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This is A Good Thing
Publications
- Lens Network 🥷
- We're proud to support creatives ✨ with a 1M $BONSAI 🌳 grant for @lens/p00ls to kickstart the creator token supercycle 🌊
Stay tuned for more info 🦾
- As summer awakens, as a community so do we, embracing renewal and connecting with our core.
Starting by refreshing our brand identity, more exciting changes are coming 🌸🌿
- Start your (virtual) engines 🏁
To celebrate the announcement of the Lens Network, Speed Tracer launched a new track and integrated a Lens Leaderboard!
<https://www.speedtracer.xyz/127>
Comment your scores below 👇
- Introducing Lens Network. Bringing one billion users to Ethereum.
Our mission is to create an open and fair social network for all. No restrictions. A place where everyone can connect, participate, and build. We believe that digital social spaces will drive Ethereum's mainstream adoption.
We are making a big bet to scale Lens with Validiums and Volitions on Ethereum, leveraging @lens/zksync’s stack to achieve mainstream scale for the social network.
Read more on @lens/t2world: <https://app.t2.world/article/clw6l2z0018727620mc1dq26xr2>
We have opened a LIP discussion for community feedback: <https://github.com/lens-protocol/LIPs/pull/54>
- To commemorate the milestone with @lens/lens, we collaborated with Nic Hamilton on this special artwork.
Mint it for free on @lens/orb!
- 48 hours left to collect the Genesis Post!
It's the only @lens/bonsai post not collectable with $BONSAI ☝️
- We reached 10000+ followers on @lens/lens 🥳🥳🥳
Collecting is free for our followers, as a "thank you" 🤗
- Collecting with $BONSAI on @lens/bloomerstv 📹 !
Make your own streams collectable or contribute to other channels - with @bonsai !
Collecting this post: 100 $BONSAI - 30 days - 100% to mirrors
Tips: go to @lens/bloomerstv 🤝
- Introducing $LENNY Coin On Polygon Network
Upcoming Lenny Airdrop For Lens Profile Holders
No Affiliation With Anyone , A Community Driven Memecoin On Lens Protocol For Creators , Collectors And Active Users Contributing On Lens Protocol
Stay Tuned For More Updates And Reward Details
Comment "LENNY" Below For 🎁🍀
- **Opening the garden**
art by @lens/notgonnamakeit
Limited Collect for 1 MATIC
80% going to the artist, and 20% going to @lens/creators to collect and tip more creators on Lens.
- sqguBUo5IGx-swbKv9BsrB1vcs8Ztox4jhSG6zR-JSetNh1SjEKVB_XUyhX5jiNp
- Receipts 👏 Proof 👏 Timeline👏 Screenshots 👏Tx hash
- The future of finance is onchain, and the world’s value is being tokenized.
The tokenized #RWA market opportunity: https://blog.chain.link/real-world-assets-rwas-explained/
- Artist: Neutral Trip
Track name: On My Mind
Genre: Melodic House
2 WMATIC, 99 editions, 35% referral fee
- Last chance at @lens/ethglobal İstanbul to mint your @lens/fini
- Annnd here we go 😁/ watercolor art work.🤗
This is me with my frens.
Photo by my man: Reza
Art by: me
Location: Naeen/Iran
- 🍂 Autumn and Aston Martin 🇬🇧
- `Foto a Day #102 - V2 Edition`
Repurposing Skeletons of the Past 🐦⬛🎨
1/1 #FotoRaws
- Piece of art! 😍
- Hello lensverse people 😍
Playing with lovely autumn features.
Have fun 😊.
- I just minted https://lenster.xyz/u/kingsol.lens #lens
- GameSwift 🎮 on Twitter: "Just in! $GSWIFT IDO on @Spartadex_io is over in just... 48 seconds! Congratulations to all who secured their allocation! Next stop → July 21: TGE + Listing on @Bybit_Official https://t.co/Axp1FcpFp5" / Twitter
- **A thread on the latest web3 gaming updates!**
Stay in the loop with our weekly review where we unpack recent game developments!
Let's take a swift look through the news!
- **GameSwift** is doing everything correctly.
- Airdrop for early supporters incoming.
- Fair ido at a reasonable valuation.
- Real Yield (rev share) to token holders
You can’t get more aligned with your community than this.
- **GameSwift** is the only web3 gaming platform & blockchain with all the components needed for a smooth web3 experience.
On top of that they are also giving revenue share to token holders.
This is recipe for success
https://gameswift.io/
- A time machine is a concept often found in science fiction that refers to a hypothetical device or mechanism capable of transporting a person or object through time. The idea of a time machine has captivated the human imagination for centuries and has been popularized in various works of literature, films, and television shows.
In fiction, time machines are typically depicted as devices that allow individuals to travel to the past or the future, experiencing different time periods firsthand. The mechanics and principles behind time machines vary in different narratives. Some stories propose advanced technologies, such as wormholes or manipulation of spacetime, while others involve magical or supernatural means.
