Tech

FTX Celebrates 3 Years of Growth, Success and Impeccable Feats

On the 14th of May 2022, crypto enthusiasts from all over Nigeria and some select African countries gathered to celebrate the 3rd anniversary of FTX. The event which was held at Four Points by Sheraton on Victoria Island was graced by industry experts who were delighted to share their knowledge and experience with budding traders and newbies.

The event opened with a brief introductory statement by Mr. Juwon Adebayo, the Business Development Manager of FTX Africa. In his remark, he gave detailed teaching on what the FTX Company stands for, its journey so far, features and products. This certainly set the tone for other speakers that followed suit.

The delivery of the keynote speech by the S.A. to the Oyo State Governor on ICT and E-Governance, Mr. Adebayo Akande, surely resonated well with the audience as they listened with rapt attention. He highlighted the benefits of blockchain technology and its possible application to solve electoral loggerheads in Africa and Nigeria. He ended his session by charging the audience to develop the BEV space further and take the lead as the country hopes to change its fortune in future elections.

It’s also worth noting that Professor Pat Utomi’s lecture on the ‘Evolution of the tech space in the financial space in Nigeria’ was a classic eye-opener for many presents. He delved into the gradual changes in the banking sector and how banking will be done in the future with blockchain technology. For those present, it was like taking a walk down memory lane while also peering into the future with the renowned professor.

But the event wasn’t all about speeches and lectures alone. Participants were treated to a fun interactive quiz session that saw many win both cryptocurrency prizes and FTX branded merchandise. The highlight of the giveaway was the win that saw a participant walk away with a whopping $1000 prize in cryptocurrency.

Also, a lecture from Mrs. Olumayowa Ige, Senior Associate at Financial Derivatives Company Ltd. on ‘DiFi vs. TradFi’ gave a comparative analysis of both financial systems while also highlighting the avenues for improvement in the crypto industry. To cap an eventful and educating event, those present at the anniversary also got to trill themselves to an all-you-can-eat buffet which made for an interactive networking session.

In such a short space of time, the crypto exchange giant FTX.com has risen to become a leading force in the industry. Recent evaluation puts its total value at well over $40billion. The company prides itself on being a platform built by traders and for traders with a significant foothold in Africa. Its innovative ideas, ease of use and vast digital products has been attributed as a driving force for its rapid success.

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