Blockchain has shown massive growth over time and this has prompted many blockchain startups who believe the technology is the beginning of a change in Nigeria.
Also, blockchain has pushed for tremendous growth in Nigeria which has made many even more aware and curious as to how they can be a great part of the wealth of Blockchain.
However, these Blockchain startups make an available, quick and easy way to information as well as operating across multiple areas like Defi platforms and exchanges.
Here are the top 5 Blockchain startups in Nigeria:
HouseAfrica
This blockchain startup elevates convenient, secured, and affordable assets using technology.
HouseAfrica, founded in 2019 with the aim to help banks, individuals, and organizations to verify investments as well as possessions before acquiring them.
This is a real-estate-oriented startup that through technology helps potential investors to make necessary decisions.
Nairaex
Nairaex is the most popular and active Bitcoin exchange in Nigeria however, it serves as a medium for Nigerian traders to purchase or sell the Naira currency for cryptocurrency with convenience.
This startup whose focus is on the Nigerian trade launched in 2015 with the aim to use the power of cryptocurrencies to make available a steady and significant financial economy or system as well as introducing many to the wealth of cryptocurrency.
This startup makes Blockchain trading easy and crystal in rates and pricing.
Bitkoin Afrika
This Lagos-based startup aids ready Nigerians to trade popular cryptocurrencies like Ethereum and Bitcoin.
Bitkoin Afrika was created as a peer-to-peer (P2P) style of trading, aiding users to purchase and sell cryptocurrencies from other users.
The users of Bitkoin Afrika trade based on crypto trade postings in a fast and secure process, however, these traders respond to other user’s announcements that they are open to trading a particular cryptocurrency.
This platform is otherwise known as ‘the intermediary’ because it stands as the bridge between the traders.
All transactions on this platform are commenced and concluded online as well as aided by Naira cards and Naira accounts as well.
Buycoins
As a blockchain startup established on the knowledge of helping Nigerians begin their journey into the open financial structure through technology, they thrive to be the solution to the struggle of spending and acquiring money in Nigeria.
They believe that with our Nigerian currency losing value we need a dependable and significant medium of exchange (cryptocurrency) achieved through the Blockchain.
This Blockchain startup encourages advanced traders, acquisition of more assets at favorable maker and taker fees.
This platform keeps track of all transactions and accessed from any device as well as any physical location.
Ellcrys
Ellcrys pursue to restructure the way innovators work together in Nigeria using Blockchain technology.
This blockchain startup aims to encourage the innovation of new faction-owned software legacies and organizations as well as finding solutions to the difficulties software developers face.
They own an initial coin offering (ICO) with the assurance that the developments and distribution of cryptocurrencies will be more obtainable and friendly.
Finally, they hope to spread out GIT and create a regulation that gives room for multiple people to control as many software assignments.
