The Internet Is A Game All Are Having To Play
We know the world changed a great deal in the last 30 years. So much took place with the introduction and advancement of the Internet that it is near impossible to remember what life was like before it (for those old enough to even remember).
One area that this really is evident is in business. There is little doubt that companies were seriously affected by this new medium. It completely disrupted the flow of information, how we communicate, and where we shopped. Many industries saw some of their biggest players destroyed.
We also see the most valuable companies in the world have a direct association to this. What do Amazon, Microsoft, Apple, Google and Facebook all have in common? Major portions of their businesses come from the Internet. After all, look at the impact Apple had by making mobile a way of life.
Of course, we could make the case this was simply Web 2.0. The real magic comes with Web 3.0.
Huge Opportunities
Over the last few years, the words "YouTube Star" began to enter our vocabulary. Here we saw average, everyday people suddenly becoming media sensations on YouTube. Their following grew into the millions, offering celebrity to them. This was reserved, in the past, for the traditional media outlets. It was them who made, or broke, someone.
Online businesses, even outside the mega-corporations just mentioned, have flourished. Even traditional businesses had to turn to the medium to survive. Google and Facebook are where they are since they dominate the advertising space online, which is where most of the focus is.
We have a potential audience that is growing at a rapid rate. Here is the latest numbers on total Internet users:
There are now more than 5.2 billion people online. That means each time we type something on our phone or PC and post it, the potential to reach the masses exists. We never what will go viral and the chances increase the more we put out there.
Another vital component is the speed. Every Tweet, video, or blog post is instantly available to the world. Within seconds of posting, our ideas could find themselves in front of billions. That was unheard of just a few decades ago.
It is a game that anyone can participate in. We find that it is no longer optional.
Everyone Is Forced To Participate
Stability, at least according to our old models, is vanishing. Job security is rapidly disappearing. Affordable housing, well-funded retirement, and a profession that lasts decades are all gone. There is a lot more economic uncertainty as compared to the past.
This means everyone is being funneled into this realm. The Internet is a game all are having to play. Billions are online engaging with a variety of outcomes.
At the base layer is the pure amateurs. They are on social media or blogging without monetization. Many are inept at the strategies required to excel in this manner. Perhaps it stems from the fact they do not care, nor realize they have to play the game. Instead they use the medium to complain about how bad things are in the "real world" lives, omitting the fact that they are part of the game.
The second tier are those who understand what is going on and are having a degree of success. They know the strategies and are using the tools available for financial benefit. Many are promoting their offline businesses. Nevertheless, they utilize the game to garner more followers, the first step into turning them into customers.
Finally there are the true professionals. These are the ones who achieve the lifestyle changing results. They tap into the huge numbers for windfalls that make the rest of us envious. The Internet can create exact matches between producers, users, and fans. When one is able to align this, the numbers grow quickly.
The Internet is a content driven mechanism. People are free to post simply by hitting a button. There is no cost so, other than time, the downside risk is non-existent.
In short, everyone is forced to create content. Even those in the first group, the ones who just want to Internet with their friends, are doing so. The difference is they are participating on behalf of the mega-corporations.
Not realizing they are part of the game is causing them to miss what is theirs.
Web 3.0 Could Change Everything
There is enormous potential with Web 3.0. However, for anyone to benefit, he or she must first realize that the game exists and they are in it.
Some might question the use of the term "game". It is interesting because our models are often built upon the idea of gamification. Developers are seeking to gamify what is taking place on their platforms. Millions of people are thinking up new ways to turn their corner of the Internet into a game. Collectively, when we string all this together, we can see how platforms and applications are nothing more than pieces in a larger game.
For those who understand this, Web 3.0 is going to open up some major doors. The opportunities are growing exponentially. That is a term that gets throw around a great deal yet it cannot be avoided. Everything is being compounded in the digital world.
Blockchain and cryptocurrency are only going to take this to a much higher level. To start, the fact that it provides the potential to tokenize everything means that were are looking at a realm where the numbers get absolutely stupid. It will far surpass anything of value in our present system. Concepts such as micro-processing, fractional ownership, and digital twins are going create markets that are not in existence right now. Some of these markets will be worth hundreds of billions of dollars.
Web 3.0 is monetizing the near-infinite. The separate aspects of the digital world are all growing exponentially. Whether we are looking at computational power, bandwidth, or data generated, it is all compounding. The growth rates far exceed anything we saw in the traditional realm. Once we leave the world of atoms, we find that we can maneuver bits at a much greater pace.
Being in such a world means those who are adept at this game are going to find themselves in position for enormous financial gain.
Here is an example from @derangedvisions. He was involved in minting some HivePunks, one which sold for 5,555 HIVE. This was a digital asset that cost 20 HIVE to mint.
In USD, this is over $4,500. Let us take a look at what a difference that made.
I know there are a lot of people that will say that I sold it for way too cheap, but those people are not in the same position that I am in life. I am extremely happy with my sale and I won't regret it at all, even if it sells for the new asking price of 50,000 Hive. Profit is profit in my book and I really lucked out with what I got. One of the things I have learned over the years in my crypto journey is to not look back and on what you should have done or could have done when it comes to buying or selling your crypto. All that matters is that I made an amazing profit and my kids are going to have a great Christmas this year.
Notice what took place. Here is someone that purchased an asset that doesn't exist other than in digital form. Money was used to mint it that cannot be held or physically handed to someone. And the non-existent asset was sold to someone using the same currency.
Of course, the asset was "built" by a computer that basically configured pixels in a random manner.
See, nothing more than a game.
And one that we are all having to play as we transition away from the existing model that was built over the last couple centuries.
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