Since 2021, Adaverse has established a solid market presence in both Africa and Asia. Connecting the two regions in view of their involvement in the wider Web3 ecosystem, Adaverse develops funding, strategic and technical infrastructure support for blockchain entrepreneurs at every stage of their development. With the drive to promote the integration of Cardano
Adaverse: Cardano’s official accelerator for Africa
As a key part of Cardano’s global strategy, Adaverse will be able to call on business and technical resources from EMURGO, Cardano’s commercial arm, and IOG, Cardano’s development company, giving the company unprecedented access to the Cardano ecosystem. preexisting And it benefits both the company’s portfolio and its investment partners.
In addition to Cardano, Adaverse benefits from external resources and expertise through its structure as a joint venture between EMURGO and Everest Ventures Group (EVG), a technology builder across Asia. This allows Adaverse to expand into other markets. and synthesizes Asian expertise with Web3’s innovative development in Africa.
In terms of investment, Adaverse looks for startups in the seed and Series A stages with the required MVP and revenue. Capital amounts are usually between $100,000 and $750,000 depending on flexibility depending on company requirements and guidelines.
In addition to fundraising, Adaverse is able to draw on the abovementioned technical, strategic and operational expertise to accelerate the company through project development. tokenistic design creating a plan legal advisor and community development and marketing. This created a holistic development program for startups in the earlier stages. It builds the best foundation within the Cardano ecosystem with clear scope for growth.
Especially in Asia, Adaverse has adapted to the more developed Web3 sector. Including supporting infrastructure projects Whether it’s Layer2 protocols, DeFi companies, NFT platforms, and DAO architectures, Adaverse’s expansive network provides rapid access to Cardano’s wider ecosystem. with an emphasis on liquidity support
So Adaverse is not just an investor or an accelerator for development. but a full sponsor for early-stage companies. by connecting them with various ecosystem partners to grow
Overview Review 2022: Cardano, the bridge connecting Africa to Asia
Over the past year, Adaverse has invested in and accelerated more than 35 companies in a variety of sectors: Web3, Exchange, NFT, Game-Fi, DeFi, Proptech, etc. These companies are spread across more than 10 countries, showing significant market penetration. It has never been seen before across Africa and Asia.
In Africa, the focus is on companies adding real-world, tangible value to clear consumer flaws. It represents companies such as Afriex, Seso Global, Ejara, Canza Finance and Cassava Network.
- Afriex: A stablecoin payment platform that offers multi-currency support for the African remittance market.
- Seso Global: Blockchain-based secure real estate, document and transaction management platform for the African real estate market.
- Ejara: an investment platform designed specifically for French-speaking Africans. Cryptocurrencies are included. Tokenized stocks and bonds and equities under one roof.
- Canza: an emerging market bank that provides financing for small and medium enterprises through the local currency market in Africa.
- Cassava: Web3 Infrastructure Headquartered in Africa which provides products, namely the token reward network; digital identity system User-controlled data configuration file and crypto-currencies and NFT wallets specifically designed to empower content creators.
As a more developed market Asia is an area for Adaverse to explore more infrastructure-focused startups such as Kaya Labs, Conjure Games, and REAP.
- Kaya Labs: A “Web3 as a service” infrastructure provider that aims to make Web3 data accessible and interpretable, with enterprise-class APIs that provide real-time access to simple, parameterized blockchain data for developers to developers. business decision makers
- Conjure Games: A Web3-based game studio founded by Tim Fields, a gaming industry legend and former CEO of Kabam YGG, as well as an advisor and first investor.
- REAP: Payment technology company that provides end-to-end enterprise financial management solutions for Web2 and Web3 companies.
And this year, Adaverse continues the spirit of being a ‘home hub’ for early-stage companies. along with being “Program Hub” is launched for portfolio companies that need on-demand access to internal and external accelerator resources.
Adaverse also featured its full portfolio of companies in its podcast series: ‘BuildUp Africa’. Offer your own products to explore their journey and discuss the benefits of Cardano for their solution.
Why choose Africa?
crypto users Where are the billions of additional people?
They are in developing countries that lack financial instruments such as Africa, Asia and Latin America. They represent both challenges and opportunities at the same time.
It is for this reason that Adaverse, which started in 2021, chose to develop itself in Africa. while bringing the convenience of the Cardano ecosystem and blockchain to this fertile land. The Cardano ecosystem is slowly taking root in Africa and has attracted a sufficient number of seed users. This has laid a solid foundation for Cardano and blockchain technology to further seize opportunities in Africa.
Moreover, Adaverse is dedicated to connecting the African market with other global markets such as Asia and the US. and until now The company has established an investment model and trading channel in Asia. This not only helps Asian companies penetrate the African market. but also bring high-quality African startups to the world. It enables users and investors worldwide to participate in Africa’s growing dividends.
As a result, Adaverse has offices and teams around the world. including Nigeria, Dubai, Singapore, Hong Kong, Shanghai and London. Adaverse’s international network of partners provides the perfect conditions for finding top projects and nurturing talented teams. or in other words, The presence of an international network of partners streamlines the management of top-level project procurement. and provides international marketing and public relations support.
Adaverse Outlook to 2023
Overall, Adaverse has made great strides over the past few years. By combining official resources from EMURGO and Cardano:
This not only strengthens the team and portfolio. It also created strong awareness of the Adaverse and Cardano brands in Africa and Asia.
and has also expanded its business scope all over the world Come and participate in the Cardano ecosystem project as soon as possible. and get high returns
“Cardano” and “Africa and Asia” rely on each other and achieve mutual success through each other. The combination of the two will continue to be the main investment model for Adaverse in 2023.
Besides Africa Southeast Asian markets such as Vietnam and Thailand. Yet it is becoming an area of potential and untapped that Adaverse will explore in greater depth in 2023.
compared to the well-funded European and American regions. Most of the grassroots startups in Southeast Asia and other regions face the problem of insufficient development funds. This is an inevitable challenge for Adaverse to promote the wealth of the Cardano ecosystem, but also an opportunity for Adaverse to promote Web3.0.
Moreover Despite all the new stories about new public networks, in 2022 Cardano has been performing outstandingly in the crypto market. And at the same time, it has completely entered the era of smart contracts.
Against this backdrop, Cardano in 2023 should emerge as a new source of innovation and profitability, with smart contracts as the new growth driver. “Projects” and “Funds” will inevitably become an increasingly important “core” in the Cardano ecosystem.
Currently, the dApp matrix on different types of networks is gradually improving as evidenced by the continued growth of DEX and Stablecoin, the creation of Web3 infrastructure for remittance payments and the freelance marketplace, etc. are gaining. pressure as well Both sectors are waiting to be sparked in both technological and sensuous terms.
So it is truly Adaverse’s vision to help great startups in Africa. south east asia And other regions share dividends from the continued development of the thriving Cardano ecosystem. It is also an advantage for Adaverse compared to other existing traditional investment institutions.
Conclusion
Growing steadily, by 2023, the entire Cardano ecosystem and regions such as Africa and Southeast Asia. Both are hotbeds with huge growth potential.
Against this background, Adaverse expects to further develop and invest more than $6 million by 2022 while establishing bases in Africa and Asia. To expand the breadth of the Cardano ecosystem, see if it can achieve a return on investment beyond 2022 and total valuations in excess of $10 million.
About Adaverse