Big Eyes, A Cat Coin Likely To Secure The Top Place Besides TRON And DAI

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February 15, 2023

In idioms, ‘the big eyes’ mean “a flirtatious look or gaze; a long look to get another’s attention.” Big eyes coin, a newbie to the cryptocurrency market, doesn’t deviate from this standard meaning. With big eyed cats on its tokens, the meme coin, Big eyes has been doing wonders by turning crypto-enthusiasts into investors. Crypto fortune tellers are already predicting that Big Eyes may outrun already established currencies in the market like TRAN and DAI.

How Big-Eyed Cats Are Catching Attention?

The ever-increasing large number of new cryptocurrencies in the market has made investors disregard new coins. But for the past few months, Big eyes coin has been doing wonders in its presale stage. The wide-eyed cat announcing its achievement, offers a cutely designed Big eyes’ web page creating curiosity in the market which ends up bringing more potential investors to the wallet of Big eyes.

So far, big eyes has raised USD 25.7 Million. With a clear plan consisting of 4 stages to launch, it has earned the investors’ trust. By sharing the White paper on its web page, Big Eyes assured transparency, and also ensured 100% security for those who invest. The sushi crew, NFT by Big Eyes, has also caught the attention of many who covet the exclusive stuff online. Big eyes also announced that 5% of its token will be kept in a charity wallet to preserve marine life. Investors can avail 200% bonus by using the promo code LAUNCHBIGEYES200.

Big Eyes Coin Boom Threatens TRON

TRON is a blockchain-based decentralized digital entertainment network where programmers or creators have full ownership of their intellectual property. In 2018, TRON launched its token TRX to aid its consumers and producers to develop decent revenue. TRON value shot up into the sky just three months after it was launched. The value saw a rise of almost 10, 000% to USD 0.225, but it has dropped steeply. Since June 2022, it has been struggling to rebound. Meanwhile, the originality and integrity of the team and technology have also fallen into criticism. Now the overwhelming reception for the new meme coin Bigeyes has further threatened the already struggling TRONS’ place in the top order.

How Big Eyes Coin Can Multiply Profit Than DAI?

DAI is an Ethereum-based stablecoin and was launched in the year 2017. The issuance and development of the DAI coin have been managed by the makerDAO, a decentralised autonomous organisation. The special feature of DAI is it is pegged to the USD. Hence, the value of the currency never changes much. The main purpose of the DAI coin is to act as a store of value. On the other hand, investing in Big eyes can give multiple folds of profit and elevate the market along with it.

The Wise Man’s choice!

Every man is the architect of his own fortunes. So, be a wise man who can turn his chance into good fortune. TRON and DAI have secured their place at the top in the past. In a matter of time, Big Eyes coins will join them too. Just click the link below to join Big eyes, a top-order community.

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

ChatGPT Provides Suggestions On How Jumia Can Improve As Company Reports Quarterly Results This Week

By

Ndubuisi Ekekwe

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February 14, 2023

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Jumia is going to release its quarterly results this week. Analysts are expecting a drop in revenue and a loss: “The Berlin-based company is expected to report a 2.1% decrease in revenue to $60.75 million from $62.05 million a year ago, according to the mean estimate from 2 analysts, based on Refinitiv data. *?Refinitiv’s mean analyst estimate for Jumia Technologies AG is for a loss of 58 cents per share.”

I went to ChatGPT and asked how Jumia could improve its business; below are suggestions. Of course, these are generic which can apply to any business.

I am watching how Jumia performs this week considering that it has changed management and did a major restructuring. If the company does well, that would be a WIN for everyone, since perception is part of the game in Wall Street. Indeed, a growth for Jumia is a validation of the Nigerian economy and amalgam of future startups which may like to list in New York. But if things do not change, many startups will remain frozen, out of the view of IPOs from Nigeria.

How is Jumia business doing?

As an AI language model, I do not have access to the current financial statements of Jumia, an African e-commerce platform. However, the company has reported both positive and negative financial results in the past. In 2019, Jumia went public on the New York Stock Exchange, and it was the first African tech company to do so. However, the company also reported a loss of $69.9 million in the same year. In 2020, during the COVID-19 pandemic, Jumia’s gross merchandise volume increased by 23% to $326.2 million, while its losses also narrowed to $50.5 million. Overall, Jumia’s business performance can be described as mixed, with both positive and negative results.

Any suggestion on how Jumia can improve its business?

As an AI language model, I don’t have access to Jumia’s data, but here are some general suggestions that could help Jumia improve its business:

Improve delivery times: Jumia could work on improving its delivery times to ensure that customers receive their orders quickly and efficiently. This could involve partnering with more reliable delivery companies or investing in its own logistics network.
Expand product range: Jumia could consider expanding its product range to attract more customers. This could involve offering more high-end or specialized products, as well as exploring new categories such as home appliances and electronics.
Increase customer engagement: Jumia could focus on improving customer engagement by offering personalized recommendations, loyalty programs, and social media campaigns to keep customers engaged and loyal to the brand.
Enhance user experience: Jumia could work on enhancing the user experience of its website and mobile app to make it more user-friendly and intuitive for customers to use.
Improve payment options: Jumia could consider offering more payment options, including cash on delivery, mobile money, and other digital payment solutions to make it easier for customers to complete transactions.
Improve customer service: Jumia could invest in its customer service team to ensure that customers receive prompt and helpful support whenever they have questions or issues with their orders.
Expand to new markets: Jumia could explore expanding its operations to new markets in Africa, where e-commerce is still relatively underdeveloped. This could help Jumia tap into new sources of growth and gain a first-mover advantage in these markets.

From Reuters:

Jumia Technologies AG is expected to show a fall in quarterly revenue when it reports results on February 16.
The Berlin-based company is expected to report a 2.1% decrease in revenue to $60.75 million from $62.05 million a year ago, according to the mean estimate from 2 analysts, based on Refinitiv data.

* ?Refinitiv’s mean analyst estimate for Jumia Technologies AG is for a loss of 58 cents per share.

* The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 3 “hold” and 1 “sell” or “strong sell.”

* The mean earnings estimate of analysts was unchanged in the last three months. ?

* Wall Street’s median 12-month price target for Jumia Technologies AG is $5?, above? its last closing price of $3.77.???

The Tony Elumelu’s “One African Entrepreneur’s Journey” Inspiring Message

By

Ndubuisi Ekekwe

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February 14, 2023

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I had made a nice presentation in a Harvard Business School program, and students in Wharton Business School invited me to join a panel. As I traveled from Boston to Philadelphia, my mind was set to listen to the keynote speaker for the event. Then, the moment came, and Tony Elumelu began to speak. He had titled his keynote “Perception & Reality: One African Entrepreneur’s Journey”.

The title of the presentation was not typical. He was a businessman, a banker, a magnate, but NOT an entrepreneur, I reasoned. Yes, the word “entrepreneur” had been built under the construct of an aspirational vision of overcoming challenges, in the process of building businesses, to fix frictions in markets. But when a man or a woman becomes super-successful, a new nomenclature becomes necessary. But the man is still using “entrepreneur” as he chronicled his beginning (the cowboy-34 year-old bank CEO), his ascension, and non-gravitational acceleration into the pinnacle of African business.

In Secondary Technical School Ovim (Abia State), we were taught Isaac Pitman shorthand (not offered in WAEC but my village heads hired outside tutors who taught us just in case for the future). I did not put a lot of effort into it, but nonetheless, I picked one skill: the ability to summarize any speech on the fly. This was my summary of TOE presentation:

(1) You need a vision (2) Match that vision with strategy (3) Hire the right people (4) Test, validate and scale (5) Confidence (6) Be open-minded (7) Build a brand (8) Have balance (9)Think broad, Take Risks (10) Society matters: “… he kept reminding the full-packed auditorium that if he could do it, that any of us could certainly do what he had done.” Read here.

(I will follow up later what happened after the publication and another lesson on business leadership)

Comment on Feed

Comment 1: So, a time comes when one outgrows being an entrepreneur?

My Response: Not really. But you would not expect a bank owner to say he is an entrepreneur. You never overgrow it of course. but I was not expecting it since most times, we use the word “entrepreneur” on the path to ascension, but when you have succeeded, we drop it. But when he used the word for himself, he reshaped my understanding of the practical real meaning of being an entrepreneur. Most times, we look at it to break at the attainment of financial success. But from his angle, it is usable as the pursuit of value through enterprise continues. Indeed, you can find success in banking, but you can become an entrepreneur in oil & gas and other sectors, as you begin to build to fix frictions in that space.

Comment 2: Entrepreneur for me is the business guy who refuses to acknowledge his ascension. Attaining business goals require periodic realignments, new business targets, new milestones to be met, new products to be tested. Thats why only men and women who consistently strive to better yesterday’s business accomplishments are termed Entrepreneurs.

My Response: Great insight there. This was indeed what TOE had in mind as he used “entrepreneur” instead of “businessman” which is typical

Ethereum Slightly Declines in Price After Release of January CPI Reports

By

Paul Ugbede Godwin

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February 14, 2023

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Since last month, the Ethereum Price has resonated in the fixed range spread from $1680 to the $1500 mark. With the recent sell-off in the crypto market, the Ethereum price has returned to $1500 support, trying to replenish the exhausted bullish momentum, $ETH is currently trading around $1549 per Ether.

However, the U.S. Bureau of Labor Statistics released January CPI as 6.4% causing mixed sentiment in the crypto market, with Ethereum declining in Price following Investors reactions on the latest CPI data.

The Ethereum coin daily time frame chart showed the formation of a cup and handle pattern. This is one of the famous bullish reversal patterns that showcase a sign of sustained recovery in the market. Under the pattern influence, the coin price managed to surpass a crucial horizontal price level that bolstered further price recovery.

This pattern formation consists of a U-Shaped Recovery which is the cup, followed by a minor consolidation or retracement called the handle. Thus, the ongoing consolidation in Ethereum price is the handle portion getting ready. By the pressure time, the Ethereum price trades at the $1509 mark with an intraday gain of 0.29%. However, over the past five days, the altcoin is hovering above the $1500 support trying to recuperate bullish momentum.

On a contrary note, a daily candle closing below $1500 will trigger a longer correction. However, The daily RSI Slope rising above the midline indicates the buyer’s confidence is returning to Ethereum. The long lower price rejection candle at $1500 indicates the buyers are obtaining storing support. The Ethereum price will trigger the aforementioned bullish pattern upon the breakout of the $1680 barrier. The intraday trading volume in Ether is $10.8 billion, indicating an 18% gain.

Apparently, The U.S. Bureau of Labor Statistics just announced January CPI as 6.4%, which is higher than the expected 6.2%. Just after CPI data was released, the Ethereum price showed huge price fluctuation, but by press time registered a 3.3% intraday gain.

Mike Konczal, Macroeconomic Analyst at RooseveltINST opines that the Jan ‘22 CPI report is Fascinating, lot going on under the hood you might not see from the headline numbers. After seasonal revisions, Inflation looks stuck in a 4-5% range, between where it was (6-7%) and its target, but there are cautious and optimistic signs underneath.

Over last several decades, core goods inflation is basically near 0 percent over time. This was a big argument, even from Powell, for ‘transitory’ in 2021 and onion now – with time, core goods inflation would settle back near zero. But what if it doesn’t, at least in 2023?.

However, as long ETHEREUM’s price sustains above $1500 support, the above-mentioned bullish pattern will remain valid, and so does its potential to raise a bullish rally above $1680. Interestingly, Polygon zkEVM Mainnet is the next chapter of Ethereum scaling, the Mainnet Beta for Polygon zkEVM is set to launch on March 27th, 2023. Polygon zkEVM is suitable for various use cases; DeFi applications, NFT, GameFi, and Enterprise applications, as well as payments any Dapp that is compatible with EVM can be deployed on zkEVM.

Trespass as established in Entick V Carrington

By

Stanley Alieke

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February 14, 2023

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On 11 November 1762, the King’s messengers; James Watson, Thomas Ardran, and Robert Blackmore led by Nathan Carrington, while acting on the instructions and orders of Lord Halifax, the secretary of state to the king broke into the home of Sir John Entick, a famous writer, who constantly write and publish seditious and defamatory things about the government.

The messengers broke into his home with “force and arms” and spent over four hours ransacking through his properties and searched all the rooms and destroyed some of his personal belongings in the process and then took away 100 charts and 100 pamphlets.

John Entickson sued the king’s messenger for trespass claiming £2000 in damages. In the king’s messengers’ defence, they claimed that they were duly sent by the government through the written warrant issued to them by the secretary of state to go and conduct a search in the plaintiff’s house, hence why they cannot be held liable for trespass.

The court held in the favour of the claimant holding that the secretary of state, Lord Halifax had no statutory rights to issue warrants of search, therefore, the warrant purportedly issued to the defendants was invalid and their action of breaking into the claimant’s house amounted to trespass.

The matter was presided over by Lord Camden, the Chief Justice of the common plea, while in his obiter the Lord justice made the famous pronouncement which has come to found the grounds and the rule of law as relating to trespass in the English common law, he stated inter alia, thus;

“The great end, for which men entered into society, was to secure their property. That right is preserved, sacred and incommunicable in all instances, where it has not been taken away or abridged by some public law for the good of the whole. The cases where this right of property is set aside by private law, are various. Distresses, executions, forfeitures, taxes etc are all of this description; wherein every man by common consent gives up that right, for the sake of justice and the general good. By the laws of England, every invasion of private property, be it ever so minute, is a trespass. No man can set his foot upon my ground without my licence, but he is liable to an action, though the damage be nothing; which is proved by every declaration in trespass, where the defendant is called upon to answer for bruising the grass and even treading upon the soil. If he admits the fact, he is bound to show by way of justification that some positive law has empowered or excused him. The justification is submitted by the judges, who are to look into the books; and if such a justification can be maintained by the text of the statute law, or by the principles of common law. If no excuse can be found or produced, the silence of the books is an authority against the defendant, and the plaintiff must have judgment”

The above obiter by Lord Camden also later became viewed as a general principle of restrictions of the powers of the government, hence; “the state may do nothing but that which is expressly authorised by law” this implies that the government must have the legal authority to interfere with the rights of an individual and cannot simply assert state necessity as a justification.

As a rule, established by the above case, if a defendant enters a claimant’s property without being invited by the owner of the property or lawful excuse or legal warrant, that defendant has committed a trespass against the claimant which is actionable in tort; it does not matter if the defendant is a law enforcement agent acting in the authority of the government, once it is established that the person in question has entered a property without a lawful excuse or a legal warrant, trespass has taken place.

Big Eyes, A Cat Coin Likely To Secure The Top Place Besides TRON And DAI