[Photo Credit](https://www.pexels.com/photo/person-raising-hands-mid-air-sidewards-while-standing-on-gray-steel-railings-680257/)
Happy 125th Independence Day!
This blogging contest for June initiated by @hiveph reminds me of my years of stay in South Korea, from 2012 to 2016. During my four years of stay there, I remember a day when I participated in a lecture in Seoul sponsored by the Friedrich Naumann Foundation. That was on 26 May 2014.
The topic in that lecture was Freedom Barometer in Asia. The speaker emphasized that political freedom, the rule of law, and economic freedom are the three aspects of freedom that are discussed in contemporary discourse. I learned then that there are ten variables utilized to assess the freedom status of countries in Asia. At that time, the Philippines ranked eighth out of seventeen countries.
Preparing this piece, I visited the site where I got that information before, but the links are all dead. I am curious to know the current freedom status of the country after nine years. This is an inescapable reality in the cyber world. What you think about content that will stay on the web will soon disappear without you knowing it. And this is what I like about blockchain technology. Whatever you put on the chain will be there no matter what. Such a stable feature of this cutting-edge technology is somehow comforting, but at the same should make us extra cautious in creating content. You cannot remove it; it will stay there even after decades that you’re no longer here on this side of life.
Among the ten variables, access to sound money is a key component of economic freedom. This caught my attention. I was a gold bug then. I saw that sound money as defined by Jorg Guido Hulsman and Thorstein Polleit of the Mises Institute is a vital aspect of economic freedom.
However, my view changed after encountering blockchain and cryptocurrency in August of 2021. For so long, since the 2008 crash of the housing market, I have been looking for an alternative monetary system, and I thought that the return to The Gold Standard is the only way.
Just two months ago, that was 09 April this year, Milan Stanojevic published his opinion on bitcoinmagazine.com about the possibility that the move of the BRICS nations to return to The Gold Standard can usher into the hyperbitcoinization of the world. I am not sure if you agree with his opinion or not, but that’s how he sees the current trend in geopolitics and macroeconomics.
Returning to my independence topic, I think it is not inappropriate for us Filipinos to be reminded by none other than our national hero himself saying that economic freedom is essential for complete independence. In other words, political and cultural freedom are not enough. They could be illusory and can give us a shadow of independence.
In commemorating the 125th Independence Day of the Philippines, I hope and pray that an increasing number of the younger generation in the country will come to realize the correlation between freedom and an alternative monetary system. If returning to the Gold Standard is not the way to achieve it, then how about the option provided by blockchain and cryptocurrency? We have been learning here on Hive that the platform can provide what we badly need that can give substance to our understanding of economic freedom.
Responding to the question about the importance of independence, yes, I do believe that independence is very important. However, in the digital world where the reality of globalization is at anyone’s fingertip, I think we are not far from the truth if we will begin to embrace this idea of a digital nation. And the number one threat to this new kind of freedom and independence is no longer a powerful nation, but those who posture themselves that they know better than us what we are supposed to do not only in our social media interaction but also in our financial transactions. This to me is the new battlefield in our time.
Grace and peace!
What is Hive?
What is LeoFinance?

Ray Dalio Gold Standard
https://www.prioritygold.com/ray-dalio-dont-gold-know-neither-history-economics/

Those who shout that “trickle-down economics doesn’t work” seem to be zealots in the belief that higher taxes paid to the government on all levels will trickle down and eventually benefit everyone.

Today i will be exposing the Virgin Anarcho Capitalist VS the Chad Anarcho Communist Meme here: https://knowyourmeme.com/photos/1331942-virgin-vs-chad.

Lets start with the Virgin Anarcho Capitalist.

#1. The Virgin Anarcho Capitalist wants Corporations deregulated according to the Marxist that wrote this.

Answer: Corporations are Organs of the state and are collectively owned not individually owned. Corporations are Syndicates, and as I've mentioned before the Soviet Union called them Syndicates and the Italian Fascist called their Syndicates Corporations. Corporations are Marxist Fascist Socialist Organization. They have nothing at all to do with Capitalism nor a free market.

#2. The Virgin Anarcho Capitalist comes from an incredibly wealthy family according to the Marxist that wrote this.

Answer: I would actually argue that Those of the Public Sector State Hierarchy Controlling the means of production are the extremely wealthy socialist group. There aren't to many rich Capitalist as those of the Private Sector are having their wealth siphoned away by the State. But not only that, they are also having their businesses crushed by the State and considered none essential as what happened with the Covid lie. The State, through the Covid lie attempted to crush competition, thus they attempted to crush Capitalism which is private individual control of his/her own economy. Through Taxations our wealth is being redistributed to the Giant Corporations which are funded by the State giving these Corporation a huge advantage over Private Individually owned businesses. With all of the Government funding Corporations receive, they have no problem paying employees 20 dollars per hour minimum wage. Price control and minimum wage only affect the small privately owned businesses, not the Giants the Public Sector State Hierarchy supports.

#3. The Anarcho Capitalist Virgin always wears suits with bow ties according to the Marxist that wrote this.

Answer: Actually, it is the Socialist thugs of the Mainstream Media and those that have collective shareholder ownership of the of the means of production in the Stock Exchange Socialist Market who wear suits with bow ties.

#4. According to this Marxist, the Anarcho Capitalist Virgin is a big believer in Traditionalist gender roles.

Answer: You don't have to be a Capitalist to be a Traditionalist in Gender Roles. The differences is when one has individual control of his/her own economy, He/She doesn't care about controlling anybody else's life. Individual control of your own economy is freedom. I would however argue that it is Socialism that brings about the crisis and wars amongst the genders putting males against females and females against males, Whites against Blacks and Blacks against Whites, Employers against Workers and Workers against their Employers, Aryan Germans against Jews and Jews against Germans. All of these crisis are caused by collective control of the means of production, not private individual control of the means of production.

#5. The Anarcho Virgin Capitalist according to the Marxist author, Thinks the 50's and 60's America were the best.

Response: I have no idea how this belief defines someone as Capitalist

#6. The Virgin Anarcho Capitalist somehow believes in both individualism and tribulism.

Answer: The above is Oxymoronic, as you cannot have both Invidualism and Tribulism. This contradiction is explicitly evident in Hitler's writings, who was a Socialist by the way. Hitler says in Mein Kampf that National Socialism also promotes individual worth.. Hitler however could never solve the contradiction this brought about. As if he really promoted individual worth as he said, then there was no way he could Nationalize the Masses or Socialize the people as he also said he would do. If there was individual worth, then the Germans couldn't be working for the betterment of their race, and there was no way for Hitler to Socialize the Aryan Race, as they would be competing with each other. Capitalism is strictly about the Private Individual and has nothing to do with groups or tribes who's effort is to strip the individual of his individuality. It is Socialism who promotes Tribalism and Collectivism. What the Marxist that created this Meme has proven is that the Virgin Anarcho Capitalist is actually a Socialist. I would however agree that he is not a Marxist Socialist. But by definiton he is a Socialist!

#7. The Virgin Anarcho Capitalist according to the Marxist that created this Meme, is scared of black and brown people and wants to create his own ethnostate.

Answer: As we already know that it is collective control of the means of production that brings about the clash between racial groups (Race Socialism), not individual control of the means of production. It is therefore easy to decipher that the Marxist author of this trash Meme is lying. Coupled with the fact that the Virgin Anarcho Capitalist wants a (White Enthnostate), which proves he is not a Capitalist but a Socialist, as State Control of the Economy is Socialism. Capitalism is Anti-State. Capitalism is the Antithesis of Socialism and therefore cannot be Socialism at the same time. There is no State in an economy that is controlled by individuals.

#8. The Virgin Anarcho Capitalist thinks Liberals are Left according to the Marxist Author.

Answer: Actually this is more proof that the Virgin Anarcho Capitalist is actually a leftist Socialist, very possibly a National Socialist. Classic Liberals are on the Right for the most part and are libertarians.

#9. The Virgin Anarcho Capitalist is a useful idiot to Fascists according to the Marxist author.

Answer: The author doesn't even understand the definiton of Fascism and is resorting to pseudo definitons as is common with Collectivist, that is, if the author even knows a pseudo definiton to the Term Fascist at all. As is common with most Marxist Fascist, they can't even define what Fascism is. Or else, they would understand that they are indeed the Fascist Trade Unionist. As Fascism in its simplist definition is Trade Unionism. The Soviet Union was Marxist Fascist. It is literally in the name, Soviet Union. Italian Fascism was Trade Unionism. All you have to do is read the writings of Gentile the creator of Fascism and Mussolini. They make explicitly clear what Fascism is, and what their political ideology was, which is contrary to what Marxist Historians and Sympathizers on Wikipedia are saying.

