Nigerian Crypto Startup, AFEN Group raises $1million in Token Sales Round

Nigeria’s crypto startup AFEN Group has raised $1million in token sales round.

AFEN Group is Nigeria’s first government-backed NFT initiative launched by its 27-year old CEO and former banker, Deborah Ojengbede. The platform has been focused on decentralized finance, arts, real estate, and education while acting as a hub for African blockchain-related sales agreements.

According to Deborah, the goal with AFEN is to combine Blockchain’s immutable data structure and governmental bodies to legitimately offer products to its clients. The startup also aims to educate and expose more people to crypto and support careers in Blockchain technology. This vision has spurred the startup to enroll other startups to take up training on areas they are interested in. upon completion of studies, startups are given certificates on crypto education.

The startup also aims to revolutionize the Real estate industry by authenticating homeownership and making peer-to-peer property sales possible on the Blockchain.

According to Deborah, AFEN Group plans to launch a product beta testing later in May as well as roll out its first batches of NFT sales in the same month.