DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4916

Big Eyes Coin, This Cute Cat Is On A Mission To Preserve The Oceans And Outgrow TRON & Cronos

0

A cryptocurrency is a digital asset that is protected by cryptography, which safeguards the currency from being counterfeit. Many cryptocurrencies are based on blockchain technology and function on decentralized networks. Cryptocurrencies are operated and distributed without the intervention of central authorities like the government and banks.

Cryptocurrency is a relatively new phenomenon; it began in 2009 with the advent of Bitcoin. In a short period, cryptocurrency became a trillion-dollar industry and changed the financial landscape forever. There are several reasons why cryptocurrencies are so popular.

Users are well aware that cryptocurrency trading can be a lucrative endeavor. For instance, Bitcoin’s value was thirty-two dollars in 2011. A decade later, its token price soared to sixty-nine thousand dollars before the crypto crash in 2022.

Likewise, Ethereum’s value has quadrupled every year since its release! Since traders are motivated by profit, they are enticed by cryptocurrencies. In 2021, El Salvador, a country in Central America, began accepting Bitcoin as a legal tender.

After years of rejection, the historic move gave considerable credence to cryptocurrency. Traders are hopeful that other countries will follow El Salvador’s example.

More merchants are accepting cryptocurrency payments, and numerous governments have eased their stance recently. The application of blockchain and metaverse technologies has grown rapidly.

Unfortunately, cryptocurrency has been crippled by a market-wide crash in the summer of 2022. In the following passages, we will study three cryptocurrencies to determine how the market is performing: TRON (TRX), Cronos (CRO), and Big Eyes (BIG).

TRON (TRX)

TRON is the 16th biggest cryptocurrency based on market capitalization, which is 6 billion. TRON’s token price is 0.066 dollars. Both figures mentioned have remained constant in the last twenty-four hours.

The daily trading volume of TRX is 457 million, a significant increase of 9.3%. A decentralized, blockchain-oriented operating system, TRON was released in 2017 by Tron Foundation. Initially, tokens were based on ERC-20 and supported by Ethereum before they moved to the resident network.

The idea behind TRON’s creation was to grant content creators full ownership privileges. Typically, platforms give content creators a small percentage of the income. On the other hand, TRX rewards users with more incentives to encourage them to produce more content.

In addition, TRON facilitates blockchain technology, smart contracts, and decentralized applications (dApps). The transaction mechanism, UTXO, is similar to Bitcoin’s model. All transactions are conducted in a public ledger, and users can track their history.

The TRON network is governed by certain conventions, which include:

  • The data on the network is free and not regulated by a central body
  • Content creators receive TRX tokens as compensation for their work
  • Token holders can utilize their coins to create applications
  • TRON conducts decentralized games

Furthermore, the TRON (TRX) ecosystem has three levels that streamline operations. The three layers of the TRON ecosystem are:

Storage layer: All information is stored and segmented here

Application layer: TRX is employed by developers for the creation of applications and wallets

Core layer: The final layer where instructions are computed in either Java or Solidity language and sent to the Tron Virtual Machine for execution

TRON uses a proof-of-stake (PoS) protocol, making it considerably more energy-efficient compared to other platforms. The proof-of-work (PoW) mechanism enables TRON to conduct approximately two thousand transactions per second, free of cost.

Cronos (CRO)

The second token we’ll uncover is Cronos (CRO). Cronos ranks in 25th place with a market cap of 3.87 billion and a token price of 0.128 dollars. Both values have declined by 3.2% from yesterday.

In the same duration, the volume of CRO tokens traded is 17 million, increasing by 2.2%. CRO is the native token of Cronos Chain, a decentralized, open-source blockchain designed by Crypto.com, and launched in 2016. Cronos went live in 2018.

The original name of Crypto.com was “Monaco Technologies GmbH.” The founding partners were Kris Marszalek, Bobby Bao, Rafael Melo, and Gary Or.

The parent company boasts several commodities, and Cronos is just one example; it aims to utilize its products to expedite the adoption of cryptocurrencies. The advantages of cryptocurrency are that users will have greater control over their money, and their identities and data will be protected.

The main objective of Cronos (CRO) is to give utility to token holders who use the payment, trading, and financial services provided by Crypto.com. Typically, users stake their tokens for verification.

