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Adaverse Backs Mazzuma for AI-based Smart Contract Platform

Ghanaian startup Mazzuma lands significant funding from Adaverse for its AI-based smart contract creation platform, MazzumaGPT. The platform is tailored for Web3 code, bolstering the development of decentralized applications.

Mazzuma Secures Funding from Adaverse

Fintech, one of Africa's most vibrant sectors, is witnessing a surge in blockchain-based technologies thanks to the advancement of Web3. Mazzuma, a Ghanaian startup, is at the forefront of this revolution. The company recently secured substantial funding from Adaverse to launch its AI-based smart contract creation platform, MazzumaGPT.

Adaverse, a Cardano Ecosystem Accelerator, is known for amalgamating entrepreneurs, strategists, and mentors, particularly in Africa and Asia.

MazzumaGPT is an AI-driven platform that aids developers in generating smart contract codes for decentralized Web3 applications. By merging the power of AI with blockchain, the platform expedites the development and deployment of smart contracts. This enables businesses to rapidly explore and implement innovative possibilities.

What sets MazzumaGPT apart from other AI tools like ChatGPT, Github Copilot, and Bard, is its specific tailoring for Web3 code. This makes it an ideal tool for use cases involving blockchain technology. MazzumaGPT blends two Web3 programming languages, Plutus and Solidity, allowing developers to effortlessly create smart contract codes using natural language prompts.

Mazzuma was established in 2017 by school friends Nii-Osae Osae-Dade and Kofi Genfi. Initially, it functioned as a payments app, but over time, it has transitioned into the Web3 space through cryptocurrencies and blockchain.