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Stage Three Uwerx (WERX) Presale A Success As Space ID (ID) And SingularityNET (AGIX) Gains Attraction

By
TI Partners
-
0

Being privy to special events like launches and Initial Coin Offerings (ICOs) helps investors beef up their portfolios with great projects like Uwerx.

As Uwerx hits another milestone, many analysts are optimistic about its ability to surpass expectations and gain the status of already established and successful projects.

This article will highlight analysts’ confidence in Uwerx and why you should consider participating in the presale of this fantastic project.

Start Your AI Journey with SingularityNet (AGIX)

SingularityNet (AGIX) is a decentralized AI platform on the Cardano (ADA) and Ethereum (ETH) blockchains. It is the world’s first AI platform that lets developers create, share, and even monetize AI services and products on a large scale.

The network has done quite well, as it trades at $0.21. It has a global market cap of over $320.90M and a total circulating supply of 1.21 billion AGIX tokens.

SingularityNet’s (AGIX) ecosystem comprises 13 protocols that service all its components, including its custom coding language, Me TTa. The network plans to release the alpha version of its coding language by the end of 2023.

Even though analysts predict that AGIX tokens will be one of the most bullish tokens on the market, SingularityNet (AGIX) may still have a long way to go. The network hopes that Microsoft’s deal with ChatGPT will cement the future of AI and possibly increase its market value.

Strengthening DeFi Networks Through Space ID (ID)

In the past 12 days, Space ID (ID) has experienced a sharp decrease in user activity, with a 42.89% drop in wallet activities and transactions. Its current price has decreased below its 20 to 50-day moving averages. This performance could suggest a bearish trend in the coming months.

Space ID (ID) is a decentralized platform that aims to create a network of trading and management for Web3 domains. The developers behind Space ID (ID) designed it to improve stability and user ability within decentralized economies and applications.

Through its commitment to establishing Web3 applications across DeFi, Space ID (ID) aims to eliminate different products from multiple domains, help users understand and manage Web3 domains, and serve as a medium between decentralized structures and the digital world.

ID’s market value is $0.531, with a market cap of $160 million. Analysts say prices might reach $0.57 in the next 15 days. Despite its rocky New Year’s start, Space ID (ID) might experience massive profits by Q4 2023.

Uwerx (WERX): Integrating Blockchain Into Freelancing

The freelance industry estimates that over 76% of businesses are more likely to hire independent contractors over full-time employees. This stat indicates a positive trend in freelancing and might be a good sign for the yet-to-launch project, Uwerx. Uwerx has quickly become popular among cryptocurrency investors and will likely stay that way.

It aims to become the world’s first blockchain-based freelance platform to prioritize its users and services over profits. Uwerx has launched many successful campaigns and policies over the past few weeks.

With these campaigns, the platform hopes to pique people’s interest in the freelance market and eventually add more users to its fast-growing network. With stage four in progress, Uwerx aims to perform better than the previous three stages.

Initially set at 60,000,000 tokens, stage four token allocations have increased to 77,500,000, and a new stage five will feature 72,500,000 tokens.

The total presale token is 427,500,000, and with stages one, two, and three performing brilliantly quickly, Uwerx has beaten analysts’ expectations. The launch price has been revised from $0.09 – $0.11 to $0.095 – $0.115 to match the project’s success.

Uwerx’s presale allocation will increase by 12% to accommodate its growing demand as its founding members give up more of their shares to the project. All these changes are supported by the audit stamps from SolidProof and InterFi.

The Uwerx team have been working on its mega project, the Alpha version of the platform for a while now, and is glad to announce that it will be available by next week. The Alpha version will operate a transparent and easy-to-use interface.

Uwerx will likely rise to $1.76 by the end of Q4 2023 and $2.01 by Q2 2024. Investors’ security is guaranteed as the team will lock their developer liquidity for 25 years. These developers will also renounce their claim to the project’s smart contract once it lists on exchanges.

