Metaverse Magna (MVM), a Nestcoin gaming DAO based in Nigeria that distributes mobile games in emerging African markets and builds developer tools for Web3 gaming, has completed a seed sale token round of $3.2 million at a $30M fully diluted value. Investors included South Korean video game developer Wemade, Japan-based blockchain-focused venture capital firm Gumi Cryptos…
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Meta has announced that applications for the AR/VR Africa Metathon in partnership with Imisi 3D and BlackRhino VR are now open. The AR/VR Africa Metathon is a series of programmes and activations under the Meta global XR fund aimed at supporting African XR talents to build innovative solutions that demonstrate various use cases of the…
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Following a sell out Summit in 2022, Africa Tech Summit Nairobi 2023 will again connect tech leaders from the African ecosystem and international players under one roof on Feb. 15-16 2023. The fifth edition will connect 1000+ delegates, 450+ companies and 150+ speakers across three Summits. Network with key stakeholders including tech corporates, mobile leaders,…
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Adaverse, an EMURGO-backed Web3 accelerator focused on Cardano ecosystem adoption in Africa, recently announced its investment in Momint, a Web3 marketplace that makes investing in crypto and NFTs easy for users of all skill levels. Adaverse joined Momint’s highly competitive seed round alongside Outlier Ventures, Mountain Partners, Rob Hersov, and simple.Capital. Adaverse was launched in September…
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Crypsense Digital Group a Kenyan based Digital Assets Capacity Building & Management Platform is among the first African based Web 3 startups to qualify for the Draper VeChain Web 3 Accelerator Program. A 12 Week Accelerator Program delivered globally to high-growth blockchain companies. The team pitched together with some of top 15 globally fastest growing…
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Adaverse, a Cardano ecosystem accelerator set up to encourage the growth of Web3 crypto-native enterprises in Africa, announced its investment into a seed funding round for Afriguild, a blockchain gaming guild-turned DAO (decentralized autonomous organization) providing opportunities for Africans through gaming, education, and community building. Adaverse and EMURGO Africa have joined other notable investors in this…
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