Golix, the Pan African cryptocurrencies startup with exchanges across the continent is distributing cryptocurrency to all Africans as part of its token sale campaign.
The company is conducting a series of giveaway campaigns targeted at everyone in Africa interested in its token sale. This is part of a drive to raise an awareness of how cryptocurrencies can be used to solve some everyday challenges and to showcase the continent’s diversity.
Until the 25th of July 2018 when its token sale ends, Golix will be distributing a total of 1 million GLX tokens to people who take part in daily quizzes and competitions.
These will focus on trivia specific to Africa, the African payments space and cryptocurrencies in general. There will also be GLX token giveaways for people who create and share content on Africa such as short videos, blog posts and pictures.
All this will be under the hashtags #AfricaIsNotACountry and #GLXTokens.
Each of the GLX tokens is valued at 5.6 cents and will be distributed to winners after the sale ends. The tokens will be tradeable on any of Golix’s active exchanges.
Speaking on the idea behind the giveaway, Tawanda Kembo the CEO of Golix, explained that his team had been motivated by a desire to open cryptocurrencies to people in Africa who had never accessed them.
“We are aware that digital currencies can solve some of the problems we face as a continent. Areas like cross-border payments and remittances that most Africans can relate to can and should be improved by the use of cryptocurrencies. We want to demonstrate this using an alternative currency that isn’t exclusive to people with credit cards or bank accounts”, he said.
Kembo also shed some light on the #AfricaIsNotACountry campaign saying,
“We are often viewed as one single country with the same identity yet Africa has so much diversity that should be celebrated. We want the distribution of our token to people here to bring that out and demonstrate just how rich our culture and creativity are”.
The Golix token sale was launched on the 1st of June 2018. It is a campaign to raise US$32 million through a crowdfunding technique used more commonly by cryptocurrency startups.
Golix has already opened exchanges in 7 African countries and wants to use the proceeds of its token sale to extend its presence to more countries, providing the continent with financial autonomy.
You can read more about the Golix token sale by following this link