Hashed Emergent

India's web3 developer ecosystem keeps shifting and we're mapping the builders behind it. Take part in the Developer Survey for the India Web3 Landscape Report 2026 by Hashed Emergent, in collaboration with @riseinweb3. Help us capture how India's developers are building in web3.

Last June, we brought founders from across Africa to Nairobi for the inaugural Hashed Vibe Haus – Africa Edition, powered by @tether @Tether_Africa For five days, Nairobi became a space for these founders building at the intersection of stablecoins, and AI/agentic payments, to connect, exchange ideas, learn from experienced ecosystem leaders, and think deeply about what they’re building next. But we didn’t just want to hear about their products. We wanted to hear their stories. What inspired them to start? What problems are they solving? What does building from Africa look like today? What have they learned along the way? So, throughout the residency, we sat down with each founder for candid conversations about their journeys, their companies, and their experience at Vibe Haus Nairobi. 🎥 Hear from the founders who joined us in Nairobi.

⚖️📜 Regulatory, Tax and Policy Kenya's regulatory landscape shifted decisively in 2025, moving from cautious warnings to formal legislative action. The landmark development was the Virtual Asset Service Providers (VASP) Act 2025, assented to by the President in October 2025. With the VASP Regulations now gazetted, the focus shifts to implementation, a critical step in strengthening market confidence and unlocking the ecosystem's next phase of growth.

🧑‍💻 🛠️ Developer Ecosystem Kenya hosts East Africa's most active web3 developer ecosystem — young, urban, and increasingly diverse. 86% of developers are under 28, while female participation stands at 25%, notably higher than other African web3 communities. Ecosystems and communities including @AvaxAfrica, @Based_Africa, @Sui, @StellarOrg, @CeloAfricaDao, @StarknetAfrica, @Lisk, @Scroll_ZKP, @_one_dev, @Web3Clubs and many others, have played an important role in expanding Kenya's Web3 talent pool through developer and builder programmes over the past few years.

📈💸 Startup and Investment Landscape Kenya's web3 startup ecosystem, with over 45 startups have collectively raised more than $34M in disclosed funding since 2021. Investment rebounded sharply in 2025, with founders raising up to $14M, trailing only the ecosystem's 2022 peak of $17M. Deal activity remained low but resilient, recording 7 funding rounds in 2021, 10 in 2022, and 8 in 2023, before slowing in 2024 and recovering in 2025. The finance sector dominated investment, growing 25× to $10M, driven primarily by stablecoin-powered solutions.

📢𝐊𝐞𝐧𝐲𝐚 𝐖𝐞𝐛3 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 2025 𝐢𝐬 𝐋𝐢𝐯𝐞 We are excited the unveil the first-ever Kenya Web3 Landscape Report, in collaboration with our knowledge partners @Web3Clubs, and @vaspchamber. As the inaugural edition, this report offers a comprehensive analysis of Kenya's Web3 ecosystem, exploring the growth of its developer community, evolving funding landscape, and regulatory developments shaping innovation across the country. The report covers 🔎: 1️⃣ Startups & Investment Landscape – A deep dive into funding trends and Kenya’s growing web3 startup ecosystem 2️⃣ Developer Ecosystem – Kenya's role as one of the leading hub for web3 talent Africa 3️⃣ Regulatory, Tax & Policy – The evolving policy landscape and what it means for innovation, builders, and investors. A Snapshot of Key Insights 🧵:

🌃 Afterhours | Hashed Vibe Haus Nairobi To wrap up Hashed Vibe Haus Nairobi, powered by @tether, @Tether_Africa, we brought together founders, operators, and ecosystem leaders for Afterhours - an evening of conversations, new connections, and networking sessions. After a week of sessions and workshops, the evening created space for the cohort to continue conversations beyond the structured program, strengthen relationships across the ecosystem, and make new connections. A few moments from the evening. 🎥👇

🏡 Day 5 at Hashed Vibe Haus Nairobi The final day of the residency featured a GTM and distribution masterclass with Peter Chege Mureu, Africa Business Development Lead at @binance. Drawing from his experience across fintech, payments, and digital assets, Peter shared practical perspectives on product-market fit, customer acquisition, partnerships, and scaling across African markets. The session concluded with one-on-one discussions, where founders received direct feedback on their GTM strategies and distribution plans. Moments from Peter's Session. 🎥👇

3/ A special shout-out to Florence Githinji for joining us at Hashed Vibe Haus Nairobi and sharing practical insights that founders can take back and apply to their own growth journeys.

2/ Drawing from her experience building partnerships and driving commercial growth across fintech and payments companies, She shared practical lessons on what it takes to move product to adoption. The session was interactive, with founders asking candid questions about partnerships, market expansion, customer acquisition, and the realities of scaling across African markets.

🏡 Day 4 at Hashed Vibe Haus Nairobi Day 4 was dedicated to one of the crucial parts of startup building - Go-To-Market. Florence Githinji from Yellow Card, shared practical GTM strategies and lessons for fintech and payments/stablecoin products across Africa, from early customer acquisition and strategic partnerships to building sustainable distribution in emerging markets. 🧵Here's a glimpse into Day 4. 🎥👇

🏡 Day 3 at Hashed Vibe Haus Nairobi The day opened with a workshop on QVAC, led by @decentraldev_ from @tether, introducing founders to Tether's decentralized AI framework and its vision for private, local, and permissionless AI. Founders joined a roundtable session with @GMosomi sharing product updates, discussing challenges, and receiving practical feedback through group discussions and one-on-one sessions. The day wrapped up with a session led by @yosephayele, and the @lavavc_ team, where founders openly discussed fundraising challenges, asked candid questions, explored investor expectations for Africa's evolving stablecoin landscape, and unpacked what it takes to build venture-backable companies in emerging markets. Here's a glimpse into Day 3. 🎥👇