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“Funny how in a material world full of pundits and economists obsessed with assets and liabilities -personally, economically and globally – few speak about the greatest of all these…YOU.”
― Rasheed Ogunlaru
Human capital has brought about the catch up of the East with the West, which has ultimately resulted in an improvement in world inequality. I mean, look at the growth models of East Asian Miracle Economies, the key driver of miraculous growth is Human Capital. But there is another aspect to it. While human capital is a widely used factor of production these days, they often tend to ignore the talent part of a particular individual.
Let’s imagine a situation. You are an amazing singer with born talent. You believe if you get the proper guidance and training, you can polish yourself and can achieve great heights…Maybe the next generation Arijit Singh or Atif Aslam or Taylor Swift for that matter. But there is a constraint. You do not have the required resources and the money to get that proper training. If I tell you that you just need to prove me that you sing well and I will give you the required money or even more than required money.. How does that sound? Sounds too good to be true.. Right. Well, that is the truth established by development of cryptocurrencies and Blockchains Technology. Not just singing, but anything that requires creativity and innovation; that is a resultant of talent can be leveraged to get benefits in present on the basis of future worth.
SelfSell- An out of the box ICO came in 2017 actually does this. It works on the theory of Rational Expectations. You are expected to be successful in future because of your talent, therefore, people invest in you in present, generating resources to make you successful in future which enhances your probabilities of success. It encourages appreciation of creativity and human value and takes the essence of investment closer to the fundamental – People. People are the ultimate creator of value for any business or any product in the world and SelfSell enables investors to invest in direct creator of the value. Investees can access more resources at the present stage in order to maximize future potential. As said by Yuan Li- Creator of SelfSell, “Investors can pick the individuals to support them based on their genuine appreciation of individual skills and development – who knows, you are probably investing in the next Mark Zuckerburg or Emma Watson.”
Vowed to become the NASDAQ of personal IPO of individual human capital, SelfSell is storming for a revolution to human value. It is crafting a new way of investment, a new ecosystem, and a new era on a global scale. After all, as Ifeanyi Enoch Onuoha quoted,
“Some people today are wandering generalities instead of meaningful specifics because they have failed to discover and mine the wealth of potentials in them.”