Project Dejene: Modernizing Defi

not approved

$30,000.00 _Requested

Community Review Results (1 reviewers)

Addresses Challenge

Feasibility

Auditability

Solution

Equb and Eder work can scale these solution by putting it in on the blockchain

Problem:

Ethiopia, through existing social financial solutions called Equb and Eder, isnt scallable due to lack of transpatancy and trust.

Yes Votes:

₳ 18,352,681

No Votes:

₳ 24,235,241

Votes Cast:

272

Team

For Equb- Incorporating existing Equbs

Digitizing and drawing process over the blockchain

Digitizing the payments.

Gathering participants.

Digitizing their collateralizable assets.

For Eder - Developing the system over the blockchain ( Gofundme on the blockchain)

- Marketing the system for people in need of it. (Targeting various foundations for cancer and dialysis users)

NFTs for indivduals

Verifying the destination of the money that would be collected.

Verifying payments to be used as tax credits internationally.