Cardano continues its African campaign despite bear market
Cardano’s African campaign continues to gain momentum. This time it was announced that Adaverse, Cardano’s ecosystem accelerator, participated in the seed funding round of Afriguild, an African blockchain gaming guild and decentralized autonomous organization (DAO).
The organization’s presence currently spans nine cities in Nigeria, the third largest country in Africa with a population of over 200 million people. By the end of the year, Afriguild also plans to expand into four more countries on the continent. In total, Afriguild aims to attract 100 million Africans into the crypto and web3 space.
Cardano puts Africa high in its plans
Cardano’s intentions for Africa are indeed serious, and the latest news adds to that impression. From the creation of Adaverse, whose activities are aimed solely at supporting African crypto start-ups, to the personal travels of Cardano founder Charles Hoskinson on the continent and meetings on tour with the presidents of states, everything points to the Cardano’s ambitious plans to promote its technology in this part of the world underdeveloped in terms of cryptography but massive in human potential.
Cardano’s African connections are not limited to private companies. Last year, the blockchain’s parent firm, IOHK, announced a partnership with the Ethiopian Ministry of Education, and Hoskinson himself had 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 the blockchain will gain a strong position in a continent of 1.5 billion people and secure a fair share of its crypto market. .
