DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4528

The DeFi market is up almost 40%, but who are the movers and shakers? A look at THORChain, Compound, and Big Eyes Coin

0

Decentralised finance is on a meteoric rise, as the market reaches a 38.26% increase as 2023 gets underway. The appeal of this type of finance is that it requires no third party to hold and ensure the capital, and the worth of the currency is based entirely on evidenced transactions recorded in a blockchain. A blockchain could be viewed sort of like a comprehensive diary of every digital transaction made on the server, to justify the value of the currency. The advantages of DeFi lie in its peer-to-peer structure, and its transparency to the consumer public.

In 2022 the DeFi market saw a lack of interest from investors, due to market crashes, bringing about the now notorious “crypto winter”. When the market is this volatile, DeFi coins are at risk of losing their footing. However, with exciting transitions such as Ethereum (ETH) merging, and embracing their proof-of-stake mechanism — using an incredible 99% less electricity than older methods — the DeFi markets are back in the high life again. With all that said, what are the coins to keep your eye on? Let’s find out.

THORChain (RUNE):

THORChain is up 2.52% with its conversion rate standing currently at 1 RUNE = 1.35 USD. One of the leaders in the DeFi market, THORChain precedes its reputation by boasting these impressive figures. A completely centralised way of investing, THORChain are looking to expand their services this year. According to their blog, the company are currently developing their “THORFi” project, which will afford loaning and saving opportunities for its users, as the culture of crypto mining grows steadily in popularity.

Compound (COM):

One of the biggest risks with DeFi is its vulnerability to hacking. As the space-age technology of cryptocurrency grows with each passing year, so do the sophisticated methods of digital theft and invasion. Compound is a cryptocurrency that really emphasises the importance of cybersecurity. Their round-the-clock development team and Discord community are hypervigilant about anything that may compromise the integrity of the market. Providing stability and clarity in what can often be a volatile and confusing marketplace is something that the crypto world benefits from massively, and companies like Compound are a heralded card in the deck.

Big Eyes Coin (BIG):

Big Eyes Coin is a much-hyped meme coin that is raising eyebrows in high places. The big names of crypto are starting to take notice as whales and market brokers begin to embrace this exciting, new altcoin. As well as having a friendly and meme-oriented approach to their branding, Big Eyes are also environmentally conscious, aiming to donate 5% of their community wallet to marine conservation charities after they launch. Currently in their presale stage, the coin is aiming to raise $20 Million in investments. They’ve already achieved well over half of that target.

Running on the Ethereum blockchain, Big Eyes also offers security and brand-name recognition. “Cuteness is the new currency” is their slogan, and this is validated by their array of cartoon NFTs that are available. Meme coins have a reputation for eschewing the sometimes rigid and formal environments of finance brokering. You’ve never seen money like this, and that’s exactly how companies like Big Eyes want it to be. The face of financial technology is ever-changing, and it’s the minds at Big Eyes who understand what direction things need to start heading. Welcoming, easy-to-use, and forward-thinking, Big Eyes is set to take the DeFi market by storm, as stocks sway favourably on an upswinging cradle.

 

For more information on Big Eyes Coin:

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

The Cat’s Meow of Crypto? A look at Big Eyes Coin and some of its fellow furry competitors Dogecoin and Shiba Inu!

0

Maybe you’re like me, and you’ve been out of the loop on this cryptocurrency malarkey for what seems like so long, you’re afraid it’s too late to jump in. This new, fluid environment and ecosystem can seem daunting to a newcomer, that’s for sure. Sifting through jargon terms like “blockchain”, “decentralisation”, and the slightly friendlier, “meme coin”, may appear exhausting at first glance, and potentially off-putting.

Fear not, reader. Much like real animals, it’s often the case that crypto-coins are more scared of you than you are of them. You see, while there are certainly a lot of frontrunners and major players in the world of alternative currencies — your Bitcoins and what have you — there is a whole colourful array of altcoins and meme coins that are finding their four feet, and braving first steps into the world. Many altcoins are the brainchildren of people just like you and me. We aren’t Wall Street bankers, stock market analysts, or wealth managers. Nor are we willing to be left behind as the world moves towards a more liberating, and personalised way of saving and using money. These crypto-coins want you, and you’re going to want them, if not today, then soon. The best way to step into this exciting landscape of endless possibilities? With a furry, feline friend at your side. That’s where Big Eyes Coin (BIG) comes in…

Big Eyes Coin – One life started, nine more on standby:

Currently in its “presale” stage, this meme coin is generating a lot of buzz. Why? Well, for a start, it’s hard to say no to little cats with big eyes, as you already know. While that might be enough for someone like myself, perhaps you need a little more in the way of convincing. So be it, reader… Big Eyes Coin boasts 200 billion tokens in its budding stages, and 80% of these will be reserved for the community. Furthermore, this altcoin is convicted in its goal to contribute 5% of all tokens to marine conservation charities in an effort to help repair the world’s oceans. It’s no secret that cats love fish, after all.

On top of their conscientious attitude towards this beautiful planet we’re on, Big Eyes Coin is special for another reason: it sells at under $1. This means your first foray into the world of crypto and investment doesn’t have to leave a dent in your dusty, obsolete wallet.

Dogecoin – Man’s best friend makes crypto a walk in the park!

One of the most instantly recognisable little faces on the whole internet, Doge had no intentions of being a well-trained house puppy and had dreams much bigger than his dog bed. Now the face of one of the most popular, easy-to-grasp meme coins out there, Doge is the new face of financial tech.

One of the top-ten altcoins in the world, Dogecoin prides itself on its user-friendly and accessible nature, just like a real doge. “Do only good every day” is the mission statement over at Dogecoin HQ, and along with a sustainable and reliable business model, Doge wants to maintain their ability to make people smile as they navigate the world of crypto.

Shiba Inu – There’s a whole litter of adorable dogs in the cryptoverse…

That’s right, Big Eyes and Doge have friendly, furry faces all around them in the altcoin playground, and just like in real life, the more animals , the better.

Shiba Inu (SHIB) is one of the leading altcoins on the market, currently ranked in the top 20 from around the world. Just a brief look into the coin’s history and you can see why they’ve commanded so much respect and adoration. Starting from a small, totally grass-roots online community of Japanese dog lovers, the mind behind Shiba Inu took a step ahead of the curve at just the right time, with a foresightful eye towards a prospective future where banking and finance were decentralised. A world where the power was put back into the hands of the people, and the paws of the pups.

If that doesn’t get your tail wagging though, then what surely will is the fact that Shiba Inu make use of the Amazon Smile service to ensure that a percentage of all purchases made through their payment link is given to the Shiba Inu Rescue Association, helping real shibs all over the world find somewhere warm and welcoming to lie down after a long day . After all, it must be exhausting being the adorable face of financial tech!

 

For More Information About Big Eyes Coin (BIG):

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Do not fear the competition

0

Most times, competition is not your main enemy as you build that start-up or the product. Your main enemies are the internal elements in your company which could affect flawless execution. Do not fret morning and night about competition because ideally for an African start-up, you do not have many competitors!

Yes, most of our industries are still at infancy with the incumbents largely operating at sub-optimal levels. So, when you focus on competition, you lose sight of how to innovate and make great products. (You should be aware of competition, but do not think they are there, to snuff life out of your business. That is not the case.)

Failing as an African start-up or a product is not necessarily because any competitor took you down. The likely major reason is that you could not execute to fix that friction you have established that company or product to solve. Yes, that insurance company is talking of competition in a market with less than 5% penetration rate in Nigeria!

Don’t fear the competition; fear your inability to execute!

The Problem is EXECUTION, Not Your Competitors!

Comment on Feed

Comment 1:  Great insight Prof! You’ve highlighted an important point that many African startups and new products tend to overlook. It’s easy to get distracted by competition and lose sight of our own goals and objectives, but this can be avoided by staying focused on our execution and innovation. Thanks for sharing!

Is ChatGPT Going To Replace Native Search?

0

ChatGPT is truly a groundbreaking AI technology launched by OpenAI in November 2022. ChatGPT is a chatbot which is built on top of OpenAI’s GPT-3.5 family of large language models, and is fine-tuned with both supervised and reinforcement learning techniques, But 99% of people don’t know how to harness its full potential.

The fastest-growing website, is gaining over one million daily unique visitors. The next Gen will use ChatGPT like this Gen uses Google perhaps, Data is the currency in the new economic order more and more, I don’t see any bad outcome from ChatGPT.

A1 is not going to replace humans, People who use A1 will replace those who don’t. Humans are amplified by technology not replaced by it. If you’re ever confused about a complicated topic… Log into ChatGPT and type:

“Explain [complex topic] like I’m 5 years old.” It’ll output a dead-simple, easy-to-follow response, It’s incredible for learning. Seemly, articles on the web can be a pain in the ass to read. There’s far too many:

  • Annoying paywalls
  • Unnecessary paragraphs
  • Distracting advertisements

Luckily, ChatGPT can save you time and hassle. It’ll summarize main points from any URL you feed it.

Patrick Bet-David of the PBD Podcast noted that ChatGPT could either cause massive unemployment in the tech space or it could end up being a useful tool for everyone and creating millions of new jobs. Either way, innovation is moving at an exponential pace.

But I’ve needed to tweak its outputs to my specifications to get exactly what I’m after. I have no doubt that in time it may get to a point where developers and CS grads may no longer need to develop as much, but as of now, I view them as more of an extremely efficient assistant.

What do Elon Musk and Peter Thiel have to do with OpenAI and ChatGTP? How much does ChatGTP cost and why are there no research reports on it?

Greg Brockman @gdb, President and Co-founder of OpenAI has predicted that 2023 holds groundbreaking advancements and mass adoption for Artificial Intelligence.

I feel like it’s going to get to the point that teachers are eventually using the same AI to grade papers that the students used to write said paper. It will be AI grading its own work and revising itself.

I have used ChatGPT extensively and it is very impressive for a lot of things, but it definitely can not replace a human just yet, there are too many gaps in its understanding and functionality to make up for the flexibility and adaptability of a human. A human using it is gold, We are training it the more we use it. It will just get smarter and smarter like it has in just a year. We went from Openai, to Dalle-2 to chatGPT.

It doesn’t have to be one or the other. A1 replications can have a sweeping impact on society at large. It can and likely will disrupt everything from business, to education, to literature. And it’s only one subset of the overall AI movement. What happens when systems converge?

I don’t see any bad outcome from ChatGPT. It’ll help people maximize their output, People will adapt to technologies being developed around them. There’s no reason to be pessimistic about it, the sky has been falling for ages, but we always survive.

OpenAI’s expected $29 billion valuation is only the latest signal of the artificial intelligence craze even as the tech industry faces layoffs and tough economic conditions. Investors funneled more money into generative AI companies in 2022 than in the previous five years combined, reaching a total of $1.37 billion, according to Pitchbook. The excitement saw companies like AI text startup Jasper valued at $1.5 billion in October, around a year after it was founded, and image generator Stability AI reached a $1 billion valuation at the same time. (LinkedIn News)

Will Rwanda Be Next in Line for a “Pele” Stadium? — Making the case for Huye “Edson”? Stadium*

0
As Cape Verde takes the first stab at renaming its 15,000-seater Estadio Nacional de Cabo Verde, located just outside the capital Praia (in Santiago South Zone), the Pele Stadium, there may well be other African contenders such as Rwanda.
The news comes after Fifa’s president Gianna Infantino proposed — while speaking at Pele’s memorial service in Brazil — that every country should name a stadium after the footballing legend who died on 29 December, aged 82.

“As a tribute and recognition to this figure that makes us all great, I manifest the intention of naming our national stadium as ‘Pele Stadium’, in an initiative that, I believe, will be followed by several countries around the world […] With the physical disappearance of Edson Arantes de Nascimento, King Pele, who soon became a planetary figure, an icon of the masses showing that sport has the power to unite the world, it is now our wish to pay tribute to him,” […] in a statement that stressed the importance of Pele to Portuguese-speaking countries like Cape Verde.

Against the backdrop of this first mover by Cape Verde, a Portuguese African country (note the affinity with Brazil), I reflect upon three others including francophone Cameroon, Rwanda (debateable) and Senegal, as well as Anglophone South Africa, host of the 2010 World Cup. The least likely of these is evidently Rwanda with the less established global footballing presence (just like Cape Verde).

As for the more established Cameroon and Senegal, the former having only recently hosted the TotalEnergies Africa Cup of Nations (AFCON) between 9 January and 6 February 2022 -availing the nation an opportunity to showcase its stadia across five main cities, namely Japoma Stadium (Douala), Ahmadou Ahidjo and Olembé Stadiums (Yaoundé), Kouekong Stadium (Bafoussam), Roumdé-Adjia Stadium (Garoua) and the Limbe Omnisport Stadium (Limbe-Buea).

In the case of the latter, Senegal, thanks to Turkish investment in stadiums and sports infrastructure in Africa, Istanbul-based “Summa” built the US$260 million Diamniadio Olympic Stadium. As reported in a recent article, it wasn’t long ago that Turkish President Erdogan:

oversaw the unveiling of his country’s latest high-profile construction project in Africa — a 50,000-seat stadium on the outskirts of Senegalese capital Dakar”.

Rwanda is implicated in conversations about Senegal and Turkish investments in Africa, as reported in the media, “the venue (Huye stadium) was initially the only option that Rwanda had if it was to host home matches but following delays in renovating both the Amahoro stadium and Kigali stadium, the tie against Senegal was moved to Dakar”.

 

The same firm is reportedly replicating that development with Amahoro, the national stadium of Rwanda located in Kigali City, and the now 20,000-capacity Huye Stadium, which is located in Huye District in the Southern Province of football loving Rwanda.

It is noteworthy that neither the national team, Amavubi, nor local clubs were able to host their continental competitive matches prior to now, as both were rejected from hosting the Rwanda-Senegal match following a supervision team visit from CAF which deemed them unready-thus forcing “Amavubi” to play their AFCON qualifiers against Senegal in the more ready Senegalese capital of Dakar.

Alas Huye stadium is now ready!! According to Sports Minister, Aurore Munyangaju Mimosa:

It is a pride for our country, it is a pride for Rwandans that Huye stadium is now ready to host international games…”

Perhaps another Turkish exploit is on the cards as the Turkish foreign minister Mevlut Cavusoglu is set to visit Rwanda on Thursday, January 12, as part of a 5-nation Africa tour that starts today Sunday, January 8.

So why not consolidate on that pride with Huye Edson Stadium? Be on the lookout for our forthcoming book chapter “Public Sector Marketing Communications: Insights from/for the Primus National Football League Rwanda,” as published In: Public Sector Marketing Communications, Volume IIPalgrave Studies of Public Sector Management in Africa.