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crypto and blockchain development, as a new startup ecosystem emerges to help solve the region's most pertinent challenges. Africa is rapidly building a reputation as the hotspot of the crypto-tech world. The emergence and adoption of blockchain technology over the years have sparked much interest in what promises lie within the notable invention. Blockchain startups will have to offer attractive perks to blockchain developers to keep them within the continent and work for African companies, here is the list of 3 blockchain projects.
Megatech: Megatech helps solve Africa's and the world's energy problems, by utilizing blockchain technology, MGT provides token holders with financial rewards on solar fields owned by the company. Furthermore, 40% of all financial gains realized from this project and future pipeline projects will vest in the MGT (PTY) LTD custodian company which fiduciary directors independently manage on behalf of the token holders who participate in the performance staking program.
Yellow Card: Yellow Card is the easiest way to buy and sell Bitcoin, Ethereum, and Tether instantly at the best rates with zero fees. Launched in Nigeria in 2019, Yellow Card provides users in Africa with access to bitcoin (BTC), ether (ETH), stablecoins, and other cryptocurrencies. Yellow Card is the best executing team on the continent. Reaching the one million goal is fantastic. It was a massive goal that we set for ourselves, and the team rallied to make it happen.
Stellar: Founded in 2014, Stellar is an established blockchain network that aims to "bank the unbanked". The main mission of Stellar is to bring financial services to the unbanked. To fulfill this mission, the protocol is focused on being as versatile as possible for an open and transparent financial future. With that said, Stellar already has the network in place to facilitate fast, efficient and scalable transactions.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
