchlist integration lets you know whether your viewers want to save items for later viewing. In addition, this feature will aid in creating an in-app notification strategy and monetize new streams that are introduced using their own white-label OTT solution. 5. Payment Gateway Integration Whether you're using Google or Apple as your operating system, you can add your own payment gateway service. In addition, in-app purchases in advanced mobile frameworks are available and made easy for your potential customers. 6. Push-Notifications Use pop-up messages to remind your platform members about their membership expiration dates or promote new popular content available for purchase. This has the potential to boost app engagement and reduce retention rate too. 7. Social Feature You may also freely promote your developed OTT apps by including a share button on social media handles to increase your chances of attracting new users through online marketing. 8. Subtitles This functionality lets your users engage with non-localized material and boost the engagement of your films in apps created by your in-hand OTT developers and are streamed globally. 9. Ratings and Reviews Allow your viewers to evaluate and rate videos, movies, or shows that they just saw to collect their opinions or thoughts and share them with other users via rapid clicks. Popularize your content in social forums & similarly have user personalized feedback. 10. Admin-Panel Manage your app's functionality and growth in real-time with an all-in-one live dashboard to see exact view counts, subscribers, and other metrics and improve the user experience with new features. How Much Will It Cost to Develop an OTT Application? 1. Platform Genre I am sure the type of platform with which you plan to skyrocket your revenue will be outstanding! Besides, you can have two choices of building a SaaS platform or else go for SaaP venture. This purely depends on your brand objectives and cost factors. 2. Features & Tech Stack Choose the ideal list of features, technology-driven capacities for you to launch an enticing business based on for setting business cornerstone with these top emerging (OTT) services. OTT app development OTT App Support Any Industry 1. Content Owners They are the foundation of building any OTT platform that is used to broadcast a creation. These content creators have a variety of opportunities to promote their work, including VOD, movies, virtual events, seminars, and more, all of which rely on the power of streaming technology. 2. Health & Fitness Many fitness enthusiasts & health activists find this a key source for staying healthy and fit, allowing fitness professionals who stream their valuable workouts through OTT services that provide expert advice and supervised programs. 3. Enterprise Owners Every organization has now become touch-friendly. Also, pairing to streaming technology has made visual presentation more effective, resulting in a significant increase in the revenue ladder. Entrepreneurs have a tremendous influence over their target market with the strategic exhibition of ideas that give practical answers. 4. Schools and Universities The advancement of technology has provided great opportunities for connecting and catching up on learning! Curriculum tutors and university chairpersons can now use the e-learning mobile OTT platform to hold live sessions, webcasts, and other events using the power of smart applications. 5. Sports Clubs Now, sports personalities or athletes may easily broadcast their must-see events or tournaments via mobile connectivity, courtesy of launching their own sports-based OTT tv apps, allowing every sports lover to enjoy the classic replays or best shots via video on demand. 6. Personal Trainers Create a bespoke OTT app with leading streaming solution providers and tailor your training platform with live streams, one-to-one personalized video conference sessions, physical fitness courses, and more. 7. Charitable organizations As charitable or NGO activists, you can reach the poor much more quickly than you might think, just as celebrities using real-time streams, motivational on-demand videos, and vocational streaming courses to raise funds. Top OTT App Monetization Strategies With different video monetization possibilities that revolve around learning & apps, a personalized library of increasing income spikes is always worth it. Here are a few examples: how to create OTT platforms 1. SVOD A subscription-based video-on-demand package, also known as SVOD, can be used for a set period of time, such as monthly, quarterly, or annually. Establish a loyal customer base and regular revenue for your streams. 2. AVOD Advertising-based video on demand monetization, which is popularly known as AVOD gives you an ad-supported streaming app. Build an OTT platform with third-party ad integration apps to captivate large audiences and instantly gain increased viewership. 3. TVOD Transactional-based video on demand, often known as pay-per-view, is a great way to generate income for your premium video streaming. Showcase top-rated VOD and one-time watch videos by charging per content and quickly increase revenue. Last but not least: Hey folks, we have now come to the end of this blog, where you have gotten a detailed picture of how to start and how to proceed with an OTT streaming business. Our list of guides can help you outline deciding points for shaping the finest OTT app/platform to construct a worldwide user base. Also, please let us know what you think in the comments section below for more information on how to use the potential of OTT right now!

