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Two Crypto Tokens Poised for Massive Growth in 2022: Fantom and Big Eyes Coin

By
TI Partners
-
0

The crypto market is unquestionably growing at a tremendous pace. There has been a meteoric rise in the value of cryptocurrencies over the past 12 months.

The cryptocurrency market is extremely unstable, and even the most prominent cryptocurrencies could fail in weeks. However, a few of these digital currencies have maintained their market share. Investors in cryptocurrencies are always looking for new ones with promising growth.

We’ve compiled two digital currencies that expect significant growth in 2022. If you’re looking for the next big thing in cryptocurrencies in 2022 or want to diversify your portfolio with low-risk, high-reward digital assets, Fantom (FTM) and Big Eyes Coin (BIG) are excellent options.

Fantom (FTM)

Fantom (FTM) is a crypto platform that is permissionless, open-source, and decentralized and provides a high throughput. It was created to reduce the complexity of integrating smart contracts into decentralized applications. It’s able to fulfill this role thanks to a combination of factors. It also has its internal cryptocurrency, built on the ERC-20 standard.

The Fantom (FTM) project has a relatively simple but intriguing definition, given that it was developed around the same time the DeFi market began to gain popularity. Exorbitant gas prices that appeared when using the Ethereum (ETH) network were a source of frustration for many users.

As a result, several new crypto networks at the time offered drastically lower network fees. Numerous industry leaders have developed connectivity to the Fantom (FTM) network in solution provision, including Chainlink, Ren, Band Protocol, the Graph, and Waves.

To its credit, Fantom (FTM) is also an early example of a network that offers on-chain governance. Each token in the voting system is equivalent to one vote. On a scale from 0 (complete disagreement) to 4 (complete agreement), users can express their level of satisfaction with the recommendations.

Fantom (FTM) provides customers with fast, cheap, and secure payments using their aBFT. It’s not just one of the most important traits but also one of the most essential. The innovative Fantom network consensus method ensures a superior user experience.

big eye

Big Eyes Coin (BIG): Not Your Typical Meme Coin

One of the most anticipated releases in the history of the Ethereum network is the new meme coin Big Eyes Coin (BIG). The new meme coin plans to fully leverage the potential of DeFi to generate money for its community through the many advantages it can offer in the decentralized market.

Meme coins are well-known for their sizable and enthusiastic user base, prioritizing lightheartedness and the free exchange of humorous online content. With social media, BIG has built a network conducive to creating compelling stories.

Given the holders’ participation in the DAO-governed enterprise, the community can generate the necessary enthusiasm to propel Big Eyes Coin (BIG) to previously unattainable heights.

From an initial goal of $4.7 million, Big Eyes Coin has raised $9.42 million through its presale. The clock is ticking on Stage 6 presale, and with it, the chance to purchase tokens at the earliest possible stage. Be one of the first to buy the BIG token by signing up for the pre-sale here.

 

 

Rocketize Token Is Not Ready To Hold Back, Can It Aim To Leave Behind Polkadot And Cronos In The Financial Market?

By
TI Partners
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0

Long-term crypto holding is becoming popular because of the bear market. Traders tend to move towards fundamentally strong projects in such situations. Ethereum (ETH) and Cronos (CRO) are two of the most renowned tokens in the market, which are currently available at a low price. These have the potential to grow as they did last year. A new addition to the market is the Rocketize Token (JATO), currently completing its rounds of presale. There’s a lot to know about these projects, so don’t go back just yet.

The Pioneer Of Interoperability – Polkadot (DOT)

Polkadot (DOT) is a third gen blockchain network created to resolve interoperability and scalability. It connects multiple independent blockchain networks known as Parachains. These chains communicate through the Relay Chain, where validators are present to validate transactions. Polkadot (DOT) enables hundreds of developers to create blockchain-specific applications on the platform. The communication between chains is handled by DOT for a fixed amount of fee. Also, the transactions are done parallelly in the DOT ecosystem, thus increasing the number of transactions within a second. DOT has a market share of over $7bn and is currently trading under $10. Its rank lies within the top 15 tokens, according to CMC.

Backbone Of Interlinking Blockchains – Cronos (CRO)

Cronos (CRO) is a blockchain-based financial platform that provides crypto trading exchange and decentralized finance options. Cronos (CRO) uses CRO as its primary token, which handles the transaction fees. It cannot be mined and is not available for US citizens. Crypto.com is the parent network of CRO, which wants to ease the transition to cryptocurrency for traders, consumers, and businesses. It is a closed-closed network that wants to become the core cryptocurrency for blockchain financial services. Its exchange has multiple tokens, making it easier for traders by having everything in one place. CRO has over 30 billion coins and is currently trading below $1. It ranks in the top 30 with a market cap of just below $3bn.

Rocketize Token (JATO) – Ready To Take Off Into An Intergalactic Journey

Rocketize Token (JATO) is a space-themed decentralized token with multiple uses. Memes have become a primary source of communication nowadays, and JATO has taken it upon itself to investigate and put forth the best use cases. It wants to revolutionize communication in Web 3.0. In this ecosystem, a 2% tax is made necessary on each transaction. Half of it will go to JATO holders, and the other half is burned to sustain its token’s value among big projects. JATO is also finding ways to interlink blockchain networks but let’s see what the future holds for it.

Get A Bag Full Of JATO Tokens On A Limited Budget

Yes, you heard that right. JATO coins are available in presale, and you can get over 100k tokens for 1 USDT. The number of coins will start to decrease as the presale progresses. You can use the button below to reach the registration page and get your share of coins. Over $70 has been accumulated, and on reaching $200k, stage two will be initiated.

Ethereum (ETH), Cronos (CRO), and Rocketize Token (JATO) can be potential gainers in the long run. You can buy these tokens at a low price and keep holding them for a good profit margin. This isn’t financial advice, so make sure to do your research. If you make up your mind to buy JATO coins, use SHIB or BTC, as it will give a 15% bonus on your first purchase. You can also become eligible for a 45% bonus if you use $2500 to buy JATO. Try to purchase tokens within 30 minutes of registration, which will give you a reward of 60% more tokens after the presale commences.

Rocketize Token (JATO)

 

Presale: https://rocketize.io/buy

Website: http://rocketize.io

Telegram: https://t.me/RocketizeTokenOfficial

Dogeliens Token: An Upcoming Meme Coin with a Connection to Dogecoin and Binance Coin

By
TI Partners
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0

Meme coin Dogeliens Token (DOGET) is a new crypto project with a connection to Dogecoin (DOGE) and Binance Coin (BNB). Read on to learn about DOGE & BNB and how DOGET relates to the two.

Dogecoin (DOGE) – A Cute Dog-based Meme coin

Dogecoin (DOGE) is an open-source, peer-to-peer payment system created as a joke. It was meant to mock the traditional cryptocurrencies being a fun and light-hearted alternative. But it gained vast popularity and became the King of meme coins. Based on Litecoin, the crypto carries the dog Shiba Inu as its mascot. It operates on PoW (Proof-of-Work) consensus mechanism.

DOGE has an unlimited supply and is used mainly as a tipping currency on social media platforms. Moreover, the meme coin is also being adopted for fundraising and donations. With a rank in the top 10 on CoinMarketCap (CMC), DOGE presently has a market cap of over $17.6 billion. As of writing, the coin was trading under $0.2 while its last ATH (All-time high) was $0.7376 in May 2021.

Binance Coin (BNB) – Utility Token of the Binance Smart Chain (BSC)

Binance Coin (BNB) is the crypto that powers the Binance Chain or BNB Chain ecosystem. The ecosystem consists of numerous decentralized, blockchain-based networks. It includes the largest crypto exchange by volume, Binance, BNB Chains, Binance Academy, Trust Wallet, and other projects. Its token BNB is used as a virtual payment for goods & services, settling transactions, participating in exclusive offers, and discounts on trading fees. Moreover, it periodically burns coins to create a deflationary effect and sustain its value. With a market cap of over $53 billion, the crypto currently ranks in the top 5 on CMC. BNB traded under $340 at the last check against its previous ATH of $690.93. Furthermore, its max supply is fixed at 200 million tokens, while nearly 160 million are in circulation now.

Dogeliens Token (DOGET) – A New Meme Coin on BSC, Adding Utility to Cute & Fun

Themed after DOGE, Dogeliens Tokens (DOGET)s are an alien breed of dogs from a planet called Puptopia. This meme coin operates on BSC while bringing utility to the cute associated with meme coins. In addition to bringing fun to its community, DOGET also adds learning to the mix through its University of Barkington. The platform will provide educational content as well as virtual classrooms on topics like blockchain, cryptocurrencies, and subjects like Mathematics, etc. Moreover, its fun aspect will come from its NFT (Non-fungible token) collection and merch store.

That’s not all; the meme coin will also contribute to charities with a 3% tax on each transaction reserved for the cause. The project has a thorough action plan and a total supply of 25 billion. Additionally, DOGET plans to invade the metaverse with numerous integrations and innovations on the way.

Process of buying DOGET in its Presale

The meme coin is presently in the first stage of its presale and has collected over $50K. The process of buying the token is pretty simple. All you need to do is visit their presale page and link a crypto wallet with enough funds in ETH, USDT, or BNB. Swap your crypto for DOGETs at 1000 tokens against each USDT. Be ready to collect the purchased tokens once the presale concludes. Summing up, DOGET is an upcoming meme coin inspired by DOGE and operating on BNB Chain.

 

To learn more about Dogeliens Token (DOGET), you can visit the following links:

Presale: https://buy.dogeliens.io/

Website: http://dogeliens.io/

Telegram: https://t.me/DogeliensOfficial

Nigerian Government Revenue Agency, FIRS, Enlists the Services of Telcos and Banks in New VAT Rule

By
Tiamiyu Ismail
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1

The Federal Inland Revenue Service (FIRS) has announced that Nigerian Telecommunications frontline companies, MTN and Airtel as well as Deposit Money Banks (DMBs) will now be saddled with responsibility to withhold value added tax (VAT) charged on all taxable supplies made to them which will subsequently be remitted to the Federal Government’s account. The new policy will be effective by January 2023.

The VAT that will be witheld by these companies are to be remitted to the FIRS on or before the 21st day of the month immediately following the month the tax was withheld, in the format prescribed by the service.

In a public notice FIRS released on Monday and signed by Muhammad Nami, the FIRS executive chairman, the role of the selected companies as well as the obligations of their suppliers with regards to the withholding of VAT were addressed. The public notice read as thus:

“This notice is given to all persons carrying on trade, profession or business of any kind, tax practitioners and the general public that, with effect from 1st January, 2023; in line with the provisions of section 14(3) of the value added tax act cap. V1 LFN 2004 (as amended), the following companies are appointed to withhold or collect VAT charged on all taxable supplies made to them: MTN; Airtel; and all money deposit banks—as defined by the CBN guidelines,” the notice reads.

“The companies shall remit the tax withheld or collected, in the currency of transaction, to the service on or before the 21st day of the month immediately following the month the tax was withheld or collected,” the notice reads.

“The tax withheld or collected under this notice shall be remitted in the format prescribed by the service but separately from VAT due on the companies’ taxable supplies.”

The FIRS further explains that a supplier whose output tax is withheld, as provided in the notice, “may deduct the input tax paid on the goods purchased or imported to make the taxable supply from the output tax collected on other taxable supplies”.

“And where the input tax paid to make the supply is not fully recovered from the output tax on other taxable supplies, the balance is refundable to the supplier; provided that a supplier who is entitled to a refund may utilise the amount refundable to offset future VAT liability or request for a cash pay-out.” FIRS added.

The revenue agency of the Federal Republic of Nigeria assured that adequate measures have been put in place to ensure prompt payment of refundable input tax under the new arrangement. It also said input tax claims, which include refunds, are subject to the limitations imposed by section 17(2)(a) of the VAT act.
Section 17(2)(a) of the VAT act states that, “input tax on any overhead, service, and general administration of any business which otherwise can be expanded through the income statement (profit and loss accounts) shall not be allowed as deduction from output tax”.

According to the PricewaterhouseCooper (PWC Nigeria), cited in news article by the Cable, under the withholding VAT rule, customers will be required to pay the vendor net of VAT while the VAT is remitted directly to the FIRS as against the supplier or service provider charging VAT on their invoice which is to be paid by the customer along with the price of the good or service for onward remittance to the FIRS. PWC Nigeria was reported to have said customers of MTN, Airtel and banks will not be affected, and the prices of telecom and banking services should remain the same.

“VAT is administered by FIRS at a charge rate of 7.5 percent. It (FIRS) transfers the generated revenue from the tax paid to the three levels of government via the federation accounts allocation committee (FAAC)” the cable reported.

STEM and STI Skills Are Africa’s Future

By
Ojukwu Emmanuel
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0

It is a well-known fact that Africa’s economic prospects are being constrained due to the shortage of digital and technical skills in many sectors across the continent, hence the need for youths in the region to be properly equipped with STEM (science, technology, engineering and mathematics) and STI (ience, technology and innovation ) skills.

The possession of these skills will no doubt build their capacity which will be geared towards unlocking Africa’s future, as well as the achievement of a sustainable economy for the continent.

Given the complexity facing the developing world, economic growth, and improvement in the standard of living, there will continue to be great reliance on technological breakthroughs and innovations.

Unfortunately, STEM and STI skills in Africa are falling behind when compared to the rest of the world. The continent faces a big challenge of shortage of innovative solutions as only a low percentage of students graduate with STEM and STI-related degrees.

The African Development Bank (AFDB) reported that less than 25% of African higher education students pursue STEM-related career fields as a large percentage of students pursue social sciences and humanities courses.

With the world rapidly evolving into a digital age, the limited STEM and STI Skills in Africa have no doubt limited a large percentage of the workforce in accessing digital and high-quality jobs.

The implication of this is that without adequate investment in STEM and STI skills, Africa will be faced with difficulty in having to evolve with the rest of the world as well as failing to achieve the goals that the African Union (AU) has laid out for the continent in her 2063 agenda.

The AU’s agenda for 2063 aspires for inclusive growth and sustainable education programs that can ensure skills revolution, accentuating innovation, and Science and Technology in Africa. This is why it is critical for education in Africa to reach new levels, particularly with skills that can promote more STEM and STI jobs thereby unlocking its future.

To achieve this, it is only ideal that governments in Africa see the large population of youths as a great advantage by investing heavily in STEM AND STI Education to enable them to compete with the rest of the world.

If this is properly and efficiently carried out, Africa will likely become one of the fastest developing economies in the world due to its large population size, which will no doubt bring about investments, innovations, and the reduction of unemployment amongst others.

It is however important for government agencies in Africa to know that STEM and STI Education is key to unlocking Africa’s future, which will harness the potentials of young people.

Despite the shortage of STEM education and STI skills in Africa, it is interesting to note that governments of some African countries have already begun to introduce STEM AND STI education in their country, as well as some African agencies.

For example, the African Union Continental Education Strategy For Africa (CESA) aims to transform Africa’s education and training systems to generate sustainable knowledge, competencies, skills, innovation, and creativity suitable for Africa’s socioeconomic development.

Also, the African Union High-level Panel on Innovation Emerging Technologies (APET) has  encouraged member countries of the AU to sustainably develop and inclusively implement practical and localized STEM education.

Some African countries have taken huge steps by revitalizing and expanding access to quality education, harnessing the capacity of training systems, and harmonizing education management and integration by strengthening STEM and STI education in their school curricula. Some of these countries are Ethiopia, Zimbabwe, Ghana, Rwanda, Kenya, etc.

Using Rwanda as a case study, the East African country has significantly promoted STEM education across all levels of study. In 2019, Rwanda introduced the newly developed education curriculum referred to as the “New Competence-Based Curriculum” for pre-primary up to upper secondary education.

Also, the country’s one-laptop per child (OLPC) flagship program has encouraged ICT-enabled primary school education. Today one can attest to the fact that there is so much development in Rwanda. With a robust STEM and STI education infrastructure, students in Africa can easily carry out some experiments independently and improve their problem-solving skills as needed by the knowledge-based economy.

These skilled students can use innovative technological equipment that can be used in the African region to develop a lot of things that will give the region a competitive advantage over other nations.

Enhanced STEM education and STI-related outputs can drive the economic performance for the African continent, as this has been observed in other continents such as Asia, Europe, and the Americas.

Conclusion

Over the next decade, job openings requiring STEM literacy have been predicted to increase. It has become apparent that STEM and STI skills are an important determinant of a country’s economic development and security.

Countries that have invested in STEM and STI education have no doubt experienced global prominence. For instance, studies estimate that between 50 to 85 percent of U.S GDP in the past 50 years can be attributed to advancements in STEM education, with many of its universities taking over the world rankings for their excellence in STEM degrees.

Therefore, in Africa STEM and STI skills is a very critical leg to creatively develop the solutions and innovations that are needed in the region.

Africa is blessed with so many skilled youths who need their talents to be harnessed through the right education (STEM & STI). When this is carried out effectively, there is no disputing the fact that the African continent will become an envy to other continents across the globe.

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