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What is Decentraland MANA and how it works

The goal of Decentraland (MANA), simply put, is to make the Metaverse a genuine place. Decentraland is one of the most rapidly developing cryptocurrencies in the Metaverse/Gaming sector, with a market valuation of slightly over USD 1,500,000,000. But can we trust that this coin will survive? Is it even conceivable for Decentraland to keep increasing its market cap, or is this just a passing trend at this point? In this essay, we will answer these concerns by providing an explanation of what Decentraland is, how it operates, and how it differs from other cryptocurrencies already on the market. For more information: http://bitcoin-sprint.com/

Decentraland (MANA): What Is It?

One such cryptocurrency is Decentraland (MANA), which facilitates the decentralized acquisition, improvement, and exchange of digital land. Ariel Meilich and Esteban Ordano began working on the project in 2020. Decentraland was marketed as the first user-owned virtual environment where anybody could produce, consume, and profit from their content and apps.

Buying land in Decentraland costs MANA, the platform’s native currency. Buying land in Decentraland is equivalent to buying a smart contract that grants you sole ownership of a certain plot of land in Decentraland. You may do whatever you want with the land after it has been recorded on the Ethereum blockchain. You may further its functionality, market it, and even swap it with other users. As a result, users can have ownership over virtual land in a decentralized fashion, similar to the Metaverse.

The Decentraland economy is not limited to the sale of virtual land; MANA may also be used to buy other virtual products and services. You may buy virtual goods, alter your character’s appearance, and unlock exclusive content. In-app purchases, like those made at a virtual coffee shop or for a digital concert, can also be made using MANA.

The Decentraland Function:

Every transaction that takes place on the platform is added to the Ethereum blockchain so that it can be viewed and verified by anybody. The Decentraland platform also makes use of smart contracts, which are legally binding agreements that can be validated and policed by the network..

Land in Decentraland may be broken down into two categories: parcels and districts. The Decentraland marketplace is where users may buy and sell parcels, as well as where they can purchase parcels to construct their districts. Multiple individual plots comprise the bigger regions known as districts. Everyone can make their districts, which can be utilized for everything from holding events and opening stores to developing new games.

Defining Decentraland: Its Backstory (MANA)

The rise in popularity of the metaverse and game tokens has a rational

The usage of blockchain technology, which might be the future standard for game development, is largely responsible for the positive momentum behind metaverse and VR-based games. Investments in these games are worthwhile because of their marketing systems. There are monetization methods for users to earn money off of their code. Land plots can be purchased and then developed into tourist attractions, hotels, casinos, museums, galleries, amusement parks, games, etc., for other players to pay to visit.

Is it wise to put money into Decentraland Mana?

Purchasing Decentraland Mana in 2021 has proven to be a profitable venture. In 2021, on the 24th of November, the price of one Decentraland token reached a high of roughly $5.48. Though the metaverse token hit an all-time high in November, it has fallen.

For what purpose is Decentraland designed?

You may play games, go on adventures, and connect with other users in Decentraland, a virtual world powered by the Ethereum blockchain. You may buy plots of land to create your virtual communities, markets, and software.

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Conclusion

There is substantial danger in investing in Decentraland or any other alternative cryptocurrency. Its upside potential is to the moon, but its downside risk is just as high. Decentraland, like many other goods, might be a bad bet if it can’t adapt to new market conditions or if it falls behind the competition. Keeping a close eye on your resources in the metaverse is a sensible safety precaution.

Leading Digital Currencies for 2022 Speculative Investment

Numerous digital currency options are available, like Bitcoin, Ethereum, Dogecoin, and Tether, which might be confusing for someone starting in the crypto realm. With that in mind, let’s look at the ten most valuable cryptocurrencies or those with the highest market capitalization. For more detail visit website

1. Bitcoin (BTC)

Capitalization of over $846 billion

Bitcoin (BTC), which was first created in 2009 under the alias Satoshi Nakamoto, is widely regarded as the first cryptocurrency. A decentralized ledger known as a blockchain is used to record transactions in Bitcoin and other cryptocurrencies. This ledger is distributed over a network of computers. Proof of work is a cryptographic problem solver that only legitimate transactions are added to Bitcoin’s distributed ledgers.

