₦airaland Forum

Hey Breet Gang,

It’s not news that the Crypto community has waited a while now for this moment, and it’s FINALLY close!

But, just in case you’ve been living under Olumo rock, or all the Merge talk has been difficult to understand, Breet is here to break it down!

The Ethereum Merge (also known as Ethereum 2.0) has been slated to occur between the 6th-20th of September. The final ‘Bellatrix’ upgrade before the Merge occurred yesterday – on Tuesday – so all is set!

But let’s rewind: 

The upcoming Merge aims to improve the efficiency of Ethereum by switching from Proof-of-Work to Proof-of-Stake (which is more energy-efficient and scalable). 

What does this mean?


If you’d like to get the full gist in simple details, here’s a link to the full gist on our blog so you can read all about it.

Until next time, be good!
- Somebody from Breet.

Hey Breet Gang,

Mid-week is here, and so is your Tuesday dose of Breet!

Now let’s get into the gist: 

If there’s one thing Nigerian celebrities do an excellent job at, it's to carry our name to the global map and prove to the rest of the world that we’re not behind; and we have to stan!

Let’s recognize some of our favourite celebrities killing it in the Crypto space, shall we? 

1. It’s Don Jazzy Again!

The Nigerian music producer is big on NFTs, and the Mavin Record boss has shown off his collection which includes Bored Ape Yacht Club, Afrodriods, Cool Cat, Superkongs and more to his Instagram followers. 

Like a true boss, he’s had a collaboration with leading Nigeria NFT Crypto-artist Osinachi for an NFT Collabo Debut that sold out on Niftygateway! 

Sometime in December 2021, Don Jazzy also revealed that he’d earned a whopping $300k in just 10 minutes from NFT - bruh! 

2. Tacha - No Leave No Transfer

If you thought women were being left behind in the Crypto world, shine ya eye o (BBN fans would understand ).

The Big Brother Season Six contestant Tacha Akide, is one of the most vocal female NFT enthusiasts in Nigeria, and the Crypto community on Twitter especially would agree, as she partners with new NFT projects for promotions and even does whitelist giveaways on a regular! 

Tacha has signed multiple endorsements with Tech/Crypto brands across the country and Africa; we’re definitely looking forward to seeing more women in Crypto! 

3. Papa Imade - Who Dey Breet?

Once upon a time, Papa Imade gave us the slang “e choke”, and it didn’t end there! 

While we still dey breet, Nigerian artist Davido took a dip into the Crypto space after that slang went viral and launched his own social token, $Echoke late last year. With this token, holders are expected to enjoy some exclusive benefits (Team 30BG, show yourselves!) like access to giveaways, NFTs, merchandise and entertainment benefits. 

Davido has also hinted at starting a Bitcoin company in a tweet (fingers crossed) and has signed endorsement deals with Crypto brands in the past.

Crypto might still have a long way to go over here, but a good number of the biggest names in Nigeria are keeping up with the Crypto space and making an impact, and we know they deserve some accolades; in Daddy Wa’s voice, they’re doing well!

Stay jiggy

Hey Breet Gang, 

The weekend is upon us and as usual, it’s storytime by somebody from Breet 

Before we begin – have you ever lost some cash (maybe the time you forgot your 500 Naira with that bus conductor that kept saying ‘calm down, I go find you change’) and couldn’t stop vexing about it for the rest of the week?

Now, imagine losing the password to a crypto account with £200,000,000 in it!

We wish we made this story up, but this was the bad luck German bitcoin trader, Stefan Thomas had. 

He put away £100,000 worth of BTC, and ten years later, it had gone up to £200,000,000 in total. 

Unfortunately, after all that time, he’d lost the password to the hard drive where the keys to his digital wallet was. All that money? POOF, gone!

This trader tried everything to recover that money (who wouldn’t?), but unfortunately, nothing worked

The Moral Of The Story?

Don't let life shock you like this; some passwords are too costly to lose!

Don’t wait till you’re about to convert some of your bitcoin to cash with Breet, and then start searching hundreds of documents for your login details; it can end in premium tears! Your crypto can be processed in minutes with us, so don’t be the reason for the delay.

Meanwhile, talking about stress-free withdrawals, did you get the gist yet?

