What Is AFEN Blockchain Network (AFEN) Crypto Coin? Explained
David Wallace 11 June 2025 24

AFEN Token Value Calculator

AFEN Token Overview

AFEN is a multi-purpose cryptocurrency designed to empower Africa's digital economy through NFTs, education, and finance. With a maximum supply of 850 million tokens and approximately 146.86 million currently in circulation, AFEN's value depends heavily on its utility and ecosystem adoption.

Investment Calculator
Current Market Data
Exchange Price (USD) 24h Volume
Binance $0.000019 $0
WEEX $0.0000096 $0
Digital Coin Price $0.0000376 Negligible

Note: Prices vary significantly across exchanges due to low liquidity.

Estimated Results
Enter your investment amount and expected return to see projected earnings.

Ever stumbled on a token that promises to reshape an entire continent’s economy and wondered if it’s worth a closer look? That’s the case with the AFEN crypto coin. This article breaks down what AFEN is, how its token works, the platforms it powers, and whether it’s a realistic opportunity or just hype.

Quick Take

  • AFEN Blockchain Network is a Web3‑focused infrastructure project aiming to boost Africa’s art, finance and education sectors.
  • The AFEN token is a multi‑utility coin used for NFTs, staking, education rewards and cashback.
  • Three main platforms power the ecosystem: an NFT marketplace, Bloomone (learning), and Metacitti (real‑estate NFTs).
  • Liquidity is extremely low - prices differ dramatically across Binance, WEEX and other aggregators.
  • Investors should treat AFEN as a high‑risk speculative asset with limited community activity.

What Is AFEN Blockchain Network?

AFEN Blockchain Network is a blockchain infrastructure company that leverages Web3 protocols to create decentralized solutions for the African economy. Its mission, as stated by the founders, is to "use blockchain technology to open up aspects of the African economy, create opportunities, and drive crypto adoption." The project is built around three verticals - art, finance and education - and positions itself as a long‑term player intent on reconstructing a new Africa that offers insurmountable value to the world.

AFEN Token: Utility and Supply Details

AFEN token serves as a multi‑utility cryptocurrency within the ecosystem. Its four core purposes are:

  1. Facilitating transactions on the native NFT marketplace.
  2. Providing staking rewards for holders who lock their tokens in the staking pool.
  3. Paying “learn‑and‑earn” incentives on the Bloomone education platform.
  4. Offering cashback on select partner services.

The token supply is capped at 850million, with roughly 146.86million currently circulating. This means the fully diluted valuation (FDV) sits around $14.8K, while the market cap reported by major trackers hovers between $2.5K and $2.9K. About 18,960 unique addresses hold AFEN, indicating a modest but active holder base.

Core Platforms Powered by AFEN

The ecosystem revolves around three flagship platforms:

AFEN NFT Marketplace allows users to mint, buy and sell digital artworks and collectibles. Transaction fees are paid in AFEN, and participants receive a discount on each trade.

Bloomone is the education arm. It delivers blockchain courses, and students earn AFEN tokens after completing modules. Successful graduates receive NFT certificates minted on the network, unlocking further opportunities in the ecosystem.

Metacitti focuses on tokenized real‑estate. Property owners can fractionalize assets into NFTs, sell them on the platform, and receive AFEN as payment.

Market Performance and Price Volatility

Market Performance and Price Volatility

Token pricing is notoriously inconsistent due to low liquidity. As of the latest snapshot, prices differ across exchanges:

AFEN Price Across Major Exchanges (Oct 2025)
Exchange Price (USD) 24‑h Volume
Binance $0.000019 $0
WEEX $0.0000096 $0
Digital Coin Price (aggregated) $0.0000376 Negligible

Historically, AFEN hit an all‑time high of $0.0714 before plummeting more than 99% to sub‑$0.0005 levels in early 2024. Such swings are typical for micro‑cap tokens with scarce trading activity.

Investment Risks and Practical Considerations

Before you allocate any capital, keep these points in mind:

  • Liquidity crunch: Most exchanges report zero 24‑hour volume, making it hard to enter or exit positions without slippage.
  • Community silence: Social channels show limited engagement, raising doubts about network effects.
  • Regulatory uncertainty: African jurisdictions are still shaping crypto policies, and sudden restrictions could hamper adoption.
  • Technical opacity: The underlying blockchain details, consensus algorithm and scalability solutions are not publicly documented.

Given these factors, treat AFEN as a speculative play rather than a core holding. Diversify, set strict stop‑loss levels, and only invest money you can afford to lose.

Future Outlook: African Adoption and Project Momentum

AFEN’s vision aligns with a broader trend: Africa’s mobile‑first population and under‑banked demographics present fertile ground for decentralized finance and digital identity solutions. If the team can deliver functional products, partnerships with local fintech firms could unlock real‑world use cases.

However, without regular development updates, community building, or transparent roadmaps, the project risks fading into obscurity. Monitoring official channels for announcements, code commits on public repositories, and partnership press releases will be essential to gauge ongoing momentum.

Getting Started: Step‑By‑Step Guide

  1. Set up a compatible wallet (e.g., MetaMask) that supports ERC‑20 tokens.
  2. Create an account on a listed exchange - Binance currently lists AFEN.
  3. Purchase a small amount of AFEN (consider $10‑$20 worth) to test the waters.
  4. Explore the AFEN NFT Marketplace: you can browse collections without spending tokens.
  5. If you’re interested in education, enroll in a Bloomone course and earn tokens as you complete modules.
  6. Consider staking a portion of your holdings to generate passive rewards, but only after reviewing the staking contract’s terms.

Always double‑check contract addresses and avoid phishing sites. The low liquidity means even modest trades can impact price, so stay cautious.

Frequently Asked Questions

What problem does AFEN aim to solve?

AFEN targets financial inclusion, digital art monetization, and affordable education across Africa by using blockchain‑based tokens and NFTs to lower entry barriers.

How can I earn AFEN without buying it?

Through Bloomone’s "learn‑and‑earn" courses, staking rewards, and by creating or selling NFTs on the AFEN Marketplace.

Is AFEN a good long‑term investment?

Given its low liquidity, limited community, and unclear technical roadmap, AFEN is high‑risk. It may suit speculative traders but isn’t a safe core holding.

Where can I check the latest AFEN price?

Major trackers like CoinMarketCap and Binance display the most up‑to‑date price, though expect noticeable discrepancies between sources.

What are the main risks of using AFEN’s platforms?

Risks include smart‑contract bugs, regulatory clamp‑downs in African jurisdictions, market manipulation due to thin order books, and the possibility of project abandonment.