Africa's Web3 awakening: The UBUNTU token launches in Africarare

The power of Web3 sets the stage for Africa's rise in the global tech arena
Advertorial
Posted by Advertorial February 27, 2024 3 Mins Read
The power of Web3 sets the stage for Africa's rise in the global tech arena

The power of Web3 sets the stage for Africa's rise in the global tech arena

Launching 29 February (10:00 UTC)

As we stand at the forefront of digital innovation, we are reminded of a powerful fact - Africa is set to have 1/3 of the world's youth by 2030 and is one of the fastest-growing continents globally. The time is now for Africa to rise.

This month marks the eagerly anticipated launch of the UBUNTU (UBU) Token, the cornerstone of Africarare's innovative Ubuntuland. This thriving community boasts 240+ individual and corporate landowners, including brands like Nedbank, MTN, Primedia, Singularity Group, HAQQ Network, Mann Made, and Cyberkongz, and has garnered over 22,000 hours of user engagement,100 000 registered users reflecting its visionary alpha release of the metaverse.

At the heart of this dynamic ecosystem lies an AI-powered 3D virtual world, empowering users to shape their own destinies through unparalleled social experiences, innovative applications, captivating games, and dynamic retail spaces. But beyond its versatile functionality, the UBUNTU (UBU) Token represents more than just a digital utility; it's a beacon of hope and a catalyst for change.

The UBUNTU (UBU) Token is a catalyst for innovative experiences and opportunities:

  • Virtual Real Estate Investment: Seize the chance to explore digital land and unlock new income streams.
  • Showcase Artistic Talent: Connect with a global audience and elevate your creative endeavours.
  • Business Expansion into the Metaverse: Break free from physical limitations and reach a global audience.
  • Cultural Exploration and Networking: Immerse yourself in enriching experiences that celebrate Africa's rich heritage and foster meaningful connections.
  • Educational Opportunities: Embark on virtual educational tours and expand your knowledge of African history and ecosystems.
  • Corporate Events and Conferences: Experience groundbreaking corporate events like Zenith Corp, redefining connectivity on a global scale.
  • Availability on Exchanges: The token will be available for trading on an Asian central exchange and the decentralised.
  • Ubuntu Staking: On launch, users will be able to stake their Ubuntu tokens to receive a high Annual Percentage Rate (APR) or reward. Staking is a way of receiving yield rewards for Ubuntu tokens and offers great value.
  • OG Private Pass NFT: Join the allowlist to receive the latest updates and releases as they happen and be part of the OG community.

Inspired by Ubuntu – Empowering communities

Mic Mann, CEO of Africarare, emphasises the unique tokenomics model behind the UBUNTU (UBU) Token. Rooted in the African philosophy of Ubuntu, which translates to 'I am because we are,' the token embodies community empowerment and shared progress. Mann states, “UBUNTU (UBU) Token is more than a utility token; it's a commitment to uplifting communities."

The UBUNTU Token goes beyond traditional applications, contributing to philanthropic initiatives with every transaction. Mann explains, "Every transaction with the UBUNTU (UBU) Token contributes to change, seeking to promote the welfare of communities. 10% of all transaction fees go directly to our charity treasury, with projects like Drops of Life and Innovation: Africa, providing clean drinking water, as well as educational endeavours at the Maharishi Institute, offering tertiary business education to African students, with future initiatives to be voted in by the Ubuntu DAO (Decentralised Autonomous Organization). At its core, the UBUNTU (UBU) Token is about unlocking the potential of a continent and building a future where everyone thrives.”

Don't miss out on the chance to be part of this groundbreaking journey. To learn more about the UBUNTU (UBU) Token or join the allowlist, visit www.africarare.io/ubuntu-token. After successful IDO's on Kommunitas and Spores, the world is ready for the UBU token.

About Africarare

Africarare is an inclusive AI-powered web3 platform that enables connection, collaboration and e-commerce amongst individuals, brands, and communities by leveraging AI and mixed reality, uniquely positioned in the high-growth African market. Africarare has a bold vision to serve over a billion people and break barriers by leveraging the power of AI and mixed reality. With a focus on Africa and communities worldwide, Africarare aims to create an inclusive platform that empowers individuals, brands, and communities to unleash their potential. Learn more at www.africarare.io.

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