PRIMAFELICITAS

Starting an AI business? Ensure these 9 critical strategies are aligned to avoid costly mistakes. Businesses are not seeing the ROI on their AI investments, and Gartner's 'Trough of Disillusionment' is looming large. It's time to move beyond hype and return to the fundamentals while building an AI business or integrating AI into your business. Success relies on strategic decisions and Smart execution, and the following nine considerations are critical: 𝗔𝗰𝘁𝘂𝗮𝗹 𝗽𝗿𝗼𝗯𝗹𝗲𝗺: Identify a real problem and real use case to work upon. The sector is filled with products that don't solve any major issue. 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗙𝗼𝗰𝘂𝘀: Keep users at the centre. Ensure your AI solution is practical and easy to use. 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗠𝗼𝗱𝗲𝗹: Develop a clear value proposition that tackles your use case through AI. 𝗗𝗮𝘁𝗮 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: AI thrives on data. Ensure access to high-quality datasets. Protect user privacy and security. 𝗦𝗽𝗲𝗲𝗱 𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁: This is the key to success. Launch the MVP quickly, iterate, and improve based on real user feedback. 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆: Based on the use case, choose to build a proprietary model or to leverage open-source. 𝗢𝗯𝘀𝗼𝗹𝗲𝘀𝗰𝗲𝗻𝗰𝗲: AI tech is evolving rapidly, so prepare for obsolescence and tech upgrades. 𝗦𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Architect a system that is scalable for future demands. Invest in flexible infrastructure for future expansion. 𝗧𝗮𝗹𝗲𝗻𝘁: AI talent is scarce and critical to success. Hire AI, Data Science, and ML experts or hire specialist AI Development companies. By following these strategies, your AI startup can thrive in an evolving landscape and stay ahead of the competition. 𝗡𝗲𝗲𝗱 𝗲𝘅𝗽𝗲𝗿𝘁 𝗔𝗜 𝗮𝗱𝘃𝗶𝗰𝗲 𝗼𝗿 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮𝗻 𝗔𝗜 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻? 𝗟𝗲𝘁’𝘀 𝘁𝗮𝗹𝗸! 𝗦𝘁𝗮𝘆 𝗮𝗵𝗲𝗮𝗱 𝘄𝗶𝘁𝗵 𝗼𝘂𝗿 𝗰𝘂𝗿𝗮𝘁𝗲𝗱 𝘁𝗲𝗰𝗵 𝗻𝗲𝘄𝘀 𝗮𝗻𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀. 𝗥𝗲𝗽𝗼𝘀𝘁 𝘁𝗼 𝘀𝗽𝗿𝗲𝗮𝗱 𝘁𝗵𝗲 𝘄𝗼𝗿𝗱. 𝗙𝗼𝗹𝗹𝗼𝘄 👉 Anurag Yadav 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝗽𝗼𝘀𝘁𝘀!

How to build a DeFi platform without over-collateralization? Think DeFi <> RWA!                                                                                                                                      DeFi has a massive challenge of over-collateralization. While the model provides security, it creates inefficiencies, requiring borrowers to lock up excessive collateral—often beyond their means. This steep barrier to entry limits participation and accessibility and effectively keeps those without substantial crypto assets away. But change is here. DeFi is integrating real-world assets (RWAs) that don't experience broad price volatility, reducing the over-collateralization requirement. This bridges the liquidity and funding gap and unlocks new growth avenues, enhancing capital efficiency and inclusivity. For instance, Real estate, high-value invoices, and Commodities are used as loan collateral in DeFi, making liquidity and accessibility a reality. Furthermore, Tokenizing RWA enables fractional ownership, allowing for improved liquidity, reduced volatility, and enhanced stability. Pioneering projects such as Centrifuge and MakerDAO are showcasing the integration of non-crypto assets in decentralized lending protocols. These advancements herald a new era of DeFi, characterized by improved capital efficiency and broader use cases. The progress is still challenging and requires constant work and expertise. RWA security and legitimacy within DeFi need Legal compliance, effective oracle mechanisms, and custody solutions. 𝗡𝗲𝗲𝗱 𝗲𝘅𝗽𝗲𝗿𝘁 𝗮𝗱𝘃𝗶𝗰𝗲 𝗼𝗿 𝗵𝗲𝗹𝗽 𝗶𝗻 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗗𝗲𝗙𝗶 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺? 𝗧𝗮𝗹𝗸 𝘁𝗼 𝘂𝘀 𝘁𝗼𝗱𝗮𝘆! Repost to spread the word. Follow 👉 Anurag Yadav for more insightful posts!

First, Play-to-earn, then NFTs. Why are Crypto sectors failing? For a long time, crypto rewards and loyalty programs were seen as a surefire way to build a loyal community quickly. However, new data suggests we might be missing critical insights here. 𝗡𝗙𝗧 For instance, the NFT loyalty programs by Nike, Starbucks, etc., designed to foster customer loyalty and engagement, fizzled out. One explanation is that digital collectibles' novelty wore off, and the underlying value proposition became less appealing. This is a partial explanation! 𝗣𝗹𝗮𝘆-𝘁𝗼-𝗲𝗮𝗿𝗻 For instance, not too long ago, the hyper-famous game Axie Infinity, based on the "play-to-earn" model, went out of favour. Axie and similar games were designed to build communities and reward participation. The moment rewards stopped, participation fizzled out. 𝗧𝗮𝗽-𝘁𝗼-𝗲𝗮𝗿𝗻 These days, the "tap-to-earn" gaming model has gained traction. Currently, 'tap-to-earn' games such as Hamster Kombat and Notcoin are a rage. Players earn tokens simply by constantly clicking the app screen. The approach seems effective in engaging users and driving revenue. However, it is deemed a risky growth strategy in the long term. It's estimated that user participation will fall by 80-85% the moment rewards stop. 𝗥𝗪𝗔 RWA is touted to be a massive sector with several trillion dollars market opportunity. A clear challenge here is a need for more liquidity and often secondary markets. 𝗗𝗲𝗣𝗜𝗡, 𝗔𝗜 𝗖𝗿𝘆𝗽𝘁𝗼, 𝗲𝘁.𝗮𝗹. Many other trends and narratives are being built up, such as DePIN, AI Crypto, etc. These are promising and vital sectors. Yet they have inherent weaknesses that aren't addressed and, in fact, perhaps ignored, as the focus is on narrative and storytelling. 𝗪𝗮𝘆 𝗙𝗼𝗿𝘄𝗮𝗿𝗱 The analysis establishes that the focus is often on new crypto narratives and riding the hype instead of building sustainable business models. What's needed is the business model sustainability review over a projected 5-10 years time horizon, along with building solid Tokenomics. 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲, 𝗲𝗻𝗴𝗮𝗴𝗶𝗻𝗴 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻/𝗪𝗲𝗯𝟯 𝗮𝗽𝗽? 𝗧𝗮𝗹𝗸 𝘁𝗼 𝘂𝘀 𝘁𝗼𝗱𝗮𝘆! Repost to spread the word. 𝗙𝗼𝗹𝗹𝗼𝘄 👉 Anurag Yadav 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝗽𝗼𝘀𝘁𝘀!

Steps to Safeguard Your Crypto Assets against Scams in the Impending Crypto Marketrun The crypto world is beginning to get excited about an apparent impending bull run. But with every surge in crypto prices comes a surge in another kind of activity: scams. In 2023, investors lost a whopping $5.6 billion to crypto scams, a figure that is only expected to rise. 𝗦𝗼, 𝗵𝗼𝘄 𝘁𝗼 𝘀𝘁𝗮𝘆 𝘀𝗮𝗳𝗲? Scammers are nothing new, but their tactics are constantly evolving. The Nigerian prince email scams of yesteryear are getting upgraded. They now use ChatGPT and other tools to victimize. However, crypto scammers are far more sophisticated and run elaborate scams. They set up call centres, impersonate government officials, infiltrate online dating sites, preying on unsuspecting investors. 𝗘𝘃𝗲𝗻 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗔𝗿𝗲𝗻'𝘁 𝗜𝗺𝗺𝘂𝗻𝗲! For instance, businesses that make payroll and vendor payments in crypto face a new risk: fraudulent crypto custodians. These fake guardians trick you into transferring crypto to their custody and disappearing faster than you can say "crypto." The sophistication of scammers is evolving fast, sometimes faster than the evolution of technology. 𝗖𝗿𝘆𝗽𝘁𝗼 𝗖𝗿𝗶𝗺𝗲-𝗳𝗶𝗴𝗵𝘁𝗶𝗻𝗴 𝘁𝗼𝗼𝗹𝗸𝗶𝘁 While there is no set formula to avoid scams except being 100% vigilant and aware, the following framework is helpful: 𝟭 -> Don't trust anyone with your crypto! Self-custody your assets whenever possible. 𝟮 -> Before entrusting your crypto to a custodian, grill them! Ask about licenses, audits, insurance, and how they segregate client assets. 𝟯 -> Don't invest in projects without clear reports or proof-of-reserves—just as you wouldn't in a company with shady financials. Knowledge is power – stay informed and safe, and avoid crypto scams. 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝘀𝗮𝗳𝗲 𝗖𝗿𝘆𝗽𝘁𝗼/𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗮𝗽𝗽? 𝗔𝘀𝗸 𝘂𝘀 𝘁𝗼𝗱𝗮𝘆! Repost to spread the word. 𝗙𝗼𝗹𝗹𝗼𝘄 👉 Anurag Yadav 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝗽𝗼𝘀𝘁𝘀!