AxiaFunder, Europe’s first for-profit litigation funding platform, has secured £1.9m from investors since launching in January 2019, with a 100% success rate on completed cases.
Co-founded by investment banker Cormac Leech and entrepreneur Sophie Liu, AxiaFunder has fully funded a total of 13 cases via its platform so far, winning all five that have been concluded with an average investors’ return of 55%, and as high as 94%*. Of course, we would like to remind investors past performance is not indicative of future results
The other eight cases remain ongoing including a software case in Barcelona, AxiaFunder’s first international case. Two further litigation investment opportunities have recently been added to the platform.
The current cases at the funding stage include a shareholder dispute case relating to a high-value house building business, and a group litigation claim against two retail banks the funding is in the process of closing.
Cormac Leech, the London-based company’s co-founder and CEO, said one of the key attractions of litigation funding as a new asset class was the degree to which it did not correlate with the broad economic environment.
He said: “Litigation is not largely impacted by variability in economic growth in the same way traditional assets such as equities and bonds are.
“Indeed, there is an argument that litigation funding provides investors with an attractive alternative in times of economic uncertainty.
“With equities at multi-year highs many investors may think it is a good time to diversify out of equities, and litigation funding is an option for some high net worth and sophisticated investors to consider.”
“With the potential high return, investors also need to be aware of the risk of capital loss in litigation funding. Investors can find more information on our website’s risk warning section.”
A multi-stage vetting programme ensures that only those cases with a strong chance of success – approximately one in every 20 cases reviewed by the AxiaFunder team – actually make it on to the platform.
The risk of loss is mitigated by After the Event insurance (ATE insurance), which help to reduce any liabilities of a failed case.
It is compulsory for all cases funded on the platform to have ATE insurance where adverse cost risk exists, and solicitors are typically paid at least partially on a CFA (conditional fee agreement) contingent basis to ensure alignment of interests and to keep costs down.
AxiaFunder is a trading name of Champerty Limited (FRN 811606), an appointed representative of Share In Ltd (FRN 603332), which is authorised and regulated by the Financial Conduct Authority (FCA). AxiaFunder is a member of the UK Crowdfunding Association.
Background: Back in September 2020, the UK government decided to end VAT-free shopping for international visitors from 2021. The heads of firms such as Marks & Spencer, Heathrow and Selfridges said the move also put 70,000 jobs at risk*. UK retailers, tourism businesses and airport operators were seeking legal advice after the “body blow” of a government decision to scrap value added tax relief for overseas visitors**. This decision not only hit UK retailers and airports during the pandemic, it also dealt a huge blow to UK travel-Tech startup, Wevat.
What does Wevat do?
Wevat, a London based travel-tech startup, is on a mission to make tax-free shopping simpler for overseas travellers visiting Europe by changing government policy and enabling travellers to do it easily using an app. They believe time and money should be saved on travelling and shopping during the trips.
Double hits: COVID-19 and Government Action
Wevat started in the UK. In 2019, it grew the team to 22 and by the end of 2019, when Wevat had launched for less than a year, they had already acquired 70,000 users from over 88 countries, who claimed VAT refunds on more than €18 million of purchases. However, like the majority of companies in the travel industry, 2020 posed a tough challenge, and especially so for Wevat because on top of COVID-19, HM Treasury abolished the VAT refund scheme altogether in a cataclysmic move that shook up the retail industry from West End to Bicester Village.
Travel-tech startup finds new path:
God doesn’t close one door without opening another. However, one of the great things about post-Brexit travelling in Europe is that British travellers can now claim a VAT refund on purchases made in the EU! This includes popular holiday destinations like France, Italy and Spain. After all this time, Brits can finally benefit from tax-free shopping in Europe.
So, far from giving up, Wevat quickly pivoted to set up in France, and have now obtained the license to offer a fully digital VAT refund service in France, which Wevat will launch later this year under the banner of becoming “the go-to shopping app for your next trip to France”.
Wevat’s impressive track record and resilience in the face of adversity also won Raphael Chow, CEO & Co-founder, a place on the Forbes 30 under 30 Europe list in April this year. What Wevat has come to symbolise is that perseverance and resilience through technology, innovation and principles pays off. And though there is a long road yet ahead to success, Wevat hopes to share their story as a source of inspiration for fellow travel startups.
About Wevat:
Wevat was founded in London in 2016 as the first digital VAT refund provider for international travellers. So far, they’ve helped travellers from 88 countries get a tax refund on more than €18 million of shopping.
Wevat aims to make the tax-free shopping experience convenient, efficient and reliable for travellers with its revolutionary digital solution and customer-focused service. The company believes getting tax back on your shopping should be simple and hassle-free, so you can spend your time and money on better things. Wevat is launching its service in Europe to let travellers shop tax free on the go in France.
Wevat is backed by experienced investors including Entrée Capital, firstminute Capital, Sweet Capital, and Andy Phillips, former CEO of Priceline (part of Booking Holdings Inc.). They also have strong partnerships and seamless integrations with innovative payment providers such as Alipay and WeChat Pay.
Wevat’s Mission:
Traditional refund companies sign up retailers who hand out paper refund forms to travellers. This resulted in high commissions that are paid to the retailer, which in turn produces high admin fees that are passed on to the consumer. Wevat pioneered the first-ever B2C app in the UK which travellers could download and use directly – without going through another middleman. This means they can refund much more, on average 23% more, and also do so in a seamless, convenient journey that no longer requires manual paper forms to be filled with the same details again and again. The digitised process was designed with the traveller in mind and had one goal: to save them time and money.
Since the UK had its long awaited ‘Freedom Day’, weddings are back on and stag parties are being planned up and down the country. The ‘stag do’ market has endured its second year of drought since the pandemic started. But, since the UK came out of lockdown on the 19th July, things have picked up dramatically! Orders for personalised ‘stag t-shirts‘ are up over 500% according to David Cavill, founder of tshirtexpert.co.uk.
We’ve seen an instant response to the re-opening. It has finally given grooms and their best men the confidence to make plans and provisions for their stag parties. We’ve been seeing big group sizes too. It’s worth keeping an eye out for a gang of twenty or so lads in bright red ‘Game Over’ t-shirts if you’re in the city this weekend.
David goes on to talk about a notable shift in where the stag dos are happening.
The vast majority of stags have opted to have their event in the UK this year. Before the pandemic, most destinations that we printed [on t-shirts] were major European cities. We heard from a customer who had been planning for 15 lads to go to Las Vegas but now they’re going to be racing go-karts in Rotherham. That’s some compromise!
TShirtExpert have also reported an increase in the use of their ‘express turnaround’ option, which ensures that customers receive their custom t-shirt order within 3 working days. This would suggest that stag t-shirts (at least) are being left to the last minute before ordering. Perhaps this is to be expected after months of uncertainty about whether stag nights would even go ahead or not.
Looking to the future, David is hopeful for a return to normality.
We’re feeling more optimistic for an upturn in sales for 2022. As travel restrictions ease further, the vaccines continue to be effective, and larger weddings get booked in; things will hopefully start to feel normal again.
On 29th July 29 2021, BoxMedia joined AICPA-CIMA at Engage 2021 both online and in-person at the Aria Resort & Casino, Las Vegas to discuss how game-changing, innovative digital learning products are revolutionising the modern workplace.
Engage 2021 is an unforgettable, invaluable and one-of-a-kind career opportunity that offers exclusive insights and networking opportunities for engaged finance professionals.
BoxPlay (a BoxMedia company) exists to improve employability possibilities through relatable learning that builds confidence and was thrilled to be supporting their partners AICPA-CIMA at this amazing event.
CQ Originals focuses on interpersonal confidence-building skills – essential for anyone in the workplace today. The first digital version of this course is Active Listening, an accredited course based on CQ: Communication Quotient and created by Clare Munn.
Communication Quotient (CQ) is the bridge between EQ and IQ. It exists in the space between your intelligence and your emotions and helps you understand how to be expressive and receptive and thereby increasing confidence along with your ‘communication intelligence’.
Hawkins discussed how, to remain employable and relevant, we need to take charge of adaption. This includes learning both digital and technical fundamentals, understanding data analytics, and mastering our soft skills like active listening, critical thinking, negotiation and stress management.
Hawkins talked about how BoxPlay’s stackable and modular award-winning learning products are both beautiful to look at and immediately applicable to all aspects of your life.
Chargeback was created as a protective tool for customers from any fraudulent merchants on the market. Nowadays the situation has changed. Merchant payments for chargebacks became a target for numerous fraudsters. So, if your client started a dispute, it is recommended to check all the reasons immediately and make sure that no criminal scheme is involved. Unlike the refunds procedure, chargeback does not require contact between seller and buyer. Instead, the customer contacts the bank, files a complaint complaint and starts the dispute. Bank decides whether to approve chargeback or not. Unfortunately, chargeback fraud happens often, even with the best merchants with solid reputations. Some customers misuse the chargeback process to receive money after getting the product or services they paid for. Legal Actions or Crime? Customers who misuse chargebacks for their gain learn this system well enough to know that their actions are partly legal. Regulations of the dispute are far from perfect and stay unchanged for decades. While this type of fraud is still called friendly, every merchant who suffered from such a scheme disagrees with the name. Unfortunately, not all actions can be argued. If the customer did not put the signature on the delivery document, they may claim that there was no package delivered. Dishonest cardholders can get motivated by next reasons:
They don’t need to contact the merchant directly;
They want to receive free services;
They want to avoid the handling fee;
Refund limit is expired;
The delivery schedule is not suitable for them;
The return process on the website is too difficult;
The real owner of the payment card does not know that a purchase was made;
The buyer is not aware that he made the transaction.
Best Ways to Protect Your Business against Chargebacks No matter which digital tools or strategies you use, there is no 100 percent guarantee of protection from chargebacks. Every day the global market is attacked by fraudsters and criminals. Whether you have a small business or a big one, you can only minimize the chances for unnecessary spending and cut the damage that may occur. Follow the next steps:
Use the payment processor you trust. Even if you don’t know the system, check out the reviews, ask your colleagues. Pick the trustable way to accept payments. It must be highly secured fraud hackers with the detection of frauds. It may ask for the CVV card number or AVS. This way, you will not only protect your money but your customers as well;
Advanced seller protection. If you use services like Cash App, PayPal, or even Shopify, you have an automatic fraud detection system that monitors every action. You may decide which charges you can approve automatically or not, whitelist some accounts while blacklisting others. Many reliable companies also offer insurance in case of chargebacks. Besides, you may handle the disputes started by customers through the platform of payments;
Always keep receipts and proofs of transactions. Whether you trust your client completely or not, you have to make the transaction screenshots and automatically save all the receipts. These are the major pieces of evidence of your point of view. Save copies of all receipts and orders. If you can, save the conversation screenshots with customers. Make screenshots of delivery moves and keep them in the specific folder;
Provide the information on the payments and return policy clear and visible. Your customers need to know what to expect and how to file for a refund. A refund is always better than a chargeback since you don’t have to pay unnecessary fees;
Monitor the quality of services you provide. Perhaps, the chargeback you have to pay is justified. Check out the quality of the product and the reliability of the delivery company.
Life without Chargebacks Although there is no 100 percent guarantee that your actions will keep your business safe from chargebacks, you can still avoid them. Pay attention to every factor on the list, and make sure you follow these basic rules. A happy customer will stay with you for a long time.
LONDON – 26 July 2021 – Sproutl, a UK gardening tech start-up that aims to open up gardening to a whole new generation of gardeners and get everyone to plant something, has today launched a curated online marketplace that celebrates the best brands and businesses in the gardening industry. The company has also announced $9 million of seed funding led by Index Ventures with participation from Ada Ventures.Today, consumers from across the UK can access some of the best gardening products and plants from the country’s leading independent garden centres, nurseries and shops in an online curated marketplace, with more to be added over the coming months. In addition, the platform offers inspiration and straightforward advice, making gardening accessible to everyone.
Sproutl is not just an online gardening marketplace. It’s a platform that provides inspiration and advice to a new generation of growers, demystifying gardening, making it accessible and fun to fresh new audiences who may never have grown anything before, bringing plants and products seamlessly from phone to door.Gardening in the UK is experiencing a renaissance. According to the Horticultural Trade Association, the number of gardeners rose by three million last year, with nearly half of these aged under forty-five. During the lockdown, searches for plants rivalled those for dresses. And Google searches related to gardening have doubled from May 2020 to May 2021.GlobalData estimates that the green-fingered boom shows no sign of abating this year, with spending estimated to rise by seven per cent.From plants, pots and planters to outdoor living and gardening essentials, the site celebrates the best that gardening has to offer for the UK consumer.The platform is designed to make shopping hassle-free for consumers and take the pain out of online selling for horticultural suppliers and integrate with their systems.
Sproutl manages not only logistics, packaging sourcing, and delivery but also online marketing and customer services. Allowing local garden centres, shops and nurseries to develop their online presence and reach new national audiences, generating incremental sales.Horticultural launch partners include Rosebourne, Polhill and Millbrook garden centres. As well as specialist nurseries such as Middleton and indoor plant specialist Bellr. Peat-free pioneers, Fertile Fibre and living wall specialist, Horticus have also come on board.
Sproutl is already in discussions with many more partners who will join the marketplace in the coming months.The seed and need for Sproutl were sown back in 2016 when former VP Trading and Strategy, Marketing at Farfetch, Anni Noel-Johnson, wanted to plant her small London garden. Working full time, she looked for an online option but found that they typically catered for an informed, mature audience and had huge variations in availability and delivery lead times.After leaving Farfetch, over a coffee with former colleague Andy Done (who had previously been Director of Data Engineering at Farfetch and headed up data analytics at King, makers of the hit game Candy Crush), Sproutl was launched.
Hollie Newton, who swapped from being an award-winning creative director to become a bestselling gardening author, was brought on board to be the chief creative officer.Anni Noel-Johnson, CEO, & Andy Done, CTO, commented: “We built Sproutl to invite a new audience to take up gardening and give them the world-class eCommerce experience that digital natives expect. Our mission is to demystify growing plants and remove the barriers to getting started.” They continued, “We want to celebrate the UK’s brilliant horticultural industry and the network of family-owned and independent businesses, bringing their plants and products together in one place, generating incremental sales to new nationwide audiences.”
Hollie Newton, CCO, added: “You don’t need a ten-acre plot in the countryside to start gardening. To be honest, you don’t even need a garden. A terrace, a balcony, a small sunny windowsill – the modern garden is a brilliant place and one that thousands of people rediscovered in lockdown. Who cares if you’ve never picked up a trowel before? This is gardening made easy. The best plants and products, sitting alongside advice, inspiration, easy-to-shop edits, and high profile limited edition collections. It’s gardening for a new generation.”
The launch of the platform and its expansion are supported by a $9m seed investment which will allow Sproutl to move a step closer to its ambition of changing the online gardening landscape in the UK. The funding is led by Index Ventures (backers of Dropbox, Etsy, Farfetch, Patreon and Deliveroo). This is complemented by investment from Ada Ventures (backers of Bubble and Huboo) and C-Suite angel investors from leading global tech companies, including Farfetch, Airbnb, Made.com, and Slack.
The funds will be used to expand its strong, industry-leading team of veterans of the gardening industry and senior talent from leading consumer brands, including Soho House Group, ASOS, Selfridges, King and Habitat.Danny Rimer, Partner at Index Ventures, commented: “The notion of who is a gardener, and what it means to be a grower, has been transformed in the past few years, with a whole new generation of young people breaking the long-held stereotypes. More than anyone we’ve met, Anni and Andy have understood this cultural change and built Sproutl, a gardening destination that’s like no other.”
