The Growth of Gamification at Markethive: Get Ready for Video Flying Ads - The Wheel of Fortune Is Already Turning

The intersection of gamification and digital marketing is growing and evolving at Markethive, offering fresh ways for businesses to connect with their audiences. This expansion brings new opportunities for engaging, interactive marketing strategies that can truly resonate with customers, making the experience more enjoyable and memorable. 

Markethive, explicitly designed for the Entrepreneur, is a friendly, supportive Market Network that prioritizes your privacy and security. It goes beyond a typical social network by serving as a hybrid enhanced social market network. This platform seamlessly integrates the power of Inbound Marketing into the News Feed and infuses the dynamic nature of the social network into its Inbound Marketing capabilities. This makes it a perfect environment for gamification. 

Flying Video Ads: Enhancing Member Engagement through Gamified Rewards - in development.

In terms of gamification, Flying Video Ads offers an innovative approach to advertising, transforming passive viewing into an interactive, rewarding experience for members. This concept centers on gamifying video content by incentivizing user engagement with tangible rewards. Unlike traditional advertising models that often interrupt the user experience, Flying Video Ads seamlessly integrates into the platform, making ad consumption a desirable activity rather than an obligation.

The flying video ads will occasionally pop up and run across your screen in the Markethive interface. If you click on them, you will be notified of a contest (a high/low type of contest) and how many Hivecoin (HVC) you will receive for watching the video. 

Benefits for Members:

• Monetization of Attention: Members are directly compensated for their time and attention, turning a typically passive activity into a valuable one.
• Enhanced User Experience: The gamified nature makes ad viewing more entertaining and less like a chore.
• Access to Rewards: Members receive desirable rewards, such as Hivecoin, the native cryptocurrency of Markethive, boosting their overall platform portfolio.
• Discovery of Relevant Content: Through personalization, members are exposed to products and services that align with their interests.

Benefits for Advertisers:

• Increased Engagement Rates: The gamified, incentivized model drives significantly higher ad views and interaction rates than traditional advertising.
• Improved Ad Recall and Brand Awareness: Active participation in gamified videos enhances memorability and brand recall.
• Measurable ROI: Detailed analytics provide clear insights into campaign performance and the effectiveness of ad spend.
• Positive Brand Association: By offering a rewarding experience, advertisers can build a more positive association with their brand.

Flying Video Ads signals a paradigm shift in digital advertising, shifting from disruptive methods to a mutually beneficial ecosystem. It incentivizes member participation and makes ad viewing an interactive experience, thereby boosting user satisfaction and yielding better results for advertisers. This forward-thinking strategy builds a stronger, more positive connection between brands and consumers, setting the stage for a more effective and engaging advertising environment.

Markethive's Wheel of Fortune: Spin Your Way to Crypto Wealth and Lifetime Revenue!

Many features of Markethive are still to be released later this year. One that has already launched is Wheel of Fortune, which highlights its gamified element. This interactive, gamified system is designed not just for fun, but to significantly benefit every participating community member by offering a diverse array of Markethive-related prizes. It transforms engagement into tangible rewards, driving activity and value within the platform.

A Spectrum of Valuable Prizes

With every spin, participants have the chance to win a bounty of Markethive assets, directly enhancing their presence and portfolio on the platform. The rewards include:

• Hivecoins (HVC): The core cryptocurrency of the Markethive ecosystem, providing direct financial value and utility.
• Bee Coins (BEEs): A micro-unit of Hivecoin, serving as an easily accessible fractional component. (Note: 100,000,000 BEEs are equivalent to one Hivecoin, much like a Satoshi relates to Bitcoin).
• Ad Impressions: Valuable credits for running marketing campaigns on Markethive's internal Banner Impressions Exchange, (BIX) boosting visibility for businesses and profiles.
• Airdrop Bumps: Multipliers that increase the volume of Hivecoin received during scheduled airdrops, accelerating crypto accumulation.
• Newsfeed Boosts: Enhanced visibility for your content on the Markethive Newsfeed, ensuring your posts reach a wider audience.
• Micropayment Boosts: Multipliers applied to the micropayments you receive within the Markethive system.
• Initial Loan Protocol (ILP): The most coveted prize, offering a share in the platform's lifetime revenue. Spins can award partial or even a full ILP, opening the door to becoming a Markethive Shareholder.
• Exclusive Top Placement Banner: A temporary, high-visibility advertising spot for a day, offering unmatched promotional value.
• Entrepreneur One Lifetime Account: Full, premium access to the platform's features for life, including 1/10 ILP every year it’s active. 
• Faucet Bounces: Enhanced returns on Markethive's built-in crypto faucet.

