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Mental Health (for Startups): 5 Strengths to Help You Tackle Anything

CNBC Make It | Jody Michael | Aug 17, 2022

startup mental health awareness - Mental Health (for Startups):  5 Strengths to Help You Tackle AnythingIn my 25-plus years of research as a psychologist, I've found that there are five main mental muscles that all work together to help us increase our emotional intelligence, respond to situations with more resilience, build stronger interpersonal relationships, and thrive in all parts of life.

While a good amount of successful people have already mastered these muscles, most people aren't there yet

1. Accountability

You'd be surprised at how many people incorrectly think they've already mastered this one. Personal accountability doesn't have to do with everyday actions like showing up for work or taking your kids to baseball practice on time.

See:  How Entrepreneurs Can Manage Their Mental Health

  • You stop blaming other people and circumstances for how you feel or for what has happened.
  • You fully own your part in your results, even while recognizing other potential contributors to what has unfolded.
  • You own exactly what's yours and you hold others to owning what's theirs.

2. Helpful beliefs

Most of us think that our beliefs are truths. But they are actually a set of assumptions, which means that we can experiment with them. We can probe them, challenge them and try to think of new ones.  Here are some helpful lenses to adopt:

  • Collaborative lens: This is the "I win when you win" approach. Maybe everyone doesn't get everything they want, but they all walk away feeling heard and included.
  • Possibility lens: This lens allows you to take a step back and temporarily set aside all perceived obstacles, problems or doubts in order to give yourself the freedom to imagine an ideal outcome.
  • Opportunity lens: Even in times of conflict, you can ask yourself, "How can I find an opportunity in whatever situation I face?"

3. Self-assessment

Can you accurately self-assess your internal state?

See:  11 C’s of Soft Leadership and Emotional Intelligence

This is the running commentary in your head, the moods and emotions you feel, and the physical sensations you have, like a knot in your stomach.  Let's say you're in a really bad mood. That's vague. But if you have strong self-assessment muscles, you can say that you're experiencing a combination of disappointment, anger and anxiety and a pounding headache.  The goal is to get better at managing and regulating your emotions and responses to triggers.

Continue to the full article --> here


NCFA Jan 2018 resize - Mental Health (for Startups):  5 Strengths to Help You Tackle AnythingThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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How To Build A Trading Strategy That Will Bring You Results

Aug 17, 2022

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If you want to be a successful trader, it is essential that you have a trading strategy in place. A trading strategy will help to ensure that you are making the right decisions when it comes to your trades, and it can also help to keep you disciplined. In this article, we will show you how to build a trading strategy that will bring you results. Here are the steps that you need to follow.

1. Prop trading

One of the most important aspects of any trading strategy is to have a clear understanding of what you are trying to achieve. Are you looking to make short-term trades or long-term investments? What kind of risk are you willing to take? These are all important questions that need to be answered before you can start putting together your strategy. To actually become a prop trader, you will need to have a very good understanding of the markets and the assets that you are trading. This means that you will need to spend some time doing research and learning about the different markets.

2. Develop a system

Once you know what you want to achieve with your trading, you can start to develop a system. This system should take into account the different factors that will affect your trades. For example, you will need to consider the technical analysis of the markets, as well as the fundamental analysis. You will also need to think about your own risk tolerance levels and how much capital you are willing to risk on each trade. Once you have developed your system, you need to backtest it to see how it would have performed in different market conditions. It's also a good idea to paper trade your system before you start using it with real money.

3. Demo trading

Once you have developed and tested your system, it is time to start demo trading. This is where you will use virtual money to place trades in the market. This is a great way to get used to using your system and to see how it works in real-time. It is also a good way to test your emotions and see how you react to different market conditions. If you find that you are not comfortable with demo trading, then it is probably not the right system for you. Additionally, make sure that you are using a reputable broker that offers a good demo trading platform.

4. Live trading

Once you are confident with your system and your emotions, you can start live trading. This is where you will be using real money to place trades. It is important to remember that you should only risk what you can afford to lose. You should also have a plan in place for how you will exit your trades. For example, you might want to take profit at certain levels or cut your losses if the trade goes against you. Additionally, make sure that you are using a good broker that offers a good trading platform and that has low commissions.

5. Review your trades

It is important to review your trades on a regular basis. This will help you to see what is working and what is not working. Additionally, it can also help you to spot any potential improvements that could be made to your system. Make sure that you keep a journal of all of your trades so that you can go back and review them later. Also, make sure that you are using a good broker that allows you to access your trade history. It's also a good idea to set up some sort of alert so that you can be notified when a trade is executed.

