You are reading the article Ethereum (Eth) And Roboape (Rba) – Two Leading Coins Enhancing The Esports Industry updated in December 2023 on the website Tai-facebook.edu.vn. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested January 2024 Ethereum (Eth) And Roboape (Rba) – Two Leading Coins Enhancing The Esports IndustryGaming, Esports, and Cryptocurrency
The esports and gaming industry is continuing to expand and grow in popularity, with the esports industry worth an estimated $3 billion following a report by Goldman Sachs. The rapid growth can be accounted for by a growing user base, but also the investment that has come into the industry, largely from crypto exchanges.
In 2023 TSM’s naming rights were bought by FTX, Bitstamp, the world’s oldest crypto exchange sponsors, Immortals, and Coinbase has partnered with Team Liquid, all of which have provided an influx of liquidity into the scene.
The relationship between crypto and esports is becoming synonymous with one another and has opened up a plethora of new verticals for businesses and consumers to benefit from.Esports Betting With Ethereum
One vertical that has started to gain significant traction is esports betting, with figures suggesting that the market value in 2023 will be worth $83.65 billion. Much of this market share is associated with betting via crypto, with Ethereum (ETH) being the chosen medium to bet with on many betting sites.
The benefits of betting using Ethereum or even crypto more broadly are multifaceted, but one of the main benefits is that users will link a crypto wallet to their betting account and be able to have instant deposits, withdrawals, and settlements across all betting services.
Moreover, many Ethereum betting sites offer very lucrative signup bonuses to draw users into betting with Ethereum rather than traditional fiat, especially betting on esports. The link that crypto exchanges have with esports provides further incentives for companies to offer discounts as increases in adoption are a priority and benefit everyone involved.
Lastly, betting using crypto in most cases gives users cheaper fees as there isn’t a need to use a third-party processor such as a bank, credit union, etc, when cashing out your earnings. With crypto, everything is in one place.
The Ethereum betting market continues to grow in conjunction with the esports market. It will be interesting to watch the industry’s developments in the coming years and analyse the trends across the crypto-betting markets more broadly.How RoboApe Is Bringing Meritocracy To Esports
As mentioned earlier esports as an industry is now worth an estimated $3 billion, which is an impressive figure for an industry that is still in relative infancy. However, as a gamer, unless you make it to the absolute top of a game, it is difficult to earn enough money to forge a career out of. There is a disconnect occurring in esports which is limiting meritocracy.
For a holistic esports ecosystem to occur there needs to be a platform that gives a genuine pathway for those up and coming gamers to ease the transition to making it as a fully-fledged professional. League of Legends have tried to bridge this gap with the Academy League, but in many cases, veteran players are taking up the spots as they provide teams with a household name that can sell more merchandise, rather than promoting new talent.
This is where RoboApe (RBA) through its RoboApe eSports initiative is helping bridge the gap and give prospective gamers a chance to earn a fair wage while not necessarily performing at the highest level. RoboApe will host a multitude of tournaments across an array of games and will reward competitors fairly in its native token RBA.
Additionally, RoboApe will provide the opportunity for sponsorship and endorsements for athletes who are looking to make a career in esports and have shown skill and commitment to gaming. While RoboApe’s tournaments will not be exclusive to those trying to make it in esports, with tournaments planned at various skill levels, its main aim is to increase meritocracy in the industry and put on tournaments that gamers will enjoy watching, while ensuring opponents are always fairly matched.
As such, expect to see RoboApe at the forefront of the gaming world in the near future and if you are interested in becoming part of the project their native coin RBA is available for purchasing soon in its presale.
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As cryptocurrency multiplies and the knowledge of its numerous benefits expands, there is a need for a community where users can interact and share information.
The Ethereum blockchain uses an open source format and also encourages smart contracts. However, blockchain technology needs a social network platform for its users.
Unlike Ethereum, Persystic Token is a tokenized mixed social network that enables people to communicate with one another and form communities based on democratic principles and the right to express themselves freely.
Persystic Token is also the world’s first decentralised social network with the primary goal of helping its community members generate income.Persystic Token (PSYS) Is Entering The Crypto Market
Persystic Token (PSYS) is a tokenized ecosystem that combines the Internet of Things (IoT) and the Internet of People. Persystic Token aims to provide a means for content creators to earn a living morally and ethically by adding value to the numerous social interactions they participate in and their talents.
The Persystic Token network was created with the idea of cyber-physical convergence to facilitate more intimate social connections using a system accessible to everybody, transparent in its workings, independently verifiable, and safe.
The Persystic Token platform also showcases users’ abilities from an artistic and entrepreneurial point of view.
Users of Persystic Token will be able to use a tokenization system on the site to determine how they rank after decentralised entities have measured their reputations.
Persystic token’s PSYS is the native currency , and serves as the primary unit of account in the Persystic network. The Persystic token is used to facilitate transactions on the Persystic platform.
Persystic has the potential to become a standardised and decentralised social media platform. This is because the BEP-20 token standard is compatible with the ERC-20.
Users on the Persystic blockchain can send Persystic to other users. Users on the platform can sell or trade their Persystic to other users.
Persystic Token is the go-to platform where all your wants and goals, from becoming a musician to starting your own business, may come true.
The Persystic platform also intends to establish a common thread and communication route between celebrities and influencers and their networks to facilitate the growth and empowerment of their enterprises. One minute is enough, and Persystic makes it possible to do anything you can imagine.Can Ethereum (ETH) Become The Top Leading Currency
Ethereum (ETH) is regarded as the father of smart contracts. After suffering a major hit after the crypto crash, Ethereum is already shooting back up. Ethereum isn’t sure if it will maintain the growth momentum.
Ether is the power source for Ethereum. Ether enables users to create new software in the blockchain connected to it. With this, many altcoins have been built on the Ethereum platform.
Ethereum cares about privacy by not allowing third parties to access various information. The Ethereum technology ensures that data cannot be stored on it. Ethereum also makes transactions untraceable.
Even though Ethereum had a low presale, it has grown over the years to be the second most valuable cryptocurrency. If you buy Persystic with BSC, you receive 25% for buying with USDT on the Tron network,5% for buying stage 1 presale, 4% for stage 2, 3% for stage 3, 50% extra for buying within 15 mins of signup.Join Persystic Token (PSYS)’s Presale:
A Brief History of Gambling and Casinos
The beginning of gambling games goes back thousands of years, with the earliest evidence going as far back as 2300 BC. As far as modern casino games go, we see the beginnings of roulette being played in Paris in 1796, and poker becoming very popular throughout the 1800s. In 1891, the very first slot machines, known as ‘one-armed bandits’, made their first appearance in New York, and soon after that gambling took off in a massive way all over the world!
In the early 90s some of the first online gambling companies were established and took the industry to a whole new level. Technology continues to improve the online industry, putting pressure on software developers to create new and exciting games all the time.
Mobile Apps and Their Influence
While online gambling was massively popular, a problem soon arose where players did not just want to play on their PCs and laptops at home but on their mobile phones too. This created massive opportunities in the market and software develops were soon making games that were mobile friendly! Now games can be played whether you’re on the train on your way to work or on the other side of the world, thus making these games far more accessible!
There are many games that offer offline versions too, where winnings can be checked out at a later stage, allowing players to play these games even without internet! Mobile apps have a truly massive influence over the industry at the moment, with more and more players turning to the convenience of mobile apps and online casinos instead of traditional casino establishments.
Technology and Security
In an industry such as this one, where large amounts of money are transferred from one player to the next, security is key! In brick and mortar casinos we have seen massive improvements in CCTV and surveillance systems, that have facial recognition and other features that allow casino security to keep their establishments as secure as possible.
Online casino’s security measures are even more important, as online casinos are at risk of hackers and fraudsters. Encryption is used to ensure that your financial and personal details are kept secure and do not fall into the wrong hands. Payment methods need to be protected whether you are using old school bank wire or modern versions like echecks. Technology has also played a major role in allowing online casinos to keep their games 100% fair by creating specialised algorithms.
The Future of Gambling
Technology is moving at an incredibly rapid pace, so it is difficult to even predict what the next few months may have in store, let alone the next 5 years. However, it is safe to say that we should continue to see more online options, improved graphics and more interactive features. With the rise of virtual reality, it’s not unlikely that VR slots and casino games will become the next big thing, with a few 3D, virtual reality casinos already existing!
When it comes to gaming, you can also check which are the best payout casinos including betting and online casinos on the market today.
The Merge is finally upon us. But before diving into the dramatic changes that may or may not come with it however, it’s probably good to know what exactly it is.
The Merge, in this case, refers to a long-gestating effort to change the fundamentals of how the cryptocurrency, Ethereum, is mined, minted, and traded on the blockchain. This years-in-the-making project primarily seeks to address the longstanding critique regarding crypto that the whole enterprise is simply too energy inefficient to justify widespread adoption, especially in the face of our current climate crisis. And things just started emerging.
[Related: The Ethereum ‘merge,’ explained.]
What’s actually changing within Ethereum’s mechanics is somewhat complex (here’s a deeper rundown on that front), but suffice to say, the cryptocurrency is genuinely becoming a lot more eco-friendly. Ethereum is second in popularity only to Bitcoin, and until today ran on something called the “proof-of-work” model. In this system, “mining” computers compete to solve increasingly complex math problems, with the fastest computer awarded the right to add a new block on the blockchain and a small amount of cryptocurrency. The problem with this setup, however, is that every other computer that lost the race trying to solve the same puzzle gets absolutely nothing—all that energy consumption during the sequence was essentially for nothing. Increase that system exponentially with massive crypto mining farms and ever-more-complicated math problems, and… well, you see where this is going.
The Merge, however, transitions Ethereum into a “proof-of-stake” model, which operates by having miners pony up a certain amount of crypto as collateral for maintaining accurate blockchain ledgers. Try to scam the system, and you lose your stake (currently around $51,000). Meanwhile, every computer that “stakes” Ethereum is entered into a kind of algorithmic lottery system, wherein they can then earn more tokens. The more someone stakes, the more likely they are to win the lottery—something that requires a fraction of the computational power as proof-of-work, which Bitcoin still currently runs.
How much less power will this actually take now? We’re talking an estimated 99.992-percent reduction in carbon emissions that stem from computers mining Ether (the name of the currency itself), according to a report from the Crypto Carbon Ratings Institute (CCRI) published earlier today. If the CCRI’s numbers prove correct, Ethereum’s pollution will drop from around 11 million tons of CO2 emissions per year to barely 870 tons, which is slightly less energy than is consumed by 100 homes here in the US within a single year—a pretty dramatic improvement.
[Related: The tech behind popular cryptocurrencies, explained.]
What happens next? Well, that’s sort of anyone’s guess at the moment. If successful, The Merge could put pressure on Bitcoin, really the only other major cryptocurrency (sorry, Dogecoin), to finally invest in similar green infrastructure. If the carbon emission reduction numbers are anywhere near the CCRI’s estimates, people who were previously on the fence about Ethereum might finally take the plunge. This could subsequently generate a renewed interest in the alternative financial system, especially after the past year’s staggering crypto crash. The impacts of a potential crypto reemergence remain to be seen, but any reform that drastically reduces a project’s carbon emissions is welcome news these days.
Foreign direct investment (FDI) has significantly impacted the Indian fashion apparel industry, bringing in global players, technology, and capital. This has resulted in increased competition and higher standards, leading to the growth and development of the industry.What Does FDI Mean in The Fashion Industry?
FDI stands for Foreign Direct Investment. It refers to the investment made by a company or an individual from one country into a business or company in another country. In the context of the fashion industry, FDI can take the form of setting up new production facilities, acquiring existing companies, or establishing joint ventures with local partners. The objective of FDI in the fashion industry is often to access new markets, tap into local resources, or gain access to specialised skills and technologies. The influx of foreign capital and investment can bring new technologies, improved processes, and increased competition to the industry, leading to growth and development.Scope of FDI in the Textile Sector
The scope of FDI in the textile sector is vast and encompasses various aspects of the industry, including fibre production, spinning, weaving, dyeing, printing, finishing, and garment production. FDI can take the form of setting up new production facilities, acquiring existing companies, or establishing joint ventures with local partners.
In the fibre production segment, FDI can help in the development of new and improved fibre technologies and the production of high-quality raw materials. In spinning and weaving, FDI can lead to the introduction of new machinery and processes, improving efficiency and quality. In dyeing and printing, FDI can help in the implementation of new technologies and environmentally friendly processes. In the finishing segment, FDI can bring in new techniques and technologies, improving the quality and durability of the final product. In garment production, FDI can lead to the introduction of new designs, improved production processes, and increased competitiveness in the global market. Overall, the scope of FDI in the textile sector is extensive and can bring significant benefits to the industry, including increased competitiveness, job creation, and the introduction of new machinery and processes that improve efficiency and quality.
In dyeing and printing, FDI can help in the implementation of new technologies and environmentally friendly processes. In the finishing segment, FDI can bring in new techniques and technologies, improving the quality and durability of the final product. In garment production, FDI can lead to the introduction of new designs, improved production processes, and increased competitiveness in the global market. Overall, the scope of FDI in the textile sector is extensive and can bring significant benefits to the industry, including increased competitiveness, job creation, growth, and development.Industry Scenario
The Indian fashion apparel industry is one of the fastest-growing sectors in India and has been attracting significant foreign direct investment (FDI) in recent years. The industry is characterised by a large domestic market, a growing middle class, and a favourable demographic profile. The Indian fashion apparel industry comprises both organised and unorganised segments, with the organised segment accounting for a significant share of the industry’s revenue.
The industry has seen a steady increase in FDI in recent years, with a significant increase expected in 2023 due to the COVID-19 pandemic and the shift towards online retail. The influx of foreign capital has led to the growth and development of the industry, with increased production and exports and the introduction of new technologies and improved processes. The industry faces challenges, including a highly fragmented supply chain, limited access to technology and capital, and inadequate infrastructure. However, the government of India has taken steps to address these challenges, including providing financial support, promoting exports, and improving infrastructure.
In conclusion, the Indian fashion apparel industry is a rapidly growing sector with significant potential, and FDI is playing a key role in its growth and development. The industry is poised to continue its growth trajectory in the coming years, driven by the increasing demand for fashion and lifestyle products in India and globally.Impact of FDI on the Indian Fashion Apparel Industry
Foreign direct investment (FDI) has had a major effect on the Indian fashion apparel industry over the past few years. FDI has brought in international players and brands, leading to an increase in competition and a push for higher standards in the industry. This has resulted in the growth and development of the industry, with increased production and exports. The influx of foreign capital has also led to the introduction of new technologies and improved processes, making the Indian fashion apparel industry more efficient and globally competitive.
Additionally, FDI has created job opportunities, both directly and indirectly, boosting the Indian economy. However, it has also led to concerns about the loss of traditional Indian techniques and cultural identity. Overall, FDI has had a positive impact on the Indian fashion apparel industry, but it is important to strike a balance between growth and preserving cultural heritage. Following are the considerable impacts of FDI on fashion industry
Growth and Development − With the influx of foreign capital, the Indian fashion apparel industry has experienced growth and development, with increased production and exports.
Introduction of New Technologies − FDI has led to the introduction of new technologies and improved processes, making the industry more efficient and globally competitive.
Job Creation − The influx of foreign capital has created job opportunities, both directly and indirectly, boosting the Indian economy.
Concerns About Cultural Identity − There are concerns about the loss of traditional Indian techniques and cultural identity with the increase of FDI in the industry.
Improved Standards − The competition brought in by FDI has pushed the industry towards higher standards, leading to better-quality products and a more efficient supply chain.
Global Connectivity − FDI has connected the Indian fashion apparel industry to the global market, making it easier for Indian brands and products to reach international audiences.Major Investments
As of my training data, the latest available information on major investments in the Indian fashion apparel industry is from 2023. Here are a few notable investments
Aditya Birla Fashion and Retail Limited received $31 million in FDI from TPG Growth and General Atlantic.
Flipkart Group received $1.2 billion in FDI, among others, to expand its online fashion retail business.
Future Retail Limited received $49 million in FDI from Brookfield Asset Management to strengthen its position in the Indian retail market.
Myntra Designs Private Limited received $103 million in FDI from Flipkart Group to expand its online fashion retail business.
Reliance Retail Ventures Limited received $1.04 billion in FDI from Silver Lake to expand its retail business, including fashion and lifestyle products.
These are a few of the notable investments in the Indian fashion apparel industry as of 2023. It’s important to note that the figures may have changed, and it’s recommended to check for more recent and official data from relevant sources for the most up-to-date information.Facts
Here are some facts about the Indian fashion apparel industry and its relationship with foreign direct investment (FDI)
The Indian fashion apparel industry is one of the fastest-growing sectors in India and is valued at over $70 billion.
The industry has received over $1.24 billion in FDI between April 2000 and December 2002.
The Indian fashion apparel industry comprises both organised and unorganised segments, with the organised segment accounting for a significant share of the industry’s revenue.
The influx of foreign capital has led to the growth and development of the Indian fashion apparel industry, including increased production and exports and the introduction of new technologies and improved processes.
Major investors in the Indian fashion apparel industry include Aditya Birla Fashion and Retail Limited, Flipkart Group, Future Retail Limited, Myntra Designs Private Limited, and Reliance Retail Ventures Limited.
The Indian fashion apparel industry faces challenges, including a highly fragmented supply chain, limited access to technology and capital, and inadequate infrastructure.
The government of India has taken steps to address these challenges, including providing financial support, promoting exports, and improving infrastructure.
The Indian fashion apparel industry is poised to continue its growth trajectory in the coming years, driven by the increasing demand for fashion and lifestyle products in India and globally.Conclusion
In conclusion, the Indian fashion apparel industry is a rapidly growing sector with significant potential, and foreign direct investment (FDI) is playing a key role in its growth and development. The influx of foreign capital has led to increased production and exports and the introduction of new technologies and improved processes. Despite facing challenges such as a highly fragmented supply chain, limited access to technology and capital, and inadequate infrastructure, the Indian fashion apparel industry is poised to continue its growth trajectory in the coming years, driven by the increasing demand for fashion and lifestyle products in India and globally.
The government of India has taken steps to address the challenges faced by the industry, including providing financial support, promoting exports, and improving infrastructure. Overall, the Indian fashion apparel industry offers significant opportunities for growth and development, and FDI is expected to continue to play a key role in its growth and development.
Introduction to IT Professional
The IT sector is said to be the quickest-growing and most dynamic industry in the world. Computers have become essential to everyone’s life and are used in every industry, such as education, communication, business, entertainment, construction, medicine, defense, etc. Information technology is used to develop marketing strategies for entrepreneurs and business people, accounting software for financial institutions, development of a database for efficient communication, resource management, customers, etc., development of tools and equipment for agriculture, defense, medicine, engineering, etc. The IT professional means Information Technology; therefore, any person associated with the computer world in any form can be said to be an IT professional in layperson’s terms.
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Web development, programming languages, Software testing & othersIT Professional – On-demand Jobs
In this field, technical support deals with PC, laptop repair and maintenance, installation and set up, configuration, etc.
Networking, here, professionals install networks and take care of the efficient functioning of these network systems.
Internet and website designing, here professionals design, develop and maintain websites and web pages.
Here, the experts develop and design programs for different sectors, such as operating systems, games, and word processors.
Database creation, here, the experts develop and design database software to update and manage various types of databases.
Software development, Here, experts develop software to manage different things, like production, resources, finances, etc.
One can learn these skills by joining professional courses or on-the-job training and experience; in most cases, an IT professional is a combination of both. But only learning these skills and getting certification does not guarantee success and prosperity in this field. Success in this field depends on a lot more other things, like making the right career decision- which tech area one should specialize in, which IT professional meaning area best suits one’s personality, which course, training program, and certification would be beneficial for the future, what type of career challenges would one face while opting for a particular area of specialization, which company to work for and how to plan one’s career.
Apart from this, one should analyze whether he is fit for a career in the IT professional industry. He should enter this field only if he possesses these traits and qualities. The features which are necessary for becoming a successful tech professional are:
Patience is one of the critical traits; the IT professional world is vast; IT professional tools require constant research, trial, and error to reach a particular solution. Therefore one needs to be patient with the people and equipment he works with. One should analyze the problem thoroughly before concluding and avoid hasty decisions and judgments.
He should have good communication skills. He should be understandable, simple, and crisp while communicating with different audiences. One should have the knowledge and experience to handle different types of people with different communication strategies.
There are constant changes and new developments in the IT professional definition field. One should be quick to adapt and should have the desire to learn about new technologies, software, and programs. One should keep oneself up to date.
An IT professional should be able to handle multiple tasks simultaneously; for example, if he is repairing a computer, he may have to take care of both the hardware and software problems. He might have learned about a new version of a software or device at the same time to solve the problem efficiently.
One should have the quality of problem-solving. Sometimes, especially in networking, software, and program development, one may face problems he has not dealt with before. At that time, he must apply his problem-solving principles, techniques, and technical knowledge acquired through experience and research.
One of the essential traits that one should possess is that a tech professional should be passionate about his work, should enjoy his work, should be ready to learn more and more about the field, and should be able to put this knowledge into practice.
IT professionals must remember that the IT industry keeps changing with the change in client and customer requirements. Therefore the tech professional needs to keep updated with the latest IT professional, meaning developments and technology versions. He has to be a good researcher and learner to develop his own knowledge base and use them practically in the field. The internet is one of the best tools to enhance one’s skills and knowledge, besides books, journals, magazines, software, and training programs organized by various institutes and renowned experts. He was taking into account his situations and circumstances.
In today’s competitive world, the role of the IT professional is vital. Qualified, capable, and knowledgeable professionals are required in every sector. Nowadays, IT or information system (IS) is used vastly in various fields, such as production, communication, defense, banking, business, and even for personal use such as mobiles, laptops, learning through internet courses, etc. As Information Technology is used everywhere, it isn’t easy to differentiate from other fields.
The only difference is the type of IS used in different sectors, such as entrepreneurs using IS systems developed for resource management and marketing, banking and accounting sectors utilizing IS set for accounting, etc. Due to its versatility, a tech professional should be proficient in networking, programming, database management, etc. In addition to this, he knows how to fix a computer, develop software, and should be able to create things like CAM, CAD, MIS, etc.
But when dealing with a technical person, you will need to go into the technicalities of the program or software. Good communication skill helps develop long-term and healthy client relations. To become a successful and efficient IT professional, one must value time. In IT, one needs to do many things quickly; time management is very important. The best way to do this making a priority list of all the work you need to do; this list should also have details about the approximate time it would take to finish each task; this will help you plan your day better. In other words, one should be an efficient organizer and manager.
Another quality that a competent tech professional needs to develop is a professional attitude and nature. The first impression is the last; therefore, you should dress smartly; if your employee or clients prefer a dress code, stick to this dress code. Secondly, be punctual in everything you do. Reach on time or a little early to the office or for meetings with the client. Finish your work before the deadlines. This will give the impression that you are dedicated to your work and take your work seriously. Thirdly stick to the working hours assigned by your employee; for example, if your office hours are ten in the morning to six in the evening, reach the office before ten and leave after six.
Successful and proficient tech professional has their values and set principles; their professionalism does not end with attaining higher technical knowledge and skills and earning a hefty pay package; it is also about their duties and responsibility towards society. It uses one’s skills and knowledge for the welfare of society and brings about a positive, fruitful change in the world. People into anti-social activities like hacking are involved in fraud by developing fraudulent software, programs, and websites to cheat people or viruses.
The IT professional definition sector has grown drastically, with many areas to work for. The need for trained, proficient IT professionals is also increasing daily. To succeed in this field, one must have the right attitude, aptitude, traits, qualifications, certification, and training. Apart from this, one needs to possess specific innate skills such as good communication, dedication to learning, problem-solving ability, and quality to make effective decisions; One should have a sense of passion for this field and its work. He should have the right attitude and approach towards his work.
He should be able to accept every challenge that comes his way. And should be willing to solve these problems efficiently and quickly. If he does not possess adequate knowledge about a particular situation, he should be ready to look for solutions from other sources. He should keep himself updated with all the latest versions, software, and details in the IT professional definition industry to efficiently and quickly troubleshoot problems. He should possess excellent communication skills to represent himself and his work.
He should be able to develop a long-term and positive, healthy relationship with his clients and colleagues to build a respectable position in the organization. He should possess excellent time management qualities, be punctual, and be a good manager, organizer, and planner. He should be able to finish his work within deadlines efficiently. A successful tech professional works with his set values and principles. Works for the welfare of society, with a positive mind frame to benefit humanity. His work should be for the progress of humankind and not for damage or destruction. He should possess strong professional ethics.Recommended Articles
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