Top 7 African Cryptocurrency Projects- Overview

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World’s Largest Crypto Trading Competition Breaks Records Despite the Bear Market
World’s Largest Crypto Trading Competition Breaks Records Despite the Bear Market

Listing the best African cryptocurrency projects has not been so difficult, though. The startups that we listed have shown potential in the first months of existence to diversify the use of blockchain and a high number of users in a short time.

We also took in mind the growing rate, investment funds, global availability, and startup ideas.

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Which are the best African cryptocurrency projects?

Before we list the best African cryptocurrency projects, we have to point out that some of the most popular and stable cryptocurrencies exist in Africa. While you check which projects are most available and simplest for use, you should learn about the new funny and interesting crypto to invest in. You can play the game and show your creativity thanks to them, aside from earning money.

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Tamadoge

Tamadoge is a new meme coin with utility, a combination of the P2E game and Metaverse, the next Dodge and Shiba Inu model of playing. In an aspect of Metaverse, the game include pets, where each of them has its own 3D rendering. P2E aspect presumes to play where more time spent bringing baby Tamadoge; you earn more rewards. The most valuable reward relates to skill level in battle with other pets. In that way, the game leverages the brand recognition of Doge with a 100x growth opportunity. It is an innovative use of NFTs with Tamadoge pets and the “Tamaverse.” However, the game is more of a Play and Earn game than the classic Play-to-earn model since it attracts gamers that are not oriented toward cryptocurrency. You will be able to mine, feed, and care for Tamadoge pets. The game has anti-rug pull, controlled by a smart contract audited by Solid Proof. The game is already highly popular, with more than 15k followers on Twitter and 12k on Telegram.

The basic game is oriented toward keeping Tamadoge pets. You care about it from birth to adulthood. You will be able to buy pets using the app next year in a special store, and you can buy no limited number of pets. Those stores will also sell food, clothes, toys, and cosmetic items for your pet. The reward for caring for your virtual pet is Dogepoint, and you can battle with them to move up on the leaderboard. During the fourth quarter of 2023, developers will provide a mobile app that will make playing and caring about the pet easier. The game uses NFT to create each pet unique, with its individual characteristics, randomly assigned.

Buyers will enjoy no vesting period with mitigated dumping. Beta presale started July 25 and should end on September 2, followed by general presale expected in the fourth quarter of the year. You will be able to buy TAMA (native Tamadoge coin) with ETH and USDT by using Metamask or Trust Wallet, with no limitations in terms of minimum and maximum investments. However, the recommended minimum is $150, and unlike Axie and other P2E tokens, the TAMA is a deflationary token. There are no taxes on TAMA transactions. TAMA revenues are split on 5% burn, 30% marketing and development, and 65% P2E prize pool. The total supply is 2,000,000,000, 50% for presale, 30% unlocked over 10 years for project development, and 20% for listings on DEX and CEXs.

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 Battle Infinity

Battle Infinity is one of the most popular P2E multiple battle games based on the gaming platform. It combines gaming, DeFi, and NFTs, and you can play one of the most profitable cryptocurrencies at this moment, presuming to become one of the best African cryptocurrency projects. The model creates a special ecosystem with different options for players, creators, and artists. Since the game is integrated into the IBAT Battle Arena with their Metaverse world, you can combine different plans and aims. As a matter of fact, you do not need to play games at all. The space allows you to explore virtual reality through the game, interact with other players, watch them play, and perform along with them. You can create your own avatar or details inside of the game. All of that, you can sell as an NFT token and become an artist in this virtual space.

By using Battle Infinity’s built-in marketplace, you can play with other players online and take benefits from a decentralized and transparent process. You can create through the game, sell, and earn from the special NFT market. Upgrading your avatar could be a piece of art, as well as uploaded photos, virtual landscapes, and all you can invest for passive income. You can also advertise on the platform and simply play the game. If you become a member of Battle Infinity’s Telegram group, you can earn 20% of the total $IBAT supply, which presumes a lot of advantages for upcoming presales.

How to buy Battle Infinity (IBAT) in presale step-by-step guide

The process is slightly different from buying other cryptocurrencies. Finally, the pre-sale is handled directly by the publisher, on the pre-sale platform specially created for this purpose. Experience has shown that with the following steps you have IBAT tokens in your wallet in less than 10 minutes.

1. Open the Battle Infinity pre-sale website

First, the crypto investors visit the Battle Infinity pre-sale page. Here the crucial windows open immediately.

2. Buy Binance Coin

The IBAT Coin is designed as a BEP-20 token and runs on the Binance Smart Chain. This means that one must own Binance Coin in order to buy IBAT. If you have this in your wallet, you can proceed directly. On the other hand, one should first buy BNB – for example via the online broker eToro, which does not charge any commission and allows a crypto purchase in less than 10 minutes. 

3. Connect wallet to Battle Infinity

The next step is to connect the wallet to Battle Infinity. This is possible with the Metamask Wallet or the Walletconnect function. It is important that the corresponding wallets have been switched to the Binance Smart Chain.

4. Select the desired amount of IBAT and complete the purchase

Now select the desired amount of IBAT. You can see directly how many Binance Coins are required. For example, if you want 250,000 IBAT tokens, you have to invest around 1.5 BNB. One last click on “Buy IBAT” and the purchase is complete.

Yellow Card

Yellow Card is not a particular cryptocurrency, but it is one of the best African cryptocurrency projects. The company was formally launched in 2019, although the first model had been made three years before. The creators are Chris Maurice and Justin Poiroux, both dedicated to enabling Africans at home and abroad to purchase and sell Bitcoin as their local currency. They were able to use bank transfers, cash, and mobile money.

The Nigerian company now has more than 35,000 merchants that circulate $165 million in crypto remittances in 2020. During this year, though, they expanded operations to South Africa and Botswana, raising $1.5 million in seed capital. It opened new services in Kenya and Cameroon. It is expected that the company will add new capabilities and facilitate more news and details. Thanks to the long list of languages, including Igbo, Arabic, Afrikaans, French, Hausa, Luganda, Mandarin, Portuguese, and Swahili, the app is available to a long list of clients.

Polkadot

One of the common comments about the Polkadot is that it is a blockchain of blockchains, with the main objective to facilitate the new networks. For those reasons, we believe that it is one of the best African cryptocurrency projects. The building of new networks should make the job easier for developers, too. Developers can create new blockchains and work in concert with current ones. They do not rely on complicated bridging protocols. This network also enables it to be entirely configurable without sacrificing safety and security. It is not the end of the growth of the Polkadot since they will power the Web 3.0 revolution.

Solana

It is for sure that Solana is not only one of the best African cryptocurrency projects; it is one of the fastest crypto networks around. The research and implementation of Solana are allowed by dApps and smart contracts. You can operate these tokens on a proof-of-history and a proof-of-stake consensus scheme. It is the reason why the project has more than 50,000 transactions each second, without bugs and problems.

It is supposed to be the first network that utilized smart contracts, so today has more than 350 different projects running on this network. It restored more than 17,000% of its value in the previous year. All the above have placed Solana on the list of the 10 best currencies in Africa, with $53 billion in value.

Akon City

Akon City is created in Senegal, making an amazing $6 billion in a short time. The project was released on November 11, 2020, and began trading on the Bittrex Global network. The native currency called (AKN) people will be able to use as a paying method in Kenya next year. One of the best African cryptocurrency projects, Akon City, has 20,000 workers who also get their salaries in this currency. The project goes further since the developers have plans to make a metropolis with 35,000 citizens and 2,000 retails.

Bitsika

Bitsika was created in 2018 by two Ghanaians, Atsu Davoh and Samuel Boahen. With 1,000 users, it sounds amazing that the project has earned over $700,000 in revenue so far. As one of the best African cryptocurrency projects, Bitsika makes transactions between selected African countries in Ghana, Nigeria, Cameroon, Gabon, Senegal, Ivory Coast, Mali, and Mauritius easier. Those transactions are without charges within a specific transaction threshold. One of the best features is that users can trade in local currencies, along with the US dollar, and in cryptocurrencies, like Bitcoin. They can use bank transfer, cash, and mobile money, whatever make their trading easier and more comfortable.

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Conclusion

Choosing the best projects to invest in is not easy, so you should be extremely careful. When listing the best projects for this purpose, we have taken in mind a few important factors. Among them are growth rate, investment funds, global availability, and startup ideas. However, you should consider investing in some of the most interesting games and platforms where you can show more than simply playing capacity. You can earn money by playing games or creating your own avatar. It is the reason why we put Battle Infinity and Tamadoge on the list of the best African cryptocurrency projects.