Description

We are targeting the African population who's median age in is 19.7years. This means capturing a market while in its infancy. More users creating accounts to make purchases, or visit shops , and in return more impressions for other users and other projects on the Metaverse. Africa's internet infrastructure is pretty much non existent, or very poor where it exists, we are happy to be one of the few companies building it. What this means for the young people doing business online, it is challenging, also for the few who have managed to conquer the internet they frequently face multiple roadblocks like nonexistent platform integration ie pay pal failure to integrate Mobile money though some progress has been made towards this end it has been long overdue. There is a nonexistent bridge between Credit cards a payment mode dominant in the west. This means restricted capital flows hence a problem resolved by digitizing the business premises . Its worth noting credit and debit cards are NOT accepted by a large number of residents of the vast continent, but mobile is the dominant form of payment in the order of several fold. Bitsoko is Building its services around mobile money. We intend to resolve this by allowing our merchants to sell their digital goods and services in the Metaverse thereby eliminating excessive bureaucracy and excessive red tape experienced during the business registration process experienced by many young entrepreneurs starting their entrepreneurship journey. Capturing the market potential of the Young African continent should be something Decentraland should be interested in. Not only will they visit our shops on the mataverse, they will also visit other locations on Decentraland implying positive multiplier effects in terms of user visits and Platform adoption, I am sure they will be spending alot too.