Hello steemians ! So yesterday we did a brief intro of the cryptogene project – precisely its birth and aims. We rounded up with some highlight on the individual projects or initiatives within the cryptogene hub. You can view the post here in case you missed it.
In this post, we’ll be looking in details at those initiatives to get a better understanding of the cryptogene drives. And I hope this would help in your ultimate decision of whether or not to support the cryptogene project. And in the least, I hope it should shape your opinion about it.
Crypotgene is a multi-platform hub which consists of various projects/initiatives. Such initiatives or projects include the following;
- DIGEST
- BLOCKMART
- HAVENE
- SPIEL
- SILK
- THE CRYPTOGENE TOKEN
Let us now consider these one after the other.
DIGEST (CRYPTOGENE-LEARN)
I should begin on this by commending the crytogene team on its keen observations specifically on the glaring gap in knowledge in the Africa societies. This gap arises from a number of factors such as education, socioeconomic factors, brain drain, etc. This gap is no doubt responsible for the persistent hardship among the populace in the continent, the reason a few people swim in the ocean of affluence while the majority wallow in hardship.
This syndrome, is what cryptogene is set to cure utilizing the blockchain technology. Let us lift a leaf here from its whitepaper:
Crypto-learn will serve as a platform for bridging the gap between learned practitioners and amateurs in the blockchain technology and cryptocurrency as whole.
This initiative therefore seeks to promote knowledge sharing based on the blockchain tech in order to bridge the wide gap in knowledge. Digest would enhance knowledge transfer/sharing, skills acquisition, and development through integration and and promotion of local content from the blockchain users.
This it would achieve specifically by proffering solution to the pressing needs of users on the robust cryptogene blockchain. Here, the knowledge shared would be simplified to encourage users to engage and utililze the blockchain tech.
BLOCKMART (CRYPTOGENE-MART)
The block or crptogene mart is basically to help combat the challenge of online transactions in Africa with respect to technological/technical deficiencies. These challenges have rendered traditional banks almost incapacitated and ineffective. What a grievoius lag uin an age of digital revolution! Of course these challenges constitute hurdles in the payment systems in developing nations and the biggest turn off is the banks seeming incapacity.in tackling the menace.
Here is where cyptogene blockmart comes in. Of course a larger percentage of people have since come to embrace online financial transactions such as mobile transfers to alleviate the ordeals involed in physical transactions at banks. But the fact remains they are still very much tied to those banks as their funds are retained there.
Cryptogene here again intends to step in to encouraging individuals to utilize the blockchain technology for their financial transactions such as paying for goods and services, bills’ settlement, airtime topping, etc. Suffice to say, cryptogene is about to bring a major revolution in the financial system in Africa.
HAVENE(CRYPTOGENE-EX)
This is to foster economic integration by enhancing financial transactions across and beyond the African continent. The cryptogene-ex or havene is to be a decentralized system for the exchange of cryptocurencies “and other digital assets” among crypto users, utilizing the cryptogene token as its base currency.
SPIEL(CRYPTOGENE-TALK)
The spiel or cryptogene-talk has an aim similar to cryptogene-learn in that it is concerned with the sharing of knowledge. Spiel is to be a social media for communication, a platform for news and social interacton/integration. This is hoped to be “an advanced phase of the present cryptogene telegram group”, a platform to be similar to bitcoin talk and nairaland, though tokenized. Of course such knowledge shared would invariably spur the growth of its users and by extension, the society and foster a better understanding of the blockchain technology generally.
SILK(CRYPTOGENE-BUILD)
Silk or cryptogene-builld initiative has its focus on small and medium scale businesses in Africa which, despite their vital role in driving economic growth, are saddled with numerous challenges especially in terms of finance.
To tackle this, the cryptogene would be allowing members to share their business ideas on their platform in order to get funded if approved. Such relief as is obvious, would potently impact on SMEs and by extension the society.
CGT (THE CRYPTOGENE TOKEN
The cryptogene token is a decentralized currency which would enable cross-border transaction across and beyond African countries. The cryptogene token is the base currency of the wider cryptogene project, the thread which unifies them all, the lifeline of the cryptogene project.
To effectively execute the above projects, the cryptogene needs enough funding on their desk. This, of course, it raises through its ICO… and this would the subject of our next discourse on the cryptogene poject: the cryptogene ICO and why you shouldn’t be left out… coming in the next post.
I hope to edit this post to include the link to it when available to make the the ideas comprehensive kind of.
Please stay tuned.
Here's the link to the subsequent post on the cryptogene series: a breakdown of the cryptogene ICO