In a new deal and interview on CNBC Africa, PO8 has signed a $1M deal with Cryptovecs Capital to bring artifacts and museums benchmark globally with South Africa and Kenya being of particular interest in Africa.
According to the CEO of PO8:
“The non-fungible tokens are not going to be very volatile and will allow people to own a part of the artifacts allowing them to have them as investments. We are decentralizing and democratizing the ownership of artifacts in the world which will open up a completely new era on how people own such assets.”
According to the CEO, CryptoVecs Capital:
“We want to leverage on existing assets. We want to replicate the model in South Africa, Kenya, Mozambique, and Tanzania where these assets are.”