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Binance USD, Big Eyes Coin and Decentraland – 3 Top Cryptos to Rejuvenate Your Crypto Wallet in the New Year

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Many investors are trying to get over the bear market, which overshadowed most of 2022 in the crypto world. If you are looking for the next three cryptocurrencies, which are tipped to explode in 2023 by crypto analysts, then it is worth considering heavyweights like Binance USD (BUSD), Decentraland (MANA) and newcomer Big Eyes Coin (BIG). These three cryptocurrencies have a lot of features and benefits which could go a long way to rejuvenating your crypto wallet this year.

Binance USD (BUSD) – One of the Leading Stablecoins

There are many investors who are looking at investing in less volatile cryptocurrencies, as they are seeking more stability and less risk on their investments. Stablecoins could be the answer for a less risky venture, and users could still get a decent return in the long run. Binance USD (BUSD) is a 1:1 USD-supported stablecoin issued by Binance and in association with Paxos.

Binance USD is regulated by the New York State Department of Financial Services (NYDFS) and the platform is audited monthly and its findings are visible online. Subsequently, this system has helped to make its users feel more comfortable investing their money. Binance USD is currently ranked #7, which is quite high on the market, and the daily price is an affordable $1.00 USD, according to CoinMarketCap. So this could be a great investment to add to your crypto wallet.

Decentraland (MANA) – The Popular Platform

Decentraland (MANA) is a well-known platform which has made many of its users rich due to the scale of different money-making opportunities available. Users can experience, monetize and create applications in a virtual realm.

Decentraland is powered by the Ethereum blockchain, and it uses two tokens: LAND and MANA. Users are able to buy plots of land, create works of art and sell NFTs. In terms of MANA tokens, they can be used to obtain wearables, avatars, and so much more on the Decentraland marketplace. This popular blockchain can help its users literally make an additional income virtually from the comfort of their own homes.

What Does Big Eyes Coin (BIG) have to offer?

Big Eyes Coin (BIG) is a new meme coin which has gained a lot of popularity in a very short space of time since it started its presale late last year. The new meme coin seeks to make its users profit whilst also giving money to charity. Big Eyes Coin is unique because it gives 5% of its profits to charities which protect the wildlife in the ocean. This charitable quest has really helped to gain a lot of sales, as they have raised a whopping $12.81 million in just a few months.

Big Eyes Coin understands that its community is important and they have learnt a lot from the established cryptocurrencies about the best way forward, to stand out in the crypto market. The new meme coin will hold regular meetings for its users to connect, and they will also be allowing its users to buy and sell NFTs very soon.

Furthermore, the team behind Big Eyes Coin is giving away 5% bonus tokens and to receive the bonus tokens use the code: BIGsave732 when buying BIG tokens.

To find out more about Big Eyes Coin (BIG), visit the links below:

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Top Alternatives for Bitcoin (BTC): Shiba Inu (SHIB), Ethereum (ETH), and Orbeon Protocol (ORBN)

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For cryptocurrency investors that want to look further than just Bitcoin, we have three interesting picks: Shiba Inu (SHIB), Ethereum (ETH), and Orbeon Protocol (ORBN). Whilst Solana (SOL) is dropping like a brick; digital asset investors are moving to Ethereum, causing Ethereum (ETH) to pump. Shiba Inu (SHIB) recently announced its Shibarium update, and Orbeon Protocol (ORBN) managed to skyrocket 805% in its pre-sale, with analysts now predicting it will surge as much as 6,000%. 

>>BUY ORBEON TOKENS HERE<<

Ethereum (ETH) Pumps as Solana (SOL) Investors Jump Ship

Ethereum (ETH) saw a minor 2-3% pump last week as Solana (SOL) is trading under $9, over 97% down from its all-time high. Solana (SOL) seems to be following the likes of Luna Classic (LUNC) and seems ‘’unsavable.’’

What was once dubbed ‘’Ethereum Killer’’ seems to be forgotten glory as even the savviest Solana believers re-allocate their crypto portfolio into Ethereum rather than keep holding on to Solana (SOL).

However, Ethereum bulls must defend Ethereum’s $1,180 support level because if it were to break, Ethereum might reverse into a downward spiral going into 2023.

Lead Developer Shiba Inu (SHIB) Announced Shibarium Update

Last week, the anonymous Ryoshi, founder and lead developer of doge-themed meme token Shiba Inu (SHIB), announced the Shibarium update. This update will include a burn mechanism within every Shiba Inu Transaction, a Shiba Inu-focused DAO, and even metaverse games.

Shiba Inu (SHIB) holders received all this with open arms. However, it didn’t increase price-action as of writing. On the other hand, experts find that Shiba Inu’s large token supply keeps it from rising. The new built-in burn mechanism, which will burn Shiba Inu tokens every transaction, aims to decrease the total token supply and thereby raising the price per token.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN) Skyrockets 805% During Presale – Analysts Expect 6,000% Gains in 2023

Orbeon Protocol (ORBN) is a new cryptocurrency project currently in the third stage of its pre-sale. Orbeon Protocol (ORBN) aims to disrupt the crowdfunding and venture capital markets through the revolutionary use of fractionalized NFTs, which everyday investors can buy from as low as $1.

Let’s say a start-up company wants to raise $100k through Orbeon Protocol (ORBN). Orbeon Protocol (ORBN) will then mint 10,000 equity-backed NFTs, each representing a $10 investment in the start-up.

The best thing is that Orbeon Protocol (ORBN) has a built-in ‘’Fill-or-Kill’’ mechanism that ensures investors get refunded if the start-up they invest in fails to reach its funding goal within a pre-agreed-upon time frame.

The maximum supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of this supply is available to the general public via the pre-sale of the project. So far, 70 million tokens have been sold, and the price per token has increased from $0.004 to $0.0362 per token. Analysts forecast a 6000% increase in price by the end of presale due to the demand for the token.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

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

Telegram: https://t.me/OrbeonProtocol

Elon Musk’s Pricing SIGNAL is Weak for Starlink in Nigeria

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Elon Musk’s SpaceX Starlink is just about ready in Nigeria. But the price will shock many people: US$43/month service and a one-time hardware cost of $600. With that, you get a high-speed, low-latency broadband internet in remote and rural locations across the nation. In the US, the average cost for service is $110/month. So, it will be interesting to know if the bandwidth will be the same since the price in Nigeria is well lower.

What can I write? If you have a project that needs this and you have the funds, the solution works. We have deployed it in Nigeria for months: “We have been using the SpaceX Starlink system in Nigeria for months, and the thing works. The uptime is good.  We bought it in  the United States and deployed it on a farm in Nigeria, to help in our agriculture business.”

No matter how you see it, the pricing does not make sense for a consumer business in Nigeria. So, it is very likely that for a long time, the focus will be companies. If that is the case, it may not be really bad.

Otherwise, the $billionaire can open the typical playbook: subsidize the hardware and make up via services. But that may be hard as Nigeria does not have a reliable credit system to build that type of business. So, it seems this service will serve the 1% before it scales to the 99% in years.

We're Establishing Africa Fintech Interconnectivity Network (AFIN) To Help Fintechs, MFBs, etc Connect via Satellites - Tekedia

Comment on Feed

Comment 1: Hi Prof Ndubuisi, as you know through engaging with Tekedia Institute over the years, the Nigerian Market in anything to do with data transport and bandwidth provision is something I am particularly strong on.

The American market isn’t something I look at from user perspective so its enlightening to hear its $110 average in US.. Some would argue that’s just geo flexing on what different markets can bear, but there has to be a profitizing strategy for any market, and when you are talking hardware provision and core engineering from abroad, then a global providers’ profitizing route for Nigeria becomes more expensive, not cheaper.

So its either going to be about reduced QoS or ramping fees over time with the $600 as a hostage to fortune.

I already answered Tola about this yesterday, forgive the paste.

Also if anybody wants a background on Data Transport/Telecoms in Nigeria, I wrote this a few years ago. Some new developments have come since but it is still a good historical point of reference for readers:

https://www.linkedin.com/posts/john-mc-keown-nigeria-expert_nigerian-telecommunications-architecture-activity-6738832367445708801-GUUJ?

Comment 2: Mr. Musk skimming pricing strategies looks too ambitious for an emerging market like Nigeria. No one knows the reasons for this pricing template, but one would have thought Mr Musk would have explored and exploited the historical statistics on data usage and pricing of Nigeria consumers in arriving to this prices.

Mr Musk need a critical mass to pull through and not 1% Prof. Ndubuisi Ekekwe. The 1% cannot sustain Starlink in the long run and the mass market is the ordinary Nigerian who considers close substitute and competition prices over service offerings. Do you have a data on how MTN 5g router pegged at 50k NGN is doing, even with the “amazing” service offerings?

Also, the big four grass root GSM operators ( MTN, Glo, Airtel & 9mobile) in that space would not fold their arms to allow Mr Musk to disrupt their territories.
Meanwhile, do you have a hold on the communique of the meeting these players held with NCC when Mr Musk announced the arrival of Starlink in Nigeria? I think a peep into that would provide an insight on how the market would react eventually.

…What is the stage in the industry Mr. Musk is coming to play in?

One of the most crucial aspect part of any business entering into an existing competitive market is the price. A “big picture” contextual may or not be realized, if the market rejects the products.

You may want to reference the case studies of how many wonderful products / companies died at introductory stage of the product life cycle due to pricing. We are talking about an emerging market here. Do you have insight into the empirical data? What is the total available market (TAM) of the industry?

Comment 3: One thing I have learnt from is “Never estimate the buying power of Nigerians”…
Despite the acclaimed 113M Nigerians living in poverty, the country is still a viable market for consumer goods of which Starlink will not be an exception. At the prices you stated above, I can bet you that the product will be a sellout in Nigeria. Watch and see how 3, 4, 5 families/individuals/businesses will pull resources together and buy the hardware to share. Those that can afford it will be a child’s play when compared to the poverty rate in our country. Elon Musk will make a kill here in Nigeria. Let me stop here for now!

Comment 4: Ndubuisi Ekekwe I think the pricing is based on a differential pricing model between high income and low income countries and may not necessarily have any impact on the bandwidth.

Having said that, we agree that the price is somewhat prohibitive in Nigeria / low income countries and would only serve the 1% as you have described but at the same time, the good side is that Elon Musk has shown what is possible.

As long as other players are able to come into the market in the long run, competition will drive down the price in future. We need challengers who will innovate in this field and compete head-on with Elon.

Tesla Cuts Prices in China, other Asian Markets, to Boost Sales

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In a new move to increase sales, leading electric vehicle maker Tesla, has reduced the cost of some of its car models in Asia.

Reuters reports, citing a person with direct knowledge of the matter, that the decision cuts prices for Tesla Model Y and Model 3, and in addition to China, covers Japan, South Korea and Australia.

This is the second time in three months Tesla is cutting prices in China amid weakening demand that is impacting sales in the world’s largest autos market.

China’s Shanghai hosts Tesla’s single largest production hub. But the Chinese market is a host to several domestic electric vehicle companies like Nio, giving Tesla a run for its money. The person with the knowledge of the matter said cutting prices was part of an effort to help boost demand for output from Tesla’s Shanghai factory.

Tesla shares crumbled more than 70 percent in 2022, a development that was largely attributed to CEO Elon Musk’s romance with Twitter. With investors’ patience wearing out, Musk continues to spend more time on Twitter, the company is harping on price reduction to boost sales.

Reuters’ calculations, as reported below, explains why cutting the prices is significant for the automaker:

The shift is the first major move by Tesla since appointing its lead executive for China and Asia, Tom Zhu, to oversee global output and deliveries that have been at the heart of the company’s recent challenges after falling short of its 2022 delivery target.

Tesla shares closed up 2.5% at $113.06 on Friday. However, the stock has lost 70% of its value in the last year.

Automakers have long turned to incentives to control inventory, but, until late last year, Tesla had been able to keep prices steady or even raise them due to strong orders.

But last month CEO Elon Musk said “radical interest rate changes” had affected the affordability of all cars, new and used, and that Tesla could cut prices to sustain volume growth.

The latest cut in China, along with another in October and recent incentives for Chinese buyers, mean a 13% to 24% reduction in Tesla’s prices from September in its second-largest market after the United States, Reuters calculations showed.

Tesla slashed prices for all its Model 3 and Model Y cars in China by between 6% to 13.5%, according to Reuters calculations based on the website prices. The starting price for the Model 3 was cut to 229,900 yuan ($33,427), from 265,900 yuan. Those models are now priced 24% to 32% lower than those in the United States, Tesla’s largest market, Reuters calculations showed, reflecting several factors including material and labour costs.

Grace Tao, Tesla’s vice president in charge of external communications in China, said on Weibo that the price cuts in China reflected engineering innovation and answered Beijing’s call to encourage economic development and consumption.

Deliveries of Tesla’s China-made cars hit their lowest in five months in December. Tesla’s Shanghai plant, which was expanded last year, also exports vehicles to Europe.

So far, there has been no sign of Tesla cutting prices in Europe, where sales jumped 93% in November year-on-year, according to sales data from research group JATO Dynamics, and the Model Y was the top-selling car for the second time in 2022.

Tesla also saw its share of Europe’s battery electric vehicle (BEV) market jump to 18.9% in November, from 12.3% in the same month a year earlier.

The Netflix’s Salary Range of $150k – $900k for Data Engineer (L5) Games

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This is the new normal in California: disclosure of salary ranges. We can see that Apple program managers make between $121,000 and $230,000, while Facebook’s parent company (Meta) workers make $253,000-$327,000 as directors of software engineering.

Salary transparency has arrived in Silicon Valley, under a new law that has come into effect requiring companies in California to disclose job salaries. Companies with over 15 employees must share salary range on job listings of all types. The pay transparency rule aims to address gender and racial pay gaps, and increase labor market competition for those groups. It also means tech outsiders can get an insight into what top tech companies pay their staff. According to some job listings posted this week, an Apple program manager in the augmented reality group is on $121,000-$230,000, while a director of software engineering at Meta gets $253,000-$327,000.

But the most revealing is Netflix with a salary range of $150k to $900k for Data Engineer (L5) – Games. With that range, I do not see how the disclosure helps.

  • 7+ years of software/data engineering experience working with video game analytics (i.e you are familiar with how key metrics such as DAU, MAU and retention rates are computed in an ETL).
  • Passionate about building intuitive data models and an expert in distributed data processing patterns.
  • Highly proficient in at least one of these programming languages: Java, Python, or Scala.
  • Comfortable with complex SQL.
  • Expert in engineering data pipelines using big data technologies (Hive, Presto, Spark, Flink) on large-scale data sets demonstrated through years of experience.
  • Conceptually familiar with AWS cloud resources (S3, EC2, RDS etc).
  • Excel at taking vague requirements and crystallizing them into scalable data solutions.
  • Excited about operating independently, demonstrating excellence, and learning new technologies and frameworks.

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At Netflix, we carefully consider a wide range of compensation factors to determine your personal top of market. We rely on market indicators to determine compensation and consider your specific job family, background, skills, and experience to get it right. These considerations can cause your compensation to vary and will also be dependent on your location.
The overall market range for roles in this area of Netflix is typically $150,000 – $900,000.

How Much Tech Firms Pay

The tech firms are using range to mask the actual pay but that also provides a clue on how much the techies earn: “The rollout of new salary transparency laws in New York and California is making it much easier to find out how much Big Tech companies pay. Comprehensive.io — a new website created by the brains behind the redundancy-tracker layoffs.fyi — aggregates salary ranges for jobs listed by 700 tech firms and startups in the two states, which are home to many technology giants. The pay ranges listed can be quite broad: A senior software engineer at Tesla, for example, can make anywhere from $83,000 to $418,000 a year, according to Comprehensive.io.”