The metaverse became the famous catchphrase after Facebook changed its name to Meta in October 2021. To prepare for Facebook's rebranding, the social media giant invested $10 billion in a new reality lab branch by 2021. The plan is to create metaverse content, software, and AR and VR devices, which CEO Mark Zuckerberg believes will be as common in the future as smartphones.
How many African countries are looking at central bank digital currencies, and how far are they?
Only Nigeria has an active CBDC, South Africa and Ghana have a CBDC in the pilot phase while Mauritius and the Central African Republic have CBDCs coming soon
Known as the African Startup League, the initiative will empower 10,000 African-owned enterprises to compete for a grand prize of $1 million, where each business will build technologies on the blockchain.
The present crypto market crush is similar to a traditional bear market in that it drives weaker start-ups out of business while allowing stronger firms to mature and validate their insights.
Individual African countries cannot devise a worldwide plan to foresee the growth of private transnational digital currencies amidst crypto regulation needs because of their small economies.
The AfyaRekod Universal Patient Portal offers a secure, decentralised, multilingual and intelligent telehealth solution, health resources, symptom trackers, reminders and notifications, as well as the mobility of the record across multiple channels and devices.
Adanian Labs works with tech start-ups that are still just ideas. It gives them full support, including money, advice, and help with running the business.
It puts up to US$120,000 of its own money into these new businesses. By the end of the one-year programme, the start-ups should have launched a product, onboarded customers, and have repeat customers. They should also have a clear revenue model and have raised seed funding or be close to doing so.
With little historical background compared to more traditional investments, Bitcoin and other cryptocurrencies qualify as riskier assets due to their volatility.
Shopify has added a store feature, token-gating that allows NFT creators to have exclusive access to merchandise and content based on verifying ownership of NFTs
Partnering with Christiano Ronaldo and Khaby Lame will allow Binance to capture a big audience in the football and TikTok scenes. Football is the most-watched game in Africa and the world at large. TikTok is the fastest-growing social media video uploading site globally.
