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Wesley Kress, MBA, MSOM © ⚡️

@WesleyBKress

6 Aug

(1\22) One of my more important posts. In my 44 page research paper & investment thesis I discuss DAO’s or (Decentralized Autonomous Organizations): 32prosperity.medium.com/is-elrond-netw… $EGLD $DOT $ALGO $ADA $AVAX $SAITO $LUNA $SOL $MATIC $ATOM $ALGO Explained in detail below & visually👇

(2\22) openly discussed how I believe crypto & blockchain organizational model’s (DAO’s) can change wealth opportunity & distribution. $EGLD $CEL (Visualized) Explained below: All our structures & systems R modeled in Hierarchal Caste Pyramid Enslavement model.This is just one of

(3\22) the reasons wealth inequality accelerates. The biggest contributor is actually the #CantillonEffect which accelerates the most during times of crisis. Why do you think the 2 largest wealth transfers in the history of the world occurred during the 2008 Financial Crisis

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Wesley Kress, MBA, MSOM © ⚡️

@WesleyBKress

5 Aug

(1\21)Media or those w/ limited understanding of how value of networks operate at times make headlines “GOVT or XYZ company can build their own blockchain making everything worthless" This is a logical fallacy $EGLD $DOT $ALGO $ADA $AVAX $SAITO $LUNA $SOL $MATIC $ETH Explained👇

(2\21) This debate is not a new debate when a network with “disruptive technology” has occurred in the past. It’s important to understand that what makes a network valuable is the participants on that network, not only the technology. In fact if you have the best

(3\21) technology but no participants it means you really don’t have much. #Adoption is key. The telephone was not very valuable initially as adoption didn’t happen overnight. Another way to put it is the size of the network (number of participants was limited). Ways in which

Read 22 tweets

Wesley Kress, MBA, MSOM © ⚡️

@WesleyBKress

4 Aug

(1\20) Blockchain & Crypto was to give equitable opportunity to the people. Democratizing Money & Finance. Not to cater to Venture Capitalists or Wealthy. Many talk about this but they are narratives or stories not execution. Time to talk about funding $EGLD $SOL $DOT $ADA $ALGO

@beniaminmincu

(2\20) Elrond Network led by @beniaminmincu @LucianMincu @luciantodea had been in the crypto space since 2013. They invested & worked on many crypto projects which included $DOT $ZIL $XTZ $BAT among many others. They realized none of these crypto projects were the future as

(3\20) they were not solving the bigger problems that would allow for mass adoption. Elrond saw the vision for humanity & how no one was really solving the larger problems. There was much theorizing & lots of money raising but very little substance. What did Elrond do?

Read 21 tweets

Wesley Kress, MBA, MSOM © ⚡️

@WesleyBKress

1 Aug

@ElrondNetwork

1/Before I ever settled on @ElrondNetwork $EGLD I studied the entire space of smart contract Blockchains. Read all white papers multiple times. Trying to understand the trade offs. This was long after I read 100’s of hours on the #ETHOS of Blockchains, the trilemma, & DAO’s $SOL

2/ Organizational structure, leveraging my extensive background in self studied human psychology & behavioral economics along with my more traditional academic background & teaching banking. I knew that because it was a paradigm shift & until I could understand most

3/ projects & technologies, strategies both successful & unsuccessful more importantly recognizing that today’s success was not representative of long term success or survival due to the technological cycle #CrossingTheChasm ie #BinanceSmartChain $BSC Who was building for the now

Read 21 tweets

@WesleyBKress

29 Jul

@ElrondNetwork

(1\31) Why @ElrondNetwork is positioned to be the backbone for #DeFi 2.0 & will lift all tides? 🌊 Many have claimed they would do this, problems or limitations with all proposed or current implemented solutions. Let me explain further.. $EGLD $CEL $ETH $MATIC $AVAX $BSC $SOL

(2\31) It has always been evident the limitations of $ETH in its original form. It can’t scale, so when volume (i.e. traffic) substantially increases it becomes unusable for small users due to high fee’s promoting inequitable

(3\31) opportunity, which is against the #ETHOS of #DeFi & #BlockChain limiting Inclusiveness. $ETH also screeched to a halt due to technological limitations, making it unusable at times (i.e. Crypto Kitties). Both of these center around scalability. Introduce a commit

Read 32 tweets

@WesleyBKress

20 Jul

(1\49) A Personal Memoir Perspective on my path and what I see for #Blockchain & #Crypto for the People?

I grew up in a cult religion. First exposure to mind-control & understanding of how profound belief structures were, due to the intensity of such an environment. $EGLD $CEL

(2\49) Upon reflection, while the magnitude was different much of the belief structures of the world were equally as harmful & deceiving. They could create a social construct that to everyone inside it felt like the most ideal way to live. They could make everyone stop

(3\49) questioning things. None of this felt right to me though. Even at a young age I had a skeptical mind, in part because my body was already sick and I hadn’t been on this earth very long, more on this in a future date but just understand the medical industry is full of

Read 49 tweets

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More from @WesleyBKress

Wesley Kress, MBA, MSOM © ⚡️

Wesley Kress, MBA, MSOM © ⚡️

Wesley Kress, MBA, MSOM © ⚡️

Wesley Kress, MBA, MSOM © ⚡️

Wesley Kress, MBA, MSOM © ⚡️

Wesley Kress, MBA, MSOM © ⚡️

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