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Skill games

If Draft Kings and FanDuel are legal, how far can you go with virtual securities? While online gambling hasn’t been widely legalized, there seems to be pretty good confidence in legal “games of skill”. The market hasn’t caught on (yet). I’ve been intrigued by these games for years. Most of the games that companies have…

Inside the Cryptocurrency and NFT Exchange Business Model

What you need to take virtual securities like cryptocurrencies or NFTs to the next level is ease of use. Hello Public Virtual Securities Exchange Systems (Coinbase and its peers)! By making trading virtual currencies as easy and familiar as trading traditional stocks and bonds, Coinbase radically grew the market for all forms of virtual securities….

Inside the Cryptocurrency Business Model – How to make money by creating your own currency

Satoshi Nakamoto seemed to have found the way to solve the Internet 1.0 problem that gave us Pets.com and other now forgotten companies when he created bitcoin (intentionally or not): Question: “How do you lose money on each transaction and make it up on volume?” Answer: Rabid Speculation Ignoring the cool math, you need four…

Beyond Bitcoin – Cryptocurrency, NFT other virtual securities business models

I blew my chance (maybe). I didn’t know it at the time, but I could have been a Cryptocurrency Influencer and gotten rich and retired to the beach by now. Instead, I get to attempt to dissect how everybody and their brother is in getting into the cybercurrency / NFT / …. what should perhaps…