Sergei Sergienko

12 July 2024 11:26

Brave Partnership: From Plane Chat to LaborX job listings
When you’re in Web3, networking is a continuous process. And when I say continuous, I mean it. A while ago, I found myself on a plane next to Brendan Eich, the founder of Brave and a co-founder of Mozilla. As one of the creators of JavaScript, he’s a legend in tech.

🤝 We struck up a conversation about crypto, and that serendipitous chat led to LaborX partnering with Brave, the one and only Web3 browser.

This experience, once again, reminded me about the importance of real-life meetings. In the Web3 space, we often find ourselves stuck online, which isn’t great for mental health or building trust. Face-to-face interactions can foster stronger, more reliable partnerships, just like ours with Brave.

Sergei Sergienko

11 July 2024 20:07

⚡️ Building Community Fast: Some Nice Problems To Have
Telegram apps have proven to be an incredible way of building huge communities in just a few weeks. Our very own Time Farm attracted 15 million users in the first month and keeps growing!

While this is an amazing achievement, it brings challenges – including more pressure for us to deliver. No problem! We’ve got a highly motivated and experienced team with some great ideas, so we’re looking forward to doing just that.

It can also be tough dealing with the volume of questions and feedback, so please be patient while we get back to you 🙏

Lastly, the sheer weight of users caused some tech issues, which we solved by beefing up our servers.

Onwards!

Sergei Sergienko

10 July 2024 15:16

Some Thoughts On Gaming Token Utility
Early play-to-earn (P2E) games ran into a big problem. While distributing free tokens with real value to gamers helped grow these ecosystems rapidly, sooner or later the token price crashed because there wasn’t enough demand to keep up with players selling. Axie Infinity, one of the most popular P2E games of the last crypto cycle, has seen its token price drop by over 99%.

I believe, the most important thing that was missing was an effective monetization strategy. The new generation of TON-based games will benefit from Telegram’s amazing user experience. Adverts can seamlessly be integrated in the feed, providing new ways for game developers to generate revenues – and create games that are not only fun and rewarding, but sustainable too.

I find the future of blockchain incredibly exciting.

Sergei Sergienko

09 July 2024 19:35

💰 For Web3 talent, your expertise and skills are priceless. From my decade-long experience building crypto projects, I've learned that staying adaptable and continuously upskilling are crucial.

Embrace the challenges of the market, contribute to innovative solutions, and remain steadfast in your commitment to advancing decentralized technologies. Your perseverance will make a difference.

Sergei Sergienko

09 July 2024 10:10

🥶 During crypto winters, job openings in Web3 can decline and layoffs increase. Yet, despite market cycles, developers and other skilled professionals remain sought-after. In fact, data shows that even in downturns, tech roles in blockchain and Web3 stay resilient with sustained demand.

Personally, witnessing this resilience amidst market fluctuations is both inspiring and validating. It reaffirms my belief in the transformative potential of blockchain tech and the enduring value of expertise.

Sergei Sergienko

08 July 2024 19:12

Embracing DAOs is about more than decentralization; it's about nurturing a vibrant, resilient community.
As I said, embracing DAOs isn't just about decentralization; it's about fostering a vibrant, resilient community.

Time Farm reached 14 million in just one month, and our responsibility level is well above average. With such a diverse audience, we prioritize listening to every voice.

💞 As we refine our feedback and decision-making processes, we encourage you to share your thoughts through our community channels.

Sergei Sergienko

08 July 2024 11:15

DAOs are integral to Web3 development, empowering every contributor to influence decision-making and drive innovation.

DAO members (token holders) propose, vote on, and help fund projects aimed at advancing decentralized technologies. This includes funding blockchain research initiatives, developer grants, community-building efforts, and others.

My team and I are currently exploring DAO mechanics where our community shapes the future of Chrono.tech’s ecosystem. It’s a long way to go, but we’re getting there.

Sergei Sergienko

06 July 2024 15:43

👊 Some major updates are coming. We’re taking @TimeFarmCryptoBot to a whole new level by merging it with the best of LaborX

This bold new direction will introduce micro tasks, both online and offline, allowing people to earn by completing straightforward tasks and helping work providers find the perfect match for their needs.

We aim to redefine marketing and promotion in the Web3 space, ensuring businesses receive genuine feedback and evaluations.

I’m incredibly proud of this next step and can’t wait to see the opportunities it creates for the community.

Sergei Sergienko

05 July 2024 10:43

Imagine all the benefits of gig work but with the security of traditional employment.

Now, go to LaborX full-time jobs section and there you have it – flexible schedule, remote employment, benefits, and guaranteed salary. You can choose to get your wages in crypto and take care of taxes according to your lifestyle.

However, this setup requires specific skills, immense responsibility, and self-organization.

💡I understand it's not feasible for everyone to work in Web3. My point is that other industries can still draw valuable lessons from such workflow.

Sergei Sergienko

04 July 2024 18:21

The beauty of cryptocurrencies lies in their ability to empower individuals globally, offering financial inclusion and autonomy beyond traditional banking systems.

