It is no news that bitcoin is a cryptocurrency while MMM is a ponzi scheme. But one thing that is still yet to fully clear around is the distinction between these two entities. Many Nigerians and Africans alike still tend to mix up a tool from a system, with MMM being the system and bitcoin being the tool. As you might know, MMM is a platform (ponzi scheme) that only used bitcoin and one of the form of exchanges; just thesame way naira was one of such means of exchange.
Fast forward to what we have now, many are still yet to have a distinction between the two and many other schemes as earlier said. Many do not understand the concet of cryptocurrency not to talk of understanding the blockchain.
There is this platform that evolved sometimes around when these ponzi scshemes infested the fabrics of the financial space of many individual. Maybe one and major thing the ponzi things did was bringing people (with similar interests in "making money") together under one umbrella. I remember being a part of a Get Help Worldwide group that trancends from a less than 500 membershi into a massive 4k membership up till the time I couldn't even follow up with discussions on the platform.
So, as I said, these created a gathering of like minded induviduals which then metamorphosed into the creation of a group intended to educate people and share knowledge on things about crypto. This was the birth of cryptogene in December 2016. This group have now decided to further on with their plans and intentions by creating a token to facilitate their goal of educating africa about cryptocurrency and the blockchain.
In a pretty summarized pattern, cryptogene's various subsets of their project pretty summarized what they plans they really have with the project:
- Cryptogene-Learn (DIGEST), a knowledge sharing and development platform
- Cryptogene-Mart (BlockMART), a base platform to allow business integration through the various tools available on the blockchain. It will provide sufficient supporting pillars for payment and settlement systems to be integrated
throughout the African region.
- Cryptogene-Ex (Havene) is a exchange system where currencies and other digital assets will be exchanged for Crypto-currencies without the traditional barrier of borders
- Cryptogene-Talk (Spiel) is a social media interaction platform that would encourage interraction,communication ad information decemination through knowledge sharing in all forms.
- Cryptogene-Build (Silk). Have you seen how ethereum works? This is similar to whatthe ethereum platform does as it is a platform that would aid African startups in crowd funding their projets. It is the biggest of the
CRYPTOGENE ICO/CROWDSALE
Now, cryptogene is having an ICO/Crowdsale to setup this project. The ICO ends in two days and you can participate simply by visiting their website https://cryptogene.co/
You can also join in with the telegram bot amd have access to the referal system being offered.