Crypto: Leading The Charge Into The Age Of Abundance
(Edited)
We are seeing a paradigm shift taking place in cryptocurrency. The existing system is amazing at generating wealth. However, the sad part is that those who actually do the work making the companies valuable tend not to share in the value of the company. This is especially true in IPO situations.
In this video I discuss how we are witnessing the emergence of a new model. Now, through tokenization, the ones who are actually involved in the building of the project will benefit from the efforts put therein.
▶️ 3Speak
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Very good video!
We've been on cloud 9 this past week...Seeing all the excitement around social media projects on the blockchain.
Can't wait for LEO's microblogging platform. I think it'll change so much.
But you are right...If you aren't getting excited now, and blaming 'the whales' you aren't paying attention. This is open to ALL of us. What will you build today?
Don't just talk about it, be about it!
Great video man!
Thanks @jongolson. It is vital for all to know they have a part but this is not more of the parasitic economy.
People actually have to come and take action. The key is to create something of value. The offer is there to all of us.
The question is will people do it?
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As you said, the internet messes up every single industry on it's first wave through because people find new ways of doing things. 10 years ago, digital stable coins were not even being considered but now banks are now considering implementing their own so crypto will boon. However, I think crypto projects that develop enticing features will boon so not all crypto currencies will be treated equally.
The mass censorship of information has caused a huge exodus from the traditional platforms but I think only a few of these networks will win in the end. People may use one or two on the side, but ultimately I believe they will settle on one that has 1) friends/contacts they want (tends to be the ones that are most popular) and 2) features of the application.
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It will be interesting to see where people gravitate towards. It is vital to get involved in the discussion. That is why Leofinance is so interesting. We will be at a place, within the next couple months, that puts it in the discussion as a legitimate answer to what is taking place.
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I like your point with the whales. Yes they eat up a lot, but they also give back important amounts for the ones sticking around them.
I've learned to make friends with the whales and accept my status. Fighting the whale concept might lead in missing a lot of opportunities though.
Indeed an era of abundance. It's almost three years since I plunged into content creation and now I'm in about five crypto rewarding streams. I am excited about the next few years ahead, conscious though about the bear market following this bull one.
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Want to venture a guess where you will be in 3 more years? Or where this industry will be?
Exciting times my friend.
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Indeed.
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Summary:
In this video, Task discusses the concept of the Age of Abundance, highlighting the ongoing shift away from scarcity models towards a more inclusive and abundant era. He emphasizes how the cryptocurrency space epitomizes this shift by enabling broader participation in wealth creation compared to traditional financial systems. Task explains how blockchain tokenization can revolutionize funding and profit-sharing in projects, promoting a more community-centric and decentralized approach. He contrasts this with the traditional Wall Street model, where early investors and founders disproportionately benefit. Task underlines the potential for significant wealth creation through emerging projects in the crypto space, emphasizing the transformative impact of tokenization on financial inclusion and abundance.
Detailed Article:
Task starts the video by introducing the Age of Abundance concept, a multi-dimensional era marked by a departure from scarcity towards abundance. He ties this concept to various fields like technology, spirituality, and the Mayan calendar, underlining the transformative nature of the current period. Task asserts that cryptocurrency embodies this shift towards abundance, offering viewers a chance to participate in a significant wealth explosion, unlike the exclusive profiting seen in traditional financial systems.
He delves into the limitations of the Wall Street model, using examples like Airbnb and Uber to illustrate how venture capitalists and founders often disproportionately benefit at the expense of other contributors to a project's success. Task then contrasts this with the potential of blockchain tokenization to democratize profit-sharing and project funding, empowering early adopters and users to play a more active role in the success of initiatives.
Task discusses the essence of community and decentralized networks facilitated by tokenization, allowing for wider participation and shared benefits as projects grow. He emphasizes how tokenization can provide incentive rewards and more inclusive wealth distribution compared to centralized models prevalent in traditional financing. Task highlights the potential for individuals to improve their financial standing through involvement in various projects and the fluidity of success in the crypto space compared to conventional markets.
Furthermore, Task discusses the exponential growth potential in the cryptocurrency market, predicting a considerable market cap expansion in the coming years fueled by NFTs and emerging projects. He cites examples like Uniswap and Sushiswap to illustrate the rapid value creation in the crypto space and the abundance of opportunities available to participants. Task also mentions specific projects like Leo Finance and 3Speak on Hive, highlighting the potential for substantial returns and wealth redistribution in these initiatives.
In conclusion, Task envisions a paradigm shift in the financial landscape driven by blockchain technology and cryptocurrency, enabling a more inclusive and abundant future for participants. He encourages viewers to embrace this transformative period, likening it to past disruptions brought about by the internet in various industries. Task foresees a gradual but inevitable transition towards a more decentralized and community-driven financial ecosystem, where abundance and opportunity are accessible to a larger and more diverse group of individuals.