Earn Crypto Part 2: Incentivized Social Media

In this article, readers will be introduced to incentivized social media networks

that enable participants to earn cryptocurrency for contributed content. More specifically, readers will learn how they can make money on the get-paid-to-play-blog platforms Steemit and Yours.

What Is Incentivized Social Media?

Incentivized social media are digital content networks that pay their users to contribute and curate content. As opposed to traditional social media networks like Facebook and Twitter, which harvest users’ data, incentivized social media networks reward their users for contributing to their networks. While incentivized social media networks exist outside the cryptocurrency space, it was arguably the cryptocurrency sector that enabled the birth of this new breed of social media through its ability to process micropayments at low-costs to anyone in the world with an Internet connection. The market-leading cryptocurrency-paying incentivized social media network is Steemit. However, there are also other platforms, such as the bitcoin cash-powered Yours network that pays users in the bitcoin hard fork cryptocurrency.

Steemit: Curation, Creation, and Earning around High-Quality Content

Steemit was launched in 2016 as the first blockchain-powered social media network. The platform was built on the Steemit blockchain and pays its users in cryptocurrency to publish and curate content. Steemit users are rewarded in a combination of the platform’s three native digital currencies: SteemPower, Steem Dollars, and Steem, with the latter being the most popular and most widely traded cryptocurrency on third-party exchanges. Users can earn cryptocurrency for publishing high-quality original content and for upvoting popular content. The financial rewards for popular content are split among the content creator and the curator to ensure participation among the social media network’s users.

Using SteemPower, users can also increase their influence and the number of financial rewards they can receive for posting and curating. SteemPower can be acquired by exchanging Steem Dollars and Steem into SteemPower. For successful Steemit users to cash out their earnings, they have to turn their Steem Dollars or Steem into bitcoin or other digital currencies on third-party exchanges as very few retailers accept Steemit’s digital tokens as a payment method.

The blockchain-based platform provides an excellent channel to earn cryptocurrency for anyone who has a knack for creating, or at the very least spotting and upvoting, high-quality content that other social media users will appreciate. Some of the highest earning posts have made several $1,000 worth of Steem while the highest earning Steem users have made tens of thousands of dollars by posting content on the platform.

Yours: Income for the Bitcoin Cash Community

Yours.org was launched in 2016 by bitcoin developer Ryan X. Charles to enable social media users to be financially rewarded in bitcoin for posting and curating content. After the Bitcoin hard fork in August 2017, Yours joined the Bitcoin Cash camp and implemented BCH as the new digital currency of its platform due to BCH’s ability to process microtransactions at close to zero fees. Therefore, Yours users are now rewarded in bitcoin cash (BCH), instead of bitcoin (BTC), which has resulted in the platform gaining popularity in the Bitcoin Cash community.

To make money on Yours, users can post content and place a price on that piece of content that has to be paid by users who want to read it. Prices can range from $0.10 to several dollars, depending on how much you believe people will be willing to pay to view it. Users can also earn bitcoin cash by upvoting popular content early. It costs to vote up content but users are rewarded with a share of later votes for the same piece of content and are, thus, rewarded for recognizing high-quality content early on. Additionally, users can also earn BCH from tips, which can be paid directly to a user’s profile page, their content, or a comment of theirs.

Making Sound Money on Incentivized Social Media Platforms

While Yours is still in the process of establishing itself as a crypto-powered social media network, it is effectively only being used by the Bitcoin Cash community. Steemit, on the other hand, has become a go-to source of income for content creators from around the world. Steemit has managed to grow its user base to over one million people in less than three years and has become particularly popular in emerging markets where the bulk of Steemit users are reportedly located.

It is difficult to say exactly how much one can make on Steemit because the financial reward is linked to the amount and quality of the content provided and how much content they curate. For individuals living in developing countries where the average monthly income lies below $500, however, a successful Steemit user can supplement a substantial percentage of their income by being active on this incentivized social media network. A brief glance on Trending Posts on Steemit shows that the most popular posts of the day are earning around $250 and the topics covered are not just focused on cryptocurrencies and the blockchain.

Steemit and other cryptocurrency-powered social media networks like Yours and those still in the making, therefore, provide an opportunity for anyone, anywhere to earn digital currency to supplement their income provided they put in the time and effort to create and curate amazing content.

Article Produced By

Alexander Lielacher

Alex Lielacher is a former bond trader who now writes about cryptocurrencies and blockchain technology. He holds a degree in Investment & Financial Risk Management from Cass Business School, London and has been following bitcoin since 2011.

https://btcmanager.com/earn-crypto-part-2-incentivized-social-media/?utm_source=Telegram&utm_medium=socialpush&utm_campaign=SNAP

David https://markethive.com/david-ogden

Switzerland sets legal foundations for blockchain industry

Blockchain and crypto tokens have the potential to bring efficiencies

and cost savings to a range of industries.

The Swiss government has announced a wide-ranging blockchain strategy that aims to create a legal foundation for the new technology. The reports suggests amending existing laws, rather than creating new legislation, in a bid to enhance Switzerland’s status as a blockchain-friendly country. The main focus of the strategy is to incorporate decentralised digital tokens into the Swiss business infrastructure, particularly the financial sector. One proposal is to clear away regulatory hurdles for trading securities (such as shares, bonds or real estate) on blockchain platforms. This would create a new regulatory category along the lines of recent fintech laws, which allow certain financial activities to be carried out by tech start-ups without a banking license.

Switzerland has rapidly established itself as one of the world’s leading blockchain hubs, attracting both start-ups and hundreds of millions of dollars in investments. The technology, which started off as a means to replace the existing financial infrastructure, is now being adopted and adapted by banks, stock exchanges and other industries.

Blockchain/DLT

Blockchain is one example of distributed ledger technology (DLT), a recent digital innovation that allows people to take direct control of their own assets and trade them peer-to-peer without the need for centralised third parties, such as banks or other entities. Asset ownership and transactions are recorded on encrypted digital ledgers that are open for all participants to both view and validate. The complete history of asset ownership is included on these ledgers. To protect privacy, participants are assigned “private keys” – a series of randomly generated letters and numbers that act as IDs.

