In a recent survey conducted by Flourish, an early-stage global fintech venture capital firm, it revealed that many startup founders in Africa see their investors as a source of stress rather than support, despite the crucial financial resources and strategic insights they provide.
The survey titled “Passion and Perseverance; Voices From The African Founder Journey”, received responses from more than 160 startup founders across 13 African countries and more than a dozen interviews, to deliver the first-ever, wide-scale research on the founder’s well-being journey in Africa.
The survey spotlighted founder voices, shining light on the experiences of early-stage entrepreneurs across the continent. While investors provide important financial resources and strategic insight, founders struggle to manage investor expectations and pressures. The challenges of managing investor expectations and pressures often create barriers to open communication. Shockingly, fewer than 2 in 10 founders feel completely comfortable having honest conversations with their investors.
“When choosing investors, make sure to ask: Will they put the founder or the business first? The right answer is always the founder because a dedicated founder prioritizes the business above all. Great investors believe in the person behind the business model, not just the model itself”. Rose Goslinga, Co-founder & President of Pula.
Shockingly, only 1 in 10 believe their investors genuinely care about their wellbeing. Only 11% are sure their investors care, 48% believe investors somewhat care while 41% feel investors either don’t care at all or only show concern when financial returns are at stake.
Founders are advocating for a more supportive and constructive approach from investors. They want investors to:
Build authentic relationships by getting to know them as individuals.
Avoid imposing unrealistic demands.
Maintain transparency in funding decisions and timelines.
Furthermore, founders need more than just financial backing from their investors. They are seeking a comprehensive support system, including co-founder coaching, wellbeing resources, and leadership training. These tools are key to building resilience, fostering learning, and strengthening community connections for entrepreneurs to thrive on their startup journeys.
“The question is, what role should investors play in helping founders build resilience? Access to tools like coaching and training can significantly enhance founders’ ability to navigate startup challenges”, Emmanuel Adegboye Head Investor, Madica. This approach is especially crucial in Africa, where startups often serve as engines of innovation and economic growth.
Startups in Africa are not just businesses, they are catalysts for innovation, job creation, and economic transformation. By fostering a supportive and collaborative relationship, investors can empower African founders to build sustainable businesses that drive transformative change across the continent. Notably, a more supportive investor-founder relationship benefits not just the startups but the broader African economy.
Cryptocurrencies have gained lots of traction over the past decade, becoming globally used payment methods. Retail shops, online stores, and entertainment hubs all accept Bitcoin, Litecoin, Ethereum, and other cryptocurrencies. Stablecoins like Tether also attract those seeking FIAT-tied digital currencies with lower volatility.
Although crypto is recognized and used by millions of people, the option is a few years from replacing conventional FIATs that dominate the FOREX market. Many coins have disappeared and the volatility of leading cryptos like Bitcoin is still an issue. However, some have shown stability and are the go-to option when such currencies overtake FIAT. Here’s a look at three:
Bitcoin (BTC)
As the pioneer that never fades, Bitcoin is the leading cryptocurrency and most recognized worldwide. Bitcoin is used by millions of people across various sectors, including on betting sites that accept crypto payments, education centers, and online marketplaces. It is a popular choice for placing wagers on football, basketball, baseball, hockey, soccer, eSports, virtual sports, and more. Customers also use Bitcoin payments to pay for digital products and tangible goods and services. The coin has proven its worth for more than a decade and continues to solidify its position as digital gold, driven by its limited supply of 21 million coins, which ensures scarcity.
The coin provides a hedge against FIAT currency devaluation during inflation and global economic uncertainties. Bitcoin also boasts robust cryptographic security that makes it a strong store of value. It remains the most traded crypto, with the best liquidity and market capitalization, and analysts predict its value will continue to grow. The existing infrastructure also allows BTC to enjoy faster processing times and large transactions. More countries are adopting cryptocurrencies, and Bitcoin leads the pack in each jurisdiction. Countries like El Salvador and the Central African Republic have already adopted it as legal tender and global businesses also accept BTC in their trades.
Ethereum (ETH)
Since its introduction, Ethereum has cemented a second place in the crypto market capitalization. People almost always mention Ethereum within the context of Bitcoin or vice versa, which shows its prevalence in the financial markets. Transitioning to Ethereum 2.0 also made the cryptocurrency more scalable. Ethereum is more than just a currency. The infrastructure powers decentralized applications with its smart contracts capabilities and is also the technology behind non-fungible tokens and decentralized finance projects. Ethereum has found its place as the crypto behind the blockchain ecosystem and offers a platform for innovation in various projects.
By powering blockchain, Ethereum offers a platform for developing decentralized applications used in many industries, ranging from gaming to finance and education. Ethereum 2.0, which focuses on Proof of Stake (PoS) rather than Proof of Work (PoW), also cut down the blockchain’s energy consumption by more than 99%. This achievement enables Ethereum to handle more transactions and charge lower fees while addressing the most significant criticisms of blockchain. Like Bitcoin, Ethereum is recognized globally and has a decent market share compared to the other cryptocurrencies. Its value has also risen, though gradually, and is expected to keep growing as Bitcoin nears its 21 million cap.
Cardano (ADA)
While not as recognized as Bitcoin and Ethereum, Cardano is the next coin with a near realistic chance of replacing FIAT. Its layered architecture separates computation and settlement, providing a more secure and scalable design that can handle increasing transaction volumes at the same efficiency. Cardano’s focus remains scalability, sustainability, and security, which are integral for large-scale and long-term global use. The cryptocurrency is still in development for full-scale adoption as its architecture is built on rigorous steps involving academic research, peer-reviewed development, and methodical approaches. This gives the crypto a robust and sustainable technology that supports interoperability. The coin has seen some traction among emerging markets, academic sectors, decentralized applications, and long-term investors.
Apart from functioning as a currency, Cardano offers a blockchain system that allows developments across various industries. The crypto introduced Cardano Hydra, a layer 2 scaling solution that allows thousands of transactions to be processed per second. This update offers near-instant transactions and minimal fees, making it more scalable and sustainable for enterprise-level applications. Cardano also offers a platform for resolving real-world challenges in supply chain management, education, healthcare, and other sectors. Some governments and organizations have already partnered with Cardano to provide blockchain-based solutions for monitoring supply chains, tracking goods, managing identity systems, and verifying education and certification credentials.
The Future of Crypto as Global Currencies
Many other cryptocurrencies, including Solana (SOL), XRP (Ripple), and USD Coin (USDC), are contenders for aiding the transition from traditional paper currencies. Options like USDC are pegged to the dollar value, giving them more stability while providing the benefits of a blockchain ecosystem. The success of cryptocurrencies as future currencies hinges on various factors, from scalability and regulation to mainstream adoption.
Bitcoin and Ethereum are the two obvious candidates for crypto, while USDC offers a reliable stablecoin immune to volatility. All are decentralized alternatives to FIAT. Some nations are already exploring central bank digital currencies, highlighting the imminent shift toward cryptocurrencies. As blockchain and other technologies evolve, cryptocurrencies will transform into global modes of exchange, besides serving many other purposes impossible with FIAT.
The cryptocurrency market offers many chances since investors are looking for the next great item to pay off handsomely. Though Shiba Inu and Pepe Coin are making news, Rexas Finance (RXS) will soon show the most promise for a 15,000% profit. Here’s why Rexas Finance is set to create billionaire investors and surpass rivals.
Shiba Inu: Losing Momentum?
Often dubbed the “Dogecoin killer,” Shiba Inu gained recognition for its massive community and meme-driven approach. But over the past year, the token’s enthusiasm has waned since its ecosystem expansion has yet to produce appreciable pricing movement. Although SHIB’s most recent initiatives to provide a metaverse project and Shibarium Layer-2 solution are admirable, investor gains have yet to materialize. For those looking for explosive gains, SHIB is a high-risk choice mainly due to its massive supply and overreliance on hype. Particularly with younger, more utility-driven tokens like Rexas Finance taking the front stage, it is unlikely to provide the 15,000% profit investors dream of.
Pepe Coin (PEPE): A Short-Lived Phenomenon?
Pepe Coin gained popularity as another joke coin influenced by internet culture. However, like most joke currencies, PEPE has struggled to maintain its early traction. Its absence of a defined path or utility has led investors to question its long-term viability. Although some traders might still profit from PEPE’s erratic price movements, the token’s longevity and capacity to provide large returns seem dubious. PEPE might soon become less important without significant innovation or ecosystem development, leaving Rexas Finance to take the front stage.
Rexas Finance (RXS): A High-Growth Contender
Rexas Finance (RXS) is a utility-driven token with numerous real-world uses rather than only a speculative asset like SHIB and PEPE. Real estate tokenization, staking, and governance characteristics are among the decentralized finance (DeFi) solutions the RXS ecosystem emphasizes. These use cases place RXS at a significant advantage. Rexas Finance (RXS) distinguishes itself from other initiatives by emphasizing closing the distance between blockchain technologies and conventional real-world assets. Rexas lets anyone purchase, sell, and trade real estate (worth $379.7 trillion), gold ($121.2 trillion), and art ($65 billion yearly), therefore enabling anyone to do so with simplicity and security.
The program lets individuals hold fractional shares of valuable assets, thus creating investment prospects once only available to the privileged. Rexas Finance’s innovative platform empowers users to tokenize real-world assets by creating fractional ownership of physical objects, making high-value investments accessible beyond just wealthy individuals. Through its Rexas Launchpad, the platform also enables startups and innovators to raise funds rapidly, supporting new token launches with a user-friendly approach. Additionally, the Rexas QuickMint Bot simplifies token creation for non-technical users, allowing straightforward entry into the tokenization market on platforms like Telegram and Discord. For artists, Rexas’s AI Computer Generating Graphics NFT feature offers a seamless way to create and sell NFTs, leveraging AI to draft NFTs with minimal effort, thus expanding opportunities in the digital art space.
Furthermore, Rexas Finance (RXS) is creating waves for all the proper reasons. It sells more than 336.2 million tokens, and RXS has already raised over $26.5 million from its stage 10 presale at $0.15 per token. The substantial demand for RXS reveals its attraction among investors looking for exponential gains. One of RXS’s best successes is being included on two of the most reliable sites in the cryptocurrency market, CoinMarketCap and CoinGecko. This action promotes openness and accessibility, thereby boosting investor confidence in the project. Furthermore, top blockchain security company Certik thoroughly checks the cryptocurrency for security and dependability. Rexas Finance’s qualities will make it a coin that will soon show a 15,000% profit.
Conclusion
Although Shiba Inu and Pepe Coin have appeal, they need more development engines to provide near-term spectacular returns. Conversely, Rexas Finance (RXS) offers an unmatched investment possibility by combining modern technology, strong market performance, and general investor interest. When searching for a token with a 15,000% profit margin, Rexas Finance (RXS) is the one to watch. From presale to public trading, RXS is poised to transform the market and yield early investors life-changing profits. Don’t miss this fantastic chance.
For more information about Rexas Finance (RXS) visit the links below:
Nestled in Oyo State, Irawo Owode is a small town where resilience and community spirit define its heartbeat. Here, progress comes not from government intervention but from the collective efforts of its people, both within the town and in the diaspora. The indigenes contribute tirelessly to building the foundations of education, healthcare, and social infrastructure to nurture future generations and sustain their community.
However, these efforts often grapple with significant limitations, revealing the glaring gap between the town’s needs and the available resources. In this captivating report, our analyst, fresh from a field data collection mission in Irawo Owode, unveils how the community’s relentless drive for sustainable socio-economic development knows no boundaries. From every corner of the town, the spirit of collective action shines, showcasing the remarkable determination of its people to shape their future against all odds.
Building Education through Collective Hands
Education in Irawo Owode is a product of collective action. The town boasts three public primary schools, two public secondary schools, and two private schools. Despite these numbers, resources remain scarce. Community Grammar School, one of the town’s flagship institutions, symbolizes achievement and struggle. The school has a solar-powered computer laboratory but no proper examination hall, forcing the community to improvise by joining two blocks of classrooms. The existing hall remains dilapidated, a stark reminder of the challenges the town faces.
The inside of one of the classrooms converted into an examination hall at the Community Grammar School
Ansarudeen Basic School mirrors these struggles, with one of its four classroom blocks now collapsed. Private schools like Aloyfas International Primary School operate on leased land, while Easy to Understand School, established in 1992, functions without a perimeter fence. Both private and public schools share a common challenge—limited infrastructure to support growing enrolment and no clear prospects of external assistance. Despite these constraints, the indigenes remain undeterred.
Abandoned school bus at the Community Grammar School
Yearly Contributions: The Lifeline of Progress
The town’s progress is sustained through yearly contributions from its indigenes, with amounts ranging from ?1,000 to ?4,000, depending on gender. Women are expected to pay at least ?1,000. These funds, pooled collectively, have enabled the construction of classrooms, the provision of basic equipment, and incremental upgrades to infrastructure. Though small, these contributions reflect a profound sense of ownership and responsibility toward the town’s development.
Healthcare on Fragile Foundations
The healthcare landscape in Irawo Owode is a testament to both ingenuity and adversity. The town relies on six private primary health centres and two public ones, supplemented by the nearby General Hospitals in Ago-Are and Tede. One notable public healthcare facility is located near Community Grammar School and managed by the town’s development association. Staffed by a government worker and two casual employees paid by the community, the centre operates under dire conditions.
A store with several pieces of equipment considered sophisticated to operate by health workers at the Comprehensive Health Centre located in front of the Community Grammar School
Water, a basic necessity, is a daily struggle. Workers and patients must trek 2 to 3 kilometres to fetch water, further complicating healthcare delivery. Sophisticated equipment provided by the Federal Government lies unused, as the expertise required to operate them is unavailable. The health centre’s medical ambulances, parked securely at the palace of Oba Jubril Adetunji Adeleke, the Olowode of Irawo-Owode, tell a poignant tale of unfulfilled potential. Originally meant to serve the Comprehensive Public Health Center near Community Grammar School, they remain at the palace for security reasons—a stark reflection of the centre’s vulnerabilities, including the lack of a protective perimeter fence. These life-saving vehicles, meant to stand ready at the frontlines of care, now symbolize both the community’s resourcefulness and the pressing need for stronger infrastructure.
Despite these challenges, figures like Mr Alaka Ojo Adekunle, the Ward Development Committee Chair, ensure the centre’s operations continue. His dual role as a community leader and health worker exemplifies the spirit of sacrifice that keeps the town afloat.
Social Infrastructure: Balancing Growth and Decline
Social infrastructure in Irawo Owode serves as both a gathering point and a reflection of unmet needs. The community viewing centre, once a hub for recreational activities, now hosts socio-political events, signalling a shift in its role due to the town’s evolving priorities. Efforts to build a proper examination hall for the Muslim High School and fences for schools like Easy to Understand School and Nomadic Primary School remain incomplete, illustrating the community’s stretched resources.
Inside of the viewing centre.
The lack of stable electricity compounds these challenges. Although solar power has supported the community for the past four years, grid electricity remains a luxury, with only two days of stable supply in an entire year. This instability limits the effectiveness of initiatives like the solar-powered computer laboratory and the broader aspirations of the town.
A once-promising well, drilled to supply water to the Comprehensive Health Centre near Community Grammar School, now stands abandoned—a dry reminder of its failure to produce enough water to sustain the facility’s needs.
A Tale of Perseverance
The story of Irawo Owode is not one of despair but of enduring hope. It is a town where people unite to fill the void left by an absent state. Indigenes from near and far contribute their time and money to build schools, equip health centres, and provide essential services. Their efforts highlight the power of community-driven development but also underscore the pressing need for external support to match their ambitions.
The road ahead is fraught with challenges, from collapsed classrooms to underutilized healthcare facilities, yet Irawo Owode perseveres. Its people’s strong commitment offers a blueprint for resilience in the face of adversity, a story that echoes the timeless adage that when a community comes together, even the heaviest burdens can be lifted.
