Snowfall Protocol (SNW) is scheduled to be implemented on February 3, 2023. The coin has become the most popular cryptocurrency of the season for crypto investors. However, its contemporaries such as Filecoin and Sandbox failed to inspire the same trust from its current and potential customers. So can  Snowfall Protocol (SNW) release revitalize Filecoin and Sandbox?

Let’s find out.

Why Are Filecoin (FILE) and Sandbox (SAND) Struggling? 

FileFilecoin (FILE) allows users to sell additional network storage on their servers, laptops and smartphones. Investors are of the opinion that while cryptocurrencies like Filecoin (FILE) offer large storage space, they do not have a user-centric use case. There are not enough NFTs or other assets to use the vast memory available. Filecoin (FILE)’s problems  are compounded by problems in its backend operations. OpenSea Storage is one of the largest Filecoin customers.

OpenSea has 17.6 million terabytes of storage space. However, OpenSea has seen a drastic decline in its user base. At the beginning of 2022, OpenSea recorded a transaction volume of 4.8 billion US dollars.

However, the value of the transaction  has now been reduced to just $159 million. That’s up from 97. Filecoin (FILE) price also followed the same move. It was around $236 in April and has now fallen to $2.99.

Sandbox

In 2021, the cryptoverse came alive with Metaverse startups. A new Metaverse popped up every week. Sandbox (SAND) hit its all-time high of $8.48 at the time. After that, it has experienced a steady decline.

Metaverse and crypto games were not as successful as the developers had hoped. Hence, crypto users have rejected the  concept of sandboxing (SAND). Investors currently buying crypto are looking for stronger use cases. As mature use cases emerge, cryptocurrencies like Sandbox (SAND) will have a harder time asserting themselves. The sale of Sandbox (SAND) is also likely due to investor concerns.

You can see that the larger ecosystems have sunk into crypto blocks and are taking shelter by abandoning metaverse platforms like Sandbox (SAND).

Snowfall Protocol (SNW) Continues To Make Strong Progress

Snowfall Protocol (SNW) has enjoyed positive investor sentiment since the pre-sale. This is mainly due to a strong use case and the vision of its developers. Snowfall Protocol (SNW) is an interoperability bridge. It offers its users a convenient way to transfer crypto assets and stocks. Its developers also want Snowfall Protocol (SNW) to become a crypto highway that allows users to switch between cryptocurrencies.

Investors are excited about the proposal. This is evidenced by the increase in the price of cryptocurrencies over the months. Snowfall Protocol (SNW) was pre-sold at $0.005, rose to $0.025 after Phase 1, and reached $0.075 at the end of phase 2 and surpassed $0.1 in sales in phase 3. Since it will be released in January, it will also work well for problematic coins like filecoin and sandbox. Snowfall (SNW) protocol will boost investor confidence. In addition, the interoperability bridge enables easy asset transfer between Filecoin, Sandbox and other cryptocurrencies.

Snowfall Protocol (SNW) is an incredibly useful blockchain that aims to improve the entire crypto ecosystem.

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

Memecoins are sometimes mocked by Bitcoin maximalists among others, but the wider crypto world does not always agree, with Apecoin (APE) currently ranking as the 32 largest crypto by market cap, and Shiba Inu, (SHIB) at 16. Importantly, both tokens offer utility, making them more than just a meme. ORBN, the token of Orbeon Protocol which has some interesting utilities of its own, is in the third stage of its presale, meaning that its market cap will not be revealed until it goes live at the end of January on Uniswap. This also means that ORBN offers the best likely chance of return on investment, with the potential to increase by 6000% upon launch.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN) to offer big gains for holders in January

Orbeon Protocol is a decentralized investment platform that aims to revolutionise the existing crowdfunding industry, by enabling retail investors to get a stake in early stage crypto, web2 and web3 companies, offering opportunities for big gains.

This is possible through the use of equity-backed, fractionalized NFTs available from as low as $1. The NFTs are minted by startups seeking to raise capital on the platform, and provide unparalleled access into the venture capital industry.

ORBN itself (Orbeon Protocol’s native token) is also offering the potential for a superb ROI as an early stage project, as it is currently for sale at $0.0362, and is expected to go live on the 30th of January with a minimum starting price of $0.06, with some analysts predicting an ORBN price surge up to around $0.24. ORBN has lots of utilities including governance rights, staking yields for passive income, access to special rounds of other presales and discounts on trading fees.

>>BUY ORBEON TOKENS HERE<<

Apecoin staking goes live, partnership with Flexa means US holders can now spend their APE at 45,000 location

Apecoin (APE) continues to innovate as the year comes to a close, with their staking rewards going live on December 12th.  This caused a surge in prices up to a high of $4.52 on the same day.  However as is usual with many DeFi staking programs, the rewards quickly dropped as the days progressed, and the Apecoin value fell as well.

The Ape Foundation (the base layer for Apecoin DAO) remained undeterred and surprised holders with an integration with Flexa, a payment app that allows Apecoin holders to spend their crypto at over 45k locations throughout the US. Given that the Ape foundation continues to innovate and that Apecoin will be the token of the metaverse Otherside, this dip could be a good moment to accumulate some Apecoin. Coinmarketcap users are predicting that Apecoin will hit the $4.33 mark by the end of the year. 

Shiba Inu (SHIB) teases the release of Shibarium, the foundation for its growing ecosystem.

Whilst Shiba Inu, like most cryptos, has declined in price this week due to the US central bank’s hawkish rate hike of 0.50 percentage points, it has outperformed Ethereum and many other cryptocurrencies, over the last 7 days. This may well be due to excitement and hype surrounding the release of Shiba Inu’s long anticipated ‘Shibarium’, a layer 2 blockchain solution which aims to optimise and scale the Shiba Inu experience, and become the foundation for the Shiba Inu ecosystem, including a dex, metaverse and game.

The release of Shiba Inu’s layer 2 was teased on Twitter with a new website being built to display the countdown. At time of writing, shibatoken.com was down, meaning we will have to wait a little longer to know exactly when Shiba Inu’s Shibarium will be released. Regardless, it is clear that the release of the solution will be beneficial for Shiba Inu.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

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

Telegram: https://t.me/OrbeonProtocol

The Independent National Electoral Commission (INEC) has said that the 2023 general elections may be canceled or postponed due to the current challenging security situation in the country.

The statement was made at the validation of election security training resources event, by the National Chairman of INEC, Mahmood Yakubu, who was represented by the Chairman, Board of Electoral Institute, Abdullahi Zuru, on Monday in Abuja.

“If the insecurity is not monitored and dealt with decisively, it could ultimately culminate in the cancellation and/or postponement of elections in sufficient constituencies to hinder declaration of election results and precipitate constitutional crisis,” he said.

Nigeria is grappling with an intense situation of insecurity involving acts of terrorism that has touched almost every part of the country. Recently, INEC offices across the country have been attacked, resulting in the death of its officials in some cases.

The presidential election is billed to hold on February 25 while governorship and national assembly elections will take place on March 12, according to INEC’s timetable.

Against the backdrop of insecurity, resulting in the incessant attacks on INEC offices and its staff, Yakubu has repeatedly appealed to the federal government to double its efforts on security to ensure that there is peaceful conduct of the election. He said security is needed if the electoral umpire is expected to conduct a free, fair and credible election.

However, Yakubu the Commission is working to beef up security to protect its personnel and electoral materials, asking security agencies not to allow insecurity to scuttle the coming elections.

“We all appreciate the fact that election security is vital to democratic consolidation through the provision of enabling environment for the conduct of free, fair, credible and inclusive elections and thus strengthening the electoral process.

“Consequently, in preparations for the 2023 general elections, the commission is not leaving anything to chance in ensuring that intensive and extensive security are provided for election personnel, materials and processes,” he added.

Yakubu said it is particularly significant to the Commission given the current insecurity challenges in various parts of the country and the fact that the National Youth Service Corps members constitute the core of the polling unit election officials.

“This must not be allowed to happen and shall not be allowed to happen,” he added.

However, his statement has been perceived by a large section of Nigerians with suspicion. It is believed to be a ploy by Muhammadu Buhari’s administration to remain in power beyond May 29, 2023, even though the president has repeatedly said he does not want to remain in office beyond his tenure.

Many have pointed to 2015, when Nigeria was also having serious security challenges in the north, but elections were held in most affected places due to security measures put in place by Goodluck Jonathan’s administration. They said the present government should do the same to see that elections are successfully conducted across the country.

A free press is an oil that greases the engine room of democracy but there is a problem it is associated with thereof. The problem with the unregulated press is the issue of false and fake news; 

We should therefore be careful when we scream for a free press because the original purport for the advocacy of the free press philosophy is to give citizens the ability and the freedom to express their opinions freely even if such opinion criticizes the government or other institutions without the fear of been persecuted or prosecuted by the recipients of such criticisms but when you begin to share or peddle unverified news or fake news, you are no longer under the canopy and therefore will not be permitted to seek protection under the free press philosophy.

Too much power or unregulated freedom to engage in any activity breeds anarchy, abuse of such freedom and lawlessness; unregulated social media usage and press have shown that although there is a solid advantage for a free press one of which is that it drives democracy; it’s associated disadvantage in exchange is making a mockery of the democracy it is driving. A free press has filled society with so much false and unverified news which has led to the loss of numerous innocent lives and properties.

For instance, a mischief maker can tweet, post or disseminate false information that there is chaos going on in Onitsha, Anambra state, claiming that the Igbos are killing all the Hausas residing there. Everyone knows what could happen as a result of this news; news of this nature tends to spread like wildfire despite the fact that it is false and unverified. As a ripple effect, it will cause chaos in a place like Sabon Gari in Kano state, Kano indigenes will launch an attack against the Igbos living there in the name of retaliating what the Igbos are doing to their brethren in Onitsha. This in turn will cause a tripartite reaction as the Igbos in Onitsha will then launch an attack against the Hausas living in Onitsha as a retaliatory measure.

 Boom; there goes a full-fledged tribal war. 

Before chaos like this could be quelled or countered that it was fake news it will be too late as many people must have lost their lives and nobody can pinpoint how it all started. 

We have seen incidents of this nature repeatedly happen and innocent citizens have lost their lives over false and unverified news. 

Having paid close attention to this issue of false news, I have come to find out that there are three categories of false news peddlers; 

The first category of people are those that are professional mischief makers or paid false news peddlers. They are propagandists and they have masterfully learned the craft of using false or fake news to sell some political or cheap propaganda. For instance; the news that was popular some time ago in Nigeria that the president of Nigeria is dead and the person presiding over the affairs of Nigeria as a president is an impostor from Sudan by the name of Jubrin was crafted by professional propagandists and they were able to promote and sell this false news, they ended up making the president of Nigeria less popular as that propaganda casted doubt in the mind of many Nigerians especially the semi-educated ones as to the true person of the president of Nigeria. This fake news and numerous others have been masterfully crafted by professional propagandists and sold to the general public and many believed it. 

As a side note;  at this juncture permit me to deflect your ego by informing you that so many news you have read or heard from some popular news blogs, radio and television stations or even from government-owned institutions and you believed them to be true were never true, many of such news were crafted to market some propaganda and sell some agendum. 

Micheal T. Stevens in his book, “The Art of Psychological Warfare; How To Skillfully Influence People Undetected And How To Mentally
Subdue Your Enemies In Stealth Mode”,  did justice to this topic of how governments and institutions peddle fake news to promote or sell propaganda or agenda to the masses. 

The second category of fake news peddlers are the social media clout chasers. They knowingly or unknowingly share fake news so as to attract attention and boast the visitors of their pages. 

The third category of fake news peddlers are the mentally lazy netizens and gossip mongers. They are too lazy to verify the news. Once it is coming from an account or a person they look up to they will therefore believe its authenticity, recraft the news and repost it or reshare it. 

You as a person who does not verify the source or the veracity of news before peddling it is also an enabler of false news and in the same vein guilty of all the harm false news has done to society. 

In as much as every protagonist of democracy and free society (including myself), advocate for freedom of speech and expressing one’s opinion but there should be strict regulation to such freedoms; only say or post what you are sure of and can verify; only repost what or peddle news you are sure of the source; if not there should be a strict punishment waiting for you.

The presidential candidate of the Labour Party, Peter Obi, has made a shocking revelation that the Nigerian Ports Authority (NPA) has an office in London.

The former Anambra State governor said NPA is the only port in the world that has an office outside its territory of operation. He made the revelation during The People’s Town Hall on Channels TV on Sunday, an interactive session with members of the public that he had in the company of his vice presidential candidate Datti Ahmed.

Obi promised to dismantle the current Nigerian port system if elected president: “Ports Authority is what I’ve followed. Are you aware that the Nigerian Ports Authority is the only Port Authority in the world that has an office outside its country of operation?

“They have an office in London, they even have a guest house in London. Can you believe it? For running a Port in Nigeria?!

“We are going to dismantle the confusion in Ports Administration and get this country to work,” he said.

Nigeria has been running a Lagos-based centralized port system for years, keeping other ports scattered across the country dormant – a situation experts say contributes to port congestion and high cost of clearing.

In 2020, the Minister of State for Transportation, Senator Gbemisola Saraki, said Nigeria runs the most expensive port in the West African sub-region, a situation she attributed to duplicity of functions by operators in the ports.

Obi, who is seen as a maverick in the Nigerian political system, said he would copy other countries that made massive progress running their ports. He cited China, which moved from its lackluster port operation to occupy the most prominent positions today.

He noted that 20 years ago the biggest port in terms of operations was Singapore, which currently holds the 4th or 5th position because it has been replaced by three ports in China.

“It’s not rocket science, the port is not difficult, Nigeria has so much port potential from Ibom to Port Harcourt terminal started by Shagari and still not fully operational,

“I will change it by bringing the private sector to build ports and manage it in collaboration with the government,” Obi said.

The two-term former governor has recorded massive organic support buoyed by Nigerian youths since he declared his intention to run for the office of the president. However, the implementation of his promise to dismantle the Nigerian port system depends solely on him winning the presidential election on February 25.