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Collateral Network (COLT) Presale Sees Strong Investor Interest, While Stellar (XLM) and Solana (SOL) Fall Further

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One coin that is currently generating a lot of excitement is Collateral Network (COLT). This is in contrast to other coins, such as Stellar (XLM) and Solana (SOL), which have been falling in value. But what’s driving the interest in Collateral Network (COLT)?

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT)

With Collateral Network (COLT), you can unlock the potential of your physical assets and access the funds you need without the burden of selling them. Collateral Network (COLT) offers a secure and efficient way to collateralize your  physical assets and mint fractionalized NFTs, allowing you to access loans in under 24 hours.

By fractionalizing collateral in this way, Collateral Network (COLT) enables loans to be broken down and serviced in smaller pieces, increasing liquidity and allowing for more loans to be granted. Collateral Network (COLT) is a particularly attractive proposition for small lenders and borrowers, who are often overlooked by traditional lending institutions.

In addition to this, Collateral Network (COLT) also ensures security through its smart contracts and decentralized protocols. This means that all transactions on Collateral Network (COLT) are validated on the blockchain, providing an added layer of trust and accountability.

The COLT token is an integral part of Collateral Network (COLT), as it will be used to pay transaction fees and access premium features. COLT can be purchased at $0.01 during the Collateral Network (COLT) presale stage, providing an opportunity for early investors to get involved in the project.

Stellar (XLM)

Stellar (XLM) is a decentralized blockchain network that facilitates fast, secure, and low-cost transactions between people and institutions worldwide. Stellar (XLM) was founded in 2014 by Jed McCaleb, one of the co-founders of Ripple.

The primary goal of Stellar (XLM) is to provide an efficient platform for cross-border payments, particularly in developing countries where traditional financial systems are lacking or inaccessible. Stellar (XLM)’s native cryptocurrency, XLM, is used as a means of payment and as a bridge currency for facilitating transactions between different fiat currencies.

While Stellar (XLM) posted huge gains during the 2018 bull run, Stellar (XLM) has since failed to regain the same level of investor interest. In fact, Stellar (XLM) is down more than 90% from the 2018 high of $0.93.

The Stellar (XLM) team needs to better articulate its vision and roadmap, as well as implement new features that can increase adoption.

Solana (SOL)

Solana (SOL) is a next-generation blockchain platform that enables near-instantaneous transaction throughput and low latency for decentralized applications. Solana (SOL) provides an ideal platform for developers looking to build high-performance applications with scalability and low transaction fees.

Solana (SOL) combines proof-of-stake and proof-of-history consensus protocols, which guarantee the integrity of data on the platform and allow for fast transaction processing. Solana (SOL)’s native cryptocurrency, SOL, is used to pay for transactions.

Although Solana (SOL) initially saw a surge in investor interest when it launched its mainnet in late 2020, the price of Solana (SOL) has since fallen sharply. This fall can be partially blamed on the wider market downturn, but investors may also be concerned about the FTX scandal that shone a bad light on Solana (SOL).

Solana (SOL) is currently trading below $21, representing a 92% drop from its peak value of $260. Experts suggest that Solana (SOL) will likely persist in moving horizontally below the $25 resistance point; however, a widespread bullish trend in the crypto market may enable the token to break this resistance and move higher toward $80.

 

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Thank you Amazon AWS

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Tekedia Capital and Tekedia Institute want to THANK Amazon AWS for a really long partnership we have enjoyed from one of the finest companies in the world. You have made our companies, and dozens of our portfolio companies better through your world-class support. I also appreciate the exceptional assist you extended today.

I thank the London team. I thank the Dubai team. I thank the Johannesburg  team. Great customer team. Thank you for always helping whenever we ask for help.

Thank you AWS; we’re building on the wings of the giant.

Rating: 5 stars. A+. Excellent.

Tekedia Unveils Internship Placements To Support Our Learners

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Greetings! We’re writing to share that Tekedia Institute has unveiled a new initiative to support our Learners. Over the last few quarters, we have placed many learners in local and global companies for internships (or industrial attachments). We have also taken time to examine the outcomes. The good news is that data does validate that value is created for learners through this process.

Consequently, we are opening the process to all learners who may be interested in part-time and full-term internships in companies. Tekedia Institute does not receive any financial benefit on this; we simply recommend learners, when companies reach out,  relying on Capstones, Homeworks, etc we have on file. For Tekedia Practice (agriculture, digital tech and new energy), an internship is already included in the program. A page has been created and we will be posting Internship opportunities therein.

Open Opportunity: we have a request from a United States-based neobank for PAID graduate interns. Go here and check if you qualify.

Meanwhile, for Companies looking for interns, we want to read from you; please email info@tekedia.com with your requests including role and qualifications, location (physical or remote), duration, compensation if any, and other necessary requirements like work permits. 

Finally, do not forget that registration for  the next edition of Tekedia Mini-MBA (June 5 – Sept 2, 2023) is ongoing and discounts for early bird registration are available here. Share with friends, associates, etc and ask them to register. The next edition is tagged “AI in Business” edition as the Institute will distill how businesses will position and win the future, which AI (artificial intelligence) is expected to anchor and power.

Have a great day!

Team Tekedia Institute

Boston, USA | Owerri, Nigeria

Meta Announces Plan to Use Generative AI to Create Ads For Companies

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Giant tech company Meta has revealed plans to use generative AI to create ads for different companies by the end of the year.

The company’s CTO Andrew Bosworth disclosed that a generate AI team has been created, and Meta expects to ship tools to create ads with AI that will help companies make different images for different audiences.

In his words, “I expect we will start seeing some of them (commercialization of the tech) this year. We just created a new team, the generative AI team, a couple of months ago, and they are very busy. It is probably the area that I am spending I’m spending the most time in as well as Mark Zuckerberg and Chief Product Officer Chris Cox”.

While Meta is expanding its focus beyond social media to encompass building the metaverse which is on the company’s long-term plan, it is no doubt seeking to generate more revenue following its plan to use generative AI to create ads.

Recall that during the company’s fourth quarter (Q4) call, the CEO Mark Zuckerberg disclosed to investors and employees that Meta’s management theme for year 2023 is the “year of efficiency”, hence, the company is focused on looking for more avenues to make more money and generative AI seems to be its next bet.

With machine learning, Facebook will deliver relevant AI-powered ads fast and effectively. Analysts disclose that use of AI to run ads improves a company’s return of interest (ROI) due to the fact that it lies in the fact that AI makes advertising data-driven.

Meanwhile, amid concerns that these could pose a threat to the digital space, Artificial intelligence and machine learning are nowhere near threatening digital business. On the contrary, they are making people’s lives a lot easier. Digital advertising is one of the things that AI makes more effective. That is why Facebook and Google have invested so much money and effort into powering their ad platforms with machine learning technology.

It is however interesting to note that Meta isn’t the only company experimenting with generative ads, as Omneky a startup that leverages OpenAI’s DALLE-2 and GPT-3 models to generate visuals and text, is also using AI to generate social media ads. The company wants to make online ads both cheaper and more effective thanks to recent innovations in artificial intelligence.

Meanwhile, while many fields have been automated in one way or another, creating ads is still mostly a manual process which requires human input. The commencement of the use of AI in digital advertising is totally worth it. Now advertisers can run highly relevant ads to grow Return On Advertising Spend (ROAS), and sales without constantly tracking the ad performance and fine-tuning the settings of their campaigns every day. 

Meta continues to shift its focus from the metaverse to artificial intelligence. The Facebook parent on Wednesday released a new AI model called “Segment Anything” that can identify and isolate individual objects within an image, such as a fish in an aquarium. The tool could be useful not just in photo editing and content creation, Meta says, but in fields as diverse as augmented reality and Earth studies. Meanwhile, Meta plans to unveil AI-powered tools later this year that will help companies create ads, Chief Technology Officer Andrew Bosworth tells Nikkei Asia. Key executives including CEO Mark Zuckerberg are now spending most of their time working on Meta’s AI efforts, Bosworth says.

Digitizing and Financing Agriculture in Africa – Tekedia Live

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It is time for agriculture and we have one of the finest young visionaries in the sector coming to teach us at Tekedia Mini-MBA Live. Blessing Mene understands agriculture, and through Vetsark Limited, he has touched lives and communities.

He has used technology to digitize the supply chain system, bringing transparency which has made it possible for capital to get to smallholder farmers and farming cooperatives. His mission is very impressive. We’ll learn a lot from him.

To register for the next edition of Tekedia Institute Mini-MBA, go here