BACFID is the innovation-support arm of SiBAN, Nigeria’s blockchain association. Launched at the maiden P2P Conference 2022, BACFID’s mission is to support blockchain & crypto innovations by creating avenues for access to funds and supporting project development, particularly local projects across key industries in order to secure Nigeria’s future in blockchain technology.
“The biggest challenge faced by African blockchain startups is lack of funds and support from investors.” -Franklin Peters, Bitfxt Founder & CEO
Franklin Peters, CEO Bitfxt, came into the spotlight in Feburary 2019, when it was reported that the company got funding of up to $15m (over 5 billion naira) from UK syndicate of hedge funds and UK company, Payitup Clearinghouse. In this exclusive chat, he tells us about his journey and shares his thoughts on the challenges Blockchain/cryptocurrency start-ups experience in Africa. He also gives up a sneak peek into Bitfxt’s plans for subsequent months.
Crowdfunding: Leveraging Crypto for Fundraising is Critical to Economic Growth, says Abikure Tega, Co-Founder, Kurecoin Eco-System and Techpoint Inspired Speaker
Abikure Tega, Co-Founder, Kurecoin in his presentation at the just-ended Techpoint Inspired conference in Lagos, spoke on the ‘Crowdfunding: (ICO, ITO IEO): Leveraging Crypto for Fundraising’. Speaking in a hall…