$1 M raised by Nigeria’s Hashgreed for NFT & asset tokenisation expansion in Africa
The Krosscoin Ecosystem’s Hashgreed, a Nigerian NFT marketplace, multifunctional NFT, and super dapp platform, recently received more than US$1 million in investment for expansion outside of Nigeria.
The Hashgreed platform makes web3 solutions for asset tokenization, commerce, and creativity more accessible to both people and corporations. DeFi and WorkFi solutions are also hosted on the platform.
Users can create, sell, and buy art NFTs; shop on Hashdealz, its web3-powered e-commerce category; own fractional real estate NFTs; hire and pay freelancers using crypto and stablecoins; save and earn in dollar stable coins $BUSD and $KUSD; send money to others via African stablecoins; and much more. Hashgreed also provides Nigerians with access to NFTs through the $HASH stable currency it has created for the Naira, and it soon expects to introduce stable coins for numerous important African currencies.
The money would allow Vinekross to seek registration with the Nigeria Securities and Exchange Commission (SEC) as it gets ready for an ICO event in the coming months, according to Efosa Ighodaro, founder and CEO of Vinekross Technology Limited, the parent business of Krosscoin Ecosystem.
“Vinekross is determined to be the largest native blockchain ecosystem and community in Africa, through very safe and sound tokenomics and governance where the KSS holders govern all outstanding tokens. We would like to be a company trading on the Nigerian Stock Exchange in a couple of years,” he said.
