Common queries about Bentech and FAP.
- What is FAP?
FAP (Future Africa Project) is a technology-driven initiative owned and created by Bentech Synergy Technology Ltd.
It is designed to serve as a platform for economic and digital transformation across the continent by leveraging Web3 infrastructure. Here is a breakdown of what FAP represents according to the context of our project
1. Core Identity
FAP is a proprietary project focused on the “Future of Africa,” utilizing modern financial technology to create new opportunities for digital ownership and trade.
2. Technical Framework
The project is built on advanced blockchain integration through a partnership with Sable Assents Coin Corporation. Its ecosystem includes:
- SAC1 POS: A blockchain-based Point of Sale system for seamless transactions.
- NFTs (Non-Fungible Tokens): Used as unique digital assets for representation, ownership, and high-value transactions.[1]
- Digital Asset Management: A platform where users can hold and trade assets within the FAP ecosystem.
3. Current Status (Episode One)
The project is currently in the implementation phase of “Episode One.” This phase has been successfully capitalized with a $2 million USD investment, facilitated through our partnership with Sable Assents Coin Corporation.
4. Strategic Vision
While “Future Africa” is a term often used by venture capital firms (like Iyinoluwa Aboyeji’s Future Africa), our Future Africa Project (FAP) specifically focuses on the synergy between Bentech’s technological creation and Sable Assents’ blockchain financial tools (SAC1) to build a specialized digital economy.
In summary: FAP is our company’s flagship Web3 project aimed at promoting African digital assets and modernizing transaction systems through blockchain technology.
Sources
How can I sponsor?
To sponsor the Future Africa Project (FAP), a potential partner is essentially buying into a Web3-driven vision of Africa’s digital economy. Since we have already secured $2M for Episode One, our sponsorship model focuses on Ecosystem Integration, Brand Visibility, and Asset Collaboration.
FAP Sponsorship Models
1. Direct Financial Sponsorship (Tiered Levels)
This is for corporate entities looking to align their brand with the “Future of Africa.”
- Platinum Sponsor (Anchor Partner): Exclusive branding across all FAP game levels, the SAC1 POS interface, and primary NFT collections.
- Gold/Silver Sponsors: Branding on specific “Episodes” or sub-features (e.g., a “Telecommunications Partner” for in-game connectivity rewards).
2. Technical & Infrastructure Sponsorship
Since FAP relies on the SAC1 POS and blockchain technology, tech companies can sponsor by providing the “backbone.”
- Node Sponsorship: Sponsoring the server costs or validation nodes for the SAC1 blockchain.
- Hardware Integration: Providing physical tablets or POS devices to be used in real-world FAP transaction points across Nigeria.
3. NFT & Digital Asset Sponsorship
Brands can sponsor specific digital assets within the FAP game.
- Branded NFTs: A company (e.g., a real estate firm or a bank) can sponsor a “Limited Edition” NFT series. Players who own these NFTs get special rewards, and the sponsor gets long-term visibility on the blockchain.
- Reward Pool Sponsoring: A sponsor can provide the funds or tokens that make up the “Weekly Rewards” for the top players in the FAP game.
Benefits for Sponsors
To attract high-level sponsors, you should highlight these unique Web3 benefits:
- Immutable Branding: Unlike a billboard, a sponsor’s logo on an NFT or a blockchain transaction is permanent.
- Direct Access to Youth Demographic: FAP targets the tech-savvy African youth, a high-value market for fintech and digital services.
- Real-World Utility: Through the SAC1 POS integration, sponsors aren’t just in a “game”—they are part of a functional payment ecosystem.
- Transparency: Because it’s on the blockchain, sponsors can see exactly how many people interacted with their branded assets or rewards.