Check Warner, Partner at Ada Ventures, commented, “At Ada, we are looking to invest in dynamic founders with bold ideas. The Sproutl team is reinventing and reshaping the online gardening landscape in the UK, making gardening more accessible and inclusive. The depth of experience of the team and their passion for celebrating independent garden retailers made us really excited to partner with them on this ambitious mission.”
If you’re a first-time buyer currently living at your parents’ house or in a fully-furnished rental property, you probably have everything provided for you. Your current living situation is almost like being in a hotel except you don’t get room service and your bedsheets changed every day. And if you do, why are you moving out? Quick, call the sale off!
Joking aside, buying your first home is wonderful and exciting. Whether you’re buying outright with cash or a mortgage, or the rapidly rising property prices in the capital means you’re joining a shared ownership scheme in London, you’re going to need to furnish your new home.
You would have received a fixture and fittings form in the documents you received from your vendor outlining anything that was included in the sale price or available for you to buy.
However, if you’re starting out completely from scratch, here are five items you need to buy for your first home.
Curtains or blinds
You’d think window coverings would come with the property and a lot of the time, previous owners do leave them behind. However, unless you’ve arranged for curtains or blinds to be left, don’t take it for granted.
If you do need to buy something to cover your windows, unless your windows are a standard size and you can easily buy what you want from your local high street, make sure you order your window coverings in plenty of time, as made-to-measure curtains, blinds or shutters can take weeks, if not months, to be delivered.
Bed
Unless you want to spend the first few weeks in your new home sleeping on the floor, you’ll need a bed. Again, unless you’re picking one up from Argos or somewhere handy like that, a bed can take a long time to be delivered.
Don’t forget to buy a mattress, pillows, duvet and linen too.
Kettle
A kettle is the type of thing you forget you need until you wake up on your first morning in your new home and go to put the kettle on, then realise you don’t actually have one. If you did forget to buy a kettle, they’re easy enough to find in your local supermarket and you can get one while you’re buying the tea, milk and sugar you also forgot to buy.
Cleaning supplies
Unless you’re a Mrs Hinch devotee, cleaning is really boring but, unless you’ve got aspirations to be the new Quentin Crisp who famously said, ”There is no need to do any housework at all. After the first four years the dirt doesn’t get any worse” you’re going to need cleaning supplies.
Trust us, in a few years, your kitchen cupboards will be bulging with cleaning supplies as you search for the holy grail of cleaning products but, for now, at the very least, make sure you have some bleach, cleaning cloths and multi-purpose cleaner. You’ll also need some washing up liquid, laundry detergent and dishwasher tablets (if you’ve got a dishwasher).
Smoke alarm and carbon monoxide detector
A smoke alarm and carbon monoxide detector may sound even more boring than cleaning supplies, but these things could save your life. They’re inexpensive and easy to install, so make sure you have them on the day you move in.
These are just five of the items you need to have in your new home. They’re not the most exciting things to buy but they’re definitely necessary.
According to the quarterly report of CoinGecko, during this period, the cryptocurrency showed a colossal yield of 11,566,501%. Despite the fact that SHIB is not included in the top 5 cryptocurrencies, at the end of the quarter it surpassed DOGE. This article compares the various value propositions presented by the Shiba Inu coin (SHIB) and Dogecoin (DOGE). We explain the key features of two cryptocurrencies, their history, idea, and their investment potentials in the future.
What is Dogecoin?
Dogecoin is a decentralized network for performing payment transactions, with open source code. It is the result of a fork of Litecoin. DOGE functions based on the Scrypt technology. It has unlimited emission, and fast transaction processing speed (it takes only a minute to add a block).
As of July 2021, the coin is in the top 10 by market capitalization ($21,604,889,877), and the cost of one DOGE is $0.1654. DOGE is one of the best cryptocurrencies for mining. Its active and dedicated community widely uses coins for conducting financial transactions and also uses DOGE to raise funds for charitable purposes.
What is Shiba Inu?