2 – Ethereum (ETH)

The market is worth more than $361 billion.

Ethereum, both a blockchain technology and a token, has drawn the interest of programmers due to its convenient capabilities, such as contracts activated when specific criteria are met and non-fungible tokens (NFTs). And Ethereum has grown a lot too. Its value increased by about 27,000%, from around $11 in April 2016 to over $3,000 at the beginning of March 2022.

3. Anchor (USDT)

Capitalization of the market: above $79 billion

In contrast to several other cryptocurrencies, Tether is a stablecoin. Many investors wary of other coins’ high swings in value opt for Tether instead.

4. The Binance Coin (BNB)

Over $68 billion in market value

When it first debuted in 2017, Binance Coin’s primary function was facilitating transactions on the Binance exchange platform. It may now be used for buying, selling, making payments, and even making trip reservations.

5. XRP

A total market value above $37 billion

Initiated by the same team that brought you Ripple, a digital payment processing firm, Ripple’s network allows XRP trades with other cryptocurrencies and fiat currencies. The opening price of XRP in 2017 was $0.006. Its price increased by about 12,600% in the five years leading up to March 2022, when it hit $0.80.

6. Terra (LUNA)

Capitalization above $34 billion

Terra is a blockchain-based stablecoin payment mechanism that uses an equilibrium between two different digital currencies. Luna, its counterpoint, is what runs the Terra platform and creates new Terra stablecoins.

7. Cardano  (ADA)

Capitalization above $33 billion on the market

Cardano is the first cryptocurrency to implement proof-of-stake validation while entering the market later. This technique decreases the transaction time, energy usage, and environmental effect by doing away with the competitive, problem-solving portion of transaction verification in systems like Bitcoin. Cardano, much like Ethereum, has its own native currency called ADA. This currency may be utilised to power distributed apps and smart contracts.

8. Solana (SOL)

Capitalization above $33 billion on the market

Solana is a cryptocurrency well-suited for use in DeFi apps, decentralized applications, and smart contracts due to its ability to perform transactions quickly and securely using a hybrid proof-of-stake and proof-of-history technique.

Important things to keep in mind this October

The price of bitcoin has been fluctuating wildly throughout September, unable to maintain stability above the key psychological level of $20,000. Without strong demand from buyers and merchants, the prospect of a major price increase is remote.

Important BTC whales with 100 to 10,000 BTC holdings are still unloading their coins. These important locations have shifted 3.5% of their supply to locations with significantly less effect on future prices during the previous year. Another 0.4% of the Bitcoin supply was dumped just in September. The buildup of potential whales is a trend to keep an eye on in October.

Mass culture Increases the use of NFTs in the marketplace.

NFTs have left their impact in various mediums, from video games to movies to songs. In reality, both NFTs and the metaverse will serve as points of entry for the entertainment business to the cryptocurrency sector. Cricketers, celebrities, fictional characters, and multinational corporations will all join the crypto bandwagon shortly.

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Conclusion

These forecasts are only a few of the many that have been made concerning the future of the cryptocurrency sector worldwide. Most analysts agree that the present downturn will be reversed by 2022. This is happening in fits and starts already, but a full-scale recovery won’t happen for quite some time. When it happens, the crypto sector will come out of its forced hibernation stronger than ever.

Safaricom unveils “Go Monthly plans”, consolidating postpaid and all in one plans at cheaper rates

Leading mobile service provider has consolidated its PostPay and All in One monthly plans to a simplified offering dubbed “Go Monthly”. The new proposal will see existing PostPay customers pay less than before in what the mobile service provider is referring to as lower-prices-more-value. The revamp is also expected to eliminate confusion between the previous all-in-one plans with postpaid plans, since they’ll all be now under a single plan.

In the structuring, Safaricom has reduced prices for Go Monthly plans, reversing a price increase witnessed back in July 2022. The move followed government actions in increasing exercise duty on Airtime from 15% to 20%.

Speaking on the new development, Safaricom’s CEO Peter Ndegwa said the service provider was fullfilling it’s commitment to customers by offering greater value while delivering great experience. Ndegwa also indicated the move was necessitated to consolidate it’s product offering while at the same time allowing customers enjoy a digital lifestyle in an affordable manner.

In the new price structure, the Go Monthly 1K plan will go for KES 1,000, a reduction from KES 1050; the 2K plan will go for KES 2,000 down from KES 2,100; the 3K plan will go for KES 3,000 down from KES 3,150; the 5K plan will go for KES 5,000 down from 5,200; while the 10K plan will go for KES 10,000, down from KES 10,430.

According to the mobile provider, all Go Monthly customers are set to receive free 2GB YouTube every month, while customers on the 5k and 10k plans will get unlimited data capped at 45GB and 100GB respectively, after which they will browse at 3Mbps speed. Go Monthly customers will be able to use their minutes to call across all local networks as well as China, India, USA, and Canada.

As part of the revamp, the plans will have a validity of 30 days, and only data will roll over upon renewal of PostPay or purchase of another monthly bundle. This is especially critical because voice and data resources were rolled over on plan renewals.

From as low as KES 500 per month, customers who prefer minutes or internet only can also enjoy the minutes or data-only Go Monthly plans respectively. Safaricom is also planning to introduce a device bundling option that will enable Go Monthly customers to acquire 4G and 5G smartphones via a monthly repayment plan inclusive of data, voice, and SMS bundles.

Customers can join PostPay or access all available Go Monthly plans via MySafaricom App, Safaricom.com and USSD *544#.

Revised Pricing for PostPay & All-In-One Plans

PLANNew Price (KES)Old Price (KES)ResourcesValidity
1,0001,050400 minutes + 5GB + 1000 SMS + FREE 2GB YouTube + WhatsApp30 days
Go Monthly PostPay & All in One2,0002,1001,000 minutes + 15GB + 2,000 SMS + FREE 2GB YouTube + WhatsApp30 days
3,0003,1501,500 minutes + 25GB + 3,000 SMS + FREE 2GB YouTube + WhatsApp30 days
5,0005,2002,500 minutes + 45GB + 5,000 SMS + FREE 2GB YouTube + WhatsApp30 days
10,00010,4307,500 minutes + 100GB + 1,000 SMS + FREE 2GB YouTube + WhatsApp30 days

Digital Yuan: It will go Miles Ahead in the financial world 

We know China has been working hard in the financial world to give the first digital currency in the market with the central bank’s backing. Finally, it embarked on the money known as the digital Yuan, the virtual extension of the money in the market. You can find diverse virtual coins in the financial market. Also, a monetary method of exchange is assured by the central bank. And it is confirmed by the top companies that world together in the market. It was also announced in 2014, and we see many more central bank currencies known as Digital Cash or electronic payment option, which are required to move ahead. The officials are now accelerating their efforts during Summer 2019, and Facebook is seen moving ahead with a digital currency known as Libra. As per many more media and Fintech world who are seen speculating about the practical efforts. It can even add the USD and upend the global order that goes with the quick story. The US should be able to catch many more options to say goodbye and then resign with the financial leader. You can learn more about these topics by visiting the Yuan Pay Group.

Digital Yuan in China 

When Digital Yuan came, many Fintech and Media experts got busy predicting some grandiose effect due to the currency. They claimed that the money would topple USD and even shape the global order. The story discussed various aspects of the coin, and the US also stood up to catch things goodbye and gain the regime of financial leaders in the global market. The media is now busy still talking about it. However, we need to know the crux of this debate. We fail to understand that the centralized digital coin of China will remain ready in the coming times during prime time. We also know that there are indicators that work hard towards the hype. 

Also, there are national implementations that are seen long in the market. The US isl is likely to catch up and then say goodbye to the same. Now, you and too many things indicate the excellent hype and the federal execution that goes a long way. You can even find some current pilots that remain limited with the few people in the market. The PBOC has claimed it will be testing in the digital market in 2022. Also, there is rising political stress in the market, and the US is ready to gain the idea of accelerating the company’s schedule. We can even help make the massive rollout in the market, and digital currency is seen at the next level. 

What brought the Digital Yuan? 

Let us ask what’s wrong with cash, and the central bank solved many more issues in the currency hurdles in the market. You can find much more physical money, which seems like an expensive business. It also requires it to be published and then put into the circulation. However, to maintain it, you need the digital existence of the currency. Perhaps this is why the digital Yuan came into the market. We see the physical cash is now doing some expensive business that remains on top of the cost. Money has become difficult to monitor and even trace. Many more are seen acting as an attractive option to exchange what comes involved in criminal activities. Several enhanced supervision of transactions is there to help the authorities fight money laundering and even the country’s illegal financing issues. 

Digital Yuan for Progress 

If you can extend the pilots, you can find the central bank now announcing to start the option of treating and training about digital Yuan. When it broke in the media, the news allowed them to become a fierce thing in the market. These remain the only solution for digital Yuan that went on to deploy stuff at the national level. The digital Yuan follows a system that can help choose the people on hold, and they all come from three different nations, including Chengdu, Suzhou and Xiongan. The PR claimed that the pilot project coming in April would challenge many things. It will disband the idea of using crypto in the market. Digital Yuan helps in empowering with the China’s local economy and even at the international level. In July, we saw many more such things happening and then explored the application for digital currency.

Cardano comes to the forefront of investments

Virtual currencies are high-yield investments that can yield high returns for the investor. Because of their low volatility, they are an excellent way to invest in long-term goals. The virtual currency market is relatively new, so it doesn’t have the same infrastructure as traditional markets like stocks and bonds. However, this also means that it has lower fees associated with investing because there isn’t as much bureaucracy involved in getting started on virtual currency exchange or platform.

Virtual currencies offer high returns, especially if you’re willing to risk investing. However, as with any investment, you should always do your research and make sure that the virtual currency is worth it before investing. Thus, paddle up your portfolio through the bitcoin trading platform and enhance your investment potential. For more details read this website: http://bitcoin-smarter.com 

Benefits

1. High rewards and returns: An exchange is the most common way to invest in cryptocurrency. This allows you to buy or sell cryptocurrencies as often as you want, which can make it easier to earn a return on your investment. Virtual currencies have a lot of upsides, such as high rewards and returns. The amount of profit you can make with virtual currency investment is high compared to other investment options. In addition, virtual currencies have a low cost of investment because any government or organization does not regulate them. There is no need for you to pay fees or taxes when you invest in them. This means that the cost of investing in virtual currencies will be lower than if you invested in stocks or bonds.

2. Lower investment cost: Since cryptocurrency is just data stored on a blockchain, no go-between is involved in the transaction process. This means that there are no fees associated with buying and selling digital coins like there are with stock trading or bank savings accounts. Another advantage of investing in virtual currencies is that there are no costs involved when you purchase them. You don’t have to pay any fees or commissions when buying Bitcoin or another cryptocurrency and selling it later at a higher price since those transactions are free from third parties like banks and brokers who charge fees on top of what you pay for the purchase itself!

Virtual currencies are more scalable than traditional investments because they don’t require you to go somewhere to buy them physically; you can purchase them from anywhere there’s an internet connection available! This means that even if you don’t have a lot of money, you can still invest in virtual currencies without having to leave your house or rely on someone else’s generosity (like taking out a loan from a bank or using a credit card).

3. More scalable and adoptable: Cryptocurrencies are not tied to one country or company—they can be used anywhere in the world without requiring them to be converted into fiat currencies first. This makes them more accessible than other forms of investment because they don’t require you to seek out a broker or an account manager first before getting started investing in cryptocurrency markets today!

4. Reduced time to own: The fact that cryptocurrencies are decentralized means that there aren’t any intermediaries taking their cut from the transaction; instead, you can keep all of your money in your wallet while still being able to use it whenever and wherever you want! Virtual currencies are also much quicker than other types of investments because they don’t require any paperwork or legal documents like stocks do—instead, all you need is a computer or smartphone (or even an internet connection).

Virtual currencies are less expensive than traditional investments because they don’t require the same amount of capital in order to invest. In addition, there aren’t any fees associated with purchasing virtual currencies—you just pay a fee when you sell them (as opposed to paying a fee when you purchase other types of securities).

Final words

Virtual currencies are more scalable than traditional investments because they can be used in a variety of ways—one example is that you can use them for trading goods and services on an online marketplace like Etsy or Amazon, which means that more people will be able to use them if they become more popular among consumers. 

KenGen Leverages the Power of the Internet of Things to Transform Operations at Olkaria Geothermal Power Station

In an effort to enhance operations and maintenance at the Olkaria Geothermal Power Station in Kenya, the Kenya Electricity Generating Company (KenGen) has turned to the power of the Internet of Things (IoT). The project, which was funded by the Kenyan and Japanese governments in partnership with the United Nations Industrial Development Organization (UNIDO), the Japan International Cooperation Agency (JICA), and KenGen, aims to install and demonstrate the effectiveness of IoT technology at the facility.

But what exactly is the IoT, and how does it work? Simply put, the IoT refers to the connection of devices, such as sensors, to the internet, allowing them to send and receive data. This technology has the potential to revolutionize a variety of industries by enabling the digital connection of devices, the exchange of information, and the control of processes.

In the case of the Olkaria Geothermal Power Station, the IoT technology will be used to centralize, accumulate, and analyze operational data at a data center equipped with specialized servers and collection and transmission systems. This data can be used to make informed decisions on maintenance and project future needs, ultimately leading to increased efficiency and productivity as well as reduced operation and maintenance costs.

“The data collected and stored by the IoT system will help us make informed decisions on the maintenance we need to carry out. It will also help us to estimate the needs we need in the near future,” said Eng. Harrison Keter, acting Operations Manager at KenGen.

But the benefits of the IoT don’t stop there. As Koji Nakaoka, Vice President and Head of the Energy and Sustainability Business, and Global Sales at Yokogawa, the IoT solution provider for the Olkaria Geothermal Power Station project, stated, “The solution not only optimizes maintenance and maximizes power generation efficiency, but it also ensures a reliable supply of power.”

The successful installation of the IoT technology at the Olkaria Geothermal Power Station marks yet another example of the rapid spread of this technology across various industrial sectors. As more and more devices become connected to the internet, it’s clear that the IoT will continue to transform the way we live and work. And with the help of organizations like UNIDO, JICA, and KenGen, the adoption of this technology is sure to accelerate even further, bringing with it a host of benefits for individuals and businesses alike.

How to get connected to Safaricom’s 5G Wi-Fi home internet service and how much it’ll cost you

Safaricom has finally rolled out its 5G internet after testing for the couple of months. Subscribers who don’t have fibre coverage within their areas but still would like to enjoy fast internet speeds from the service provider can now opt for 5G instead, provided they have coverage within their respective areas. The service provider has unveiled 5G Wi-Fi which is pegged on 5G technology to connect customers to a high-speed and reliable internet.

Even though Safaricom has rolled out this service, there remains caveats and snags that will prevent anyone interested to subscribe to the network. To start with, 5G coverage is still limited to specific areas within various towns; for example, while the technology has been rolled out within Westlands in Nairobi, it’s currently only available around Safaricom’s HQ which does not qualify people within westlands area near Naivas or the Mall. But if your area is covered (confirm from Safaricom’s website), then 5G might be just what you need to enjoy fast internet speeds.

5G Wi-Fi packages start from Ksh 3,499 for 10Mbps to Ksh 14,999 for 100Mbps. Something to note, each package comes with a throttle volume; meaning, your speeds will be throttled for the rest of the month once you’ve exhausted the package throttle volume – kind of the way fair usage policy works.

Safaricom’s 5G Wi-Fi Packages

10 MBPS40 MBPS100 MBPS
300GB Volume500GB Volume1000GB Volume
Throttle speed (1MBPs)Throttle speed (3MBPs)Throttle speed (3MBPs)
Throttle Volume (300GB)Throttle Volume (1000GB)Throttle Volume (1000GB)
Ksh 3,499Ksh 5,999Ksh 14,999
Valid for 30 days (Inc. Tax)Valid for 30 days (Inc. Tax)Valid for 30 days (Inc. Tax)

Additionally, you’ll need to purchase a 5G router from Safaricom at Ksh 25,000 including a one-off setup fee of Ksh 5,000. Assuming you want to subscribe to the lowest package, you’ll need a total of Ksh 33,499 which by far very expensive to the average Kenyan and well above what you need to connect to available fibre internet providers such as Zuku and Faiba.

How to get connected to Safaricom’s 5G WiFi home internet

  • On your phone, dial *400#
  • Then select 5G Wi-Fi
  • You can then access available 5G Wi-Fi plans, check account status, renew plan, upgrade/downgrade plan, know about 5G Wi-Fi and so forth.
  • You can check coverage and request a call back at https://internet.safaricom.co.ke/

How to keep your Safaricom line active for up to two years without using it via Daima service

While Safaricom remains to be the leading mobile service provider in the country, it has remained impacted by a ton of issues that customers often wished there was a workaround. Customers especially those travelling abroad for various reasons have had challenges keeping their lines active while they are in the diaspora owing to the requirements for them to consume at least one of the services provided by the service provider to be considered active. This problem is at least for now solved, somehow. You do not need to keep recharging airtime and using your line every other month for you to be considered an active subscriber, thanks to the “Daima” service.

Safaricom’s Daima service now enables customers to keep their lines active for as long as two years without requiring frequent airtime top-ups. This service is not necessarily reserved for those travelling abroad even though they stand to benefit most, but also certain circumstances such as a demise of a loved one. Just after the service was unveiled, several Kenyans turned on various social media platforms lamenting just how phone numbers of their loved ones were issued to other customers a few months after their demise. Daima will not only control how long Kenyans can decide to keep contact details of departed ones live, but also control on what happens next.

According to Safaricom, Daima service stands to address concerns faced by people travelling abroad for longer periods of time, those going away to school as well as in certain careers such as military and police during training. They’ll now have a chance to keep their service active for a period ranging from 6 months to 2 years without having to top up. Additionally, people with multiple lines who want to keep them active can as well use this feature and forget about the need to top up every now and then.

As per the Communications Authority regulations, a customer needs to have used a provider’s service within the previous 90 days to be considered as active. Telecommunication operators are required to reissue inactive customer lines. Additionally, services such as car tracking can also utilize this service without facing the 90days snag.

Daima (keep line active) packages

The service will offer three packages starting from KSh. 200 for 6 months, KSh. 500 for 1 year, and KSh. 1,000 for 2 years. Each of these options entitles a customer to 20 minutes calling time and 20 SMS across all networks every month.

How to access Safaricom’s Daima service

  • On your phone, Dial *100*4#
  • Then select Daima (keep line active)
  • And then follow prompts
  • You can also access through the MySafaricom App

N/B: This service is only available to prepaid customers, it’s yet to be known whether postpaid customers will be considered at some point.