Empowa Project Reaches African Investors
The Empowa Project is a new blockchain platform that already has a number of use cases. It helps facilitate transactions in the financial sector, but it is also useful for socio-economic development. Known as a RealFi project, the project wants to aid with affordable housing, especially as crypto enters the real estate sector. The company’s ISPO is low-risk as it asks users to stake Cardano to one of 2 pools to get Empowa tokens. When you have the tokens, you can get into new real estate investment opportunities across Africa. Built on the Cardano blockchain, this platform wants to address how the skyrocketing population of Africa is leading to mass urbanization and a need for affordable housing. According to the Center for Affordable Housing, housing construction in South Africa alone could offer a threefold stimulus to the nation’s economy. Entry-level housing in Mozambique can employ 5 people per project, but there is still a backlog of 50 million housing units still to be built. Because funding remains the biggest issue in the real estate market, the ISPO from Empowa allows you to both keep your Cardano holdings and obtain Empowa tokens that will help you enter the marketplace. There will also be NFTs that allow additional rewards. At press time, Cardano was down over 13%, sitting at 97.2 cents.