#692 Smartcash Adoption by Businesses and Conference in Nigeria

By Cryptoflux


Nigeria will stand to have the largest Smartcash community base in Africa by holding a mega conference for Smartcash education and viral adoption of Smartcash into businesses by introducing Smartcash to hundreds of crypto enthusiast and tech/internet users in various institutions in Africa starting from Nigeria. This will help in adoption of Smartcash into businesses for buying and selling of goods and services, (Retail shops, Restaurants, Healthcare, Real estate, etc.) bringing merchants in through event set up with business owners. We believe in the value addition that Smartcash usecases can bring to businesses especially in a Cryptocurrency friendly economy like Africa, hence the motivation behind promoting SmartCash through education and events for massive adoption and usage in Nigeria and Africa at large.


The discussion on Cryptocurrency in Africa today cannot be over emphasized, it was informed by google that Africa recorded the highest search request on Bitcoin and Cryptocurrency in late 2017 and early 2018, about 43% search on Bitcoin and Cryptocurrency was from Africa with Nigeria holding the highest proportion of it. Nigeria being the largest populated country in Africa, presents to be a fertile base for adoption of innovative technologies, pregnated with millions of youth that are interested in internet businesses and open to technology that present to them a way of making money online.

Educating student and community on Smartcash platform through conference and effective workshop activities in Nigeria in various institutions will serve as a great way of creating new user base and community base for SmartCash in Nigeria and Africa at large. This will allow crypto driven individuals that got enlightened through our conference and meetups to start using SmartCash as a medium of exchange and a way of making money online through Smartcash Reward system and Smartcash Nodes. Business owner meetups will also serve as a massive way for SmartCash adoption to be used as payment for goods and services.


  1. To create a large SmartCash community base in Africa
  2. To introduce SmartCash to a minimum of 200 business owners and merchants in Nigeria. They would begin using Smartcash as a medium of exchanges in their businesses and would be listed on find.smartcash.cc.
  3. Training individuals with vast knowledge of Blockchain to become smartcash ambassadors for continuous merchant adoption;
    Participants would be trained on how to benefit from smartcash reward system, set up SmartCash wallets and also how they can be part of Smartcash social activities to contribute to the development of Smartcash community. Individuals with vast knowledge on Blockchain and Smartcash services will be trained on how to continuously onboard merchants and businesses for the adoption of Smartcash as their payment means. Below is the planned activity for them.

The event would entail talks on:

o Blockchain & cryptocurrency,
o How to download and setup SmartCash wallets
o Buying and selling of Smartcash
o Understanding the Smartcash Reward system
o Smartcash Mining.
o Smartcash Rewards.
o Smartcash Smart Nodes

o Smartcash for Merchants and Businesses

a. Presentation on how Local and major business to adopt SmartCash as their payment means.
b. Advantages of using SmartCash for their daily transactions like payments of goods and services, payment of fees/bills, receiving remittances and many more
c. Training individuals with vast knowledge on Blockchain to become Smartcash ambassador for continuous merchant adoption.


Budget for Printing:
Shirts - $12 per shirt for 100 T- shirts = $1,200
Banner $40 * 3 = $120
Stickers $2 * 200 = $400
Pamphlet $1 * 200 = $200
Roll up $130 * 3 = $360

SubTotal = $2280

Budget for Conference
Venue $350 = $350 
Audio Visuals $70 = $70
Media Coverage $100 = $100
Press Coverage $100 = $100
Refreshments $10 * 100 = $1,000
Logistics = $100
Total = $1720

Budget for Publicity
Online adverts = $400
Flyers = $200
Bulk sms = $25

SubTotal = $625

Remuneration for Volunteers
$100 * 4 = $400

Total Budget = $5025




Date Amount (US$) Amount (Σ) Description Status
September 30, 2018 2,280.00 774,814.45 * Printing -
October 07, 2018 1,720.00 584,509.15 * Conference -
October 09, 2018 625.00 212,394.31 * Publicity -
October 14, 2018 400.00 135,932.36 * Remuneration -
* Estimated

Requested Amount

  • Total USD: 5,025.00
  • Estimated SMART: 1,707,650.27
  • Estimated BTC: 0.54525273


  • Created Date: Wednesday, September 12, 2018
  • Voting Deadline: Friday, September 28, 2018 18:20:00 UTC
  • Payment Date: Payments will be made in accordance with the delivered milestones


  • Not Funded


Yes (3,145,484.22)
No (37,719,198.47)
Abstain (402,099.38)

Voting Audit

Address Voting Power Vote Is Valid

Proposal Audit

Date Description Yes No
2018-09-12 01:13:34 Proposal created. Waiting for approval. -
2018-09-12 01:13:44 Proposal created. Waiting for approval. -
2018-09-14 18:20:15 Open voting. Deadline up to 2018-09-28 18:20:15. (slpin1) -
2018-09-27 18:21:42 Last 24 hours of the vote. Σ 2812444.97641 Σ 36936421.90544
2018-09-28 18:21:42 Voting closed. Status: Not Funded. -


  • Switzch 09/18/2018 00:44

    Nigeria's population and Africa's acceptance for crypocurrencies would seem like a good place to start. But Nigeria has a very poor reputation for anything internet or non-physical commodities based enterprise. (I still receive emails from some Nigerian Prince.) My concern would be the reputation being diminished by the mention of Nigeria. A better venture would be to wait for the Singapore conference or a US conference. The restrictions are harder, but the vetting process gives more credibility to the operation as a whole.