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      "author": "holthamlet",
      "permlink": "r8oq6u",
      "title": "",
      "body": "the most reliable protection for your data",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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      "author": "holthamlet",
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      "body": "Already know about that, thank you though",
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      "author": "partizano",
      "permlink": "r3rgfx",
      "title": "",
      "body": "Amazing you guys are on fire",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
    }
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{
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      "author": "chokolapka",
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      "title": "",
      "body": "Sounds like a good deal.",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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{
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      "author": "callmenitsche",
      "permlink": "r3rgaa",
      "title": "",
      "body": "Anomus is killin corruption!",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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{
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      "parent_permlink": "2gnqdi-de-vs-ce",
      "author": "pelfox",
      "permlink": "r3rg5w",
      "title": "",
      "body": "This is a wonderful project, much needed these days!",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
    }
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{
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  "trx_in_block": 7,
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      "parent_permlink": "2gnqdi-de-vs-ce",
      "author": "bogdaleshka",
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      "title": "",
      "body": "Go Anomus!",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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{
  "trx_id": "5c62a35fc974aee1c50a41c1c0b2fc9d0db75fef",
  "block": 59650949,
  "trx_in_block": 7,
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      "author": "smachna.samsa",
      "permlink": "r3rfvf",
      "title": "",
      "body": "the best project!)",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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{
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  "op": [
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      "author": "zalubenec",
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      "title": "",
      "body": "ok this sounds really awesome",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
    }
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{
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      "author": "halabudamaxxx",
      "permlink": "r3rfqp",
      "title": "",
      "body": "lol I'm not surprised that everything was bought for a long time and a lot of media are lying. I hope this project will change the situation",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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      "author": "astalavista777",
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      "title": "",
      "body": "I'm proud to be in this great venture!",
      "json_metadata": "{\"app\":\"steemit/0.2\"}"
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{
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      "parent_permlink": "2gnqdi-de-vs-ce",
      "author": "bellboy",
      "permlink": "r3rfkx",
      "title": "",
      "body": "Because you are innovative guys!",
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{
  "trx_id": "9a8cb6900ed6ef49d235bc900f005ae612424a34",
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      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "516xe8-importance-of-trust-in-media-today",
      "title": "Importance of Trust in Media Today",
      "body": "![image.png](https://cdn.steemitimages.com/DQmYSvgAudUFxqrP3SNkJvMjYB7Dc1fAvytRxKYkMdCx3Gg/image.png)\n\n<b>What is news?</b>\n\nYou’ve probably read a piece of news, whether you like it or not. It is everywhere, from your phone, TV, radio, newspaper, and even word of mouth. News is everywhere. But what exactly is the news, and what’s the purpose of it? News is information about the current events happening in the world. Often, the news will take in some bias, be it political or ideological. Before the public sees the news, it has gone through various actors that have manipulated the news to make you comply with an agenda to buy goods or services, vote for a particular party or politician, or simply distort your perspective. With the development of social media, news has been much more accessible and abundant than ever before. In the past, news was distributed via newspapers, postal, broadcasting, blogs, or radio; however, news is everywhere with the advent of social media. Nowadays, corporations have the power to sway the public’s opinions and thoughts in whatever way they wish. This authority given to corporations does not often hold their interest in mind and affects us more than ever before.\n\n<b>So what makes us believe in the news?