South Africa-based Web3 platform Momint has secured a US$50,000 grant from the DFINITY Foundation, a Swiss non-profit organization known for having the largest blockchain R&D team globally, to help it further expand globally. The grant was obtained through the Internet Computer Protocol (ICP) Hub of Southern Africa, also known as Mzansi Web3 (MW3), which is funded by DFINITY. Momint will use the grant to integrate the ICP blockchain towards enhancing its business operations. “The innovation and opportunities presented by ICP in relation to the South African startup scene is immense. The fact that Momint, the very best Web3 startup in Africa, is using our blockchain protocol to tokenise their real world assets offers a strong case study.

Source: The North Africa Journal July 19, 2024 12:02 UTC