1. Overview
A Multi-tool protocol for decentralized social finances.
impactMarket, the human empowerment protocol, provides accessible financial solutions and knowledge to empower underprivileged people worldwide, unlocking opportunities and human potential. Transparent, reliable, and inclusive, enabling financial independence and literacy for all.
impactMarket has one of the largest blockchain-driven Unconditional Basic Income (UBI) programs, supporting over 45,000 people with UBI in around 30 countries. Other impactful solutions include Microcredit, the Libera Crypto Wallet, and a Learn & Earn platform.
We are unleashing new untapped markets and stimulating local economies by enabling inclusive access to finance and literacy to underprivileged communities, quickly scaling to reach more people, and being an industry reference for social good. We empower people to take ownership of their choices, their money, and their lives.
Povoado de Jaguara - UBI Community in Brazil | impactMarket
impactMarket’s protocol is a community-driven framework designed to crowd-source and generate funds to distribute in each of its tools. Using smart contracts for each tool and community, the protocol delivers impact and economic assistance to communities in need of development. With the primary use of cUSD (Celo Dollar) and the complimentary use of its native token $PACT, impactMarket’s ecosystem generates a circular economy of donations, investments, rewards, and governance power to every stakeholder, aligned on upholding the needs of the community. All each stakeholder needs is an internet connection and a smartphone to have an account, to send and receive money.
There is also Celo, the cryptocurrency that acts as a utility and governance token for the Celo platform. Celo is an open-sourced Proof-of-Stake (PoS) blockchain designed to support stablecoins and tokenized assets with an algorithmic reserve-backed stability mechanism. impactMarket’s use of Celo Dollars (cUSD), a stablecoin whose value does not fluctuate widely, enables easy distribution of basic income to vulnerable communities, as well as all other tools that require transferring funds.
If you are a company, foundation, brand, or influencer, please contact us to learn more about how to involve your employees, customers, or community in social initiatives, in a completely transparent and measurable way: [email protected].
Last modified 26d ago