DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4444

BEASTS Coin Looks Up to the Robust ApeCoin and Pepe Community; Here’s Why

0

The Pepe community is a wild ride of fun, vibrancy, and unbridled enthusiasm. They are the life and soul of Pepe Coin, leaving no stone unturned in their quest for attention. While meme coin presales often get a chuckle for lacking substance, BEASTS Coin is here to challenge that notion head-on. Taking inspiration from the triumph of Pepe Coin, including ApeCoin, BEASTS Coin rallies its community to dive headfirst into the thrilling space of meme coins and crypto. But how do they unleash the power of their community, capturing unwavering loyalty?

The Pepe Coin Community

Pepe Coin (PEPE) is a new meme coin with a community that is straight-up legendary! Their journey has been an epic rollercoaster of resilience and determination, all in the name of restoring integrity. But what makes this community truly stand out is its unbeatable spirit. It’s like they have an endless supply of motivation and drive that propels them to extraordinary heights!

And get this: They’re not about relying on fancy leaders or throwing big bucks at marketing. Instead, the power of the Pepe community lies in its diverse membership. We’re talking about super-talented artists, content creators, web wizards, and marketing geniuses who have teamed up to push this project forward.

Pepe’s unity and genuine camaraderie have caught the attention of big-shot investors and influential figures, including Elon Musk! And let’s not forget about transparency and security — major priorities for PEPE. But here’s the mind-blowing part: PEPE hit a jaw-dropping $1 billion market capitalization in less than a month! Dogecoin, the biggest meme crypto, took a whopping four years to achieve that milestone, but PEPE crushed it in no time!

A Swift Take on ApeCoin’s Dream Team

ApeCoin (APE) exemplifies the strength and impact of a passionate community. Known as “Apes,” these community members have wholeheartedly embraced the project’s vision and actively contribute to its development. They have created a thriving ecosystem with vibrant social media engagement, community-led initiatives, and unwavering support for the project’s roadmap. This inclusive and collaborative approach has fostered a deep sense of belonging, loyalty, and a shared sense of ownership among community members.

Breaking Free with the BEASTS Coin Community

BEASTS Coin is a new meme token with the aim of shaking the world of finance and igniting a revolution of community power. Well, within its first action is the recent unveiling of an epic referral program. The BEASTS Coin referral program is a golden ticket to the beastly revolt, where reaping some serious rewards are a needless question. They want you to bring your crew along for the wild ride, and they’re not holding back when it comes to saying thanks!

Here’s how it goes: You, as an existing member of the BEASTS Coin community, have the power to invite your connections to join the pack. When your referrals jump aboard the BEASTS Coin train and make their purchase, you get a sweet 20% bonus of the amount they buy straight to your USDT, ETH, and BNB wallets. And your friends who take the leap and join the BEASTS Coin community will also be gifted a 20% bonus of BEASTS tokens from the total tokens they initially earned!

Inarguably, their epic referral program plays a vital role in creating a vibrant community. By incentivizing existing members to invite others, BEASTS Coin fosters a sense of camaraderie and collaboration. All these and more prove that it has substance to back up its thrilling journey.

In Retrospect: The Power of Community

BEASTS Coin is a force mainly because it draws inspiration from the vibrant ApeCoin and Pepe Coin communities — all while forging its own path. The impressive performance of Pepe Coin and Apecoin highlights the significant impact of their dedicated communities. These communities have been instrumental in driving demand and activity for their coins.

With their unique concept, community-centric approach, and kickass referral program, they’re ready to shake things up and revolutionize the meme token landscape. Join the BEASTS Coin community, invite your crew, and let’s unleash the beastly revolt together!

 

Website: https://cagedbeasts.com

Twitter: https://twitter.com/CAGED_BEASTS

Telegram: https://t.me/CAGEDBEASTS

Beyond Twitter, The Meta Threads’ Risk to Instagram Engagement

1

Good People, I downloaded Instagram today. Logged in, and tried to find Threads, the Twitter-clone created my Meta. Within 10 minutes, I had deleted Instagram on the phone. It seems the thing does not have a web version. Since I hate mobile apps, it was not going to work for me.

So, you are not likely to find me there despite the 200 million users which I think is not technically correct. Also, there is no data which shows that the 200 million people migrated from Twitter to Threads. Rather, what happened was more people will stop using Instagram, spending more time on Threads.

If Instagram has about 2.5 billion users, I expect Threads to hit close to 500 million by the end of this quarter. But these are not Twitter users; most are Instagram users who see Threads as a new feature.

As an investor, I will not invest in the fact that Threads has 200 million users because it does not; what happens is that Instagram has a new feature which 200m people are using. More so, as that new feature becomes popular, most of those users will stop using Instagram.

