PRESS RELEASE: CEO Of Markethive Now The CTO

The Divine mission of Markethive, the blockchain-driven social market network, conceptualized by the architect and founder Thomas Prendergast forges ahead. In preparation for the coming wallet, the entire engineering department has been reorganized.

SHERIDAN, Wyo. – Sept. 10, 2021CEO and Founder of Markethive, Thomas Prendergast, announced today he has officially taken on the role of Chief Technology Officer.

Mr. Prendergast stated that "the decision for this direction was of significant importance to ensuring expediency and efficiency. Markethive’s priority and focus are on streamlining its task force of prominent engineers to enable fluent and speedier communication, thereby increasing productivity”

Thomas Prendergast also said that he had "embraced the responsibilities of the CTO position in keeping with the Divine vision of Markethive. The action will expedite plans for the release of the wallet and exchange”. 

Annette Schwindt, Co-founder and System Analyst of Markethive, stated,

“Markethive has been in operation as a social media and inbound marketing platform since 2015. The company is a strong advocate for the self-sovereignty of its members. With the advent of blockchain, Markethive scaled up its operations to integrate distributed ledger technology and its native cryptocurrency in 2018. It has since relocated to sovereign servers, away from AWS and Cloudflare, creating an autonomous ecosystem for all entrepreneurs.”

“Another political development has clearly put Markethive into prominence,” Thomas Prendergast added.” and that is it has become clear that the elite and the Biden administration particularly, have unveiled their attacks on the small business and entrepreneurs and the crypto industry. This attack is increasing in intensity and occurring globally. Markethive’s part in this is to ensure our members the right to not only publish on our platform unfettered but to experience the massive ability for your posts to be broadcast across the entire planet”.

 Annette further exclaimed, “We have built Markethive for just a time like this!”

 

Thomas Prendergast CEO
https://markethive.com

 

Chris Corey

MARKETHIVE MISSION STATEMENT

MARKETHIVE MISSION STATEMENT 

Markethive’s Divine Mission And Vision Statement – 2021

The Divine mission of Markethive, the blockchain-driven social market network, was developed to fill the vacuum for the world's entrepreneurs. 

In an era where entrepreneurs are coming under fire and free speech is threatened, the Markethive system of powerful broadcasting and marketing tools was developed for entrepreneurs to give them a solid platform to build their sovereignty and freedom.

In Markethive, your posts aren’t deleted; they’re broadcasted.

Markethive’s commitment is to uplift our expansive community and bring forth the entrepreneurial spirit within each individual. Integrity, transparency, freedom of speech, privacy, and autonomy are inherent in our code of ethics. 

Markethive aims to continue at the forefront of emerging technology, delivering a decentralized and dynamic ecosystem, enhancing the experience of all users. (UX)

Markethive’s Divine Vision is to empower and enrich the lives of every individual and humanity on every level across the globe.

 

Welcome to Markethive

 


 

Chris Corey

What the Church Needs to Know about Covid-19

What the Church Needs to Know about Covid-19

And What to Do About It

Dear Pastor or Father,

This might be one of the most important and timely things you’ve ever read. If you take the time to read it, and then you disagree, I’ll reimburse you for your time. I’m not joking.

I’m an attorney. Don’t hate me for it! I’ll suddenly be your best friend on the day you need me, don’t worry. I only mention it because I am a litigating attorney and everything I cite in this article will be something I can prove in court. Most of the data comes from the CDC, the NIH, the FDA, other state agencies, or major American newspapers. No conspiracy theories. I don’t truck in conspiracy theory because, by definition, they’re unprovable.

God gave me a message to give you:

When the Church wakes up, this will all be over.

But if the Church DOESN’T wake up, this will BE all over.

The fact that I don’t have to tell you what “this” is speaks volumes. Let’s get started.

What You Don’t Know About Covid-19

  1. We are now at the lowest point of mortality since the pandemic began.

    2. The CDC’s weekly U.S. mortality dashboard reports that deaths are at the lowest weekly point since March 2020:

     

    You didn’t know that, did you? With the “Delta variant” raging and all that. You probably thought that mortality was through the roof. It’s not.*

    (*August 31, 2021 Update: alert readers have pointed out that the mortality numbers are creeping up again since the chart above was screen-grabbed off the CDC’s website. This probably reflects that the summer wave of Covid is peaking in the southern states and just starting in the northern states. It doesn’t change the point, which is that all during the delta-hysteria period, mortality has been scraping the bottom. If we track Israel’s experience, which it appears certain we will, mortality may increase further, especially in vaccinated populations.)

    3. Pediatric mortality from Covid in Florida is below flu levels. For all of 2020, there were 22 pediatric deaths from influenza in Florida. For all of 2020 and 2021 combined, there have only been 15 pediatric deaths from Covid-19:

    There are other risks like drowning, or suffocation, that are much more significant for kids than Covid-19. In fact, Covid-19 is the least likely cause of death for kids in the United States:

    4. We are probably well over the summer peak already, at least in southern states like Florida. Northern states probably still have their seasonal fall wave coming. The Harvard/Yale “R-naught” dashboard reports that Florida’s score is in the mid-70’s. R-naught, or “R0,” is the measure of how infectious the virus is. If the R0 is 1, then one infected person in turn infects one other person, and the virus is stable. If the R0 is 2, then one infected person in turn infects two other persons, and the virus is spreading. Here’s the latest dashboard for my county in Florida, in the midst of “Delta variant” hysteria:

     

    You can see where it peaked at around 1.7 in July, but is now down to 0.74. Note the language in the description: “It it’s below 1.0, COVID-19 cases will decrease in the near future.”

    Here’s where things start to get difficult. In early August — this month — the CDC announced ominously that Covid-19’s R0 was “the same as chicken pox.” Chicken pox has an R0 of 10.0 — one of the highest recorded viral R0’s of any virus, ever recorded. This was such a bizarre and blatant distortion of reality that even NPR had to call out the CDC:

     

    So keep this question in mind: If we can’t count on the CDC for accurate information, then who can we count on?

    5. We now know that the vaccine immunity is NOT long-lasting. It’s short-lasting. Even Pfizer and Moderna say so. Dr. Fauci just announced that boosters might be needed every five months:

    Every five months. Wow. That’s not very long. And we haven’t known about this short-lasting vaccine problem for very long, either. Just since early this month, in fact:

    Three weeks ago the U.S. government was calling for booster shots every eight months. Last week they shortened it to every six months. Now it’s at five months. We’ve lost three months of protection in two weeks. But even worse, in countries that are far ahead of us in vaccination rate, vaccinated people are getting serious Covid-19 in large numbers:

    Oddly, Covid-19 infections in Israel (80% vaccinated) are spiking, while Covid-19 infections in the neighboring Palestinian territory (11% vaccinated) are flat:

    6. But we have also learned that natural immunity IS long-lasting. Many scientists predicted this, but the CDC initially rejected the idea. In February, 2021, Dr. Fauci said that vaccine-induced immunity was “longer, broader, and more durable than natural immunity.” But now we know that vaccine immunity wanes quickly, and has to be refreshed as often as every five months. But on the other hand, natural immunity is looking very long-lasting:

    What does this mean? We should be focusing on a strategy to protect vulnerable people by sheltering them, while letting the healthy population get through Covid-19 as quickly as possible, treating them for serious cases. Maybe boosting everyone with a brand-new vaccine for the rest of their lives is not the best strategy. Just saying.

