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3 Cryptos Under $1 Set For Gains In 2023: Sparklo (SPRK), Chiliz (CHZ), and Flow (FLOW)

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As we navigate through 2023, the dynamic world of cryptocurrencies continues to provide intriguing investment opportunities, even for those on a budget. Specifically, three tokens priced under $1 – Sparklo (SPRK), Chiliz (CHZ), and Flow (FLOW) – are capturing investor attention due to their promising potential for notable growth within the year.

These cryptocurrencies offer unique functionalities and use cases, from Sparklo’s innovative fractionalized precious metal trading platform and Chiliz’s pioneering fan token offerings, to Flow’s robust blockchain architecture for open worlds. This article delves into these three digital assets and explores why they are tipped for gains within the remainder of 2023.

Number 1 Promising Cryptos Under $1 for 2023: The Rise of Sparklo (SPRK)

Sparklo (SPRK), an innovative cryptocurrency priced under $1, emerges as a promising contender for potential gains in 2023. Sparklo is a unique project designed with long-term investors in mind, providing a fractionalized trading and investing platform that allows users to purchase precious metals such as silver, gold, and platinum with the SPRK token. As such, it presents an exciting, novel opportunity within the crypto market, marrying traditional commodity investment with digital finance.

Investor confidence in Sparklo is further bolstered by the robust security measures put in place by its development team. With liquidity locked for a century, investors can be assured of the project’s longevity and commitment to safeguarding user interests. Additionally, the team has received KYC certification from Block Audit Report, reinforcing their trustworthiness and dedication to transparency and regulatory compliance.

The Sparklo presale has generated considerable buzz among crypto enthusiasts. During this phase, SPRK tokens are being offered at an attractive price of $0.026 each. What’s more, the second stage of the presale includes a generous bonus scheme, rewarding participants with a 30% bonus on their purchases. This favorable pricing and bonus structure, coupled with the unique value proposition of Sparklo, offers a compelling case for prospective investors looking for promising assets under $1 in 2023.

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Chiliz (CHZ): A Promising Crypto Under $1 Set for Potential Growth in 2023

Chiliz (CHZ), a dynamic player in the crypto market, has caught the attention of investors in 2023 as it remains priced under $1 and is braced for potential gains. With a current price of $0.1051, Chiliz (CHZ) market capitalization stands impressively at approximately $732 million, showcasing its robust presence in the cryptocurrency sector.

Moreover, Chiliz (CHZ) has recorded a significant 24-hour trading volume of over $25 million, reinforcing its active trading scenario. The 24-hour volume-to-market cap ratio of 0.0343 further underscores the currency’s liquidity. The fully diluted market cap of around $934 million and a considerable circulating supply of nearly 7 billion Chiliz (CHZ) tokens indicate that Chiliz (CHZ) is a vibrant crypto asset with the potential for substantial growth in 2023.

Flow (FLOW): Under $1 Crypto Predicted for Substantial Gains in 2023

Among the cryptocurrencies trading below $1 and earmarked for significant advancement this year is Flow (FLOW). Flow (FLOW) currently trades at $0.7573, with an impressive market capitalization nearing $785 million, a testament to Flow (FLOW) solid stake in the digital currency realm.

Flow (FLOW) 24-hour trading volume is robustly over $10 million, indicating vibrant market activity for this crypto asset. Its fully diluted market cap is projected at approximately $1.09 billion, further strengthening its standing within the cryptocurrency marketplace. With a circulating supply of over 1 billion FLOW tokens, Flow (FLOW) presents a promising investment opportunity in 2023 for those looking to delve into undervalued cryptos.

Find out about the Sparklo presale using the links below

  • Buy Presale: https://invest.sparklo.finance
  • Website: https://sparklo.finance
  • Twitter: https://twitter.com/sparklo_finance
  • Telegram: https://t.me/sparklofinance

DeFi Faces Aave (Aave) Cash Turbulence, EOS (EOS) Dips as Sparklo (SPRK) Skyrockets

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This past weekend in the decentralized finance (DeFi) space was marred by a frenzy surrounding Aave (Aave) Cash, while EOS (EOS), a leading cryptocurrency, faced a market downturn. Yet, in contrast to these turbulent events, Sparklo (SPRK), a promising new project in the blockchain realm, exhibited remarkable resilience and growth. As Sparklo’s adoption rate soars, its investors are experiencing the benefits of this rising star in the crypto landscape, demonstrating the diverse and ever-evolving nature of the cryptocurrency world.

Sparklo (SPRK) Soars Amid Promising Presale

Sparklo (SPRK), an innovative digital asset tailored for long-term cryptocurrency investors, is gaining significant momentum. The recent presale of SPRK tokens, available at a highly attractive price of just $0.026 per token, is a contributing factor to the escalating interest. Investors see great potential in this platform, which provides a specialized fractionalized trading and investing platform for the purchase of silver, gold, and platinum.

Beyond its presale, Sparklo sets itself apart in terms of safety and security. The platform has locked liquidity for an unprecedented 100 years, indicating a commitment to longevity and stability. Moreover, the team has received KYC certification from Block Audit Report, an independent third-party verifier, underpinning their reliability. These factors make Sparklo a compelling investment prospect in the volatile world of cryptocurrency.

In the Sparklo ecosystem, SPRK acts as the payment medium for transacting precious metals on-chain. Additionally, it provides holders with governance rights, opening up the possibility of shaping the platform’s future direction. As the SPRK presale enters its second stage, users stand to gain a 30% bonus on all purchases, further heightening its investment appeal.

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Aave (Aave) Weather Chaos in the DeFi Space Over the Weekend

The decentralized finance (DeFi) sector experienced turbulence over the weekend, with Aave (Aave), a leading lending and borrowing protocol, encountering significant challenges. Aave (Aave) V2 update, introduced on Friday with the aim of adjusting interest rate calculations for certain assets across Ethereum, Avalanche, and Polygon, caused unexpected issues.

The new code of Aave (Aave) V2, meant to improve the protocol’s functionality, turned out to be incompatible with its Polygon deployment due to the formatting of the ReserveInterestRateStrategy function, according to security firm BlockSec. This Aave (Aave) error led to freezing specific assets, including USDT, BTC, ETH, and MATIC. While these funds, totaling over $100 million, remained secure, they became temporarily inaccessible. Users were, however, able to use other assets to uphold their positions and avoid potential liquidations. Similar to a complication encountered by Compound, another DeFi platform, last year, Aave (Aave) users will now have to wait for a resolution to this issue, which requires a governance process fix.

EOS (EOS) Faces Downward Pressure Amid Market Downturn

The cryptocurrency market has recently been marked by a general downturn, causing EOS (EOS), a prominent crypto, to face mounting investor apprehensions. EOS (EOS) has been grappling with numerous obstacles that have curbed its growth and acceptability, and the present market slump has brought these challenges to the fore, applying additional pressure to EOS (EOS) and its market contemporaries.

A central point of concern for EOS (EOS) revolves around its lack of true decentralization. The delegated proof-of-stake (DPoS) consensus mechanism, which originally held much promise, has resulted in a power concentration among a handful of leading block producers. This centralization fundamentally undermines the core objectives of blockchain technology, deterring investors looking for authentic decentralization. Moreover, governance issues have persistently plagued EOS from its inception, with unclear guidelines and accountability deficits leading to disputes within the community and among block producers. This flawed governance structure could potentially impinge on the EOS (EOS) ecosystem’s appeal, discouraging new user adoption.

Find out about the Sparklo presale using the links below

  • Buy Presale: https://invest.sparklo.finance
  • Website: https://sparklo.finance
  • Twitter: https://twitter.com/sparklo_finance
  • Telegram: https://t.me/sparklofinance

Play2Earn and Indie Games can be great Combinations

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Play2Earn is a term that refers to the concept of playing games that allow players to earn digital assets, such as tokens or non-fungible tokens (NFTs), that can be traded or sold for real money. Indie games are games developed by independent creators, often with limited resources and budget, but with more creative freedom and innovation.

Play2earn and indie games can be a great combination, as they offer players a unique and rewarding gaming experience, while also supporting the developers and their vision. Play2earn and indie games can benefit from each other by creating innovative and engaging experiences for players who want to have fun and earn money at the same time.

Examples of Play2earn and Indie Games

Splinterlands: a tactical card game where players can collect, trade and battle with cards that represent different fantasy creatures and abilities. Players can earn Splinterlands tokens (SPS) and NFT cards by playing the game and participating in tournaments.

CryptoBlades: a role-playing game where players can craft, upgrade and trade weapons, as well as fight enemies and bosses. Players can earn Skill tokens and NFT weapons by playing the game and staking their tokens.

Star Atlas: a sci-fi MMORPG where players can explore, conquer and trade in a vast galaxy. Players can earn Atlas tokens and NFT assets by playing the game and engaging in various activities, such as mining, combat, exploration and governance.

Alien Worlds: A game where players mine and explore different planets in a sci-fi metaverse. Players can earn TLM tokens by mining resources, completing missions, or battling other players.

Play2Earn games provide a new source of income for gamers, especially in developing countries where traditional jobs are scarce or low-paying. They empower players to own and control their in-game assets without intermediaries or centralized authorities.

P2E create a more engaging and rewarding gaming experience, where players can monetize their skills, creativity, and time. They foster a vibrant and diverse gaming community, where players can interact, collaborate, and compete with each other.

Challenges of Play2Earn games

Play2Earn games require a high level of technical knowledge and access to blockchain technology which can be daunting or costly for some players. They face regulatory uncertainty and legal risks, as different jurisdictions may have different rules or restrictions on crypto-related activities.

P2E are subject to market volatility and security threats, as the value and safety of digital assets can fluctuate or be compromised by hackers or scammers. They may have ethical and social implications, such as addiction, exploitation, or inequality, depending on how they are designed and implemented.

The Concepts of Negligence, Misrepresentation under Nigerian Law

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The Concept of Negligence under Nigerian Torts Law

The legal term “negligence” is quite constantly used in a wide variety of claims and courtroom disputes, but it derives its most original meaning as a Torts Law concept which will be the focus of this article. 

This article will be looking at :-

– The definition of negligence as a a Torts law concept.

– The elements of negligence.

– Special doctrines involved in negligence as a Torts law concept.

– The concept of damages as a legal consequence of negligence.

What is Negligence as a Tort?

Negligence is the failure or breach of a duty to exercise appropriate care expected in a set of specific circumstances which is legally punishable with reliefs that include but are not limited to damages.

What are the elements of Negligence?

The elements of negligence as a concept are :-

1). Duty :- Which is a legally required obligation to exercise reasonable care.

2). Breaches of Duty :- Breaches of duty in this context typically involve an act or omission.

3). Damages – which emanate from an act or omission constituting a breach of duty.

4). Causation :- The damage suffered being at reasonable face value a clear effect of a breach of duty constituting a causative factor.

What are the special doctrines involved in proving Negligence as a tort?

–  Res Ipsa Loquitur (a Latin maxim meaning “The facts speak for themselves”)  which states that:-

1). The incident involving damages does not usually occur without negligence.

2). The factors and circumstances leading to the damage suffered by the plaintiff were within the control of the allegedly negligent party.

3). There was no contributory participation in the damage by the plaintiff. 

-Negligence Per Se – This is negligence that exists by virtue of an act or omission being in violation of any relevant law governing a particular subject matter concerning that act or omission.

What exactly are damages as a consequence of negligence?

Damages are rulings of court usually in the form of monetary fines by way of compensation to the plaintiff based on a valuation of the harm done based on the equitable doctrine of restitution.

Damages can be either :-

Special :- For clearly ascertainable losses .

General :- Not easily valued in monetary or liquidated demand terms.

Punitive :- Aimed at specifically punishing the conduct of a defendant in the event of damages caused by very willful and sometimes malicious negligence.

The Concept of Misrepresentation Under Nigerian Contract Law

Among several factors that serve to invalidate a contract, one of the most fundamental remains misrepresentation, which as a contract law concept will be the focus of this article , particularly in the areas of :-

– What misrepresentation is.

– Factors that qualify a representation as a contractual term.

– Types of misrepresentation.

– Requirements for the establishment of misrepresentation.

– Remedies for misrepresentation.

What is a misrepresentation?

A misrepresentation in contract & torts law is a false statement or presentation of facts (which would otherwise be called a representation) made by one party to another party at the pre-contractual/negotiation stage which convinces the party to whom the false representation is made to enter into a contract. 

What are the types of misrepresentation?

A misrepresentation can either be :-

1). Fraudulent :- Made by a party with clear knowledge of the falsity of the representation made, usually with the intention to defraud the party to whom the representation is made.

2). Negligent :- Negligent misrepresentations are a default categorization which describes misrepresentations that are neither fraudulent nor innocent.

3). Innocent:- Innocent misrepresentations are made by a party which reasonably believes them to be true. 

What are the legal requirements that must be existent to prove a case of misrepresentation?

The requirements to prove misrepresentation are :- 

  1. An established duty to represent verified facts to a contracting party.
  1. A failure to satisfy this duty.
  1. A harm which must have resulted from a breach of this duty.

What are the factors that determine whether a representation has been made?

These factors include :-

– The reliance placed by one contracting party on a statement made by another contracting party.

– The reassurances advanced by a representing contractual party.

– The customary norms of the trade or service category forming the subject matter of a contract.

– The relative skillsets of the contracting parties.

Will Decentralized finance (DeFi) Shape Finance and Innovations?

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Decentralized finance (DeFi) is a fast-growing sector of the cryptocurrency industry that aims to provide financial services without intermediaries or centralized authorities. DeFi applications use smart contracts and blockchain technology to enable peer-to-peer transactions, lending, borrowing, trading, investing and more. DeFi has the potential to shape the future of finance and innovation by:

Offering greater access and inclusion to financial services for anyone with an internet connection and a compatible device.

Reducing costs and fees by eliminating middlemen and intermediaries that charge commissions or markups.

Increasing efficiency and transparency by leveraging distributed ledger technology and immutable records that can be verified by anyone.

Fostering innovation and experimentation by allowing anyone to create and participate in new financial products.

DeFi offers various benefits over traditional finance, such as faster transactions, lower fees, greater access, more privacy, and more innovation.

Decentralized finance (DeFi) is a revolutionary aim to transform the world of finance by creating a more open, transparent, and accessible system for everyone. DeFi will enable people to access financial services without intermediaries, such as banks, brokers, or regulators. This will reduce costs, increase efficiency, and empower individuals to control their own money.

DeFi will foster innovation and competition in the financial sector by allowing anyone to create and offer new products and services on public blockchains. This will increase the diversity and quality of financial options available to consumers and businesses.

DeFi will democratize finance by making it more inclusive and fairer for people who are underserved or excluded by the traditional financial system. This will improve financial inclusion, social justice, and economic development around the world.

DeFi will enhance the security and resilience of the financial system by relying on cryptography, smart contracts, and distributed networks. This will reduce the risks of fraud, corruption, hacking, and systemic failures that plague centralized institutions.

DeFi will facilitate cross-border collaboration and integration in the global financial market by enabling seamless and frictionless transactions across different currencies, jurisdictions, and platforms. This will improve liquidity, efficiency, and cooperation among various stakeholders in the financial ecosystem.

As DeFi involves new technologies and concepts that may have bugs, It is complex and experimental, vulnerabilities, or unintended consequences. DeFi is still a nascent and evolving field that faces many challenges and risks, such as scalability, security, regulation, and user education.

Some examples of DeFi infrastructure are:
Stablecoins: Cryptocurrencies that are pegged to a stable asset, such as the US dollar or gold, to reduce volatility and risk. Stablecoins enable users to store and transfer value on the blockchain without exposure to price fluctuations. Some examples of stablecoins are DAI, USDC, and Tether.

Smart contracts: Self-executing agreements that are written in code and run on a blockchain, eliminating the need for intermediaries and enhancing trust and efficiency. Examples: Ethereum, Solana, Cardano.

Decentralized applications (DApps): Applications that run on a distributed network and offer various financial services, such as lending, borrowing, trading, investing, and more. Examples: Uniswap, Compound, Aave.

Decentralized exchanges (DEXs): Platforms that allow users to swap one cryptocurrency for another without relying on a centralized entity or intermediary. Examples: Uniswap, Bancor, SushiSwap.

Lending platforms: Platforms that enable users to lend and borrow cryptocurrencies at variable interest rates without intermediaries. Examples: Compound, Aave, MakerDAO.

Synthetic assets: Assets that track the price of another asset without requiring the ownership or custody of the underlying asset. Examples: Synthetix, UMA, Mirror Protocol.

Oracles: Services that provide real-world data to smart contracts and DApps, such as price feeds, weather information, sports outcomes, etc. Examples: Chainlink, Band Protocol, API3.

Insurance: Services that offer protection against various risks in the DeFi space, such as smart contract bugs, hacks, or defaults. Examples: Nexus Mutual, Cover Protocol, Opyn.

Asset management: Services that help users manage their crypto portfolios and optimize their returns through automated strategies and algorithms. Examples: Yearn Finance, Zapper, DeFi Saver.