What is Africarare?

Symbol: UBU · Market cap rank: #1898

Short answer

Africarare (UBU) is a cryptocurrency currently ranked #1898 by market capitalisation.

Source: isthiscoinascam.com

Overview

Africarare is a cryptocurrency project described as focusing on AI powered mixed reality. The description says it is intended to serve a large population and operate with a focus on Africa and communities worldwide. It is presented as a platform for users, brands, and communities to connect, collaborate, and explore in an interactive digital environment that transcends geographic boundaries.

The description also states that Africarare has conducted sales through NFTs and onboarded over 34 B2B and B2C brands, mentioning MTN and Nedbank, with those brands said to have a combined total audience of over 250 million users. It further claims operation by a South Africa agency that has served over 3,000 projects, and a partnership with Singularity University, said to involve over 1,100 organizations. A roster of advisors is listed as including Monica Singer, Will Weisman, Tanya Knowles, Benji Rosman, and Dr Adam Pantanowitz.

Scam-risk analysis

Africarare has a low score, indicating elevated scam risk based on the available data. Is Africarare a scam?

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