As the sun sets on this small town, it illuminates not just the struggles but also the boundless spirit of its people. Irawo Owode is more than a place; it is a testament to what can be achieved when ordinary people dare to dream and act together.
There is a lot of noise in the cryptocurrency market regarding Yeti Ouro (YETIO). It is being heralded as the best altcoin for 2024, leading to comparisons with Shiba Inu Coin (SHIB) and Bonk. But the question still looms: Can Yeti Ouro outshine these well-known tokens?
New Altcoin Sensation, Yeti Ouro
Yeti Ouro brings the virality of meme coins to the real world! Unlike many altcoins based on hype, Yeti Ouro is based on a gaming ecosystem. It is the driving force behind Yeti Go, a chaotic, action-packed play-to-earn racing game. With a solid use case in this entertaining game, Yeti Ouro differs from your average meme coin.
The project has a capped supply of 1 billion tokens to help ensure scarcity. Tokenomics includes staking rewards and a burning mechanism, which enables a deflationary model. Not only do these features create value, but they also attract long-term investors seeking sustainable returns.
The Yeti Go Advantage
Central to Yeti Ouro’s success is Yeti Go. Powered by Unreal Engine, this Play-to-Earn game offers top tier visuals and immersive gameplay. Players can be rewarded with Yeti Ouro tokens, establishing an ecosystem where the token has genuine utility.
What stands out with the game is its mix of head-to-head race competition and strategic gameplay. Dynamic maps, environmental hazards and power-ups keep things varied. These features make Yeti Go a game and a catalyst for Yeti Ouro’s adoption and growth.
Yeti Ouro Vs Shiba Inu Coin Comparison
Shiba Inu Coin drew interest as a “Dogecoin killer”. SHIB mostly survives based on its community and speculative trading. In addition to Yeti Ouro’s integration with a P2E ecosystem, ShibaSwap has DeFi functionality.
Also, Yeti Ouro has an advantage in its deflationary model. Yeti Ouro mixes token burns with staking to generate value through participation. On the flip side, price movements of SHIB largely depend on the market sentiment.
How Does Yeti Ouro Stack Up Against Bonk?
Bonk, the first meme coin on Solana, created plenty of buzz when it launched. However, its dependence on the Solana ecosystem restricts its adaptability. Yeti Ouro on Ethereum leverages Ethereum’s vast network and developer ecosystem.
Bonk’s strength is its community-driven model but Yeti Ouro expands on this with a true use case. Yeti Go and its success means that Yeti Ouro isn’t just a fad and will have intrinsic value over time.
Why Experts Favor Yeti Ouro
Yeti Ouro’s balanced approach is attractive to crypto experts. It encapsulates the viral magic of meme coins, while providing real utility. Its P2E integration places it in the fast-growing blockchain gaming market, which is expected to be worth $250 billion by 2025.
Strong investor confidence is evident in the ongoing presale that has already raised over $1.15 million. Yeti Ouro’s potential for exponential growth especially excites early-stage investors. Its roadmap with new game features and staking mechanics adds to the long-term potential.
Can Yeti Ouro Outperform SHIB And Bonk?
Not only is outperformance compared to Shiba Inu Coin and Bonk possible, it’s probable. Yeti Ouro is more immune to market fluctuations due to its utility-driven model. Yeti Ouro’s potential grows with the expanding Ethereum ecosystem.
Also, gaming is a rapidly growing industry, which is an advantage for Yeti Ouro. Tokens with real-world utility tend to attract a larger base of investors who guarantee steady demand and price growth.
Conclusion
Out of the altcoins out there, Yeti Ouro is now proving to be the one to watch in 2024. Its duality of viral appeal and real-world utility has it dominantly leading the crypto market. Though Shiba Inu Coin and Bonk have their benefits, these crypto tokens simply cannot compete with the depth and sustainability Yeti Ouro provides.
Yeti Ouro is the pack’s leader for investors looking for long-term innovation and growth. Above all, it is not just a meme coin — it is a movement driven by strong fundamentals and an exciting P2E ecosystem. Explore what Yeti Ouro has to offer as it reigns supreme.
