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Afrofuture is a Decentralized Autonomous Organization (DAO) whose objective is to unlock the value of Africa's history and creative industries in Web3 by onboarding African artists into the opportunities of web 3 and NFTs.
Along with the launch of the first partner, the Mohamed Amin Foundation AfrofutureDAO launched its Ethereum-based social currency called [$Afrofuture]
AfrofutureDAO on Ethereum is open sourced with an ERC20 governance token that has a Ticker Symbol of AFTR and a Total supply of 100,000,000.
Anyone can acquire Afrofuture tokens on Uniswap by a simple swap and just like that the tokens are interchanged
This governance token grants the holder
Token
Governance
ERC20
Every quarter, five (5) NFTs from the Mohamed Amin Collection are auctioned off to collectors with proceeds from each sale going towards building and sustaining the $Afrofuture community.
Each quarter, as well as 5 incredible African Artists, are commissioned, through these quarterly NFT drops Afrofuture aims to catalyze dialogue about the stories and context behind these African stories while using $Afrofuture to organize creative efforts towards inspiring its future.
To be a commissioned artist under the ecosystem the individual will first need to apply for the $AFTR grants. Then the AfrofutureDAO team decides on the best ten (10) that meets the criteria. Token holders will now choose the Top five (5), garnting the Team approval to send confirmation email to each of the selected artist for the Cohort.
AFTR
AfrofutureDAO
Token Holders
Community
NFT
NFT Partners
Brave
Web 3
Future Africa
Hedera
ANC
Crypto museum
Genesis Drop
Osinachi
Commissioned Artists
Nigeria
Nairobi
NFT
Africa
2nd Cohort
3rd Cohort