Incentivization Will Cause A Major Shift In Wealth Distribution

In life, how far one can grow often depends largely on how much his master wants to allow.

The master can be anyone really in the world standing as either a layer that enables one scale up, flexibly, or under controlled conditions or really just stops one from scaling.

This is why the wealth club is not easy to break into, there's always a force, unfair advantages and disadvantages stacked all the way up, robbing one individual and paying another.

The very design by nature to control life sustained and life cut off.

This might just change with crypto - to some level.

Intermediary flaws: solved

If there's a centralized entity between two routes of value flow, there's always bound to be problems.

By eliminating centralized intermediaries in systems with consensus protocols, crypto removes the biggest flaws in business. Now, one might wonder, does crypto really solve this? Is the consensus protocol a better intermediary layer?

To find out, one has to understand what role an intermediary plays.

An intermediary at the fundamental level is really just an entity set in place of a transaction to receive and verify data. If this intermediary is built on a centralized level, this just brings all the flaws of single point systems with it.

Think data manipulation for personal gains as the core flaw.

How does crypto solve this?

Crypto Solves this via “incentives”.

When a transaction is initiated, a group of “intermediaries” race to verify the data contain in that transaction, whoever gets it done has to show it to the rest of the network of intermediaries to “verify” it's authenticity - this is why the “consensus protocol” is called the ultimate intermediary because it's made of a network of diverse individual verifiers who all have so much to gain for staying true and much more to lose for being bad.

This effectively creates a system where data flow cannot be manipulated and business can flow in a decentralized and fair entry manner.

Airdrops: An Incentive Protocol For Collective Building

There's been numerous cases of millionaires made through airdrops and this is expected to continue for numerous reasons. We've talked about airdrops a couple of times as one of the greatest things within the cryptocurrency ecosystem.

First, airdrops are an easy way to build project or product awareness, it's extensive marketing with minimal cost. This is evident with how 2 weeks old projects that spend zero dollars on social media ads can easily grow to millions of users.

Secondly, if done right, it also unlocks a path for the development team to strategically generate funds for further developments.

Thirdly, via successful campaigns, airdrops are an easy route to access big investors looking to invest in projects with high potentials.

These are the benefits of incentives, when done right, it has its potential to create enormous value.

Moving forward, community incentivization will be more common than we think. This is expected to greatly cause a shift in the wealthy population. The more incentive protocols we have, the more spread wealth distribution becomes.

How important is this?

The concept of crypto in itself promotes an ecosystem of vast wealth distribution, we can't have decentralization without a widely distributed value flow. As such, Every business building on this concept effectively creates more widely distributed wealth.

Posted Using InLeo Alpha