DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4178

Ethereum Shapella Upgrade Update: Here’s Why HedgeUp (HDUP) and Chainlink (LINK) Will Benefit

0

As part of Ethereum’s Shapella upgrade, two of the most important blockchain projects — HedgeUp (HDUP) and Chainlink (LINK) — will benefit from the new features that are set to be released. This upgrade is designed to help make Ethereum’s network more secure, improve its scalability, and reduce transaction fees.

>> Buy HedgeUp Now <<

HedgeUp (HDUP) – The Solution For Alternative Asset Investing

By leveraging the Ethereum blockchain, HedgeUp (HDUP) provides a secure and efficient platform for investing in alternative assets. With the Shapella upgrade, HedgeUp (HDUP) will benefit from improved security and reduced transaction fees. This will make it easier for investors to make alternative asset investments quickly, securely, and at a lower cost.

With the smart contracts on Ethereum and the HedgeUp (HDUP) platform, users can now invest in tokenized physical assets. This means that users can access a wide range of alternative assets through the HedgeUp (HDUP) platform and enjoy the advantages of blockchain technology.

Whether it be fine wine, rare watches, or gold and other luxury items, investors can hedge their assets and diversify their portfolios through alternative investments. Plus, with a 30% instant ROI due to their early investor presale bonus, investing in HedgeUp (HDUP) is an increasingly attractive option. 

Chainlink (LINK) – The Oracle Of Trust

Chainlink (LINK) is used by many Ethereum dApps to access off-chain data and contracts. The Shapella upgrade will make Chainlink (LINK) more secure, reliable, and efficient. This will allow more developers to use Chainlink’s (LINK) solutions, which in turn will increase the use case of the Ethereum blockchain as well as Chainlink (LINK) itself.

With Chainlink’s (LINK) oracles, developers can connect their smart contracts to off-chain services. This means that developers can now access external data, such as stock prices, news reports, and weather information, to make their dApps more useful and reliable.

Chainlink (LINK) is quickly becoming an important part of the blockchain ecosystem, and with the Shapella upgrade it will be even more useful. Although Chainlink (LINK) may not increase in value as much as HedgeUp (HDUP), this is still bullish news for both projects.

Ethereum (ETH) Continues To Gain Momentum

Ethereum (ETH) has long been criticized for its long transaction processing times and high fees. With the Shapella upgrade, Ethereum (ETH) is now set to become more efficient and secure than ever before. Ethereum (ETH) doubters are now silenced, and with the addition of HedgeUp (HDUP) and Chainlink (LINK), the Ethereum (ETH) network is becoming more and more attractive to developers, users, and investors alike.

The Shapella upgrade is a huge step forward for Ethereum (ETH), HedgeUp (HDUP), and Chainlink (LINK). These three cryptos should continue to gain momentum as more people learn about their potential and benefits. This could lead to even higher prices for all three cryptocurrencies, so now is the time to get in on the action.

Find out more about the HedgeUp (HDUP) presale via the links below:

  • Website: https://hedgeup.io/
  • Presale: https://app.hedgeup.io/sign-up
  • Telegram: https://t.me/HedgeUpChat
  • Twitter: https://twitter.com/HedgeUpOfficial

The Impact of Technological Advancements on Nigeria’s Forex Trading Industry

0

Technological advancements have revolutionized various industries, and the forex trading sector in Nigeria is no exception. In recent years, innovative technologies have played a significant role in transforming the landscape of forex trading, providing Nigerian traders with enhanced accessibility, efficiency, and convenience. In this article, we will explore the positive impact of these technological advancements on Nigeria’s forex trading industry, highlighting the benefits they bring to traders and the overall market.

Automated Trading Systems: Enhancing Trading Efficiency

One notable technological advancement in forex trading is the introduction of automated trading systems. These systems, also known as algorithmic trading or forex robots, utilize pre-programmed trading strategies and algorithms to execute trades automatically. By eliminating the need for manual trading, automated systems offer several advantages to Nigerian traders.

Firstly, automated trading systems enable traders to execute trades at high speeds and seize profitable opportunities swiftly. They can analyze market conditions and execute trades without any emotional bias, ensuring that trading decisions are based on predefined rules rather than impulsive reactions.

Furthermore, these systems can operate around the clock, allowing traders to capitalize on global market movements even when they are unable to monitor the markets actively. This feature is particularly beneficial for Nigerian traders who may face time zone differences and have limited availability due to other commitments.

Mobile Trading Apps: Trading on the Go

The rise of mobile trading apps has brought significant convenience to Nigerian forex traders. These apps enable traders to access their trading accounts, monitor market movements, and execute trades directly from their smartphones or tablets. The mobility offered by these apps allows traders to stay connected to the forex trading market regardless of their physical location, leveraging major, minor, and exotic pairs such as the GBP/USD, EUR/USD, and EUR/GBP from 1:400 with spreads starting as tight as 0.0 pips.

With mobile trading apps, Nigerian traders can receive real-time market updates, access advanced charting tools, and manage their positions with ease. The convenience and flexibility offered by these apps empower traders to make informed trading decisions and respond quickly to market changes, even while on the move.

Advanced Charting Tools: Analysing Market Trends

Technological advancements have also enhanced the analytical capabilities of Nigerian forex traders. Advanced charting tools provide traders with in-depth insights into market trends, patterns, and price movements. These tools, equipped with various technical indicators, help traders identify potential trading opportunities and make informed decisions.

By using advanced charting tools, Nigerian traders can analyze historical price data, identify support and resistance levels, and implement various technical analysis strategies. This empowers traders to develop effective trading strategies and improve their overall performance.

Trading Education Platforms: Enhancing Knowledge and Skills

Technology has democratized access to forex trading education, enabling Nigerian traders to enhance their knowledge and skills. Online trading education platforms offer a wide range of resources, including webinars, tutorials, e-books, and interactive courses, to help traders develop a solid understanding of forex trading concepts and strategies.

These platforms allow Nigerian traders to learn at their own pace and access educational materials from experienced traders and industry experts. By acquiring knowledge about fundamental and technical analysis, risk management, and trading psychology, traders can improve their decision-making abilities and increase their chances of success in the forex market.

Social Trading Networks: Collaborative Learning and Idea Sharing

Social trading networks have emerged as a powerful tool for Nigerian forex traders to connect with fellow traders, share ideas, and learn from each other’s experiences. These platforms enable traders to observe and replicate the trading strategies of successful traders, known as signal providers, in real time.

By participating in social trading networks, Nigerian traders can gain insights into different trading styles, risk management techniques, and market analysis approaches. This collaborative learning environment promotes knowledge sharing and fosters a sense of community among traders.

In conclusion, technical developments have had a hugely beneficial influence on the forex trading business in Nigeria. Trading efficiency has increased thanks to automated trading systems, mobile applications, advanced charting tools, trading education platforms, and social trading networks, which have boosted collaborative learning and idea-sharing among Nigerian forex traders.

Uber Launches Private Chartered Boats in Mykonos, Greece

0

Ride-hailing company Uber has launched private chartered boats in Mykonos, Greece, which will commence operations this summer.

During the company’s third annual Go-GET product event in New York on Wednesday, it added a new mode of transportation to its latest updates, announcing its plan to launch boat travel in Greece, allowing locals, vacationers, and boat lovers to book a boat directly via the Uber app and explore beautiful island destinations via the water.

The privately chartered Uber boats will be able to carry the right people, and the price will reflect the number of stops on a given trip, among other factors. Each boat comes with a skipper to drive customers from port to port, stopping at the best swimming spots.

Uber disclosed that Mykonos will be the first of Greece’s destinations to support the travel option, with potentially more destinations in the coastline country to follow.

It is worth noting that Uber has offered boating options in the past. In 2019, the company launched a boat transportation service in Lagos, Nigeria’s commercial hub. The Inland transportation was in partnership with the Texas Connection Ferries, a local boat operator, and the Lagos State Waterways Authority.

Also, in 2023, the giant ride-hailing company launched its “Boat to Work” initiative, in San Francisco, CA, USA 2023. The company, in partnership with Thames Clippers and London’s ferry service, later launched Uber Boat in London in 2020, offering the city’s commuters another on-water route. Meanwhile, the recently launched private chartered boats in Mykonos, Greece, are different from the ones in London, as it is not owned by a third party.

Uber has continued to redefine what users expect from transportation, hooking customers on the immediacy of on-demand rides with a few clicks on a smartphone.

There are speculations that Uber is perhaps feeling the pressure to expand into new markets as ridesharing bookings have surged post-pandemic. In Q1, the ride-hailing company’s first-quarter earnings came in above estimates, driving shares of the company to rise 7%. In the first quarter, Uber’s revenue of $8.82 billion topped analysts’ expectations by about $100 million.

Uber relied heavily on growth in its Eats delivery business during the Covid pandemic, but its mobility segment surpassed Eats revenue in every quarter of 2022 as riders began to take more trips. That trend continued during the first quarter of this year, as the company’s mobility segment reported $4.33 billion in revenue while delivery reported $3.09 billion.

Uber expects to post operating income profitability this year and keep its workforce flat after headcount fell in the first quarter. For the second quarter of 2023, Uber said it expects to report gross bookings between $33 billion to $34 billion, and an adjusted EBITDA of $800 million to $850 million.

Winning in Markets By Improving Your Business Scalable Advantages [video]

1

Nothing is more important in a startup than having the capacity to acquire new customers, easily. In a network effect business, the most important product is “many users” because the more the users, the more useful the product becomes.

You need to know that in a perfect online market, the marginal cost of a digital product, under most scenarios, is zero. But markets are not perfect. And that means you must find ways to deliver great values to users even as the marginal cost tends to near zero. Why? Customers in the digital space congregate more into an ecosystem when the marginal cost is very low.

Scalable Advantage (SA) is a nexus with numbers between 0 and 1 which is used to ascertain the organic capacity to grow an enterprise, by examining the inherent elements like marginal cost and external forces, within an unconstrained and unbounded internet economy, where if nearly perfect, all transaction and distribution frictions between demand and supply disappear, producing an SA of “1”.

Today, I want to ask you: What is your Scalable Advantage? Does it get towards “1” or “0”? The trajectory will determine how far that business will go. I have a simple chart we developed in Tekedia Capital which we use to model the scalable advantages (hello mechanical advantage!) of startups. Here is one for some popular firms.

Comment on Feed

Comment 1: > within an unconstrained and unbounded internet economy, where if nearly perfect, all transaction and distribution frictions between demand and supply disappear

I’m curious about this. Google, Facebook, and Instagram seem to have low boundaries for non-paying users while presenting significant constraints and boundaries for paying users.

How does this intersect with SA as it relates to revenue growth?

My Response: You can use up to 98% of basic Google products for free. Those include Search and Gmail. The same applies when you look at Instagram and Facebook. In other words, since their cost is zero, barriers to use them are low. But even though they deliver them at zero point, the web is not a perfect market because the distribution cost (server cost, etc) is not zero. So, they need to make money to overcome the challenges of cost. Then comes advertising.

To drive that advertising, the goal is to scale more as that indeed means more revenue. In a way it works. The first 80% of users may deal with those costs while profits can come from the remaining 20% since within the system, the more users reduce your marginal cost over time. In other words, over time, it does not cost more per user to deliver services.

The implication is that profit can grow faster than revenue growth since the cost of servicing a user keeps going down due to scaling (even at limited revenue acceleration). You may check the video on click

Join me to understand Scalable Advantage at Tekedia Mini-MBA

0

What is the construct of first-scaler advantages? How do you optimize uncertainty, speed and growth in your young company?. The world has always focused on first-mover advantages (the first to market largely wins). In Tekedia Institute, we posit that to win in categories and sectors, you need to do more than being the first to market. Yes, in the stable state of digital markets, winners are usually those that scale first, not necessarily those that began first.

When you scale, you improve marginal cost and unit economics, triggering a virtuoso circle of winner-take-all. The greatest reward in a digital business is to attain a near-zero marginal cost.

Interestingly, winners attain that asymptotic marginal cost positioning by being the first to scale in their categories. You do not need to be the first to start or move into that category. You simply need to be first to scale.

If you join me in Tekedia Mini-MBA which begins June 5, 2023, you will learn the mechanics of business growth. You will master the fundamental elements to scale companies. In physics, they taught you Mechanical Advantage; here, I will explain Scalable Advantage with business cases. Pick your seat here .