₦airaland Forum

Have you guys thought about a solution/app that could help you track all your investments in one place? Achee, a new fintech startup, looks to be providing this service.

I think one that works well is dollar-cost averaging, just setting a specific amount to invest every month. Another is just keeping your money in Dollars . Thank God for the dollar-based investing platforms in Nigeria.

Crowdfunding is the new trend in agriculture in Nigeria. These startups allow people invest with as low as N10, 000 in farms and contribute to food production in Nigeria.

Many of the investment opportunities listed here have low initial capital and several farms on offer have returns of up to 50 per cent. Of course, you are responsible for doing your research before putting your money in these farms.

1. ThriveAgric
ROI for investors: 7% – 25%
Product listing: Maize, poultry farm, cassava, cattle, soya beans, ram tomatoes and rice.
Range cost of farm products: ₦60,000 – ₦200,000
Investment cycle: 4 to 12 months, depending on the farm you select
Farms are insured by Leadway Assurance

You can get a lower investment threshold through PiggyInvest. They allow savers on the platform invest in ThriveAgric farms with as little as ₦10,000.

2. Farmkart
ROI for investors: 30%
Product listing: Fish farm and Poultry farm
Range cost of farm products: ₦100, 000
Investment cycle: 12 months
Farms are insured by Leadway Assurance

3. E-Farms Nigeria
ROI for investors: 15% – 27%
Product listing: Maize, pig farm, tomatoes, catfish, poultry farm, cassava, soya beans, pineapple, plantain, snails and rice.
Range cost of farm products: ₦50,000 – ₦75,000
Investment cycle: 6 to 7 months, depending on the farm you select

You can find out about 15 more farms listed in this post.

Blockchain.info is actually one of the safest bitcoin wallets around. They have added support for Ethereum and Stellar now. They are currently distributing Stellar (XLM) to new users of their platform.

Guava Exchange actually provides a secure wallet for Nigerians

How do you know Satoshi Nakamoto is a Chinese??

I actually like trading bitcoin on Guava Exchange. Their trading fee is fairer than other exchanges.

There are a lot of scams out there right now. It's important to be really careful. Sending people bitcoin first isn't ideal at all. And if you want to trade at all, it's better to use trusted exchanges like Guava, Remitano and some of the other tested and trusted platforms.

Please use a trusted Exchange oh. There are many of them now in Nigeria.

Olayinka777:
Good evening beautiful people, is there anyone that has Btc for sale in Abuja?
I need some, face to face transaction is highly appreciated.

You can also try https://guava.africa/

Guys, do you know you can trade bitcoin, ethereum and ripple with zero fees right now at Guava?

They are also offering their first 50 users 1000 naira after they deposit a minimum of 1, 500 naira and trade with it. Cool right?!

addictiv:
Guys with binance and bittrex no longer accepting new sign ups, I need an equivalent reputable world class platform. Any suggestions?

Why don't you use a Nigerian platform, you don't trust them? At least I have used https://guava.africa/ and the experience has been smooth so far.

It's simple. You want to quickly know how much your bitcoin is worth in Naira, use a bitcoin to naira converter https://blog.guava.africa/btc-to-naira/ to know where you will get the highest price when selling or the lowest price when buying. The price of bitcoin differ on each cryptocurrency exchange, and it's better you try and get the best deal every time.

Do you guys know of https://guava.africa/ ? They are a new exchange in Nigeria, launching next week and they plan to offer 0% on transaction fees.

This is how the Blockchain technology works


What is Blockchain?

Think of the blockchain technology as the construction of a house. Starting at the foundation of the house, you must add concrete blocks onto the previous block until you get to the top, right?

Each subsequent concrete block is “connected” to the previous block and references part of the previous block.

This is how it's obtainable with Blockchain also. New blocks (don't worry, we'll explain what a block means in Blockchain later) reference code from prior blocks, all the way to the “genesis block”.

It's quite similar to how a child inherits DNA from the parents.

The genesis block is the very first block on a blockchain technology. Or, using the house analogy, it's the first block at the base of the whole house.

BLOCK - CHAIN

Let's dive deeper into studying each "block" and how they are chained together.

Breaking down the word “Blockchain."

The first part of the word reads “Block.”

Think of each block on the network as a housing for information, or transactions with written code within. Once enough transactions have occurred, a block is created and must be added to the Blockchain.

So, we can say a block is a record of new transactions or data. Mary sends money to John, that’s a transaction. John buys some shoes from Lisa, that's also a transaction. These transactions make up a block.

Transactions in the same block are considered to have happened at the same time but transactions not yet in a block are considered unconfirmed.

You know what a "Block" is now. What about "Chain"?

The process involved with connecting blocks is done through computational power.

For each block to be "chained" to the Blockchain, a complex mathematical problem must be solved in order to validate transactions and create new blocks.

The only way to solve these mathematical problems/puzzles is to use a powerful computer or mining rig.

The people who connect these blocks, similar to bricklayers, are called miners. They earn a new coin as a reward for solving the problem before other miners on the network. That process of connecting blocks is called Proof of Work. This model is currently used by Bitcoin.

However, other cryptocurrency platforms have developed new models to achieve consensus, the most popular being Proof of Stake (PoS).