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Social Media Platforms Benefitted From Twitter’s Acquisition Upheaval – Reports Reveal

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Following the events that ensued after Elon Musk opted out from acquiring Twitter for $44 billion, reports reveal that several other apps benefited from the upheaval.

Alternative micro-blogging platform Mastodon which has similar features to Twitter witnessed a massive influx of users.

According to the founder and CEO Eugen Rochko, he disclosed that the app recorded 120,000 new users in four days while hitting a milestone of 1 million active users after more than half a million users joined the platform on October 27th when Twitter’s deal was closed.

Also, Mastodon witnessed approximately 322,000 installs from U.S. app stores in the first 12 days after the acquisition deal, which was more than 100 times the 3,000 it saw in the prior period (Oct. 15 through Oct. 26).

The platform is no doubt buzzing with its newfound fame. On one of the channel’s more popular servers, “climate justice social,” users have referenced a “Twitter migration” and claimed thousands of users have recently joined the server.

Following the massive migration of Twitter users to the alternative platform, it however didn’t sit too well with Musk who took to his Twitter platform to say, “What do you call someone who is a master at baiting? If you don’t like Twitter anymore, there is an awesome site called Masterbatedone.”

Meanwhile, Mastodon isn’t the only app that has benefitted from Twitter’s acquisition upheaval, reports reveal that apps such as Tumblr, Metatext, Tootle, and Counter Social have witnessed a significant increase in their number of users.

Tumblr saw more growth in the U.S. than globally, where the app saw an adoption increase of 96 percent to 92,000 from 47,000 when comparing the two periods. Worldwide installs on the other hand, surged 77 percent to 301,000 from 170,000.

Metatext and Tootle also saw a bump when comparing the two periods, climbing from less than 1,000 installs each to 19,000 and 7,000 worldwide downloads, respectively.

Also, Alternative social app CounterSocial grew 2,300% to 24,000 installs in U.S. app stores in the 12 days following the acquisition, and grew 3,200% globally, with 33,000 installs.

Although, it hasn’t been that bad for Twitter as the app also witnessed an increase in its average usage, which saw it witness 17% installs after Musk acquisition.

However, despite these gains, Musk’s new policies and recent changes on the platform hasn’t sat so well with a lot of users as there are predictions that there might still be a possible migration of users to other alternative platforms. Time will tell whether these trends observed so far will persist or normalize.

NETFLIX Invests N9 Billion In Nigerian Film Industry To Boost Quality of Content

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NETFLIX, America’s subscription streaming service and production company, has said it has invested 9 Billion Naira in Nigeria’s film industry between 2016 and 2022.

This was made known during the second Nigerian digital content regulation conference which held in Lagos on Friday, November 11, 2022.

The event was attended by stakeholders  in the local and international streaming services, independent producers, Free-To-Air, Pay TV Operators, Telcos, content creators and other operators in the film industry, the vanguard reported.

Speaking at the event, Ms Shola Sanni, Director of Public Policy for sub-Saharan Africa, Netflix was reported to have said the investment were targeted towards converting local film tittles, capacity building and infrastructure development in the industry. She said Netflix had invested in over 200 local licensed titles, coproduced and commissioned original film content, noting that 125 films and TV series are available on Netflix as at November 2022. Ms Sanni made the following remarks:

“We love Nigeria and believe in it and that is why we are investing in the Nigerian film industry to entertain Nigerians and the world with the best in-class stories from the country.

” we are poised to tell stories that are not only interesting in Nigeria but in other 189 countries where Netflix is present” she said.

Also gracing the event, Alh. Adedayo Thomas, the Executive Director of the National Film And Video Censors Board (NFVCB) noted that the conference which started in 2021, was geared toward bringing balance and equity to the ecosystem especially regarding the disruption of the digital era. According to him:

“The overall goal of this conference is to create a platform for robust dialogue between the government, through the regulator and the Video-on-Demand (VOD) platforms.

“This is led by the Over-The-Top Streamers, as the government strives to oversee, monitor, moderate and balance the digital phenomenon for all players.

“As the shift from traditional to digital content consumption and the operations of local and international Over-The-Top (OTT) streaming services continue to impact on the growth of the local film industry in Nigeria.

“It has become imperative to convene the second edition of this conference,” he said.

Mr Thomas commends NETFLIX and other key stakeholders and sponsors for extending a hand of partnership in the industry.

Cryptocurrency News: Big Drops Have Happened Recently, Whilst Big Eyes Coin Remain Steady

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Early on Tuesday, the price of bitcoin was $19,722, down more than 5% from the previous day, while the price of Ethereum was $1,482, down more than 6%. The sharp decline in cryptocurrency values on Tuesday comes after a significant withdrawal of tokens from FTX during the previous 24 hours due to concerns that the well-known exchange may be insolvent.

A brand-new cryptocurrency project called Big Eyes Coin is about to launch. It is now in the presale phase to raise funds and create a user and investor community as it prepares for its official launch. The presale for Big Eyes is already in its sixth stage, and the band has essentially raised $10 million. It is best to buy BIG tokens while they are still part of the presale since their value is predicted to increase as swiftly as that of Bitcoin and Ethereum.

Big Eyes Coin (BIG) Continues to Hit Milestones

Due to this year’s ongoing run of industrial mishaps, Big Eyes Coin entered the cryptocurrency market at a perilous time. Cryptocurrency specialists continue to be intrigued by BIG, a meme coin with a cat picture that aims to protect the sea, a crucial part of the global ecology, while also directing cash towards the decentralised financial sector.

In order to do this, the blockchain network plans to distribute 80% of the 200,000,000 already accessible tokens to organisations that support ocean conservation.

Now in its sixth round, the Big Eyes Coin presale. Nearly $10 million has been raised for the brand-new meme coin cryptocurrency known as Big Eyes Coin. Meme coins provide a fun and entertaining touch to the world of cryptocurrencies.

What is Uniswap (UNI)

Because of how easy it is to use, Uniswap is spectacular. Because it is open-source and free to use, anybody may create online wallets or mobile applications with its functional capabilities without needing to master sophisticated programming languages or have a high level of technical skill. Uniswap serves as a central hub for the management and storage of cryptographic assets.

Due to the Uniswap platform’s versatility, it can support any number of different currencies and any volume of user transactions without requiring any modifications to its fundamental programming or architecture. As a result, Uniswap is able to work with many currencies and function on several blockchains, including Bitcoin.

Bitcoin (BTC) Allows You to Pick n Pay in SA

No third party is ever included in any transaction that takes place between two identical, independent network members since Bitcoin is peer-to-peer in nature. In the words of Satoshi Nakamoto, the man who invented Bitcoin, “enable direct internet payments from one party to another without going via a banking institution.”

Recent confirmation that some of its stores are already taking bitcoin payments came from the South African business Pick n Pay. The Bitcoin Lightning Network, which is designed for high volume, low value transactions, is thought to be used by Pick n Pay to ensure that payments stay within reason.

 

To learn more about Big Eyes Coin (BIG) click below

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Meme Coins Taking Over: Dogecoin, Floki Inu, And Big Eyes Coin

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Meme coins are extremely popular when it comes to crypto and is one of the largest sectors in the market. Since 2013, the meme coin sector has grown tremendously and it seems to be continuing to evolve and develop. Dogecoin (DOGE) is the most popular meme coin and has paved the way for new meme coins such as Floki Inu (FLOKI) and Big Eyes Coin (BIG) to achieve high levels of success.

Power Of The Meme Coin

As meme coins have become popular in the crypto world, they come with influence. The reason for their popularity is their focus on the community. The success of a meme coin is often due to the online hype surrounding it as its main audience of users is social media lovers.

As Dogecoin was the initial meme coin to be created, its success came with a lot of influence. Other crypto enthusiasts saw the power that meme coins have and the high levels of success they can reach due to focusing on their community of users first.

Dogecoin is almost a decade old and is now a market leader. At the time of writing, DOGE is ranked 8th by market capitalisation according to coinmarketcap. Dogecoin has influenced hundreds of new meme coins to enter the market that all aim for the same level of success that Dogecoin achieved.

Despite being an old coin, Dogecoin is continuing to grow and evolve and it seems as if DOGE will remain the meme coin market leader for a long time.

Dogecoin Inspired Floki Inu

The second most popular meme coin is Shiba Inu, which was inspired by Dogecoin. Both Dogecoin and Shiba Inu are dog-themed coins which influenced a variety of newer meme coins including Floki Inu.

Floki Inu was created by the community of Shiba Inu and its name was inspired by Elon Musk’s pet dog. Although Elon Musk does not claim to own any SHIB tokens, he does own DOGE tokens which he announced in a public tweet. Due to this, Floki Inu aimed to achieve similar success and popularity as Dogecoin did. While it has not reached this level yet, Floki Inu has the potential for big success.

Big Eyes To Become As Big As Dogecoin?

Big Eyes is a new meme coin that is set to enter the market very soon. Currently, it is in presale and has raised over $9 million during this stage. As a typical meme coin, Big Eyes has emphasised that its main focus is its community and aims to create a fun platform for them to enjoy. With a clear roadmap, Big Eyes has big plans in place for its launch including an NFT club, NFT seasonal releases, a merchandise store, and more.

Additionally, Big Eyes has an open charity wallet in which 5% of BIG tokens are donated to charities to help better the planet. Although Big Eyes is influenced by Dogecoin in the sense that it is a meme coin and is aiming for similar levels of success, Big Eyes has not adopted the dog-theme coin but instead has gone for a cat theme. This helps Big Eyes stand out in the market and potentially attract a wider audience.

 

Learn more about Big Eyes Coin (BIG) here:

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

YouTube: https://www.youtube.com/watch?v=DxAjrXI_1uw

Is The Best Time To Buy Big Eyes? How Is It Set To Perform Against Dogecoin and Shiba Inu?

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Big Eyes Coin (BIG) is a new meme coin project that is set to officially enter the market soon. At the time of writing, Big Eyes is in presale which is arguably the best time to purchase a cryptocurrency due to low token prices. However, with a presale project comes risk, so let’s see how Big Eyes is predicted to perform against Dogecoin (DOGE) and Shiba Inu (SHIB), the two leading meme coins.

Investing in a presale project can be quite risky as it is unknown how well the project will do after its launch. Some projects that seem weak during the presale could end up being successful, whilst others that show potential may end up not facing overnight success as expected. This makes it difficult to find the right presale project to purchase. However, Big Eyes is a project that stands out from others. With all the necessary information at hand, Big Eyes seems to be on the path to success.

At the time of writing, Big Eyes is in stage six of presale and has raised $9.64 million so far! This is a big achievement as the crypto project has not launched yet. This is a strong indication of the big success Big Eyes is set to achieve.

Furthermore, what makes Big Eyes unique from other meme coins is that it aims to help the crypto market evolve. Whilst many meme coins are quite basic, Big Eyes aims to stand out from the rest by going against the traditional dog coin and adopting a cat-themed coin. Focusing on cats and the ocean, Big Eyes will release its first NFTs based on the oceans. This is to help spread awareness of ocean pollution. Additionally, Big Eyes has a charity wallet of which 5% of BIG tokens are donated to ocean-saving charities.

Can Big Eyes Coin Reach The Heights Of Dogecoin and Shiba Inu?

Dogecoin is the largest meme coin and Shiba Inu follows close behind as the second. Both meme coins are influential market leaders as they inspire new meme coins to achieve the same level of success as they did.

Both coins have Shiba Inu dogs as their logo which initiated the beginning of the dog family meme coins. Others include BabyDogeCoin, Floki Inu, and more. However, the other coins that have tried to adopt this theme have not shown to be as successful as DOGE or SHIB.

Big Eyes seems to be one step ahead right now as it has the support of a strong community of crypto users and has raised significant funds before its launch. Both DOGE and SHIB did not have this as they became popular after their releases.

Plus, as the crypto market has evolved significantly over the recent years, it seems as if Big Eyes is doing all the right things to help it become as big as Dogecoin and Shiba Inu.

Nevertheless, it is always best to conduct thorough research before making any crypto-related decisions or purchases as the market is volatile.

 

Find Out More About Big Eyes Coin (BIG) In The Links Below:

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

YouTube: https://www.youtube.com/watch?v=4uGZcVbeB08