NIGERIA’S HASHGREED RAISES $1M FOR NFT AND ASSET TOKENISATION DEVELOPMENT IN AFRICA

Nigeria’s NFT marketplace, Hashgreed, has just raised more than $ 1 million in funding, projected to help the organization scale beyond its Nigerian market. Hashgreed is a multipurpose Super Dapp and NFT platform under the Krosscoin monetization platform.

With Hashgreed, individuals and businesses can use its web3 tool to develop creative assets and commerce tokenization; it is also designed to host DeFi and WorkFi solutions.

The platform allows users to sell and purchase artwork NFTs through Hashdealz. In addition, freelancers who use stablecoins and crypto can earn and save in dollarsstable coins. It also gives easy accessibility to NFT in Nigeria through its own Naira stable coin, with plans to release more stable coins in other African nations’ currencies.

Efosa Ighodaro, founder and CEO of Vinekross Technology Limited, a conglomerate of Krosscoin Ecosystem, mentioned that the raised funding would help Vinekross to trail its registration with Nigeria Securities and Exchange Commission, SEC, in preparation for an Initial Coin Offering, ICO, event coming up soon.

Ighodaro reiterated that “Vinekross is determined to be the most prominent native blockchain ecosystem and community in Africa, through very safe and sound tokenomics and governance where the KSS holders govern all outstanding tokens. We want to be a company trading on the Nigerian Stock Exchange in a few years.