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This is how Cardano plans to attract 100 million Africans to the cryptocurrency arena

Posted on November 29, 2022 by admin

This is how Cardano plans to attract 100 million Africans to the cryptocurrency arena

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Answer This is how Cardano plans to attract 100 million Africans to the cryptocurrency arena

Cardano’s African campaign continues to gain momentum.

This time, done Advertising Adaverse, an accelerator of the Cardano ecosystem, has recently participated in the seed funding round of Afriguild, an African blockchain gaming guild and decentralized autonomous organization (DAO).

The organization’s presence currently extends across nine cities in Nigeria, the third largest country in Africa with a population of over 200 million.

By the end of the year, Afriguild also plans to expand into four other countries on the continent.

In total, Afriguild aims to attract 100 million Africans to the world of Crypto and Web3.

Read:Indonesia plans to tax cryptocurrency transactions

Cardano ranks Africa highly in its plans, which is what we have already mentioned in previous articles on Arab Bitcoin.

Cardano’s intentions for Africa are already serious, and the latest news reinforces this impression even more.

Adaverse aims to support crypto startups in Africa, as well as the personal trips of the founder of Karadno to the continent and his meeting with heads of state.

Everything points to Cardano’s ambitious plans to promote its technologies in this part of the world that is underdeveloped in terms of crypto adoption but huge in terms of human potential.

Cardano’s African connections are not limited to private companies.

Last year, the 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 on this scale, there is no doubt that blockchain will gain a strong position in a continent of 1.5 billion people and secure a fair share of the crypto market.

Read:Bitcoin records a new yearly low amid strong liquidations

Read also:

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