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Tekedia Capital Portfolio, Cinderbuild, Raises Fund Today

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I want to congratulate our CinderBuild Inc. team for the successful fundraise today. Congratulations. Cinderbuild is Africa’s leading building and construction material marketplace. It brings bulk off-takers and suppliers onto one collaborative platform, streamlining the materials procurement process from requisition to delivery.

It offers financing, logistics, price discovery, etc by digitizing every aspect of buying and selling these materials. As you buy building materials, look for the Cinderbuild Partner seal in stores. We power vendors as we deepen the operating system to fix frictions in that industry.

Cinderbuild is a Tekedia Capital portfolio startup. To learn more about Cinderbuild, go here 

For Tekedia Capital, go here 

Africa’s Fastest Internet Speed Still Ranks Below Global Average

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Africa has continued to lag behind when it comes to mobile internet speed, falling way behind other regions. The 2022 Speedtest Global Index published by Ookla, a US-based internet speed analysis firm, noted that not even the country with Africa’s top mobile internet speed is close to the global average.

The survey, reported by Quartz, said the continent’s fastest internet country, South Africa, failed to meet the global average internet speed.

South Africa has an average mobile internet download speed of 68.9 megabits per second (mbps), which significantly falls short of the global average mobile download speed of 77.7 mbps.

According to the report, the Southern Africa country ranks 46th globally, and in Africa it is followed by Togo, Mauritius, Morocco, Botswana at download speeds.

The world’s top mobile internet speeds are in the United Arab Emirates, South Korea, Qatar, Bulgaria, and Norway which have speeds of 258 mbps, 242.3 mbps, 241.7 mbps, 216.6 mbps, and 191.3 mbps respectively.

Internet speed in Africa and 5G

Quartz, using Ookla’s report, looked at how Africa’s mobile internet’s speed is doing in the era of 5G. With some countries like Nigeria already rolling out the fifth generation network infrastructure, it is expected that internet speed will improve significantly enough to compete at the top in global ranking.

The report said that Ookla also compared mobile internet performance in the second quarter of 2022 on modern chipsets across 21 mobile network operators, with results showing that median download speeds were as low as 2.89 mbps in Guinea and as high as 65.95 mbps in South Africa.

“We can clearly see the impact that 5G has on overall performance as South African operators came first thanks to having 5G networks in place. MTN South Africa was well ahead of the rest of operators, despite facing challenges with load shedding, with median download speed of 65.95 mbps, followed by Vodacom South Africa with a median download speed of 48.70 mbps. If we take 5G out of the equation, Safaricom Kenya was the fastest operator among the analyzed operators,” Sylwia Kechiche, principal industry analyst, enterprise at Ookla says in the report.

It further noted that while more than 13 nations are testing 5G networks, over 40 nations are yet to lay down groundwork for the creation of 5G spectrums. This could keep them locked out of the emerging global digital economy, which demands reliable and fast internet.

For instance, Airtel Uganda has Africa’s highest upload median mobile speed at 14.84 mbps while Guinea’s MTN Guinea has the lowest—1.55 mbps, meaning the continent is lagging behind in the social media video revolution.

Quartz, quoting the survey, pointed out factors contributing to slow internet speed in Africa, including internet outages and shutdowns.

It said that during the second quarter of 2022, users reported 46,810 incidents of internet outage for Vodacom and 34,882 for MTN which is present in 17 African countries.

“There were two top issues reported: no signal and no mobile internet: lack of signal accounted for the majority (46%) of Vodacom’s reported outages, followed by inability to access mobile internet (36%),” the study says. But that was reversed for MTN where majority of the hitches were related to mobile internet (43%), followed by no signal (40%). “Noteworthy is the fact that there were reports of total blackouts: 7% for Vodacom and 5% for MTN.”

Close to half of the countries in Africa are notorious for internet censorship, with blackouts, total shutdowns, social media restrictions and throttling causing the continent to lose billions of dollars in the past four years, the report said.

The survey further notes that mobile internet performance is dependent on the reliability of the underlying infrastructure “such as access to fiber backhaul and reliable power supply, spectrum availability as well as end-user devices.”

There are three success-redeeming cryptocurrencies in the crypto market: Decentraland, NEAR Protocol, and Moshnake.

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Certainly, even the best of the best will always meet challenges along their trip to success, and sometimes this problem is commonly shared equally with the least of the food chain. To overcome this, a crypto project irrespective of its position should be able to call the issue to order till it’s no more.

Yes, some crypto ignores this and might look great on the outside, but will surely face the consequence of pushing aside the most important things. Down-to-details cryptocurrencies like Moshnake are taking up responsibilities on this path so that their users will never know disappointment.

Decentraland has a great future ahead.

Metaverse is the new positive ripper of the world of digital entertainment. It’s a virtual world of so many possibilities and fun where one can access rewarding fun games, trade digital assets, socialize and even exist as some deity, among others. Although, there are diverse games on the Metaverse, yet, Decentraland (MANA) stands out tall because all indicators prove it holds the numbers. A few of the indicators are: partnership, loyal investors, popularity, and global reach.

Furthermore, at Decentraland (MANA), users can create, experience, and monetize their applications and contents at the Decentraland marketplace. More importantly, Decentraland (MANA) is well-established on the Ethereum (ETH) blockchain as a solid NFT foundation network for its users.

NEAR Protocol will stabilize the Web3 control

Pretend the cryptocurrency world was a human with a speaking ability, and the mind to express its feelings; I’m nearly convinced it would give this crypto, NEAR Protocol (NEAR), a warm hug followed by the lines: “Mrs. Web 3 sends her greetings, and a thank you” because the NEAR Protocol (NEAR) has earned itself as an unmatched alliance with Web 3 to deliver a great deal which seems simple and revolutionary to the ears. Initially, the goal was termed Web 3 promise till it became tangible.

So, for the big promise on board, NEAR Protocol (NEAR) at this time has doubled the upside of Web 3 by empowering users to build Web 3 apps capable of scaling for mass adoption. Additionally, the NEAR Protocol (NEAR) itself spoke up to the occasion in these words: “we put usability first in our mission to change the world with Web3”, and that’s because usability is the like the well of satisfaction every user depends on.

Moshnake is taking the game world by surprise.

I won’t attempt to drop some washed-up hype about Moshnake (MSH) as the game project that crypto prophets saw in their dreams set to restore peace and light to the game industry, as if there was a war or we lost some light in the first place.

Moreover, I can be dead sure of the fact that Moshnake (MSH) embarked on impressive serious research on popular projects in the game finance (GameFi) industry, before it on-boarded the crypto space. It implies that whatever came off of the research was treated as a golden nugget utilized to adopt great features like Play-to-Earn which is indeed a rich benefit to its users.

As a topper, the Moshnake (MSH) remains valuable in all ramifications such as in staking, payment fees, security, validation, voting, exchange, and the list carries on. Moshnake (MSH) is well-to-do crypto running a presale that you can jump in at cheap rates. Go for it as soon as you can, and now seems like the best time.

To find out more about Moshnake (MSH), visit the links below:

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

Can Moshnake Produce Millions Like Avalanche and Algorand? Cryptocurrency Predictions

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By making the correct investment in the right project, many people have found success in the crypto market. One of the best ways to earn money is in cryptocurrency. This idea has grown in popularity significantly over the past few years, but picking the ideal cryptocurrency project to invest in can be difficult.

One recent cryptocurrency initiative that can help you achieve financial freedom more quickly than you might expect is Moshnake (MSH). The project has capabilities that can rival those of Avalanche (AVAX) and Algorand (ALGO) to produce billions. To find out more about the new project, continue reading this article.

Avalanche (AVAX)

Avalanche (AVAX) is a decentralized platform that allows developers to create decentralized applications and multifunctional blockchains. Ava Labs created this platform to reduce some of the drawbacks of some of the “older” blockchains. Centralization, lack of scalability, and poor transaction speeds are a few of the flaws that blockchain technology is currently facing. To solve these problems, the platform’s native Avalanche (AVAX) consensus system provides high throughput, low latency, and attack resilience. The features of these tokens made it popular among investors, and within a few months of its launch, it could sell all of its tokens.

Algorand (ALGO)

Algorand (ALGO) is one of the many recent projects that aim to increase the range of potential applications for cryptocurrencies by speeding up transaction processing and reducing the time it takes for a transaction to be completed. Algorand (ALGO) was launched in 2019, and it aims to achieve these qualities by making choices that differ from how cryptocurrencies have typically been designed.

Source: www.istockphoto.com

Moshnake (MSH)

There’s no doubt that the cryptocurrency market will keep on evolving. Play-to-earn games are becoming increasingly popular

in the cryptocurrency market, and Moshnake is one of the newest ones on the block. Moshnake (MSH) is a brand-new Play-to-Earn NFT game that utilizes the BNB Smart Chain. The development of Moshnake (MSH) was inspired by the all-time classic Snake game on Nokia phones. Moshnake (MSH) wants to recreate the iconic feats that the Snake experienced in the early days of the internet. With the use of blockchain technology and play-to-earn economics, the developers of Moshnake (MSH) hope to produce another timeless game that everyone will enjoy and benefit from.

In the Moshnake (MSH) ecosystem, every player will have the opportunity to control their Moshnake NFT by manipulating it and feeding it various eggs and in-game NFT items to boost its value and keep it prepared to engage other players in the battle royale. Players must control and take off their snake without letting it collide with other players.

In addition, they must search the Moshnake gaming area for additional $MSH tokens and other NFT assets. The longer the snake gets in the arena, the more money you’ll make, and the greater your chances of winning. Moshnake (MSH) has commenced its presale, and the tokens will be going for meager prices. This is to give everyone access to the tokens. Hurry now and join the Moshnake team!

 

Find out more about MSH:
Website:
https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

These Factors Are Strong Indicators That MOSHNAKE Might Be the Next Cryptocurrency to Explode

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Moshnake is a new cryptocurrency in the GameFi sector of the coin market. The blockchain-based game adopts a play-to-earn model, making it a source of passive income for players.

While P2E (play-to-earn) isn’t a new thing in this sector of the crypto space, certain factors make Moshnake unique, and they could contribute to its huge market success in the coming weeks. We review these factors in this article and how they could make Moshnake (MSH) the next cryptocurrency to blow.

A Brief Overview of Moshnake

Moshnake is a BNB smart chain-based blockchain game that allows players to earn while playing (P2E). The NFT game is modeled after the class Snake Xenzia game, leveraging technology to bring back the legendary game with much more fun and rewards for playing. Moshnake will follow the same rules and playing pattern as the retro game, and it’s available to play for all age groups.

To play Moshnake, you’ll need a Metamask wallet to connect to the blockchain network and fund your account with the game’s dual tokens, Moshnake (MSH) and Venom (VEN). The former will be used to purchase Moshnake NFT to play the game, while the latter will be used to pay the entry fee. After getting the game, you connect your purchased NFT, make an entry payment with Venom (VEN), and start playing.

The game has two modes, player vs. player, competing with other players in the royal arena. Player vs. Environment is the second mode, and it’s a single-player mode, more suitable for novices. Find out more about Moshnake here

Factors Indicating Moshnake’s Potential Market Success

Experts and market dynamics analysts believe Moshnake has what it takes to become the next crypto asset to blow due to the following factors:

Widespread Acceptance

The reception the Moshnake announcement received was one of a kind. This can be attributed to the previous success of the retro game it modeled and how the legendary game was part of almost everyone’s developing stage.

The battle-themed games that saturate the Blockchain gaming space these days aren’t appealing to most people, and Moshnake could be that alternative they’ve been craving. The ease of playing the P2E game and accessibility to all age groups also contributes to its wide acceptance and growing adoption potential, which are strong indicators of market success.

High Speed and Cost-Effectiveness

Many P2E games exist in the GameFi space, but most struggle with speed and cost-effectiveness. Moshnake developers improve on these shortcomings by leveraging the BNB smart chain that ensures the game is super fast and cheap to play. These traits are essential factors most players consider before choosing a gaming platform. While they’ve always had to choose, the dual token blockchain game offers both.

Ease of Depositing Funds and withdrawing  Reward

Moshnake doesn’t only reward players with huge incentives and bonuses; it also ensures easy access to them. The play-to-earn NFT game’s Blockchain network is connected to the top Centralized Exchange (CEX). This makes funding the wallet to make purchases or pay entry fees from your local bank and withdrawing earned rewards into it seamless.

Team Commitment and Community’s Support

Many successful crypto assets in the coin market today have greatly benefited from the steadfast commitment of the developing team and community support. These factors ensure increased growth, preventing a project from being short-lived. Moshnake will also benefit from this.

Moshnake (MSH) has all it takes to succeed in the coin market, and experts do not doubt its potential to explode soon. Join the presale here to be a part of huge winners from its potential price surge.

 

Find out more:

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken