Africa currently ranks second in global crypto adoption. Yet despite this widespread usage, the continent contributes less than 1% to global blockchain infrastructure, protocol volume, or market cap.
Not a single African project exists in the top 1000. While regions like the U.S. and Asia have given rise to foundational protocols such as Ethereum, Solana, BNB Chain, Base, and exchanges like Uniswap and Hyperliquid, Africa remains primarily a user base rather than a builder base. This imbalance is more than a statistic. It’s a warning.
Without decisive action, Africa risks repeating a familiar cycle seen across industries like telecommunications, chip production, and automobile manufacturing: high adoption, low ownership. The blockchain industry is still early, but the window for participation is closing fast.
Asset Chain is emerging as a direct response to this challenge. Positioned as Africa’s first public EVM-compatible Layer 1 blockchain, Asset Chain is focused not just on developing technology but on building economic infrastructure that gives Africans the tools to create, own, and scale real-world value onchain.
The vision is bold: enable Africa to control up to 10% of the total crypto market volume and capitalization within the next five years.
With features such as ultra-low gas fees (up to 1000x cheaper than leading L2s), high-speed modular design, and native reward systems for users and builders, Asset Chain is laying the groundwork for a new era—one where Africa moves from consumer to creator in the global digital economy.
Asset Chain: Africa’s Infrastructure for the RWA Economy
Asset Chain is Africa's first public EVM-compatible Layer 1 blockchain, purpose-built to solve real problems for real people. Think of it as an economic operating system where real-world value flows onchain seamlessly, from P2P markets and stable yields to DeFi, DePIN, and gaming, all designed so that value flows back to users rather than extracting it.
Its defining features:
- Ultra-low gas fees: Users and traders enjoy up to 1000x cheaper transactions than L2s like Base. Currently, gas fees are fully sponsored to reduce onboarding friction.
- Onchain Asset Environment (OAE): A composable layer that allows tokenized RWAs (like real estate, stablecoins, and carbon credits) to plug into DEXs, games, apps, and protocols.
- Built-in reward systems: LPs, traders, and referrers earn in real time with transparent smart contracts.
Asset Chain is not just another blockchain. It’s the infrastructure Africa has been waiting for.
The Infrastructure Gap That's Costing Africa Billions
"Africa’s P2P economy is broken and most of our people are locked out of real value creation. We’re building the tools to change that."
— Ugochukwu Aronu, Co-founder, Asset Chain & Xend Finance
The numbers tell the story:
- High crypto adoption rates across the continent
- Limited access to stable value and yield opportunities
- Illiquid real-world assets trapped in traditional systems
- Builders and fund managers without reliable onchain infrastructure
- Widespread exclusion from high-yield DeFi despite strong crypto interest
These aren't just inconveniences. They're structural barriers preventing an entire continent from participating in digital value creation.
Asset Chain solves this by tackling four key pain points:
Problem 1: Limited Access to Stable Value
Most Africans are exposed to volatile currencies and limited yield opportunities. While U.S. Treasury yields average 4.3%, Nigeria’s money markets offer up to 20%, yet most people can’t access them.
Solution: Stablecoins like cNGN (Nigeria's digital naira) are tokenized and tradable on Asset Chain. Through Xend Finance, users can swap USDT to cNGN and earn up to 20% yield on regulated, secure money markets.
Problem 2: Illiquid Real-World Assets
Assets like land, housing, and even carbon credits are hard to sell, fractionalize, or access, especially cross-border.
Solution: The OAE model enables secure, KYC-compliant asset issuers to fractionalize and trade real estate, commodities, and other assets directly onchain.
Problem 3: No Infrastructure for Builders and Fund Managers
African developers, fund managers, and creators lack reliable onchain systems to launch products, distribute rewards, or manage assets.
Solution: Asset Chain offers a modular blockchain, where builders can launch tokens, liquidity pools, yield vaults, games, DeFi apps, and trading tools—all connected to a shared liquidity layer.
Problem 4: DeFi Exclusion Despite High Adoption
Crypto adoption is high, but participation in high-yield DeFi is low. Many users don’t earn from DEX activity due to lack of infrastructure or access.
Solution: Reward campaigns for trading, referrals, and LP provisioning. Real-time USDT/USDC commissions (5% Tier 1, 2% Tier 2), and early access to token distribution via airdrop allocation.
Why Asset Chain Is Different
Asset Chain isn’t just a copy of what works elsewhere. It’s built with local problems and global scalability in mind. It represents a shift from passive access to active ownership:
- Gas is subsidized to onboard users, but even without that, Asset Chain’s fees are 1000x cheaper than most L2s.
- Designed for speed—faster than most L1s and L2s.
- Smart contracts and reward systems work in real-time, with total transparency.
This isn’t another blockchain. It’s a value layer for Africa.
Real Projects, Real Impact
Asset Chain's infrastructure is already powering innovation across multiple sectors:
- cNGN – Nigeria’s regulated stablecoin with over 66 million tokens minted, enabling low-cost swaps and 1:1 redemption to naira.
- Wicrypt – A decentralized internet sharing protocol where users earn crypto by monetizing excess connectivity.
- RiseVest + Xend – Unlocking tokenized access to real estate and global stocks with entry points as low as $5—built for the African diaspora and first-time investors.
- Hammer Games – Story-driven African games like Odogwu Hunter that use “Cowries” as in-game currency to blend entertainment and onchain incentives.
These are just a few examples of how the ecosystem is already generating real-world utility.
From Access to Ownership: Why This Changes Everything
Most crypto projects focus on access. Asset Chain is about ownership. Africa has the talent, the adoption, and the urgency—but not the tools. That changes now.
Builders can launch global products from African soil. Merchants can become liquidity providers, not just P2P middlemen. And everyday users can finally tap into stable returns, tokenized investments, and real yield.
Asset Chain isn’t just building for Africa. It’s building from Africa, for the world.
How to Get Involved
The Asset Chain liquidity program is live for early contributors and ecosystem participants. Whether you're a trader, builder, or liquidity provider—there’s a place to earn, build, and grow from the start.
Liquidity Providers: Provide liquidity to the upcoming cNGN/USDT pair on the DEX and earn real-time trading fees. Early LPs will also benefit from campaign multipliers and visibility across the ecosystem. To get early (invite-only) access, join the liquidity program.
Traders: Spot and perpetual trading will go live shortly after mainnet. Traders earn real-time USDT/USDC referral commissions: 5% for Tier 1 referrals, 2% for Tier 2 referrals. It’s onchain, transparent, and instantly claimable.
Builders: Deploy tokens, launch dApps, or integrate your protocol into the Asset Chain ecosystem. Full SDK and developer support is available. Early builders will be featured in our community spotlight series.
Africa has missed out on owning value in previous global industries. This time, the continent has a chance to lead. Asset Chain is the infrastructure layer for that future.
