House Africa, a Nigerian blockchain-based startup, has won the Fantom Foundation Challenge 2019 at the AfricArena Conference held in Cape Town, South Africa.
The 3 blockchain startups that were shortlisted for the challenge included:
- Lightency – Tunisia
- Chikkit – Nigeria
- House Africa – Nigeria
[UPCOMING EVENT]
The event is a culmination of the AfricArena Tour challenge which took place throughout 2019. The cities where selections took place included:
- Abidjan, Ivory Coast
- Cairo, Egypt
- Casablanca, Morocco
- Cape Town, South Africa
- Dakar, Senegal
- Johannesburg, South Africa
- Kigali, Rwanda
- Lagos, Nigeria
- Nairobi, Kenya
- New York, United States
- Paris, France
- San Franscisco, United States
- Tunis, Tunisia
The selection process included startups pitching by uploading their pitch and 3-min video and getting to pitch at home in front of an international panel of judges. The three winning pitches were then shortlisted for the final pitch round in Cape Town, South Africa.
Some of the submission requirements for the winning startups included:
- Have an existing product / service
- Have market / customer validation
- Prove growth / traction
Speaking to BitcoinKE, Uba Nnamdi, Founder / CEO, House Africa, said:
“Winning this is a big millstone and inspiring too for us in solving one of the biggest African Problems.”
Using Blockchain technology, HouseAfrica splits property projects into digital units accessible through shares that start from as low as $30. House Africa simplifies the entry into this most trusted domain.
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