#social media algorithms have power even the creators can scarcely understand but sure use it for monetary gain | Explore Tumblr posts and blogs

fuckyeahphysica · 4 years ago

Text

[The your government behind the overall game exchange surfaced] DAGE: Keep your thighs, and make money fast

Life is a circle. Some people have not walked from the circle drawn by fate for life. Actually, every point on the circle includes a soaring tangent.

--Zhang Fang " Decentralized anonymous game exchange DAGE is the world's 1st diversified ecological task of exchange + game/gaming platform + OTC mining + game development along with consensus mechanism. The essence is a brand-new economic model that combines video game landing scenes with blockchain technology and token economy. It gets the characteristics of strong deflationary effects. In the underlying framework, liquidity and economic benefits are shared through the circulation system of DAGE tokens (DID benefits, game stable currency DGT, platform currency DGC). Its transparent, safe, stable, and quick gaming and deal encounter has been widely recognized by the, and has caused numerous institutional funds injections. Currently, the DAGE global ecosystem has been launched and placed into use. "

The blockchain game market is principally developed around the underlying advancement, item trading, player community and game publishing, which has derived the existing underlying public chain of the blockchain game industry, game asset trading platforms, decentralized game publishing platforms and communities, etc. Industry chain. Among them, the most essential link-game asset trading, has problems such as inability to guarantee security, inability to cross-platform transactions, and high handling fees. Therefore, quite a few blockchain-based game asset trading systems possess emerged, and traditional third-party game asset trading systems have also begun to try blockchain. Asset trading systems such as Enjin, UG chain Dmarket, Wax, Gameflip, etc. desire to create corresponding enhancements in game asset trading and distribution marketing.

They try to map game assets into homogenous or heterogeneous tokens on the blockchain. In a nutshell, this is a custodial assistance. Under this assistance, players can change the possession of game possessions, and smart contracts can help the overall game. Asset delivery and payment are guaranteed. However, like "custodial" game exchanges usually have complications such as single function, scarce visitors, and weak profitability. They can not create a relatively complete business closed loop, and much more so-known as "ecology" and crack the monopoly of giants. It is also true there are no real head game exchange players available. However the blockchain industry always includes a good drama of "tale reversal". When the market continued to be in a downturn, the decentralized anonymous game exchange DAGE ended up being a one-prevent integrated game exchange, DApp application market, anonymous community (DID), equipment & global sim communication (dark web anonymous social), OTC mining Nine major game landing scenes including mining, Proof of Game (PoG), DID Reward, stable currency DGT, and token economy DGC. At this time, a complete blockchain game ecosystem has surfaced.

At the start of the entire year, under the opportunity of the epidemic situation, DAGE broke out in the mobile game market against the trend, and the transaction level of users and game assets rose rapidly. The amount of registered users exceeded 70,000 within 3 months, and the platform had more than 2,100 crucial nodes. And its POG game mining/OTC mining has detonated the market: making money by doing offers, while obtaining several profits such as advertising revenue sharing, game distribution sharing, product sales commissions, and internal game revenue, supplying all gamers with tangible prosperity income . Correspondingly, the platform Token DGC has also turn into a "highly popular" platform currency that everyone is vying for. Corresponding to the boost and the rapid increase in transaction volume are the considerable benefits for earlier DGC holders. Undoubtedly, the market data reflects the fantastic appeal of DAGE's "brand-new gameplay".

So, after concentrating on interest and visitors, with the blessing of nine major business sectors and disruptive abilities, as a fresh power for the top gamers of the overall game exchange, how can DAGE commute a whole new overall market?

Technology drives the massive upgrade of the overall game industry With the rapid development of global telecommunications technology and 5G technology, the traditional game/gaming industry has shifted from offline to online, breaking geographical constraints, expanding the scope of communication, and developing faster. At the same time, the design is continually being novel, helping to make the game's attraction not merely limited by cash benefits, but amusement interest has also become a essential factor. These elements have made the overall game industry incredibly developed. According to incomplete statistics, the market value of the worldwide gaming industry reached 536 billion U.S. dollars in 2017, which the web gaming market is about 40 billion U.S. dollars, in fact it is likely to increase to 82.7 billion U.S. dollars in 2022. Corresponding to such a huge market dimension, each chain of top of the, center and lower gets to of the overall game sector involves many individuals or attention links, including but not limited by: gamers, professional game teams, developers, white hat hackers, bilateral systems, sponsorships Sellers, brokers, media marketing teams, etc. Predicated on this, the entire industry urgently requires a "crab-eater" in order to standardize "professional rules", promote the process of compliance, split constraints and monopolies, create large-scale and gain pie, and then benefit all links of the entire industry. DAGE is ready to be the first individual to consume crabs. Utilizing the role associated with "icebreaker" to mix the global game industry design in direction of transparency, fairness, anonymity, antitrust, and anti-bias, iterate deeply, while providing huge profits for several participants in the overall game industry, in addition, it opens up "nuggets" for regular people The gate allows more people to take pleasure from the dividends associated with the blockchain + game wave, and truly creates the particular myth of nationwide wealth in the particular era of brand new infrastructure.

Actually, as a respected player in the overall game exchange industry, DAGE includes a profound insight in to the integration of the entire industry chain and the new financial model from the top-level design. First of all. The overall game industry itself has its economic climate, especially the assets in game products may also be settled according to the existing algorithm system. Therefore, the huge amount of funds flow needs is founded on the self-financing and integration of the token economic climate itself. Paying attribution, the exploration on the combination of people will start the incremental market and prosper the entire game industry. Secondly. The acceptance and influence of the overall game are not obtainable in other industries. It is important is that the majority of the problems that traditional games are facing at this stage could be solved by blockchain technologies. In the DAGE setting, through access to the underlying blockchain, smart contracts, and the payment function of the overall game token DGT itself, it could provide game products with ways to take away the centralization drawbacks, and make sure the security and fast payment of funds And the fairness of the overall game process encourages the upgrade of the entire industry. At last. Once we all know, the overall game industry is one of the most profitable industries on earth. Reid Hoffman once said a good product can simply cater to the 7 deadly sins of human being sex: goodness, violence, greed, laziness, anger, jealousy, and arrogance. It is the nature of the kind to end up being thinking about games. The annals of human being evolution is truly a procedure for rewarding and adventurous. Since adrenaline is secreted when taking risks, when winning, the brain is continually rewarded, secreting more peptides and dopamine, which makes individuals excited and even addictive. This is why the consensus is that the overall game industry is the largest traffic volume, and at exactly the same time, the profit is the highest, the operating mechanism is the most mature, and the most important thing is the fastest reaction to the digital currency token economy, which makes the opportunity fleeting. In the currency circle, DAGE's benefits are particularly obvious. The nationwide dividend "potential energy for wealth creation" is not any accident The market is bullish on the short-term and long-term advancement of the DAGE exchange, along with the expectations for the platform currency DGC and OTC mining, lie in its strong popularity without fear of a bear market, the innovation of the double currency economic model, and the overweight game traffic that empowers various business sectors profit. Key point one Not scared of the strong popularity of the bear market For OTC mining in the DAGE ecosystem, users not merely do not need to pay a handling fee, but they will receive a commission as high as 1%. Predicated on this, by March 20, DAGE had over 70,000 real-name registered users, over 100,000 energetic OTC mining/mobile game mining users, and maintained day-to-day trading volume on around 600,000. Among them, what is the idea of a daily average UV of 100,000? In fact, when compared to amount of users, the average day-to-day UV can a lot more accurately understand how many visitors actually come to the platform per unit time, and this is a number that game exchanges can only expect.

In addition, when it comes to reward mechanism. DID is the DAGE anonymous identity of the co-creator of the DAGE local community, that is permanently valid, anonymous and unique. Users who've obtained DID anonymous identities can receive referral benefits by inviting users. The benefits obtained may be used to apply for brand-new DID anonymous identities or start OTC mining quotas, conduct OTC mining, and receive income and principal within a day. The biggest benefit of developing the city around improving the reward mechanism is that it could quickly accumulate real and high-quality users. Quite simply, what DAGE can "grab" isn't just the prevailing users of the currency circle, but additionally the incremental users from all aspects of the worldwide game industry. Jointly, the two form the platform user scale impact. Key point two Development of dual currency economic model Currency has 3 functions: exchange section, accounting unit and value store. To a certain degree, digital possessions are made to enhance the above features and open the period of "programmable currency" and smart contracts. But as yet, no digital asset can truly enhance the above 3 functions through a sufficiently first-class method. The primary reason is the volatility of electronic assets. The subject issue of traditional games/gaming platforms is fiat currency. The exchange rate of fiat currency is usually relatively stable. The brand new profit point created by DAGE is based on the appreciation of currency prices. As a value unit, the platform currency DGC also offers the issue of excessive fluctuations in the value of digital assets. In order to much better carry the value voucher function of the huge funds circulation of the game/gaming platform, and protect users in exchanges, game products along with other hyperlinks DAGE has developed a double currency model, specifically the platform currency DGC and the stable currency DGT.

