Exchanging Social Currency with Ed Vincent

<p><b><strong>Nuggets:</strong></b></p><ul> <li>The key leverage point of blockchain is the decentralization of valuation.</li> <li>Millennials value experiences over things.</li> <li>Don’t implement emerging trends unless they’re necessary.</li> <li>Many great ideas sit around waiting for the right time to flourish. If you get in too early, there may not be infrastructure to support them.<p></p> </li> </ul><p><b><strong>Action Steps:</strong></b></p><ol> <li>Understand social currencies</li> <li>Research social currency issuers (Roll)</li> <li>Find out the use cases that would apply. Who would want to issue social currency? All individuals? Influencers and celebrities? Small businesses abandoning punch cards for social currency?</li> <li>Find out how market makers work on traditional exchanges. (The individuals that set the buy and sell prices of various stocks).</li> <li>Engage with a platform like Steemit that currently use blockchain to exchange value for user created content</li> </ol><p><br></p><p><strong>Follow through on these action steps and email us your results at update@runwithit.fm. You'll get exclusive access to a private Facebook group of action takers and one listener will earn a free mentorship call with our guest, and potentially, a business partnership.</strong></p><p><b><strong>Links:</strong></b></p><ul> <li><a href="https://festivalpass.com/">FestivalPass</a></li> <li><a href="https://www.linkedin.com/in/edvincent/">Ed Vincent’s LinkedIn profile</a></li> <li><a href="https://tryroll.com/">Roll</a></li> <li><a href="https://steemit.com/">Steemit</a></li> <li><a href="https://cointelegraph.com/news/rapper-akon-shares-whitepaper-for-upcoming-cryptocurrency">Rapper Akon Shares Whitepaper for Upcoming Cryptocurrency</a></li> </ul><p><br></p><p><em>Ed Vincent is an entrepreneur with over 25 years business, technology and management experience including 6 years banking and valuation experience. He founded an e-commerce business in 1999 which was sold to a competitor in 2001. He’s a Repeat