Rapper Nas has joined US private equity firm Andreessen Horowitz and Alphabet Inc.’s Google in an investment round for Africa-focused mobile gaming platform – Carry1st. Carry1st, a South African publisher of social games and interactive content across Africa, has raised $20 million Series A from the investors. The startup, launched by Cordel Robbin-Coker, Lucy Hoffman and Tinotenda Mundangepfupfu in 2018, also received investments from Avenir and the founders of Chipper Cash, Sky Mavis and Yield Guild Games, took part. It wants to use this additional capital to scale interactive content across Africa, build the workforce and acquire new users. The
Rappers Pusha-T and Nas have jumped the bandwagon and followed the likes of Jason Derulo by investing in a new streaming platform, Audius, which is looking to rival Apple Music, Spotify, and Tidal. The free-to-use streaming platform built on blockchain technology launched in 2018 and also supports NFTs or non-fungible tokens. Last week the venture also announced a $5 million round of strategic funding. “I believe [blockchains] might be the most important technology to ever hit the music industry,” Nas said in a statement. “Everyone who uploads to Audius can be an owner. You can’t say that about any
