BitDAO will provide AfricaDAO with $20 million in funding to accelerate Web3 adoption in Africa
According to BlockBeats, AfricaDAO's initiative to "Accelerate Web3 Adoption in Africa" in the BitDAO community was approved on August 10 with a 100% vote in favor (about 181 million bits), BitDAO will provide AfricaDAO with $20 million in financial support.
AfricaDAO aims to increase the adoption of Web3 in Africa through investment and acquisition, talent development, education and other strategies, and has secured $105 million in soft investment commitments.