DD
MM
YYYY

CATEGORIES

PAGES

DD
MM
YYYY

spot_img

CATEGORIES

PAGES

Home Blog Page 4224

Injective (INJ) Growth Stunning, Axie Infinity (AXS) Drop Continues as Sparklo (SPRK) to Become Top Altcoin

By
TI Partners
-
0

Many altcoins will face significant market pressure from Sparklo (SPRK) in the coming months as experts predict it will become a top altcoin. Its token presale is already a hot topic in the crypto community.

Elsewhere, Axie infinity (AXS) has suffered a significant price drop in the past few months – one that might worry investors. In sharp contrast, Injective (INJ) has recorded one of the best market performances in 2023. It has continually risen, especially in the past three months, when it came close to reaching the $10 mark.

Sparklo (SPRK) To Become Next Top Altcoin

Sparklo is a trading platform that focuses on markets for gold, silver, and platinum. Investors looking to own or trade precious metals will feel right at home with Sparklo. The platform offers low fees, high liquidity, worldwide access, especially to developing countries, speedy transactions, and on-time withdrawals.

Users will also enjoy safety and anonymity while trading on the Sparklo platform. One main benefit of Sparklo is the ease of management of an investor’s assets. Sparklo will mint NFTs for investors to represent the size of their assets.

The NFTs can be redeemed for the same amount in Fiat currency or traded on the Sparklo marketplace exchange. One thing users can be sure of when trading precious metals on Sparklo is high liquidity, thanks to the fact that anyone worldwide can access the Sparklo platform. In addition, its high-end blockchain technology will ensure that all payments and transactions will be speedy.

Sparklo is growing fast, and its value is rising. By the end of  April, Sparklo’s value will rise from $0.015  to $0.017. Like many investors, we believe that Sparklo will be a great investment. Furthermore, Sparklo offers a 30% bonus on all purchases, so now might be a great time to invest in Sparklo.

>>>> BUY SPARKLO TOKENS <<<

Axie Infinity (AXS)’s Price Drop Continues in the Past Three Months

Axie Infinity (AXS)’s performance in the past three months might be concerning to investors because of how sharply it dropped. Axie Infinity’s (AXS) price was around $11 by the end of January 2023.

The price then dropped sharply to $9.533, but it rose to around 11.8 in the first few weeks of February. It dropped sharply again and had no time to recover before it dropped to as low as $6 in March. It tried to rally back to $10, but Axie Infinity (AXS) didn’t make it above $9.2 when it dropped sharply again.

The next rally to $9 in the first few weeks of April was a bit impressive, but it was cut short in the final weeks of April. At the time of this writing, Axie Infinity (AXS) is trading around $8. Investors would not like the fact that Axie Infinity (AXS)’s volatility remains high.

Injective (INJ) Price Booms in The Past Two Months

Injective (INJ) have recorded a sharp rise since March. It was trading around $4 by the 2nd week of January. It then dropped to around $2.6 a few weeks later. In March, when many tokens witnessed a price reduction, Injective (INJ) skyrocketed from $4 to $9.33.

It corrected to around $6.8 for a few days before returning to around $8.2. Injective (INJ) is among the few tokens that have risen past their 2022 price levels. Injective (INJ)’s price boost in March coincided with the network upgrades it launched. The upgrades included changes to Injective (INJ)’s liquidity pools which remain a big part of their ecosystem.

 

Find out more about the Sparklo presale:

Website: https://sparklo.finance

Presale: https://invest.sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Stellar (XLM) and The Graph (GRT) Struggle as Sparklo (SPRK) Presale Worries Other Altcoins

By
TI Partners
-
0

The upcoming launch of Sparklo (SPRK) is expected to challenge the dominance of major altcoins as its presale buzz keeps growing fast. Its price is already expected to rise by the end of April. In other news, Stellar (XLM) has lost its bullish run in the past few weeks. It was rallying in March, but that momentum has greatly declined since the first few weeks of April. Furthermore,

The Graph (GRT) is pulling off a resilient show by holding on tightly to the $0.1 mark – a crucial point investors want the coin to maintain before the 2nd half of the year when the crypto winter will probably be gone.