Moreover, Cronos Chain is an Ethereum-enabled blockchain released in 2021, and it’s compatible with the Crypto.com blockchain. The two entities work in the same vein as Binance Smart Chain and Binance Chain. The mainnet is developed using Cosmos SDK and employs a proof-of-authority (PoA) consensus protocol.

Cronos Chain works with Ethereum Virtual Machine (EVM), allowing the former to transfer countless decentralized applications on its platform. The link with EVM also enables Cronos Chain to create a bridge with Cosmos dApps through Inter Blockchain Communications (IBC) protocol.

Big Eyes (BIG)

TRON and Cronos are high-ranking and well-established tokens in a competitive market. The cryptocurrency we’ll discuss next is a brand new one called Big Eyes (BIG), a full-fledged community token created to transfer wealth into the DeFi ecosystem and save the world’s oceans.

Essentially, the more money that moves into the decentralized finance ecosystem, the greater the chances of saving the world’s ecosystem.

Usually, community-oriented tokens are utilized for wealth creation for charitable purposes. Big Eyes is different because it aims to sustain a blockchain ecosystem that grows exponentially using Non-Fungible Tokens (NFTs).

The NFTs will allow users access to exclusive content and events. Big Eyes is an adorable male feline who is aptly named because his eyes are big and cute. BIG loves devouring fish, which is why he intends to save the oceans; after all, he has to eat! Big Eyes was born in Washington, D.C., and adopted by a rocket scientist working at NASA. The two formed a loving bond, and his owner taught BIG about space engineering.

Unfortunately, when Big Eyes was just three years old, his owner passed away. To cope with his owner’s loss, BIG boarded a yacht, travelled the world, practiced yoga, and learned more about the oceans.

Sadly, Big Eyes went overboard and was lost at sea until a humpback whale saved his life. The whale took BIG to Japan, where he studied the culture, made sushi, and practiced Zazen, a form of meditation. It was here that Big Eyes had an epiphany: he would embark on a journey to save the oceans!

How to buy Big Eyes?

If you are looking to buy BIG, the process is divided into three parts. Users must configure MetaMask on their browsers, which may be on their desktops or mobile devices. Once the wallet is ready, users must connect it and select the purchase option. Users can buy ETH by card, acquire BIG with ETH or purchase BIG using USDT. When the presale ends, users can claim their Big Eyes tokens.

Most of the key performance indicators of TRON and Cronos have grown, which is a great sign for new tokens like Big Eyes. Each new token must contend with a market that is a) highly competitive and b) suffering the repercussions of a devastating crash. Big Eyes has several attributes that could potentially make it a success when launched.

The tokenomics or the “cuteomics” of BIG are that the total supply of tokens will be 200,000,000,000. 70% of tokens will be sold at the presale stage, and 20% will be disseminated on exchanges. The remaining 10% will be allocated to a marketing wallet (5%) and charity (5%).

Enter Presale: https://bigeyes.space/

Why You Should Trade In HachiFi (HACH) and Dogecoin (DOGE) In 2022

2

Cryptocurrencies have been the talk of almost everyone, especially those looking forward to becoming crypto traders. What was considered a scam and unstable a few years back is now the talk of the financial press.

When it is considered now, we will see that beyond shareholders, everyone in a way is connected or has heard about a cryptocurrency through the internet. When we look into cryptocurrencies, it can be seen that HachiFi (HACH) is unique, and traders are getting more familiar with it.

Therefore, crypto enthusiasts need to understand where that money is going. In light of that, in this article, we will discuss why traders should keep their eyes on HachiFi (HACH) and Dogecoin (DOGE).

HachiFi (HACH): The Next Big Cryptocurrency

HachiFi (HACH) is a new cryptocurrency that aims to unlock opportunities in Decentralized Finance that would help it redesign its structure. HACH’s ecosystem has been covered, from buying to earning passive income.

This cryptocurrency is dedicated to developing opportunities in cryptocurrency. Its traders can take advantage of these opportunities to earn passive income while also providing funds through the bonuses that come with this token. Those bonuses;

For every purchase made with $100, traders would be given a 1% bonus, a 3% bonus for $250 worth of purchases, an 8% bonus for every purchase made with $500 and a 40% bonus for purchases made with $2500. When a person is referred, both the referral and the referred will receive $75 each for every $200 spent by the referred.