How to Create a World Class OTT App for Mobile and Smart TV

Does anyone still remember MySpace? Well, the story about MySpace should be told over and over again. Why? Because you can learn a lot from it. To begin with, they made a movie about called “Social Network,” if I’m not mistaken. Now, if you’re asking me, they should’ve made a movie about the rise and fall of MySpace. That would’ve been one more interesting and far way more dramatic movie. The sweet irony is that Justin Timberlake, who had one of the lead roles in this movie, now owns MySpace. Who could have thought that would be possible? Maybe he got an idea to buy MySpace while participating in a movie about Facebook. I don’t know for sure. What I do know is that MySpace deserves a special place. Here’s why. Facebook Oh Boy, Those Were the Days Back in the day, from 2005 to 2008 MySpace was THE most popular, visited, and used social network in the world. “By 2006, MySpace was being visited more times than Google Search and Yahoo! Mail, becoming the most visited website in the United States. In June of 2006, it was reported that MySpace was responsible for nearly 80 percent of all traffic-related to social networking sites.” That’s something not only Facebook, but any other social network out there can only dream about. Who could have thought that it would be possible to lose $600M in six years? That’s precisely what happened to MySpace. “News Corp bought the site for $580 million in 2005. The company eventually sold MySpace to Specific Media for $35 million in 2011.” So, What Went Wrong and Why? Any online platform with millions of users is a gigantic money-eating machine, plain and simple. Here’s what good old Wiki has to say about that: “Marvin L. Gittelman suggested that the $900 million three-year advertisement deal with Google while being a short-term cash windfall, was a handicap in the long run. That deal required Myspace to place even more ads on its already heavily advertised space, which made the site slow, more difficult to use, and less flexible. Myspace could not experiment with its own site without forfeiting revenue, while rival Facebook was rolling out a new clean site design.” Truth be told, things are a bit more complicated in MySpace’s case. You know what they say. All great empires fall from within, including the digital ones. The virus of decadence is alive and kicking. He obviously didn’t die out with the fall of the Roman Empire. While MySpace was occupied with Facebook was working hard with the modest underdog budget. The rest is the shiny Facebook’s history and the new social networks world order. “the opening of extravagant new offices around the world, ” “According to Businessweek, the pressure to drive revenue, when other startups were using the luxury of venture money to create and explore, stifled the possibility that MySpace would have the breathing room it needed to innovate. Instead, executives were focused on trying to raise advertising profits.” What Does It Mean When Someone Says That You Are the Next MySpace? When someone says that your startup, company, business, platform, or whatever is the next MySpace, you have to immediately stop what you’re doing and take a deep breath. It’s not a curse, but it’s a serious warning. This means that you’re already on the road to Mandalay, but you just don’t know it yet. So, here I am and I am asking this question, Now, Upwork may reply, my dear Upwork are you the next MySpace? what are you talking about? We’re having the time of our freelance lives. The trouble with Upwork, though, is that it just had its “MySpace Google advertising” moment when it made its NASDAQ debut. Meaning, that Upwork took the money, and now it has to live up to its investors’ expectations the same way MySpace had to satisfy Google’s advertising appetites. We know how that one turned out for MySpace. The pressure is going to be enormous and Upwork will have to be very creative in finding new ways to ensure liquidity. Here’s the problem. Upwork already doubled its fees. That wasn’t enough. So, it had to go public. I’m afraid that’s not going to be enough too. Why? Feel free to check Upwork’s NASDAQ situation. While you’re reading this article, its shares are hitting a record low. Punk Is Not Dead, Neither Is MySpace MySpace is still alive, but it isn’t kicking, that’s for sure. The numbers never lie. “Last November, the site got 50 million unique visitors in the U.S. That’s a lot of visitors for a site that most people haven’t thought about in 8 years. Facebook currently boasts 864 million daily active users worldwide.” How do MySpacers feel about it? Well, here’s what they had to say to Business Insider: “MySpace: Yes, Facebook Kills Our Traffic, But At Least We Make Money!” Now, that’s a definition of a positive attitude. Steve McQueen had put it nicely in “The Magnificent Seven.” “ It reminds me of that fellow back home that fell off a ten-story building. As he was falling people on each floor kept hearing him say, “So far, so good.” Well, Upwork, so far, so good, but for how long? Also published here. Vote for this and my other freelance-related stories in Noonies 2022 category: . HACKERNOON CONTRIBUTOR OF THE YEAR- FREELANCING

Is Upwork Going to Pull a Myspace?

¿Upwork va a sacar un Myspace?

Upwork va-t-il tirer un Myspace ?

क्या अपवर्क एक माइस्पेस खींचने वाला है?

Upwork は Myspace をプルする予定ですか?

Upwork vai puxar um Myspace?

Upwork có tạo được Myspace không?

