Yesterday I talked about the famous footballer launching his own coin and I got a comment from @takhar which I then have him a reply with the screenshot below.
After I wrote that response, I realized, "Oh, this was actually a brilliant plan." I believe that people underestimate the value of effort.
Sometimes we intend to do something to improve our financial situation, but we end up with a ridiculous plan that shows no effort due to unintentional laziness. I do not doubt that Ronaldinho is broke; in fact, his drug expeditions demonstrated how desperate he was to make money.
Here's what he could have done
In my opinion, he sold himself short. Being a footballer, retired or active, makes you a celebrity, and he was a fine footballer back in the day; if nothing else, he was one of the greatest football players of all time. Launching a scam token demonstrated a lack of productivity and creativity.
In response to @takhar, I mentioned that he was already a global brand. What he needed to do was launch a jersey merchandise line, sign them, and begin selling them.
Now he would not just sell it. He can still go on to launch his token, but most importantly, give this token utility by offering it as a way to purchase an original jersey signed by him. This way, his token will have a use case.
Instead Of Selling dreams, why not sell utility?
In fact, using his connections, he can approach his fellow footballers, persuade a few of them to get involved in his merchandise business, and then begin selling exclusive signed jerseys and even auction them off while offering discounts if they pay with his coin.
This way, liquidity flows into the coin, and people see it as a way to obtain a jersey signed by him.
He already has an advantage in terms of historical relevance, so why not capitalize on it and regain traction?
While it takes a lot of effort and creativity to come up with great ideas, I believe we sometimes want money too much without realizing we do not have a solid plan to make it.
Sometimes we look at the results only
....We want to move up the effort and work ladder without actually creating anything. Instead of putting our creativity to the test and producing genuine results, we sabotage ourselves by being too lazy.
It is like trying to persuade a wealthy man to invest in your business, but all you can say is "ser, please give me the money, I promise I will do my best"; these are just sentimental talks with no proof of work. People want to have valuable interactions that will change their lives, but the effort they put in is terrible.
This happens on Hive too
Sometimes people become too complacent and lazy; they do not make an effort to add value, instead simply saying "nice post, I like what you mean" wherever they go.
I mean, if you want to interact, do you want to leave that first impression of yourself? Do you want people to see you as a one-minute person because you are too lazy to create the interactions you desire?
Laziness comes as a huge cost, but sometimes we undermine the consequences because of lethargy. People want to do everything, putting 1% of their effort into 200 places when they could put 10% of their effort into ten.
It is the divide and conquer mindset, which we sometimes employ in order to make the most of our time.
You cannot afford to be lazy
Recently, I decided to branch out into other areas to see what kind of exposure I could get, and this is when I realized that many people in the crypto space work tirelessly. You are surprised at how quickly they can move, and when you compare that to the effort you put in, you realize you will never make it.
It does not take much to be creative; all we need is a craft that stands out, because otherwise, why would you try anything if you knew you would not do it well? It reminds me of the DHF, too. I mean, are the primary stakeholders who fund valueplan and co's proposals too lazy to demand accountability?
I mean, how can you give someone money without asking for accountability?
Is this a money-laundering scheme? I mean, it does not take much to draft a creative process that will cleanse the DHF and make it great again, but decentralization also allows for laziness.
As for the Ronaldinho scam coin, this man could have literally used his popularity to come up with something creative, but I suppose if we are not as creative or lazy, we probably need smarter people to motivate us to do better.
Interested in some more of my posts
Why Is the grind getting harder?
Monopoly Is the Death of Civilization
Survival: Choas and Scarcity
Crypto: Gut & meaningful Connections
What is the primary barrier to entry in Web3?
What Are Some Things You Should not Do During A Bull Market Year?
I strongly agree with what you say. The problem is he had bad examples to follow and perhaps he didn't have the expertise and only followed the advise of others to make some money using his (former) popularity, probably for a share of the profits. So, maybe he was the first to be scammed by people specialized in this kind of scam tokens. I'm just speculating here without knowing more either way...
You're right when you say he followed bad example. He's been arrested in the past for drug trafficking, so I think his foundation has been flawed. Since he was a no-coiner before this, he could have sought professional help and leverage on a very solid business idea while creating his own token. However I think he has more criminally minded people around him, hence it'll be difficult for them to come up with a creative and unique business/crypto model that doesn't involve rugpulling people
Too bad for his wonderful career. But he came before they made an enormous amount of money from that activity and everything around it (marketing).
Nothing in this world is cheap, everything has some value. We sometimes don't evaluate things correctly and we have to pay for it later. Moreover, we don't plan properly and spend time when we go to work, and we want to own everything overnight. As a result, we ourselves are heading towards failure. We must plan properly before doing any work, and planned hard work brings good luck.
Yes, you're right. The evaluation part is true. The things we overlook in planning or bringing ideas to life comes with several consequences as well.
@tipu curate
Upvoted 👌 (Mana: 35/65) Liquid rewards.
Thanks a million
I agree with you. There are plenty of ways to generate funds if you are a public figure. It sucks to be scammed, but it happens. I think that there were plenty of ways, but I don't know if him tying in crypto to things would have been a good thing. It's fine if it has utility, but I have seen quite a bit of resistance against anyone popping memecoins.
As a celebrity, there are many ways to raise funds especially for business. Just randomly creating a coin is just ridiculous. I don't know why they can't come with creative ways to build business it's just so disappointing.
Definitely! It would've been an ingenious plan to build a fortune through the network effects that he created during his football era. Doing it that way could also create a more positive blueprint for other celebs entering the space to follow. But alas, taking the lazy, easy shortcut has become the norm now which is never worthwhile from both an effort and money perspective.
I really don't understand why they choose the memecoin route. They could have created a business venture around their coin and given it a use case, it could have been a win-win even if crypto was the main goal. Rather you just launched a meme and asked people to buy it.
Ronaldinho and Thierry Henry made me love football, it is so sad he ruined his career... And I don't think a brand will help him now because his name is already soiled if it is someone like c.ronaldo, whatever he do, he will make money from it.
Let us hope he doesn't rugpull his own coin after getting people to invest in it, because if he does, honestly it would shatter his image more. I don't think he has good advisers around him.
I think Ronaldo is even wiser than launching a meme coin.
He is not the first to do that, and he won't be the last. Our Nigerian celebrities did it, and even a country joined the trend. Did you hear about the Libra coin?
Most Nigerian celebrities are criminals on a normal day. Look at brainjotter launching a scam coin and pulling liquidity after owning several mansion all over the country. I don't know about Libra but I know of the Davido coin as well. I think by the time people wises up, no one will buy celebrity crypto again
libra is the coin that Argentina's president posted the Ca on his social ACC...
I don't even think anyone should fall for this celebrity coin scam anymore, crypto isn't something that a celebrity can push, people who rush it and bought huge amount did it to get lucky by dumping on those who will buy after them.