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A long read with a bit of horror storytelling, and not only that
We are launching an #RWA platform for the #tokenization of people. Let @BlackRock keep tokenizing dust in the form of oil and gas, we are interested in something bigger...
At one point, we simply wanted to build a social network. We built it.
Then we wanted to embed a financial layer into it. We did that too, while Zuckerberg and Meta did not, they couldn’t pull it off (see the Libra project)
And now, in essence, we are pivoting toward a platform for the tokenization of people, built on top of everything we had already created before.
Why? Because people are the main asset on this planet, not oil, not gold, and not stocks.
“If you have oil but no people - you have no oil,” (c) @realDonaldTrump. And in #Ukraine, for example, there are people - talented, educated, motivated, with combat experience and the corresponding skills.
There are such people in the U.S. too, in Japan, and in many other places.
On Monday, we launched the Initial Sale of my own token, and through it we will show how the whole mechanism works.
A few interesting points:
- the starting price and market cap of the token are not pulled out of thin air, they are determined during the Initial Sale. The more funds is raised during the Initial Sale, the higher the starting price and market cap will be
- half of the funds raised during the Initial Sale will be used to create the initial liquidity pool
- the other half may be spent on promoting the token over the course of the year after the Initial Sale ends
- 10% of the total supply is sold during the Initial Sale, 5% goes toward forming the initial liquidity pool, and another 10% goes into the prize pool of our mining app. That makes 25% in total. The remaining 75% may be sold in additional sales that I can conduct over the course of my lifetime.
And now, a few scary stories. Soon there will be nowhere for you to preserve your savings, simply nothing left to preserve them in.
- fiat will burn in hyperinflation, just look at that old Economist cover with the @StellarOrg logo on the coin
- Bitcoin and the other dinosaurs will become toxic assets, and their market caps will collapse by an order of magnitude
- physical gold and silver are not exactly easy to carry through checkpoints, and frankly, they come with a very real risk of getting hit over the head the moment you leave the bank
- real estate? well, that one is a whole bucket of lols... real estate cannot run away from the front line
- stocks? sorry, but that whole market is bubble upon bubble and what happens if something explosive flies straight into the exchange?
But people, you know, are very good at one thing. They know how to survive. And some of them become very good at rapidly compounding their own value over time, building networks, gaining skills, refining their talents over decades.
Accordingly, people are a good store of value. And that is exactly why people will become the new measure of value... different people, different worth, different value...
“Not the same equality for all” - (c) Hryhorii Skovoroda
The old global financial system will be destroyed. The new one will be built around people, because people have always been and will always remain the main asset on the planet.
Each of you will decide for yourself exactly what you are worth. You will decide it through your actions or inaction, your talents or lack of them, your energy or your laziness.
Some will become Value with a capital V. For everyone else, there will be programmable CBDCs.
It’s not that we particularly happy about what comes next. We just want to build our own Digital Ark.
High-quality Human Material must be saved. For everyone else, we wish them luck.
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