PRESS RELEASE — May 26, 2023 Adaverse, a leading venture fund and Cardano accelerator advancing the growth of cryptonative startups in Africa and Asia, today announced a significant investment in Versus Africa, a pioneering market research startup enhancing access to consumer insights. The strategic partnership aims to drive the transformation…

2023, May 23rd Emerging markets present unique opportunities for cryptocurrencies and blockchain technology adoption. In Africa, cryptocurrencies have become a popular alternative to traditional financial systems, especially for those without access to banking services. In addition, blockchain technology is solving traceability problems in the supply chain, managing identities, and solving ownership disputes.

Amidst the global transformation of transactions, financial inclusion, and economic growth driven by cryptocurrencies, Africa emerges as a region teeming with untapped possibilities. While adoption rates soar in various parts of the world, Africa is steadfastly embracing the power of Web3 tools to shape its own digital economy. Many startups…

PRESS RELEASE — May 17, 2023 Adaverse, the Cardano official accelerator in Africa and Asia, has announced an investment in Fonbnk, a DeFi company powering FX payments through prepaid airtime in emerging markets. Fonbnk is dedicated to promoting financial inclusion, and by integrating the secure and scalable Cardano blockchain, Fonbnk…

Africa, with its rapidly growing population and immense potential, is a diverse continent with unique cultures, linguistic diversity, and uniquely developing consumer behaviours. However, by providing comprehensive data and insights through innovative technologies like blockchain, companies like Versus Africa are helping decision-makers and investors better understand the African consumer, opening…

PRESS RELEASE — May 09, 2023 Adaverse, the Cardano official accelerator in Africa and Asia, has announced an investment in BitSport, a cutting-edge blockchain gaming platform that empowers gamers with earning opportunities and AI-powered games. Leading this pre-seed round, Adaverse will support BitSport’s growth and innovation in its pursuit to…

PRESS RELEASE — May 05, 2023 Since 2021 Adaverse has been establishing a steady market presence in both Africa and Asia, connecting the two regions with a view of contributing to the wider global Web3 ecosystem. …

While the global market for freelancing has been on the rise, Africa has struggled to keep pace due to a lack of basic tools like constant power supply, affordable internet connection, and seamless payment gateways, among other challenges. Despite the continent’s large population, it accounts for only 10% of the…

PRESS RELEASE — May 3, 2023 Adaverse, the Cardano accelerator and leading Web3 venture fund in Africa, has successfully participated in a funding round for Chekkit, a consumer intelligence and anti-counterfeiting App improving traceability in the supply chain for pharmaceuticals and consumer goods companies. …