Connect with us

Banks

Overcoming the Perils of Leadership When Building Blockchain Startups

Published

on

Image by Razvan Chisu on Unsplash

Building a startup, any startup, is guaranteed to be difficult, but building a blockchain startup increases that difficulty by more orders of magnitude. You are building a new product on novel technology against the din of critics and skeptics. The regulatory waters for blockchain startups are murky — there’s no playbook on how to build your idea, and there’s no guarantee that you’ll find product-market fit. Yet, you must keep the vision alive, keep your team inspired or motivated, and continue building— and this is where leadership counts. 

In my more than 20 years of leadership experience in operations and marketing across multiple companies such as Lifehouse Concepts, Six Degrees Group; hosting and working with a long list of top celebrities including Cristiano Ronaldo, Ed Sheeran, Katy Perry, Selena Gomez, and Drake; and now leading Precog — I’ve found that leadership is necessary across all levels from the top executives to the lowest-ranked employee. 

Here are 3 major lessons I have learned about facing and overcoming the challenges of leadership when venturing into uncharted territories.

1. Bring in the Right People

As a leader in a startup, some of your biggest challenges will show up in the areas of people operations. Some people would be chronic underperformers, demotivators, unreliable, unpersonable, or outright troublemakers. The best way to manage such people-problems is to avoid them from the onset by hiring people who won’t slow you down with their issues. 

Hiring the right people requires the leader to be self-aware enough to recognize potential hiring pitfalls such as hiring someone solely because you know them, they need help, are charismatic, or have low salary expectations. As a founder, CEO, or someone leading a startup operating in new markets; you can’t afford bad hires. You need to be biased towards hiring the right people into your team in terms of the right skillset, mindset, culture fit, and experience. Building teams of skilled workers, after skillset criteria, and would argue equally as important if not more is the cultural fit. Like minded people naturally energize each other, similar to my current team at Precog Finance where special things happen after onboarding – collaborations are seamless, thought processes align, and real magic appears in the quality of work and ideas produced.

Hiring the wrong people could cost your startup scarce …

Full story available on Benzinga.com

Original Source: benzinga.com

Banks

It’s Official! Online Retail Giant Newegg Confirms That It Will Accept Shiba Inu

Published

on

Major tech retailer Newegg Commerce Inc. (NASDAQ: NEGG) has officially confirmed that it will accept Shiba Inu (CRYPTO: SHIB). 

In a recent tweet, Newegg said, “Coming soon to Newegg…$SHIB”. 

Coming soon to Newegg…$SHIB https://t.co/BeRw6mfPmZ@Shibtoken @ShytoshiKusama #ShibArmy #Shib #friendshib #newegg #blackfriday #cybermonday pic.twitter.com/3TOehrhyJ6

— Newegg (@Newegg) November 26, 2021

Source: benzinga.com

Continue Reading

Banks

After Raising $5.3 Million, Astra Guild Ventures (AGV) Gears for Series B & Public Token Sale

Published

on

By

Astra Guild Ventures (AGV) has successfully raised $3 million for its Series A funding round led by some notable venture capitalists such as CSP DAO Inc, Halvings Capital Ltd, Oracles Investment Group, GDA Capital and Deltahub Capital.

The raised funds will be used for marketing AGV’s public token sale, covering operational and management expenses, and for the acquisition of new nonfungible tokens (NFTs) and equities on companies that develop play-to-earn (P2E) games.

At the time of writing, AGV has raised a total of $5.3 million after its Seed and Series A funding rounds. They have a total of 2,036 Axie Infinity scholars, 50,000+ Discord community members and 75,000+ Facebook followers. Recently, AGV has invested $800K in BMG, a Florida-based gaming studio behind the play-to-earn NFT games Kart Racing League and Realms of Ethernity (ROE).

AGV Series B and public sale

AGV is set to launch its Series B, or private token sale, on its website on November 17, 2021 at 2 pm UTC, and its public token sale on December 17, 2021. AGV has been audited by Certik.

What is Astra Guild Ventures (AGV)

Astra Guild Ventures (AGV) is a decentralized autonomous organization (DAO) that invests in NFTs, P2E games and other blockchain projects. The DAO aims to build a global community of investors, tech leaders, NFT and blockchain enthusiasts and P2E players.

AGV boasts itself as the first DAO and NFT gaming guild that completely discloses its real-time earnings through its earnings dashboard and has a completely verifiable and publicly available list of assets.

AGV will also be launching its DAO Governance Board where AGV holders are able to propose and vote changes on the DAO’s rules and decisions. This makes AGV one of the first NFT gaming guilds to fully launch a decentralized platform.

Transparency and growth: Driving reasons for investments in AGV

With a lot of projects launching in the blockchain and crypto space, finding the right project to invest in is difficult — this is exactly what the AGV investors realized and what made them trust AGV. The transparency features that AGV meticulously integrated into its operations as a DAO was one main turning point.

Astra Guild has its own earnings and governance dashboard integrated together to provide a one-stop platform to AGV holders where they participate and decide for the DAO and view their investment status. The rapid growth of the Astra Guild community has also been a factor, in just three months Astra Guild’s membership blew up to 51,000+ members, hailing it as one of the fastest-growing NFT gaming guilds in the world — clear evidence that the NFT and blockchain market is on the rise.

List of investors

Encrypted Investments Limited, Vespertine Capital, Three M Capital, GDA Capital, Kangaroo Capital, DEC.Ventures, CSP DAO, Connectico Capital, Halvings Capital, DeltaHub Capital, NFT Technologies, Oracles Investment Group, Mars Dao, Point3 Ventures, International Blockchain Consulting Group, Follow[the]Seed, Interstellar Ventures, CrowdCreate, Ruby Capital Singapore, Dot Finance LTD, NFT Stars Limited, GAINS Associates, Seedthrift Ventures, Almora Capital, BIP32 Ventures and Wolf of Markets. Some notable Angel Investors include Alexander Kondrashov, Moon Carl and Ronny Roehrig.

Anyone interested in joining Astra Guild Ventures’ Series B, may register here to receive instructions and announcements straight to their inbox.

AGV will be distributing 37,500,000 AGV with 10% to be released on Token Generation Event and the remaining 90% is subject to 12 months vesting.

 

 

Original Article: newsbtc.com

Continue Reading

Banks

Big Data Analytics in Retail Is Projected to Reach US$2.6 Billion by 2028

Published

on

Big Data Analytics in Retail is Projected to Reach US$2.6 Billion by 2028 Analytics Insight

Original Article: analyticsinsight.net

Continue Reading

Trending

Chimed.com