Cardano-Based Projects Empowa And World Mobile Launch Collab NFT – BeInCrypto
The joint NFT will finance the construction of affordable housing and decentralized internet in Africa.
Empowa, a project providing decentralized, affordable home loans for the financially excluded, has partnered with World Mobile, the world’s first blockchain-based mobile network based on the sharing economy.
This collaboration aims to deliver life-changing solutions to underbanked and unconnected regions in the world by providing access to affordable housing and reliable Internet connectivity.
Empowa is raising funds to invest in the construction of homes in the port city of Beira, Mozambique. These homes will provide the backbone and market upon which the World Mobile team and local entrepreneurs can work together to install AirNodes and provide reliable and affordable Internet connectivity to the mass market.
World Mobile and Empowa are both cutting-edge projects building on the Cardano blockchain, were first introduced as members of the Blockchain4Good collective, and have a shared mission of building financially sustainable businesses to make a social impact using Web 3.0 technology.
Mozambique’s population is over 30 million people, but there are only 600 mortgages in the country. Empowa is utilizing NFTs in a unique way to overcome this constraint.
The funds raised