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Home Blog Page 4963

Revolutux, Chiliz, and Shiba Inu: Three Altcoins That Might Save You from the Crypto Winter

By
TI Partners
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0

Even though the crypto winter is still in full swing, there are those who see it as an opportunity rather than a time to hunker down and wait for better days. One coin we recommend is Revolutux (RVLT).

Although it is still relatively new to the cryptocurrency market, it has shown promising signs of growth. Revolutux is well-positioned to weather the current market conditions and emerge as a leader in the digital currency space.

Revolutux Might be One of the Best Long-Term Cryptocurrency Assets

Revolutux is a digital asset that provides users with cheap transaction costs. This decentralized platform offers a strategic, low-risk, and frictionless trading experience.

By using the Revolutux Token, users can trade in digital assets from across the world. This will help to create a more freeing and secure environment for all.

Revolutux is currently being developed and will soon be available to the public. The Revolutux Token team is composed of experienced traders and developers who are committed to providing a high-quality and user-friendly product.

This token will revolutionize how we trade digital assets with cheap and fast transactions.In addition to these features, the platform has a huge bonus program for its pre-sale.

For example, you can buy with USDT (TRC-20) and earn 10% on top of a 33% first-purchase bonus and 8% first stage of the pre-sale bonus. Those bonuses stack, so you’ll get more coins than you’ve paid for.

Chiliz (CHZ)’s Approach to How Fans Interact with Sports Clubs

Chiliz (CHZ) is a cryptocurrency that was created to give sports fans a new way to connect with their favorite teams and athletes. The token can be used to purchase tickets, merchandise, and other experiences.

It can also be used to vote on certain decisions. The project is based on the Ethereum blockchain and was founded by Alexandre Dreyfus.

The team behind Chiliz has partnerships with some of the biggest names in sports, including FC Barcelona, Juventus, Paris Saint-Germain, and AS Roma.

We believe that 2022 will be an even bigger year for Chiliz (CHZ) as more and more teams and athletes adopt the token.

Given the current climate, buying CHZ might come as a long-term investment. Chiliz (CHZ) has a growing user base, and we believe that demand for the token will increase in the future.

Shiba Inu (SHIB) Might Still Become The Dogecoin Killer

The Shiba Inu (SHIB) was created to become one of the most popular cryptocurrencies. Its developers hoped that by making the coin’s appearance cute and marketing it strongly, they would entice a large number of investors. So far, their plan seems to be working.

The coin has risen sharply in value since it was first launched, and it has received a great deal of attention from both individual investors and celebrities like Elon Musk and Vitalik Buterin.

In addition to its rising value, Shiba Inu has also gained popularity for its charitable work.

The coin’s developers have created a campaign called Amazon Smile, which collects donations to rescue real, live Shiba Inu dogs through the Shiba Inu Rescue Association.

This work has endeared Shiba Inu to many people, and it is one of the main reasons why the coin is currently one of the most popular cryptocurrencies on the market.

While it is impossible to predict the future of cryptocurrencies, Revolutux, Chiliz (CHZ), and Shiba Inu (SHIB) all have the potential to be valuable investments in the long run.

Each altcoin has its own unique features that could make it successful in the coming years. If you are looking for a way to escape the crypto winter, these three altcoins might be worth your investment. 

Join Revolutux (RVLT)’s Presale:

Presale: http://begin.revolutux.com/

Website: http://revolutux.com/

Telegram: https://t.me/RevolutuxOfficial

UN Chief Calls for Demilitarization of Zaporizhzhia Nuclear Power Plant in Ukraine

By
Tiamiyu Ismail
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0

The United Nations Secretary General, Antonio Guterres has called for the immediate demilitarization of the Zaporizhzhia Nuclear Power Plant (NPP) in Ukraine which has since been garrisoned and taken over by the Russian troops following Russia’s Special Military Operations in the Ukrainian territory. He noted that the demilitarization of Zaporizhzhia is urgent and quintessential to curtailing and resolving threats to the nuclear power plant due to destructive actions being perpetrated in the region.

Guterres made this call during his visit to Odessa where he’s scheduled to hold talks on grain exports with President Zelensky and Turkish leader Recep Tayyip Erdogan.

According to the UN General Secretary, as quoted by the UN Chief’s press office, “Obviously, the electricity from the NPP is Ukrainian electricity and it is necessary, especially during the winter for the Ukrainian people, and this principle must be fully respected.”

