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Beyond Education, Nigeria Needs A Working Support System

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Educate the people and they will rise. Yes, education is catalytic but advancement goes beyond education. Let us go back to history. In ancestral Igbo, kids were named Nwaoha [child of the community], Adaoha [daughter of the community], Ekeoha [son of the community]. Most other African tribes have similar names.

Simply, a child is born to the community and will be raised by the community, and not just by the parents. A nursing mother in the village was like a mother to all kids because neighbours would bring their kids to her, while they go and fetch water, firewood, and other quick errands.

Typically, when you drop that kid, you would assume that the kid is under the care of another mother. Young men, from time to time, will fetch water from the village stream, to re-supply water for the elderly or the weak with no support. Young women will also help with their shopping on the market days since they may be unable to go to the market. In rotations, yams, garri, and other foodstuffs are sent, making sure they do not even know they have limited means.

On special mornings, boys will sweep the village square. Before the yam festival, married women will weed the roads to the stream. Men will take care of the roads, most connecting to the neigbouring communities. On the market days (Orie, Eke, Nkwo, and Afo as set by the community) over palm wine, elders will take stock of members who need special help. 

Recall that the free palm wine served on those days are provided FREE by the village wine tappers, who statistically are pre-paying their kinsmen for potential lost wages, as they are expected to fall at work [unfortunately], and men will lose working days looking for them in the bushes!

Hunger was fought in many ways. In some villages like mine in Ovim, a place (Agbongele Ugwunta) is dedicated, and any farm crop planted there, by ordinance, is allowed for anyone to consume for personal consumption, but never to sell. People are encouraged to ensure no person goes to bed hungry!

Where am I going? Africa had a solid communal system which worked! But when colonialism came, that system was destroyed, replaced by a “pseudo western government”. Magically, district officers transmuted the minds, positing that help does not need to come from your neighbour but from the “government”. [In the western world, governments are like neighbours and everything, via their retirement programs, social security payments, etc].

In Africa and specifically in Nigeria, the “government” over decades has not lived to replace that communal African system. Yes, the support system is low and that is one of our problems; no education can fix that if we hope to advance as a people.

Comment on Feed

Comment: You cannot have a working system with a dead education. You cannot develop a human being or a society without quality education, it’s impossible. Naija is the only country where development is considered as a possibility outside or beyond ‘education’.

My Response: We overrate “education”. The US literacy rate is 79%; Nigeria’s is 77% [Lagos State has literacy rate of more than 90%, better than the US average]. But US support system is more than 95% while Nigeria is less than 30%. The problem we have in Nigeria with mass graduate unemployment is not because of lack of education, but lack of support mechanism. If you ship those grads to US, within 18 months, they will become stars.

2024’s Crypto Stars: BlockDAG’s Epic 20,000x ROI, BNB’s Stellar Surge, and AVAX’s Fight to Rebound

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In the evolving landscape of cryptocurrencies,, new leaders are emerging. Binance Coin is scaling new peaks, potentially eyeing a future over $1,000, while Avalanche deals with network congestion and eyes a market rebound. In this shifting scene, BlockDAG stands out with its bold lunar keynote, $50.2 million presale and innovative technology, redefining what’s possible in crypto with its approach to mining and smart contracts, making the crypto space more accessible and efficient while pushing its 20,000x ROI potential.

Binance Coin Breaks Through $707

Binance Coin (BNB) has recently hit a new high of $707, venturing into a price discovery phase that might see it climb past $1,000. This surge is backed by a significant increase in open interest since early June, reflecting high activity across Binance’s decentralized finance (DeFi) operations and its larger ecosystem.

With a total value locked in the Binance Smart Chain at $5.8 billion, Binance continues to show strong growth despite previous market downturns. Upcoming structural changes in July are expected to further enhance Binance’s impact on the market, reinforcing its pivotal role in sustaining the current bull trend.

Is AVAX on the Verge of a Bullish Turnaround?