Our newest feature – [url=https://blog.breet.app/dont-sleep-new-feature-alert-%F0%9F%9A%80-automaticsettlement/]Automatic Settlement[/url] – allows us to process each of your transactions with Breet automatically. This means faster withdrawals for YOU! 

Until next time – stay sharp, and have a great weekend!

- Somebody from Breet.

Africa's cryptocurrency market has grown by over $100 billion in the last year, making Africa a target investment for the crypto market in years to come.

Africa is the second most populated continent in the world with an estimated population of 1.4 billion people. Africa's population is the youngest among other continents with a median age of 19.7, which is 10.7 less than the global median age.

About 60% of Africa's population is below the age of 25, making African youths the promising key to sustainable development in the continent.

Due to past histories like colonialism, civil wars and harsh terrains, African countries have suffered from poverty, poor growth and extreme economic loss and crisis for a long time.

Nonetheless, the underdevelopment in infrastructure has made Africa a big vector for cryptocurrency, which only requires a smartphone and network connection to gain access to blockchain networks. As well as basic crypto knowledge, which can be acquired from relevant crypto blogs.

In the last year, about a 1,200 per cent increase in crypto value had been accounted for, in Africa alone. According to Chainalysis Insights, Africa has top peer-to-peer(p2p) payment platforms in terms of transaction volume across all regions. As of 2022, over 35% of the Nigerian population has traded cryptocurrency in the last six months.

Central banks in most African countries like Kenya and Nigeria have been hostile to cryptocurrency exchanges, leaving crypto traders in Africa to deploy P2P platforms as the only viable solution, unless they use VPNs to access servers in other countries, which can be inconvenient for many. In December 2015, the Central Bank of Kenya issued a warning to Kenyans to stop the trade of bitcoins. In 2017, the Central Bank of Nigeria banned all banks from using, holding, trading and transacting in cryptocurrency.

Despite the challenges projected to stop the trade of cryptocurrency in Africa, the crypto market keeps growing. Many African developers have created various crypto trading apps in Africa to support crypto trading, with each having its significant purposes.

Breet, an OTC crypto trading platform was designed to automatically convert and withdraw your cryptocurrency to money straight to your local bank account privately, without the use of an open public sector.

Other crypto platforms like Remitano and Quidax were designed for the buying and selling of Bitcoin, Ethereum and other crypto coins in Africa. Foreign crypto platforms like Binance and Coinbase have also made their platforms accessible to African crypto traders.

The cryptocurrency world in Africa is growing rapidly with many blogs to learn more about bitcoin, crypto latest news and crypto prices.

The NFTs Community is also developing in Africa, especially in Nigeria. Just last week (as of April 14), a Nigerian coffin dance meme was sold for over $1 million, likewise, the artwork of an old man was traded for over $1 million as well.

With a consistent increase in Africa's cryptocurrency market, it is projected that Africa may be leading the industry in the next 10 years. Over 52% of Africa's population is under 25 years of age, the youth population have an immense opportunity for optimistic changes in building the Africa of tomorrow.

As a Cryptocurrency or NFT trader, it’s important to be aware of the potential impact that the volatile markets can have on your mental health. It is now very common for Web3 traders to hop into crypto and/or NFT trading without understanding the emotional impact it may cause you. You see why your head is always hot?

Here's how you can secure your mental health:

1. Learn to Ignore FOMO (FEAR OF MISSING OUT)

Just because you missed out on a big NFT project or didn't invest in a rising cryptocoin doesn't mean you should kill yourself. You can't be that lucky to eat from every win. Chill, drink water and get ready for the next big project.

2. Make a Plan and Stick to it

I know you're a crypto master, but that doesn't mean you should be trading 24/7. Create a trading plan for yourself and obey it. Web3 trading can be inviting, but be sure to discipline yourself. Trading too often can lead to anxiety and stress.

3. Invest wisely and don't be greedy

Oga investor! [/i]Yes, you reading! Just because you made some money from crypto or hit a big catch in NFT doesn't mean you have arrived. Be bumble and sit down. Also, web3 traders are wise traders, don't be foolish. Don't put too much money you can't afford to lose. The more you put your life savings, the higher your blood pressure. [i]No say I no warm you!

4. Take breaks

Spending all day glued to your computer screen can be mentally draining. Make sure to take breaks throughout the day, and try to get outside for some fresh air whenever possible.