The concept of a time machine raises intriguing questions and paradoxes, such as the grandfather paradox (what happens if you travel back in time and prevent your own birth?) and the bootstrap paradox (what if you bring an object from the future and give it to your past self?). These paradoxes explore the complexities and philosophical implications of time travel.
As of my knowledge cutoff in September 2021, time machines are purely speculative and do not exist in reality. Time travel is a subject of scientific research and theoretical exploration, mainly in the field of theoretical physics, particularly through Einstein's theory of relativity. However, practical time travel remains a topic of ongoing scientific debate and has not been realized or proven to be feasible.
- Teleportation refers to the hypothetical or fictional ability to instantaneously move an object or person from one location to another, without physically traversing the space in between. It is often depicted in science fiction and fantasy literature, movies, and other forms of media.
In popular culture, teleportation is typically portrayed as a method of transportation where individuals or objects disappear from one place and reappear in another instantaneously. The exact mechanics and limitations of teleportation vary depending on the fictional universe or concept being portrayed. Some portrayals involve the conversion of matter into energy, transmission through a different dimension, or manipulation of space-time.
It's important to note that as of my knowledge cutoff in September 2021, teleportation is purely speculative and does not exist in the real world. The concept remains in the realm of imagination and scientific speculation, although scientific research in areas such as quantum physics continues to explore phenomena that might have implications for teleportation-like effects in the future.
- Joy is a positive and intense emotion characterized by feelings of happiness, delight, and contentment. It is a state of well-being and inner satisfaction that arises from various sources such as achieving a goal, experiencing success, engaging in activities that bring pleasure, or being in the presence of loved ones. Joy is often associated with a sense of exuberance, enthusiasm, and a positive outlook on life.
Unlike fleeting moments of happiness, joy is often described as a deeper and more profound emotional experience. It can be both a spontaneous reaction to an event or a cultivated state of mind and can endure for longer periods of time. Joy can also be contagious, spreading to others and enhancing social connections.
Joy is a complex emotion that involves a combination of physiological, cognitive, and social factors. Neurologically, joy is associated with the release of certain neurotransmitters, such as dopamine and serotonin, which contribute to feelings of pleasure and well-being. Cognitively, joy is influenced by our thoughts, perceptions, and interpretations of the world around us. Socially, joy can be influenced by our relationships, interactions, and a sense of belonging.
Overall, joy is a positive and uplifting emotion that brings a sense of fulfillment, satisfaction, and overall well-being to individuals. It can contribute to a more optimistic and resilient mindset, fostering personal growth and enhancing the overall quality of life.
- The beauty of our world lies in its incredible diversity. Every culture, landscape, and individual possesses a unique beauty that adds to the rich tapestry of human experience. Embracing this diversity allows us to broaden our perspectives and appreciate the multitude of ways beauty manifests itself. By celebrating the distinctiveness of others, we cultivate a more inclusive and harmonious society.
Beauty's influence extends to our perception of ourselves. Society often imposes narrow standards of beauty, leading many to feel inadequate or self-conscious. However, embracing a more inclusive definition of beauty can empower individuals to appreciate their own unique qualities and foster self-acceptance. Recognizing that beauty comes in various forms allows us to cultivate a positive relationship with ourselves and others.
Beauty's enduring allure lies in its ability to transcend boundaries and connect us to something greater than ourselves. It encompasses both the external and internal, inspiring creativity, fostering connections, and instilling a sense of awe. By embracing the diversity of beauty and recognizing its profound impact, we can cultivate a more compassionate and inclusive world. Let us strive to appreciate and celebrate beauty in all its forms, for it holds the power to enrich our lives and leave an indelible mark on our souls.
- Beauty is a concept that has captivated human minds since time immemorial. It possesses an elusive nature that has intrigued philosophers, artists, and scholars alike. Although its definition may vary across cultures and individuals, beauty undeniably holds a profound influence on our perceptions and experiences. This essay delves into the essence of beauty, exploring its multifaceted nature and the lasting impact it has on our lives.
Beauty is often associated with visual attractiveness, captivating our senses with its harmony, elegance, and symmetry. Whether encountered in nature's breathtaking landscapes, exquisite works of art, or the allure of a person's face, beauty commands our attention and evokes a deep emotional response. Its ability to uplift our spirits and instill a sense of wonder is a testament to its inherent power.
While external appearances may initially capture our attention, true beauty extends far beyond the surface. Inner beauty, characterized by kindness, compassion, and authenticity, radiates from within and transcends the limitations of physicality. It fosters genuine connections and leaves a lasting impression on others. Inner beauty possesses the remarkable ability to age like fine wine, growing more profound and captivating with time.
Beauty has served as a wellspring of inspiration for artists, writers, musicians, and thinkers throughout history. From Shakespeare's sonnets to Monet's paintings and Beethoven's symphonies, the pursuit of beauty has fueled countless creative endeavors. It stimulates the imagination, provokes introspection, and ignites the human spirit to create works that transcend the limitations of our existence.
