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Wednesday, June 27, 2007

Questions that you want answered

Some of the questions that you would be asking me are list here,have a look:

1. What is DXInOne and the E-Currency Business?
2. What is the best way to learn this business?
3. Why would businesses want to use E-Currency instead of other payment systems?
4. How do I Start my E-Currency Business?
5. Can I Lose Money?
6. How Do I Best Manage My DXPortfolio?
7. How Do I Know What Digots To Purchase?
8. What Fees are associated with trading within the DXInOne system?
9. What are the differences between a Spend and DXDirect payments?
10. How is DXDA calculated?
11. What is the OADXD Activation Fee, and what is it calculated on?
12. I just paid my OA fees. Why didn't my OA fee balance go back to $0?
13. What should I do if I can't pay my OA fees from my Incoming Balance and have to stay on Standard OA?
14. How can I OutXchange funds from my DX G2 Portfolio?
15. How Do I Repay DXDW?
16. How Do I Purchase Digots?

What is DXInOne and the E-Currency Business?
This business, you are investing in digots, which are actually shares of currency exchange companies from around the world. By doing this, you are providing liquidity for e-currency exchanges to take place in the online marketplace. Similar to a bank account, your funds remain in your account even though they are being used. Not only can you earn 1.5 - 4% a week on your funds, but the daily compounding will allow your portfolio to grow substantially in a very short period of time. It's actually possible to double your initial investment in 30-50 days and will continue to see growth each month thereafter. Exactly how much you can make depends on how much you put into the system, time and money, and how good your digot picks are for each session.
I would suggest only putting in a few hundred dollars of your own money to start your portfolio, and let the system work for you, generating you more money. It will take you a little longer to get your portfolio up in value, but slow and stead wins the race! This is a great business to get into now because e-currencies are just starting to take off now.
What is the best way to learn this business?
The best way to learn any business is to read as much as you can about it, until you're comfortable with it. This blog is a great resource to learn all about DXInOne and the e-currency exchange business but there is a lot to learn.
I understand blogs and e-books are not for everyone, so if you decide to purchase a full-support course instead, I would recommend you get my E-Currency manual called E-Currency Exposed! This is the only full course that has all the new DXInOne information available today. Until the other courses out there update their information, this is the only one I will be recommending to folks.
There are other courses available, but you must know this, that the E-Currency Exposed! manual was completely rewritten in 2007 and has all the latest DXInOne rules and procedures for managing your accounts and making the most out of this opportunity to help increase your profits.
Whether you use a free website and forum or e-book, you have so many options available to make the best out of this business. The rest is up to you.

Why would businesses want to use E-Currency instead of other payment systems?

More and more businesses will use e-currencies for several reasons:
1. Security - To this day, many people don't like giving their credit card information over the internet. And with so many credit cards databases being compromised lately, I can see why.

2. Price - E-currencies are cheaper for the business than credit cards. As you should know, credit cards charge businesses a certain percentage to accept payments with their cards. E-currencies charge a much, much lower rate than standard credit card companies.

3. Speed - e-currencies process instantly, not like many credit cards. This is also why many people used PayPal, e-gold and StormPay because payments are immediate. Many transactions that involve credit cards, require you to wait until your information is verifies. With e-currencies, you are already verified, so there is no waiting.

4. No Charge Backs - Businesses doesn't have to worry about a charge back disputes with an e-currency. Once a transaction is complete with an e-currency, the transaction is complete. Businesses don’t have to deal with customers reversing the charges. Good companies still offer guarantees and warrantees, but they don’t have to deal with all the games bad customers use to try to beat the system.

5. Truly Global Acceptance – Many countries do not accept credit cards for payment. Many times if you want to order something from a foreign country, you need to wire funds. This is very expensive and requires you to setup bank accounts to perform these transactions and it can be very time consuming and problematic. If your funds don’t get there, you need to do wire traces. These take up to 30 days. E-currencies are immediate. Nothing gets lost and you get the product or service you purchased without waiting.

6. Flexibility – There are literally hundreds of e-currencies and they continue to grow all the time. The more ways a company gives customers to pay for their products or services, the more a business will generate in income, therefore increasing profits.
There are many more benefits as well, but you should get a good understanding of why e-currencies are such an attractive option for businesses that conduct their offerings online.

How do I Start my E-Currency Business?

Very simple! Basically you open up a DXInOne account first. Then you open an e-currency account. This allows you to convert your money into e-currency. Then you open an account at a Digital Gold Currency Exchange Provider to perform the actual conversion and deposit the e-currency into your e-currency account. Lastly, you start buying digots, and watch your portfolio grow.

Can I Lose Money?

As with any investment, it would be possible to lose money. The DXInOne Company has been around for 5 years now and e-currency is just starting to be universally accepted from online merchants around the world. This is a great time to get into this business, because the demand is high and it's only going to get bigger.
The way you build your portfolio, is to purchase digots (digital currency). These digot go up or down during each trading session. Each trading session is approximately 23 hours long. If you chose digots that went up in value from the previous session, you made money on those digots. If you chose digots that went down in value, you lost money on those digots. The fact is, most digots increase in value. As with any kind of investment, the stock market included, is to diversify your portfolio. When you are diversified, the winners will greatly outweigh the losers. You will make money in this system and depending on how your digots perform; you can make some very nice returns. You also see how you're doing every 24 hours, so you know exactly what your portfolio is worth and how it performed the previous session. You have total control over your accounts.

How Do I Best Manage My DXPortfolio?

Starting around July 9, 2005, DXInOne started implementing some new rules to help manage the disproportionate TDVs from DXDUs from peoples DXPortfolios. Since some of the rules have changed, you should read through My DXPortfolio post to see the strategies DXInOne suggests for managing your portfolios. This is literally from their help section off their website to make it easier for folks.

How Do I Know What Digots To Purchase?

It depends on who you ask. Some people buy for different reasons. For example, digots split just like stocks do if they get too high in price. A digot will usually think about splitting in the mid to high teens. Many people buy higher priced digots, so after splits, they will have more digots in their portfolio. Others, like myself, go in the opposite direction. I like to buy lower priced digots, with low premiums, to keep my fees down, and I can purchase a larger quantity of digots. Whatever works for you?

What Fees are associated with trading within the DXInOne system?

As with any stock-like transaction and digots are similar to stocks, there are fees involved. There are two fees when purchasing digots; a Buyers Fee and a Premium Fee. These fees together get added to you accounts Credit Line. A Credit Line is kind of like a loan, except you don't have to pay this back. However, the amount of money in your Credit Line (CL) figures into how much DXG (DXGold) you'll be able to invest in the next day’s session. I have never heard of a good reason to pay this CL down, but you can if you like. Depending on your account value, sometimes it's worth paying it down to get more DXG Available for the next session and sometimes it just isn't worth it.

What are the differences between a Spend and DXDirect payments?

Both a Spend and DXDirect payments originate from the senders Available Balance (AB) and got to the Recipients Available Balance and both of these transactions have the same transfer fees associated with them. The only difference is that a Spend immediately goes into the AB of the recipient and no other steps are necessary to complete the transaction. A DXDirect payment must be "claimed" by the recipient and then "released" by the sender. A DXDirect would be something you would use for purchasing something from someone you didn't know, or trust. A Spend would be used for sending funds to someone you trusted and wanted to just send money from your account to theirs.

How is DXDA calculated?

DXDA is calculated on the following formula:

DXDebit Available = (%Qualified * TDV) – CL - DXDU

Monthly OA fee is based on the amount of DXDebit you've used and the size of your TDV. Your Incoming Balance (IB) is the only balance where your fee is discounted. DX encourages us to pay our OA fee from IB.

What is the OADXD Activation Fee, and what is it calculated on?

If you pay from your Incoming Balance (IB):
OA fee = TDV - DXDU x 2.75%
OADXD fee = DXDU x 3.75%

If you pay from a Standard Source (Avail Balance, RB, DXDA):
OA fee = 3.75% x TDV + 4% x DXDU

I just paid my OA fees. Why didn't my OA fee balance go back to $0?

Your OA balance does not go back to 0 because as your port grows, so do your gains. DXInOne has this in place so your profits don’t go through the roof. They keep a tight balance between your OA and TDV gains.

What should I do if I can't pay my OA fees from my Incoming Balance and have to stay on Standard OA?

