EMURGO Africa 2023 Q1 Report: Coin Market and Tokenized Projects

EMURGO Africa 2023 Q1 Report: Coin Market and Tokenized Projects

EMURGO Africa 2023 Q1 Report is finally out!

Download the full report from here πŸ‘‡πŸ˜Œ


Table of Contents of Report:

  • Chapter 1: Executive Summary
  • Chapter 2: Token Projects on Coin Market
    - Basics of Coin Market Data
    - Token Type and Market Cap
    - Price Change over Time
    - Token Ranking over Time
    - Token Classifications
  • Chapter 3: Tokenized Projects in Africa
    - Tokenized Projects in Africa
    - Price Change over Time
    - Tokenomics
  • Chapter 4: EMURGO Africa Updates
    - About EMURGO Africa
    - EMURGO Africa Portfolio
    - Our New Investment
    - EMURGO Africa Reports
    - EMURGO Africa News

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Here is the summary of the report.

In chapter 2, Token Projects on Coin Market, I analyzed the top 100 tokenized projects by coin market capitalization (as of April 8, 2023).

Among top 100 tokens, nearly half of the projects represent layer 1 blockchains, followed by stablecoins, DEX protocols, layer 2 blockchains, and CEX protocols.

Regarding the relative current or highest price to start price and the speed of price rise, Bitcoin ($BTC), Shiba Inu ($SHIB), and Binance Coin ($BNB) show one of the highest relative prices and the fastest price growths.

Regarding token rankings, by accounting for when it showed the highest ranking and lowest ranking, and also the number of years raking up and down, Ethereum ($ETH), Quant ($QNT), and Tether ($USDT) show the consistent growth of the token rankings.

In chapter3, Tokenized Projects in Africa, I studied 20 tokenized projects in Africa and their price change over time and tokenomics. Only Empowa ($EMP) has grown its token price so far. However, we need more time to know the robustness because its launch was only around a year ago.

Chapter 4, EMURGO Africa Updates, updates you with our new investments, reports, and recent activities such as launch of NODO and NODO related products.

🎯 The report is all visualized, and the link to all data in a spreadsheet is available in the report.

For more detailed information, you can download the full report from here πŸ‘‡πŸ˜Œ We hope you enjoy the report! Thank you.


Follow EMURGO Africa for more information

EMURGO Africa invests and supports local Web3 projects in the region to adopt Cardano’s decentralized blockchain technology to build socially impactful solutions.

As a regional entity of EMURGO, the official commercial arm of Cardano, EMURGO Africa also runs a local Cardano accelerator in Africa, Adaverse, which accepts applications year-round.

For more up-to-date information on EMURGO Africa, follow the official channels listed below.

About EMURGO Africa