Before you go ahead with your next significant investment, you should consider Uwerx. While the successes of projects like Space ID (ID) and SingularityNet (AGIX) speak for themselves, they might need more time to keep up with the constant changes in the market. Uwerx is offering better, and you can become a part of its offering by following the links below.

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network

Sparklo (SPRK) Securing A Better Investment Plan Than Monero (XMR) and Stellar (XLM)

By
TI Partners
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0

In recent years, the use of cryptocurrencies as a form of substitute investing has grown significantly. The well-known cryptocurrencies are Bitcoin and Ethereum, but newcomers like Sparklo are increasingly making headlines in the market. The aspects of Sparklo will be examined in this article to show how they contribute to its status as a cutting-edge method of precious metal blockchain investment. 

Sparklo (SPRK) making precious metals available for investors

Sparklo, which was intended to allow low-income individuals to trade in precious metals like gold, silver and platinum, has made quite a stir in the cryptocurrency industry. The one-of-a-kind platform will allow traders and investors to invest and trade in NFTs backed by actual premium properties on a fractional basis.

The NFTs, backed by Silver, Gold and Platinum, are therefore fractionally minted by inventors; for individuals who purchase the entire NFT, the underlying asset can be sent to any given address. Additionally, the site will work with jewelry retailers to offer new products exclusively to investors at a discount.

During the presale of the Sparklo cryptocurrency, the SPRK token trades at a value of just $0.022 with an additional 30% bonus for early investors. Moreover, the platform has been audited by the InterFi Network and the team completed their KYC verification process. Liquidity will be locked for a total of 100 years and analysts predict an increase in its value by 1,500%. Click the link below to be an early investor.

>>>> BUY SPARKLO TOKENS <<<

Monero (XMR) at critical resistance as selling pressure intensifies

Digital currency Monero (XMR) is decentralized. Users can exchange Monero for products, services and other cryptocurrencies safely and affordably. When demand exceeds supply, the price of Monero (XMR) increases and when supply does so, the price declines. Additionally, Monero offers users the confidentiality and anonymity of their transactions. The secret nature of every transaction makes Monero (XMR) undetectable. Three important technologies—stealth addresses, ring signatures and RingCT—mask every transaction’s sender, receiver and amount.

Monero (XMR) has developed a reputation as a preferred cryptocurrency on the darknet due to its superior privacy and anonymity features to most cryptocurrencies, including Bitcoin (BTC). The price of Monero (XMR)is moving close to resistance. With a region of $152.57 as support and $155.57 as resistance. This puts Monero (XMR) in a position where it may face future selling pressures since it may be overextended. In the past week, Monero (XMR) cost has increased by 2.22%. Monero has fallen by 70.09% from its previous record high of $517.62.

Is Stellar (XLM) going up or its a bull trap?

The Stellar (XLM) payment network is powered by Stellar’s cryptocurrency, the Stellar Lumen (XLM). By enabling near-instantaneous and safe transactions between banks, payment systems and private users, Stellar (XLM), a cross-border transfer and payment system that links financial entities, seeks to integrate the global financial infrastructure. Stellar (XLM) seeks to connect money in the same way that the Internet-connected links systems worldwide to enable the free, worldwide exchange of knowledge.

Stellar (XLM) is not organized as a business or bank to achieve this aim while remaining impartial. In its place, a nonprofit organization, the Stellar Development Foundation, supports a distributed, open network. Recent market analysis shows that Stellar (XLM) has been less volatile than cryptocurrency. XLM has decreased 1.35% on Wednesday, reaching a current price of $0.0898. With a $33,355,369 trading volume over the past 24 hours. Stellar (XLM) maximum supply is capped at 50,001,806,812 XLM.

 

Find out more about the presale:

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

The Rule Creators, Enforcers and Breakers in Seun Kuti’s Police Assault

By
Mutiu Iyanda
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0

In keeping with our sociological analysis of some Nigerian musicians’ aberrant behaviour, our analyst reexamines Nigerian Twitter users in light of the categories of rule-makers and enforcers they recommended for policing the musicians. In another context, as Seun Kuti’s police assault continues to garner national and international attention, the article examines the creators, enforcers and breakers from the perspective of the netizens based on their tweets that indicate being moral entrepreneurs.

The two perspectives are examined using the theoretical position of American sociologist Howard Saul Becker, who teaches at Northwestern University. The sociology of deviance, the sociology of art, and the sociology of music have all benefited from Becker’s contributions. In 1963, he came up with the idea that “deviance is a consequence of external judgements, or labels, that modify the individual’s self-concept and change the way others respond to the labelled person. Becker grouped behaviour into four categories: falsely accused, conforming, pure deviant, and secret.”

Out of these four categories, our analyst notes that Seun Kuti and Portable’s recent behaviour aligns with pure deviant, which indicates “individuals who have engaged in rule-breaking or deviant behaviour and have been recognised as such. Then, labelled as deviant by society through moral entrepreneurs who could be on digital platforms or in physical settings.

Howard Becker’s sociology of deviance suggests that deviance is not an inherent characteristic of an act but rather a consequence of the social reactions to it. Therefore, in analysing the tweets about Seun Kuti, it is important to identify the rule enforcers and creators among the users and those they suggested outside  Twittersphere. The rule enforcers are the individuals or groups that have the power to enforce rules and punish those who violate them. In the case of Seun Kuti’s altercation with the police officer, the rule enforcers are the police force and the state. Many of the tweets express support for the police officer and suggest that Seun Kuti should be punished for his actions. These tweets reinforced the rules and norms established by the state, and as such, the netizens who expressed these views are also rule enforcers.

On the other hand, rule creators are individuals or groups who create the rules and norms that govern behaviour. In the case of Seun Kuti’s altercation with the police officer, the rule creator is society, which has been exemplified through various voices on digital platforms and in the physical sphere, and the cultural norms that guide behaviour.

Some of the tweets express support for Seun Kuti’s actions and suggest that the police officer deserved to be slapped. These tweets can be seen as challenging the rules and norms established by the state, and the netizens who expressed their opinions are rule breakers, a concept that Becker did not consider.

Overall, our analysis demonstrates the intricate interplay between societal norms and the laws and regulations of the state and how they influence how people respond to deviant behaviour.

Nigerian Telcos to Withdraw USSD Services Monday Over Banks’ N120bn Debt

By
Samuel Nwite
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0

Nigerian mobile network providers will stop their Unstructured Supplementary Service Data (USSD) to banks until the financial service providers clear a total of N120 billion ($259 million) debt they accumulated in about nine years.

The USSD is used by the banks to offer various services, ranging from money transfer to airtime purchase, to their customers – but has been a bone of contention between the telcos and the banks.

Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, told Bloomberg in a telephone interview on Monday that some banks will be disconnected as early as today (Monday).

The USSD has become key to Nigeria’s cashless policy since it was adopted, with a large section of the country relying on it to execute various transactions via mobile phones. The banks identified the USSD channel as a cost-efficient way of delivering financial services to their customers. Services provided by the banks constitute a minimum of 90% of the total traffic on the USSD channels, according to ALTON.

But as the number of users increase, the loggerhead between the telcos and the banks increase. The dispute had hung on payment of arrears and pricing model that the service providers failed to agree on. In 2020, the telcos moved to implement a N4.00 per 20-second session access to USSD services charge, escalating the dispute.

The association claimed that the banks paid its members as low as 0.85k per 20 second session to as high as N2 per 20 second session depending on the transaction volumes generated by the banks. But the banks in turn charged their customers for the same services between the range of N10-N50 depending on the bank and the service accessed by their customers.

The Central Bank of Nigeria and the Nigerian Communication Commission waded in as the dispute reached a boiling point, with the telcos threatening to withdraw the USSD services, alleging that the banks are ripping them off.