1. Withdraw all Available DXDebit to your DXAccount Available Balance. Go to Personal -> DXPortfolios -> DXDebit -> Withdraw DXDebit and withdraw all of your DXDebit Available to your DXAccount Available Balance.

If you have more than one DXPortfolio, then repeat this step for each of them.

2. Make sure your OA fees are set to NOT come out of your Available Balance. Go to Personal -> DXPortfolio -> Activation Status. Click on the "Settings" link on your DXPortfolio.

Scroll down to where you see the OA Fee Payment Options 1 through 5. Set the first to "Available Reserve Balance" and all the rest to "Disabled" - this will ensure that your Available Balance will not be touched by your DXPortfolio.

If your OA fee cannot be paid then your DXPortfolio will go out of OA and will not gain DXDebit. It will NOT affect your OutXchanges or your DXAccount Available Balance.

3. Wait for things to change. If you want to list those funds in OutXchanges you can, but you don't have to. You could instead use them in adsXposed to make money in the meantime.
Do these steps look familiar? They are the same steps that you follow to "get out" of DXInOne. The only difference is that you are not looking to abandon DXInOne. However, in order to keep your DXPortfolio in good standing you do need to pay the OA fee from the Incoming Balance.

With that in mind, these steps will put your DXPortfolio on "hold" until you can either bring in new funds or OutXchanges speed up (hopefully the latter).

How can I OutXchange funds from my DX G2 Portfolio?

1. Portfolio G2...DX Debit...Withdraw DX Debit
When you have multiple Ports/Accounts, you are presented with a screen where you can chose the FROM portfolio, and TO account. When you've done that the Portfolio you have chosen comes up.

2. From that portfolio, you can then choose which Digots you want to give up. Of course you must choose your worst performing digots. You can "tag" any digots you want, up to the amount of PF you have. It’s a good way to get rid of your badly performing digots.

3. After you done that, you finalize the withdrawal, and the PF will be moved to your account, and the digots you tagged will disappear.

4. Now you can OutXchange the PF from your Account to your External eService.

How Do I Repay DXDW?

1. Personal - DXPortfolioG2 - DXDebit - Withdrawal Details
2. Select Port
3. Click DXID
4. Select 'Drop Withdrawal' option or Second option (you choose which digots to drop from withdrawal).

How Do I Purchase Digots?
1. Personal - DXPortfolioG2 - Buy Digots - Digot Screen
2. Select your DXPortfolio, click NEXT
3. Choose a Continent (Tip: to avoid currency fluctuations, choose a continent in the same base currency as your port. For example, North America for USD port).
4. Select ALL DIGOT SYMBOLS at bottom of page. Click NEXT or Continue to go to Digot Screen.
5. Simply insert the quantity of a digot you wish to buy in the QTY column and then click the '0's in the adjacent Total Buy column. This will give you your costs for buying that quantity of a digot symbol.
6. After you've bought your digots, scroll to the bottom of page and click on PREVIEW to view your purchase. Go back and buy some more if you still have RB funds remaining and/or cut back on quantity if you've exceeded your RB budget.
7. If satisfied with PREVIEW, click on BUY NOW.
8. You can now go to Port Summary to view your digot holdings.

Tip: Digot Buy Strategy to maximize gains: LOW PRICE (.20 or lower) LOW PREMIUM%(premium x price/100) HIGH ACTIVITY (click bottom arrow under ACTIVITY to isolate the top 5 to 10 digots with high activity. Filter through criteria and buy qualifiers).

Monday, June 25, 2007

Choosing Digots to Purchase

Hi, you have to know the kind of digots to purchase, so if you are ready, lets continue,


Below are the exact steps I use to work within the DXSynergy/DXInOne DXPortfolio system and it's working well at the moment.

Here we go, step-by-step:

NOTE: When you see terms with an arrow between them that means to click on the menu item name and then traverse the sub-menus. For example if you see this:
Personal -> DXProfile -> Summary
that means click on the Personal menu item at the top of the page, then drag your mouse down to DXProfile and then drag your mouse down and over to Summary and then click your mouse button to select this choice.

First, transfer your e-currency from one of your e-currency accounts (e-Gold, AlertPay, NetPay, etc.) (Though I would prefer E-gold as they are safe, convenient and easy to fund) to your DXSynergy account. For the remainder of this example, I will use e-gold as the form of e-currency.

