Megatech
Megatech helps remedy Africa’s and the world’s power issues, by using blockchain expertise, MGT gives token holders with monetary rewards on photo voltaic fields owned by the corporate. The primary area, referred to as undertaking Beta, is a 60MW photo voltaic farm and can embody 100MWh of state-of-the-art storage expertise to make sure most profitability and the chance to promote inexperienced renewable power at peak charges to blue-chip listed entities; which have already signed commitments for offtake.
Moreover, 40% of all monetary positive aspects realized from this undertaking and future pipeline tasks will vest within the MGT (PTY) LTD custodian firm which fiduciary administrators independently handle on behalf of the token holders who take part within the efficiency staking program.
Yellow Card
Yellow Card was based in 2016 by Chris Maurice and Justin Poiroux with the concept of enabling Africans at house and overseas to purchase and promote cryptocurrency utilizing their native forex by way of financial institution switch, money, and cell cash.
The startup was formally launched in 2019 in Nigeria the place it has over 35,000 retailers and was stated to have processed greater than US$165 million in crypto remittances in 2020 alone. That very same yr, it expanded operations to South Africa and Botswana and raised $1.5m seed funding to launch its providers in Kenya and Cameroon.
Yellow Card is the simplest manner to purchase and promote Bitcoin, Ethereum and Tether immediately at the very best charges with zero charges.
Stellar
Based in 2014, Stellar is a longtime blockchain community that goals to “financial institution the unbanked”. That is particularly necessary in Africa, the place residents nonetheless do not need entry to core banking and monetary providers.
Because of this Stellar is seeking to construct an infrastructure all through Africa that can join folks to the monetary system. With that stated, Stellar already has the community in place to facilitate quick, environment friendly and scalable transactions. For instance, regardless of the place the sender and receiver are situated, Stellar transactions usually take lower than 4-5 seconds to verify