</b>\n\nAs mentioned earlier, before the public sees the news, it is often manipulated with and changed to the desires of the news outlet. So why do they believe in news if it has been changed so many times before they see it? This taps into human psychology and their unconscious desires. From an article by the <a href=\"https://www.worldgovernmentsummit.org/\">World Government Summit</a>, the author mentioned that their “unconscious motives drive the belief formation process”; hence the news they see is only appealing to us because it responds to their beliefs and desires (<a href=\"https://www.worldgovernmentsummit.org/\">World Government Summit</a>). Their preconceived perception towards the world has been forming ever since they were born. The external and internal influences around us all make us believe things in a certain way. The forming of this perception is strongly tied to the news and information they receive daily. News sources are the main antagonists for this as they are run by corrupt publishers who only have personalized interests in mind. News publishers not only affect us but also those around us. The media has substantial influence over what the general public thinks and can easily sway their beliefs in one way or the other with a simple article. Hence, it is best to think twice before believing what you see, as many of these so-called news outlets may not have your interest in mind.\n\n<b>What is trust?</b>\n\nTrust is fundamental to humans. It is a central part of theirrelationships, including their romantic relationships, family life, business, politics, and more. But how big of a role does it play? Trust is crucial to their everyday life. It is what allows us to have faith and belief in other people and corporations. There are many definitions of what trust is, but it often comes down to the idea of having confidence in something that causes you to think or behave in a certain way.\n\n<b>Trust in Media Today</b>\n\nWhen it comes to news and the information their receive daily, they often only trust sources that they have seen before or believe have a good reputation. However, trust in news has been on a constant downfall after the coronavirus hit the global economy. A recent study on trust found that only six countries have more than 50% trust levels. Most countries are well below 50%, and people believe that the news they receive is not trustworthy. The general sentiment towards the media today is that it is not reliable. Media plays a significant factor in their society today, and having the fundamental right to trust it has been more critical than ever. From instances in the past where big social media corporations can change/influence what they see online, it is crucial that the power of what they see and hear lies with the people.\n\n<b>So why should I trust this article that I am reading now?</b>\n\nYou don’t have to believe in us or what you are reading here. They are not trying to make you think one way or the other. Theyjust believe that it is their fundamental right as humans to access information and news, and they have created the solution that guarantees fair content distribution and freedom of speech. <a href=\"https://www.anomus.io/\">Anomus</a> is a platform that represents the people’s voice and allows the global community to direct the course of news today. <a href=\"https://www.anomus.io/\">Anomus</a> gives power to the public to fact-check information and, in the process, be rewarded for it. By putting a stake in, everyone can publish their news. However, before the content is published, all content will go through strict auditing and fact-checking to ensure that the information is truthful. Once fact-checked, all articles are also posted onto the Perma web, meaning it will not be possible to remove or edit them. You don’t have to trust the news or what anyone else may tell you. But do trust that <a href=\"https://www.anomus.io/\">Anomus</a> will represent the voice of the people and YOU.\n\nIf you would like to learn more about <a href=\"https://www.anomus.io/\">Anomus</a>, feel free to check out their <a href=\"https://twitter.com/MrAnomus\">Twitter</a> and <a href=\"https://t.me/anomuspublic\">Telegram</a>!\n\nDisclaimer:\n\nThis article does not serve as financial advice and is only for informational purposes only.\n\n<b>Anomus:</b>\nWith the growing abundance of information, information has become difficult to discern from factual and fair versus propaganda properly. <a href=\"https://www.anomus.io/\">Anomus</a> is the antidote to manipulated news and propaganda. The platform is a 100% decentralized news protocol providing the world access to fairly distributed news. Anyone can access the information and post independently of one’s geography, religion, or political views. <a href=\"https://www.anomus.io/\">Anomus</a> believes that news is a fundamental right of every individual, and it will all begin with <a href=\"https://www.anomus.io/\">Anomus</a>.",
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{
  "trx_id": "3210498520ead0e3ea91ea67290ea418238a340d",
  "block": 59584238,
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  "timestamp": "2021-12-05T11:44:00",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "2gnqdi-de-vs-ce",
      "title": "De vs Ce",
      "body": "![image.png](https://cdn.steemitimages.com/DQmVQfSppwsxkDe34e63pKK6Xyj1HGGRCnXfEYz7C29RqRy/image.png)\n\nWhen you think about how traditional news reports on daily instances or breaking news, it could become tiresome to try to navigate the different directions they are trying to take. This rings especially true during events and situations where absolute truth and confidence in your news source is necessary. Between having to scroll through different news sources, websites, and social media platforms, where does it end? UNESCO writes that “the widespread use of social media in the region is both fascinating and scary — with information bombarding us constantly, it has become harder to filter the content.”\n\nWhat could be the solution to this problem? A decentralized news source.\n\nA decentralized news source means that they are able to forego these problems of having to always check every news channel and website for information since Anomus has figured out a way to do just that. Because of their decentralized nature, they do not follow any agenda. Therefore, their fact-checked approved writers allow you to be able to confidently trust that the news is coming from truth and honesty: a notion that cannot be said by mainstream news outlets. What exactly can Anomus offer that the other news sites cannot?