Ghana is rolling out a general purpose digital currency, partnering with German banknote printer Giesecke+Devrient to do it, Reuters reported.
The nation wants to eventually spin the pilot program into a digital form of its own national currency, which will be called e-Cedi, according to Reuters. The trial will be done with banks, payment services and consumers.
Ghana is embarking on the project because of the general interest in digital currency across the world, Reuters reported.
“From all indications, the concept has a significant role to play in the future of financial service delivery globally,” Ghana’s bank governor, Ernest Addison, said in a statement, per Reuters.
In other news, design marketplace 1stDibs is debuting a nonfungible token (NFT) platform, according to a press release.
The move is a response to the desires for digital artwork in consumer trends, the release stated. The NFT platform is based on an auction model and will have to do with broadening 1stDibs’ main eCommerce site.
The first phase of the new platform will consist of semi-monthly auctions which will have both group and solo work, and there will be a two-week exhibition featuring dozens of NFTs starting Wednesday (Aug. 11).
“One of our guiding principles is the desire to continually innovate to meet the needs of today’s luxury marketplace,” said 1stDibs CEO David Rosenblatt in the release.
Meanwhile, Decentral Games (DG) will be rolling out three new metaverse gaming venues, according to a press release. The new venues will be done with partners Bored Ape Yacht Club, DEXTools, Aquarium and Vegas City.
The company said in the release its model allows any metaverse enterprise to deploy DG poker, blackjack roulette and slots in their venue, with the return being a revenue share with the DG DAO. That makes for a revenue stream incrementally for the $DG token holders.
The Bored Ape Yacht Club casino launched last week with 1,200 visitors attending, according to the release.