Sovereign Frontier

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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Afropolitan | How to Start a New Country

The idea of creating a digitally decentralised network state was non-existent and would have seemed abstract and unachievable without the influence of blockchain technology and web3. 
This episode features Eche Emole, founder of Afropolitan,. An alumnus of Flutterwave, Eche is bringing his experience in building and a 10-year wealth of knowledge growing African communities in diaspora to build a network that features the best that Africa and the diaspora offer across art, finance, tech, and media. 
Eche shares his vision to establish the world’s first network state through Afropolitan. The vision is to create a country that first exists as virtual communities of Africans, achieve critical mass as a fully functional network state, and then manifest physically in representative geographic locations across the world. 
Eche states the fundamental role of blockchain technology and web3 in achieving this goal.  The project will leverage web3 principles of decentralisation, ownership of information, as well as blockchain principles of immutability, governance and transparency to build a virtual country, with the goal to showcase the best Africa has to offer, spanning various industries. 
Leveraging existing infrastructure to manifest mass physical impact across African cities by correcting defects that currently exist in African countries, especially as relates to governance and availability of equal economic opportunities.
The creation of an effective network state will potentially eliminate biases that have become associated with Africa and progressively, create a country where there is equality, accountability and transparency in leadership and in internal processes. All of these efforts are targeted at building an Africa that Africans can be proud of. 
If you enjoyed this episode, please leave us a rating/review.The Bankless Africa show highlights projects, ecosystems, and people making an impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between
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 (DYOR). 
 
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Sats & Gwei 10 | Bitcoin Village in Nigeria..! Polygon partners with web3 ladies & More

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
The markets seem to be swinging sideways with significant depreciations in the value of major digital assets across-board. Local crypto communities however, remain bullish on the potential blockchain technology holds. 
The pace of innovation in the African blockchain space is not slowing down. A solution to effectively tracking ethical commodities has been created via a partnership between Watr and Parity Technologies. This decentralized technology is key to creating a more open internet which can provide transparency and bolster confidence in the quality of traded commodities. 
The Central African Republic continues to achieve milestones in its blockchain space, following the successful launch of its national cryptocurrency. Other African countries are not excluded from these advancements, with Binace moving to open a South African bank account as an expression of increased commitment in the country’s crypto affairs. 
Interests of global blockchain technology companies in Africa remain on the rise, with Polygon, in league with others, announcing its willingness to partner with web3 communities whose missions are geared towards encouraging adoption in Africa. 
With ideation for wider applications of blockchain technology in electoral processes, the creation of a bitcoin village in Nigeria, and the involvement of even more firms with efforts directed towards increasing blockchain technology and adoption in Africa, growth is not slowing down
 
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If you enjoyed this episode, please leave us a rating/review.
 
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, always do your own research. 
 
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Pillow Fund | Benefit of Crypto Savings for Africa

Decentralized finance has evolved to include the robust range of services that were once native to TradFi. 
Arindam Roy is the founder of Pillow Fund, a DeFi platform that makes crypto investment possible for the ordinary person. With a wealth of experience as a crypto investor, community builder and educator, Roy is keen on helping others discover the vast possibilities defi offers to the world of finance.
Pillow is a crypto-powered investment repository that allows users to have a unique experience investing in vetted crypto protocols and earning yields. Through the creation of unique best practices, the fund ensures the security of its users whether the market is in a bull or bear.
The risks with crypto investment, including hacks and scams are eliminated through secure hedging of funds and boycotting high-risk financial practices such as the offering of uncollateralized loans. This ensures the creation of a secure environment for people to safely invest without fear of loss. 
The fund employs instruments to avoid pitfalls that currently exist in traditional financial institutions which makes investors prone to loss and has measures in place to ensure that users gain the most in a bull, and stand a near zero risk of loss in a bear.
Arindam mentions that perhaps the most attractive feature of the service is that it is fully liquid and allows users full control over their assets with no barriers to funding or withdrawals. 
The goal of Pillow is to help users build a strong investing culture which will translate to wealth creation in the long term. This will be achieved by providing access to vetted,  high yield tokens and protocols with guaranteed returns on investment. 
User education is key to adoption of decentralized finance technologies. Through its established online communities, pillow aims to  onboard many more people to the world of decentralized finance through education of people about what DeFi really is, and the potential it holds for the future of finance. 
 
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
The Bankless Africa show highlights projects, ecosystems, and people making an impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between.
 
Use these links to download and get access to Pillow. 
Website: https://pillow.onelink.me/aX5O/inxa8xk5 
Twitter: pillow fund
Telegram : http://T.me/pillownigeria 
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 (DYOR).
 
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Sats & Gwei 09 | The most crypto obsessed nation in the world is Nigeria!!

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
The uncertainties surrounding crypto still cause some misconceptions all over the world. Africa is not left out as the UN trade body called for the halt of cryptocurrency rise in developing countries. Citing these currencies as financially unstable, the body believes they will cause economic risks.
The CEO of Binance, Changpeng Zhao (CZ), met with the current President of the Central African Republic to discuss crypto adoption and the regulatory framework. CZ seeks to launch a blockchain awareness and education program across Francophone Africa. Also, the Central African States Bank declared its support for the national cryptocurrency nobel initiative.
In other news, Nigeria continues to record high figures in transactions despite their cryptocurrency bans. Between January 2021 and June 2022, Nigerians exchanged N497.35 billion ($1.16 billion) in Bitcoin, demonstrating the growing importance of the virtual currency in the country.
Through funding and grants, the Celo Foundation aims to help African startups scale. Startups can communicate with established partner venture capital firms with the aid of the Celo Africa Web3 Fund to seek funding for scaling business operations. BitDAO is also looking to fund AfricaDAO with $20 million for Web3 adoption in Africa. They joined Polygon and Synthetix to be partners with Africa DAO, which is a new investment fund created to advance Web3 development.
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
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. 
 
Follow our Twitter https://twitter.com/Bankless_Africa
 Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjoFollow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233Join us on telegram https://t.me/banklessafrica
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DeSciWorld | Science Decentralised & Unabridged - Joshua Bate & Jelani Clarke, PhD

To what extent can blockchain and the decentralisation of scientific processes influence the trajectory of traditional science?
This episode features Joshua Bate, a founder of the DeSci World project, and Dr Jelani Clarke, a core contributor. Joshua’s interest in the sciences comes from an interest in streamlined processes, with DeSci World, he is now seeking to explore new possibilities for making science more people based, giving people like Dr Clarke an opportunity to work with global scientists, while potentially being funded by genuine supporters.
Website: DeSci.World 
Twitter: https://twitter.com/DeSciWorld https://twitter.com/JelaniC3https://twitter.com/jb87ua
 
They speak on the far reaching influence of science in virtually every aspect of our physical world. The project seeks to correct the structural deficiencies and visible pain points with modern science which are as a result of a purely centralized system, notably, impediments to accessing funding, funding bias, contributor discrimination and limitations to exploring new areas for research work. 
The DeSci world project is founded on the strong belief that knowledge from & through science should flow freely without barriers, and also that science should be used as a force to ensure an evolution that puts people first. Science should be purely driven by a motive for true, authentic research and as a force for public good, devoid of external political influences that could purport untruths.
The project will thrive off apolitical funding methods for funding research through contributions from persons interested in that research as well as a general openness to global contributors. 
Community mediated governance is a key structure that should exist, it ensures that ethics and best practices in research are preserved and adhered to. There is also the need to implement ideals such as proof of identity and KYC for the purpose of protecting the research ownership rights of researchers, and adding an extra layer of security for community members, such that harmful research does not pass.
DeSci world aims to implement a merging of web3 technologies into the open science space through Web3 tooling, certain DeFi-type processes and blockchain mechanisms to improve on the existing structures of traditional science, all as a step forward to ensure a free, fair and more equitable scientific ecosystem.
To read more on the possibilities of the decentralised science space, the https://ethereum.org/en/desci/ has some useful information.
 
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Sats & Gwei 08| Celo Africa web3 fund launches in Kenya, Nigeria’s Naira hits all time low & more

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
An attempt to create bad publicity around cryptocurrency to discourage its widespread adoption  has been debunked by a South African professor, with mass adoption of blockchain technology continuing to break records all around Africa, despite the bear market.
Cryptocurrency and blockchain technology continue to display unrelenting potential as a force for financial inclusion and accomplishing common social goals, with entrepreneurs in the web3 space using the technology to raise funds for social good projects and bridging the financial gap. 
The wave of rising inflation and depreciation of local currencies in Africa has wept over the Nigerian naira, cursing it to plunge to new all-time lows in recent times. The country’s financial regulatory body has blamed speculators for the failure of its initiatives to rescue the naira. 
The African blockchain space continues to record wins, including the launch of the Celo Africa Web3 fund in Kenya and the very recent triumph of a group of first year students in a blockchain hackathon organized by a swiss blockchain firm in South Africa. 
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
 
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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Sats & Gwei 07 | Inflation sours in South Africa, more people seek to invest in Crypto, Near blockchain trains devs & more

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
Blockchain networks are beginning to leverage the rate at which Africans are adopting cryptocurrency. Cardano is one of such, as they aim to onboard Africans by supporting their crypto start ups. 
The Central African Development Bank aims to advance monetary integration by creating a common digital currency. On the other hand, the Central African Republic (CAR) launched their Sango coin. But the project got off to a rocky start.
In other news, South Africa's inflation hit 7.4%, the highest in 13 years. This must have heavily swayed the result of a survey conducted that shows that more than half of South Africans would invest in crypto if banks provided a platform for knowledge acquisition.
Nigeria, boasting the second largest market for cryptocurrencies in Africa, prides itself on having the best Bitcoin regulations in Africa. This happens after the Central Bank of Nigeria (CBN) developed a stream of policies and regulations aimed at making the digital asset space safer for current players and potential investors in the space.
A graduation ceremony was held in Kenya as 25 certified developers graduated after learning to deploy smart contracts on the NEAR blockchain. This event was sponsored by Web3 Clubs, a leading African Web3 Training Initiative.
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
 
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, always do your own research. 
Follow our Twitter https://twitter.com/Bankless_Africa
 Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjoFollow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233Join us on telegram https://t.me/banklessafrica
Subscribe to our newsletter https://banklessafrica.substack.com/
Learn more about crypto and web 3 on our website https://banklessafrica.com/