The world needed a solution, so we built it

TURN

GRAND CAYMAN, Cayman Islands, May 3rd, 2024/Chainwire/--Protocol launches, growth trajectory, and industry-leading technology point toward more success to come. On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains, amassing household name partners and shipping multiple technology breakthroughs in the process. In the build-up to its launch in 2023, the chatter around Sui reached a level of excitement that has not been matched by any chain that has launched since. The first anniversary of Sui represents a culmination of the remarkable milestones achieved by the network in its first year. While centralized institutions face growing public distrust due to decades of anti-competitive and anti-consumer behavior and legacy blockchains lack the speed and technology to solve the problem, in a single year, Sui has emerged as the decentralized solution most capable of disrupting the status quo at scale. The innovations of Sui begin with Sui’s novel programming language, Move, which was created by Mysten Labs Co-founder and CTO Sam Blackshear. Move introduced a new architecture centered around objects, enabling performance and functionality that was simply not available on existing blockchains. The result is a blockchain that is singular in the industry — the universal coordination layer for intelligent assets. “Like many transformative innovations before us, we knew the problem we had to solve and built the technology to solve it without applying labels, but a year after launch, it is clear that Sui is a vibrant developer ecosystem,” said Evan Cheng, Co-founder and CEO of Mysten Labs. “Developers are taking advantage of Sui’s performance, and its scalable, composable, on-chain storage, and native accessibility features to build sustainable business models with a consumer ownership-first approach. While the Network’s achievements to date are remarkable, the road to onboarding the next billion users to web3 has just started.” Technology Innovations The results Sui has achieved have validated the team’s approach. In addition to not experiencing a single minute of downtime or instance of degraded performance since Mainnet launch, in the last 12 months, Sui has achieved: Lightning-fast transaction speeds — time to finality clocked at just 400 milliseconds
Massive scale — 297,000 peak TPS in a controlled environment
Record-setting Mainnet performance — 65.8M transactions executed in a single day, the most of any blockchain ever
Extremely low fees — predictable, stable transaction fees even during high usage Yet technology improvements are a constant at Sui. In recent weeks, including at its first global in-person conference, Sui Basecamp, Sui unveiled Mysticeti, which significantly shortens Sui’s end-to-end time to finality, and Pilotfish, which enables nearly unlimited horizontal scaling by enabling individual validators to use multiple machines to extend their capacity. Sui has also introduced unique implementations of technologies that make adoption easier and make the blockchain accessible to mainstream users, both at the enterprise and retail levels. zkLogin is on-chain authorization with traditional OAuth providers like Google and Twitter, allowing all users to directly operate on-chain with the single sign-on process they have become accustomed to, removing the hurdle of managing wallet addresses and seed phrases. zkSend is an application exclusive to Sui that utilizes zkLogin to enable users to send and claim tokens simply by sharing or clicking a link. Sponsored transactions, enabled by Sui’s extremely low fees, empower builders to remove a final hurdle for engagement. Finally, Enoki, which was announced at Sui Basecamp, removes requirements for enterprises looking to incorporate blockchain technology with a turnkey solution that gives them access to build seamlessly on Sui. “The rate at which the ecosystem’s deep and talented developer community has shipped powerful protocols and industry-first technology breakthroughs has been breathtaking, and it’s only a year in,” said Adeniyi Abiodun, Co-founder and CPO at Mysten Labs. “Sui’s purpose is to redefine how individuals and businesses collaborate to create, grow, and share value in a digital-first economy and since its mainnet launch, Sui has demonstrated important and unique capabilities in that regard.” Network Momentum – Sui is a destination for DeFi, Gaming and Commerce Also owing to the strength of the network and especially notable for an ecosystem so early in its development, Sui has quickly become one of the preeminent destinations for DeFi activity. Within 9 months of its Mainnet launch, Sui ranked in the Top 10 of all blockchains in TVL. A month later, Sui’s DEX volume also achieved top 10 status. Throughout, Wormhole stats show Sui as a top destination for bridging from Ethereum, including over a 30-day period where Sui saw more inflows than all other blockchains combined, and more than twice as much as the next closest blockchain. In each of these cases, Sui eclipsed numerous well-known networks that have existed for far longer. Builders and enterprises integrating with Sui are also adding to the growing momentum. Bluefin, a derivatives exchange that had already executed billions in transaction volume in its first iteration on another chain, shut that integration down to build on Sui. Solend, a leading lending protocol on Solana, chose Sui for its first integration beyond its initial network, launching the Suilend protocol which has already amassed over $30M TVL. Additionally, First Digital Labs, creator of FDUSD, the fastest-growing stablecoin in crypto with over $4B in market cap, chose Sui for its first expansion since its launch on Ethereum and BNB. “As we mark the first anniversary of Sui's launch, the growth and innovation within the Sui ecosystem have been sensational and Sui has quickly ascended to the forefront of Layer 1 blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s global footprint has continued to expand at a remarkable rate as more and more builders see Sui as the best platform for enabling real world solutions aimed at addressing the world’s most pressing challenges.” Gaming is another focus for Sui that will continue in the coming months and years. With low, predictable fees that allow game developers to build with confidence and dynamic objects that make games built on Sui more expressive, Sui is the optimal blockchain for gaming studios. Dozens of development teams are currently building games on Sui, including established studios such as NHN (Pebble City), ONBUFF x SNK (Samurai Shodown), NDUS Interactive (Xociety), Orange Comet (The Walking Dead: Lands), and Ambrus Studio (E4C: Final Salvation). Leading professional esports team, Team Liquid, will leverage Sui for the relaunch of its fan loyalty program, and at Sui Basecamp in April, Sui joined gaming infrastructure developer Playtron in announcing SuiPlay0X1, the first handheld gaming device with native blockchain capabilities to wide acclaim. Other notable ecosystem partnerships achieved in Sui’s first year include those with Alibaba Cloud and Google Cloud, which focused on enhancing security, scalability, developer tools and user experiences across a range of Web 3.0 and AI-powered applications. BytePlus, the web3 arm of ByteDance, partnered with Sui ecosystem partner Mysten Labs to explore collaboration on data warehousing, AI recommendation algorithms, and AI visual algorithms in web3 game platforms and socialFi projects on Sui. The crowds that gathered for Sui Basecamp 2024 represented the culmination of Sui’s arrival, as over 1,000 projects, partners, investors and enthusiasts from 65 countries around the world came to Paris in April to celebrate Sui at the vaunted Layer 1’s inaugural global conference. Contact Sui Foundation media@sui.