However, as regulatory pressures mount, there's a risk of stifling innovation and excluding those who rely on crypto for financial freedom.

💡Can we reconcile regulatory compliance with crypto's decentralized principles? Is there a middle ground where legal frameworks can support innovation without compromising decentralization?

Sergei Sergienko

04 July 2024 11:49

Today, I’ve been thinking about the legal side of crypto. MiCA, a fresh crypto regulation in the EU law, has just come into effect and taken the situation with digital assets under control.

Crypto exchanges may delist certain noncompliant stablecoins or restrict services for the EU and some crypto exchanges have already started delisting USDT.

As regulatory frameworks tighten, some stablecoins and certain services might indeed face challenges or choose to leave EU exchanges to comply with stringent requirements.

Sergei Sergienko

03 July 2024 13:18

They make it seem like building #Web3 is a huge hassle. It’s not. The problem is that many vie to set industry standards, but the field is cluttered with promising ventures lacking leadership and utility.

The success formula is pretty straightforward:

Find your product-market fit. Get the right people to build it. Scale through partnerships.

Sergei Sergienko

02 July 2024 18:32

Ever wondered why clicker games are so addictive?

They're designed for easy play, constant rewards, and a sense of achievement even with minimal effort. You maybe a casual player or a perfectionist, there's something for everyone.

🏅Speaking of achievements: Time Farm has onboarded 14 million users in less than a month!

And here are more stats to prove the point: TON already outperformed the Bitcoin network by 118%, largely thanks to clicker games.

Telegram's user base is massive, with around 1 billion users, and they are slightly more tech-savvy than the rest.
And with all the new crypto mechanics Telegram is about to introduce... I have a good feeling about it.

Sergei Sergienko

02 July 2024 10:10

✈️Checked off a bucket list item: my Telegram channel is now verified!

Can't deny, loving the massive audience boost these days.

Sergei Sergienko

01 July 2024 11:18

The best part about premeditated initiatives is that they always get noticed.

Guess who thanked us for launching the Base Incubator? Jesse Pollak, the creator of Base.

At moments like this you know you’re on the right track.

And of course, the pleasure is ours!

Sergei Sergienko

11 July 2024 21:23

🏴‍☠️ Global App, Local Communities
Treating your community well isn’t just a nice extra. It’s vital for success (as well as simply being the right thing to do).

One of the ways we’ve done that is to create local communities for Time Farm users, so they can receive news about the project in their own language, make referrals to their friends, and discuss the project together.

We always listen to feedback – no matter how painful – and we will always seek to adapt Time Farm to best serve our community.

You guys matter!

Sergei Sergienko

11 July 2024 09:19

🍪 Community: The Root Of Value In Web3 🍪
Web3 founders often talk about the importance of community, but do they walk the walk as well?

It's not just my opinion, it's a universal wisdom: every crypto project relies on its community for success. Although many don’t reflect that through their actions.

Web3 is not like Web2. Your community members aren’t just users. They secure the blockchain protocol. They fund your project. They’re token holders and liquidity providers. They are early adopters, testers, focus groups who offer valuable feedback, and your most powerful marketing resource. They audit code and help find bugs. They build new features, and even whole applications on top of your foundations.

LaborX’s community – its gig providers and employers – are the lifeblood of the platform. Without them, LaborX is just some lines of code.

Sergei Sergienko

10 July 2024 10:39

🥊 Clicker Games And Blockchain Tokens
Mobile ‘clicker’ games based on TON keep proving incredibly popular. These simple, fun games are introducing tens and sometimes hundreds of millions of users to Web3 and blockchain technology – often within just weeks of launch!

Airdropping blockchain tokens to these users represents a huge opportunity for Web3 founders to distribute digital assets to a massive audience. Notcoin’s airdrop saw 80 billion NOT sent to around 35 million users, for example. Hamster Kombat, which has around 250 million users, is set to drop its token later this month.

Now the big question, of course, is how these tokens are used…

Sergei Sergienko

09 July 2024 11:53

🙏 Today, the tide is turning. After navigating past layoffs and uncertainties, firms are now cautiously optimistic, planning to increase headcounts amid crypto market rebounds. This move underscores growing confidence in blockchain's future.

Judging by LaborX stats, Web3 companies are not just after builders but also expanding teams with niche roles like analysts, writers, and ecosystem leads. This hiring spree reflects a robust market sentiment, with companies scaling up to capitalize on blockchain's potential across industries.

Sergei Sergienko

08 July 2024 19:19

I will be ordering new Ledger Stax as soon as the sales begin.

The futuristic design caught my eye immediately, but the touch screen really sold me. As someone constantly on the go, having a sleek and functional device is a must.

If it’s anything like the Nano X, we’re in for a treat.

Sergei Sergienko

08 July 2024 16:47

DAOs also demonstrate the power of decentralized collaboration. From governance decisions to feature development, DAOs ensure that every voice is heard.

For instance, MakerDAO's community proposed adjustments to their stability fees, optimizing the protocol's stability while maintaining competitive lending rates, which was widely supported and implemented. And the list of such examples could go on forever.

DAOs empower everyone to shape the future of Web3 innovation, where every voice counts and decisions are truly community-driven.

Sergei Sergienko

07 July 2024 12:20

Everyone who has been around crypto for any length of time knows that keeping one's digital assets safe is a top priority. That’s why I swear by my Ledger Nano X.

This little device is a powerhouse when it comes to keeping my crypto safe. It’s 100% reliable, easy to use, and affordable, making it the perfect gift. So I’ve started gifting it to friends and colleagues.

🔐Surely, there are quite a few options for keeping your crypto safe without paying for it, but the peace of mind you get from the Ledger Nano X is priceless.

Sergei Sergienko

05 July 2024 17:46

Bitcoin and Ethereum are experiencing significant drops, with Bitcoin hitting its lowest point since February. Similarly, Ethereum has fallen quite a bit.

As someone deeply rooted in blockchain, I've seen these scenarios play out before. Recent transactions involving wallets linked to Mt. Gox and a sizable movement of $75 million in Bitcoin by the German government have undoubtedly rattled investors. Additionally, macroeconomic conditions and the looming uncertainty of U.S. elections are contributing to the current bearish sentiment.

🎓Will the markets keep falling?
That's not the right question. Keeping yourself informed and adaptable is key; staying panicked and trying to predict the future is not a good idea. Seasoned crypto enthusiasts understand these cycles as natural fluctuations in the market's rhythm, reminding us of its inherent volatility and resilience.

Sergei Sergienko

05 July 2024 07:37

Who doesn’t love the gig economy? Flexibility, autonomy, and endless opportunities define why it’s awesome. Whether you're freelancing full-time or earning extra income on the side, gigs offer the freedom to work when, where, and how you want.

But many raise valid concerns.

A recent Forbes article questions the gig economy’s main pillars, citing issues like fake flexibility, lack of benefits, an "always-on" work culture, and broader societal impacts. The other article I came across details why gig work should become more sustainable. The challenges listed are very similar.

As someone deeply entrenched in blockchain for over a decade, I believe we must reconsider our approach to employment at its core and draw lessons from the crypto space.

Sergei Sergienko

04 July 2024 15:01

Although it’s only natural that crypto space will be regulated, it often means destroying its decentralized nature. If those who don’t want to comply are forced into the gray area, would crypto become people’s currency?

In many parts of the world, people have already come up with a communal way to save and access funds without relying on traditional banks. Known as Tanda, Susu, Paluwagan, and by many other names, this practice allows members to contribute a fixed amount each month and take turns receiving the total pool of money.

The communal savings practices demonstrate a grassroots approach to financial resilience, providing essential support where formal banking services fall short. Likewise, cryptocurrencies have the potential to democratize finance globally, offering financial services to the unbanked and underserved populations.

💡But if you need a passport and a bank account to access your crypto funds, what’s the point?

Sergei Sergienko

03 July 2024 16:11

LaborX is a product-market fit in action. The issue of hiring and getting hired is perpetual, yet before LaborX there wasn’t a place for that.

We’ve simply made a platform that brings together top employers and talent, added the crypto payment functionality, and started actively attracting well-established companies.

Jump into collaboration mode and form teams with other complementary Web3 projects as soon as you identify your product-market fit. Build up your infrastructure. Engage more enthusiastic people. Continue building and working on that UI/UX and narrative.

As the Web3 ecosystem evolves, adapting and expanding collaboratively will ensure enduring success.

Sergei Sergienko

03 July 2024 10:35

Visibility goes beyond spending; often, it can be achieved without cost.

Polkadot's challenge underscores the importance of aligning strategically with community interests and fostering organic engagement.

With the right team and a focus on targeted strategies, everything falls into place.

Sergei Sergienko

02 July 2024 18:32

Since a whole lot of you are interested in clicker games, let’s talk about that.

Everyone in Web3 is obsessed with bridging Web3 and Web2 because the space needs new users desperately. Can clicker games play a role in that? I do believe in interactive experiences leading the way to a decentralized future.

🪁 Crypto incentives, decentralized mechanics, and smooth onboarding can make clicker games a great entry point for non-native Web2 users.

Sergei Sergienko

01 July 2024 18:57

I came across this article claiming AI might harm employee well-being due to social isolation. As the founder of a Web3 jobs marketplace, this resonates with me. Although I haven't met anyone saying, "I wish I could go back to the office," the problem is real.

What practices should employers implement to address this issue once and for all?

Sergei Sergienko

01 July 2024 11:18

First, we integrated Optimism. Then, we moved on to Op Stack-based Base and integrated it too. Then, we came up with the Base Incubator idea.

The Base Incubator was designed to empower builders, providing them the freedom to innovate on Base. This initiative perfectly aligns with our vision of fostering innovation and nurturing talent and creativity within the community.