Coin Afriq is a South African startup aiming to change the way finance works across the continent. While many cryptocurrencies and blockchains (a distributed public ledger) are built without considering Africa’s unique challenges, our project is designed specifically with our experience as people born and raised here. We believe these new technologies don’t have to be scary and can truly benefit many people.
Why Cryptocurrency?
Traditional banks have often failed many communities in Africa. Access to banking and lending facilities is limited, which makes it hard for many to meet their basic needs. Cross-border payments, which many families rely on, are slow and costly with traditional institutions. We’ve also seen the devastating effects of hyperinflation, as in Zimbabwe, where a simple item like bread can cost millions.
Crypto, and Coin Afriq specifically, offers a solution. All you need is internet access, which is widely available on mobile devices across Africa. Payments are much quicker and cheaper. Furthermore, because it’s not subject to centralized banks, it’s not affected by the conflict or corruption that can directly cause inflation.
The Growing African Crypto Market
The crypto market in Africa is experiencing significant growth. By 2026, it’s projected that there will be 77.76 million users in Africa, up from a current 5.50% of the population to 5.90%.
This growth represents big money. The revenue of the crypto market in Africa is currently around $4.8 billion (R84.46 billion), and it’s projected to grow by 6.75% annually. By 2026, this could reach $5.1 billion (R89.74 billion).
This trend shows that more and more people are adopting crypto, especially in South Africa and Nigeria, where regulations are being developed to ensure user safety.
What Makes Coin Afriq Different?
Our team is from Africa, and our project is designed to help the average person. You don’t need to be a tech genius or have a lot of wealth to participate—just a phone or computer and an internet connection.
Our coin is unique because it rewards users based on their merit and reputation. Participants who validate transactions are democratically voted for using a system called Nominated Proof of Stake (NPoS). What truly sets us apart is our focus on integrating with traditional finance; our project is being built to seamlessly connect with banks using a new standard called ISO-20022. This means you can participate without needing expensive, energy-consuming computer equipment.
The Benefit for Early Adopters
Once we are ready to go to market and have ensured full regulatory compliance, we will hold a pre-sale at R6.80 ($0.39) per coin. Our projected launch price is R10.00 ($0.57) per coin, which could offer early buyers a potential return of around 32%. For example, if you were to buy 1,000 coins for R6,800, your investment could be worth R9,967.15 at launch, giving you a potential profit of R3,167.15.
We also have massive long-term potential, including pan-African expansion, multiple income streams, partnerships, and a long-term gold peg. For more information, please check out our website at https://coinafriq.org.
How to Invest
If you want to be part of a transformative project that can help people in Africa and has huge potential, we’d love to have you on board. We are currently in our pre-seed funding round, which means we need capital to finish the project and list the coin. Individuals, venture capitalists, or groups pooling their resources are all welcome to contribute.
We are open to offers and look forward to hearing from you.
Feel free to contact us at info@coinafriq.org or visit our website at https://coinafriq.org. We have our business plan, company profile, roadmap, whitepaper, and tokenomics available on our website for anyone interested to view.
We look forward to hearing from you!