The only way we can judge Threads if it was fully decoupled from Instagram, becoming a native and organic social media platform, instead of an add-on on Instagram. Today, when you login to use Threads, they will count you as an active user of Threads and Instagram; that is not how it works.

Good People, Twitter should be fine if it continues to execute. Threads is only going to cannibalize Instagram engagement because most of the users are not wholly dissatisfied Twitter users, but Instagram users who like a new feature! This is not to say that Twitter will not lose users. But Instagram will have lower engagement which may also cause trouble for Meta.

And the big one: do you think those photo-posting Instagram users can really engage in texts? Ask Google why it closed Google+. Twitter should focus on its fintechnolization strategy because that is the only way to  secure its future.

Elon Musk is his generation’s finest innovator: ”Twitter’s quest to become a payment company has taken its first major step with license acquisition. The company announced Wednesday that it has been granted money transmitter licenses by three US states namely: Missouri, Michigan, and New Hampshire.”

Today, Twitter as a fintech is born. As Meta (yes Facebook) is coming with Threads to challenge Twitter, the microblogging platform, Elon Musk has moved  on, understanding that the natural stable state of all digital platforms is fintechnolization: “a construct that every digital platform must have a maturity state of offering a fintech solution.“

Threads will have its users but Instagram may lose engagement if Threads succeeds.  Indeed, Mark can score a great goal and also allow a minor own-goal. Why? It is easier to monetize photos than texts! So, you are better off if those users are on Instagram, burning their hours!

Comment on Feed

Comment 1: And the romanticisation of Elon Musk continue, Prof., when will you call a spade a spade?, I know you like Elon Musk, but he made so many wrong decisions since owning Twitter ranging from firing the people who created the platform to become what it is, the builders, the verification monetisation, selected censorship, up until recently, limiting the number of tweets viewable by users under the pretext of precluding data scraping.

Note that, he did all of these things under the presumption that Twitter is king in its space, and it’s users are solidified. He def never saw Threads coming! The ultimate way to see Musk was shooked, and perhaps the beginning of destabilising Twitter’s dominance in text-based social media is the hurried cease and desist letter that Twitter engaged law firm sent to Meta.

I’m not a Meta fanboy, far from it. But we can’t continue to dispute the impact of Threads. It has over 1 million active users/profiles created within 30 minutes — the fastest in user generation post-launch of a public media platform. You have not accessed Threads, you only joined Instagram. You need to check Threads, and if you decide not to use Instagram to reach a wider audience, that’s 500 million active users you’ve said “no” to.

My Response: Thanks for putting your points. That is all that matters. I am not pro-anyone. Instagram is for photo-loving users; transitioning them to texts is not guaranteed, just like Google+ wanted to convert everyone in Google to use it. A real evaluation of Threads would have happened if it was a native app, without been tethered on Instagram.

At 200m Daily Users, Meta’s Threads Will Bring $8bn in Annual Revenue – Analysts

2

Threads, Meta’s new app is expected to yield billions of dollars in revenue for the social media conglomerate, following its user surge.

The app was launched by Instagram last Wednesday but has racked up 100 million users, becoming the fastest platform to cross the threshold within days. Threads beats OpenAI’s chatbot ChatGPT, which recorded 100 million users two months after launch, in speed.

The record in user numbers is expected to yield huge revenue for its parent company, according to Evercore ISI.

In an estimate reported by Bloomberg, Evercore ISI analysts led by Mark Mahaney said Threads will reach close to 200 million daily active users and generate about $8 billion in annual revenue over the next two years.

Based on data compiled by Bloomberg, the amount represents a portion of the projected average annual revenue of $156 billion that analysts anticipate Meta to generate in fiscal 2025.

While it is lower than Twitter’s $5.1 billion in sales and revenue during its final year as a public company, it still surpasses that figure. Meta, with over 3 billion active users across its various social media applications, amassed approximately $117 billion in revenue last year.

Meta CEO Mark Zuckerberg started a bitter rivalry with Twitter owner Elon Musk by making Threads a text-based social media platform – copycatting Twitter.

Threads’ boom is reportedly reducing Twitter’s user base as several tweeters, who had expressed their displeasure over how Musk runs the microblogging app, say goodbye and sign up on the Instagram-based app. But Twitter CEO Linda Yaccarino said Tuesday that the platform last week had its largest usage day since February, without providing details.

Twitter, which had 237.8 million users as of July 2022, has been beset by controversy since Musk acquired it in October last year. The company is threatening to sue Meta.

KeyBanc Capital Markets Inc.’s Justin Patterson agrees with Mahaney that Threads could bring in several billions of dollars in ad revenue for the Meta. But Patterson admitted that it “will be an immaterial contributor near term as Meta likely focuses on adoption over monetization.”

Meta, which saw a massive decline in revenue in the past two years, has begun to see growth, following changes and new products introduced by Zuckerberg. The company’s stock has more than doubled this year, rising as much as 2.6% to touch a 17-month high in Monday trading.

