Home Blockchain101 AFROCHAIN Private Sale is LIVE ! – The First Descentralized Blockchain For Africa With An Ecosystem

AFROCHAIN Private Sale is LIVE ! – The First Descentralized Blockchain For Africa With An Ecosystem

17 min read


Invest in Afrochain Token (AFR) & give back the power in the hands of people of Africa. Help build the Afrochain blockchain ecosystem and provide access to financial services for all.

To use Blockchain Technology to improve the lives of people of Africa and friends of Africa. To Bank the unbanked by giving them access to financial services through Education and equipping individuals and merchants with tools and access to the Afrochain ecosystem.

AFROCHAIN is the first blockchain for Africa. It is the first step toward building a free economy for everyone, giving back the power in the hands of the people of Africa and Africa diaspora. An entire ecosystem is to be built on the AFROCHAIN blockchain. AFROCHAIN native coin is called Afrochain Token (AFR), a Afrochain Token suitable for African-market usage in line with its vision to provide access to financial services for everyone. Users will be able to their own project on the Afrochain mainet. The Afrochain ecosystem will enable users to have access to education, payments, exchange, trading and investing, and lots more.

Now Private Sale is Live! Available for Private Sale : 7,5​00,000 AFR. Start 15. Aug 2018 — End 30. Sep 2018

Visite Private Sale Page: https://afrochain.co/index/2018/08/13/afrochain-private-sale/

With about 250 million immigrants in the world sending over $600bn to support their friends and families back home every year, the remittance business is at the middle of all the transactions, a significant source of funding for many individuals and families across the world. However Immigrants face two significant challenges when executing cross-border and local money transfers:

– Cost
The cost of remittances is punitively high. Transferring money via banks and traditional international money transfers operators could cost from    7-12% of the value transferred.

– Visibility
Over 40% of remittances are intended for specific uses like food, clothing, medicine, school fees or utility bill payments. Senders want to ensure Afrochain platform connects senders directly to the merchants that serve their recipients’ basic needs back home. A new token, Afrochain token (AFR) will enable senders to purchase digital vouchers (AfroGifts) that can be delivered to billions of their recipients across the world instantly via SMS or e-mail. These vouchers can be spent directly for goods and services from Afrochain ecosystem of partner merchants within their community. The service will significantly reduce the cost of transfers, while ensuring that the recipient receives the appropriate value as intended by the sender.that their money is being utilized for its intended purpose.

A Distributed payment and trust solution on the Ethereum blockchain, leveraging smart contract technology which will later be transferred to Afrochain platform. The payment solution works flawlessly together with our Distributed trust and reputation system. Merchants will be able to accept Ethereum based crypto currencies and exchange them with traditional (fiat) currencies. Afrochain token (AFR) solution will enable Merchants and customers to participate in global Distributed commerce with total trust.

Afrochain Specifications:


About NileChain Foundation
The NileChain Foundation is a private exempted company incorporated and is intended to become a fully decentralized autonomous organization (DAO). The NileChain Foundation will issue a new Cryptocurrency, Nile, to enable a decentralised financial system for Africa emerging market consumers. However, due to the infancy of the crypto governance space, the NileChain Foundation will assist with providing a governance forum, administer and maintain the Nile token economy and its ecosystem in the short-term.
The Nilechain project will be built on the Afrochain mainnet and will be home to an entire ecosystem that will change the live of African people and create wealth for all.

Now Private Sale is Live! Available for Private Sale : 7,5​00,000 AFR. Start 15. Aug 2018 — End 30. Sep 2018

Visite Private Sale Page: https://afrochain.co/index/2018/08/13/afrochain-private-sale/

The Real Estate Industry
“A House for everyone in Africa”
Nile Foundation is charity leveraging blockchchain technology to build a decentralized real estate and rental ecosystem that will develop quality affordable houses and use blockchain technology (Nilechain)  to make buying, selling and rental process of properties less costly and more convenient and secure.

Housing Problems in Africa
According to a research carry out by UNICEF in 2017, Over the next 15-20 years, Africa’s population will grow by 40%.
Millions of Africans will need shelter – a roof over their heads.
This huge population boom is the strongest underlying reason for the huge demand for accommodation and real estate properties across Africa.