#10. The Virgin Anarcho Capitalist has no praxis, just whines about liberals on the internet.

Response: This sounds more like a National Socialist. Classic Liberals are on the Right not the Left.

Meaning of classic liberalism: Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech.

#11. The Virgin Anarcho Capitalist uses Statist and Collectivist as insults.

Answer: As i have proven beyond a shadow of a doubt. The Virgin Anarcho Capitalist according to how this Marxist describes him, is not an Anarcho Capitalist but a Utopian Socialist. He is indeed a collectivist no different than the Marxists and is living in a world of Contradictions and pseudo definition of terms identically to the Marxist.

#12. The Virgin Anarcho Capitalist believes in Hierarchies according to the Marxist author.

Answer: And Hierarchies are Public not Private. The Marxist has literally spelled out here that the Virgin Anarcho Capitalist is really a Socialist. You can't have a Hierarchy when every individual is fending for themselves. Only collectivism brings about Hierarchies.

#13. The Virgin Anarcho Capitalist says Richard Spencer's ideas could work according to the Marxist author.

Answer: Richard Spencer is a leftist Race Socialist lol. Richard Spencer is so on the left that he voted for Biden. He made his voting registration public on twitter for everyone to see.

#14. The Virgin Anarcho Capitalist Invested in Bitcoin according to the Marxist Author.

Answer: Many Socialists are invested in Bitcoin as well. I don't see how this indicates that all who invest in Bitcoin must be Capitalist.

#15. The Virgin Anarcho Capitalist believes in White Genocide according to the Marxist author.

Answer: The reason why the Virgin Anarcho Capitalist believes in White Genocide is because he is a Socialist lol.

Done with the Virgin Anarcho Capitalist who should actually be renamed the Virgin National Socialist instead.

Later on when i have more time, i will refute the Chad Anarcho Communist part of the Meme as well.

