Coinbase co-founder and CEO, Brian Armstrong, recently posted that "Tokenization is going to reinvent finance. Everything that can be tokenized, will be. It's much better for the end user." Everything? Including the products and services that Afrogoth will offer? The comment section assured me that yes, even culture can be tokenized!

All-Access, which transforms "entertainment IP into programmable, investible assets" replied: "Totally. And it goes beyond finance. Once cultural IP gets tokenized, supporters can finally access, trade, and earn from the demand they help create. Whole new asset class opening up." Of course I was intrigued and went on to check out their other posts. This one immediately caught my attention: "decentralization finally gives fans and creators real upside. When you co-own the network, two things change fast: 1. cultural IP gets priced fairly 2. power shifts away from giants and their 300+ festival empire." One of Afrogoth's products and services will be fashion shows, both A.I.-generated and live ones. It makes total sense to me for Afrogothers to co-own these fashion shows which will ensure that they are priced fairly and that they do not morph into gatekept events.

Currently, access to global fashion weeks is limited, especially to young Africans, the demographic dividend that makes up a big part of the African population. Even attending an African fashion week, such as the upcoming Dakar Fashion Week, has its own challenges. There are visa costs, a direct consequence of one of the themes that Afrogoth addresses with its signature dark humoUr. Visa costs are as a result of borders which are a direct result of the Berlin Conference, where some men literally carved up Africa. Africa was tokenized! Not surprisingly, Afrogoth's brand of tokenization is purposely about decolonization rather than colonization.

According to an article by Harrison Whitlock: "The fees for tourist visas in Senegal typically range from $50 to $100, while business visas generally cost between $100 and $150. These fees can vary based on the duration of stay and processing times." Assuming that the person who wants to travel is not unemployed, this is still prohibitive because according to this article the "average monthly salary in Africa is approximately 769 USD (US dollar), as per the exchange rates in April 2023. This is about 10 times lower than in the USA and UK with average salaries of 7,900 USD and 7,795 USD respectively." The article goes on to outline differences in average monthly salary among different African countries, with Morocco having the highest of almost 2000 USD, Kenya just over 1000 USD, Ethiopia and Sudan, 165 USD and 61 USD respectively. Someone from Sudan wanting a tourist visa would use a whole month's salary to get it and if she wants a business visa, she would use two months salary.

We haven't even tackled travelling to Senegal. According to kayak.com "The cheapest month for flights from Nairobi Jomo Kenyatta Intl Airport to Dakar is July, where tickets cost $721 (return) on average. On the other hand, the most expensive months are August and September, where the average cost of round-trip tickets is $2,040 and $1,238 respectively." A Kenyan earning the average monthly salary of about 1000 USD would spend one whole month's salary on just the visa costs and tround trip tickets. Chances are, the Kenyan earning this amount is not a youth between 18 and 35 years old.

Thanks to A.I. and decentralization, things can change. All-Access posted an excerpt from their YouTube interview by Rabbitcoinhole titled "Redefining Live Entertainment: The All Access Revolution with AI, Festivals, and Agentic IPs". Iqbal Amir, co-founder of All Access said: "To sum it up, if AI and decentralization didn't exist, All Access wouldn't be around."

As an A.I.-native fashion movement keen on decentralization, Afrogoth aims to increase access to and governance of cultural IP to Africans, especially Africans between the ages of 18 and 35.