6. Adjust your system

As you start to trade more, you will probably find that there are some adjustments that need to be made to your system. For example, you might find that you need to change your entry and exit points. Additionally, you might also need to change the amount of capital that you are willing to risk on each trade. As you become more experienced, you will probably find that you need to make fewer and fewer adjustments to your system. However, it is still important to review your trades on a regular basis and to make sure that your system is still working well.

7. Stay disciplined

One of the most important things that you need to do in order to be successful at trading is to stay disciplined. This means following your system even when it goes against your emotions. It can be very difficult to do this, but it is essential if you want to be successful. Additionally, you need to make sure that you stick to your risk management rules. For example, you should never risk more than 2% of your capital on any one trade. By staying disciplined, you will be able to achieve consistent results over time. It's also important to remember that there will be losing trades. However, if you stick to your system, you will eventually come out ahead in the long run.

8. Have realistic expectations

It is important to have realistic expectations when trading. This means understanding that you will not always make money and that there will be losing trades. However, if you have a well-tested system and you follow its discipline, then you should expect to make money in the long run. Additionally, it is important to remember that even the best traders in the world have lost trades. Therefore, don't get too discouraged if you have a losing trade or two. Just remember that the key to success is to keep your emotions in check and to follow your system.

Pexels trading graph - How To Build A Trading Strategy That Will Bring You Results

See:  Should You Be Hedging Your Crypto Trading?

Building a trading strategy is a process that takes time and effort. However, it is well worth it if you want to be successful at trading. By following the tips in this article, you will be well on your way to developing a system that works for you. Just remember to stay disciplined, have realistic expectations, and review your trades regularly. If you do all of these things, then you should be able to achieve consistent results in the long run.


NCFA Jan 2018 resize - How To Build A Trading Strategy That Will Bring You ResultsThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Censorship: Vitalik Votes to Burn Staked Ethereum of Validators that Would Comply with Sanctions

CryptoSlate | Samuel Wan | Aug 16, 2022

Sanctions - Censorship: Vitalik Votes to Burn Staked Ethereum of Validators that Would Comply with SanctionsEthereum's Beacon Chain Validators Discuss Censorship Resistance

In a recent Twitter poll on Ethereum censorship, Vitalik Buterin revealed that he voted to punish validators complying with censorship requests by burning their staked tokens.The poll was held by software engineer Eric Wall, who asked the Ethereum community if they would burn the staked tokens of validators who comply with censorship requests or “tolerate the censorship” and do nothing.

The majority of voters  — 62%, including Buterin — opted for the former. Meanwhile, 9% voted to tolerate censorship, and 29% clicked show results. As of press time, several hours remain until the poll closes.

See: 

Canadian cryptocurrency exchanges ordered to cease dealings with convoy-linked accounts

Want Institutional Adoption? You Have to Sacrifice Tornado Cash, says Kevin O’Leary

Wall’s poll was a response to a tweet from Lefteris Karapetsas, the founder of Rotkiap, a privacy-focused portfolio tracker, who asked five significant Proof-of-Stake validators if they would comply with censorship requests or respond to the request by closing their staking service.

Continue to the full article --> here


NCFA Jan 2018 resize - Censorship: Vitalik Votes to Burn Staked Ethereum of Validators that Would Comply with SanctionsThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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10 Blockchain Startups to Watch in 2022

VentureBeat | Kolawole Samuel Adebayo | Aug 15, 2022

Top 10 blockchain projects to watch - 10 Blockchain Startups to Watch in 2022While many industries have seen a decline in venture capital investment, the blockchain space has continued to enjoy funding. Blockchain startups have found strength in the rise of NFT use cases alongside the convergence of blockchain and other emerging technologies like 5G, augmented reality (AR), virtual reality (VR) and artificial intelligence (AI).

Gartner predicts the business value generated by blockchain will increase, reaching $176 billion by 2025 and $3.1 trillion by 2030. In addition, Grand View Research estimates the global blockchain technology market will grow at a rate of 85.9% between 2022 and 2030. With the blockchain market capitalization poised to skyrocket in the next few years, investors continue to pour billions of dollars into blockchain and crypto startups.

See:  Overview of Some Popular Layer 1 Blockchains

A report by PwC on the outlook of the blockchain industry notes:

[Blockchain is a] technology enabler with an unrivaled capability to improve the business processes in the enterprise while simultaneously lowering the cost of trust. These advancements are touted to result in a greater return on investment (ROI) for first movers and the businesses they serve.

10 Blockchain Startups to Watch (no particular order)

1. FLUREE:  Founded 2016 by Brian Platz, based in North Carolina, U.S.A., to date raised $6.5 million

Bringing data into the blockchain space, Fluree is an open-source graph database that guarantees data integrity, provides traceability into data provenance, facilitates secure data collaboration and powers connected data insights. Fluree is going after the general blockchain application market, focusing on becoming the data management infrastructure for Web3.