DGT is DAGE's stable currency, 1DGT=1USD, which can be circulated among all products in the DAGE ecosystem, and can also end up being exchanged with DID anonymous users, apply for new DID anonymous identities, and take part in mining. Quite simply, DGT makes it possible for all gamers to benefit from blockchain technology and lawful currency stability at the same time, allowing their (asset) withdrawal to be reliable and safe, denominated in USD, and withdrawn anytime through the DAGE exchange. DGC is the value-added currency of DAGE, which has the dual features of game exchange platform currency and ecological token. DGC is a tangible program token that may completely penetrate all hyperlinks of the DAGE ecosystem. For instance: used as a deduction for online dealing with charges of game/gaming products. Quite simply, an individual volume, daily average UV, and capital flow of most games/gaming products in the entire ecosystem will be transformed in to the liquidity and depth of DGC. When more and more game products are linked, the landing scene of DGC will become more and more. Abundant, the ecological scale gets bigger and bigger, the requirement and usage of DGC will also be bigger and bigger, that may promote the raise of the real value of DGC, so as to make currency holders trading revenue. At the same time, area of the income and transaction charges of the DAGE ecosystem will be used to repurchase DGC and burn it in a certain proportion to keep up the circulation of DGC in a deflationary condition. All in all, DGC can be an incremental market that can be created. As long as the DAGE ecosystem continues to grow, the market value of the platform currency will become larger and larger, and all currency holders can truly, sustainably, and increase benefits. Key point three Overweight game visitors empowers profitability in a variety of business sectors The industry consensus is that the game/gaming industry is the largest traffic entry, and at exactly the same time, it gets the highest profit and the most mature operation mechanism. The prospective of DAGE is the most profitable market on earth. On the main one hand, it could bring huge liquidity to the platform currency DGC; however, facing the huge amount of funds flow demand, based on the anonymity and economic And payment features, the profitability of most business segments of DAGE cannot be underestimated.

With regards to the primary business DApp application market, it'll launch all game products in the DAGE ecosystem, such as: e-sports, games, online flash games, mobile games, etc. When the product is released, its application token will also be listed in the DAGE decentralized anonymous game exchange at the same time. In this manner, all platform individuals can simply participate in the overall game and exchange it through the exchange anytime and anyplace if the overall game is earned. Legal currency, along with the geometric multiplication of income through currency transactions, while taking pleasure in the enthusiasm and enjoyable of the overall game, the huge benefits are significant, transparent and assured. Furthermore, anonymous communities (DID) and devices & worldwide sim communications (darkish web anonymous interpersonal) are undoubtedly just-needed businesses. Based on both of these major businesses, all participants in the DAGE ecosystem can safely and conveniently conduct games, connections and fund transfers upon a global scale. Global DID can access DAGE dark web and DAGE ecology without trace, and remain anonymous to the exterior world. At the same time, the DAGE device may also become an identity verifier and a VPN portal, protecting every transaction created by DID and keeping all DID information. Brother Fang has something to state Veteran and rookies, 1 crop after another, among these, DAGE is undoubtedly very lucky. Since its start, it has earned the influence that most game exchanges don't have. As a uncommon player with good funds, it has attracted more More interest and traffic. It now appears that predicated on heavy insights in to the game sector and blockchain technologies, the new ecosystem of decentralized anonymous game transactions that DAGE is focused on can be regarded as a market opportunity. As a changer who started the next 1 / 2 of the blockchain game industry in 2020, DAGE may also start 1,000 different blockchain games one after another, sponsoring various kinds of offline Texas, e-sports, and football fits, so that all associates can Take part in the entire DAGE ecosystem online and offline. It is among the most game battle platform with the most types of games and the biggest amount of users on earth. The wind has blown. Can DAGE shoot the front wave in the seaside with a strong ambition, new thinking and model? It is worth looking forward to. DAGE Decentralized Anonymous Game Exchange Official Website

This short article focuses on Industry trend evaluation, deconstruction of quality projects Does not constitute investment advice Be mindful when entering! cautious! cautious! Welcome to become listed on Zhang Fang's understanding planet Zhang Fang: Mars Financing, Huo ? Information Contracting Columnist; Golden Financing, Link Xiang Financing, Nine Billion Financing, and Zhilian platform certified columnist. The old man who has been immersed in the blockchain for several years only discusses dried out goods and doesn't talk an excessive amount of. Late-night time welfare, you understand (don't believe about it, Fang Ge is a serious person).

Past content (decided on) ◇ Organizing notes (5) ? EOS, the increasing celebrity of Li Xiaolai platform ◇ Organizing notes (7) ? Those that have no idea Token, what do they want to know? ◇ Sorting notes (9)? Soaring 90 occasions per year, Wright's first battle became famous ◇ Compiling notes (11)?Adverse market surges 20 occasions, ONT will go above the sky? ◇ Sorting notes (14)? OKB soared 50% in April, what is behind it? ◇ Sorting notes (21) ? NEO skyrocketed thousands of times, can Antman become Antman ◇ Sorting notes (23)? The HSR primary chain is "once again" on the internet, and the chef participates in the super node election and said that the braised pork will skyrocket! ◇ Sorting notes (26)?Record of university students' loan speculation: the passing away knell will ring permanently, there is no one before, and there are various comers! -G O O D L U C K-

#bitcoin mining #bitcoin to usd #opskins #coinbase earn #how to mine bitcoins

1 note · View note

click2watch · 6 years ago

Text

I Can’t Believe This Blockchain Is Free

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative.

The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers.

As anger has grown over the power wielded by internet gatekeepers such as Facebook and Twitter, many blockchain advocates argue we could fix social media if it were built on decentralized, consensus-based networks instead of corporate-centralized platforms.

Some developers, such as those behind decentralized social media platform Steemit and the cryptocurrency-driven journalism solution Civil, have even started putting these ideas into practice.

Developers will still need to resolve thorny problems of privacy, identity and inefficiency if these new networks are to prove successful. Nonetheless, the principles behind the technology offer a framework for redesigning a broken system. This framework focuses the reform effort on the worthwhile goal of having more of the value generated by the content and data traveling over these networks accrue to those who produce it and less so to gatekeeping platforms such as Facebook or Twitter.

But to get there, we need to understand the nature of the problem. And, right now, there’s a huge misunderstanding across society, one that’s captured in this one tweet, from none other than Twitter itself:

I hate to break it to those who don’t yet get it, but we are most definitely paying for Twitter. In fact, collectively, you could say we are giving up the proverbial farm.

To be fair, the tweet was a winking reference to an in-joke among Twitter users, who often write “I can’t believe this website is free” when conversations on the social media platform take entertainingly absurd turns. (The anachronistic use of the word “website” to describe a service most users access as a mobile app is deliberate.)

But the fact that so many assume they are getting their yuks for free speaks volumes about how the information behemoths of the Internet 2.0 era have hoodwinked society – and perhaps their own staff, who may well believe they are giving away a “free” product. The good news is that the tweet gives us a nice way to home in on the nature of the problem.

To me, it’s encapsulated in the idea that, in 21st-century digital capitalism, data is a commodity, the most important commodity of all. We’re paying Twitter and other social media platforms with our data.

The gold of our era

Data is the gold of our era. It’s the core source of value in the online “attention economy,” and it’s bought and sold in a Wild West-like context.

Data is trafficked, ruthlessly acquired, repackaged and bundled, and then sold for other sources of value: audience, services, and fiat currency. And there’s precious little transparency on how that entire enterprise is being managed.

This data-commodity economy is dominated by opaque, centralized aggregators of information, most prominently by a group sometimes referred to as GAFA – Google, Amazon, Facebook, Apple – but also involves smaller firms such as Uber, Netflix and, of course, Twitter.

These entities play a role not dissimilar to those other big centralized gatekeepers of valuable information: banks. And it’s in that context that the disruptive, disintermediating precepts of blockchain technology apply to this problem.

The goal is to decentralize the trade in this data-commodity, to create alternative models of trust that don’t require as much centralized coordination so that data’s value can be harnessed by those who create it. The objective for the user, to paraphrase a bitcoin saying, is to “be your own (data) bank.”

