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Financial Transition
During these times of financial transition there is a great need to create things of value with much needed creativity given the global restrictions many are operating under.
There is much talk of a new digital economy from the halls of the central banksters, one that they own and control from a central point. I prefer decentralized options.
On Sunday during a Markethive meeting, Thomas Prendergast spoke about the power of community and I certainly agree that where there is a strong community and a worthy project designed to help improve the lives of others there is every chance of both, not just succeeding but also thriving.
I guess in a world where many existing structures are not working building something of greater value is one way to replace and make the old ways obsolete, whether that be in the day structures or bigger projects.
Was it not Buckminster Fuller who once said ‘To change something build a new model which makes the existing one obsolete’
So at a time when many have suffered huge losses including loss of their livelihoods I have been looking out for free things of value which could help people rise back up and get a footing with cashflow.
Another description might be a self liquidating offer, which is something which effectively pays for itself in the process.
Faucets such as cointiply which pay out for free are one such example. The challenge I have found is that a lot of time round the computer is needed to gain any momentum with this and can be detrimental to health. Still I am grateful for the $10 or $20 I gleaned in the past from this.
Airdrops are another example and I recall benefitting to the tune of $300 from a few combined in the past few years.
Markethive of course offers Markethive coin when someone registers on their blockchain social/market network for free as long as they remain minimally engaged, which is more than fair. It is about engagement after all.
While I have a portfolio of assets that I cannot currently touch I wanted to see if I could find some different self liquidating offers.
Self Liquidating Offer Experience
I thought I would share my experience with a free app which shows many possibilities. You may think of others.
I learned about a shopping app which has been around for a few years and had a write up in Forbes too. I had no idea of its existence. Since I am not a lavish shopper and not into apps too much I guess that explains why.
How it Works
When you download this app for free and shop through it in their related stores such as ebay, aliexpress, fiverr,adobe and booking.com to name a few, you get anything up too 100% discount payable in their crypto currency which is currently trading between 75c and 95c.
Right now they are doing a special promotion till Xmas whereby on downloading the app and successful registration (email + pwd + verification code) $100 worth of their token is delivered into your app.
I believe after Xmas it continues at a reduced rate. That seems very generous. Well those rewards go into pending mode in your app to start with, and subject to a minimum one-off spend of $30 in one of their stores in the first 30 days that reward then gets approved. [see T and C ]. [You are not required to repeat that minimum spend every time you purchase thereafter].
In the event of no minimum purchase within 30 days the $100 reward simply expires but you can continue to accrue various rewards through your purchases or on any future offers. So it acts like an incentive coupon in that sense.
This is fair enough as the whole idea is to enhance the shopping experience through engagement while experiencing how crypto works while preventing people from fraudulently gaming the system.
The same applies if someone onboards via your referral link. On successful registration $100 goes to their app in pending mode and the referrer likewise. When they make the minimum one-off purchase of $30 it enables their $100 to be approved after the refund period, and also releases another $100 for you.
Anita goes shopping
I am not a huge shopper, and neither do I love it. I tend to be more functional and frugal. Now that I have confessed that, I decided to road test this as I had a kitchen item in need of replacement after breaking down.
So I downloaded the app via an invitation link and received $100 in the pending rewards section in the assets tab. It only took a few minutes and the app seemed clean and well functioning.
The next day I went through the app into ebay, and bought a food blender which would be about $40. I have to translate as I am in the UK, and yes it took me a day to want to shop!
The shopping experience through the app was seamless for me which was refreshing. Ebay confirmed a 50% discount which would show in the app once the order was processed.
So now I have the original $100 + $26 approximately pending approval once the refund period is over. My item arrived the next day, and I received email confirmation. I have since gone from bronze to silver level which simply means more staking rewards and potential offers. I wasn't really thinking about that.
So what has just happened here? I have spent thirty pounds [$40 ] for an item I needed to replace. I have effectively got it at 50% off because that crypto reward can be converted later. So that would make it like a $20 spend
Also taking into account my $100 reward which will get approved, that gives me $60 PROFIT on top subject to the fluctuation in currency price. Given that a penny saved is a penny earned that equals $80+ in total gain.
I can't do that at my bank!!! I would have to reincarnate multiple times to get half of that!! So shopping just became a little more enhanced and fun for someone who naturally resists this activity, and it helps my cashflow. So I was pleasantly surprised by the whole experience.
I also tested their support system out with a query and got a reply within 24hrs via their zen desk.
What else can you do with your rewards?
Well you can hodl, stake or convert to btc and usdt, and indirectly to fiat if you choose. You currently need to have the metamask wallet to stake. I am not a fan of the mobile version of metamask, but I understand they will be adding more options as they expand.
They have been around for a few years and have a community of 300,000 which they are building on according to their platform. They have different levels for everything and their emails and terms and conditions walk you through each aspect
On Being Creative
I then got to think from an entrepreneurial angle as to how I could integrate philanthropy with my business using this concept and offer, while it is around. Many have lost huge income and I am tired of many of the old and traditional ways of business.
I came up with a potential idea that I could offer the new digital edition of my book when someone downloads the app. I may test this out.
Idea 1
(Breaking Free is my true story and personal journey from tragic loss and self imprisonment to joy, purpose and inspirational legacy. It was written to inspire and help those who are struggling with loss of joy and purpose to regain their stature)
Idea 2
The other idea I had is that when they make that minimum $30 purchase for something they need or want as a gift, I could offer them a consultation session
That creates a win-win scenario because they get something valuable with the possibility to acquire a session in a greatly discounted way and I get to combine philanthropy with a humanitarian initiative.
They get to acquire something they might struggle to afford as a by-product of their shopping, and I get to help those who are struggling by combining business with philanthropy, using some form of self-liquidating offer.
You may think of other possibilities to do something similar. The possibilities I observed through this were:-
I got to apply a cash flow strategy to help me save money, greatly needed at this time. It also opened up some creative ideas for business and I shall see how that experiment unfolds while the app offer is around.
This is just one of many ways to get creative. If you want to take up this book and/or consultation offer described above, simply message me first.
Otherwise, you can simply enhance your shopping experience and have fun and engage with crypto in a no risk manner or. You can also get creative with it as I did to bring more value and help others with your business.
Social Good.
The app is called Social Good and here are the instructions below:-
https://referral.socialgood.inc/?id=ZLVU5U
You are not obliged to shop but if you do so within the first 30 days your bonus will be approved. Same principle applies to referral bonuses. They get activated once the invitee makes that minimum first time one-off purchase.
Not everyone will do. Be ok with that .I have already gained $80 without that. You will get some emails walking you through using the app so do read them and have fun with your shopping experience.
If you think you would like to combine strategy to obtain my book Breaking Free and/or consultation session on any personal growth matter please reach out to me so I can guide you through the screenshot I will need.
I hope you have enjoyed reading this article and that it has opened your mind to creativity, whether it be for this or markethive, or your own business, as we move into a new digital economy.
I will come back and edit this post as things unfold and progress. Till next time.
Stay well
