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How To Build A Modern Startup – Tekedia Mini-MBA

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She is a really brilliant young woman, creating an amazing company. A chartered accountant, certified fraud examiner and MBA holder with a bachelor degree in one of the nation’s best – UNIBEN. Tekedia Capital invested in their mission at AjoMoney. Join us today at 7pm WAT at Tekedia Mini-MBA Live as Chineye Ochem ACA, CFE, MBA shares how to start and build a modern startup. Visit ajo.money to learn about her company. They are growing rapidly, expanding into Rwanda and other countries. Yes, the African diasporas have asked for their product and they’re now in the beautiful America, out of the amazing Nigeria!

Nations rise when pioneering entrepreneurs emerge. At Tekedia Institute Mini-MBA, we educate on theory, business cases, and practice, using executives, CEOs, teachers, entrepreneurs, policymakers, etc to deliver the best-for-value business education in Africa. We just opened registrations for the next edition here https://school.tekedia.com/course/mmba10/

The Elon Musk’s Perfume Line “Burnt Hair” and The Power of Influencing Demand

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We admire him because he is the generation’s finest innovator. Elon Musk is leading the world of market and has opened new vistas on how to unlock alpha. Today, he is a leading perfume salesman. Yes, the founder of Tesla, SpaceX, Boring, (keep adding), is the founder of “Burnt Hair” perfume line. In just hours, he has sold 10,000 bottles – and that is $1 million at $100 per bottle.

In this age, core competency while still relevant is largely non-catalytic in most downstream businesses. The most important asset for most businesses is distribution, not supply (I explained here). With Elon’s millions of followers, he can push more perfumes than Burberry, Avon, etc because what could take those firms months to sell, he could sell in hours.

If you want to win in the 21st century digital economy, you must control or influence demand, not supply. In the industrial age economy, power went to gatekeepers of supply. Today, the empire builders are those that control demand. This is possible because digital supply is unbounded and unconstrained, making it largely not a factor. Digital utilities like Google, Facebook, and Twitter which control demand become the new gatekeepers.

Recall Kim Kardashian – she built a $1 billion fashion company: “In 2020, Kardashian sold 20 percent of KKW Beauty to Coty, the French-American multinational beauty company, for $200m in a deal that valued the company at $1bn”. She had no marketing department. She only created a brand, and a company in Asia produces it. As she pushes those on Twitter, Instagram, etc, people buy and another company packages them.

Largely, she ran a billion dollar business with few staff. Indeed, having the channel to sell perfume, shoes, etc is more important than having the capabilities to actually make perfume, shoes, clothes, etc; you can easily find factories to handle the supply.

Indeed,  in the internet age, you win by controlling and influencing demand, not just by providing supply.  Elon is influencing demand and does not need to be the best perfume company to thrive!

 The world’s richest man, Elon Musk, has scented a new opportunity to capitalise on quirky products, launching a perfume called “Burnt Hair” that he said sold 10,000 bottles to earn a million dollars in just a few hours.

“With a name like mine, getting into the fragrance business was inevitable – why did I even fight it for so long!?” Musk asked on Twitter, where he now describes himself as a perfume salesman.

“The essence of repugnant desire” is the website description of his latest offering, which costs $100 a bottle and is set to start shipping in the first quarter of 2023, making good on a product Musk first touted in September.

Previous brainwaves have included Tesla’s (TSLA.O) own-brand tequila, launched in 2020, and a pair of “short shorts” to signify Musk’s victory over investors who bet against the electric vehicle maker, now the world’s most valuable car firm.

An Exclusive Look At Moshnake Token, The Upcoming Cryptocurrency Crypto Analysts Believe Can Surpass Polkadot and Chainlink

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The upcoming BNB Smart Chain (BNB) based gaming coin, Moshnake Token (MSH), has recently become the subject of interest and excitement within the cryptocurrency industry for several reasons. The anticipation for the token is very high, and several crypto analysts have suggested that it could potentially surpass industry-leading altcoins like Polkadot (DOT) and Chainlink (LINK). Moshnake Token (MSH) is arriving at a time when the demand for gaming coins is at an all-time high, and with the part, it plays in the Moshnake crypto gaming platform, the token seems likely to become a valuable asset when it launches.

The Moshnake Token’s appeal comes from its various use cases, real-life applications and utility. As a BNB Smart Chain (BNB) based asset, it possesses low transaction fees and fast confirmation times that make it ideal for all sorts of interactions within the cryptocurrency industry. With its presale just around the corner, we look at how it compares to the crypto giants with which it has been linked. Here’s a detailed comparison between Polkadot (DOT), Chainlink (LINK) and Moshnake Token (MSH).

Polkadot (DOT)

Polkadot (DOT) is a notable blockchain-based platform within the cryptocurrency industry, providing feasible solutions to some of its biggest challenges, such as interoperability and scalability.  It is best described as a framework that allows other blockchain networks achieve share information and achieve interoperability by connecting to it. This is why it is often referred to as a multi-chain network.

Polkadot (DOT) handles messy and costly cryptocurrency mining processes, such as transaction validation and security protocols for the blockchain networks that connect to it. It is also a user-friendly platform that supports Decentralized Applications (dApps) and provides smart contract functionality. Its native cryptocurrency, DOT, is an integral part of its ecosystem and is responsible for facilitating several crypt-related operations, such as staking for operations and security, network governance and more. DOT is a highly sought-after cryptocurrency that you can find on prominent crypto platforms, such as Coinbase Pro, Binance etc.

Chainlink (LINK)

Chainlink (LINK) is best described as a blockchain-based platform that utilizes a decentralized oracle network to achieve interoperability within the cryptocurrency industry. Chainlink’s decentralized oracle network can get information in and out of a blockchain without compromising its trustworthiness, security and decentralization.

Its native cryptocurrency, LINK, plays an integral part in its ecosystem and is responsible for facilitating several crypto-related operations, such as network governance, payment fees and interaction. LINK is available on several prominent crypto platforms within the industry, such as Binance and Coinbase Pro.

Moshnake Token (MSH)

Moshnake Token (MSH) is an upcoming BNB Smart Chain (BNB) based gaming coin that has been attracting major interest within the cryptocurrency industry for some time now. The token plays an integral role in the Moshnake crypto gaming platform, a unique protocol that seeks to provide a nostalgic experience to the burgeoning GameFi industry. Moshnake is based on the popular Nokia snake game in the early Internet era and features several opportunities for wealth generation that will surely entice gaming enthusiasts.

Moshnake Token (MSH) is only a few weeks away from its presale and is one of the most anticipated cryptocurrencies this year. All indications suggest that it could be a valuable asset in the current climate and a worthy long-term cryptocurrency investment for struggling investors. To access more information on the Moshnake Token (MSH), follow the links below.

Use code BIGOCT22 for a 5% bonus when buying coins.

 

Moshnake:

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

Stablecoins vs Meme Coins, Can Adirize Surpass NFT-Based Cryptocurrencies Like ApeCoin And Axie Infinity?

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Adirize (DAO), ApeCoin (APE), and Axie Infinity (AXS) are three examples of cryptocurrencies that have deviated away from traditional coins on the market.

When crypto was first introduced in 2009, there was no such thing as NFTs and stablecoins.

Savvy investors had no choice but to invest in Bitcoin and hope and pray that one day this digital currency would be worth astronomical amounts of money.

And funny enough, their dreams came true.

At the time of writing, Bitcoin is worth $19,097.15 according to coinmarket, and peaked at a record high value of $67,549.74 back in November 2021.

But the crypto landscape is ever-changing and now there are more proactive ways to gain a healthy return besides investing in a coin and waiting for it to increase in value.

The options with NFTs are endless. From collectibles to play-to-earn games, investors can take greater control over their finances and choose a variety of lucrative ventures.

Likewise, stablecoins take the risk out of crypto by not fluctuating too much in price. Hence, for as little as $1, you can invest in the likes of Tether (USDT) and then easily exchange for it a range of other cryptocurrencies.

Regardless, it remains to be seen whether newer stablecoins like Adirize can break new ground by overtaking already existing NFT-based currencies

Choose The Right Ape And Wait

ApeCoin is the primary currency used in the Ethereum-based NFT known as the Bored Ape Yacht Club (BAYC).

In a nutshell, there are over 10,000 ape designs available to purchase. What started as a bit of light-hearted fun has turned into a serious business venture.

The most expensive ape of all time was sold for a staggering $3.41 million. Therefore, those who were smart enough to buy an ape during its inception in 2021, are likely to have made a massive profit.

Use Your Gaming Ability With Axie Infinity

The Axie Infinity NFT game is the reincarnation of Pokemon, with the addition of crypto.

To begin playing, users must first invest in Axie tokens and then buy a minimum of three Axies, which can cost a fiat-equivalent total of $1500.

Once they have their Axies they can battle other players and computer-generated monsters in a bid to win Smooth Love Potions (SLP).

SLP is an in-game item that can be sold for a healthy profit by exchanging it into Ethereum and then converting this into fiat. Alternatively, the potion can be used to breed and sell Axies for another source of income.