\n\n\n![image.png](https://cdn.steemitimages.com/DQmYdZtHddpW4D8eD7yMuK9ed8NhKBW6htC1D5DrBiXTZpS/image.png)\n\n<b>Governance</b>\n\nThe new generation’s problem, as UNESCO writes, is being “able to distinguish between reliable information and fake news while navigating this flood of information, it is urgent to develop critical thinking.” This exhausting problem is solved by their platform through governance.\n\nThat is the main problem with news sites today: It is owned by one entity, whereas Anomus is owned by the community. Governance is something those mainstream news outlets do not have because Anomus is decentralized. This means that heir community votes on what they deem to be correct. Anything voted fake will be sent to the quarantine section of their news site — but not deleted. They don’t believe in censoring your words, they believe in what the community believes to be true, and just because Anomus exists to make sure that free speech is always encouraged.\n\nWhen your news company is owned by one person or entity, that means the views and opinions of that entity are pushed and encouraged. They want to actively encourage the true and real thoughts of their community of writers and voters, and only through governance is that possible.\n\n<b>Incentivization</b>\n\nIn those corporate or government news stations, there is nothing keeping them from stretching the truth. The Library of Northwestern Arkansas Community College reported that over 50% of the people surveyed believed that mainstream news outlets were reporting fake news either most of the time or sometimes.\n\n\n![image.png](https://cdn.steemitimages.com/DQmeVcyxAPSpVL5HwYNW1XkFgDUzmrm9Yw8YKgWVnyuNxss/image.png)\n\nSo, what is stopping them from releasing any news that they want? Nothing. But on their platform, through their governance system will writers be incentivized to publish true news stories because that is how they develop a good reputation. They also allow for monetization, meaning that as long as a writer’s reputation is strong, the chances of earning money as an independent journalist are high.\n\n\n<b>Free speech</b>\n\nThis is absolutely something that is not upheld for traditional news outlets or traditional platforms, which are backed — more often than not financially — by one agenda. How can you properly differentiate between the truth and the thoughts of a higher entity backed by money or power?\n\nTheir most important upside to their news outlets is that you have the right to write about whatever you want. Even if your articles are constantly pushed to their quarantine section, there will always be a spot for them and an audience that will read the work. As said previously, they are not interested in censoring you, they’re interested only in the truth and giving people an outlet to post that truth.\n\n<b>Final thoughts</b>\nTheir platform is backed by big names in the industry such as Niel Strauss, Arweave Blockchain, Holochain, and Polygon, so you know that their message and efforts have not gone unnoticed. Anomus is granting writers and readers the rights that traditional news outlets do not: the right to true free speech, governance, and incentives that keep the truth always on the forefront and not pushed aside. A right that everyone should have.",
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{
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      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "3d4w46-what-are-asset-backed-tokens-and-which-assets-can-be-tokenized",
      "title": "What are Asset-Backed Tokens and Which Assets can be Tokenized?",
      "body": "![image.png](https://cdn.steemitimages.com/DQmbn2bLMbhX9R1PmLoy9uyiL8RNpqmBSCwvjyNxuc76DKt/image.png)\nThe revolution caused by blockchain technology is no longer in doubt. Blockchain has dramatically impacted the global financial industry. It has become one of the <a href=\" https://www.linkedin.com/pulse/why-2020s-decade-blockchain-technology-arkan-akin/\"> leading technological innovations  </a> of the decade. Its transparency, process rate, and anonymity are just some of the reasons for its fast global adoption. The benefits derived from blockchain are yet to be fully known and can only evolve with time.\n\nOne of the new innovative ways by which blockchain has been deployed recently is the tokenization of assets, usually referred to as Asset-backed tokens (ABT). Assets-backed tokens have proven to be a gold mine so far. It has provided a new way for projects and corporate organizations to raise needed funds. At the same time, it has given everyday individuals the avenue to hold meaningful investments.\n\nThis article delves into what ABTs are, how they function, and the kinds of assets that can be tokenized.\n\n<b>What are Asset-Backed Tokens?</b>\n\nTokenization is the process of converting things of value into usable tokens on the blockchain. It is a way of moving the value of things into digital forms. Typically, tokenization involves converting such assets into smaller pieces in digital forms that can be purchased in smaller units.\n\nBlockchain technology generally enables a system where it becomes easy to tokenize assets that are not readily convertible or easily traded. Additionally, blockchain has become the preferred alternative to traditional paper markets in terms of speed, accountability, and transparency.\n\n<b>How does Tokenization work?</b>\n\nDigital tokenization has come to be with blockchain technology. Still, the concept of tokenization has been around for a while now. Similarities to tokenization were first adopted in the financial service industry in the 1970s.