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impactMarket is a decentralized poverty alleviation protocol leveraging blockchain and DeFi to support vulnerable communities globally. It provides Unconditional Basic Income (UBI) via cryptocurrency, empowering those in need with direct, censorship-resistant financial aid. The platform enables the creation and management of community currencies, fostering local economic activity and resilience. impactMarket operates autonomously through smart contracts on the Celo network, using cUSD and $PACT as its digital currencies. In its first year, it distributed over $1.6 million in cUSD to nearly 30,000 beneficiaries in 25+ developing countries. Offering services beyond UBI, such as Learn & Earn programs and Microcredit, impactMarket enhances financial inclusion and drives DeFi adoption, promoting long-term economic development in underserved areas.
impactMarket is a decentralized poverty alleviation protocol leveraging blockchain and DeFi to support vulnerable communities globally. It provides Unconditional Basic Income (UBI) via cryptocurrency, empowering those in need with direct, censorship-resistant financial aid. The platform enables the creation and management of community currencies, fostering local economic activity and resilience. impactMarket operates autonomously through smart contracts on the Celo network, using cUSD and $PACT as its digital currencies. In its first year, it distributed over $1.6 million in cUSD to nearly 30,000 beneficiaries in 25+ developing countries. Offering services beyond UBI, such as Learn & Earn programs and Microcredit, impactMarket enhances financial inclusion and drives DeFi adoption, promoting long-term economic development in underserved areas.
impactMarket aims to alleviate poverty and promote economic development by utilizing decentralized financial mechanisms. It empowers vulnerable communities by providing Unconditional Basic Income (UBI) funding, fostering economic activity, and promoting resilience in emerging markets.
impactMarket leverages blockchain technology to operate autonomously via smart contracts on the Celo network. It uses cUSD (Celo Dollar) and $PACT governance tokens, offering secure, transparent, and censorship-resistant financial aid to underserved communities.
By offering a decentralized platform, impactMarket provides direct, secure access to financial aid, enables local currency management, and supports economic development. The user-friendly interface ensures accessibility to blockchain benefits for vulnerable populations, offering long-term economic growth opportunities.
Unlike traditional financial aid, impactMarket offers immediate, direct support through blockchain-based decentralized finance (DeFi) mechanisms. Its protocol is transparent, autonomous, and free from governmental censorship, making it more efficient and resilient.
impactMarket is significant in the DeFi and blockchain sectors, bridging technological solutions with social applications for poverty alleviation. It drives DeFi adoption by providing essential financial services to underserved communities globally, promoting financial inclusion.
If you experience issues with impactMarket, ensure that your mobile platform supports Celo network transactions. For unresolved issues, consult their user guides or contact support for assistance. They can guide wallet compatibility or troubleshoot transaction problems.
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