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 to Survive a Crypto Bear Market ✅

To beat the bear, you have to think like the bear. Here’s how…

.

Dear Bankless Nation,

If this is your first bear market, you’re probably fighting the urge to bury your head in the sand and wish that it all just goes away.

Don’t do that!

There’s a lot to be gained from engaging with Web3 in times like these — you just have to adjust your perspective.

Today, Frogmonkee offers up strategies for beginner, intermediate, and advanced crypto traders that will have you best positioned for the next bull market.

We’ve also got some words of wisdom on how to keep your mind focused.

Remember: To beat the bear, you have to think like the bear.

Let’s do it together.

.

– Bankless

.

—–

First things first: are we in a bear market?

Let’s get our basic definitions aligned. Let’s consider the definition offered by our old friend Investopedia:

“A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.” – Investopedia

Okay, we have questions: What are “prolonged price declines?” How is “pessimism and negative inventor sentiment” defined? “20%” drops? That’s a bad Tuesday in crypto. In 2018, the market experienced drawbacks of 80% or more. Okay, so let’s try another way…

.

David put it well when he wrote:

“Instead of trying to categorize recent price action as a bear market or not, ask yourself, does this feel like a bear market? If yes, then act accordingly. If not, then act accordingly.” – 5 reasons to be excited for the bear market

In my degen niche of crypto, I’ve noticed a tangible retraction in enthusiasm. Fewer people are apeing into new NFT projects or taking risks with small-cap tokens, while more are converting their tokens into ETH/BTC or stables.

A quick look at the market shows we’re far, far down from ATHs. According to CMC, crypto’s market cap peaked back in early November at just under $3T. As of writing, crypto sits at roughly $1.25T.

That’s a 58% fall over the span of 7 months.

Even after accounting for crypto’s volatility, we’re still looking at three times the drawdown from the 20% heuristic.

….

….

….

Evaluating your risk profile

Before we dive into any strategies, I want to first talk about risk profiles. A risk profile is a tool that investors use to identify if a particular investment falls within their appetite for risk. Here are some high-level examples:

.

Aggressive Risk Profile

  • Mostly small cap tokens, some BTC and ETH, no stables.

  • Willing to use protocols that have not been audited

  • Invests across dozens of different projects

.

Moderate Risk Profile

  • Majority BTC and ETH, some stablecoins, and some small cap tokens

  • Stakes in higher yield pools, but is determined to understand the protocol first

  • Uses a small percentage of portfolio to ape into projects

.

Conservative Risk Profile

  • Entirely BTC, ETH, and stables

  • Stables are parked in a Compound market earning low single digit yields

  • Does not keep more than 5-10% net worth in crypto

.

Having a risk profile in mind will frame what types of investments you pursue in general. For a bear market, I’d recommend between a conservative to moderate risk profile as more aggressive risk profiles benefit from market manias indicative of bull markets.

.

. 

A few Sample portfolios for the bear market:

• Figure out your balance: stables, low risk, medium risk, & high-risk plays.

• Then decide on Projects. I created a few sample portfolios for you to look at. (education, not financial advice )

.

How to Survive a Crypto Bear Market

.

.

——

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

đź’Ąđź’Ąđź’Ą The Fundraising Wisdom That Helped Our Founders Raise $18B in Follow-On Capital

Two years, our team at First Round, led by partners Bill Trenchard and Brett Berson, began to quietly build out a program to help our founders navigate the choppy waters of follow-on fundraising.

Long had we observed founders caught off guard by what was needed to raise their Series A after having a relatively easy time at the seed stage (only further exacerbated by an influx of seed funding in the market).

All together, we have immense knowledge in fundraising that we’ve accrued witnessing our companies raise over 1,000 rounds and $18 billion in follow-on funding. It’s possible for startup founders to know more about almost every facet of company-building, but fundraising is one area where we’ll always be able to offer more experience.

.

Realizing how well positioned we were to help, we built a program called Pitch Assist — a four to six week bootcamp for our startups that are getting ready to raise follow-on capital. At the end of the program, they emerge with a well-designed deck, a strong narrative, and a clear strategy for how to approach the fundraising process.

Unlike normal fundraising advice, Pitch Assist is an immersive program where we advise, build presentations and rehearse side-by-side with First Round founders. Trenchard, in particular, has experience on both sides of the table, having started and fundraised for 5 companies before joining the firm.

.

What follows is an inside look at how we run the Pitch Assist program, and what startups everywhere can apply from what we’ve learned helping create fundraising pitches and processes for over 10 years.

.

FIRST, FIX YOUR TIMELINE

Given the cyclical nature of tech and venture, there are distinctly good and bad times to raise capital. “Avoid August, the second half of November and December, when many venture firms slow down.

The year-end holidays and summer dog days are dead zones for fundraising, so why set yourself for an uphill process? July can be slow, too. You can finish your fundraising process in late July — just don’t start it then,” says Trenchard.

.

The Fundraising Wisdom That Helped Our Founders Raise $18B in Follow-On Capital

.

First Round Review

.

—–

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

🔥 Fed, Inflation, Interest Rates, Quantitative Tightening 📉

Fed money printer goes into reverse: What does it mean for crypto?

.

What will happen to the crypto markets when quantitative tightening takes full effect and the Federal Reserve shelves the money printer?

.

The United States Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called quantitative tightening (QT).

.

Analysts from a crypto exchange and financial investment firm have conflicting opinions about whether QT, starting on Wednesday, will put an end to a decade of unprecedented growth across crypto markets.

.

Laypeople can consider QT the opposite of quantitative easing (QE), or money printing, which the Fed has been engaged in since the start of the COVID-19 pandemic in 2020. Under QE conditions, more money is created and distributed while the Fed adds bonds and other treasury instruments to its balance sheet.

.

The Fed plans on shrinking its balance sheet by $47.5 billion per month for the next three months. In September of this year, it plans on a $95 billion reduction. It aims to see its balance sheet reduced by $7.6 trillion by the end of 2023.

.

Fed money printer goes into reverse: What does it mean for crypto?

.

—–

 

 

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

💵 The State of U.S. Early-Stage Venture and Startups: 1Q22 🚀

The State of U.S. Early-Stage Venture & Startups: 1Q22

.

Early-stage VC performance remained elevated despite economic headwinds.

.

  • 1Q22 was the most active first quarter ever on AngelList in terms of fundraises and exits.

  • Of the startups that changed their share price in 1Q22, 83% saw that share price increase.

  • Median valuations increased at every stage over 4Q21.

  • Web3 startups captured the largest share of deal volume and capital deployed in 1Q22.

  • 20% of all capital deployed went to female founders in 1Q22..

.

AngelList Venture

.

 

.

—–

 

Posted on

💎💎💎 PGF7T crypto info, Web3, NFTs, Dapps, Ownership, ENS 🚀

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

.

~~~