‘Mining’ the data

Other crypto analogies are useful, too. This data-commodity is “mined” into existence and we do the mining. We do so in two ways: 1) by producing and distributing content (posting and sharing tweets and status updates, uploading photos and videos, making comments) and 2) by allocating to certain content and ads a particular amount of a scarce, very important resource: our attention.

But we’re more like the indentured, impoverished miners of Bolivia than wealthy bitcoin miners with giant ASIC farms. After mining this data-commodity, we hand it over to the centralized data aggregators, no questions asked. They are the ones who extract all the downstream value from it by analyzing, bundling and repackaging all this information as a product to sell to their advertising clients, their real customers. (Remember, to paraphrase a famous quip from cybersecurity guru Bruce Schneier, “You, user, are not Facebook’s customer, you are Facebook’s product.)

Sure, the platforms do give something in return for this commodity: they deliver back to us a selection of content generated over their network and they create a sense of community and connectedness among all those sharing it. But the high valuation of companies like Facebook, Amazon and Google tells you that the price at which they “buy” this commodity is very low, a price defined by the amount of control they permit over the composition of the content and community experience.

We create our own follower and friend networks in the belief we are creating a desired stream of content and a tailored community for ourselves. But, to varying degrees, the platforms’ algorithms make a mockery of that “free” choice. They choose our newsfeed designs on our behalf and in so doing define the echo chambers in which we increasingly spend our online lives.

In truth, for most of its existence, Twitter paid a higher price for our data-commodity than, the more stingy Facebook. Its newsfeed was less manipulated, more of a raw, straight-up chronological stream of tweets, whereas Facebook went out of its way to create what its ad sales team called “like audiences.”

Facebook extracted users’ data to deliver a carefully selected mix of friends’ photos, corporate-promoted posts and sidebar ads to groups of people whose data trails had shown them to be highly likely to share that content with each other. These echo chambers, deliberately forged and explicitly marketed to advertisers, are the root cause of the “fake news” problem, more so than the fact that Russian operatives or Macedonian kids exploited them.

More recently, the disparity between Twitter and Facebook has narrowed as the former has manipulated its feed in response to shareholder demands and the latter has pared back its algorithmic distortions in response to the public outcry of data abuses. Regardless, these models persist for all social media platforms and most online applications in the attention economy. “What is your data play?” is a standard venture capital question to startups seeking investment.

The challenge, then, is to design an architecture that allows the producers of data – we, the users – to become less beholden to these centralized aggregators and create a more decentralized digital economy in which we can trust each other’s data and make better personal use of it. Having more say over what information is extracted, rather than just passively accepting the manipulated feeds and shopping tips of the social media platform, should, in theory, result in better economic and political decisions for all.

A blockchain mindset matters

This is where blockchain concepts might help.

To be sure, the instinct toward centralizing information flows will persist, since centralization establishes efficiencies and network effects. Nonetheless, blockchain technology raises the potential for a system that logs cryptographic proofs of existence and data about the authorship of media content in distributed consensus-based ledgers. This, in theory, would enable trustworthy peer-to-peer transfers of that content without the intermediation of a gatekeeper.

From there, the hope is that this blockchain-like structure gives more bargaining power to the creators of information and fosters a more reasonable distribution of the data-commodity’s value. This would not necessarily manifest as direct dollar payments, but could enhance users’ ability to extract insights directly from their data. The goal would be for users to have greater say in what information they read or view, and Facebook’s ad sales department less.

How information is curated on these more decentralized systems is still being figured out. Steemit and others are building cryptocurrency reward systems to incentivize story placement decisions that reflect the community, rather than advertiser interests. But they’re still figuring out how to get the reward and incentives system right, so that the interests of token-holding curators, who too often are solely interested in stories that support their favored cryptocurrency, are better aligned with those of readers.

There are also challenges regarding privacy and identity that will remain an obstacle to the development of real, decentralized social media solutions. How do you onboard real human beings and prevent bots from gaming the system without a centralized, permissioning authority?

Nonetheless, a blockchain mindset that identifies how, in the current model, centralized gatekeepers unevenly extract valuable information from our activity, is a powerful place to start when thinking about reform.

At the very least that mindset can help you call social media giants’ bluff when they tell you, even with a hint of irony, that their services are “free.”

Jack Dorsey image via CoinDesk Consensus archives

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n; n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window, document,'script','//connect.facebook.net/en_US/fbevents.js');

fbq('init', '472218139648482'); fbq('init', '239547076708948'); fbq('track', "PageView"); This news post is collected from CoinDesk