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Top and homegrown cryptocurrencies in South Africa

#1
Bitcoin, by a long mile, is the most popular digital currency in South Africa. It is so popular that many people do not know the difference between Bitcoin and cryptocurrencies. Ethereum comes a distant second to Bitcoin, just like it does on market capitalization.[/font][/ exchanges that legally operate in South Africa mostly offer to trade off the top 30 cryptocurrencies. Other cryptocurrencies talked about in the country include Litecoin, Dogecoin, and Ripple.[/font][/size][/color][/align]

There are also some cryptocurrencies that were launched in South Africa while some have opened offices in the country. Here is a shortlist of such cryptocurrencies.The UBX token developed on the Ethereum blockchain is one of the first cryptocurrencies to be launched in South Africa. The UBX presale took place in September in 2017. The project wants to tackle poverty in Africa through the use of blockchain technology.[/font][/size][/color][/align]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]SAFCOIN[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]The SAFCOIN which is currently holding its pre-token sale was created for South Africans who missed out on the bitcoin mania. SAFCOIN’s website claims that developed nations cashed in billions before South Africa and developing nations caught on the new source of wealth.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Rhino Coin[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]The Rhino Coin is exactly that. It has beendescribed by its founders as a “cryptocurrency with a conscience” because it was created to generate revenue to help safeguard the lives of rhinos. Rhinos are endangered species because they are poached for their horns which are mainly exported to Asian markets.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]OneGram[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]OneGram, a Shari’ah compliant and gold-backed cryptocurrency was initially launched in Dubai in 2017. It was, however, launched in early September in South Africa to give the Islamic community an opportunity to invest in cryptocurrencies.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Afro – (yet to be confirmed)[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Tumelo Ramaphosa, the son of Cyril Ramaphosa, the president of South Africaannounced plans to launch a cryptocurrency backed by animals. The proposed cryptocurrency, which the young Ramaphosa is thinking of naming Afro will allow several people to own a single animal, be it a cow or some other endangered species.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Ora digital token[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Orania, a controversial whites-only Afrikaaner community in Northern Capeplanned to launch its own cryptocurrency in July 2017. Established in 1991 towards the end of apartheid, Orania is located on private land and is therefore protected by law to decide who lives within its community.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Orania uses the Ora currency, which is more like a voucher pegged to the South African Rand. It cannot issue its own currency because it is under South African laws. The physical Ora is limited in functionality and this is where the proposed e-Ora comes in.[/font]
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#2
(11-23-2019 03:54 AM)njiahderick Wrote: Bitcoin, by a long mile, is the most popular digital currency in South Africa. It is so popular that many people do not know the difference between Bitcoin and cryptocurrencies. Ethereum comes a distant second to Bitcoin, just like it does on market capitalization.[/font][/ exchanges that legally operate in South Africa mostly offer to trade off the top 30 cryptocurrencies. Other cryptocurrencies talked about in the country include Litecoin, Dogecoin, and Ripple.[/font][/size][/color][/align]

There are also some cryptocurrencies that were launched in South Africa while some have opened offices in the country. Here is a shortlist of such cryptocurrencies.The UBX token developed on the Ethereum blockchain is one of the first cryptocurrencies to be launched in South Africa. The UBX presale took place in September in 2017. The project wants to tackle poverty in Africa through the use of blockchain technology.[/font][/size][/color][/align]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]SAFCOIN[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]The SAFCOIN which is currently holding its pre-token sale was created for South Africans who missed out on the bitcoin mania. SAFCOIN’s website claims that developed nations cashed in billions before South Africa and developing nations caught on the new source of wealth.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Rhino Coin[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]The Rhino Coin is exactly that. It has beendescribed by its founders as a “cryptocurrency with a conscience” because it was created to generate revenue to help safeguard the lives of rhinos. Rhinos are endangered species because they are poached for their horns which are mainly exported to Asian markets.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]OneGram[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]OneGram, a Shari’ah compliant and gold-backed cryptocurrency was initially launched in Dubai in 2017. It was, however, launched in early September in South Africa to give the Islamic community an opportunity to invest in cryptocurrencies.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Afro – (yet to be confirmed)[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Tumelo Ramaphosa, the son of Cyril Ramaphosa, the president of South Africaannounced plans to launch a cryptocurrency backed by animals. The proposed cryptocurrency, which the young Ramaphosa is thinking of naming Afro will allow several people to own a single animal, be it a cow or some other endangered species.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Ora digital token[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Orania, a controversial whites-only Afrikaaner community in Northern Capeplanned to launch its own cryptocurrency in July 2017. Established in 1991 towards the end of apartheid, Orania is located on private land and is therefore protected by law to decide who lives within its community.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Orania uses the Ora currency, which is more like a voucher pegged to the South African Rand. It cannot issue its own currency because it is under South African laws. The physical Ora is limited in functionality and this is where the proposed e-Ora comes in.[/font]
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#3
(11-23-2019 08:50 AM)Edresiapaps Wrote:
(11-23-2019 03:54 AM)njiahderick Wrote: Bitcoin, by a long mile, is the most popular digital currency in South Africa. It is so popular that many people do not know the difference between Bitcoin and cryptocurrencies. Ethereum comes a distant second to Bitcoin, just like it does on market capitalization.[/font][/ exchanges that legally operate in South Africa mostly offer to trade off the top 30 cryptocurrencies. Other cryptocurrencies talked about in the country include Litecoin, Dogecoin, and Ripple.[/font][/size][/color][/align]

There are also some cryptocurrencies that were launched in South Africa while some have opened offices in the country. Here is a shortlist of such cryptocurrencies.The UBX token developed on the Ethereum blockchain is one of the first cryptocurrencies to be launched in South Africa. The UBX presale took place in September in 2017. The project wants to tackle poverty in Africa through the use of blockchain technology.[/font][/size][/color][/align]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]SAFCOIN[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]The SAFCOIN which is currently holding its pre-token sale was created for South Africans who missed out on the bitcoin mania. SAFCOIN’s website claims that developed nations cashed in billions before South Africa and developing nations caught on the new source of wealth.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Rhino Coin[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]The Rhino Coin is exactly that. It has beendescribed by its founders as a “cryptocurrency with a conscience” because it was created to generate revenue to help safeguard the lives of rhinos. Rhinos are endangered species because they are poached for their horns which are mainly exported to Asian markets.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]OneGram[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]OneGram, a Shari’ah compliant and gold-backed cryptocurrency was initially launched in Dubai in 2017. It was, however, launched in early September in South Africa to give the Islamic community an opportunity to invest in cryptocurrencies.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Afro – (yet to be confirmed)[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Tumelo Ramaphosa, the son of Cyril Ramaphosa, the president of South Africaannounced plans to launch a cryptocurrency backed by animals. The proposed cryptocurrency, which the young Ramaphosa is thinking of naming Afro will allow several people to own a single animal, be it a cow or some other endangered species.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Ora digital token[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Orania, a controversial whites-only Afrikaaner community in Northern Capeplanned to launch its own cryptocurrency in July 2017. Established in 1991 towards the end of apartheid, Orania is located on private land and is therefore protected by law to decide who lives within its community.[/font]
[font=-apple-system, '.SFNSText-Regular', 'San Francisco', Roboto, 'Segoe UI', 'Helvetica Neue', 'Lucida Grande', sans-serif]Orania uses the Ora currency, which is more like a voucher pegged to the South African Rand. It cannot issue its own currency because it is under South African laws. The physical Ora is limited in functionality and this is where the proposed e-Ora comes in.[/font]
Reply