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Elon Musk’s Starlink Set to fight for its Share of Nigeria’s Internet Space, as it launches in days

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Broadband Internet system Starlink, owned by Tesla and Twitter CEO Elon Musk, is set to fight for its share of the Nigerian internet space, following its proposed launch before the end of 2022 or thereabout.

The launch is coming months after the Internet Service system was on May 2022 approved by the Nigerian Communications Commission (NCC) to begin operations in Nigeria.

According to Nigeria’s minister of communications and digital economy, Prof. Isa Pantami, he said As part of the partnership, Space X is to provide broadband access across the whole of Nigeria, enabling nationwide access to broadband connectivity way ahead of the December 2025 schedule, as outlined in our National Broadband Plan. With this collaboration with SpaceX’s Starlink, Nigeria is set to be the 1st African country to introduce the service.

The NCC had earlier disclosed that Starlink had received two licenses to commence operations in Nigeria, which are the International Gateway license and Internet Service Provider license, and will be trading as Starlink Internet Services Nigeria Ltd.

The company’s CEO Elon Musk had on May 27, 2022, made this known via his Twitter handle, where he stated that Starlink has been licensed to operate in Nigeria and East African country Mozambique.

Although, Starlink failed to commence operation in Nigeria after its initial proposed date. Recall that in July 2022, Musk took to his Twitter handle to disclose that Starlink would become active in Nigeria in August 2022, which he urged potential users to begin ordering the $99 starter kits.

Following Musk’s comment, the official Starlink website disclosed that the internet service provider intends to begin service in the fourth quarter of 2022, further stating some criteria for its availability to potential customers.

“Order now. Starlink is targeting service in your area starting in Q4 2022. Availability is subject to regulatory approval. Within each coverage area, orders are fulfilled on a first-come, first-served basis,” the website read.

But ever since then, the internet provider is yet to begin operation in Africa’s most populated country. The internet service provider currently operates in more than 30 countries where it is legally approved.

Its launch in Africa, particularly in Nigeria, has been in the works since 2021. Last May, SpaceX sent some representatives to the Nigerian Communications Commission (NCC), the country’s telecommunications regulator, to discuss the possibility of obtaining a license to operate Starlink in Nigeria.

Starlink is a low-latency broadband internet system created to meet the needs of consumers in rural areas with low internet penetration across the globe.

It delivers super-fast internet via satellites to rural areas, and it is theoretically capable of delivering 150Mbps internet speeds to any place on the planet.

It’s high-speed, low-latency service is made possible via the world’s largest constellation of highly advanced satellites operating in a low orbit around the Earth.

Starlink is renowned for its impressive internet speed of 104Mbps, a sharp contrast to the average cellular internet speed of 17.38Mbps. Furthermore, the use of the LEO satellites is likely to significantly reduce internet downtimes.

Once users purchase the Starlink Kit, it comes with everything they need to get online in minutes including the Starlink, WiFi router, cables, and base.

Its arrival in Nigeria, will no doubt heighten the competition amongst Nigerian telecom operators such as MTN, Airtel, and 9mobile, who have continued to compete against each other by offering affordable and fast internet services to their customers.

Government Regulation of the Cryptocurrency Industry Won’t Stop Builders

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More regulation of the Cryptocurrency and Blockchain space is coming. In fact, 2023 may see it coming in hard as governments front run the pilots of Central Bank Digital Currencies. With India and Nigeria doing just that, and with the country taking on the G20 presidency in December, there seems to be rapid “progress” towards such global regulations on Cryptocurrencies and Digital assets.

On one hand, it might potentially it could prove to be an opportunity for the community to help shape more progressive policies that make India a global leader (and more competitive). However, many fear that the government is not really listening to the industry.

India’s Path Towards Crypto Regulation

India took its first step towards crypto regulation during the Budget Session in February 2022. They started with the announcement of the introduction of taxes on virtual digital assets (VDAs). However, the crypto industry heavily criticized the legislation and declared it a ‘crippling tax regime’. Meanwhile, the country’s central bank previously called for a ban on cryptocurrencies – will now have a prominent role in framing global crypto regulation.

It really does sound negative coming out of the Central Bank or Department of Economic Affairs. However, we are still a long way off from seeing that regulation, and more importantly its actual implementation. Of more immediate concern for Indian crypto, lovers are the dark clouds of the current bear market and not speculation on possible future regulation.

Though it might seem reasonable to conclude that currently there is a lot of doom and gloom for the Indian crypto grassroots, the truth is a very different place. There you find people doing what all smart people do in a bear market and that’s BUILD! And nothing more clearly embodies the positive outlook and vibrancy of the space than the recently concluded Indian Blockchain Week.

Held between November 29 and December 7, the annual Indian Blockchain Week, was a series of events aimed at fostering young South Asian talent. Around 1000 delegates from the blockchain industry, government, and academia came together in Bangalore to participate in hackathons, workshops, conferences, and community events. Top highlights included the ETHIndia hackathon and Polygon x Buidl.so Demo Day. The ETHIndia hackathon provided an opportunity for individuals from different backgrounds to come together and create something positive through collaboration and learning. Meanwhile, the Demo Day attendees included some of the top investors in the Indian web3 space.

Nigeria’s Government v. SEC- Crypto Related Regulations

Following SEC’s suspension of cryptocurrency approval in February 2021, the central bank banned crypto trades in a move to neutralise threats to Nigeria’s financial system. This occurred despite young Nigerians accounting for the largest volume of cryptocurrency transactions outside the U.S.

Apparently, Nigeria’s SEC will only consider “sensible digital assets” and not crypto, as it plans to improve trading in digital assets.

Per Bloomberg, the general director; Lamido Yugda said, “We are looking at digital assets that really protect investors.”

According to the Chainalysis Crypto Adoption Index 2021, Nigeria ranked sixth in global crypto adoption out of 154 countries. Although, the country didn’t make the top-10 in the 2023 rankings, data by Merchant Machine have shown that Nigeria will lead global Crypto adoption by 2030: “Nigeria is at the top of the list, with an estimated 100% by 2030. This means that if crypto use continues to grow at its current rate, the entire population of Nigeria will be using cryptocurrencies! The popularity of cryptocurrency could be explained by the country’s poor economy making alternative currencies appealing. The devaluation of Nigeria’s currency, the naira, will likely continue to drive more and more Nigerian natives to invest in cryptocurrency instead.”

In wanting a better conclusion, it’s just worth remembering that governments will regulate but its people that build. And crypto has the advantage that some of the most forward-thinking innovative minds are here working for a better future.

Shiba Inu (SHIB) and Cardano (ADA) Will Be Ruled Out By Sparklo (SPRK)

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Shiba Inu (SHIB) and Cardano (ADA) were among the top cryptocurrency investments in 2021. Sadly, their growth has been stopped by the bear market. Thus, investors focused more on new initiatives, like Sparklo, that show huge growth potential.

Cardano (ADA) Is Strong But Affected By The Bear Market

Built from a strong concept, Cardano (ADA) has become one of the top cryptocurrencies in the market. Cardano (ADA) is meant to resolve the issues with the  Ethereum (ETH) platform. Cardano (ADA) offers users efficient and affordable transactions. With Cardano (ADA), users can facilitate large volumes of transactions in a second.

However, despite its usefulness and impressive concept, the value of Cardano (ADA) has been stagnant, and investors are not happy with its performance, especially in the bear market.

Shiba Inu (SHIB) Is Not Doing Good As Well

Cryptocurrency whales believed in Shiba Inu (SHIB) when it was launched. However, all of them gave up their investments, and the Shiba Inu (SHIB) cryptocurrency is a dying platform.

The hype for meme coins is over, and thus, investing in Shiba Inu (SHIB) right now is not the smartest thing to do. Shiba Inu (SHIB) investors are now looking for alternative investments that could offer huge profits soon.

Sparklo (SPRK) Is An Excellent Investment

Sparklo is a new cryptocurrency initiative. Sparklo will allow investors to invest and trade in NFTs representing real luxury investments in platinum, gold, and silver bars. Aside from the investment opportunity, Sparklo will also work with jewelry companies to help them bring their products to the market.

The ongoing Sparklo presale has been successful, and investors are rushing to purchase Sparklo tokens for only $0.013 each. This is an affordable investment that offers huge returns in the future. The current value of Sparklo is expected to grow by 100x in the next couple of months.

If you don’t want to miss the chance to earn huge profits, now is the time to invest in Sparklo.

 

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Crypto Experts Encourage Solana (SOL) and Ethereum (ETH) Investors To Invest In Sparklo (SPRK)

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Solana (SOL) and Ethereum (ETH) are examples of cryptocurrencies that performed well in the past. Now, both cryptocurrencies have been affected by the bear market. This leads investors to look for other alternative investments like Sparklo.

Solana (SOL) Trading Volume May Increase

Solana (SOL) is among the most innovative cryptocurrencies available out there. The project was developed to scale the overall blockchain technology. Even though the project has massive growth potential, the bear market has affected Solana (SOL) significantly.

But the team behind Solana (SOL) is working so hard to bring the trading volume of Solana (SOL) to its all-time high.

Ethereum (ETH) Still Maintains Its Second Position

Bitcoin (BTC) is still the leading cryptocurrency, while Ethereum (ETH) hangs on to the second position. Regardless of the market conditions, the value of Ethereum (ETH) is stuck. This might be good news for long-term holders, but investors who wish to trade Ethereum (ETH) should avoid it because there are better project opportunities available now to invest in.

Sparklo (SPRK) Will Be A Perfect Cryptocurrency Investment

While looking for a perfect cryptocurrency investment, anyone should consider Sparklo. Sparklo will create the first alternative investment platform tailored for cryptocurrency investors. With a dedicated fractionalized investment and trading platform allowing silver, gold, and platinum to be invested in.

Aside from the opportunity to invest and trade in NFTs backed by gold, silver, and platinum, Sparklo will also work with jewelry companies to help them bring their products to the market.

Sparklo is currently on presale, and the price is only $0.013. This value is expected to grow by 4,000% in Q1 of 2023.

If you don’t want to miss the huge growth potential, check out Sparklo now:

 

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Flasko (FLSK) Presale Jumps To Stage Two As Dogecoin (DOGE) And Flow (FLOW) Sink

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The cryptocurrency market took a brutal hit in 2022. A neverending crypto winter and a collapse of Terra (LUNA) sent shockwaves around the industry. Coins sank even lower after the downfall of FTX and BlockFi. Some top dogs like Dogecoin (DOGE) and Flow (FLOW) were not exempt from this.

That is why investors are moving to new ventures with more growth potential. Flasko will be one token that can recoup some losses for investors in 2023!

Flow (FLOW) Keeps Disappointing

The blockchain called Flow (FLOW) is speedy, decentralized, and convenient for developers. The Flow (FLOW) token may be embedded easily into applications by programmers for peer-to-peer transactions, processing fees, or customer incentives.

Investors in Flow (FLOW) have noticed a bad omen. The recent few weeks have seen red charts across the board for Flow (FLOW). It is currently worth $0.7775, a 37% fall in the last month. And given the 17% fall in just 24 hours, this negative trend is expected to continue. We would advise not to pursue Flow (FLOW) as an investment option.

Dogecoin (DOGE) Goes Down Despite Hype

The value of the crypto coin known as Dogecoin (DOGE) increased as a result of Elon Musk’s purchase of Twitter since many believed that the currency would be crucial to the success of this new and improved Twitter.

This acquisition helped Dogecoin (DOGE) reach $0.1505 in November. Unfortunately, Dogecoin (DOGE) did not maintain that price point and has been on a downward spiral ever since. And although Dogecoin (DOGE) may be incorporated into Twitter in the future, causing it to soar again, putting money into it at this time is not a good idea.

Flasko (FLSK) Attracts Investors From Every Crypto Corner

While the Dogecoin (DOGE) and Flow (FLOW) coins try to recapture their former glory, the Flasko presale has been a hot topic in the crypto world.

Flasko will be the first alternative-investment platform upon which users may trade and purchase fractionalized NFTs.

What makes these NFTs unique is the fact that rare wine, whiskey, and champagne bottles underpin them! Some investors who purchase the full NFT may even have the bottle or cask delivered to any location worldwide.

Flasko will also allow new premium beverage startups to advertise their new products on their platform, giving price cuts and a chance to purchase these items first to early investors.

The Flasko team has also implemented measures for those worried about safety. These measures show that Flasko is here to stay! Solid Proof has already completed its audit, and Flasko will lock liquidity for 33 years.

It is priced at only $0.111, so buy in now and enjoy the predicted 30x profit when Flasko reaches $4 by August 2023!

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io