The 3rd Crypto AM & Summit Awards came off the night of Thursday, November 24th, 2022 in London, with Agri-Tech giant Tingo presenting the Metaverse Project of the Year award.
The 3rd Cypto AM & Summit Awards featured some of the cryptocurrency and blockchain world’s most prominent figures, with many of them picking up awards.
Agri-tech giant Tingo Inc partnered with the program to present the Metaverse Project of the Year, won by The Sandbox.
Dozy Mmoubizi, Founder and CEO of Tingo, Inc, presented the Metaverse Project of the Year award to The Sandbox.
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences and assets inside an immense virtual world. The Sandbox offers a suite of tools, tailor-made to empower players to come together and create engaging experiences across the metaverse.
Chris Cleverley, President of Tingo, Inc, said: “The metaverse will need input from Africa and those of African descent to make it a fairer world than the one we are in – Tingo will ensure this,”
The third Crypto AM annual summit and awards featured two days of discussion and debate, coupled with workshops and world-class networking. It culminated in one of the industry’s most glamorous and prestigious events on the calendar – the Crypto AM Awards 2022, highlighting success and innovation across blockchain technology, crypto to NFTs and the metaverse.
The event was hosted by James Bowater, with awards being handed out in no less than 20 categories at the exclusive gala dinner.
Tingo is the leading Agri-Fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities.
Tingo’s novel “device as a service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent Pan-African Agri-Fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses.
Tingo, including its subsidiary Tingo Mobile, offers its comprehensive platform service through use of smartphones – ‘device as a service’ (using GSM technology) — to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. The ecosystem provides a ‘one stop shop’ solution to enable such subscribers to manage everything from airtime top ups, bill pay services for utilities and other service providers, access to insurance services and micro finance to support their value chain from ‘seed to sale’.
As of June 30, 2022, Tingo had approximately 9.3 million subscribers using its mobile phones and Nwassa platform. Nwassa is Africa’s leading digital agriculture ecosystem that empowers rural farmers and agri-businesses by using proprietary technology to enable access to markets in which they operate. Farm produce can be shipped from farms across Africa to any part of the world, in both retail and wholesale quantities. Nwassa’s payment gateway also has an escrow structure that creates trust between buyers and sellers. Tingo’s system provides real-time pricing, straight from the farms, eliminating middlemen. Tingo’s users pay for produce bought using available pricing on its platform.