10 ventures to showcase the exciting future of Web3, FinTech and DeFi in Africa at the upcoming Africa Money & DeFi Summit in Ghana
The Africa Money & DeFi Summit has announced the final shortlist of exciting ventures who will Pitch Live on stage in West Africa to over 400 fintech and crypto leaders, in Accra on September 27th – 28th. The West African edition of Pitch Live has attracted over 200 submissions and strives to showcase leading ventures…
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Metaverse Magna raises $3.2M at a $30M valuation to build Africa’s largest gaming DAO
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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Polygon joins Africa Money and Defi Summit, Ghana 2022
Polygon is the leading blockchain development platform, offering scalable, affordable, secure, and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone, and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted,…
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What Does Ethereum’s Transition to PoS Mean for Polygon
Originally published by Polygon With Ethereum’s switch to proof of stake (PoS) slated for mid-September, Polygon thought it would be appropriate to take a moment and look around, to admire how far Web3 has come. Now is a time to celebrate the builders and dreamers who’ve worked relentlessly on the margins to summon a more…
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Skrmiish, a SA gaming startup, receives a US$2.5 million seed round
A US$2.5 million seed round has been raised for Skrmiish, a mobile “play-to-earn” software located in Cape Town that allows players of all skill levels to earn money in every match they play across the AAA+ games they like. Investors in the round so far confirmed include Launch Africa Ventures, Blockchain Founders Fund, and Stellar…
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Crypsense Digital Group, First African Web 3 Startup to Qualify for Draper VeChain Accelerator Program
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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African Metaverse Opens Up to the World
Africarare Africa’s first metaverse has opened up to the world and is poised to unlock African creativity and connect Africa to the global digital economy. At a recent event in Johannesburg, plans were announced for commercialisation of the 3D virtual reality experience, that is set in Ubuntuland, a virtual world that marries creativity, cryptocurrency, and... Read Article →
Cardano Accelerator Adaverse Invests in Afriguild’s Mission to Onboard Africans Into Web3
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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