Sats & Gwei 11 | first Africa metaverse opens to the world, Blockchain tech provides jobs, solves problems, and More

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!

The blockchain space continues to grow on a daily basis. Crypto education is getting more widespread as various organizations continue to arrange for events, bringing Web3, crypto, DeFi, and NFTs to a larger audience.

Binance, the world’s largest cryptocurrency exchange by transaction volume, announced that they will be allowing both deposits and withdrawals in the South African Rand. This, they hope, will increase accessibility and adoption of crypto within the region. Binance also launched a crypto education hub in Cameroon. The exchange platform continues to expand its reach in Africa.

With the year winding down, we are beginning to see the last string of events held by blockchain organizations. The Africa Money and DeFi Summit is set to take place in September, as well as the Crypto Fest 2022, which will be hosted in Cape Town. Topics surrounding DeFi, NFTs, and crypto are sure to be discussed, and people will also engage in some side activities that promise to be a lot of fun.

In other news, the Built with Bitcoin Foundation constructed a school in Kenya. The non-profit organization is looking to provide access to clean water, nutritious food, and quality schools for the locals of the communities where they set up these structures. Yellow Card, a Nigerian crypto start-up also launched a payment service to simplify money transfers, giving Africans an opportunity to send money across borders.

 

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Sats & Gwei is a BanklessAfrica podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.

 

Disclaimer:

None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 

 

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