fbpx
Connect with us

Business

TripleOne, The “Decentralized” Business Owned By Everyone In The World!

Published

on

James William Awad started programming at the age of 11. His main goal initially was just to create video games. He finished developing his first game with his cousin at the age of 12. After finishing the game, they didn’t know how to market or sell it, so they scratched the project.

At the age of 14, James created an account online in order to work as a freelance developer. He was forced to lie about his age to increase his credibility as no one would want to work with a 14 year old. He told potential clients that he was 28 years old.

His first real project was for a bank in Mexico. He was tasked with fixing and creating features for a user management system. Luckily, they never asked to speak on the phone with him, as they easily could have guessed his age.

James ended up making a couple thousand bucks while working on multiple projects. He took all this money to buy C++ coding books and pay his parents mortgage for the year.

At the age of 15, James got serious about playing video games. He found a trick in an online game by generating coins. James then sold the coins to a company in China. That company would then sell them to players all around the world.

He ended up making a lot of money through this venture. Until eventually, they fixed the bug and he couldn’t do it anymore. He even lost his bank account because the bank couldn’t understand how he was making that much money at such a young age.

Soon after, James thought it would be a good idea to start an online clothing brand with a girl he had met while selling coins to the company in China.

She started looking for manufacturers while James built the website. She found many manufacturers but they had a big issue. The manufacturers were giving them excel files with thousands of products. Most manufacturers were using different formats. James had to find a way to import all these products. So he created a smart bot that would guess the format and upload all the products into their database.

Their store ended up having more than 200,000 products. And they didn’t need a warehouse for the inventory as the manufacturers agreed to ship one product at a time. Not long after, it was a success.

James is now working on a company called TripleOne. It is a decentralized company where users around the world work together to build and manage it. Each member has proprietary ownership of the company, and TripleOne allocates awards to users based on their level of participation.

James is currently working developing the concept while making sure its initial companies are running and growing. The initial companies will allow them to test the concept once it’s online. TripleOne currently owns 13 companies that are currently operational.

James says that one day users of TripleOne will manage and operate e-commerce, real estate, and other businesses as a decentralized team. Each member will be paid out on a monthly basis based on the value brought to the table. Value such as coming up with business ideas, and fulfilling related work that comes with any business venture.

The idea behind TripleOne is completely revolutionary. If successful, there is a possibility that it will change the way businesses operate all together. It is still in the development phase, but you can follow the project on Instagram at their handle @tripleone. You can also follow James on Instagram at his handle @senior.

Nicolas Bueno is a Columnist at Disrupt Magazine. Nicolas Bueno is also the Content Manager at HighKey Agency. With a background in public relations and his passion for business, he now shares exciting stories of entrepreneurs and how they’re succeeding in their fields!

Become A Crypto Expert

Categories

Recent Stories

Trending


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.