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Snowfall Protocol Emerges As The Gainer Token! Whilst OKB and ApeCoin Emerge As The Losers!

By
TI Partners
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0

OKB (OKB) and Apecoin (APE) have been struggling whilst Snowfall Protocol (SNW) continues to climb the ranks already gaining more than 300%.  We will examine why!

The market is oblivious. The market doesn’t care whether your investments succeed or fail since it travels in their way. We’re talking about the financial industry here, specifically the cryptocurrency market. Over the last five years, people have made millions via DeFi platforms and digital assets, and their assets are only worth pennies in the present weak market. The market, once again, seems unconcerned.

However, a miracle occurs now and again, and the market trend shifts in its favor. We talk about the Snowfall Protocol (SNW), its tremendous growth since its creation, and how it met its goals during the presale. However, this article aims to look at the coins anchored in the purgatory of gainers and losers in the Crypto Space. Let’s dive in.

ApeCoin (APE)

You might be curious about who is behind ApeCoin (APE). The ApeCoin (APE) ecosystem comprises the ApeCoin (APE) community and the various goods and services that use the currency. Yuga Labs, founded in 2021 and headquartered in Miami, Florida, is a well-known brand in NFTs and digital collectibles.

Yuga Labs, well known for launching the Bored Ape Yacht Club, is a community member of the ApeCoin (APE) DAO and uses ApeCoin (APE) as its primary currency for all its projects. Let’s take a quick look at the NFT collections that comprise the ApeCoin (APE) ecosystem.

ApeCoin (APE) operates in the ecosystem as a governance and utility token. ApeCoin (APE) use cases include allowing coin holders to participate in the DAO’s governance and giving them access to the ecosystem’s exclusive games, events, goods, and services.

ApeCoin (APE) has a total supply of one billion tokens. The contract interface imposes a limit that prevents the generation of any further tokens. Furthermore, because there is no burning mechanism, the supply will not decrease.

As of recent statistics and results, ApeCoin (APE) is down by 9.38%.

OKB (OKB)

OKB (OKB) was co-created by the OK Blockchain Foundation and the Maltese cryptocurrency exchange OKEx. The exchange, one of the largest in the world, provides a wide range of trading pairs and is currently ranked third in terms of liquidity and fourth in terms of the trading volume. OKEx and the dominant cryptocurrency exchange Binance are similar despite some notable differences. The company’s options trading services are more specialized, and the OKEx platform includes its cloud mining service. Meanwhile, Binance intends to offer a wide range of bitcoin services globally. Speaking of its trend, OKB (OKB) is currently facing an upward spiral, with its price up by 0.77%, trading at $21.89.

Snowfall Protocol (SNW)

What more can be said about Snowfall Protocol (SNW) after the occurrence of recent events? As a result of Snowfall Protocol (SNW) phase 1 presale, it is now headed in a completely different and maybe higher direction. A token that was seen as the underdog triumphed. The Snowfall Protocol (SNW) team worked hard on the technical components, features, and systems so well that the token sold itself. The Snowfall Protocol (SNW) token was fixed at $0.005. So, how much did it sell for? The cost was $0.015. The price rise and massive growth pushed the detractors to the sidelines. Furthermore, 95,000,000 tokens were sold in a relatively short amount of time. If this isn’t remarkable, I don’t know what is.

The Bottom-Line

Upward trends and downward trends are part of the game. Some trends drive some assets and cryptocurrencies upwards, and some plummet. However, one thing that can be asserted with absolute confidence is that Snowfall Protocol (SNW) is here to stay, and its trajectory seems promising. The coins mentioned above, i.e., ApeCoin (APE) and OKB (OKB), have performed ok, given the market’s volatility. Snowfall Protocol (SNW), albeit, stays ahead, just as the platform promised.  Currently, Snowfall Protocol (SNW) is poised to do 100X so we would advise you get in now while the price is still so low!   Click the links below to learn more now!

