[1\16]A Psychological walk down #NFT lane. A personal perspective on #NFTs for the sake of #MassAdoption intelligent people should start to pay attention. With new concepts we tend to fragment them outside our context & understanding of human behavior &
[2\16]preference. Why? It’s because we struggle in the beginning to fully understand how this new conceptual technology fits into the paradigm and conceptual framework of human behavior. When something as abstract as an #NFT people have a difficult time comprehending how it
[3\16]might impact human behavior. Many have argued with #NFTs , “you are just owning a JPEG”. The truth is #NFTs don’t allow you to own the content but what they give you is ownership to a Token that is tied to the Artist/Brand and Specific Artwork. This is powerful. I will
[4\16]restate this. #NFTs don’t allow you to own the content but what they give you is ownership to a Token that is tied to the Artist/Brand and Specific Artwork. This token connection allows for an enhanced experience, shared identity, support and loyalty to
[5\16]someone/something/brand that you connect with. Many people support their favorite creators through a myriad of different ways. The powerful part of owning #NFTs tied to items/assets that will play a role in the brand’s experience is all of these things are valuable.
[6\16]They democratize your brand & improve the connection between the creator and audience. It also allows for individual expression. The #NFTs also allow you to own the beginning of in game items/assets of creators who will evolve into a game or character in the Metaverse.
[7\16]This is powerful as you now get to experience the Brand/Artist & the coming alive of your specific Artwork. You get direct access to own the very pieces of which the immersive, interconnected experience of the Metaverse will begin to shape. The Metaverse is a
[8\16]compilation of many different technologies. It’s not one. The power is that Blockchain allows the value/money layer to be decentralized. So currency assets & items/assets represented as #NFTs will be sovereignly owned by the people. The improvement of the human
[9\16]experience comes from autonomy; the ability to have choice, freedom & independence. Many are underestimating these elements as they relate to owning #Crypto , especially in the context of convenience and relativity. Technology takes time to integrate into the lives of
[10\16]many. Due to the high barrier to understanding crypto & the low financial literacy it has gone very slow. This is normal both as the technology improves its UX/UI & the public continue to be further educated on it. The human psychology is not intrinsically designed for
[11\16]delayed gratification. This is why so few save for retirement early. We aren’t wired to buy something today, only to wait for the rewards tomorrow (investing). This is where currency coins/tokens differ from #NFTs. I recommend anyone to purchase an #NFT and observe your
[12\16]internal feeling’s. It may take a few times to grasp but what you will slowly understand is that with #NFTs you experience purchasing/buying something which you receive today, not investing in something you will experience tomorrow. It changes the experience from a
[13\16]money centric experience (coins/tokens currency) to a connection/experience/identity/entertainment (NFTs). The ability to shape a company via #NFTs & really delivering an unparalleled experience to your brand enthusiasts is something unique. The majority of the
[14\16]population are not investors. They consumers and driven by connection/experience/identity/entertainment & the fact one can make money doing the latter & the majority of the population are not going to think they way most early investors do. Joshua Kim communicated, that
[15\16]there was a snowball’s chance in hell we are going to get #MassAdoption without #NFTs & I 100% agree. I initially had hope that people would become intrigued by financial literacy but this is a mere hopeful fantasy of personal projection. The reality is that we must see
[16\16]things the way they R & guide people in the way they are best led to financial freedom. The ability to walk the path as an experience if one chooses high quality Brands via ART, Characters & the encompassing value system: games, movies, comics, events & shared identity🧠
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Timeline in which @BankToTheFuture led by @SimonDixonTwitt who has built a career around “financial inclusion” supposedly & helping smaller guy FAILED to protect interests of $CEL token who raised original money/equity
The $CEL token was a way to give “non-accredited” users access to the upside be it through a vehicle that was listed on #DEX (Decentralized Exchanges). Company pivoted for legal reasons to claim it’s purely a “utility” token & why they never listed on USA exchanges & Filed REG. D
Simon @SimonDixonTwitt & @BankToTheFuture knew this & were salivating 🤤 essentially get to legally claim equity in a business that was 2 years old & it would NOT hold up in the court of law as the $CEL token has no legal claim based on ICO in 2017, screwing the small investor in
I am always impressed with @otisa502 & have had many hour long conversations in the past 1+ year. Very intelligent.
I was very impressed with the hard questions he asked @SimonDixonTwitt not at all impressed with the answers he provided especially considering his confidence $CEL
Also, at no point was @otisa502 trying to defend Alex so stop with the #StockholmSyndrome shame tactics. Also, Otis has a far superior pulse on the Celsius community as a whole. He has been involved with almost all the meetings in community. I have been taken back by how
Poorly @SimonDixonTwitt has communicated with the community, particularly around $CEL token, fueling division but this likely is from not understanding how this has been how the community was so strong. We are were the best asset. Also, @otisa502 rightfully called out
As I have walked through life I have discovered some wisdom. A piece that at first I was resistant too. I grew up in a cult religion. I left the cult religion but I did not leave the light. I simply
$eGLD $CEL $SAITO
(2\31) realize that I was following a conceptual framework of GOD that was of a false deity. At first I looked to write new beliefs over my prior beliefs. This is the common practice of the pathological “positive” psychology I seen being passed around as wisdom. Often times we
(3\31) confuse positivity with happiness. Happiness is not about being blind to the negatives in our environment; it’s about believing we have the power to do something about them. If we simply layer “positive thinking” over faulty belief constructs rather than actually
(1\7) Dan,
There is no accurate or perfect answer to this question. W/ that said let me see if I can help to add perspective. *NFA I would say that Metabonding really allows you to get exposure to early projects that may have a high asymmetrical return. It helps
$eGLD $MEX $LKMEX
(2\7) to increase the diversity of one’s portfolio as well. If there are projects that end up becoming high quality blue chip projects, this helps to reduce your portfolio risk overall. As of now the LKMEX/EGLD LP Farm has a much higher % return than the Metabonding if I am
(3\7) correct. I believe this may be somewhat of an oversimplification as the % is a function of the level of participation in the specific reward system be it Farms or Metabonding, I believe. I think that one has to take into context this piece of information, as the % of
The Executive order of 1933 was when the USA abolished the Gold Standard & entrusted the private entity of the Federal Reserve to maintain the global financial system via monetary policy.This
(3\26) entrusted the Federal Reserve, leveraging the US banking system & US Govt. (Fiscal Policy) to print US dollars out of thin air in just the right amount to keep financial stability.
All wars have always been predicated around resources, money, control & power. The US
1/ Hi @charliemktplace this deals w/ the architecture of Blockchain to understand. On Elrond $eGLD tokens are built into the protocol NOT Smart Contracts. Read that again. Tokens are built into the protocol. This means the tokens are just like the core "Coin" like $ETH or $eGLD
2/On $ETH the tokens are NOT build into the protocol they are in fact (Smart Contracts). The Smart Contract represents the (Tokens - ERC 20) & #NFT's are the same way they are in fact (Smart Contracts - NOT tokens built into the PROTOCOL) (NFT standards: 721 & 1155) on $ETH This
3/ Means that you are exposed to the inherent risks of Smart Contracts that are coded to represent (Tokens ERC-20 or NFT's 721 & 1155). This means that malicious code can be put into a SMART CONTRACT that represents a token or NFT & sent to your Wallet. If you happen to interact