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Nigeria’s New Empires Are Being Built and Tech Will Drive The New Wealth

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The largest financial institution in Nigeria is not a bank. That startup can buy the two largest banks in Nigeria and still have change. The one which comes after it processes US$12 billion monthly. From financial services to logistics, Nigeria’s largest logistics startup can buy the top five traditional logistics firms conveniently. This redesign cuts across industrial sectors and domains. While it takes decades for some financial institutions to hit one million users, Tekedia Capital portfolio startup, Touch and Pay, did from 1,000 users to 3 million users in three years.

Good People, by 2030, I expect 80% of the richest Nigerians to have made money from technology. Nigeria is having its finest cambrian moment on the formation of enduring companies. The last time we were this bold, on entrepreneurial capitalism, was in the early 1990s when some of Nigeria’s current  leading banks were established. 

The 1990s gave us the new generation banks. The 2000s brought voice telephony. The 2010s ushered mobile internet. The 2020s would deliver the era of application utility across industry sectors and market territories.  

We will see software systems change the ordinance of markets by “eating” frictions along the way. From education to healthcare, from financial services to logistics, and beyond, it would be exciting. The empires of the future are being built. That was the reason I founded Tekedia Capital and today we hold positions in dozens of companies. 

As exits begin to happen from 2026 looking at the curve, a new generation of business leaders will emerge in Nigeria. In the next coming weeks, we will open the next cycle of Tekedia Capital Syndicate; I invite you to come and learn about the companies I am investing in. We invest $$millions yearly to seed and empower these builders, innovators and category-king agents.

We’re making it easier for citizens, groups, investment clubs, companies, organizations, etc to own a piece of early-stage, high-growth technology startups operating across Africa.

Our opportunity antenna and grassroot connections with innovators enable us to see patterns as they develop. We invite you to partner with us as we nurture and build category-king companies in Africa and beyond, and in the process advance citizens, communities and nations.

At Tekedia Capital, we fund the foundations of the NEXT African economy through entrepreneurial capitalism. A  membership fee which covers 4 investment cycles (we typically do 2-3 cyclers every 12 months)  of $1,000 or Naira equivalent IS REQUIRED; click and join today.

Meta CEO Mark Zuckerberg Increases Spending on Personal Security Amidst Cost Cuts

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Meta CEO Mark Zuckerberg has increased spending on his personal security and that of his family to $14 million (S$18.7 million ) in 2023, up from US $10 million in the past few years, amid cost cuts at the company.

Meta stated in a recent filing that the increased allowance together with the costs of the CEO’s existing overall security programme was appropriate and necessary under the circumstances.

The move comes at a time when Meta has laid off thousands of its workforce as well as significant cost cuts at the company in what Zuckerberg dubbed 2023 as a “year of efficiency”.

With a $1 basic salary and no stock based rewards, the majority of Zuckerberg’s income was made up of security expenditures. While Meta disclosed the budget is $14 million, it stated that it will probably spend much more than that to provide security to Zuckerberg and his family.

In 2021, the company spent over $15 million on costs associated with the protection of its CEO while he was at home and on personal business. It is interesting to note that Zuckerberg in the past has been faced with scrutiny for spending more on security than comparable technology executives. In 2021, Meta spent over $26.8 million on security-related expenses. In a recent filing, the company revealed that its CEO, Mark Zuckerberg receives an annual salary of US$1 and does not receive any other compensation.

In it’s fourth quarter (Q4) result, Meta surpassed revenue expectations, bringing in $32.2 billion. Number of Facebook users also managed to inch up in the last quarter with the platform hitting 1.98 billion daily active users and 2.96 billion monthly active users as of September 2022.

Those gains combined with Meta’s aggressive cuts and its promise of an efficient 2023 drove stock prices up around 15% in trading after-hours. Meta took a notable beating in 2022’s market turndown, losing as much as 60% of its value over the course of the year.

In its Q4 earnings call, the company’s CEO Zuckerberg therefore revealed that Meta will be very proactive about cutting projects that aren’t performing or may no longer be as crucial. The tech giant is also reducing spending as it builds new data centers that are intended to be more efficient while still able to power the company’s various artificial intelligence technologies.

He therefore revealed that the management theme for 2023 is the ‘Year of Efficiency’, noting that the company will be focused on becoming a stronger and more nimble organization. Zuckerberg’s commitment to cost cuts and efficiency is a sign that increasing profitability is important to Meta, which was known as a growth machine prior to last year’s slump.

Meanwhile, recent reports reveal that Facebook’s parent company Meta has delayed finalizing the budgets of the teams at multiple levels, as it prepares for a fresh round of layoffs.

Here’s What Makes Hedera, Elrond and Big Eyes Coin Must-Have Tokens In The Ongoing Bear Market

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For a long time now, the ongoing bear market has been all anyone within the cryptocurrency industry has been able to talk about. Beginning in the summer after crypto markets crashed unexpectedly alongside the global financial market, the bear market ravaged the industry, forcing many of its members to adopt more unorthodox approaches in order to ensure the safety of their crypto assets. One such approach is long-term cryptocurrency investing which is great in situations such as these as it allows cryptos to accumulate profits over a long period while staying free from the harsh realities of the bear market. 

Now, only a month into the new year, the cryptocurrency industry is experiencing a rare pump that has allowed many of its top-ranking members to recover in the crypto market. Popular cryptos, such as Bitcoin (BTC) and Ethereum (ETH), are gradually recovering and appear to be on an upward trajectory. The current climate within the industry is very positive, making it an ideal period to prioritize crypto investments. Here are some cryptos that could yield massive returns in the ongoing bear market for you – Hedera (HBAR), Elrond (EGLD) and Big Eyes Coin (BIG).

Hedera (HBAR) Bringing Sustainable When Its Most Needed

Hedera (HBAR) is one of the few crypto platforms that can be described as a sustainable, enterprise-grade public network for the decentralized economy within the cryptocurrency industry. Since its launch, the platform has become reputable for providing an ideal environment that allows individuals and businesses to create powerful decentralized applications (dApps).

Its native cryptocurrency, HBAR, is the fuel that powers its ecosystem. HBAR provides utility and facilitates several crypto operations within the Hedera ecosystem, such as smart contracts, file storage, regular transactions, network governance, user interaction and payment fees. The token is available on top crypto platforms within the industry, such as Binance and Coinbase.

Elrond (EGLD) The Usain Bolt Of Transaction Speeds

Elrond (EGLD) is a notable blockchain-based protocol within the cryptocurrency industry. Since its launch, the blockchain platform has become synonymous with sharding, a technology that it uses to offer extremely fast transaction speeds. This has led to it gaining a reputation within the cryptocurrency industry as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things (IoT).  Some other notable features of the Elrond (EGLD) platform include its smart contract execution, speed and performance, and it is reportedly capable of handling up to 15,000 transactions per second (tps), with a six-second latency and a $0.001 transaction cost.

Its native cryptocurrency, EGLD, powers and incentivizes its ecosystem. The token is also responsible for facilitating several crypto operations, including network governance, user interaction and payment fees. EGLD stock is listed on top crypto platforms within the industry, such as Binance and Coinbase.

Big Eyes Coin (BIG) Breaking New Records On Presale

Big Eyes Coin (BIG) is an upcoming meme coin native to the Big Eyes crypto project, an initiative whose goals include the growth and development of the cryptocurrency industry. It also seeks to demystify Decentralized Finance (De-Fi) within the global community. Big Eyes Coin (BIG) is synonymous with several impressive features, such as a massive supply (one billion tokens in total) and a lack of transaction fees, all of which make it an ideal token for long-term cryptocurrency investing.

Big Eyes Coin (BIG) is currently on presale and has raised over $25 million. For more information on the token, click here.

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

What Traditional Traders must Know about TMS Network (TMSN)

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There is an increasing demand for trading platforms that can address problems that today’s traditional and crypto traders face during trading activities, such as frauds, scams, high-entry barriers, and execution delays. TMS Network (TMSN) has been designed to deal with these issues. The decentralized project aims to contribute to the evolution of our financial system by creating an open, accessible, and fair environment for investors of all levels. TMS Network (TMSN) is incredibly beneficial for traditional investors; let us explore how.

Understanding TMS Network (TMSN)

TMS Network (TMSN) is a blockchain-based trading platform, especially built to serve traditional traders. It leverages a public ledger that keeps track of every transaction made on it, and distributes it across connected computer networks worldwide. Thus, no one can alter or tamper with it. TMS Network (TMSN) uses smart contract technology to ensure that transactions are processed correctly and safely.

This blockchain-based trading platform keeps a record of every trade you make, and where to find it later. Thus, TMS Network (TMSN) provides traders with a record of all they purchased, sold, and traded in one place. It’s like having your own personal account at the bank where your finances are recorded, and can be accessed by you at any time.

Why is a decentralized trading platform important?

Most of us are familiar with centralized exchanges that are controlled by large companies, and often serve as an avenue for hackers to steal your funds. There has been a recent trend of adoption of decentralized platforms to help traders get away from centralized platform’s drawbacks. Moreover, low liquidity and huge fees in centralized trading platforms are deal breakers for many traders. Thus, decentralized platforms like TMS Network (TMSN) have great importance for today’s traditional traders.

Things traditional traders should know about trading with TMS Network (TMSN)

  • The platform allows TMS Network (TMSN) users to trade in CFDs, stocks, Forex, and cryptocurrencies.
  • It removes the need for any third-party approval for trades. Thus, traders can instantly withdraw and deposit on TMS Network (TMSN) via cryptocurrencies.
  • The platform is based on blockchain technology. Thus, all transactions are tamper-proof, secure, and transparent.
  • The absence of intermediaries in TMS Network (TMSN) significantly reduces transaction costs and process timings.
  • The platform has a user-friendly and intuitive interface, making navigation easier for first-time users.
  • TMS Network (TMSN) has no geo-based restriction on users.
  • Traditional traders with no prior knowledge of blockchain-based trading platforms can use the educational resources provided by the platform.
  • The decentralization system lets traders make their decisions, and take control of their investments.
  • Traditional traders can reinvest in the market with no hassle.
  • Faster transactions offered by the platform enable traders to act promptly to the market changes, and take benefit from real-time market opportunities.

Conclusion

Hopefully, you learned about how TMS Network (TMSN) works, which is an interesting blockchain innovation that offers solutions to centralized system’s limitations. It is an entirely new platform that seeks to offer an alternative to the mainstream market trading experience. The current price of TMS Network (TMSN) is $0.0047 in presale stage 1 and analysts predict it to be the next 100x token in early 2023.

 

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetwork

Twitter: https://twitter.com/tmsnetworkio

Monero (XMR) and HEX (HEX) Prices Show Little Movement, Orbeon Protocol (ORBN) Presale Sees The Sale Of 300+ Million Tokens

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Monero (XMR) and HEX (HEX) Prices Show Little Movement, Orbeon Protocol (ORBN) Presale Sees The Sale Of 300+ Million TokensOrbeon Protocol (ORBN) is nearing the competition of its presale, with more than 300 million tokens sold. While ORBN is seeing tremendous success, other cryptocurrencies like Monero (XMR) and HEX (HEX) are showing little movement.

>>BUY ORBEON TOKENS HERE<<

Monero (XMR)

Monero (XMR) is a privacy-conscious cryptocurrency, offering users absolute anonymity and discretion during every transaction. Monero (XMR) achieves this through its unique stealth addresses and RingCT technology, obfuscating all transaction data on the blockchain.

The Monero (XMR) ring signatures work by mixing a user’s transaction with other randomly selected transactions, meaning no one can determine which user is the sender or receiver. This makes it impossible to trace the transaction back to any specific person or group when Monero (XMR) is used.

Despite the impressive security features of Monero (XMR), it has seen little movement lately. In fact, the price of Monero (XMR) ‘only’ gained around 1000% during the 2021 bull run. While this sounds like a good return for Monero (XMR) holders, other cryptocurrencies experienced meteoric growth during the same period.

This drop in demand for Monero (XMR) has been attributed to its lack of mainstream adoption. Despite the impressive technology behind it, businesses and exchanges are still reluctant to adopt Monero (XMR).

>>BUY ORBEON TOKENS HERE<<

HEX (HEX)

Richard Heart launched HEX (HEX) in 2019, giving users the opportunity to gain high returns on their investments and maximize their financial earnings. By simply locking up their funds for a specific duration, HEX (HEX) users will be rewarded with an abundance of HEX tokens as interest.

According to the official HEX (HEX) website, HEX (HEX) users can gain an average return of 38% yearly. This is a massive return compared to traditional savings accounts, which offer less than 0.3% returns on average.

Despite the impressive gains HEX (HEX) offers, HEX (HEX) has seen little movement lately. This has been attributed to its lack of mainstream adoption and usage. While there are a few exchanges that list HEX (HEX), the crypto community is hesitant to invest in it due to a lack of knowledge and trust in the project.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is a crowdfunding platform that is leveling the playing field and giving everyday investors a seat at the VC table. The key USP of Orbeon Protocol (ORBN) lies in the fractionalized NFTs used to represent ownership of top-tier venture capital investments.

This fractionalization of equity on Orbeon Protocol (ORBN) allows anyone, regardless of their net worth or experience, to access top-tier venture capital investments. For startups, Orbeon Protocol (ORBN) means that they can access wider, more diverse pools of capital.

Orbeon Protocol (ORBN) also uses smart contracts to automate the entire process, from the onboarding of new capital to the payment of dividends or gains. For example, the ‘Fill or Kill’ mechanism will automatically refund investors if the preset amount of funds is not raised within a certain timeframe.

ORBN is the utility token used to exchange value within the Orbeon Protocol (ORBN) platform. Holding ORBN also comes with a number of perks, such as staking rewards, access to new investment opportunities and a say in how Orbeon Protocol (ORBN) is run.

The presale for Orbeon Protocol (ORBN) is close to reaching its capacity, so this could be the last chance to grab ORBN tokens for a discounted price. Next up on the roadmap is the official platform launch and exchange listings for ORBN, so the demand for ORBN should continue to rise.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register