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CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by GoogleNaija247: 6:54pm On Nov 23, 2021 |
A Defi Company "FarmBit" Receives $240k Seed Funding From Top Crypto Angel Investors and Partners With Despace Protocol. FarmBit receives $240k Seed funding from top crypto Angel Investors and partners with Despace Protocol Millions of small businesses from emerging markets have stayed offline for the past decade due to the financing gap between these businesses and traditional financial institutions. FarmBit is fixing the financing gap between agribusinesses and traditional finance from emerging economies using DeFi and NFT. Business inventories are turned into NFTs, which are then financed through FarmBit Pool. Today, the African blockchain startup FarmBit receives $240k Seed funding from top crypto Angel Investors and Despace Protocol. Started by some vibrant crypto professionals in 2020, FarmBit is developing a decentralized, blockchain-based protocol that aims to rethink how agribusinesses transact with each other more efficiently and openly. Asset-backed financing as we know it, and more importantly, the resulting inefficiencies in traditional finance and access to global liquidity. WHAT IS FARMBIT? An asset-backed financing platform that provides fast access to financing for businesses using DeFi. Assets are turned into NFTs, which are then financed through FarmBit Pool. Daniel Nicholas, the CEO, and founder of FarmBit stated: “We want to fundamentally change how agribusinesses from emerging economies interact and access liquidity by making them accessible to global liquidity. We are building a world-class team from Africa, USA, and India, with some of the most talented blockchain engineers. Their expertise in the blockchain space is an asset to FarmBit.” == So guys what's your take on Farmbit? Drop your comments below. 14 Likes 3 Shares
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Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Mjblog(m): 7:08pm On Nov 23, 2021 |
This is really nice and cool I would love to hear about this more 1 Like |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Iyjunior: 7:09pm On Nov 23, 2021 |
That's huge. Crypto is now the gold mine. Interesting. GoogleNaija247: 1 Like |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Selimolamilekan: 7:12pm On Nov 23, 2021 |
Wow, This is interesting. Farmbit to the moon. Keep rocking |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Ayomitemedia(m): 7:12pm On Nov 23, 2021 |
Wow! Interesting and cool, Nice initiative, kudos to farmbit |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Iamdesirepaul(f): 7:12pm On Nov 23, 2021 |
It's super amazing, And please keep us updated with more of this. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Kingzz0001: 7:13pm On Nov 23, 2021 |
Project looks nice. One shud not let this pass by. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by 6method: 7:14pm On Nov 23, 2021 |
Great innovation, Interesting project, Great team. Thanks for updating us. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by 9ja2geez(m): 7:14pm On Nov 23, 2021 |
Nice One, Africans and Mostly Nigerians need this to Make Money without depending on anyone, This is a big one, and I will love to know more about it. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by jboyhard(m): 7:15pm On Nov 23, 2021 |
Crypto is the future and no one can stop Blockchain technology Invest huge amounts in other to make good profits |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by northbwoysine(m): 7:16pm On Nov 23, 2021 |
It's been a while I've been hearing the wave about FARMBIT on different social media platforms but never heard detailed info about it not till now.This is really going to be a great project coming out of Africa by an African team.I believe this project would not only bring Africa to the front phase of the world digital economy but would also raise a lot of billionaires worldwide there by eradicating poverty.Big ups to the A team and the CEO for this great project idea.We'd be looking forward to investing our every dime in it and urge others to do same too.God bless Africas bravest. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by olastechblog(m): 7:16pm On Nov 23, 2021 |
Farmbit incredible project GoogleNaija247: 1 Like |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Diamond1251: 7:17pm On Nov 23, 2021 |
Wow... Reading about this article today made me see a better future for agribusinesses... It's the best option for agribusinesses.. Farmbit is the way.. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Ayotimi222(m): 7:19pm On Nov 23, 2021 |
Wow! This is a great project and I can see the bright future if this project! Keep it up! ����♀️ |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Abbiebose: 7:20pm On Nov 23, 2021 |
This is a huge one, crypto is giving more opportunities to more people around the globe. I'll like to know more about this project, and possibly keep updated. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Joshuamilez: 7:21pm On Nov 23, 2021 |
I think Crypto is booming than expected these days. ��� |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Victor080858: 7:21pm On Nov 23, 2021 |
It's a nice project which everyone should be interested in |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Emperor2463(m): 7:22pm On Nov 23, 2021 |
Farmbit is the next big thing after wakanda Inu... It's time Africans wake up let's push our project outside the shores of Africa. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by soccerbaze(m): 7:23pm On Nov 23, 2021 |
Africa next big cryptocurrency. What an incredible project |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by ShinyJay22(m): 7:23pm On Nov 23, 2021 |
Congratulations farmbit. Keep up the momentum! GoogleNaija247: |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Olaniyyi(m): 7:23pm On Nov 23, 2021 |
Seeing how crypto is finding its way into every sector, turning a blind eye would be regrettable. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by jessechimeez(m): 7:24pm On Nov 23, 2021 |
GoogleNaija247: These FARMBIT Is really an interesting and innovative project. I wish to see more future partners. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Hardewarlay7(m): 7:27pm On Nov 23, 2021 |
Solid project with good usecase, I think this project will go a long way |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by everbest64(m): 7:27pm On Nov 23, 2021 |
The recent development of crypto in Africa is definitely a thing of joy. Farmbit being one of this development will definitely go a long way. I believe this is a success already. Farmbit to the moon |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Abdul61010: 7:28pm On Nov 23, 2021 |
To my understanding this very good idea and it will help a lot of people. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Weezyclan(m): 7:30pm On Nov 23, 2021 |
This is huge. fingers crossed as we expect more awesome announcement from farmbit, seeing the propects and brains behind this project boosts the mind for the presale. Kudos to the team, who are doing great work @ farmbit. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by marrttins: 7:35pm On Nov 23, 2021 |
This is awesome and Interesting.. I will like to partner and see great future in this project. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by AbaganaSec212(m): 7:37pm On Nov 23, 2021 |
This looks good already. Digital currency and investments is the future of businesses. I want to be part of this great movement |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by ValueDam(m): 7:41pm On Nov 23, 2021 |
Good news. This is nice. It will go a long way in helping people's and the economy. The world has change it's the right time for all to embrace Cryptocurrency the new money. |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Sylvanusgambo: 7:41pm On Nov 23, 2021 |
Great project Farmbit to the moon! Don't miss this opportunity |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Darey888(m): 7:46pm On Nov 23, 2021 |
GoogleNaija247: Africa has really be moving forward in the crypto currency world. Watch out for Farmbit. ‘Next big thing’ amazing innovations. 1 Like |
Re: CRYPTO: A Defi Company "Farmbit" Receives $240k Seed Funding by Bensaga(m): 7:46pm On Nov 23, 2021 |
This is really awesome. It's a nice project which everyone should be interested in. 1 Like 1 Share |
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