[Photo Credit](https://www.pexels.com/photo/a-person-holding-a-coin-6781365/)
gmfrens everyone!
Let me suspend for a while my supposed-to-be second article on The Way to Financial Freedom Part 2 and give way to crypto and economics-related content. I decided to do it this way to submit an entry either to the Economics Writer Quest or in the Crypto Writer Quest or to which is more suitable as part of the Zealy campaign. To achieve this, I revisited the articles I published in June of 2022 about the Eurodollar market. In this post, I want to refresh myself on the insights I gleaned from the first chapter of the book, Eurodollars and International Banking, edited by Paolo Savona and George Sutija. Moreover, after giving an overview, I also intend to reintroduce some lessons relevant to the crypto space.
To accomplish the above goal, let me share first what @taskmaster4450 keeps saying about the relationship between the Eurodollar market and cryptocurrency. In fact, outside of Hive and the Leofinance community, I never heard of the Eurodollar market. It was my first time, hearing about the subject as I entered the crypto space in July of 2021. He keeps reminding us that for us to understand the character of cryptocurrency, we should first understand the Eurodollar market that provided its very backdrop.
At the outset, what I found fascinating is that I received a confirmation from the so-called authority figures in international banking that indeed the operation of Eurocurrencies is “outside the jurisdictions of national governments.” This is an insight that I never stumbled upon reading books on economics, of course except the current one under study.
Another startling discovery is the admission that the Eurodollar market is not a separate “banking system,” but an extension of the banking systems of major countries. Hence, the name “international banking” and “offshore banking” have been used to describe this market.
As such, the Eurodollar market plays a significant role in international finance due to the financial innovations it created and its impact “on domestic banking systems, on domestic monetary policies, . . . on inflation, interest rates and the distribution of credit” (p. 43).
Now, how did the Eurodollar market originate?
The birth of the Eurodollar market was associated with a certain “Dregasovitch” (p. 27) and its earlier names were diverse such as “Embark dollars,” “Continental dollars,” or simply “foreign market dollars” (ibid.). The first transaction happened in 1957 when Moscow Narodny Bank issued an $800,000 loan through a London commercial bank (ibid.). As such, in that year, “a new and original, international money market in short-term dollars and other currencies emerged in London” (p. 28).
A few of the unique features of the Eurodollar market include interbank huge transactions, basically unregulated, and “receives funds from everywhere to make loans to everywhere” (p.32). The clients involved in the market are commercial banks, central banks, transnational corporations, and some very wealthy individuals. Reserve requirements are not strictly implemented, which logically results in the expansion of loans. Transactions are secret and taxes are lax.
For Rene P. Higonnet, the presenter of the first paper, the above qualities spell huge problems. He identified the Eurodollar market as primarily responsible for the existing crisis in international finance due to the absence of accurate information, easing of strict banking practices, impulsive and unsound banking policies, and evasion of responsibility on the part of central banks.
To address the problems caused by the Eurodollar system, the proposal is to come up with a stricter form of regulation and supervision of Euro banks. Such a proposal entails better accounting practices, regulation of foreign lending, and supervision of all offshore banking centers. The responsibility to implement such a proposal will fall into the hands of an international committee of wise men selected from central bankers, commercial bankers, and economists (p. 43).
And so that’s the overview of the article I published in June of 2022.
Let us now turn to the lessons we can learn based on the foregoing information that is relevant to the crypto space, and I just want to mention three:
First, we learn from reading such a brief background of the Eurodollar market that it is indeed outside of national jurisdiction and unregulated. Cryptocurrency is simply following such a path. The identified characteristics are shared by both the Eurodollar market and cryptocurrency.
Currently, we now see nations that are pro-crypto and nations that are anti-crypto. The main issue is regulation.
As the record shows, national governments failed in implementing this task to regulate the Eurodollar market for 65 years. Will they be successful this time in regulating cryptocurrency? What do you think?
As far as authorities on international finance are concerned, what we know is that the pro-regulation group is in the minority, at least as far as the Eurodollar market is concerned.
The second insight has something to do with the importance of the Eurodollar market in international finance. Many of the features found in the Eurodollar market can also be seen in cryptocurrency. In the current status of the latter, we admit that in terms of size, the crypto market is still very small compared to other financial markets. Nevertheless, in the area of innovation and distribution, I think cryptocurrency deserves credit. As to its long-term influence on both national and international banking, monetary policies, and inflation, we still have to wait and see.
Last but not least is the difference and resemblance between the two regarding stability and volatility respecting fiat currency. Even advocates of cryptocurrency are divided concerning this issue. Some think that the explosive growth happening in cryptocurrency is a threat to destabilizing the world of legacy finance. Others opine that such growth is insignificant due to the gigantic size of traditional finance. From my perspective, I see it as a threat and that’s why the regulation voice is getting louder but I firmly believe that from a long-term standpoint, cryptocurrency will introduce abundance into the global economy. The only difference is that it will no longer be exclusionary just as what we have right now.
Grace and peace!
What is LeoFinance?
What is Hive?

[Photo Credit](https://zealy.io/c/leofinance-4960/questboard)
LeoFinance utilized zealy.io in launching a campaign with the aim of mass adoption. Whether our understanding of the word “mass” is the same as in the mind of the development team, is another question. Let us just take the plain meaning of that goal without going into a debate about whether that is achievable or not. If the goal is just to achieve 5,000 Monthly Active Users, I think that is more realistic and if that is what is meant for mass, I am fine with that.
Now, in launching this campaign, those of us who participate in it are given quests to complete. One of these is labeled under CYOA-Finance Bro. Sixteen quests fall under this category. They are as follows:

Info for Bros
Finance Writer
Business Writer
Economics Writer
Crypto Writer
FinTech Writer
Politics Writer
SEO Lion
Hive Journalist
LeoVerse Journalist
Bitcoin Journalist
Ethereum Journalist
EVM Journalist
Blockchain Journalist
Alpha Hunter, and
Final Boss – The Finance Bro

Source
I forgot how did I accomplish the first quest. As for the remaining quests, I find them very challenging. With my background in financial literacy, I can write about finance. Economics too would be an easy topic for me. Though I didn’t earn any formal degree in this discipline, I read a lot about representative economists from the Austrian School such as Ludwig von Mises, F. A. Hayek, Ron Paul, and Tom Woods. As for business, that’s not my field though at one time I wrote a research paper for someone taking a master’s degree in business while I was still writing at oDesk around 2009. There, I learn how to write SEO articles. But you know, any skill that is not utilized for quite some time, you will soon forget it and in the end, you might lose it. That’s also what I feel about thesis writing.
There was a time in 2006 when writing a thesis was easy. I thought that just using the same method I used in my master’s thesis, I can write one thesis every two to three months. But after several years of not utilizing the skill, simply writing a term paper now is quite difficult for me. I am now taking my Ph. D. in Intercultural Studies and we are done with the first three courses last February, but until now, I haven’t started yet writing our research papers. One is due on 31st May and the other two are on 31st July.
Returning to the above quests, crypto, and fintech is also not easy, but I can try. Politics, though controversial I can also try this, but please don’t be mad with me if we don’t share similar political persuasion. I am more inclined toward classical liberalism with its view of free markets, sound money, limited government, and low taxes. These ideas are unpopular these days due to the dominance of Marxist and socialist ideologies in the academe.
SEO, I can also try that. I just need to review how to find those keywords to write about. As for the six journalists’ quests, oh! I need more guidance on how to do it. The last two, Alpha Hunter and Final Boss, I am clueless.
I think that’s it for now. In the next post, I intend to continue what I started here and that is I want to break down a 5,600-plus presentation I did in November 2021 into separate articles as entries to complete the zealy quests.
Grace and peace!
What is LeoFinance?
What is Hive?

It was an honour to deliver a keynote speech here in Edinburgh, Scotland, at the prestigious Panmure House, the home of the father of modern economics Adam Smith.

We reiterated our message on the importance of education as the best investment and the best equalizer in any society. We encouraged partnerships between Scotland and Zambia, particularly in education, health, technology, renewable energy, and private sector skills development.

In our engagement with the Scottish First Minister, Humza Yousaf, we called for enhanced trade and investment support from the Scottish government to encourage joint ventures between our citizens and international investors to create long-lasting partnerships.

We will continue on our mission of economic diplomacy to encourage investment, stabilize our country's financial position, and create more opportunities for our people.

We have since concluded our engagements in Scotland and left for France.

Hakainde Hichilema
President of the Republic of Zambia
#meme #liketu #someeofficial #waivio

Ray Dalio Gold Portfolio
https://www.prioritygold.com/ray-dalio-dont-gold-know-neither-history-economics/

The list of 27 crypto topics you can post on Somee:

1. #Vacancies for new projects for content makers and marketers and other positions

2. Best New #Ambassador Programs

3. Info from closed paid telegram channels

4. Reviews of new #nodes and #testnets

5. New projects where funds invest

6. Reviews of all #metaverses

7. #P2E game tokenomics and game economics

8. Lessons for creating cool #NFTs from the designer

9. How to profitably trade on margin daily

10. Detailed analysis of project #tokenomics

11. Analysis of stock markets

12. #IDO - how to get project whitelists

13. Content about Arbitrage in crypto, how to make money on it.

14. How to write any smart contract step by step

15. Selection of interesting and relevant content about crypto from all over the Internet.

16. Search for wallets of whales that hold gem projects

17. Crypto programmer blog

18. Overview of the best conditions and platforms for #staking and #farming

19. Money management in crypto

20. Alpha - a selection of new projects at an early stage

21.#Funds - what new projects do foundations follow on twitter

22. How to write a #resume to become a team member or an early stage ambassador

23. How to get a position in a project or the role of Amba at an early stage

24. How to create farms in crypto - coinlist, discord, exchanges, Twitter, email, etc.

25. Research thousands of tweets to find new testnets, airdrops, ambas and other activities

26. Analysis of crypto projects - which influencers and funds follow the twitter of different projects

27. #Bridge reviews are the best and most effective options

Of course, I could write many more options. But even this amount is enough to find a suitable theme for any user.

Dalio on Gold
https://www.prioritygold.com/ray-dalio-dont-gold-know-neither-history-economics/

[Photo Credit](https://www.pexels.com/photo/close-up-shot-of-a-bitcoin-6765371/)
Milan Stanojevic published this article to answer the question below:

How does the current state of geopolitics and macroeconomics shape the future of a hyperbitcoinized world?

