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Nestcoin is a Web3 application company building, operating, and investing in crypto-native products. The company's products span decentralized finance (DeFi), media, digital art, and gaming. In 2021, the venture collective launched its media arm, referred to as Breach.
Breach was established to create bite-sized and informative cryptocurrency content for the average African. Nestcoin also set up Metaverse Magna (MVM), a gaming guild introducing users to the world of play-to-earn crypto-powered games, such as Axie Infinity. Nestcoin has plans to introduce its DeFi projects by Q2 2022.
Additionally, the company will be assessing ways in which content creators on the platform can receive cryptocurrency while educating subscribers with structured learning paths. The company’s pre-seed round took place in February 2022 and yielded $6.5M and will enable it to build the products and others in its pipeline.