RATE Group | South Africans get first dibs on SAFCOIN, an exclusive African cryptocurrency
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South Africans get first dibs on SAFCOIN, an exclusive African cryptocurrency

03 Oct South Africans get first dibs on SAFCOIN, an exclusive African cryptocurrency

Posted at 11:04h in Cryptocurrency News by

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A total of 500,000 SAFCOIN tokens are available exclusively to South Africa during the ICO. This gives South Africans an opportunity to invest in SAFCOIN during the lucrative start-up phase, before the remaining 5 million crypto coins are listed on an exclusive African exchange. At the same time, tokens purchased during the ICO will be migrated to coins. ICO ends on 31 October 2018.

“Blockchain cryptocurrency is a confusing and unfamiliar concept to many Africans, which is preventing widespread adoption,” says Neil Ferreira, CEO and co-founder at Safcoin.

“With SAFCOIN, we hope to educate more people about the benefits of cryptocurrency and help them understand how and where to trade, so that they can be part of the global digital currency revolution and Africa’s cryptocurrency history.”

More than just a cryptocurrency

The lack of cryptocurrency knowledge in Africa meant Africans lost out on opportunities to invest in start-up currencies…

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