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Elevate Your Finances With  Decentraland (MANA) And Uwerx (WERX)

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Uwerx has captured investors’ attention with amazing offers, providing an investment haven with massive gains. Uwerx’s presale success and bullish WERX token have made way for it, and the project has shown all signs of transparency, security, and longevity.

However, Decentraland (MANA) and several other tokens battle a different war with the SEC’s allegations and possible freezing of assets. These allegations are currently spelling doom for Decentraland (MANA), but the developers are fighting it head-on.

How will the mentioned projects fare in the coming months? This article aims to educate you on that.

>BUY WERX TOKENS NOW<<

Decentraland (MANA) Releases LAND

Decentraland (MANA) is entangled in a legal battle with the SEC, with allegations of being a security just like every other token being sued. This case’s implications may significantly affect Decentraland’s (MANA) future and the more expansive crypto space.

However, Decentraland (MANA) has been trying to move forward despite the SEC’s allegations. Decentraland (MANA) recently launched a new platform feature, LAND. The feature allows users on the platform to own virtual LAND and earn passive income from their assets.

MANA currently trades at $0.33 and has been on a weekly decline, with more than a 2% daily decrease.

Uwerx (WERX) Secures Investors Tokens

As reported by Velocity Global, over 70% of freelancers said they freelance by choice. Uwerx focuses on the freelancing industry and has sweet deals curated especially for freelancers, including the 1% transaction fee, which eclipses other freelancing platforms’ 10% to 20% transaction fees.

Investors and holders are included, with the 15% purchase bonus and the Uwerx Vault that rewards users for storing their tokens to encourage holding. The hard cap presale ends on 31 July, so investing now would be very rewarding.

Also, investors need not worry about the security of their investments because the project has undergone vetting and auditing by SolidProof and InterFi Network.

Uwerx presale is in its last round, stage 5, with the WERX token selling at $0.041, a massive surge from the initial $0.005. The project experienced a massive presale sellout, causing the team to increase the presale token allocation to 57% (427.5 million) of the 750 million total WERX supply. The stage 5 presale has a 72.5 million WERX supply.

The developers reduced their token allocation to 7% to prioritize users’ benefits. They will renounce smart contract ownership when the project launches on centralized exchanges to assure investors of the project’s sustainability and long-term prospects.

Following the community’s 82.8% vote to lock the team’s tokens immediately, the team locked their tokens on Wednesday, 7 June. Also, a test airdrop will be conducted to validate users’ receiving wallet addresses. This is another proposal voted on by 98.2% of the community.

The Alpha version now has many exciting features, including the Login, Sign-Up, Forgot Password, Freelancer or Client Initiation, Job Creation Process, My Activity, Initial Step of Job Creation and Initial Step Of Finding Talent, Hiring Dashboard, and Job Creation Process Pages.

More features were recently added. They include Settings, Freelancer Profile Creation, Milestones, and Application Boosting using the WERX token. The Job application Page was revamped to make it easier and quicker for freelancers to apply for jobs.

Furthermore, the next sections of the platform, which are the Freelancer Dashboard, Client Dashboard, and Tools, are already in the works.

So much progress has been made with the Beta version, which has been under development for a while now, and the team will announce more updates soon. Users will soon start testing the platform when the Beta version is ready.

Adding to Uwerx’s gains, the platform has also gained popularity and hype, with over 6,953 user sign-ups, 1,639 Twitter followers, and 1,803 members on its Telegram channel. Due to WERX’s increasing value, its launch price was increased to $0.095 – $0.115.

The Uwerx developers have employed an agile methodology for rapid development and accelerated deployment of innovations and launch through feedback. Users can email feedback to feedback@uwerx.network.

The legal case against Decentraland (MANA) shows the challenges of regulations. Decentraland (MANA) may have hard times in the near future.

Uwerx has been thriving in the crypto space, despite being new. The project’s presale has recorded significant success and growth, making it investment-worthy.

Follow the links below to get a sweet 15% purchase bonus offer now!

Buy Presale: http://invest.uwerx.network

Website: https://www.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

The OpenAI’s AI-Focused App Store

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On May 25, 2023, I wroteThe evolving ChatGPT’s OpenAI playbook: build a marketplace of AI companies, mimicking Google Play and Apple’s App Store. Yes, OpenAI is positioning itself as a platform upon which future mini-AI systems will run on. And it is doing the necessary: providing funding to ensure those entities congregate around it”.

I wrote that when I saw the type of companies which OpenAI was backing. It was evident that it was positioning ChatGPT to become a mother AI system in which entrepreneurs and creators could build daughter AI systems within a marketplace to capture value.

Today, my postulation has been confirmed: “Artificial Intelligence company and creator of AI Chatbot ChatGPT, OpenAI, is reportedly working to launch an App store for AI Solutions. This was disclosed by OpenAI CEO Sam Altman at a London Developers’ meeting last month. According to reports, the AI app store, which is still in the early stages of development, would allow developers to sell their AI Models built on top of OpenAI’s technology.”

With that transition, generative AI will begin a massive phase of penetration and diffusion into sectors and markets. In other words, you just go to the AI app store and download whatever you want to download, as the ecosystem will enable a convergence where makers could reach users and vice versa at scale.

OpenAI Plans to Launch App Store For AI Solutions

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Artificial Intelligence company and creator of AI Chatbot ChatGPT, OpenAI, is reportedly working to launch an App store for AI Solutions.

This was disclosed by OpenAI CEO Sam Altman at a London Developers’ meeting last month.

According to reports, the AI app store, which is still in the early stages of development, would allow developers to sell their AI Models built on top of OpenAI’s technology.

OpenAI app store would ensure that AI Models are used responsibly as the company has a strong commitment towards the right use of AI models and would not hesitate to enforce restrictions on developers that go contrary to the guiding laws. This would also ensure that society is not exposed to the risk of any harmful AI model.

Currently, there is no centralized marketplace for AI software, which has somehow posed a challenge for AI developers to find an ideal place to sell their models. The rollout of OpenAI app store would no doubt mitigate this challenge by providing a one-stop shop for both AI developers and users.

The launch of the OpenAI app store for AI solutions will create a unique ecosystem that brings together AI experts, providers, and users to exploit the potential of artificial intelligence.

It could also provide several advantages to developers and users in several ways, which include;

  • Provide an intelligent partnering process between AI solution providers and users.
  • Provide a protected data space for development and test data to improve AI applications on an ongoing basis.
  • The AI marketplace will become the central place for exchanging AI applications for product development that can be used directly.

Notably, the app store could compete with app stores run by some of the company’s customers and technology partners, including Salesforce and Microsoft, and help OpenAI’s technology reach a broader customer base.

Some experts suggest that the eventual launch of OpenAI app store could raise competition concerns with Apple’s App Store and Google’s Play Store if the new platform follows a similar revenue model. Meanwhile, an AI marketplace is suggested to be different from conventional platforms like the app store or play store.

On the other hand, since the release of OpenAI Chatbot ChatGPT, last year November, hundreds of businesses have adopted the technology to automate tasks and increase efficiency. Companies are also racing to offer their customers new tools and capabilities based on the AI software’s advanced large language models (LLMs).

OpenAI CEO Altman has on several occasions stated that AI tools including ChatGPT desperately need regulation. Altman who is currently on an AI regulation tour to 17 cities across the globe, has been sharing feedback, feature requests, and other thoughts on AI, as well as calling for regulation of the technology.

The tech entrepreneur has been a vocal advocate for responsible AI development, emphasizing the importance of mitigating risks and addressing AI bias. He believes that AI has the potential to solve significant global challenges but acknowledges the necessity of proactive measures to ensure its ethical and responsible use.  His tour serves as an opportunity to engage stakeholders worldwide in discussions on responsible AI practices.

Apart from meeting with ChatGPT users and developers to receive feedback and insights on the technology, Altman also indicated that there are plans to engage with policymakers. He suggested a willingness to engage with the authorities to roll out the tech safely and forestall potential abuse and harm.

Binance Alleges SEC made Misleading Statements on Exchange Assets

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Binance, the world’s largest crypto asset trading platform, has filed a motion against the U.S. Securities and Exchange Commission (SEC) for allegedly making misleading statements in a press release regarding a securities lawsuit against Binance and its founder, Changpeng Zhao (CZ).

The motion, filed on June 21 in the U.S. District Court for the District of Columbia, claims that the SEC’s press release on June 17 contained statements that were “unsupported by evidence” and “inconsistent with the rules of professional conduct”. The motion also requests that the SEC comply with these rules and refrain from making further public statements that may affect the court proceedings.

The SEC’s press release announced that it had filed 13 charges against Binance, Binance.US, CZ, and other entities affiliated with Binance for various securities law violations, including operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and offering and selling unregistered securities, such as Binance’s own tokens (BNB and BUSD), crypto-lending products, and staking services.

The press release also accused CZ and Binance of secretly allowing high-value U.S. customers to trade on Binance.com, which is not registered with the SEC, and of secretly controlling Binance.US’s operations behind the scenes. The press release further alleged that CZ and Binance could “commingle customer assets or divert customer assets as they please”, including to an entity owned by CZ called Sigma Chain.

Binance’s motion disputes these allegations and cites a transcript of a June 13 hearing in which an SEC counsel admitted that there was no evidence of Binance.US customer assets being sent offshore or commingled with other assets. The motion also argues that the SEC’s press release was designed to “introduce unwarranted confusion into the marketplace” and to “taint the jury pool” with misleading descriptions of the evidence.

Binance’s motion is part of its ongoing defense against the SEC’s lawsuit, which was filed on June 5. The lawsuit is one of several regulatory actions that Binance has faced in recent months, as authorities around the world have increased their scrutiny of the crypto industry. Binance has maintained that it complies with all applicable laws and regulations and that it cooperates with regulators.

Interestingly, Binance has announced the launch of a regulated exchange in Kazakhstan. The new platform, called Binance Kazakhstan, will allow users to buy and sell cryptocurrencies with Kazakhstani tenge (KZT) and other fiat currencies. Binance Kazakhstan is a joint venture between Binance and Digital Financial Assets (DFA), a local company that provides blockchain and fintech solutions. The exchange will operate under the supervision of the Astana International Financial Centre (AIFC), a special economic zone that offers a favorable regulatory environment for crypto businesses.

According to Binance, the launch of Binance Kazakhstan is part of its global expansion strategy and its commitment to support the development of the crypto industry in emerging markets. Binance Kazakhstan will offer users access to Binance’s global liquidity pool, as well as local payment methods and customer support.

Binance CEO Changpeng Zhao said: “We are excited to bring Binance’s world-class technology and services to the people of Kazakhstan. We believe that Binance Kazakhstan will contribute to the growth and innovation of the local crypto ecosystem and foster financial inclusion for more people.”

DFA CEO Madi Saken said: “We are proud to partner with Binance to launch Binance Kazakhstan, the first regulated crypto exchange in the country. We share Binance’s vision of democratizing access to digital assets and providing a safe and reliable platform for our customers.” Binance Kazakhstan is expected to launch in the third quarter of 2023, subject to regulatory approval.

INEC Chairman Subpoenaed; What is A Subpoena?

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In the ongoing election petition, the Court of Appeal election petition tribunal subpoenaed the chairman of the Independent National Electoral Commission (INEC), Mr Mahmood Yakubu as a key witness and he is yet to appear before the court. This act is not just dishonourable to the court it is also contemptuous and criminal. 

The whole news that the INEC chairman was subpoenaed by the court of appeal’s presidential election tribunal and he has regularly and vehemently refused to honour the subpoena, rather sending his subordinates to appear on his behalf is getting embarrassing.

The INEC chairman should be informed that a subpoena is not an invitation that you choose to honour if you wish or will or refuse to honour if you don’t feel like it. It is a command, or a court order and failure to appear or honour it is contempt of court and contempt of court is punishable with jail term.

A subpoena is defined as a command issued to a named person to appear before a specified court on a specified date and at a specified time. It is addressed to a specific person and the person it is addressed to cannot delegate or relegate it to another person. It is a command and not an invitation and that is why the service of Subpoena must be effected personally on the person who is been invited to the court so as to be 100% sure that the person received it except the court makes an exception or gives the order for substituted service ie for the person to be served through WhatsApp or email or by any other substituted means other than personal service. Once service is effected, attendance is mandatory, it is not voluntary, failure of which incurs the wrath of the court.

Subpoena is only issued by Superior Courts of Record i.e. the Federal High Courts, State High Courts, the National Industrial Court, the Court of Appeal and the Supreme Court. The lower courts or the inferior courts of record like the Magistrate Court cannot issue a Subpoena. They issue witness Summons in place of subpoena. 

The content of a subpoena may read; 

“To Mr John Doe. You are expected to appear before the so-so court on the so-so date by 9 am”.

It is the civic responsibility of any responsible citizen to honour a subpoena once it is issued to him so as to aid the course of justice. Once you are dodging or avoiding without any consequential reason it then cast suspicion on you that there is a skeleton hidden in your cupboard; if you do not have anything to hide then there won’t be a reason for you to hide or refuse or wait to be coerced before you appear before a court when subpoenaed.