DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4400

What Are The Most Profitable Crypto Tokens For Novice Traders – Decentraland, Chiliz, and Dogetti?

0

The coin market is a harsh ecosystem. There’s no room for lack of training or skill. New traders usually get their wallets drained of funds during volatile markets. What’s more? Beginners may be unable to keep up with ongoings in the coin market. And that’s why they need all the help they can get.

This piece will explore the most profitable tokens on the coin market. You’ll learn about Decentraland, Chiliz, and Dogetti (DETI).

Decentraland: Purchase Land… In The Metaverse!

Decentraland is a unique token that stands out from several other options in the coin market. This project is represented as MANA. On this cryptocurrency project, you can purchase digital plots of land. This will give you access to features similar to the metaverse. You can interact with different people via this platform. When you purchase a digital plot, you can develop it. All the purchases and activities on this platform can be made with this native token.

Chiliz: Juventus, Barcelona, and Cryptocurrency

Chiliz is one of the best special-purpose tokens on the market. This token is represented as CHZ. This cryptocurrency is responsible for powering socios.com. On socios.com, you can buy sports tokens of your favorite team. The unique thing about the tokens is that they give you special access to benefits in your favorite team. Each team will decide the benefits they want to offer you. They may give you the ability to decide the lineup, choose celebration songs, etc. it takes sports followership to another level.

While Chiliz may be a special-purpose token, investors and traders see it as a reliable project. Today, you can buy CHZ on most of the popular crypto exchanges. When you consider how much investment has gone into this project, you’ll understand the potential level available to you. There are many popular teams on board with this project. These teams include Galatasaray, Paris Saint Germain, Barcelona, Man City, etc. This ecosystem is built on the Ethereum blockchain. Therefore, it has a strong backing behind it.

Dogetti: For All Things The Don And DeFi

Dogetti is a meme coin and one of the most intriguing tokens for any trader. This meme coin is inspired by the previous dog-themed coins in the meme sector – Dogecoin and Shiba Inu. While Dogetti has dog-themed graphics, it also has a mafia touch. This additional mafia touch is a great addition. It helps to differentiate it from its predecessors and creates a unique identity. What’s more? The developers of this token are committed to creating a completely transparent system. Every user in this ecosystem is considered to be part of a family. The developers have done this to create a sense of unity and togetherness.

Dogetti uses an ecosystem that stands out from the entire meme sector. This ecosystem is committed to rewarding crypto users. Dogetti charges a 6% tax fee on every transaction. It gives part of this money back to the community. Dogetti has an interesting utility – a decentralized crypto exchange. Here, crypto users will be able to swap ERC-20 tokens. Users don’t have to worry about liquidity when using this ecosystem because Uniswap powers this platform. DETI is the native token for this platform. To be a part of this ecosystem, you need to hold some DETI tokens.

Dogetti has a decent total token supply. There are 100 billion DETI tokens. This is lesser than you’d find anywhere else. This cryptocurrency is committed to having a strong community. That’s why they want to ensure that 50% of their token supply is available for the presale. Some portion of the maximum supply is going to be given to charity.

Don’t Forgetta ‘Bout It! For All Things Dogetti (DETI)

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

Generate Maximum Returns In The Crypto Market In Quarter One With These Three Altcoins – Uniswap, Algorand and Big Eyes Coin

0

It has been a very positive month for the cryptocurrency industry, and as we enter a new month, this might be the best time to purchase highly promising cryptos that can yield massive returns across an extended period of time.

Many of the industry’s largest crypto’s by market cap, such as Bitcoin (BTC), Ethereum (ETH) and Avalanche (AVAX), are experiencing positive movements in the crypto market, and this is stirring conversations as to whether the long and hard bear market might be finally coming to its logical conclusion. Nonetheless, the current crypto pump is enough reason for both seasoned pros and newbies to take a shot at highly-promising crypto for massive returns in the long run.

With many options to choose from, it is possible to encounter some problems when it comes to making a decision regarding which crypto to invest in amid the ongoing bear market. To that effect, this piece recommends three cryptos with the right qualities that could yield massive returns in the long run. Here’s all you need to know about Uniswap (UNI), Algorand (ALGO) and Big Eyes Coin (BIG).

Uniswap (UNI) Providing Solutions To Your Questions

Uniswap (UNI) is a decentralized finance (De-Fi) protocol within the cryptocurrency industry. Since its launch, it has developed a reputation within the cryptocurrency industry for providing an ideal environment where automated token trading services are available to members of the cryptocurrency industry. Uniswap (UNI) is a prime example of an automated market maker (AMM) and is notable for making token trading easily accessible and open to anyone within the global community in possession of cryptocurrency. Additionally, the crypto platform provides feasible solutions to several limitations within the cryptocurrency industry, such as liquidity and energy-efficiency concerns.

Its native cryptocurrency, UNI, powers and incentivizes its ecosystem. The token also facilitates several crypto operations, such as network governance, user interaction, payment fees and staking. UNI stock is available on top crypto platforms within the industry, such as Binance, Coinbase Pro, Uniswap (V2) and Uniswap (V3).

