The growing adoption of NFTs and blockchain technology is set to have a major impact on Africa, the world’s poorest continent.

NFTs in Africa Nigerian record label owner and producer Don Jazzy introduced NFTs into the Nigerian music industry in 2021 and in doing so earned over $300,000.

According to the report, the strong interest among Africans suggests that NFT usage will more than double in these countries.

NFTs make it easier for creators to increase their earnings, particularly as Africa’s unemployment rate worsens.
NFT marketplaces make it easier to sell to potential customers interested in their art.

When dealing with NFTs, one must take the government into account.
Source: NFTNewsToday.com
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