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NBC Executes Court Orders, Directs Multichoice to Sublicense Channels to Metro TV

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MutiChoice

National Broadcasting Commission (NBC) has directed pay television giant, Multichoice to sublicense some of its channels to Metro Digital Limited (Metro TV) in compliance with the current Broadcast Code and a recent appeal court judgement.

According to the Vanguard, the NBC gave the directive to the South African satellite TV network in a letter dated 25 October 2022, addressed to the Chief Executive Officer of Multichoice and signed by Chief George Obi, Head of Legal of NBC on behalf of the Director General of the commission.

The directive read in part, “You are hereby directed to comply with the 6th edition of the NBC Code as amended pursuant to Metro Digital’s request for channels sublicensing as ordered by the Federal Court of Appeal.”

Managing Director of Metro TV, Dr Ifeanyi Nwafor, MD, who has been on a three year legal battle with NBC and Multichoice to do the needful, told Vanguard on Monday in Port Harcourt, Rivers state, that the development will end Pay TV monopoly, restore several jobs loss and benefit Pay TV consumers in better service at affordable rates.

Nwafor said, “The growth of the broadcast industry in Nigeria has been limited due to monopolistic practices of the dominant player in the industry. AIl indigenous companies licensed in the last twenty years did not succeed because of these practices which includes content exclusivity, warehousing etc.

“Federal Government (FG) of Nigeria realizing the inherent danger outlawed foreign and domestic acquisition of contents on the basis of exclusivity, through amendment to the Broadcast Code. Furthermore, licensees and broadcasters are obligated to sublicense channels to other licensees or broadcasters for commercially agreeable fees.

“In tune with the foregoing, the appeal court sitting in Port Harcourt, Rivers state in an appeal filed by Metro Digital, ordered the regulatory body, NBC to execute its statutory functions in accordance with the provisions of the code.

“We are glad NBC has complied with the order of the court. The end of monopoly in Nigeria broadcasting industry will enhance competition, innovation and quality of service delivery. The industry will experience rapid growth, consumers will benefit from the competitive pricing that follows.

“We commend the role played by the FG, the Minister for Information and Culture, Alhaji Lai Mohammed and NBC towards the repositioning of the industry and end the monopolistic practices that have held the industry down for a long time.”

Nwafor who said Metro Digital would restore operations in coming disclosed that his organisation has applied to Multichoice requesting to be sublet Metro TV over 50 channels including views delight, the English Premier League on Supersports.

Musk Fires More Than 10% of India’s Twitter Staff

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Twitter has continued on its firing spree days after laying off 3,700 employees globally, following the acquisition of the company by Tesla CEO Elon Musk.

The focus has now been shifted to India where more than 90% of its staff has been reportedly fired over the weekend, according to a report by Bloomberg.

The report, which cited people familiar with the matter, said the cuts have left just about a dozen staff out of more than the 200 Twitter has in India. Musk said he is trimming Twitter’s workforce because of cost. He said the social media “company is losing over $4M/day,” leaving him with no choice than to downsize.

Following the completion of Twitter acquisition by Musk, India – a huge internet market that has recently become key to growth for American tech giants, said last month it expects Twitter to comply with the country’s new IT rules and local laws.

“Our rules and laws for intermediaries remain the same regardless of who owns the platforms,” said Rajeev Chandrasekhar, India’s minister of state for electronics and information technology. “So, the expectation of compliance with Indian laws and rules remains.”

India has been in a faceoff with Twitter over compliance with the country’s regulatory policies deemed stringent. The jobs cut spell uncertainty in India-Twitter relationship.

The report said about 70% of the jobs cut in India were from the product and engineering team which worked on a global mandate. Positions were also slashed across functions including marketing, public policy and corporate communications, according to the people with the knowledge of the matter.

Twitter’s office in Accra, Ghana, is another place where employees’ layoff has taken place. The office, which was set up in April 2021 as Twitter headquarters in Africa, has about 20 workers. About 10 of them are believed to have been impacted by the change.

https://twitter.com/mistameister/status/1588440735527112705?s=20&t=u9zN54ltKPui6-YQCweExQ

However, Musk is calling some of the fired employees back to help in developing new features of the app. It’s not clear if that will be the case with Twitter staff laid off outside San Francisco.

Twitter’s India offices are located in New Delhi, the financial capital of Mumbai and the southern tech hub of Bengaluru. Leaving only about 10 workers in the country – which is said to have the most febrile political conversations on Twitter – with competing parties regularly pointing fingers and accusing each other of spreading misinformation, opens a new content moderation challenge for Twitter and India.

With about 25 million users who spoke more than 100 different languages, leaving both engineering and content moderation jobs in the care of 10 employees, Twitter has picked a fresh fight in one of its biggest markets.

Can Rocketize Become as Successful as High-Cap Coins like Decentraland and Synthetix?

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Rocketize (JATO) is a new entrant in the cryptocurrency market, aiming to make it to the top. It is gearing up to become as successful as Decentraland (MANA) and Synthetix (SNX). However, can Rocketize (JATO) achieve this big dream with all the cryptocurrencies in the market right now?

Let’s find out.

What is Rocketize Bringing to the Market?

Rocketize (JATO) is a new meme coin that aims to build a massive community of enthusiasts and reward them for participating in the platform’s activities. In addition, it aims to “Rocketize” users into space and allow them to access non-traditional incentive structures.

The platform will offer DeFi and NFT services. Users will be able to stake cryptocurrencies to earn passive income. Users can also swap tokens with minimal fees on the platform’s peer-to-peer decentralized exchange (DEX).

Furthermore, Rocketize (JATO) will feature special minting events where holders of the platform’s native JATO token can use it to mint NFTs. The JATO token also supports every other platform activity and DAO governance.

The project is currently running a pre-sale where you can buy the token and get an extra 8% to 15% as pre-sale bonuses depending on the cryptocurrency you deposit. You can also get an additional 8%, 7%, and 4% if you join in the 1st, 2nd, or 3rd presale stages, respectively.

How Decentraland Is Keeping Its Top Spot

Decentraland (MANA) is a popular metaverse platform running on the Ethereum blockchain. The cryptocurrency market learned of this project when the metaverse concept became popular following Facebook’s change of name to Meta. Decentraland (MANA) has since grown in relevance, with more room for growth.

The Decentraland (MANA) platform allows users to buy digital real estate, build on it, and monetize their creations. They can also create other collectibles and offer them for sale on the platform.

Decentraland’s (MANA) shared metaverse has remained relevant due to the project’s immersive outlook. Users escape to the metaverse to take a break from reality. Also, since users can develop their own NFT LANDs, build unique projects, and organize events, they can monetize their creations by opening them to other users in the metaverse.

Its native token, MANA which supports transactions on the platform, can also be held for future gains. For example, users who held MANA before the last bull cycle saw massive gains. Thus, it could also rally more gains in the next bull cycle as the metaverse attracts users.

Synthetix and the Derivatives Market

Synthetix (SNX) is a network for synthetic assets. The platform tracks other assets like silver, gold, fiat currencies, or cryptocurrencies and allows users to trade them without holding the actual assets.

Synthetix (SNX) tokenizes the assets it tracks using Ethereum’s ERC-20 smart contracts. They simply serve as the blockchain’s version of traditional derivatives, called synthetic assets or synths. However, users must stake the platform’s utility token, SNX, to create Synths.

Synthetix’s (SNX) relevance depends on its ability to allow users access to a wide range of commodities and assets without holding such commodities. The service also leads to a more mature financial market.

Final Thoughts

Decentraland (MANA) and Synthetix (SNX) offer users exclusive features and markets. Decentraland (MANA) users can own virtual properties and monetize them. Synthetix (SNX) users can access and trade assets without having to hold them. Their coin value and market capitalization rise as users identify their usefulness and interact with them.

Rocketize (JATO), on the other hand, can become as popular as these projects, as it leverages the meme coin concept while offering other features that crypto traders will find useful. If it delivers on its promises, it can get enough market capitalization to push it to the top cryptocurrencies list.

 

Presale: https://rocketize.io/buy

Website: http://rocketize.io

Telegram: https://t.me/RocketizeTokenOfficial

Top Analyst Secret Tip: Avalanche, Big Eyes Coin, and Tezos Will Skyrocket In 2023

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Crypto trading isn’t going away anytime soon. Almost every day, new currencies are introduced into the coin market. Interestingly, cryptocurrency investors are becoming more aware that placing all of their money into one crypto project is risky. So, most investors are on the lookout for projects with the potential for a high-profit margin.

The Big Eyes Coin (BIG) is one such token that may be 10X its value in the coming months. And with the enormous surge in its presale, Big Eyes (BIG) is becoming increasingly influential in the cryptocurrency market. Buyers are ecstatic with the coin’s tremendous performance, believing that it may provide a massive return if held for a long period. In this article, we will outline the uniqueness of Big Eyes (BIG) as compared to crypto heavyweights like Avalanche (AVAX) and Tezos (XTZ).

Avalanche (AVAX) the Blockchain You Should Know About

Avalanche (AVAX) is a well-known layer one blockchain in the cryptocurrency industry that allows for the development of decentralised apps (dApps) as well as custom blockchain networks. It has the speed and performance to compete with Ethereum (ETH), the world’s leading blockchain for smart contracts. It can handle larger transaction rates of up to 6,500 transactions per second (tps) without sacrificing scalability.

Its coin, AVAX, is an essential component of its ecosystem, facilitating functions such as network governance, and payment fees, including security staking. AVAX is a top 20 cryptocurrency that trades on key crypto platforms such as Binance, Bitfinex, Gate.io, and Kucoin.

The Avalanche platform consists of three independent blockchains, each with its own set of services. The Exchange-Chain, often known as the X-Chain, is in charge of transaction operations. The platform-Chain, abbreviated as P-Chain, is the second. It allows VAX coins to be staked in the liquidity pool. The final link is the Contact Chain. It is used to enable smart contracts as well as decentralised applications.

The essence of Avalanche’s design was to overcome the challenges that most leading Cryptocurrencies were experiencing. Consider the hefty gas charge that Ethereum’s network is subjected to.

What is Tezos (XTZ)

Tezos (XTZ) is a blockchain network that seeks to revolutionise Web 3.0 technology by offering a decentralised network through which users can communicate in a smooth and frictionless manner. The network takes pride in being upgradeable, secure, and long-lasting. Tezos (XTZ) is a peer-to-peer cryptocurrency whose network is centred on and managed by its users.

The Tezos network (XTZ) is also unique in that, like the Ethereum (ETH) blockchain, it supports decentralised smart contracts. Tezos (XTZ) is a blockchain platform similar to Ethereum, however, its underlying technology is much more advanced, allowing it to evolve and adapt to new uses over time.

When transacting on the Tezos (XTZ) network, the underlying utility token is the XTZ token. As the platform’s primary token in the Tezos (XTZ) ecosystem, this token is critical. There are currently 743,000,000 XTZ coins in circulation.

Tezos (XTZ), in other words, is intended to be enhanced with additional capabilities, tools, and features without requiring a hard fork. This means that Tezos (XTZ) will be able to achieve almost anything in the future. Tezos’s unique decentralised governance structure allows users to choose their own path. Tezos (XTZ) is now ranked 10th in terms of market capitalization among DeFi tokens on Coinmarketcap. Beating it would cement Snowfall’s place in the industry.

Big Eyes Coin (BIG) The Cutest Cat in the Crypto Space

Big Eyes (BIG) has become a game changer since its introduction to the cryptocurrency market. Big Eyes (BIG) can generate massive profits as a high-value coin. Big Eyes (BIG) brings its distinct personality to the crypto-sphere, causing waves and winning hearts.

The coin was designed to bring awareness to the DeFi system by positioning it as a source of wealth for cryptocurrency users. Big Eyes (BIG) has a large and dedicated community because it is sensitive to its consumers’ desires.

The ambitious meme coin aims to create large financial returns while also establishing a self-sustaining blockchain ecosystem. Big Eyes (BIG) aims to offer great wealth to its users using NFTs. It also intends to give access to vital content, which will result in a continuous yet gradual expansion of  blockchain.

Despite being a meme coin, Big Eyes is projected to generate significant returns for crypto traders and investors who choose to stake their claim with the coin. Big Eyes (BIG) intends to rocket to the top of the chart by entering the NFT space. The groundbreaking meme project is currently in its fourth stage of pre-sale and the coin’s value is expected to climb due to the volcanic rise.

For More Information On Big Eyes (BIG):

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Presale King Big Eyes Coin Is Set to Outshine Cardano And Avalanche

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In recent months, cryptocurrency sales haven’t been as strong as they could have been, which has had an impact on the market capitalization of many leading coins including Bitcoin (BTC) and Ethereum (ETH).

It is challenging for investors to decide which cryptocurrency to invest in due to the ambiguity surrounding cryptocurrencies. There is something to look forward to in the cryptocurrency scene, though, with altcoins like Big Eyes Coin (BIG) trending in the last few weeks.

Since its initial presale in August, the meme coin has continued to make headlines. Big Eyes Coin is currently on its sixth presale and has made almost $10 million. Hence, it threatens to surpass more established cryptocurrencies like Cardano (ADA) and Avalanche (AVAX).

Cardano: A Scalable And Adaptable Platform

Cardano (ADA) is a decentralized public blockchain platform. It is the third-generation cryptocurrency after the first- and second-generation coins, Bitcoin and Ethereum. being a platform for third-generation cryptocurrencies.

Developers of the Cardano platform are putting a lot of effort into expanding the platform’s use cases. The native cryptocurrency of the Cardano network, ADA, is presently ranked eighth on coinmarket. Even though the platform presently handles more than 80,000 transactions each day, there is room for growth.

Cardano is a blockchain platform for smart contracts that is scalable, flexible, and adaptable. It enables the development of several decentralized financial applications, new cryptocurrencies, games, and other software. Despite recent declines in the crypto market, Cardano has remained one of the most popular altcoins.

Avalanche: A Blockchain Platform With Efficient Transactions

Avalanche is a well-known blockchain platform that makes the ideal environment for private blockchain networks and decentralized applications (dApps). Avalanche can process up to 6,500 additional transactions per second (tps) without compromising scalability. One of the few blockchain networks that can compete with Ethereum in terms of speed and performance is Avalanche.

Avalanche has three built-in blockchains, each of which serves a particular purpose. The Exchange Chain on the Avalanche network enables money transfer and receipt (X-Chain). The Contract Chain (C-Chain) and Performance Chain (P-Chain) are two others. Its own cryptocurrency, AVAX, is crucial to its operation because it makes it possible to perform several operations such as transactions, network management, and staking.

Big Eyes Coin: A Community-Focused Token With Cat NFTs

Big Eyes Coin is a community-driven initiative that makes use of NFT technology and a mascot with a cat motif to enhance wealth in DeFi. Every season, this project with a cat motif focuses on the neighborhood by offering NFT and token rewards. NFT technology is the true growth engine for this endeavor.

Numerous contests are held by Big Eyes Coin, including the present Gleam contest, where anyone can win $250,000. Big Eyes Coin will increase its investor base through competitions, and 5% of its total token supply will be allocated to marketing and media attention. The marketing is already working, as can be seen.

A sizable group that enjoys having fun and exchanging internet memes is well-recognized for Memecoins. Given the involvement of the project’s stakeholders in the DAO, the community can produce the drive needed to elevate Big Eyes Coin to incredible heights.

Big Eyes Coin has created a community through social media that enables the growth of a narrative. Due to the project’s intense community focus and quick development, there has been a lot of hype surrounding it.

 

And you can join the hype by using the code BEYES9445 for a bonus on the coins you purchase.

Big Eyes Coin (BIG)

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL