Minimum wage refers to the smallest amount of pay an employee can receive in their workplace in exchange for their services.

Some would say the idea of minimum wage increases poverty. This is because companies would tend to increase the costs of products and services to meet up with the increased cost of Labour.

Nevertheless, a larger majority believes that a higher minimum wage increases the standard of living of the people thus a good initiative.

The minimum wage varies from country to country.
Here are the top annual minimum wages in the world

Luxembourg $28,603 Annually
Australia $23,975
France $20,903
New Zealand $20,932
Germany $22,097
Netherlands $23,520
Belgium $22,133
The United Kingdom $20,053
Ireland $23,447
Canada $20,643
Israel $17,713
United States $15,080
South Korea $19,880
Turkey $12,616
Spain $14,289
Portugal $9,584
Slovenia $15,269
Czech Republic $10,342
Greece $12,128
Lithuania $9,365
Latvia $8,969
Slovakia $10,518
Estonia $7,082
Costa Rica $9,132
Poland $13,214
Hungary $10,669
Colombia $7,768
Russia $4,734
Chile $7,319
Brazil $5,114
Mexico $1,193

Not a single African country is on the above list even though African countries are blessed with Natural resources and wealth.

Africa

Is there a solution to this?

Omotade-Sparks Amos Sewanu.
CEO Inksnation DAO Foundation

Omotade-Sparks Amos Sewanu, the CEO of Inksnation DAO Foundation has invented the Inksledger Financial system to enable African nations to pay up all their International debts and increase their minimum wage. The Inksledger financial system will enable African countries to escape poverty FOREVER. The greater the population of the country the greater its minimum wage. If there is something Africa has more than European countries, it’s Population. Which makes the Inksledger Financial system the best option for African Nations.

Any African Nation that adopts the Inksledger financial system can raise its minimum wage from whatever it is to more than $30,000 annually.
And this can be done in less than 9 months of Adopting the Inksledger financial system.

That African Nation will exceed all European and American countries. The United States, Canada, The United Kingdom, France, and even Luxembourg.

This is a game-changer for African Nations. Africans will no longer worship the whites, everyone will be seen as equal as it should be. Africans will no longer be oppressed. Africans will escape poverty. African countries will no longer be called Third-World countries.

The technology is already under trial in Nigeria since November 2019. Even though the government itself has not legalized it, they have recorded huge success. It records more than 6.5 million members in Nigeria alone and growing globally.

The big question is this.


Which African country will be the first to try out the Inksledger financial system on a massive scale?

Will African Nations recognize the power of this indigenous invention early enough, or will they wait until foreigners try it first and then dump it in Africa, the usual way?

We have to wait and see.

To learn more, Visit Inksnation DAO Foundation