Web3 platform companions with self-custody pockets to broaden crypto adoption in Africa

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Cassava Community — an African Web3 platform centered on nonfungible tokens (NFTs), gaming and loyalty rewards — has launched the third model of its platform, that includes integration with noncustodial good contract pockets UniPass, permitting customers to make use of e mail addresses as an alternative of seed phrases and gasoline.

In a transfer to onboard Africans from Web2 to Web3, the partnership allows customers who create Cassava accounts to routinely join on UniPass, and have entry to holding, sending and receiving on-chain digital property throughout a number of Ethereum Digital Machine blockchains.

In an interview with Cointelegraph, Cassava Community co-founder Mouloukou Sanoh defined how African customers and companies can use the brand new model to enter the Web3 house.

“With Cassava v3, now we have made it straightforward for African customers to work together with their favourite Web2 and Web3 manufacturers. As customers work together with these manufacturers, they earn each CB Cash and different on-chain rewards specified by companions.”

Sanoh added that whereas CB Cash — the reward tokens used within the community — exist off-chain in the intervening time, customers will be capable of swap them for on-chain property quickly. CB can then be used to buy live performance tickets and thriller packing containers on the platform.

Cassava Community customers can straight entry to UniPass pockets because of the brand new partnership. Supply: Cassava Community

Concerning the usage of the Cassava v3 for companies, Sanoh mentioned, “Cassava v3 supplies a channel via which companions can develop their African market”. Enterprise manufacturers who companion with Cassava Community may also create communities on the community through the use of the brand new “group” function to get engagement and followership on totally different platforms via job creation for customers to interact in and earn rewards.

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Through the interview, Sanoh defined how the brand new model might enhance the enterprise financial system in Africa. Sanoh mentioned, “Cassava v3 serves as a bridge for international Web3 companies to attach with African Web2 customers.” Sanoh additionally talked about that, to this point, 90% of the companions participating with the group function of the Cassava v3 are African companies.