    7. Vaccines were sold to us on the theory we’d use them to get to “herd immunity.” But that ship has now sailed and fallen off the edge of the Earth. In late 2020, Fauci, the CDC, and large news agencies were all telling us that the vaccines would help us reach herd immunity, where the virus has nowhere to go because so many people have been immunized:

    Whoops. Since we now know that vaccinated people can still get and transmit the infection, there is no way we can ever reach herd immunity through the vaccine:

    Back in March of this year, CDC Director Rochelle Walenskey said:

    The data suggests that vaccinated people do not carry the virus.

    But this month, on August 6, she told Wolf Blitzer:

    Our vaccines are working exceptionally well, they continue to work well for delta with regard to severe illness and death, they prevent it, but what they can’t do anymore is prevent transmission.

    They can’t prevent transmission of the virus. Can’t. No herd immunity.

    At this point, you might be wondering, what IS the plan now? What ARE we trying to accomplish with the vaccines? Jabbing people every few months forever? I am concerned that there IS NO PLAN now. No plan except to continue doing what isn’t working. And you know what they call that.

    8. It’s even worse than that. The Covid vaccines are leaky. Leaky vaccines make viruses mutate faster and become more deadly. A “leaky” vaccine is one that provides some health benefits but doesn’t immunize the patient. So the virus can keep living inside the vaccinated person, and mutating. It mutates to try to “escape” the vaccine’s limited protection. Take a look at what one recent study says about leaky vaccines.

    We have known for some time that leaky vaccines push viruses to mutate faster:

    9. Forget about mutations. Because the vaccines are leaky, and because animals can catch Covid-19, we can NEVER get rid of it. Never. In early August a new study of white-tailed deer, which live in 49 states in the U.S., showed that almost half (40%) of them had Covid-19 antibodies. Almost HALF:

    We now know of up to 20 species of animals that can catch the virus, including household cats and dogs. The technical terminology for this phenomenon is that the Covid-19 virus has an “animal reservoir.”

    Even if we could vaccinate every single man, woman, and child in the world all on the same day, we still couldn’t get rid of Covid. The animals would re-infect us. And you can’t vaccinate the animals, because they don’t respond to shaming or threats of loss of employment.

    What does all this mean?

    It means this:

  2. Vaccinated folks are probably driving most mutations, not unvaccinated.
  3. Natural immunity is far longer, broader, and more durable than vaccine-induced immunity.
  4. Vaccination will not stop infections or create herd immunity.
  5. Covid cannot be eradicated because of Animal Reservoirs.
  6. Covid is here to stay.
  7. And it’s because last year I got into the crosshairs, just as He was directing me, in spite of all my fears and anxieties. I’ve never been a public figure, not ever. But I put it all on the altar. And He has blessed me beyond imagination and given me this platform.

    Pastor, this is your time. This is your chance. To be NOT LUKEWARM. You are a wartime pastor and I pray that you, like me, will rise and answer the call.

    Yours in faith,

    Jeff Childers, August 2021

    And the Israel experience suggests that, as we increase vaccinations, serious hospitalizations are going to spike here, too. We have a “complicated” future coming soon. What are you going to do about it?

    There is a demonic spirit of fear suffocating the Earth. You know I’m right.

    The Spirit of Fear is destroying relationships and tearing the Church apart. Unvaccinated grandparents are being told by their children that they can’t see their grand kids and not to come around. Bizarrely, vaccinated members of your church are fearful and distrusting of their unvaccinated brothers and sisters. But Christians, in particular, are not supposed to fear. We’ll get to that in a minute.

    Where is all this fear coming from? Here’s a recent cover from Newsweek:

    The “Doomsday Variant.” Doomsday! It asks, “How worried should we be?” HOW worried. Not “Should we be worried?” Worry is presumed. But when you read the article, it admits there is no doomsday variant. It says that experts “can’t rule it out.” It’s just speculation. It might have been helpful to mention that on the cover, don’t you think?

    Anyway, I disagree. There IS a doomsday variant. The doomsday variant is fear.

    This Spirit of Fear has caused a tsunami of worldwide terror:

    In a huge study, just published, of FIVE MILLION Covid-19 patients, guess what is now tied for first place as the most likely predictor of mortality once someone goes in the hospital?

    Number one used to be obesity. No surprise there. But guess what has crept up the charts, and is now tied for number one, with obesity? Fear and anxiety related disorders:

    So, your risk of dying if you are hospitalized with Covid is +30% if you’re obese and +28% if you have any “anxiety and fear-related disorders.” Those disorders weren’t even on the list a year ago. I predict they will take first place soon, if they haven’t already. In other words, I expect fear and anxiety disorders to soon be the NUMBER ONE predictor of mortality if a person is hospitalized with Covid-19.

    The Spirit of Fear is literally killing people.

    The scientific literature is BLOWING UP with fear and anxiety-related issues.

    Worst of all? The children may be the largest single group of victims of the Spirit of Fear:

    Clinically-elevated symptoms of pediatric depression. Clinical levels. In 25% of kids. Think about that for a minute. Kids are wondering what they have to live for. And nobody’s giving them spiritual counseling or — most importantly—hope.

    Only fifteen children have died from Covid in Florida in a year and a half. But a quarter of them are suffering from clinical levels of fear and depression. Think about that. That is a spiritual problem, not a medical problem. If only we had an organization devoted to tackling spiritual problems. Let me know if you think of one.

    The hospitals are filling up with people who are experiencing life-threatening levels of anxiety. Here’s one example I received recently from a doctor in the largest hospital chain in Massachusetts:

    Unprecedented demand for procedural and acute mental and behavioral health servicesUnprecedented. In other words, it’s never happened before.

    Here’s the thing. A Spirit of Fear is a SPIRITUAL PROBLEM. It’s not a medical problem. It’s not a biological problem. It’s not a political problem. And it’s not a scientific problem. It’s a spiritual problem.

    If only we had some kind of worldwide organization that was devoted to addressing spiritual problems. We sure could use something like that, for a time like this.

    Jesus told us not to fear. Anything. Ever.

    Phillippians 4:4–7

    So park that idea for a moment. The Spirit of Fear isn’t just tearing families and congregations apart. There is a major disconnect between the pulpit and the pew:

    I’ve already shown you that the vaccines are becoming more questionable by the minute. But a lot of pastors and priests are still pushing the shot from the pulpit. This is increasing fear, not addressing it. A lot of your members don’t want the shot, don’t trust the ungodly people pushing it, and can’t get even their most basic questions answered by anyone in authority. They are coming to the Church for spiritual comfort and leadership and they aren’t getting it.

    You want a recipe for making the Church irrelevant? This is it, on steroids. Pastors, I love you, you are my brothers, but if I hear one more sermon about five takeaways from the Book of Nehemiah while a Spirit of Fear is crushing the Church, I think I might lose my mind.

    The Pastor is talking about how the Exodus compares to my marriage relationship, and I’m looking around the church and seeing people who are terrified they are going to lose their jobs because they won’t take the vaccine. Parents who are frantic because they promised their kids there would be no more masks this year and now must break those solemn promises. People with chronic health problems who are terrified the hospitals will stop treating them just because they won’t get the jab. Others who are scared because they did get the jab but are now hearing they have to take boosters all the time or they can still catch Covid. Which they were promised would not happen.

    And, meanwhile, just what are you telling all those people seeking spiritual counseling and comfort in your church about all those spiritual and practical fears? Nothing, that’s what. Why not? I’m not sure, but I think it’s because you’re scared too. Scared to take a position. Scared to speak out. The Spirit of Fear is crushing you.

    The Church is ASLEEP! WAKE UP!!

    Take a look at the web pages of mainstream Christian magazines. There’s nothing helpful about dealing with Covid-19 and the Spirit of Fear. Not one thing.

    Wow. Top article is about medical marijuana. During a pandemic of fear that is literally killing us and tearing the Church apart. And that one article about Covid saying churches shouldn’t write exemption notes isn’t too helpful to alleviate terrified members’ worries about losing their jobs, is it? I’m guessing reading something like that makes folks more terrified.

    Great job, Christianity Today.

    Here’s the one article in the front page of the Christian Post.

    There’s not even anything about Covid close to the top. You have to scroll down the screen to find it:

    The “Post-Covid-19 Workplace?” Really? Is the Christian Post in a different dimension in the multi-verse? Could they possibly get any more disconnected and irrelevant? That’s an honest question. We’re not post-anything. Not even close. We’re just getting started.

    The world is on fire! Wake up, Christian Post! Vaccine mandates are erupting worldwide and people don’t like it. They are terrified:

    Meanwhile, WHERE IS THE CHURCH?? Oh, they are being so, so careful to toe the government’s line, so they don’t get shut down:

    What’s the government’s advice to the Church?

    Why is the Church scared of these ungodly men? Why? That’s not what our Savior said we should be:

    DO NOT FEAR THOSE WHO CAN KILL THE BODY. FEAR HIM WHO CAN DESTROY BOTH SOUL AND BODY IN HELL. Come on, Pastors! Wake up! Stop fearing and cow-towing to these petty dictators!

    You might be thinking, but what SHOULD I be doing? I’m glad you asked.

    We need our pastors and priests to get some guts. There might not be a lot of time left. It feels like we’re in the last five minutes of the fourth quarter, and we just realized that we were playing football.

    Have you seen all these great Youtube videos of moms, down at the school board, tearing those officials a new one?

    Now, that is some entertaining YouTube material right there, am I right? Good stuff.

    But here’s my first question: Where are the MEN?

    Yeah. They’re nowhere to be seen. Why? Because they’re afraid. If they stand up and stand out, they’ll get cancelled, fired, shamed.

    Okay. Here’s my next question: Where are these moms’ brothers and sisters from the church? Why aren’t their brothers and sisters down there at the School Board supporting these moms? Huh. I guess we don’t support each other anymore. My bad.

    My last, and most important, question: WHERE ARE THE PASTORS??

    Pastors, why aren’t YOU down there at the school board supporting your moms? I thought the kids were the future of the Church and all that? Or is that just a marketing slogan? You want the kids to come to the Church, but you won’t go down to the school board and fight for them. Does that seem fair to you?

    How about Critical Race Theory, pastor? They are teaching kids that the Church is racist. Do you have any problem with that? Do you think it is good? Just? Virtuous? Do you think things are going to work out well for the Church if that goes on for very long? Are you waiting for the women to fix it for you?

    Shame on you.

    Pastor, I love you, but you have lost your way.

    Okay. That was some tough love. What does finding your way look like?

    We have to start fighting the Spirit of Fear. The Spirit of Fear has to be vanquished from the Church before it can be defeated in the World. You must start at home. You have to immediately start talking about these issues and pointing out the ungodliness and the fearful spirits and encouraging people.

    You have to start leading.

    I know, I know. But Jeff, you ask, how do I know what to say? There’s so much misinformation out there. How do I know what is right and what is wrong?

    Pastor, I don’t know what to tell you. If only there were some kind of omniscient source of wisdom somewhere that we could tap into. That would be helpful, right? Let’s look around, and see if we can come up with something.

    The Church must immediately become relevant. The only thing people are thinking about right now is Covid. All the problems I’ve already named plus unimaginable fears about what’s coming next. And that’s all you should be talking about, too. All the time. Every day.

    But Jeff, you say, I only have them for a few hours on Sunday. Then the world gets them the rest of the time. So I feel like it’s hopeless, there’s nothing I can do.

    Pastor, PLEASE. That’s the Spirit of Fear talking. You still aren’t getting the idea, are you? If you’ll go down to the School Board and deliver a fiery sermon, someone will record it, and you’ll be on YouTube and get a MILLION VIEWS. You have to get out of the Church. Go to where the people are.

    GET OUT OF THE SAFE COMFY CHURCH! GET INTO THE WORLD! DO IT NOW! You have to start publicly pushing back against government overreach, ungodly men, evil, and attacks on people’s freedoms. Why? If you can’t think of a godly reason, how about self-preservation? Once the other freedoms are lost, what do you think will happen to religious freedom? They’ve already shown they are willing to shut your Church and leave the bars, marijuana dispensaries, and strip clubs open. Fight it now before it gets any stronger.

    Pastor, what exactly are you waiting for? An invitation? A sign? THIS is your sign. THIS is the message you’ve been waiting for. Now stop waiting and start acting. God has given you pastors the greatest shield and talent that he’s ever given any ordinary class of human beings.

    People — critics— say about me, all the time, “don’t listen to that guy. He’s just a lawyer.” So let me talk to you as a lawyer.

    You are protected by the First Amendment of the Constitution better than any other citizen. There are more 9–0 Supreme Court decisions in favor of religious liberty than any other issue. They will come for you last. You can say just about anything with impunity. They can’t officially touch you. They might send thugs to threaten and intimidate you, but if many of you are activated, they won’t bother. And if you organize your church, you can resist the thugs anyway. That strategy only works to silence the one or two vocal pastors who pop up here and there. If there is a large group, there’s no point.

    So, pastor, what are you doing with this awesome First Amendment talent that God has bestowed on you for a time such as this? I’ll tell you what you’ve done with it. You’ve sealed it in a mason jar, hidden the mason jar in a bushel basket, and buried the bushel basket under the olive groves.

    Now, good and faithful servant, what will you tell your Creator on that glorious day when He asks for an accounting of how you used the talents that He gave you? I sure hope you’ll have dug them up and put them to work by then.

    Pastor, we are in a war. It’s here. It’s in our cities, our neighborhoods, and our churches. You are a wartime pastor. Start acting like one. What were good and faithful pastors doing in World War I? In World War II?

    You should be organizing your churches. Get EVERYONE down to the School Board meeting, the county commission meeting, the city council meeting. Get your folks to start working together! Lead them!

    Start getting ready for what everyone can see is coming. The time for churches to provide widespread medical care is nearly here. Unvaccinated people won’t be able to be treated at the hospitals. They won’t even be let in the front door. The CHURCH is going to have to take care of them. Are you ready for that?

    Members are going to be fired. They may have trouble finding any gainful employment. They’ll need help. A kind of help you haven’t ever dealt with before. And there will be a lot of them.

    You are going to be feeding people who will be cut off from food, for one reason or another. Community is going to become a life-and-death issue. Don’t wait for it to get here. Get ready now.

    You MUST start calling out evil and ungodliness wherever it appears. And it’s all over. You saw what happened in Afghanistan. What’s happening here is Afghanistan on steriods. The same ungodly people who orchestrated the Afghanistan debacle are in charge of the pandemic.

    And PLEASE stop calling deaths from Covid in your Church a “tragedy.” That is heretical. Christians don’t believe death is a tragedy. Death has been defeated. We celebrate when our brothers and sisters go to their reward. It is NOT a tragedy. That is the Spirit of Fear talking.

    I leave you with this, two scriptures from the Book of Revelation.

    The cowardly are first in the list to be thrown in the the lake of fire. Don’t be in that group. Better to die in this world than experience that fate. God doesn’t want you to be cowardly, even if these ARE the end times.

    And, speaking of the end times, there is another heresy to address. Some people think that the World is coming to an end, so we can just sit back and wait to be delivered from it. But not so fast, Pastor:

    WAKE UP!!! Strengthen what remains! Some will fall away, but some, a few, have not soiled their garments! God’s not finished with the Church yet! Wake up, as you have been commanded! Do it RIGHT NOW.

    I have a live version of this presentation that I give to groups of pastors. If you’ve read down this far, then you know that this is a critical message. Get me a group of pastors of any size and I will present the message to them on Zoom. For a big group I will do it live. I’ll move whatever I have to move in my schedule to do it.

    For my whole life, I’ve been troubled by the image of the Lord spitting out the lukewarm church. How could I be not lukewarm? What does that even mean? Do I have to go become a missionary in Africa? Do I have to hold a sign on the street in New Orleans?

    I don’t worry about being lukewarm any more. I am ready to talk to Him now, about all my adventures on His mission. It’s done. I have a feeling of peace and comfort that surpasses all understanding.

    Reprinted from the original article by one fearless man to another fearless man. Men on fire and NOT lukewarm. Praise the Lord.

Jeff Childers  Jeff Childers

Commercial Litigation Attorney in Florida

Chris Corey

The Rise Of The DEX And Peek Into A New Financial System

The Rise Of The DEX And Peek Into A New Financial System

DeFi (Decentralized Finance)  is a term used to cover various components and activities, including Decentralized crypto Exchanges or DEXs which are at the cutting edge of DEFI. The rapidly evolving market of the DEX allows peer-to-peer cryptocurrency transactions without the need for an intermediary.  

DeFi – A New Financial System

DeFi is a system by which financial products become available on a public decentralized blockchain network. That makes them open to anyone to use, rather than going through middlemen like banks, brokerages, and even centralized crypto exchanges.

Unlike the legacy financial institutions and centralized crypto exchanges (CEXs), the KYC/AML (Know Your Customer and Anti-Money Laundering) protocol. These are usually government-issued ID, Social Security number, or proof of address. They are not necessary with the DeFi protocol and are welcomed by those concerned about their privacy and who cannot access valid documents.

More specifically, DeFi operates in a decentralized environment on public and permissionless blockchains, making it possible for buyers, sellers, lenders, and borrowers to interact peer to peer and use services encoded into open-source software protocols and smart contracts rather than a company or institution facilitating a transaction.

Historically, intermediaries have been the central hub acting as agents and brokers of trust, providing liquidity and security. Over the last century, the massive failings of this system, resulting in tumbling economies and the onset of a global recession, revealed a major flaw in the architecture. With the emerging technology, we can see a glimpse of a new financial services infrastructure. 

Decentralized finance uses technology to disintermediate centralized models and provides financial services on a global scale to anyone regardless of ethnicity, age, or cultural identity. It also gives users more control over their money through personal wallets and trading services that expressly cater to the individual, not institutions. 

 


Source: https://www.coingecko.com/

What Is A Centralized Exchange? (CEX) 

Since the inception of Bitcoin, coin exchanges were fundamental as the vehicle to connect buyers with sellers. These exchanges are centralized and facilitate every aspect of digital trading. On most CEXs, you must deposit fiat or cryptocurrency into an exchange-held crypto wallet before making trades. In the world of digital assets, this is called on-ramping (as opposed to off-ramping, when you withdraw and convert your crypto to fiat).

Although you can transfer your crypto to an external crypto wallet (non-custodial wallet), many users leave it in their custodial wallet managed by the exchange, so essentially you give up control of your crypto. You don’t own the private keys to your funds, which means that you ask the exchange to sign a transaction on your behalf when you withdraw. You need to trust the exchange with your money. 

Notably, in Sept. 2020, centralized exchanges accounted for approximately 95% of the crypto trading volume. CEXs function as trusted intermediaries in trades and often act as custodians by storing and protecting your private keys, and therefore your funds. Along with the cost of your independence, centralized exchanges have their challenges. 

They reside in specific geographic locations and are subject to stringent regulations. A recent example of this is Binance, which was banned from undertaking any regulated activity in the UK. Any centralized exchange can place limits and restrictions on its customer’s actions, and some have been the target of malicious attackers, hacks, and fraud. Overall, they are arguably centralized bottlenecks that stand in contrast to cryptocurrency’s open, decentralized ethos.

Centralized entities have dominated the field of crypto exchanges and are now more than ever at the behest of regulatory authorities. You know, the ones we are trying to separate ourselves from. But with the continuous evolution of technologies, decentralized exchanges are emerging as an alternative. 

 


Source: https://www.coingecko.com/

The Decentralized Exchange Approach (DEX)

DEX platforms use a different approach when facilitating the buying and selling of cryptocurrency. With no intermediary organization to clear transactions, DEXs leverage the functionality of self-executing smart contracts. Their backend exists on a blockchain, and as DEXs are non-custodial, no entity takes custody of your funds or control of your private keys.  

Since DEXs are permissionless, no one checks your identity. All you need is a cryptocurrency wallet. However, some DEXs are partially run by a central authority, so there are some legal requirements that need to be adhered to. In some cases, if the order book is centralized, the host must remain compliant.

DEXs have become more prominent today, with over 85 exchanges listed on Coingecko, offering advantages that impact custody of digital assets, diversity, transactional trust, investor privacy, and trading fees. 

 

What Are The Advantages Of A DEX?

Custody – No counterparty risk

The primary appeal of decentralized cryptocurrency exchanges is that they don’t hold customers’ funds. Being non-custodial also means you don’t relinquish control of private keys to transact. You have an external wallet that interacts with DEXs instead, where trades self-execute through smart contracts. 

This eliminates counterparty risk and breaches like the Mt. Gox hack in 2014 and, more recently, the Binance hack that has put users’ funds at risk and exposed sensitive personal information.
 

Diversity

Currently, there are over 9,000 cryptocurrencies on the market. CEXs choose the cryptocurrencies they list and generally only list those that meet the requirements. These are adequate trading activity, prevalence, and effective security standards to ensure profitability and legal compliance. 

Altcoins that aren’t listed on centralized exchanges can still be traded freely on DEXs, where peer-to-peer transactions can occur without high trading volumes. This provides a broader opportunity for engagement in digital assets and enhances financial inclusion.

Trustless Transactions 

On CEXs, every transaction is overseen and recorded by a central authority, the exchange itself. Through smart contracts, DEXs execute trades and record them to the blockchain, enabling trustless transactions. This means that the system is run autonomously by the blockchain protocol’s underlying technical architecture and consensus mechanism. 

Decentralized exchanges are distributed across a vast network of computers and governed by their stakeholders. Anyone can become a stakeholder in a crypto DEX, share in its evolution, and benefit financially from its growth. There are numerous elements foundational to the trustless nature of blockchain networks, including immutability, decentralization, transparency, censorship resistance, and neutrality.

Privacy

Investors and Traders using decentralized exchanges don’t need to disclose their private keys because wallets are held externally, and the DEX is not liable for the funds. For the same reason, users aren’t typically required to complete KYC and AML procedures when using DEXs. 

Lower Fees 

Decentralized exchanges have no intermediary and function through the use of self-executing smart contracts. Therefore, DEXs like Uniswap charge a lower fee of around 0.3%. Although these fees fluctuate in response to the network utilization, they remain far lower than the costs incurred on centralized alternatives.

 

Overcoming Obstacles

Over recent years, many decentralized exchanges have emerged and have experienced some obstacles, including limited scalability, throughput, liquidity, and usability. However, DeFi and DEX are still in the infant stages with ongoing innovation in the technology, iterating on previous attempts to streamline the user experience. 

Ethereum-based DEXs have seen increasing momentum and user adoption. New combinations of cutting-edge technology are helping later generation blockchains overcome the perceived shortcomings of earlier implementations. Cardano’s 3rd generation blockchain, DeFi platform, and Hydra technology will address the obstacles mentioned above.

The whole point of decentralized finance is to build financial services separate from the traditional financial and political system.

Interestingly, Cointelegraph recently reported the U.S Securities and Exchange Commission is very keen on understanding what is happening in the smart contract-based digital asset and DeFi landscape. Hester Peirce, Commissioner of the SEC, has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.

Dubbed the crypto mom, Pierce believes that DeFi founders need to ensure complete decentralization from launch to bypass financial regulation. 

“If you want to be decentralized, you really need to be decentralized, and that is going to then put you in a different category from the perspective of regulators because that’s just not something that we’ve dealt with before.”

 

The Future Of DeFi And Crypto Exchanges 

DeFi will minimize the power from large centralized organizations and put it in the hands of the open-source community and individuals. It allows for a more open financial system preventing censorship and discrimination worldwide.  

Decentralized exchanges are a solution and valid alternative to centralized entities.  Through on-chain smart contracts, DEXs provide a trustless method of connecting buyers and sellers and offer new precedents of equitable involvement and governance for stakeholders.

No banks or corporate exchanges are required. While a board of directors runs banks, DEXs are run by the “customers” themselves. With increasing momentum, we will witness a ramping up of innovation in technology throughout the entire industry. The evolution of technology will challenge the status quo and heavily align with the ethos of self-sovereignty.

 

ecosystem for entrepreneurs

Sources: Gemini Cryptorials, Binance

 

Chris Corey

Secure email providers to protect your privacy in 2021

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

Section 1.10.33 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC

"At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat."

1914 translation by H. Rackham

"On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire, that they cannot foresee the pain and trouble that are bound to ensue; and equal blame belongs to those who fail in their duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our being able to do what we like best, every pleasure is to be welcomed and every pain avoided. But in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted. The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains."

Chris Corey

Welcome to the Markethive Registration System

Welcome to the Markethive Registration System

Entrepreneurs are continually confronting issues ranging from shadow banning, acquiring quality customers, market share & increasing revenue. Standalone marketing and social platforms can be cumbersome, expensive and ineffective and are not designed to facilitate entrepreneurial strategies.

Markethive is a complete ecosystem powered by blockchain with inbound marketing tools, social media integrations, e-commerce portals and communication hubs all under one umbrella to help entrepreneurs collaborate, grow their business and earn income simultaneously.

Markethive, motivation is consistent, it is the culture here, we are entrepreneurs. We share motivational content, help each other. Holding each other accountable, a place filled with 100s of excellent motivational videos, groups, and tools that support the eccentrics of the entrepreneur. The culture @ Markethive is powerful, but it is also empowered with the most comprehensive suite of inbound marketing tools, that other companies sell for over $3000 per month. Here it is all part of the relationship and experience. Markethive is a blockchain, a real ecosystem with our own coin. Get paid to join Markethive and get paid to promote Markethive and….get paid to use Markethive. Paid in real coins with real value. Only at Markethive.

Chris Corey

Stimulus Payments – How Much Went Into Bitcoin?

Stimulus Payments – How Much Went Into Bitcoin?  

What About Altcoins? Surprising Results 

Last year, we saw governments across the globe dole out billions of dollars to their citizens in an attempt to offset some of the economic impacts of the pandemic lockdowns. While that money was intended for food and rent, some of it managed to find its way into the crypto market. 

This has led many to wonder just how big of an impact all those stimulus checks, otherwise labeled Economic Impact Payments (EIP), have had on the crypto market. The United States Federal Reserve has also been wondering the same thing, so they recently published a study with surprising results and even more surprising regulatory recommendations. 

The study was conducted by the Federal Reserve Bank Of Cleveland, specifically, which is one of the 12 Regional Banks which collectively make up the Federal Reserve System in the United States. The Federal Reserve is the privately held independent entity within the US government which issues federal reserve notes, also known as US Dollars. 

 The Federal Reserve Bank of Cleveland differs from the other Fed branches in that it is the only one that handles collections for the US Department of the treasury. In other words, they provide the payment system that the US government uses to collect taxes and pay back government debt. This seems to include any payments made by individuals or institutions to the US government. 

The Federal Reserve Bank of Cleveland also supports the treasury's objective of expanding the use of digital products and payment services across the federal government, as quoted on their website. It’s not surprising that many of its constituents are interested in crypto. Two of them recently released the study, Uncovering Retail Trading in Bitcoin the Impact of COVID-19 Stimulus Checks

In contrast to academic studies, this Fed study is technically a working paper that is circulated among all Federal Reserve officials to discuss, according to the second page of the paper. So with all this context in mind, let's take a look.

