Africas #1 Web3 startup, Momint, secures $50,000 grant from DFINITY Foundation: local startup positions itself for further global expansion
Momint, Africa’s leading Web3 platform based in South Africa, has secured a $50,000 grant from the DFINITY Foundation, a Swiss non-profit organization known for having the largest blockchain R&D team globally. The grant was obtained through the Internet Computer Protocol (ICP) Hub of Southern Africa, also known as Mzansi Web3 (MW3), which is funded by DFINITY.
Momint will use the grant to integrate the ICP blockchain towards enhancing its business operations. This strategic move aims to solidify Momint’s global expansion efforts, positioning the local startup to gain, retain, and expand its market share in today’s highly competitive international digital economy.
MW3 was established as the ICP hub in Southern Africa to offer the region a purposeful gateway to the world of decentraliz...