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. GRAND CAYMAN, Cayman Islands, May 3rd, 2024/Chainwire/--Protocol launches, growth trajectory, and industry-leading technology point toward more success to come. On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains, amassing household name partners and shipping multiple technology breakthroughs in the process. In the build-up to its launch in 2023, the chatter around Sui reached a level of excitement that has not been matched by any chain that has launched since. The first anniversary of Sui represents a culmination of the remarkable milestones achieved by the network in its first year. While centralized institutions face growing public distrust due to decades of anti-competitive and anti-consumer behavior and legacy blockchains lack the speed and technology to solve the problem, in a single year, Sui has emerged as the decentralized solution most capable of disrupting the status quo at scale. The innovations of Sui begin with Sui’s novel programming language, Move, which was created by Mysten Labs Co-founder and CTO Sam Blackshear. Move introduced a new architecture centered around objects, enabling performance and functionality that was simply not available on existing blockchains. The result is a blockchain that is singular in the industry — the universal coordination layer for intelligent assets. “Like many transformative innovations before us, we knew the problem we had to solve and built the technology to solve it without applying labels, but a year after launch, it is clear that Sui is a vibrant developer ecosystem,” said Evan Cheng, Co-founder and CEO of Mysten Labs. “Like many transformative innovations before us, we knew the problem we had to solve and built the technology to solve it without applying labels, but a year after launch, it is clear that Sui is a vibrant developer ecosystem,” said Evan Cheng, Co-founder and CEO of Mysten Labs. “Developers are taking advantage of Sui’s performance, and its scalable, composable, on-chain storage, and native accessibility features to build sustainable business models with a consumer ownership-first approach. While the Network’s achievements to date are remarkable, the road to onboarding the next billion users to web3 has just started.” “Developers are taking advantage of Sui’s performance, and its scalable, composable, on-chain storage, and native accessibility features to build sustainable business models with a consumer ownership-first approach. While the Network’s achievements to date are remarkable, the road to onboarding the next billion users to web3 has just started.” Technology Innovations The results Sui has achieved have validated the team’s approach. In addition to not experiencing a single minute of downtime or instance of degraded performance since Mainnet launch, in the last 12 months, Sui has achieved: Lightning-fast transaction speeds — time to finality clocked at just 400 milliseconds Massive scale — 297,000 peak TPS in a controlled environment Record-setting Mainnet performance — 65.8M transactions executed in a single day, the most of any blockchain ever Extremely low fees — predictable, stable transaction fees even during high usage Lightning-fast transaction speeds — time to finality clocked at just 400 milliseconds Massive scale — 297,000 peak TPS in a controlled environment Record-setting Mainnet performance — 65.8M transactions executed in a single day, the most of any blockchain ever Extremely low fees — predictable, stable transaction fees even during high usage Yet technology improvements are a constant at Sui. In recent weeks, including at its first global in-person conference, Sui Basecamp, Sui unveiled Mysticeti, which significantly shortens Sui’s end-to-end time to finality, and Pilotfish, which enables nearly unlimited horizontal scaling by enabling individual validators to use multiple machines to extend their capacity. Sui has also introduced unique implementations of technologies that make adoption easier and make the blockchain accessible to mainstream users, both at the enterprise and retail levels. zkLogin is on-chain authorization with traditional OAuth providers like Google and Twitter, allowing all users to directly operate on-chain with the single sign-on process they have become accustomed to, removing the hurdle of managing wallet addresses and seed phrases. zkSend is an application exclusive to Sui that utilizes zkLogin to enable users to send and claim tokens simply by sharing or clicking a link. Sponsored transactions, enabled by Sui’s extremely low fees, empower builders to remove a final hurdle for engagement. Finally, Enoki, which was announced at Sui Basecamp, removes requirements for enterprises looking to incorporate blockchain technology with a turnkey solution that gives them access to build seamlessly on Sui. “The rate at which the ecosystem’s deep and talented developer community has shipped powerful protocols and industry-first technology breakthroughs has been breathtaking, and it’s only a year in,” said Adeniyi Abiodun, Co-founder and CPO at Mysten Labs. “Sui’s purpose is to redefine how individuals and businesses collaborate to create, grow, and share value in a digital-first economy and since its mainnet launch, Sui has demonstrated important and unique capabilities in that regard.” Network Momentum – Sui is a destination for DeFi, Gaming and Commerce Also owing to the strength of the network and especially notable for an ecosystem so early in its development, Sui has quickly become one of the preeminent destinations for DeFi activity. Within 9 months of its Mainnet launch, Sui ranked in the Top 10 of all blockchains in TVL. A month later, Sui’s DEX volume also achieved top 10 status. Throughout, Wormhole stats show Sui as a top destination for bridging from Ethereum, including over a 30-day period where Sui saw more inflows than all other blockchains combined, and more than twice as much as the next closest blockchain. In each of these cases, Sui eclipsed numerous well-known networks that have existed for far longer. Builders and enterprises integrating with Sui are also adding to the growing momentum. Bluefin, a derivatives exchange that had already executed billions in transaction volume in its first iteration on another chain, shut that integration down to build on Sui. Solend, a leading lending protocol on Solana, chose Sui for its first integration beyond its initial network, launching the Suilend protocol which has already amassed over $30M TVL. Additionally, First Digital Labs, creator of FDUSD, the fastest-growing stablecoin in crypto with over $4B in market cap, chose Sui for its first expansion since its launch on Ethereum and BNB. “As we mark the first anniversary of Sui's launch, the growth and innovation within the Sui ecosystem have been sensational and Sui has quickly ascended to the forefront of Layer 1 blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s global footprint has continued to expand at a remarkable rate as more and more builders see Sui as the best platform for enabling real world solutions aimed at addressing the world’s most pressing challenges.” “As we mark the first anniversary of Sui's launch, the growth and innovation within the Sui ecosystem have been sensational and Sui has quickly ascended to the forefront of Layer 1 blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s global footprint has continued to expand at a remarkable rate as more and more builders see Sui as the best platform for enabling real world solutions aimed at addressing the world’s most pressing challenges.” Gaming is another focus for Sui that will continue in the coming months and years. With low, predictable fees that allow game developers to build with confidence and dynamic objects that make games built on Sui more expressive, Sui is the optimal blockchain for gaming studios. Dozens of development teams are currently building games on Sui, including established studios such as NHN (Pebble City), ONBUFF x SNK (Samurai Shodown), NDUS Interactive (Xociety), Orange Comet (The Walking Dead: Lands), and Ambrus Studio (E4C: Final Salvation). Leading professional esports team, Team Liquid, will leverage Sui for the relaunch of its fan loyalty program, and at Sui Basecamp in April, Sui joined gaming infrastructure developer Playtron in announcing SuiPlay0X1, the first handheld gaming device with native blockchain capabilities to wide acclaim. Other notable ecosystem partnerships achieved in Sui’s first year include those with Alibaba Cloud and Google Cloud, which focused on enhancing security, scalability, developer tools and user experiences across a range of Web 3.0 and AI-powered applications. BytePlus, the web3 arm of ByteDance, partnered with Sui ecosystem partner Mysten Labs to explore collaboration on data warehousing, AI recommendation algorithms, and AI visual algorithms in web3 game platforms and socialFi projects on Sui. The crowds that gathered for Sui Basecamp 2024 represented the culmination of Sui’s arrival, as over 1,000 projects, partners, investors and enthusiasts from 65 countries around the world came to Paris in April to celebrate Sui at the vaunted Layer 1’s inaugural global conference. Contact Sui Foundation media@sui.io 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

