How Administrators Can Utilize .bnb

BIGBLACKCRYPTO.BNB
5 min readNov 24, 2022

--

.bnb crypto handles — creating meaningful retention

You need too familiarize yourself with .bnb domains. I promise you the person your employer hires next, will discuss this… are you prepared for the new hire to net your promotion after all the effort you’ve put in. Well, what you know can also have an impact on your gross output. Follow a long to get to speed. Know that if your head hurts, it’s because old paradigms have shifted into new neural formations of processed opportunity. In two short months SPACE ID became the #2 web3 naming service. Easily dwarfing long established projects, they’ve corned the identity verification market in Binance’s ecosphere, & all of crypto. At present the numbers from September to present (Nov.23rd,2022);

Total Number of .bnb registered: 303,768 SID
Total Number of Uniqe Holders: 112,307 addresses

Teams looking for a simple enterprise solution for all their complex needs may consider operating a node (read this “article on ZEPOCH nodes + referral code included). I also recommend making use of Sam Thapaliya’s ZEBEC Protocol as a means of payment streaming which is approved and regulated in 43 U.S. states. I’ve become smitten w/ their multi-sig treasury. They just migrated from Solana to the BNB chain… so an immense welcome to the bnb community Sir!!!

Whats a SID?
SID: Think of this as your personalized Universal Identifier
A universal name service network that connects people, information, and assets across all blockchains and apps. Features;
- chain agnostic, decentralized, censorship-resistance, open-sourced
- Manage: wallets, assets, and info
- Simplifed web 3 interactions

Don’t Let the Stats Overwhelm you:
Space ID .bnb domains via the macro vantage, projections are on pace too surpass the #1 crypto naming service (ETH chain) in a matter of 18 too 24 months. Reality is, it could happen over night as Binance via BSC (Binance Smart Chain) platform has 26 million users. In contrast over 1.2 million people hold their binance BNB bep-20 token. So what does that mean to a system or program administrators facing declining enrollment numbers? How does a non-competitive football program make themselves competitive? I agree, even staff retention is challenging. “Nobody wants too work anymore”…. for peanuts.

Lets finish that sententence. “Nobody wants to work for peanuts”… We have the issue of, how do we incentivize meaningful engagement? This is why many are utilizing this new crypto handle technology via Binance. We expect program participation, or even enrollment too [MOON] as the kids say, by engaging in WEB3 developments.

“Its a true Web2 & Web3 Aggregator” & Its Affordable

“Not everyone can afford a car, or the latest laptop… but a .bnb domain + gas fee is four times cheaper than any eth based alternative “free” give away. So imagine being able to switch between identities, as long as a user is tethered to their wallet of choice, they can be whom ever they choose to be. It makes being yourself so much easier. Identity is malleable, and permeable when understood. So imagine logging in and out of systems securely, and only ever having to authenticate their “crypto handle”, using direct to device as a 2FA MFA (multi-factor authentication tool). This neutralizes bots. It greatly deters systems breaches, and makes network security resilient at its most vulnerable points. The edge & the user is often perceived the most vulnerable points too any system.

All it cost the student or the employee, was $5.80 USD to self custody medical records, diploma’s, degree’s, and the credentials they’ve been awarded for seasons and semesters completed. Even simple tokenized appreciation for “tenure” can help retain & most importantly “attract”. In terms of gating, a sum of credentials (nft assets minted over time or earned) could enable further access as alumni. Its an easy way too tool “ascension” through the ranks of any organization, of any size. Be that by participation, or merit of a outstanding work.

Side note:
Ps. the SDK is a 30 minute install (https://docs.space.id) and the same game theory is applicable to all your MMO / MMORPG (massively multiplayer online role-playing games). Whats neat about the SPACE ID SDK is that it’s an aggregator, once someone integrates it into their naming service, it makes that naming service “readable for everyone else.

The cost to register my oppositions free give away… $16.30 + 2 failed transactions…& transaction to process… total $23 USD… so right away SPACE ID eliminates the barrier to entry by a factor times 4. It is four times cheaper than their .sol or .eth counter parts.

Use Case Example:
Currently .BnB domains make it easier for enterprise grade applications to utilize “human readable formats” for remittance of funds, to a user, or group of users. Like i have access too enterprise grade solutions that technically could enable me to function as a payments administrator. I could as one person, replace an entire payroll team via automated functions… by the minute, second, or hour. I see mass adoption points being at the academic level.

It’s immensely convenient from a user to user transference of value standpoint. See it’s merely the evolution of “humankind” into the 6th IR (industrial revolution) overlap unto the 5th Expanse of IR as the 4th (Mass Communication & Information Technologies) comes under attack (hacks + privatization). Hence the push to decentralized open source venues. The issues of digital feudalism were best exemplified in the Matrix movie… we feel the barriers of our simulations. It can make the curvature of the Earth at times feel flat (I used to fly drones, & I assure the Earth is not flat). The “Horizon” is beautiful…. if you get my alpha.

MONEY TALKS + Economic Return
Beyond payment streaming, at the core is just remittance of wages, and issuance of funds. Administrators can now issue grants en masse rapidly. NIL agreements could meter or pause, and resume a stream too an athletes .bnb handle. How we fundamentally return labour of any kind, in its capacity to market is only going to happen under circumstances of where equity on chain is generated. Its not just a creators economy, I’m speaking on all economys.

This represents a single way to literally end tax fraud in the construction industry.

Fraud in the construction business is “commonplace and in some cases endemic across Australia, Canada, India, the UK and the US,” according to a new report from Grant Thornton, amassing a global price tag of up to $860 billion today — between 5% and 10% of total revenues. The accounting and advisory group projects that annual fraud cost in the sector could rise to $1.5 trillion by 2025.

Other use cases — it could force dodgy insurance corps to be immediately transparent w/ the claimants they far too often disadvantage by withholding critical payment information. Corrupt at arms length “government” organizations like the WSIB (Workplace Safety Insurance Board) could be erased and replaced over night by a functioning NFT.

People often attribute value to cost, without interpreting indirect loss…. via SPACE ID I just gave you 1.5 trillion reasons to go to app.space.id and mint your .bnb handle. I’m definitely sharing this article w/ my Union… across Canada & the USA we are 550,000 members strong!!!

1 .bnb = 1 .bnb

ZEPOCH NODE OWNERS EXCLUSIVE BENEFITS
ZEBEC — ZEPOCH NODE NFTs — How to Buy
NODE Referral: https://horizon.zebec.io/#/participate R73NTYD6

--

--

BIGBLACKCRYPTO.BNB

Digital Asset Analyst | ecosystems 🐝 #BNB infrastructures Domain broker| stratified law & gov💞 #SPACEID .bnb domains 🦄×⁸ #SpaceNova #BNB #Binance