Upwork 会拉动 Myspace 吗？

How would you feel if I told you that making business-related decisions doesn't have to be hard? What if I said that, in reality, it can be as simple as knowing your values? Having strong values is something I take pretty seriously but in a subconscious way. I hadn't given the concept much thought until my interview with ex- -employee-turned-entrepreneur, Sarah Gibbons. Amazon Values, as it turns out, can mean the difference between success and failure in business. Those with strong values have a clear advantage over those who don't because they know what they stand for. This allows them to make better decisions, faster – and they're less likely to waiver when things get tough. Today's newsletter is going to be a brief but powerful one. Let's talk about the importance of values in and how you can use them to make better decisions. business Sarah Gibbons' Take on Values I interviewed Sarah on the Success Story Podcast about a year ago now, and it was one of the most value-packed (pun intended) interviews I've ever done. We only spoke for about 40 minutes, which is much shorter than my usual shtick – but in that time, we talked about: Sarah's pivot from the corporate world to entrepreneurship, The true meaning of fulfillment in business and how it relates to growth, Re-defining leadership, Knowing your values and sticking to them, Spiritual psychology and how to stop yourself from getting triggered, and Other important lessons for entrepreneurs. If any of that appeals to you, I'd highly recommend checking out the interview. It was one of my favorites to do. But for the purposes of today's newsletter, I want to focus on something Sarah said towards the beginning about values: "Once you get clear on your values and you define them on your terms, then you have a very different experience.” Let's dig into exactly what Sarah means by this. From Corporate Work to Values-Based Leadership If you saw the interview, you know that Sarah had an incredibly interesting start to her career. She worked for Amazon's IMDB division for a while, and then she was asked to join MySpace (now News Corp). Can you imagine being part of that team in the early days? As many of us have experienced, though, Sarah soon grew tired of the corporate 'way'; the ladder climbing, the high stress, and the constant grind. She was in search of a new type of fulfillment – and again, like many of us, she found it in entrepreneurship. "I became apparent that I did not want to go back into digital media. The part that I loved was always hearing people's stories, but also getting into people's leadership and really helping them see what's possible beyond what they were currently doing. I ended up starting my coaching business, and with a lot of trial and error, ended up where I am now." Where Is She Now? Sarah is actually something called a spiritual psychologist; she coaches leaders who have become so focused on their success, that they've neglected their personal happiness, growth, and fulfillment. What an incredible role to play in someone's life. "When I got my masters in spiritual psychology, it started to introduce to me a way of leading that used practical tools – particularly around communication – that helped me realize the way in which fulfillment works is through exponential growth, not through doing things on a horizontal line." It was through her training that Sarah began to see just how important it is to connect with and be in alignment with, your core values. "I started to ask, what does it mean to live from my values? What does it mean to really connect with my own intuition, and start to make choices that honor what I want, versus these expectations that I had for myself based on parental and societal influence?" Sarah's training helped her to reach many pivotal realizations about her business, her life, and her way of perceiving the world. "I can create what I want – as long as I get clear, and I'm paying attention to my mindset and my intention, and I'm taking action. What I know to be true is that, then, the universe will meet you at the point of action." Nowadays, Sarah coaches her clients to really get in touch with their core selves and align everything else accordingly. It's a highly values-based approach that helps people make the right decisions – not based on expectations, but on their highest-held beliefs. "I now teach my clients around communication leadership, and so they're having very similar experiences. Many of them are staying in their current roles, but they're experiencing a level of fulfillment and impact that they didn't think was possible." Where Do Values Come In? I was excited to ask Sarah about her views on core values because it's a topic that I'm incredibly fascinated by. What role do our values play in our lives, and how do they shape the way we live and work? Values Shape Your Perceptions “Think about leadership as ‘who you informs what you do’. So if you are disgruntled, overwhelmed, and anxious on the inside, then as you are doing whatever it is you need to do, that's the experience you're going to have.” This was Sarah's insight: values shape the way in which you see and experience the world. If one of your values is compassion, then you're going to be more likely to see the world through a compassionate lens. I find this so powerful because it means that we can actually change the way we experience life. What if I were to change from a mindset of scarcity to one of abundance? Would I then start to see more opportunities? Sarah believes that the answer is yes; her experience has been that, when clients shift to define and live by their values, they start to see different results in their businesses and lives. Values Influence Your Attitude “One of my top values is connection. So as I'm moving throughout the day, I'm asking myself, ‘What value does this align with? Is this in accordance with my values?’ That's a very different experience than ‘What should I be doing?’” Similar to the point above, Sarah believes that our values influence our attitude. If we're constantly questioning whether our actions are in line with our values, we're going to approach life – and work – very differently. For instance, if my top value is freedom, then I'm going to be very aware of anything that constrains my freedom. This might manifest in the way I work – perhaps I'll only take on projects that allow me to work from home, or maybe I'll start my own business so that I can set my own hours. If I value honesty and transparency, I'm going to be much more likely to build relationships based on those values. I might avoid working with companies that have a history of misleading their customers, or I might make an effort to be open and honest in all my interactions. Values Help You Understand Yourself More than anything, your values are a clear indication of the person you are – because values are, at their core, what you believe in. “One of the best ways to get really clear on who you are is to define your values. Everyone has a round 5-7 values; once you get clear on your values and you define them on your terms, then you have a very different experience.” Sarah explained that most of her clients insist they know exactly what their values are. After a bit of digging, though, she soon realizes they're not clear on what their values actually are at all. For instance, they'll list “family” as a value – but when Sarah probes a little further, she realizes that what they really value is connection. Or they might say “success” – but what they really mean is freedom. So, how can we overcome this obstacle? How can we make sure that we're clear on our values? Defining Your Values as an Entrepreneur , your values are the beliefs that determine what your priorities are. They're not simply 'I try to be nice to people or 'I believe in the afterlife' – they go much deeper than that. According to MindTools Some values are personal (like honesty or courage), while others are more universal (like fairness or respect). You might have values that guide your personal life, and different ones that shape the way you work. As an entrepreneur, it's essential to be clear on what your values. After all, you're the one in charge – which means that your values will have a direct impact on your business. So, how can you go about defining your values? I had a look at Sarah's handy ten-minute guide to finding out exactly where your needle points. Here's what I took away from it: 1. Find a list of values. There are plenty of resources for this on the internet; has one. The point of looking at a mega-list like this is to help you start thinking about the values that might be important to you. MindTools It's also interesting to see what counts as a value, and what doesn't. For instance, I would have never considered 'beauty' to be a value – and I thought that 'financial wealth' would be included, but it's not. Here are some of my personal favorites from Sarah's list: Determination Growth Respect Commitment Compassion Wisdom Study the list, and start making a note of the values that stand out to you. I really enjoyed this first step because it made me take the time to consider what I actually value, rather than vaguely understanding myself. 2. Narrow it down to your top 10 values. This is a bit harder than it sounds, but Sarah has a great tip: "You'll know when you hit it because you'll feel it in your gut; you may have memories, feel inspired, or feel a connection." What Sarah actually recommends is to create five core values instead of ten basic values. For instance, if you value kindness, empathy, and love, you might group those under a core value – 'compassion' – which would be one of your five. What this does is it makes you think harder about what each value means to you. It's harder than you think to draw connections between values, but don't overthink it. Your gut will tell you more than your brain ever could. 3. Define each value on your own terms. This is the part where you get to be creative; turn those core values into mini definitions and principles to live by. For instance, if one of your values is 'compassion', you might say: "I practice compassion by being understanding and kind, even when it's difficult." Or if your value is 'growth', you might say: "I commit to continuous learning and self-improvement." Sarah also recommends answering a few questions to help with the process: How might this value shape the decisions you make today? Which value do you live in the most, and what does that look like for you? Which value do you live in least? How can you re-define it so that it feels more natural for you? From there, it's simply a matter of getting super familiar with those definitions. Maybe you read through them as part of your morning routine, or post them on your vision board. Either way, the idea is to keep those values top-of-mind, so that you can make decisions based on them in your day-to-day. Where Your Values Will Take You My interview with Sarah was such a wholesome one, and it really got me thinking about how our values shape the way we live. But what's interesting is that, as entrepreneurs, our values will also shape the businesses we build. And that makes them crucial to success. In fact, that values-based decision-making leads to better business outcomes. It makes sense, really; if every decision is based on the values that are most important to you, then you're more likely to end up in a place that feels good – both for you and for your business. studies have shown Of course, that's not to say that every decision will be easy, or that there won't be trade-offs. But if you know your values and are clear on what they mean to you, those decisions will get a lot easier. Sarah says it best: “It allows people to feel so much more empowered. Get clear on your values, define them, and you'll be amazed at the different kinds of results you get both in the workplace and at home.” Don't forget to check out Sarah's , and I'll see you next week! full interview Also published here.

What Do You Think Your Values Are?

It is unlikely that the word “contributing” means anything to people who neither work in IT industry nor actively participate in the development of open source projects. However, in the light of recent events, there is every reason to believe that such terms as “contributing” and “contributor” will soon become very popular. You might ask “why?” Let’s start with the common IT terminology. Contributor is a person participating in the implementation and improvement of innovative ideas and promising projects. Contributing is a type of activity aimed at implementing interesting projects to gain experience in this field. Mostly, this means involvement in the process of developing new functions, improving open source projects, and fixing bugs. One of the largest hosting services for contributing to open source projects is GitHub. In the IT field, such activity is usually conducted by volunteers. However, in the Bitbon system, which was developed on the basis of Blockchain applying the smart contract technology, contributing acquired a fundamentally new meaning and became a separate type of business and financial activity. Unlike contributing in the field of investments and IT, contributing in the Bitbon system means the ability to earn money without studying in detail the niche for investment or spending huge amounts of time. A vivid example of unsuccessful investment as well as insufficient analysis of the market situation in an invested niche was the case when News Corp bought out MySpace for $580 million in 2006, at the peak of its popularity. Later, it turned out that MySpace could not withstand competition from Facebook, and the social network was sold again, but this time for only $34 million. In the Bitbon system, the contributor selects an interesting project from those already verified by qualified specialists, which not only increases the return on the contributor’s investments but also saves his/her precious time. It is exactly the reason why contributing can serve both as additional and main source of income — after all, contributors themselves can determine the degree of their involvement in a certain project. In 2009, Blockchain wasn’t internationally recognized, and Bitcoin just began to gain popularity. At that time, probably anyone could have invested in both projects. It is not surprising that, since then, the development and digitalization of economy led to the emergence of new technologically advanced occupations, one of which was contributor.

Contributing 2.0

Photo by on Kelly Sikkema Unsplash The news that’s been grinding up the audience development world and spitting it out over the past couple of months has hit with all the surprise and inevitability of a car crash you’ve been watching spinning towards you, without actually considering if you should move or not. Facebook The interview was particularly brutal. Brown came out with some eyebrow-raising comments: Campbell Brown and Adam Mosseri did at Code Media Brown said that Facebook wants to help publishers who want to be on Facebook, but it’s doesn’t necessarily need them. “My job is not to go recruit people from news organizations to put their stuff on Facebook,” she said. “If someone feels that being on Facebook is not good for your business, you shouldn’t be on Facebook.” Her job title seems rather poor now. There was little or no sense of “partnership” in what she was saying. Come to Facebook. Or not. Doesn’t matter . to us In love with a digital sociopath Face it. Facebook never loved us. It had its fun, decided that the relationship was too much work, and has moved on. Oh, sure. It’s still got our number in its phone, for those moments when engagement demands a quick booty call, but we’re history. Any sense that Facebook was our friend and ally in developing a sustainable business model for should be done with. journalism Like any nasty break-up, could it be better for us as an industry to cut ties, rather than try to be friends? This relationship began over a decade ago, and back then we were the big beasts and Facebook was the scrappy little startup starting to challenge the News Corp-owned MySpace. Surely, with News Corp money and real adults in charge, MySpace was set to rule the world? No so fast. Facebook was cleaner, faster and more useable than MySpace, and it was acquiring users at a rapid rate. And this small company, led by a guy barely beyond university age, looked like a great partner for the news business, one that could make the tricky business of navigating the social web a lot easier. I remember the meeting where the slippery slope into Facebook’s clutches began for me clearly. It was a decade ago in one of those dull grey meeting rooms, with a view over suburban London, that either allow bright ideas to flourish against the drab background they provide, or which slowly deaden the spirit. And sometimes both. We started talking about Facebook, which had recently both made itself available to the general public, and introduced the News Feed (yes, there was Facebook before the news feed). Some of my colleagues were very excited by this, but I was less so. They thought that Facebook was a great option for us to use instead of the blogs and communities we’d been building, bringing sharing updates and photos and videos together, away from the messy freeform flow of blogs, Flickr and YouTube. I was less enthusiastic from the start, fearing that what they said was fundamentally correct, but really dangerous. To bring all that freeform creativity of the web under one company, to give it a central gatekeeping role in how we consume media, would be a terrible risk. I used the phrase “training wheels social media” in that meeting, to at least one colleague’s disgust — because that’s what it was. It was a dumbed-down version of the tools we were using to create communities of interest for ourselves, and for our titles. But unlike real training wheels, their purpose was not to allow people to learn and grow, and then move on without them. It was to trap people on the Facebook platform. These weren’t training wheels for learning, these were training wheels of infantilisation, and Facebook used them to suck up people, and trap them in a candy-coloured nursery version of the social web. Once they were happily clicking like and share, Facebook could slowly feed and grow fat on all the yummy, yummy data they were collecting. And many journalists, like my colleagues from that meeting, helped them do it. Over a decade later, and Facebook is the sort of omnipotent, international conglomerate (let’s remember that Instagram, WhatsApp and Oculus Rift are Facebook too) that cyberpunk books and films have been warning us about for decades. They have probably a greater control over the information flow than any organisation in history, and even as the West sours on Facebook, emerging economies where internet penetration is still growing are taking to it with gusto. Imagine if there was just one newspaper worldwide, where the editorial team decided what news the world saw. Would anyone truly be comfortable with that? Yet, that’s exactly the power we’ve handed the Facebook algorithm. That piece of code is influencing people’s perception of world events more than any editor ever has since the dawn of journalism. In less than a decade, the power relationship has shifted, and we have become the supplicants at Facebook’s altar. And Brown and Mosseri came down yesterday to tell us we were sinners, and must repent. For the path to paradise is not through organic reach. Facebook is a fickle and terrible god. Until recently, it has showered us with blessings: traffic to our stories, organically granted, unlike those poor marketing schmucks who had to for reach. It gave us money to make Facebook Lives, and didn’t seem to pay too much attention to how many people were watching, which was just as well, given how few were. It created Instant Articles just for us. pay But we failed to be sufficiently grateful. We abandoned Instant Articles, and let our news crowd out more data-rich social interactions in the feed. We even dared to express doubts about the usefulness of Live. And the we had the temerity to suggest that perhaps Facebook itself was to blame for the spread of intentional misinformation, the so-called “fake news”. Blasphemy! We became more trouble than we were worth, and so the great