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Markethive’s Vision Coming To Light The March To Prominence Illustrated

Markethive’s Vision Coming To Light
The March To Prominence Illustrated

The opportunities and extraordinary value we have here at Markethive are unprecedented and as we move into an age where what the internet is offering just isn’t enough anymore. It’s become too complicated, too expensive and too competitive. Not to mention the personal data breaches and lack of privacy that has become big news and a real controversy. Blockchain technology has made it possible for Markethive to advance and offer far more for far less than any other platform or program out there today. 

Markethive’s vision is to give privacy, autonomy with every opportunity for true wealth via universal income while simplifying the process for anyone to successfully create and operate any business from the Markethive all-in-one platform. This incorporates all inbound marketing tools, including email autoresponders, a stellar blogging platform, Storefronts with eCommerce capabilities, press release, and sponsored article portals, Banner program, and banner slot exchange, a video hub with video advertising, wallet with integrated messaging app and coin exchange plus so much more. 

This puts Markethive in the category of the next generation Market Network and the first to be built on the blockchain. Collaboration and the social media aspect is an integral component and the community spirit is bringing Markethive’s vision to light. Just one of the indicators we have to prove our worth is Markethive’s Alexa Ranking. 

 

How Important Is The Alexa Ranking?

When Markethive first started tracking their Alexa rank in the Markethive News Feed it was around 80,000. That was a year ago and at that time it was evident we were on the move by looking at our Alexa rank graph. Prior to that, 4 months earlier in May 2018 when the CTO, Douglas Yates came on board and identified the need to move onto the Blockchain and have our own coin Markethive’s ranking was at 145,000. Look at us today and we are not slowing down.

These stats are from
Alexa: https://www.alexa.com/comparison/markethive.com
WorthofWeb: https://www.worthofweb.com/website-value/markethive.com/
Rank2Traffic: https://www.rank2traffic.com/markethive.com

 

An Evolving Industry

One of the prominent portals Markethive has created is digital media sites. The crypto digital media market has become a very prevalent medium to source information and current news about the crypto and blockchain industry. There are 100’s of crypto media broadcasters competing for traffic and selling ad space, press releases, traffic, etc. Markethive holds the Number 4 position placement in this extremely competitive market. 

Here are the top 12 Digital Media Sites with statistics on their Social Media Following and Alexa Ranking updated on Dec. 4th, 2019

.01 COINMARKETCAP
TW: 495K TG: 5,509 RT: 6.1k YT:0 IN:635 LI:793 FB: 31,000 — Social Network Tally
https://coinmarketcap.com/ Alexa: 549
BANNER AD VIA COINZILLA
3 DAYS RUNNING $14,500

.02 COINTELEGRAPH.COM
TW: 448K TG:81K RT: 2.7K YT:44K IN:58K LI:5.7K FB:719K — Social Network Tally
https://cointelegraph.com Alexa: 2,622
FEE to publish press release: 0.7 to 1.4 BITCOIN
SPONSORED ARTICLE VIA COINZILLA $7200.00

.03 COINDESK.COM
TW:786K TG:2K RT: BANNED YT:7.5K IN:6.7K LI:12K FB:78K — Social Network Tally
https://www.coindesk.com Alexa: 6,134

.04 MARKETHIVE
TW:19.2K TG: 3.1K RT: 1552 YT: 5.1K IN: 5.7K LI: 760 FB: 7.7K — Social Network Tally
https://markethive.com Alexa 12,450

.05 NEWS.BITCOIN.COM
TW: 14K TG:58K RT:2.4K YT:20.6K IN:9.8K LI:3.5K FB:100K — Social Network Tally
https://news.bitcoin.com Alexa: 15,108
Submit your press release for $1,995!

.06 CCN.COM *
TW: 17.4K TG:21K RT: 2.5K YT:16.8K IN:1.2K LI:1.8K FB:26K — Social Network Tally
https://www.ccn.com Alexa: 15,665
FEE to publish press release: For $349, you can submit a press release

.07 COINTRAFFIC.IO
TW:294 TG:3 RT:1 YT:94 IN:142 LI:232 FB:84 — Social Network Tally
https://cointraffic.io/ Alexa: 15,764
PRESS RELEASE Premium: $9,900

.08 CRYPTOCOMPARE
TW:23K TG: 34 RT:316 YT131: IN:532 LI:566 FB:14K — Social Network Tally
https://www.cryptocompare.com Alexa: 18,331
SPONSORED ARTICLE VIA COINZILLA $900

.09 BENZINGA.COM
TW:69K TG:0 RT:0 YT:6.2K IN:1.4K LI:7K FB:8.3K — Social Network Tally
https://www.benzinga.com/ Alexa: 18,733

.10 NEWSBTC
TW:36K TG:3.4K RT:0 YT:12K IN:54 LI:373 FB:21.4K — Social Network Tally
https://www.newsbtc.com Alexa: 19,915
PRESS RELEASE: $799
https://www.newsbtc.com/submit-press-release/
Sponsored Article via Coinzilla $2000

.11 BITCOINIST.COM
TW:49K TG:12.6K RT:6 YT:1K IN:607 LI:341 FB:22.4K — Social Network Tally
https://bitcoinist.com/ Alexa: 22,569
Press release $999
Sponsored Article $1,750 via Coinzilla
additional $199 to distribute across social media channels:

.12 AMBCRYPTO.COM*
https://coinbound.io/buy/ambcrypto-token-interview-review/
TW:8.4K TG:4.5K RT:1.1K YT:UNK IN:5.6K LI:1.7K FB:4.4K — Social Network Tally
https://ambcrypto.com/ Alexa: 40,350
SPONSORED ARTICLE VIA COINZILLA: $450

 

Notice the blue line on this graph which is CCN*, and how the curve shoots up vertically. This is a very likely indicator that the increase in traffic and ranking they received is not organic. This is usually obtained through artificial hacks that companies can and do hire to gain Alexa Ranking. According to the updated stats, CCN has now dropped to 6th place. Easy come, easy go as they say. 

 

As our Alexa ranking continues to improve, (which means more traffic) the value of our banner program increases. As of today's ranking, a daily banner ad cost on similar sites is $366 per day (CCN*).  AMBcrypto* which has an Alexa ranking of 40,350 charges $5,500 to run a banner for a full month. So what could Markethive charge? Would you agree that Markethive is in a prime position to command these prices? 

Banner advertising continues to exist and grow stronger because it works. Although you do need a system with plenty of traffic when running your banner ads and this is easily measured with Alexa. So you can see how important this information is to be aware that Markethive is in good standing and chooses to offer Banner Ads, Sponsored Articles, Press Releases for a fraction of the price of its competitors with ever-increasing organic traffic, incredible reach and exposure for the Entrepreneur 1 upgraded Associate. 

Markethive's Entrepreneur 1 Upgrade includes running a banner ad all month long and that’s along with all the other benefits. $100 per month includes the banner ad for a month. Compared to other systems that have only 10% of the traffic as Markethive, the commercial rate is $2500 per month for the same banner offer.

 

 

Markethive Banner Exchange Is Coming with Added Benefits 

Markethive is in the process of building the Banner Exchange and also a reseller page for all free or non-Entrepreneur 1 members to purchase banner ad slots from the active Entrepreneur 1 associate who wishes to resell their banner slots. These banner slots will only be available to purchase from current Entrepreneur 1 members. Now that’s a cool little business right there! 

Note: Once the banner reseller control panel is ready to be released, Entrepreneur One Upgrade will be closed to free members and new subscribers. 

Don’t delay it any longer. Upgrade to Entrepreneur One here
https://markethive.com/?upgrade

Markethive Is Everywhere! 

Another industry where Markethive is making its mark is in Multi-Level Marketing. It currently ranks at Number 3 on Alexa. Notably, Markethive is not an MLM company, but rather a referral company, however as Markethive is a multi-faceted platform to springboard from, we support the genuine MLM companies and the industry on the whole.   

Here are the Top 10 MLM companies Alexa Ranking

  1.  https://www.youngliving.com Alexa 7,058
  2.  https://www.doterra.com Alexa 7,169
  3. https://markethive.com Alexa 12,450
  4. https://www.jeunesseglobal.com Alexa 18,716
  5.  https://www.rodanandfields.com Alexa 33,270
  6. https://scentsy.com Alexa 46,350
  7.  https://www.youniqueproducts.com Alexa 48,583
  8.  http://valentus.com Alexa 58,538
  9.  https://monatglobal.com Alexa 76,651
  10.  http://www.primerica.com Alexa 109,057

The Markethive Difference

Markethive is built on blockchain technology and is community-driven so it makes sense for the company to offer the opportunity to own a piece of this universal platform that is taking the world by storm. These are in the form of an ILP (Incentivized Loan Program)  

So instead of just charging a subscription to all members for the use of the tools as other platforms do, and then venture capitalists taking the shares and profits, Markethive offers these tools free to all members with the option to upgrade and become an early adopter with the advantage of receiving yields of the net profits of the company’s revenue. This is on top of all the other benefits provided with the upgrade.  

Find out more about the 15 points of the Entrepreneur One Upgrade here

The Unfair Advantage Offer

For the month of December 2019 only, free members have the Unfair Advantage of upgrading to Entrepreneur 1 and receiving two 1/10ths of an ILP. That doubles your dividends, providing you stay consistent and current with the monthly payments till December 2020.  

To give you an idea of just how much this is worth, the ILPs are publicly listed at $100,000 at the moment. So 2/10ths of that equals $20,000. A one-year Entrepreneur One subscription paid monthly @ $100 per month is $1200.

As the Founder and CEO Thomas Prendergast exclaimed,

“What in the world? I have lost my mind? No, it is all about the vision.”

The offer purely is a gift, as is the vision of Thomas Prendergast, who will not stop until every living soul has the chance and experience the empowerment that Markethive can bring for the long term. 

This is for everyone, and especially affordable for the little guy and gal, the rank and file. Markethive has made it so easy to be part of the next Facebook, LinkedIn, Amazon, eBay, Cointelegragh, Marketo, Hubspot combined. A fusion of all of these platforms is the next generation built on Blockchain ensuring privacy, autonomy, free speech, wealth and empowerment for all. 

As Thomas says,

“Markethive is your company, your adventure. Some of you have more equity than others, but all members are going to profit from what Markethive is doing.” 