Sui Turns One: Debut Year Of Growth and Tech Breakthroughs Puts Sui At Forefront Of Web3

The resurgence of web3 social media platforms has led to several businesses and companies using them to engage with customers. Decentralized social media enhances a brand’s digital presence in multiple ways and provides enormous potential for long-term growth. In this article, we will explore in detail why brands are now using web3 social media platforms for their marketing campaigns. Direct Consumer Relationships Unlike traditional social media, web3 platforms don’t have any centralized intermediaries who control content distribution or moderate online interactions. Thus, brands can forge direct customer connections and authentically communicate with them to build stronger relationships. Since web3 social platforms have more transparency, companies find it easier to demonstrate their core brand values to the audience. The absence of third-party intermediaries also reduces marketing costs and fosters trust between the brand and consumers. Moreover, web3 platforms usually have more data privacy and security compared to web2 social media. Most traditional social media harvest user data without their knowledge and sell them to companies for advertising campaigns. However, such an approach doesn’t benefit anyone except the intermediary. The user doesn’t get any share of the profit despite generating valuable datasets. Similarly, companies often run unsuccessful ads that do not cater to the right audience. Web3 users have sovereign data ownership with direct monetization opportunities. Thus, customers can consensually provide or sell their data to brands for targeted advertising. This setup benefits both parties as users gain from sharing data and brands can customize their ads. A personalized marketing strategy through shared data exchange on social media creates deeper connections between brands and customers. Leverage Tokenization Opportunities One of the most important features of web3 social media is digital assets and tokenization. Companies can tokenize anything in the digital space to create valuable tokens for the online marketing space. Businesses can use tokens in social media marketing to reward customers for purchases, create content, and generate interest among other users. Tokenization helps in organic growth, lead generation, and brand advocacy through active token-gated communities. The use of non-fungible tokens (NFTs) in marketing campaigns has provided a sense of exclusivity to customers. These unique virtual assets and collectibles are ideal for rewarding loyal consumers and enhancing brand value. Product users can utilize their limited-edition NFTs as special access keys to attend exclusive live events or have curated digital experiences. These NFTs can also unlock promotional offers, which will further drive customer engagement and create brand affinity. The biggest advantage of NFTs is seamless monetization for companies and consumers. Brands can mint NFTs for customers, and users can sell them in marketplaces to create a sustainable economy without relying on third parties. After the 2021 crypto boom, major brands like Nike, Adidas, Dolce and Gabbana, Louis Vuitton, and others launched their own NFT collections. However, these NFTs are indivisible and suffer from liquidity challenges due to their underlying technologies. The new generation of NFTs leverages the ERC-404 token standard, which enables fractional ownership, more liquidity, and easy trading on NFT marketplaces. Tomo uses the ERC-404 standard to mint Tomojis, which can potentially disrupt digital marketing for big brands. Community-Driven Marketing A company’s success depends on the strengths and foundational integrity of its community. Web3 social media empowers the customer community to lead a brand’s marketing campaign. Companies can collaborate directly with content creators or general users to co-create ads without relying on traditional methods. After all, word of mouth is the strongest marketing technique when paid campaigns fail to make an impact. User-generated content and crowdsourced promotional activities create ripple effects among new and existing customers. Authentic reviews, stories, and testimonials through text, images, or videography consolidate a brand’s credibility and create relatable brand interactions. Web3 social media can incentivize user-generated collaborative marketing efforts through token rewards. The rewards mechanism creates a feedback loop for users to contribute to the company’s growth through brainstorming ideas and content creation. A community’s collective wisdom has immense potential to sway customer behavior either in favor or against a brand. Thus, optimal community involvement on web3 social media can help companies reap enormous dividends through innovative decentered marketing. Collaborative Influencer Marketing Although web2 influencers have massive followers and established personal branding, a major chunk of profits from brand collaborations go to social media companies. Additionally, the collaborations might come off as inauthentic and forced ways of monetizing their digital presence. On the contrary, web3 social media establishes direct connections between influencers and fans, which is more profitable for all stakeholders. Influencers can create new revenue streams through brand marketing on web3 media with potentially higher earnings. Web3 influencers have more control over these partnerships and thereby create meaningful campaigns that resonate with their values or visions. An alignment of beliefs and principles can go a long way in creating lasting impressions on customers. Thus, web3-based ad campaigns reach the audience as genuine endorsements and might have more impact on consumer behavior. Additionally, tokenized economies can incentivize followers to actively participate in these campaigns to earn rewards. These programs can create a mutually beneficial system where the influencers, brands, and customers gain simultaneously from authentic engagements. The Future Potential of Brand Marketing For Web3 Social Media According to a Statista report, brands spent approximately $270 billion in social media advertising campaigns in 2023. The budget expenditure for digital marketing is projected to surpass the $300 billion mark this year. However, as users become more wary of data privacy, they’re unwilling to share their data for irrelevant ads. Thus, brands need to be extra cautious about how they collect user data and harness them for targeted advertising. Web3 social media holds the promise of forging direct and authentic relations between companies, customers, and influencers. Although it’s still very early for decentralized social media, they’re slowly entering the market and amplifying their digital footprint. This is the right opportunity to respect user privacy and leverage the benefits of blockchain-based tokenized social media platforms. Even if 50% of traditional digital marketing spending comes into web3 social media, it means opening up a $135 billion market. Thus, the future holds enormous potential for robust growth in brand marketing on web3 social media platforms. The resurgence of web3 social media platforms has led to several businesses and companies using them to engage with customers. Decentralized social media enhances a brand’s digital presence in multiple ways and provides enormous potential for long-term growth. In this article, we will explore in detail why brands are now using web3 social media platforms for their marketing campaigns. web3 Direct Consumer Relationships Unlike traditional social media, web3 platforms don’t have any centralized intermediaries who control content distribution or moderate online interactions. Thus, brands can forge direct customer connections and authentically communicate with them to build stronger relationships. Since web3 social platforms have more transparency, companies find it easier to demonstrate their core brand values to the audience. The absence of third-party intermediaries also reduces marketing costs and fosters trust between the brand and consumers. Moreover, web3 platforms usually have more data privacy and security compared to web2 social media. Most traditional social media harvest user data without their knowledge and sell them to companies for advertising campaigns. However, such an approach doesn’t benefit anyone except the intermediary. The user doesn’t get any share of the profit despite generating valuable datasets. Similarly, companies often run unsuccessful ads that do not cater to the right audience. Web3 users have sovereign data ownership with direct monetization opportunities. Thus, customers can consensually provide or sell their data to brands for targeted advertising. This setup benefits both parties as users gain from sharing data and brands can customize their ads. A personalized marketing strategy through shared data exchange on social media creates deeper connections between brands and customers. Leverage Tokenization Opportunities One of the most important features of web3 social media is digital assets and tokenization. Companies can tokenize anything in the digital space to create valuable tokens for the online marketing space. Businesses can use tokens in social media marketing to reward customers for purchases, create content, and generate interest among other users. Tokenization helps in organic growth, lead generation, and brand advocacy through active token-gated communities. The use of non-fungible tokens (NFTs) in marketing campaigns has provided a sense of exclusivity to customers. These unique virtual assets and collectibles are ideal for rewarding loyal consumers and enhancing brand value. Product users can utilize their limited-edition NFTs as special access keys to attend exclusive live events or have curated digital experiences. These NFTs can also unlock promotional offers, which will further drive customer engagement and create brand affinity. The biggest advantage of NFTs is seamless monetization for companies and consumers. Brands can mint NFTs for customers, and users can sell them in marketplaces to create a sustainable economy without relying on third parties. After the 2021 crypto boom, major brands like Nike , Adidas , Dolce and Gabbana , Louis Vuitton , and others launched their own NFT collections. However, these NFTs are indivisible and suffer from liquidity challenges due to their underlying technologies. Nike Nike Adidas Adidas Dolce and Gabbana Dolce and Gabbana Louis Vuitton Louis Vuitton The new generation of NFTs leverages the ERC-404 token standard, which enables fractional ownership, more liquidity, and easy trading on NFT marketplaces. Tomo uses the ERC-404 standard to mint Tomojis, which can potentially disrupt digital marketing for big brands. Community-Driven Marketing A company’s success depends on the strengths and foundational integrity of its community. Web3 social media empowers the customer community to lead a brand’s marketing campaign. Companies can collaborate directly with content creators or general users to co-create ads without relying on traditional methods. After all, word of mouth is the strongest marketing technique when paid campaigns fail to make an impact. User-generated content and crowdsourced promotional activities create ripple effects among new and existing customers. Authentic reviews, stories, and testimonials through text, images, or videography consolidate a brand’s credibility and create relatable brand interactions. Web3 social media can incentivize user-generated collaborative marketing efforts through token rewards. The rewards mechanism creates a feedback loop for users to contribute to the company’s growth through brainstorming ideas and content creation. A community’s collective wisdom has immense potential to sway customer behavior either in favor or against a brand. Thus, optimal community involvement on web3 social media can help companies reap enormous dividends through innovative decentered marketing. Collaborative Influencer Marketing Although web2 influencers have massive followers and established personal branding, a major chunk of profits from brand collaborations go to social media companies. Additionally, the collaborations might come off as inauthentic and forced ways of monetizing their digital presence. On the contrary, web3 social media establishes direct connections between influencers and fans, which is more profitable for all stakeholders. Influencers can create new revenue streams through brand marketing on web3 media with potentially higher earnings. Web3 influencers have more control over these partnerships and thereby create meaningful campaigns that resonate with their values or visions. An alignment of beliefs and principles can go a long way in creating lasting impressions on customers. Thus, web3-based ad campaigns reach the audience as genuine endorsements and might have more impact on consumer behavior. Additionally, tokenized economies can incentivize followers to actively participate in these campaigns to earn rewards. These programs can create a mutually beneficial system where the influencers, brands, and customers gain simultaneously from authentic engagements. The Future Potential of Brand Marketing For Web3 Social Media According to a Statista report, brands spent approximately $270 billion in social media advertising campaigns in 2023. The budget expenditure for digital marketing is projected to surpass the $300 billion mark this year. spent spent However, as users become more wary of data privacy, they’re unwilling to share their data for irrelevant ads. Thus, brands need to be extra cautious about how they collect user data and harness them for targeted advertising. Web3 social media holds the promise of forging direct and authentic relations between companies, customers, and influencers. Although it’s still very early for decentralized social media, they’re slowly entering the market and amplifying their digital footprint. This is the right opportunity to respect user privacy and leverage the benefits of blockchain-based tokenized social media platforms. Even if 50% of traditional digital marketing spending comes into web3 social media, it means opening up a $135 billion market. Thus, the future holds enormous potential for robust growth in brand marketing on web3 social media platforms.

Why Should Brands Turn To Web3 Social Media?