Shiba Inu is a decentralized ecosystem based on the Ethereum blockchain that is completely controlled by its community. The main functions are the exchange of digital assets, the NFT marketplace, and passive income tools. SHIB is an ERC-20 standard token with a limited issue of 1 quadrillion.
In July 2021, value of SHIB is $0.000005801, with a market capitalization of $2,286,443,703. According to the creators, they deliberately set a low cost, so that everyone could buy millions of coins, and earn a fabulous profit on a seemingly insignificant price increase.
The team is trying to create an ecosystem consisting of several coins (LEASH, SHIB, and BONE), a decentralized exchange (DEX) known as ShibaSwap, and a dynamic community.
SHIB – is a service token of the ecosystem
LEASH – (“DOGE Killer”) was created to hedge the value of DOGE, as well as a reward for holders who provide their liquidity.
BONE – plays a vital role in the main ShibaSwap DEX protocol, and allows you to earn money on staking
Differences between Shiba Inu and Dogecoin
Although both coins have similar characteristics: they use Shiba Inu as their mascot, are decentralized, are actively used in community circles, and also participate in charity fundraising events. Still, they have different basic characteristics, which are important to examine.
So we see that although SHIB and DOGE are direct competitors, they are essentially completely different. It should be noted that Dogecoin is a fork of Litecoin. While SHIB operates on the basis of the Ethereum blockchain. In addition, the limited issue played into the SHIB’s hands, and the fact that the project is switching from PoW to PoS consensus is well accepted by many investors. However, Dogecoin has existed since 2013 and over the years has managed to earn a good reputation and enter the top best cryptocurrencies. The reason for such a stunning success of Dogecoin is often called the fact that such a global influencer as Elon Musk actively supports the project in his Twitter. After a series of tweets that DOGE is his favorite as well as the people’s cryptocurrency, the asset’s quotes soared to the skies.
At the same time, SHIB also has a kind of patron in the form of the well-known Vitaly Butyrin. The SHIB team sent about 40% of its assets to Buterin. He, in turn, refused such a gesture and burned 90% of coins, sending another 10% to charity. Thus, the attention to the currency was extremely high. Since a considerable part of the tokens is burned, and the issue of SHIB is limited, this had a favorable effect on the price of the asset.
Where to buy Dogecoin and Shiba Inu?
On July 6, 2021, the decentralized exchange platform Shiba Swap was launched. The platform offers users to exchange tokens, as well as to deposit SHIB on stacking. The website presents various ways in which Shiba Inu holders can receive rewards for placing their SHIB coins on the platform. This was followed by the release of two new tokens: LEASH and BONE. These tokens were not available for purchase before the launch of ShibaSwap DEX. Therefore two questions arise: 1) Where to trade doge; and 2) Where to buy shiba inu.
Both SHIB and DOGE cryptocurrencies have high liquidity and are traded on most large and reliable crypto exchanges. The best exchanges for buying or selling these coins according to CoinMarketCap are:
Binance – one of the most liquid platforms in the world. Spot Trading, P2P, OTC, futures trading with leverage up to x125, margin trading, etc. are available.
Huobi – a multifunctional and multi-currency platform, with a pleasant and intuitive interface. The same fees of 0.2% for makers and takers.
OKEx – a well-designed and easy-to-use crypto exchange, works with both crypto and fiat currencies. Quite low fees in this market segment.
FTX – crypto exchange for spot trading, derivatives with leverage up to x110. A specialized liquidation system significantly reduces the risk of losses.
7b – is your guide to the world of cryptocurrencies, with the most pleasant and convenient interface, useful trading tools, and reasonable fees.
Always remember that investing in any cryptocurrency is an extremely risky venture – you may know how to buy doge and how to buy shiba inu coin, but you should also know how to earn on it. And such meme-currencies, which are supported only by hype, can both make you rich and ruin you. So be extremely careful in your calculations and investments, and do not invest more than you can afford to lose.Our dog friends
Since the launch of Dogecoin in 2013, the process of creating cryptocurrencies has become noticeably easier, and therefore new meme tokens could be created every day and become known if they were somehow connected with current events or major influencers. So, in addition to SHIB and DOGE, there is already a whole family of dogs on the crypto market:
Papa Doge – the developers claim that the project is the first meme token with real use cases. The token is characterized by high security, full decentralization, and full BEP 20 compatibility.
Mama Doge – according to the developers, the young project aims to protect and give home to homeless dogs. The coin is deflationary and is completely managed by the community.
Baby Doge – according to the developers, BabyDoge is a DOGE child who has learned the lessons of his father. Altcoin belongs to the category of deflationary assets, and it is based on the principle of smart stacking. According to the creators, token owners will earn money not by speculating, but by accumulating.
Dogelon Mars – one more interesting young project, which is a fork of DOGE. According to the developers, it has two goals, namely to help victims of fraud, and also to become the currency of Mars.
All these cryptocurrencies do not carry a fundamental novelty, but are simply used in narrow circles and are hyped at the expense of the progenitor.
FAQ
Is Shiba Inu coin better than Dogecoin?
There is no clear leader in this battle. Both coins use a Shiba Inu meme, both are hyped, both are used for charitable purposes. DOGE is supported by such world celebrities as Elon Musk and Mark Cuban. At the same time, this also affects Shiba quotes. The advantages of the latter are the limited issue and their DEX, in which tokens serve as a bridge.
Will Shiba Inu beat Dogecoin?
DOGE has been trading on the market since 2013 and has already managed to gain the trust and recognition of the community and celebrities. At the same time, SHIB quotes have increased significantly over the year, largely due to hype and confusion on Elon Musk’s Twitter. It is not necessary to exclude the possibility of a Shiba victory, but still the project is too young and has not yet fully recommended itself.
What is Doge and Shiba?
Doge is some progenitor of the meme cryptocurrencies. And SHIBA is probably the most successful project of the followers. Despite the similar concept, use cases, and idea, they have different basic characteristics and function on the basis of different blockchains.
Can a Shiba Inu hit $1?
The one dollar goal is extremely cloud-based for the SHIBA project. There is a better chance of achieving it if most of the tokens are burned. However, if the growth continues at this pace, then by the end of 2021 SHIBA could reach such a mark. Still, according to Market Realist, quotes will be able to reach $1 by 2025, provided that the price will grow by 20% per month.
Is it worth buying Shiba Inu coins?
Yes, SHIB is a profitable long-term investment, given the growth indicators over the past year. If the project adheres to its strategy, the potential growth for the year will be +102.32%. In addition, SHIB coins are very cheap, so you can safely invest some of your free funds in their purchases and earn money on increasing the price.
What does Doge stand for?
First of all, the Dogecoin project was created for ordinary people. It was planned that it would be really useful to everyone and, most importantly, affordable at its price. DOGE is currently used in many industries. Its main purpose is to conduct various charitable collections. Also, this coin can be used by users to transfer their funds on P2P basis, exchange for other cryptocurrencies (or for withdrawal to fiat money), purchase goods on the Internet, pay for services, etc.
Conclusion
When investing in SHIB or DOGE, it should be remembered that their value is not based on any fundamental principles, but on the mood of the crypto market and attention from world famous personalities. For example, on July 9, 2021, in just two hours, DOGE quotes increased by 14%, after a tweet by Elon Musk, where he expressed his opinion about the advantages (fast transaction speed and low fees) of his favorite cryptocurrency over such giants as Bitcoin and Ethereum. But as can be seen from the history of the price rate, SHIB is also not far behind. The cost is increasing quite steadily. And with the launch of its decentralized exchange (ShibaSwap), the project has a chance to refresh its all time high.
To date, it may seem that investing in DOGE entails less risk of losing your funds, since it is more widely accepted and reliable. But at the same time, SHIB quotes are growing rapidly and the coin is extremely cheap, so there is more room for maneuver.
A gentleman from Liverpool was wrongfully arrested following the death of his cousin. The police arrested him in his house for grievous bodily harm. The officers ignored his pleas including his request to get his medication before they left for the police station.
Despite all the information provided to them by the family of the accused, the officers ignored everything and still detained the alleged suspect for 12 hours. After his release, the gentleman filed a lawsuit against the police officers and the police force; they ended up paying him £5,000 plus legal fees. The cases filed against them were false imprisonment, assault/battery, trespass, and breaches of sections 6, 7, and 8 of the Human Rights Act.
For parking illegally, an American resident in Hastings, East Sussex, was gassed, attacked, and humiliated in the town centre. He was frightened of losing his job because he was only taking a break from work to get a birthday present for his child. Police detained him and made up stories about his aggressive actions, which were not accurate, as evidenced by one of the officers’ body cameras.
The gentleman was pinned to the ground, spit hooded, and leg restrained before he was detained for four and a half hours in the Hastings Police Station. The police denied the allegations but there was CCTV footage and an independent witness that served as proof of the cases filed against them.
The American suffered physical and psychological injuries from the incident. The police were eventually charged for police brutality, for which they paid the victim £25,000—initially £5,100 increased to £7,500 then to £15,000 and finally to £21,000.
Police complaints
The Independent Office for Police Conduct (IOPC) recorded close to 30,000 complaint cases about the police in England and Wales from 2019 to the end of January 2020.
Police officers are not allowed to discriminate, especially regarding race or color. They are not allowed to treat people unfairly and disrespectfully; police officers cannot abuse their powers. In addition, they also cannot use excessive force when arresting suspects or misuse the information they gather from you for purposes that go beyond police responsibilities.
The IOPC and the local Professional Standards Department of the police are responsible for investigating complaints and claims against police officers. Complaints can be made by persons related to the victim of the police misconduct, the victims themselves, witness or witnesses to the conduct, or a representative of the witness and the victim’s relative.
Police complaints are not limited to the police force. Complainants may also forward their grievances to the authorities regarding misconduct of the following:
England and Wales police forces
British Transport Police
Ministry of Defence Police
Police and Crime commissioners
The National Crime Agency
The Mayor’s Office for Policing and Crime
Border and immigration officers
The Gangmasters and Labor Abuse Authority
Her Majesty’s Revenue and Customs
There is a broad list of complaints that can be made against the police. In recent years, the allegations that tallied the highest for England and Wales were “other neglect and failure in duty”. Ranking second is “incivility, impoliteness and intolerance”.
How to make police complaints
If you have been mistreated, wrongfully accused, or assaulted by the police or by any representative of the departments listed above, you may file a claim for compensation against them. You can be compensated in case you win the lawsuit.
The following is a list of some of the actions of the police that you can file a complaint for:
Oppressive behavior
Malpractice
Breach of Police and Criminal Evidence Act 1984 (PACE)
Lack of fairness and impartiality
Discriminatory behavior (especially against mental illness)
Neglect of duty
Incivility
Traffic irregularity
Direction and control
Other acts such as irregularity in procedure, improper use and access of information, and other sexual conduct.
The first step in registering a claim is to provide all relevant information regarding the incident. Your complaint letter must contain details on which police force your complaint is directed at, who was involved in the incident, the “who, what, why, when, where, and how,” and how the incident has affected you mentally and emotionally. Also, you have to include what outcome you expect from your claims against police officers.
If all else fails, find a solicitor or a legal firm that is an expert in dealing with taking action against the police. Contact the police complaints experts at Claim Experts. They might be able to help you persecute the officers that mistreated you and get you compensated for all the damages they caused.
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About Gotshal Rhoades
Gotshal Rhoades is an investment management firm that merges proven theories about security analysis and portfolio management with a genuine interest in helping people and institutions achieve their financial goals. The company serves individuals, corporations, pension funds, foundations, and endowments via a selection of specialist asset classes, including low volatility strategies, capitalizing on in-house fundamental and quantitative capabilities. The professionals at Gotshal Rhoades are proud to partner with customers to deliver sophisticated solutions that result in their success. Gotshal Rhoades continuously expands its investment and wealth management offerings to keep pace with the evolving landscape.
