Cardano Accelerator Adaverse Funds Seso Real Estate Property Marketplace to Drive Cardano's Adoption
Summary
The funding round aggregated prominent angel investors such as Ibrahim Sagna, Albert Essien, and Jamie Broderick, as well as venture capital firms including Emurgo Africa, Adaverse, Columbus Angel Network, Moabi Group, Rising Tide, and Kepple Africa Ventures.Adaverse was launched in September 2021 as a joint venture partnership between EMURGO Africa and Everest Ventures, to identify and provide valuable support resources to promising African founders building the next wave of Web3 dApps in DeFi, NFTs, gaming, metaverse, and more on Cardanos third-generation and environmentally-sustainable blockchain.Seso Global is an all-inclusive proptech platform redefining the African real estate business by providing a streamlined and trustworthy property buying experience. Furthermore, the Customer Relationship Management (CRM) feature simplifies portfolio management for property owners, developers, estate agents, and investors with easy uploads of properties and payment options that transcend regional limitations.Daniel Bloch, the CEO and co-founder of Seso conceived the idea to bolster the African real estate business with a trusted immutable ledger in 2017. Seso addresses the lack of property documentation prevalent in rural Africa by collaborating with the government and establishing a land registry platform that will expedite the processing of title documents, and simplify property ownership and acquisition processes.The real estate sector is one of the cornerstones of growth for the rising African economy, but remains largely unexplored in the absence of a reliable and standardized structure. However, due to excessive capital exportation by affluent Africans and unfavourable land-use policies, the sector lacks confidence and security, which significantly impedes its anticipated growth pace. We will support the next phase of expansion and help drive the projected revenue target in the coming years.Adaverse is a catalyst for the Cardano ecosystem in Africa dedicated to invest, mentor and provide tech support for African startups building the next wave of Web3 decentralized applications including NFTs, DeFi, and others on Cardanos third-generation blockchain.Adaverse offers a strong accelerator program and funding that covers early-stage startups ranging from an idea to post-revenue series A ventures.