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Ghana’s Mazzuma raises funding to roll out AI-based smart contract generator

admin by admin
June 28, 2023
in Finance


Ghanaian Web3 startup Mazzuma has secured an undisclosed amount of financing from Adaverse to implement the roll-out of its AI-powered smart contract creation platform – MazzumaGPT. 

Launched in 2017 by school friends Nii-Osae Osae-Dade and Kofi Genfi, Mazzuma began life as a payments app but has gradually moved into the Web3 world by way of cryptocurrencies and blockchain.

Powered by artificial intelligence (AI), MazzumaGPT is designed to help developers seamlessly generate smart contract code for Web3 decentralised applications. By combining the strengths of AI and blockchain, the tool enables companies to explore new possibilities in record time, expediting the creation and deployment of smart contracts. 

Adaverse has provided Mazzuma with an undisclosed amount of funding to help it roll out the solution.

“Our entire ethos is to build tools that bridge the gap between the Web2 and Web3 ecosystems while leading the curve with the next technology frontier—artificial intelligence,” Genfi said. “We are proud to launch our new product, MazzumaGPT, and through our partnership with Adaverse, we have gained valuable access to the abundant resources within the Cardano ecosystem.”



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