Hashgreed, a Nigerian NFT marketplace, multifunctional NFT, and super dapp platform that is a part of the Krosscoin Ecosystem, has just raised more than US$1 million in funding for expansion.
For creative, commercial, and asset tokenization purposes, the Hashgreed platform was built with individuals and corporations alike in mind.
DeFi and WorkFi solutions are also hosted by the platform.
In addition to creating, selling, and buying art NFTs, users can also use web3-powered e-commerce to shop on Hashdealz, own fractional real estate NFTs, use crypto and stablecoins to pay freelancers, save and earn in dollar stable coins $BUSD and $KUSD, send money to others using African stablecoins, and do a lot more with their money.
The funding will allow Vinekross to pursue registration with the Nigeria Securities and Exchange Commission (SEC) as it gets ready for an initial coin offering (ICO) event in the coming months, according to Efosa Ighodaro, founder and CEO of Vinekross Technology Limited, the parent company of Krosscoin Ecosystem.
Through very safe and sound tokenomics and governance, where all circulating tokens are controlled by KSS holders, Vinekross is aiming to be the largest local blockchain ecosystem and community in Africa. In a few years, we would like to be a corporation that trades on the Nigerian Stock Exchange,” he stated.
Hashgreed also provides Nigerians with access to NFTs through the $HASH stable coin it has created for the Naira, and it soon expects to launch stablecoins for numerous important African currencies.
Read more on Tech Gist Africa:
Ubenwa, a healthtech startup, has raised $2.5 million in pre-seed funding
Cartona, an Egyptian B2B Ecommerce Platform, secures $12 million in funding
Bizao, a fintech startup based in the Ivory Coast, raises $8.2 million