An agreement for a flat fee of N6.98 per transaction was brokered by the regulators, with a directive from the Minister of Communication and Digital Economy, Dr. Isa Pantami, that the telcos suspend their plan to charge subscribers since the banks are deducting the charges from customers accounts.

The telcos agreed to comply with the directive on one condition – the banks must pay their outstanding debt and must agree to remit subsequent charges in due time.

Adebayo said late last year that the arrears have risen from N42 billion to N80 billion, with the banks showing no readiness to pay. He indicated that the telcos’ decision to withdraw the USSD services is borne of frustration.

“We have engaged them severally but they refuse to do anything,” Adebayo told Bloomberg. “If we withdraw the service and they feel the impact, maybe they will come to find a way to resolve it.”

How Nigerian Banks Can Fix Transfer Failures and Eliminate Reversals

By
Ndubuisi Ekekwe
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3

As a former Systems Automation Engineer in a Lagos bank, I worked at the heart of the bank: maintaining the systems which kept the general ledger working. Interestingly, when I came to the United States, I noticed that we could do things differently from how we worked in Lagos. And if we follow along, we will fix most of the bank transfer failures and reversals which have become prevalent in the nation’s banking sector. Here is my suggestion which I have shared here many times:

In Nigeria, the bank debits you before the ATM dispenses money. If the seconds between debiting you and dispensing money, a technical glitch happens, you will go home with no cash even though you have been “paid” according to the bank’s general ledger. The same applies in electronic transfer, POS, etc. In Nigeria, it is Debit and then Pay.

In the US, they actually “lock” your money, put a temporary pending state, then pay before they debit you, making sure under no circumstances would you be debited with no dispensing of cash. For electronic fund transfer, there is a PENDING state (you see that in your online account) before any debit as the bank “warehouses” the fund, making sure the payer cannot re-use it.

Notice that it has already sent value to the recipient. Once it establishes the recipient has the value, it moves from PENDING to DEBIT. Where it is unable to deliver value, it aborts that process and returns money to the payer. By doing this, it cannot debit you without serving your purpose; a great system design which works irrespective of network speed. This whole thing takes a short time. And because of it, there is no need for reversal as a confirmation handshake is established with the recipient before you are debited.

We can learn from this, upgrade our system design and get over the failures, irrespective of where the weak links are localized. This system design works for slow and fast networks because it is agnostic of speed, being fully structured to be state-based which means one state has to finish before the next begins, with all happening in seconds.

Comment on Feed

Comment 1: Your explanation immediately made me think of the seven-layer Open Systems Interconnection (OSI) model, which is a conceptual framework that standardizes the communication functions of computer networks….
1. Physical layer
2. Data link layer
3. Network layer
4. Transport layer
5. Session layer
6. Presentation layer
7. Application layer

And how each layer is responsible for ensuring one task is performed theoretically without fail. Where the Data link layer (layer2) his provides error-free transmission of data frames between two nodes on the same network segment, layer 3 (network) manages the addressing and routing of data packets between different networks, and layer 4 (transport) provides end-to-end communication between applications on different devices. The other layers providing equally important tasks on their own to ensure packets are delivered as they were sent. If an error is detected a request to resend a packet is produced.

It seems so simple – <debit account> only after confirmation of <credit account> is established.

My Response: Absolutely – resilient by design. When you check all the layers, it seems like an orchestra where everything works as expected.

Comment 2: These are technologies our country, particularly the banking sector shouldn’t be hesitant to adopt. At least, with such, there would be an enormous decline in the inflow of complaints revolving around these issues…either physically or electronically via social media or emails. Prof, could be that the banks don’t have the necessary capital to harness this sophisticated technology(ies)?

My Response: They already have the technology. They just need to change the system design flow. This is not about tech. This is about system design. Nigeria operates from the angle of trust deficit – a key reason to debit FIRST before doing anything. But we can handle that with a Pending state.

A Simple Reconfiguration for Nigerian Bank Transfer Failures in POS, ATMs, etc to Disappear

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