Real World Assets (RWA)

Asset Chain Launches Gasless DEX Platform for Nigerian Crypto Traders and Investors

KenMichaelsJune 30, 2025January 29, 202609 mins

Asset Chain’s Nigerian Layer-1 blockchain launches gasless DEX eliminating transaction fees for USDT/cNGN trades. Ugochukwu Aronu: “We can’t keep contributing to other blockchains without getting value in return. We must have our infrastructure.”
Smart contract automation prevents P2P fraud in $59 billion Nigeria crypto market (2024). Tested at 20,000 TPS, 200 active traders target ₦100 billion ($65M) volume in 60 days. Beyond crypto, RWA tokenization (real estate, agriculture, bonds) via Risevest partnership offers 15% annual yield, building Africa for Africa.

Why Mantra (OM) Crashed 90%: Inside the Liquidation Cascade

KenMichaelsApril 14, 2025January 30, 2026011 mins

OM Token plunged 90% ($6.30 to $0.50) April 13 wiping $6B via forced liquidations. 17 wallets deposited 43.6M tokens before crash. JP Mullin blamed “reckless exchange closures.”
Dubai VARA license and $1B DAMAC tokenization preceded collapse. African traders face capital flight requiring diversification across Nigeria, Kenya, Ghana. Tokenized real estate yields 5-10% vs REITs’ 6-8%. Low-liquidity Sunday window amplified automated margin calls, whale sell-offs.