Upgrade now and set yourself and family up for a very bright future. https://markethive.com/?upgrade
 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

Markethive Has The Unfair Advantage For You To Double Your Prosperity

Markethive Has The Unfair Advantage For You To Double Your Prosperity

Double Your ILP Benefits! Available Now Till The End Of December This Year 

Something big is happening at Markethive! As announced by Thomas Prendergast, the CEO of Markethive in the video below, he has something very special for all Entrepreneur One Upgrades as a special thank you and appreciation for your loyalty and belief in Markethive. Your steadfast focus on the overall vision and seeing the bigger picture will not go unrewarded. 

Further to that, any new or free member who wishes to upgrade to Entrepreneur One by the end of December 2019 will also be rewarded with the same very generous offer. 

 

So, What Is The Unfair Advantage Offer? 

For all free members that upgrade to Entrepreneur One @ $100usd per month, we will double your ILP (Incentivized Loan Program) Learn More about the ILP here.  What this means is if you stay active with your monthly payment for a consecutive 12 month period, you will receive not one, but two 1/10th shares of an ILP. 

The same offer applies to our already upgraded Entrepreneur One associates. 

 

The ILP will be limited to 1000 shares which represent 20% of the net revenue of the company. If LinkedIn had offered this opportunity to its members back in the day, that would mean a cool $36,000 a month for each member holding a 1/10th of an ILP share. Currently, LinkedIn is generating $1.8 Billion a quarter in revenue and keep in mind, Markethive is poised to be as big if not bigger than LinkedIn. 

We are currently at 100,000 unique visitors a day and Markethive’s Alexa ranking puts it in the top 2, 3 or 4 of many 1000’s of systems on the internet. 

The statistics in the image below are in the crypto digital media market. Where there are over 100s of crypto media broadcasters competing for traffic and selling ad space, press releases, traffic, etc. Markethive has risen to number 4 placement in this extremely competitive market.

Markethive also ranks number 3 in the top 10 MLM companies. Even though Markethive is not an MLM company we do support the industry and have more traffic than 99% of the MLM industry!  So we are definitely on our way to be the very lucrative decentralized safe haven for all budding and seasoned entrepreneurs being the first Market Network built on the blockchain offering universal income in the form of faucets, infinity airdrops, and loyalty programs. No one else offers anything like this at this magnitude! 

What Else In It For You? 

There are so many benefits to being an E1 upgrade apart from the extra products and services you receive with Markethive’s inbound marketing platform, like unlimited autoresponders, email broadcasting, Banner Ad program and eCommerce friendly Storefronts with API driven architecture to name a few. 

 

Banner Program Exchange

Soon Markethive will be launching the Banner Program Exchange which will allow all Entrepreneur One associates to sell their share of impressions on the banner allotments which can equate to around $3000 – $4000 a month income for you, just for selling your unwanted impressions for that month. The impressions of your banner allotments are also available to free members to purchase. This alone opens up a very lucrative source of income for E1 upgrades. 

 

But Wait, There’s More 

This even gets more exciting when we deliver the Markethive Press Release System and floating video system. (more on that later) And of course the matching bonus of 500 MHV coins you receive when your referrals sign up in Markethive, which is a great way to accumulate your coins before the introduction of the wallet and Markethive Exchange

Check out this short video by Thomas Prendergast explaining the unique ILP doubler offer…

 

Conclusion

The Unfair Advantage Offer is for a limited time during the month of December 2019 for any free members who haven’t taken advantage of the Entrepreneur One upgrade as yet. To the rest of you E1s, by keeping current with your monthly payments, that also sets you up to receive an extra 1/10th of an ILP at the end of 2020. 

The chance to upgrade to the whole E1 loyalty program will cease once Markethive reaches 1000 ILPs. We are still in BETA and you are the early adopters of this next generation web 3.0 platform and like the limited number of fat cat investors/shareholders at LinkedIn and Facebook, you will get your share of the profits. The only difference is you are the community that has been given an equal, and affordable opportunity that other major tech giants have overlooked. 

Markethive is built for the people, by the people and is of the people. The entrepreneurs who see the magnanimity of Markethive are the fabric that will help Markethive reach their goals including the launch of the wallet so much faster and everyone will benefit. It is going to explode in growth and you have the advantage of riding this wave.

So now is the time to get the unfair advantage and receive double the benefits with the ILP, available till the end of this year 2019. This is an incredible offer, don’t miss out. This link will take you to the Entrepreneur 1 Upgrade page of Markethive where the video explains what you get and how to register for your piece of Markethive along with an exciting future in this blockchain age of the world’s first social market network. 

Merry Christmas to You All!!

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

The Evolution Of The Markethive ILP

The Evolution Of The Markethive ILP

What is an Incentivized Loan Program™(ILP™)?

An Incentivized Loan Program ™ works similarly to a traditional promissory note. It is a method of crowdfunding in which lenders and borrowers enter into loan agreements through legally binding smart contracts.  As Markethive is built on the Blockchain, these contracts cannot be altered so they provide a level of security for the creditor that they can rely on. 

ILPs work by simply providing a way for creditors, (in this case, Markethive Members), to lend money to a company or project (Markethive), after entering into an agreement. The terms of such agreements are stipulated and embedded in a smart contract, stored on a blockchain for reference. This method provides an alternative way for companies to raise funds while leveraging blockchain technology. 

 

Markethive HQ In Wyoming, USA

Although Markethive is a global company and will have mining hives and crypto exchanges worldwide, its headquarters reside in Wyoming. Notably, as published in Forbes, Wyoming is the only US state that provides a comprehensive, welcoming legal framework that enables blockchain technology, both for individuals and companies. This is good news for Markethive and its community. 

Matthew D. Kaufman of Hathaway & Kunz, LLP, The Wyoming Law Firm™ and also the Lawyer retained by Markethive states that “…Wyoming is one of the most blockchain-friendly states in the United States…”

 

What Are The Benefits Of An ILP?

One of the key benefits of ILPs is the fact they are a form of a loan. These kinds of funds are not taxed as is the case with ICO funding in some jurisdictions where it can be up to 40% as it is seen as income. Due to the crowdfunding aspect of the ILP, it is considered as a loan hence  It is completely and totally compliant to the regulatory and UCC code which means it is not a security. The Incentivized Loan Program ™ is within the legal parameters (UCC) that govern the mainstream credit market. Markethive Members who decide to take part in this program are assured that their funds are well protected and cannot dissolve without a trace as seen by some ICO’s (Initial Coin Offering Projects) in the past.

ILPs are also regulatory friendly, in that they can be compliant even with the most stringent regulatory frameworks around the world when it comes to fraud and money laundering. Participants are required to submit identification to show who they are. This solves one of the biggest issues that have seen regulators criticize ICOs severely.

Furthermore, Markethive’s platform is completely incentivized, meaning all activities by users are rewarded with Markethive Coins (MHV). This pertains to all members not just ILP holders. While Markethive continues to enhance its system, moving forward with the implementation of numerous portals and hubs, also meeting the milestones laid out in the White Paper with the funds being provided, it is simultaneously building a complete ecosystem and already generating revenue. 

 

The ILP is not based on speculation but based on performance

Markethive’s ILP means Incentivized Loan Program. Operated independently from or in tandem with crowdfunding, the ILPs comparison to the speculative nature of the ICO and IEO ends there.  To find out more about how ICOs and IEOs work Check out this article 

Simply put the ILP means you are lending Markethive money via terms within a smart contract. With attractive interest and loan repayments based on Markethive growth milestones, the ILP also offers and incentive a perk as it is, of a token. This token is based on 1 full token equals one share of about 1000 assigned shares. These shares “share” 20% of the company’s revenue. Revenue projections are based on 4 years of operations with established growth rates in membership signups, revenue upgrades, and Alexa growth. In other words, traction.

Usually, there is zero protection for investors when it comes to investing in ICOs. Startups that issue tokens in lieu of funding often don’t provide anything in return that investors can claim to be a company’s assets or equity. These tokens are generally overhyped and investments are based on speculation. The ILP should appeal to the masses as its value is tied to the performance of the company rather than a token on offer as is the case with ICOs. What this means is that creditors will always enjoy a form of return in the way of interest from the net profit generated by the company after their loan is reimbursed. 

 

Markethive Hits The Mark

It was just a matter of time and some forward-thinking for the Blockchain and crypto to be integrated into Inbound Marketing and Social Media. It’s not just for the benefit of supply chain industries or crypto traders anymore. Blockchain-based technologies can provide marketers, bloggers, commercial artists, in fact, anyone on social media or marketing platforms, with greater benefits for their products and services such as fairness and honesty, freedom, better cost control, heightened security, and privacy

Below is a video by CEO Thomas Prendergast and CTO Douglas Yates, explaining all the added benefits of the Incentivized Load Program and Entrepreneur Upgrade. 

In Markethive’s case, ILPs are an effective way to engage individuals globally, who otherwise wouldn’t have the funds to participate, given that an IPO often asks for a hefty minimum dollar value. Markethive is one of the first to offer an ILP and will be one of the first companies to raise capital by decentralized crowdfunding of debt.
 
Albeit still in Beta, Markethive is already in operation, earning revenue and has a hybrid mixture of a full suite of inbound marketing tools and digital media sites with a dynamic integrated social network, the ILP will take the company to the next level. 

Here is a summary of some of Markethive’s accomplishments to date; 

  1. Proven Executive Team that has taken the first version of Markethive (Veretek, Inc) to over $50M in revenue per year, services over 200,000 members and 90 different companies.
  2. Through Markethive’s proprietary Incentive Loan Program, we have raised over $500K.
  3. Markethive has been in BETA for 4 years and at the end of 2018 had 2,000 members, to date we are approaching 60,000 members.
  4. At the end of 2018, Markethive was generating about $1,800 per month in revenue, to date we are approaching $12K in monthly recurring revenue.  We also have added 4 more revenue streams. We are increasing our revenue at a rate of approx. 30%-40% each month.
  5. Per Clouldflare.com and Oneall.com, Markethive has members in 187 countries. 
  6. Per Worthofweb.com Markethive.com domain’s raw worth is $2,360,800M up from 950K at the end of 2018.
  7. Per CoinRanking.com Markethive’s consumer coin has a market cap of $18.7B.
  8. Per Alexa rating, we have risen to 4th in the category of Blockchain Media sites with an Alexa rating of 12,379, up from 50,000 at the end of 2018.
  9. According to Cloudflare statistics, Markethive.com is receiving over 95,000 unique visitors a day and over 1M page hits each day.
  10. A total social reach of over 40K people and growing every day, add that to our community reach of over 60K+, then by the end of the year we project a reach of over 333 Million social media/internet users

Markethive has produced 2 coins. 

Markethive Coin (MHV) is a consumer coin. Used internally, it will create universal income for the user and a complete ecosystem for the entrepreneur, including the eCommerce portals to be implemented in due course. Plus the added benefit of liquidity once the  Markethive Exchange and e-wallet are implemented. 

Hive Foundation Shares (HFS) which is the FLAT, (Future Loan Access Tokens). HFS gives creditors the right to transfer loans to others, using Markethive’s Internal Exchange which requires members of that exchange to have a verified (KYC) Markethive account and Markethive wallet. (Currently in development)

The Markethive team says, “ILP provides a fast track alternative so more time and energy can be spent on business development. Last, but not least, because ILP is in the form of loans, it is considered to be debt, and not subject to tax.”

How does it work? 

The company first ask the creditors to register their identification, address and other information.

Then, they will digitally sign the loan agreement and send the nominated funds to Markethive’s registered account. Once the payment is received, the contract is made.

That means Markethive’s ILP holders will receive their prorated portion of 20 percent of Markethive’s net profit.  Initially, paying back the principle then payments continue for the duration of the agreement as interest payments. After the loan contract is made, Markethive will issue the Hive Foundation Shares.

 

In summary, The Incentivized Loan Program's key benefits are…

  • It's a debt instrument and not subject to tax and it compliant with the USA UCC code governing debt instruments. 
  • The company doesn't need to create tokens that are speculative and actually have no use.
  • It is open to individuals around the world as loans are allowed almost everywhere.
  • After the principal is paid you earn interest and will share in the success of the company. 
  • Very Easy to Participate – There are two options
  1. Sign up at Markethive.com for a FREE membership and then upgrade to the Entrepreneur level (available only to the first 1000 upgrades).  After every continuous year, you will receive a 1/10 of a full ILP and after 10 years you can accommodate a full ILP token.
  2. Or Purchase an ILP outright (priorities are given to ILP purchasers) Contact Douglas @ cfo@markethive.net

Secure your future with the next generation Social Market Network offering you the perfect system for real long-term success, financial freedom, and a place you can call home. This is truly the complete ecosystem for entrepreneurs. 

PARTICIPATE NOW BY CLICKING HERE TO SECURE YOUR OWN VALUABLE PIECE OF MARKETHIVE

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

The Reality Of Multi-Level Marketing

The Reality Of Multi-Level Marketing

Over the past few days, I’ve been doing some intensive research about Multi-Level Marketing (MLM) Companies and the people they seem to attract. During my research, I have found there are opposing views to the extreme on the subject which makes it a difficult topic to discuss. There are some who are passionate about it with well-known celebrities advocating, to the point of being an ambassador for a company. [If they are in it, it must be good!]  And on the other hand, if you admit you are in an MLM company people will run a mile and avoid you like the plague. 

There are some reputable MLM companies out there because they focus on the product more than the pyramid structure of recruiting. However, the problem with many multi-level marketing companies and the reason the industry has such a bad reputation is that they make it intentionally complicated, vague on important details and the overhype which gives the recruitee unrealistic expectations. 

It’s also difficult to establish whether or not the company is built around the consumption of the actual product or the premise that you need to bring in more people under you to succeed. If you scan the internet you will find dozens of negative articles such as “What’s Wrong With Multi-Level Marketing?” and very few articles in favor of them. 

 

Reputable Studies On Multi-Level Marketing

About one in thirteen people of 18 years plus have participated in at least one MLM company according to the AARP Foundation. But do these people really make money or even a modest living at multi-level marketing? What is the actual likelihood of success? 

The AARP Foundation did a study that explores the mindset, expectations, and experiences of MLM associates. The results can be found in this report titled “Multi-level Marketing: The Research, Risks, and Rewards.”  The study points out that while it’s possible to achieve some success with an MLM organization, it’s not common. 

The study found that 44% of associates dropped out after less than one year. Another study conducted by Jon M. Taylor, Ph.D., founder of the Consumer Awareness Insitute goes into a little more depth on dropout rates: 

  • A minimum of 50% of MLM representatives drops out in the first year.
  • A minimum of 90% of representatives leaves within five years.
  • By year 10, only those at or near the top have not dropped out—which means at least 95% of representatives have dropped out.

Notably, around two-thirds of the associates in the AARP Foundation’s study said they would not join the same MLM company after knowing what they know now. 

 

How likely are you to be able to make money in MLM? 

The fees and money for products that need to be invested or outlaid by associates to be able to participate and/or keep their status within an MLM company have run into the thousands. Notably, a very high percentage of people have never recouped their expenses and in reality, only a tiny percentage of representatives actually succeed in making the high earnings promoted by some companies. Some don’t make money at all and some, unfortunately, lose money. 

The AARP Foundation study showed that only around 25% made a profit with MLM, 27% broke even and about half of them lost money. Of the 25% that made a profit: 

  • 14% made less than $5,000
  • 6% made between $5,000 and $9,999
  • 3% made between $10,000 and $24,999
  • 3% made $25,000 or more
  • .05% made $100,000 or more

Interestingly, the ARRP Foundation found that 52% of MLM associates said the company’s representation of achieving financial success was “not too accurate” or “not at all accurate”. Taylor produced a staggering conclusion from his research saying that 

“On average, one in 545 is likely to have profited after subtracting expenses, and 997 out of 1,000 individuals involved with an MLM lose money (not including time invested)”

 

In this video, John Oliver, the comedic host of Last Week Tonight, gives a passionate and satirical presentation about certain MLM companies in light of the events regarding Herbalife and the Hispanic community that was burned by Herbalife as portrayed in the movie documentary  “Betting On Zero”. 

 

Who Do You Trust?

There are some well-known MLM companies that are product-centric. The recruiting component is secondary. The company gets most of its revenue from products or services, not new customers. This means they have compensation plans designed around the product sales at which you are more likely to generate a substantial income on the products alone and not be reliant on the number of recruits or their sales. Additionally, they have a large customer base that are not distributors of the company. 

Before joining an MLM company, it’s crucial to research the company and products thoroughly. Be sure the products are something you believe in and trust. It’s hard to promote something you don’t believe in. I would go so far as to say love and use the product and above all love what you do. It’s a well known saying, “If you love what you do, the money will follow.” Ok, well… It sure beats doing something you don’t like. 

When a company or its representatives display grandiose tactics and hype over the premise of making big money especially with very little effort, it’s a red flag. It seems to me that since the dawn of the internet there are many more MLM’s and money-making programs promising this, which has bred a culture of laziness and desperate people expecting big things in return for little or no work. 

 

Referral Companies – Loyalty Programs – A Win/Win 

Referral companies seem to have the secret sauce when it comes to market growth and sustainability, and it’s not at the risk of pyramidical saturation or loss of financial outlay. Companies that have referral programs use cost-effective marketing strategies by rewarding existing customers or associates to spread the word about the company and its products. By the same token, new customers are rewarded for joining.  This can be in the form of cash, discounts, redeemable points, subscriptions and now in the new era of blockchain, we have cryptocurrency, airdrops, and faucets.

 

Successful Companies That Have Championed Referral Programs

PayPal They literally gave away free money. Referrals helped Paypal achieve up to 10% daily growth increasing their user base to over 100 million members. The company dropped the refer-a-friend bonus upon reaching a critical mass of early adopters but kept the merchant bonus until they reached their target numbers. 

 

Dropbox Modelled after PayPal, Dropbox’s referral program, they added a double-sided referral program, where both referrer and friend were rewarded. They permanently increased signups by 60%. The referral rewards were extra storage space which was key to usage and enjoyment of their product.

 

AirbnbIn 2011, 3 years after its initial launch, Airbnb first tested the new referral program in a hugely successful closed-beta program of 2,161 existing members, which brought in 2,107 new members, nearly a 1:1 ratio. It has since seen remarkable growth especially with loyal advocates like the very enthusiastic single user in China led to thousands of signups and hundreds of bookings in a single month. 

 

UberUber has run multiple referral programs at once, for both passengers and for drivers – and set the benchmark for future ride-hailing apps. Uber has covered more than 50 countries in 3 years. With a referrer’s Invite link and a clear call to action to refer friends makes it easy and simple. The bar at the bottom of the image is a clever piece of gamification. Let’s face it, people love games and who doesn’t want to fill up progress bars? 

 

Evernote Their referral program relies on a point system and has a dual-sided referral incentive program that either gives people additional space or premium membership. Notably, the clarity of what constitutes a referral is clearly defined. Once the referral has signed up, they must also sign in. Their Cloud Notebook has been extremely popular, acquiring their first million users in 14 months and hitting 11 million users two years later.  

 

MarkethiveBeing the first Social Market Network on the blockchain with its own crypto coin (MHV) and exchange is leading the way with cryptocurrency referral incentives and loyalty programs. MHV is an open-source digital value transaction technology that can be made accessible to cryptocurrency exchanges as well as used for transactions between Markethive’s Market Network participants, and to pay for products and services, etc.

Currently, still in beta, the active user base has gone from 4,000 to 56,000 in a few short months entirely by word of mouth and growing exponentially. In less than a year Markethive has grown from obscurity to rank in the top 5 of companies in the blockchain media companies with an Alexa ranking of 11,500 as of Nov 2019. Markethive rewards active members with airdrops and faucet like payments, and members that upgrade with ILP holding options. New referrals receive 500 MHV coins upon joining. This is an evergreen referral program with loyalty rewards, gamification, and competitions built into the ecosystem making it a fun, lucrative and rewarding platform for all subscribers. 

 

Conclusion 

Once upon a time, before the internet, the only avenue available was MLM opportunities for the average person with no experience to give it their best shot and try to make an income or at least supplement their wage. 

For the last 25 years, we’ve had the internet where so many more opportunities popped up, good and bad. The trick is to identify and be wary of scams with buzz words like “get rich quick”, “fire your boss” and “no effort required”. There are many unscrupulous individuals and companies sadly, that prey on desperate, naive people who dream of becoming successful online and securing financial freedom. 

Coming to the fore we now have blockchain technology which allows a more level playing field providing transparency, privacy, autonomy and equality with more opportunity to reach self-sovereignty. Coupled with honorable companies and noble individuals at the helm who integrate, utilize and pass on the benefits of this decentralized technology is a real win/win in my book. I believe it’s definitely getting harder for the scam artists out there. The end is nigh, people are waking up.  

Are you one of the 97% who lost money in MLM? Can you see the magnanimity of the blockchain era and how it can affect us all very positively? 

