Tekedia Mini-MBA Edition 10 Graduation Meetups [photos]

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May 14, 2023

The 10th edition of Tekedia Mini-MBA concluded on May 6, 2023. Today, across cities and communities, our learners independently organized physical graduation meetups. As the videos, photos, etc start arriving, I want to congratulate all our Learners because you are all #ready2lead in many dimensions of the market system.

Tekedia Mini-MBA – the winner of Velocity Mhagic $60,000 award for “innovation in entrepreneurial business education” – is awesome. This is a business knowledge temple and we have the datasheets on how to thrive in markets.

Register and join the June edition here

Speech by Ndubuisi Ekekwe During Lagos Tekedia Mini-MBA Graduation Meetup (May 2023)

What You Need to Know About Bitcoin Halving

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Paul Ugbede Godwin

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May 14, 2023

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Bitcoin halving is a phenomenon that occurs every four years on the Bitcoin network. It is a process that reduces the amount of new bitcoins created and distributed to miners for each block they mine. The halving is designed to control the inflation rate of Bitcoin and ensure its scarcity and value.

The Bitcoin network operates on a consensus mechanism called proof-of-work (PoW), which requires miners to use their computing power to solve complex mathematical problems and validate transactions. The first miner who solves the problem gets to add a new block to the blockchain and receive a reward in bitcoins. The reward serves as an incentive for miners to secure the network and process transactions.

The reward started at 50 bitcoins per block when Bitcoin was launched in 2009. Since then, it has been halved twice: once in 2012 (to 25 bitcoins), and once in 2016 (to 12.5 bitcoins). The third and most recent halving occurred on May 11, 2020, reducing the reward to 6.25 bitcoins per block.

The next halving is expected to happen in April or May 2024, when the reward will drop to 3.125 bitcoins per block. This will continue until the total number of bitcoins reaches 21 million, which is the maximum supply limit set by Bitcoin’s creator, Satoshi Nakamoto. According to current estimates, this will happen around the year 2140.

Why Does Bitcoin Halving Matter

Bitcoin halving has significant implications for the Bitcoin network and its users. Here are some of the main effects of halving:

It affects the profitability of mining. As the reward decreases, so does the revenue for miners. This means that some miners may stop mining if their costs (such as electricity and hardware) exceed their income. This could reduce the hash rate (the total computing power) of the network and make it less secure and efficient. However, this could also be balanced by an increase in the price of Bitcoin, which would make mining more profitable again.

It affects the supply and demand of Bitcoin. As the reward decreases, so does the rate of new bitcoins entering circulation. This creates a supply shock that could drive up the price of Bitcoin if the demand remains high or increases. This is based on the economic principle of scarcity, which states that the less available something is, the more valuable it becomes. However, this also depends on other factors, such as market sentiment, regulation, innovation, and competition.

It affects the adoption and innovation of Bitcoin. As the reward decreases, so does the inflation rate of Bitcoin. This means that Bitcoin becomes more like a deflationary currency, which encourages saving rather than spending. This could increase the demand for Bitcoin as a store of value, especially in times of economic uncertainty and currency devaluation. However, this could also discourage spending and investing in Bitcoin-related projects and services, which could hamper its growth and innovation.

How to Prepare for Bitcoin Halving

Bitcoin halving is an inevitable and predictable event that has been coded into the protocol since its inception. Therefore, it should not come as a surprise to anyone who is involved in or interested in Bitcoin. However, it is still important to be aware of its implications and potential outcomes.

Here are some tips on how to prepare for Bitcoin halving:

Do your own research. Don’t rely on hearsay or hype to make your decisions about Bitcoin. Read up on the history and mechanics of halving and learn from past experiences and data. Understand the risks and opportunities involved and form your own opinions and expectations.

Diversify your portfolio. Don’t put all your eggs in one basket. While Bitcoin may be the most dominant and popular cryptocurrency, it is not the only one. There are thousands of other cryptocurrencies that have different features, functions, and goals. Some of them may even benefit from Bitcoin’s halving, such as those that use alternative consensus mechanisms or offer complementary services. Explore and invest in a variety of crypto assets that suit your risk appetite and objectives.

Be patient and cautious. Don’t expect immediate or dramatic results from halving. While halving may have a long-term impact on Bitcoin’s price and adoption, it may not have a noticeable effect in the short term. The market may have already priced in the halving, or it may react differently than expected due to other factors. Be prepared for volatility.

Netflix to Slash Spending by $300 Million This Year, in Cost-Cutting Measures

By

Ojukwu Emmanuel

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May 14, 2023

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Streaming media company Netflix has revealed plans to slash spending by $300 million this year, as part of a cost-cutting measure.

Reports reveal that the streaming giant is looking to cut costs, as it plans to crack down on password sharing broadly in the U.S. The company has further urged its workforce to be cautious with spending, including in relation to hiring, while noting that there would not be a hiring freeze or additional layoffs.

In the company’s First Quarter Q1 report for 2023, Netflix beat estimates but reported a lighter-than-expected forecast last month. The company brought in $8.16 billion revenue during Q1 2023, while Wall Street expected a slightly higher figure of $8.18 billion. However, the firm reported higher-than-expected earnings of $2.88 per share in Q1, while analysts anticipated $2.85 per share.

Netflix also started the year by adding 1.75 million subscribers, bringing up the total number of global subscribers to 232.5 million. The subscriber growth represented a 4.9 percent year-over-year increase compared to the disastrous first quarter of 2022,

The company saw modest growth in the U.S./Canada region, adding 100,000 subscribers during the quarter, while the Latin America region underperformed for Netflix as it lost 450,000 subscribers during the first quarter.

As Netflix turns its focus to revenue numbers for its quarterly earnings, the company is forging ahead with its account-sharing crackdown, which rolled out in markets like Canada, New Zealand, Portugal, and Spain earlier this year. The company will also crackdown on passwords in the U.S., beginning in the second quarter, Netflix said in its letter to shareholders.

With its recent tests and pilot programs, Netflix has revealed how it will crack down on password sharers–namely, a combination of asking users to verify their accounts plus options for account holders to pay extra to share their accounts with others outside the household.

Netflix says it will use a combination of IP addresses, device IDs, and account activity from devices signed into the Netflix account to determine if an account is being used in the primary account holder’s household.

Analysts disclose that Netflix may see a $3 billion increase in revenue after the Password Sharing Crackdown. For the past year, Netflix has been adamant about cracking down on password sharing, and over the last few months, it is becoming more and more of a reality.

The company is also continuing to focus on its advertising business and will host its first Upfronts presentation on May 17 at the Paris Theater in New York. The video streaming industry is turning to advertising as inflation and consumer fatigue compound the headwinds facing subscription-based models.

Analysts say Aave (AAVE), Flow (FLOW), and Tradecurve (TCRV) are the most promising Tokens on the market

By

TI Partners

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May 14, 2023

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When compared with stable currencies, most crypto projects often fall flat due to instability, making investors more careful about which tokens to put their hard earned capital into.

Recently, analysts have repeatedly recommended Aave(AAVE), Flow (FLOW), and Tradecurve (TCRV). According to them, Tradecurve might see a gain of 50x by the end of its presale which is about to complete stage 1 in less than 6 days! Analysts believe that Tradecurve’s pioneering nature has put it on track to become a top 10 cryptocurrency over the coming years and surpass gains of 70x once it launches.

Aave (AAVE)

AAVE (AAVE) is a promising investment option, according to investors. Its v3 protocol is life after a $16.28 million retroactive funding was approved, and it’s currently performing well.

Aave (AAVE) price is rising due to staking and sharing protocol fees, which increases demand for the token. A recent announcement from Aave (AAVE) reveals that JP Morgan Chase completed its first DeFi transaction using the platform.

The current Aave (AAVE) price is $74.17, and its market cap is $1.04 billion. Aave (AAVE) is ranked #47 by CoinMarketCap and has a circulating supply of 14,093,193 Aave (AAVE) coins. Despite the recent dip of 2.29%, Aave’s (AAVE) strong fundamentals and partnerships make it a valuable investment option.

Flow (FLOW)

Investors consider Flow (FLOW) a promising investment for various reasons. One key factor that makes Flow (FLOW) an attractive investment option is its market capitalization, which currently stands at $945.94M. A high market capitalization indicates that the market highly values the asset, showing investors have confidence in the project’s long-term viability.

Another reason why investors are interested in Flow (FLOW) is its trading activity. Within 24 hours, 7.31 million Flow (FLOW) tokens were traded. This means that the Flow (FLOW) market is active and liquid, which makes it easy for investors to buy and sell the token at any given time. Although the trading volume has decreased by 2.80%, this is not necessarily an indicator of poor performance, as the market is volatile.

The current price of one Flow (FLOW) is $0.91, which is relatively low compared to other cryptocurrencies with similar market capitalization. This means that investors can acquire a significant amount of Flow (FLOW) for a relatively low price, potentially leading to higher returns on investment if the price increases.

Tradecurve: One platform for all blockchain functionalities

Tradecurve is a next-gen trading exchange platform that allows users to trade cryptocurrencies, stocks, forex, and commodities all from one account. The platform’s goal is to remove the barriers to entry and introduce a truly borderless trading exchange.

Tradecurve has unique features like its hybrid exchange, which allows users to deposit crypto and use it as collateral to trade derivatives without needing to complete strenuous KYC requirements. It also offers high leverage starting from 500:1, algorithmic trading, negative balance protection, exclusive deposit, and level-up bonuses.

Tradecurve’s native token is known as $TCRV, and token holders can receive trading fees and subscription fee discounts for signal and AI trading bots. Holders can also stake their tokens to receive a passive income, access exclusive rewards and bonuses, and level up to various VIP statuses.

Tradecurve’s native utility token $TCRV has also been audited by Cyber Scope, whilst a team KYC was carried out by AssureDeFi further providing security and transparency to investors. The project has a detailed roadmap, with plans to launch the exchange at the end of the presale and to list $TCRV on multiple exchanges. TCRV is built on the Ethereum blockchain, providing decentralisation and allowing users to control their assets and hold their keys.

With an initial starting price of $0.01 and the potential for a 50x gain during presale and 100x on launch, $TCRV is expected to offer investors a higher ROI than Aave (AAVE) and Flow (FLOW) with over 90% of its stage one presale tokens selling in under 6 days putting it on track to become a market leading cryptocurrency with real world usage.

For more information regarding Tradecurve’s presale see links below:

Website: https://tradecurve.io/

Buy presale: https://app.tradecurve.io/sign-up

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official

Theta Network (THETA) And Render Token (RNDR) On A Downward Spiral While Yachtify (YCHT) Excels!

By

TI Partners

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May 14, 2023

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Since its beginning, the cryptocurrency sector has made significant progress, and various projects have opened up new markets. One such project will be Yachtify which is currently in its presale phase but projected to bring 400% gains to early investors! Some analysts predict that this rising presale star may outperform Theta Network (THETA) and Render Token (RNDR) in 2023. Let’s find out why!

>>>> BUY YACHTIFY TOKENS <<<

Theta Network (THETA) Continues Trading In The Red

Not even the recent collaboration with The Squad to bring about the MetaCannes Film3 Festival helped the Theta Network (THETA) to see a price increase. Theta Network (THETA) has lost 14% of its value in the last month.

Currently, Theta Network (THETA) is trading hands at $0.9094, a fall of 5.60% in the past 24 hours. Additionally, Theta Network (THETA) is trading below its moving averages, and the technical indicators are showing strong sell signals.

These bearish charts have made experts predict that Theta Network (THETA) may see further price drops to its support level of $0.80 by the end of 2023.

Render Token (RNDR) On A Breakdown

Render Token (RNDR) has also seen better days, as it went down by 21.5% in the last week. This price decrease can be attributed to the recent general downturn in the crypto market, plus no real exciting developmental news has hit the Render Token (RNDR) fanbase.

Currently, Render Token (RNDR) has a value of $1.89, down 12% in the last day alone. With all Render Token (RNDR) technical indicators showing strong sell signals, many investors are dumping the Render Token (RNDR) as analysts forecast it could slump to $1.60 soon.

Yachtify (YCHT) Presale Brings Excitement Among Global Investors

Yachitfy will bring something never-before-seen – an exclusive yacht club built on the Ethereum blockchain where users may purchase, sell, trade, or auction fractionalized NFTs backed by luxurious real-world yachts, jet skis, and speed boats!

Every investment choice will be minted into an NFT (100% asset-backed), then fractionalized on the Yachtify platform. With the help of fractionalization, more investors can essentially become fractional owners of a real-world high-end yacht by buying a fraction of an NFT, which may go for as low as $100!

Yachtify will also rent out or sell real yachts, which will be stored in safe ports worldwide, to high-net-worth individuals. All of the income that will be generated will then be redistributed among those who hold the NFT that represents the yacht – the higher percentage you own, the more passive income you will gain!

Currently, Yachitfy is in Stage One of its public presale and has a value of just $0.10 but do not hesitate! Experts are incredibly bullish about this project, seeing it rising to $0.50 by the time its presale finishes. Additionally, the Yachtify team will lock liquidity forever while SolidProof has already performed an audit of the token smart contract – no chances of rug-pulls or scams present!

Sign up for the Yachtify presale now if you would like to obtain discounts on trading, storage, and maintenance fees, plus earn a 30% bonus with every purchase!

Join Presale: https://buy.yachtify.market

Website: https://yachtify.market

Telegram: https://t.me/yachtify

Twitter: https://twitter.com/yachtify_market

Tekedia Mini-MBA Edition 10 Graduation Meetups [photos]

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