Connect with us

Press Releases

INDIGEN, Blockchain for the Indigenous, Launches Token Sale

Published

on

INDIGEN
Images by INDIGEN

Indigen is a blockchain project designed to preserve indigenous cultures and languages; to protect the identities, rights and properties, and to uplift lives of the poor indigenous people.

THE CURRENT SITUATION

Let’s face it, native cultures are slowly fading away because of fast-paced modernization and industrialization.

Languages being forgotten, customs and traditions becoming merely part of history, beliefs and practices of the first people slowly disappearing due to lack of interest from younger generations.

On top of that, countless crimes committed against our poor indigenous people such as land grabbing, rape and murder, and lack of financial, medical and educational support from governments.

OUR PROPOSED SOLUTION 

What if we can change all that, using the latest technology that appeals to the younger generations, which in turn can bring back their interest and reverse the deadly effect of modernization on their very own unique and endangered identities?

Welcome to Indigen Foundation

The very first cryptocurrency and blockchain project designed specifically to uplift the lives of the poor indigenous people, for the preservation of their cultures, and to revive their slowly vanishing identities.

Our vision is very clear, our mission is grand. But without the full support and participation directly from the indigenous population themselves, no one is going anywhere from this very same situation.

That is why we are pursuing a different kind of approach using blockchain that promises a breakthrough and disruptive technology, and offers the most secured, inalterable yet traceable, and decentralized data storage for protecting the identities and properties of the indigenous people.

We at Indigen believe that in order to preserve native cultures and traditions, we must first preserve their languages. That is why this 2019, to coincide with the declaration by the UN as International Year of Indigenous Languages (iyil2019.org), we have started working on a project which involves research and collection of indigenous languages to help revive and preserve various native dialects.

The project is called B.U.I.L.D. which is an acronym for Blockchain Unabridged Indigenous Language Database since we are using distributed ledger technology (DLT) as the repository of data due to the decentralized and immutable nature of blockchain and the ability to time stamp information and to keep track of historical records.

Many think that blockchain is just a hyped promise, with no real impact to our society. We want to prove them wrong, through our series of blockchain projects that will impact both the social and economic aspects of the lives of the indigenous people.

Just like most of the blockchain projects currently, we too came up with our own utility coin to incentivize active participants who will contribute in the research and compilation of the many (and mostly forgotten) languages of the native people. We hope to entice all individuals such as students, teachers and even community elders to make our project a reality by sharing their time and knowledge in the pursuit of our objectives.

The role of our utility coin is to be the primary mode of incentives for individuals whenever they contribute to our collection of native languages, and other activities that will encourage them to actively participate. Likewise, for our partner merchants and institutions, they will need our coin to tap into our database for promoting their services and/or to give donations to whichever indigenous groups they want to support.

Artificial Intelligence Will Play a Key Role

Furthermore, once the data have been recorded on the blockchain, we will apply A.I. or machine learning technologies to allow real-time translations between native languages or tribal dialects. This way, we hope to bridge the gap between various tribes and eliminate the thought of cultural differences and language barriers.

INDIGEN

BUILD is Just the Beginning

For a user to be able to input an entry into the database of indigenous languages, and for a user to upvote an entry, one must be registered and confirmed of their personal identity. This will ensure that all who participate are verifiable human beings and not bots that are simply spamming the system.

This leads us to another potential blockchain project: Digital Identity.

One of the major problems in most of the impoverished nations, especially among the native populations, is lack of proper identification systems which if solved, will have beneficial effects to both the person that needs to be identified and the party that needs to identify a certain person. In cases such as aid provision, loan application and various governmental services, a secure and trustworthy identification process of the beneficiary is very crucial in order to efficiently, cost-effectively, and securely deliver the necessary services or grant to a recipient. So a blockchain-based digital identity system will have huge impact on a global perspective.

From this alone, many other blockchain-based innovative projects can be developed, including an immutable registry of properties to protect the indigenous people from land grabbing by the rich, powerful and corrupt government officials; efficient supply chain management of indigenous products from the farmers to the consumers; fraud-free voting system and more.

There is so much more that needs to be written about this project on a technical level, so we will write the complete specifications on a separate article and they will be made available in progressive phases on our web site. But in summary, our ecosystem will be powered by Indigen coin and all token holders will own a share of the profits that will be generated.

Native languages are slowly being forgotten by younger generations due to fast-paced modernization. Once we start forgetting our native tongue, we will also start to forget our traditions, arts, and history. Through BUILD, we hope to gain back the interest of the younger generations and help preserve their unique identity. Your invaluable support can take us a long, long way.