Also, for every trade made with Ethereum (ETH), a 22% bonus would follow, while a 25% bonus would be attached if the purchase is made with Binance coin (BNB). There would be a 10%, 5% and 3% bonus for purchases made during stage1, stage 2 and stage 3, respectively. HachiFi (HACH) is concentrating on developing and improving how DeFi works for passive income, coin safety and accessibility.

Dogecoin (DOGE); The Largest Meme Coin

Lately, crypto analysts have been encouraging more traders to purchase Dogecoin (DOGE) because of its promising future. This could become well known due to its outstanding performance in the coin market compared with other cryptocurrencies. Another reason it was well known was that it got endorsed by cryptocurrency influencer Elon Musk, who currently still stakes highly in it.

Dogecoin also has a high position as the largest meme-coin within the coin market, giving it an edge over competitors. It has a high speed and low transaction cost, making it one of the best cryptocurrencies to trade. Dogecoin (DOGE) has existed for quite a while and is still standing despite several crypto crashes, which shows that it is stable to trade in.

As the cryptocurrency world is gradually evolving, it is advised to take necessary actions to avoid being left behind. As seen above that, HachiFi (HACH) is unique and promising. Traders must take the steps required to avoid missing the next big thing. However, it is necessary to do your research before trading any coin.

Enter Presale: https://signpup.hachifi.com/register

PugglitInu Is Offering Blockchain Solutions Alongside Solana and Chainlink

0

Cryptocurrency resides on blockchain technology, and the growing power of these two industries has reached places that once ignored the importance of cryptocurrency and the unavoidable adoption that is taking over globally.

With both feet planted in decentralisation, many expectations are hinged on how well the crypto industry performs. Sadly, there has been a slew of shortcomings attached to stable and new crypto projects that need to be addressed.

Pugglit Inu (PUGT) is a blockchain solution-dedicated platform. The platform will relieve users of lax customer service, comparatively lower transaction fees, high security, and advanced tools embedded in trading activities.

What Is Pugglit Inu (PUGT)?

Not a funny name or some silly made-up idea- Pugglit Inu (PUGT) is a portmanteau of puggle and piglet. The coin is modelled after the best qualities of both animals- community-friendliness, keen attention to security and safety, and environmental conscientiousness.

The Pugglit Inu (PUGT) platform offers crypto users a better place for trading with a charting tool, an aggregator, and updated network statistics. It also has trading bots that relieve the on-hand job trading has forced crypto traders to have if they intend to stay on top of prevailing trends.

Additionally, the Pugglit Inu (PUGT) protocol is built on the Binance Smart Chain network (BSC), inheriting a system designed to maximise the user’s profits in both short and long-term usage. Building on BSC also gives Pugglit Inu (PUGT) room to grow in DeFi and run smart contract-based applications along the line.

Not only those, but Pugglit Inu (PUGT) will embrace interoperability for cross-chain communication between other chains. As a critical solution for scalability, it is expected that achieving scalability as the number of transactions increases will be an easy feat to pull.

Pugglit (PUGT) DAO

Decentralised Autonomous Organisations (DAO) are a highly needed phenomenon in the crypto industry as they imply that members and not a central body control governance.

Pugglit Inu (PUGT) states that its DAO will be to “bring governance to the community members of the platform and empower its holders.” The DAO will operate on a system optimised for growth and wealth creation. With protocol-controlled liquidity and high-staking reward, the DAO will regulate and control supply expansion.

Essentially, Pugglit Inu (PUGT) will work for users and the project’s growth through a flattened hierarchy and structuring for Pugglit user incentivization.

Pugglit Inu (PUGT) Blockchain Solution

As mentioned, Pugglit Inu (PUGT) intends to bring solutions to blockchain issues that still plague crypto projects. The main problems are the blockchain trilemma- scalability, security, and decentralisation.

Scalability will come with interoperability as Pugglit Inu (PUGT) will allow the exchange of assets and data across several chains. The whitepaper explains it as follows, “launching Pugglit Inu on BSC ensures dual chain interoperability, allowing cross-chain communication and selling high-performance dApps to yield a fast transaction rate and smooth user experience.”

