Please describe your proposed solution.
The solutions of our ecosystem are primarily aimed at French-speaking African markets and then expand to the English-speaking African market and on other continents.
CARDANO having holders in these areas of Africa, our solutions will therefore be very beneficial for them.
Our solutions solve specific and real problems, namely:
BRYO Xchange v1
- Video :
<https://www.youtube.com/embed/18UoVFt8mpg>- Link : https://xchange.bryocorp.com/client/
a crypto - fiat exchange that solves the problem of buying, selling and exchanging cryptos faced by +90% of people interested in crypto in Africa. Currently on our platform users can pay or be paid by mobile money from 6 Africans countries. These people approached p2p sellers via social networks for these operations; we have therefore set up a partnership system
to allow p2p sellers to deposit their crypto stocks on our platform to sell securely and automatically.
The partnership plan can also be used by individuals to provide liquidity to the platform, they receive interest each month depending on the deposit option. The ADA crypto will soon be listed on this platform.
Our goal is to cover all French-speaking African countries by 2024 and to reach +1,000,000 users; to make the purchase, sale and exchange of cryptos accessible to everyone and in complete safety.
*Mobile money is the most used means of payment in French-speaking Africa because it is easy to access and is managed by GSM networks.
Blearn
- Video :
<https://www.youtube.com/embed/8MX7vP8ityU>- Link : https://xchange.bryocorp.com/learn/
An e-learning platform built on the BSC that solves the learning problem in the field of blockchain and revolutionizes knowledge exchange in Africa.
It has a learn to earn protocol which remunerates learners each time they complete a course; a way to encourage learning and training.
It allows trainers to create and publish training in 3 steps and it's free.
Fees will be taken from him when someone buys his training not before.
It has an integrated chat for private discussions between trainer and learner.
It also has a staking protocol and other ways to earn passive income.
It represents a way for anyone with knowledge that can be taught online to be able to monetize their know-how.
Belta
- Video :
<https://www.youtube.com/embed/58qPe5KmENk>- Link : https://xchange.bryocorp.com/Belta/
An investment tracker that respects user privacy and is free of unnecessary information.
It allows you to see the real gains and the real losses of your investment.
*Real gains to say it does not take into account the ATH of the asset but the current price with the purchase capital.
It is not directly linked to the CEX accounts of the user, it is the user himself who provides the data of his investment.
It supports 3 currencies: dollars ($), euros (€) and CFA francs (XOF).
It currently supports 25 active cryptos including $ADA #CARDANA
The user adds an investment in less than a minute.
*See our attached white paper to see the rest of the ecosystem tools/products
We are continuing to develop other tools in the ecosystem according to our roadmap.
Building our tools on the CARDANO network will bring a lot to the CARDANO ecosystem and community, it will be the perfect way to reach the French-speaking market in Africa.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Our proposal is in line with the challenge because it aims to facilitate the purchase, sale and exchange of cryptos via mobile money, which is the most used means of payment in this area of Africa. Our proposal also aims to facilitate, encourage learning and interaction with blockchain derivatives. In addition, we are no longer at the idea stage, we already have functional tools and with this funding we will be able to move to a higher level. We are therefore the best alternative for this challenge and to positively impact Africa.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The biggest problems we are going to encounter and those we are already encountering are:
- <u>Lack of adequate staff</u> : here we have started to train the current team and we will hire more talents in the future.
- <u>Competition from international platforms</u> : they have more resources than us, more skilled labor, more relationships than us; but being from here we know better the reality on the ground. We are therefore going to use the means at our disposal cunningly to be the leader on the local market.
- <u>Government restrictions</u> : for the moment, our target countries have not yet issued restrictions with regard to cryptos but we are preparing for this by starting discussions with different political and administrative personalities. We plan to intensify these actions in the future. We have also implemented a well-stocked KYC that will allow us to justify ourselves if necessary.