MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: Startup secures $20,000 innovation grant
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$77,941.000.52%
  • ethereumEthereum(ETH)$2,313.17-0.32%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.431.21%
  • binancecoinBNB(BNB)$638.330.31%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$85.990.41%
  • tronTRON(TRX)$0.327490-0.09%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.43%
  • dogecoinDogecoin(DOGE)$0.0975831.20%
Blockchain

Startup secures $20,000 innovation grant

Last updated: December 17, 2025 6:10 am
Published: 4 months ago
Share

ClapMi, an African creator-tech startup, has secured a $20,000 innovation grant from Lisk through the Aya × Lisk Incubation Programme, aiming to launch Africa’s first competitive livestreaming platform, it said in a statement.

The funding will accelerate ClapMi’s development of its creators layer and support the company’s mission to scale a hybrid Web2/Web3 livestream competition platform that enables performance-based monetisation for creators across the continent.

Africa’s creator economy is projected to surpass $29.8bn by 2032, driven by mobile-first consumers and a digitally native population. But monetisation remains a significant challenge. Industry data shows that over half of African creators earn less than $60 per month, as traditional livestream and social platforms rely on passive consumption, opaque payout systems, and algorithms that undervalue competitive formats popular in African entertainment.

ClapMi was designed to address this gap. The platform reimagines livestreaming as a competitive experience, introducing real-time, head-to-head battles where creators earn based on performance, audience engagement, and outcomes. This structure mirrors the rivalry, energy, and communal engagement characteristic of African digital culture, while providing a monetisable format for creators.

The platform operates on a hybrid Web2 and Web3 architecture. Audience interactions, including votes and tips known as “Claps”, are tracked on-chain, ensuring transparent, real-time payouts to top-performing creators. Blockchain payment integrations across Solana, Lisk, and BEP-20 enable borderless payouts and reduce dependence on traditional financial systems.

Since its launch in August 2025, ClapMi has hosted over 150 livestreams, attracting more than 6,000 active users across Africa and the diaspora. The platform has already distributed more than $1,000 directly to creators and fans, demonstrating proof of concept for performance-based monetisation.

High-traffic events, such as the Solana SuperteamNG Omega Football Competition, successfully connected thousands of fans without affecting livestream quality. Competitions like Nigeria versus Ghana creator matchups, co-hosted by Cade Esports, generated strong organic engagement and validated demand for structured competitive content.

The $20,000 grant from Lisk will support enhancements to ClapMi’s blockchain-enabled payment systems, strengthen its competitive livestream engine, and accelerate the launch of a dedicated mobile app, lowering access barriers for creators and driving faster adoption.

“The grant validates our mission to create a creator economy for Africans, by Africans, for the world,” said Co-founder and CEO of ClapMi, Justice Eneje.

“We are focused on turning creator income from unpredictable side earnings into reliable, scalable revenue by replacing opaque ad models with transparent, performance-based rewards. Our Web3 integration delivers the borderless payout system African creators have long lacked.”

With the web app in live beta and the mobile app soon to launch, ClapMi is expanding beyond gaming and football into singing battles, comedy showcases, and lifestyle-driven interactive shows.

The company aims to become the definitive competition layer for Africa’s creator economy, giving creators financial control and global visibility while transforming audiences into active participants rather than passive viewers.

ClapMi said it is positioning itself at the forefront of African digital entertainment, combining livestream competition, mobile accessibility, and blockchain transparency to create a more equitable and participatory creator economy.

Read more on Punch Newspapers

This news is powered by Punch Newspapers Punch Newspapers

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading...

Related

Chinese Robotaxi Tech & Rider Experience Compared to Waymo – News Directory 3
“DeFi Is the New Global Economy”: An In-Depth Interview with Super CEO, Alexey Salashny – Tech Featured
A Digital Euro alternative? Europe’s banking giants bet big on blockchain payments
Govt moves to improve World Bank’s project transparency – The Nation Newspaper
AAVE Price Prediction: Avalanche Price Rebounds Above $210 – EV2 Token Presale Gains Investor Attention

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article MicroStrategy’s $980M Bitcoin Buy Sparks Debate After Market Pullback – TokenPost
Next Article Set up regional hubs to foster innovation-led growth | MACAU DAILY TIMES 澳門每日時報
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d