1. Log into your DXSynergy/DXInOne Account
2. Take a quick look at your DXSummary:
Personal -> DXSummary
These are your current balances. At this point, everything should be $0.00.

3. Transfer money from your e-gold account to your DXSynergy/DXInOne Accounts Incoming Balance:
Personal -> DXAccounts -> InXchanges -> E-Service
In the following screen you will see lots of e-currency choices in the "Choose An E-Service To InXchange From" section. For this example we will click on the E-Gold (Gold) choice. Click the button so it is on and click NEXT at the bottom of the screen.

In the "Choose An External Account To InXchange From" section you should only have one e-gold account at this point, so click the circle on the right to select it.

Next in the "Choose A DXAccount To InXchange To" section, select your main DXSynergy/DXInOne DXAccount.

Last, in the "Enter InXchange Currency & Amount" section, Choose USD as the InXchange Currency and type in the amount of money you want to InXchange from your e-gold account and click Preview InXchange.

The next page summarizes your choice. When you're ready, click on the InXchange Now button at the bottom. You may Edit InXchange if you want to change something.

If you chose InXchange Now you will be connected to your e-gold login page. Log into your account to finalize the transfer. Once completed, you will be directed back to your DXSynergy/DXInOne account.

4. Next you must transfer the money you just added to your Incoming Balance to your Reserve Balance:
Personal -> DXPortfolios -> Reserve Balance -> From DXAccount
Select the "Choose A DXAccount To Transfer From" and the "Choose A DXPortfolio To Transfer To". In the Transfer Currency field at the bottom of the page, choose DXG as the currency. In the Transfer amount, enter your Incoming Balance total and click Preview Transfer. On the next screen, confirm your choice and click "Transfer Now!" button.

5. Now you're ready to Buy digots:
Personal -> DXPortfolios -> Buy & Sell Digots -> DigotScreen
Select the DXAccount you want to use (you only have 1), and click Next

DXSynergy - Choosing Digots to Purchase
Section E - Choosing Digots to Purchase
Now this is where you will hear lots of different ways to pick digots, which ones to buy, how much to spend, etc. I am giving you my advice on how I choose digots for the lowest price and premiums and best performance. You can do as I do, or check the forums to see if you like someone else's strategy better. E-books are a very good resource for multiple strategies at different stages in managing your DXPortfolio.
Here's what I do:


Since I'm only buying USD digots in my USD DXAccount, I first click on the North America Continent, or choose North America from the Continent menu pick.

Next, I choose United States of America in the Country menu pick and then click View DigotScreen. Don't touch the values that are pre-filled in for you.

On the next screen you will see all the US digots available for purchase. I sort these by Price by clicking the little up-arrow on the Price column. Now my digot choices have the cheapest ones at the top of the list.

The next thing to look at is the "Premium" column. This is the percentage you will pay per digot when making your purchases. The higher the premium, the more money it will cost you to buy. I always purchase the lower priced digots with the lower Premiums. This saves money on purchasing fees.

I do not recommend Spreading your purchases with the Spread Amount choice on the page. It's your choice.

See how much money you have in the Reserve Balance at the top of the page. That's how much money you have to purchase digots with. Start typing in the number of digots you want to purchase for each e-currency. Once you click to the next field, you will see in how much these purchases will cost. Keep typing in numbers until you spend most of your Reserve Balance. If you lose track, then just click the Preview button at the bottom to see how much money you've used up so far with the choices you're making.

Keep an eye on the "Payable From Credit Line" each time you click Preview. This is the total of your Premium and "Total Buyers Fee". This is how much you transaction fees will be. This value gets added to your Credit Line. Your Credit Line does not have to be paid back, but it does figure into how much DXG your will be able to use for the next session.

When you're happy with your digot choices, click the Buy Now button and you're done. You have just purchased digots for your first e-currency trading session!



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Creating Your DXSynergy DXPortfolio and Trading information

Hi, lets continue now,

DXSynergy - Creating Your DXSynergy DXPortfolio
Part C - Creating Your DXSynergy DXPortfolio


At this point you should have just finished creating your DXAccount I hope? OK. Now you need to create your DXPortfolio. Your DXPortfolio is where you will do all your trading from.

In the previous post I told you that you would be purchasing things called "digots". You make your digot selection from within your DXPortfolio. Remember, you will select digots from certain countries, cities or states. For example USD, EUR, AUD and many others.

So now you need to create your DXPortfolio in the same currency as the DXAccount you just created.

So, for the following example we will be creating a USD backed DXPortfolio:

1. Log into your DXSynergy account with the username and password you chose when you registered.
2. Click on the following menus to create a new DXAccount:

Personal -> DXPortfolio -> Create/New

3. In the "DXPortfolio Currency" field, choose the currency you want to use as your primary currency. For this USD example, you would choose the "USD - US Dollar". Also notice your Currency choices are limited to those DXAccounts you currently have created. Once you made your choice, click the "Continue" button to move to the next screen.

4. In this screen you need to select the "DXPortfolio Creation Level" you will be starting at. This level is the amount of money you want to initially fund your DXPortfolio with from the DXAccount you will be using to back this portfolio. So, if you will be starting with $25, you would choose the "DigotStandard" DXPortfolio Level. If you're starting with $50, you would choose "DigotProfessional 1". You get the point, I'm sure? (regarding the start up amount, I would rather you started with $200 or above, for faster growth returns)
(If you want a reliable e-gold exchanger, whom I also fund my e-gold though, go to www.goldnairaexchange.com)

5. Next, in the "Select A DXAccount" section towards the bottom of the page, select the DXAccount you want to connect to this DXPortfolio and use as it's primary funding source.

6. In the last section type in the name you would like to use for your DXPortfolio in the "DXPortfolio Name" box provided. For example, "Emma’s USD DXPortfolio". When you're done, click on the "Create Now!" button to create your DXPortfolio.


That's it! Congratulations! You've just created your first DXPortfolio.

DXSynergy - Trading Facts You Must Know

There is so much to learn when it comes to trading within the DXSynergy system.


If you want my suggestion on buying and selling digots, please read on:

I do not have a Merchant Account (console) because I'm not ready to make that commitment. As of writing this, there are also no Merchant accounts available. These accounts are based on supply and demand. There needs to be a fine balance between the two, so the system can thrive.


IMPORTANT FACT 1: When you create a DXAccount in DXSynergy, make sure you create your DXPortfolio in the same currency. Always try and purchase the same digot symbols as your DXPortfolios base currency to avoid any currency exchange fees.

IMPORTANT FACT 2: If you want to mix up digot destination purchases in one DXPortfolio, create your DXAccount and DXPortfolio in the DXG base currency. This will help save on any currency exchange fees as well.

That being said, I personally do not want a DXMerchant account at this time because it requires a lot more hands-on attention that a DXPortfolio account. You must log into your console at least 3 to 4 times per day, to process transactions. You also have to tie up your funds to process these requests. Also, some people involved in transactions don't follow through in a timely manner, causing your transaction to be in the “pipeline” until the deal is done. The rewards are higher with commissions and bonuses, but there are headaches. With the Portfolio side, all we care about is buying digot and getting our TDV (Total Digot Value) to grow. I like the Portfolio side, or don’t you?

Ok. Back to the Portfolio side.

The new DXSynergy system was just recently updated in May 2005. You will notice many sites and programs out there are out of date. Many forums may be current but the information on the site about how to do things, still reference the old system. The information on this blog to the best of my knowledge is current and relates to the new DXSynergy (formerly DXInOne) system.

If this post has been useful to you, I would like to read your comments on the shoutmix corner and tell your friends (and enemies) as well about this blog.

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Monday, June 11, 2007

Creating E-currency Accounts


Hi Friend,
Here’s the next part of making dollars online with e-currency trading. We shall be talking about the account information of the DXSynergy accounts so you can understand what they entail so you can trade successfully online.
But today, we shall be talking about creating your DXSynergy DXAccount. So, if you are ready, I am, so let’s get the ball rolling…

DXSynergy - Opening your DXSynergy Accounts

Part A - Account Information

You need to understand at least the four (4) subsections of your DXInOne Account. If you're just starting out, you do not need to understand the DXMerchant in section 4. It will take you many months to reach this level:


1. DXProfile:

The DXProfile section is where your personal and account information is kept. You can make changes to your personal information here.

Information such as:

1. Passwords

2. Email Address

3. Uploaded documents to verify your identity

4. Mailing Address

5. And a few other personal settings


2. DXAccount:

Now that you have your DXSynergy and E-currency exchange accounts created, and verified, it's time to get busy. If you haven’t already done so, please log into your DXSynergy account. You need to know the following sections to begin:


Your DXAccount is the key part of your DXInone business. It is where you conduct all your e-currency trading, buying and selling of digots (digital shares), Inxchanging and Outxchanging of funds.
The balances found within your DXAccount are:

1. Available Balance

2. Pending Balance (uncleared funds)

3. Incoming Balance

4. Total Balance

From within your DXAccount you can:

1. OutXchange your funds (take money out of the system)

2. Send funds via Dxdirect

3. Pay your OA fees

4. Transfer funds to another Dxinone user

When you InXchange funds they are placed in your Incoming Balance. When you want to OutXchange funds back to e-service bank, they need to be in Available Balance, hope you are following? OK.


3. DXPortfolio:

Your DXPortfolio is the main part of your Dxinone business from day 1. It is what you use to create income for yourself to build up your Portfolio and run your DXSynergy business.

The important balances and entries of your DXPortfolio are:
1. TDV (Total Digot Value), your overall value of your portfolio

2. Reserve Balance (how much money you have to buy digots with)

3. DXDebit (Total, Used & Available)

4. CL (Credit Line), where Admin, Premium and Broker fees are charged.

5. Additional balances and information

You may only purchase digots from your Reserve Balance (RB). That means after each daily session of trading, you could reinvest any EOS gains you received in your RB. Also when your DXDA balance gets big enough, transfer these funds to your DXAccount’s Available Balance (AB), and OutXchange these funds to your e-service(s). Once the OutXchange has been processed, you either InXchange the funds back to reinvest in the DX system, or spend your money as you wish (I know you like that!)

If you decide to InXchange funds back to continue growing your DX Portfolio, once your InXchange is complete, you will have funds in your Incoming Balance (IB). You must then transfer those funds back to your DXPortfolio’s Reserve Balance and continue purchasing digots. (NB This is how you build your portfolio to a considerable amount where you can now live off its continuous income!)

4. DXMerchant:

The DXMerchant side is where the actual exchanges take place. This is where you can earn bonuses for processing OutXchanges and Claims and more.

The balances found within your DXPortfolio are:

1. Float Balance (Available, Pending & Total)

2. Claim Bonus (Melt Bonus)

3. Claim Bonus (Melt Balance)

4. Claim Bonus (Instant)



From within DXMerchant you can:

1. Process OutXchanges

2. Process Claims

3. Receive InXchanges




Now let’s see how we can create our DXAccount in DXSynergy…

DXSynergy - Creating Your DXSynergy DXAccount


Part B - Creating Your DXSynergy DXAccount
At this point you should be registered as a DXUser but you haven't created any accounts or portfolios to start trading in. The first thing you need to do is create your DXAccount.

You now need to decide what currency you're going to be trading in. The way this business works, as you will soon learn, is to build up your portfolio by purchasing things called "digots". You will select digots from certain countries, cities or states. For example you can purchase USD (United States) digots, or EUR (European), AUD (Australian) and many others. If you purchase digots that are not in the same backing currency as your DXPortfolio, then you will be subject to paying small conversion fees. To be exempt form these conversion fees, just purchase the same digot currencies that your DXPortfolio is backed by.

So, for the following example we will be creating a USD backed DXAccount:

1. Log into your DXSynergy account with the username and password you chose when you registered.


2. Click on the following menus to create a new DXAccount:

Personal -> DXAccount -> Create/New

3. In the "DXAccount Name:" field, choose the name you want to use for your Account. For example "Bobs USD Account" and click the Create Account button.

4. In the "DXAccount Currency" field, choose the currency you want to use as your primary currency. For this USD example, you would choose the "USD - US Dollar"


That's it! Simple! You’ve just created your DXAccount.

In my next post, I will take you through the steps for creating your DXSynergy Portfolio, so stick around.
If this post has been useful to you, I would like to read your comments on the shoutmix corner.

Let's Meet at the Top!

Osawemwenze Emmanuel

08054229945

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