Whether you’re an experienced trader or not, a project founder, an artist, or a novice, you have likely felt the stress at some point in your crypto or NFT experience. Mental breakdown is inevitable in the Web3 world, but traders need to understand how to control them. Remember, only the living beings can trade! If you die, no more grinding O!

Launched in July 2015, #Ethereum is the largest and most well-established, open-ended decentralized software platform.

Ethereum is the largest #altcoin in the crypto market cap. And obviously, it is our baba in NFT Trading.

Ethereum enables the deployment of smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party. It has its own programming language that runs on a blockchain, enabling developers to build and run distributed applications. A unique feature that Bitcoin doesn't allow!

The potentials of Ethereum are wide-ranging and are powered by its native cryptographic token, ether (commonly abbreviated as ETH). Ether is like the fuel for running commands on the Ethereum platform and is used by developers to build and run applications on the platform.

Ether is used mainly for two purposes:

1. It is traded as a digital currency on exchanges in the same fashion as other cryptocurrencies.
2. It is used on the Ethereum network to run applications.

Ethereum as a programmable blockchain finds application in numerous areas, including DeFi, smart contracts, and NFTs. A large number of #NFTs sold in the Ethereum blockchain are often successful and it is reported that $ETH has the fastest transaction speed.

The second-largest #cryptocurrency has shown great potential since its development and many crypto investors are satisfied.

With Ethereum's blockchain technology,  do you think it will beat Bitcoin in years to come?

Share your thoughts!

Crypto Lingo/terms

1. NGMI
(NOT GONNA MAKE IT)
A lamenting, sometimes derisive phrase
usually directed towards people who don't "get" crypto.

2. WAGMI
(WE'RE ALL GOING TO MAKE IT)
A phrase of encouragement typically used to signal that members of a group will get rich.

3. TOTAL VALUE LOCKED (TVL)
Total value locked (TVL) refers to the sum of all cryptoassets deposited in decentralized finance (DeFi) protocols. Deposited assets earn rewards or interest.

4. DECENTRALIZEDFINANCE (DEFI)
Financial activities permissionlessly conducted on blockchain networks. DeFi eliminates the need for intermediaries like banks or other financial institutions.

5. GAS
A fee that must be paid to the Ethereum network in order to use the system. Gas is paid in ether (ETH), the native cryptocurrency of Ethereum. Other smart-contract platforms also use the term gas in the same way.

6. FIAT
Refers to government issued Currency (eg. USD, EUR, YEN) that is not backed by a physical commodity like gold or silver. Fiat means "it shall be," so fiat money is literally money from nothing.

7. ADDRESS
An "address" in crypto refers to a unique identifier that serves as a
virtual location where a cryptocurrency can be sent. Addresses take the form of long string of numbers and letters, but can also be represented by QR codes.

8. WALLET
On a practical level, a crypto wallet is a device or program that is used to send and receive cryptocurrencies

9. WHALE
The name given to individuals or institutions who own enough of a given cryptocurrency that, when they buy or sell, the price of the crypto is significantly affected.

10. BLOCK
A block is a record in the block chain that contains and confirms
many waiting transactions. Roughly every 10 minutes, on average, a new block including transactions is appended to the block chain through mining.

11. P2P
Peer-to-peer refers to systems that work like an organized collective by allowing each individual to interact directly with the others. In the case of Bitcoin, the network is built in such a way that each user is broadcasting the transactions of other users. And, crucially, no bank is required as a third party.

12. PROOF OF WORK
The competitive process where participants called miners dedicate
processing power to a simple algorithm. The winning miner is rewarded with new coins, and the energy expended guarantees the network's security and fairness.

13. REKT (RECKED)
Losing money or value.

14. FOMO (FEAR OF MISSING OUT)
The key emotion that drives people to purchase assets that are rising in price. FOMO likely contributes to asset price bubbles.

15. MOON
Typically refers to a parabolic rise in the price of an asset.

16. FUD (FEAR, UNCERTAINTY, AND DOUBT)
The primary emotions that contribute to negative sentiment in markets, often leading to price declines. FUD can also refer to media or news that *causes* those emotions.

Bringing you a quick roundup of the most notable updates around the crypto world in the past week.

