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The Top 3 African Blockchain Projects

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Megatech helps resolve Africa’s and the world’s power issues, by using blockchain know-how, MGT gives token holders with monetary rewards on photo voltaic fields owned by the corporate. The first discipline, referred to as venture Beta, ​​is a 60MW photo voltaic farm and can embrace 100MWh of state-of-the-art storage know-how to guarantee most profitability and the chance to promote inexperienced renewable power at peak charges to blue-chip listed entities; which have already signed commitments for offtake.

Furthermore, 40% of all monetary positive factors realized from this venture and future pipeline initiatives will vest within the MGT (PTY) LTD custodian firm which fiduciary administrators independently handle on behalf of the token holders who take part within the efficiency staking program.

Yellow Card

Yellow Card was based in 2016 by Chris Maurice and Justin Poiroux with the concept of enabling Africans at residence and overseas to purchase and promote cryptocurrency utilizing their native foreign money through financial institution switch, money, and cellular cash.

The startup was formally launched in 2019 in Nigeria the place it has over 35,000 retailers and was mentioned to have processed greater than US$165 million in crypto remittances in 2020 alone. That identical yr, it expanded operations to South Africa and Botswana and raised $1.5m seed funding to launch its companies in Kenya and Cameroon.

Yellow Card is the simplest manner to purchase and promote Bitcoin, Ethereum and Tether immediately at the perfect charges with zero charges.

Stellar

Founded in 2014, Stellar is a longtime blockchain community that goals to “bank the unbanked”. This is particularly essential in Africa, the place residents nonetheless would not have entry to core banking and monetary companies.

This is why Stellar is wanting to construct an infrastructure all through Africa that can join folks to the monetary system. With that mentioned, Stellar already has the community in place to facilitate quick, environment friendly and scalable transactions. For instance, regardless of the place the sender and receiver are positioned, Stellar transactions typically take lower than 4-5 seconds to affirm

 

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