DD
MM
YYYY

CATEGORIES

PAGES

DD
MM
YYYY

spot_img

CATEGORIES

PAGES

Home Blog Page 4724

Will 2023 Be The Year For Meme Coins? Comparing The Rocketize Token – A Meme Coin – With Toncoin And Theta Network

By
TI Partners
-
0

It requires knowledge and effort to understand the trends in the crypto market, as it is highly volatile. New tokens are released every other day, but only a few make a name for themselves.

Rocketize Token (JATO) is one of the new projects currently in presale and has started to make a name for itself in the crypto space. This article will give an overview of JATO along with Toncoin (TON) and Theta Network (THETA) to show what these projects are doing to deserve a top spot. Make sure to read ahead.

A Cost- Effective Transactional Platform – Toncoin (TON)

Toncoin (TON) is a blockchain network that uses the PoS (proof-of-stake) model for its ecosystem, making it efficient, secure, and scalable. It started as a payment provider for crypto via Telegram, but due to some issues with payment transparency, TON and Telegram parted ways. TON is the utility token of the Toncoin (TON) network, which stands for “The Open Network” It now facilitates transactions with low fees. It has also created apps where you can buy services using TON tokens. It is currently trading at over $1 with a market cap of over $1.5 billion.

A Video- Streaming Blockchain – Theta Network (THETA)

Theta Network (THETA) is a blockchain network that incentivizes users who share their computer’s bandwidth to operate a decentralized streaming platform. As more people join THETA, it becomes faster due to increased bandwidth. THETA uses this network bandwidth to relay videos to the audience. Enterprise validators are companies that stake THETA for transactions on the platform. Then there are Guardian nodes validating the enterprise transactions. And lastly, Edge nodes, which are people offering system bandwidth. THETA currently has a market cap of over $1 billion and ranks in the top 50 currencies. Also, it is trading just above $1 and has a supply of 1 billion tokens.

Creating An Atomic Nation – Rocketize Token (JATO)

Rocketize Token (JATO) is yet another meme token that is growing at a fast pace during the presale, having raised over $70k already and  aiming to hit $200k in the initial stage. It is investigating the new era of communication, built on comic, visual, and literary formats.

JATO is the native utility token of this network, which is pronounced as “Jet Assisted Take-Off.” It is based on the Binance Smart Chain platform, utilizing its resources. On every transaction of Rocketize Token, a 2% tax is deducted. Half of it will go to JATO holders, and the other half will be burned to promote deflation. Rocketize Token (JATO) is also planning to launch two NFT marketplaces in the third stage, according to its roadmap. The network has a few more interesting launches that you can read on its website.

How To Buy JATO Tokens And Be A Part Of A Community- Driven Project

Rocketize Token (JATO) is currently in the presale phase, where anyone can get 118399 JATO tokens in exchange for 1 USDT. You can use any currency to buy JATO coins from the website. The only thing you need is a crypto wallet, preferably Metamask. And the amount in BTC, ETH, USDT, or other for buying your desired number of JATO tokens. After your purchase, the tokens will be credited to your wallet after the presale commences.

Toncoin (TON), Theta Network (THETA), and Rocketize Token (JATO) offer a wide range of utilities to their users and can be a worthy addition to your portfolio. JATO is yet to enter the market, so time will tell whether it has the potential or not. A bonus of 15% awaits you while purchasing JATO tokens with BTC or SHIB, and a 12% bonus on using USDT or BNB. Additionally, you can receive a 60% bonus on making your purchase within 30 minutes after registration. Seems low still? Then make your 2nd and 3rd purchase, and you are in for a 70% and 90% bonus, respectively.

