The functionality of a cryptocurrency is solely dependent on security and liquidity rate in creating lasting trust in an investor’s mindset. The blockchain industry and its project institute have been plagued with different system breaches and scams or fraudulent activities. The crime of infringement knows no bounds as it extends toward the most secure stablecoins and in-game currency for gaming industries like Solana (SOL). The cross-chain exchanges without ungraded fortification will prove weak to the challenge and lose public interest in their crypto projects.

There is an increased search for a cryptocurrency that will relatively improve investors’ interest in the DeFi space. The potential of the token must respond positively to standard communication and promotion strategies. The decentralized financial system and users must also generate massive profits from such a meme coin agenda. Lastly, the non-fungible token vision of the crypto network must be favoured by this coin. The very best option worth consideration is the Rocketize Token (JATO) project.

Rocketize Token: Detailed Agenda and Prospect

Rocketize tokens will ace the meme world with deflationary tokenomics that improve the equilibrium price through constraint force on circulating supply. The utility token for the ecosystem is JATO, meaning Jet-Assisted Take-Off. The Rocketize network is a perfect projection on its terms, and it’s equipped with objectives to create sustaining wealth for its community. The project is a community-driven agenda as developers and creators are monetarily reimbursed for their efforts without portion allotments on token supply.

The prospect of Rocketize networks has its navigation with 2% tax charges on every transaction. The JATO token proposes a directly proportional increase in demand and price as it cuts supply. Investors garnish more returns after the baby action, an aftermath of the launch. The utilization of the token as collateral is possible through decentralized finance (DeFi) for other smart contracts. Ideally, the conservative rate of DApps on the DeFi network is over 13%, far more than 0.5% of the centralized financial system. The promotion mechanism will be optimized through active and ever-growing community, meme culture, and social media.

Rocketize Token vs Fantom

The Fantom project is built to serve as an alternative medium for DApps in place of Ethereum. The open-sourced decentralized smart contract project is a directed acyclic graph (DAG) with consensus algorithm services for developers. The in-house token for the Fantom ecosystem is FTM. The network is centred on two technologies, namely the Lachesis protocol and Opera. The protocol aspect allows high scalability among cross-chain exchanges without compromising network processes. To maintain network efficiency with maximum security and transaction speed, Fantom (FTM) platform proof-of-stake payment and leaderless validation are required. The Fantom (FTM) platform is compatible with Ethereum ERC-20 and BEP2 standards with reservations that serve as staking rewards.

Rocketize Token vs Axie Infinity

The players’ owned and controlled projects like Axie Infinity are rare in blockchain-based trading and battling games. The Axie Infinity gaming network is themed with an axies structure with body parts combinations that are variable and unique. The non-fungible token (NFT) is centred on the battle attributes that improve the winning team’s body parts and increase the participation stats. The players’ creativity will birth offspring that are marketable on Axie platforms. The utility and governance token for community members’ access to decision-making is known as Axie Infinity Shards (AXS).

Path Navigation to Purchasing Rocketize Token

The Rocketize ecosystem has started the presale of the $JATO token for potential investors and crypto users. With an equipped liquidity pool and the deflationary prospect of an increasing equilibrium price, the JATO total supply is projected as a unique marketable meme coin. Purchases can occur over cross-chain networks including Fantom, Polygon, and Binance Smart Chain BSC to further DeFi space optimization. The speculated vesting period for Rocketize Token will last two months, a clarion call for early investors.

To Conclude

The combination of the DeFi and DAO mechanisms is a relative factor of the cryptocurrency system. The system will continue to yield millions in return for any investor that chooses the right portfolio to invest in. The market-attracting platform for potential investors is the Rocketize ecosystem in combination with Fantom and Axie Infinity.

Rocketize Token (JATO)

Presale: https://rocketize.io/buy

Website: http://rocketize.io

Telegram: https://t.me/RocketizeTokenOfficial

If you’re into rare items and collectibles, you’ll want to check out the Mushe (XMU) and R Planet Collections on OpenSea. These are two of the most impressive collections of digital items, and they’re both available for purchase now. Let’s take a closer look at these collections and see what makes them so special.

Mushe (XMU) NFT Collectibles

Web3 may be the future, but it’s not the easiest thing to get into for the average person. That’s where Mushe (XMU) comes in, an ecosystem of decentralized tools and applications that makes it easy for anyone to get involved with the world of digital collectibles.

There will be a decentralized chat, metaverse, digital asset wallet, and more. All these tools will be available for anyone, regardless of their experience level. Plus, in every aspect of the ecosystem, users can earn rewards for their participation.

NFTs play a BIG role in the Mushe (XMU) ecosystem, and the first collection is about to hit OpenSea on October 31, 2022. There is a lot of excitement surrounding this release as it will be the first time Mushe (XMU) collectibles are available.

 Unlike many other collectibles on the marketplace, Mushe (XMU) NFTs are utility tokens. This means they have real-world value and can be used to purchase exclusive products from within the Mushe (XMU) ecosystem.

This is why the Mushe (XMU) NFTs take OpenSea collectibles to new heights, as they offer a level of utility and practicality that other collectibles cannot match. If you’re looking for digital collectibles that are truly unique and have the potential to change the way we interact with the digital world, then you need to check out Mushe (XMU).

To start browsing the MusheVerse collection, go to OpenSea on 31st October and sign up for an account. After you connect your digital wallet and fund it with some ETH, you’ll be ready to start trading Mushe (XMU) NFTs.

R Planet Genesis NFTs

R Labs, a women-led organization, has just released an NFT project that combines digital assets with positive experiences in the real world.

Purchasing an R Planet Genesis NFT gives exclusive access to the whole ecosystem, which includes a digital world, an online store, and a physical space. This is the chance for fans of R Planet to claim exclusive products – both in the physical and digital worlds.

Here are some other benefits of owning an R Planet Genesis NFT:

• Access to events and airdrops
• Rewards for loyalty
• Priority access to all token drops
• Having a say in how the project helps the community
• Network opportunities with other R Planet Genesis owners

There are 8,888 R Planet Genesis NFTs, and each is a unique work of art. So far, the project has a total 413 ETH trading volume on OpenSea, with a current floor price of 0.055 ETH.

New Heights

Both the Mushe (XMU) and R Planet Collections offer something unique and exciting, and they’re both available on OpenSea. You need to check out these two collections if you’re looking for digital collectibles that are truly one-of-a-kind. They’re sure to take your collection to new heights with utility tokens, physical spaces, and so much more.

How To Purchase Mushe (XMU)

For newcomers looking to get involved and buy Mushe token, you will need a compatible ERC20 wallet such as Metamask or Trust Wallet, which will need to be connected to UniSwap or you can use the MusheSwap website: https://swap.mushe.world/

Once the wallet is connected to UniSwap, you will need to press the swap button and specify Mushe (XMU) contract address: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF or you can click the link here: https://app.uniswap.org/#/swap?chain=mainnet&outputCurrency=0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF.

After this, all that is left to do will be to confirm the amount of XMU tokens you would like to buy and the crypto you would like to exchange for it and complete the swap.

Learn more about Mushe (XMU)

Official Website: https://www.mushe.world/

Community Links: https://linktr.ee/musheworld

XMU Contract: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF

One of the most important post-incorporation compliance requirements for a company in Nigeria is the direction for its directors, management and members to have specific types of meetings for the purpose of charting the course of the company’s progression as well as for the purpose of passing resolutions authorizing certain actions or transactions of the company.

This article will be talking about the following subtopics of :

– Notices of Company meetings under Nigerian law

– The persons entitled to notices of company meetings in Nigeria

– The types of company meetings in Nigeria.

How are notices of company meetings to be passed under Nigerian law?

Notices of meetings are to be prepared by a company secretary and passed to all persons entitled to attend such meetings.

What is the time frame/length of notices of company meetings under Nigerian law?

Notices of company meetings under Nigerian law are to be for no longer than 21 days from the date of the notice being passed by the company’s secretary.

This does not mean that shorter notices cannot be called by a majority of a company’s members having voting rights and entitlements to notices of a company meeting.

Who are the persons entitled to a notice of a company meeting?

The persons entitled to notices if a company meeting include :-

– Legal representatives of members of a company (this would also apply to trustees of the estates of members of the company).

– Shareholders/members of a company.

– The Company Secretary of a company.

– All directors of a company.

– Every auditor of the company.

What should be the contents of a notice of a company meeting in Nigeria?

A notice of a company meeting must specify the date, place and venue of the meeting as well as details of the general business to be deliberated on at the meeting.

A notice of a company meeting is also to specify if a resolution is to be considered & voted on at the meeting as well as the details of the proposed resolution.

It should also be states that the purpose of a meeting is for transacting ordinary business of the company where the notice is for an Annual General Meeting(AGM).

What are the types of company meetings in Nigeria?

The types of company meetings currently allowed under Nigerian law are :-

– Statutory Meetings :- Which must be held within 6 months of a company’s incorporation followed by the filing of a statutory report with the Corporate Affairs Commission (CAC). Failure to hold this type of meeting may be a ground for compulsorily winding up the company under the Companies and Allied Matters Act (CAMA).

Statutory Meetings apply only to Public Limited Liability Companies (PLCs).

– Annual General Meetings (AGMs) :- This is a mandatory meeting for all companies in Nigeria which must be held within 18 months of a company’s registration.

All business to be transacted at an AGM are special except for :-

a). The declaration of dividends

b). The election of directors to replace retiring ones

c). The appointment and remuneration of auditors

d). The appointment of audit committee members

e). The presentation of financial statements

f). The presentation of directors and auditor’s reports.

– Extraordinary General Meetings (EGMs) :- These are Non- AGM meetings that can be called by –

a). The board of directors of a company or any single director.

b). Members with no less than 10% paid-up capital or 10% voting rights

c). Retiring directors of a company.

– Court-ordered meetings on the application of a member/shareholder or director of a company.

What are the conditions for holding a valid company meeting in Nigeria?

The conditions of a valid meeting are :-

– The required notice within the stated time length given under the CAMA must be given .

– The meeting must be held in Nigeria.

– There must be a quorum or attendance of the minimum number of directors/shareholders necessary to make a voting quorum/majority.

– For PLCs, the notices of meetings must be published in at least 2 daily newspapers.

Can company meetings be held virtually?

No they cannot. To legally circumvent this you would either need to apply to the Federal High Court for a Court-ordered meeting or simply rely on a written resolution if your company is a Private Limited Liability Company (Ltd) .

Recently, I watched a short video clip where Elon Musk said these profound words. In many ways he is right.

Elon said – ‘Web 3 sounds more like Marketing than Reality’.

Why is he right?

Well first we have to ask ourselves what is Web 3?

‘Web 3.0 is an open-source, censorship-free place where you own your identity and choose how to share your personal information, can store data without the need for trusted middlemen’ (article – Powered by DeFi, NFTs and Web 3.0, Decentralized Social Media Seeks to Unseat Tech Giants)

‘The significance of a decentralized web or internet is that it is based on blockchain technology. Like cryptocurrency, it is meant to be autonomous, secure, anonymous, and free from the control of any central entity. It is intended to provide a system that operates outside the central governance of ICANN and in a different way from them’

Emersion in this decentralized, container like, ecosystem is the core criteria for virtual products to carry the ‘Web 3’ tag. Without it, they are simply a disparate set of blockchain assets, sometimes referred to as ‘Blockchain of Things’ (BoT). ( from articles by Peter Oluka, Issac Umunna, Bukola Olanrewaju and others).

Here we see the 3 notional support pillars of Decentralization. Column 1, Coin Minting, gives us Decentralized Money.

Column 2, Tokenization

[Aside – Only Tokenization under protocol ERC 721 produce ‘NFTs’. This is an Ethereum based protocol, though there are several others. By design, tokenization happening on any other blockchains are not NFTs]

Tokenization creates secure irreputable title to a huge variety of digital assets. Decentralized Ownership.

Column 3, Web 3 is about Decentralized Identity, Decentralized Access as well as Decentralized Engagement for people. When the earlier quote said: ‘Emersion in this decentralized, container like, ecosystem..’ the emersion is not limited to VR headsets as a device.

Web 3 is about creating a safe decentralized space where Blockchain and other assets can be accessed by individuals whose identity is secured and protected.

I recently ran a poll on LinkedIn looking at where Web 3 development teams actually are with their assets during the development process, and only 25% of them claimed to be in Web 3.

I would even seriously wonder about that 25% attainment, because firstly, several of those who chose to participate are actually NOT active in digital or coding projects, and some others may be fully aware of the message its sending, depending on how they reply, and so are giving political answers.

The likelihood is validation would revise this 25% down.

Evolution of Digital Product to Tokenized Product and then Web 3 Product.

The poll illustrates that the concept of any digital asset or product project being Web3 from initiation is an illusion. It starts out being nowhere near blockchain activity at all.

It may then pass to Pillar 2, where it becomes tokenized. From there it may pass to the Web 3 stage… or not. Most do not.

Web 3 was never intended to be about a different product experience or superior technical ability of product. It is about the freedom from ICANN certificate authority processes supported by  .com .xyz, io etc. ; Freedom from the scrutiny of the mobile network operator, and not having your phone number demanded of you. Web 3 is about dominion over your data. No personalized adds, no AI behavioural learning. No social selling to ‘partners’. It is a compliance step that currently can only be served by a very limited set of tool providers.

Facebook was in a Social Media Space on its own before it saw competition from products such as Twitter, Instagram and Tik Tok, but it was by no means the first Social Media Platform. Facebook was preceded by  Friendster, MySpace, and Hi5. The granddaddy of them all,  SixDegrees, was released in 1997.

While O Reilly floated the idea earlier, the first considered thoughts of Web 2 didn’t come until around 2009. Two things happened that year. It was the year Pinterest was launched, but more important, it was also the start of Bitcoin.

Web 2 didn’t start to get regular mentions until this decade, and that has been usually in the context of people attempting to misrepresent Web 3.

Humankind is expected to believe that all the way back to 1997, until relatively recently, we have all been using an iteration of technologies called ‘Web 2’ without having the slightest clue that we were doing that? …. Unlikely!

I lost a node to the Handshake Core at 3pm, and it took me until 4:30am to get it back. I ran out of cups of coffee.

Sure, there are challenges with integration and providing the means for Web 3 , the problem is that rather than face the challenges along with Web 3 ecosystem tool providers together, project sponsors are just choosing to go ahead anyway, and call stuff Web 3 when it isn’t.

It’s clear that the concept of Web 2, only vaguely mentioned in ‘thought’ circles around a decade ago, has trailed into mass media behind COVID 19. It’s been resurrected posthumously to create a road map alibi for selling Blockchain of Things (BoT) or ‘Web 3 Ready’ as Web 3.

‘A while back, I spoke to an (disillusioned) applicant who had solid web3 experience…it seemed like his job was to just ‘put a ribbon on it’ so they could serve the next web3 client.’ (Owen Healy, Head-Hunter for Devs building off Blockchain).

When what is realizable is given specifications and a buzz word name (Web 3), and commercial interests drive a specification reboot around products only half way there, then that is MARKETING.

Somebody less gracious than Elon Musk would call that something different to ’ more like Marketing than Reality’ but he is clearly being economical with criticism here.

https://www.youtube.com/watch?v=zqFeFmE6oMU

Elon is on the money, as usual.

And it will take more than a ribbon to realize the ‘Web 3’ that will change his mind.

The ball is in the marketers court, but the truth is out!

9ja Cosmos is here… Get your .9jacom and .9javerse Web 3 domains  for $2 at:

https://www.encirca.com/handshake-9jacom/

https://www.encirca.com/handshake-9javerse/

References:

www.businessremarks.com.ng/unstoppable-domains-who-campaign-on-no-renewal-fees-ever-dump-coin-barely-a-year/

newsexpressngr.com/news/169282-No-renewal-fees-ever-Unstoppable-Domains-dump-coin-less-than-a-year-after-leaving-SLD-owners-who-built-upon-it-high-and-dry

techeconomy.ng/2022/10/9jacom-promises-stability-as-unstoppable-domains-dumps-coin-barely-a-year-after-no-renewal-fees-ever-campaign/

filmyspark.com/nigeria-first-country-to-have-web3-cctlds-as-9jacom-goes-live-techeconomy-nigeria-techeconomy-ng/

www.linkedin.com/posts/john-mc-keown-nigeria-expert_web3-webdesign-webdevelopment-activity-6991841897858105344-5rHd?

pymnts.com/news/blockchain-distributed-ledger/2022/powered-by-defi-nfts-web-3-0-decentralized-social-media-seeks-to-unseat-tech-giants/

en.wikipedia.org/wiki/Pinterest

twitter.com/desoprotocol/status/1572255622833541121

youtube.com/watch?v=zqFeFmE6oMU

modernmarketingpartners.com/2020/04/23/5-of-the-top-social-media-networks-before-facebook/

zilliqa.com/zilliqa-story