What Is Happening To Our Educational Institutions?
It's becoming the case in university that you need to write for your professor, not for the topic and I'd love to share a startling example from a couple of weeks ago as to why our educational institutions are failing us. A friend of mine in university taking political science had to write a paper favoring socialism and the matriarchy without needing to use references. It genuinely concerns and quite frankly scares me that we could live in a society where the minds of tomorrow are being mistaught so grossly and that academic standards are being abandoned more and more. The next crisis will be on the back of student debt and we continue to push on pretending like this system isn’t a business or that they don’t have a political bias. This is what’s wrong with education today and this is why I skipped my own convocation.
Let me know your thoughts on this and your experiences relating to this in the comments below.
Verasity builds the infrastructure and tools for video publishers to serve rewarded video and loyalty programs to their viewers. Basically, you can earn VRA for watching what you already watch, like how Brave monetizes attention for its users.
Essentially from what I’ve gathered, it’s like Brave, but for videos. Also, it can work on Brave so you can earn BAT and VRA at the same time for anyone who is working with them. Anyone can apply if they publish on many sites like YouTube, Twitch, Vimeo, and more. I hope to see it expand to work with other alternative platforms like BitChute, Minds, BitTube, LBRY, etc. It works on top of any of these videos and just adds a simple little trophy icon that will turn green when you are done allowing you to earn VRA.
I think this is great for users and creators because you can buy a large amount and run a campaign to incentivize full play-through and encourage more viewers to watch and be rewarded for their time at a low cost to the advertiser (for now). You won’t earn an insane amount, but as they grow, and more and more people use it naturally the value will go up and then it will be much more relevant that you had earned some.
After you watch the video and it does turn green and you claim it, you then receive the rewards on your rewards account which is separate from your wallet. You’re earning based on what the advertisers have put up for the campaign which will run until it’s out so naturally, you’ll want to watch what you want to before you miss your chance to earn for it. Below you can see I earned 10 VRA for the video I watched
Watch the full video or check out the blog form here: https://www.minds.com/scottcbusiness/blog/verasity-is-the-best-attention-based-video-rewards-model-1001689319415250944
I think attention-based tokens like VRA and BAT are going to be leading the charge for monetizing your time and attention and empowering both the viewers and the creators. I hope to see more from Verasity and more projects like it!
This is a great similar article written by Blockonomi if you think I missed anything here or you just want another take: https://blockonomi.com/verasity-video-rewards/
Or this great medium article by @CryptoAmie - https://medium.com/@CryptoArnie/video-streaming-on-the-blockchain-the-little-video-player-that-could-ef0f7be64821
Let me know what you think of this in the comments below!
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https://www.youtube.com/watch?v=r7SGqxSyZ8I
There are so many blockchain social platforms out there that are awesome and so many more that are scams, shams, and full of spam. Let’s dive into what you should avoid.
Recently I’d posted on Twitter in response to Whaleshares claiming to be a great blockchain platform saying it was a scam and they wanted proof. While I’m at it I figured I’d cover some other less than honest platforms and or ones you’re better off avoiding entirely. I will also briefly mention some of the platforms that closed down last year.
Also, a quick shoutout to YouTube creators who are struggling with the new changes around commercial viability – check out LBRY, Steem, DTube, Bitchute, Gab, Flote, Cent, Cos.TV, UGetTube, OpenTube, TokenTuber, Minds, Uptrennd, and Sapien.
On top of covering Whaleshares which is the main focus, I will quickly go over Weku’s failure, Bearshares outright resetting everyone’s holdings, and why DLive is a scam and you should avoid it. Here’s one of my main explanations about DLive: https://youtu.be/--ritc7liOw. This is everything I could find. Mind you, this happened over a year ago. Also note that Narrative was essentially a scam and is done: https://youtu.be/-XwkcdugEGQ and recently Hyperspace also closed down.
The rest can be found in blog form:
Steemit: https://steemit.com/dtube/@scottcbusiness/76h4vrz2or5
Publish0x: https://www.publish0x.com/at-scottcbusiness/blockchain-social-platforms-you-should-really-avoid-xvdqkd
Let me know what you think about this in the comments below and don’t forget to subscribe!
Hey everyone! So today I have something really special and cool to share with you! Minds another amazing blockchain social media platform that I've been on for several months is finally launching their "Minds" token and going fully live. I've included the rest of the information on the Steemit blog attached to this: https://steemit.com/cryptocurrency/@scottcbusiness/minds-token-launch-today-earn-for-contributions-or-buy
? You can also follow me on:
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Discord - ScottCBusiness#5242
Minds - https://www.minds.com/scottcbusiness
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https://www.youtube.com/watch?v=e42qVcq6W-4
I recently had the chance to discuss TrustToken with Rafael Cosman who is the CEO and co-founder there. We covered what stablecoins are, the need for them, what they’ve built, and their Defi protocol called TrueFi.
**Video Timestamps:**
*00:00 Intro
00:40 About Rafael
03:10 Stablecoins & Trusttoken
04:40 The Trust Behind Trusttoken
08:33 TrueFi
16:04 Truly Decentralized Finance
20:05 Trusttoken Origins
21:45 Future Of DeFi
23:10 TrueFi Roadmap
27:10 Other Stablecoins
29:25 Next 5 Years
31:45 Outro*
Trusttoken are the makers of the 1st compliant, independently attested digital dollar TUSD and 4 other global fiat-backed stablecoins, and the more recently launched DeFi protocol TrueFi, the deFi protocol for uncollateralized lending. You can earn high yields on stablecoin loans and borrow capital without collateral.
Trusttoken aims to be the money for the new global financial system. TrustToken frees money to move to wherever it creates the most value – instantly.
**These are some of the questions we went over:**
• Can you tell us a little bit about yourself?
• How and when did you originally get into cryptocurrency
• Can you give us a brief introduction to TrustToken?
• What problem does TrustToken solve?
• Why is it important that we have stablecoins at all?
• What makes Trust tokens different from other stablecoins?
• What assets are backing TrustToken stablecoins?
• What role does Defi have to play in cryptocurrency adoption?
• What is the TrueFi protocol and what’s it all about?
• How did TrustToken get its name and what was the original idea or motivation to start it?
• What are the next big updates for TrustToken to release soon or that are in the works?
• Where does TrustToken fit in with other existing similar projects?
• Where do you see TrustToken going in the next year? The next 5 years?
• So where can everyone go to learn more about this?
Check out https://www.trusttoken.com/ for more information and to learn more about what they have to offer. And you can also check out their product Truefi here https://truefi.io/.
What do you think about TrustToken? Will you try out Truefi? Let us know if you have any further questions on TrustToken in the comments below and don’t forget to like and subscribe as well!
**This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else. If you’re not on LBRY, sign up and get started here: https://odysee.com/$/invite/@ScottCBusiness:4**
Congrats to @ddrfr33k who was picked at random to recieve 1000 LBC for my 2000 follower milestone giveaway because he participated in my post titled "Giving Away Over 9,000 LBC!" at https://lbry.tv/@ScottCBusiness:4/free-crypto:c
The next milestone is at 5,000 followers where I'll give away 2,500 LBC so stay tuned and make sure you've followed the instructions on the post linked above.
I had a great interview with Pascal Thellmann one of the cofounders of Bounty0x. There were a few times there were bandwidth issues that made it lag a bit, but it wasn't too impactful. Bounty0x is the easiest and safest way for your business to hold cryptocurrency bounties and hire bounty hunters to complete tasks. It has automated reviews, KYC / AML verification, multiple blockchain support, tiered rewards, bounty tracking, easily distributable rewards, and a ton of exposure.
Website: http://bit.ly/bounty0xlink
I asked him many questions that are laid out below:
• Can you tell us a little bit about yourself?
• How busy are you now / How does your day look?
• What other projects are you working on and could you share a little about them?
• Can you give us a brief introduction to your project?
• What gave you the idea and when did you start it and or begin to discuss the idea?
• What are the next big updates for your platform to release soon or that are in the works?
• What are your thoughts on censorship and free speech with everything that has been happening in the media and on social media?
• Where does your platform fit in with other existing platforms?
• Where do you see your platform going in the next year? The next 5 years?
• What is the current userbase size and how well is the platform growing?
• Will you or any of your team be attending any upcoming crypto or blockchain related events?
• Can you share with everyone where they can go to learn more about this?
Check out the platform for yourself and if you decide to join Bounty0x which is super awesome do it through my referral: https://beta.bounty0x.io/register?referral=07edbb
Let me know in the comments what you think!
