• Tuesday, April 16, 2024
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BusinessDay

Another win for algorand as mese launches on it’s blockchain

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MESE.io is the world’s first microequity exchange as a platform for financial inclusion which allows for micro level participation in the worlds’ most innovative US tech stocks. The international Blockchain Monetary Reserve (IBMR) launched MESE.io on the Algorand blockchain on Sept 29, 2020 and it is powered by ChainUp’s digital cloud exchange tech.

The sole objective is to bring financial inclusiveness to emerging markets, users who believe in owning a prudently diversified portfolio of long-term investments will be granted the opportunity to take part in the trading of global tech stocks through a digital tokenization model that divides traditional stocks into microequity tokens with a representative value of one ten-thousandth of the reference stock. So instead of one whole Tesla for example, one can hold small percentage of a share. 

The technology space which is rapidly developing with opportunity for more growth offers opportunities for both income and growth investors to buy shares from several mature established companies. An average person can always jump on emerging technologies that they have experienced and believe will become a part of the future.  Sometimes, these shares are expensive for some individuals. Tesla for instant is priced at about $421 per 1. Such individual can purchase and hold a small percentage up to 1/10,000th of a share. Microsoft, Apple, Tesla, Twitter, Amazon, Netflix and Google are the seven global tech companies available as at the launch of MESE.io

MICROSOFT

Microsoft offers a variety of software and hardware solutions for both commercial and personal use, it was co-founded by Bill Gates and Paul Allen in 1975. Microsoft has grown to become one of the largest tech companies with a market cap of over $1.6 trillion.

Over the few years, under the leadership of Satya Nadella, Microsoft has opened up the company’s products to all platforms, Office was successfully moved from a boxed product seller to a subs subscription-based provider model and he invested heavily in the cloud. Nadella bet heavily on Artificial Intelligence (AI) and Internet of Things (IoT) positioning the company to profit from its established products while also setting it up for future growth.

 

APPLE

Apple is an American multinational technology company that designs, develops and sells consumer electronics, computer software, and online services. Apple stock price is currently $116.50 with a market cap of 2.02 trillion. Some of its main products include iPhone, Mac line of personal computers, and laptops, iPad, Apple Watch and Apple TV. The company also has a fast growing services business that includes its iCloud cloud service and its digital content streaming services.

 

TESLA

Tesla is not purely a tech company, it is a car company that differentiates itself with technology. They are also a pioneer in the battery space and creating advanced solar powered solutions. Tesla unveiled its biscuit tin battery cell, which the company says will pave the way for a 16% increase in its vehicles’ range capacity and also be less expensive to produce, The company’s share price skyrocketed 74% across August’s trading after the release of the 5 for 1 stock which brought about great excitement and the company being passed over for inclusion in the S&P 500 index.

TWITTER

Twitter is an American microblogging and social networking service on which users post and interact with messages known as tweets. Registered users can post, like and share tweets while unregistered users can only read them. The company is at the verge of becoming the go to source of updates for live events including entertainment, sports and news.

Twitter generates money from selling ads to businesses. Higher traffic and engagement levels will increase ad demand, boosting ad prices and the company’s sales. Twitter has a market cap of 26.479 billion.

AMAZON

Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence (AI) it is in no question a tech leader. As the pandemic continues to boost online purchasing, Amazon has multiple business units that will bring robust revenue growth and rising profit margins over the next several years. For the second quarter, Amazon reported adjusted earnings of $10.30 per share, there is no sign that growth will slow down any time soon.  Amazon stock price is currently $3,196.68 with a market cap of 1.60 trillion.

NETFLIX

Netflix is an American technology and media services provider and production company headquartered in Los Gatos, California. The stock price is currently at $520.65 with a market cap of 229.61 billion.

The company has leveraged its streaming platform to grow its subscription-based business globally, with over 118.9 million paid members around the world. There is still room for growth especially as they continue to invest in content.

GOOGLE

Google is an American multinational technology company that specializes in internet-related services and products, which include online advertising technologies, a search engine, cloud computing, software, and hardware. Google stock is currently at $1,482.83 with a market cap of 1.01 trillion.

Google still dominates in digital advertising, along with Facebook. While Google has expanded into cloud computing and consumer hardware, digital advertising still makes up the lion’s share of revenue. Google’s profit margins remain an issue amid high investments in data centers for cloud computing, artificial intelligence (AI), YouTube and consumer products.

ADVANTAGE OF CRYPTO FOR TECH STOCKS

MESE.io’s microequity tokens are decentralized assets on the Algorand blockchain, holders of the microequity for several tech stocks can sell these microequity tokens on secondary markets which includes those that are outside the MESE.io platform. Crypto is global, unlike Robinhood that requires sending shares to other registered brokerages and is limited to the US only. Every single dollar matters, new financial opportunities that work at the level of emerging markets is being created. 

This also brings financial inclusivity to people that do not have investment capital by granting them access to micro global tech stocks. Also by being able to buy fractions, users are able to limit the amount of risk they take and still at the advantage of taking profit if it goes well.

 

  • About Algorand

The Algorand blockchain is a secure decentralized permissionless pure proof of stake open-source blockchain with the main purpose of developing concepts and reasonable ideas into usable products. It is backed by the algorand foundation; a group of people having past work experience in different parastatals with the vision of achieving a borderless economy through a permissionless blockchain.

 

Kindly check out the following links to learn more about the Algorand ecosystem;
https://algorand.foundation/
https://www.algorand.com/
https://twitter.com/AlgoFoundation
https://www.facebook.com/AlgorandFoundation/
https://www.linkedin.com/company/algorandfoundation/
https://t.me/AlgorandFoundation
https://medium.com/algorand-foundation