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Caged Beasts, Vechain, and Tradecurve, are on an upward trajectory. Can they hit 1$ in 2023?

By
TI Partners
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0

The cryptocurrency market has witnessed impressive growth and innovation in recent years, with numerous tokens capturing the attention of investors.

Keep reading as we explore the potential of three tokens: Caged Beasts, VeChain, and Tradecurve. These tokens have shown significant upward momentum and have the potential to reach $1 by the end of 2023.

Summary

  • Caged Beasts brings good passive income possibilities
  • VeChain reveals new mobile wallet UI
  • Tradecurve could hit $1 soon due to its low market cap

>>BUY TCRV TOKENS NOW<<

Caged Beasts (BEASTS): An emerging presale sensation

Caged Beasts are currently in Stage 1 of its presale and has managed to cause quite a bit of a name for itself.

A new caged beast is born at each presale stage, promoting excitement and interaction among the Caged Beasts community. The interaction doesn’t stop there; Caged Beasts allows users to generate passive income by referring their friends to the project – generating 20% of the deposit amount in USDT.

At the moment, $1 will bring you 179,111 Caged Beasts tokens. According to experts, Caged Beasts has a promising future.

VeChain (VET): Powering supply chain management

VeChain is a blockchain platform that enhances supply chain management and ensures product authenticity. With its focus on traceability and transparency, VeChain has gained recognition from prominent enterprises globally.

In a recent Web3 Sustainability Masterclass, Vineet Singh, the company’s product manager, gave the audience a weekend preview of VeChain’s newest mobile wallet user interface. After this reveal, the VeChain value soared and trades hands at $0.02046 with a market cap of $1.4B, a rise of 0.57% overnight.

VeChain’s new upgrades and proven track record make it a strong contender for reaching $1 by the end of 2023.

Tradecurve (TCRV): Set to surge by 50x

Tradecurve, currently in its presale phase, has raised $2.8M so far, and its native token, TCRV, has already soared by 80% from its starting price. This level of interest is rarely seen in the cryptocurrency market and can be attributed to Tradecurve’s hybrid infrastructure model, which has caused over 12,500 users to register.

Tradecurve combines the most notable features of DEX and CEX on a single platform. Moreover, the Tradecurve team has announced they will implement their own Proof of Reserves (PoR), demonstrating that they possess the assets they claim to hold on behalf of their users. The significant difference between Tradecurve and its competitors is that it removes the intrusive sign-up KYC checks and allows all derivatives to be traded from a single account.

Currently, TCRV is in Stage 4 of its presale with a value of $0.018. Experts have pointed out that TCRV currently has a low market cap of $32M with a 1.8B token supply as they forecast it to reach $1 way before any of the tokens mentioned above.

With plans of raising $20M by the presale’s end, Tradecurve could become a top 3 global exchange as it outshines platforms like Gemini. With an increase to $0.025 when Stage 5 begins next week and experts predicting a 50x growth by the time its presale finishes, purchase TCRV now before its value skyrockets.

 

For more information about the Tradecurve presale:

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Click Here To Buy TCRV Presale Tokens

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What Smart Investors Do As They Invest

By
Ndubuisi Ekekwe
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0

Many questions on the post on the recent market cap acceleration of banks traded in the Nigerian stock exchange. Yet, I am not saying that people should go and start buying bank stocks because of the optimistic exuberance in the market. 

Simply, before you go into investing in companies (banks and others), determine where you are, and most especially how you plan to design your portfolio. In the world of stock market investing, there are three types of investors:

-Growth Maker: you buy low and wait for the value of the company to grow quickly. Say, you came in at N4 per share, and hope it rises to N20.

-Value Picker: they focus on extremely beaten down equities. Think of people who bought some airline stocks at the peak of the covid-19 knowing that everything will be fine one day. Think of John Templeton who bought valueless stocks as World War 11 heated up, holding them, and then became the stock picker of the 20th century.

– Income Chaser: these people do not necessarily care if the value of the stocks they hold go up or not, their major focus is the company’s ability to pay dividends. Most are retired people and they focus on fixed income since they’re no longer working. So, getting dividends will be the only way to run their lives. To do that, they buy companies which pay dividends because they need cash once in a while to operate.

As an ex-banker (a really good one, trust me), my message is clear: before you buy shares of any company, take time to design what you expect your portfolio to look like. That portfolio management is important. Do not just buy A, B, C, etc without a coherent strategy. That also applies to broad investment. I see people put money in real estate and yet cannot pay school fees in 6 months, despite knowing that real estate may not be evidently liquid. The smartest investors have clear portfolio strategies in the assets mix equation. Good luck as you invest to secure the future.

If you need help, you can join our ongoing Tekedia Investment and Portfolio Management program here. 

Details of the Central Bank of Nigeria (CBN) Circular on E-Naira Payouts For Diaspora Remittances in Nigeria

By
Emmanuel Ifeanyi Ogbuka
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0

On June 15,2023, the Central Bank of Nigeria (CBN) released to International Money Transfer Operators (IMTOs) and the general public a new set of directives in its efforts to liberalize the payout of Diaspora remittances and promote the adoption of the E-Naira , consequently establishing it as a payment option to recipients of Diaspora remittances.

This article will be looking at the provisions of this circular and what it means for the Fintech sector, particularly the Cryptocurrency & Digital Assets subsector.

What are IMTOs required to do to effect E-Naira payment options in their services?

– IMTOs are to apply for a one-time “No objection” to pay out in E-Naira from the CBN.

– The CBN shall provide account details where foreign currencies from IMTOs shall be received.

– IMTOs are required to then open merchant wallets through the CBN.

– Next, IMTOs are to prefund the CBN account with foreign currencies.

– Then, the CBN will subsequently fund the IMTO merchant wallets with E-Naira equivalents of the foreign currencies earlier pre-funded by the IMTOs.

What is the payment procedure for the end-user/beneficiary of an FX/E-Naira Diaspora remittance transaction?

– A sender initiates a diaspora transfer with an IMTO of his choice overeseas providing details of the beneficiary’s wallet.

– The IMTO logs into the E-Naira web wallet portal, debits Its E-Naira merchant wallet and credits the beneficiary with the E-Naira equivalent of the FX sent at origin using the I & E rate.

– Alternately, the IMTO integrates with the E-Naira portal from its platform via an API provided by the CBN and initiates transfer of E-Naira equivalent of FX sent at origin at the I & E Window rate.

Are E-Naira payouts for Diaspora remittances compulsory?

It should be noted that the receipt of proceeds of diaspora remittances in E-Naira is optional & shall run concurrently with the USD payment option put in place by the CBN.

Does this mean that Cryptocurrencies have been established as legal tender in Nigeria?

No, this simply means that the classification of Naira has gone beyond hard cash or paper currency and now includes what is called digital fiat or a stablecoin in the form of E-Naira.

This does not mean that Cryptocurrencies are illegal in Nigeria, they are simply not legal tender but decentralized digital assets and banking transaction support is not yet approved by the CBN. But these digital assets can be traded on in Nigeria and used internationally.

Will E-Naira payment options also apply to other financial service companies such as Payment Service Providers?

Yes they do, but there are currently no specific E-Naira registration options for other financial institutions except where they register as merchants which would qualify them for merchant wallets.

Must one be a licensed IMTO to be able to render diaspora remittance services?

Yes , IMTO licensing is compulsory but you can consult a lawyer on legal & less expensive means of operating licensed remittance services in Nigeria.

Meta Dealt With Heavy Blow as EU’s Top Court Upholds Ruling by German Antitrust Regulators

By
Ojukwu Emmanuel
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0

Giant tech company Meta has been dealt with a huge blow, as the European Union’s highest court upheld a ruling by the German antitrust regulators which discovered the company exploited its social media dominance.

The court ruling challenged Meta’s business model, which heavily relies on leveraging the vast amounts of user data it collects to sell targeted advertising.

The ruling further permits Germany’s antitrust enforcer, the Bundeskartellamt, to prevent Meta from aggregating user data across its platforms without explicit user consent.

This includes data from Instagram, WhatsApp, and Facebook, as well as external websites and apps.

Notably, the court ruling did not only pertain to antitrust regulations but also addressed potential violations of the European Union’s General Data Protection Regulation (GDPR).

Recall that in 2019, the German regulator, the Bundeskartellamt had previously found Meta’s data collection practices to be flawed, which saw it breach not only competition rules but also the GDPR.

The regulator stated that Facebook wasn’t getting users’ voluntary consent for its

extensive profiling, even though it was in the terms of use that they agreed to because they had no choice but to agree if they wanted to use the leading social network. Therefore, it argued that Meta was breaking the terms of the EU’s General Data Protection Regulation (GDPR) and illegally using its power as a market leader to do so.

They emphasized the need for user permission rather than unbridled data collection based solely on user sign-ups. Andreas Mundt, Germany’s top antitrust regulator, said, “The judgment will have far-reaching effects on the business models used in the data economy”.

Also speaking on the ruling, the deputy director general of the European Consumer Organization (BEUC), Ursula Pachl said, “In a complex digitalized economy, more than ever we need authorities to think outside the box and to consider data protection when dominant companies break antitrust rules. This is a good step forward”.

Reports reveal that following the EU top court ruling, Privacy campaigners are ecstatic about the outcome. Max Schrems, the activist lawyer whose long-running case against Facebook/Meta led the CJEU to invalidate multiple EU-U.S. Data-sharing agreements and triggered the looming ban on Meta sending Europeans’ data to the U.S., said the latest ruling shows Meta cannot simply bypass the GDPR with some paragraphs in its legal documents.

In his words,

“This will mean that Meta has to seek proper consent and cannot use its dominant

position to force people to agree to things they don’t want. This is a huge blow for Meta, but also for other online advertisement companies. It clarifies that various legal theories by the industry to bypass the GDPR are null and void.”

Responding to the ruling, Meta spokesperson said, “We are evaluating the court’s decision and will have to say in due course”.

The direct impact of the ruling will likely undermine Meta’s legal justification for providing targeted ads anywhere in the European Union. The decision is expected to have implications beyond Germany and could influence antitrust authorities across the European Union.

With Meta also facing a ban on exporting European data to the U.S., its future in the region is in jeopardy.

How You Can Earn $10,000 a Month in USDT with the New BEASTS Coin Referral Scheme

By
TI Partners
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1

Are you ready to embark on a thrilling financial journey that could lead you to earn £10,000 a month? Brace yourself for the exhilarating world of BEASTS Coin (BEASTS) and its groundbreaking referral scheme. In this article, we’ll dive into the captivating realm of cryptocurrencies, exploring the untapped potential of BEASTS Coin and how its unique referral scheme can unlock an exciting new passive income stream. Get ready to unleash your financial potential like never before!

BEASTS Coin: Pounce on the Ferocious Passive Income Potential

Step into the boundless crypto jungle where growth knows no bounds. BEASTS Coin (BEASTS) is not your ordinary cryptocurrency; it represents the power of caged liquidity, gradually growing stronger and more formidable over time. With a captivating narrative centered around Rabbit 4001, a once-tortured soul turned into a mad scientist, this metaphorical journey symbolizes the path to financial liberation. As your investment matures, so do the Caged Beasts, growing into powerful entities ready to break free and grant you the freedom you deserve.

BEASTS Coin is a community-driven token that defies conventions. Established recently, it has already captured the attention of savvy investors seeking the next big thing. With 10 trillion tokens in supply and 0% taxes on buying or selling, this ferocious cryptocurrency presents a wealth of opportunities. During the presale, 60% of tokens are up for grabs, while 30% of the presale funds remain locked until the release date, ensuring stability. An additional 25% fuels the marketing wallet, amplifying its presence and enticing more enthusiasts to join this roaring community.

Now, let’s unveil the secret to unlocking a passive income stream that can earn you $10,000 a month. The BEASTS Coin referral scheme is a game-changer. When you create your unique referral code, each time someone buys using your code, you instantly receive 20% of the deposited amount in USDT directly to your wallet. Simultaneously, the investor who uses your code receives an extra 20% in BEASTS tokens. This symbiotic arrangement ensures double rewards and opens up a world of financial possibilities.

Imagine the potential if you refer 500 of your loyal followers, and they each deposit £100. With the referral scheme’s generous incentives, you’d earn an astonishing £10,000 a month! If you have a substantial following, this remarkable feat becomes well within reach. Embrace the power of referral and witness your passive income surge alongside the increasing value of BEASTS Coin.

Final Thoughts

In a world saturated with investment options, BEASTS Coin stands apart, offering a thrilling journey filled with metaphorical beasts and explosive growth. Unlock your financial prowess and explore the untapped potential that awaits you. Don’t let this opportunity slip away; join the BEASTS Coin community and unleash your earnings today. Get ready to roar with satisfaction as your passive income soars to new heights. The time to embrace the beast within is now!

 

For more information on BEASTS Coin:

Website: https://cagedbeasts.com

Telegram: https://t.me/CAGEDBEASTS

Twitter: https://twitter.com/CAGED_BEASTS

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