High security will be on the part of Pugglit Inu (PUGT) to safeguard users’ data and funds, aided by Binance Smart Chain’s (BSC) impressive security system. BSC uses a proof-of-stake relay chain that maintains the network’s integrity and will be a valuable addition to Pugglit Inu (PUGT).

Decentralisation in Pugglit Inu (PUGT) begins with DAO governance, giving holders a say in policies to be implemented on the platform. After all, the idea of being a DeFi token and a meme utility is for the community.

Pugglit Inu (PUGT) solutions do not stop with the blockchain trilemma, going beyond to better its ecosystem. The platform employs a unique proof-of-work algorithm to secure transactions and reduce fees. And where everything happens- the mobile wallet- will be optimised for easy access and use.

Pugglit Inu (PUGT) Presale Offering

Pugglit Inu (PUGT) offers a bonus offering system that allows buyers to enjoy an additional percentage of PUGT when they become holders.

Buying PUGT with either Ethereum (ETH) or Binance coin on Binance Smart Chain (BNB) will give up to 20% extra on whatever amount of tokens you have purchased. Each of the three presale stages has bonuses, and you also get a 65% bonus on  PUGT tokens for your second purchase.

You can buy PUGT via the website, using the options of Ethereum (ETH), Bitcoin (BTC), Binance coin (BNB), and Tether on both TRON and Ethereum networks.

Step 1

Get a PUGT-friendly wallet that is also compatible with your purchase option.

Step 2

Configure (connect) your wallet to prepare it for some

PUGT.

Step 3

Buy yourself some PUGT tokens, and you’re good to go. 

What Is Solana (SOL)?

Solana (SOL) is an open, programmable blockchain for smart contract applications. Solana (SOL) is one of the thriving blockchains in the cryptosphere, with solutions needed to combat rampant problems. It is ranked one of the best according to market capitalization.

While Ethereum (ETH) is the central hub for decentralised applications, NFTs, and DeFi, the cost of engaging in transactional operations is heavy- monetary and speed-wise. Developers and users have found Solana’s (SOL) alternative of higher throughput and lower fees as the incentive to switch chains.

Solana (SOL) provides scalability using its method of rivalling speed without giving up decentralisation and censorship resistance. It is worth noting that the architecture of Solana (SOL) is founded on eight key technologies that keep evolving to produce optimal performance.

As a result, it has become a lightning-fast blockchain with over 50,000 TPS that keeps going without getting hindered by the nodes migrating to its base.

SOL, the cryptocurrency on the network, is used to pay transaction fees and stake. It is also listed on exchanges like Binance and Coinbase for compatibility with any wallet.

Enter Presale: https://pugglitinu.com/

Explore Blockchain Technology with Chainlink (LINK)

Chainlink (LINK) provides real-world information to smart contracts on blockchains, allowing them to interpret agreements and securely interact with off-chain data accurately. The oracle network was launched in 2017, by the for-profit company- SmartContract.

The introduction of smart contracts brought transparency, speed, and cost reduction to crypto-related activities. This removed the need for external agents and intermediary fees.

The problem is that while smart contracts are codes that inspire a trustless system, they cannot read real-time data due to blockchain restrictions. As a decentralised oracle network, Chainlink (LINK) bridges the gap and feeds them the needed data.

Due to its fall from the top twenty cryptocurrencies and heavy loss in value, Chainlink (LINK) has remained undervalued for its contribution to blockchain solutions and price potential. However, its level of adoption remains higher than many cryptocurrencies in the market, and there is a high chance for longevity.

LINK might not make a good investment for the price, but the underlying technology is something worth paying attention to. The network’s invaluable work on securing smart contracts for chains to remain stable has no limitations.

Conclusion

Without solving issues, the cryptocurrency industry cannot reach the heights it intends to attain. Thankfully, these blockchain platforms have taken it upon themselves to fill these loopholes- and have done well so far.

They will be ahead of whatever lies in the positive future of crypto, and so will holders within their ecosystem.

