“Momentum: the impetus gained by a moving object.”
The law of conservation of momentum is a mathematical concept used to measure the inertia of moving objects. The greater the momentum is, the greater its tendency to keep moving and the harder for it to be stopped. I have always understood momentum from a business perspective. The more I do, the more I can do. There is something about being consistent that positions you amongst the right people. Momentum is an intangible concept understood by professionals who leverage network effects. There’s something about consistency that sets like-minded people on a single path. The effect of a snowball growing in size as it rolls down the hill. As if this path that has been carved out was predestined, the people who resonate with Medallion XLN, rally behind the idea of digital sovereignty and unlock new thought patterns and ideas about how to leverage the new opportunities before us. Opportunities to carve out the future and correct the problems of the past. Maybe the idea of a free and open internet was subverted by the most powerful amongst us, but the new paradigm we face allows those with imagination to secure the type of connection that scales new possibilities. Is it better to be an unstoppable force or an immovable object? Decentralization allows us to be both. Your weaknesses are my strength and vice versa. For entrepreneurs like me, the current phase of technology evens the playing field.
Throughout the internet, many monetization models have been created. In the beginning, many fortunes were made with the E-Commerce model. Many websites became popular by selling their goods and services online. Platforms such as Amazon and eBay became trusted marketplaces for sellers to find buyers. PayPal created a trusted intermediary to process payments between sellers and buyers. The next monetization model was advertising. As blogs became more popular, advertisers paid pennies to bloggers per each user they reached. They paid even more per user for conversions. Popular blogs were able to generate thousands of dollars per post. Then platforms like Myspace & Facebook came along and redefined what a blogging site was supposed to be. These platforms created user account sites with millions of accounts that they were able to expose to a variety of advertisements, then they received millions in revenue. The advertising model evolved even further. Instead of showing every advertisement to every account, why not show only relevant advertisements to each account based on their interests? That is the current state of the advertising model. The subscription model, popularized by Netflix and movie streaming apps, has gained popularity in recent years. Transitioning from just streaming apps to monthly loot boxes and business services. A new wave of online businesses has been leveraging the subscription model to create consistent monthly income by offering monthly services. Digital sovereignty is the monetization model for Web3.
Decentralization alone won’t make a killer app. We need accessibility, interoperability, and ease of use. When Satoshi Nakamoto came up with Bitcoin’s blockchain, the technology was already there. Satoshi had the foresight, imagination, and creativity to combine the concept of the blockchain with a proof of work consensus mechanism to create this new way to transfer value. Ethereum came along and added Nick Szabo’s Smart Contracts to the blockchain and created a decentralized global computer. Medallion XLN builds a killer app using smart contracts that secure user data, leverages the metaverse as an interoperable interface, and applies artificial intelligence to create ease of use where possible. This is the moment. Everything has led up to this point in time. Before the concept of Medallion XLN, before Ethereum, before Bitcoin, and even before the internet itself. The course of the human experience has led us all to this period. From this point forward, the future collectively belongs to each individual. Is it better to be an unstoppable force or an immovable object? We choose to be both!
Subscribe to Medallion XLN as we are building the next generation of technology using XR, Blockchain, AI, and the power of decentralization to reclaim our digital sovereignty.
Are you an unstoppable force or an immovable object?
Powerful thought 🔥