\n\nThe idea then was to convert valuable and sensitive clients’ details into a series of alphanumeric compositions, which are converted into tokens through cryptography. Some of the common details that were tokenized back then included clients’ credit card details, social security details, among other things.\n\nToday, the concept has moved beyond being a tool for information encryption. Tokenization has become a means to drive the value of all forms of assets online. Platforms like <a href=\" https://www.blockxnet.com/\"> BlockX  </a>  are specialized in digital assets settlement, helping organizations, projects, and institutions raise funds through asset tokenization. There are lots of assets whose value cannot be easily divided (Non-fungible assets). For this class of assets, tokenization simplifies divisibility while maintaining such assets in their original state. Artworks, real estate, and NFTs typically fall into this category.\n\nSimply put, tokenization works by giving digital value to assets that cannot be easily divided. This way, tokens represent the asset class, and such tokens can be easily bought and sold across multiple traders.\n\nAlso read: <a href=\" https://www.blockxnet.com/blog/how-tokenization-can-close-the-blockchain-security-gap\"> How Tokenization can Close the Blockchain Security Gap  </a> | \n\n\n<b>Which Assets can be Tokenized?</b>\n\nThere are virtually no restrictions to the kind of assets that can be tokenized. But generally, tokenizable assets can be categorized into two classes. The classes are intangible assets, fungible assets, and non-fungible assets.\n\nTokenizable intangible assets are assets that do not have physical forms but are essential, especially in the operational aspect of an organization. This class of tokenizable assets includes organizational voting rights, copyrights, and patents.\n\nTangible asset-backed tokens are tokens derived from assets that are not readily tradable or exchanged. This set of assets are increasingly receiving attention in crypto tokenization for their high-value potential for growth and investment. These classes of tokenizable assets include real estate, arts and paintings, gold, and other precious metals.\n\nTangible asset-backed tokens can also include paper assets such as government bonds, private equity, hedge funds, and stocks.\n\n<b>Stages of Asset Tokenization</b>\n\nThe decision to tokenize an asset is usually the easy part. Having a standard and flawless asset tokenization process is another thing entirely. That is why they recommend that your organization make use of certified and trusted platforms like <a href=\" https://www.blockxnet.com/\"> BlockX  </a> .\n\nThere are three crucial stages that every successful digital asset settlement and tokenization must follow. The stages are token issuance — which must be done in a compliant manner; initial sale market — which must be done transparently on a recognized regulated exchange; and security exchange — all tokens must be globally available for trade.\n\nYou might be interested in: <a href=\" https://www.blockxnet.com/blog/what-are-smart-contracts-and-how-do-they-work\"> What are Smart Contracts and How Do They Work?  </a> | \n\n\n<b>Where to Tokenize Your Asset</b>\n\nBlockX is the one and most reliable platform for asset-backed tokens. It is the first-ever digital investment and banking platform in the world. BlockX is the DeFi settlement and payment chain specializing in the issuance and settlement of digital assets such as CBDC, Digital securities, real estate, Arts, Hedge Funds, NFTs, and more.\n\nAsset tokenization is rapidly changing the way they interact with assets with value. Through blockchain technology, it has become effortless to tokenize assets that were once considered indivisible in a transparent and accountable manner.\n\nIt is expected that asset tokenization will eventually become the norm among establishments and the preferred way for investors to invest in promising projects.\n\nBlockX has concluded its soldout BCX utility tokens private sale. It has also opened its doors for everyone to participate in its BCX tokens IEO on <a href=\" https://exmarkets.com/launchpad/bcx-btc\"> Exmarket Launchpad  </a> | \n To take advantage of the bonuses in this crowd-sale IEO, kindly follow this <a href=\" https://exmarkets.com/launchpad/bcx-btc\"> link  </a>  \n.\n\n<b>About BlockX</b>\n\nBlockX is the Digital Assets & CBDC Settlement and Payment Blockchain transforming traditional finance into the Blockchain ecosystem. BlockX aims to make investment possible for assets that would otherwise be hard to invest in. BlockX is committed to bridging the gap between traditional forms of asset investment and the new investment trends created by the evolution of blockchain technology.\n\nBlockX is involved in many different projects and services for blockchain uses and applications. <a href=\" https://tokenizer.cc/\"> Tokenizer  </a> is a blockchain investment banking system that champions accessible, transparent, and safe financial services, powered by BlockX. They believe that everyone deserves equal access to investment and fundraising opportunities. Thus, Tokenizer aims to democratize investment and banking through asset tokenization. Click <a href=\" https://www.tokenizer.cc/\"> here  </a>   to discover STOs with Tokenizer.\n\n<b> To keep up-to-date with BlockX projects, follow their social channels\n<a href=\" https://www.facebook.com/blockxnet/\"> Facebook </a> | <a href=\" https://www.reddit.com/r/BlockX/\">Reddit</a> | <a href=\" https://twitter.com/BlockXnet\">Twitter</a> | <a href=\" https://www.blockxnet.com/\">Website</a> | <a href=\" https://discord.gg/6WsJENwq\">Discord </a> | <a href=\" https://t.me/blockxnetwork\">Telegram</a>  </b>",