Blockchain was originally designed to be totally decentralised and open to the general public. But this is not suitable for many businesses that instead opt for restricted DLT platforms that require special permission to access.

End of infobox

The Swiss government reportexternal link released on Friday describes the innovation as “among the remarkable and potentially promising developments in digitalisation. It is predicted that these developments have considerable potential for innovation and enhanced efficiency, both in the financial sector and in other sectors of the economy.”

Digital assets

It also acknowledges that the true potential of blockchain – a form of distributed ledger technology (DLT) – “cannot yet be conclusively estimated” as it has yet to be tested on an industrial scale. Another caveat in the report talks about the risk of cryptocurrencies being used for criminal purposes, including the financing of terrorism. The government said it would remain vigilant but was waiting for the creation of international guidelines before deciding if it needed to take further action.

While current Swiss regulations cover many forms of digitalisation, such as e-banking, some aspects of blockchain/DLT technology fall between the cracks in the legal code. There are two notable challenges to incorporating blockchain into the law. New forms of encrypted digital tokens are not backed by physical assets, such as government issued money or paper certificates. The law needs to be amended to recognise digital-only assets, the report suggests.

Secondly, blockchain is designed to bypass middlemen who keep records of transactions and play a recognised role in protecting consumers from fraud. They are replaced in blockchain by decentralised digital ledgers and smart contract code that automatically processes transactions. The government wants financial transactions that are performed without physical intermediaries to have a place in the legal code.

Positive reaction

The report also proposes giving the financial regulator discretion to apply a lighter touch for decentralised blockchain/DLT securities trading platforms, provided their activities are not likely to harm investors. The Swiss Financial Market Supervisory Authority (FINMA) currently has these powers when assessing fintech start-ups that offer limited banking services.

The creation of such discretionary powers circumvents recent Swiss legislation that was inacted to align the Swiss financial centre with the European Union, says Luzius Meisser of the Bitcoin Association Switzerland. The law created three categories of stock exchange – none of which are suitable for decentralised token platforms, “making it necessary to create a new type in order to allow such exchanges to exist in Switzerland,” Meisser says.

“This shows once again how the traditional Swiss approach of having principle-based laws that give a lot of discretion to citizens and regulatory agencies are much more innovation-friendly than overly detailed European-style laws,” he said in a written statement. Blockchain financial start-ups will soon be able to take advantage of new fintech-friendly regulations allowing firms to take up to CHF100 million in client deposits without needing a banking license. Fintechs that qualify under this new regulatory category could also take custody of clients’ crypto tokens up to this value.

Unlike neighbouring Liechtenstein, that is in the process of creating a new set of laws aimed specifically at blockchain, Switzerland has chosen the route of adapting current legislation to incorporate the new technology. This approach was welcomed by the Crypto Valley Association (CVA), which it sees a solid legal base as an essential pillar of Switzerland’s blockchain strategy.

“We feel that this approach best represents the principle of technological neutrality and is in line with the position taken by the CVA in the consultation process,” Mattia Rattaggi, CVA spokesman for regulatory matters, said in an emailed statement to swissinfo.ch. “Crucially, this approach ensures maximum consistency within the current legal framework while keeping it principle-based and flexible, while allowing changes to be adopted on a ‘need-to-regulate’ basis.” The issue of how to tax digital tokens has been put off until a review is complete at some stage next year. The federal communications ministry has also been tasked next year with determining how blockchain can be reconciled with data protection laws.

Proposed law changes

Amend company bankruptcy laws to recognise data as an asset. This would allow courts to handle purely digital assets, and make sure they go to the right creditor, when sorting out insolvent firms. Amend the Banking Act along the same lines as above in the case of a financial institution going bankrupt. Amend the scope of the Anti-Money Laundering Act to cover decentralised exchanges with the power to dispose of third-party assets.

Create a “new authorisation category” for blockchain securities traders and exchanges to give FINMA discretion to apply a lighter touch when assessing the activities of such entities. Amend the Financial Market Infrastructure law and the Financial Institutions Act to “create more flexibility” for blockchain/DLT applications.

The finance ministry is already looking into a Collective Investment Schemes Act amendment to include a new category of funds (limited qualified investment funds L-QIFs) so that “new innovative products could be placed on the market more quickly and cost-effectively in the future”. No immediate changes to financial laws for the insurance industry are immediately foreseen as blockhain/DLT is in its “infancy” in this sector. The report also sees no reason to change any legislation with regards to cryptocurrencies.

Article Produced By
Matthew Allen

Zurich bureau chief| English Department

Profile

When not covering fintech, cryptocurrencies, blockchain, banks, trade and the World Economic Forum, swissinfo.ch's business correspondent can be found playing cricket on various grounds in Switzerland – including the frozen lake of St Moritz. Initials: mga

Expertise

Business, Finance, Economics

https://www.swissinfo.ch/eng/dlt-report_switzerland-sets-legal-foundations-for-blockchain-industry/44617654

David https://markethive.com/david-ogden

Swiss government announces legal foundation for blockchain technology

Following the Swiss government’s release

of an official report (see English report here) on Friday, advocating for decentralised financial transactions to have a place in the Swiss legal code, could this new strategy strengthen Switzerland’s status as a blockchain friendly country?

Several experts in the blockchain space provide their insight on the importance of adapting current legislation to incorporate new technological developments and the implications of Switzerland allowing changes to be adopted on a ‘need-to-regulate’ basis. Brent Jaciow, Head of Blockchain Affairs at Utopia Music, the cutting-edge, blockchain-powered music tracking and attribution platform based in Zug, Switzerland,

said:

In order for any new technology to gain mass adoption, people must know what regulatory framework they are operating under. While for early adopters a loose understanding may be all that is necessary, for institutions and the population en masse, it is crucial to understand the regulatory implications of owning, transacting and working with new technologies especially as it relates to securities.

Switzerland allowing changes to be adopted on a ‘need-to-regulate’ basis is not a large shift from the current situation, where governments must direct their focus to the most pressing needs of their citizens. Though, this is also positive as it means that governments and their regulatory bodies will be more proactive in providing guidance to new technologies. By being proactive, it will speed up the adoption cycle as new entrants do not need to be concerned with dealing with future or retroactive regulation and can just move forward with using and innovating with these new technologies.”

Chair of the Crypto Valley Association (CVA) Policy and Regulatory Working Group, Dr Mattia Rattaggi,

said:

The CVA welcomes the release of the Federal Council’s report, and is entirely in tune with its goal to create the best possible framework conditions for “Crypto Nation Switzerland,” while underlining the country’s integrity and reputation as a financial centre and business location.

It is positive that this is to be achieved through targeted adjustments to the existing legal framework – instead of issuing completely new laws. We feel that this approach best represents the principle of technological neutrality and is in line with the position taken by the CVA in the consultation process. Crucially, this approach ensures maximum consistency within the current legal framework while keeping it principle-based and flexible, while allowing changes to be adopted on a ‘need-to-regulate’ basis.

To a large extent, the report also confirms what we, in the Crypto Valley community, have known for some time — that Switzerland’s regulatory system is already open and relatively flexible. These are attributes that have been fundamental in the Crypto Valley’s emergence as a global hub of blockchain innovation.

With the CVA Policy and Regulatory Working Group, we look forward to analysing the details of the report, communicating its contents and implications to our Membership and to continued cooperation with government stakeholders to keep building the wider Crypto Valley ecosystem.”

Angel Versetti, Co-Founder & CEO of Ambrosus the world’s leading blockchain and IoT platform for quality assurance in food and

pharmaceutical supply chains, said:

The most recent Swiss Government report concerning the regulatory approach to blockchain technologies is an important step in moving the entire blockchain industry towards formal recognition and industrial adoption, and provides increased legal clarity. Notably, the report is keen to emphasize the innovative value of blockchain-based ecosystems, while also reminding the public of the infancy of the industry as a whole. For the broader cryptocurrency community, this report puts forward a cautious approach to regulating digital currencies and tokens. Within the context of innovation and the impending digital revolution, the report is significant insofar as it indicates a larger social and political shift in favour of decentralisation, transparency, and increased efficiency via blockchain technology.

At the same time, it is important to not simply apply securities, banking, and money transmission laws to cryptocurrencies and Blockchain, as has been done frequently in Switzerland over the past year. It is important not to stifle innovation and decentralisation with excessive regulations, red tape and bureaucracy, because this will reduce the democratic value proposition that blockchain offers and will only favour bankers, compliance lawyers, and financial intermediaries, which is already happening in most jurisdictions that are taking too strong an approach to regulation. As entrepreneurs in general —and crypto enthusiasts in particular — treasure privacy, decentralisation, and freedom from censorship, these values should likewise be reflected in the rules and regulations.

In addition, Switzerland should consider only regulating companies that do business with retail customers, and instead treat decentralized protocols as a common good, rather than trying to excessively regulate and impose rules on companies working on building decentralised protocols. In a nutshell, they should take a laissez-faire approach, whereby there are general freedoms and rights guaranteed, and companies are regulated reactively and not proactively. Those are fundamentally different approaches. One permits innovation while eradicating fraud, while the other will only benefit the banks and intermediaries that blockchain was supposed to replace in the first place. Right now, Switzerland seems to favour the digital asset management industry, which almost exclusively consists of the same old financial elites from the largest corporate banks and investment banks. They tend to recreate the same barriers that currently exist in the financial sector, which is worrying.

Mandating FINMA to be more relaxed and use more discretion towards crypto companies is a very welcome step indeed. However, reaffirming protection of rights and interests of crypto companies would be even better.”

Article Produced By
Admin

https://bit-media.org/blockchain/swiss-government-announces-legal-foundation-for-blockchain-technology/

David https://markethive.com/david-ogden

Bank of America Files for Blockchain âATM as a Service’ Patent

Bank of America Files for Blockchain ‘ATM as a Service’ Patent

Bank of America may be eyeing shared networks of ATMs

powered by blockchain tech, according to a newly revealed patent application. The filing, published by the U.S. Patent and Trademark Office (USPTO) on Tuesday, outlines a system via which a cash-handling devices could utilize blockchain technology to “accelerate transaction speed and/or facilitate other types of transactions in addition to ATM transactions like cash withdrawals and deposits, such as gift registry transactions.”

Blockchain could also help such devices “handle a relatively larger amount of transaction volume while reducing its physical cash transportation needs,” the document reads. Currently, most ATMs are dedicated to their respective banks and those institutions’ operating systems, Bank of America said in the filing, yet support for multi-purpose, “multi-tenant” – different stakeholders that share access to a single software system – functions is needed to offer various micro-services related to brand and marketing opportunities.

The bank is effectively looking to implement “ATM as a Service” to enable customers without existing relationship with a participating financial institution to transfer money across the same ATM network or even access point-to-point video communication using the ATM. As the patent explains that, to do this, the system would implement an “open and robust” data transport layer with “full” encryption and security.

It goes on:

“The data transport supporting ATM management, signaling, and non-financial institution and financial institution transactions may be strictly communicated to a cloud platform … and subsequent hosting of web and application services may allow secure and scalable operations. “

The patent filing is just the latest to emerge from Bank of America, which has filed more than 50 blockchain-related patents as of August 2018, according to a research report by iPR Daily, a media outlet specializing in intellectual property. Last month, the bank was awarded a patent for a novel method for storing cryptocurrencies.