In responding to the above question, Stanojevic sees the current shift in the financial system happening among BRICS nations as preparatory to the hyperbicoinization of the world. Elaborating on his reply, he made a bold prediction that he thinks will take place in the next 20 to 30 years. To reach his vision of a hyperbitcoinized world, he foresees the global economy to undergo three stages.
The first stage is a transition “from a unipolar financial world into a multipolar one.” This is something familiar that many analysts voiced out similar interpretations. In this phase, Stanojevic thinks that gold will play a significant role. The BRICS nations will consider the yellow metal at the center of the financial system as the only way out of the global economic crisis we are experiencing right now due to US dollar hegemony. Searching for a solution, in the eyes of Stanojevic, “it appears that the BRICS nations are working toward returning to a gold standard.” Again, this interpretation is widespread, particularly among gold bugs. I read several books and articles that advocate this kind of return to sound money, especially from the Austrian School of Economics.
In Stanojevic’s mind, the first stage will take no longer than 20 years. If we will start the count this year, that would mean such a transition will take effect until 2043. If still alive, I will be 76 and too old by that time.
Stage two is where nations will shift to Bitcoin and will utilize it as a medium of exchange and a unit of account. Due to the outcome of the decision of BRICS nations to return to the gold standard, during this stage, these nations will be isolated from the rest of the world. They will continue to conduct international trade but limited among their allies. Consequently, they “will ultimately weaken their economies.” On the other hand, during this phase, nations and individuals that invested in Bitcoin for years, “will become insanely wealthy.” Stanojevic expects the second stage to last for 10 years.
The last stage is the hyperbitcoinization of the world. At this stage, contrary to the decision of the BRICS nations, most countries will adopt the Bitcoin standard. It is during this stage that increased wealth and standard of living among nations that adopted Bitcoin will become noticeable. Stanojevic believes that at that time, “El Salvador will have become one of the richest countries on earth” while nations that adopt the gold standard will suffer due to isolation. Again, in Stanojevic’s mind, this forecast requires over 5 to 10 years to happen.
Though Stanojevic acknowledges that most of his predictions might be incorrect, he is certain about two things: that the existing system is broken and is reflected in the current banking crisis, and the need for an alternative monetary system, which to his mind can only be found if the world will adopt the Bitcoin standard.
In closing, after reading the article, I have a few questions in mind. In traditional finance, scarcity is one of the basic properties of money as a medium of exchange. Many see this property as Bitcoin’s strength. Others see it more as an obstacle. This question bothers me. Given Bitcoin’s scarcity, can it be utilized as a medium of exchange and a replacement for the existing system? One cryptocurrency whitepaper even claims “that 87% of all Bitcoins are now owned by 1% of their network.” If such Bitcoin concentration in few hands is true, then the majority of populations in the world will have no access to this “medium of exchange”. If this will be the case, in what way such mainstream adoption as envisioned by our writer will take place? Perhaps, rather than Bitcoin, we need another digital currency that anyone in the world can access. Could that be HIVE?
Grace and peace!
What is Hive?
What is LeoFinance?

BlackRock is one of the most powerful organizations in the world, and its nefarious role in global economics and politics is becoming more apparent. https://www.lifesitenews.com/blogs/everything-you-need-to-know-about-blackrock-the-company-that-owns-the-world/

RT - China could be ‘safe haven’ amid banking turmoil – Citi:

https://www.rt.com/business/573547-china-safe-haven-investors/

#BankingCrisis #Banking #CentralBanks #Banks #SafeHaven #Yuan #Economics

Agorism is a political philosophy and strategy that advocates for the use of voluntary exchanges, counter-economics, and decentralized technologies as a means of achieving a free and peaceful society.

Analysis of the game IguVerse, which was released on the mainnet three days ago. Be careful, longread.
In this project, I was in the first cohort of Ambassadors and this brought me several thousand IGU tokens and two NFT freemints for the game (Starter rank, each NFT costs $30). There are two tokens in the game: $IGU - will be used to buy NFTs in the game and future marketplace; $IGUP is an in-game token that we use to feed our animals and increase the rank.
You can get a new wallet upon registration, or you can import your #Metamask wallet from the Binance Smart Chain network. I imported my wallet because I got 2 freemints on it. New users can get a new wallet upon registration.
After playing the game for a few days, I want to admit that it will be very popular among #web2 and #web3 users. In addition, upon registration, you can create a free NFT for the game, but with minimal earning opportunities - see picture.