The Parker Solar Probe is the and is currently bathing in enough solar energy to train ChatGPT for free. fastest object ever built Today, I’ll share how parking technologies at (a few million kilometers from) the sun and not just solar probes might be a good business idea. The Nerds There are a lot of nerds out there who would totally get on board with this. Be they gamers, sci-fi world builders, or even climate change scientists who prefer to tackle the source of ballooning temperatures itself – sunlight. For example, Beff Jezos and his team of thermodynamic hackers at hope to use their insights into the thermodynamics of quantum computers to improve the GPUs that train Artificial Intelligence like ChatGPT. Extropic.ai Would a solar probe that is also a quantum computer be a good idea for research investment? Yes. It would be able to cool a warehouse-sized quantum computer with ten thousand plus logical qubits to near absolute zero and quite easily. All quantum-computing scientists would line up to get some jobs done on that monster. Another set of nerds are Bitcoin maximalists. These earnestly believe in the power of 21 million immutable pieces of code called bitcoins to change the world economy for the better, for all. Nothing has yet proven this claim, not even . We are still stuck with mathematical theories of how scarcity and halvings will eventually drive toward more global cooperation. Though, these have a more solid footing in real-world applications than the quantum nerds. the ETF Would a solar probe turned bitcoin miner be a good idea to invest in? No. It would be terrible for mining, no thanks to a hash horizon spanning upwards of 16 minutes to and fro Earth. However, as a Bitcoin node, it would still be a good redundancy for Bitcoin experimentalists to play with. All that energy could count for something. A better use case would be to mine a new cryptocurrency like . Call it Solcoin (do not confuse it with an inflationary altcoin called “Solarcoin”). This would take at least 1 hour to mine a block that confirms the transaction. With such a long time frame, I would not call it a currency. But an asset, yes. Bitcoin Techno-utopians who believe in the Kardashev scale would be intrigued by this Solcoin. Would people in real estate, which takes days to officiate deals, be okay with a Solcoin as their value peg? Maybe. How about nerds in High Energy Physics, such as the chaps at the Large Hadron Collider? Do you think they would want to have more energy to smash particles and lasers with? - Yes. AIs, quantum computers, high-energy colliders, and proof-of-work cryptocurrencies all have one thing in common. They are energy-guzzling beasts. Parking them at the sun could be big business. Why we might need this idea As a civilization, our data needs are ballooning. But as data needs balloon, so do the energy needs. It is like with a child. They grow bigger brains during their teenage years, and their appetite shoots through the roof. Data consumes energy to turn into information. Hence, Information is energy. If you have been following my posts, you have heard of Landauer.  We need information on how to build better AI, to build a better Bitcoin economy, to build a greener world, to build better skyscrapers, to build skyhooks, and to go to Mars. Training AI consumes a lot of energy, consumes a lot of energy, carbon capture consumes gargantuan amounts of energy, all building works consume a lot of energy, and rockets? You know the answer. mining Bitcoins A solar parked business is an idea to take some of this data processing, raw material first stage processing work, away from us humans. And away from our planet. If we engineer it right, up goes raw materials, and down comes finished products. This is the (far) future of big business for big energy infrastructure. Like Superman drenches up in sunlight to come make the world a better place, a solar-parked business is our Superman. A Solar-Parked business So, the idea is not to probe the sun. That is all good if you just want to build solar probes that move fast and measure the temperature of the sun’s surface, et cetera. You want to park at the sun, like in the name – Parker Solar Probe. The business, whatever it is, makes profits while your system is as close to the sun as possible. But before that, some tens to hundreds of billions of dollars are needed to launch all the parts toward the sun, and then more money via rocket fuel is needed to steer everything into place. By all means, this is not the kind of venture a fractured world economy with low time preference, such as ours, can handle. This is not like launching a start-up in your garage to profit from quick user aggregation in the next ten months. This needs big planning by big multinational corporations supported by multiple governments. The level of dedication would be as big as with the ITER nuclear fusion project. And the risk would be just as big. With ITER, we risk ending up with running costs of billions of dollars that only return millions of dollars worth of energy profit. With a solar parking business, the energy is worth trillions of dollars, alright, but it may fry your investment to Kingdom come if you do not navigate well the treachery that is being in outer space while so close to the sun. Forget building a Dyson Sphere; this is it. I am certain that a solar-parked business is how we hack our way up the ladder of the Kardashev scale. The idea that we have to first consume all the solar energy falling on earth before we move to the energy output by the sun, is a big step idea that will not happen. More viable is a mix: Some small-time but profitable solar parked business, coupled with better management of our planetary solar energy, coupled with some investments on the moon and on other planets like Mars, Venus, and Mercury. What can I say? I am speculating here. Take my ideas with a grain of salt, and enjoy them as a form of hard science fiction. Sorry, I didn’t put characters and a good chase scene. Till the next one. Adios.