NFT Sales Volume Saw a Small Uptick Last Week — Moonbirds Took Top Sales
Last week, $658.4M in NFT sales were recorded. Polygon NFTs jumped 106.68%. Moreover, an NFT collection called Moonbirds saw the largest sales volume gathering over $200 million.

Elon Musk Offered To Buy 100% Of Twitter
Yeah, not so close to being a crypto news update but we all know Elon Musk is our guy around the crypto space.
If his offer is granted, the effect on some crypto coins like DOGECOIN is something we cannot predict.

Coinbase Criticised Again for Listing ‘Dead’ and ‘Stupid’ Tokens
Coinbase faced criticism from the community after it released a new list of tokens it said were “under consideration for listing.” The list includes projects that a community member described as “stupid” and “dead”.

Three African Countries Plan to Adopt Crypto
Cameroon, DR Congo (DRC), and the Republic of Congo - were reportedly planning to adopt crypto and blockchain solutions powered by The Open Network (TON). Cameroon was said to be considering issuing a national stablecoin.

Blockchain Firms Constitute 16% of UAE’s Q1 Company Registrations

The UAE reported that 16% of its freezone business registrations in Q1 of 2022 are blockchain-related firms.
The welcoming crypto developments in UAE might explain why crypto and NFT folks are all up in Dubai.

Ripple CEO Said SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
He also stressed that: “This case is important, not just for Ripple, but for the entire crypto industry in the US".

Coinbase Is Creating a Film Trilogy Featuring BAYC NFT Characters
Coinbase is producing a 3-part film series Bored Ape Yacht Club (BAYC). The films will be crafted by Coinbase Entertainment and feature selected BAYC characters that will be crowdsourced from the NFT community.

That’s that from the past week. Is there any notable news that we missed? Feel free to drop them. Have a cryptoful well ahead!

In early 2022, everybody was just hoping #Bitcoin will fly to the moon, that is how many #crypto traders started buying the dip. In Jan, $BTC price was at $37,928.58, it wasn't a fun experience but we kept hoping.

Feb, it reduced by $125, what is happening? Omo! It wasn't fun at all!
God finally heard our cry in March, that is how #bitcoin flew from $37k to $47k overnight. Ah! I cannot forget, it was like a miracle!

Everybody started claiming $50k by April, even me sef, I was happy, I even announced Giveaway if it hit $50k . The first week of April was somehow sha, but we were hopeful. Now bitcoin don flop. Which one is $39k like this?
See! Everybody should better go and pray o

The annoying part is that when $BTC fall, #altcoins go follow flop, especially that #ethereum.
Omo! I want to go cry first .

The matter be se: Bitcoin price will always be volatile, meaning it changes regularly. It is RISKY! Please, don't invest all your savings in one go!

In our next #cryptogist, I'll tell you why bitcoin and other cryptocurrencies fluctuate in price.

1. Ethereum's Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge.

While the $ETH community getting prepared for The Merge and transitioning to a full proof-of-stake system, the network’s hash rate reached an all-time high (ATH) on April 7, 2022.

2. UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration.

These include Cex.io Ltd., Copper Technologies (UK) Ltd., Globalblock Ltd., Revolut Ltd., and Moneybrain Ltd.

3. $Shiba Inu Burn Rate Hits 26,000% in the Last Day,

On Saturday, the second-largest meme-based crypto, $SHIBA, has seen a lot of tokens burned. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed.

4. Billionaire Peter Thiel Unveils BTC's Enemy List With Warren Buffett at Top.

The Paypal co-founder has compiled a list of bitcoin’s enemies, the “finance gerontocracy”. Berkshire Hathaway CEO Warren Buffett tops the list. Thiel called him “the sociopathic grandpa of Omaha.”

5. Binance Leads $150M Funding Round of Sky Mavis

Binance has led a funding round of Sky Mavis, the creator of the leading NFT breakout title Axie Infinity, to restore funds on the Ronin Bridge hack, with the participation of Animoca Brands, a16z, Dialectic, Paradigm, and Accel.

That’s it! Have a cryptoful week ahead.

“So… If you drop $100, you will get $500 back in 30 minutes”. That was the promise they gave my friend, Akpos, and he believed it, due to his greed to get rich overnight

Ponzi scammers are getting smarter, promising an unrealistic amount of money as ROI because that’s what greedy Akpos wants to hear. And there are a lot of them in the crypto space due to the relative anonymity of cryptocurrencies and the high number of newbies.

Some of them use bots to spam Instagram comment sections.

Some even go as far as hacking people’s social media accounts, then sending the ponzi scheme testimonials to their friends and followers, to make it more convincing.

What Am I Saying ?

Take this from somebody that loves you, whenever you see schemes like this, remove your shoes, and run for dear life

You’d be better off selling your crypto and withdrawing the cash to eat good pepper soup, than losing it to ponzi scammers.

Stay safe fren!

Short writeup by Somebody from Breet.

This is BREET

Download App: https://onelink.to/breet/
Breet’s Website: https://breet.app/
Help Centre: https://help.breet.app/

Support Phone Number: +2348090569499
Email: Support@breet.app

Contrary to what you might be thinking, ‘Breet’ is in no way a derivative of that Davido’s slang ‘Who Dey Breet’ .

What a funny coincidence.

For the sake of clarity, let’s have a brief introduction… Shall we?

SO, WHAT ON EARTH, IS 'BREET'?

Breet is an OTC strictly-spend crypto trading application that allows common users and businesses who ‘just’ need fiat equivalent of their crypto, to get it.

Say you have crypto, and you need real money in exchange, BREET is your guy

BIG BIG WORDS... WHAT IS 'OTC'?

OVER-THE-COUNTER, which means Breet has a set of predefined trading rates and instructions.

Better put, it’s a more beginner-friendly crypto trading approach that saves you the headache of looking at boring green and red candle bars.

TALKING TOO MUCH... HOW EXACTLY DOES IT WORK?

Practically, Breet users get their personal crypto wallet addresses and can receive cryptocurrency from anywhere in the world.

Without doing anything, the crypto will then be converted to fiat currency automatically.

SO, WHO IS BREET FOR?

Any random countryman who wants to get involved, but not get involved, in crypto.

And individuals and businesses who want to convert their cryptocurrencies into cash without really understanding the game or dealing with volatility.

SO... WHO IS BREET NOT FOR?

The dude looking for where to store his crypto assets. Unless he wants it converted automatically to real money, BREET is not the guy

ENOUGH SAID... ANYTHING ELSE?

Breet currently covers 5 cryptocurrencies ( $BTC, $LTC, $DOGE, $BCH and $ETH )

Breet is currently available in Nigeria and Ghana only.

Register today and get free 100 reward

START HERE: https://onelink.to/breet/

Hi there ,

So yesterday, I was listening to this Twitter space. Omo! See the way people were just saying how much they make from crypto. I'm lagging o

Hmm! Me sef I wan chill with the big boys o, abi you no wan Bambam?

Well! I will teach you how to cash out with crypto, we must all blow , but you must pay me o

Here are 3 cryptocurrency you should invest in today:

1. Avalanche (AVAX)
When AVAX came out people were just downlooking it, now you see? Since the beginning of 2021, Avalanche has soared more than 2,700 percent; from less than $3 then, now it's approaching $90, abi e Don reach? . AVAX is a big competitor, low key like Ethereum. Better go and buy now o! Avalanche is a top 10 cryptocurrency by the market cap.

2. Solana (SOL)
There's something about Solana that is creepy , it's doing like winchy winchy . While bitcoin and ethereum were dragging first right at the top, Solana just knocked in and now it's a top 10 cryptocurrency of its own right, and it's $32 billion market cap is nothing to scoff at. Also, it's network fee is dramatically low, cos me I know se una too like awoof . While bitcoin and ethereum are fighting, solano is just seizing more opportunity to close the gap. Fear Solana o!

3. FTX Token (FTT)
FTX be like magic. Too underrated bro! Since the start of 2020, it has surged from $2.14 to $47 today. That is 2000% increase. I don't know what you're waiting for o? In January, FTX was valued at 32 billion dollars in the market cap, meanwhile last year October, it was just at 25 billion dollars. Abi na my eye dey pain me?

Wait, wait! Where are you going to?
Have you forgotten you'll pay me?
Oya, see how you'll pay me:
Just go and download Breet, and promise me you'll use Breet to cash out your cryptocurrency when you Don hammer

Download here: https://onelink.to/breet/
Breet: https://breet.app/
Help Centre: https://help.breet.app/