Africa’s Crypto Revolution: Leapfrogging into the Future

In this episode, we explore the frontier of crypto in Africa and the immense potential for both the continent and the crypto industry. Africa has a unique ability to leapfrog technologies, just as it skipped landlines and embraced cell phones. The dialogue revolves around crypto adoption in Africa and a network state project called Afropolitan, which aims to build an Afro-centric digital nation.

Yoseph Ayele discusses the opportunities that Web3 can provide in terms of financial stability, access, identity services, and credit facilities for Africa. He believes that Africa will be the first to reach a billion Web3 users. Eche Emole shares insights on Afropolitan, highlighting the project’s focus on crypto, network states, and the creation of Afro-centric hubs worldwide.

Both guests express unwavering optimism and articulate the transformative power of these developments. This engaging and enjoyable discussion sheds light on Africa’s trajectory in the crypto landscape and the potential for uplifting individuals and communities.

——
🚀Join Ryan & David at Permissionless II in September.
https://bankless.cc/GoToPermissionless

——
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
⁠https://k.xyz/bankless-pod-q2 ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
⁠https://bankless.cc/MetaMask

⚖️ ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

👾POLYGON | VALUE LAYER OF THE INTERNET
https://polygon.technology/roadmap

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku

—-
Timestamps

0:00 Intro
1:20 Goosebumps

5:15 YOSEPH AYELE
7:55 Why Africa Needs Crypto
15:15 Bringing Infrastructure
18:40 Stablecoins and Trust
22:20 Global Crypto Culture
28:00 Providing Essential Services
32:30 Adoption in Africa
37:00 Leapfrogging Technology
42:00 Becoming Borderless
47:45 Raising a Fund

53:00 ECHE EMOLE
55:00 Afropolitan
1:00:00 Africa is Primed
1:09:15 The Afropolitan Roadmap
1:15:45 Redrawing the Maps
1:19:30 Diaspora
1:28:45 The Team
1:33:05 Hope for Crypto

——
Resources

Yoseph Ayele
https://twitter.com/yosephayele?s=20

Afropolitan
https://twitter.com/afropolitan?s=20

——
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

(Visited 39 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eos
EOS (EOS) 0,772647 4,40%
aave
Aave (AAVE) 86,67 6,81%
the-graph
The Graph (GRT) 0,270895 9,68%
kusama
Kusama (KSM) 31,16 5,55%
waves
Waves (WAVES) 2,46 4,00%
dash
Dash (DASH) 29,47 5,12%
bitcoin
Bitcoin (BTC) 61.085,89 1,45%
ethereum
Ethereum (ETH) 2.981,93 3,75%
cardano
Cardano (ADA) 0,476087 4,07%
tether
Tether (USDT) 0,938442 0,09%
xrp
XRP (XRP) 0,495772 3,10%
solana
Solana (SOL) 141,53 5,07%
polkadot
Polkadot (DOT) 6,76 6,57%
usd-coin
USDC (USDC) 0,937480 0,06%
dogecoin
Dogecoin (DOGE) 0,153608 4,72%
uniswap
Uniswap (UNI) 7,38 3,93%
terra-luna
Terra Luna Classic (LUNC) 0,000103 7,30%
litecoin
Litecoin (LTC) 80,05 3,64%
chainlink
Chainlink (LINK) 14,02 6,79%
bitcoin-cash
Bitcoin Cash (BCH) 482,71 7,42%
algorand
Algorand (ALGO) 0,179046 7,68%
matic-network
Polygon (MATIC) 0,690695 7,95%
stellar
Stellar (XLM) 0,108705 2,12%
cosmos
Cosmos Hub (ATOM) 8,13 4,71%
filecoin
Filecoin (FIL) 6,29 6,83%
tron
TRON (TRX) 0,104162 0,96%
ethereum-classic
Ethereum Classic (ETC) 26,42 6,72%
dai
Dai (DAI) 0,939379 0,24%
tezos
Tezos (XTZ) 1,00 7,10%
monero
Monero (XMR) 113,99 2,50%