Fashionable Nigerian hip hop artist Davido has sparked off a buzz about crypto belongings after tweeting about his intention to start out a bitcoin buying and selling firm. With the brief tweet, Davido turns into the most recent African superstar to precise curiosity in beginning a crypto enterprise. Senegalese singer Akon is one other distinguished African persona to embrace crypto belongings.
Earlier than the tweet, Davido revealed in October 2020 that he had entered right into a partnership with Bitsika, a Ghana-based crypto fee agency. As a part of the settlement with Bitsika, Davido, who has greater than 8 million followers on Twitter and Instagram, would promote the crypto agency’s app. After the beginning of this association, stories quickly emerged that the Nigerian singer’s affect had prompted a large surge of visitors to the Bitsika platform.
Equally, crypto gamers in Nigeria count on Davido’s tweet to have the same impact in direction of that nation’s digital asset area. It is a viewpoint that can be shared by Chiagozie Iwu, the CEO of Naijacryptos, a crypto change. Iwu additionally believes “seeing the rising bitcoin tendencies in Nigeria” is what most likely prompted Davido to submit the tweet.
In the meantime, Iwu reveals why this tweet could possibly be “huge for adoption,” saying:
Crypto influencers in Nigeria has max 40,000 followers whereas Davido has hundreds of thousands of followers on completely different channels.
In keeping with the Naijacryptos boss, this implies extra individuals are more likely to see or hear about bitcoin from “mainstream figures” than common crypto influencers.
In the meantime, on social media, among the singer’s hundreds of thousands of followers seized on the joy ensuing from the submit. Some tried to promote their crypto credentials whereas others nonetheless look like ignorant.
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