The Zaporizhzhia NPP which consists of six power units and has about 6000 megawatts capacity is said to be the largest in Europe and it’s used to generate a quarter of all electric power in Ukraine.

Tass reported that over the last few days the Kiev regime has delivered numerous strikes against the station’s territory using drones, heavy artillery and multiple launch rocket systems which in most cases the attacks are repelled by the Russian air defense system. However, some rockets hit the NPP’s infrastructure facilities, including the nuclear waste storage sites.

Kiev has accused Russia of using the plant as a shield from which it shells Ukrainian targets. It also says Russia has shelled the plant. However, Moscow claims Ukraine is the one shelling the facility.

According to Reuters, Russia has described the demilitarization proposal as unacceptable and forcing its implementation will only make the power station more vulnerable. Reuters also reported that the spokesperson for Russia’s foreign military, Ivan Nechayev, accused Kiev of organizing a provocation while it’s unable to control nationalist armed groups.

CBN: eNaira’s USSD Will Become Available Next Week As the CBDC’s Transaction Volume Hits N4bn

By
Samuel Nwite
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0

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday, disclosed that eNaira has recorded over 200,000 transaction volumes worth N4 billion since the country’s Central Bank Digital Currency (CBDC) was launched last October.

The eNaira was created to give Nigerians alternative to cryptocurrency that swept through the country as an asset and means of payment. Since 2021, the CBN has been seeking ways to increase the use of the eNaira by eliminating barriers to its adoption.

Part of the efforts to promote eNaira’s adoption is the proposed introduction of Unstructured Supplementary Service Data code (USSD) made earlier in the year. Emefiele said effective next week, Nigerians, both banked and unbanked, would be able to open eNaira wallet and conduct transactions by simply dialing *997# (USSD) code from their phones.

Emefiele was speaking at the opening of the Grand Finale of the eNaira Hackathon in Abuja. He said the world was now in the digital dispensation and that the use of cash will soon dissipate to zero as digitization becomes part of human lives. The governor revealed that since the launch of the initiative, the eNaira has reached 840,000 downloads, with about 270,000 active wallets comprising over 252,000 consumer wallets and 17,000 merchant wallets.

He said both merchants and consumers with bank accounts can use the NIBSS Instant Payment (NIP) to transfer and receive eNaira to any bank account, adding that this will further deepen the integration of the eNaira with the existing national payment infrastructure.

The CBN has been pushing for further financial inclusion in Nigeria, a cause it said the eNaira will help to attain. The CBN Deputy Governor, Economic Policy Directorate, Dr. Kingsley Obiora, said the value of e-business transactions had grown from N39.3 billion in 2014, to about N2.4 trillion in 2022.

The apex bank is apparently building on the progress of the digital finance adoption to expand the use of eNaira. Emefiele said efforts toward building the future monetary system of the country is in response to the emerging trends and developments in the global digital space.

“Pursuant to achieving its mandate of preserving monetary and financial stability, the CBN is, strategic in charting the future of Nigeria’s legal tender, be it in its traditional or digital form as the economy transits to a digital one as well as charting the course for innovation in the financial sector and in the infrastructure underpinning financial markets,” he said.

The CBN governor further said the eNaira is timely and strategic in complementing the various diversification and digitization initiatives of the federal government including the launch of the Nigeria Digital Economy Policy and Strategy (NDEPS), the National Broadband Strategy, as well as the introduction of the Start-Up Bill and a host of others.

“Innovative products and services built on the eNaira would enhance Nigerians’ participation in the digital economy and promote further development of a burgeoning Fintech ecosystem.

“To achieve these set-out objectives, the project adopted a phased- approach with the first phase focusing on banked users, while the policy objective of the second phase borders around financial inclusion.

“In addition, the eNaira platform possesses an innovation layer for products and services to be built with the aim of enhancing Nigerians’ participation in the digital economy and promoting further development of a burgeoning Fintech ecosystem,” he said.

The CBN said the eNaira Hackathon, which was embraced by tech experts and stakeholders in the financial industry, is evidence of the CBDC’s growth potential. A total of 4,667, made up of 4,082 male and 582 female young applicants, registered for the eNaira hackathon.

“Therefore, today’s event is targeted at providing an engagement with critical stakeholders in the financial technology space to deepen the link between eNaira and Fintechs.

“From the presentations made over the course of this eNaira Hackathon, I am confident that it will unravel a pool of talents that would fuel the transformation of Nigeria into a world-class digital economy and beyond,” Emefiele said.

