Web3 platform partners with self-custody wallet to broaden crypto adoption in Africa
Cassava Community — an African Web3 platform targeted on nonfungible tokens (NFTs), gaming and loyalty rewards — has launched the third model of its platform, that includes integration with noncustodial sensible contract pockets UniPass, permitting customers to make use of electronic mail addresses as an alternative of seed phrases and fuel.
In a transfer to onboard Africans from Web2 to Web3, the partnership permits customers who create Cassava accounts to robotically enroll on UniPass, and have entry to holding, sending and receiving on-chain digital belongings throughout a number of Ethereum Digital Machine blockchains.
In an interview with Cointelegraph, Cassava Community co-founder Mouloukou Sanoh defined how African customers and companies can use the brand new model to enter the Web3 area.
“With Cassava v3, we now have made it straightforward for African customers to work together with their favourite Web2 and Web3 manufacturers. As customers work together with these manufacturers, they earn each CB Cash and different on-chain rewards specified by companions.”
Sanoh added that whereas CB Cash — the reward tokens used within the community — exist off-chain for the time being, customers will be capable to swap them for on-chain belongings quickly. CB can then be used to buy live performance tickets and thriller containers on the platform.
Concerning the usage of the Cassava v3 for companies, Sanoh mentioned, “Cassava v3 supplies a channel by which companions can develop their African market”. Enterprise manufacturers who associate with Cassava Community can even create communities on the community through the use of the brand new “neighborhood” function to get engagement and followership on completely different platforms by job creation for customers to have interaction in and earn rewards.
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Throughout the interview, Sanoh defined how the brand new model may enhance the enterprise financial system in Africa. Sanoh mentioned, “Cassava v3 serves as a bridge for world Web3 companies to attach with African Web2 customers.” Sanoh additionally talked about that, to date, 90% of the companions partaking with the neighborhood function of the Cassava v3 are African companies.