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Home CRYPTO

Cassava Network, An African Web3 Platform, Has Partnered With Non-Custodial Wallet To Widen Crypto Reach In Africa

BlockNews Team by BlockNews Team
March 17, 2023
in CRYPTO, MEDIA, SOCIAL, TECHNOLOGY
Reading Time: 3 mins read
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  • Cassava Network’s v3 aims to build a bridge between Web2 African users and the Web3 space.
  • Cassava Network partners with UniPass, a non-custodial wallet to onboard more African users and businesses.
  • The launch of the v3 is said to boost Africa’s economy through the introduction of Web3 space to Web2 users.

Africans interested in engaging in the Web3 space can comprehend, learn about, and interact with the Web3 world. This means that the Web2 period has been left in the past.

Cassava Network—an African Web3 platform focused on gaming, NFTs (non-fungible tokens), and loyalty rewards—recently launched a third version of its platform, including an integration of UniPass—a non-custodial smart contract wallet.

On March 7, Cassava Network announced the project of its successful partnership with UniPass, claiming that it would serve as a bridge for Web2 African users to onboard into Web3. In this third version, when users create accounts on Cassava Network, they are automatically registered on UniPass.

Signing up on UniPass gives users various features, such as holding, receiving, and sending on-chain virtual assets across various Ethereum Virtual Machine (EVM) blockchains. The integration also allows users to access their UniPass wallet address through their Cassava profile easily.

Why UniPass Wallet?

UniPass is a multi-chain and non-custodial smart contract wallet that offers a gasless and seedless experience to Web2 users. Users can interact with DApps (Decentralised Applications) and digital assets across widely recognized EVM blockchains.

In the announcement published on Cassava’s Medium account, the Web3 platform stated that it was very intentional about the brands it chose to affiliate with, as these brands are required to share similar goals before becoming partners.

“Our partnership with UniPass will offer users a seamless and feature-packed blockchain wallet which will make it easy for Africans to interact,” Cassava Network stated.

In an interview with a media outlet, Cassava Network’s co-founder, Mouloukou Sanoh, elucidated how African users—the primary target audience—can onboard into the Web3 universe by utilizing the v3 (third version) of Cassava Network.

“As users and businesses interact with these brands, they are eligible to earn CB Coins and other promising on-chain rewards offered by partners,” Sanoh said.

Although CB Coins are now operated off-chain, Cassava Network users will soon be able to swap them for on-chain assets. 

The Web3 platform’s network reward token is known as “CB Coins,” It is utilized to purchase mystery boxes and concert tickets. 

The Cassava Network v3 was launched to include different classes of Africans, not just Web2 individuals hoping to transition into the Web3 world but also organizations looking to grow their brands and reach into the African economy. 

Mouloukou Sanoh also noted that the v3 supports solidarity since business brands working with Cassava Network may develop communities on the platform utilizing the newly added “Community” function to gain followership and engagement.

Conclusion

According to a study by CoinGecko—a crypto price tracker—Nigeria, a West-African country, was one of the most crypto-curious countries in the world. The latest version of Cassava Network and its partnership with UniPass will indeed onboard many Web2 African users into the Web3 world without difficulty.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainCassavaCustodial WalletUniPassWeb3
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