      "json_metadata": "{\"tags\":[\"crypto\"],\"image\":[\"https://cdn.steemitimages.com/DQmbn2bLMbhX9R1PmLoy9uyiL8RNpqmBSCwvjyNxuc76DKt/image.png\"],\"links\":[\" https://www.linkedin.com/pulse/why-2020s-decade-blockchain-technology-arkan-akin/\",\" https://www.blockxnet.com/\",\" https://www.blockxnet.com/blog/how-tokenization-can-close-the-blockchain-security-gap\",\" https://www.blockxnet.com/blog/what-are-smart-contracts-and-how-do-they-work\",\" https://exmarkets.com/launchpad/bcx-btc\",\" https://tokenizer.cc/\",\" https://www.tokenizer.cc/\",\" https://www.facebook.com/blockxnet/\",\" https://www.reddit.com/r/BlockX/\",\" https://twitter.com/BlockXnet\",\" https://discord.gg/6WsJENwq\",\" https://t.me/blockxnetwork\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "blockx-for-fintech-applications",
      "title": "BlockX for Fintech Applications",
      "body": "![image.png](https://cdn.steemitimages.com/DQmXSyubtaixdHXX1coWnFSK7jkqKr8twuvCkREnTRvhXc4/image.png)\n\nAll across the world, Fintech firms are trying to address one of the world’s most pressing issues — How can a financial community give equal access to a dependable, inexpensive, and efficient global financial system? BlockX is the answer. ‍\n\nBlockX is an established blockchain network that is built for interoperability between worldwide payment systems. It leads the way in terms of compliance. Essentially, BlockX aims to improve the global financial system by making the process of moving currency worldwide easy and efficient.\n\n<h2>Compliant</h2>\n\nTheir network is built on the principle of transparency. BlockX offers built-in compliance features, such as a public ledger and a network of worldwide anchors that encourage safety and transparency. Financial institutions, payment services organizations, and Financial institutions that provide valuable on and off ramping services are anchors on their network. They frequently use compliance-oriented apps and services developed on BlockX to give borderless access to financial infrastructure.\n\n<h2>Decentralized</h2>\n\nAs a fledgling Fintech firm, the main focus should be developing a product that provides a positive user experience. This is why, as part of their open financial infrastructure, BlockX offers a set of tools and services to assist you in developing and launching novel financial products and services. From freelance developers in Argentina to regulated financial organizations in Germany, anyone can build on the network. You may redefine the global financial system by combining your unique services and products with their open-source and decentralized network.\n\n<h2>Proven</h2>\n\nEuros, BTC, Mexican pesos, Argentinian pesos, Brazilian reais, Nigerian naira, and other currencies have already been added to the network as tokens. Minting, deposit, and redeeming are handled by their separate issuers, so you can focus on the end-user experience.\n\n<h2>With BlockX, Fintech platforms can offer:</h2>\n\n<b>Global access to USDC and other stablecoins</b>\nDigital wallets are primarily used in emerging markets to access digital versions of major global currencies, also known as “stablecoins”. Customers can get USDC through their wallets in a few simple steps.\n\n<b>Easy Cash in and onboarding</b>\nAs wallets strive to expand their user base, collaborating with <a href=\" https://www.blockxnet.com/\"> BlockX  </a>anchors that can accept fiat currency and onboard customers provides wallets with a new acquisition channel. Standard <a href=\" https://www.blockxnet.com/\"> BlockX  </a> protocols, also known as “SEPs”, can be used by wallets to retrieve important anchors either natively or through an interactive web-based flow.\n\n<b>Tokenize real-world assets</b>\nWith their BlockX resources, Fintech companies can offer real-world asset tokenization with the help of <a href=\" https://www.blockxnet.com/#bcx-token\"> BCX tokens  </a>. Digitizing assets can strengthen ownership rights, allow the tracking of resources, and create a tamper-proof record of transactions.\n\n<b>Access to additional financial services for the underbanked</b>\nBlockX is the foundation for a variety of companies like <a href=\" https://www.tokenizer.cc/\"> Tokenizer  </a>. Tokenizer is designed to foster financial inclusion by tokenizing financial services in order to provide access to consumers and small enterprises in emerging areas. Thanks to their specialized integration specifications, wallets are releasing new BCX-based goods and services every month.\n\n<h2>The benefits of BlockX</h2>\n\n<b>Stability</b> — Essentially zero downtimes as <a href=\" https://www.blockxnet.com/\"> BlockX  </a> is built on a completely decentralized network.\n\n<b>Interoperability</b> — Easily navigate compliance requirements and operate across borders.\n\n<b>Efficiency </b>— Enables users to make low-cost transfers at lightning speeds.\n\n<b>BlockX </b>has recently commenced the Initial Exchange Offering of its <b>BCX token</b> on the <b>Exmarket </b>launchpad platform. You can participate <a href=\" https://exmarkets.com/launchpad/bcx-btc\"> following this link  </a>.",
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      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "6kpkq4-most-expensive-sports-nfts",
      "title": "Most Expensive Sports NFTs",