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SOLA - https://sola.ai/scottcbusiness
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#bounty0x #cryptocurrency #interview
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https://www.youtube.com/watch?v=W1S3t3l5Okc
I may have previously glossed over the decentralization and censorship components of my favorite platforms. Again I don't want to be unbiased or unfair and I am going to clarify and dive into those concepts a little more. Steem and its alternatives are the best you will get for moderation. It isn't perfect, but it's the best you will get because it won't just radically change. Minds and SOLA can be made much more centralized on a whim at least when it comes to moderation. They are amazing platforms, my best performers even, but they have centralized moderation. Minds is better than SOLA in the sense that SOLA will also police comments and you don't know why they were deleted or who the moderators are and the basis they operate under. On Minds, bans are strictly in relation to illegal activity as deemed so by Unites States law. Nonetheless they are all amazing platforms, I just want you to be more aware of what you are diving into and clear up any discrepancies. I am doing another interview with Bill Ottman, one of the co-founders of Minds to dive into what's been happening there as well where they are taking Minds and improving its integration with the blockchain which I will put out soon!
Thanks so much for viewing this and let me know what you think about all this in the comments below.
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Steem - https://steemit.com/@scottcbusiness
Minds - https://www.minds.com/scottcbusiness
Whaleshares - https://whaleshares.io/@scottcbusiness
Weku - https://deals.weku.io/@scottcbusiness
SOLA - https://sola.ai/scottcbusiness
#blockchain #censorship #freespeech
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https://www.youtube.com/watch?v=K8c_yBUngjA
Centralization is always a concern, but how do you stop it in crypto if it means mass adoption? The only tool we have is education. Let’s talk about the many ways the industry is being centralized and what to do instead.
This is my 544th episode/article. I put a great deal of work into this content so if you find it valuable, please do like, share, comment and subscribe!
Let’s cover all the important crypto news happening lately and over 2022 to get a better view of the increasing acceleration of centralization within the crypto industry.
• FTX + VISA – Visa partners with FTX for prepaid credit cards.
o https://www.cnbc.com/2022/10/07/visa-partners-with-ftx-in-a-bet-that-shoppers-still-want-to-spend-cryptocurrencies-in-a-bear-market.html
• Mastercard + Binance – Mastercard and Binance also partner for prepaid credit cards.
o https://www.forbes.com/sites/billybambrough/2022/08/25/the-future-is-here-visa-mastercard-and-binance-are-suddenly-making-bitcoin-ethereum-xrp-solana-cardano-and-tether-payments-a-reality-despite-price-crash/?sh=3f504e461ae0
• Mastercard + Banks – Mastercard recently partnered with banks to help offer direct crypto trading through Paxos who also manages Paypal leading me to assume it will be very restrictive.
o https://www.cnbc.com/2022/10/17/mastercard-will-help-banks-offer-cryptocurrency-trading.html
• Blockchain IDs in South Korea – Blockchain IDs are the future, but for now it seems they will be mainly used to tax you a lot more.
o https://www.bloomberg.com/news/articles/2022-10-16/south-korea-aims-to-boost-economy-with-digital-id-on-blockchain?leadSource=uverify%20wall
• Google Accepting Crypto – This is a sign bigger authorities are getting on board with crypto and boosting other centralized players like Coinbase & USDC.
o https://www.googlecloudpresscorner.com/2022-10-11-Google-Cloud-and-Coinbase-Launch-New-Strategic-Partnership-to-Drive-Web3-Innovation
o https://dune.com/phabc/usdc-banned-addresses - This is the ban list for USDC. Did you know that to simply check these 88 addresses before every transaction actually makes USDC 40% more expensive than DAI to use?!
https://cryptoslate.com/usdc-blacklist-cost-users-an-extra-3-6-million-per-month/
• Metamask Bank Transfer – This is innovative but it’s trading privacy for convenience by connecting your bank to your private wallet.
o https://consensys.net/blog/metamask/metamask-integrates-with-sardine-to-bring-instant-bank-to-crypto-option-for-u-s-users/
• NFTs on Twitter & Instagram – You can now utilize collectibles on Instagram and you can connect to your wallet to display an NFT profile picture on Twitter. Mass adoption of NFTs is here, but the NFTs themselves aren’t really that great without utility in my opinion. Instead, this is more of a win for Ethereum and crypto in general for finding more ways to adoption. –
o https://about.instagram.com/blog/announcements/instagram-digital-collectibles
o https://www.cnn.com/2022/01/20/tech/twitter-nft-profile-picture/index.html
I believe this will likely be bullish for cryptocurrency in the short term, but in the long term, it will lead more people astray who opt for convenience over security and true ownership which is giving up quite a lot. Our job now is to educate people on why you need to do the extra work of trading crypto where you can withdraw and store it on a wallet that you solely have access to and own.
Stop leaving your crypto on exchanges and platforms. Avoid the temptation to get a crypto VISA or connect to your bank and provide KYC for everything. Even just linking your social accounts to your wallets for NFT clout is another easy way to subtly achieve a “KYC-lite”. Soon you’ll have to also avoid the temptation to buy it with your bank.
Do you see this as a large problem too? Is KYC as bad as I believe? Is this good or bad for crypto in the long run? Let me know what you think about this in the comments below and don’t forget to subscribe!
*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*
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This is my attempt at fully reviewing and going through SoMee.social comprehensively. I do not recommend it for many reasons however, I still use it so I can share my experience using it with you.
00:00 Intro & Disclaimer
02:12 A Few Things To Mention
04:29 ONG Token
04:58 ONG Burn Address
08:38 Website Traffic & Alex Report
12:04 SoMee Platform
17:16 The SoMee Wallet
20:40 Advertising
21:32 Power Up Packages
24:12 Summary
24:35 Questions To Think About
32:20 My Recommendation & Outro
### Disclaimer
Now to be fair and to protect myself, I will state that I am not calling this a scam and that SoMee is a beta even though it’s over 2 years old. Also, they would like me to note that there are many advisors and influencers on their team.
Also, this isn’t about being right or wrong, this is simply my experience using SoMee and everything I don’t agree with.
### My Review
You can earn quite a bit of SoMee points and consequently ONG from posting and curation. For a social media platform that utilizes the blockchain and has crypto monetization, this is a great achievement. It doubles as the start of a good crypto alternative to Facebook. The thing is that to actually claim your earnings, you must spend about $99 USD to verify in order to be able to withdraw your cryptocurrency and cash out or get a discounted verification when you buy a power-up package which is significantly more expensive than just buying ONG and depositing it. By significantly, I mean about 60-80% more based on the time of doing this review in the video. Otherwise, you don’t have full access or control of the funds that you have invested directly, bought via powerup packages, or anything you’ve earned.
While the platform is still in beta, it lacks many fundamental features like muting notifications from the groups you’re in or replying in a comment thread. It’s coming along, but the platform has hardly changed over the last year from my user experience.
*Read the rest of the review on Publish0x: https://www.publish0x.com/at-scottcbusiness/an-honest-review-of-someesocial-xykkjwv
**The official site: http://somee.social**
### Here are the links I covered:
ONG Dev wallet address: https://etherscan.io/address/0x22cb6e40c8aff042afbba53a88869e307f7485d2
ONG Oracle address: https://etherscan.io/address/0xbe3394948b410c6650c7e4761338c547ca0d4f97#tokentxns
The “burned” ONG token address: https://etherscan.io/token/0xd341d1680eeee3255b8c4c75bcce7eb57f144dae?a=0xc38dc1a9bd87c36c370de01ff650eb32d39dfaf1
Alexa Traffic Data: https://www.alexa.com/siteinfo/somee.social
SoMee ONG Token: https://coinmarketcap.com/currencies/ongsocial/
### These are some questions I had and wanted to leave you with:
1. Why does everyone have an absurd amount of Gbucks? It's basically valueless because when ads start, for a very long time there will be no profit made by SoMee.
2. Could swaps be turned off to prevent dumping?
3. Why are spammers getting massive amounts of Gfuel and then able to give out massive upvotes?
4. Why are powerups sold at WAY above market price?
5. Where's the data on 80k active users?
6. Why did you start a Gofundme campaign then cancel it soon after?
7. Why were only a handful of people allowed to use swaps previously and not all verified users?
8. Why were developer wallets and the oracle wallet being drained?
9. If all these people posting low quality content receiving massive payouts per post are allowed to continue doing so, how is that sustainable? Also aren’t these rewards misleading to new users?
10. If 5% of everyone on the platform wanted to withdraw wouldn’t it destroy the platform given the supply is a fractional reserve?
11. Why don’t we have a whitepaper or a roadmap?
12. Will that swap ratio of 1:1:1 GFuel:Somee Points:ONG change?
13. Why is there a 10k daily limit on swaps?
14. Will the token supply increase, and if it does will current holders be diluted, or will they get an even split?
15. If someone blocks you, why can’t you downvote them? This incentivizes you to block everyone who downvotes you for spam, etc. and circumvents any kind of community moderation.
Will you use SoMee? Do you use SoMee? What are your thoughts on this platform and the ONG token? Let me know what you think about this in the comments below and don’t forget to subscribe!
Nothing is above questioning. Oh, and please don’t SueMee. Thank you.
***This is a LBRY first video meaning it shows up on LBRY at least 1 hour ahead of anywhere else.
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