Let's talk about Liquidity Provider (LP) tokens. You might have heard the hype, perhaps even waded in yourself. They’re the backbone of decentralized finance (DeFi), non-fungible tokens (NFTs) that represent your portion of a liquidity pool on a decentralized exchange (DEX). Deposit crypto, get LP tokens, earn fees. Simple, right?...
Is liquidity mining the gateway to decentralized finance for Africa, or a siren song tempting naive investors to unsafe shores? Let's be real – the answer, like most things in life, isn't a simple yes or no. This equation is filled with world-changing potential. At the same time, it poses...
Now, picture a world where sending remittances to your relatives in Africa doesn’t break the bank because of outrageous service fees. Their shared vision is a world where small businesses of all stripes can conveniently get the capital they need to grow and prosper. Could Ripple’s recent launch of their...
Now picture that same young mother in rural Kenya, where food is still in short supply. Picture her making a decent income because she’s got skills at a blockchain game. She buys and sells game assets and grazes in a virtual agrarian economy her family had no access to. This...
Africa’s narrative is more often told to it than by it. We hear a lot about the deficits, from poverty to infrastructure. The creativity and innovation developing from within seldom receive the recognition they merit. DeFi offers a chance to write a different tale. It gives us the political space...
Africa. The continent of untold promise, held back by fiscal architectures designed for another age. We're talking about a place where mobile money isn't just a convenience, it's a lifeline. An economy in which getting basic access to financial services often requires overcoming a labyrinth of cost, red tape, and...
The hope of a new global financial system unencumbered by the shackles of legacy institutions. A new mobility system that is truly open to everyone with an internet connection—no matter where they live or what their income level may be. For most Africans, this is a thrilling new development. It...
Let's be honest, the traditional financial system isn't working for everyone. Particularly not for the young Africans who are working to build a new future. What if I said there’s a much better, cheaper way. Now, you too can skip the gatekeepers and get started building generational wealth from the...
Can a digital token really create the economic equality promised on a continent still wrestling with legacy financial disparities? That’s the question flying around XRP and its ambitions to change Africa. So can it, I believe, but only if we face the challenges head-on and commit to responsible implementation.Financial Inclusion:...
Meet Amina, a 24-year-old entrepreneur living in Lagos, Nigeria. She wants to be able to get her own small business off the ground selling her handmade clothing, but access to traditional loans is out of reach. Lending banks demand collateral she doesn’t possess and charge interest rates that would financially...