The game has several modes: #socialize2earn, #play2earn and #move2earn. In the game, we create an NFT of our pet or any animal of our choice. NFTs turn out to be very pretty thanks to the built-in artificial intelligence. You can create #NFT either by uploading a photo, or completely trust the AI ​​with the choice of the proposed options (there are many of them). I got access immediately on the first day, the AI ​​mint was overloaded, so I used a photo I once took in midjourney - bizzon. This is my pet

In order to earn energy and earn IGUP tokens, we need to do some actions in the application:

Interact with other players through Instagram and Tiktok.
Walk for 15 minutes with the app turned on.
Play built-in mini-games in the application itself.

All this gives energy to our hero. And the earned energy is exchanged for IGUP tokens daily at 00.00.
You can download the game from the following links:
for #Android: https://iguv.cc/android-beta-apk
for #IOS: https://testflight.apple.com/join/aZzsUbV9
Invite code: RAGY4CXI
Downloads will appear on Google Play and the App Store soon.


Briefly on the game, and then in detail on the economy of the game.
Every day, the player needs to do 4 activities to earn maximum energy:
1.Share your pets on Instagram or Tiktok. Every day, a picture is automatically created with your pet and a special unique code in the picture. This picture needs to be shared on Instagram or Tiktok. When any other user of the game finds your card through the IguVerse application and enters the code shown in the picture, you will receive energy and this task is considered completed. This brings 50 energy points.


Find other animals. In the application, you select this task, the game automatically finds you a link to the user on Instagram or Tiktok. You follow the link, find the photo of this user's animal with a unique code and enter it in a special field in the application. The code consists of 6 characters, you cannot copy it, only write it down. There are 5 such links daily, which brings you a total of 20 energy points.


Walk your pet. A simple task, for which 15 minutes are given to walk exactly 1 km. It's strange, but you need to pass with the phone's screen on. If the screen is turned off, the timer pauses. For this task, 15 energy points are awarded.


Feed your pet. A mini game in which you have to harness the cacti and catch the fruit above them. There are three attempts, how much energy you can earn, so much will go to your offset. Very difficult and I have never collected the maximum amount of energy. In total, 15 energy points are given, but the maximum I received was 10.


Total: you can get a maximum of 100 energy points per day. In fact, I get three days in a row from 88 to 90. At 00.00 daily, the calculation takes place and we receive IGUP tokens to the balance in the Wallet and in the Rewards. Why some go there, and some go there, I will write when analyzing the economy of earnings in the game.
!!!About the bonus when registering in the next 25 days from the date of this post!!!
If you register within 25 days and buy an NFT mint, you will receive a bonus that depends on the selected NFT rank. After 25 days, the bonus for new users will disappear. This bonus drops to your balance in the "Rewards" section and will be locked for 120-180 days depending on the selected NFT rank. Read about the size of bonuses below in the section “Economy of the game and earnings”.

Game economics and earnings
The most difficult part, which I figured out all day and asked a lot of questions to the developers in order to fully understand the earning opportunities. I will say right away that you will not find a complete guide on the economy of the game anywhere on the Internet. I wrote the most detailed guide.
To begin with, you can keep up to 10 pets in the game at the same time and, accordingly, earn 10 times more. To complete the tasks, we do not need to walk everyone one by one, it is enough to install the main pet and complete all the tasks with him. And the daily settlement will automatically take place at 00.00 with all the NFTs you have. But no more than 10. But everyone will have to feed and the cost of feeding goes for each pet.
The second picture shows the parameters of the NFT ranks that can be bought for the game. We can parse any of them, let me tell you on the example of the Starter rank. I have two NFTs of this rank, respectively, my income is twice as high.
And so, the cost of this rank is $30. The first number 153 IGUP is the maximum amount of tokens earned in one day at this rank. The second figure 7% is the number of unlocked coins daily from the earned ones. If, for example, 153 coins are earned, then 10.71 IGUP will fall into the wallet, the rest of the coins fall into the Rewards section and are unlocked every day. The third number 57% is the cost of feeding a pet from the maximum possible daily income. Those. if you earn 153 IGUP, it will take about 88 IGUP to feed. And your net income per day will be 65 IGUP. If you earned less than 153 tokens, and, for example, 130 tokens, the calculation of feeding will still be 88 IGUP. So it is beneficial to complete all tasks daily.
If you have two pets of this rank, then the income is doubled, but the cost of feeding is also doubled. If you have ten pets of different ranks, all this is automatically recalculated in the ratio of numbers to each rank.
But as the tasks are completed, our pets can increase the level. For example, when moving from level 1 to level 2, I paid 30 tokens for one pet. What expenses are next - you need to look. I haven't reached the third level yet.
In fact, having one pet of the Starter level and pumping its level, you can go to the next rank - Common. If I'm not mistaken, for this you need to pump 5 levels. And pumping constantly - you can go to levels that you can not buy for money. See picture #5.

In theory, you can reach the Diamond level from Starter in at least half a year. This is according to the moderator in the game chat. But he wasn't sure if it was from the Starter or from a higher level. In any case, the higher the level of the pet you buy, the more daily rewards and the faster you level up to Diamand. Well, on Diamande, completely different profits.
In addition, any purchase within the next 25 days from the date of this post will give you a bonus in IGUP tokens, which are locked for a period of 120 to 180 days depending on the rank. The Starter rank gives you 3000 tokens, and then count by the cost of the rank. $50 - 5000 IGUP; 100$ - 10000 IGUP; $150 - 15000 IGUP and $300 - 30000 IGUP. I consider this a generous bonus at the start of the game. And whoever uses it will earn good money. And if someone buys 10 NFTs, then all these bonuses are summed up. For example, 10 pets of the Common level will cost us $500. We will receive a bonus of 50,000 IGUP.
And let's calculate the average income per game at the same time with all 10 Common rank pets.
The maximum income for one pet is 306 tokens. x10=3060 tokens per day. In fact, there will be less because of the complex mini-game. Let there we will earn on average 10 tokens less daily. Then we calculate the daily income of 296 tokens, or 2960 for all 10 pets.
Feeding expenses - 54% of the maximum possible income of 306 tokens. It turns out the daily cost per pet will be 165.24 IGUP. And our profit will be 2960 - 1652.4 = 1307.60 IGUP per day. Minus every few days the cost of leveling up.
IGUP presale is planned for $0.006. The price will certainly go up. To be realistic, we can safely count on a price of 0.02 (and after all, there will be a listing next, where the goal of the team is top exchanges). If it's higher, great. 1307 tokens per day is $26. For a month it is 780 dollars. We will fully recoup the $500 investment for which we bought 10 pets. Plus we will have 50,000 IGUPs locked up for 180 days. What price will be in 180 days, I do not know. But we don't know what date the listing will be. In the meantime, the time of locked tokens is counting down.
Well, if you have free money to buy the top rank Rare for $300 and buy 10 such pets, then the profits are completely different, and the bonus is very tasty.
Let's count:
The maximum income for one is 465.42 tokens. x10=4654.20 tokens per day. Let on average we earn 15 tokens less daily. Then we calculate the daily income of 450 tokens, or 4500 for all 10 pets.
Feeding expenses - 45% of the maximum possible income of 465.43 tokens. It turns out the daily cost per pet will be 209.44 IGUP. And our profit will be 4500- 2094.4 = 2405.60 IGUP per day. Minus every few days the cost of leveling up. With an expected price of $0.02, that's about $48 daily, or $1,440 per month. Here we need two months to recoup the investment. But we have the coolest bonus in the amount of 300K IGUP, which is locked for 120 days.
Count yourself. Rare, of course, is more interesting, first of all because of the bonus, and secondly, that we can immediately level up to the next ranks that we cannot buy for money - picture No.5.
Planned prices for presales:
IGUP is planned for $0.006.
IGU was sold in the third round for $0.06. Ahead of the fourth round and listing.
In the meantime, download the game, mint NFT and earn IGUP tokens.

You can download the game from the following links:
for #Android: https://iguv.cc/android-beta-apk
for #IOS: https://testflight.apple.com/join/aZzsUbV9
Invite code: RAGY4CXI
Downloads will appear on Google Play and the App Store soon.
Posted using SoMee