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BitValue Capital rejoins with RACA

Written byRajpalsinh Parmar
Edited by Niharika Deshpande
August 28, 2023
in Blockchain News
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BitValue has joined up once again with RACA, which will help take Web3 technology in Africa to an absolute higher level. The association will bring about a fresh and advanced digital movement through a new bout of financial contribution, as well as the latest technology. This association will prove to be a real boost for the continent digitally. The entire focus is on Africa going global and exploring the unending opportunities that lie within. 

This association between BitValue Capital and RACA will be instrumental in bringing about a change in the creative aspects of Africa as a nation. Included is a funding amount of $5 million, which will go towards overall growth and the African Blockchain ecosystem. The entire idea of the association is to scour the various avenues for nurturing prospective projects. Their contribution will be extended towards not only backing the projects but also providing every possible assistance in bringing them to life.

With the introduction of Web3 technology, the doors are opened for endless options in terms of innovation. This is exactly the area in which both RACA, as well as BitValue Capital will be actively engaging themselves. The vision is to go international where Africa is concerned.

Through the Web3HK Event that was organized by BitValue, it became evident that it was a tremendous success, which attracted more than 200,000 clicks. Now, the attention of both entities is on Africa. The plan ahead is to increase the traction of Web3 in the African market and completely alter the current scenario. 

With the digital wave making its way steadily into the African market, RACA and BitValue are poised to lead the revolution in the Web3 space that is inevitable and bring about the changes that are the absolute need of the hour.

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Rajpalsinh Parmar

Rajpalsinh Parmar

Rajpalsinh Parmar is a crypto journalist at NameCoinNews with three years of experience covering the fast-moving world of Web3, NFTs, and blockchain technology. He tracks everything from NFT market cycles and metaverse platform developments to altcoin project launches and DeFi innovations. Rajpalsinh has a particular focus on emerging blockchain ecosystems and the convergence of gaming, culture, and decentralized technology. His reporting keeps a close eye on builder activity, tokenomics, and protocol-level changes that shape long-term market narratives.

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