god Facebook turned the face of its algorithm from us, and we were cast out into the darkness. What so many of us missed is that Facebook was never a , it was a . It existed to grow itself as a business, rather than growing as a business by supporting the creative endeavours of others. And we were right on the cusp of the switch from the tool era to the platform era. Many of the “tools” that were popular then — Flickr, YouTube — were platforms built in a tool-like way. They were both built to allow the content you uploaded there to be shared freely elsewhere, like your own blog. The VC money was flowing away, though, in the direction of platforms. Platforms that were habit-forming. Platforms with lock-in. tool platform And Facebook was the greatest of these. Even as everyone celebrated Twitter as the Arab spring remade world politics, Facebook was growing ever stronger, to the point where it eclipsed the blue bird of terseness. It wasn’t interested in helping you connect, it wanted to be THE place where you connected. And if people were to do that, and give Facebook all the sweet, sweet data that resulted, well, more fool them. dumb enough fucks A building on algorithmic sand cannot stand A VC-backed platform grows by relentless self interest, not by helping others. Once you sign up to platform thinking, you live or die by the whim of that platform. Live by the algorithm, die by the algorithm. The lesson SEO-driven business leaned a decade ago in the fires of Panda were forgotten, and once again people built their businesses in the platform sand. The figures seem small — news would drop from just 5% of newsfeed content to 4%. Your average data illiterate journalist would look at that 1% drop and think it not too bad. But everyone else notes that it’s a 20% drop, and if a majority of your traffic is coming from Facebook, that’s ruinous. Smart businesses, of course, have always had a diversified acquisition strategy. They’re using search and social, and newsletters and chat apps and all sorts of tools to build relationships with their readers. Others haven’t. They have weeks, if not less, to adapt or die. And if your audience team has just learnt how to do Facebook by rote, by reading the “best practice” articles out there and copying an pasting the volume and timing advice, then you’re screwed. For those who have taken the time to understand both the underlying technology and the underlying psychology, they have reason to be cheerful. There’s no reason that 20% drop in traffic needs be equally shared. If you understand how to create content that makes people respond to it — create meaningful engagement in Facebook’s terms — it’s possible you can maintain your traffic, or even grow it. And yes, maybe it’s Groups, and maybe it’s more personal interactions from journalists on Facebook, and maybe it’s a new strategic approach to your Pages. More likely, it’s a mix of them all. But if you have the sort of smart people who can do that, they’re probably already hard at work diversifying your traffic base, with great newsletters, and subtle use of Pinterest and and… growing views on Apple News The greatest trick Facebook played Facebook is not the devil, because the greatest trick the devil ever played was making us think he didn’t exist. Facebook tricked us into thinking nothing else existed, and we fell for it. The Facebook era of journalism is over. We helped Facebook grow. We helped Facebook establish itself as a major destination for video and photos and general reading. But that’s done now, and Facebook is not one for gratitude. And when the presence of misinformation on the platform is perceived as being Facebook’s fault, and brings the ever-growing mega-corp to attention of regulators and legislators, well, it just has to go. that Sure, we could . But what will happen in a couple of years, when Facebook is sucking all local advertising into its cavernous maw? Down will go organic reach, and local news will be back where it started — or worse. help Facebook make itself nice and localised The industry has to start weaning itself off its Facebook habit. Yes, maintain your page. Yes, experiment with Groups. But also start writing journalism that our readers to share — and then leave them to it. Stories can go viral without any intervention from journalists. want Use the time you’ve freed up to investigate other approaches, other platforms — and your own platforms. Maybe you could start paying attention to your loyal commenters again, or building out some focused e-mails, or start a membership schemes, or… Embrace real community. It will embrace you back 10 years ago, before the Facebook distraction, we called this job a “community editor”. And then it became a “social media editor” or an “audience engagement” editor. But maybe we need to come back to that word “community”. Journalism’s is not an abstract art. Journalists do not labour in obscurity, before starving in a garret, with their work only found and celebrated after their death. Journalism is performed for a community, in the moment. The internet is the perfect tool for helping us connect more deeply with that audience, and we showed a profound disrespect for them by outsourcing our community-building to Facebook. Facebook doesn’t care about its users other than as abstract data nodes, as anyone who has ever suffered abuse or harassment on the platform knows. Facebook wants you to conform to it, not the other way around, as anyone who lives under an assumed name or a lifestyle outside the mainstream has experienced. Let’s be better than that. Let’s start caring about our readers, our again. Let’s make them part of what we do, because they’re the ones we do it for. And the first step on that road is to give up Facebook. A loveless relationship is no relationship at all. community

Facebook never loved journalism. It’s time to break up.

Credit: Pixabay ( ) https://pixabay.com/en/node-js-logo-nodejs-javascript-736399/ I started off in my career fairly close to the hardware. I had learned C and Objective-C to work on the iOS platform. I had a lot of control over the software and I had to learn to manage memory and spend hours or days fixing an issue that was caused by my own negligence and oversight (this was pre- ). My career grew with a bias towards iOS and I started learning Java (and more recently Kotlin) to branch to Android. ARC With Android development, memory management was less of an issue due to a forgiving garbage collector. However, I still had a lot of control over the application lifecycle and I was forced to learn the differences between the two major mobile platforms and from interface to functionality that’s a lot to take in. I stayed in my comfortable bubble whilst scoffing at developers — mocking the terrible performance of web apps. I refused to touch JavaScript for a long time and would always reluctantly attempt a more familiar taste such as TypeScript. It’s still JavaScript but at least I didn’t have to type it. I liked my variables and constants to have an explicit type. Years of memory management had me on edge. JavaScript If you own a car, the chances are that you don’t get along with cyclists sharing the road. There is psychology behind this and it’s commonly known as the . It took me a long time to realise that the reason I didn’t like JavaScript developers was because of this psychology. I had put years of effort and pain into learning memory management and application lifecycles. I thought to myself “ ”. free-rider problem JavaScript developers get to share my title without paying the price of memory management or understanding of software lifecycles?! Credit: News Corp Australia As I grew and became less content in my career, I started to have my own ideas. My idea required a web application with a few basic features like access-control and authentication. It needed a few endpoints and resources. I did some research and came across . I thought I might as well give it a shot since it looked fairly easy to setup and was well supported. It took me one evening to get this web application up and running. . This is the stack that I threw together. NodeJS One evening NodeJS (Server) mLab (Mongo DB) PugJS (Template Language) Several calls npm install --save xxx A few hours hacking around and I had a functional web application with a functional authentication system and access control. I didn’t care about Redis, Docker, K8s or any of the good stuff yet. My MVP was built. I could test my product. I had a sandbox database with no backups, I had an unscalable product hosted on Digital Ocean. However, I tested this product with real users and realised it wasn’t as magical as I dreamed. Oh well, nothing wasted, just learned. I started learning more about JavaScript and the unfamiliar package economy it had. Developing on iOS and Android, you are expected to use a few common dependencies like and . I expected a similar level of dependencies in JavaScript. I was wrong. I soon realised why it was called the world wide web. It was literally a huge web of dependencies. This was a scary experience for me. Alamofire Retrofit so Credit: Pixabay ( ) https://pixabay.com/en/spider-silk-bokeh-rain-arachnid-1287407/ However, after learning a few rules such as using a with polyfills, the most common dependencies and the general ecosystem — I started to get much more comfortable. I was able to create an MVP of any product in a couple of days. That’s an impressive turn-around and it’s all thanks to NodeJS. transformer Once an MVP worked out, it was time to invest time elsewhere. I started to branch out and care about scaling for my specific needs. . NodeJS is great for some uses but like any other language, it’s not to be used just because you’re familiar with it. NodeJS is not a silver bullet As for the language itself, I used to be disgusted with JavaScript. The core reason for this is that I used to use ActionScript 3.0 a while back. Both JS and AS3 were ECMAScript so why was AS3 so much nicer than JavaScript? Compatibility. It took me a while to realise how important browser compatibility was for JS. Once Babel started to be adopted, JavaScript started changing fast. It made some mega improvements. I actually enjoy writing JavaScript now whilst being assured that legacy code is being created under the hood. This post is primarily targeted at people who scoff at JavaScript. I still don’t like the idea of “native” JS applications. However, I understand just how much flexibility this gives to desktop/mobile apps and it’d be hypocritical of me to be sat here on VSCode whilst slating them. I do like the idea of hybrid applications that have some core components written in a low-level language which is an approach a lot of intensive desktop web-apps are doing. If you see a developer that hates JavaScript, it’s probably because they perceive you as a cyclist taking over a space they believe they’re entitled to. If you liked this article, please clap and follow me to read my future content.

I used to hate JavaScript. Now I like it.

On September 27th, in partnership with , we held an hour long conference call with four thought leaders on SEC complaint ICOs. The speakers were Mike Jones, CEO of , Emma Channing, General Counsel of Lee Schneider, Counsel at , and Tom Kineshanko, Co-Founder of Geektime Science Argon Group , Debevoise & Plimpton Protos Cryptocurrency Asset Management Each speaker shared their perspective on the process of, and the risks involved in, executing and investing in SEC complaint ICOs. After the speakers shared their prepared remarks, the call was opened for questions from the audience. A video replay of the call is below (only the last speaker had slides). The big take away from the call for me was how much uncertainty and risk there remains in trying to execute an SEC compliant ICO. That said, there were lots of thoughtful insights shared on the call. The chart below, which identifies the three types of tokens, and their attributes, can be a helpful reference given the discussions on the call. For purposes of this post, we’ll use the term Security Token instead of Crypto-Securities, as that was the term used on the call. Below are what I believe to be the seven most important thoughts shared on the call: . Emma was emphatic about the incredible amount of detail and guidance the SEC gave in the report, without it being an enforcement action. Emma stated that the SEC has a very sophisticated team looking at ICOs, and that the ICO community should take advantage of the fact that the SEC is happy to take emails or phone calls with ICO related questions. The SEC DAO Report was a remarkable gift to the ICO industry Emma says she looks to for guidance on Security Token White Papers, but there is no similar reference for a Utility Token. Is 20–30 pages sufficient, or should it be 70–80 pages long like offering memorandums? Should the Utility Token White Paper include risk factors, use cases, or use of proceeds? Should it have audited financials or management financials? Emma believes we don’t have answers to ANY of these questions. So there is risk that a regulator in five years could say that a certain piece of information that wasn’t in the White Paper was material, and sue an issuer on the basis of contract fraud misstatement. There’s been no guidance on how long a White Paper for an SEC Compliant Utility token should be, or what should be in it. S-1s Lee said there is a range of acceptable ways to codify the use of proceeds. The Use of Proceeds can be given in great detail or at a higher level. The use of proceeds can be linked to milestones, with amounts targeted to spend once those milestones are reached. While there is no “right” way to explain the use of proceeds, it’s critical to be thoughtful. In addition, issuers should have contingency plans in case they raise more money than expected. Lee Believes That the Use of Proceeds Section is the Most Important Part of a White Paper. Lee pointed out that all developed countries have securities laws and regulations that should be considered. ICO issuers then have to decide in which countries they’ll be regulatory compliant, as they can’t be compliant everywhere due to cost and time constraints. Generally issuers care about the countries where they can sell the most tokens, and take a risk in other countries. Emma said she’s often asked why the industry can’t just evolve away from regulation. She explains that there are laws that apply when you cross the road, let alone when you issue ICOs. So while some people say she’s scaring people, she believes she’s educating people. Solving For The SEC/U.S. Regulators Does Not Solve For The Rest of the World. Mike stated that ssuing ICOs has been more complicated than his past raises where his LPs were U.S. investors. Opening a crowd sale for people outside the U.S. and working within the legal constraints of different countries, is not only more complicated, it’s about twice the price of a traditional raise. In addition, in a traditional raise, the movement of shares is controlled. But in a token sale, where the tokens can move around the world, there are new things to think about like information control and how information is distributed. Designing the token economy adds another layer of complexity. For Mike, the Science ICO has been a four month process. . SEC Compliant ICOs Are More Complicated and Costly Than Traditional Fund Raising. i Blockchain Before Science**,** Mike worked at News Corp and was tasked with seeing if they could leverage MySpace to better battle Facebook. During that period, Mike spent a lot of time with people from MySpace and Facebook. There was a moment when Zuckerberg clearly articulated the value of social as it related to software. Once Mike got his mind around that, every piece of software he looked at, he looked at thru the social lens, and saw how the software could be more powerful. Mike said the moment he got t , everything he sees now, is through that Decentralization lens, and he sees opportunity everywhere. Mike Jones now looks at everything through a Decentralization lens, and sees opportunities everywhere. he concept of decentralized software Tom pointed out that traditional hedge funds may take a shorter term view on their investments than might otherwise be optimal, because of the risk of redemptions. Traditional funds can sometimes have 15 or 30 day redemptions (when investors ask for their money back). Redemptions can force the fund to sell assets to meet the redemption. Sometimes redemptions can cascade, as forced asset sales can happen at sub optimal prices, which can cause further redemptions, or cascading redemptions, resulting in the demise of a fund (see 2008). In a tokenized fund, investors who want out simply sell their tokens to other investors, leaving the pool of capital stable, and leaving the Token Fund manager able to take a longer term view. A Major Advantage of a Tokenized Hedge Fund Is A More Stable Pool of Capital Due to the Elimination of Redemptions. There were numerous other things mentioned on the call that were quite meaningful. Emma suggested that every ICO should be taking addresses and checking IDs for purposes. Emma also mentioned Argon’s with Overstock and RenGen. Lee talked about the importance of communications post ICO. Mike talked about the structure of his Science Blockchain incubator and how some exits will lead to tokens being burned. It was an hour well spent. KYC new ATS (Alternative Trading System) venture 0.00000001 If you got at least Bitcoin worth of value from this post please “Clap” below so others will see the post.

NEWS CORP.

newscorp.com

10K+ employees

Since 1979

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NEWS CORP.

EVERGREEN INDEX #7673

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NEWS CORP.

newscorp.com

10K+ employees

Since 1979

COMPANY RANKING

NEWS CORP.

EVERGREEN INDEX #7673

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