New Crypto Venture Fund to Invest in African Startups

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The co-founder of Crypto for Black Economic Empowerment (CBBE), a group of 100 Black founders and creators, today announced the launch of a new crypto venture capital fund: Audacity.
Audacity Fund I is set to distribute money to African crypto startups, with a particular focus on decentralized finance (DeFi), the term for blockchain-based projects that cut out financial intermediaries like banks so that people can lend, borrow, and trade with one another directly. 

100 years after the thriving black community in Tulsa Oklahoma #BlackWallStreet was bombed, I’m elated that black visionaries can re-emerge via crypto, never to be destroyed and only to build the future we want to see.
Let’s gooo!!! Cheers to the next years!
— Erikan (@heyerikan) June 17, 2021

“As exciting and interesting as blockchain and crypto is today, it’s still one dimensional in terms of the participants,” the fund’s founder, Erikan Obotetukudo, told Decrypt. At the same time, she said, “Fundamentally, crypto i

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Źródło: https://decrypt.co/73900/new-crypto-venture-fund-invest-african-defi-startups

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