Article Produced By

Yogita Khatri

https://www.coindesk.com/bank-of-america-files-for-blockchain-atm-as-a-service-patent

David https://markethive.com/david-ogden

3 Conflicts That Will Shape Blockchain Tech in 2019

Beyond the flashy headlines,

though, larger trends are manifesting. I believe three areas of conflict, between six “incompatible truths,” have been slowly taking shape, and that 2019 will see them unleashed in full force.

1. Ideology vs product-market fit

Venture capital funding is dead, so they say. By crowdfunding token creation events early, blockchain startups have taken a different route to market than the unicorns we know today. Web 2.0 startups raised in tranches. Web 3.0 startups raise early, in bulk. Web 2.0 startups wrote a ridiculous valuation around their Series D. Web 3.0 startups obtain a ridiculous valuation on day one. Both startups look for product-market fit, but the biggest difference between the two is that Web 3.0 companies need, and advocate, their ideology as the final product on day one. From ideology all else follows. Ideology is the coordinating principle between all parties taking part in the ecosystem.

Amazon set out to to use internet protocols to transform book buying into the fastest, easiest and most enjoyable shopping experience possible. Although Google has kept its mission statement of “organizing the world’s information and make it universally accessible and useful” for over 14 years, its interpretation of the statement has changed dramatically.

Such a change is relatively easy to achieve in a centrally organized company. Now imagine that when proposing a change of direction, Amazon and Google needed buy-in from all their stakeholders. Would they still be where they are today? Maybe, but probably not. Aligning and evolving ideology at scale is tremendously complex. In 2019, we will see a shift. Open-source initiatives will still crowdfund from the garage-phase onward, but Web 3.0 companies with a profit function will to wait until they demonstrate early product-market fit, typical for an A-round. In short, 2019 will be the comeback of the VCs.

2. Market capitalization vs adoption

Consider two numbers: 131,000,000,000 and 10,000. The first one is the total crypto market capitalization in dollars, which is spread over 2,000 crypto-assets. The latter is the total dapp user base of ethereum. Now let’s look at adoption. Close to 14,000 venues worldwide accept bitcoin. Look at all that impressive red. Until you realize that in the U.S. alone there are 47,481 people named John Smith. “But, wait,” you say. “Crypto’s main feature is a currency!” Reality hits again. The most popular ethereum decentralised exchange (DEX) has just over 700 daily active users (DAU).

We could argue only a subsection of those active within the crypto space frequents DEX daily. However, games, which encourage DAU as a metric, aren’t doing much better. In 2019, we’ll realize that the valuation metrics we use as a sector are broken. The metric of multiplying circulating tokens with price is ridiculous. Together with exponential adoption of distributed ledger technologies (DLT) and crypto assets alike, we’ll see the industry mature in how we evaluate these new models of creating value.

3. Believers vs non-believers

Every time a Jamie Dimon or Nouriel Roubini gets a platform, a tweet storm to set the facts straight is not far away. A shouting match ensues between the “crypto bros” and the “bitcoin-is-a-scam” camp, doing little for mutual understanding or empathy. Historically, every major shift has required a strong foundation of support. Evangelists who keep challenging, challenging, and challenging the status quo, until it dents. The DLT community has got tenacity in spades.

Now it needs a new narrative.

The market is moving at a thousand different paces. We’ve seen teams who completed a successful token creation event, but were swallowed by their communities. The ones who keep their heads down, build and deliver (shout-out to 0x). Corporations who are tight-lipped about their stance on DLT, but are working like maniacs behind the scenes. Fortune 500 companies who are engaging in shiny innovation theater, but with no true intention to ever bring those PoC’s in-house.

Christine Lagarde, managing director of the IMF, got it right: ?

“?There are new and evolving requirements for money, as well as essential public policy objectives. While the case for digital currency is not universal, we should investigate it further, seriously, carefully, and creatively.”?

I would echo those sentiments for the wider promise of DLT, because we are not there ?yet. But we might get there in 2019.

Article Produced By
Arwen Smit

David https://markethive.com/david-ogden

Would you Join a Free Social/Market Network If â¦

Would you Join a Free Social/Market Network If …

…1: The following is their Privacy Policy?

You own your personal information and content. It is explicitly not ours.
You will never receive a targeted advertisement or 3rd party content based on what you do or say online. We think it is unethical.
You see every post in timeline order from your friends, family and groups.
We do not manipulate, filter or change the order of your content or what you see.
Permissions and privacy are your rights. You control them.
You control who can access your content.
You control what, if anything, others can see in member searches.
We're a private network. That means we do not track or profile you.
Your privacy means that we do not share your personal information with anyone.
Your 'likes' and 'loves' are for you and your friends. We do not monitor or mine your data.
Your face is your business. We do not use facial recognition technology.
You have the right to delete your account and take your content with you at any time.
We do not store or archive our logs.

When you join this social/network and for any reason do not like it, you can delete your account. Be forewarned, if you delete your account there is no getting it back. We do not archive your information.

2: Would you join a free social/market network if there are 4 levels of security tied into your digital wallet?

The Markethive wallet is a software program that stores private and public keys and interacts with various blockchains to enable users to send and receive digital currency and monitor their balance, with the additional options to send payments through the messaging system. The wallet also receives Markethive auto revenue payments.

The initial subscription into Markethive requires a mature social network and a cell number is the second level of verification. But further verification is required to conduct business. This is where the 2FA process requires documents that when approved, they are encrypted, and the Wallet becomes the only point giving the subscriber the only access to their own privacy

Security blockchain end to end, private key for verification access to the Markethive platform. KYC documentation is stored in the blockchain and only accessed via your wallet with the wallets 2FA. Upon logging into Markethive, the wallet delivers several layers of protection.

Decentralized messenger, p2p, blockchain, voice, text, 3+ call ways, groups and channels, built-in whiteboard and desktop share webinar. Encrypted, private, crypto coin transfers, shapeshifter, runs from the wallet. Pays to use it. Reads and publishes to the Markethive Newsfeed.

3: Would you join a free social/market network if there is a simple model to evaluate digital money viability?

The above image shows a simple model for evaluating

if our digital money is viable. The Three Pillars Community, Technology and Liquidity must each be as strong as the other.

There must be a community involved. Markethive has that and it is growing every day. Our Alexa Ranking decreases every day, which means there is more and more traffic to the website.
Markethive has tools that were discussed above. Soon we will be on the Blockchain, with our own Wallet. Micro-payments will be possible, an Airdrop will be implemented and more.
Finally, there is Liquidity. We will have our own Exchange which will make it easy to exchange our coin. The coin will be used inside Markethive. There will be Market Makers that will assure the coin can be traded all of the time.

Markethive fits the qualifications for being a viable coin.

4: Would you join a free social/market network if there are free built-in marketing tools?

• Content Marketing
• An Autoresponder with full configuration, control and is not limited!
• Groups
• Campaigns
• Conference Rooms
• Leads Funnels
• Lead Management

• Marketplace
• Social Media
• SEO
• Backlinks
• Analytics/Tracking
• Banners
• Link Hubs

5: Would you join a free social/market network if you get paid for participating?

There are 4 ways that you can earn income as a Free Member of Markethive.

Markethive will have an Infinity Airdrop. The first drop will give away 500 Markethive Crypto Coins for everyone already in the system and every new subscriber will receive 500 Markethive coins. Thereafter, as the Markethive coin increases in value, the number of coins given away will decrease, but the Airdrop will remain in force.
The first thing someone will want to do when they join is complete the System Tutorials. When you complete a section, you will receive a Micro Payment in Markethive Coin. This will go directly into your wallet, that we talked about in earlier in the article.
Another way to earn income is through micropayments. You will have to refer 3 people who are verified, to get paid micropayments for everything you do in the system. You create a post, you get paid. You create a group, you get paid. You give a comment, you get paid. You fill out your Profile, you get paid. You get the idea!
Markethive will be doing away with the Like Button. It will be replaced with a Tip Jar Button. If someone thinks that the article you wrote was good they will be able to Tip you with the Markethive coin.

6: Would you join a free social/market network if there is an optional upgrade and 14 more ways to earn income?

When you upgrade to Entrepreneur and someone joins using your link, they will get an Airdrop of 500 free crypto coins and you will get a matching bonus of the same amount of free coins. Advertising Marketing Co-op Rotator. Your share of new associates signing up through Markethive Advertising campaigns. Entrepreneurs will each get their own Portals where they can set their own prices for the services.

Portals like:

Big Caboodle (a website maker, like Wix)

Blog Creator (connected to WordPress)

Hiveroom (conference room, like Zoom)

Bee Lancers (A Marketplace)

Markethive Exchange (Cryptocurrency Exchange)

AboutBitco.in (Crypto News Website like Coinmarketcap) and many more.

As an Entrepreneur, we can sell the services that each Portal provides and charge whatever we want.

Exclusive free Banner Advertising

through-out the system and traffic portals. 3 sizes in top positions in well-traveled areas. Exclusive self-replicated ICO like ILP(Initial Loan Procurement) Markethive.io investment site where new investors are coded to you earning additional ILP notes shares. When someone purchases an ILP, through your link, you will then get shadow shares in the same amount. The Shadow shares become active when ILP’s are funded.

The Entrepreneur Upgrade is $100 per month or $1000 per year if paid by the year. If you do not miss a payment for 12 consecutive months, you will be given a 1/10 ILP shadow share. If you do not miss a payment for 10 years you will have earned a full ILP and its benefits. You will get your money back and much more each year. This option is only available to 1000 Entrepreneurs at any given time.

http://markethive.co

May you have success in all that you do!

Article Produced By
Deb Williams

I am a freelance writer for the Market Network and crypto/blockchain industry. I'm a strong advocate for technology, progress, change and freedom of speech.

https://steemit.com/blockchain/@trueword/would-you-join-a-free-social-market-network-if

David https://markethive.com/david-ogden

Markethive’s First Blockchain Milestone Reached; White Paper Discusses Privacy above Profit, Universal Income

Markethive's First Blockchain Milestone Reached; White Paper Discusses Privacy above Profit, Universal Income

When Thomas Prendergast, CEO and Douglas Yates, CTO

completed the Markethive whitepaper to begin the journey of providing Universal income for all entrepreneurs across the world, they laid out a roadmap on how Markethive is getting from here to there. We are pleased to announce that we have reached our first stop (referenced as Sprint 1 in the whitepaper) on our roadmap. News provided by Markethive

SHELL, Wyo., Aug. 30, 2018 /PRNewswire/ — Markethive unofficially launched their crowdfunding campaign in April 2018. At that time, a timeline was delivered in the white paper mapping out our goals, the first one being the entire retooling of the Markethive back office in preparation for the blockchain, to deliver a fully operational Market Network.

Douglas Yates (CTO Markethive) stated, "Thanks to the help of our strategic partner Menlo Tech, who just recently was named TOP Custom Software Developer in India, Markethive has successfully implemented our first milestone. Please recognize that this is a great accomplishment in the world of fake ICOs and playing loosely with the rules."

Thomas Prendergast (CEO Markethive) added, "Not only has Markethive completed the first step in implementing our blockchain architecture, they have also been able to implement industry standard best practices and increase the usability for our members."

Here are some of the highlights;

Simplified the login process
Simplified the menus
Implemented the Free Bee and Entrepreneur membership levels – very simple (and powerful)
Added in crypto-currency payment tools
Implemented source and release controls
Partnered with Microsoft, moved to the Azure Platform
Fix many bugs and security holes
Updated profile pages to allow Entrepreneur level members to participate in upcoming airdrop matches
Added Associates for Entrepreneur level members
Added Contact Management System (CMS) for Entrepreneur level members
Made the login and profile pages compatible with mobile devices
Perform optimization to make the system faster
Added in Support via Telegram

Stay tuned because Markethive will be reaching more milestones in the near future and the Markethive coin airdrop is just around the corner. To stay in tune with Markethive simply subscribe here: http://markethive.com

Contact:
Markethive Inc.
ceo@markethive.net

Article Produced By

https://www.prnewswire.com/news-releases/markethives-first-blockchain-milestone-reached-white-paper-discusses-privacy-above-profit-universal-income-300704998.html

David https://markethive.com/david-ogden

Social Media and Blockchain Technology. Is it Realistic and Viable?