 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

JOHN MCAFEE – A Few Pearls Of Wisdom

JOHN MCAFEE – A Few Pearls Of Wisdom

John McAfee, now 74 years old, a libertarian, a computer whizz and cybersecurity guru who became a household name with the McAfee Antivirus software, now living a bohemian and somewhat quiet lifestyle somewhere in this world.  He communicates from a faraday cage, where no signals from a device can get out of the foil-lined cage, therefore making him and his message to his followers and anyone else who’ll listen, untraceable. 

The last six months of John McAfee’s life have been interesting, to say the least. John McAfee, accompanied by his wife, Janice, was chased out of the Bahamas for ruffling feathers after he accused the Bahamian anti-corruption czar, Paul Rolle, of corruption. McAfee pointed out the reason for going into exile in the Bahamas is that he couldn’t be easily extradited back to the US from there because the Bahamas does not have an income tax. His argument was that “tax evasion is not a crime in the Bahamas”. Adding to that he has mentioned the possibility of a US strategy that is to “unlawfully collect” him 

Subsequently, they arrived in Cuba where the authorities of Cuba notified McAfee that the US government asked them for the fugitive’s return to the United States. Instead, the Cuban Government stipulated they would prefer if McAfee and his wife left Cuba and gave them 72 hours to leave their country. 

From there they spent a few days at sea, then ventured into the Dominican Republic where they were surrounded by soldiers as soon as they reached the Port. They did manage to elude them once more and now live in an undisclosed location.  According to McAfee, these events were caused by the CIA’s attempt to get him back to the states and answer to charges primarily for tax evasion. McAfee considers the CIA to be “the great monster at the heart of America”. He has also previously warned that there’s an attempt by the U.S. to “silence” him. 

 

The McAfee Dex

In spite of all this, John McAfee still manages to get his decentralized exchange up-and-running. The McAfeeDex, a completely distributed exchange means it cannot be totally shut down. It is still in beta and it already has over 30 different portals, different domains and services globally make it impossible to shut down. 

By the end of the year, there will be over 100, as more and more tokens join the exchange, the latest being Tron and Binance and EOS will follow.  McAfee’s motivation to create the DEX was to challenge the SEC. He wanted to build something the government could not interfere with.  His objective is to solve the cross-chain issue and by the Q2 of next year it will be able to execute true cross-chain transactions allowing interoperability.

Cross-chain protocols, or so-called atomic swaps, allow you to exchange one cryptocurrency for another, even between two different blockchains, without the help from a third party. It's basically a variation of smart contract technology and hash time-locked contracts.

 

McAfee Movie – King Of The Jungle

He continues to communicate his out-of-the-box thoughts, philosophies, knowledge, and beliefs to the world and seen as an authoritative figure in the Blockchain and crypto realm, along with his avid stance on privacy and freedom. Being an interesting and controversial character, Hollywood is making a movie based on a 3-week segment of his life while in Belize back in 2011

The movie centers on Wired magazine investigator Ari Furman, who accepts what he thinks is a run-of-the-mill assignment to interview McAfee. Once Furman arrives in Belize, however, he finds himself pulled into McAfee’s escalating paranoia as he becomes a person of interest in the murder of a neighbor. 

Michael Keaton was set to play the part of McAfee however, There are rumors that he has since exited, which is a shame. I thought he would’ve made a sensational John McAfee. Zac Efron will be playing the role of the journalist, Ari Furman which was originally assigned to Seth Rogan. It will be interesting to see who will play McAfee. The project has been in the works for several years now and the producers are hoping to finally start shooting in early 2020. 

 

A Few Pearls Of Wisdom From John McAfee

If you have been following McAfee you would know he has taken a great interest and love for what cryptocurrency and the blockchain can do on a global scale, not only for the first world but the third world countries. No matter where we are from we are all suppressed to some extent and this technology is able to free us from the tyranny and instability we all face.
 
In a recent interview by Crypto Finder, McAfee explained,

“The blockchain and cryptocurrency offer us, as citizens of the world an opportunity to free ourselves from the financial cage in which we are dependant upon the fiat currency which is controlled by the centralized entities which in turn controls us. Crypto gives us a currency free from control and observation of the governments.”   

At the heart of all this McAfee passionately maintains that privacy is the central element of freedom. We can’t be free without privacy. As he puts it, 

"You could not survive, without your right to choose your level of privacy, constantly, every hour, of every day of your life"

McAfee also says governments are not afraid of Bitcoin, simply because quite likely it won’t be the standard-bearer in terms of use. It’s slow, clunky, it has no privacy or smart contract features. It’s basically old technology now, however, people love bitcoin and it will always be our standard of value for investments, at which altcoins are aligned. 

According to McAfee, the cryptos that governments are afraid of are cryptos that we use like Monero, Ethereum and other privacy coins that have an impenetrable technology and a definite use case which can be utilized by the individual country or community thereby creating an ecosystem in which all will benefit. 

The general consensus at present regarding cryptocurrency is to amass and hodl in the hope it rises in price or capitalize on the volatile nature of crypto by buying and selling or trading to make a profit. There seems to be the idea that crypto is intended to make one rich. And although it has happened in the past to the few who invested early, the technology or currency was not originally meant for that to be the case. 

Crypto is meant to be used, in other words, transacted with. Cryptocurrency is predominantly thought of as an investment, however, all that does is create volatility and fluctuation. It is arguably presumed by everyone who enters the crypto world that is it only for exchange.

Interestingly, John McAfee does not invest in cryptocurrency. He continually implores people to use crypto for its intended use. Not just trading in the hope to get rich. 

When asked what does he think is dangerous to the crypto world, McAfee says, 

“What’s dangerous is the users who insanely invest in crypto and not using it. It’s madness! If we don’t use it, the hope of getting rich with it is shattered. Everyone thinks crypto is for exchanging. It’s for transacting, buying things with crypto.” 

McAfee’s views on the Libra coin are not surprising. In fact, any central bank digital currency that is being proposed McAfee says “is the holy grail for totalitarian governments”. Facebook is saying they want to empower the users of their coin. The fact is, Libra doesn’t empower anyone but facebook. On the contrary, everything you do now will be monitored financially. Not just what you’re buying or who your friends are and who you are talking to. 

As McAfee points out,

“Libra is an abomination. Libra is not the spirit of cryptocurrency. It’s just Facebook leaching more and more into your being.” 

 

 

John McAfee speaks at the Barcelona Blockchain Week conference and sheds light and opinions on  Blockchain, crypto and Facebook’s controversial Libra coin. 

“Blockchain is the first world-changing technology in the past 100 years that didn’t come from the bowels of a secret government development or CIA, Samsung, Apple or IBM. It came from ordinary programmers who are ordinary people and now been with us for 10 years when it was brought to light by Bitcoin.”

Prior to that, it was first conceptualized in 1991 by two engineers when they wrote many papers with the idea of creating a timestamped digital document. Essentially they set out to create an immutable ledger. Many consider this to be the first incarnation of blockchain.

Starting out and making his mark with the McAfee Antivirus software, being a mathematician and engineer in his own right, John McAfee is certainly a person people refer to with his wealth of knowledge and experiences. His forthright manner and disruptive views are all about waking people up to what’s happening in the world. His passionate nature and constant use of expletives are what make McAfee who he is as many have come to admire the vigilante. Love him or hate him he makes some good points in this video… 

The Take-Away

It doesn’t matter how many cryptocurrencies are out there. All that matters is the fact they are usable and functional. That they have a use case and have the velocity within an ecosystem. We need to understand the power of cryptocurrency not built by governments, but built by the people and offers us for the first time in human history, the real chance for absolute financial freedom, where your crypto wallet is your bank. 

While listening to this video and John McAfee’s pearls of wisdom I immediately thought of what Markethive is doing for and with its community that is very much aligned with McAfee’s reasonings. It is building an ecosystem offering privacy and autonomy with the opportunity for everyone to realize their potential, become self-sufficient with the freedom and infinite potential of financial sovereignty. 

There is a great purpose and a complete ecosystem of products and services built around the Markethive consumer coin. The Markethive Coin is not dependent upon speculative value as is the case with many other cryptocurrencies and platforms and is a fundamental difference to the other systems out there. 

 

The Markethive system has been developed to produce revenue in the traditional sense with the added benefits of the blockchain taking it to the next level. The revenue is a vehicle that is used to buy the Markethive Coin back in the free market so it can be redistributed into the economic vortex of the system. 

Coupled with numerous domains, a powerful social matrix, and the eventuality of quantum computer technology and mining hives, Markethive will also be impervious to central authorities and will be the ultimate ecosystem that the people need and are looking for whether they realize it or not. It champions all aspects of decentralization, privacy, autonomy, freedom of speech and self-sovereignty with the community’s best interests at heart. 

The future of the global economy will be all about cryptocurrency. It cannot be stopped and it’s not going away. With interoperability becoming more viable with evolving technology at a speedy pace, the Markethive economy with its coin (MHV) will be a resourceful entity in the blockchain and crypto world. Once all operations are integrated along with the steps to ensure long-term sustainability as the community grows, the MHV coin will inevitably increase in value securing your success and prosperity within Markethive and beyond. 

The world needs advocates with soul and heart like John McAfee. Granted, his methods are extreme and unorthodox, but he’s doing his absolute best to “wake people up”

God Bless John McAfee and God Bless Markethive. 

 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

Blockchain – The Answer To An Inequitable Marketing Industry

Blockchain – The Answer To An Inequitable Marketing Industry

More and more people are looking for online solutions and opportunities as they realize this is where it’s at when it comes to either creating an income or advertising their business. It can be overwhelming and a real challenge when getting started and the utter extent and scale of the types of marketing available ranging from SEO, search engine marketing (SEM), social media, Inbound marketing, email marketing to native advertising, otherwise known as paid ads or sponsored posts. 
It has become a real jungle out there, and the growth in online marketing over the last five years has been substantial. The statistics of what is trending say; 

  • 61% of marketers believe growing SEO or organic presence is a high priority of inbound marketing. 
  • Businesses earn an average of $2 in revenue for every $1 they spend on Adwords. 
  • Businesses that show up on the first page of search results get 92% of consumer traffic. 
  • Google has a 92.78% search engine market share as of October 2019

 
Search Engine Optimization can be relatively cost-free, however, it produces lower-ranking results due to slow optimization. As more companies are vying to be in the first five of the first page in the search results, many of them are going to paid search options. With PPC (pay per click) there is an opportunity to get on the first page within a day as the strengths of paid search are its speed and expansiveness. The cost can reach into the thousands, especially if a professional firm is hired to manage it full time which arguably is the recommended way to go for optimized brand exposure.  
With more people opting for these services, there is more likely to be extreme risks involved. It’s opening the doors for more data breaches which are happening more often and with an increasing number of users’ records acquired by potentially dangerous and unscrupulous entities. Hackers are continuing to find new ways to access databases and the companies who manage these records display little confidence in their ability to protect first-party data. 

 
How Can Blockchain Help The Marketing Industry?

The online space, on the whole, is improving with the advent of Blockchain technology. Many industries are utilizing the blockchain to improve performance and align their objectives including marketing companies. Marketing strategies and entities like Google Ads, Facebook or any other ad companies for that matter are supposed to help businesses bring traffic and increase lead generation, however, a big issue is the black hat SEO practitioners have infiltrated the industry and have created ad frauds as a significant source of revenue. 

What’s The Difference Between White And Black Hat SEO?

White Hat and Black Hat SEO are both known elements of the SEO industry. These deliver services that are either the right side or the wrong side of what is considered to be ethical. White hat plays by the rules taking a slower, labor-intensive approach to boost search rankings. Black hat SEO companies often use shifty tactics to trick the search engines into providing higher rankings.

 


 

With blockchain technology comes transparency and immutability which eradicates ad fraud and the possibilities of fake click-through rates and bot-driven traffic. Synonymous with the reasons why we now have cryptocurrency, the important and vital advantage of blockchain is to bring transparency to the advertising world. The superiority of blockchain technology and the immutability or tamper-proof characteristic of the distributed ledger system will bring genuine players making an ecosystem of fairness and opportunity with the tools, counter black hat SEO techniques, and fake user eradication. Here are 4 attributes…

  

Market Transparency

The fact that Blockchain is an encrypted, decentralized database of distributed and interlaced nodes, it is suited and can be integrated into all forms of digital marketing. It can solve many issues that come with digital marketing, such as data privacy, security and content monetization. Companies cannot manipulate data so users can feel at ease as the Blockchain data is transparent. 
 

Consumers Regain Control Of Their Information

Marketing companies will no longer be able to extract customer’s information without their permission. It will be a case of earning their consent. There are some blockchain data companies now paying consumers for the use of their contact information and attention. Killi is one App that launched in May 2019 paying users for their data. Every transaction occurs through blockchain, which solves the compliance challenge inherent in regulation such as GDPR or California's Consumer Privacy Act with regards to securing data, the company says. Users, meanwhile, have a full record of who exactly has purchased their data. This gives the consumers full control of their information. 

Brandon Galindo, an account manager at eMarketer, says he downloaded the Killi app partly because of privacy concerns. "Right off the bat you're asked to insert your identity, phone number, allow persistent location and enable Advertising ID," he says regarding his experience in signing up. "Brands can reach out to you, but it is so much more transparent; I'm the one that is asking for this and I am the one who is allowing you to have my data."

 
Security Benefits And Data Protection

With meticulous data protection regulations like the GDPR, marketing companies can leverage blockchain technology to store huge volumes of client data securely. Furthermore, due to the regulatory agreement of the GDPR, it will require marketers to acquire consent which can also be managed on the blockchain. The integration of blockchain technology will change online marketing as it offers incomparable benefits for marketers in terms of performance, security, and transparency with enormous possibilities. End-users will have more control over what companies can send information to them and companies will more easily be held accountable for their actions and lack of transparency. 

 

The Marketing Intermediaries Eliminated

Without blockchain, if a company wants to offer banner advertisements on its website it has to do so through Google AdSense so that no unethical businesses will take over your ad space. This is where Google processes the transaction and charges a fee for its part in the deal. Companies won’t have the need to go through a third-party platform such as Google with the blockchain structure. That’s because blockchain users can be verified through their networks. People would know they’re getting what they’re paying for as opposed to potentially paying for clicks that aren’t genuine.

The other thing to consider is the rising percentage of zero-click searches on Google. That means Google is displaying the answers to many queries on the SERP so there is no need for a user to click on any displayed links, thereby reducing the traffic to other content or websites. Some have said, the rise in zero-click searches which was at 50.3% in June 2019, maybe another indicator of Google abusing its power as a huge portion of clicks are going to Google’s own sites. 

So basically, Google has gone from being everyone’s search engine to everyone’s competitor. If you’re a marketer that relies heavily on Google, there are still opportunities where you can pretty much bypass the search engines and grow your brand and presence outside of search.

 

Many marketers depend totally on SEO in their business so they need to be aware of the issues that may be causing the drops and lower-ranking, and what is now available to them, or they may well continue to lose traction. As more consumers become blockchain savvy and companies start to integrate it into their operations, it will change the digital marketing world as we know it. It will become less expensive achieving better results and the novice marketer and small business will be able to compete. 

Community Is Key

This is where a hybrid Market Network can take the reign and run with it. Markethive, with its new blockchain technology mixed with traditional Inbound Marketing, Commerce, Social Networking, and Digital Media, is not reliant on Google search engines or any other for that matter. SEO is a secondary consideration. It builds its own society and its traffic is contingent on the Markethive membership driving more traffic in, due to the nature of its platform, what it has to offer, the viral aspect and rewards system in place. Just one of the attractions is that Markethive is not dependent upon Google.

 

What Is Markethive? 

Markethive with its deep level linking dynamics is a multi-dimensional, social organizational integrated system. Integrating Vast Social networks reaches, internal social network connections, unlimited interconnected WordPress blogs, the vast API news sites like NBC, Wired Magazine, Bloomberg, Western journal, Mashable and 1000s of other news sites, that continue to expand due to the power of your own Markethive network and the collaboration of separate Markethive groups all working in union with each other. 

The ability to register and assign your many social networks into the Markethive matrix produces a reach literally into the billions. Markethive is an upcoming Market Media and Content Publisher offering Press Releases and Sponsored Articles at a negligible cost and with a reach well beyond existing social and market networks. After comparing 480 other news media sites with regards to their social reach and followers and Alexa ranking, Markethive sits within the top 5 with an Alexa ranking of 11,436 at the time of writing. This continues to drop daily as subscribers flock to join the Markethive network. 

Blockchain Technology and the cryptocurrency sphere have enabled businesses to align themselves with the users’ need and right to be in control of their data and how they use their time to monetize their efforts. Markethive, with their mandate being the rise of the entrepreneur and the fall of the tyrannies that plague society was created by a visionary who saw this coming and much needed to empower marketers, create equality and universal income to enrich society on every level. 

Visionary, Founder and CEO, Thomas Prendergast, says Markethive is…

 “Marketing that is so effective it’s like printing your own money.” 

 

 

Markethive has built a system on the Blockchain to empower the Entrepreneur, offering privacy, freedom of speech and importantly, autonomy.  With its valuable Inbound Marketing system, integrated within a Social media platform, loyalty and bounty programs, Banner Exchange & placement, with multiple Commerce portals, Storefronts, Blogging platform, and Digital Media Platforms offering Press Releases and Sponsored Articles. These tools and integrated platforms are either free to use or at a fraction of the cost of other companies.

All of this on a blockchain foundation, which above all the other benefits, allows Markethive to pay its members to engage on the platform. This includes free members as well as those who have upgraded to Entrepreneur 1.

Thanks to blockchain, the soon to be released Markethive wallet and cryptocurrency exchange will then allow Markethive members to either convert and withdraw their earnings or buy products and services offered by members within the Markethive ecosystem. 

 
Conclusion 

Markethive, 20 years in the making has had the forward-thinking and tenacity to integrate the latest technology to deliver a complete ecosystem for anybody aspiring to work online. With the precarious actions and monopolizing tactics we are now witnessing to what was a lucrative and fair system to gain traffic and exposure, it’s obvious we need to do things differently and bypass the monopolies. There are now genuine opportunities to make your mark online as well as reap rewards and prosper. 

What is being realized is the need for a community-driven ecosystem, with a collaborative mindset that offers a broad spectrum of services that cover all niches, and offers Universal Income for all. Anyone with a passion and looking for a presence online, and a fair and equitable opportunity to attain financial freedom and prosperity, be it commercial artists, writers, bloggers, vloggers, merchants, and entrepreneurs. In fact anyone from any background. Markethive is for the people and by the people. In essence, it gives the power back to the people.

 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

Digital Marketing – Inbound Marketing Same But Different?

Digital Marketing – Inbound Marketing
Same… But Different? 

In the world of online marketing, we encounter a lot of jargon. Terms like inbound marketing, SEO, digital marketing, conversion, PPC, call-to-action, outbound, content marketing and so on. One that many find confusing is the difference between digital marketing and inbound marketing. 

On the surface, the two seem similar: Both occur primarily online, and both focus on creating digital content for people to consume. But there is a difference, albeit you undoubtedly use some digital marketing tactics in your inbound marketing strategy. 

The term "digital marketing" doesn't differentiate between push and pull marketing tactics or what is referred to as ‘inbound' and ‘outbound' methods. Both still tend to fall under the umbrella of digital marketing.

 

Digital Marketing 

The term digital marketing is often defined as an across-the-board marketing tactic that’s done on a digital medium. Digital marketing is the use of the internet, mobile devices, social media, search engines, display advertising, website banners, and other channels with the aim to put a marketing message or advertisement directly in front of as many consumers as possible, regardless of whether it’s relevant or welcomed. There is a lot it can be used for, but the term really doesn’t indicate any sort of strategy. It’s more like a toolbox that has all the marketing tools you can utilize to be seen online, acquire more traffic and increase brand awareness. 

 

Inbound Marketing 

Unlike digital marketing, inbound marketing is a clear and prescribed marketing strategy that has definitive steps and best practices. Inbound marketing does use a lot of digital marketing channels, however, it’s a set methodology that works to attract qualified visitors and generate leads. It is a continuing, holistic strategy that embodies a set of specific steps. It’s more of a philosophy that puts customers first and the digital marketing tactics help you to achieve that philosophy. 

 
Brand awareness + Short term goals = Digital Marketing

If your goal is to get your brand out there and get just anyone to visit your website, then a few digital marketing approaches may help. Using digital marketing methods alone only works to solve short term goals like increasing traffic to your website. 

For example, you can run a Facebook Like campaign or place banner ads, but those techniques alone will only produce results that are limited to those actions. A Like campaign will almost surely get more likes and banner ads might get more people to your site but that’s about the extent of it. If you’re wanting to generate leads that convert to legitimate, qualified customers, an inbound marketing approach is a proven way to go.