Months ago, Zuckerberg was quoted to have told employees that there is a need for another real-time conversations platform that is sanely run, throwing a jab at how Musk runs Twitter.

The CEO, who has been very active on Threads since its launch, said on the platform “It will take some time, but I think there should be a public conversation app with 1 billion+ on it. Twitter has had the opportunity to do this but hasn’t nailed it. Hopefully, we will.”

He said last week that Meta intends to achieve its aim by using the same approach for all its products. “… Make the product work well first, and then see if we can get it on a clear path to 1 billion people, and only then think about monetization at that point.”

However, given that OpenAI’s ChatGPT traffic has begun to drop off, Mahaney doubts if Threads will maintain the momentum for a long time.

“It will be interesting to see if Threads can maintain a reasonably robust growth rate and keep users engaged without meaningfully cannibalizing engagement on Meta’s other platforms, Facebook and Instagram,” Mahaney wrote in a research note.

Threads users mostly come from Instagram, which has more than 500 million users.

AI in Business at Tekedia Mini-MBA

0

In my Logic and Philosophy course in Federal University of Technology Owerri (FUTO), Rev Fr Prof Ashiegbu explained one of the most important postulations of Pythagoras: the universe could be explained by numbers. Thales, Heraclitus and other philosophers had different explanations, ranging from water, to fire. 

That lecture that day reminded me what happened in my first course in Physics in Secondary Technology School Ovim as Mr. Aham introduced us to the study of matter in relation to energy, focusing on Natural Philosophy, and linking all to mathematics, the beautiful science of numbers.

The convergence is here as AI brings those constellations together. If the world is made up of numbers, if you master, understand, and utilize numbers, in whatever you do, you will win. That is the game right now.

One of the finest in this domain of educating on how to apply AI in business will be in Tekedia Mini-MBA. Welcome Orakwe John to Tekedia Institute Mini-MBA 

Lagos Leads As Nigeria’s Capital Importation Witnessed 6.78% Increase In Q1 2023

0

Capital importation into Nigeria dived in the first quarter of 2023, recording a 28% decline to stand at US$1,132.65 million, compared to the US$1,573.14 million recorded in Q1 2022, according to the latest report published by the Nigerian Bureau of Statistics (NBS).

But according to the report, capital importation rose from US$1,060.73 million in Q4 2022, indicating a 6.78% increase when compared to the preceding quarter.

“The largest capital importation during the period was received from Portfolio Investment, which accounted for 57.32% (US$649.28 million) of total capital imported in Q1 2023,” the NBS said.

Following that, other Investments accounted for 38.31% (US$435.76 million) of the total, while Foreign Direct Investment (FDI) contributed 4.20% (US$47.60 million).

Breaking down the figures by sectors, the banking sector received the highest inflow of capital with US$304.56 million, making up 26.89% of the total capital imported in Q1 2023. The production sector followed with US$256.12 million (22.61%), and IT Services with US$216.06 million (19.08%), the report said.

Analyzing the capital importation by country of origin, the agency said the United Kingdom ranked first in Q1 2023 with US$673.64 million, accounting for 59.47% of the total. The United Arab Emirates and the United States were the next significant contributors with US$108.28 million (9.56%) and US$95.36 million (8.42%) respectively.

In terms of investment destinations, Lagos state retained its position as the top destination in Q1 2023, attracting US$704.87 million, which accounted for 62.23% of the total capital investment in Nigeria. Abuja (FCT) followed with a value of US$410.27 million (36.22%).

Out of the 36 states and the Federal Capital Territory, only Lagos, Abuja, Adamawa, Akwa Ibom, Anambra, Ekiti, Ogun, Ondo, and Niger recorded capital inflows. This means that 28 states did not attract any capital inflows. Adawama attracted $4.50m, Anambra $4m, Ogun $2.09m, Niger $1.50m, Ondo $0.20m, and Ekiti $0.01m.

Examining the categorization of capital importation by banks, Citibank Nigeria Limited claimed the top spot in Q1 2023 with US$424.13 million (37.45%). Standard Chartered Bank Nigeria Limited followed with US$360.33 million (31.81%) and Stanbic IBTC Bank with US$151.85 million (13.41%).

The drop in capital importation has been attributed to the global trend of rising inflation, ripping through economies. The Co-Managing Partner and Chief Executive Officer, Comercio Partners Asset Management, Tosin Oshunkoya, noted recently that efforts by the central bank to manage Nigeria’s inflation [which stood at 22.41% as of May], are spooking investors.

“The ravaging trend of inflation across major developed economies has triggered hawkish policy responses such as interest rate hikes, which tend to spur capital repatriation from frontier economies such as Nigeria while discouraging foreign capital inflows into the local economy, particularly through foreign portfolio investments,’ he said.