Social Media and Blockchain Technology. Is it Realistic and Viable?

Blockchain Technology is a relatively new innovation

and is becoming the new buzzword all over the internet. However, both online and offline companies can benefit greatly from it. That being the case, this particular buzzword and the tech itself is going to be around for a long time. It’s the way of the future. It offers transparency and immutability that allows everyone to securely share access to the same information with confidence. It provides new infrastructure to build innovative applications beyond cryptocurrencies, driving penetrating, effective changes throughout business, communities, and society.

Will Social Media adopt Blockchain?

Social Media as we know it was yesterday’s innovation. It sure has had an impact globally, across all industries. But one thing we can be sure of is change and technology. With what the oligarchs in this space have become, given the issues that have been brought to our attention, and since the advent of the blockchain, a few verticle Social Media platforms have integrated Blockchain Technology. In particular, blogging platforms: Steemit, Minds, Reddcoin, Markethive.

Currently, it’s very difficult for bloggers or content creators to properly monetize their work. The Blockchain has made it possible for users to be rewarded, as there is no centralized entity like Facebook or Google who controls content or posts. However, thought needs to be applied to how these innovative companies can be sustainable before they launch.

What is underpinning these platforms?

Steemit became one of the first working decentralized applications. They allowed users to submit content, whether it be original or curated and pay them for their work. Paid with Steem Coins which is liquid and can be converted into Steem Dollars at the exchange. After it’s inception, the Steem token enjoyed huge success and rose 2000%. Since then, it has fallen 96% from it’s original all-time high to around $0.30USD.

Although good intentions were no doubt there, Steemit’s demise has come about perhaps due to nothing substantial underpinning the project. At the time of launching, there was a lot of hype in this arena causing massive inflation. Users were paid by way of Upvotes from the Steem community which were executed through a Bot system. Unfortunately, this Bot system could also be used to upvote oneself, making the vote results disingenuous. To make matters worse, one could buy votes through the system. This system is still active and as a result, has cultivated a loud, non-representative group of get-rich-quick schemers.

They have also had to cut staff by 70% recently. I decided to join Steemit a little while ago and upon signing up it was stated there was a 3-week waiting list if I wanted to join as a free member. If I wanted faster access I could pay a small fee through Block Trades and I would get instant access. I’m not a patient person so I paid. Disappointingly, I did not receive access immediately as I was not linked back to steemit at the time I paid from the Block Trades site. It seems to be a separate entity. Consequently, I am still waiting for access to the platform. There are a lot of unhappy people there at the moment, some leaving and the faithful hanging on. It will be interesting to see if, when and how this company will address these issues.

2017 to early 2018 we saw a bull market which incentivized ICO projects in the crypto space. Around $30 billion was raised from investors in the public market to fund the creation of decentralized apps and systems. Nearly 12 months later, many of these projects in this sector either have no working products or they have an insufficient number of users to justify their viability. Taking into account the disappointing performance of most dApps and ICO proposals, Martha Bennett (Forrester Research Analyst) said this year’s bear market has been a wake-up call for investors that funded these projects without working products and in many cases, a clear long-term vision, strategy, and solid business model.

Bennett said

“Sooner or later, this would have led to a contradiction anyway. The crypto crash acted as both catalyst and wake-up call.”

So when is a Good project a Great project?

Essentially when it continually delivers for investors and the people using the product or service it offers, especially the less fortunate. Also when the technology is improved on the current system and it creates thoroughly new ways of activity and enterprise that can bring about opportunities for social influence. The concept of the company and it’s token is underpinned delivering the 3 pillars of viability – (Community, Technology, and Liquidity) that can change business and human behavior intrinsically. A token must have a mechanism to drive price appreciation. This includes network volume, market leadership, the incentive to hold tokens other than hype, supply changes, profit sharing, staking, and sufficient liquidity.

Can a Social Network successfully and sustainably prosper in this new decentralized world?

The answer to that question is a profound YES! In fact, we can go one better. What would you say to a Social Media platform that incorporated the services of all the vertical platforms right across the board? Such as Marketplaces, content, inbound, email marketing, SEO, video platform, chat, messenger boards, and the list goes on. All built on the blockchain, all monetized with complete privacy and freedom of speech.

Introducing Markethive – The Next Generation

It takes time to perfect an ingenious concept and thanks to technology and Quantum computing it’s now alive and well. Underpinned by mining hives that will drive the coins (MHV) along with all the products and features the system offers, which is the lifeblood to Entrepreneurs, in fact, anyone working online in whatever capacity is already being predicted soon to be the gold standard to which others will compare.

So, there’s a new kid on the block and it’s called Markethive. It’s been a concept for over 20 years and in Beta for last four years. Markethive’s culture is not fixed. It’s a decentralized, autonomous, fluid environment which includes manifestations of intellectual achievements, social habits, innovation, music, literature, technology, commerce, and the arts. A central “hub”, albeit a “decentralized” platform, system and framework built using blockchain technology, is designed to encourage “reciprocal interchange” of ideas, knowledge or skills as well as providing for exchange, sales or purchases of goods, services and commodities. This futuristic model is here now and fully prepared for the future, truly representing a prime example of the next generation = Market Networks.

Markethive has the roadmap and is the blueprint of where things are headed. Their mission and objective are to pioneer “Universal Income” worldwide.

Integrated with state-of-the-art blockchain, cryptocurrency, and inbound marketing technologies, Markethive has constructed a social network that provides a “Universal Income” created exclusively with entrepreneurs in mind. Because Markethive is self-governing, sovereign and controlled by its entrepreneurs and holders of Markethive, its coins (MHV) share in Markethive’s profits and benefit greatly from ultimate success. It is classed as a utility coin and it will be on many exchanges for conversion. However, unlike many other ventures, it will not be subject or a victim of the “pump and dump” scenario. It will be utilized within the community creating a complete ecosystem which will drive the price appreciation.

It’s just a matter of time until nearly all independent professionals and their clients will conduct business through the development of tight-knit collaborative Market Networks within specific industries. Market Networks will have a massive positive impact on how millions of people work and live, and how hundreds of millions of people buy and sell better services.

Starting NOW, there will be many more forward-thinking entrepreneurs stepping forward, with their sights set upon creating increasingly innovative, highly synchronized business models and solutions to doing business in the 21st century and beyond. Those who will be most successful will not only keep up with the speed at which technology continues to change, but they will align themselves ahead of the curve at all times.

Article Produced By
Deborah Williams

I am a freelance writer for the Market Network and crypto/blockchain industry. I'm a strong advocate for technology, progress, freedom of speech and I embrace "Change". My background is in Sales, Service & Business Development Consulting, and have trained and coached clients from Front Line through to Management in the Financial Services Industry. I have been owner/operator and developed offline and Online Businesses.

https://cryptorials.io/social-media-and-blockchain-technology-is-it-realistic-and-viable/

David https://markethive.com/david-ogden

Life After Google: Fall of Big Data, The Rise of the Blockchain Economy

Life After Google: Fall of Big Data, The Rise of the Blockchain Economy

There is life after Google says, George Gilder…

Since becoming famous with the arrival of the international bestseller Wealth and Poverty in 1981, George Gilder has remained an artistic pillar in the world of politics, economics, and more so, as of late, technology/innovation. Gilder is an energetic author and correspondent covering not only where we are as a society today, but where we’re as of now heading also. Previously, Gilder has honed in on the innovations of the future and anticipated the diminution of technology that basically isn’t staying aware with the way society is developing.

As an intense author and maybe a periodical polemicist, Gilder is definitely already known to many perusers from his other works, including titles like Microcosm, Life After Television, Telecosm, and the Silicon Eye. Despite one’s own sentiments on his other work as it identifies with social analysis, there’s no denying Gilder’s poignant presence in the world of financial matters, particularly from the conservative-libertarian side of things, and his tech-focused visions for what is to come. With regards to economics, Gilder has even gone so far as to earn the label of being the most referred to author alive, by former President Ronald Reagan.

In his most recent book, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy, Gilder is now again examining the way humankind relates with technology and how it influences the lives of end users. We’re existing at a point in history where such a large amount of what we do, what we see, and what we utilize is controlled by an increasingly smaller group of individuals. Gilder doesn’t like that and, more importantly, doesn’t think it’s useful for civilization. Google appears to dominate nearly every aspect of so many individual’s lives, Gilder sees an essential shift in the future. A move away from centralized authority and domination of so much of the internet today. A shift instead to a decentralized method of connecting and communicating with the world around us; a “great unbundling,” perhaps.

Security, Blockchain, and the Coming Disruption

Eventually, Gilder sees a future beyond Google where things are decentralized and blockchain innovation assumes an indispensable position in the manner in which we interact as a society. For Gilder, one of the other worrying aspects of the centralization in the case of Google is the absence of an emphasis on security. Gilder unequivocally expresses that security in a framework isn’t merely an afterthought. It shouldn’t be a patch or an addition made to a platform, but rather a foundation of the platform to begin with. At the end of the day, the question of security is really one of architecture to Gilder.

In Google’s case, the organization has possessed the capacity to escape without that foundational basis because of how they’ve inverted the traditional relationship between company and consumer. Gilder sees this as a crucial mistake on Google’s part. Basically, Google has changed the relationship between customers and companies which places the would-be consumers in a position significantly more similar to a commodity.

According to Gilder, there is aspiration with the approach and presentation of blockchain technology (a glaring difference to Google’s framework which isn’t security-established in its engineering). Really, blockchain isn’t so much a “hope” as it is a natural progression. The current model practised by companies like Google won’t be able to survive on its own. To be sure, we’re in for an incredible “unbundling.” Big Data ie, Google operates from control and when they can't control data they will fail.

Unlike Google’s model, Blockchain technology is essentially based in security. Instead of being an afterthought for a network, it’s a crucial component of how the network is formed in the first place, something undeniably more sustainable in Gilder’s eyes. Ultimately, blockchain technology is exactly the kind of impetus that can lead society to a more decentralized, provable, and trustless future. In contrast to huge organizations with walled gardens, blockchain allows for large distributed systems that aren’t controlled by a third party and can remain stable without one crucial failure point.

A distributed system that is unalterable and can’t be tampered with by an overshadowing authority has extensive-scale significance. Whether pertaining to legal records, property deeds, financial transactions, or any other type of data imaginable, blockchain technology can offer a framework more secure and immutable than those before it. Simply put, blockchain is the future:

George Gilder, featured in the video, is one of the tech world's more famous and controversial prophets, serves on the board of directors of several technology companies. He believes we can say goodbye to today's internet and welcome a new "system of the world" that enables a new global economy founded on a new form of internet money and micro-payments, where new companies will emerge to lead the new era.

Will This Effect Social Media Platforms?

Decentralized data will also frustrate the social media platforms because they will have no control. Should these platforms go the route of incorporating blockchain technology, will probably be to its demise as they thrive on the data they collect. It would also be a monstrous undertaking considering blockchain really needs to be foundationally introduced, not an add-on.

It would seem that technology has somewhat left them on the shelf.

We have a future here where we can operate on a platform of decentralized data. The next 10 years will be about Market Networks.

Markethive is a next generation Social/Market Network, built on the Blockchain that has positioned itself as a complete ecosystem for Entrepreneurs. Using the latest technology, it provides prosperous solutions for all business owners, marketers, commercial artists who require an online presence. Markethive's functionalities include SEO features, Analytics, Customer Management System, Traffic Portals, Capture Page and Lead Creation, Profile Page, e-commerce portals, video conferencing, Blogging Platform and much more. Also included are significant training tutorials and weekly live support meetings.

Focused on Inbound Marketing, Markethive plugs into all Social Media, simplifying your marketing efforts, with automated email campaigns allowing for lead flow into your designated business. Markethive incorporates collaboration building relationships within the community.

Markethive is a social market platform that is essentially a hybrid between the social networks, Inbound Marketing, Ebay and exchanges. No other alternative utilizes the blockchain the way Markethive does.

Inbound marketing is one of the most sought-after attractive marketing strategies in business today, yet managing a successful campaign requires a high demand of human and technical resources. Here is a platform that can enable you to create, advertise and broadcast, plus evaluate your content’s success effortlessly with complete control and privacy.

Article Produced By
Deb Williams

Freelance Writer – Crypto Enthusiast

I am a freelance writer for the Market Network and crypto/blockchain industry. I'm a strong advocate for technology, progress and freedom of speech and I live for Change. My background is in Sales, …

https://marketnetworks.quora.com/Life-After-Google-Fall-of-Big-Data-The-Rise-of-the-Blockchain-Economy?share=1

David https://markethive.com/david-ogden

Decentralized Identity Systems and the Future of Marketing

What if SSI evolved into more freedom for Content creators and influencers that resulted in an Ad-free blockchain internet?

Instagram stories have become intercepted with Ad-spam,

it’s a pretty terrible user experience. As Facebook seeks to monetize Messenger, WhatsApp and Instagram?—?since Facebook’s flagship app is a dying app; the message is clear. Centralized Ads are polluting the internet. Whatever you believe self-sovereign-identity is, blockchain needs to decentralize identity systems on the internet to ensure consumer privacy, control and freedom.

The Emergence of the Next Web Based on Blockchain

A digital identity that’s accountable to human rights, is that so much to ask? Digital creators and influencers need to have full-rights to their creations just as consumers should have full rights to their data, which they can then barter or sell or trade via tokens with advertising platforms. Facebook and Google’s model is all wrong, it’s the past.

I’m following a lot of crypto projects related to UBI and the decentralized identity systems that reward people better. One of the terms I like the most is called “self-sovereign marketing”, where several startups are looking into creating more fairness in content and referral traffic for influencers in a more transparent way.

Everytime I post on LinkedIn, in the back of my mind I’m wondering why I don’t get paid. On Medium, I can put my articles behind a paywall and make a living wage. Why would I ever post again on Instagram or Twitter without some measurable return on investment? I need social media to work for me. If I have 195,000 followers on LinkedIn, that has to mean something.

Human Rights on the Internet

What people do should matter, and their digital rights not just to privacy, but to empowerment is key for how we build the internet and restart it with blockchain. SSI should not just serve Governments in how they track citizens on centralized blockchains. There must be an aspect of decentralization where the peer-to-peer aspect empowers people globally. Imagine if LinkedIn actually worked that way, and wasn’t just a spin-off of Microsoft? Imagine if Facebook stood for something more than a “family of apps” that is just an advertising machine?

SSI should complement existing advertising and government digital identity systems, just as Bitcoin and over 2,000 digital assets already complements how fiat transactions, investment, trading and assets work. Decentralization is about bringing the internet a new era of freedom, stability and alternatives to what’s not working. Let’s be honest, Google and Facebook should probably be broken up. (We don’t need the inventor of the Internet to tell us that). They are too centralized and have become corrupt.

In a future world of decentralized identity,

consumers will have more rights and advertising and
brands will open up a new era of ethical influencer marketing.

The Sociology of Decentralization

As mistrust of centralized tech companies grows, in proportion the movement towards decentralization syncs with our collective values.

At the same time now you have people like JP Morgan saying they are behind Ethereum. We can only assume the rise of digital assets and a token based economy will herald new options and alternatives for consumers on the next phase of the internet. We can’t stay on Facebook family apps and think it’s okay anymore. Consumers will demand better experiences, just like I as an indie journalist need incentives that motivate me and don’t just exploit me for my creativity.

Decentralization is the Key in How we Transition Past Advertising to the Next WebSelf-sovereign identity platforms need to scale with the future of how the internet will work. Their dApps need to empower consumers where new ecosystems of value can emerge that create more level playing fields.Capitalism without trust and blockchain might have trouble sustaining its value based on the old tricks (like vanity metrics for instance).As Instagram itself becomes saturated with stories that no longer have relevance to our fleeting attention, a new generation of apps will take its place.Many of those will have self-sovereign marketing built into them. This is already happening with many micro-video apps, you just might not be aware of it yet.

Self Sovereign Marketing will scale a new model of advertising

and change the internet forever.SSM will Hardcore Opportunity and Authenticity in the next Era of Social Marketing Advertising just like physical retail, needs to adapt to the values of the new consumer. Decentralization identity systems will augment how consumers participate in the future of advertising. Any blockchain startup that’s pioneering better incentives for these apps is ultimately contributing to the future of self-sovereign identity and self-sovereign marketing, SSI and SSM respectively. One day I’ll do a survey covering the main ones.

In a world of cryptoeconomic freedom, social platforms won’t own our data, we will. We’ll be driven by economic incentives to collaborate and create, in an open-source and permissionless manner where we’ll have unparalleled self-governance to explore our interests and abilities online compared to the enslavement of the internet today. Digital assets are pointing to a new model of how the internet of the future will work.

Article Produced By
Michael K. Spencer

Medium member since Apr 2018

Blockchain Mark Consultant, tech Futurist, prolific writer. WeChat: mikekevinspencer

https://medium.com/futuresin/decentralized-identity-systems-and-the-future-of-marketing-c6e1fde04552

David https://markethive.com/david-ogden