For more information on Rocketize Token (JATO), you can visit the following links:

 

Rocketize Token (JATO)

 

Presale: https://rocketize.io/buy

Website: http://rocketize.io

Telegram: https://t.me/RocketizeTokenOfficial

3 Of The Coolest NFT Projects In 2023: BudBlockz, Azuki, and MoonBirds

By
TI Partners
-
0

The success of cryptocurrencies and NFTs have been a game changer for the financial services industry, which until a few years ago used to pivot around institutions like investment banks and brokerage firms. The investors had little to no role in deciding how their money was being used. Also, they always had to pay a certain share of their returns as tax or a charge like a brokerage. Decentralized finance (DeFi) assets like cryptocurrencies and NFTs limit the role of third-party institutions and enable investors to decide where their assets are going. BudBlockz, Azuki, and MoonBirds are 3 NFT projects with unique utilities.

BudBlockz: Minting New Games with Blockchain-Powered Tools to Empower the Cannabis Industry

BudBlockz is a blockchain platform where users can securely and legally access the international cannabis market and benefit from its regulated adoption. BudBlockz has been designed as an e-commerce platform that bridges the gap between cannabis enthusiasts and the global markets. Built on the Ethereum network, it aims to regularize market research, production, and other facets of the industry with a professional take.

As it grows, it hopes to help corporations and entrepreneurs working with cannabis solve problems like seed-to-sale tracking, data management, fundraising, and logistical challenges. Moreover, its smart contracts are verified by third-party organizations like Solidity Finance for enhanced data privacy and security.

Its native token, $BLUNT, is the primary cryptocurrency for the network. It can be used for transactional uses that include staking, liquidity management, signing up petitions, and fetching rewards, among others. The token is built on the ERC-20 protocol of the Ethereum blockchain and will be available on presale.

Another distinctive feature of the platform is that it is deflationary, which means that these tokens are regularly burned to ensure that the supply is always limited and scarce.  The platform can minimize fluctuations and keep the price stable in the long term by keeping the supply scarce. The supply of the token has been capped at 420,000,000 units, and around 35.6% of the supply will be diverted toward presale. Users will also be able to buy on private sales, and 6.4% of tokens will be reserved. The remaining tokens will be divided into categories: liquidity pool management, marketing activities, developers’ wallets, project partners, and founders. Plus, 2% of the supply will be allocated for BudBlockz’s ‘How High’ token burn events to keep the price of the $BLUNT token stable.

A key USP of the platform that’s likely to fetch brownie points from users is its NFT series, called the Ganja Guruz collection. The limited NFT series is built on Ethereum’s ERC-721 standard and is inspired by video games from the 1990s. The collection comprises a mix of digital art, and the total supply is fixed at 10,000 units.

BudBlockz might emerge as a leading network for many cryptocurrency analysts in the future, given its higher potential for growth. By opening up a highly regulated sector like cannabis for its users and offering multiple income-earning opportunities, BudBlockz has a far-reaching impact on users. Investors, on the other hand, can boost their incomes over the long term and also earn passive income.

MoonBirds: An NFT Series to Earn Sky-High Rewards

MoonBirds is a decentralized platform for creating and trading NFTs. Users can look forward to selecting between over 10,000 utility-enabled assets called MoonBird that sport a unique set of traits. By buying a MoonBird, owners gain access to a private club called PROOF Discord and get to increase their rewards by simply holding them. So, the longer they hold the assets, the higher the rewards. At PROOF discord, MoonBird owners can gain entry to Parliament meetings, real-time events, and MoonBird-related airdrops.

Azuki: An NFT Brand for the Metaverse

Azuki is a decentralized platform aiming to build a metaverse brand and facilitate NFT trading. It features a collection of over 10,000 avatars, and by buying an NFT, users will get a membership to its thriving community, which is called The Garden. Once you gain access to The Garden, you can leverage NFT drops, live events, and exclusive streetwear collaborations, among other benefits. The NFTs on Azuki feature themes like art and community.

 

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/

Presale Registration:: https://app.budblockz.io/sign-up

Telegram Group: https://t.me/BudBlockz

Discord Server: https://discord.gg/s7hBFgvTmN

All BudBlockz Links: https://linktr.ee/budblockz

Trapped Funds: Once Again, Emirates Suspends Flights Operation to Nigeria

By
Samuel Nwite
-
0

Emirates Airlines has once again suspended its flight operation to Nigeria due to failure to repatriate the company’s earnings trapped alongside other foreign airlines funds.

A statement issued by the company said the suspension took effect from October 29 2022.

The alarm of the trapped fund, which amounts to more than $500 million, was raised in June by the International Air Transport Association (IATA). The organization had described talks with the Nigerian government respecting the repatriation as a “hectic ride”.

Emirates’ share of the fund is $85 million. The company had in August suspended its operation to Nigeria, in a push to get the government to act.

The Central Bank of Nigeria (CBN), which later intervened – releasing $265 million to the affected airlines, attributed the unfortunate situation to Nigeria’s forex crisis. Aviation Minister Hadi Sirika said it is not the first time Nigeria was withholding funds belonging to foreign airlines but there are efforts to see that the funds are released. The CBN had promised to release another $120 million to the international carriers to offset part of the trapped funds by the end of October. But according to the United Arab Emirates’ national carrier, the central bank has not lived up to that promise, forcing the company to suspend its flight services to Nigeria once again.

Emirates said in a statement that it can longer continue operations to Nigeria as that will result in accumulation of its trapped funds.

“Emirates has continued to actively seek a solution for the repatriation of the remainder of its blocked funds in Nigeria. We were encouraged by the Central Bank of Nigeria’s efforts of reviewing our request, and considered that this critical issue would be swiftly resolved with the subsequent clearance of our remaining funds.

“However, Emirates has yet to receive an allocation of our blocked funds to be repatriated. Without the timely repatriation of the funds and a mechanism in place to ensure that future repatriation of Emirates’ funds do not accumulate in any way, the backlog will continue to grow, and we simply cannot meet our operational costs nor maintain the commercial viability of our operations in Nigeria.

“We have officially communicated our position and attended multiple hearings with the Nigerian government, and we have made our proposed approach clear to alleviate this untenable situation, including a plan for the progressive release of our funds. This included the repatriation and receipt of at least 80 percent of our remaining blocked funds by the end of October 2022, in addition to providing a guaranteed mechanism to avoid future repatriation accumulation challenges and delays.

“Under these extraordinary circumstances Emirates had no option but to suspend flights to/from Nigeria from 29 October 2022 to mitigate against further losses moving forward.

“We hope to reach a mutual resolution with the Nigerian government around the repatriation of blocked funds to enable the resumption of operations and connectivity for travelers and businesses,” the statement said.

Other airlines affected are also contemplating towing the path of Emirates. IATA said in August that the government’s delay in repatriating the fund is causing more damage.

“Airlines can’t be expected to fly if they can’t realize revenue from ticket sales. Loss of connectivity harms the economy, hurts investor confidence, impacts jobs and people’s lives. The Government of Nigeria needs to prioritize the release funds before more damage is done,” IATA said.

Bribing Nigeria, the UK and Africa by Glencore

By
Ndubuisi Ekekwe
-
1

Glencore, a commodities giant, has been ordered to pay $314 million penalty by a UK court for bribing officials across Africa to gain access to oil: “The SFO investigation found that Glencore had funneled about $29 million worth of bribes between 2011 and 2016 through its workers and agents across its oil operations in Nigeria, Cameroon, the Ivory Coast, Equatorial Guinea and South Sudan”. 

There is no way you will not like Americans and the British people: they extract fines on companies for misbehaving in Africa. Yet, the victims (yes, the Africans) get nothing because our governments are the ones being bribed, and cannot prosecute their dear customers!

But look deeper, everyone is being bribed. Indeed, the UK is bribed along with African leaders because in most of these court cases, one thing is missing: the identities of people who received the money. In this case, Glencore agreed that it bribed and has the list of those bribed in Africa, but the UK government has refused to make that list public.

So, Glencore bribed in Africa, and in the UK, it bribed in the court. So, in the end, nothing changes. For Glencore, it can go back to its client and add an extra layer of costs, recognizing the bribes in Africa and the bribing-fines which never reveal the players, as the costs of doing business.

Judge Peter Fraser said Thursday that “bribery was accepted as part of [Glencore’s] West Africa desk’s way of doing business” and was “endemic amongst [its] traders.”

Bribes paid to state-owned oil companies and government ministries across Nigeria, Equatorial Guinea and the Ivory Coast were often concealed as an unspecified “service fee”, “signing bonus” or “success fee,” the SFO said, citing Glencore’s financial reports.

It also found that, between 2012 and 2015, a Glencore trader and Nigerian agent withdrew a total $13.7 million in cash from Glencore’s Swiss cash desk. The cash was flown on a private jet to Cameroon, where it was used to bribe officials in the country’s national oil and gas companies.

So, in the end, nothing changes. Never see what the UK is doing as fighting corruption. I will hail them when they publish the names of these crazy Africans which remain sealed.

MTN Partners Sanlam to Market And Distribute Insurance And Investments Products Across Africa

By
Ojukwu Emmanuel
-
0

Multinational telecommunications company MTN has partnered with Sanlam, Africa’s largest non-banking financial services company to enhance the spread of insurance and investment products across Africa.

This partnership will see Sanlam offer its products on MTN’s website, mobile App, and USSD platforms, which aims to provide greater access to these services for people who have been faced with difficulty in accessing these services via traditional routes in the past.

The Alliance will be implemented through MTN’s Insurtech platform known as aYO holdings, which will see each partner hold 50% of aYO.

While announcing the partnership in a press release in August, MTN said, “While approximately 46% of Africa’s population has access to and uses cell phone services, insurance penetration remains low at less than 5% in most markets except South Africa.”

Speaking about MTN’s partnership with Sanlam, MTN’s group president and CEO Ralph Mupita said, “The alliance was aligned to the Group’s strategic intent to lead digital solutions for Africa’s progress. We are confident that this alliance will build and leverage the strengths and assets of both companies to establish a digital insurance and investment capability across Africa.”

Also commenting on the partnership deal is Sanlam Group CEO Paul Hanratty, who said “We are delighted to reach such a critical stage in our drive to deepen penetration of insurance and investment products across Africa through strategic partnerships.”

“We are confident that a strong foundation is in place for this alliance. Sanlam believes that this strategic alliance with the MTN Group will make a considerable contribution to financial inclusion in Africa.”

“It gives us great pride to be able to partner with MTN to build the best possible range of solutions in the insurance and investment arena for consumers. We anticipate strong long-term growth in mobile financial services and insurance and investments are no exception to this“.

Through this strategic partnership, MTN hopes to accelerate its insurance technology (insurtech) offering across the African continent, via Sanlam’s geographical licensing reach, and its wide-ranging product offering.

Currently, MTN’s insurtech business has around 6 million active policyholders, but it aims to achieve 30 million policyholders by 2025.

For Sanlam, the strategic collaboration with MTN will create a better opportunity to widen the reach of its products and expand its operations in Africa by offering insurance to MTN’s existing customers.

The insurance company is recognized as the largest in Africa, with Its listings on the Johannesburg Stock Exchange, the Namibian Stock Exchange, and the A2X. Established in 1918 as a life insurance company, Sanlam Group has developed into a diversified financial services business.

Its five business clusters comprise Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, and Santam. Last month, FBNInsurance completed its rebranding project to be known as Sanlam Life Insurance Ltd following Sanlam’s take-up of 100 percent shareholding in FBNInsurance.

1...4,7234,7244,725...7,952Page 4,724 of 7,952

© Tekedia. All rights reserved.

Term & Privacy

© Tekedia. All rights reserved.

Term & Privacy