Yesterday, South African music giant, Cassper Nyovest signed yet another impressive business deal, this time with Bitcasino as the new official ambassador. Bitcasino is a crypto-based online platform.
Although Africa receives only 2% of the global value of all cryptocurrencies, the rapid growth will transform financing in an increasingly digital & urban sub-Saharan Africa.
A blockchain data platform found that between July 2020 & June 2021, Africa received $105.6 Billion worth of cryptocurrency payments. A 1200% adoption rate. The fastest globally. Nigeria, Kenya & South Africa are among the tops 10 African countries for cryptocurrency users.
This partnership will also seek to demonstrate the adoption of pop culture into the crypto world to drive cultural capital & equity. Another similar indication of how cryto-based companies are embracing music culture is the recent partnership between Global music superstar Drake & Stake.
Another global Hip Hop icon Nas. The QueensBridge Venture Partners was an early investor in Coinbase, joining the company’s $25M series B round in 2013. Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated to be around $40M.
Our new ambassador, our latest friend. Welcome home, DON. ❤️#BitcasinoXCassperNyovest @casspernyovest pic.twitter.com/NWQ1vj7Jvx
— Bitcasino.io (@Bitcasinoio) May 31, 2022
I'm on board for a casino experience like never before with #Bitcasino!
— Don Billiato (@casspernyovest) May 31, 2022
Change the way you play: https://t.co/5cr4aDZKx4 #BitcasinoXCassperNyovest pic.twitter.com/Z53GFUX9z4
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