Digital asset company 3.0 Verse has officially entered the African market with a launch in Nigeria, aiming to transform the landscape of trading and investing on the continent through the utilization of blockchain technology. The launch event took place at the prestigious Landmark Events Centre in Lagos. Mayur Poddar, the Director of the company, highlighted the concern caused by the devaluation of the Nigerian Naira and expressed the company’s commitment to educating individuals on how to earn a living through blockchain.
The Genesis of 3.0 Verse and Its Mission
Established in 2021, 3.0 Verse positions itself as a multifaceted digital assets company, often referred to as the “Google of Web3.” The company’s primary mission is to educate everyday people about digital assets, demystifying complex terms and enabling users to make informed decisions in the realm of digital asset investment. Despite its relatively short operational span of two and a half years, 3.0 Verse boasts an impressive user base of 3 million individuals.
Technical and Administrative Base
With its technical operations based in India and administrative operations in the United Arab Emirates, 3.0 Verse derives its name from the combination of the last parts of two advanced phenomena in the blockchain space: Web 3.0 and the metaverse. Director Mayur Poddar emphasized the company’s role in educating people about the rapidly evolving digital world, crypto, and blockchain. The platform includes a comprehensive section providing users with information about global events in the crypto space.
The Unique Features of 3.0 Verse
3.0 Verse encompasses various sections within its platform, including a trading platform known as “Verse.” This section consolidates both centralized and decentralized exchanges on a single dashboard, eliminating the need for users to navigate between multiple exchanges for trading or information sourcing. The platform addresses the growing number of available blockchains, providing crucial education on choosing the right blockchain and entry points for trading.
Nigeria’s Strategic Significance
Director Mayur Poddar explained that Nigeria was chosen as the launch site for 3.0 Verse’s African operations due to two key reasons. Firstly, the devaluation of the currency in Nigeria has led people to seek earnings in dollars, and secondly, Nigeria boasts a pool of technocrats who recognize blockchain as the future of the industry. The company aims to be transparent and assist Nigerians in understanding how to thrive in the market.
Partnership with Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)
Upon its launch in Nigeria, 3.0 Verse announced a partnership with the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN). The collaboration aims to further blockchain and crypto education in Nigeria. President of SIBAN, Obinna Iwuno, highlighted the partnership’s purpose in expanding the Web3 ecosystem in Nigeria and fostering education on blockchain technology and cryptocurrency. He expressed confidence that increased education could lead to more regulations for digital asset implementation in Africa, particularly in Nigeria.
Collaboration with Lagos State Police Commissioner
3.0 Verse also disclosed its partnership with the Police Commissioner of Lagos state to educate the police force about blockchain and address cybercrimes. The company intends to guide the police in navigating these issues in Nigeria, emphasizing its commitment to contributing to both education and innovation in the country.
In summary, the entry of 3.0 Verse into Nigeria signifies a pivotal moment in the evolution of blockchain education and innovation on the continent. The company’s commitment to transparency, education, and collaboration with local authorities positions it as a significant player in shaping the future of the digital asset landscape in Nigeria and beyond.
