Crypto Adoption in Africa Gets a Boost with Mara Wallet

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The Mara Wallet is a fast and secure multi-currency crypto wallet that puts Africans in control of their cryptocurrency. Offering both user-facing products and core infrastructure, Mara reveals a product roadmap that enables users to easily buy, sell, send, withdraw, store and protect a wide range of fiat and crypto-assets (such as cryptocurrencies and NFTs) in real time. time and without any prior crypto knowledge.

“At Mara, we are committed to the financial empowerment of people who use our products and services to meet their diverse crypto-finance needs, and take responsibility for seriously building an informed community,” Chi Nnadi, Co-Founder and CEO of Mara, said while commenting on the pre-launch of the Mara Wallet. “As one of our first steps in achieving crypto education, financial literacy, and ensuring a fairer distribution of capital, we are excited to pre-launch the Mara Wallet. Our goal is to lead Sub-Saharan individuals on their journey to take advantage of a financial infrastructure on which they can build their lives and make the most of the financial growth opportunities available in the crypto-economy.

The Mara Wallet Waitlist, which is the core mechanism of the pre-launch app, is aimed at crypto-curious and crypto-enthusiastic users seeking early access to the exchange. Through this, they will unlock financial rewards that will give users a perfect stepping stone into the #cryptoeconomy.

While describing how the Mara Wallet Waitlist works, Chi added, “Pre-registered users will join a queue to allow early access on a first-come, first-served basis. In addition, a higher position on the waiting list increases the chances of periodically winning prizes. As soon as users join the waitlist, they instantly earn a sign-up reward. All users who refer the Mara Wallet to their friends, family and community also earn additional rewards when those users sign up using their unique referral link. Pre-registered users who participate in the referral activity also improve their chances of getting to the top positions on the waiting list. »

The Mara Wallet app is available on Google Play and Apple App stores. Once officially launched in a few months, the Mara Wallet will allow users to invest in crypto and send money to family members in real time without processing delays, delays or high fees. To join the waiting list, download the application on the google play or the Apple App Store.

The pre-launch of Mara Wallet comes at a critical inflection point in the evolution of sub-Saharan Africa. The current centralized financial system continues to present permanent obstacles to the development of local economies and individuals. As a result, food prices doubled and even tripled in some areas and created record interest rates. These systems have created an urgent need for a decentralized alternative.

Mara’s mission is to facilitate a fairer distribution of capital by providing an alternative that spans across tribes, classes, cultures and countries.

Mara is building Africa’s gateway to the crypto economy through a pan-African suite of products that meet a variety of crypto finance needs while complying with local regulations and being authentically designed for African audiences. Mara will initially launch in Kenya and Nigeria, with its first product being a simplified and user-friendly wallet through which users can easily buy, sell, send and withdraw cryptocurrencies. Mara will also launch a professional exchange for experienced users who prefer a comprehensive set of trading options and technical analysis tools. The Mara Channel will launch later, giving savvy developers a place to build decentralized apps that will help shape the future of Africa’s cryptoeconomy. Mara’s management team includes former executives from Amazon, PayPal, Uber, NVIDIA, Founders Bank, Rappi, and more. The company has raised a total of $23 million from Coinbase Ventures, Alameda Research (FTX), Distributed Global, TQ Ventures, Day One Ventures, DIGITAL, Nexo, KuCoin Ventures, Huobi Ventures and nearly 100 other crypto investors and angels . Mara’s management team is led by Chi Nnadi, Lucas Llinás Múnera, Dearg OBartuin, Kate Kallot and Susan Younis.

For more information, please contact;

Mercy Akamo | Mara VP for Communications

For more information, please contact;

Oladapo Shofu | Mara Communications Manager, West Africa

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