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Founders Factory Africa Announces The Raise of $114 Million to Fund African Startups

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Founders Factory Africa (FFA), a startup accelerator and incubator focused on supporting and scaling African tech startups, has secured $114 million in funding to scale its model across the African tech ecosystem.

The funding saw participation from Mastercard Foundation and Johnson & Johnson Impact Ventures, an impact fund with the Johnson $ Johnson Foundation follows on from previous investments into Founders Factory Africa by Standard Bank, Small Foundation and Netcare.

CEO of Founders Factory Africa, Bongani Sithole said that the firm is determined to achieve its goals of developing the tech ecosystem by supporting tech-driven solutions. He added that the company will continue to provide the founders it invests in with the necessary tools for success.

Moving Africa forward requires more of us to support tech-driven, solution-oriented ventures that have the potential to scale and make an impact at speed. Our role as Founders Factory Africa is to provide founders with the funding, knowledge and hands-on venture-building support they need to achieve commercial success and create outsized, systemic impact,” he said

Also speaking on the funds raised, Chief Portfolio officer of Founders Factory Africa, Sam Sturm said,

“Our new fund will allow us to continue supporting the continent’s most promising early-stage ventures and their exceptional fourders with the capital and resources they need to fuel their growth”.

With this funding, Founders Factory Africa intends to double down on its investment model to reach more African tech startups.

The startup accelerator said it will be broadening its capital investment offering to include non-dilutive capital, supporting the continent’s need for different capital deployment types across the venture maturity curve, and strengthening Founders Factory Africa’s internal capacity to continue to provide its portfolio of start-ups with the best venture-building support on the continent.

The additional funding affirms Founders Factory Africa’s hybrid investment model of combining capital and operational support and will help the early-stage investor further iterate this model by:

•Becoming sector-agnostic in its investment with founders who prioritise business fundamentals, and will also double down on addressing the gender imbalance in the ecosystem.

•Broadening its capital investment offering to include non-dilutive capital, supporting the continent’s need for different capital deployment types across the venture maturity curve.

•Strengthening Founders Factory Africa’s internal capacity to continue to provide its portfolio of start-ups with the best venture-building support on the continent.

Since its inception in 2018, Founders Factory Africa has invested in over 55 tech start-ups across 11 countries in East, West, North, and Southern Africa.

The portfolio covers fintech and healthtech companies and includes Asaak, an asset financing startup for boda boda drivers in East Africa; Envisionit, Deep Al, a South African medical technology company using Al to transform medical imaging diagnosis; Fresh Source, an Egyptian food tech startup.

The startup focuses on supporting and scaling startups across various sectors in Africa. It provides funding, resources, mentorship, and access to a network of experts to help startups grow and succeed.

Founders Factory Africa invests up to $250,000 in ventures at idea, pre-Seed and Seed stage. It looks out for ventures that are solving real problems and have the potential for massive scale.

It also offers bespoke hands-on venture support by Partnering with startups to grow their venture. Founders’ Studio team of in-market venture-building specialists works hand-in-hand with every venture in our portfolio to solve their most critical challenges.

With experts in product, growth, design, talent, tech, strategic partnerships, and investment, the Studio team is well-positioned to help founders address a wide variety of challenges

A look at the growing portfolio of Founders Factory Africa reflects the diverse nature of its Pan-African startup ecosystem in leadership, location, and solutions. It also shares a desire to actively create a radically positive future for the continent.

From Rookie to Shark: A Comprehensive Guide to Progressive Betting Strategies

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From Rookie to Shark: A Comprehensive Guide to Progressive Betting Strategies is a comprehensive guide for gamblers of all levels, from beginner to expert. It provides an in-depth look at the most effective and popular betting strategies, including Martingale, Parlay, D’Alembert, Fibonacci, and Labouchere systems. It covers the pros and cons of each strategy, as well as provides tips on bankroll management, emotional control, and playing smart. It also offers advice on setting realistic goals and understanding the risks associated with gambling. With this guide, gamblers can take their game to the next level and become true sharks at the tables.

Understanding the Basics of Progressive Betting

If you’re new to sports betting, learning the fundamentals of progressive betting may seem intimidating. However, it doesn’t have to be – with some research and practice, you can quickly become an expert in the various types of progressive betting strategies available.

Progressive betting is a type of sports wagering system in which the bettor increases their stake amount after every win and decreases it after every loss. This strategy aims to capitalize on streaks – either winning or losing – and recoup losses while minimizing risk when the odds are against you.

The SportsBet app provides an easy-to-use platform for those wanting to try progressive betting. It is a great way to get started with sports wagering and understand the different types of bets available, such as Money Line, Parlay, Teaser and more. With SportsBet’s intuitive interface, you can quickly create customized bet slips based on your preferences and track your progress with each bet you make.

The most important thing to remember when using the progressive betting strategy is to be disciplined and manage your bankroll carefully. To maximize your chances of success, it’s important to understand the different types of wagers available and choose one that suits your style of play.

Building a Strong Foundation: Bankroll Management

When it comes to sports betting, no matter how skilled you are or what strategies you employ, none of it matters if you don’t have proper bankroll management in place. An important aspect of responsible gambling is bankroll management, which involves setting a limit on the amount of money one can afford to lose. This total amount should then be divided into smaller portions, each intended for a single bet.

This means that not all of your money should go to single bets; instead, you should divide it into multiple smaller parts. This way, if a bet fails, you won’t lose your entire bankroll and will still have funds available to make another bet. Moreover, with progressive betting strategies focusing on longer-term gains, having a larger bankroll can allow you to climb the ladder more controlled, reducing risk and increasing potential profits.

The Martingale System: Doubling Down on Wins and Losses

Many people use the Martingale System as a betting strategy, increasing their bets after losing to compensate for any prior losses. It has been used extensively since the 18th century, and its popularity continues today as it offers an exciting way to increase winnings when playing games of chance. The primary idea behind the System is that if a bettor keeps doubling their wager after each loss, eventually, they will recoup all of their losses and make a profit. This System can be successful when playing games with even odds, such as roulette or blackjack.

While the Martingale System is an intriguing betting strategy, it has its drawbacks. Betting in this way requires a great deal of discipline and perseverance. If a bettor is not careful about how much they are wagering, they can quickly run out of money before recouping any losses. Additionally, this System does not always guarantee a win, as the odds of winning remain the same regardless of how much one bets. It is important to remember that gambling should always be done responsibly and never with more money than one can afford to lose.

Fibonacci Sequence: Nature’s Bet

The Fibonacci sequence is one of the most famous mathematical sequences in history, and it has been used to explain a variety of patterns found in nature. It can also be applied to gambling strategies such as the Martingale Strategy. The Martingale strategy is based on the idea that if you double your bet whenever you lose, eventually, you will recover your losses and then make a profit. This is based on the Fibonacci sequence, as each bet is double the amount of the previous bet until you eventually win. In general, this tactic is most effective in games with an equal likelihood of winning or losing, such as roulette. It can also be applied to other gambling activities like sports betting and even investing.

The Fibonacci sequence is a set of numbers in which each number is the sum of the two preceding numbers, starting from 0 and 1. This pattern can be seen in many natural places, from flowers to galaxies. When this same pattern is applied to gambling, you get the Martingale strategy that has been around for centuries and is still used today. The idea behind it is that eventually, you will win, so the more times you double your bet, the sooner you will recover all of your losses and make a profit.

Labouchere System: The Customizable Approach

The Labouchere System is a customizable approach to sports betting. It’s often compared to the Martingale Strategy but has some differences that make it more appealing for many players. The basic idea behind this System is setting up custom bet sizes and then modifying them over time as you win or lose. This process can help minimize losses while still providing the chance to win big.

The 19th-century British aristocrat Henry Labouchere is credited with popularizing the System that bears his name. The setup of this strategy is relatively simple: you start with a line of numbers representing your bet sizes and then add or subtract from that line as needed based on how your bets go. You’ll subtract the first and last numbers from your line if you win. On the other hand, if you lose, you’ll add the amount of your loss to the end of the line.

Positive Progression Betting: Ride the Winning Streak

Positive Progression Betting, or Ride the Winning Streak, is a popular system sports bettors use. This betting method assumes that when you win a bet, your previous winnings will cover any losses from future bets. The idea is to ride the winning streak as far as possible and turn a profit.

Under this System, bettors increase their wager size after a win and decrease it after a loss. The idea is to stake more of your bankroll on the games you are confident will be successful. This way, the profit made from each successive winning bet should offset any losses experienced in previous bets.

Negative Progression Betting: Minimizing Losses

Negative progression betting is the opposite of positive progression betting and involves increasing your stakes when you lose rather than when you win. The most common example of a negative progression system is the Martingale Strategy, which suggests that if you lose, you should double your next bet in order to recover any losses and ensure a profit. For centuries, gamblers have favored this strategy because of its simplicity and high potential for success. However, it is important to remember that the Martingale Strategy does have its drawbacks; if you experience a long losing streak, you could be left with huge losses that far exceed your original bankroll. This strategy should only be used in moderation, as it can quickly become unsustainable. Despite this, it can be an effective way to reduce losses in the short term.

Another popular negative progression betting system is the 1-3-2-6 System, which involves increasing your stakes after each loss until you recover your losses and make a profit. With this strategy, it is important to remember that if you experience more than four consecutive losses, you will be left with a loss regardless of the amount of winnings you have gained. This System is much more conservative than the Martingale Strategy and can be used to reduce losses when playing casino games or sports betting.

Conclusion

If you want to take your game up a notch, progressive betting strategies may be just what you need. The Martingale Strategy is one of the most popular and tried-and-true of these methods, as it provides an edge for players willing to wager larger amounts in exchange for greater rewards. While this strategy can be risky at times, with proper risk management and a strong understanding of the game’s rules, it can be an effective tool to help you take your game to the next level.

AI is Disrupting the Crypto Industry

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The crypto industry is one of the most dynamic and innovative sectors in the world today. It is constantly evolving and adapting to new challenges and opportunities. Blockchain and AI are two of the most disruptive technologies of the 21st century, and they have a lot in common. Both are based on distributed systems that rely on consensus mechanisms to ensure trust and transparency. Both are also driven by data and algorithms that can process large amounts of information and generate insights. However, they also have some limitations, obstacles and risks, such as cyberattacks, regulatory uncertainty, scalability issues, and market volatility.

One of the emerging technologies that could help the crypto industry overcome some of these challenges and unlock new possibilities is artificial intelligence (AI). AI is the branch of computer science that deals with creating machines or systems that can perform tasks that normally require human intelligence, such as learning, reasoning, decision making, and problem solving.

AI has many applications and benefits for the crypto industry, such as:

Enhancing security and privacy: AI can help detect and prevent cyberattacks, fraud, and theft by analyzing patterns and anomalies in the network, transactions, and user behavior. AI can also help encrypt and anonymize data, as well as create secure digital identities and wallets.

Improving efficiency and scalability: AI can help optimize the performance and speed of the network, transactions, and smart contracts by using algorithms and models that can adapt to changing conditions and demands. AI can also help reduce the energy consumption and environmental impact of the network by finding more efficient ways to process and verify transactions.

Generating insights and value: AI can help analyze and interpret large amounts of data from various sources, such as market trends, social media, news, and user feedback. AI can also help generate predictions and recommendations based on data analysis, as well as create new products and services that cater to the needs and preferences of users.

AI is not only a tool for the crypto industry, but also a potential partner. Some of the emerging trends and developments in this field include:

Decentralized AI: This is the concept of creating and distributing AI systems that are not controlled by a central authority or entity, but rather by a network of peers or nodes. Decentralized AI could enable more collaboration, innovation, and democratization in the crypto industry, as well as more transparency, accountability, and trust.

AI-powered crypto: This is the concept of creating and using cryptocurrencies that are powered by AI, such as using AI to generate or mine coins, or using AI to govern or manage the network. AI-powered crypto could enable more functionality, flexibility, and adaptability in the crypto industry, as well as more intelligence, autonomy, and creativity.

Crypto for AI: This is the concept of using cryptocurrencies to incentivize or reward AI systems or agents for performing tasks or providing services. Crypto for AI could enable more access, participation, and diversity in the crypto industry, as well as more value creation, exchange, and distribution.

AI is disrupting the crypto industry in many ways, but it is also creating new opportunities and possibilities for both humans and machines. The future of the crypto industry will depend on how well we can leverage the power of AI to enhance our capabilities, solve our problems, and achieve our goals.

There are already many projects and platforms that are using AI to enhance their blockchain solutions. Some examples are:

SingularityNET: A decentralized platform that allows anyone to create, share and monetize AI services at scale.

Ocean Protocol: A decentralized data exchange protocol that allows anyone to access, share and monetize data using AI.

Fetch.ai: A decentralized network that enables autonomous agents to perform tasks such as data collection, analysis and optimization using AI.

Numerai: A decentralized hedge fund that crowdsources machine learning models from data scientists and rewards them with crypto tokens.

Enigma: A decentralized protocol that enables secure computation over encrypted data using AI.

These are just some of the examples of how AI is transforming the blockchain industry. As the technology matures and adoption grows, we can expect to see more innovation and disruption in this space. AI powered crypto is not only a trend, but a necessity for the future of blockchain. 

Meanwhile, AI talent is scarce and it is causing challenges in some markets.

Hiring is so competitive in the field of artificial intelligence that some companies are offering almost seven figures for top talent. Others are training staff internally in the new technology or buying startups to acquire those skilled in it. Firms such as Walmart, Goldman Sachs, Amazon, and Accenture are all seeking machine-learning specialists, data scientists and others to mine AI’s potential to transform their businesses — a factor making the talent rush more intense, according to hiring experts. Amid a strike by Hollywood writers and actors over issues including job security related to AI, streaming giant Netflix recently posted a product manager position paying $900,000 annually.

Shibarium Blockchain: Examining Shiba Inu, Pepe, & Big Eyes Infinity’s Trajectories

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The launch of the Shibarium blockchain has triggered anticipation within the Shiba Inu (SHIB) community. Simultaneously, Big Eyes Infinity (BIGINF) seizes this momentum with a 4 month presale. Amidst this frenzy, a pivotal question arises: Will Shiba Inu continue to reign as the leading meme coin, or can PEPE’s (PEPE) recent surging popularity overthrow it? We will explore the intricacies of these three tokens together.

We will attempt to provide satisfying insights for meme coin market speculators and investors looking for the next biggest ROI in the meme coin market.

Shibarium Blockchain: Transforming SHIB Potential Beyond Meme Status

Shibarium is the forthcoming blockchain of Shiba Inu. Shibarium blockchain augments SHIB’s utility and operational scope by enhancing scalability, speed, and affordability. This blockchain emerged in response to the need for fast and cheap transactions. Shibarium blockchain is set to open up avenues for the integration of innovative decentralized applications. It can be stated the SHIB is going through a transformation phase from a meme token to a utility-driven crypto asset.

The official launch of Shibarium is scheduled during the Blockchain Futurist Conference in Toronto, Canada, on August 13-17, 2023. The combined impact of Shibarium’s launch and the heightened market activities could set the stage for a  surge in SHIB’s value. According to market analysts, there’s potential for SHIB to reach $0.000010 in the upcoming weeks and $0.00002 in subsequent months.

Breaking News: PEPE’s Swift Surge

On August 9, a major crypto investor spent 1 million USDC to acquire 807 billion PEPE tokens. Over the past week, the PEPE price ranged between $0.00000128 and $0.00000108. However, Pepe’s fortunes changed as it swiftly climbed from $0.00000122. During this upward surge, an unnamed investor made a bold move by investing 1 million USDC in 807 billion PEPE coins. According to expert predictions, Pepe Coin’s price may potentially surge to $0.000002 by the end of 2023.

Big Eyes Infinity: The Optimum Choice for Investors

As the market is buzzing about Shibarium’s launch and PEPE’s rise, Big Eyes Infinity is establishing a compelling case for investors. Big Eyes Infinity has some lessons learned from Big Eyes Coin’s presale.

This utility token holds the promise of taking the Big Eyes community to new heights. The community’s faith in the mission and future prospects of Big Eyes Infinity underscores its potential for success.

Community is the real source of value in crypto, and BIGINF’s team knows this well with its community-focused approach.

Big Eyes Infinity is characterized by a carefully structured token distribution strategy. It has a maximum supply of 50 billion tokens; 70% are allocated to the presale, 25% to decentralized exchanges, and 5% to marketing efforts. The presale launch price of 0.00006 demonstrates the project’s approach to the initial value. According to market analysts, the token is anticipated to reach 0.00036.

Food for Thought

As we’ve seen so far, the emergence of Shibarium and the ongoing Shiba Inu saga continue to capture the attention of investors. At the same time, PEPE’s rapid rise questions the supremacy of SHIB. But among these options, Big Eyes Infinity is an optimum choice for investors as it offers the potential for huge gains. The meme coin market speculators and investors now stand at a crossroads where the path to the next big ROI unfolds.

In this thrilling narrative, the choice is clear: seize the opportunity to invest in Big Eyes Infinity, where innovation meets community and potential transcends imagination.

Invest today and pave the way for a brighter tomorrow in the world of meme coins.

 

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: Telegram: Contact @BIGEYESOFFICIAL

Instagram: https://www.instagram.com/BigEyesCoin/

Twitter: https://twitter.com/BigEyesCoin

Beyond Eyeballs: Shytoshi Kusama’s Comment Sparks A SHIB-Worldcoin Drama – The Big Eyes Infinity Option

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In a recent statement, Shiba Inu’s (SHIB) lead developer, Shytoshi Kusama, ignited a spark in the cryptocurrency world by declaring that SHIB was superior to “any token that makes you scan your eyeballs.” While not explicitly naming the target, in the latest crypto news and discussions, it’s widely interpreted as a jab at Worldcoin (WLD).

This seemingly offhand comment has set the stage for potential drama between the two projects. This article examines the drama mounting up between these two cryptos and assesses their features. Moreover, we will be introduced to a third contender, Big Eyes Infinity (BIGINF), that is continuously gaining attention even in the heat of this drama.

SHIB: A Meme Coin Phenomenon

In the latest crypto news, Shiba Inu’s developer recently announced a trio of strategic partnerships, resulting in  a notable 19% spike in SHIB’s price. These partnerships are designed to expand the utility and adoption of the Shiba Inu token, which signals a growing influence of SHIB in the crypto landscape. One partnership involves a collaboration with a decentralized exchange, set to provide enhanced trading options and liquidity for SHIB.

Furthermore, Shiba Inu is making strides in the real world as another  partnership aims to integrate its token as a payment option in an e-commerce platform. This move seeks to bridge the gap between the digital and physical domains. Perhaps the most intriguing partnership involves the establishment of a decentralized NFT ecosystem centered around Shiba Inu. Non-Fungible Tokens (NFTs) have gained immense popularity, and Shiba Inu aims to capitalize on this trend by creating a platform for NFTs related to its brand.

Worldcoin: Eyeing Biometric Innovation

Worldcoin is a cryptocurrency project that uses digital identity verification. Its trending status is largely attributed to its unique approach to distinguishing genuine humans from bots or AI algorithms. Worldcoin has introduced a new digital identity verification system that uses iris-scanning technology in order to establish what it calls proof of personhood.

Worldcoin Price Prediction:

Drawing from the historical patterns of price fluctuations in Worldcoin, the anticipated minimum price for Worldcoin in 2024 stands at $1.78. Jointly, there is a prediction indicating that the value of Worldcoin might surge to a maximum of $2.94 in the upcoming year. Should WLD attain this upper price projection, it could potentially experience a growth of 25.10% by 2024 in contrast to its current value.

Big Eyes Infinity: Beyond Meme Coins

Amidst the drama unfolding between SHIB and Worldcoin, Big Eyes Infinity presents itself as a third-party alternative which focuses on the Big Eyes community’s growth. Big Eyes Infinity aims to enhance transparency by launching as a utility token. Holders gain access to the Big Eyes platform such as the 819Casino and play-to-earn (P2E) games.

Big Eyes Infinity stands out by offering integration with the 819Casino and P2E games. The BIG community’s support reflects faith in the project’s potential success; as a result, we are witnessing a growing trend of investor interest in this utility-driven tokens.

Consequently, every BIGINF token will be dispensed through an airdrop to holders upon inauguration, obviating the necessity for a claiming process. The debut of BIGINF is slated to occur directly on a decentralised exchange (DEX), underlining the aim of optimising gains for the community.

The tension between SHIB and Worldcoin has shifted the spotlight onto alternatives like Big Eyes Infinity. With a high-value proposition, Big Eyes Infinity offers a path for investors looking to avoid potential repercussions from the ongoing interactions between SHIB and Worldcoin. The rivalry between SHIB and Worldcoin highlights the potential for undesirable disruptions and unexpected turns.

Conclusion

While Shytoshi Kusama’s comment may have initiated just a friction, the subsequent outcomes reveal a range of possibilities and controversies for investors. Amidst the uncertainties, Big Eyes Infinity emerges as an intriguing contender. It offers a tangible utility that aligns with the demands of the crypto community. As the narrative continues to unfold, investors are reminded to stay informed, adaptable, and open to the vast opportunities that await within the world of cryptocurrencies.

To embrace the shifting tides of the crypto market and explore promising opportunities, consider becoming a part of the Big Eyes Infinity community—a pathway to an exciting and potentially lucrative journey in the crypto sphere.

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: Telegram: Contact @BIGEYESOFFICIAL

Instagram: https://www.instagram.com/BigEyesCoin/

Twitter: https://twitter.com/BigEyesCoin