When Afronifty launched in September 2021, the crypto market, valued at almost $3 trillion, was at its peak. The Non-Fungible Token (NFT) Marketplace had a niche mission that was in equal parts ambitious and auspicious for the blooming crypto market: to utilize blockchain technology for the empowerment of black music creatives, through financial stability, artistic freedom and community building. Popularly dubbed the ‘NFT Marketplace for Music’, Afronifty operates by providing a platform for musicians to create songs, mint and list them in the marketplace for their fans and investors to bid on. Unfortunately, the bullish-highs of the crypto market were short-lived, plummeting in June 2022. It’s been over a year since the collapse of the crypto market, yet, Afronifty has persisted in the mission it set 2 years ago, swiftly amassing over 9,000 music NFTS to become the largest NFT Marketplace in…
How Afronifty Leveraged The Rise of Afrobeats To Become The Largest NFT Marketplace in Africa.
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