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Ladies and gentlemen, we have ourselves a gift, something amazing advancement in technology has offered us once more. The most disruptive technology since the internet brouhaha, with dozens of Digital assets- Gold Rush!

With this new technology, over a thousand Digital Assets (Altcoins, Cryptocurrencies) are now in existence courtesy of the Blockchain. However, several of this Cryptocurrencies do not live up to their expectation of disrupting poverty and some real life problems because they lack real-life projects backing them up, Hence, Most assets without tenable backbone solutions to real life problems die off in the “crypto-sphere” as newer and more futuristic ones are developed. In any case, these Digital Assets had generated Billions of dollars in Market Capitalization and had made thousands if not millions rich.

Thanks to the Blockchain Technology, no one could have imagined how written codes and algorithms could become so valuable and materialized as legal tenders in transactions.

One of the many benefits of this gift to humanity is learning how to analyse this new technology and access its economical, legal and regulatory (concession) implications. With many protocols involved in making these written codes “gold-rush”, this regulates each developers/engineers coming up with their own tokens and wealth stream via the Blockchain to create more realistic and advance projects better than the ones on ground. Meaning before you create another token, you must have done your research and look at the flaws of other Altcoins in existence and the problems which they solve and then improve on it to make a better, more generalised one (combining different functions and features), hence Decentralization is another benefits associated with the Blockchain Technology.

Basically, we all cold write our own codes and algorithms, the protocols may not mandatorily look like or similar to other Cryptocurrencies in existence, decentralization allows for not a rigid and centralized autonomous rule governing a certain entity, in this case Altcoins which explains why several tokens have similar Blockchain and protocols.
For instance, there is Steem which SMTs will be built upon, and then EOS which was built on Ethereum before its own Blockchain mainnet was launched. Now on EOS, there are hundreds of projects developed on it, and several other examples across the Crypto-sphere.

Interestingly, the more protocols and new tokens are made, the broader the Blockchain wealth spectrum grows. What this means simply is that, for every new cryptocurrency created, more millionaires are made or even Billionaires form ICOs to token distributions.

Although, not all of these projects lived to their expectations, in fact some of them are complete scams. Just like in the real world where there is good and evil, some of the Altcoins failed along the line but a handful of people must have made some bucks. Hence, the Blockchain still fulfil the process of bridging the gap between extreme poverty and average living.

Now that we have a digital Gold rush, what are you going to do with your fiats laying fallow in banks with tiny interest or none on it? What is your plan about making use of these privileges brought to us by the Blockchain Technology?

You can benefit and make use of this new gold rush, or you can perish and be consumed with greed that is associated with its overwhelming attributes. Be wise and play smart, invest wisely what you can afford to live with if all is lost and never fall victim to Blockchain Scams!

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Happy Celebration to all my Muslim friends. Check out some of my latest Steem Blockchain writing below. I appreciate all the support I have gotten from you all!

Children don't listen, they watch us- Smart Parenting(My Original Verses)

My fears for Julian Assange- Will He ever live to walk free?

A JOURNEY WE ALL MUST EMBARK ON- DEATH (A farewell poetry for a Steemian who passed away)

THE IDEAS OF HAPPINESS IN THE 1960’S COMPARED TO IDEAS OF HAPPINESS IN THE PRESENT

Painful illustrations That Reveal The Harsh Reality Of the World we live in from Adam and Eve till date.

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FOLLOW-UPVOTE-RESTEEM AND MAYBE DROP A SUPPORTING OR CONTRARY COMMENT.....It's your friendly Neighbor @oluwoleolaide for Steem-Lagos-Nigeria-Africa-World!

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Badge was a Gift.