Posted on

Understanding Current Macro and Cryptomarkets 📉

Global Marcroeconomics

Let’s start with the big picture.

There has been tremendous reduction of wealth in 2022.  A lot of this has to do with the reversal of easy monetary policy.  In the U.S. the Federal Reserve is withdrawing liquidity and reducing M2 money supply.

MacroCrypto Markets Website Version 2

Across asset classes, there has been no safe place to hide in 2022.  Most asset have negative returns, with the exception of energy stocks and a few value stocks with strong cash flows.  This shows the market sensitivity to discount rates. Some assets with long-maturity cash flows, like tech stocks (NASDAQ) have particularly come under pressure.

MacroCrypto Markets Website Version 3

There is a clear common factor across markets in 2022, which is monetary policy.  The Federal Reserve has been extremely aggressive in tightening.  We believe this is due to a fundamental policy error in 2021.  The Fed was late to recognize the growing inflation problem.

MacroCrypto Markets Website Version 4

Capital will be more scarce as financial conditions are tightened.  We believe that this will be a severe drag on growth.

MacroCrypto Markets Website Version 5

Even before the monetary tightening, growth was slowing.  This will likely transfer in lower cyclical inflation.  However, “supply side” inflation might continue to persist, as monetary policy cannot address these issues.

MacroCrypto Markets Website Version 6

Our view is that inflation will persist above the Fed’s 2% target.  Inflation may have peaked, but will likely remain structurally higher going forward.  We expect roughly 4-5% inflation in 2023.

MacroCrypto Markets Website Version 7

There is a toxic mix emerging for policy makers of high inflation, declining real incomes, and slowing growth.  Consumer confidence has crashed.

MacroCrypto Markets Website Version 8

The employment market has remained relatively strong.  Consumption patterns indicate that the consumer is spending their excess savings from the pandemic and adding more debt.

MacroCrypto Markets Website Version 9

 

 

Here are our takeaways:

.

Global Marcroeconomics

.

——

Posted on

💎 PGF7T crypto info, Web3, NFTs, Dapps 🚀

PGF500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the PGF500 platform.

You will need to have Metamask to pay with PGF7T token.

.

We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

.

We believe in Web3 and in the strength of communities.

.

.

.

The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

.

QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

.

.

🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

.

Price:  PGF7T

.

.

.

.

Our NFTs

.

Enjoy the Journey 🚀

.

PGF500 Team

.

~~~

Posted on

🔴🔴🔴 Why Build in Web3 🎯

Today’s dominant internet platforms are built on aggregating users and user data. As these platforms have grown, so has their ability to provide value — thanks to the power of network effects — which has enabled them to stay ahead.

For example, Facebook’s (now Meta’s) data on user behavior helped it fine-tune its algorithms to a point that its content feed and ad targeting were dramatically better than what competitors could offer. Amazon, meanwhile, has exploited its broad view into customer demand to both optimize delivery logistics and develop its own product lines. And YouTube has built a massive library of videos from a wide array of creators, enabling it to offer viewers content on almost any topic.

In these business models, locking in users and their data is a key source of competitive advantage. As a result, traditional internet platforms typically do not share data even in aggregate — and they make it difficult for users to export their social graphs and other content. So, even if users grow dissatisfied with a given platform, it’s often not worth it to leave.

But all of this might be changing. While it’s hard for newcomers to challenge “Web 2.0” companies like Meta on their own terms, now companies — working in what they’re calling a “Web3” model — are proposing a novel value proposition.

Despite all the public conversations around the metaverse and various hyper-financialized NFT projects, Web3, more than anything, is a fundamentally different approach that some developers have agreed to. It’s based on the premise that there’s an alternative to exploiting users for data to make money — and that instead, building open platforms that share value with users directly will create more value for everyone, including the platform.

In Web3, instead of platforms having full control of the underlying data, users typically own whatever content they have created (such as posts or videos), as well as digital objects they have purchased.

Moreover, these digital assets are typically created according to interoperable standards on public blockchains, instead of being privately hosted on a company’s servers. This makes the assets “portable,” in the sense that a user can, in principle, leave any given platform whenever they want by unplugging from that app and moving — along with their data — to another one.

Why Build in Web3

.

—–

 

Posted on

đź“ŤA Business Model for the Blockchain Web đź’Ąđź’Ąđź’Ą

Royalty-integrated equity (RIE) is a form of equity that the blockchain enables which addresses both shifting business incentives away from pure profits and growth, and also can create a more accessible form of capital ownership.

Simply put, RIE is a fungible token that integrates royalty payments on transfer. In other words, RIE creates shares of stock in companies that can pay small royalty fees back to their respective companies when they are traded. How does this work?

Currently, there is a standard for NFTs to be built with royalties: a function in their smart contracts that pay back small percentages to the original creators. This could be implemented in cryptocurrency tokens, taking the royalty from the payment for transferring the tokens. So when a token is traded on an exchange, a small fee is paid back to the token issuer (and likely the exchange).

With RIE, buying shares in a company would mean not just investing in that company’s stock, but sending money directly to them in the process.

Previously, I wrote about the Blockchain Web, a concept for applying blockchain to improve current internet services. This sequel models an alternate vision of monetization and financial success for businesses in the Blockchain Web, leveraging the new technology.

Notably, this does not include DeFi solutions, but rather follows a different line of economic incentives. I’ll discuss the current economic environment and the alternate vision from web3. With these in mind, we can look at how a new form of equity—combining aspects of current company equity and the emerging tokenomics—can shift incentives to more stable, useful and better distributed outcomes.

Today’s Economic Model

The internet business model is as capitalist as it gets, with a severe prejudice for growth over anything else, be it in user numbers, usage statistics, or profits. This is demonstrated in companies like Facebook or Apple being measured by their growth in usage and ad revenues. In The Nature and Logic of Capitalism, Robert L. Heilbroner points out how central to capitalism is “the use of wealth in various concrete forms, not as an end in itself, but as a means for gathering more wealth.” As the internet companies follow this constant drive for more and to be bigger, they dominate: Big Tech has become the oligarchical ruling class of the internet ecosystem.

Heilbroner describes how this affects dynamics of the members within this ecosystem:

.

A Business Model for the Blockchain Web

.

—–

Posted on

🚀 How Digital Currencies Can Help Small Businesses | Harvard Business Review

Small businesses have largely been ignored during the debate over digital currencies, even though they’re a hugely significant part of the U.S. economy and have much to gain from cheaper, more efficient payment systems.

.

These businesses work with small margins, have less bargaining power than large companies, and suffer from cash flow problems as they wait to be paid for goods and services.

.

Stablecoins and central bank digital currencies can help.

.

These technologies can reduce payment processing costs, allowing small businesses to keep more of what they earn, and significantly accelerate how quickly they get paid.

.

This could drastically improve small businesses’ liquidity and cash buffers, and help them survive negative economic shocks and thrive.

.

How Digital Currencies Can Help Small Businesses

.

—-

Posted on

đź”° New Business Models, Web3 and 9 Technologies đź”´đź”´đź”´

Web3

.

.

The 10 converging technologies that are changing everything:

.

1. Artificial Intelligence

2. Augmented Reality

3. Virtual Reality

4. 3D Printing

5. Internet of Things

6. Robotics

7. Quantum Computing

8. Gene Editing

9. Materials Science

10. Blockchain Technology & Web3

.

By 2030, ten powerful converging technologies will entirely transform how you think, work and live.

.

Here’s what you need to know

.

—–

Posted on

🔶 Y Combinator: Advice for Companies With Less Than 1 Year of Runway. Cash Burn, Decision Making, Staying Alive

Let’s imagine that you are the founder of a company that has successfully raised an angel or institutional round and are currently in a situation where you have 12 months or less of runway.

The hardest part of dealing with a low runway situation is managing your own psychology. You have to simultaneously manage your own anxiety to not be overly negative about your prospects, but also not be irrationally positive. It’s a delicate balance.

The first step is to understand exactly how much cash and runway you have.

Before reading further, make sure you have read both The Fatal Pinch and Default Alive or Default Dead.

If you are Default Dead then it is your responsibility as a founder to immediately take actions to become Default Alive. The mechanisms by which you can move from Default Dead to Default Alive are straightforward: Either you need to grow revenue more quickly, cut costs, or both.

.

Advice for Companies With Less Than 1 Year of Runway

.

——

Posted on

🔥🔥🔥 Why Build in Web3

Today’s dominant internet platforms are built on aggregating users and user data. As these platforms have grown, so has their ability to provide value — thanks to the power of network effects — which has enabled them to stay ahead.

For example, Facebook’s (now Meta’s) data on user behavior helped it fine-tune its algorithms to a point that its content feed and ad targeting were dramatically better than what competitors could offer. Amazon, meanwhile, has exploited its broad view into customer demand to both optimize delivery logistics and develop its own product lines. And YouTube has built a massive library of videos from a wide array of creators, enabling it to offer viewers content on almost any topic.

In these business models, locking in users and their data is a key source of competitive advantage. As a result, traditional internet platforms typically do not share data even in aggregate — and they make it difficult for users to export their social graphs and other content. So, even if users grow dissatisfied with a given platform, it’s often not worth it to leave.

But all of this might be changing. While it’s hard for newcomers to challenge “Web 2.0” companies like Meta on their own terms, now companies — working in what they’re calling a “Web3” model — are proposing a novel value proposition. Despite all the public conversations around the metaverse and various hyper-financialized NFT projects, Web3, more than anything, is a fundamentally different approach that some developers have agreed to. It’s based on the premise that there’s an alternative to exploiting users for data to make money — and that instead, building open platforms that share value with users directly will create more value for everyone, including the platform.

In Web3, instead of platforms having full control of the underlying data, users typically own whatever content they have created (such as posts or videos), as well as digital objects they have purchased. Moreover, these digital assets are typically created according to interoperable standards on public blockchains, instead of being privately hosted on a company’s servers. This makes the assets “portable,” in the sense that a user can, in principle, leave any given platform whenever they want by unplugging from that app and moving — along with their data — to another one.

Why Build in Web3

.

—–