Hai Dinho Has His Eye On This Unique NFT That Generates Passive Income

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Cryptocurrency has been a trending topic ever since Bitcoin surged to all time highs of $68,521 per coin on November 5, 2021. Consumers and businesses are slowly adopting crypto to pay for everyday items to utilize it as an alternative form of payment. The objective of cryptocurrency is the decentralized characteristics that allow you to be your own bank. The beauty behind investing in a decentralized entity is the endless routes to grow your wealth. By participating, you can profit from the traditional buying and selling of tokens (similar to stocks), crypto mining, yield farming, staking and NFTs.

Non-fungible tokens (NFTs) are tokens that can be uniquely owned to prove ownership of digital items. This isn’t something new in today’s society, since investors from all over the world have invested in scarce items that can now be digital in the form of NFTs, such as collectibles and art.

There are many NFTs that are on the market place, such as Bored Ape Yacht Club, which has been adopted by A-list celebrities such as Lil Baby, Jimmy Fallon, The Chainsmokers and Stephen Curry. Hai Dinho believes that NFTs are the next big gold rush since these celebrities have so much influence over culture. Hai points out, “Right now, these celebrities use their Bored Apes as profile pictures on social media, but imagine when they start rapping or singing it in their music.”

This transition to owning digital art, especially in the metaverse, has crypto investor Hai Dinho interested in one particular project called “Cyber Kongz” which is listed on OpenSea.io (one of the largest NFT marketplaces). Hai Dinho preaches passive income since he believes that money should work for you, not the other way around.

The NFT project that Dinho has his eyes on is currently sitting at a floor price of 6.19 Ethereum which is equivalent to $25,583.77. This means that the cheapest Cyber Kongz NFT a user can purchase at the moment is 6.19 ETH. You may be asking, “there are many NFTs in the market, why is this so fascinating?” This unique NFT caught Dinho’s attention solely because it generates passive income for holding any of their NFTs. This NFT pays users in their form of currency called “Bananas”. Their pay out is structured by rewarding 10 Bananas a day which is equivalent to $53.62 a token at market price according to Coingecko. While the coin is volatile and future returns are far from a guarantee, investors are currently earning huge rewards for holding CyberKongz.

If you are talented in identifying trends in music, art or passionate about collectibles, getting your feet wet with NFTs might be a good bet. NFTs are still in their infancy and could be the future of incorporating art with technology.

To follow Hai Dinho on his next crypto picks, check him out on his instagram.

ENTREPRENEUR HAI DINHO: WHY SALES IS THE MOST IMPORTANT ASPECT IN BUSINESS

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In any startups to big companies, sales still holds an integral role In determining the success of the business. Look at sales as a middle person, understanding the needs of a consumer and bridging a product/service that can fulfill their desire. Here are some of the key instruments that helped entrepreneur Hai Dinho in his business journey:

Awareness: Prospecting Leads

In B2B marketing, the sales funnel starts by identifying ‘leads’ who are consumers/businesses that are potentially In need of your product or service. Every problem has a solution, in this case, distinguish the problem and provide a solution. Entrepreneur Hai Dinho implemented these methods for prospecting his leads for his financial service company: cold calls, social media, networking, referrals, tradeshows, and advertising.

Discovery: Qualifying Leads, Initial Meeting & Define Prospect Needs

The lead qualification process begins after the acquisition of potential prospects. Building rapport and asking qualifying questions will only do 2 things for every business… build trust and If they even qualify for your service! These questions will help determine if the prospect has: the budget to afford your service/product, solve their problems, or is the decision-maker in this process.

Evaluation: Make An Offer

By asking open-ended questions and allowing the prospect to speak for most of the time, the ball is now in your court. You have all the crucial support for any rebuttals. Entrepreneur Hai Dinho mentioned to us that this is his favorite part. Take control of the conversation, explain your solution with concrete evidence, and propose an offer.