- See through our Lens
- Education is an essential aspect of human life. It plays a vital role in shaping individuals, societies, and nations. Education is not merely the acquisition of knowledge, but a transformative process that empowers individuals to think critically, make informed decisions, and contribute meaningfully to their communities. The importance of education cannot be overstated, as it serves as the foundation for personal growth, social progress, and economic development.
Firstly, education is crucial for personal development. Through education, individuals gain the necessary skills and knowledge to navigate the complexities of life. It equips them with the ability to read, write, and communicate effectively, which are fundamental skills in today's interconnected world. Education also nurtures critical thinking, problem-solving, and creativity, enabling individuals to adapt to changing circumstances and find innovative solutions. Moreover, education fosters personal values, ethical principles, and social responsibility, shaping individuals into well-rounded and responsible citizens.
Secondly, education is vital for social progress. It promotes social equality by providing equal opportunities for all individuals, regardless of their background or socioeconomic status. Education empowers marginalized groups, breaking the cycle of poverty and discrimination. It instills values of tolerance, empathy, and respect, fostering a harmonious and inclusive society. Furthermore, education plays a significant role in promoting social awareness and addressing pressing issues such as climate change, human rights, and gender equality. It encourages active citizenship and civic engagement, empowering individuals to participate in democratic processes and advocate for positive change.
Lastly, education is a driving force behind economic development. It equips individuals with the necessary skills and knowledge to enter the workforce and contribute to the economy. A well-educated workforce is more productive, innovative, and adaptable, leading to increased economic growth. Education also promotes entrepreneurship and fosters a culture of innovation, which is vital for technological advancements and economic competitiveness. Additionally, education enhances financial literacy and empowers individuals to make informed decisions about their finances, leading to economic stability and prosperity.
In conclusion, education is of paramount importance in today's world. It empowers individuals to reach their full potential, promotes social progress, and drives economic development. By investing in education, we invest in the future of individuals, societies, and nations. It is through education that we can overcome challenges, bridge divides, and create a brighter and more equitable world for all.
- As we extend our heartfelt greeting to the world, let us remember that we are interconnected beings, sharing a fragile planet. Let us celebrate our diversity, nurture compassion, and collaborate for a sustainable future. Through education, resilience, and hope, we can weave a tapestry of peace, understanding, and prosperity. Together, let us embark on this extraordinary journey, leaving no one behind, and forge a world where love, justice, and harmony prevail.
- Education serves as a catalyst for progress and enlightenment. It is through knowledge and understanding that we can dismantle ignorance, prejudice, and fear. As we greet the world, let us prioritize education for all, empowering individuals with the tools to shape their own destinies. By fostering a love for learning, critical thinking, and cultural exchange, we can pave the way for a more enlightened and tolerant society.
- The world has weathered storms throughout history, and it is our resilience that has propelled us forward. As we greet the world, let us embrace the spirit of resilience and hope. Let us celebrate the indomitable human spirit that triumphs over adversity, finding strength in unity. By supporting one another, extending a helping hand, and fostering a sense of global community, we can inspire positive change and create a brighter future.
- Compassion serves as a guiding light in our interactions with others. As we greet the world, let us recognize the inherent worth and dignity of every individual, irrespective of their nationality, race, religion, or gender. By cultivating empathy and understanding, we can bridge the gaps that divide us and foster a global community founded on love, kindness, and mutual support.
- The tapestry of our world is adorned with a rich palette of cultures, traditions, languages, and perspectives. Each thread adds depth and vibrancy to the overall fabric of humanity. Let us greet one another with open hearts, ready to learn from and appreciate the diverse backgrounds that shape our existence. By embracing diversity, we can foster an environment of inclusivity, where all voices are heard and respected.
- **GM!** As you wake up today, I want to take a moment to wish you a happy new day filled with joy, positivity, and success. Every new day brings with it the opportunity for a fresh start, a chance to learn and grow, and the potential to achieve your goals and dreams.
Each new day is a gift, a blank canvas waiting for you to paint your life upon it. You have the power to create a beautiful masterpiece with each passing day, filled with love, laughter, and the things that bring you true happiness.
Remember that every day is a new beginning, a chance to start anew. Whether you've had a difficult day yesterday or a fantastic one, today is a new opportunity to take control of your life and make the most of every moment. Believe in yourself, trust in your abilities, and take the necessary steps to achieve your dreams.
As you embark upon this new day, I encourage you to take a moment to appreciate the beauty that surrounds you. Take a deep breath, feel the sun on your face, and allow yourself to be grateful for all the blessings in your life. Focus on the positive things, and let go of any negativity that may be holding you back.
Remember that you are capable of achieving anything you set your mind to, and every new day brings with it new opportunities for growth and success. So embrace this new day with open arms, and make it the best one yet!
