EMURGO x ADAVERSE Blockchain Founders Hangout in Lagos was a Blast

Over 60 startups converged to join the Cardano community.

Adaverse Accelerator
4 min readMay 9, 2022

Adaverse launched the Blockchain Founders Hangout in Lagos to promote the Cardano ecosystem in Nigeria and provide networking and investment possibilities to young technopreneurs. The maiden edition was a smashing success!

Adaverse X Emurgo team. L - R: Godwin Okaformbah, Yosuke Yoshida, Abo Sewuese Susanna, Chuta Chimezie, Shogo Ishida, Bolanle Funmilayo Adedayo

The Event

On the 5th of May 2022, Adaverse in collaboration with EMURGO Africa held the much-anticipated Blockchain Founders Hangout in the bustling city of Lagos, Nigeria. Over 100 attendees were present at the privately-held event specially designed for startup founders to assimilate into the Cardano dynamic ecosystem.

With the early arrival of Shogo Ishida and Yosuke Yoshida, the co-CEOs of EMURGO Africa and Middle East, the hangout attracted a huge crowd of young, ambitious visionaries and blockchain enthusiasts building the future of the African economy on emerging Web 3 technologies.

The incredibly informative and fun event was separated into two segments: an interactive session with presentations from Adaverse as well as EMURGO, and an after-party for networking among the myriads of tech pioneers.

The Presentations

Chuta Chimezie giving his presentation

Chuta Chimezie — partner at Adaverse in Nigeria, kicked off the event with a remarkable presentation on a Playbook for Building A Strong Brand Strategy Bridge for Your Blockchain Startup Business. Over fifty attendees, including startup CEOs and aspiring founders, were present in the conference room to gain in-depth knowledge on how to establish, scale, and receive funding support from Cardano through Adaverse. Chuta emphasised that Adaverse is the ideal accelerator for Cardano-powered blockchain solutions in Africa and provided information on how to get onboard the accelerator program.

Yosuke Yoshida giving his presentation

Yosuke Yoshida — Co-CEO of Emurgo UAE discussed the detailed overview of Cardano’s environmentally sustainable platform for building revolutionary solutions and Emurgo’s work as the commercial arm of Cardano in Africa. Highlighting the strong use case for building Web3 technology on the Cardano third-generation blockchain with various available tools such as Yoroi digital wallet and Fibo NFT marketplace among others.

Shogo Ishida addressing the attendees

Shogo Ishida — Executive Director for Emurgo Africa shared insights on what Cardano offers African tech startups through the Emurgo vision that was kickstarted in 2021 with the $100 million Cardano ecosystem investment capital which is set to invest and support 100 African startups within 3 years.


At the conclusion of the first session, attendees were given the opportunity to ask pertinent questions about the Adaverse accelerator program, funding prospects, and how they could onboard their solutions on Cardano.

The 2-hour event progressed into a much more relaxed after-party where founders, entrepreneurs, CEOs, engineers and all blockchain enthusiasts present interacted with other founders, and the Emurgo team on hand to share dreams, insights and project ideas.

Some of the startups present were Bitpowr Technologies, Koraplay, Deftify, Digitmoni, Bloxmove, Bird Money, Payzapp, ModishX, Basira, TechonomyAfrica, Myfarmpet, Waypoint, Mara, Basira, Diagon Studios, Betalife, Vank, Strich, Canza Finance, Xendbit, Cyberchain, Scalex
Diagon Studios, Naijablockchainlab, Solutech, Filecoin, Mara, Afriguild, etc.

Picture Gallery: Blockchain Founders Hangout Gallery

Apply To Adaverse

ADAVERSE is a catalyst for the Cardano ecosystem in Africa. We invest, mentor and provide tech support for African startups building the next wave of Web3 decentralized applications including NFTs, DeFi, and others on Cardano’s blockchain.

Adaverse provides a strong accelerator program that spans 3 months, with a total of 24 hours of 1:1 mentorship and 12 weeks of intensive training for founders from a team of industry veterans and experts with intricate knowledge of Cardano blockchain development, venture capital, entrepreneurship, and financial markets.

The training program covers a broad scope including:

  • product design for market fit
  • tokenomics
  • technical support
  • Cardano architecture and design principles
  • proper fundraising & listing processes

Adaverse covers early-stage startups ranging from an idea to post-revenue series A ventures. Startups that are in the pre-seed phase can get an investment of $500,000 while projects that are entering their series A funding phase can access up to $2 million.

Adaverse is open for applications year-round for the 3 months acceleration program.

If you’ve got an idea, or have even started growing your business, get in touch with us today. Adaverse is open to applications from founders all year round. Apply Here

Helpful Links:

Email — official@adaverse.co

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Adaverse Accelerator

Adaverse is a Cardano Ecosystem Accelerator that aggregates entrepreneurs, strategists and mentors building its most robust foundation in Africa.