What does the FTX crash mean for African Web3 startup, Nestcoin?
About The Episode
This episode is also available on YouTube - https://youtu.be/EZ2Rp1tOW6Y Today on the Techpoint Africa Podcast, our Managing Editor, Emmanuel Paul, sits with our Senior Reporter, Bolu Abiodun in the studio. Bolu shares insights and his opinions on the tragic happenings with Nigerian startup, Nestcoin. He breaks down some of the facts and answers popular questions that have been asked. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro 00:39 - A little backstory 02:21 - Why did Yele keep all of Nestcoin's money with FTX? 05:40 - What's being done for laid off staff? 06:18 - Why keep the money in FTX and not Binance? 07:33 - What has Nestcoin built so far? 11:44 - Is crypto dead? Useful links African Web3 startup, Nestcoin, to commence layoffs with investments caught up in FTX crash FTX started with $200, grew to $32bn, and collapsed in 2 weeks. Here’s how it happened This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories. Music - Beach by MBB
About The Episode
This episode is also available on YouTube - https://youtu.be/EZ2Rp1tOW6Y Today on the Techpoint Africa Podcast, our Managing Editor, Emmanuel Paul, sits with our Senior Reporter, Bolu Abiodun in the studio. Bolu shares insights and his opinions on the tragic happenings with Nigerian startup, Nestcoin. He breaks down some of the facts and answers popular questions that have been asked. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro 00:39 - A little backstory 02:21 - Why did Yele keep all of Nestcoin's money with FTX? 05:40 - What's being done for laid off staff? 06:18 - Why keep the money in FTX and not Binance? 07:33 - What has Nestcoin built so far? 11:44 - Is crypto dead? Useful links African Web3 startup, Nestcoin, to commence layoffs with investments caught up in FTX crash FTX started with $200, grew to $32bn, and collapsed in 2 weeks. Here’s how it happened This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories. Music - Beach by MBB
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