According to the world Bank, an estimates of over 16 million new houses need to be provided to solve Nigeria’s serious housing problem alone, and  the estimated cost of providing these homes stands at a whopping $350 billion! That’s too much for any one government to handle!

NileChain platform will allow end users to use the NileChain tokens to buy, sale, rent, manage properties and ultimately pay rent and utility bills.

Bridging the huge housing gap for over 100Million people in the continent living in temprory structures – through developemnt of affordable building at affordable cost.

The international investors will be able to access the Huge African real estate market through the HouseAfrica platform property portfolio, they’ll also be able to buy, sell and manage properties from anywhere in the world.

Water Project

PROBLEM: Some sources estimate over 1 billion people, or about one-sixth of the world’s population, do not have access to fresh water.  The lack of access to fresh water has negatively affected education, sanitation, and health.

443 million school days are lost each year due to water-related diseases.

In developing countries, as much as 80% of illnesses are linked to poor water and sanitation conditions.

695 million, of a global 2.4 billion people living without improved sanitation facilities, live in Sub-Saharan Africa.

Exposure to unsafe drinking water, inadequate sanitation and poor hygiene is a leading cause of cholera, and a variety of infectious and tropical diseases in the African Region.

Half of the world’s hospital beds are filled with people suffering from a water-related disease.

Nearly 1 out of every 5 deaths worldwide, under the age of 5, is due to a water-related disease.

SOLUTIONS: Nile Foundation is creating the decentralised water funding with the help of blockchain technology and leading water innovators, to dramatically improve the quality of water worldwide. Money raised through the Nile Foundation will help build water pump projects to enable access to water, where it is most needed.

Bill Payment:
Pay bills and school fees in the Nilechain Market for free. The Nilechain Platform will allow cashbased consumers into the digital financial economy. The Nile token is fractionally divisible and more isolated from the volatility of local currencies and global cryptocurrencies. Consumers will be able to engage in the Nilechain ecosystem by making transfers using their own token wallets, via the Nilechain Platform, or through other partner applications that make use of the Nilechain API. Upon launch, the Nile token will have immediate utility within the Nilechain Financial Platform where a user can transfer Nile token to other Nile users for free, remit across borders, and redeem Nile for airtime, data, and other value-added services.

Now Private Sale is Live! Available for Private Sale : 7,5​00,000 AFR. Start 15. Aug 2018 — End 30. Sep 2018

Visite Private Sale Page: https://afrochain.co/index/2018/08/13/afrochain-private-sale/

Nile Foundation will facilitate the building of road in Africa

Supply chain:
Can we improve current supply chain systems?
Organisations do not entirely trust each other meaning that they can modify their own database which contributes to the loop of dishonesty. However, by applying a blockchain solution, organizations will be forced to reach a consensus for every modification and/or transaction they do which will be seen by all of them in this public database. Hence, this might increase productivity given that issues such as frauds will disappear leading to a sustainable growth while maintaining the quality of the product. Ethiopia is a suitable example of this blockchain solution given that farmers frequently have issues for knowing whether the product arrived, the customer paid or a possible case in which the product has been lost. As such, a shared database will allow farmers to trace products and record all transactions.

By providing the educational tools that simplify and demystify digital currency, we help individuals and merchants to understand and use the cryptocurrency.
according to experts, the following process is used to implement blockchain in developing countries:
1) Beginners mind: one assumes that one has no knowledge leading to learning as much as possible
2) Team: finding the right people is a vital step. Partnering with universities and ministers of science and technology might be optimal. Once one partners with them, it will become easier to ask for the most educated individuals.
3) Teach uneducated people: ask the team to teach people from developing countries all they need to know about how these technologies work.
4) Analyse problems: after providing the knowledge to the local people, it is important to discuss with them the problems that they are facing in a daily basis with the aim of seeking solutions by applying these technologies.
Nile foundation is on a mission to bring blockchain education in the whole of Africa. This will be done through events, seminars, workshop and conferences. Nile Foundation will partners with schools, businesses and government agencies in order to make this possible.

White Paper: https://afrochain.co/AFROCHAIN_WHITEPAPER.pdf

website: www.afrochain.co

Medium: https://medium.com/@afrochain.dev/afrochain-private-sale-ae8544d0e166

Bitcointalk: https://bitcointalk.org/index.php?topic=4886741

GitHub: https://github.com/afrochain


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