      "body": "![image.png](https://cdn.steemitimages.com/DQmRJok5P53BCAtxzuTtFfJpnsCoHVcg56tVDDLmcGATUWB/image.png)\n\nIrreplaceable tokens or NFTs are becoming one of the fastest growing collectibles in the field of blockchain technology.\nGenerally, it can take many forms, such as photos, collections, clips, and so on. For sports enthusiasts, some famous NFTs are considered the Holy Grail. Regardless, these are some of the most expensive NFTs that sports fans can buy.\n\n<b>Top 10 Most Valuable Sports-Related NFTs</b>\nFrom the Stadium Talk report on sports NFTs, the most expensive NFTs in sports come from various sports including basketball, baseball, and boxing.\nFor some people, they may be a simple visual effect, but diehard collectors and fans can buy them at incredible prices.\n\n<b>10. Mookie Betts ($ 2.05 million)</b>\nIn recent years, the price of Bett’s digital tokens has been increasing.\nThe Dodgers’ All-Star outfielder has expensive souvenirs even for sports fans. His expensive NFT is where he wears the Boston Red Sox uniform.\nWhen they won the World Series three years ago, this was the team’s iconic game.\n\n<b>9. Action Jacksons Sports Card ($ 2.08 million)</b>\nReggie Jackson’s sports memorabilia card is now worth $ 2.08 million. Baseball fans can now take it home so they can enjoy the iconic JacksonsOfAllTrades logo of a baseball legend.\n\n<b>8. Aaron Judge Legendary ($ 2.129 million)</b>\nIn the last three years, the value of Aaron Judge’s chip has skyrocketed. What they could have asked for is the World Series champ of the New York Yankees.\n\n<b>7. Alex Morgan Legendary ($ 2.129 million)</b>\nMorgan is the only female athlete on the list of the most expensive sports-related NFTs. Fans won’t forget how Alex made sports a popular area for women. She has left a lasting impact in the women’s soccer industry.\n\n<b>6. Nifty Doge Low Tayl0r.WFT ($ 2.1 million)</b>\nThis pixelated image appears to be abstract art, but according to Tayl0r.wtf, the artist behind this NFT, it is a digital shoe. In addition to Doge Low, the creator has another work of art that sells for up to $ 9.2 million.\n\n<b>5. The rare Diego Maradona 2020–21 ($ 4.3 million)</b>\nDiego Maradona broke the hearts of many fans after him and died in November of last year. Since then, the value of your NFT card has grown rapidly. This rare card was the one where he was coaching for the Gimnasia de la Plata.\n\n<b>4. Michael Jordan SportPunk (US $ 5.06 million)</b>\nThis NFT cryptographic art from Larva Labs has been included in the list of the most expensive sports tokens.\nAccording to the creator, only 100 were created. Buying this 8-bit NFT also means buying its commercial rights.\n\n<b>3. Jermall Charlo: Lions Only GOLD ULTIMATE ($19.1 million)</b>\nOn the NFT signed card, Charlo made an unforgettable posture when he won the WBC Middleweight World Championship. He knocked down Dennis Hogan twice in their 2019 game.\n\n<b>2. MLB champion Brett Gardner ($21.28 million)</b>\nThis blockchain game has been operating under MLB.\nBrett Gardner’s in-game statistics will determine his price for this virtual character. This sporty NFT is a must-buy choice for Yankees fans, who want to cherish Gardner on and off the court.\n\n<b>1. Statue of LeBron ($21.6 million)</b>\nKimani Okearah took this memorable photo of LeBron James’ Tomahawk dunk on February 1st last year.\nLater, the image became the official sports NFT. If you buyf this NFT, you will get a deal with the four-time NBA champion. Recently, Toronto-based NFT photographer Gabriel Di Sante sold LeBron’s exclusive photos for $555.\n\nThe whopping price tags on these NFTs have a lot to say about the potential this sector has. Although these prices might seem unreasonable to some, it sure sounds pleasing to the ears of investors and hardcore sports fans for whom price is just a number when it comes to showing off their love for their favourite players and teams.",
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{
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  "timestamp": "2021-12-01T15:44:33",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "kpzyi-nfts-as-a-social-network",
      "title": "NFTs as a Social Network",
      "body": "![image.png](https://cdn.steemitimages.com/DQmbL8jF538VFAfvmsjgG6kpBsabSvhMcooDMXfbw2oyBga/image.png)\n\nEugene Wei, one of the go-to tech writers we can find online wrote an article on how “Status-as-a-Service” might be a real concept that plays an integral part in justifying the otherwise irrational NFT sales. The pillars on which he based the article are as follows:\n\n1. People are status-seeking monkeys.\n\n2. People seek out the most efficient path to maximizing social capital.\n\nThese two points go a long way in explaining the human tendency to spend millions of dollars on very minimal pieces of art, as seen in the case of CryptoPunk. CryptoPunks are 24 into 24 pixel art NFTs, of which there are, and will only ever be 10,000. This is what makes it scare and unique, which accounts for the immense craze for it amongst the crypto fans. It acts as a status symbol, similar to any other luxury product, be it fancy bags or the limited-edition sneakers you always wanted.\n\nA common mistake that people make while analyzing social networks is that they overlook the importance of social capital. The same is the case with expensive “irrational” NFT purchases. Social capital is a sign of power and importance, hence, playing a vital role in how people make financial decisions.\n\nEugene Wei evaluates the power of social networks on the basis of 3 factors namely-\n\n1. Utility\n\n2. Social Capital\n\n3. Entertainment\n\nUtility is pretty self-explanatory, if the social network provides you with a solution to a certain problem or allows you to perform a task with ease, it adds utility to your life, therefore adding value.\n\nSocial Capital on the contrary is not as easy to explain. It is basically the value it brings to the table by creating a social status. As per point 2 stated above, this seems to be a crucial factor while determining the power of the social network.\n\nEntertainment, an obvious requirement, which contributes to the scale by which social networks are judged.