DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4182

Apple’s App Store is Now A $1 Trillion Business

0

Apple announced Wednesday that the App Store generated $1.1 trillion in developer billings and sales in 2022. The Cupertino giant, citing an independent study by economists from Analysis Group, said 90 percent of the revenue came from billings and sales from developers and businesses of all sizes that paid no commission to Apple.

Citing new analysis from the Progressive Policy Institute, Apple said the iOS app economy now supports more than 4.8 million jobs across the U.S. and Europe, with approximately 2.4 million in each region.

Apple’s market value is nearing $3 trillion, with a significant part coming from its App Store.

The economists from Analysis Group estimate that last year, App Store developers generated $910 billion in total billings and sales from the sale of physical goods and services, $109 billion from in-app advertising, and $104 billion for digital goods and services.

“We’ve never been more hopeful about — or more inspired by — the incredible community of developers around the world,” said Tim Cook, Apple’s CEO. “As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we’re as committed as ever to investing in developers’ success and the app economy’s future.”

While Apple’s market value relies mainly on its major business – sales of devices and gadgets, the App Store has gradually become a formidable force in the company’s life. However, the App Store’s growth has been sustained through a symbiotic relationship with apps.

App creators and entrepreneurs, like musical accompaniment app Metronaut Sheet Music, by French company Antescofo, have relied on the App Store to put their products into the hands of users around the world, according to Apple.

Further study by the Analysis Group highlights key drivers behind the growth in the App Store ecosystem — including rebounding demand for sectors like travel and ride-hailing, and strong growth in advertising spend in apps like social media and retail apps. The Group noted that developer billings and sales increased by 27 percent between 2019 and 2020; 27 percent between 2020 and 2021; and 29 percent between 2021 and 2022.

“Small developers in particular found tremendous success on the App Store — outpacing larger developers by growing their earnings by 71 percent between 2020 and 2022,” the Analysis Group said.

A statement by Apple noted that the economists at Analysis Group believe growth rates of this kind are positive indicators, consistent with a flourishing marketplace full of dynamism, innovation, and competition.

The App Store was launched in 2018 but has since become the host of nearly 2 million apps. Since 2019, U.S. developers’ billings and sales have increased by more than 80 percent. In Europe, developers’ billings and sales since 2019 saw an above-average increase of 116 percent, according to Apple.

Hollywood X PEPE The Game-Changing Meme Coin Catching Pikamoon Investors’ Attention

0

In the expansive universe of cryptocurrency, meme coins have taken center stage, attracting investors worldwide with their unique blend of humor, tech, and financial opportunity. This week, Hollywood X PEPE, a fresh entrant, is making waves in the meme coin market, as enthusiastic Pikamoon investors transition towards this new digital currency.

https://www.youtube.com/watch?v=8U0oLZmPHLM

Introducing Hollywood X PEPE: The Rising Star

First, let’s introduce the latest meme coin sensation that’s taking the crypto universe by storm – Hollywood X PEPE. Inspired by the iconic PEPE the Frog meme and the glitz and glamour of Hollywood, this digital currency has quickly gained a substantial following. Hollywood X PEPE presents an exciting investment opportunity with its unique attributes and potential for growth.

How Hollywood X PEPE is Different

Unlike conventional cryptocurrencies, meme coins like Hollywood X PEPE derive their value from the internet culture they represent. With a name paying homage to the globally recognized PEPE the Frog meme and Hollywood’s glamour, the coin’s concept alone has sparked considerable interest. The developers behind Hollywood X PEPE aim to create a community-driven cryptocurrency where the value is derived not only from the financial commitment of its investors but also from its cultural significance and widespread popularity.

Pikamoon Investors Joining the Bandwagon

A significant factor influencing Hollywood X PEPE’s rapid ascendance is the increasing number of Pikamoon investors transitioning towards this new currency. Pikamoon, another popular meme coin, has generated a substantial user base with its unique proposition. However, its investors are reportedly broadening their portfolios with Hollywood X PEPE, seeing potential in the new coin’s prospects and community-driven approach.

Hollywood X PEPE’s Potential

Hollywood X PEPE isn’t just a passing trend. The strength of this meme coin lies in the vibrant community that supports it. More than just a speculative asset, it represents a cultural movement that resonates with a generation steeped in internet culture. Given the robust performance of meme coins like Dogecoin and Shiba Inu, Hollywood X PEPE may follow a similar trajectory, leading to a high growth potential that has captured the interest of Pikamoon investors and beyond.

Investing in Hollywood X PEPE

Investing in meme coins like Hollywood X PEPE requires careful consideration. While they can offer impressive returns, the volatile nature of the cryptocurrency market can also lead to potential losses. Always conduct thorough research and consider seeking advice from financial professionals before investing.

Hollywood X PEPE, with its unique premise and growing community, offers a new frontier for meme coin enthusiasts and Pikamoon investors alike. As this digital currency continues to rise in popularity, it reinforces the idea that cryptocurrencies, meme coins in particular, are more than mere financial assets; they’re a unique intersection of pop culture, internet community, and finance. Keep a close eye on Hollywood X PEPE – it could be the next big meme coin star to shine in the crypto universe!

Keywords: Hollywood X PEPE, Meme coin, Pikamoon investors, digital currency, cryptocurrency, investment, community-driven cryptocurrency, financial opportunity.

Official Hollywood X PEPE Links | Linktree | Hollywood X PEPE Token | $HXPE Pre-sale is Live

Hollywood X PEPE Soaring High in Pre-Sale Round 1 Lessons Learnt from Big Eyes Coin’s Mistakes

0

In the dynamic world of cryptocurrency, learning from past experiences is crucial. As Hollywood X PEPE cruises through its successful first pre-sale round, raising nearly $2 million, it’s clear that the team has taken cues from the missteps of others in the meme coin sector, particularly Big Eyes coin.

https://www.youtube.com/watch?v=8U0oLZmPHLM

Unraveling the Story of Big Eyes Coin

Big Eyes coin, another meme-themed cryptocurrency, faced some challenges that inhibited its growth potential. While it had promising beginnings, it stumbled due to several mistakes, the lessons from which have been instrumental for new entrants like Hollywood X PEPE.

Big Eyes Coin’s Key Missteps

Two primary missteps by the Big Eyes coin team held back its potential success. First, the coin lacked a distinct roadmap, causing uncertainty about its future direction and potential returns. Second, it failed to create a robust, engaging community around the coin, an element that has proven pivotal in the success of other meme coins.

Hollywood X PEPE: Leveraging Lessons Learned

Hollywood X PEPE, learning from these mistakes, has taken a different approach. The team behind this promising new meme coin has been meticulous in their planning and execution.

A Clear Roadmap

The Hollywood X PEPE team has provided a transparent, comprehensive roadmap right from the start. This clear strategy provides investors with an understanding of the coin’s potential growth and future plans, increasing their confidence and willingness to invest.

Building a Strong Community

Additionally, Hollywood X PEPE has placed a strong emphasis on community building, engaging investors through regular updates and interactive activities. By fostering a community-driven environment, they’ve managed to create a vibrant ecosystem of supporters and investors, contributing to their initial pre-sale success.

Pre-Sale Round 1: A Promising Start

The careful approach by the Hollywood X PEPE team seems to be paying off, with their pre-sale round 1 already raising nearly $2 million. This accomplishment is a testament to the lessons learnt from Big Eyes coin’s mistakes and the effective measures implemented to avoid similar pitfalls.

The story of Hollywood X PEPE demonstrates the importance of learning from the missteps of others in the volatile crypto market. By providing a clear roadmap and fostering a strong community, Hollywood X PEPE has not only avoided the mistakes made by Big Eyes coin but also set a precedent for upcoming meme coins. As they surge through their first pre-sale round, we eagerly anticipate what’s next for this promising new cryptocurrency.

Keywords: Hollywood X PEPE, Big Eyes coin, pre-sale round, meme coin, cryptocurrency, roadmap, community building, investment.

Official Hollywood X PEPE Links | Linktree | Hollywood X PEPE Token | $HXPE Pre-sale is Live

Tron Records All-Time High in Daily Transaction Volume

0

TRON (TRX), the decentralized blockchain platform that aims to create a free and open internet, has achieved a new milestone in its network activity. According to the latest data from TronScan, the platform’s official explorer, Tron has recorded an all-time high in daily transaction volumes, surpassing 10 million transactions on June 1st, 2023.

This is a remarkable feat for Tron, which was launched in 2017 by Justin Sun, a former protégé of Alibaba founder Jack Ma. Tron’s vision is to build a global digital content ecosystem that allows users to own, create and share content without intermediaries or censorship. Tron also supports smart contracts, decentralized applications (DApps) and non-fungible tokens (NFTs), making it a versatile and innovative platform for developers and users alike.

Tron founder Justin Sun posted on twitter that despite the crypto winter, TRON continues to defy expectations, posting impressive growth. The network hit a new record high in daily transactions just yesterday, with 10,935,762 transactions processed.

One of the main drivers of Tron’s growth is its compatibility with the Ethereum Virtual Machine (EVM), which enables developers to easily port their existing Ethereum DApps to Tron with minimal changes. This has attracted many popular DApps to migrate to Tron, such as USDT, BitTorrent, WINk and JustSwap. Tron also boasts a fast and scalable network, with an average block time of 3 seconds and a capacity of 2,000 transactions per second.

Another factor that contributes to Tron’s success is its vibrant and loyal community, which has been actively participating in various events and initiatives organized by the Tron Foundation. For instance, in May 2023, Tron celebrated its fourth anniversary with a series of online and offline activities, such as live streams, giveaways, contests and meetups.

The event also featured the launch of Tron 5.0, the latest version of the platform that introduced several enhancements and new features, such as cross-chain interoperability, privacy protection and governance upgrades. Tron’s record-breaking performance in transaction volumes reflects its growing adoption and popularity among users and developers around the world. As the platform continues to innovate and expand its ecosystem, it is poised to become one of the leading blockchain platforms in the industry.

Otti Suspends Transport Levy Collection in Abia State, to Set Up Transparent System

0

On Wednesday, Abia State Governor Alex Otti announced the suspension of all transport levies in the state, marking one of his boldest decisions as a governor.

Otti, who was sworn in on May 29, said the decision is based on his campaign promise to sanitize methods of revenue collection in the state. The governor said the suspension stays until an “organized” and “transparent” system of transport levy collection is introduced.

“In line with my campaign promise to sanitize methods of revenue collection in Abia, and stop all kinds of extortion, intimidation, and harassment of motorists, I have directed the immediate suspension of all kinds of Transport Levies payable to Abia state government and imposed on Tricycles, Buses, Taxis and other commercial vehicles plying Abia roads.

“This suspension takes immediate effect and will remain until we review these levies and make public arrangements for the smooth, organized and transparent collection of such Transport Levies.

“In the light of the above decision, I have asked all those involved, directly and indirectly to please discontinue forthwith, or face the wrath of the law, as security agents have been briefed and directed to apprehend and bring to justice anyone found violating this directive,” he said.

The move marks a shift from Abia State’s preceding governors’ approach to transport levy collection in the state.

In Nigeria, non-state actors, under the aegis of the National Union of Road Transport Workers (NURTW) oversee the collection of transport levies, raking in millions of naira annually. This backdrop, which denies the state’s huge sums of revenue, has long been advocated to be dismantled.

However, the lack of political will by state governors has sustained the practice for a long time. Apart from Sheyi Makinde, the Oyo State governor, who in 2019 suspended the state’s NURTW and set up state-backed transport management, not many other governors have shown interest in blocking that area of state revenue leakage.

The reason has been largely linked to the relationship between state actors and members of the NURTW, who have been noted to be big actors in determining who governs the state during the elections. The resulting quid pro quo means that the governors of the states allow millions of naira generated from transport levies to go into the private pockets of non-state actors.
For instance, a 2001 report by the International Center for Investigative Journalism said that the NURTW generates about N123.08bn annually from levies it collects from transport operators in Lagos.

Such huge revenue is a big loss to broke state governments who have been repeatedly urged to abolish the transport union and set up state-backed transport management that will collect the levies on behalf of the government.

Oyo State’s Internal Generated Revenue (IGR) grew by more than 42% without the state increasing taxes in 2021, as a result of revenue coming in from the transport sector.


Otti’s move to create a sanitized transparent system for transport levy collection in Abia State is expected to yield results similar to that of Oyo State.