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Twitter CEO Linda Yaccarino Downplays Report of Twitter’s Traffic Tanking

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Twitter CEO Linda Yaccarino has downplayed the reports of Twitter’s traffic tanking, following the launch of Meta’s Threads.

The new CEO of the Microblogging app on Monday took to her Twitter handle to disclose that last week, Twitter had its biggest usage since February.

She wrote via a tweet,

“Don’t want to leave you hanging by a thread but Twitter, you really outdid yourselves! Last week we had our largest usage day since February. There’s only ONE Twitter. You know it. I know it.”

The tweet attracted the response of Twitter’s Billionaire owner Elon Musk who responded by saying, “Cumulative user-seconds per day of phone screen time, as reported by iOS & Android, is hardest to game. I think we may hit a record this week”.

Yaccarino and Musk’s comments are coming after reports suggested that Twitter’s traffic was tanking, following the launch of rival app Threads, which has continued to gain traction since its launch.

Meanwhile, data from web analytics firm Similarweb, reported that Twitter’s web traffic had declined 5% for the first two days Threads was generally available, compared with the week prior. Additionally, Similarweb said Twitter’s web traffic was down 11% compared with the same days in 2022.

Also, other data from IT Service Management Company Cloudflare, supported these findings, by displaying the decline in Twitter’s traffic.

This saw the CEO of Cloudflare Matthew Prince, posted a graph on his Twitter handle, showing radar rankings, where Twitter’s domain decline was visible.

In the face of these reports, Yaccarino’s comment about Twitter’s record usage didn’t sit too well with some users and experts who found it questionable because the new CEO did not share any metrics to back up her claims.

Some experts state that it is unclear what Yacarrino means by usage, meanwhile, if she is referring to screentime, her post suggests that Twitter’s users are spending more time on the app, not that Twitter is gaining in popularity.

In a different twist, a post on Tekedia stated that no data shows that 200 million people migrated from Twitter to Threads. Rather, what happened was that more people will stop using Instagram to spend more time on Threads.

It is essential to consider that the number of sign-ups for Threads may not directly indicate the number of active users.

However, Meta’s Threads broke the record to become the fastest-growing app ever, gaining over 100 million users in less than a week.

This extraordinary achievement solidifies Threads as the preferred Twitter rival amongst other platforms, exceeding all expectations and setting a new standard for rapid growth.

Threads’ remarkable growth is revolutionizing the online platform scene. Its intuitive interface, smooth integration with Instagram, and departure from conventional timelines have resonated with countless users across the globe.

Meta executives however maintain that the intention of Threads was not to replace Twitter, but offer an alternative.

Instagram chief Adam Mosseri wrote on Threads after the launch. “The goal isn’t to replace Twitter, the goal is to create a public square for communities on Instagram that never really embraced Twitter and for communities on Twitter (and other platforms) that are interested in a less angry place for conversations, but not all of Twitter.”

Though Threads is off to a fast start, having leveraged Instagram’s social graph to quickly scale its user base and users’ social connections, the app’s long-term future remains uncertain.

Meanwhile, as Meta continues to refine and enhance the Threads app, it is poised to leave a lasting impact on the social media landscape.

Nigerian National Petroleum Company Limited (NNPCL) is Taking Steps Toward IPO, to Declare Shares to Public

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The Nigerian National Petroleum Company Limited (NNPCL) is making plans for an initial public offering (IPO), according to Group Chief Executive Officer, Mele Kyari.

Kyari, who disclosed this on Tuesday during his keynote speech at the ongoing Nigerian Oil and Gas Week Conference and Exhibition in the country’s capital, Abuja, added that the company also plans to sell shares to the public.

The move comes nearly one year after the NNPCL transited from a public corporation to a limited liability company. The company said last year that it will take a step toward IPO by the middle of 2023.

“We will go to the market and this is going to happen soon. This is the new direction, and I can confirm to you that Mr. President is completely committed,” Mele Kyari said last July at an energy conference in Abuja.

Kyari, who pointed out that NNPC Limited operates in a dynamic market landscape, said the company has started making preparations for an initial public offering (IPO).

“As a company governed by the Companies and Allied Matters Act (CAMA), it intends to make its shares available to the general public,” he said.
Kyari emphasized Affordability, Accessibility, and Sustainability as the three crucial factors that will drive Nigeria’s energy future.

These factors will be implemented alongside other key initiatives that include expanding gas infrastructure to deliver gas across West Africa and potentially, Europe, expansion of liquefaction capacity of NLNG, and enabling availability of LPG as a cooking fuel and CNG as alternative fuel for automobiles, he said.

To implement these initiatives, Kyari emphasized the need to bridge Nigeria’s skilled manpower gap, ensure asset security, and invest in infrastructure to transform challenges into opportunities.

Speaking on the fuel subsidy removal, which has resulted in the high cost of petrol, Kyari said that the decision was necessary to create the atmosphere for [the needed] change in the oil sector.

The GCEO further noted that the fuel subsidy removal will bring a positive change in the industry as there will now be enough capital to ensure a continuous supply of energy to Nigerians.

However, an energy expert said on its way to the IPO, the NNPCL will need to raise at least $30bn to fund these capital projects such as an LPG processing plant, LNG & LPG Vessels, Bulk Storage Terminals for LPG throughput, and Gas gathering manifolds.

“I am curious to see the book building process; security underwriters, price discovery, issuing houses, exchange it will be quoted on, a treasury management strategy for remitting dividends to shareholders (if listed on LSE or NYSE), Corporate Governance,” Kelvin Emmanuel, CEO of Dairy Hills Ltd.

UX-ploration: Exploring The User Experiences of Top Utility Tokens Uniswap and Polkadot With Scorpion Token

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Since the dawn of most modern technology, user experience (UX) has become the lifeline for all online platforms. This effectively dictates how the user responds to the platform, features, and navigation and ultimately determines if they will be frequent users. Although this was never perfected in the beginning, there have been many crypto projects that have turned this into a science, and through this, have been able to come up as top utility tokens.

When exploring UX, Uniswap and Polkadot are essential reference points because they entered the market and completely revolutionized this segment, building a solid reputation amongst the community. Similarly, Scorpion Token (SCORP) offers a unique betting platform that promises ease and convenience, which contributes to its UX.

Uniswap: DeFi(ning) User Experience

Uniswap, a leading decentralized exchange (DEX), provides a different user experience compared to Scorpion Token’s betting platform. While both platforms operate within the realm of fintech and blockchain, their purposes and functionalities differ.

Uniswap primarily focuses on facilitating decentralized trading. It allows users to swap tokens directly from their wallets without the need for intermediaries. The platform’s simplicity and user-centric approach have attracted a large user base. However, Uniswap does not specifically cater to the gambling sector, which sets it apart from Scorpion Casino.

Uniswap’s unique feature lies in its utilization of liquidity pools and automated market-making (AMM) algorithms. These mechanisms enable the platform to provide efficient and secure trading, with users being able to contribute liquidity to the pools and earn returns. While this feature offers opportunities for investment and trading, it does not cater directly to the betting experience offered by Scorpion Token’s platform.

Polkadot: Empowering Cross-Chain Interoperability

Polkadot, a multi-chain platform, focuses on enabling cross-chain interoperability and the seamless transfer of assets. While Polkadot and Scorpion Token’s betting platforms share the fintech industry as a common ground, their functionalities and objectives are different.

Polkadot aims to bridge different blockchains, allowing for the transfer of assets and data between them. It provides an infrastructure for building decentralized applications (dApps) and facilitates interoperability across various blockchain networks. Polkadot’s architecture is designed to address scalability and customizability issues that exist in the blockchain ecosystem. Its innovative approach of using Para chains and the Relay Chain enables efficient and secure transactions across different blockchains.

Scorpion Token: A Seamless Betting Experience

Scorpion Token, as a betting platform, is revolutionizing the gambling industry by leveraging blockchain technology and utility tokens. By incorporating top utility tokens like SCORP, Scorpion Token ensures a seamless betting experience for its users. The platform is designed to provide ease and convenience, catering to the needs of tech-savvy individuals who are familiar with cryptocurrencies and decentralized finance.

One of the primary advantages of using Scorpion Token’s betting platform is the utilization of SCORP tokens. These utility tokens offer various benefits to the users, including facilitating payments in the ecosystem and passive income opportunities. SCORP tokens can be staked to earn additional rewards and enhance the overall betting experience. By investing in SCORP tokens early on, users can potentially achieve substantial returns, capitalizing on the growing crypto casino market.

Scorpion Token’s betting platform harnesses the power of blockchain technology to provide transparent and secure gambling services. With the use of blockchain, the platform ensures the integrity of transactions, eliminating any concerns of manipulation or fraud. Users can have peace of mind, knowing that their wagers and winnings are stored on an immutable ledger, enhancing trust in the platform.

To guarantee a user-friendly experience, Scorpion Token has invested in developing an intuitive interface and navigation system. Users will appreciate the platform’s sleek design and seamless navigation, allowing them to explore the various betting options available effortlessly. The user interface is optimized for both desktop and mobile devices, ensuring accessibility and convenience for users on the go.

Conclusion

Although other platforms like Uniswap and Polkadot have built a strong rapport with their customers through their customer experience strategies, Scorpion Token’s betting platform stands out as a unique and promising endeavor. With its focus on ease, convenience, and the integration of utility tokens like SCORP, the platform offers an exciting betting experience for tech-savvy individuals.

