Have you ever thought of a killer idea that could be a potential game changer for a certain business? Most people have had at least one business idea that’s worth pursuing but has been left on the backburner for too long until it’s forgotten about. It could be the fear of not getting compensated when one pitches these ideas to big businesses or conglomerates that would definitely just run with them, or it might be the lack of resources to pursue these ideas on one’s own that’s holding back the development of businesses and life as we know it.
This exact point is what James William Awad is trying to address with TripleOne, the world’s first officially decentralized business venture. In James William’s ideal world, everyone’s business ideas are recognized and sufficiently compensated, to the extent that they helped move a business forward.
TripleOne borrows fundamental ideas from blockchain and cryptocurrency in decentralizing power from one central source or authority and distributing it so that everyone gets equal stake in a project or venture they’re working for.
Just like any young, revolutionary idea in business, the main concept behind TripleOne could be difficult to fathom as of now, but here’s putting it simply: TripleOne users collaborate in managing and developing several businesses. Everyone who signs up as a user gets access to TripleOne companies and partner organizations, who will pay them for every valuable business idea they put on the table, as well as every task they accomplish in the execution of these ideas.
TripleOne is bringing the whole world together in business so that no game-changing idea is wasted, and no one is left unpaid for helping businesses grow and succeed. At the moment, James William’s TripleOne has 19 operational companies, and that is just the beginning. In the future, this entrepreneur sees TripleOne taking on more partners in various spaces and industries users can take proprietary interest in, including but not limited to e-commerce, real estate, food, and even skincare.
In a way, the future of TripleOne wholly depends on its users’ inputs and opinions.
This exciting, democratized world of business James William dreamed up finds roots in a lifetime of having to convince people that he isn’t too young to do the things he claims he can do. See, at the tender age of 14, James started working as a freelance developer. Only one thing stood in his way: the fact that companies are generally unwilling to entrust the development of their systems to a 14-year-old. Knowing this, James was forced to convince clients that he was twice his actual age.
One of his first gigs was to fix and develop the user management system of a Mexican bank. Had they known or guessed his age before he completed the project, they would have pulled James William right out. Luckily, he efficiently finished the task and they were none the wiser, since the quality of his work matched that of a 28-year-old, not a 14-year-old.
James started taking on more projects, until he had enough to buy himself books on C++ coding and to pay for his folks’ mortgage for the year. Inspired by this, James began getting more creative. As a young fan of video games, he used his coding knowledge to earn unlimited coins for a massively popular game. He was able to sell batches and batches of these coins to a Chinese firm before the video game developers caught on and addressed James William’s hack. Even his bank decided to shutter his checking account simply because they didn’t believe a 15-year-old could actually earn that kind of money.
These setbacks formed part of this entrepreneur’s ambition to make business more accessible to everyone, regardless of age and economic status. Furthermore, he plans on using the profits he will earn from TripleOne to support philanthropic causes, like setting up free schools and starting new ventures that will help more people in the future. With James admitting to being somewhat of a workaholic, working on TripleOne day in and day out, this dream might turn into reality sooner, rather than later.
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