Binance Sponsors Africa Cup Of Nation

Very boss move made by Binance to an event where most of the participants countries dont like crypto. African Cup of Nation should be the biggest football in Africa, am sorry, am not the sport kind of person. So I might be wrong on “Africa Cup Of Nation” Being the biggest football event in Africa.

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Imagine banning crypto and indirectly allowing crypto advert broadcasted across all national tv and radio stations because you have no other choice because, your country is playing in the Africa Cup Of Nation. That’s the case of these African countries right now.

Lots of African football lovers and fans always look forward to the event, because this event is a big deal to Africans. They love the feeling of sitting down in their houses on Saturday afternoon or any other day and watch the football match especially when it involves their country.

This is another way of reminding these African countries that dislike crypto that crypto is here to stay and crypto is the future.

Crypto has shown the African youth how possible it is to acquire wealth. With great deal of utilities, Africa needs crypto more. First of all they need crypto to tackle the economic instability and bad governance. It’s nice to see that young African youths don’t depend on their governments anymore for employment.

I recently saw a 19 year old Nigerian who made a lot of money off NFTs, he is a digital artist. With the amount of money he has acquired from selling NFTs on opensea he has founded a crypto exchange. Not as large as other crypto exchanges but enough to provide a good quality amount of crypto related services.

Binance sponsoring the African cup of nation might just give other crypto exchanges the idea and motivation to sponsor more popular events in Africa thereby creating more awareness. This will definitely create more crypto decentralization adoption where no one will have to wait for regulatory approval anymore.

Thinking about this, I can’t help but think of more crypto exchanges actually coming to Africa do lots of charitable sponsorship to create awareness. The African leaders like lots of free stuff and arms because it means they don’t have to spend the money allocated for some certain projects in the country anymore. For instance, imagine crypto exchanges coming to build schools, roads or helping provide water and electricity and in return they have to advertise their exchanges or teach young Africans blockchain so they can be great crypto developers. I bet you that lots of African leaders won’t oppose that.

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