Cointime

Cointime

Download App
iOS & Android
Home / Projects

BuuPass Mobility Digital Infrastructure Company Gets Funding From Adaverse To Integrate Web3 and Expand Markets

African online ticketing platform BuuPass secures investment from Adaverse to integrate Web3 interface and expand market. The platform aims to digitally solve problems in Africa's transportation system, improve efficiency and customer experience, and capture Africa's long-distance transportation market valued at 40 billion US dollars. BuuPass has successfully sold over 9 million tickets, achieving a gross merchandise volume (GMV) of $30 million in 2022. The company plans to further expand its business scope, including air tickets, train tickets and other services, and explore the application of blockchain technology in loyalty programs, smart contract bookings and other aspects. Adaverse is a Cardano accelerator with operations in Africa and Asia dedicated to supporting the development of Web3 projects.

investment
Comments

All Comments

Recommended for you

  • XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22

    On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8).

  • Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts

     Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC).

  • Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network

    According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud.

  • The country's first digital RMB-based intellectual property securitization product was successfully issued

    "Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.

  • APT breaks through $9.5

    market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.

  • BTC falls below $72,000

    the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control.

  • BTC breaks through $67,300

    market data shows that BTC has broken through $67,300 and is currently trading at $67,301.99, with a 24-hour increase of 0.56%. The market is volatile, so please be prepared for risk management.
  • Ana Paula Pereira ·

    Sam Bankman-Fried's perspective on FTX fall

    Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes."
    Sam Bankman-Fried's perspective on FTX fall

  • Encryption Fund MT Capital Received $10 Million Investment From BM Fund, a Canadian Family Office

    BM Fund, a well-known family office in Canada, announced a $10 million investment in MT Capital. Momentum Capital (MT Capital for short) is a native cryptocurrency fund headquartered in the San Francisco Bay Area. It was initiated by multiple senior investors who entered the cryptocurrency industry early, and the main team members have invested in many well-known projects. Carmen, the founder of BM Fund, said: "MT Capital's partner Eason has achieved significant returns for us in many previous collaborations. His professional investment vision is an important reason why we decided to invest in Momentum Capital during the bear market."

  • Thailand Threatens Court Action Against Facebook Over Crypto Scam Ads

    Thailand is threatening to take legal action against Facebook if it does not address the issue of alleged investment and crypto scam ads on its platform. The Ministry of Digital Economy and Society claims that over 200,000 people have been deceived by Facebook ads promoting crypto scams, fake businesses, and fake government agencies.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company