Turning a Solar Probe into a Big Energy business

I got introduced to the concept of todo lists early in my career. The idea sounded simple and interesting, so I decided to give it a try. I started putting everything on my mind into a to-do list. It worked well initially. After all, I had only a few responsibilities. So, putting them on a piece of paper and marking each one as I progressed didn’t require much planning and effort. I would glance at the list at the beginning of each day and tackle each task one by one. Todo lists worked like a magic formula—writing tasks down ensured I didn’t miss anything, knowing I had it all in one place led to less stress and anxiety, and the best part was the feeling of satisfaction from seeing those tick marks on my todo list which I believe kept me happy and motivated. As I grew in my career, five tasks on my to-do list turned into 20, 30, 40…and so on. Different types of responsibilities with different expectations, both at work and at home, were overwhelming. So, I kept adding everything to my to-do list, and before I knew it, it was crammed with more things than I could accomplish. A long list of things to do made it harder to pick something meaningful and valuable and get started on it. I would stare at the endless list, pick tasks at random, and try to do as much as I could during the day. But in spite of working long hours, I felt defeated at the end of the day—my work was less impactful and more exhausting, and I still had a ton of things on my to-do list that kept crying for my attention. Not accomplishing as much as I expected to was demotivating at first. But I wasn’t ready to give up. I knew the problem wasn’t my to-do list but my process. So I decided to try a bunch of different strategies—some worked, others didn’t. Here are the five practices to put your to-do list to best use based on my experience. Long hours spent checking off a to-do list and ending the day with a full trash can and a clean desk are not virtuous and have nothing to do with success. Instead of a to-do list, you need a success list—a list that is purposefully created around extraordinary results. To-do lists tend to be long; success lists are short. One pulls you in all directions; the other aims you in a specific direction. One is a disorganized directory and the other is an organized directive. If a list isn’t built around success, then that’s not where it takes you. If your to-do list contains everything, then it’s probably taking you everywhere but where you really want to go. — Gary Keller, The One Thing 5 steps to make the most of your todo list Keep a written todo list Big or small, it’s impossible to remember everything you need to do. When you don’t actually write things down, it’s hard to prioritize complex, long-term, forward-looking tasks over easy, short-term, time-wasting activities. Not writing things down has another problem. Keeping track of all the unfinished tasks puts an unnecessary burden on the brain. Your brain cycles that are better spent in completing a task are wasted in holding a mental list of all the things you need to do. What makes it even worse is the Zeigarnik effect—thoughts of unfinished tasks keep popping up in your head right when you get down to work or are trying hard to focus. These intrusive thoughts that take away your attention even for a split second make it hard to concentrate and get any meaningful work done. Distractions from incomplete work prevent you from entering into a state of flow—which is when you are completely immersed in a task and the time seems to stand still. Flow minimizes distractions, prevents procrastination, and leads to high performance and productivity. Letting your brain continually remind you that you haven’t done something is actually quite unpleasant, and it can even lead to stress, anxiety, and burnout. The simple act of writing things down makes your brain more effective—fewer things on the mind frees up your brain to do more productive work. But dumping everything from your mind to the list is just a start. Simply writing everything down won’t help you stay productive. To make the most of this to-do list, you need to turn it from a bunch of meaningless line items to a more meaningful action-oriented list. Creating a to-do list does not mean you have to tick every single item on it. You need to declutter and organize it in a way that makes it easy to spot and get started on more impactful work. Your task list isn’t a tool for getting everything done. Rather, it’s a tool that will ensure you get the right things done. It’s important to understand the difference. — Damon Zahariades, To-Do List Formula Organize your todo list. A big to-do list may seem scary at first. But once you organize it well, it eases the process of deciding what to do each day, which tasks to schedule into the future, and how to achieve more by getting work done through others. To do this, divide your todo list into four groups: Urgent tasks that immediately deserve your attention. These could be important tasks that you’ve put off for too long and have now turned into urgent or unplanned issues, discussions, or meetings that demand your time and effort. Group 1: Important tasks that you refuse to prioritize because they’re either complex don’t have a specific due date, or their deadline is far into the future. These are often tasks that involve long-term thinking, planning, and future-oriented work. Group 2: Tasks that you don’t need to do yourself and can be delegated to others. It’s hard to delegate when you expect 100% perfection or want others to do things just the way you do. If someone can meet 70-80% of your expectations, delegate and consider it as a task well done. Group 3: Activities that make you feel good once done but actually don’t bring any value or tasks that have been sitting on your to-do list for a long time that you’ll probably never get done. These are time-wasting, unproductive units of work that feel small at the moment but add up to a significant amount of lost time and effort. Group 4: A useful practice when doing this activity is to color code tasks—use a different color for each group. One look at the to-do list, and you’ll get a snapshot of how your tasks are spread—do you have a long list of inconsequential activities? Is a large part of your to-do list focused on important future-looking activities or reacting to the urgent? Are you saving time by delegating enough, or are you too afraid to let go? With your to-do list organized, it’s now ready for some action. Make it actionable The hard part is over. You have a well-organized to-do list, which makes it easy to plan and prioritize. A to-do list is not only meant to decide today’s tasks but also to schedule what you need to do in the future. To act on your todo list, go through each group created in the step above and do this: Strike off everything in group 4. Beam with pride, for you just saved yourself a tremendous amount of time. Let's put all that saved time to good use. Delegate everything in group 3. Allocate a small amount of time for coordination and follow-ups. Just because you’re not doing it yourself does not mean this work will take you zero time. Order tasks in group 2 by importance and interest. Take the top 5 tasks with the highest score on the importance and interest scale and mark them for you to tackle first. If you have to eat two frogs, eat the ugliest one first. This is another way of saying that if you have two important tasks before you, start with the biggest, hardest, and most important task first. — Brian Tracy, Eat That Frog Order tasks in group 1 by urgency and mark the top 2-5 tasks for you to work on today based on their complexity and effort required. A clear list of action items is good to get started, but it’s not enough to ensure you make the best use of your time and get things done. Unless you create a specific plan detailing when and where you are going to initiate the desired behavior, you may miss multiple opportunities presented during the day when you could make progress on these tasks. The next step minimizes lost opportunities and enables you to get more work done. Put it on your calendar Take a look at your calendar for tomorrow, next week, and next month. Is your calendar packed with meetings? Which ones are useful, and which ones can be discarded? Do you have tasks on your calendar from group 4 that are no longer needed? Which slots on your calendar are filled with activities that can be delegated to others? Spot them on your calendar and remove, reassign or reschedule to create space for activities from group 1 and group 2. If you’re not in the habit of using a calendar to schedule and plan your tasks, don’t worry. You can get started now. Scheduling tasks in advance makes it easy to get started, as you no longer have to decide what to do next or wait for the inspiration to strike. You can initiate the intended response by simply acting on your plan. Planning ahead and time-boxing your tasks by putting them on your calendar has some major advantages: You don’t have to decide at the last moment, which often leads to indecision and waste of time. You can plan and prioritize important work over easy or urgent tasks. Gives you a sense of control over your time. Keeps you calm and focused as it prevents you from panicking on not knowing what to do next. More brain cycles are available to focus on the task at hand. You’re less likely to waste all your time in meetings by blocking important work upfront. Gives you an opportunity to do work that you have been procrastinating and putting off for a long time. You can also use a calendar to block time for repetitive tasks, checking emails, responding to messages, etc. Once your mind tunes to using specific time blocks for these activities, you’re less likely to be distracted by them during your most productive hours. You must create a foundational schedule that adds structure and intentionality to your days and weeks. A foundational schedule is a pre-determined, recurring schedule that is made up of focused time blocks dedicated to your highest priority activities. — Hal Elrod, The Miracle Morning for Entrepreneurs Check off your completed tasks. You have done the work. You have finished the task. Now to the most important part. Don’t forget to tick the item off your to-do list. There’s a certain sense of satisfaction and pleasure in marking a task done. Checking off tasks releases dopamine in our brains, which not only makes us happy but also makes the task more pleasurable next time around. You can benefit from ticking the completed items in more than one way. Spend 15 mins weekly and monthly looking at the finished tasks. Are you spending your time effectively? What do you need to start doing? What can you eliminate? What more can you delegate? How can you prioritize more forward-looking activities? How can you reduce time spent on urgent, time-sensitive tasks? Effectively managing your to-do list isn’t a one-time process. It requires the mindset to consistently learn and improve. Don’t rush through your to-do list. Invest time in making it work for you. People don’t take anything seriously until it’s written down and becomes an actual part of their daily schedule. It might take you some time to get there but once that becomes a habit, you’ll end up getting all that you planned done simply because it’s part of your to-do list for the day. — Jim Kwik Summary Writing everything you need to do in a to-do list is a good start. It ensures you don’t miss anything while freeing your brain to focus on the task at hand. A to-do list without a sense of importance and urgency is of no use. Divide your to-do list into different groups to easily separate impactful work from inconsequential activities. Declutter and eliminate delegates, then pick a few urgent and important tasks to get started. Don’t leave things you need to do to change. Schedule all activities on the calendar to ensure they get done at the right time. Tick the item on the todo list once complete. It will leave you feeling happy and satisfied. Also published . here

