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AFEN Blockchain Network | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Private sale
Number of Funding Phases
1
Business Type
Private Company

All you need to know about AFEN Blockchain Network

AFEN Blockchain Network is an innovative company that leverages blockchain technology to enhance various industries such as art, real estate, and education. This company was founded by Deborah Ojengbede in 2021 and has its headquarter in Lagos, Nigeria.

By using non-fungible tokens (NFTs), AFEN aims to digitize and authenticate assets, making transactions more secure and transparent. Their primary goal is to bridge the gap between traditional industries and modern blockchain solutions, driving significant digital transformation across Africa. AFEN's NFT marketplace enables artists to showcase and sell their digital works securely. Their real estate tokenization service allows investors to easily and transparently invest in property.

Additionally, AFEN offers educational resources to spread knowledge about blockchain technology, encouraging its widespread adoption. Through these initiatives, AFEN is committed to fostering innovation and improving efficiency in the industries they serve, ultimately aiming to become a leading blockchain network in Africa.

AFEN's strategic focus includes several major initiatives such as NftyTribe, which is their platform for launching NFT projects, and Metacitti, aimed at real-world asset tokenization on the blockchain. Additionally, AFEN runs BloomOne Academy, which is dedicated to educating and onboarding talent into the Web3 space

By providing decentralized platforms and solutions, AFEN strives to build a more transparent, secure, and accessible ecosystem for various stakeholders. Their work not only promotes the use of blockchain but also aims to create lasting, positive impacts on the communities and sectors they engage with.

By utilizing non-fungible tokens (NFTs), they also facilitate the digital verification and ownership of assets, reducing fraud and improving accessibility.

Their goal is to bridge the gap between traditional industries and blockchain technology, driving innovation and promoting digital transformation across Africa.

Our Mission

AFEN Blockchain Network's mission is to create a decentralized ecosystem that integrates blockchain technology into various industries, enhancing transparency, security, and efficiency.

Our Vision

Their vision is to become the leading blockchain network in Africa, driving innovation and adoption across key sectors such as art, real estate, and education.

Core Values at AFEN Blockchain Network

The following are the core values they believe:

  • Transparency: Ensuring clear and open operations.
  • Innovation: Continuously improving and adapting blockchain technology.
  • Trust: Building reliable and secure solutions.
  • Accessibility: Making blockchain technology available to all

Services

AFEN Blockchain Network provides the following services:

  • NFT Marketplace: For art and digital assets.
  • Real Estate Tokenization: Facilitating property investments through blockchain.
  • Educational Platforms: Offering blockchain-related educational resources and certifications

Business Model

AFEN operates on a business model that combines transaction fees from its NFT marketplace and real estate tokenization services, alongside partnerships and educational program subscriptions.

Company Co-founders
Umar Faruq Akinwunmi
Deborah Ojengbede

AFEN Blockchain Network
Business Model

The Company major services and product include: Integrating blockchain technology into various sectors to create innovative solutions and educational opportunities

The Company was Founded
The Company was established on
January 1, 2021
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry Blockchain, Cryptocurrency
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

AFEN Blockchain Network Business Model

The Company major services and product include: Integrating blockchain technology into various sectors to create innovative solutions and educational opportunities

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
Million
Company Net worth as of 2023

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