Welcome in XIXOIO!

We are thanking you and welcoming in our blog.  Join us today for a short explanation how we see the future. Through new technologies, the humanity is entering the new era. We aware, that things we do not need are bothering us. Slowly but surely, we are getting tired of things we do not like.

 

The wallet

We used to carry wallets, where we have IDs, payment cards and cash. Someone more, someone less. The wallet is the symbol of the 20th Century. We entered the 21st Century 18 years ago, and although the entry was revolutionary, we still carry it. The new century began with the Internet evolution. It was not a revolution as we can mistakenly guess. This period began in the early 1990s. The first domains were ordered in 1991. These facts easily indicate new changes. The new, the 21st Century will be electronic.

Everything we carry in our wallets today exists and works electronically. IDs have the electronic form and are archived in data warehouses. The payment card is actually an electronic chip, which every mobile phone has. Bills which are issued by traders are recorded electronically. And money exists only in electronic form, the banknotes are just the way how we can prove their existence.

Many people wrongly believe that the Internet Revolution started in 1999. However, this breakthrough is one of several development stages of continuous and gradual evolutionary process. By looking closer to the real facts, we can find many interesting connections. These connections can tell us what is happening now and what consequences can we expect in the future. Have you ever heard the „terminus technikus“: History repeats itself?

The internet 18 years ago

As we have already said, the Internet Revolution in 1999 is of stages of the evolutionary process. Gradually we switched from analog to digital era. The fact that this was not a revolution is supported by the number of facts. One of them is the result which is known by the term „The Internet bubble“. The projects are accelerated by private investors, later by institutions and banks began to shortly fall down after it was discovered that their plans can’t be realized.

A great disillusion comes from this period. We can interpret it correctly at the Big Three: Google, eBay, and Amazon. They say, that these companies were established in the Internet bubble. Google has its official launch in 1996, eBay in 1995 and Amazon in 1993. If we learn their development, the way of thinking of their founders and the way they find a solution for people’s needs, we will find the opposite.

These companies didn’t grow from the Internet bubble, they were born much earlier. If we go through Jeff Bezos’s biography, we will see, that the Internet bubble has damaged his business. Amazon worked and grew. While the Internet Fever accelerated his financial growth, it has greatly damaged it in its fall. The splash of the Internet bubble catapulted all the projects on the deck. Profitable, non-profit and non-functional. People on the exchange stock reacted to the situation and the money dissolved.

However, it was essential. Google, eBay, and Amazon were based on human needs, which were created by the evolutionary process. While in analog times the stores existed offline only, now itis possible online. The demand appeared by discovering customers. The companies listened to clients needs and have been growing. These projects would, therefore, grow independently because of the Internet boom.

Blockchain

The blockchain is similar to the Internet platform. Like the revolution of the 1990s. The Internet revolution is a part of an evolutionary process. Thanks to the growth and technology penetration, we are ready for the change. Like before the Internet bubble the new projects were born. Like before the splash, many of them are unfeasible and highly difficult to implement. But the one thing is completely guaranteed.  

History repeats itself. New projects on the Blockchain platform has appeared. Most of them will fail. But some of them not. Projects which succeed will become the market leaders. So, how to find some of them, which have a chance to survive? How to find the instruments for satisfying their needs? Which of founders have a chance to believe in and which not? When to enter the projects, how to grow and when to get out? How to follow the expansion and which criteria use to compare?  

We strongly believe that own experience is the best criteria for comparison. We will try to pass it to you and to present it on a successful project. We put together the team of 30 people, added 5 external teams in banking, crypto, marketing, law, and IT areas, and launched the project to meet the specific needs of people which appear nowadays.

This blog will help you to understand what is happening nowadays and what opportunities are offered.

Regards,

Richard Watzke