The Mechanism: A Donation-Based Win-Win System

The Wheel of Fortune is structured as a transparent, donation-based platform. Community members contribute at levels 1 through 5, ranging from $1 USD to $100 USD. 

The fundamental principle governing the system is simple: The number of spins and the potential value of the prizes are directly proportional to the chosen donation level. Higher donations yield more spins and access to larger prize brackets. The system provides a fundamental guarantee: "Every Spin is a Win!" Participants are assured of a benefit for their contribution, as there are no "lose" outcomes or empty slots. At the very least, a participant will win a free spin to try again.

Your Donation Translates to Exponential Returns

In exchange for your support via a donation, you receive immediate chances to win, which often translate into superior returns, including:

• A chance to win substantial HVC amounts.
• Double or Triple Returns on upcoming airdrops.
• Significant boosts to your advertising impressions and newsfeed visibility.
• The life-changing opportunity to win a fractional or full ILP, securing your status as a lifetime revenue-earning Markethive Shareholder.

Exclusive Limited-Time Promotion

To celebrate the launch and encourage broad participation, Markethive is offering an exceptional promotion: Until further notice, the Wheel of Fortune is available at a massive 50% off the published donation rate. This significantly lowers the barrier to entry, making it an ideal time to maximize your spins and potential winnings.

How to Get Started

You will find the Wheel of Fortune by clicking its icon in the tray at the top of the home page. Participating is quick and easy. To begin your journey toward crypto accumulation and potential lifetime revenue: 

1. Select Your Wheel: Choose the desired donation level (Wheel) you wish to contribute to.
2. Choose Your Spins: Determine the number of spins you want to purchase.
3. Spin and Win! The system conveniently tracks and stores your purchased spins, which you can use immediately or save for later.

The Wheel of Fortune marries the fun of gamification with the serious opportunity to build wealth. It is a strategic tool for community members seeking to rapidly grow their crypto portfolio while offering the chance to achieve the pinnacle of Markethive membership as a lifetime revenue earner with an ILP. 

Your donations also support Markethive’s ongoing iterations, including scaling the infrastructure, expanding the feature set, improving the user experience, and completing the ecosystem’s build-out of the revenue system, which encompasses the retail side of our products and services, ensuring Markethive's continued leadership in the decentralized market network space.

Are you taking advantage of this dynamic feature and the daily opportunities it offers? Why not give it a spin? Not only are you rewarded with assets that will be extremely valuable in the foreseeable future, but you are also helping Markethive continue to build its God-given vision that millions of aspiring entrepreneurs worldwide desperately need. 

The Dual Benefit: Building Your Assets While Fueling a Global Vision

The rewards for your engagement are twofold and deeply impactful:

1. Gaining Valuable Future Assets: The immediate benefit to you is the accrual of future assets within the Markethive ecosystem. These assets represent a stake in the platform's future growth and prosperity, creating a powerful engine for passive income and appreciation. You are not merely participating; you are actively investing in your own future portfolio with every action you take.
    
2. Actively Supporting Markethive's God-Given Vision: Beyond your personal gains, your participation provides the essential momentum to advance Markethive's larger, profound mission. This vision is desperately needed by millions of aspiring entrepreneurs worldwide; a decentralized, fair, and empowering platform where small businesses, innovators, and creators can thrive without the stifling control or high costs of traditional Silicon Valley giants.

A Movement for Global Entrepreneurial Empowerment

Markethive's core mission is to build an ecosystem grounded in the principles of equitable wealth distribution and true digital ownership. The platform is designed to be the definitive 'entrepreneurial social market network,' a place where genuine economic freedom is possible. 

By participating in Wheel of Fortune, you become a critical part of achieving this grand humanitarian goal, ensuring that every entrepreneur, regardless of location or starting capital, has the tools and community needed to turn their aspirations into reality. Your daily engagement is a decisive vote of confidence and a direct contribution to democratizing global entrepreneurial opportunity.

You are invited to join a powerful movement and actively contribute to the unfolding of this transformative vision, while simultaneously positioning yourself to receive substantial incentives for your dedicated support and participation.

This article is designed to provide a comprehensive understanding of Markethive, exploring the profound reasons its foundational principles and ambitious goals are considered a divinely inspired vision - a framework rooted in a higher purpose. It meticulously details the multifaceted steps we can collectively take to nurture and sustain this endeavor. 

