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The Patronage 2021 Week 6: The Community has decided
Hey folks! I'm here again. The trending talk in Nigeria at the moment is the ban of crypto in Nigeria. The Central Bank of Nigeria has prohibited commercial banks from dealing in crypto or facilitating transactions by crypto exchanges. Also they have been instructed to close accounts of crypto exchanges and individuals dealing in crypto. This will bring decline to the growth of bitcoin, and cryptocurrencies adoption in the country. Bitcoin trade is still going on amidst the panic.
Given the situation with cryptos in the country a lot of crypto investors are moving their focus to other countries in the continent. Also major crypto exchanges like Binance has suspended transactions in Nigeria Naira.
Why not come up with plans to regulate crypto instead of banning it? This move is not what the country needs in a time of increased unemployment rate, poverty and cost of living. Many young Nigerians have invested into crypto and it serves as a source of livelihood to thousands of them. Where does this ban leave them?
As aforementioned, crypto trading is still going on but at a lower pace via P2P exchanges. Also local crypto vendors are transacting daily while observing to see the final outcome of the situation.
Back to the Patronage
The beneficiaries of the previous week are @bm8ter and @Crackers . They have received as much as possible the benefits of being beneficiaries of the week. I didn't get tip as many as 7 articles, as both users published not more than 3 articles apiece within the week. Oi have sent sponsorship to both users, but only @bm8ter has been finalized. I'm still waiting to here from @Cracker. The offer is still on till he accepts then I can send the sponsor amount.
From the nominations above @Yen led with 7 nominations followed by @Cryptonators with 6 nomination.
Hence, @Yen and @Cryptonators are the beneficiaries of Patronage week 6. Congratulations to you.
A big appreciation goes to Jane, Carisdaney2, PVMihalache, TheSnarfy, Eybyoung, Laurenceuuu, Crackers, Meyzee and Eirolfeam2 who made out time to visit and nominate users in the week 6 nomination post. Thank you all.
As for me, I will move to the next stage. I'll have to follow the two beneficiaries for the next 7 days, subscribe, sponsor, read and tip their posts with the little amount I could afford to give at the time. I'm not rusty the bot so don't expect a huge tip from me.
Here are the benefits offered by the patronage initiative to the weekly beneficiaries. The nominators (users that nominated them) are not left out.
Below are the benefits users receive as beneficiaries of the Patronage week:
Subscriber(s): The first thing is to visit and subscribe to the two beneficiaries and hopefully, other users will also get to subscribe to them.
Sponsorship: Then I will send sponsorship offers to the two beneficiaries and its up to them to accept or reject the offer. This is only possible for users that has enabled the sponsor block on their account.
Tips: And finally I will read and tip their articles for the next 7 days. I will tip not more than 7 articles published by the beneficiaries within the week.
Nominators Bonus: This is an appreciation tip to the users who participated in the nomination rounds by nominating other users. Their nomination comment will be tipped by me. Also, those that nominated the users that became beneficiaries of the week will get extra tip.
I have to end this here for today. I will return soon, to seek your assistance again in nominating some users for the initiative.
On the other side, I hope the increase in the fund amount will also mean an increase in earnings. Anyways, we will still be here doing what we do best.