Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Launched on October 5, 2020 by London School of Economics graduate, Sahr Johnny, Afreum is a global, crypto-native economic ecosystem built on the Stellar blockchain. Afreum's mission is to foster true financial inclusion for disenfranchised populations in Africa, and elsewhere, and level the playing field by providing equitable access to vital blockchain financial tools such as payments, savings, loans, remittances, atomic swaps, staking, asset tokenization, and frictionless peer-to-peer transactions.
The Afreum ecosystem is powered by the AFREUM (AFR) token. In addition, the AFREUM X (AFRX) token is the incentives and governance token for the Afreum DAO. The Afreum ecosystem also features a number of stable (S tokens) and flexible (A tokens) country-specific tokens that facilitate onboarding and international transactions. The Afreum ecosystem, the AFR token, and the country tokens provide a viable alternative for financially excluded people, and the unbanked, while offering DeFi opportunities for international users.
International users are incentivized to provide liquidity through DeFi-like features such as savings and staking pools, while African users leverage Afreum's fast and inexpensive transactions to handle various financial aspects of everyday life via our growing suite of apps.
The live Afreum price today is $0.001515 USD with a 24-hour trading volume of not available. We update our AFR to USD price in real-time. Afreum is down 0.06% in the last 24 hours. The current CoinMarketCap ranking is #8201, with a live market cap of not available. The circulating supply is not available and a max. supply of 7,999,986,305 AFR coins.
If you would like to know where to buy Afreum at the current rate, the top cryptocurrency exchanges for trading in Afreum stock are currently Finexbox, and StellarTerm. You can find others listed on our crypto exchanges page.