The Krosscoin Ecosystem’s Hashgreed, a Nigerian NFT marketplace, multifunctional NFT, and super dapp platform, recently raised more than US$1 million in investment for expansion outside of Nigeria.

The funding will allow Vinekross to pursue registration with the Nigeria Securities and Exchange Commission (SEC) as it gets ready for an initial coin offering (ICO) event in the coming months, according to Efosa Ighodaro, founder and CEO of Vinekross Technology Limited, the parent company of Krosscoin Ecosystem.

“Vinekross is determined to be the largest native blockchain ecosystem and community in Africa, through very safe and sound tokenomics and governance where all outstanding tokens are governed by the KSS holders. We would like to be a company trading on the Nigerian Stock Exchange in a couple years,” he said.

A Look At What Hashgreed Does

The Hashgreed platform is made to make web3 solutions for asset tokenization, commerce, and creativity more accessible to both individuals and corporations. DeFi and WorkFi solutions are also hosted by the platform.

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Users can create, sell, and buy art NFTs; shop on Hashdealz, its web3-powered e-commerce section; own fractional real estate NFTs; employ and pay freelancers using cryptocurrency and stablecoins; save and make money in the dollar stable coins $BUSD and $KUSD; send money to others via African stable coins; and much more. Hashgreed also provides Nigerians with access to NFTs through the $HASH stable coin it has created for the Naira, and it soon expects to launch stable coins for numerous important African currencies.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. 
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh