Philcoin Held One of the Biggest Crypto Adoption Events in South Africa

 The event, which took place in Johannesburg, South Africa, started on July 2 and ended on July 11. It brought together Philcoin’s corporate team and their brand ambassador in South Africa, one of Africa’s largest economies with well-developed crypto and blockchain regulations. 

According to Dunstan Teo, the co-founder of Philcoin, the team was excited to launch in Africa. He added that this provides an opportunity for them to present their native token to thousands of crypto enthusiasts, empower South African youths, and change their financial sovereignty to take back control of their futures.

“Africa is a massive player within the crypto space. With the bear market happening, the time is ripe for people to buy into crypto at the lowest prices we’ve seen in a while. The Philcoin team is thrilled about the opportunity to launch in Africa and bring our currency before thousands of crypto enthusiasts. We know this will be the start of an incredible journey with their communities, helping to build financial sovereignty for all while also changing the way giving happens.”

During this event, the team spoke to over 12,500 people. Each session was broadcast in more than 28 countries. Out of this huge audience, more than 5,000 graduates from different South African universities were keen on exploring crypto and learning more about Philcoin’s native coin, PHL, which was recently listed on MEXC Global, a liquid cryptocurrency exchange.

As part of the event’s itinerary, there were sessions with some of the world’s leading influencers, including the President of the ICAN Group International, Dr. David Molapo, whose company has a presence in 28 countries with access to millions of people. Others included the Founder and President of Funzi, Aape Pohjavirta, the CEO of the South African United Business Confederation (SAUBC), Jacki Mpondo-Hendricks, and the CEO of the Family’s Foundation, Landile Shembe.

Philcoin is touring when the crypto and financial markets are in the doldrums. However, considering the growing role of cryptocurrencies in different economies, especially those in Africa whose local currencies have been decimated from the effects of COVID-19 and runaway inflation, holding cryptocurrencies, including PHL, can be a means of safeguarding value.