Why Oduwacoin is The Pan-African Currency

Why Oduwacoin is The Pan-African Currency

Oduwacoin is Africa’s greatest tool in their cryptocoin journey. The first of its kind, Bright Enabulele’s vision for Oduwacoin is simple, to see Africans succeed in the world of digital currency. As a blockchain strategist and developer that is making an impact on the field, Bright is armed with the skills, passion and drive to support his community. By educating the younger generation on financial literacy, he is providing a path for others to follow.

 Oduwacoin tackles common financial issues in  underserved communities. Africa has been largely ignored by cryptocoin giants due to lack of proper knowledge. Focusing on changing this, the work done by Oduwacoin has already seen large community  participation.With his experience in blockchain technology, he was able to use his skills to shine a light for those that are unfamiliar with cryptocurrency and blockchain. “Making sure that our community had options was important. Local fiat money is unreliable when it comes to security and I think we need to break free from it,” Bright explains.

Oduwa Coin works as a beacon evolution and digital reset for Africa. According to Bright, he believes that his community will reach success in the  future. “We won’t even be using fiat money [physical currency] and cryptocurrency will be widely used instead. I want Oduwa Coin to be one of the top crypto global tenders.”

Oduwacoin is proving to be an entry to the cryptocurrency market. A cryptocurrency network that allows anyone to transfer digital cash to family, friends and vendors from anywhere to everywhere around the world with no fees. Oduwa blockchain network is designed to provide a fast efficient method of transfer without the risk of fraud. Currently, Oduwacoin is used for payment, trading, crowdfunding and low-cost energy-efficient PoS Mining (proof of stake mining). Oduwa originated from the ancient Benin kingdom meaning “The Road Map to Wealth” where the belief is that your money should work for you and not against you. Stemming from the kingdom’s power and wealth through trade, this has allowed Oduwacoin to establish their own principles. In Oduwa community, anyone can reap the benefits and potential of the cryptocurrency market so long as they follow the kingdom’s rules. .

A community where every coin is like gold. Every trade, buy or sell on ODUWA blockchain network, has no transaction fees for all OWC Coin holders for being early believers. Each Oduwacoin  added or removed from circulation, the price of the next coin might increase or decrease automatically by a fractional amount of OWC (about .0000001 OWC). When a user purchases OWC COIN, the value is worth slightly more due to the algorithm calculated (demand and supply) on the network. Oduwacoin holders will benefit from the price increase. There are only 21 Million ODUWACOINs worldwide, when users sell OWC , the value is slightly less. Selling ODUWACOIN is like saying that the trader has lost faith in ODUWA because the community recommends that the user spend their ODUWA and not sell ODUWA . ODUWA manages the economy but cannot affect the price of the COIN. The price could rise and fall, subject to the community trust. “Those who trust ODUWACOIN and hold OWC the longest will benefit the most. We are committed to increasing accessibility and the growth of Oduwa.”

Just like any other cryptocurrency networks, Oduwacoin has been through its fair share of problems. Issues faced by all networks, like currency fluctuation and manipulation, are part of the reasons why people are sceptical of digital currency. This is why Oduwacoin stresses and provides his community with the proper financial knowledge. Financial literacy is crucial to ensuring Bright’s end goal of providing Africa the proper tools to succeed. “We’ve been told too long we cannot do anything for ourselves. But I’m telling you that’s a lie, Oduwacoin’s here to change the narrative.”

With the help of blockchain technology, Bright is building an empire.“I built this to push Africa forward and to empower our children with blockchain,” he explains. Confident that Oduwacoin is the future of cryptocurrency, the gears of his operations are already turning. “It is time for change, we can continue to aid people and encourage them to start their own cryptocurrency journeys.” he says, excitedly.