 

Qualified leads + Long term goals = Inbound Marketing

An Inbound Marketing strategy uses each of the digital marketing tactics and incorporates them into a greater strategy creating results of each tactic. Effective inbound marketing strategies consist of creating useful and interesting content that appeals to qualified leads. Developing landing pages and calls-to-actions that capture the contact information of the people who have shown an interest in what you are offering and deploy email campaigns that are relevant to those specific contacts. 

Ultimately you’ll have created a full strategy that makes each of the digital marketing tactics work hand in hand to create a whole that’s greater than the sum of its parts. This performs long term to continue to deliver qualified leads and boost your conversion rates over time. 
  
Inbound marketing is like playing the long game. it leads to more solid, consistent results, adding value at every stage of your customers’ buying journey. 

Digital marketing is playing the short game, where you get immediate results, but very often they’re not worth as much in the long term. 

 

Content Creates Trust

Content is an important component of Inbound Marketing. Blogging or writing articles of helpful information discerning their needs and defining a solution even if they aren’t aware they have a problem or a need initially, is a great way to build trust. Informative content that anticipates the prospects’ questions and needs is the best practice to demonstrate that you genuinely care about the consumer. 

A study showed that 78% of purchasers want to build genuine bonds with companies offering customized material, which is content that has been created specifically for the customer that has purchased.  Another report demonstrated 53% of consumers were more willing to buy goods and services if they previously read an article about it on the internet.  Needless to say, this applies to all types of conversions in any industry.

Content Is The Best Approach To Millennials

The main consumer segment will very soon be the millennials which are people born from the 1980s to the early 2000s. One of the standout features of this generation is that they do not trust traditional advertising. They don’t even notice it. Traditional advertising fails to speak the language of generation Y, but blogs or articles do. 

 

But It’s Not Just The Younger Generations 

Many studies have been conducted involving thousands of men and women of all ages which demonstrated that most of them do not even closely trust advertisements alone.

70% of people made the decision to purchase on the advice of a friend or family member or because they saw the blog post about the company on the internet.

55% purchased after reading an article online. In fact, 70% of buyers prefer to learn about the company from articles, not from an advert. 

If we want to appeal to all customers of today, we need to produce engaging content and have it in front of our audience wherever they may be. Fundamentally, the real value of informational content is the fact that it is portable. In other words, being viewed on many different platforms creating an overall presence and exponentially increasing your reach. Creating quality content is a good investment and you will feel the effects of your investment for a long time to come.

New Era, New Attitudes, New Technology

We saw how the internet changed traditional offline marketing back in the 1990s. Now we will witness how Blockchain will transform the digital world in terms of marketing and advertising. The essential objectives of building trust and nurturing relationships will never change, but will Blockchain technology be able to clean up and enhance the industry?  

There are many ways that blockchain can assist marketers and consumers and improve a somewhat chaotic space. It can bring transparency and honesty to the marketing table that has been inundated with a huge amount of spam and bots. 

Greater transparency strengthens trust between brands and customers. One example is since Walmart and IBM collaboratively introduced blockchain, customer confidence increased.  Thanks to blockchain, Walmart’s supply chain became more transparent and customers were able to track the origin of the products.

Copyright Issues Solved With Blockchain

There is a solution to the copyright problem which gives more control tools to creators. Article 11 (link tax) and Article 13 legislation which is designed to stop users from uploading copyrighted content by forcing platforms to build massive filters or face huge lawsuits and fines, seems to be an archaic and inadequate solution and would impede online development and innovation. 

A more appropriate response is needed to protect not only artists and their creations, but also the platforms that enable mass content sharing. Platforms that have shaped the internet and have connected our world more inclusively and comprehensively.

Markethive with its blockchain in development and broader vision gives you your own domain for all your content, videos and images to originate from. When you join Markethive you receive (for free) a CPanel which is a control panel and WordPress system built into your assigned domain, a subdomain of hivesfeed.com. This way you control all your content, without the worry or hassles of government overreach and anti-freedom regulations designed to stifle the small entrepreneur. 

It is a marketers dream and a complete solution. Markethive has integrated the digital marketing tools along with an inbound marketing system and it’s built on the blockchain, giving you privacy, transparency, freedom of speech and the autonomy you need to overcome any obstacles experienced on the internet today and let’s not forget you get paid for using the system while marketing your business. 

Blockchain Gives You The Edge

The internet has become so noisy that it’s not that easy to attract attention. Furthermore, there are so many platforms and choices willing to assist you in your marketing efforts. You need an edge and Blockchain can give you that edge. Companies that have adopted the blockchain technology can offer cryptocurrency in the form of loyalty programs, micropayments, etc which levels the playing field bringing new ways to earn an income

 

Is Blockchain Harmful to Marketers? 

The only way blockchain can harm marketers is if they refuse to accept and learn about this new technology and become proficient at it. This is just the beginning. In the early 90s, no one even dreamed of search engines, social media, and smartphones. Today, blockchain takes us to new heights of self-sovereignty as the possibilities of Blockchain Technology and Cryptocurrency are almost endless.  

 

Conclusion

It is an exciting time in marketing, as marketers start to realize the benefits of blockchain technology. Above is an outline of just some of the ways it will transform the marketing industry. Additionally, there have been numerous studies asserting that blockchain technology is destined to disrupt the fundamental nature of the global economy, including major changes like:
How organizations are funded and managed, how companies create value and how businesses perform basic functions such as marketing, accounting, and incentivizing people. 

 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

What Is A Market Network?

What Is A Market Network? 

Back in 2015, it was exhibited that the next 10 years would be all about Market Networks whereas the last decade was focused on Social Networks. There were a few companies mentioned that were deemed to be market networks and essentially had the key factors of a market network and what it is purported to be. However, since then we have gone next level with blockchain technology. But has any of those market networks actually adopted this new and beneficial technology?

 

So what exactly is a Market Network?

 A market network is a combination of a marketplace and a social network that includes SaaS which helps the individuals in the market network to work with customers and other service providers to build relationships rather than just quick transactions we experience on eBay or Amazon. 

Marketplaces are essentially about selling your product or service even though reviews of goods purchased by the customer are there to guide potential customers’ purchasing decisions. However, marketplaces are predominantly where buyers and sellers meet for one-off transactions. Typically, marketplaces are an accumulation of sellers. 

 

We all know what social networks are. Over the last 15 years, most of us have participated in Facebook or Linked to communicate with people and build relationships for whatever reason. However, commerce is not the core objective of social networks. 

 

SaaS (Software as a Service) are business applications, including email and collaboration, customer relationship management (CRM), billing/payroll processing, sales management, human resources management, financial management, database management, enterprise resourcing planning (ERP), content management, and document editing and management.

So what we had was two separate places for your online presence and commerce. A marketplace to sell stuff, and a social network to build relationships. The SaaS doesn’t exist on these platforms, that’s separate and an added expense for business owners and marketers.

But what if you provide a service that is more involved than a simple buy-sell transaction. On top of that, what if you need collaboration with other professionals in your industry to form a team to provide a complete service?

Well, that’s what market networks are all about. In the market network, you are a service provider, but also a person with a profile, with history, reviews, score, etc. You can team up with other people to provide a complex service to a customer and channel the workflow through a SaaS solution.

 

How Does Blockchain Fit Into The Market Network Model? 

To be successful in online branding and operating a business in the ever-expanding internet world, you must maintain your profile in many networks, social and market. It’s difficult to effortlessly scale your reputation from one network to a different one. They are pretty much isolated from each other and they can’t communicate with each other, nor do they really want to because they generally belong to someone. And it so happens that “someone” is never the community that brings value to the platform.  It’s not easy for a centralized market network to diversify among service providing platforms and it takes a lot of effort to build and maintain individual profiles that you can only use in an isolated network. 

What if your online identity always belonged to you, not a service or platform? And also, the reputation of your branding was maintained by the network and that network also belonged to you? In other words, a decentralized reputation that would enable you to plug into any other centralized network. You see, when your reputation is decentralized, the entire digital space becomes your network. 

Blockchain is the ultimate framework or infra-structure tool that gives individuals true ownership of their digital selfhood and reputation. It creates self-sovereignty.  

 

Decentralization In The Marketplace

Decentralization has many features that are beneficial for industries and users around the world. Reduced fees, increased efficiencies, removal of biased agendas and tiers of corruption and greed.

There have been companies like Airbnb and Uber that introduced a new era allowing people to rent out and monetize items. Or eBay and Etsy allowed people to sell products online and Upwork and Fiverr helped freelancers to sell their services. At this stage, these companies are all centralized and very linear with no collaboration between them.

Enter Blockchain.

A decentralized marketplace allows for true peer-to-peer transactions without centralized authorities taking their fees. This is made possible through blockchain technology and smart contracts. We no longer need the trusted third party verifying sellers and ensuring payments. 

 

Decentralization In Social Media

The traditional social media platforms are losing their edge, and their users have taken a massive beating. While some have given up on their social media world completely because it’s affecting their psychological well-being, some have become very disappointed with the fact that the benefit of their work was being passed onto the site more than them or their hard work has been deleted by centralized authorities due to hidden agendas. 

If this wasn’t enough, user data, which is meant to be confidential, is being made available in the open market, with governments, advertising companies and more having access to it. This has made users apprehensive about sharing personal details of their lives.

 

Enter Blockchain

Blockchain is going to transform the user experience in social media networking. These are important factors like the users’ information is encrypted on the blockchain network, so the privacy of data is maintained. Also, a platform can offer monetary compensation and loyalty programs for any and all activity performed by the user. Imagine producing viral content on the platform and getting paid for it? This does not happen on traditional social media, fast becoming a product of drama, agendas, and antiquity.  

There are upcoming platforms that are classed as social media on the blockchain whereby you can monetize your blogs, some even have a messaging app integrated, but it stops there. Imagine a complete Market Network as described above that is decentralized, pluggable, and portable which are key components and that have the capabilities to have your marketing, blogging, Storefronts, in fact, all your branding goes viral across all platforms in the internet space?

Enter Markethive – Embracing Blockchain Technology 

Markethive is a social marketplace, digital media platform for entrepreneurs that have the combined power of Facebook/LinkedIn, Marketo/Hubspot and Amazon/eBay along with Crypto News Sites like Cointelegraph/Bitcoin.com. Delivering a dynamic social network, integrated with Inbound Marketing (SAAS), numerous commerce platforms, storefronts coupled with augmented reality, and multiple traffic portals, built on the blockchain.

Does It Pay?

Markethive is a next-generation Market Network and the first to adopt blockchain technology that has positioned itself as a complete ecosystem for Entrepreneurs. Using the latest technology, it provides prosperous solutions for all business owners, marketers who require an online presence. Including Markethive’s own Coin (MHV) and Crypto Exchange for ease of liquidity as well as purchasing products and services within the Markethive ecosystem.

Creating a “Universal Income” for entrepreneurs, Markethive is delivering an infinity airdrop incentive to new subscribers, Bounty, and Loyalty programs and has set up the entire system with faucet like or micropayment rewards for using the system, including “Tips” instead of “Likes” This means the whole system is monetized for the benefit of all users. The income potential is huge and the MHV Coin ensures that all users will earn money for everything they do in Markethive.

 

So What Do You Get?

Markethive's functionalities include SEO features, Analytics, Customer Management System, Traffic Portals, Capture Page and Lead Creation, Profile Page, Resume, E-commerce portals, Video Conferencing, Blogging Platform, Messaging, Press Release, and Sponsored Article distribution, Banner Program and much more. Also included are significant training tutorials and weekly live support meetings, with a step by step automated tutorial system in the works.

Inbound Marketing is a key component of Markethive’s embodiment. Markethive plugs into all Social Media, simplifying your marketing efforts, with automated email campaigns allowing for lead flow into your designated business. Markethive incorporates collaboration building relationships within the community. 

Did I mention that the inbound marketing component is free to use while being rewarded with MHV? The only thing that is more rewarding beyond your wildest dreams is the loyalty program which enables you to profit from all facets of the Markethive system including receiving dividends from the company’s net profits. It basically means you as part of the Markethive community own a piece of Markethive, unlike the centralized companies with their venture capitalists and shareholders.

Conclusion

The potential of what the blockchain offers is extremely exciting. And although we are seeing some companies integrating the blockchain as they see what it can do for them and the world holistically, large scale adoption may still take some time. However, the unconventionality of this next-level technology shouldn’t deter marketers, business owners, entrepreneurs, in fact, anyone with a social or marketplace profile from embracing this new protocol given that it offers people many advantages in the form of transparency, security, anonymity, and performance with the added benefit of self-sovereignty. 

In the next article, we will explore Inbound Marketing and blockchain. Stay tuned… 

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

What Companies Have Already Adopted Blockchain Technology?

What Companies Have Already Adopted Blockchain Technology? 

Over the last two years, we’ve seen a growing amount of interest and even hype towards cryptocurrencies and a new world economy. It seems that hype is now subsiding and giving way to more of a natural, organic growth of Blockchain Technology. Banking is only the beginning and now society can benefit from Blockchain Technology in many other industries. This will transform the way companies do business so ultimately the use cases for a transparent, immutable ledger of transaction data are virtually endless. 

Since the blockchain is a decentralized entity, it requires no centralized supervision which makes it resistant to fraud. From logistics to real estate, digital ID management, social media and now the next-generation market network, corporations around the world are making overwhelming advances in the adoption of Blockchain Technology. Here a just a few companies that already have integrated the blockchain into their operations.

FedEx

FedEx is one of the world’s biggest logistics management companies and handles billions of dollars worth of cargo every year. FedEx has now become the first big shipping giant to incorporate Blockchain technology into their supply chain management. They are using Blockchains to track high-value cargo and are extending the functionality to almost all their shipments. In addition to that, they are also helping to develop the Blockchain-based industry standards for supply chain logistics establishing themselves as pioneers in this field.

FedEx together with two other major international delivery services firms DHL Express and UPS is a member of the Blockchain in Transport Alliance. In September of 2018, the firm joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies. The collaboration will purportedly enable the company to build blockchain-based industry-grade applications, platforms and hardware systems.

Microsoft

The tech giant Microsoft has embraced Blockchain Technology since its inception. Microsoft had started accepting Bitcoin payments on its website in 2014 when almost no one had even heard of cryptocurrencies. Microsoft has also secured 40 patents related to the use of Blockchains as payment gateways and for secure storage. 

Bill Gates and several of his nonprofit organizations have looked at Blockchains to try to improve their structure. Microsoft is also letting businesses and developers deploy their own Blockchain using Stratis in Microsoft Azure. Microsoft Azure is a cloud computing service created by Microsoft for building, testing, deploying, and managing applications Microsoft-managed data centers.

Burger King – Russia

In 2017, fast-food giant Burger King launched its own cryptocurrency token in Russia, called WhopperCoin on the Waves platform. Named after the brand’s flagship burger, WhopperCoin is Burger Kings’s attempt at using Blockchain to power their rewards program. What’s unique about this approach is that unlike traditional rewards programs, WhopperCoin tokens can be stored online, traded or even transferred to other people using the Waves platform. Customers would receive a WhopperCoin for every Rouble they spend at Burger King and correspondingly a Whopper could be bought for 1700 WhopperCoin. 

Notably, Starbucks is working with Microsoft to develop a blockchain-based supply chain tracking system and mobile app that will allow customers to track the supply chain journey of the beans they buy and the coffee they drink. … Last year, Starbucks worked with more than 380,000 coffee farms to ensure ethical sourcing.

KIK Messenger

KIK is one of the biggest online chat platforms with over 300 million active users. KIK concluded its ICO in 2017 and had recently integrated the Kin cryptocurrency in their platform which can be used to make payments to other users of the platform. Although they have been through some trials and tribulations, they are moving forward with thanks to the Medialab acquisition. The main attraction of Kik that sets it apart from other messaging apps is its anonymity.

The Kin Foundation announced it is able to offer zero-fee transactions by using its unique network. KIN is the cryptocurrency and although blockchains are often developed by a community, some are built by companies, which can afford to cover transaction costs. Kik has managed to eliminate transaction fees in the way.  

 

IBM

IBM is shaping up to be one of the giants in the cryptocurrency space by providing the backbone of Blockchain-related services to businesses. Using the Hyperledger Blockchain creator tool, they can help the organizations to create their own distributed ledger and smart contract systems. They have already partnered with some businesses that deal with logistics to increase efficiency and lower costs for them. 

The partners include logistics giants like Walmart and banks like the Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, and the United Bank of Switzerland (UBS). With food logistics as in the case of Walmart, the goal is to make the supply chain more secure so that contamination can be reduced. While the banks have come to develop a Blockchain trade finance platform called Batavia.

 

Walmart

Walmart and nine other food companies have partnered with IBM to create a Blockchain for tracking food globally through its supply chain. Real-time data will be captured at every point, on every single food product. The Food Trust Blockchain, which includes Nestlé SA, Dole Food Co., Unilever, and several others. 

These companies have been collaborating with IBM on the initiative since 2016 and began conducting trials of the product in August of last year. Their goal is to improve the companies’ ability to identify issues involved with food recalls, such as tracing outbreaks more quickly to limit customer risk. Walmart appears to have joined the initiative after the outbreak of salmonella in the supply chain last year.

Overstock.com

Overstock has been one of the biggest advocates of Blockchain Technology from the beginning and lets users purchase all the items on their website using Bitcoin. The company sells home decor, furniture, bedding, and many other goods that are closeout merchandise. 

Patrick M. Byrne, the founder of the company, is a staunch supporter of cryptocurrencies and has been outspoken about his commitment to decentralized currency. Byrne has made it quite clear that he wants to run a blockchain business, not a retailer. The company has made some moves into blockchain over the past few years. 

It launched the Medici Ventures investing firm to focus on blockchain technology, a public digital ledger of transactions, and has also developed its own tZero security tokens for e-commerce and trading. Since then, Byrne has stepped down as CEO of Overstock and president of Medici Ventures Jonathon Johnson has taken over. Johnson has been very instrumental in getting the company heavily invested in the blockchain business. 

Huawei Technologies

Huawei has rolled out its global blockchain which is a Cloud Blockchain where enterprises can develop, deploy and manage blockchain applications. Being one of the top manufacturers of mobile phones, they also want to use the Blockchain to create a better user experience and systemize the mobile industry further to reduce fraud and trickery. 

Huawei claimed in a recent press release that, “Blockchain Technology offers mobile carriers superb opportunities to support the transformation of business models through new network layers, which can revolutionize how data integrity is verified and value and rights are transmitted and tracked over the infrastructure to subscribers.”

Social Media And Blockchain

As the blockchain market evolves there is an increased interest from the social media giant, Facebook. Not sure how simple it will be to integrate a genuine blockchain, given they have 2 billion+ users which would mean scalability on a massive level. There’s also the key issue of the way it monetizes the personal data of its users. That actually threatens the privacy and user sovereignty that is crucial for blockchain. Twitter has also expressed an interest in the blockchain. 

In a distributed ecosystem, built on a  blockchain, the power lies with the people. In other words, there cannot be one singular entity with controlling powers over the rest of the network. This, among other things, protects against corruption and manipulation from the centralized entity. It also restores power to the community as a whole.

People are looking to migrate to better solutions for the sake of privacy and security alone. So while Facebook is looking for a way to implement blockchain into its network, others have already integrated blockchain technology at conception, making it a whole lot easier.

 

Blockchain Alternatives

Currently, so-called Social Media platforms on the blockchain are mainly blogging platforms, like Steemit and Yours.org. Steemit pays its users to contribute by writing or curating content. In the case of Yours.org, the community pays to view the articles that are posted by the writer. This can range from $0.10 to a few dollars depending on how much the writer believes the readers will be willing to pay to view it. 

Both Yours and Steemit have an upvoting system that also pays. You can earn Bitcoin SV with Yours.org if you create value, and Steemit pays in their three native digital currencies: SteemPower, Steem Dollars, and Steem, which can then be converted into BTC or other cryptos on 3rd party exchanges. 

Minds.com is an open-source platform for content with encrypted messaging facilities built on the blockchain and has a growing user base that allows anyone to speak their mind and boost their content using its tokens. A free open internet is their goal and they are prepared to take all steps necessary to protect the users' rights.

 

Market Network and Social Media Combined

Markethive is a decentralized Market Network integrated with a social media interface with collaboration being a fundamental characteristic. Built on the blockchain with its own coin (MHV) is setting the pace of a new era in how we communicate and do business online. 

State-of-the-art integrated inbound marketing platform, social network, blogging platform, eCommerce business services, ewallet, coin exchange, mining datacenter, faucet lead portals, Loyalty & Bounty programs and News Media & Content Publisher for success in the crypto-preneurial and entrepreneurial markets.
Markethive pays you MHV coin in the form of micropayments for every activity you execute on the platform. It’s not limited to creative blogging. You can tip members instead of likes which in turn earns more coin. At the moment you also receive 500 coins for just signing up as a free member. There are many more incentives to be part of this growing network including the Loyalty Program which will pay you dividends from the company’s net profits as Markethive continues to establish itself. Markethive is the first social/market network on the blockchain.

Markethive’s mission and objective are to pioneer “Universal Income” worldwide. To empower the novice through to the seasoned entrepreneur.  

 

 

Social Networks Were The Last 10 Years. Market Networks Will Be The Next 10.

First, we had communication networks, like telephones and email. Then we had social networks, like Facebook and LinkedIn. Although it has been said Facebook has become a surveillance network masquerading as a social network.
It’s just a matter of time until nearly all independent professionals and their clients will conduct business through collaborative Market Networks and have a massive positive impact on how millions of people work and live, and how hundreds of millions of people buy and sell better services. Also be able to impart any and all information through blog casting without fear of being banned or spied upon, along with creating relationships of value and integrity.

 

Conclusion

Investments in blockchain startups are one of the indicators of the rise in the growth of the blockchain market.  2017 showed the potential for blockchain growth with a little over $1 billion in cryptocurrency investments. In 2018, there was a further increase in blockchain and cryptocurrency investments. This resulted in a cool $3.9 billion through venture ca[ital investments. 

2017 has been described as the year of blockchain tourism, while 2018 was all about experimenting and testing blockchain technology. The time has come now for more companies to utilize it. As illustrated in this article we see many different industries adopting blockchain technology and because blockchain has numerous uses we will see a lot more companies integrating and using this technology to solve real-world issues. 

 

ecosystem for entrepreneurs

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

BLOCKCHAIN – Knowledge Is Power Wisdom Is Power With A Purpose

BLOCKCHAIN – Knowledge Is Power. Wisdom Is Power With A Purpose


“Quote” accredited to Solitaire Parke

Blockchain is defined as one of the most significant technological advances in modern history, potentially on a par with the internet, which has led to it being dubbed “The Internet 3.0”. Despite the incredible potential of blockchain to reshape the world as we know it, there is still little understanding of what it is, what it does and why it is so revolutionary. 

The Real Origin Of Blockchain

Blockchain was first conceptualized by Stuart Haber and W. Scott Stornetta back in 1991, although they didn’t call it blockchain. They wrote a series of papers and patents. One, in particular, was How To Timestamp a Digital Document, published in 1991, which involved a cryptographically secured chain of blocks. This is what many consider to be the first incarnation of blockchain technology. Basically, they set out to create an immutable ledger. 


Stuart Haber and W.Scott Stornetta

As Stornetta stated in an interview,
“It’s unfortunate that so few people actually read all the papers and patents, because there are a few ideas that can be mined from there that some have since reinvented because they never read the papers.” 

Nevertheless, Stornetta is humbled by the fact that his 1991 paper about Timestamping ended up inspiring the whole blockchain movement. Interestingly, even after the “blockchain” work they did, the connection between it and money was overlooked. It was not until Satoshi released the Bitcoin whitepaper in 2008 that the connection became a reality and a peer to peer monetary system was created. 

There were references made to Haber and Stornetta in Satoshi’s whitepaper, 3 in fact…

Blockchain 101

Blockchain technology is not a company or an app, but an entirely new way of documenting data on the internet. The technology can be used for social networks, messengers, games, exchanges, storage platforms, voting systems, prediction markets, online shops and much more. This can be seen as a new internet, which is why some have labeled it “The Internet 3.0”

The information recorded on a blockchain can assume any form, whether it be signifying a transfer of money, ownership, a transaction, someone’s identity, an agreement between two parties, even how much electricity a lightbulb has used. However, to do so would require a confirmation from several devices namely computers on the network. 

Once an agreement also acknowledged as a consensus is reached between these devices to store any data on a blockchain, it is unquestionably there. It cannot be disputed, removed or altered without the knowledge and permission of those that made that record as well as the wider community. 

Why Is It Called A Blockchain?

Blockchain owes its name to how it works and the manner in which it stores data, namely that the information is packaged into blocks, which link to form a chain with other blocks of similar information.

It is this act of linking blocks into a chain that makes the information stored on a blockchain so trustworthy. Once the data is recorded in a block it cannot be altered without having to change every block that came after it, making it impossible to do so without it being seen by the other participants on the network.

Distributed ledgers have 4 key attributes:

  1. Recorded: stored information is timestamped.
  2. Immutable: Nothing that is recorded can be changed.
  3. Transparent: anyone can see the ledger of transactions
  4. Decentralized: the ledger exists on multiple computers, often referred to as nodes.

Essentially, each block contains the data it is recording. For example, a transaction like 1 MHV coin being sent from Tom to Jerry, as well as timestamps of when that information was recorded. It will also include a digital signature linked to the account that made the recording and a unique identifying link, in the form of a hash (think of it as a digital fingerprint), to the previous block in the chain. It is this link that makes it impossible for any of the information to be altered or for a block to be inserted between two existing blocks. In order to do so, all the following blocks would need to be edited too.

As a result, each block strengthens the previous block and the security of the entire blockchain because it means more blocks would need to be changed to tamper with any information. When combined, all of these create unquestionable storage of information, one that cannot be disputed or declared to be untrue.  It is important to note to be absolutely sure where you are sending money. On a blockchain, once a transaction is sent it is sealed and cannot be reversed.

 

 

The Three Pillars Of Blockchain Technology

Let’s go into more depth about the three main properties of blockchain technology which are;

  • Decentralization
  • Transparency
  • Immutability

Pillar #1: Decentralization

For decades now we have been subject to and use a centralized entity that stored all our data and we would have to interact solely with this entity to transact or acquire whatever information we required. 

A perfect example of a centralized system is the banks. They store all your money, and the only way that you can pay someone is by going through the bank.

When you google search for something, you send a query to the server who then gets back at you with the relevant information. That is called a simple client-server.

We have used centralized systems for many years, thinking all is well, however, they have several vulnerabilities.

  • Firstly, because they are centralized, all the data is stored in one spot. This makes them easy target spots for potential hackers.
  • If the centralized system were to go through a software upgrade, it would halt the entire system.
  • What if the centralized entity somehow shuts down for whatever reason? That way nobody will be able to access the information that it possesses.
  • Worst case scenario, what if this entity gets corrupted and malicious? If that happens then all the data that is there will be compromised.

So, what happens if we just take this centralized entity away?

In a decentralized system, the information is not stored by one single entity. In fact, everyone in the network owns the information.

In a decentralized network, if you wanted to interact or send money to someone, then you can do so directly without going through a third party. That was the main ideology behind Bitcoin and also the ideology of Markethive Coin. You and only you alone are in charge of your money. You can send your money to anyone you want without having to go through a bank.

 

Pillar # 2: Transparency

One of the most interesting and misunderstood concepts in blockchain technology is “transparency.” Some people say that blockchain gives you privacy while some say that it is transparent. Sounds contradictory, doesn’t it?

The simple fact is a person’s identity is hidden via complex cryptography and represented only by their public address. So, if you were to look up a person’s transaction history, you will not see “Tom sent 1 MHV” instead you will see “1MF1bhsFLkBzzz9vpFYEmvwT2TbyCt7NZJ sent 1 MHV”. This makes the person’s real identity secure and private while still being able to see all transactions that were done via their public address – transparency. 

This image shows what the blocks and transaction details of each public address on Blockchain Explorer

 

 

This level of transparency has never existed before within a financial system. It adds that extra, and much needed, level of accountability which is required by some of these biggest institutions.

Speaking purely from the cryptocurrency perspective, if you know the public address of one of these big companies, you can simply pop it in a blockchain explorer and look at all the transactions that they have engaged in. This forces them to be honest, something that they have never had to deal with before.

That’s of course if these companies integrate the blockchain. You can see why something like this can be very helpful for the finance industry right?

Pillar # 3: Immutability

Immutability, in the context of the blockchain, means that once something has been entered into the blockchain, it cannot be tampered with. Imagine how valuable this will be for financial institutes!
Imagine how many embezzlement cases can be nipped in the bud if people know that they can’t “work the books” and fiddle around with company accounts.

The reason why the blockchain gets this property is that of the cryptographic hash function. In simple terms, hashing means taking an input string of any length and giving out an output of a fixed length. In the context of cryptocurrencies like bitcoin, the transactions are taken as input and run through a hashing algorithm (Bitcoin uses SHA-256) which gives an output of a fixed length.

Let’s see how the hashing process works. We are going to put in certain inputs. For this exercise, we are going to use the SHA-256 (Secure Hashing Algorithm 256).

As you can see in the above image, in the case of SHA-256, no matter how big or small your input is, the output will always have a fixed 256-bits length. This becomes critical when you are dealing with a huge amount of data and transactions. So basically, instead of remembering the input data which could be huge, you can just remember the hash and keep track.

These hash functions make it ideal for cryptography. There are certain properties that a cryptographic hash function needs to have in order to be considered secure, however, there is just one property that we’ll focus on today. It is called the “Avalanche Effect.”

What this means is even if you make a small change in your input, the changes that will be reflected in the hash will be huge. Notice the change in the hash in the image below? Just because one letter was changed from a capital letter in the input hash, to lower case, it drastically affected the output hash. 

The blockchain is a linked list that contains data and a hash pointer that points to its previous block, hence creating the chain. What is a hash pointer? A hash pointer is similar to a pointer, but instead of just containing the address of the previous block it also contains the hash of the data inside the previous block.

This one small tweak is what makes blockchains so amazingly reliable and trailblazing.

Imagine this for a second, a hacker attacks block 3 and tries to change the data. Because of the properties of hash functions, a slight change in data will change the hash drastically. This means that any slight changes made in block 3, will change the hash which is stored in block 2, now that in turn will change the data and the hash of block 2 which will result in changes in block 1 and so on and so forth. This will completely change the chain, which is impossible. This is exactly how blockchains attain immutability.

 

Conclusion

With any disruptive idea, like the Internet was back in the day, not every company will benefit or embrace this new technology immediately. Banks are clearly in the path of the disruption of the blockchain, the Big Data social network systems, the online auction, and shopping centers are as well. And companies that resist blockchain will be left behind in the Internet 3.0.
 
Forward-looking companies that convert to the blockchain to improve the privacy and security of their data and create an environment that is unfettered from political and nefarious agendas, will be the winners on top. 

Just about every company that migrates to the blockchain and new companies launch built upon the blockchain, will prosper, as long as they deliver and make their prime agenda to benefit their customers.

In the next article, we’ll see what companies have already adopted blockchain technology including Social Media and Market Networks and how it proves to benefit the user. 
 

References: Lisk, Blockgeeks

 

ecosystem for entrepreneurs

 

 

Deb Williams 

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals.