Soon, many more crypto assets than simply currencies will be introduced to the market. Because the fundamental cryptographic building blocks and uses of cryptocurrencies vary, as does the expanding spectrum of crypto assets, there is a need for reliable asset management. The benefits of using or trading in cryptocurrency are straightforward to comprehend.

Because they desire quick and secure transactions, many users value the functionality of numerous cryptocurrencies. The addition of cryptocurrencies like Big Eyes Coin (BIG), Uniswap (UNI), and Avalanche (AVAX) to your portfolio can allow you to potentially collect a substantial sum of money when you take into account the advantages of diversity and the potential for inflation protection.

What Big Eyes Coin Has In Store For You

Big Eyes Coin (BIG) is a new cryptocurrency that promises to help ocean preservation while sending money to the decentralised finance (DeFi) network. This coin illustrates a locally led DeFi effort that is a great way to support the community and raise money for charity. Plans for the Big Eye Coin are discussed below.

?       Succeed in the popularity poll for crypto memes

Go big on media, big on influencers, and big on being charming to become the most talked-about meme coin in 2022 and ascend until 2030 through innovation and acquisition of the new. Cats don’t take pride in themselves, but the strength of the community and the network of experts will increase their success. Most companies grow by making acquisitions.

?       Additionally, succeed in the mission.

Through the creation and preservation of ocean sanctuaries and all the lovely fish that call them home, this project is investing in the future of every cat.

?       Take down the boulder holders.

The actual value is in the community, which consists of millions of people who might be doing anything—call it the cognitive surplus, if you prefer. Thanks to them, the crypto market, DeFi, NFT, and Meta will all exist. Cats will develop each of these areas to build the future for the Holders before anybody else since they have the means, know-how, and infrastructure to do it.

?       Success in the NFT pageant

Because art is as much in the hearts as in the seas, Big Eyes will be seen plunging into the ocean in the first NFT initiative. Along with being works of art, these gorgeous pixels will grant access to Big Eyes Events.

The Uniswap Token: What You Need To Know

The decentralised exchange project, Uniswap, which comprises several smart contracts, is built on the Ethereum Blockchain. Uniswap encourages users to preserve the exchange’s liquidity by distributing freshly minted UNI tokens and a portion of transaction fees.

One of the well-known decentralised finance (DeFi) protocols, Uniswap, offers a service practically identical to that of a traditional exchange while simultaneously benefiting from decentralisation. It uses some crypto assets, including its own UNI coin.

Safest Blockchain Platform: Avalanche

Avalanche (AVAX) is a strong, flexible, and secure blockchain platform for developing and releasing decentralized, highly scalable apps and intelligent digital assets. Consensus techniques allow for high transaction rates per second over hundreds of millions of devices.

Avalanche can be used as a trading unit of account and security. Users that wager more often win bigger rewards. Through its integrated system, Avalanche protects the privacy of its users.

For more information on Big Eyes Coin (BIG):

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

The Big Eyes token (BIG) is a meme coin that’s created specifically to generate wealth for its users, leveraging the benefits of Defi and a motivated community. It’s a crypto project designed to generate an income for its users, like Axie Infinity (AXS), with a common goal to save the ocean and essential water bodies. The project is launching on Uniswap (UNI) to enrich its members and create a new movement in the crypto space.

The crypto industry has brought about some revolutionary changes to the world across several revenue-generating sectors. This also involves the gaming sector, where we’ve seen platforms like Axie Infinity (AXS) forever change how video games are perceived. Axie Infinity (AXS) is a pioneering platform in the gaming industry that distributes wealth between gamers and game providers.

As a meme coin, Big Eyes (BIG) seeks to change how the meme coin world is perceived. Most meme coins are known as the goofy tokens of the cryptocurrency market without a use case. However, Big Eyes (BIG) will chase cause to protect our water bodies and their lives, from fishes to aquatic plants.

Every part of the Big Eyes ecosystem will self-propagate to achieve this aim and also contribute towards enriching its followers. These will be through NFTs, merchandise, the Defi community, and other features.

How To Buy Big Eyes Token  With BNB

You can buy Big Eyes (BIG) with BNB to be part of the wealth-generating platform. When you buy Big Eyes (BIG), you can rest assured knowing income will trickle in for you regardless of what you do, unlike Axie Infinity (AXS). And if you want to buy Big Eyes (BIG), follow these steps.

1. Go to the platform’s official website at https://bigeyes.space/
2. Click “Buy Now” on the top right corner of the screen.
3.  Connect your MetaMask wallet.
4. Buy Big Eyes Token (BIG0 with BNB
5. Wait to claim your tokens on the main page.

If you’re having trouble buying the Big Eyes token (BIG), you can contact customer service on that buy now page by filing the necessary details and submitting your complaint.

Big Eyes Seeks To Use The Influence Of  Meme Coins To Foster Crypto Adoption

Although meme coins are goofy, they help understand cryptocurrencies, including Axie Infinity (AXS). In addition, these meme coins have helped foster the adoption of cryptocurrencies by more people who, before meme coins, have no clue of what cryptocurrencies do. Big Eyes (BIG) seeks to continue this tradition and add better features to the solutions.

Big Eyes seeks to unconfuse decentralized finance for everyone and make it even better access. Defi is still in its infancy, where only about 1% of the world’s population has access to it. Big Eyes (BIG) will incorporate features including a swap mechanism, tutorials, how-tos & guides, and back-end systems to make Defi much more accessible.

Big Eyes Non-Fungible Tokens

Big Eyes (BIG) will have non-fungible tokens to help bolster the value of the ecosystem and keep it at par with Axie Infinity (AXS). These NFTs will be in the form of art depicting aquatic bodies and their lives in them. In addition, big Eyes (BIG) will have a charity wallet that holds 5% of the total tokens in the ecosystem to save the ocean.

These NFTs will be hyped and promoted till they break into the NFT marketplace to become of the most popular NFTs on the market. As people buy and trade NFTs with big tokens, the platform will be able to support more charity causes and accumulate value for the Big Eyes (BIG) token.

Conclusion

The Big Eyes (BIG) will be the meme coin ecosystem that self-propagates to generate wealth for its users and save one of the essential parts of our planet. You can become a part of this huge movement by buying BIG tokens with BNB today!

In this particular article, we will be looking at the topics of 2 Electric Power Sector Business Licenses – the Electric Power Transmission System Operator (SO) license and the Electric Power Trading license.

The focus topics will be :-

– What Transmission System Operators and Power Trading companies do.

– The licensing requirements for Transmission System Operators and Power Trading companies.

– The post-licensing Regulatory requirements for Transmission System Operators and Power Trading companies.

What does a Power Transmission System Operator( or “SO”) do?

A Power Transmission SO is a company independent of the Transmission Company of Nigeria (TCN)  in:-

– Dispatching generated power in accordance with the grid code at least cost on the basis of nomination by generators.

– Handling power system emergencies & power system restorations.

– Performs demand forecasts, incorporating Power distribution company (DISCO) load nomination.

– Procuring ancillary services & recovering the cost for procuring those services.

– Designing, installing & maintaining SCADA & Communications facilities for effective grid operations.

– Maintaining & enhancing systems reliability, stability & security.

– Facilitating the operation of the power market through bilateral exchange.

– Enforcing the grid code & the electric power market rules.

What does an Electric power trading company do?

An Electric Power Trading company is simply one that has been licensed to purchase and sell power between participants in the electric power sector through the use of short-term to long-term Power Purchase Agreements (PPAs) & Resale Agreements.

What is the Regulatory Framework governing Transmission SOs and Power Trading companies in Nigeria?

Transmission SOs and Power are regulated by the Electric Power Sector Reform Act, the Nigerian Electricity Regulatory Commission (NERC) through its various regulations (among them being the 2010 NERC Licensing Regulations), the Nigerian Bulk Electricity Trading Company PLC (NBET) & the Federal Ministry of Power.

How are applications for SO and Power Trading licences commenced?

Applications for SO and Power Trading licenses are to be made via legal representation to the Chairman, NERC and these applications are to be made in 3 paper copies and an electronic version in MS Office software format.

Applications must be acknowledged and such an acknowledgement communicated to the applicant. NERC might require of the applicant further information within 1 month of receiving the application. 

Just as previously explained regarding DISCOs, are applications required to be published in 2 daily newspapers as a licensing pre –condition for the purpose of receiving any possible objections to be determined?

Yes, they are.

How long will it take for SO and Trading license applications to be processed?

SO and Power Trading license applications shall be processed in not more than 6 months from the date of license receipt application receipt/acknowledgement.

What are the requirements for  Power Transmission SO and Power Trading licenses?

The requirements for a Transmission System Operator (SO) license are :-

– A completed application form.

– A Certificate of Incorporation and MEMART (Memorandum/ Articles of Association) of the applicant company.

– A registered Title deed to site, or Deed of Assignment/ Gift, or evidence of submission of a title deed to a relevant land processing agency.

– A Tax Clearance Certificate for the last 3 years.

–  A 10-year business plan (please consult your lawyer to find out the required contents of a business plan under NERC regulations).

– Network configuration.

– Line voltage level (132V & above).

– Interconnection points.

– Ownership of main, supplementary and regional control centers.

– Communication center facilities (VOIP, Radio links, Fibre Optic).

– System planning and operation capability.

– System operators training & certification facility or alternatives.

– Ability to procure & pay for ancillary services.

– Functional energy management system equipment & facilities.

– Operational procedures for dispatch operators if available.

– A Health & Safety policy.

For a Power Trading license application, the requirements are:-

– A completed application form.

– A Certificate of Incorporation of the applicant company and its MEMART (Memorandum Articles of Association)

– A registered Title deed to site or sale agreement or a Deed of Assignment/Gift or evidence of submission of a title deed to a relevant land processing agency

– A Tax Clearance Certificate for the immediate past 3 years.

– A 10-year business plan (please consult your lawyer on the required contents of a business plan under NERC regulations).

– A Financing Agreement or letter from a Financial Institution.

– A Power Purchase Agreement with a licensed Power Generation Company (GENCO) .

– A network agreement with a licensed Transmission company.

– A Retail Agreement with End-users for the supply of power or a Resale agreement with a licenced Distribution Company (DISCO). 

What are the validity periods of SO and Power Trading licenses in Nigeria?

SO & Power Trading licenses both carry a validity period of 10 years and like DISCO licenses can be extended, amended, suspended or cancelled.

What are the fees associated with procuring SO and Power Trading licenses in Nigeria?

Transmission System Operator licenses come with the following fee implications :-

Processing fees – 1 Million Naira

Licence fees – $300,000.00(Three Hundred Thousand US Dollars)

Licence renewal/Tenure extension Processing fees – 500,000.00 Naira

Annual Operating Fees – 1.5% of SO charges per Kwh.

Power Trading licences come with the following fee implications:-

Processing fees – 1 Million Naira

Licensing fees – $75,000.00(Seventy-Five Thousand US Dollars)

Processing fees for License renewal/ Tenure extension – 500 Thousand Naira.

Annual Operating Fees – 1.5% of Trading Company’s charges per Kwh net the cost of generation and transmission.

Conclusion :- Gaining a deeper insight into the total Regulatory Framework governing these 2 Power Sector Business Licenses will require a further consultation with your lawyer for those interested in venturing into either of these businesses. The next article will be looking at another type of Power Sector Business licence – the Power Transmission License.