Turn Your Lengthy To-Do List Into A Success List

আপনার দীর্ঘ করণীয় তালিকাকে সাফল্যের তালিকায় পরিণত করুন

Verwandeln Sie Ihre lange To-Do-Liste in eine Erfolgsliste

Convierta su larga lista de tareas pendientes en una lista de éxitos

Transformez votre longue liste de tâches en une liste de réussite

अपनी लंबी कार्य सूची को सफलता सूची में बदलें

長い To Do リストを成功リストに変える

긴 할 일 목록을 성공 목록으로 바꾸세요

Transforme sua longa lista de tarefas em uma lista de sucesso

Превратите свой длинный список дел в список успеха

Uzun Yapılacaklar Listenizi Başarı Listesine Dönüştürün

Biến danh sách việc cần làm dài dòng của bạn thành danh sách thành công

将冗长的待办事项清单变成成功清单

Hello everyone, my name is Vlad, and I have created my own IT startup with just $100. I have always wanted to test my abilities and prove to myself what I am capable of. I wanted to see if I could go from creating an idea, designing the UI/UX, and developing the frontend and backend, to launching the product and marketing it. To provide some context, let me briefly describe my background. At the age of 14, I became fascinated with web development because I had a Counter-Strike team, and we needed a website to register for tournaments. As I maintained the website, I also delved into the art of using Photoshop. I began monetizing the site and explored ways to promote it. Moving forward, I attended university where I extensively wrote code in languages such as C++, Python, and C#. I developed my own neural networks, programmed robots, and tackled algorithms and data structures. During that time, I and my friends co-founded an event startup that helped users stay updated on schedules, changes, and notable speakers. I was responsible for UI/UX design and frontend development. It was during that period that I studied my first design methodologies: Google Material Design Guidelines and Apple’s Human Interface Guidelines. For my thesis, I worked on a project that involved fitting furniture using augmented reality on Swift. Later on, my partners and I established a 40-person IT outsourcing company where I served as the CTO and kept pace with technology stacks across JS, TypeScript, React, Vue, PHP, Python, Node.js, and React Native. With all the experience I had accumulated, I was eager to apply it to creating my own product. Choosing an Idea The plan was to create a product that: Would be beneficial for business owners. Could distribute itself without requiring my time and effort. Would have a monthly subscription (as extensive research indicates that this model is the most viable). Could be developed without external investments, utilizing only my own resources. Two ideas were considered: Developing a mobile application for Android and iOS. However, I discarded this idea immediately as the mobile app market is highly saturated. To achieve success, one needs to offer a truly exceptional product that surpasses enterprise competitors or secure significant investments. Developing applications for SaaS marketplaces such as Ecwid and Shopify. These platforms enable users to create an online store with just a few clicks, without any programming knowledge. I chose to pursue the development of applications for marketplaces because I already had experience in this field, albeit as a frontend developer and architect. Previously, I had created a smart assistant that enhanced the functionality of stores on both the Ecwid and Shopify platforms. Creation of the Idea I began researching what was popular at that time among users and what generated traffic for owners of online stores. The answer was obvious: social media. The success of a brand depends on its popularity in social networks and various business metrics, such as GMV, CMR, CM, and CLV. I realized that small business owners spent a lot of time managing their social media accounts, while medium-sized business owners invested a considerable amount of money and effort in hiring SMM specialists. To conduct research, I explored the app stores of Ecwid and Shopify. I found that there were similar applications available in Shopify, and in order to surpass the competition, I would need to create something genuinely superior and invest substantial resources so that merchants would choose my solution. I decided against that idea because I didn’t want to dive into video content creation or use neural networks for generating textual content. My goal was to develop a basic functionality that could solve real business problems. So, I turned to the Ecwid app store and discovered that there were hardly any competitors in the social media category. This was a win — merchants were seeking assistance with their social media management, and this is where they were waiting for a solution. Designing There are numerous insightful books written about project planning and design that can aid in designing one’s own project. However, after many years of working in IT, I have developed my own design principles that are quite simple and allow for quick design of small and medium-scale projects. All you need is a pen and a notebook. Start by listing the Actors that will be present in the system. Describe the functionality for each actor in the form of a list. Based on the functionality, design the layouts (this can be done in a notebook). Let’s delve into the design process using the example of an Instagram Autopost application. Actors in My Project — shop owner Merchant — a potential buyer on Instagram User The Functionality of Each Actor Prototyping In light of the information provided, it’s clear that I will be developing an administrative panel for merchants integrated with Ecwid, along with a post-publication service. The application will comprise the following key components: : This serves as an informative landing page where users can view their connected Instagram accounts and a list of their marketing campaigns. Dashboard Page : The first page users encounter after installing the application. Here, we provide a brief explanation of how to connect their Instagram account and configure their settings. Connect Instagram Page : This page features a form that allows users to input textual descriptions, set posting frequency, specify whether promotional codes need to be generated, select product categories from which items will be extracted, and view a post preview. Create/Edit Campaign : A helpful widget designed to guide users through the application’s processes and functionalities, facilitating their understanding of its operation. Tutorials Widget Armed with a pen and paper, I’ve sketched out a preliminary layout for these pages. Having a visual representation at hand greatly aids in the development of the application. It simplifies the design of both the frontend and the backend components and informs the database structure. This approach has proven valuable to me on numerous occasions. Welcome Page This is the first page users encounter, and our aim is to provide a comprehensive step-by-step guide on what they need to do. The page features a concise information block, simple graphics, and a single button for the primary action: connecting their account to the application. Additionally, we’ve included an onboarding widget on this page. Its purpose is to explain the process in detail. Let’s break down the elements of this crucial introductory page: : At the top of the page, you’ll find an information block. This block provides users with a quick overview of what they can expect and the benefits of connecting their account to our application. Information Block : To enhance user understanding, we’ve incorporated straightforward graphics. These visuals offer a visual representation of the steps they’ll be taking. Visual Aids : Prominently placed beneath the information block there is the main action button. Its purpose is clear — users click here to begin the process of connecting their account to our application. Action Button : To make the onboarding process as smooth as possible, we’ve integrated an onboarding widget. This widget serves as a virtual guide, walking users through each step they need to follow. It simplifies the entire process and ensures that users feel confident about proceeding. Onboarding Widget Dashboard Page The Dashboard page serves as the central hub for merchants, providing them with a comprehensive overview of our application’s functionality while ensuring timely updates on any issues and offering valuable activity statistics. Let’s break down the key components of this page: : In the first block, users can easily check the status of their connected account. If an account’s token has expired or if there are access configuration problems, this section will display the real-time status along with a description of the issue. Account Status : This block displays a list of connected Facebook pages or Instagram accounts. For each page, it indicates whether the application has access and whether there are any posting issues. This information helps users manage their social media presence effectively. Connected Pages : An essential aspect of successful posting is aligning with the store’s time zone. Users can view their current time zone in this block and have the option to adjust it to the time zone preferred. For instance, a store owner in London may see 21:00 GMT+1, while in New York it’s 16:00 GMT-4. This feature ensures posts are scheduled at the optimal times for their audience. Time Zone Management : The Campaign block is a pivotal component, offering users insights into their ongoing campaigns. Users can quickly check which campaigns are active, their status, the destination page for posting, and initiate quick actions to start or stop campaigns. Additionally, users can access the campaign creation and editing forms directly from this section. Campaign Overview The Dashboard page is designed to empower merchants with a clear understanding of their application’s performance and control over their marketing campaigns. By presenting crucial information in an accessible format, it streamlines the user experience and facilitates efficient management of their online presence. Create/Edit Campaign The campaign creation and editing page with its abundance of forms and fields can appear daunting to those not well-versed in its intricacies. To streamline the user experience, we’ve organized the page into logical blocks, introduced helpful tooltips for each section, and included a post-preview feature. Let’s dive into the various elements of this page: : Recognizing the need for dynamic and engaging content to prevent user fatigue and potential unsubscribes, we’ve implemented a solution that randomly selects templates from pre-defined text options. 1) Variations for Textual Descriptions The “Add Template” button allows users to add text variations, each represented by a number for easy selection. In the text editor, users can insert constants like {{PRODUCT_LINK}} to automate links to products. A quick-access “Insert Constant” button provides easy access to essential variables, such as product name, product link, product description, and price. : To enhance user comprehension of how their changes affect the appearance of the post, we’ve introduced a “Preview” block that replicates the design of Facebook and Instagram posts. 2) Preview Block Changes made to the active template in Block 1 automatically update the text in the preview. For instance, if a user includes {{PRODUCT_LINK}} in their message, they’ll see the final link in the preview. The post displays the product image, and if the user has enabled discount generation, the promotion code will be superimposed on the image. Switching the posting account in Block #5 will also update the account name in the preview. : This block allows users to personalize campaigns and add distinctive features. For example, users can assign unique names to their campaigns and select categories for posting. 3) Campaign Details : Users can specify the day of the week and time for post-publication in this section. 4) Scheduling Block : In this block, users can choose the account where the post will be published. 5) Account Selection : Users have the option to activate or deactivate campaigns. This feature is especially useful when users want to schedule campaigns in advance or pause ongoing ones. 6) Campaign Activation Checkbox : We provide a modal window with all site categories that will participate in the campaign. These categories are the source of randomly selected products for posting. 7) Modal Window with Categories : Unfortunately, this block is not reflected in the mockups but was added later. Here, users can configure discount and promotion code generation, which can be inserted into the text and overlaid on the product image. 8) Promotion Codes Block By structuring the campaign creation and editing page in this manner, we aim to simplify the process for users, providing clarity and control over their marketing efforts. With logical organization, helpful tooltips, and a real-time preview, we empower users to craft engaging campaigns effortlessly. Design Design development can be divided into 2 parts: Design of the merchant’s administrative panel App card design, advertising promotions, and app icon Admin Panel I did not develop the design of the administrative part, as I will be satisfied with the prototype that we developed earlier. Ecwid API has its own CSS framework, and all I need to do is create a grid and insert ready-made components into it. In addition to simple components, the Ecwid API also has complex components, similar to the following: If you are developing your own product that does not have its own CSS framework, you can use the open-source framework. This framework is known by many and has a large base of components and its own grid. Bootstrap Brand Identity Development Okay, let’s move on to the second part, which is the development of our own style. Yes, I have decided to develop it myself without outsourcing the services of a designer. I could have hired a designer, but I wanted to leave a part of myself in this, as it will be the first point of contact for my users with this application. The first thing the platform for hosting the application requires is a logo. I had an idea of placing the Instagram logo in the center, around which likes, people, and money revolve in their own orbits. The concept of the application is that Instagram is a whole world for businessmen, where millions of people want to learn about your product and use it as soon as possible. This is how the logo came about. It was very helpful for me to have Ecwid’s system of rules and guidelines for creating my logo. I believe that rules and specific frameworks simplify the task by reducing the possible variations of element placement and color usage. App Page In any app marketplace, the top priority is screenshots showcasing the functionality of the application. However, having just functionality is no longer enough. When we enter the App Store, we can see how each app competes for the user’s attention. I set a goal for myself to create informative screenshots that would highlight the benefits of my application in each module. To achieve this, I have decided to combine vibrant colors, concise module descriptions, and module screenshots. I opened Photoshop, created a canvas with a basic size, and applied the Instagram gradient. Then, I added a screenshot of the Instagram account connection module and included a brief description of this functionality. Done. And, of course, soft shadows for screenshots. Product Description Next, it was necessary to provide a product description that would clearly explain to the user what needs the application would fulfill for the merchant. Here, I strived to be honest and sincere with the users. This was before the advent of GPT technologies. Summary This was the first part of the article. In the second part, I will talk about how I developed the backend & frontend and reveal some information about the number of installations and the revenue it brings. In this article, I wanted to share the story of creating a product from scratch, and how one person can come up with an idea and bring it to life. Nowadays, we have so many opportunities for implementation, and I wanted to take advantage of them and create a cool product that would save time for small business owners. If you have a desire to bring your own product to life, but, for example, only have skills in backend development, try creating the design, and writing texts (if you are interested in that). In creating this project, my main goal was not only to make money but also to gain new skills in backend development and design development. And when you reach the end, you will feel a great level of dopamine in your blood, realizing that you can do so much.

