Preamble

Coin Afriq (Pty) Ltd has two exciting projects in the blockchain, web3 and crypto spaces, namely Coin Afriq (a Pan-African cryptocurrency that is fairer, more democratic and more decentralized) and GondwanaChain (an enterprise-grade cloud-based blockchain for businesses and organizations completely hosted and run in Africa).

In this document, we’d like to highlight the key details about these projects, namely what the technologies are, what our Unique Selling Proposition is, our Key Personnel, Market Data, Key Features, applications for both projects, traction, regulatory requirements, and capital needed.

The technology and its applications

The Technology

Blockchains are a distributed ledger technology that stores an immutable record.
In laymen’s terms, the ledger works the same as a ledger in the finance and accounting sectors.
It is distributed in the sense that all those with valid credentials and permissions have a live copy of the data on the ledger. The immutability refers to the fact that entered data on the blockchain cannot be erased; new data is simply added as new entries with a live overview of all recorded transactions and verification.

Blockchains are secured using cryptography and further security strategies such as multi-factor authentication, strict enforcement of security procedures for users, and KYC/AML (Know your Client and Anti-Money Laundering respectively) services.

Blockchains can record assets as tokens.
These are commonly referred to as fungible tokens (i.e a token that can have multiple units) and non-fungible tokens (a unique token; the equivalent of a digital signature).
These units can represent both digital and real-world assets – whether tangible (such as property both movable and immovable) or intangible (such as shares, equity, etc.).

Most Blockchains including ours operate using Smart Contracts – contracts that are self-executing i.e. they run automatically when the correct conditions are met.

The Applications

Besides the commonly used applications for Blockchains such as cryptocurrency, Blockchains can also be used to automate and streamline common business functions such as administration, operations, compliance, and more. This results in an increase in productivity, a vast improvement in execution times, and reduced costs.

Blockchain and Key Industry Applications

Industry	Primary Use Case	Example/Benefit	Role of Blockchain-as-a-Service (BaaS)
Financial Services	Decentralized Finance (DeFi) & Asset Tokenization	Enables instant cross-border payments, automates escrow with smart contracts, and creates fractional ownership of real-world assets (RWAs).	Provides pre-configured nodes and APIs for secure wallet management, smart contract deployment, and regulatory compliance features, reducing setup time and infrastructure cost.
Supply Chain & Logistics	Provenance and Transparency	Tracks goods from origin to consumer (e.g., verifying ethical sourcing of coffee or preventing counterfeit pharmaceuticals). This creates an immutable history.	Offers ready-to-use platforms for creating transparent product ledgers, automating alerts upon checkpoint failure, and integrating with existing ERP systems.
Healthcare	Data Security and Interoperability	Manages patient consent for data sharing and securely stores electronic health records (EHRs), giving patients control over who accesses their information.	Simplifies the deployment of private, permissioned blockchains (like Hyperledger Fabric) that meet strict regulatory standards (e.g., HIPAA) for data privacy.
Government & Public Sector	Digital Identity and Record Keeping	Creates sovereign digital identities for citizens (Self-Sovereign Identity) and ensures transparent, auditable digital voting or land registry records.	Provides tools for secure identity issuance and verification, often integrated with existing government IT infrastructure without requiring extensive in-house blockchain expertise.
Media & Entertainment	Digital Rights Management (DRM) & Royalties	Ensures artists and creators receive fair and automated royalty payments instantly whenever their content is consumed or resold.	Offers templates for non-fungible token (NFT) creation and management, simplifying the tracking and automatic distribution of earnings through smart contracts.
Insurance	Claims Processing and Fraud Reduction	Automates claims payouts (e.g., flight delay insurance) through smart contracts that trigger based on external data inputs (oracles), reducing manual processing and disputes.	Facilitates rapid prototyping of smart contract logic and provides necessary infrastructure for handling high-volume, event-based data streams securely.

Tokenization of Real-World Assets and Fractional Ownership

Tokenization leverages blockchain technology to convert illiquid real-world assets (RWAs)—such as commercial real estate, infrastructure, and fine art—into digital security tokens. This process fundamentally solves the problem of high barriers to entry and poor liquidity. By issuing these tokens, we enable fractional ownership, allowing an asset to be digitally and legally split among numerous global investors.

This dramatically expands the potential investor pool, facilitates rapid, 24/7 trading on regulated exchanges, and ensures transparent, auditable ownership records via smart contracts, thus modernizing capital markets and unlocking trillions in previously inaccessible value.

Case Study – Financial Impact of De Beers’ Tracr Blockchain Platform (Quantitative Analysis)

I. Revenue Impact: Positive Driver & Market Differentiation

The Tracr platform acts as a significant positive driver for revenue by strengthening consumer confidence and enabling premium product offerings in a competitive market.

• Consumer Confidence and Premium Pricing: By providing an immutable, verifiable record of provenance, Tracr justifies the premium pricing of natural diamonds. This is critical in a market where the average retail price of competitor Lab-Grown Diamonds (LGDs) has shown steep declines (e.g., a Compound Annual Growth Rate (CAGR) of -25% to -36% in key retail segments). Verifiable transparency through Tracr allows natural diamonds to maintain their price integrity.
• Scale and Market Access: Tracr is currently deployed at massive scale, registering over two-thirds (66%+) of De Beers’ global production by value, which equates to roughly 20% of the world’s diamond production. This widespread adoption ensures that a significant portion of De Beers’ rough diamond sales base remains compliant with increasingly strict global regulations (like G7 sanctions), protecting billions in revenue by guaranteeing access to major international markets.
• New Product Lines (ORIGIN): The platform is a foundation for high-assurance products, designed to register capacity for up to one million diamonds per week. This infrastructure enables branded programs like “ORIGIN,” creating differentiation that appeals to discerning buyers and drives higher-value transactions.

II. Profit Impact: Net Positive & Margin Protection

The overall impact on profit is expected to be net positive, resulting from the combined effect of higher potential revenue and reduced operational risks.

• Gross Margin Improvement: Higher realized prices enabled by provenance assurance directly improve gross margin. Data suggests that in key US point-of-sale segments, natural diamonds are retaining much stronger gross margins (e.g., 6% CAGR for 1ct Natural stones) compared to the rapid margin erosion seen in the LGD segment (e.g., -16% CAGR for 2ct LGDs in the same period). Tracr’s verification is essential for maintaining this margin advantage.
• Mitigation of Risk: Tracr significantly reduces the risk of fraud, counterfeiting, and inadvertently handling illicit diamonds. Preventing these incidents avoids potentially enormous costs associated with legal fees, regulatory penalties, inventory write-offs, and severe brand damage, all of which would otherwise erode overall profitability.
• Brand Value Protection: By registering nearly three million diamonds since 2022 and moving toward full rough-to-polished verification, the platform strengthens the brand’s reputation for integrity, reducing customer acquisition costs and increasing long-term customer loyalty.

III. Expense Impact: Initial Investment, Significant Long-Term Reduction

Tracr involves initial and ongoing investment, but it delivers substantial operational efficiency that leads to measurable long-term expense reduction.

Improved Supply Chain Efficiency: Real-time visibility across the entire supply chain improves inventory accuracy and reduces the labor and carrying costs associated with supply chain management, leading to lower unit costs over time.

Initial Capital Expenditure (CapEx) and Operating Expense (OpEx): The development of the sophisticated blockchain, AI, and IoT scanning infrastructure requires significant upfront CapEx. Ongoing OpEx includes system maintenance, cloud hosting, and platform management.

Reduction in Administrative and Verification Costs: By streamlining and automating administrative, auditing, and verification tasks, the system contributes to the wider company goal of achieving annual cost reduction of up to $100 million (part of the overall Origins strategy). Real-time, tamper-proof tracking minimizes the need for extensive, high-cost physical inspections and manual documentation across the supply chain.

Market Data

Cryptocurency and Stablecoins

The Cryptocurrency market is presently valued at a Total Addressable Market of $4.8 Billion with an expected annual growth of 6.75% (CAGR 2025-2026). The resulting projected total amount for 2026 will be $5.1 Billion.

Current statistics estimate that more than 75 million Africans will enter the crypto space by 2026, reaching a user rate of 5.9%.

Chainanalysis shows a 43% of trading volume in Sub-Saharan Africa is via stablecoins (cryptocurrencies pegged to fiat currency or rare valuable materials such as gold).

Blockchain-as-a-Service

The global Blockchain-as-a-Service market is valued at ~$11.4 billion as of 2025, and by most estimated is expected to surpass $70 billion by 2030. The market is expected to grow by a CAGR rate of 34% to $162.8 billion by 2034. Most of these figures are driven by cloud based Blockchain-as-a-Service products as it eases the complexity and cost of setting up and managing Blockchain infrastructure.

More than 80% of the top global companies are exploring or implementing blockchain solutions to insure better transparency, security and traceability.  The present key industries exploring Blockchain-as-a-Service include finance, supply chain management and logistics, healthcare, retail, and government services.

The vast majority of Blockchain-as-a-Service providers are based in North America and the Asia Pacific area. Africa at the time of writing has no native Blockchain-as-a-Service and present offerings are prohibitively expensive for African businesses and organizations, not to mention latency due to the distance of data centres.  

Tokenization of Real-World Assets

Real-world Asset Tokenization (RWA) is a rapidly growing.
Current valuations for late 2025 are over $35 billion according to most statistics.
This is a massive growth from the $2.9 billion valuation circa 2022.
In the first half of 2025 alone, tokenization surged by 260% hitting $23 billion.

At the current rate, the projected future growth is expected to be $2 trillion by 2030 (McKinsey), with other estimates suggesting up to $16 trillion representing roughly 10% of global GDP (Boston Consulting Group, Polkadot).
According to CoinLaw, the market could expand to $18.9 trillion by 2033, and the Standard Chartered projects a market size of up to $30 trillion by 2034.

Unique Selling Proposition

While other Cryptocurrencies and Blockchains exist, Coin Afriq and GondwanaChain is uniquely poised to not only challenge the status quo, but actually offer a groundbreaking ecosystem that can transform the economic wealth of the African continent and fundamentally change the way we do business.

Coin Afriq

Below are the key features for Coin Afriq. A complete tokenomics (crypto economics) spreadsheet is available upon request as well as the whitepaper.

Key Features:

• The first Pan-African cryptocurrency with the goal of pegging the token against gold to create a stablecoin at 1 CAFQ to 1 Grain of Gold
• More fair, democratic and decentralized due to using an innovative Nominated Proof of Stake verification system (i.e instead of resource intensive mining or only rewarding wealthy token holders, reputation is taken into regard and validators are elected democratically)
• Support for Smart Contracts, Decentralized Applications (dApps), Decentralized Finance (DeFi), and Derivative Tokens (both fungible and non-fungible) offering multiple sources of revenue
• Advanced Cryptography using both traditional cryptography for security as well as hybrid Post-Quantum Cryptography to future-proof against security attacks
• ISO-20022 Support to integrate with traditional financial institutions.

Revenue Model:
Token Price:

• R6.80 (Pre-sale)
• R8.50 (Initial Exchange Offering)
• R10.00 (Token Generation Event)
• 1 Coin Afriq (CAFQ) to 1 grain of gold (post gold peg)

Fees:

• 0.5% flat fee per transaction (CAFQ)
• 0.5% flat fee per transaction, 0.25% staking fee (Imalli Wallet)
• 0.25% network fee (dApp ecosystems)

GondwanaChain

GondwanaChain is our enterprise-grade permissioned blockchain-as-a-service for business and organizational use cases. Key features are highlighted below.

Key Features:

• First Blockchain-as-a-Service that is entirely built and hosted in Africa
• Enterprise-grade Blockchain based on open-source software by the Linux Foundation
• Post-Quantum Cryptography for enhanced security and future orientated development
• Robust and extensible with support for custom Blockchain development via Capability custom Smart Contracts using widely used programming languages that compile to WebAssembly (WASM) – a highly optimized cross-platform format.
• Full capabilities for tokenization of Real-World Assets
• Tiered pricing model tailored to the African market for businesses and organizations both large and small
• A suite of easy-to-use user-interfaces for web browsers, computers and mobile phones
• Integration with traditional bookkeeping tools such as Excel and CSV format

Revenue Model:

Hourly/Pay-as-you-go

• Per node/instance:
  • $0.55
• Storage fee:
  • $0.12 (per Gigabyte per month)
• API fee:
  • $3.00 (per million requests)

Monthly (Developer/Starter)

• Per month:
  • $100 (1 low-resource node, 5GB per month storage, capped 100k transactions, community support)

Monthly (Business/Professional)

• Per month:
  • $550 (4 higher-resource nodes, 75GB storage, capped 1 million transactions, dedicated email support)

Monthly (Enterprise)

• Per Month:
  • $1500+ or custom quote (custom number of high-performance nodes, custom storage and data transfer limits, unlimited transactions (or custom limit, dedicated Service Level Agreement)

Yearly (Developer/Starter)

• $1080 (10% Discount – same specifications, transactions multiplied to yearly)

Yearly (Business/Professional)

• $5610 (15% Discount – same specifications, transactions multiplied to yearly)

Yearly (Enterprise)

• $14400+ (20% Discount – varies by quotation, same specification)

ALL YEARLY PLANS HAVE PRIORITY SUPPORT, ONBOARDING ASSISTANCE (WORKSHOP AND/OR ONE-TIME FREE CONSULTATION), EARLY ACCESS TO EXCLUSIVE FEATURES AND ANNUAL PERFORMANCE REVIEW

Other fees:

• Custom Smart Contract Development:
  • $2500-$8000 (Simple Smart Contracts)
  • $8000-$25000 (Moderately Complex Smart Contracts)
  • $25000+ (Highly Complex Smart Contracts, custom quotation depending on scope)
• Network Provisioning:
  • Basic provisioning included in all packages, advanced add-ons such as dedicated IP addresses and custom VPN Integration can be added,
  • Advanced Security Audits fixed service fee of $1500 to $5000+ depending on the scope 
• Transaction Fees:
  • $0.05 (network gas)

Key Individuals and Partners

Key Individuals:

Hannes Uys – CEO and Founder

Hannes has decades of combined experience serving as a CEO in startups in the gold sector across diverse regions such as Southeast Asia, Southwest and Central Asia, and Africa.

Andre Theron – CTO and Co-Founder

Andre has over 12+ years of experience in software development, working as both a developer in companies and freelance, as well as serving as a mentor and teacher for prospective programmers.

Chris Wilcocks – CFO and Consultant

Chris has over 15 years of experience in the financial industry and is currently a senior financial controller for a multinational company. Besides his accounting degree, he also has foundational certifications in business intelligence, data analytics and automation.

Pieter Taute – Wealth and Asset Manager and Consultant (Atomli)

Pieter is a qualified neuroscientist, as well as a qualified wealth and asset manager for investors having a proven track record of asset and wealth management at Investec. Pieter combines sound financial leadership and advice with empirically proven neuroscience.

Partners and Traction

• Atomli (Financial), Africa Speed Rail (Infrastructure), NKWE Exploration (Geology)
• Bitmart (Centralized Exchange), MarketLabs (Market Maker), QuickShock (Early Marketer), M3ta Media (Marketing and PR)
• KYC/AML (MetaMask)

Regulatory Compliance and Requirements

The Republic of South Africa and the Financial Services Conduct Authority require any business that uses Blockchains and/or a service that could be construed as a financial service to have a minimum of a Financial Services Provider (FSP) Category 1 license as per the Financial Advisory and Intermediary Services Act.

Furthermore, if working with cryptocurrency, a Crypto Asset Service Provider (CASP license) is required.

For tokenization of Real-World Assets and wealth/asset management, a business will require an FSP Cat 2 license.

Ideally, an FSP Cat 1 and Cat 2 with a CASP license would net the maximum potential for revenue and profit, and to keep a diverse portfolio.

Capital Required

The cost to acquire an existing Financial Services Provider (FSP) Category I, FSP Category II, and Crypto Asset Service Provider (CASP) authorisation in South Africa is not a fixed price and can vary significantly.

The price is typically determined through private negotiation and depends on several factors, including:

• The specific licenses and authorisations held: A combination of Cat I, Cat II, and CASP is a highly desirable package, which drives up the price.
• The company’s status (“Clean” license): Whether the existing entity has a clean compliance history, no assets or liabilities, and no existing clients is a major factor. A clean license is generally more valuable as it reduces the buyer’s risk.
• Included assets: Whether the sale includes bank accounts (especially for crypto-related services, as some banks are cautious), established key individuals/compliance officers, Professional Indemnity (PI) cover, or other infrastructure.
• Market demand: The current demand for fast-tracked regulatory compliance in the South African financial and crypto sectors heavily influences the asking price.

Estimated Price Range (Based on Recent Market Listings)

Based on recent market listings for similar ready-made entities, the expected cost would be in the range of:

• Existing FSP Cat I & II licenses (without CASP):
  • Listings often quote prices in USD or EUR, typically ranging from $135,000 to over $200,000 (USD).
  • This is approximately R2.5 million to over R3.8 million (South African Rand), but this is highly sensitive to the exchange rate.
• Existing FSP Cat I, Cat II, and CASP Authorisation:
  • Listings for entities with all three authorisations (FSP Cat 1 & 2 plus CASP) are highly sought after and often do not have a publicly listed price, requiring an inquiry for an official quote.
  • Given the combined value of the FSP Categories and the new, high-demand CASP authorisation, the price is likely to be significantly higher than the Cat I & II only range, potentially starting around $250,000 (USD) or more, possibly reaching R5 million to R7 million+ depending on the structure and products included.

In summary, while a ballpark figure for an existing FSP Cat I & II license is in the millions of ZAR (R2.5 million+), an entity that also includes the CASP authorisation will command a premium, likely pushing the total acquisition cost well above R5 million, subject to negotiation.

This can however be done in a phased approach with a portion of profit from the revenue of operations funding further licensing.

Conclusion

Both the Coin Afriq and GondwanaChain projects offer vast potential in terms of revenue, future-proofing in the digital age, and in terms of technology helping to make Africa a key player in the global digital economy.

Should you wish to partner, invest, or collaborate, feel free to contact us on technical@coinafriq.org or +27626404965 (available on WhatsApp).

We thank you for taking the time to read this document