\n\nWei speaks informatively about the various paths that a social networking platform can take that can shape its growth. The right balance of social capital and utility is likely to create wonders and propel the social network in the right direction. An example of an app that strikes this balance perfectly is WeChat. A Chinese app that provides its users with almost all the utility they need and a moments feed that supplies it with the social capital it requires to make it a big deal. An imbalance in the importance given to these 2 factors could be the reason for the slow growth and eventual stagnation of the social network. However, there are still certain asymptotes that could lead to undesirable results:\n\nProof of Work- every social network brings a new form of content that makes it unique and attracts traffic towards it. Although it sounds easy to get on a new platform, mastering the art of what works on a particular social network isn’t everyone’s cup of tea. This makes getting social capital a tough task, which is why people chase it.\n\nToo much Social Capital- when the number of active users rises, displaying all the available content to the users becomes a daunting task. This in turn leads to social networks using an algorithmic approach. This fends off certain companies as the likelihood of their content being displayed is lowered.\n\nCollapsing Social capital- as the number of people using a platform increases, people tend to migrate to other platforms with better features and more utility. The proportion of users is on a constant decline due to this and eventually could lead to the collapse of the network itself.\n\nNow that they have spoken about social networks and how they can judge what they bring to the table based on the utility, social capital, and entertainment they offer, let’s take a look at how non-fungible tokens could potentially disrupt this space.\n\nNFT’s check all the boxes that Eugene Wei listed for an efficient and successful social network, they are high on social capital, utility as well as entertainment. How? Let’s see.\n\nSocial capital- NFT’s are unique, limited, and very high in demand. In the case of CryptoPunks and Apes, the number of minted characters is capped at 10,000. This makes them scarce in every sense of the word. With scarcity comes a high price tag, which boils down to a reputable social status- social capital. Buying a cool CryptoPunk and bragging about it on social media gives them the “rich” social status similar to the status obtained on buying awfully expensive items like luxury yachts, fancy watches, supercars, and whatnot. NFTs are innately a better way to publicize your wealth and status since they have greater visibility owing to the fact that they are traded online on public platforms.\n\nUtility- NFTs are great investment opportunities. They’re very limited and popularly in-demand so as the number of crypto and NFT enthusiasts rises the demand for these tokens is likely to skyrocket and produce amazing ROIs for the investors. Another method by which they can add utility is by providing the owners with special access to certain features, lounges, and communities as seen in the case of Bored Apes. Buying an ape grants the owner access to the Board Apes Yacht Club. NFT marketplaces and sales can provide employment opportunities to many as well. These features of NFTs make them a high-utility product, thus checking the utility box comfortably.\n\nEntertainment- Who doesn’t like seeing the staggering sales amounts, millions of dollars being spent for art and other collectibles. The NFT world is in no way deprived of drama and constant entertainment. Moreover, NFTs lead to the formation of micro-communities based on common interests which also add to the entertainment factor.\n\nNFTs are not necessarily indicating the rise of a new social network. In fact, NFT owners would prefer to use the mammoth customer base the existing social media platforms have to brag about their purchases and use them to gain social status. The buzz that NFTs create can have a very positive implication on all 3 factors which might make NFTs the next big thing?\n\nThis article would be incomplete if we ignored the asymptotes linked with the social network effect:\n\nProof of work: NFTs being extremely versatile pieces of art have the potential to unlock a million new ways of proof of work. This indeed eliminates this asymptote but there do exist some others that come into existence due to the current method of adoption which are- exorbitant pricing and the complete dependency on the crypto for transactions. Both of these are being worked on by various start-ups in this space and a good solution is likely to enter and take over the market soon.\n\nThe problem associated with Social Capital: the problem that arises due to the algorithmic approach is the lack of visibility for certain posts on social networking platforms. At its core, NFTs are decentralized and can be used anywhere the owner decides to use them. This pretty much overcomes the visibility barrier.\n\nAll in all, NFTs possess great potential as they provide buyers with the right combination of utility, entertainment, and very importantly social capital. Their future seems uncertain now, but they do check all the right boxes and are very much on track to be the next big thing in the world of finance, social media and God knows what else.",
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{
  "trx_id": "f39b8bf123539f78cdbca02ea27884b5c2342994",
  "block": 59474490,
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  "timestamp": "2021-12-01T15:39:30",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "holthamlet",
      "permlink": "avuc7-reddit-for-buying-and-selling-of-officially-licensed-digital-collectables-itsmyne",
      "title": "Reddit for buying and selling of officially licensed digital collectables- ITSMYNE",
      "body": "<center>![itsmyne.png](https://cdn.steemitimages.com/DQmPuzd62GJdFw3yRUUj8vokidWWV4oKxexrKNbzNnYDLFJ/itsmyne.png)</center>\n\nA centralized platform that serves a dual purpose of providing fans with the required tech infrastructure as well as a dedicated community to discuss what they love is an interesting concept that <a href=\" https://itsmyne.club/\"> ITSMYNE  </a>  is working on. It combines what Reddit brings to the table, which is, great community discussions, along with NFT transactions making it a one-stop solution for sports fans. Basically, a community-driven marketplace for officially licensed digital collectables. The market for this kind of an application is huge since the target audience is the people interested in sports primarily and there exists no perfect solution that feeds the hunger they have for sports discussions and collectables of their favourite players and teams. The customer base need not be restricted to sports fans as this solution can be applied to other streams including films, media and production houses as well.\n\nYes, there are existing platforms for discussions and other platforms to purchase your collection of tokens. But incorporating these 2 features into 1 simple to use customer-centric application aims to simplify and easing these processes. This concept is future proof as well as fans are never going to stop showering love on their favourites.\n\nThe app introduces the idea of NaaS, NFT as a service that can indeed be a booming industry in itself owing to the immense potential that NFT’s possess. Judging by the rising interest in this field, the uprise of blockchain, NFT’s, cryptocurrency transactions seem well within reach. <a href=\" https://itsmyne.club/\"> ITSMYNE  </a>  aims to resolve all the issues that end-users face while interacting with the members of the global sports community as well as the problems faced during the listing, buying and trading of NFT’s by making the app simple to use and easy to understand from both the creator as well as the buyers POVs.\n\n<b>How this can help sports clubs/production houses-</b>\n\n<a href=\" https://itsmyne.club/\"> ITSMYNE  </a>  will allow easy listing of officially licensed collectables which makes the process easier for clubs and sports professionals, who despise the long hours they waste on listing something like this on other platforms. Primarily this will serve as an exceptional source of revenue for the teams, players and media industry. A lot of emphases has been placed on making the app easy-to-use for its users which is always a plus, irrespective of whether it’s from the user’s end or the creator’s end.\n\n<b>How it can help users/fans-</b>\n\nBy providing a medium to engage in sports, media, NFT trading, buying, selling and interacting, all in one place, backed by the security and legitimacy blockchain provides and ease and comfort of using provided by the team.\n\nA common issue that is faced while buying and selling NFT’s is the availability of the option to use fiat currency. Not everyone has adapted to the use of crypto as a centralized form of payments, so the option of using fiat currency is a plus.\n\nAnother common issue that has to be addressed while talking about NFT’s is the carbon footprint it leaves behind and the environmental damage that is caused by minting these non-fungible tokens.\n\nAccording to the Digiconomist website, a single Ethereum transaction consumes more than 70.32 kWh, enough to power 1 U.S. household for 2.5 days. This is equivalent to a carbon footprint of around 34 Kg of carbon dioxide (CO2). These numbers are indeed dreadful and can lead to irreversible damage to the environment in the long run. The mining of cryptocurrency to purchase the NFT’s are a leading cause of this damage. The main providers of the NFT art market use Ethereum to finance their transactions which requires a substantial amount of energy to mine. Considering the fact that this market is going to expand, the amount of energy required and the amount of environmental damage that it might lead to is most definitely a red flag.\n\nWhat repels certain creators and buyers from an NFT marketplace is the ambiguity and doubt about the originality of the listed tokens. For anything to hold good value it must be unique and very limited. Fakes and copies of some tokens make the existing system questionable. Importance must be given to form a regulatory body that verifies the nature of the seller and list only the genuine sellers. This seems like a problem that can be solved easily since blockchain technology allows for the backtracking of every transaction, eventually leading to the source of the NFT.\n\nNFT marketplaces provide a good investment opportunity for the buyers as well. Buying a token not only displays the love for your favourite sporting teams and production houses but also provides you with means to trade them, make profits and grow your money.\n\nA common problem with the current marketplaces is the pre-requisite knowledge that creators need to have. It is a considerably large-scale problem that restricts artists from creating their own NFT and listing it. This somewhat hinders the scalability of the NFT marketplace concept since not all creators have enough time to dedicate to understand and learn the know-how of NFTs, cryptocurrency, listing, royalty and other technical aspects before they can list their art and monetize it.\n\nThe lack of any pricing regulations baffles creators, there seems to be no clarity on how much particular NFT’s should cost. With regards to pricing, the in-app currency wallet needs to be optimized very well to ensure smooth transactions and making the user experience better. A steep difference in pricing at different times is a key trait while dealing with NFT’s and cryptocurrency. The volatility and uncertainty play an important role in how people perceive these concepts. Integration of fiat currency might prove to be necessary at this point since it provides some form of stability, eliminating one of the main problems associated with the use of cryptocurrency for making transactions.",
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