The Peter Obi’s Abeokuta Rally

0

Nigeria 2023 election will be the most open election in Nigerian history.  I have called it the year that information technology will disintermediate decades-old political structures in Nigeria as social media, SMS, etc remove (partly) information asymmetry, making it possible for citizens to have the right information and make the calls.

My thesis is that we will have a higher correlation between ideas & visions and electoral results. If that becomes statistically significant, Nigeria will begin to rise, henceforth, as higher quality managers will join Nigerian politics. For Abeokuta to respond this way for Peter Obi does imply that mobile internet is transforming Nigeria at a rapid pace.

Comment on Feed

Comment 1: The presidential election is between Obi and the rest, he remains the only candidate with a clearer route to Aso Rock. Anyone who pays attention knows who has the momentum, but of course – people who are not doing great will always find ways to be part of the conversation and create some hope for themselves. The man Obi has about 15 states within reach, if he picks just two in the southwest with Lagos obviously very competitive, he wins Aso Rock.

Something very interesting is happening in Nigeria, for those who really know how to read events, but again, if the result of a match is already known, what’s the essence of playing? So we have to keep the conversations going!

Comment 2: The truth be told the system of apc and pdp has really put nigeria backwards and its really affecting the youth badly,everyone is tired of this old system of ruling nigeria,we want a better nigeria,we want a nigeria that will be respected again,we want to take back our title of been the giant of Africa…#am obedient

Nigerian Presidency is Wide Open As Mobile Internet Could Disintermediate Old Political Structures

Jamb 140 Cut-Off Mark For University Admission – A Decline In Nigeria’s Educational System

0

Recall that in July 2022, the Joint Admissions And Matriculation Board, JAMB, and heads of tertiary institutions in the country, fixed the minimum cut-off mark for admissions at universities at 140, while polytechnics and colleges of education have 100 as the minimum.

The decisions on the cut-off marks were reached after a heated session at the 2022 policy meeting on admissions to Degree, Nigerian Certificate Of Education (NCE), and National Diploma (ND) ongoing at the International Conference center.

The meeting which was presided over by the minister of education, Adamu Adamu, advised tertiary institutions to adopt a more flexible posture in the admission process, provided all actions were in compliance with the guidelines.

See what he said;

”Just as in the previous admission exercise, the criteria still remain as approved and circulated. All institutions must therefore adhere strictly to them and all others prescribed by the regulatory bodies such as the National Universities Commission (NUC), National Board For Technical Education (NBTE), and the National Commission for colleges of education (NCCE), particularly with regards to approved quotas, ratios, and other specifications meant for improved quality, accountability, and equity”.

Check out some reactions on Twitter;

@theboyisgreat said, “Education becomes a joke when the president and APC President and APC Presidential candidate can’t even account properly for their certificate. We can’t continue like this”.

@officialfemii said, “All of this to favour the core northern states or what? I’m not sure though. But 140? This is madness o! A child could just go into an exam hall, sleep for 1 hour, and toy with the papers and still score 140. Is it not meager 140/400? Education in the mud”.

@Botoconsults said, “can you imagine? During my time I couldn’t get admission because I had 196 and cut off was 209 my generation eh”.

@doctorflowz said, “Jamb announcing 140 as cut off mark for university is a national embarrassment on our education system and an encouragement for students to be lazy with studies”.

@Onwudegupeters said, “This system is defective and ridiculous! It is a way of making money from parents. How can the cut-off mark for university be 140? Trust Nigerians, those who scored 140 and can pay the price will be admitted ahead of those who scored 259 without money! Rubbish”.

@braveyilk said, “The standard keeps going down like an aircraft that is bound for a crash. How did we fall for this law for God’s sake just to please those from a certain part of the country who have refused to upskill. They will drag everyone with them in no time. This union is not working”.

It is disheartening that the educational sector in Nigeria has lost its value, as regards the constant reduction of low cut-off mark for admission into tertiary institutions in the country. The immediate implication is that the educational system is not living up to expectations in the production of future leaders for the nation as garbage in equals garbage out.

If JAMB continued on this trajectory of lowering the cut-off marks, it is unfortunate that the country’s standard of education would continue to be eroded.

There is a popular saying that no society grows beyond its level of education. That is to say, no nation can properly develop, except with a well-developed quantitative and qualitative educational system.