most Nigerians read about @realFemiOtedola's 2008–2009 crisis with awe.
$480M lost, ₦222B in debt, and yet, a full recovery.
i dug into how and why he pulled it off.
two words: leverage and accessibility.
@getBusha, with @solana is scaling both for the average Nigerian.
🧵
money has always had a voice.
it has always spoken. yet, statistics suggest you probably haven't heard it talk.
the truth is that even before "conversational banking" was a thing, money has always been talking to some people, and on behalf of others—unlocking access, privilege, and perks for them.
not efficiently and intuitively, but still, it had a voice.
@usexara_ai is what happens when money finally talks to everyone and for everyone, efficiently and intuitively.
it is what happens when access, privilege, and perks are no longer exclusive, but universal.
🧵
Due to my account being mass-reported, I’ve reuploaded the publication via my co-author’s account.
Please re-engage when convenient, thank you so much.
https://t.co/TAuNY8ytbB
@angry__pacifist @cryptoduke01 You've got energy replying these lots... I for one, I won't even flinch, I rather let em eat up their souls in hate and their disgruntled ego. People who are never happy for the wins of others barely wins nothing.
Nigeria ranked 6th globally for Solana developers and accounted for 66% of all African Solana developers. Over $500,000 moved through a single Nigerian based product in one month, and many other updates you might have missed from the Nigerian Solana ecosystem last week.
📰 Headline News
– According to @syndica, Nigeria accounts for 66% of African Solana developers and now ranks 6th globally.
– @getcryptonia processed over $500,000 in February alone.
– Enugu hosted February’s edition of the Solana Builders’ Tour.
– @bigjoejs received $4,000, and @Imabasi___ secured $2,000 from the @Solana_Fndn Nigeria Grants programme.
📰 Launches & Ecosystem
– @airbillspay unveiled a redesign built to simplify digital payments into one unified experience.
– @rust_undead and @seedless_wallet were featured in @colosseum’s Codex.
– @Dan_1_Alpha built a new price discovery protocol for auctions and AMMs using @magicblock Private Ephemeral rollups.
– @Charles_lukes built an app that helps users build a full-stack Solana app with a single prompt.
– @Userebble now supports Solana, allowing users to send, receive and store Solana network assets.
– @usevelcro announced that Solana is already emerging as its most used network, processing over $5,000 in transactions while still in beta.
📰 Bounties & Builders
– The @getBusha Animation Bounty winners were announced: @Al_hassan_Adam (1st), @ttemidayoo (2nd), and @crimuh6 (3rd), while honourable mentions went to @Onotsemhe, @MbahAlexander1 and @DamiDx.
– The @getBusha Writers Bounty winners were also announced, with @ham_write (1st), @RalAndrewTalks (2nd), @rolandayd (3rd), and honourable mentions awarded to @Outstandingvick, @MarvinSunday4 and @Web3Precious.
– Two SuperteamNG members, @0xrhydar and @Iamceejaymac, were among the winners of the @CyreneAI and @SuperteamEarn X Article Bounty.
📰 Community & Milestones
– @Enugu_techfest was a Solana affair, with @Harri_obi delivering the keynote at Web3 Day. Other notable speakers included; @nuel_idu, founder of @rhivadotfun, @Chinaecherem, founder of @Nectar_finance, and the founders of @degxifi.
– @BilionaireRaven hosted the SuperteamNG Anambra Creators & Builders Mixer.
– @debar_fx was announced as one of the new Talent Scouts by @SuperteamTalent and he went on to host the first Solana DeFi event in Uyo.
– @kryptdou & @Justfreaqy hosted an AMA session with @FinnaHQ during last week’s Creators Corner.
– @heisdave7 hosted a Solana Builders Workshop in Owerri.
What did we miss, and what are you shipping this week?
First time was so nice, we had to do it twice.
Third time's the charm? probably.
For now, enjoy this masterpiece we cooked.
Feedback and comments appreciated.
In one app, your wealth is perfectly pegged to the dollar. It sits in a digital vault immune to the morning news.
In the other app, your fiat balance is a daily math problem, bleeding purchasing power by the hour.
We figured out how to escape the inflation. We buy the USDC. We secure the USDT. Yet, the second you need to pay a vendor or settle a Bolt ride, that perfect stability becomes a trap.
We hoard the exact tool designed to give us stability, yet live in a constant state of transactional anxiety.
Nigerians are unstable.
The case for stablecoins is clear. And our everyday payment rails continue to exclude them.
What we're left with is an unstable financial system that has refused to evolve.
But this isn't a personal failing. The bridge to the street is simply broken. 🧵
In one app, your wealth is perfectly pegged to the dollar. It sits in a digital vault immune to the morning news.
In the other app, your fiat balance is a daily math problem, bleeding purchasing power by the hour.
We figured out how to escape the inflation. We buy the USDC. We secure the USDT. Yet, the second you need to pay a vendor or settle a Bolt ride, that perfect stability becomes a trap.
We hoard the exact tool designed to give us stability, yet live in a constant state of transactional anxiety.
Nigerians are unstable.
The case for stablecoins is clear. And our everyday payment rails continue to exclude them.
What we're left with is an unstable financial system that has refused to evolve.
But this isn't a personal failing. The bridge to the street is simply broken. 🧵
most Nigerians read about @realFemiOtedola's 2008–2009 crisis with awe.
$480M lost, ₦222B in debt, and yet, a full recovery.
i dug into how and why he pulled it off.
two words: leverage and accessibility.
@getBusha, with @solana is scaling both for the average Nigerian.
🧵
First time was so nice, we had to do it twice.
Third time's the charm? probably.
For now, enjoy this masterpiece we cooked.
Feedback and comments appreciated.
In one app, your wealth is perfectly pegged to the dollar. It sits in a digital vault immune to the morning news.
In the other app, your fiat balance is a daily math problem, bleeding purchasing power by the hour.
We figured out how to escape the inflation. We buy the USDC. We secure the USDT. Yet, the second you need to pay a vendor or settle a Bolt ride, that perfect stability becomes a trap.
We hoard the exact tool designed to give us stability, yet live in a constant state of transactional anxiety.
Nigerians are unstable.
The case for stablecoins is clear. And our everyday payment rails continue to exclude them.
What we're left with is an unstable financial system that has refused to evolve.
But this isn't a personal failing. The bridge to the street is simply broken. 🧵