People raised similar concerns when OPay, PalmPay, Kuda, and Moniepoint entered the market.
The reality is that founders tend to build where meaningful problems still exist. In Nigeria, challenges around crypto onboarding, liquidity, trust, accessibility, and user experience remain far from fully solved.
Markets of this scale are rarely served effectively by a single company. The presence of more startups in the space is not necessarily a sign of saturation - it is often evidence that the underlying problem remains significant and worth solving.
Web3 Nigerian asks an important question. 🇳🇬
Does any one have an answer for him?