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This Is How Cardano Plans to Attract 100 Million Africans into Crypto

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Cardano’s African campaign continues to gain momentum. This time it was announced that Adaverse, the accelerator of the Cardano ecosystem, has entered into a seed funding round for Afriguild, an African blockchain gaming guild and decentralized autonomous organization (DAO).

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The organization’s presence currently spans nine cities in Nigeria, the third largest country in Africa with over 200 million people. By the end of the year, Afriguild also plans to expand its operations to four more countries on the continent. In total, Afriguild aims to attract 100 million Africans to the crypto and web3 space.

Cardano puts Africa first in its plans

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Cardano’s intentions towards Africa are indeed serious, and the latest news reinforces this impression. From the creation of Adaverse, which focuses exclusively on supporting African crypto startups, to personal trips of Cardano founder Charles Hoskinson to the continent and meetings on tour with state presidents, everything signals Cardano’s ambitious plans to promote its technology in this part of the world, underdeveloped in terms of view of cryptography, but with great human potential.

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Cardano’s African connections are not limited to private companies. Last year, blockchain parent company IOHK announced a partnership with the Ethiopian Ministry of Education, and Hoskinson himself held meetings with the presidents of Zanzibar and Burundi.

If Cardano’s presence in Africa continues to grow at this scale, there is no doubt that the blockchain will gain a strong foothold in the continent of 1.5 billion people and secure a fair share of the crypto market.



Credit : u.today

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