Play-To-Earn in Africa? Local Game Publisher Raises $20M By Alphabet, a16z & Others.

Carry1st, a popular mobile publisher in Africa is forming a team for domestic Web3 adoption. Africa is expected to onboard 300 Million new internet users within the next five years as stated by Sundar Pichai, Alphabet CEO.

Together with a16zAlphabet has led a $20M investment in Africa’s mobile publisher Carry1st with Riot Games, TTV Capital, Konvoy Ventures, and Raine Ventures participating.

Africa received a number of investments in order to possibly become the premier hub for big firms and the gaming industry over the next ten years. Nevertheless, its a continent with promising growth and a huge number of potential play-to-earn gamers.

There a growing number of African gamers who manage to make a living through blockchain games, the same way we see in the Philippines, Indonesia and other countries.

While Axie Infinity became a behemoth of gaming in the Philippines, African countries follow up as more and more gamers realize the opportunities play-to-earn games brings.

Nigeria is forming a way of crypto payment with BitCoin daily. A funding that will further expand product development in Africa and bring opportunities to locals being not so cozy in their daily lives. Africa means opportunities and not in the wrong way. These Web3 technologies will benefit everyone, from locals to CEOs.

Such a project seems like a long run, but stats say different, with the continent’s crypto market grow rate to be 1,200% between 2020 and 2021.

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