The current Internet is an Internet controlled by giants. Each of us uses the Internet products monopolized by these giants all the time. Our private data is constantly monitored under the products controlled by these giants. These giants control the data. Through big data analysis, everyone's economic activities are completely monitored.
Zuckerberg said that data is the fuel of the future Internet companies. But Zuckerberg did not tell you that these data are currently occupied by Internet giants. Tiktok is being suppressed by the United States because the United States is afraid of losing the right to control the social data of American citizens.
The giants monopolize various industries, thereby squeezing the surplus value of each participant from each industry. 95% of the world’s wealth is in the pocket of the 5% giants. While for proletarians, if we don't break out in silence, we will perish in silence.
We have proposed a vision called Web3.0. In this new Internet order dominated by blockchain, the Internet will enter an era where there are no borders, no government and institutional intervention, and no Internet giants can manipulate.
In this era, no matter the refugees in Syria, the poor in Africa, or even people without nationality, everyone is not subject to identity restrictions. As long as they have the Internet, they can pick up their mobile phones and participate in various economic activities and unrestricted social interactions. At the same time, the content they publish will not be blocked by any authority. published content will not be blocked by any authority.
Based on this assumption, we have conceived a new theory of capital. Consumers' consumption should be regarded as an investment in enterprises and should enjoy the dividends brought by the growth of enterprises. We use blockchain technology to practice this theory. Due to the existence of smart contracts, the tokens on the blockchain can be set to a constant total amount and will never be issued. In this way, the value of the tokens can be guaranteed, and the calculation of consumer consumption Li can continue to obtain tokens on the blockchain, so the growth of the company is actually the growth of tokens, and everyone who participates in consumption will get a return far beyond the value of the commodity. Moreover, the platform based on blockchain technology cannot be controlled by a centralized organization, and the entire business model will be decentralized.
This blockchain project is the Genesis Chain, which is a Permissionless Blockchain. In this business model, merchants, Genesis chain, and consumers are all winners. The typical de-trusting feature of blockchain allows consumers to establish trust to Genesis Chain and then disintermediate traditional centralized platforms. The profits of the platform will all be returned to merchants and consumers, and merchants and consumers can earn continuous dividends brought by future development through the tokens (KYC - Kaiyuan Coin) issued by Genesis chain.
The emergence of Genesis Chain will bring an unprecedented change to the global business structure!
This is a brand-new commercial civilization. Everyone in the world, born as a human, will enjoy complete and independent human rights, will enjoy the hope of a dignified life brought by the blockchain, and will enjoy the freedom of time, freedom of rights, freedom of economy and freedom from being oppressed by any giants.
Today we published this declaration in Bitcoin Talk. From then on, history will change dramatically, and each of us will be a witness to this revolution.
This is Internet with no border;
This is an Internet in which data is controlled by itself;
This is an Internet where wealth cannot be exploited by others!