Indigen Token

To enable us to secure the needed funding for this huge project, we created a token on the Ethereum platform called Indigen ST (IDGT) and launched a token sale or ICO which started on January 1, 2019.

Indigen ST (Symbol: IDGT) is an ERC-20 token on the Ethereum blockchain that will reward its holders of the required amount of IDGT with dividends from our future projects, paid out in ETH using a Smart Contract.

IDGT will be minted as needed, but the maximum supply that will ever be minted is 100,000,000 IDGT only wherein each 1,000,000 IDGT represents 1% of the full shares. Starting 1st January 2019, we offered to sell at tiered pricing up to 40,000,000 IDGT or an equivalent of 40% shares.

TOKEN SALE

  • Initial pricing set for the first 10,000,000 IDGT is at $0.02 : 1 IDGT
  • New Year Bonus on January 1 – 6, 2019 @ 1 ETH = 19,000 IDGT
  • Pre-sale starts January 7, 2019 @ 1 ETH = 10,000 IDGT
  • Token Sale starts February 1 to June 30, 2019 @ 1 ETH = 7,000 IDGT

To learn more about Indigen, and to participate in our pre-sale program, follow the very simple instruction here: https://www.indigen.foundation/idgt

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Continue Reading

Press Releases

Xago Launches XRP Only Gateway And Exchange in South Africa

Published

on

XRP Gateway

Xago, a Cape Town-based fintech company, announced the launch of its Ripple gateway and custom-built exchange in South Africa. The exchange connects to and utilises RippleNet to trade, send and receive XRP only, the native digital asset used by Ripple.

XagoXago has built the exchange in order to create liquidity of XRP in South Africa, acting as the market-making platform for cryptocurrency enthusiasts and businesses that wish to trade with and utilise XRP and the Ripple Ledger. Due to the fast settlement between wallets, RippleNet is a viable option for transferring value between exchanges, reducing exposure to volatility.

Xago was founded by Jurgen Kuhnel (CEO), Sonya Kuhnel (COO) and Mark Chirnside (Chairman) in 2016 and incubated out of CiTi’s Bandwidth Barn in Woodstock thanks to Ian Merrington and his team. The company believes that blockchain technology, and in particular RippleNet, will play a critical role in transforming the payments industry.

‘By solving the double-spending problem the Bitcoin blockchain opened up digital peer-to-peer payments without the need for a trusted 3rd party through the process of mining. Ripple took this one step further and built a faster and more cost-effective decentralised ledger to compete in the high throughput and fast clearing retail and banking environments,’ says CEO Jurgen Kuhnel referring to their choice to specifically focus on Ripple and XRP.

Once the exchange has sufficient liquidity, Xago will launch its payment switch which connects to the retailers through their existing hardware and software systems. Where Xago is utilised, it will replace the need for acquirers and card networks for retailers, and with the use of RippleNet and XRP enable cross-border payments in the future. Consumers will be able to pay for goods and transact at the point of sale using only their mobile and mobile number, bypassing traditional payment rails.

Xago’s mobile number based identity system is built to connect mobile devices, the blockchain, and retailers in one seamless experience. Together with significantly lower transaction fees, the Xago platform is gearing to compete in the high stakes retail environment. This will enable clients to create new and innovative products that will ultimately benefit the end consumer.

Xago’s Chairman Mark Chirnside added, “This is no small step on the journey of Xago.io. With this launch and with the welcomed constructive approach we take with regulatory compliance and best practice, this platform holds the promise to reduce cost and friction, at a very interesting time in the payments arena. Personally I am honoured to be involved as an investor and as Chairman.”

In late 2018, the start-up received investment from African Technology Investments Ltd. It has spent the 1st half of 2019 setting up operations and engaging with the regulators and the broader ecosystem to build a best-in-class product that will not only add value to its clients but also comply with regulations going forward.

The start-up has a broader vision for payments across Africa and has plans to expand operations into other markets in the future. Kuhnel says, “In Africa, we have an opportunity to rethink the way money flows, what it costs and the time it takes to reach a destination. Mobile has shown us how important innovation is on our continent. We must build on this and continue to provide solutions that will benefit consumers in low to middle income countries who need it most, reducing the cost and friction of moving money is absolutely key.”

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Continue Reading

Press Releases

Join the Bitcoin & Crypto Trading Crash Course in Nairobi, Kenya on October 12

Published

on

Crypto Trading Crash Course

BitcoinKE is excited to announce its upcoming Bitcoin and Cryptocurrency Day Trading Crash Course on October 12, 2019, at Marble Hotel in central Nairobi.

Course Outline:

0) Brief Intro for beginners. (Defn of Terms)
1) Resource tools for Margin Trading
2) Software Set-Up & Configurations
3) Pre-market Analysis/Screening
4) Analysis: Based on Our Strategy
– Criteria to identify a viable setup
– Position Sizing/Risk Reward Calculations
– Entry/Exit
– Trade Management based on Market Generated Information

5) Psychological Management
6) Discord Trading Group (community)for consulting on setups/
research/learning from each other/ traders lounge and our daily banter
station

Bitcoin Trading Session

Bitcoin Trading Session at a recent event by www.bitcoinke.io

NB: This will be a marathon course as thereʼs a lot to cover, and we only have one day! You are advised to carry your laptops to follow along on the course.

Trading has a wide range of topics that will require that a beginner takes more time to learn and apply themselves in the market. This one-day seminar distills what we ourselves have learned over time, focusing on essentials of how we day trade.

Afterward, beginners will need to connect with us in our Tradersʼ Lounge Discord Server (free chat app) and follow up with more experienced traders in their daily trading.


At the end of the class, you should have the necessary skill set to get started as a trader. It’s a first-of-its-kind training that compresses 32 hrs of training into a 7-8hr session.

Location & Payment

The course is going for only Kshs. 2,500.

LOCATION: MARBLE ARCH HOTEL, CITY CENTER, NAIROBI

TIME: 8:00 AM – 5:0OPM

Lunch and Snacks will be served!

 

You can pay for the course below:

PAYMENT DETAILS:

VIA BANK DEPOSIT / MPESA

PAYBILL: 400200

ACCOUNT NO.: 01108170890000

SEND PAYMENT DETAILS VIA TEXT OR WHATSAPP TO: +254 721 783 420

 

VIA BITCOIN

BITCOIN ADDRESS: 17NBhX8NdMNxccF4vGd84g92AQXortxSkU

SEND TRANSACTION ID  VIA TEXT OR WHATSAPP TO: +254 721 783 420

 

Once payment is received, we shall send the relevant course materials before the day of the training.

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Continue Reading

Press Releases

Abuja Blockchain & Digital Assets Conference 2019 to Be Held on October 4-5

Published

on

Abuja Conference

All is now set for the successful hosting of the Abuja Blockchain & Digital Assets Conference 2019 at Sheraton Hotels Abuja on October 4 and 5, 2019. This is Nigeria’s premium hybrid Blockchain Conference of Value and Innovation, annually organized and curated by Blockchain Nigeria User Group, sub-set of Organization of Blockchain Technology User (OBTU), a pioneer group of enthusiast, developers and industry practitioners championing the adoption of Blockchain technology through education across Nigeria and Sub-Saharan Africa.

The conference will be chaired by Mr. Lawal J. Ahmed an Executive Director at Keystone Bank Plc. Prof Kingsley Mughalu, former UN Diplomat and a former Deputy Governor at CBN, is expected to grace the conference as the Lead Keynote Speaker.

Date: 4-5th October 2019 | Venue: Abuja Sheraton Hotels, Abuja Nigeria | Time: 10.00 AM

The agenda of this year’s conference is “The Blockchain Trust-Architecture for Governance and Public Service”.

At the upcoming #AbujaBlockchain2019, attendees will discover how Blockchain, Artificial Intelligence (AI), IoT, Big Data and Virtual Financial Assets are altering and disrupting incumbents and creating new opportunities for forwarding-thinking individuals, nations and organizations. As for government agencies, they will also discover how different countries are already utilizing the blockchain trust-architecture to increase public service delivery and improve citizen participation in governance.

Some of the expected Keynotes and Special Guest include Hon Femi Gbajabiamila (Speaker HoR Nigeria), Hon Solomon Adaelu, Member HoR, Chairman of Bi-Partisan Blockchain Group at the National Assembly, Dr. Isa Pantami, Hon Minister of Communications, Kashifu Inuwa Abdullahi, DG NITDA, Rakiya S. Mohammed- Director, Information Technology Department Central Bank of Nigeria (CBN), and Joshua Hawley, founder Blockchain Advisory Mauritius/ Co-Founder of Mauritius Ethereum Alliance.

Blockchain Nigeria User Group

The conference has three tracks consisting of Panel discussions, Innovative Tech product Exhibitions, and Blockchain4Good Hackathon, The hackathon is being supported by RadikalHub, IBM and Vite Labs. The event sponsors include Quanta, Kudi-Exchange, Jelurida Africa DLT, Bitfxt, Naija Crypto, Swipe and BFC International.

About 1000 participants are expected to be at the two-day event.

More information about the event is available at the event website: https://blockchainnigeria.group/

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Continue Reading

Popular Posts