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Nigeria’s HashGreed Raises $1 Million for NFT Platform Expansion
HashGreed, which is not only a NFT marketplace, but also a multipurpose NFT and super dApp platform, has raised more than $1 million in funding towards scaling across Nigeria and beyond
The Hashgreed platform is designed to help both individuals and businesses experience Web3 solutions for creatives, commerce, and asset tokenisation. It is describes itself as a multi-purpose dApp platform for file, agreements, email certification along with NFT marketplace, DeFi, and WorkFi solutions.
The platform supports a variety of functions, incuding:
SEE ALSO: South African NFT Platform, Momint, Turns $1.2 Million 1800s Krugerrands Gold Coins into Fractionalized NFTs
Hashgreed also makes NFTs accessible to Nigerians via its own Naira stablecoin called $HASH, and plans to release stablecoins of several major African currencies shortly
Moreover, Hashgreed is built on Krosschain Ecosystem which incorporates a blockchain, various other dApps, and a launchpad program.
Efosa Ighodaro, Founder and CEO of Vinekross Technology Limited, the parent company of Krosscoin Ecosystem, said the funding will enable Vinekross to pursue registration with the Nigeria Securities and Exchange Commission (SEC) as it prepares for an ICO event in the coming months
In a statement, Efosa said:
“Vinekross is determined to be the largest native blockchain ecosystem and community in Africa, through very safe and sound tokenomics and governance where all outstanding tokens are governed by the KSS holders. We would like to be a company trading on the Nigerian Stock Exchange in a couple years.”
– CEO, HashGreed
Hashgreed is currently running the ‘Hash Africa Campaign’ where it aims to onboard 100,000 users by October 2022.
RECOMMENDED READING: NFT Artists Can Still Make $121 Monthly in the Bear Market, Says Latest July 2022 Research
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