Blockchain and digital assets are reshaping the way we think about finance, technology, and the future of economies. On September 6th and 7th, 2023, the Stakeholders in Blockchain Association of Nigeria (SIBAN) brought together industry leaders, innovators, and enthusiasts for the much-anticipated Digital Assets Summit. The event was nothing short of transformative, offering valuable insights and sparking engaging discussions on the evolving landscape of digital assets.

The Digital Assets Summit: A Confluence of Visionaries

The SIBAN Digital Assets Summit served as a meeting point for thought leaders, entrepreneurs, and policymakers in the blockchain and digital assets space. It was a testament to Nigeria’s growing influence in the global blockchain ecosystem and the significance of digital assets in today’s financial world.

Key Takeaways from the Summit

1. DeFi Revolution: Decentralized Finance (DeFi) took centre stage as speakers delved into its potential to reshape traditional finance. Discussions revolved around the democratization of financial services, yield farming, and the challenges and opportunities this space presents.

2. NFTs and the Creative Economy: Non-Fungible Tokens (NFTs) were in the spotlight as well. The summit explored how NFTs are disrupting the creative industry, providing new avenues for artists, musicians, and creators to monetize their work.

3. Digital Assets Regulation: Policymakers and regulators participated actively, discussing the importance of responsible regulation for the growth of the digital assets market. This dialogue aimed to strike a balance between innovation and consumer protection.

4. Blockchain for Social Impact: The summit didn’t just focus on financial applications. It also highlighted the potential of blockchain for social impact, touching on issues like identity management and supply chain transparency.

Networking and Collaboration

Beyond the insightful sessions, the summit provided an invaluable opportunity for networking and collaboration. Attendees had the chance to connect with like-minded individuals, potential partners, and mentors. The sense of community and shared purpose was palpable, reinforcing the belief that Nigeria is poised to play a pivotal role in the global blockchain ecosystem.

Ambassadorial Impact

During the summit, I was privileged to represent Kaspa BlockDAG as the Nigeria Ambassador. During the course of the event, I played a crucial role in promoting Kaspa’s innovative Blockdag technology, discussing potential listings ($Kas) with exchanges, and meeting with industry leaders in the crypto and web3 space in Nigeria. I also engaged with over 20 individuals as potential Kaspa Ambassadors in their respective institutions, spreading the vision of Kaspa’s blockchain advancements.

Looking Ahead

The SIBAN Digital Assets Summit 2023 was a resounding success, leaving us with much to ponder as we navigate the ever-evolving world of digital assets. The lessons learned and connections made at this event will undoubtedly shape the future of blockchain and its impact on Nigeria and the world.

As we move forward, it’s clear that Nigeria’s blockchain and digital asset community is not only embracing change but also driving it. We look forward to witnessing the innovations and developments that will emerge from this vibrant ecosystem.

Thank you, SIBAN, for organizing an event that will have a lasting impact on the blockchain landscape. Until next year!

◦ Sensitization of persons as regards Kaspa BlockDAG etc
◦ Had meetings with over 15 potential ambassadors from some schools not in the original list I mentioned earlier, so we’re hoping to have regular monthly meetups in at least 12 of those schools after now.
◦ I expected to meet the Billpoint app CEO during the event, but he didn’t show up, nor did he send a representative; I’d have to find another route to get in touch with him or his representative. However, I was able to meet with the team behind Vent Africa (A P2P platform that specializes majorly in crypto-to-cash conversion directly for African countries, and discussed some of the possibilities of getting $KAS listed there for easy conversion of $KAS to cash and vice versa), Also met with some community leads of some projects for some potential partnerships and ultimately, it’s a resounding success, as most of them are willing and open to partner with the Kaspa community.

What’s Next?

To further fuel what we have achieved with this event, I feel it’s important to continue the work by:
◦ Ensuring the monthly meetups holds in these institutions and that merchs(no matter how small) would be given to those students in question….
◦ Fixing up Kaspa-themed billboards in at least 5 of these institutions with close proximity watching the impact, and replicating this in the other schools ultimately
◦ Work closely with the Vent Africa community and Team to get $KAS supported there and ensure a steady conversion route from $KAS to local currencies to ensure smooth and continuous usage of $KAS not just in Nigeria, but Africa at large ultimately.

This is basically a mini summary of what went on, but it was much bigger than this.
Thanks to Rhubarbarian and for the sponsorship from the Community Marketing Fund and thanks for putting me out there with the Industry leaders in Nigeria to tell them about Kaspa and the $KAS coin! I’ll definitely do more!

Please consider supporting the Community Marketing Fund (CMF) to see more of this activity around the globe!
Donations to the Community Marketing Fund address:

Reports can be found on KaspaTalks

If you would like to support the local efforts with what Balor is doing in the Nigeria region, Contribute here: kaspa:qz8rc7w5r6f69y7n6w43gyd8ljnhsfz4xpn4t94asfarek8wg8dpx06dr3m5e

If you feel this role is something you would like to step into in your region, consider applying here.

Please read and understand the criteria well, as a considerable level of energy and personality is required to be the face, hands and feet of Kaspa!  This is a volunteer role at the moment, but as your local community grows we hope to see some donations come in specifically for the Ambassadors.  As it is now, the CMF covers most hard costs for venues, merchandise, mentorship and creative from Rhubarbarian and his team.