 

For More On Scorpion Token (SCORP):

Presale: https://presale.scorpion.casino/

Telegram: https://t.me/scorpioncasino

Twitter: https://twitter.com/ScorpionCasino

Solve the Equations of Business with Tekedia Mini-MBA; Register Today

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Equation #1:  Innovation = Invention + Commercialization.

Equation #2:  Great Company = Awesome Products + Great Execution.

Equation #3: Business Momentum = Size of Business x Speed of Growth.

At Tekedia Mini-MBA, we differentiate market problems and integrate business opportunities over 12 weeks. The final results are the paths to successful careers and business growths. We have since opened registrations for the next edition. More than 90 global faculty will be teaching, and it will be the best edition yet!

To solve the mathematics of business, I invite you to register today (N90,000 or $170) for massive early registration discounts here.   This is the #best school, and when you apply our equations, you will solve business problems faster and better. Come over, let us solve the mathematics of markets and compound opportunities. Register here 

Comment on Feed

Comment: Equation 1 is highly disputable, being that major inventions are hardly commercialised before they are innovated…

My Response: “Equation 1 is highly disputable, being that major inventions are hardly commercialised before they are innovated.” that statement is outrightly wrong. Innovation means solving a problem. Invention is coming up with an idea. There is no way you can have INNOVATION without commercialization which means “solving a problem”. So, it is impossible to have innovation without commercialization and that commercialization must not be quantified in $$ or Naira, it means there is a usage which solves a problem.

What is an NFT? Exploring The Sandbox, Decentraland, and the Arrival of DogeMiyagi’s NFTs

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“What is an NFT?” NFTs stand for Non-Fungible Tokens. So that’s your answer. Let’s break down what that means. Being ‘non-fungible’ implies that one NFT cannot be exchanged for another as it is unique and cannot be replicated.

On the other hand, a cryptocurrency is ‘fungible’, meaning one can be traded for another, and there is usually an ample supply. Still, for each NFT, there can only be one and never another. This is the core difference between what is a crypto and what is an NFT. The Sandbox and Decentraland are well-known NFT marketplaces, as their users can buy virtual real estate in the form of NFTs and sell their virtual artwork on these metaverse platforms. DogeMiyagi (MIYAGI), however, aims to provide an NFT collection that is truly different. Something likely to resonate with both new and old NFT collectors because the collection is based on the 80s blockbuster Karate Kid.

Exploring the Sandbox

Based on the Ethereum blockchain, it’s a game played on the Metaverse, similar to Roblox. However, users can buy virtual land that can become their own NFT. Sandbox has drawn the public eye with collaborations from celebrities such as Snoop Dogg and Paris Hilton and brands such as Adidas and Gucci.

How Can You Earn Money On The Sandbox?

For users on Sandbox, there are two ways to monetize: Vox Edit and Gamemaker. These are important tools with Vox Edit allowing users to create digital assets such as avatars and other virtual artwork. Users can then sell these on the Sandbox Marketplace, the Sandbox secondary marketplace, at an agreed-upon price using cryptocurrency like Ethereum (ETH).

On the other hand, the other tool that can be used for the same purpose is Game Maker. Users can create and share their games within the Sandbox metaverse, which can be made without any technical knowledge. Upon completing the game, they can monetize in two ways: by inviting others to play or by selling the game to those interested in the Metaverse.

Exploring Decentraland

Decentraland has similarities as well as differences with the Sandbox. While it also allows for the virtual buying and selling of plots of land as NFTs, the core difference is that it cannot be done using Ethereum like the Sandbox. One has to use the decentralised cryptocurrency known as MANA.

How can you earn money on Decentraland?

Like the Sandbox, users can monetize by buying and selling virtual real estate as NFTs. In addition to gaming and entertainment, they sell their virtual artwork and even provide services such as helping others manage their virtual real estate portfolio.

A man walks past the logo of Gemini Trust, a digital currency exchange and custodian, during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco Bello/Files

What is so special about DogeMiyagi NFTs?

What is an NFT, and how is it related to Dogemiyagi? DogeMiyagi NFTs are inspired by the 80’s Karate Kid movie. This movie has become popular due to Cobra Kai, the popular Netflix series. So the NFT collection drawing inspiration from the film is funny and quirky and aligns with the overall purpose behind DogeMiyagi: to create a robust, united, and vibrant community.

A diverse community with no boundaries ranging from fans of Karate Kid and Cobra Kai to Martial Arts followers and more. In line with this, the DogeMiyagi NFT collection is bound to appeal to new and old NFT collectors due to the humour, theme, and culturally relevant nature of the NFT collection

So do your research, and stay tuned for more updates using the website details and socials below.

 

DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi