AFROCHAIN – First Blockchain for Africa

AFROCHAIN – Greetings to you dear readers. Always happy to share with you the most promising ideas and startups from the world of cryptocurrency. They are created to facilitate our life with you, and to change the world in the future.

In 2017, for the first time in five years, in sub-Saharan Africa, economic growth is expected to recover, mainly through increased oil prices and the cessation of drought. However, Africans are unlikely to experience these transformations. IMF experts are alarming: incomes of more than 40% of the population in the zone of risk of falling. At the same time, state governments are unable to compensate for even partial losses due to the gigantic debt level. Will Africa be able to cope with new challenges?

The main reasons for the severe poverty in Africa, according to international creditors, are related to “financial sector tension and sharp growth of public debt”. Thus, the national debt of African countries has reached record proportions over the past decade. On average, in five years, this figure doubled and by the end of 2017 will be 53% of GDP.

The sharp drop in oil revenues of resource economies in the second half of 2014 led to an average increase in debt by 8% per annum. The ever-increasing costs of debt servicing, which are becoming a serious time for countries, worsen the situation.

Meet the first blockchain to create a free African economy: afrochain more than 40% of remittances are for specific purposes, such as food, clothing, medicines, school fees or utility bills.

Afrochain is the only project from many platforms in the world, the first decentralized blockchain for Africa. This is a very interesting idea for many crypto users in the world. Economic progress for the freedom of all people through the ecosystem, built and developed by the platform Afrochai.

By developing the ecosystem from Afrochain, users can easily access payments, exchanges, investments, and other things that users need. The distributed Afrochain system is more efficient than others, with confidence in the block chain. Etherium Smart agreements can also belong to the Afrochain platform.

Afrochain-the first block-chain for Africa. AFROCHAIN  This is the first step towards a free economy for all, the imposition of power in the hands of the peoples of Africa and the African diaspora. The entire ecosystem should be built on the Afrochain block chain. The national Afrochain coin, called the “Afro-Cayman Token” (AFR), is suitable for use in the African market in accordance with its vision to provide access to financial services for all. Users will be able to create their own project on Mainet Afrochain. The Afrochain ecosystem will allow users to have access to education, payments, exchange, trade and investment, and so on.

About 250 million immigrants worldwide annually send more than 600 billion dollars to support their friends and family, remittances are an important source of funding for many people and families around the world. However, immigrants face two major challenges in carrying out cross-border and local remittances.

Consumer Benefits:
 Decentralized: Servers are decentralized and distributed to different servers that are connected to the same network.
 Anonymous: With Afrochain (AFR), you do not have to provide your personal information or credit card information. This ensures your privacy rights regarding the legal whims of future administrations and makes identity theft virtually impossible.
 Secured: Afrochain (AFR) is protected by the next generation of cryptography — beyond the current military standards. This ensures that no one, including state actors, can unilaterally transfer their funds.
 Transparent Everyone can view the transaction history on.

AFROCHAIN  The Nilechain Foundation is a decentralized private company (DAO) that allows a decentralized system to increase the African market. The Nilechain project is built on the Maynt-afrocin and improves the African infrastructure so that they can benefit from intelligent ecosystems. The Nile Foundation also provides ecosystem management services to the Nilehein (Nile) ecosystems. Make everything develop better.
Using Blockchain technology, Nilechain can create decentralized properties and leased ecosystems that will improve the quality of Africa, facilitate the purchase, sale, and lease of services or real estate for their convenience.

 Name token: afrochain
 Symbol: AFR
 Max. Delivery: 75 m AFR
 Total Delivery: 26 250 000 USD (advance ICO and open ICO)
 Hardcap: 11 250 ETH (5 625 000 US dollars)
 Softcap: 3.750 ETH ($1.875, 000)
 Exchange rate – Pre-sale: 5000 AFR = 1 ETH ($0.1/AFR)
 Project protocol: ERC20 ETHEREUM Platform
 Target price December/2018: $10/AFR
 Update: August 1, 2018

AFROCHAIN is the first blockchain for Africa. This is the first step towards creating a free economy for all, giving power to the people of Africa and the African diaspora. The whole ecosystem should be built on blockchain


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