See:  Crypto Bridges are Integral to Blockchain Adoption but Vulnerable to Attack

2. TABTRADER:  Founded 2016 by Kirill Suslov, based in The Netherlands, to date raised $7 million

Cryptocurrency trading platform TabTrader is largely invested in decentralized finance (DeFi). Focused on connecting end-users to multiple exchanges and to enable them to execute trades in real-time with its app, TabTrader allows trading on about 40 exchanges and supports more than 12,000 digital instruments, giving users access to a variety of instruments to trade.

3. MEETKAI:  Founded 2018 by Weili Dai and James Kaplan, based in Los Angeles, California, USA, raised to date: undisclosed

MeetKai believes the metaverse depends on maximized accessibility and the integration of artificial intelligence (AI). The startup is about extending physical reality into the metaverse and has started mapping the entire world inside its virtual realm.

Continue to the full article --> here


NCFA Jan 2018 resize - 10 Blockchain Startups to Watch in 2022The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Canada to Launch ‘Digital Ambition 2022’ Public Consultation For Digital ID Framework of Federal Public Services

Global Government Forum | Jack Aldane | Aug 16, 2022

biometric digital identity - Canada to Launch 'Digital Ambition 2022' Public Consultation For Digital ID Framework of Federal Public ServicesCanada's Digital Ambition 2022:  Public Consultation coming soon...

The government launched its Digital Ambition 2022 on 5 August this year:

  • “a clear, long-term strategic vision for the Government of Canada to advance digital service delivery, cyber security, talent recruitment, and privacy”. The new strategy replaces the government’s Digital Operations Strategic Plan: 2021-2024.
  • One key pillar of the ‘Ambition’ is digital identity, with emphasis on the need for government to create fast, straightforward ways to prove ID claims.
  • “The COVID-19 pandemic highlighted the need for government services to be accessible and flexible in the digital age. The next step in making services more convenient to access is a federal Digital Identity Program, integrated with pre-existing provincial platforms.”
  • The document reiterates a Treasury Board mandate set in late-2021 to work towards a common digital identity platform for public services.

See: 

The Evolving Digital Identity Landscape

Liquid Avatar Releases Update to It’s Feature Rich Self-Sovereign Identity Mobile App

Mona Fortier, president of the Treasury Board of Canada Secretariat:

the Ambition would lay a solid foundation for the ever-evolving digital transformation of government” and would serve as “an important tool to support the focus shared across ministers and departments to identify and implement better ways to ensure Canadians receive high quality, accessible, and efficient government services. Having ownership of a digital credential would protect Canadians from identity theft and fraud.

Headwinds

One Global Government Forum reader wrote:

Digital ID is an often controversial topic, splitting public opinion around the issue of privacy. Canada risk[s] becoming “full out ‘Chinadian’. Goodbye to all freedoms and welcome to dictatorship.

See:  Digital Identity Isn’t Only For People

Forier said:

Government had yet to instil trust in digital systems among the public. She suggested this could be improved through open collaboration between industry and government, as well as building diverse teams whose work reflects the concerns of Canadian citizens. We have a collective responsibility to break down organisational silos, address technical debt to promote quality over speed, and promote open data to foster transparency and trust.

The Canadian government has yet to provide details on when the its public consultation on digital ID might run.

Countries that have either implemented digital ID systems or are working on doing so include Estonia, Germany, the UK, and Australia, as well as the EU.

Continue to the full article --> here

View Canada's Digital Ambition 2022 government page --> here

 


NCFA Jan 2018 resize - Canada to Launch 'Digital Ambition 2022' Public Consultation For Digital ID Framework of Federal Public ServicesThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Strategies for Protecting NFT Brand/product IP in the Metaverse

Herbert Smith Freehills | Andrew Moir and Pietro Pouche | Aug 16, 2022

NFTs and intellectual property - Strategies for Protecting NFT Brand/product IP in the MetaverseThe creation (“minting”) and sale and use of NFTs raises many IP issues which we have discussed in our previous posts in our IP in NFTs series. However, brand owners and product manufacturers must also be vigilant in monitoring the virtual marketplaces to ensure that third parties are not creating NFTs that infringe their own IP rights.  This is especially true where the company is considering releasing or has released NFTs, because the public will begin to associate the brand with NFTs (which could include infringing NFTs).  There are several strategies that companies could adopt to minimise this risk.

Strategies for product and brand protection

Companies should become familiar with the NFT marketplaces and conduct periodic searches to see if any of their IP is being traded without their knowledge. Image matching technology, such as Google’s reverse image search, can also be used to check whether specific image files are present on unauthorised domains.

See:  Intellectual Property and NFTs: What you need to know

It is also important for companies to be clear and open about their involvement in the NFT space, including making it easy for the public to see how many legitimate NFTs have been sold by the company and where these are available for sale.

The EUIPO has recently issued guidance notes in relation to trade marks and NFTs entitled “Virtual goods, non-fungible tokens and the metaverse” clarifying the approach that it is taking for applications containing terms relating to virtual goods and NFTs, which applications it says are increasing.

  • Virtual goods: From a classification point of view the EUIPO says that” virtual goods are proper to Class 9 because they are treated as digital content or images. However, the term virtual goods on its own lacks clarity and precision so must be further specified by stating the content to which the virtual goods relate (e.g. downloadable virtual goods, namely, virtual clothing)”.  The guidance confirms that the 12th Edition of the Nice Classification will incorporate “the term downloadable digital files authenticated by non-fungible tokens in Class 9″.
  • NFTs: The EUIPO also comments that NFTs are treated as unique digital certificates registered in a blockchain, which authenticate digital items but are distinct from those digital items. The guidance states that for the EUIPO, the term “non fungible tokens on its own is not acceptable”.  The type of digital item authenticated by the NFT must be specified.

See:  A new way of measuring the elusive value of intellectual property

  • Services: The EUIPO’s guidance says that services relating to virtual goods and NFTs will be classified in line with the established principles of classification for services.

Continue to the full article --> here

 


NCFA Jan 2018 resize - Strategies for Protecting NFT Brand/product IP in the MetaverseThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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NCFA Open Banking Thought Leadership Series: Privacy Policy

NCFA Canada | May 2022

Privacy Policy

This privacy policy describes our policies and procedures on the collection, use and disclosure of your information for the purposes of the National Crowdfunding & Fintech Association of Canada’s (NCFA Canada) Open Banking Interview Series. The Series will feature thought leadership and implementation insights from global Open Banking experts on NCFA Canada’s website.  By agreeing to participate in the Series, you agree to the following terms.

Definitions

For the purposes of this policy:

  • Organization (referred to as  "the Organization", "we", "us" or "our" in this policy) means the National Crowdfunding & Fintech Association of Canada, 150 King Street West, Suite #200, Toronto, ON M5H 1J9;
  • Country means Ontario, Canada;
  • Personal Data is any information that relates to an identified or readily identifiable individual;
  • Website means the website of the National Crowdfunding & Fintech Association of Canada, accessible at https://ncfacanada.org/;
  • You means the individual accessing or using the Website, or other legal entity on behalf of which such individual is accessing or using the Website, as applicable.

Personal data collected

While using the Website, we may ask You to provide us with certain Personal Data  that can be used to contact or identify You. The Data may include, but is not limited to:

  • Email address
  • First and last name
  • Affiliated company or organization
  • Job title
  • Head shot image
  • Social handle(s) (i.e., Linkedin)

Use of your personal data

The Organization may use Personal Data for the following purposes:

  • To provide and maintain the Website, including to monitor the use of the Website.
  • To contact You by email, telephone, SMS, or other form of electronic communication, such as a mobile application's push notification of updates or informative communications about the functionalities, products or contracted services, including security updates.
  • To provide You with news, special offers and general information about other goods, services and events which we offer that are similar to those that you have already purchased or asked about unless You have opted not to receive such information.
  • To manage and respond to Your requests.
  • For other purposes such as data analysis, identifying use trends and the effectiveness of our promotional campaigns, and to evaluate and improve our products, services, marketing, and Your experience.

We will not share your personal information without your consent.

Retention of your personal data

The Organization will retain Your Personal Data only for as long as is necessary for the purposes set out in this policy. We will retain and use Your Personal Data to the extent necessary to comply with our legal obligations , resolve disputes, and enforce our legal agreements and policies.

Transfer of your personal data

Your information, including Personal Data, is processed at the Organization's offices and in any other places where the parties involved in the processing are located. Therefore Your Data may be transferred to — and maintained on — computers located outside of Your state, province, country or other jurisdiction where the data protection laws may differ from those in Your jurisdiction.

The Organization will take all steps reasonably necessary to ensure that Your Data is kept secure and treated in accordance with the policy. There will be no transfer of Your  Data  to a person or a country unless there are adequate controls in place for our compliance with this policy, data protection and privacy legislation applicable to us in Ontario, and the compliance with this policy of the person receiving the Data .

Security of your personal data

The security of Your Personal Data is important to us but remember that even with the best systems and controls, no method of transmission over the internet, or method of electronic storage is 100% secure. While we strive to use reasonable means to protect Your Data, we cannot guarantee its absolute security.

Contact us

If you have any questions about this policy, you can contact us by email: info@ncfacanada.org.


NCFA Jan 2018 resize - NCFA Open Banking Thought Leadership Series:  Privacy PolicyThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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