StarkWare šŗš± (@StarkWareLtd): We are thrilled to announce the launch of a $4M Venture Fund led by @Kheireddine_K to accelerate blockchain innovation in Africa.
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We are thrilled to announce the launch of a $4M Venture Fund led by @Kheireddine_K to accelerate blockchain innovation in Africa. Africa is arguably the continent that needs blockchain innovation the most, as it faces some of the biggest financial challenges: high transaction fees, broken financial systems, exclusion from the global digital economy, high inflation, rapid currency depreciation against the Euro & the Dollar, and more. Blockchainās core purpose should be to solve real-world problems, and thatās exactly why we are building Starknet. Now, weāre going bigger to empower African entrepreneurs and builders with everything they need to create blockchain-based startups in Africa. This includes: ā Financial support: Grants up to $150,000 with larger investments available to more advanced teams (generally up to $500,000) ā Ultra-efficient infrastructure tailored to all their needs: Whether directly on Starknet or as Starknet appchains/L3s ā Mentorship & technical expertise to help them succeed This fund will be led by @Kheireddine_K, a seasoned African entrepreneur and investor, with a wealth of experience in the tech ecosystem. If you're based in Africa and have a business idea, an early-stage project, or any blockchain-related initiative, feel free to reach out to him. Itās time to accelerate blockchain innovation in Africa: starkware.co/blog/venture-fā¦