Stellar (XLM) Sharp March Rally Cut Short in The Past Few Weeks

Stellar (XLM) was growing quite stably until March, when it peaked. Unfortunately, the past few weeks have brought a serious price correction for Stellar (XLM). It was trading around $0.07 at the start of 2023. Stellar (XLM) then embarked on a rally to take it close to $0.08. The rally was sustained until it dropped sharply in March.

From then on, Stellar (XLM)’s price rose again and reached $0.1. It stayed in that region for a few weeks before dropping back to $0.09.  One positive for Stellar (XLM) investors is that the coin’s overall performance in 2023 has been bullish. Perhaps, the price might rally again, especially as we approach the end of the crypto winter.

>>>> BUY SPARKLO TOKENS <<<

The Graph (GRT) Maintains The $0.1 mark

Popular blockchain data aggregator, The Graph (GRT) has held on to the $0.01 for the past few months despite a bullish but volatile performance. The Graph (GRT) was trading around $0.09 in the last week of January 2023.

The price then rallied sharply to $0.2 before returning to $0.1 a few weeks later. Since then, The Graph (GRT) has stayed in that prize zone despite significant value drops. The Graph (GRT) has been resilient in locking down some of the value it accrued in February. At the time of this writing, The Graph (GRT) is trading for around $0.13.

Alternative Investment Platform, Sparklo (SPRK), Set To Challenge Industry Dominance of Major Altcoins

Sparklo is an alternative investment platform with a unique focus on gold, silver, and platinum. Sparklo uses high-end blockchain technology to provide a simple, smooth way for investors to trade precious metals.

Sparklo’s users will enjoy higher liquidity, worldwide access to markets for precious metals, instant transactions, and withdrawals, coupled with some of the lowest fees available in the precious metals industry.

For example, Sparklo’s users will be charged around 0.1% asset management fee per year, whereas traditional asset exchanges for precious metals charge users between 0.5% to 0.7% per year.

Sparklo will also offer exceptional security and anonymity. At the same time, transactions will be public on the network to increase transparency. Investors will own NFTs that will represent their assets. They are free to trade these NFTs on the Sparklo marketplace exchange or to liquidate them for equal cash value. Investors who purchase a full NFT can have it delivered to their preferred location. Sparklo has announced that liquidity will be locked for 100 years while team tokens will be locked for 1000 days as a sign of assurance to new investors.

Sparklo’s presale is causing quite the buzz. Right now, the token costs $0.015 but will rise to $0.017 by the end of April. Investors who buy now will also enjoy a special 30% bonus on all token purchases. To find out more about the Sparklo presale, check the links below.

 

Find out more about the Sparklo presale:

Website: https://sparklo.finance

Presale: https://invest.sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Jevinik And What Nigerian Brands Can Learn from Chick-fil-A

By
Ndubuisi Ekekwe
-
0

Chick-fil-A, a fast food chain which makes chicken right, is blowing financial metrics.  The US-based fast food chain  is a revelation. It has a cheap fee to open a chain but it has a premium royalty. About 60,000 people apply for an outlet operating license but only 80 are selected yearly! This company which has the highest customer satisfaction in the fast food business, in the U.S, has built a Perception Demand. How did it do it? Focus on those who can make customers to become fans.

Yes, you just need to have $10,000 and if they pick you because you really like the business of serving customers, your outlet can generate $8.1 million in average yearly sales. And you do not need to be a person of means (with a big net worth); you just have to be the right person to run a restaurant and feed people!

Let’s move to Nigeria, focusing on Jevinik, a casual dining restaurant. It does not run a franchise model. Franchising is always challenging in Nigeria. They used that to destroy Mr. Biggs when lack of standards across the outlets affected the brand. Yet, franchising is going to become part of the future because it is the most efficient way to scale.

Tekedia Institute has developed a case study on Jevinik on the crosshairs of Chick-fil-A!

The Physics of Fundraising for a Business Venture – Tekedia Live

By
Ndubuisi Ekekwe
-
0

We just finished Tekedia Capital’s Startup DEMO Day. Part of the process is pitching to investors by startups. But before these startups come, Tekedia Capital has to “pitch” them before our members. Most times, before the Demo Day, many startups have raised on commitments all the money they want. Simply, we pitch their missions to our members.

