Mavecx Price (MAVECX)

Mavecx is an investment token created to facilitate crowdfunding under a unique approach suitable for an African setting. In Africa, most of us are not comfortable giving money away if the recipient is set to make some monetary gain from such a contribution. Therefore, crowdfunding for business is hardly embraced. The Mavecx token is envisioned as a stop-gap measure that allows people to contribute to profit-oriented projects comfortably since they do not lose their money.

It works this way – a specific number of tokens is generated through the Waves Blockchain platform and offered publicly for sale. The money raised from token sales is used to buy land assets. These assets are managed under one company, MavenCORE. The land asset...s have several benefits. First, they are leased out or developed in other ways so that they can generate constant monthly or yearly income. At least 50% of this income is given out as business grants to entrepreneurs around Africa. The second benefit is the appreciation of the assets value over time.