Furthermore, it establishes a framework for patient anticipation, recognizing that the full and glorious realization of Markethive's immense potential, and with it, the manifestation of your own eventual, well-deserved prosperity, is intrinsically tied to and dependent on God's perfect timing. Our commitment is to work diligently in the present while maintaining faith in the future, understanding that the most significant rewards await those who align their efforts with divine providence.

 

 

 

The Growth of Gamification at Markethive: Get Ready for Video Flying Ads - The Wheel of Fortune Is Already Turning: The Growth of Gamification at Markethive: Get Ready for Video Flying Ads - The Wheel of Fortune Is Already Turning ...

The Rise Of The DEX And Peek Into A New Financial System

Since DEXs are permissionless, no one checks your identity

DeFi (Decentralized Finance)  is a term used to cover various components and activities, including Decentralized crypto Exchanges or DEXs which are at the cutting edge of DEFI. The rapidly evolving market of the DEX allows peer-to-peer cryptocurrency transactions without the need for an intermediary.  

DeFi - A New Financial System

DeFi is a system by which financial products become available on a public decentralized blockchain network. That makes them open to anyone to use, rather than going through middlemen like banks, brokerages, and even centralized crypto exchanges.

Unlike the legacy financial institutions and centralized crypto exchanges (CEXs), the KYC/AML (Know Your Customer and Anti-Money Laundering) protocol. These are usually government-issued ID, Social Security number, or proof of address. They are not necessary with the DeFi protocol and are welcomed by those concerned about their privacy and who cannot access valid documents.

More specifically, DeFi operates in a decentralized environment on public and permissionless blockchains, making it possible for buyers, sellers, lenders, and borrowers to interact peer to peer and use services encoded into open-source software protocols and smart contracts rather than a company or institution facilitating a transaction.

Historically, intermediaries have been the central hub acting as agents and brokers of trust, providing liquidity and security. Over the last century, the massive failings of this system, resulting in tumbling economies and the onset of a global recession, revealed a major flaw in the architecture. With the emerging technology, we can see a glimpse of a new financial services infrastructure. 

Decentralized finance uses technology to disintermediate centralized models and provides financial services on a global scale to anyone regardless of ethnicity, age, or cultural identity. It also gives users more control over their money through personal wallets and trading services that expressly cater to the individual, not institutions. 

 

Source: https://www.coingecko.com/

What Is A Centralized Exchange? (CEX) 

Since the inception of Bitcoin, coin exchanges were fundamental as the vehicle to connect buyers with sellers. These exchanges are centralized and facilitate every aspect of digital trading. On most CEXs, you must deposit fiat or cryptocurrency into an exchange-held crypto wallet before making trades. In the world of digital assets, this is called on-ramping (as opposed to off-ramping, when you withdraw and convert your crypto to fiat).

Although you can transfer your crypto to an external crypto wallet (non-custodial wallet), many users leave it in their custodial wallet managed by the exchange, so essentially you give up control of your crypto. You don’t own the private keys to your funds, which means that you ask the exchange to sign a transaction on your behalf when you withdraw. You need to trust the exchange with your money. 

Notably, in Sept. 2020, centralized exchanges accounted for approximately 95% of the crypto trading volume. CEXs function as trusted intermediaries in trades and often act as custodians by storing and protecting your private keys, and therefore your funds. Along with the cost of your independence, centralized exchanges have their challenges. 

They reside in specific geographic locations and are subject to stringent regulations. A recent example of this is Binance, which was banned from undertaking any regulated activity in the UK. Any centralized exchange can place limits and restrictions on its customer’s actions, and some have been the target of malicious attackers, hacks, and fraud. Overall, they are arguably centralized bottlenecks that stand in contrast to cryptocurrency’s open, decentralized ethos.

Centralized entities have dominated the field of crypto exchanges and are now more than ever at the behest of regulatory authorities. You know, the ones we are trying to separate ourselves from. But with the continuous evolution of technologies, decentralized exchanges are emerging as an alternative. 

 

Source: https://www.coingecko.com/

The Decentralized Exchange Approach (DEX)

DEX platforms use a different approach when facilitating the buying and selling of cryptocurrency. With no intermediary organization to clear transactions, DEXs leverage the functionality of self-executing smart contracts. Their backend exists on a blockchain, and as DEXs are non-custodial, no entity takes custody of your funds or control of your private keys.  

Since DEXs are permissionless, no one checks your identity. All you need is a cryptocurrency wallet. However, some DEXs are partially run by a central authority, so there are some legal requirements that need to be adhered to. In some cases, if the order book is centralized, the host must remain compliant.

DEXs have become more prominent today, with over 85 exchanges listed on Coingecko, offering advantages that impact custody of digital assets, diversity, transactional trust, investor privacy, and trading fees. 

 

What Are The Advantages Of A DEX?

Custody - No counterparty risk

The primary appeal of decentralized cryptocurrency exchanges is that they don’t hold customers’ funds. Being non-custodial also means you don’t relinquish control of private keys to transact. You have an external wallet that interacts with DEXs instead, where trades self-execute through smart contracts. 

This eliminates counterparty risk and breaches like the Mt. Gox hack in 2014 and, more recently, the Binance hack that has put users’ funds at risk and exposed sensitive personal information.
 
Diversity

Currently, there are over 9,000 cryptocurrencies on the market. CEXs choose the cryptocurrencies they list and generally only list those that meet the requirements. These are adequate trading activity, prevalence, and effective security standards to ensure profitability and legal compliance. 

Altcoins that aren’t listed on centralized exchanges can still be traded freely on DEXs, where peer-to-peer transactions can occur without high trading volumes. This provides a broader opportunity for engagement in digital assets and enhances financial inclusion.

Trustless Transactions 

On CEXs, every transaction is overseen and recorded by a central authority, the exchange itself. Through smart contracts, DEXs execute trades and record them to the blockchain, enabling trustless transactions. This means that the system is run autonomously by the blockchain protocol’s underlying technical architecture and consensus mechanism. 

Decentralized exchanges are distributed across a vast network of computers and governed by their stakeholders. Anyone can become a stakeholder in a crypto DEX, share in its evolution, and benefit financially from its growth. There are numerous elements foundational to the trustless nature of blockchain networks, including immutability, decentralization, transparency, censorship resistance, and neutrality.

Privacy

Investors and Traders using decentralized exchanges don’t need to disclose their private keys because wallets are held externally, and the DEX is not liable for the funds. For the same reason, users aren’t typically required to complete KYC and AML procedures when using DEXs. 

Lower Fees 

Decentralized exchanges have no intermediary and function through the use of self-executing smart contracts. Therefore, DEXs like Uniswap charge a lower fee of around 0.3%. Although these fees fluctuate in response to the network utilization, they remain far lower than the costs incurred on centralized alternatives.

 

Overcoming Obstacles

Over recent years, many decentralized exchanges have emerged and have experienced some obstacles, including limited scalability, throughput, liquidity, and usability. However, DeFi and DEX are still in the infant stages with ongoing innovation in the technology, iterating on previous attempts to streamline the user experience. 

Ethereum-based DEXs have seen increasing momentum and user adoption. New combinations of cutting-edge technology are helping later generation blockchains overcome the perceived shortcomings of earlier implementations. Cardano’s 3rd generation blockchain, DeFi platform, and Hydra technology will address the obstacles mentioned above.

The whole point of decentralized finance is to build financial services separate from the traditional financial and political system.

Interestingly, Cointelegraph recently reported the U.S Securities and Exchange Commission is very keen on understanding what is happening in the smart contract-based digital asset and DeFi landscape. Hester Peirce, Commissioner of the SEC, has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.

Dubbed the crypto mom, Pierce believes that DeFi founders need to ensure complete decentralization from launch to bypass financial regulation. 

“If you want to be decentralized, you really need to be decentralized, and that is going to then put you in a different category from the perspective of regulators because that’s just not something that we’ve dealt with before.”

 

The Future Of DeFi And Crypto Exchanges 

DeFi will minimize the power from large centralized organizations and put it in the hands of the open-source community and individuals. It allows for a more open financial system preventing censorship and discrimination worldwide.  

Decentralized exchanges are a solution and valid alternative to centralized entities.  Through on-chain smart contracts, DEXs provide a trustless method of connecting buyers and sellers and offer new precedents of equitable involvement and governance for stakeholders.

No banks or corporate exchanges are required. While a board of directors runs banks, DEXs are run by the “customers” themselves. With increasing momentum, we will witness a ramping up of innovation in technology throughout the entire industry. The evolution of technology will challenge the status quo and heavily align with the ethos of self-sovereignty.

 

Sources: Gemini Cryptorials, Binance

 

The Rise Of The DEX And Peek Into A New Financial System: Since DEXs are permissionless, no one checks your identity ...

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