Avalanche (AVAX) is currently seeing some stabilization in its market price, with a slight 1.2% gain in the last 24 hours and a notable 148.2% increase over the past year. However, the platform is battling reduced transaction activity and a 20% dip in Total Value Locked (TVL) from the previous month, showing a slowdown in staking activities.

Network congestion has also been a significant hurdle since AVAX’s launch, which initially led to slower transactions and higher fees. As other blockchains with similar functionalities vie for market share, AVAX faces stiff competition. Despite these issues, technical indicators hint at a potential bullish reversal for AVAX, possibly leading to an average price of $80.63 in 2024.

BlockDAG’s Moonshot Event: A 1120% Valuation Surge

BlockDAG’s latest Keynote 2, delivered from the moon, has sparked a frenzy in the crypto community, skyrocketing its value by 1120% and paving the path for an unprecedented 20,000x ROI. The event introduced the X1 Mobile Miner App, which allows for efficient smartphone mining without heavy battery or data usage, opening the door to crypto mining for both beginners and experts alike.

Additionally, BlockDAG has skillfully integrated Block & DAG technologies, enhancing transaction speed and reliability through innovative Directed Acyclic Graph (DAG) technology. This setup is perfect for managing complex transaction networks, keeping BlockDAG at the cutting edge of crypto transaction security and scalability.

The keynote also showcased the platform’s EVM compatibility and several network upgrades, achieving over 45 development milestones. These advancements ensure that BlockDAG remains technically superior and strategically well-placed, expanding payment options to include major cryptocurrencies like USDT, BNB, and Ethereum, which broadens its market reach. So far, BlockDAG has successfully raised $50.2 million through its presale of 18 batches at $0.0122 each.

Final Thoughts

As the crypto landscape evolves, the distinction between innovators and followers sharpens. While Binance Coin exploits its established platform to reach new heights and Avalanche strives to overcome its challenges, BlockDAG is rapidly advancing. With groundbreaking initiatives and strategic developments, BlockDAG not only boosts user engagement but also cements its status as a blockchain innovation leader. BlockDAG’s significant growth and visionary projects are setting new standards in the industry earning $50.2 million in presale, promising a thriving future for its community and investors displaying its 20,000x ROI potential.

 

 

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Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Crypto News: BlockDAG’s Epic $50M Presale and 20,000x ROI Potential, BNB’s Stellar Surge, & AVAX’s Fight to Rebound

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Binance Coin has soared to unprecedented levels, potentially breaking the $1,000 barrier, while Avalanche wrestles with network congestion, hoping for a bullish turnaround. Amidst these contrasting fortunes, BlockDAG stands out gaining $50 million in presale, fueled by its innovative lunar keynote and cutting-edge technology, redefining how we interact with crypto through mining and smart contracts, making the digital currency world more accessible and efficient than ever.

Binance Coin Breaks the $707 Threshold

Binance Coin (BNB) has recently hit a new high, surpassing $707 and signaling a robust entry into a price discovery phase that could climb beyond $1,000. This surge is backed by a doubling in open interest since early June, reflecting heightened activity across Binance’s decentralized finance (DeFi) operations and its wider ecosystem.

The Binance Smart Chain has a locked-in value of $5.8 billion, demonstrating strong growth despite previous market downturns. Upcoming structural changes in July aim to enhance Binance’s market influence further, supporting the ongoing bull market’s momentum and underscoring Binance’s pivotal role in the cryptocurrency field.

Is Avalanche Heading for a Market Comeback?

Avalanche has recently shown some stabilization in its market value, with a slight 1.2% increase in the last 24 hours and a significant 148.2% rise year-over-year. However, the network is facing slowdowns, with a 20% reduction in Total Value Locked (TVL) this month, indicating a decrease in staking activities.