Once again, I wish you a happy new day, filled with love, joy, and everything that makes life worth living. Go out there and seize the day, and make it one to remember!
- **Luck** is a concept that has been widely debated by philosophers, psychologists, and scientists for centuries. While there is no universally accepted definition of luck, it is generally understood to refer to events that occur beyond our control and that can have either positive or negative outcomes.
From a psychological perspective, luck is often viewed as a cognitive bias that arises when people attribute outcomes to external factors rather than their own abilities or actions. This can lead to a sense of helplessness or fatalism, where people believe that their fate is determined by factors beyond their control.
However, luck can also have positive effects on people's attitudes and behaviors. For example, studies have shown that people who believe in luck tend to be more optimistic and open to new experiences, which can lead to greater success in their personal and professional lives.
From a scientific perspective, luck can be analyzed using statistical methods to determine the probability of certain events occurring by chance. Researchers have also studied the role of luck in various domains, such as sports, gambling, and investing, and have found that luck can play a significant role in these areas.
Overall, luck is a complex and multifaceted concept that can have both positive and negative effects on people's lives. While it is difficult to quantify or measure luck, understanding its role in our lives can help us make better decisions and achieve greater success in our personal and professional endeavors.
- Introducing Bonsai, an Optimistic L3 scaling solution, that will process transactions at hyper-scale, and is designed to support the next generation of web3 social users.
Available for Lens devs in closed beta today.
Data availability layers are utilized to prevent storing information on-chain. While content on Lens may include an on-chain transaction, the content data is linked to a data availability location, like Bonsai.
Bonsai serves as a scaling solution that processes Polygon transactions off-chain, achieving hyperscale and reducing costs. Unlike L2 solutions, Bonsai doesn't compress transactions into L1, it sends and stores them on a data availability layer.
The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks.
Bonsai makes the future of decentralized social possible.
We've worked relentlessly with the @bundlr-network.lens work and Arweave teams to ensure scalability by providing Data Availability (DA) guarantees, allowing the use of Ethereum Virtual Machine (EVM)-supported wallets to save DA logic and facilitating the rapid publishing of data.
Permissionless innovation is at the core of everything we do on Lens. As we approach one year on mainnet (still in beta), we have been blown away by the talent and passion in our dev community but we realize in order to scale to the masses, we need to build new solutions.
Bonsai is currently only being beta tested on @lensterxyz.
We look forward to seeing more applications roll out Bonsai.
Dive into the dev docs here: https://docs.lens.xyz/docs/data-availability-post
Explore: bonsai.lens.xyz
Read our latest blog here: https://mirror.xyz/lensprotocol.eth/3Hcl0dGE8AOYmnFolzqO6hJuueDHdsaCs3ols2ruc9E
- **BlackStar Seeks SEC Registration for On-Chain Stock Trading**
Delaware-based BlackStar Enterprise Group has made an innovative move towards conducting over-the-counter (OTC) stock trading on-chain, seeking registration with the United States Securities and Exchange Commission (SEC). This represents a significant breakthrough in the adoption of blockchain technology in the traditional finance space.
The development of the platform started in 2018 and since then, the company has been working tirelessly towards the goal of integrating blockchain technology with the traditional stock market. BlackStar has been in communication with regulators and examiners over the past two years, answering dozens of questions and comments to ensure compliance with SEC regulations.
After years of research and development, the company has taken a big step forward by presenting a detailed plan to the SEC Trading and Market division. This plan outlines how its platforms will operate, and seeks regulatory approval for carrying out OTC trading on-chain.
By carrying out OTC trading on-chain, BlackStar aims to reduce the need for intermediaries and make trading more efficient and secure. The platform will leverage the transparency and immutability of blockchain technology, allowing investors to trade assets directly with each other in a trustless environment.
Moreover, BlackStar's platform could also provide the SEC with increased transparency and oversight of the trading process. The blockchain's ability to create an immutable record of transactions could assist the SEC in identifying market manipulations, insider trading, and other fraudulent activities.
BlackStar's initiative has the potential to revolutionize the traditional finance industry, creating a more secure, efficient, and transparent environment for investors. However, the integration of blockchain technology with the traditional finance space poses regulatory challenges, and it will be interesting to see how the SEC responds to BlackStar's registration request.
In conclusion, BlackStar Enterprise Group's move to conduct on-chain OTC trading is a significant development for the adoption of blockchain technology in the traditional finance space. The company's dedication to regulatory compliance and innovation is commendable, and its initiative has the potential to revolutionize the way we conduct financial transactions.
- **US House Committee to Discuss Stablecoins Regulation**
The US House Committee on Financial Services will conduct a hearing on April 19 to evaluate the role of stablecoins as a means of payment and determine whether the payment ecosystem needs supporting legislation. The hearing, titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” will focus on various stablecoins and their use in the payments landscape. The committee will explore the need for stablecoin legislation based on their underlying collateral structures.
The hearing will include information collected by various federal government agencies over the last year. Participants testifying at the hearing include Circle’s chief strategy officer and head of global policy, Dante Disparte. Circle's in-house stablecoin offering, USD Coin (USDC), will likely be discussed, as it recently depegged from the US dollar after it revealed it had $3.3 billion of funds stuck at the collapsed Silicon Valley Bank (SVB). However, following a bailout of SVB depositors by the US government, USDC repegged its value to the US dollar.
During the period when USDC depegged, hackers managed to gain access to Disparte’s Twitter account and started promoting fake loyalty rewards to long-time users of USDC. This situation highlights the potential risks of stablecoins and underscores the importance of legislation to ensure digital dollars on the internet are safely issued, backed, and operated.
Just days before the upcoming hearing, a draft bill providing a framework for stablecoins in the United States was published in the House of Representatives document repository. Speaking about the draft bill, Circle’s CEO Jeremy Allaire said, “There is clearly the need for deep, bi-partisan support for laws that ensure that digital dollars on the internet are safely issued, backed and operated.“
The draft bill proposes that stablecoin issuers must obtain a banking charter and comply with all applicable banking regulations. The bill also seeks to define what constitutes a stablecoin and outlines the requirements for maintaining a stablecoin's peg to an underlying asset. If passed, this bill could provide regulatory clarity and stability for the stablecoin industry.
In conclusion, the upcoming hearing on stablecoins is an essential step toward ensuring the safety and stability of the payment ecosystem. The hearing will provide lawmakers with the necessary information to make informed decisions about the need for stablecoin legislation. The recent draft bill provides a framework for stablecoins in the United States and could provide regulatory clarity for the stablecoin industry if passed. As the use of stablecoins continues to grow, it is crucial to have clear regulations to ensure the protection of consumers and the stability of the financial system.
- **Only 14% of African tech startup founders are women; here are the reasons and possible remedies**
A Startup Genome survey has revealed that only about 14% of African tech startups have female founders, demonstrating that women remain in the minority among tech company founders on the continent.
Between September 2016 and November 2022, the poll had 5,469 respondents from 67 global ecosystems. These respondents are technology startup founders; only 31% reported having at least one female founder, while the average female founders in an ecosystem are only 15%.
Continental breakdownBased on the report, there is no continent in the world where the percentage of female startup founders is closely proportionate to the statistics for the male counterpart. In Oceania, the overall percentage of female founders is 21.6%, which was heavily influenced by 43% of founders in Brisbane being female.The next is North America, with an average of 15.7%. This percentage was also influenced by the 31% of founders among the Chicago startups surveyed being women. Followed by Asia at 14.9%, even though its technological capabilities have expanded rapidly.According to a report by Financial Times, the Asia region’s global share of startup investment (including venture capital investment and initial public offerings) increased from only 16 per cent in 2006–08 to 40 per cent in 2017–19, accounting for 43 per cent of global growth.The next is the Sub-Saharan African region. The respondents indicated an average of 14%, with Cape Town being the highest in the region at 15.3%. MENA was the region with the lowest percentage of female founders, at just 10%.In Europe, the response was not any different. Munich reports had only 5.6% of female founders, and although Paris is a globally leading tech ecosystem overall, the average number of female founders indicated by the survey was just 8%. Elsewhere in Europe performed a little better — an average of 24% of founders in Dublin were women.
The numbers from Africa are not good or encouraging enough, and here are some of the causes for the low percentage of female tech startup founders.
Female tech startup founders are simply not enough
The African tech startup ecosystem appears to be one of the continent’s thriving sectors. This could be due to increased internet penetration, technology adoption, and the availability of VC investment financing. However, while it appears to be very promising for continental economic development, there is still the problem of gender imbalance and discrimination.
Photo Credit: Business Insider AfricaAccording to a 2022 African Tech Startups Funding report by Disrupt Africa, only 128 (20.2%) of the 633 funded African tech startups have at least one woman on their founding team, an increase from 121 in 2021, still a percentage drop from 21.5%. This, however, is for the African tech ecosystem only, but these numbers appear to be rather low compared to the rise of women entrepreneurs in the region.
More women are starting and running businesses than ever before. It is part of the economy where women continue to take an active role. Although, most female-led enterprises are small businesses with little opportunity for growth. But, the issue now is, how many of these entrepreneurs are focused on the technology sector?
According to the 2022 Global Entrepreneurship Monitor (GEM) report, almost half of women entrepreneurs surveyed worldwide are involved in the Wholesale/Retail sector, and one in five women entrepreneurs in the Government and Social Services sector (18.5% women compared to the 10.1% men).
However, only 2.7% of women, compared to 4.7% of men, are starting businesses in Information, Computers, and Technology (ICT), the sector that draws the majority of venture capital dollars worldwide.
Some African tech female founders. Photo Credit: Tech Funding NewsGender digital gap, stereotypes, and misogyny
As much as we would like to ignore it, it is one of the main reasons for the lack of female startup founders. With the societal culture and claims on the female gender, most women are intimidated by the male gender, particularly in sectors in which males dominate.
This appears to impact their perception of business owners in that sector significantly. Because it is a male-dominated environment, there have been instances and cases of harassment and gender discrimination, which may cause women to prioritize their safety over their job advancement.Also, there is a gender digital gap in Sub-Saharan Africa. According to a 2023 report by World Bank, the region has the widest gender gap in mobile internet users globally, a 37% gender gap. This reason and low female digital/financial literacy hinder women from having quality access to digital training.Reduced funding opportunities
There is seemingly an unequal playing field between male and female founders who obtain funding. When it comes to attracting venture capital funding, female founders confront a more difficult battle than men.
According to an International Labour Organization report, males raise nearly 50 times more venture capital (VC) than women, with men accounting for 93% of VCs. This clearly demonstrates the significant imbalance in the VC funding industry, with women at a greater risk because some investors may invest in their startups at a disadvantage, limiting their ability to innovate in the tech sector.Also, a joint study by the World Bank’s Africa Gender Innovation Lab (GIL) and Briter Bridges explained that only a small portion of total investment is in African technology (tech) companies. According to an analysis of start-up financing deals since 2013, only 3% of the funding went to all-female founding teams, while 76% went to all-male teams.Lack of confidence
With all these other issues raised, women seeking to break into the tech sector are weakened and lose confidence before attempting to do so. Most women have an inherent lack of self-esteem. This influences their perception of company ownership.
In Africa, where societal culture has ‘taught’ women their place, stepping into leadership and ownership roles places them on a precipice. They feel like they are on a scale balanced by their power on one side and the fear of failure on the other.
While the room is big enough to explore in the male-dominated tech space, all of these issues create a barrier wall for women who prefer not to try for fear of failure despite having to work twice as hard as men to stay relevant.
Speaking with Alisha Golden, an Investment Manager at Techstars, she said
*The conundrum for African women founders in tech lies here. Most likely, the qualities expected to be “successful” in personal relationships, i.e. family, home, tribe, relationships, marriage, etc., are the same qualities that are in stark opposition to the ones needed to thrive as a leader and venture builder.*
Another female founder who has grown her business in the health tech sector in Nigeria said, *People want to do business with people that look like them; that might be why many women do not have that fundraising opportunity, regardless of their efforts.*
**Read Also: 5 VC firms investing in early-stage African tech companies**
The way forwardPhoto Credit: Ventures Africa**More funding:** Investors will most likely need to drive this diversity shift by investing more in African women and, more significantly, female entrepreneurs in general. A report by The Big Deal shows that investors play a huge role in closing these gaps.
According to the report, female-led start-ups in Africa raised $188m (4%) in 2022, while male-led ventures raised $4.6bn (96%). This shows 25 times less funding invested in female-led start-ups in 2022 than in their male-led counterparts.
**Mentoring:** A certain kind of positive perception comes with representation in society. Based on the very low percentage, it obviously shows that women have been underrepresented in tech for years, So there is a need for mentoring and support network programs to advance women in tech.
The 14% of African female tech founders who have experienced challenges in their journey and overcame them should be willing to share their knowledge and expertise with others. This will help provide guidance, support, and encouragement to women, giving aspiring female founders a boost to succeed in their careers.
**Educational opportunities:** Closing the gender digital divide may seem impossible, but it is doable. Parity is within reach by increasing women and girls’ connectivity, making digital tools more available and affordable, and providing them with the skills they need to lead and succeed.
The advancement of ICT can influence and improve women’s digital standing in society. This, in turn, will broaden their minds to various opportunities in the tech industry and help them understand that they can succeed in the industry and contribute by providing tech-enabled solutions to societal problems.
Alisha Golden says, “*All in all, there are three key areas for growth to gain parity in the foundership of African tech startups. One, policy needs to reflect the world we want to see. Women need to have agency legally to rise, and this encompasses a wide range of subject areas like equal pay etc.”*
*Two, we as a society have to create space and allow for the agency of women leaders in our communities, households, and workplaces. We need to encourage both women and girls that the qualities that will make them great leaders will not isolate them in the groups they are anchored in; culture, community, and family.*
*And lastly, we need more women partners and key decision-makers at venture firms (in addition to male allies committed to this same cause) who can lead and advocate for deals that propel women tech founders.*
- **NFTs Get Security Boost with New Warranty Service**
The rise of Web3 has led to an explosion in the popularity of nonfungible tokens (NFTs), which offer unique ownership of digital assets, including art, music, and even tweets. However, the Web3 space has seen its fair share of exploits, with hackers exploiting more than $320 million in the first quarter of 2023 alone. As a result, securing digital assets has become a top priority for many users, particularly those considering joining the Web3 space.
To address this security gap, Wert and Avata have launched a new NFT warranty service. The opt-in service will provide coverage for up to 90% of the value of compromised digital assets in a smart contract hack, offering a sense of security and trust for both active and prospective collectors. The service will be available on nearly 80 digital asset marketplaces, including the KnownOrigin NFT marketplace.
According to Vano Basiladze, CEO of Wert, the NFT protection will be charged at 6% of the asset cost at checkout, with coverage calculated by the purchase price rather than the current market value. By offering a service that ensures some degree of protection against hacks and theft, Basiladze believes that mass adoption of NFTs and Web3 technologies in general will be perpetuated.
“Overall, any consumer looking to get into the NFT space wants to protect their money invested, and by offering them that sense of security, they are able to engage in Web3 on a deeper level with reduced risk,” Basiladze said.
Basiladze also noted that high-value NFTs, similar to traditional collectibles and art, are often bought by serious investors who are more worried about security than the average collector. By offering warranties, the NFT industry can become more open to professional collectors and investors.
The NFT market has exploded in recent years, with some projections estimating that NFT-related global transactions will skyrocket from 24 million in 2022 to nearly 40 million by 2027. In fact, a recent study from CoinGecko revealed that 25% of NFT owners have a collection of 51 digital assets or more. As such, the need for increased security and protection of digital assets is more important than ever.
In conclusion, the launch of Wert and Avata’s NFT warranty service represents a significant step forward for NFT security. By reducing the risk for both active and prospective collectors, the offering aims to encourage mass adoption of NFTs and Web3 technologies. With the NFT market continuing to grow, the need for increased security measures is paramount, and this warranty service is a welcome addition to the ecosystem.
- **ApeCoin Experiences Sharp Price Surge on South Korean Exchange**
On April 12, the price of ApeCoin (APE), which is an ERC-20 token that was produced by Yuga Labs, had a large spike, reaching $90.00 per token on the cryptocurrency exchange that is known as Upbit and which is based in South Korea. The price surge was just a brief phenomenon, however, and was followed by a sharp collapse that wiped out the bulk of the profits. In spite of this fact, APE is still trading at a significant premium of around $4.50 above other exchanges, with each token going for $10.90 at the time this article was published.
It would seem that a retail mania and a limitation of viable trading routes on Upbit were the primary factors that led to the price increase that took place. At the present, the only trading pair for APE that is listed on the exchange is BTC/APE, which only accounts for a minuscule portion of the coin's overall trading activity. Other trading pairs for APE are expected to be added in the near future. During the course of the day, transactions involving around 4 million APE tokens took place. This is in comparison to the total amount of APE tokens now in circulation, which is 369 million.
However, it's probable that the rise didn't continue very long since Upbit places trading limitations on its users' accounts. On the same day, the exchange put a hold on deposits and withdrawals of Ether (ETH) and ERC-20 tokens as they awaited the completion of the Ethereum network's Shanghai upgrade. These actions were carried out in advance of the forthcoming hard fork. Users of Upbit were unable to convert their APE, which is an ERC-20 token and is regarded as a memecoin by some people, into other ERC-20 tokens such as Tether (USDT) and ETH by selling or purchasing APE in exchange for those tokens. APE is a memecoin and is believed to be a cryptocurrency by some individuals. As a consequence of this fact, the one and only option that was still available was to exchange Bitcoin (BTC) for Australian Dollars (BTC/USD).
Since the price increase, cryptocurrency price aggregators like CoinMarketCap have labeled the APE pricing on Upbit as a "outlier" when computing the aggregate prices of cryptocurrencies. This is due to the fact that Upbit's prices are much lower than those of the competition in the market. Since the price increase on Upbit was not mirrored on any other exchanges, this may imply that it was an isolated event that occurred just on Upbit. Nevertheless, this occurrence highlights the potential for sudden price volatility in cryptocurrency markets, as well as the effect trading restrictions may have on the value of cryptocurrencies.
- **BTC Mining Report Draws Criticism**
The New York Times' recent report on Bitcoin mining, "The Real-World Costs of the Digital Race for Bitcoin," has been met with criticism from BTC proponents. The article claims that Bitcoin mining has a "voracious" appetite and uses as much energy as all residences in New York City. However, some analysts have pointed out that the article cherry-picks data and neglects the increasing use of renewable energy in the mining sector.
Bitcoin environmental, social, and governance (ESG) analyst, Daniel Batten, said that the article exaggerates the fossil fuel use of BTC miners and uses incomplete datasets to support its thesis. He also noted that some Bitcoin miners in the United States and Canada use 90% sustainable energy to fuel their mining activities, but the NYT article focuses on the sites least backed by renewable energy.
Bitcoin proponent, Troy Cross, criticized the article for using "marginal emissions accounting" and selectively applying it only for carbon emissions, not generation. Dennis Porter, CEO of the Satoshi Act Fund, also noted an error in the article's initial reporting, where the wrong town was named for a BTC mining facility in Texas.
BTC mining firm Riot's vice president of research, Pierre Rochard, accused the NYT of using "fictitious fractional-reserve carbon accounting" and "cooking the books to fabricate emissions." Meanwhile, another Twitter user believed that the article was fear-mongering.
Despite the debate on Bitcoin mining's energy consumption, it remains significant for the blockchain. Mining is used to verify transactions, make it decentralized, and add a layer of security. According to the Bitcoin Mining Council's Q4 2022 report, the Bitcoin network is already a leader in sustainable energy use, with 58.9% of its energy coming from renewable sources.
While some mainstream outlets criticize Bitcoin mining for its environmental impact, many BTC proponents see these reports as hit pieces and offer opposing perspectives. Some are even campaigning to change Bitcoin's mining consensus to the more environmentally friendly proof-of-stake. Despite the criticism, Bitcoin mining's importance to the blockchain makes it an essential area for continued development and research into sustainable energy solutions.
- **A small uptrend is coming, this will be a market sentiment investigation for the official uptrend after the 2024 halving.**
1Bitcoin is a digital currency that operates independently of a central bank. It was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin is based on a decentralized, peer-to-peer network that enables transactions without the need for a third party intermediary such as a bank or government.
One of the main advantages of Bitcoin is its security. Transactions are verified and recorded in a public ledger called the blockchain, which is secured by cryptographic algorithms. This makes it virtually impossible to hack or counterfeit the currency.
Another advantage of Bitcoin is its potential for anonymity. Users can send and receive Bitcoin without revealing their identity, which can be beneficial for individuals who value privacy.
However, Bitcoin also has some disadvantages. One of the biggest is its volatility. The price of Bitcoin can fluctuate rapidly and unpredictably, which can make it a risky investment. Additionally, because Bitcoin is not backed by any government or central authority, it is not widely accepted as a form of payment.
Despite these drawbacks, Bitcoin and other cryptocurrencies continue to gain in popularity as more people become interested in decentralized financial systems. Some see Bitcoin as a potential hedge against inflation and a way to protect their assets from government interference or economic instability.
- gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
- **Shiba Inu Price Prediction as SHIB Reaches $6.5 Billion Market Capitalization – Here's Where SHIB is Heading Now**
Shiba Inu (SHIB), the world’s second-largest dog-inspired meme coin with a market capitalization of close to $6.5 billion, was last changing hands close to $0.000011 per token, broadly flat on the day.
Trade in cryptocurrency markets on Friday has been subdued with most traditional financial markets in Europe and the Americas closed for Good Friday.
The just released US labor market report for March was mostly in line with expectations, thus failing to trigger any meaningful breakouts in the crypto market.
For now, Shiba Inu is holding up despite sell pressure in rival memecoin Dogecoin, which was triggered by Twitter removing the Dogecoin logo as it main logo on the platform.
That’s probably because Shiba Inu, which has a different logo from Dogecoin (a cartoon version of a Shiba Inu), never pumped when Twitter implemented the Dogecoin logo in the first place.
SHIB/USD is around 6.5% lower versus its earlier weekly highs in the $0.00001170 area, but is still up around 13% versus last month’s sub-$0.000010 lows.
**Here’s Where SHIB is Heading Now**
Shiba Inu’s price action has been subdued by historic standards in recent weeks, with the 200-Day Moving Average (currently at $0.00001060) seemingly acting as a magnet, a sign of an indecisive market.
However, as the broader cryptocurrency market trends to the upside (many think Bitcoin will soon return to $30,000 and Ether to $2,000), Shiba Inu’s uptrend for the year could well extend in the coming months.
Shiba Inu is currently up around 35% since the start of the year.
The cryptocurrency’s near-term technical outlook supports this thesis.
Shiba Inu appears to be forming an ascending triangle structure, which often form ahead of bullish breakouts.
SHIB has been following a trendline higher from the March lows, but continues to find resistance in the $0.00001170 area.
A breakout to the north of $0.0000170 resistance could be the trigger for a push higher back towards the earlier annual highs in the $0.000016 area, which would mark 45% upside from current levels.
**Buy Shiba Inu Now**
**Love Hate Inu (LHINU) – A Shiba Inu Alternative to Consider**
Shiba Inu’s near-term outlook is good.
However, the fact that Shiba Inu is already so famous and well-known and already has such a massive market capitalization makes 10xing from current levels more difficult.
Investors might therefore want to consider investing in some lesser-known coins that potentially hold a better likelihood of seeing exponential gains.
A great new meme coin to consider is Love Hate Inu, a new dog-meme-inspired social media polling platform that has been taking the internet by storm in the last few weeks.
To fund the development of its revolutionary vote-to-earn platform, Love Hate Inu is currently conducting a presale of its LHINU token.
The presale has been a huge success, with Love Hate Inu having already raised a massive $3 million and the presale already having entered stage 4.
Analysts at Cryptonews.com have ranked Love Hate Inu as the hottest presale of 2023 and many think the cryptocurrency could see big gains when it ICO’s later this year.