How African Artisans Can Use Crypto to Grow Their Business

Running a craft business in Africa means dealing with cash, delayed bank transfers, and sometimes unreliable markets. Crypto offers a quick way to get paid, protect your designs, and reach buyers worldwide. In this guide we’ll break down the basics, show you tools you can start using today, and share practical tips that fit a busy artisan’s life.

Why Crypto Makes Sense for Craftspeople

First, crypto payments are instant. A customer in Europe can send you Bitcoin or a stablecoin, and the money lands in your wallet in minutes. No waiting for a bank to clear a transfer, no expensive fees that eat into your profit. Second, blockchain records are public and unchangeable. When you sell a unique piece of art, you can attach a token that proves ownership and history. This helps stop copies and builds trust with collectors.

Simple Tools to Get Started

Start with a mobile wallet like Trust Wallet or Metamask. They’re free, easy to set up, and work on most phones. Once you have a wallet, add a stablecoin such as USDC – it’s pegged to the dollar, so you avoid crypto price swings. Share your wallet address on your Instagram bio or on a QR code at your market stall. When a buyer scans the code, they can send payment directly.

If you want to showcase each piece’s story, try minting a cheap NFT on a low‑cost blockchain like Polygon. You don’t need a developer; platforms like Canva NFT or OpenSea let you upload an image and create a token in a few clicks. The NFT acts like a digital certificate; you can link it to the physical item or sell it on its own.

Keep track of earnings with a spreadsheet or a simple accounting app that supports crypto. Record the date, amount, and wallet address. This makes tax reporting easier and helps you see which products sell best overseas versus locally.

Don’t forget safety. Store a small amount of crypto in your phone wallet for daily sales, but move larger sums to a hardware wallet like Ledger. Backup your recovery phrase on paper and keep it safe – losing it means losing access to your funds.

Finally, share your story. Talk about how using crypto helps you get paid faster, reach new markets, and protect your designs. Customers love the transparency, and it can set you apart from other artisans who still rely on cash only.

With these steps, you can start turning crypto into a tool that helps your craft thrive, rather than a confusing tech buzzword. Give it a try, and watch how it opens doors to buyers you never imagined reaching.

NHC Job Opportunities: Artisans, Drivers, and Managers Sought for Key Roles

by Themba Sweet July 2, 2024. Business 0

The National Housing Corporation (NHC) has opened up 105 job vacancies for artisans, drivers, and managers. Applicants must be Kenyan citizens with relevant qualifications and experience. The NHC seeks to fill these positions to enhance its capacity to provide affordable housing. Applications are open until February 24, 2023, via their website or by post.