Join me today at Tekedia Mini-MBA as I explain the physics of fundraising for a business venture. Here, we raise $$millions yearly and we understand what works.

Meanwhile, register for the next edition of Tekedia Mini-MBA. Beat the early bird which is coming on April 30 for big discounts, Register here.

Southeast POST – and Displacing the Irredeemable NIPOST with Regional Postal Services in Nigeria

By
Ndubuisi Ekekwe
-
1

One of Nigeria’s weakest links on its development is lack of logistics. Without efficient logistics,  the largest component of the nation’s GDP (agriculture) will continue to struggle. As nations transmute into the digital space, with ecommerce displacing and distorting old empires (superstores, mega stores), the promise of ecommerce in Nigeria remains distant and unlockable. Amazon directly and indirectly have knocked out many physical stores (Sears, BBB, Radioshack, etc) as commerce moves online.

Yet, without the United States Postal Service (USPS),  the ascension of Amazon will not have happened. The USPS is the operating system which enables it to serve rural America. Yes, it picks those packages and then drops them in the nearest local USPS, for nothing, which must now do the loss-making deliveries to the rural homes.

America wants it that way as it wants rural and urban America to operate on the same frequency. Any major change, rural America may not afford those online goodies because of high distribution and delivery costs. So, Amazon and other ecommerce firms rely on that “discount” to scale.

In Nigeria, we have not picked up that message that supply chain is commerce, and without that postal service, many sectors fade. The question is this: if NIPOST (Nigerian postal service) has failed, can regional economies come together and cement postal delivery partnerships since only intra-state may not be viable. Yes, build Southeast POST which covers the five states in the country, and enable the awakening of the comatose sectors! Northeast, Southwest, etc can do the same and later, they can integrate.

What do you think since NIPOST seems irredeemable?

NIPOST’s problem is not recording losses, but the fact that it is not working. Most postal systems around the world these days are strategic loss-makers. Yes, “the United States Postal Service (USPS) announced an annual loss of $8.8 billion for fiscal year 2019, more than double its annual loss for FY18. This loss, the largest on record, marks the 13th consecutive year the USPS has finished in the red.” Yet, if you examine the period when the USPS lost this amount of money, businesses actually expanded in the core domains it served. Largely, USPS losing money was not necessarily a bad thing as its functions were critical for most of those companies to thrive.

Possibly, for every $10 billion lost by the U.S. Post, it could be adding excess new $200 billion of value in the economy. For the United States, in general, that is a net positive. The USPS saw marginally revenue increase despite the match to global digitization, implying that it was powering core elements of that new redesign. Simply, Nigeria needs to decide the role NIPOST will play in our economy and that means reforming it. What we have now does not make sense.

Remember: NIPOST was not out-competed by anyone and changes in communication – indeed email – was not the fatal blow. NIPOST simply gave up because Nigeria failed to reform its systems.  That one company is a regulator and an operator, taxing its competitors, makes no sense in a modern market system. Operators are expected to contribute 2% of their annual revenue to NIPOST via the postal fund which does nothing of value to Nigerians. Which company can survive in a tight margin business like courier and  logistics?

Comment on Feed

Comment 1: Thanks Prof for highlighting this point.

The critical role supply chain play in driving all sectors of the economy is often neglected because it works smoothly at the background to make things happen hence often taken for granted.

Probably when the inputs and/or margins created through supply chain efficiency (and effectiveness) are always quantified in commercial terms (gains or lossed, whethe actual or projected), it will enable Governments and CEOs understand the value of compounding these Supply chain values.

Imagine trucks driving from Kano to Port Harcourt filled with agricultural products but return empty or half empty with people at the back. With appropriate planning that truck can deliver multiple values across towns via making minor stops to deliver and pick up goods for the next town.

With NIPOST now alomst comatose, the Government should look for avenues to outsource the use of NIPOST infrastructure to private sector actors that will add more value to the economy in the interest of the people and economy.

Thanks again for highlighting this point.

1...4,2234,2244,225...8,034Page 4,224 of 8,034

© Tekedia. All rights reserved.

Term & Privacy

© Tekedia. All rights reserved.

Term & Privacy