Mara wallet has become the new buzzword in the African cryptocurrency community and aims to provide financial freedom and opportunities for the African community to leverage.
Cryptocurrency adoption is on the rise globally, with Africa as one of the leading continents in this global adoption trend. According to a survey conducted by Triple A, Africa makes up a large percentage of the global cryptocurrency population, with over 53 million cryptocurrency users in Africa alone.
#Bitcoin and crypto adoption:— Documenting Bitcoin 📄 (@DocumentingBTC) August 24, 2022
🇺🇸 USA 46 million
🇮🇳 India 27 million
🇵🇰 Pakistan 26 million
🇳🇬 Nigeria 22 million
🇻🇳 Vietnam 20 million
🇨🇳 China 20 million
🇧🇷 Brazil 16 million pic.twitter.com/BZxdqIY8ac
This shows that the cryptocurrency market is viable and buzzing in Africa. It is no wonder most cryptocurrency projects target Africans for marketing campaigns and user adoption. Even though the rate of African adoption of cryptocurrency is high, there is an inherent issue with the African cryptocurrency market.
The issue here is that most of the most prominent and widely accepted cryptocurrency projects, including cryptocurrency exchanges, are not indigenous African projects. Therefore, Africa makes up a large percentage of the global cryptocurrency users yet plays little role in the provision of services in the cryptocurrency market.
However, this is where Mara comes in. Mara is a fast-growing pan-African company that plans to further drive the adoption and localized use of cryptocurrency among the African community through its wide range of crypto products that are specially designed to suit the African audience.
The frequent cases of currency devaluation, especially in the African community, that have led to several cases of inflation where prices of goods and services have doubled or even tripled within the past few years, have further shown that there is an urgent need for a decentralized financial structure instead of the centralized structures that have proved to be inadequate.
Several African countries are faced with the issues of economic meltdown and currency devaluation, leaving the citizens to face the aftermath of these poor financial decisions taken by the centralized authorities.
Mara hopes to lead the course toward a decentralized financial structure in the African community, providing a range of crypto products that are specially built for the African audience and further driving the knowledge and adoption of cryptocurrencies in Africa.
What is Mara Wallet?
Mara recently announced the launch of its first crypto product, Mara Wallet, which would be easy to use payment portal to connect Africans to the possibilities of the cryptocurrency space while driving for financial freedom and control over their money. The Mara Wallet also aims at creating a decentralized financial structure for the local indigenous Africans.
Mara wallet was created with the intent to help Africans access the cryptocurrency space easily, buy and sell cryptocurrencies, NFTs and have control over their finances, and further drive crypto education in the African diaspora.
According to the CEO of Mara, Chi Nnadi,
“At Mara, we are committed to the financial empowerment of the individuals that use our products and services to meet their various crypto-finance needs, and we take the responsibility of building an informed community seriously.
“As one of our first steps to achieve crypto education and financial literacy and ensure a more equitable distribution of capital, we are delighted to pre-launch the Mara Wallet,”
In line with Mara’s vision to drive financial freedom among African cryptocurrency users, as part of its Mara wallet prelaunch campaign, it made it possible for users to earn financial rewards as early adopters of the Mara wallet.
How to earn with Mara wallet?
The Mara team recently announced the prelaunch of its Mara wallet, which is aimed to further the easy usage and adoption of cryptocurrency in African society. Part of the Mara company’s vision is to foster financial freedom among the African community.
As part of the Mara wallet prelaunch campaign, Mara is making it possible for early adopters of the Mara wallet and Africans that are curious about cryptocurrency to earn financial rewards for early adoption of the Mara wallet app.
Here’s how it works.
- Users get a $2 sign-up bonus upon downloading the Mara wallet app
- After downloading, users earn a $1 reward per referral
- Rewards gotten from the total referral can either be received in crypto (that’s the Mara token that will be up for sale upon the launching of the Mara exchange) or in fiat that is transferable to the local bank account.
Mara Wallet rewards early adopters in 3 ways:
- The Mara Super Champions
- Mara Champions and
- Mara Users
The ongoing Mara prelaunch campaign has helped a lot of African cryptocurrency enthusiasts earn mouth-watering passive income even amid the dip and various levels of financial and economic meltdowns in the different African economies.
There have been several testimonies and affirmations of Mara keeping to its promise of helping foster more crypto adoption and financial freedom for the African community through its Mara wallet prelaunch campaign that is set to last until the final launch of the Mara crypto exchange.
To get started earning from the Mara wallet pre-launch campaign, tap here.
Is Mara Wallet Legit?
Mara is aiming to be a game changer in the African cryptocurrency sphere, revealing a roadmap to roll out even more crypto products that will be especially beneficial for the African audience, providing different opportunities for members of the African community to maximize and leverage the cryptocurrency space.
Mara also plans to be at the forefront of pioneering this global adoption in Africa by leading more Africans to take advantage of the vast opportunities available in the cryptocurrency space, utilizing the vast untapped young talents in the African community through various schemes for cryptocurrency education and financial knowledge.
In line with achieving this level of global relevance, Mara has partnered with several top cryptocurrency investors and angel investors, including the likes of Mike Shinoda, Steve Aoki, and Disclosure), and nearly 100 other crypto investors and angels, including Amit Bhatia and Hamad Alhoimaizi.
In addition, Mara has also partnered with the first African country to adopt bitcoin as a legal tender, the Central African Republic, to become its official crypto partner and special advisor to the President on crypto planning and strategy.
Mara’s vision to make a change in the African community is really large and it is taking massive efforts to bring its goals to reality. This massive goal is projected to be attainable by the specialized skills and strong spirit of determination of the Mara team.
In the words of Schuster Tanger, co-founder of TQ Ventures.
“We are pleased to partner with MARA as it embarks on building a digital financial system for Sub-Saharan Africa.”
“With the right resources, this region has the potential for mass adoption of cryptocurrency.” To that end, the local knowledge and specialized skills of the MARA team are quite promising.”
It has gone on to be backed by some of the top crypto venture capitalists globally, including Coinbase Ventures, Alameda Research (FTX), Distributed Global, TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures, Infinite Capital, DAO Jones, and many more.
Also Read: Join the Vibra Africa Ambassador Program