Initially spurred by a usage spike post-launch, network congestion has led to slower transactions and increased fees. Competing platforms offering similar services might exacerbate this slump. Nevertheless, Avalanche’s technical charts hint at a possible bullish reversal, specifically a “rounding bottom” pattern that could foretell significant growth in 2024, potentially reaching an average price of $80.63.

BlockDAG’s Moonshot Keynote Fuels a 1120% Valuation Surge

BlockDAG recently took the crypto community by storm with its Keynote 2, broadcast from the moon. This led to a staggering 1120% increase in its valuation, with predictions for 20,000x ROI. The event unveiled the X1 Mobile Miner App beta. This revolutionary tool allows efficient cryptocurrency mining on smartphones without significant battery or data usage, opening doors for both experienced and new crypto enthusiasts alike.

Additionally, BlockDAG has skillfully merged Block & DAG frameworks to speed up transactions and enhance reliability using Directed Acyclic Graph (DAG) technology. This setup is ideal for handling intricate dependencies, keeping BlockDAG at the cutting edge of scalability and security in cryptocurrency transactions.

The keynote also showcased EVM compatibility and numerous network enhancements, achieving over 45 development milestones. BlockDAG has expanded its payment options to include major cryptocurrencies like USDT, BNB, and Ethereum, broadening its market reach and flexibility. This ongoing innovation has propelled BlockDAG’s presale fundraising to $50 million through 18 batches for $0.0122 each.

Final Reflections

The divide between innovators and followers is becoming clear. While Binance Coin leverages its established platform to reach new market heights and Avalanche works through its challenges towards recovery, BlockDAG is sprinting ahead of the competition gaining $50 million in presale and pressing its 20,000x ROI potential. Its groundbreaking initiatives and strategic progress boost user engagement and cement its status as a blockchain innovation leader. BlockDAG’s vigorous growth and visionary projects set new industry standards, promising its community and investors a bright future.

 

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The Grand Business Trajectory – Tekedia Mini-MBA

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Throw that projectile of ideas and let us track the path for you. In tomorrow’s lecture, at Tekedia Mini-MBA, I will explain the grand business trajectory, positing on the paths taken from an idea phase to revenue state, in companies.

That idea to open a new product, a new branch, a new subsidiary, a startup, etc: what needs to happen, to bring that idea to fruition. We will discuss the paths.

After the lecture,  Tekedia AI Lecture Companion will summarize the session and send it via WhatsApp.

Tekedia Institute >> the #best school. Registration continues here

The Lesson from EU and US On Protecting National Brands, The Case of Ovim Tablet

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From LinkedIn News: “China has overtaken the U.S. for the first time to become the world’s No. 2 seller of EVs, behind No. 1, Japan. Not only did Chinese brands, led by cheaper BYD, sell more new vehicles last year — 13.4 million vs. 11.9 million for the U.S. — they made more money doing so, according to Jato Dynamics. U.S. sales growth of 9% dropped behind China’s 23% for one reason, the researcher said: consistently high prices charged by American manufacturers. Yet, even as China makes inroads to emerging markets, it faces steep new protectionist tariffs in the U.S. and EU.”

There is nothing like a FREE market system when it comes to the global arena. I hope Nigeria understands that, and builds necessary protections in our economy. I was among those who began the business of mobile tablets. But one by one, Nigeria opened the floodgate, and the Chinese brands took over. Ovim tablet was knocked out of business. Yes, Tecno took down Ovim tablet – the magical device for work and play, named after my village!

Sure, I am not asking anyone to protect our lesser innovative product. My point is that Nigeria did not care for the efforts we have put in place. I used two generators in Owerri, and we could not surmount the ferocious price competitiveness the Chinese brand enjoyed.

See here, the US and the EU are building iron gates to protect Tesla and others, from the blazing innovative rage of BYD and China. Yet, Harvard and Oxford are still teaching free markets, globalization and multinationalism in the market system. Good People, there are many Chinese brands in Nigeria; someone needs to be concerned how we open our ports for everything. Can we learn from the US and EU?