Sats & Gwei 04 | Celo launches Web3 Fund for Africa, Binance CEO visits West Africa & More...

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!

The markets seem to have been hit by a ray of hope over the course of the past week, with major cryptocurrencies in the green zone, while the Fiat currencies have remained relatively stable.

Binance and Celo are at the forefront of implementing strategies that will foster inclusivity in the African blockchain and cryptocurrency space. Through initiatives such as the Binance vision fund and the Celo Africa web3 fund, these organizations aim to bolster crypto involvement amongst individuals and ensure that startups have the resources they need to innovate. 

Amidst rising incidences of cryptocurrency scams and ponzi schemes, innovation in the African blockchain space remains on the rise. The launch of the H2ON token, which is aimed at improving water delivery systems using blockchain technology, and the mara wallet, which aims to bridge the crypto involvement gap in Africa are laudable initiatives. Despite cryptocurrency bans and strict regulations in many African Countries, adoption continues to project upwards, with Nigeria and Kenya leading the pace. 

This episode touches on emerging innovative trends in the African blockchain space, the unwavering faith of the community and the potential for more that can be realized using cryptocurrency.

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Sats & Gwei is a BanklessAfrica podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.

 

Disclaimer:

None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember, always do your own research. 

 

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