The Web3 collective is looking to crypto and NFTs to support community-led opportunities for people of African descent. Looking to right historical wrongs and build a global digital community with real-world impact, Web3 collective Afropolitan announced that it had raised $2.1 million in pre-seed funding to advance its vision of a digital nation for the African Diaspora.
Participants in the raise include #Hashed, Cultur3 Capital, and ex-Coinbase CTO Balaji Srinivasan, who in 2021 wrote what would become the basis for Afropolitan's plans for a digital nation.
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