Building and Launching a Tech Startup Solo: My Story of Turning an Idea Into a Successful Product

Micheal Burry, the investor who rose to fame for anticipating the collapse of the US housing market and a subsequent Wall Street crash in 2008, has decided to bet big once again against semiconductor markets. Has the ‘Big Short’ star made another major call? Burry’s hedge fund, Scion Capital, in recent weeks, one focused on shorting 100,000 shares of BlackRock’s semiconductor ETF, the iShares Semiconductor ETF (SOXX), and the second shorted 2,500 shares in the online travel website Booking Holdings Inc. (BKNG). opened two new positions Scion Capital’s shorting activity has ramped up in 2023, with the hedge fund recently closing out ‘put’ positions on the SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ) at the end of September, with QQQ tracking the performance of the Nasdaq 100 index. But why has BlackRock’s iShares Semiconductor ETF been targeted? And should Wall Street be worried about Burry’s latest ‘Big Short’ coming to fruition? Shorting SOXX The iShares Semiconductor ETF (SOXX) is an exchange-traded fund that has gained almost 50% in the 2023 calendar year thanks to sustained exponential growth among key players like Nvidia Corp. (NVDA) and Advanced Micro Devices Inc., among other chipmakers. In shorting 100,000 shares in SOXX, Burry’s bet against the ETF according to Scion Capital’s 13-F filing with the SEC in mid-November. , amounts to around $47 million Opting to short SOXX is likely to raise many eyebrows throughout Wall Street and comes as a clear indication that Burry believes the ETF to be overvalued. Despite significant volumes of hedge funding arriving into semiconductor firms off the back of 2023’s boom, it’s clear that some investors believe that the market has begun to overvalue some key semiconductor firms like Nvidia, which power artificial intelligence services. generative AI While Nvidia’s stock has grown nearly 250% in 2023, the iShares Semiconductor ETF has consistently shown outperformance in recent years, exhibiting 38% growth over the past year, 207% growth over five years, and a monumental 600% growth since its launch in July 2001. Should the Semiconductor Market be Worried? As one of the stars of the semiconductor landscape, it’s worth looking at the sustainability of Nvidia as an indicator of the long-term viability of the semiconductor industry. Because of the AI boom, demand for Nvidia’s semiconductors is growing, even in spite of China’s export ban on high-end AI chips. But rapid growth can often lead to inflated valuations, and accompanying Michael Burry’s SOXX short is renowned investor George Soros, who through Q3 2023, according to recent 13F filings. cut his stake in Nvidia Should the semiconductor market be worried about this falling positive sentiment among some of Wall Street’s most notable players? Probably not when it comes to factoring in long-term growth. Nvidia is a stock that has built a key presence across multiple emerging industries that extend way beyond generative AI. In a future that could be built on autonomous driving and transport, semiconductors are likely to find an even greater purpose. In terms of Nvidia’s exposure to the automotive industry, an annual revenue run rate of around $1 billion once the technology gathers pace, the semiconductor giants anticipate. could become $300 billion Furthermore, Maxim Manturov, head of investment research at , has suggested that Nvidia’s prospects extend even further, with GPUs capable of enhancing “the user experience on computing platforms, particularly in PC gaming applications.” Freedom Finance Europe “Nvidia offers not only GPUs for artificial intelligence but also the Cuda software platform used to develop and train artificial intelligence models. Nvidia is also expanding its data center networking solutions to help connect GPUs to handle complex workloads,” Manturov explains. Competitivity and Innovation Remain a Long-Term Challenge Although it’s highly likely that demand for semiconductors won’t be declining any time soon, we may see more volatility arrive in the industry as competition intensifies and the quest for innovation becomes more challenging. In November, Microsoft into creating bespoke chips for AI programs in the cloud as Nvidia’s market dominance begins to come under new levels of scrutiny. announced its entry The development of two new processors, one built on a general-purpose chip based on Arm designs called Cobalt and another specialized AI accelerator named Maia, is set to be deployed through Microsoft’s Azure data centers and will provide support for services such as OpenAI and Copilot. In addition to this, shrinking semiconductor transistor sizes are making the steady progress experienced in years gone by considerably more difficult. “Deep learning was powered by hardware. We feel great pressure to continue,” , chief scientist at Nvidia. warned Bill Dally “It’s getting harder, but we still have good ideas…out to like four years out, we’ve got a pretty good idea of where the performance is coming from. And we have a lot of exploratory efforts to answer the question about where the performance is going to come from after that.” Volatility and Sustainability This uncertainty could bring more volatility to the high-performing semiconductor stocks of today, but a dedication to innovation is likely to ensure their long-term relevance to the market. While the likes of Michael Burry and George Soros appear to be anticipating a semiconductor market correction, the stocks remain as pertinent as ever in a world likely to lean heavily on the future of artificial intelligence.

‘Big Short’ Investor Michael Burry Turns Attention to Semiconductors: Does Nvidia Have to Fear?

'বিগ শর্ট' বিনিয়োগকারী মাইকেল বুরি সেমিকন্ডাক্টরদের প্রতি মনোযোগ দেন: এনভিডিয়াকে কি ভয় করতে হবে?

„Big Short“-Investor Michael Burry richtet seine Aufmerksamkeit auf Halbleiter: Muss Nvidia Angst haben?

El inversor de la 'gran apuesta' Michael Burry centra su atención en los semiconductores: ¿Nvidia tiene que temer?

L'investisseur « Big Short » Michael Burry se tourne vers les semi-conducteurs : Nvidia doit-il avoir peur ?

'बिग शॉर्ट' निवेशक माइकल बरी ने सेमीकंडक्टर्स पर ध्यान दिया: क्या एनवीडिया को डरने की ज़रूरत है?

「大物ショート」投資家マイケル・バーリー氏が半導体に注目：NVIDIAは恐れる必要があるのか？

'빅쇼트' 투자자 마이클 버리(Michael Burry)가 반도체로 관심을 돌리다: 엔비디아는 두려워해야 하는가?

O investidor ‘Big Short’ Michael Burry volta a atenção para os semicondutores: a Nvidia precisa temer?

«Большой короткий» инвестор Майкл Берри обращает внимание на полупроводники: стоит ли Nvidia бояться?

'Büyük Açık' Yatırımcı Michael Burry Dikkatini Yarı İletkenlere Çevirdi: Nvidia'nın Korkması Gerekiyor mu?

Nhà đầu tư 'Big Short' Michael Burry chuyển sự chú ý sang chất bán dẫn: Nvidia có phải lo sợ không?

“大空头”投资者迈克尔·伯里将注意力转向半导体：英伟达需要恐惧吗？

In today's digital world, we're witnessing a significant increase in eco-initiatives, each designed to enhance environmental sustainability and integrate greener practices into our daily lives. These innovative endeavors are transforming traditional practices, infusing technology and creativity into environmental conservation. Today, I’m excited to introduce Sergey Shayakhmetov, the founder of , whose vision is reshaping how we approach waste management. In this insightful interview, Sergey delves into the technologies powering the transformation of waste management, and their impact on user behavior and environmental sustainability. Binpong How did the idea of Binpong originate, and what inspired you to gamify the recycling experience? The concept was born from a straightforward yet impactful realization: while recycling is essential, it's often viewed as tedious. We set out to change this perception. Drawing inspiration from apps like SweatCoin, which turn physical activity into a game, we recognized the potential to do the same with recycling. Our aim was to elevate recycling beyond its environmental benefits, making it both enjoyable and rewarding for individuals. By incorporating gaming elements and incentives, we've reimagined recycling as an exciting and fulfilling activity. Our strategy is to encourage sustainable behaviors by integrating them into everyday life as enjoyable experiences. Could you delve into the technology behind the app and explain how it works? The process involves three simple steps. First, users take a photo of their recyclable item, such as a bottle, near a recycling bin and submit this image through the app. Upon successful submission, users automatically receive tokens as a reward for their recycling efforts. These tokens can then be exchanged within the app's marketplace for various goods and services. This system not only incentivizes recycling but also creates a tangible link between responsible environmental actions and immediate rewards, encouraging users to participate actively in recycling activities. Our current focus is on enhancing user experience and accuracy in waste management, while the integration of blockchain technology is paused due to regulatory compliance issues. The AI-driven features at Binpong include: Bin Evaluation: This feature utilizes AI to accurately distinguish between recycling bins and general waste bins, as indicated on our map. This ensures users receive dependable information. AI-Generated Bin Descriptions: Leveraging Generative AI, the app offers comprehensive descriptions of recycling bins. These are created from images uploaded by users and include details on location, the types of materials accepted, and specific usage instructions. Recycling Verification: A key aspect of our platform is the verification of recycling actions through AI. It analyzes photos submitted by users to confirm whether recycling guidelines are being correctly followed. This verification is a fundamental part of our rewards system. In a sea of recycling initiatives, your platform stands out with its gamification model. How does turning recycling into a game set it apart, and what impact does it have on user engagement and participation? Imagine tossing a bottle into a recycling bin and feeling like you’ve just scored the winning goal in a game. That’s what we do – make recycling an exhilarating, reward-filled adventure. It’s not just about being eco-friendly; it’s about having a blast while doing it. Our approach transforms mundane recycling tasks into a thrilling game with levels, rewards, and a dash of friendly competition. Users are not only recycling; they’re also vying for top spots on leaderboards and forming teams, turning it into a social, community-driven activity. This fun factor significantly ramps up participation. People who might have shrugged off recycling are now eagerly joining in, drawn by the excitement and instant gratification of our gamified system. Plus, it’s not just a one-time thing. This addictive gaming element is turning recycling into a daily, joy-filled habit. In essence, this is where saving the planet meets the fun of gaming, creating a vibrant community of eco-heroes who are as enthusiastic about earning points as they are about protecting the environment. How do users receive rewards? What mechanisms or processes are in place for users to earn rewards? Users begin by locating a recyclable item, disposing of it in a recycling bin, and capturing the action using the app. The app’s AI then verifies the recycling activity and awards users with Pongs, a form of digital currency. These Pongs can be used within the app's marketplace to access various offers and discounts provided by eco-friendly partners. So, the process for users to receive rewards is both engaging and environmentally conscious. Moreover, the app fosters a sense of community and friendly competition. Users can join forces with friends, forming groups to undertake collective recycling challenges, thereby earning additional Pongs. The app also introduces special challenges and competitions, adding an element of excitement to the recycling process. Thus, recycling is transformed into a rewarding and sociable activity, contributing to environmental conservation. How are you fostering a sense of community among users, and how does the power of collective action contribute to the platform's mission? The concept of recycling transcends individual action and transforms into a collective eco-movement, powered by the formation of clans. These clans, akin to eco-justice leagues, unite users in a shared mission to excel in recycling efforts. Each clan is more than a team; it's a vibrant community where members exchange tips, encouragement, and stories of recycling victories. The platform introduces an exciting twist with clan challenges, turning recycling into a friendly yet impactful competition. It's not just about individual accolades; it's about visualizing the collective impact of combined recycling endeavors. In this sense, it's a crusade for environmental sustainability, where each clan and its members play a crucial role in the fight against waste, contributing to a cleaner, greener planet. With the incentivization of recycling, how have you observed shifts in user behavior, and what measurable impacts has the platform had on waste reduction and environmental sustainability? Since launching Binpong, we're still in the early days to pinpoint a definitive shift in user behavior. Nonetheless, there's a notable global interest, ranging from Namibia to Sweden, and from Osaka to Dubai. Particularly impressive is the significant engagement in Japan, a country with high recycling benchmarks, where users have notably embraced the app, forming its most active group. This broad enthusiasm, particularly in Japan, suggests a wide-reaching appeal for the gamified recycling model. Although it's the initial phase, the widespread adoption indicates that the platform is successfully making recycling an engaging and rewarding global activity. How do you establish partnerships? What criteria or requirements do potential partners need to meet to collaborate with the platform? In our approach to partnership, the emphasis is on aligning with businesses that share a commitment to sustainability and innovation. The focus is on collaborating with companies from various sectors, such as gaming, mobile apps, aggregators, and neo-banks, who are enthusiastic about eco-friendly initiatives. The ideal partners are those who not only align with our environmental goals but also bring a unique and engaging experience to users. The objective is to integrate technological advancements with ecological commitments, ensuring that each partnership contributes significantly to promoting recycling on a global scale. What is your long-term vision, and how does the platform aim to address broader waste management challenges? Are you planning to add new features? We are setting our sights on becoming a major player in waste management, with an ambitious vision to make eco-friendly practices as engaging as a high-score challenge in a game. The goal extends beyond recycling common items like bottles and cans. Plans include integrating diverse waste management solutions, such as composting initiatives and reducing single-use plastics, utilizing smart data for more efficient waste handling, and collaborating with community figures to simplify recycling processes. Future enhancements for the platform involve interactive challenges, enticing rewards, and fostering a community atmosphere, all aimed at making environmental responsibility an enjoyable and widely embraced endeavor.

Revolutionizing Recycling: Turning Waste Management Into a Digital Game

What makes some ideas change the world? The simple answer is it's about turning your ideas into real solutions. Not enough, isn’t it? Okay then, keep reading. How to Become Innovative and Build Cool Sh*t What if I tell you that you can quickly try out new ideas, and if it doesn’t work, you can pivot? Sometimes, just a small change can make a big difference. Think about Instagram. It started as Burbn, a check-in app with a bunch of extra features. But it wasn’t really taking off. The founders noticed users loved the photo-sharing aspect, so they stripped everything else away and focused solely on that. Just a small shift in focus, and boom – Instagram was born. Why Do Some Ideas Make a Big Impact While Others Don't? Ideas really make a difference when they are not only creative but also practical and meet what people actually need. The best thing about indie hacking is being able to change your ideas quickly based on what your customers say is really important. Creativity is coming up with cool ideas. Innovation is making these ideas work for real people. Your job is to use your creativity to think up new things and then use innovation to make them useful for your customers. Imagine the moment when all the pieces fall into place. It's like finding a hidden treasure in your own mind, a moment of pure joy and exhilaration as your idea transforms from a dream into reality. Great products come from knowing what your customers need, even the things they haven't told you. Paying attention to these details helps you create stuff they'll really want. How can you find out what your customers really need? Become a Stalker If you don’t have customers, pay attention to what people say on social media and sites like Trust Pilot or Clutch about the same product as yours. Every. Single. Comment. If you have customers listen to them, watch how they use things, and try to understand their feelings. This way, you can learn what your customers want, even if they don't say it. This approach will help you to make products or services that customers will like. Listen to what others are saying. Join groups, explore Reddit, Twitter, and Linkedin, and accumulate information to make your brain process it. You can also save a lot of time by joining and reading blogs about innovation. trends newsletters Innovation is exciting and takes courage. It's about being willing to try new things and see where they go. All the best innovations started with someone brave enough to try something new. Use your creativity to dream up ideas, then shape them into something that meets your customers' needs right now. You have the power to make a real difference in your field.

TURN

turnus.in

-- employees

Since n.d.

COMPANY RANKING

TURN

EVERGREEN INDEX #11506

Representing this company? Click here to claim and customize this page!

TURN WIKI

Apply to get your Tech Company News Page live on HackerNoon.com today!

TURN

turnus.in

-- employees

Since n.d.

COMPANY RANKING

TURN

EVERGREEN INDEX #11506

RELATED COMPANIESRANK

STORIES ABOUT TURN

Representing this company? Click here to claim and customize this page!

TURN WIKI

Apply to get your Tech Company News Page live on HackerNoon.com today!