Watch Your Wallet Rise With Adirize

Adirize is a stablecoin by design, however, it still offers a clever way to make a worthwhile return on your investment.

Unlike other stablecoins like Tether, Adi is meant to be a store of value that should retain or increase over time.

Whenever Adirize is bought on the market, it can be exchanged on the app for a range of benefits. This includes extra Adi which the treasury gets from bond sales.

Investing in Adirize works best when you play the long game. It doesn’t matter if the market value of Adi goes down, as long as the staking period is lengthy enough, the increase in your staked Adi balance will catch up with the price decrease.

Final Thoughts

NFT-based cryptocurrencies like ApeCoin and Axie Infinity are on the rise for a very good reason. They are financially lucrative and bring an element of fun to a highly technical industry.

Nevertheless, Adirize has the potential to outshine both digital currencies as well as other stablecoins due to its unique and innovative staking rewards.

If you would like to find out more about Adirize, check out the links below:

 

Presale: http://join.adirize.com/

Website: http://adirize.com/

Telegram: https://t.me/AdirizeDAO_Official

Bitcoin’s decline in line with Inflation could Direct Investors towards Big Eyes and Tamadoge

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Anxiety and inflation are hard to separate these days as the cost of living increases rapidly, and issues are more prevalent in the crypto market than success.

With big coins and stocks taking a dive last week in the wake of the US jobs report, investors could be looking to meme coins for a strong community-backed investment that will stand the test of time.

Let’s have a look to see if meme coins Big Eyes (BIG), Tamadoge (TAMA), and Shiba Inu (SHIB) are providing more stable investment opportunities than cryptocurrencies at the moment.

Bitcoins Value Declines in Line with Inflation

The decline of value in Bitcoin is heralded as cryptocurrency’s inability to hedge inflation; experts are currently considering whether old cryptocurrencies will ever be able to withstand inflation, and inflation anxiety, like they promised to do from the start.

Bitcoin started this year out with a high $67,549.74 market cap and plummeted to $367.49, where it sits today. Today’s Bitcoin (BTC) market cap is -0.66% from yesterday and -64.43% from one year ago, according to YCharts.

This gradual decline of Bitcoin (BTC) is at odds with what the cryptocurrencies were intended for; to prevent assets from being affected by inflation and, instead of depreciating alongside the centralised currency, retain their value and appreciate with time.

It seems that Bitcoin will not be the ‘gold ingot’ of the crypto world after all, as it has failed to remain stable enough to appreciate in value in the same way other investments like gold do.

The community drive behind meme coins could be a better alternative to overcoming inflation anxiety.

Big Eyes Surges Forwards Attracting Long-Term Investors

In contrast to the steady decline of Bitcoin, Big Eyes is seeing tremendous growth in its fifth presale phase. This community token featuring a cute cat is attracting a new crowd of investors who are excited to get involved in a community which has inherent value and a cause that will stand the test of time.

Big Eyes is not like the old meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) that were focused on pump-and-dump goals. This meme coin has set itself up for the long run with a clear whitepaper focused on attracting an engaged and committed community that will see the success of this coin through bad times and good.

At the core of Big Eyes Coin’s purpose is supporting its community and the environment. This coin has therefore committed 5% of its total supply of coins to a charity wallet intended for a charity which is working to preserve and protect our oceans and sea life.

Finally, this coin is not only interested in creating a community that shares the same values. It also wants to help the community create wealth. In order to do this, Big Eyes Coin (BIG) has scrapped taxes on purchases and fees. Big Eyes (BIG) commitment to its community and the planet is tantamount to success that can withstand market fluctuations and provide wealth, community, and opportunities for connection for its holders.

Shiba Inu exemplifies the power of community ownership and spirit

Tamadoge (TAMA) is already reaping the rewards of its clear value, functionality, and relatable content. This coin and integrated NFT play-to-earn game understand the power a game has; the gaming market is huge and primed to accept digital currencies and earnings.

The recent success of the Tamadoge presale is proof enough that this tactic works. The TAMA token presale ended months ahead of schedule with a massive $19M raised and counting. Tamadoge (TAMA) has also promised to integrate VR into its gaming experience; this kind of forward planning is what investors are looking for now.

Final Thoughts

The success of Tamadoge (TAMA) and Big Eyes (BIG) is a real ray of sunshine in an otherwise depressing bearish market. It looks like these new meme coins are going to populate the market in the future, and with their strong community backing, who knows, they might resist the powers of inflation.

 

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin