Is Afro a real coin?

The issuance of AFRO coins was not tied to any Initial Coin Offering (ICO) and instead represents a tangible, real-world currency. This decision underscores the commitment to providing a stable and reliable form of digital currency for the continent.

On June 19th, 2018, a total of 750 billion AFRO coins were issued. This amount was deliberately chosen to signify a meaningful connection with the continent's population, with each citizen receiving the symbolic equivalent of 600 AFRO.

The AFRO's value is correlated with the GDP of the continent, providing a solid foundation for its exchange rate and ensuring its stability over time. This is a crucial aspect of its design, as it aims to be a trusted and widely-accepted medium of exchange.

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