Algorand (ALGO) – Private Information Stays Private

Algorand (ALGO) is a popular self-sustaining, decentralised, blockchain-based network notable within the cryptocurrency industry. It is notable for providing an ideal environment that supports a wide range of secure, scalable and efficient applications. Algorand (ALGO) also possesses several impressive features, such as fast transaction speeds, low transaction fees and energy efficiency.

Its native cryptocurrency, ALGO, powers and incentivizes its ecosystem and is responsible for facilitating all kinds of crypto operations, such as network governance, user interaction and payment fees. ALGO stock is available on top crypto platforms within the industry, such as Binance and Coinbase.

Big Eyes Coin (BIG) – The Most Hotly Anticipated Coin Since..We’ll Ever

Big Eyes Coin (BIG) is an upcoming meme coin that is gaining a lot of attention within the crypto community for its attributes, an initiative that seeks to demystify decentralised finance (De-Fi) and lead the advancement and development of the blockchain industry. The Big Eyes Coin (BIG) serves as the project’s utility and governance token, facilitating several crypto operations, including user interaction and network governance. Alongside NFT functionality and their Sushi Crew forum for discussion on all things Big Eyes, the team continues to expand on its features and accessibility.

Big Eyes Coin (BIG) is currently on presale and can be purchased via the presale link on its official website. For more information on the token, click here.

Don’t miss an opportunity to claim a 200% bonus on your purchase on presale using code LAUNCHBIGEYES200.

 

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

BRIEF INSIGHTS: Between Technological and African Surveillance Practice

0
Source: Dreamstime.com

Surveillance capitalism was recently conceptualised by Shoshana Zuboff after she analysed a series of cases and found that technological companies monitor, track, and analyse people’s activities in order to generate profits. It is a phenomenon that has grown to unprecedented levels in the digital age, where companies such as Google, Facebook, and Amazon have used big data and analytics to gain insights into the behaviour of consumers.

The concept is actually not new to Africa and other continents where traditional practices take precedence over modernisation. The concept of surveillance capitalism has its origins in African occult practices. African occultism is a form of spiritual belief that involves the use of supernatural forces to manipulate events for desired ends. It has been practised for centuries, with practitioners using rituals, charms, and spells to influence people’s behaviour and gain power.

Similar to African occultism, surveillance capitalism is based on the idea of collecting data and using it to gain a better understanding of people’s behaviour. Companies use this data to gain insights into how consumers think, how they make decisions, and how they interact with products and services. This data is then used to develop marketing and advertising strategies that are tailored to the individual, as well as to create new products and services.

Before the emergence of technologies such as social networking sites and pre-colonisation eras, African traditionalists gained customers without spending much time or financial resources because the number of people who believed in them (diviners and herbalists) was greater than what is available currently. Modern religions have partially shaped the beliefs of many Africans. This does not mean that there are no people who still patronise traditionalists for various purposes.

Connecting this with technology use nowadays, it could be said that technological companies are also enjoying the same smooth path to gaining customers because people want to solve their challenges using objects, tools and machines that would deliver better outcomes in a jiffy. Everyone is producing socioeconomic and political data, consciously and unconsciously, on different platforms for developers and businesses for further commodification and commercialisation. This has really made surveying simple for both technological companies and African traditionalists.

Diviners and healers are now using various methods to create personalised digital profiles of their clients. This is similar to how digital surveillance capitalists create personalised digital profiles of their users in order to target them with personalised ads. Our analyst had experienced cases where traditionalists in south-west Nigeria sent incorrect credit PINs to mobile lines of potential customers and later called the lines, saying it was a mistake that they wanted to send it to their loved ones. If the receiver said the number had not been used and that they should send it to the right person, appreciation followed. However, some minutes later, a call will be made for continued appreciation and the possible offering of some of their traditional services to the person.

Generative XYZ Launches Bitcoin NFT Marketplace for Generative and AI Arts

0

Bitcoin Non Fungible Tokens [NFTs] are becoming a trend in the Crypto and NFT space; with this comes stimulations of different arts on the Bitcoin [BTC] Network. However, Generative XYZ is the latest addition to the Ordinals Bitcoin ecosystem, Generative is next generation art marketplace on Bitcoin network with the mission to bring generative art to every home. The burbles on Ordinals BTC NFTs feels like what NFTs on Ethereum mainnet did in 2017.

Rodarmor, a serial Blockchain Developer found a script on the Satoshi Core few weeks ago which precipitated the establishment of NFTs on the BTC Network. Basically the ERC-721 standard on Bitcoin Network allows you to “Inscribe” individual Satoshi’s with data known as the Ordinals Bitcoin NFTs.

On the 10th February, 2023 the first on-chain art platform Generative was created on the Bitcoin Network by Punk3700, thanks to Rodarmor’s Ordinals scripts. Announcing the release on Twitter Punk3700 noted that Ordinals is an amazing piece of technology.

Some weeks ago, people created over 70,000 inscriptions; but how do people buy and sell inscriptions before the Ordinals marketplace by Generative? — this can be done via Google Sheets OTC trades and of course it’s prone to security bridge and arbitrage.

Apparently in the first few days of it’s launch, over 100 independent artists have minted their arts on the Generative Bitcoin NFT marketplace with notable collectibles like; Temple of Digital Gold, Genesis Series #0, Timechain and UmweltAI sold out mints in few days of launch. What makes Generative unique is that its enables artist showcase their NFTs freely on the Bitcoin platform with no IPFS stored on chain.

Interestingly, the first ETHEREUM project that bridged Ether NFTs “On the Edge of Oblivion” to the Bitcoin Network is blowing up on Opensea. It’s interesting to note that Generative doubles up as an artist Community and market aggregator with no fees attached on its marketplace trading.

In previous weeks, there was no marketplace for buying and selling BTC NFTs, Bitcoin NFTs were subjected to OTC trading on spreadsheets— a high form of degen trading which ensued in 2017 with the NFT burbles. Six figures transactions were sealed on Discord and on Telegram. With the establishment of Generative, it is becoming a reality that NFTs is not meant to be dominated by one chain as the Blockchain provides endless opportunities.

Sean Bonner, Misanthropologist at SBDC wrote on microblogging platform Twitter that “Over the weekend we’ve seen several ordinals marketplaces pop up. I’m watching; Generative_xyz, BitCollOrg Trygamma Ordinali and a few others which have hinted at “coming soon” – very exciting to think there were no options this time last week”.

Necessity is the mother of invention, whoever comes up with the ability to buy and sell BTC, ETH and or both Ordinals and ERC721 or ERC-1155 NFTs on same Market Aggregator will be the long term winner. Generative Arts and AI inspired inscription on the Bitcoin Network is an autonomous system one that is non human and can independently determine features of an artwork that would require decisions made directly by the artist.

A few AI artists are leveraging on the Generative platform to showcase their generative artworks on the Bitcoin Network, projects like; ONE PROMPT by Tiny Wonc, Vertigo by Josemiguel are doing great trading and mint volumes on the platform as Ren AI NFT, an Italian Paint and AI Artist noted that we are witnessing Crypto Art history while launching his first Ordinal on Generative marketplace, ‘The Calling 1/1’ AI artwork of a series will follow all the major steps of Bitcoin NFTs.

NNPCL Laments Over N400 Billion Per Month Fuel Subsidy Payment

0

The Nigerian National Petroleum Company Limited (NNPCL) has decried the staggering amount of money it pumps monthly into fuel subsidy payments.

The NNPCL Group Chief Executive, Mele Kyari, said Friday that the Corporation’s cash flow is being severely impacted by over N400 billion it is paying monthly to subsidize Premium Motor Spirit.

Kyari, who made this known during the final cutover to NNPC Ltd from being a corporation, said the company is paying nearly double the price it sells to marketers. He said the payments, which cover 66 million liters per day at the cost of N202 per liter, are being financed by NNPCL even though there is provision for that in the Budget.

“Today, by law and the provisions of the Appropriation Act, there is a subsidy on the supply of petroleum products, particularly PMS imports into our country. In current data terms, three days ago, the landing cost was around N315/liter.

“Our customers are here; we are transferring to each of them at N113/liter. That means there is a difference of close to N202 for every liter of PMS we import into this country. In computation, N202 multiplied by 66.5 million liters, multiplied by 30 will give you over N400bn of subsidy every month,” the Punch quoted Kyari saying.

He disclosed that despite being budgeted for, the NNPCL has continued to fund the subsidy without refund from the Federal Ministry of Finance, Budget and National Planning.

“But there is a budget provision for it (subsidy). Our country has decided to do this. So, we are happy to deliver this, but it is also a drain on our cash flow, and I must emphasize this,” he said.

President Muhammadu Buhari unveiled the NNPCL in July last year, making the NNPC a limited liability entity in line with the provisions of the Petroleum Industry Act (PIA).

The goal is to make the Corporation a profitable commercial entity, generating revenue like its peers around the world.

“NNPC Limited will operate as a commercial, independent and viable National Oil Company (NOC) at par with its peers around the world, to sustainably deliver value to its over 200 million shareholders and the global energy community, while adhering to its fundamental corporate values of integrity, excellence and sustainability,” Buhari said.

However, under the PIA, the NNPCL also has the responsibility to ensure that there is enough supply of petroleum products in Nigeria.

“NNPC Limited is mandated by law to ensure Nigeria’s national energy security is guaranteed to support sustainable growth across other sectors of the economy as it delivers energy to the world,” Buhari added during the inauguration of the NNPCL.

Before it became a limited liability company, the NNPC was the sole importer of petroleum products in Nigeria. It previously was importing 90% of the PMS consumed in Nigeria before it took the role to 100% in 2017, due to forex strains curtailing marketers’ capacity to import enough for the country.

However, pumping PMS at subsidized rates while operating as a limited liability company stands against NNPCL’s prospect of being profitable, particularly in the face of rising oil prices.