Oduwacoin Makes History, Used For Land Purchase

Michael Vernon, an American investor, has secured a parcel of land in Nigeria, from Diaspora Land Bank, using Oduwacoin. This development marks a significant turning point in the global adoption of the cryptocurrency for real-world assets.

Oduwacoin, the first pan-African cryptocurrency founded in 2018, is rapidly gaining adoption as a means of conducting business, investments, and securing assets in Africa, and the world at large.

Vernon’s decision to utilize Oduwacoin for the acquisition not only underscores the growing confidence in Oduwacoin, but also exemplifies the potential it holds for cross-border transactions.

The parcel of land is situated In Benin State (mid-west Nigeria), a region known for its rich cultural heritage, natural beauty, and burgeoning economic opportunities.

“I strongly believe in the power digital currencies wield, and Oduwacoin represents a unique opportunity to invest in promising African markets. The land is a testament to the potential the crypto offers, which is not only as a digital financial asset but also as a means to drive positive change and economic development in Africa,” Vernon stated following the land acquisition.

Reacting to this development, financial experts unanimously expressed belief that Vernon’s land acquisition positions him as a pioneer in leveraging the advantages of Oduwacoin to secure real estate assets in emerging markets.