Website: https://snowfallprotocol.io

 Telegram: https://t.me/snowfallcoin

 Presale: https://presale.snowfallprotocol.io

 Twitter: https://twitter.com/snowfallcoin

Ravencoin (RVN) losing popularity due to outdated PoW consensus, Orbeon Protocol (ORBN) pioneers new use for NFTs in the VC industry

By
TI Partners
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0

Ravencoin (RVN) is losing popularity, mainly due to the token’s proof-of-work consensus. Though Ravencoin seems to have found occasional increases in the short term, the long term seems like a struggle, with the majority of value being lost over the last year.

Meanwhile, the Orbeon Protocol (ORBN) project is doing remarkably well, with a pioneering vision to use NFTs to revolutionize the VC industry. Currently, in its Phase 1 Presale, Orbeon Protocol is set to be one of the most successful projects yet, forecasted for 6000% growth.

Let’s take a look at both of these currencies and see what’s going on with them.

>>BUY ORBEON TOKENS HERE<<

Ravencoin loses popularity due to outdated POW consensus

Ravencoin (RVN) has suffered losses in value and investor trust as a result of its energy intensive method of consensus. Ravencoin is designed to issue other coins out, specifically, but the method that it uses for its Proof-of-Work is a little behind the more modern and energy friendly Proof-of-Stake, which is causing issues with investors.

While Ravencoin is experiencing very limited short-term growth, in the long-term Ravencoin has been struggling for quite a while. Months of huge drops for Ravencoin have significantly reduced the coin’s value. Hopefully, Ravencoin can recover from this long series of massive losses, but things aren’t looking too great at the moment.

Orbeon Protocol pioneers new NFT use, huge presales

The Orbeon Protocol (ORBN) investment platform is a revolutionary idea for finance, engineered and designed around crowdfunding via fractionalized NFTs. Users can invest small amounts into high-potential startups, with equity-backed NFTs being available for as low as $1 – enabling the receiving companies to use this funding to further develop and expand.

Orbeon Protocol has many aspects that make it a secure project with an emphasis on safety. One such feature is the ‘fill or kill’ system, built into each smart contract, which returns investors’ money in the event that a project cannot reach full funding. This unique ability to allow everyday investors to support startups with fractionalized NFTs is disrupting the venture capital industry.

The platform’s underlying ORBN token contains substantial intrinsic value. Holding ORBN allows users to enter VIP investment groups, enjoy reduced fees, cashback rewards and governance rights. Staking the token also creates a channel of passive income for holders.

The Orbeon Protocol Phase 1 Presale has performed excellently, showing that people have a huge interest in shaking up VC. With $10.5m set to be invested by the end of the presale, a 6000% increase in the value of the token, and over 63 million tokens sold, Orbeon is proving that it’s a rock-solid contender when it comes to platforms with true intrinsic value.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

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

Telegram: https://t.me/OrbeonProtocol

Problematisation of Normalising Political Debate in Nigeria’s Election Discourse

By
Mutiu Iyanda
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0

Nigerians frequently want social and political institutions to function similarly to those found in other parts of the world. They frequently refer to socioeconomic and political advances deemed positive in other countries while criticizing Nigerian actors. To them, anything good in other countries must be normalized in Nigeria, regardless of whether the country’s cultural elements support it. Any political office seeker, from media organizations to civil society actors and some political analysts, must engage in political debate.

According to several submissions and positions observed by our analyst since 2015, political parties and candidates who failed to engage Nigerians through debate during the campaign period are unprepared to be scrutinized by the public and to increase informed voting during elections.

Participation in election debate, on the other hand, is not required by the constitution, according to another school of thought. Because the 1999 Constitution makes no mention of it, this school believes there is no need to advocate for its inclusion in the country’s political discourse. As the debate rages on various platforms, our analyst presents his chosen sound bites from a virtual group dedicated to discussing both personal and national issues of great concern. This was done with the intention of bringing out counter- and alternative narratives on the normalization of the idea that is regarded as a hallmark of Western democracies.

Sound Bites from a Virtual Group

  • The is the bitter truth. The average Nigerian politician doesn’t want to engage the elite because it is perceived as a waste of time and resources. The same vote you and I have is not superior to the vote of “Musa @dgate” (one-man, one-vote).
  • While we hold the politicians accountable on one hand, we should also not allow the 4th Estate take undue advantage of their role because that will provide an excuse for already unwilling politicians.
  • They need to give a good excuse, and that’s perception management. Reality needs to be effectively packaged and managed to sway some minds, particularly such minds that are operating from the frays of events. Agreed, governance is different from electioneering. Leaders must communicate with their followers, failing which they risk being misunderstood and purposely misrepresented by the opposition.
  • What’s the media reach of Arise TV? Is that the only means of reaching the electorates? Arise TV can only, if at all, influence the undecided voters?  And what’s the average percentage of undecided voters in our election? And what fraction of undecided voters can Arise TV swing based on their 23% viewership share of the market?  These are among the statistics to be considered by political strategists, and not just jumping between media houses. He has learnt his lesson anyway, belatedly though. Democracy is a game of numbers, political strategists are more interested in these numbers and not the hysteria around it, and are willing to ply the route that will return the highest numbers. The last presentation before the Organized Private Sector seems more meaningful and impactful than 100 times appearance on Arise TV.
  • That’s Pareto’s 80/20 principle. Focusing on the 20% that controls the 80% of the economy. A political masterstroke it was. Who even stands to gain more should BAT attend an interview at Arise TV? Arise TV of course. It’s definitely going to catapult the media rating of Arise TV to high heaven.  Asiwaju is an example of a matured product, and in product life cycle you don’t use the same marketing strategy for a matured product and a newbie.  A new product needs the intensity of awareness creation more than a matured product. A new product chases after the news using sales promotions of all sorts, coming in different packaging and sizes. The matured product on the other hand chooses and picks his market. In the FMCG industry, St Louis Sugar is a good example of a matured product, it rarely advertises its strength because we all know its selling points; it doesn’t change packages, it doesn’t come in sachets, yet we all know where to find it.
  • Honestly, the only way forward is the continuous check and balance which depends on the civic consciousness of the citizen. We all have a role to play in our democracy. That is why I cannot blame those that are demanding accountability of the aspirants. One the integrity test is passed people should willingly submit their votes on trust. So, institutions are entrusted to keep the trust of the masses. Today that has become a subjective process in the light of liberal democracy.

NETNOGRAPHY: What I Discovered After Observing RantHQ for 7 Days

By
Mutiu Iyanda
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0
Social media

I decided to study the Rant Headquarters Facebook group because of my interest in knowing some social networking driven emerging subcultures in Nigeria. This group, known as RantHQ, was founded on August 19, 2017 by Suzan Ade Coker. It has more than a million members. My analysis of the group reveals that socioeconomic and political issues, as well as Nigerian needs, are the driving forces behind various types of conversation. Between November 4th and 11th, 2022, I studied this group with the intention of learning what was going on in the group, what members were talking about, and becoming acquainted with their activities.

During my observation of the group, I paid close attention to the posts and how members interacted with them (posts). The group has several rules that govern posting and commenting on what other members have posted. A post must be approved by the founder and some members who have been given administrator status before it can be published. Aside from general posts using Meta’s (Facebook’s creator) “what’s on your mind” feature, the group also uses announcement and event features. In this report, I present my observations by examining the values, practices, signifiers, and how members created meaning in relation to the topics of conversation through specific symbols.

Key Values and Practices

As previously stated, the group believes in discussing socioeconomic and political issues as well as member needs. However, in most cases, members discuss issues they encountered while interacting with non-members in physical settings (offline). This was deduced from posts and comments made by some members during my observation period. For example, I discovered that whenever a post was made by a member, they commented by referring to people they had met and had course of experiencing the post’s theme(s) from. According to my observations, members mostly talked about relationships, which include the lifestyles of people they have interacted with offline.

The majority of the time, the conversation centered on toxic marriages, families, and workplace challenges. “Be careful when they call you wife material. Some came not to buy material, but to cut it for a sample,” one of the posts warns.  Members were split in their reactions to the post. Some members, for example, reacted to it by focusing on the second statement, which explains how Nigerian men typically had premarital sex with ladies before marrying them. This type of conversation usually ends in personality disparagement as members discuss each other’s past experiences.

Based on the poor economic climate in the country, I found that members also used euphemism and oxymoron to describe the financial hardship people were going through in order to establish some level of self-fulfillment despite the hardship. “After all the hype, I thought I’d order some Shawarma to try it out. I was unable to eat it, as I had anticipated. I just couldn’t swallow it, so to speak. I threw it away in the trash as a result. It’s overrated, sorry!” reads one of the posts. Despite the fact that the speaker initially emphasized that the food had not been consumed, the fact that the food’s pack had been dropped into a trash proved otherwise (a picture of trash bin is attached with the post). I discovered that posts like this inspire readers to survive difficult economic times. Along with discussing the difficult economic climate, I discovered that group members organized physical events where the less fortunate were helped by being given food and household goods. To specifically improve the lives of its members and the nearby physical communities, the group also provides humanitarian services.

Signifiers and Meaning-Making

I observed how users used emojis as signifiers to establish symbolic meanings of the themes in their posts because meaning-making is “the process by which people construe, understand, or make sense of life events, relationships, and the self.” During the time I spent observing the group, I discovered 16 emojis (??, ?, ????, ?, ?, ?, ?, ?, ?, ?, ?, ?, ?, ?, ?, ?) and 6 associative symbols (?, ?, ?, ?, ?, ?). I learned that these emojis serve as signifiers that help members pay attention to posts and comments. One of the relationship-related posts, for example, states that “insulting a woman after breakups ? and exposing her past in front of others shows that you have failed as a man.” The use of ? indicates that the member who posted it believes it is improper to expose a former partner’s past bad deeds.

Some of the emojis, also known as associative symbols, aided members in better understanding of posts and comments, particularly when members wanted to be sarcastic in communicating specific topics.  This is most common when discussing relationship topics such as failed marriages and marriage proposals. One member, for example, writes: “a relationship in which your partner does not get jealous, fight or quarrel you over things.” My sister runs ????. It’s a ruse. Thank you ????????. The use of the first emoji (????) which indicates running emphasized the need to leave the relationship, while the use of ???????? (indicates walking) after the appreciative statement reinforced the need to thank the member for giving the advice.

Tech Company BLOC Set to Provide Nigerian SMEs Access to Financial Services, Partners With SMEDAN

By
Ojukwu Emmanuel
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0

Technology company that offers Fintech infrastructure to businesses, Bloc has partnered with the Small And Medium Enterprises Development Agency of Nigeria (SMEDAN), to provide SMEs with easy access to financial services.

Backed by a CBN-Issued microfinance banking license and a PSSP license, Bloc seeks to embed digital financial services into the product and services of small businesses in the country.

Following its partnership with SMEDAN, it will enable easy onboarding of these SMEs, by providing them with fintech services such as lending, Issuance of POS, industry-specific supply chain solutions, digital banking, bill payment, loyalty cards management, social commerce platforms, etc.

Speaking on Bloc’s partnership with SMEDAN, the Director-General and Chief Executive Officer of SMEDAN, Mr. Wale Fasanya disclosed that such strategic partnership will significantly increase the growth of SMEs in the country, also creating multiple inventions.

In his words, “We know this partnership with Bloc and the subsequent platforms that are being developed will benefit the SMEs that work with us by improving access to specialized services developed by the innovative FinTech sector of Nigeria.

“We have more than 4,000,000 registered FinTechs and we are always thinking of ways by which we can improve their existence. Our success is measured by how much we can do for them, and we believe we have shown our level of innovation by developing this platform with Bloc.”

Also commenting on the partnership, Bloc’s Business Development Officer, Mr. Kingsley Ikart said “As an infrastructure company that provides services to other FinTechs, we believe that this platform designed by SMEDAN and Bloc would allow some of these FinTechs to extend their brilliant services to SMEs that would otherwise not have been aware of what they do.

“He further described the partnership between Bloc and SMEDAN as a win-win situation. This is because these SMEs can now benefit from such innovations without stressing themselves and compromising the time they need to attend to their businesses”.

With so many technological advancements in the world today coupled with global adoption, consumer expectations are changing. Many SMEs are including financial technology products, which has no doubt created a significant impact on their business.

Following Bloc’s mission to provide financial services to SMEs in Nigeria, it will no doubt lead to the exponential growth of these SMEs, thereby positively impacting Nigeria’s economy due to their significant role.

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