Organisers of Africa's leading cryptocurrency and blockchain conferences.
Blockchain Africa Conference: 16-17 Mar 2023 | Johannesburg and Crypto Fest: 24 Nov 2023 | Cape Town
๐ In the venture capital world, a unicorn is a privately held company valued at $1 billion! ๐ฆ Coined in 2013 by venture capitalist Aileen Lee, this term highlighted how rare these companies were.
๐ธ She sifted through 60,000 software & internet-based companies funded by VCs between 2003 and 2013 and discovered that only 39 of those start-ups reached that elusive $1 billion markโจ
๐ Brace yourself for a deep dive into the beating heart of #innovation! Join us at #CryptoFest2023 for a groundbreaking panel: "Current State of Web3 Venture Capital in Africa." ๐๐ฐ
๐ Altcoins and stablecoins are both types of cryptocurrencies, but they differ in several key ways.
#Altcoins are simply all are highly volatile #cryptocurrencies other than #Bitcoin, and have different features and uses than Bitcoin, such as faster transaction times or #smartcontracts. Altcoins are also used for #investment purposes, which is not a typical use case for stablecoins.
#Stablecoins are a type of altcoins that are designed to maintain a steady value. They are typically pegged to the US$ or other #fiatcurrencies. Stablecoins are beneficial for people who want to use cryptocurrency but donโt want to deal with the price volatility of typical altcoins. Stablecoins are mainly used as #paymenttokens not investments.
๐ฌEducation drives adoption so let us know what else youโd like to learn!