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Impactmarket Raises $2.1M And Launches $Pact Token To Empower Millions Out Of Extreme Poverty

Jan 26, 2022over 3 years ago

Amount Raised

$2.1 Million

Round Type

seed

Lisbon

Description

impactMarket wants to become one of the main contributors to end extreme poverty in the world by 2030 leveraging blockchain technology to reach vulnerable communities and people living in extreme poverty. Launched in late 2020, the protocol operates on top of Celo network and is already one of the world's largest blockchain-based Unconditional Basic Income (UBI) systems, with over $1.65 million distributed to almost 25,000 beneficiaries in over 25 developing countries.

Company Information

Company

Impact Market

Location

Lisbon, Maine, United States

About

impactMarket enables any vulnerable community to implement poverty alleviation mechanisms, like Unconditional Basic Income.