By Abubakar Yunusa
In a bold move that positions Nigeria on the global cryptocurrency map, US-based Nigerian entrepreneur and former presidential aspirant, Faduri Oluwadare Joseph, popularly known as Fadojoe, has officially launched his own digital currency — Fadojoe Coin ($FJC).
The announcement was made in a statement signed by Rev. Emmanuel Olorunmagba and made available to journalists in Abuja on Friday. The cryptocurrency, launched on the Telegram Open Network (TON), is accompanied by an airdrop campaign hosted via the Telegram handle @FadojoeCoinBot.
Joining a select group of black tech entrepreneurs in the digital currency space, Fadojoe aims to inspire and lead Africa into a new era of innovation and economic empowerment. His vision places him alongside global figures such as Satoshi Nakamoto, Elon Musk, Mark Zuckerberg, and Donald Trump — all of whom have made significant impacts in the blockchain and fintech industries.
Fadojoe, who ran for president under Nigeria’s Labour Party in the 2023 general elections before stepping down in support of Mr. Peter Obi, is widely recognised for his advocacy for societal transformation and grassroots development.
Speaking on the launch, the entrepreneur said, “This is more than a digital coin — this is a legacy project. It’s about representation, empowerment, and putting Africa at the forefront of global technology.”
Having spent the last year developing the project with six international investors, the $FJC coin is now live with an initial valuation of $200 million. Analysts close to the team project its worth could soar to $20 billion within five years, if managed strategically. Fadojoe retains a 40% stake in the venture, with the remaining 60% shared equally among the investors.
“Ten years ago, I couldn’t have imagined this moment,” Fadojoe reflected. “From losing my father at age four and my mother at 14, growing up as an orphan, to now launching a cryptocurrency, I know firsthand that dreams backed by purpose are unstoppable.”
The first phase of the $FJC rollout began on 15 April 2025 and will run for 60 days, paving the way for a broader global launch. The initiative represents not just personal triumph, but also a symbolic breakthrough for Nigeria and the wider African continent in the rapidly evolving digital economy.
Observers see the launch of Fadojoe Coin as a potential inflection point for African participation in global fintech innovation — a continent increasingly eager to carve out its own digital future.
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