Intent: Negotiation and Finalize The Proposal

Entrepreneur Hai Dinho provided us with some tips in negotiating a deal. Dinho often uses scarcity in his pitch for example, “As much as we would like to help every business, unfortunately, we have 1 slot available this month to take on due to volume”. This is all a psychological game Dinho said. “It doesn’t matter if I have 10 slots or 5 available, I often use 1 to portray that a plethora of prospects is interested in this service/product. If you choose to walk away, I will have someone sign up right after you. Second It will create an urgency to sign with you today”.

Purchase: Closing The Deal

After displaying a solution to the prospect’s needs, sealing the deal shouldn’t be difficult to achieve. At the end of the day you understand that If you have a fantastic product/service It should sell itself!

Loyalty: Deliver The Product/Service

If you made it to the last step, take this time to pat yourself on the back. Dinho mentioned to us he appreciates his clients by gifting a mug or notebook with his logo. Think long term, deliver your service/product, provide excellent customer support and repeat the cycle.

To follow Hai Dinho on industry secret business tips, check him out on his instagram.

Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook

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Bitcoin trading volumes are rising in Turkey as the increasingly authoritarian government there goes diligently about the work of setting its currency, the lira, on fire.

Turkish President Recep Tayyip Erdogan, who has retained power since 2003, has to all appearances lost his mind: With inflation sitting at around 20%, Erdogan yesterday lowered Turkey’s key interest rate to 18% from 19% (no, not a typo), instead of raising them to tighten the money supply.

Currency markets have responded decisively to the expected move, with the lira losing 10% of its value against the U.S. dollar since Monday. Some Turkish citizens decided to take their business elsewhere: BTCTurk, one of a handful of local exchanges offering lira/BTC trades, has seen a noticeable uptick in volume, according to public data. That interest comes despite the recent collapse of two other Turkish exchanges, one in an apparent exit scam.

This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.

Erdogan’s government banned crypto for payments in April, but owning crypto is legal in Turkey – at least for now. Sadly, the logic of the current situation may push Erdogan to tighten further, as any open lira/BTC trade could put further downward pressure on the lira by enabling capital flight.

Erdogan has reportedly claimed that lowering interest rates – which makes money cheaper and more plentiful – will somehow curb inflation. But his reasoning is opaque. He recently referred to interest as the “devil,” perhaps an oblique appeal to Islamic morality in the face of economic reality.

“It’s just crazy, there’s zero justification for this move as there’s been zero justification for the rate cuts we’ve seen so far this year,” an asset manager told the Wall Street Journal. “Erdogan is running monetary policy on his own.”

It’s not hard to infer Erdogan’s actual motive for (more or less) letting the money printer go brrr: Keeping rates lower is one of only a handful of tools he has for shoring up Turkey’s economy. Turkey has seen short-term hits to its economy thanks to regional instability and COVID-19, which has devastated tourism.

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The longer-term picture is even more shocking: Since 2013, Turkey’s GDP has plummeted from more than US$950 billion to $720 billion, partly thanks to instability after a failed coup against Erdogan in 2016. Erdogan’s attempts to ramp things back up have been deeply unorthodox for years, particularly relying on unsustainable levels of debt throughout the economy.

Read more: Turkey Blocks Bank Accounts of a Crypto Exchange Even as It Hunts for the CEO of Another

And Erdogan no longer has an independent economic council to push back after firing a series of central bank governors who wouldn’t get in line. That makes the current wave of instability all the more dangerous for lira holders.

Erdogan’s Turkey is fast becoming a case study of bitcoin’s potential benefits for residents of countries with fragile currencies, or authoritarian leaders likely to pursue short-term political gain through inflationary policies. Luckily, Turkey is closely tied to Europe, and Turks currently have at least some access to dollars and euros to protect their wealth. In many other similarly troubled regions, that luxury is hard to come by, leaving bitcoin the only option.

Instagram Probed by States Over Efforts to Engage Young People

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(Bloomberg) – A group of U.S. state attorneys general are investigating Meta Platforms Inc.’s Instagram photo-sharing app over its efforts to engage children and young adults, taking aim at the risks the social network may pose to their mental health and well-being.

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“Time and again, Mark Zuckerberg and the companies he runs have put profits over safety, but our investigation seeks to end that behavior,” New York Attorney General Letitia James said Thursday in a statement. “Our coalition will not hesitate to take whatever action is necessary to protect children and young adults from the harms Instagram and other social media platforms risk to so many.”

The coalition will probe the techniques the company, formerly known as Facebook, used to boost usage by young people. Meta announced in September it would pause plans to create an Instagram for kids, following a series of stories in the Wall Street Journal that outlined the company’s own research on the app’s impact on children, especially teenage girls.

“These accusations are false and demonstrate a deep misunderstanding of the facts,” Meta spokesperson Andy Stone said, adding that the entire technology industry faces challenges protecting young people online. “We continue to build new features to help people who might be dealing with negative social comparisons or body image issues.”

The states investigating the company include Texas, Nebraska, Massachusetts, California, Florida, Kentucky, Tennessee, New Jersey and Vermont.

The investigation adds to mounting scrutiny of Meta’s handling of young users after the Journal series and, in the weeks that followed, critical stories from a consortium of media organizations based on internal documents disclosed by former Facebook product manager-turned-whistle-blower Frances Haugen.

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Some of the documents surfaced new revelations about Instagram’s impact on body image, sleep and anxiety. According to one Facebook study, 19% of U.S. teens surveyed said Instagram made them feel worse, while 41% said it made them feel better. In the U.K., 21% said Instagram made them feel worse, and 33% said the app helped them feel better.

While Instagram and Facebook don’t technically permit users under age 13, the company had planned to create an Instagram app specifically for preteens that would require parental permission to join, wouldn’t contain ads, and would use age-appropriate policies and features.

Facebook argued that kids are lying about their age to get on Instagram anyway, so a youth-oriented product – with parental controls – would be a safer alternative and provide a legitimate bridge to eligibility for the full site.

In May, 44 attorneys general had urged Zuckerberg to drop the Instagram Youth project altogether.

“For too long, Meta has ignored the havoc that Instagram is wreaking on the mental health and well-being of our children and teens,” California Attorney General Rob Bonta said Tuesday in a separate statement. “Enough is enough.”

Facebook also launched Messenger Kids in 2017, a version of the company’s messaging app that allows parents to keep tabs on their children’s use.

The Instagram for kids project might have helped Facebook fix its years-long retention problem among teens and young adults on its core service, by bringing users on board to its platforms earlier. The number of young adults on Facebook in the U.S. has declined 2% since 2019, and is expected to continue falling by an additional 4% over the next two years, according to the documents. Zuckerberg said last month that the company would expand its services to appeal to those ages 18 to 29.

(Updates to add states joining the effort in fifth paragraph.)

Most Read from Bloomberg Businessweek

©2021 Bloomberg L.P.

WatchGuard Cloud Adds New Endpoint Security Modules Further Strengthening Its Unified Security Platform

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Partners and customers using WatchGuard’s Endpoint Security solutions can now layer on Patch Management, Encryption, Reporting and Data Control features to simplify management and create new revenue opportunities

SEATTLE, Nov. 16, 2021 (GLOBE NEWSWIRE) – WatchGuard® Technologies, a global leader in network security and intelligence, multi-factor authentication (MFA), advanced endpoint protection, and secure Wi-Fi, today announced four new endpoint security modules in WatchGuard Cloud including WatchGuard Patch Management, WatchGuard Full Encryption, WatchGuard Advanced Reporting Tool (ART), and WatchGuard Data Control. This integration further strengthens WatchGuard’s Unified Security Platform™ and gives solution providers and customers centralized access to all WatchGuard endpoint solutions, with the ability to layer on additional security services such as network security, MFA, and secure Wi-Fi.

“WatchGuard continues to deliver on its vision of our Unified Security Platform that enables MSPs to offer a comprehensive set of enterprise-grade security services to protect businesses of all sizes,” said Andrew Young, senior vice president of product management at WatchGuard. “The addition of these new endpoint modules not only dramatically simplifies the management of our endpoint security portfolio for MSPs, but provides them with new cross-sell and up-sell revenue opportunities as well.”

WatchGuard elevates the practice of professional service delivery with its Unified Security Platform that includes a complete portfolio of endpoint, multi-factor authentication, and network security products. It brings together the integration of the endpoint security modules into the Unified Security Platform’s centralized management layer, while WatchGuard Cloud simplifies administration, visibility and reporting for MSPs. It also provides added protection and further increases the effectiveness and operational efficiency of WatchGuard’s existing Endpoint Security portfolio – which includes WatchGuard EPP (Endpoint Protection Platform), WatchGuard EDR (Endpoint Detection and Response), and WatchGuard EPDR (Endpoint Protection Detection and Response).

Key features of the new endpoint security modules include:

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• WatchGuard Patch Management– Manages vulnerabilities in operating systems and hundreds of third-party applications on Windows workstations and servers. This provides a reduced attack surface, strengthening preventative capabilities and incident containment. Available as an add-on to WatchGuard EPDR, EDR, and EPP solutions.

• WatchGuard Full Encryption – Centrally controls and manages full disk and USB drive encryption and key recovery, leveraging BitLocker in Windows systems. Available as an add-on to WatchGuard EPDR, EDR, and EPP solutions.

• WatchGuard Advanced Reporting Tool (ART) – Provides detailed information into the day-to-day operation of applications, networks, and users. This includes pre-defined queries, dashboards, and alerts on endpoints out of the box. Managers can also create custom queries and alerts based on endpoint telemetry. Available as an add-on to WatchGuard EPDR and EDR solutions.

• WatchGuard Data Control* – Discovers, audits, and monitors unstructured sensitive or personal data on endpoints, from data at rest, data in use, and data in motion. It can also run real-time, free custom searches to find files within specific content. Available as an add-on to WatchGuard EPDR and EDR solutions. (*Currently available in Spain, Germany, UK, Sweden, France, Italy, Portugal, Holland, Finland, Denmark, Switzerland, Norway, Austria, Belgium, Hungary, and Ireland.)

WatchGuard’s Endpoint Security in WatchGuard Cloud offers comprehensive endpoint security protection, detection, and response for networks with tens of thousands of devices with the option to add threat hunting and zero-trust application services. All of this is delivered through a single lightweight agent and managed via a single pane of glass for ultimate simplicity. When combined with additional tools such as RapidDeploy and FlexPay, the powerful WatchGuard Unified Security Platform enables solution providers to quickly scale to meet the needs and changing requirements of customers.

“As cyberattacks on endpoints continue to rise, customers increasingly need us to help them address their security needs. The combination of WatchGuard Cloud with the Endpoint Security portfolio not only allows us to offer this protection, but also gives us the ability to expand our security service offering, increase efficacy and efficiency, and grow the business,” said Bill Walter, Partner at Gross, Mendelsohn & Associates. “The new endpoint modules further build on that vision of giving customers a complete unified security platform.”

For more information about the new endpoint security modules click here.

For more information about WatchGuard Cloud click here.

About WatchGuard Technologies, Inc.

WatchGuard® Technologies, Inc. is a global leader in network security, secure Wi-Fi, multi-factor authentication, advanced endpoint protection, and network intelligence. The company’s award-winning products and services are trusted around the world by nearly 18,000 security resellers and service providers to protect more than 250,000 customers. WatchGuard’s mission is to make enterprise-grade security accessible to companies of all types and sizes through simplicity, making WatchGuard an ideal solution for midmarket businesses and distributed enterprises. The company is headquartered in Seattle, Washington, with offices throughout North America, Europe, Asia Pacific, and Latin America. To learn more, visit WatchGuard.com.

For additional information, promotions and updates, follow WatchGuard on Twitter @WatchGuard on Facebook or on the LinkedIn Company page. Also, visit our InfoSec blog, Secplicity, for real-time information about the latest threats and how to cope with them at www.secplicity.org. Subscribe to The 443 – Security Simplified podcast at Secplicity.org, or wherever you find your favorite podcasts.

WatchGuard is a registered trademark of WatchGuard Technologies, Inc. All other marks are property of their respective owners.

CONTACT: Chris Warfield WatchGuard Technologies, Inc 206-876-8380 chris.warfield@watchguard.com Justin Hall Voxus PR 253-444-5442 jhall@voxuspr.com