This Forbes article discusses how blockchain fundraising can benefit African tech startups. The article notes that Initial Coin Offerings (ICOs) and Security Token Offerings (STOs) can provide a new and innovative way for startups to raise capital, bypassing traditional fundraising methods such as venture capital and angel investing. Additionally, the article highlights that blockchain fundraising can provide access to global investors, increase transparency and reduce the cost of fundraising.
The article also states that blockchain fundraising can help African tech startups to overcome some of the challenges they face, such as lack of access to funding, lack of trust in the financial system and lack of infrastructure. Furthermore, the article suggests that blockchain fundraising can also help to create a more inclusive and equitable startup ecosystem in Africa.