NBC Revokes Licenses of 52 Nigerian TV and Radio Stations and Demands their Immediate Shutdown

By
Tiamiyu Ismail
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0

The National Broadcasting Commission (NBC) has revoked the licenses of 52 Television and Radio stations in Nigeria. The Commission stated it has taken the decision due to failure of the affected stations to renew their licenses and clear their debt to the Federal Government despite being warned earlier about the consequences of failing to do so.

The NBC’s Director General, Malam Balarabe Shehu Ilehah,while addressing the Press in Abuja on Friday, said 52 stations are found to be operating without a valid license in the country and also owing the commission up to the tune of N2.6 billion. Some of the affected stations mentioned are African Independent Television, Silverbird TV, Reypower Fm, Rythm Fm, Crowther FM and many others. The full list of stations is here.

According to the DG, in May, the commission had published the names of the stations that were yet to renew their licenses and granted them two week’s grace period to do so or otherwise get their license revoked. However, many of them paid lip services to the directive. The DG added that the decision of the commission does not have any political undertone.

He said, “Three months after the publication, some stations were yet to pay their outstanding debt in contravention to the NBC Act CAP N11 laws of the Federation of Nigeria 2004 particularly section 10(a) of the third schedule of the act”.

The DG therefore demanded that all the affected stations should shut down their operations within 24hrs. He enjoined all stations that have not renewed their licenses for the current duration to do so within 30 days to avoid sanctions.

Also, all the Internet Protocol Television (IPTV) and other broadcast stations that stream online were advised to register with the commission to avoid disconnection.

Facebook Slowing Losing Its Grip As A ‘Top 10’ App, As BeReal And TikTok Grow

By
Ojukwu Emmanuel
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0

It is often said that “Eras come to an End”, which could be the case for social media giant Facebook, as the arrival of two social media platforms, BeReal and TikTok has been reported to shake up its dominance as Facebook is currently losing its grip as a top 10 app.

According to an analysis of iPhone App Store data, it revealed that Facebook has been struggling to maintain its position among the top 10 apps in the U.S, as younger customers most especially Generation Z are shifting to newer social networking experiences like BeReal and TikTok.

Last year, it was reported that Facebook fell out of the Top 10 free iPhone apps in the U.S seven times, while in 2022, the figure soared to 97, an indication that Facebook may be losing ground as new apps push their way into the App Store top rankings.

Facebook only stayed once out of the Top 10 apps, as long as 37 consecutive days in 2022. The big blue app hasn’t consistently held onto a strong position in the top 10 in prior years. Its lack of dominance, has been attributed to the company’s inability to inspire a new generation of users, which is something the company is concerned about, a topic its CEO Mark Zuckerberg has spoken candidly about before.

Whether it’s for casual entertainment or formal education, Gen Z prefers to consume content in video formats, which has no doubt seen the rise in the user-base of uniquely young social media users from across the world, to prefer TikTok which has catapulted the social media platform to be a dominant force in the global technology.

One of the features that make TikTok unique, is that videos made on the platform are typically characterized as raw, high-energy, and deeply engaging because TikTok provides advanced yet simple-to-use tools for users or businesses to embed music and visual effects on videos.

It has been revealed that users tend to have significantly higher engagement rates on their post, when compared to using Facebook, Instagram, and other social media platforms. On the other hand, new “anti-Instagram” apps like BeReal seem to also attract a lot of Gen Z users due to its unique features. As the app name suggests, BeReal claims to help users be more authentic online.

 

Just as millennials fueled the rise of earlier social media platforms like Facebook and Instagram, Generation Z is fueling the rise of TikTok, Snapchat, BeReal, and the likes.

The rise of these new platforms is not merely a story of the ongoing success of certain technology companies, but more importantly, the ushering in of the next generation of socially aware and digitally discerning users. Due to Facebook’s gradual loss of its grip as a Top 10 app, in order to keep up with the pace of these emerging platforms, the Blue app is presently making massive radical changes.

No doubt, Facebook is still by far the world’s biggest social network, with almost 3 billion people logging in on the platform every month, although pressure from TikTok and other new apps is forcing it to make significant changes for fear of being displaced.

The social media app has already introduced TikTok-like short videos called Reels two years ago. Just recently, it is currently changing its playbook by shifting focus from news tab and bulletin to creator’s economy. The big blue app has also been retooling its teams to make serving young adults its main focus, rather than optimizing for the larger number of older people using the app.

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