First Section Of The Study

The first section of the Fed's stimulus study lays the groundwork for the entire paper. It starts by noting that the Fed was inspired to analyze the effects of stimulus checks on the crypto market after data released by Coinbase, CEO Brian Armstrong in mid-April of 2020, featuring an image which shows that there's a massive spike in buy orders and deposits on Coinbase in the $1,200 range. 

Who Was Eligible?

As explained in the second section of the Fed study, every adult in the United States that earns less than $75K per year was eligible to receive a no-strings-attached stimulus payment for $1,200. Those making between $75K and $99K per year were still eligible to receive some, but this amount approaches zero as their income approaches the upper-income limit.

Given that the median salary in the United States is only around $36k, the vast majority of adults were eligible to receive some helicopter money, and seven out of ten received their Economic Impact Payment (EIP) by the end of May 2020. 

This totaled nearly $270 billion, which was just 10% of the over $2 trillion the CARES Act eventually pumped into the US economy. Around that time, both the stock market and the crypto Market accelerated their recoveries from the massive crash in early March, which is believed to have been caused by the World Health Organization's announcement that a pandemic was indeed upon us.

Interestingly, the rally out of the slump began long before the EIPs started being sent out. The Fed believes that the mere announcement of monetary measures was enough to jump-start the recovery in asset markets. Although there have been two more rounds of stimulus payments since last year, the Fed's working paper only focuses on the first round of stimulus, which went out in March of 2020.

 

Methods Used To Determine Effect

The third section of the FED study details the methods they used to determine how much of an effect the stimulus checks from last spring had on the price of Bitcoin. First, the Fed took trading data from Kaiko, a crypto data research company, about BTC buy orders on 26 cryptocurrency exchanges between January 1st and June 5th, 2020. Then they identified any buy orders at the $1,200 range and divided the initial time frame into two periods, January 1st to April 9th, and April 9th to June 5th.

They did this because the first round of stimulus checks was sent out on April 9th, and the remainder were distributed in the weeks that followed. Logically, the Fed predicted that there would be more $1,200 BTC buy orders between April and June than between January and April. The number of these orders could then estimate how much of that money was invested into Bitcoin. 

It stands to reason there are many confounding variables like multiple price points besides the $1200, where retail investors only invested a portion of their stimulus checks. They pointed out people with children are unlikely to invest in speculative assets. They highlighted the fact that most cryptocurrency investors tend to be young and single, among other variables. Still, overall the Fed actually did a pretty good job of accounting for most of them. 

 

Significant Findings

The 4th, 5th, and 6th sections of the Fed study reveal results for their various hypotheses in detail; however, how the last findings related to the impact of the EIPs on the price of Bitcoin are nowhere close to the magnitude that you'd expect. Of the nearly 270 billion dollars of stimulus money sent out to Americans, only about $58 million found its way into Bitcoin between April 9th and June 5th. 

Now, this might sound like a lot, but it's barely enough to push up the price of BTC by 5% on a single cryptocurrency exchange, much less the entire crypto market. According to the Fed, stimulus payments only accounted for 3.8% of BTC trades by number and 0.7% of trades by value during that time. 

In terms of the actual price, all the buy orders they analyzed, $1200, $1000, $600, $500, and $100, only managed to push up the price of Bitcoin by 0.22% between April 9th and June 5th. When you isolate the $1,200 payments, that BTC price pump drops to just 0.05%. So it just goes to show you that there are much bigger things that move the crypto market.

 

The Main Takeaways

The last section of the Fed’s stimulus study lays out a few conclusions and some regulatory recommendations for future stimulus programs. The main takeaway is that only 0.02% of all stimulus checks were spent on bitcoin: Ascertaining that,

“Policymakers should not be concerned about money being diverted to cryptocurrency markets when considering similar economic relief programs in the future.” 

It’s good news they came to this conclusion, but these findings are only pertaining to BTC. Bitcoin is just one of many cryptocurrencies that make up the crypto market and, these days, doesn't account for the majority share by market cap. 

 

What About Altcoins? 

It's possible that some of last year's stimulus money ended up in altcoins, and arguably the amount is probably more significant than the $58 million that went into Bitcoin. Considerable evidence for this is a study conducted by Coinbase in May 2020 which found that 40% of retail investors buy altcoins instead of Bitcoin, and more than half of those who purchase Bitcoin buy altcoins eventually. 

As shown in the chart above, the Coinbase study indicates a whopping 76% of crypto investors ultimately put their money into altcoins. Unlike BTC, which requires tens of millions of dollars to change its price on any given day, it’s often the case that even just a few hundred thousand dollars is more than enough to move an altcoin up or down by double-digit percentages. 

Bitcoin does carry the flag for the crypto space universally, as the store of value for all cryptos, much like gold was when it backed fiat currency. However, although some retail investors cut their teeth with Bitcoin, they are branching into other assets with prominent use-cases that provide differentiated services. 

Therefore stimulus-driven investing could have had a significant impact on the price of select altcoins while having a negligible effect on Bitcoins price. Cardano’s ADA has soared over the past few months, holding firm in the dip of many cryptos, including Bitcoin. 

Further evidence for stimulus-driven altcoin investing was the Bitcoin dominance chart when there was a significant dip in Bitcoin dominance in April, which is precisely when the bulk of those stimulus payments were sent out. 

Correlation certainly doesn't equal causation, but it's pretty clear that the average retail investor of today realizes the importance and utility some altcoins have with emerging technology, providing much-needed solutions to issues that have arisen within the industry and externally. 

Of all the crypto reports and studies out there, this one is probably the most significant. Besides the fact that the United States Federal Reserve conducted it, it underscores just how small of an effect retail money has on the price of Bitcoin. To move a trillion-dollar asset, you need trillions of dollars, and that's something the average person doesn't have. 

There are golden opportunities in the altcoin market the average retail investor can afford. When you think about the billions of people on social media and the swarms of digital media, marketing, and advertising on the internet, a decentralized blockchain project in this space is the ticket and answer to the social and financial issues experienced in today’s climate. 

 

Markethive – The Answer

With crypto smarts and not-so-crypto-savvy, many retail investors are coming to Markethive and supporting the social media and digital marketing network. Why? Because they are looking for a platform that promotes freedom and sovereignty. A place where entrepreneurs can flourish professionally, artistically, and financially, away from the pressures of the legacy Web 2 tech giants. 

Never before has a blockchain crypto project been attempted at this scale, but given the distributed data technology Markethive is integrating, it’s the next step in the evolution of multi-dimensional social media, marketing, and advertising. 

Markethive’s Hivecoin is one of the select altcoins that will rise and empower the retail investor. Its use case is the pinnacle and essential for this fungible asset coin to become very valuable to any user in the social media, marketing, and digital media industry. 

The various ways to earn Hivecoin, including airdrops, bounties, and staking capabilities, make it easy to accumulate and grow your portfolio. The added advantage of Markethive’s decentralized exchange and wallet soon to be released creates a robust, thriving ecosystem for the average Jack and Jill – The aspiring entrepreneur and retail investor. 

 

 

Chris Corey

Breaking: High number of side effects expected for Covid vaccine

Breaking: High number of side effects expected for Covid vaccine

LONDON

A tender from the The Medicines and Healthcare products Regulatory Agency in Great Britain (MHRA) is currently hosted on this platform. This is the alarming description given about a Covid-19 vaccine:

Description of the procurement:
The MHRA urgently seeks an Artificial Intelligence (AI) software tool to process the expected high volume of Covid-19 vaccine Adverse Drug Reaction (ADRs) and ensure that no details from the ADRs’ reaction text are missed.

Explanation:
For reasons of extreme urgency under Regulation 32(2)(c) related to the release of a Covid-19 vaccine MHRA have accelerated the sourcing and implementation of a vaccine specific AI tool.

Strictly necessary — it is not possible to retrofit the MHRA’s legacy systems to handle the volume of ADRs that will be generated by a Covid-19 vaccine. Therefore, if the MHRA does not implement the AI tool, it will be unable to process these ADRs effectively. This will hinder its ability to rapidly identify any potential safety issues with the Covid-19 vaccine and represents a direct threat to patient life and public health.

Reasons of extreme urgency — the MHRA recognizes that its planned procurement process for the SafetyConnect programme, including the AI tool, would not have concluded by vaccine launch. Leading to a inability to effectively monitor adverse reactions to a Covid-19 vaccine.

Events unforeseeable — the Covid-19 crisis is novel and developments in the search of a Covid-19 vaccine have not followed any predictable pattern so far.

 

The order is valued at 1,5 million pounds sterling (GBP) excluding VAT. That is currently 1 671 300 euros.

The fact that a vaccine has become veritable “industrial accident” should remind the vaccination industry of the huge risk they are taking in order to make money.

The tender confirms fears that a new vaccine is being rushed through approval without being tested thoroughly. Therefore, under no circumstances should any population be forced, not even indirectly, to be vaccinated.

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Help us to produce more articles like this. FreeWestMedia is depending on donations from our readers to keep going. With your help, we expose the mainstream fake news agenda.

 


 

Markethive Curation

Chris Corey

Denmark abolishes all Corona measures

Denmark abolishes all Corona measures

Danish parliament recently decided in Copenhagen that all Corona measures should be ended from October 1. There will therefore no longer be a mask requirement and the test regime will be abolished. The Danes will then no longer have to provide evidence of whether they are vaccinated or unvaccinated, or whether they have tested positive or negative.

COPENHAGEN

All Corona measures are being lifted in view of the increasing incidence figures in Denmark, reported RT Deutsch. Since the beginning of July this value has risen from 31 to 107,2 (as of August 8). At the same time, the upper limits of this Corona indicator has increased significantly.

At the same time, the incidence limits are increased significantly: In communities from 300 to 500 infected people within seven days, in the districts from 500 to 1000. However, the prerequisite is that an increasing number of Covid-19 patients does not overload the health care system.

Denmark’s SSI infectious diseases agency said it no longer relied on vaccination to achieve herd immunity in the country. Tyra Grove Krause, the SSI’s acting academic director, said a new wave of infections were expected after people return to work and school at the end of this summer, but it should not be cause for alarm. “It will be more reminiscent of the flu,” Krause said.

Overall, the current vaccination rate is just under 58,4 percent of fully vaccinated people in Denmark. In Germany, this value is only slightly lower at 54,5 percent (as of August 8) but vaccine advocates have been persistent in their fear-mongering and pressure on the unvaccinated.

Tyrolean lawyer Dr. Renate Holzeisen, meanwhile strongly recommended that all employers refrain from vaccination pressure or compulsory vaccination, because most of them were “obviously not even aware of the far-reaching legal consequences associated with it”.

The fact that the so-called Covid-19 vaccines, according to the official approval documents of the EMA and the European Commission were not developed and approved for the prevention of infection with the SARS-COV-2 virus, but solely to prevent a more severe course of the disease, were conditionally approved for this reason alone, Holzeisen underscored.

The official approval documents therefore show that these substances cannot interrupt the chain of infection because the people treated with them can become infected and thus be infectious. Practice also proves that people who are completely “vaccinated” become infected with the virus and even have the same viral load as “unvaccinated people” as the CDC, among others, has admitted. It is therefore clear that any Covid-19 “compulsory vaccination” actually lacks any justification.

All pressure, including moral pressure (alleged act of solidarity with one’s neighbor) is therefore illegal in terms of criminal and liability law based on the official approval documents.

“As a lawyer advising on corporate law, I strongly recommend that every employer stay away from Covid-19 vaccination pressure or compulsory vaccination, because most of them are obviously not even aware of the far-reaching legal consequences associated with it,” she said.

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Chris Corey

What Are Content Entrepreneurs In 2021?

What Are Content Entrepreneurs In 2021? 

Who Are They? Where Do They Live? How Do They Make Money? 

Do you remember what was happening on the internet at the turn of the century? Cast your mind back to the Dot.Com era when web blogging first became a thing. Initially named Weblog, it was a new avenue for many writers, aspiring or seasoned, that had opened up. The internet was hungry for content, and many who grasped the opportunity could mark their territory, gather a significant audience, and monetize their creative work—a virtual land of opportunity for anyone connected to the internet. 

These days, some would argue that the blogging gold rush has all but dried up in terms of monetization or even generating an audience. Given the enormous amount of content accessible today, it would seem much more difficult to reach a level of success as a prominent, self-sustaining writer in any niche. 

But the truth is, in today's climate, the art of the wordsmith has never been more critical, particularly in digital business and marketing. The art of writers and content creators puts ideas and information of any business into consumers’ eyes, ears, and hands. Without the nuances of this art, the best products and services won’t stand out, be discovered, or connect with the right customers and clients. 

 

Succeeding as a content entrepreneur takes time, patience, and a business mindset. The advantage of a platform with the technology and a community that supports the artists and their right to express themselves and facilitates the monetization aspect is a great place to start for aspiring content creators, B2C and B2B bloggers. 

Online business owners must be aware that failure to adjust to new trends will impede the likelihood of consumers ever seeing their content, resulting in loss of business or even collapse. What we see now is a rise of content entrepreneurs, culminating their art with a hybrid of creativity, strategy, and technology. Combining strategic, artistic vision with existing and emerging technologies helps people turn fleeting interactions into genuine connections.   

Food For Thought

If you’re a nervous newbie in the content marketing space and think that everything has already been said or written about, just perform your own research and add your point of view. Writing content that changes the world exists in the world, not in your mind.

In the words of Brian Clark,  

“The way you become a writer, and eventually a great writer, is to write. If the desire to write isn’t there, you’re going to have to learn to work well with creative writers to execute on your strategic vision.”

A good rule of thumb for when you’re choosing one of your many ideas to write about is; If it has even the slightest possibility of helping someone, give it a try.

 

I came across a recent study conducted by The Tilt. It’s the first of its kind regarding content entrepreneurs and looks at what defines them, how they grow their audience and monetize content, and what it takes to be successful. These people do not “hustle”; instead, they are serious entrepreneurs building niche audiences—a group of serious business owners who have found a new way to build a business.

What Are Content Entrepreneurs?

The Tilt quoted that content entrepreneurs (CEs) make money by turning valuable and interesting content into revenue streams. Some are solopreneurs making a comfortable income based on sharing their unique expertise with a niche audience. Others are powering high-growth content ventures that employ many. All are part of a new movement of professionals pursuing work on their own terms.

Content entrepreneurs span all age groups, industries, and channels, not just the viral young influencers on Tik Tok, which seems to be the stereotype. For the most part, a CEs success isn't based on a viral hit or a massive audience. Founder of The Tilt, and facilitator of the research, Joe Pulizzi, cites. “Just don’t call them influencers; content entrepreneurs are building businesses.”

Content entrepreneurs are the people driving the creator economy. Yet, few truly understand them.

Content entrepreneurs have a singular focus: growing their audience by filling a particular informational need. And by doing this well, they can “monetize” that audience. They are building something akin to a media company. 

A Unique Group Of People 

With over 1400 entrepreneurs surveyed, the research concluded that CEs fully supporting themselves are most likely Gen X or Boomers. The split between full-time and part-time was roughly 50:50. Younger entrepreneurs were more likely to treat content creation as a side gig. 

Full-time CEs are significantly more likely to be financially successful with a median investment of $10,000, and 75% are funding their content businesses with personal savings. Very few seek capital from venture capitalists or angel investors. 

Most content entrepreneurs use no single revenue tactic for monetization; the most common are advertising and sponsored content, membership fees, online courses, events, and speaking fees. Revenue is derived from a combination of these monetization channels and, more recently, cryptocurrency rewards by blockchain-driven platforms like;

  • Markethive: An inbound marketing, social media hybrid, and broadcasting digital media platform for entrepreneurs – Content, B2B and B2C.
  • Steemit: A blogging platform where writers are rewarded with upvotes by readers in the Steemit community. 
  • The Tilt: An education, training, and news platform for content entrepreneurs. 

For those who operate their content business full time, the survey found that the median annual revenue was $50K. Experience is a factor in achieving higher income. The median revenue for content entrepreneurs in business four to seven years was $100K, while those in it for longer than seven years saw a median revenue of $125K.

How Do CEs Grow Their Audience?

Search engine optimization (SEO) is the only audience-growth tactic cited by more than half (56%) of the content entrepreneurs. Hashtags came in second, cited by 48%. Partnerships with creators or entrepreneurs came in third (44%), followed closely by social media advertising (43%).

Freedom And Independence – The Top Motivator 

The assumption that content entrepreneurs turn a hobby into a business and pursue their passion while working does describe some. However, the overwhelming consensus of 86% of solopreneurs and 89% of micropreneurs is that CEs seek independence as the priority and can control their careers. They want to work on their terms at a time and place they determine. 

Almost nine out of ten of all content entrepreneurs agree they became content entrepreneurs “to achieve financial freedom on my own terms.” They are abandoning the traditional pathways to success and building an entirely new model for professional work. 

Content entrepreneurs are fierce independents, discarding the traditional college education in favor of on-the-job training. 85% of respondents believe a college degree is not required to succeed as a CE. 95% say they can operate their content business anywhere that has reliable internet. 

The study also revealed that Covid-19 generated a new cohort of content entrepreneurs. More than half (54%) of those who launched their business in the last year was influenced by the pandemic. 

Next Level Independence

The survey revealed a lack of awareness and appreciation among the respondents regarding issues that could thwart long-term content business success, like deplatforming and losing their audience. Many content entrepreneurs are relying on third-party platforms; the recent survey indicated that they use Facebook (76%), Instagram (66%), LinkedIn (60%), Twitter (51%), and YouTube (47%).

The above platforms mediate the relationship between creator and consumer and control at least some of the content entrepreneur’s business. Since these tech giants are for-profit businesses, their goal is to make money for their owners, not the creators. They can change the rules any time they want to make a more profitable business regardless of the impact on creators. They can even use insights from the CE’s audience to develop competing products and services. 

A new breed of CEs is eliminating or reducing the intermediary relationship with these platforms, finding ways to reach their audience directly rather than relying on third-party channels and ad revenues. They’re taking “independence” to the next level. 

As Amanda McLoughlin, creator and chief executive of the podcast collective Multitude, explains, 

“Audiences are powerful, and creators don’t need anyone’s permission to build one of their own or to ask them for support. As media companies continue to consolidate, our relationship with our audience and the autonomy of owning our work are more valuable than ever.” 

To view the full report, download the PDF here

Markethive – Giving CEs Back Their Freedom And Autonomy On One Comprehensive Platform

One platform that has addressed the issues of deplatforming and lack of control or autonomy over an entrepreneur’s livelihood is Markethive. A blockchain-driven ecosystem for entrepreneurs allows individuals to own their work autonomously and generate a substantial income without intermediaries.

It’s like having your own site with the advantages of Storefronts with POS shopping carts and access to the analytics and insights from your audience and customers. As a Markethive Entrepreneur, you are not beholden to the whims and rule changes of large social and tech platforms (e.g., algorithm changes, arbitrary blocking, and withholding of data). 

CEs at Markethive can leverage new monetization strategies and emerging opportunities such as digital media aggregation and curation, the press release, and sponsored article platform that offer more control and much healthier margins. 

Markethive has a built-in social media interface where you already have an engaged, interested audience and target market. The Blog Subscribe, and blogcasting feature that remotely broadcasts out to all other social media is a great way to expand your audience and increase reach. The unique combined news feed interface currently in development will make it that much more compelling.

Markethive has two engines (subscriber and traffic) driving it and simultaneously bringing millions of entrepreneurs into this safe haven, the central hub, and gateway to the internet universe. Alexa and WorthOfWeb measure both the subscriber and traffic engines’ speed and power, and in the case of Markethive, they are growing daily in an exponential fashion.

With its two major engines at the helm and secondary engines such as the Hivecoin and exchange and all cottage businesses within Markethive, reaching out to all other platforms is fundamentally the core; the epicenter where we all work in collaboration, ensuring everyone’s success. 

According to The Tilt, CEs are the most powerful engine fueling growth and change within the creator economy movement, and they’ve only just begun. Markethive nurtures the content entrepreneur and delivers a ‘state of the art platform’ to you, but it is your company. 

Markethive has been built for the community and brings self-sovereignty, privacy, autonomy to every individual with a genuine opportunity to be in control of your future, peace of mind, fulfilling your potential, creating wealth, and being able to prosper in so many ways. Markethive is its name; Entrepreneurialism is its game. 

Are You a Content Entrepreneur?

 

ecosystem for entrepreneurs

 

 

 

 

 

 

 

 

Chris Corey