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Crypto Latest: BudBlockz (BLUNT), Avalanche & Neo Updates

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New and experienced crypto enthusiasts who regularly follow the latest industry news will have seen BudBlockz, Avalanche, and Neo dominate headlines in recent months. However, the notoriously volatile landscape can see prices and prospects change in very short periods of time. Therefore, keeping abreast of the latest updates is essential.

The following info can help investors who have considered buying – or selling – Budblockz (BLUNT), Avalanche (AVAX), and NEO make calculated decisions regarding their next steps.

BudBluckz (BLUNT) update: its pre-sale is thriving

Most crypto enthusiasts will have seen at least one analyst predict that BudBlockz will be a late candidate for the best token of 2022. While the BLUNT token is still yet to be officially released on the Uniswap platform, it is already growing very nicely thanks to its incredibly successful pre-sale phase.

Having initially opened as a private sale with tokens available at $0.015 before the allocation of 26,880,000 sold out, the BudBlockz pre-sale has now progressed to stage two. With over 38,000,000 tokens already sold to tens of thousands of investors, the price has already climbed to $0.026. A near 50% ROI for early investors is anticipated to only signal the start for a digital token that has already taken the marijuana industry by storm.

With the legalized marijuana sector growing at a phenomenal rate, the native coin of the BudBlockz platform looks certain to continue its success after its official launch. The capabilities of NFT-backed assets and fractional ownership ensure that BLUNT remains a key feature for businesses, investors, and consumers of both digital and real-world marijuana products. The fuse has already been lit and the price of BudBlockz looks to be on the path to an incredible explosion.

Avalanche (AVAX) update: AVAX joins the OpenSea

Like many cryptos that saw their price soar in 2021, AVAX has fallen in 2022 (from just over $100 to around $14) but it remains over four times the price it was at in January 2021. Moreover, it has retained its rank within the top 20 digital tokens on the market. Following the recent news that it is now available on the OpenSea NFT marketplace suggests that significant growth could follow before the end of the year.

AVAX becomes the seventh blockchain to be included on the OpenSea platform with over 10 native NFT projects confirmed. There are hopes that the added exposure can see AVAX projects break the top 100 NFT projects at some stage. If this does happen, the AVAX token could coattail that success to see a significant boost.

NEO update: fluctuating price opens door of opportunity

Just one week ago, NEO enjoyed a short-lived bull run that saw it surpass $8.70 for the second time within one month. While it has since dropped to below $7.50, a recovery to $7.60 suggests that it is moving in the right direction once more. In fact, price predictions have suggested it could climb to an average of $32 in 2023 before touching $40 in 2024.

Anyone who has traded NEO in the past five years may have seen lows of $0.11 and highs of over $187. Even in the past 12 months, the price has been over $120 but often sits far lower. With its current price sitting at nearly the lowest it has been in two years yet currently moving in the right direction, many investors will be looking for a low-volume purchase.

 

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/

Presale Registration:: https://app.budblockz.io/sign-up

Telegram Group: https://t.me/BudBlockz

Discord Server: https://discord.gg/s7hBFgvTmN

All BudBlockz Links: https://linktr.ee/budblockz

US Pledges Support of $1million to Cushion the Effects of Flooding on Affected Nigerians

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The United States has pledged $1million in relief fund to Nigeria to cushion the effects of the ongoing flooding on affected households and regions in the country as part of its humanitarian assistance to flood-ravaged regions.

The world power has made the commitment through the US Agency for International Development USAID to provide emergency shelter assistance, relief commodities, and hygiene kits to promote safe and healthy practices amid the ongoing cholera outbreak, and multipurpose cash assistance for people impacted by the devastating floods.

According to a statement from the U.S ambassador to Nigeria, Mary Leonard, the US regrets the effects of the unusual rainfall and will not renege on its obligation of providing humanitarian assistance across flood-ravaged areas. The statement goes thus:

“We are filled with grief for the flood victims who have lost so much – livelihoods, homes, and even loved ones.

“The United States continues to stand with the people of Nigeria during this extremely difficult time

“The unusually heavy rainfall and resulting flooding have affected nearly 2.8 million people across the country. In addition, many homes have been damaged or destroyed, displacing millions of people.

“The floods have exacerbated an already critical humanitarian situation in Nigeria, where ongoing conflict, especially in the northern region, has driven millions of people from their homes. In the same region, more than 4 million people are projected to continue experiencing acute food insecurity amid the worsening global food crisis. We are also concerned that standing floodwaters could increase the risk of cholera and other waterborne diseases in Adamawa, Borno, and Yobe states, where cholera outbreaks were declared in August and September and at least 7,750 cases were recorded. In 2022, 31 out of 36 states reported cholera cases.

“The $1 million in new USAID support will allow local partners on the ground to provide emergency shelter assistance, relief commodities, and hygiene kits to promote safe and healthy practices amid the ongoing cholera outbreak, and multipurpose cash assistance for people impacted by the devastating floods.”

 

Join Tekedia Capital and Get the Best of Nigeria Start-up Act

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The Nigeria Start-up Bill is now law. Yes, the Nigeria Start-up Act is here. Tekedia Capital will be with innovators, builders and investors, to build and deepen that fertile ecosystem of innovation. At Tekedia Capital, we have amazing farmland to grow and nurture unicorns (a special type of startups with valuations of at least $1 billion).

We invite you to visit Tekedia Capital and explore how we can work together to  make that Act to live up to its lofty promises. We have an active cycle going on now; you are invited here to join.

You can read about the ACT here.

10 IMPORTANT AREAS THAT THE START UP ACT 2022 COVERS:

  1. Special certification for startups.
  2. Seed Fund for Startups.
  3. Tax Incentives.
  4. A Bridge between Regulatory bodies & Startups.( CAC, NCC, NOTAP, SEC, CBN, NEL, TRADEMARK, PATENT AND DESIGN REGISTRIES).
  5. Incubation Programmes.
  6. Legal Framework.
  7. Institutional Framework ( National Council for Digital Innovation and Entrepreneurship).
  8. Training Program for Talents.
  9. Tech friendly environment.
  10. Strategic Positioning of the Nigerian startup Ecosystem

Flooding Still a Problem in Nigeria Despite Over N1trn Emergency Management Allocations: Presidency Charges Governors On Accountability

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Flooding has become a perennial problem in Nigeria and has taken a major toll on the nation’s economy. This year, several hundreds of death cases including mass destruction of property and displacement of persons have been recorded in the country due to flooding.

Though the effect has been unprecedented, the occurrence of flooding this year has not been unexpected. Earlier this year, the National Emergency Management Agency had predicted that not less than 22 out of 36 states in Nigeria including the federal capital, Abuja would be affected by flooding this year. How the Government has been able to respond to the crisis still leaves much to be desired.

Therefore, many indigenes of the mostly affected regions, especially Benue and Kogi states in the North-Central as well as Bayelsa, Rivers and Delta in the South-South have vehemently hounded the Federal Government for its tardiness in extending palliatives and relief materials to victims of floods forced out of their homes and left without shelter, food and potable water.

In response to the above, the Presidency has stated that over one trillion Naira has been allocated to all states from the Ecological Fund to tackle floods and other ecological problems, and it has challenged state and regional governments to give account of how they’ve been able to use disaster-management funds which have been allocated to them in the last three years.

The Federal Government in a statement it released on Wednesday has also said that contrary to popular belief, the release of water from the Lagdo Dam in Cameroon was not responsible for the large-scale flooding in Nigeria.

According to a news report by the Vanguard, roughly N1 trillion, that is 2.2 per cent of the total budget for 2018, 2019 and 2023 was budgeted for ecological and disaster management. In 2018, 2.2 per cent of the estimated of N9.120 trillion budget, amounting to N198 billion was set aside for the Ecological Fund; in 2019, the 2.2 per cent amount of the budget of N132 billion was allocated for the Fund, while in 2023, 2.2 per cent of the N21 trillion budget indicated  N462 billion allocation for Ecological Fund.

The report shows that a search of the website of the Ecological Fund Office for details of accruals and monthly/ quarterly releases to states and federal agencies did not yield the desired results. Similarly, a search of the budget implementation report leaves much to be desired.

“The House of Representatives had since June, launched a probe into the utilization of the fund for the past 10 years. This is not the first time such a probe is taking place in the National Assembly” the Vanguard stated.

The Presidency has therefore expressed indignation over how public attention has consistently been on the Federal Government instead of the states and regional governments that have received the chunk of the ecological funds set aside for disaster management.

The Presidency also reiterated the need for state governors to own the responsibilities of their offices by responding to the needs of their citizens in the face of growing floods and other ecologically-related disasters.

The world of NFTs: A Chronocatz or an Invisible Friend

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The utility of art has been a popular topic in the NFT universe. Numerous new collections are being seen in the non-fungible token investing market, but many lack much of a connection to the actual world. However, certain collections such Chronocatz and Invisible Friends are working to remedy this.

The Invisible Friends project was introduced in February 2022 and has already gathered a substantial Twitter and Discord following. On the first day of launch, the project established a floor price of 12 ETH. Invisible Friends is an animated PFP group of invisible people, as its name suggests. The Chronocatz project was created by the decentralized luxury watch trading platform, Chronoly. Both projects endeavour to bring something fresh to investors’ portfolios.

>>Mint NFT Now<<

Invisible Friends Seeks to Collaborate With the Real-World

Digital artist and animator Markus Magnusson is the creator of this 5,000-piece collection. His Instagram handle, motionmarkus, may be more familiar to animation enthusiasts. His slick, tidy animation style has won him hundreds of thousands of fans on Instagram. The Swedish animator wanted to practice his skills with a well-planned and performed NFT project that showcased his unique aesthetic.

In this NFT project, invisible individuals are equipped with every conceivable item, such as everyday apparel, fishing equipment, skateboards, invisible animals, and scientific equipment. Each work of art has its own unique characteristics. In order to connect to the real world, Kith, a clothing company, and the Invisible Friends project are planning on working together. Each NFT in the collection would have a trait that is associated with a piece of apparel, and this is what will set each out.

More than just brand-new NFTs will be provided to holders thanks to the partnership with Kith. The winning bids for this future batch of unique NFTs will also include actual replicas of the clothing that their purchased Invisible Friend is donning, which will be available only to owners of the NFTs.

Chronocatz: A Real-World Value Potential

Chronocatz is a brand-new launch of 7,777 NFTs. The new collection was created by the decentralized luxury watch trading platform Chronoly (CRNO). Chronoly, which aims to connect NFTs to physical assets, has been successful in attracting serious investors who are interested in getting access to the limited-edition NFT drops of luxury watches.

The most distinguishing characteristics of each Chronocatz are the high-end watches they are all sporting. The type of watch worn will determine how rare the NFT is, and grants holders a tier from 1-6. As well as this, holders get entry to the exclusive members-only club, the Chrono Wealth Club (CWC). Members of the club will have access to exclusive watch drops, increased staking yields, and private auctions depending on their tier. It is a wonderful time to get in on the project as the public mint is live and will end in less than 18 days.

While Invisible Friends seeks to add real-world value through clothing apparel, Chronocatz does so with luxury watch investments.

For more information about Chronocatz.io

Website: https://chronocatz.io/

Telegram: https://linktr.ee/chronolyio

Twitter: https://twitter.com/Chronolyio