 | AfriCred (IFT) |
Spores
TinyBlockAfriCred bridges Africa’s SME credit gap. It’s a blockchain-powered fintech marketplace that transforms funding needs into high-yield (15–20% APY) investment opportunities for global investors, using the Africred Token ($IFT) to connect global capital with African entrepreneurs.
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Spores Network
BNB ChainWhat is AfriCred
AfriCred is dedicated to reshaping Africa's financial landscape, with a specific focus on empowering micro and small businesses, which are essential for the continent's economy.
The goal of AfriCred is to step in to fill this crucial gap that these enterprises face in accessing traditional financial support.
Studies reveal that around 60% of MSMEs in Africa seek bank loans but struggle to obtain them, highlighting the urgent demand for alternative financing institutions. Through innovative approaches to banking and transactions, AfriCred’s purpose is to stimulate economic growth, generating millions of sustainable jobs and bolstering the African economy.
AfriCred Roadmap
Smart Loan System and Micro-Saving E-Wallet launched.
Deploy custom smart contracts (Polygon), mint/burn IFT, wallet transfers, admin roles, lightning-fast mobile-first website, SSL, and IDO integration.
Launch global NFTs backed by real-world AfriCred projects.
Deploy 11 sector-based NFTs: Market, Fertilizer, Corn, Sesame, Mango, Rice, Cashew, Pineapple, Shea Butter, Chili Pepper, Olive Oil.
Launch NFT Marketplace fully integrated with IFT ecosystem for secure, impact-driven digital asset trading.
Token Sale Dates
IDO
IDO
Token Allocation
Restrictions
Afghanistan, Angola, Balkans, Belarus, Bosnia and Herzegovina, Bulgaria, Burundi, Cameroon, Central African Republic, Côte d’Ivoire, Cuba, Democratic Republic of the Congo, Democratic People's Republic of Korea, Eritrea, Ethiopia, Guatemala, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Liberia, Libya, Mali, Moldova, Montenegro, Myanmar, Nicaragua, Niger, Russia, Rwanda, Sierra Leone, Serbia, Somalia, South Africa, South Sudan, Sudan, Syria, Tunisia, Türkiye, Russian-controlled regions of Ukraine (Crimea, Donetsk, and Luhansk), United States, Venezuela, Virgin Islands US, Yemen, Zimbabwe.
Token distribution
10% - Private Sale
5% - Public Sale 1
5% - Public Sale 2
12% - Team
5% - Advisors
20% - Ecosystem and Grants
10% - Marketing
5% - Liquidity
20% - Treasury
Token Price and Payment Options
Project team
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