Impactmarket Ico Review: Decentralized Poverty Alleviation Protocol

About Impactmarket Ico

Impactmarket Ico is a poverty alleviation protocol that enables any vulnerable community to implement financial inclusive mechanisms, like Unconditional Basic Income (UBI). It is an application-layer protocol designed to fight extreme poverty quickly and effectively, while empowering local & social change, bottom-up economic development, and prosperity.

impactMarket operates as a DAO, on top of the Celo network, uses cUSD (Celo Dollar) as the main digital currency and $PACT as its governance token, while running autonomously through smart contracts. Beyond UBI, impactMarket is working on providing free access to more financial services. Given the Celo network design and its current DeFi ecosystem, impactMarket is uniquely positioned to drive DeFi adoption and retention by integrating & offering DeFi solutions directly on mobile to those who need them the most.

Token Basic Information

Ambassador Program

At impactMarket, they believe that the more we are on the ground, the better. The ambassadors play a crucial role in expanding reach in either accessing the communities that need it the most or donors/partners that could support the protocol. impactMarket relies on a person-to-person outreach strategy to build community support for our mission. It’s all about relationships.

Feature Requests

If you have an idea for a new feature or improvement you’d like to see in impactMarket in future, we’d love to hear from you. Read through these steps on how to share your idea.

Try to confirm what you want doesn’t already exist As much as possible, try to confirm that the feature doesn’t exist already. A good start is to go through all feature requests and see if anyone else has already submitted something similar.

Keep your feature request simple and concise. Briefly summarize the request. Ideally, this should be no more than a few paragraphs.

Describe the benefits of your idea. Take some time to explain why we should implement your idea and who will benefit from it.

Post your request Remember that besides the title and description, you can also submit an image. After submitting everyone can vote and comment.

How do communities work?

Communities are usually led by local social institutions that have direct access to the end beneficiaries and that make their selection, in order to reach those who need it most quickly first. After applying and get accept on impactMarket each community will have one or more community managers that will add multiple beneficiaries and will keep the community public information up-to-date.

Celo BlockchainBlockchain

technology allows for a set of new benefits and allows anyone to send money to another person, in a non-objectionable, transparent way, without intermediaries, instantly and almost free of charge, regardless of the country. All you need is an internet connection and a smartphone to be able to have an account, send and receive money. At impactMarket, we use Celo, an open-sourced Proof-of-Stake (PoS) blockchain designed to support stable coins and tokenized assets with an algorithmic reserve-backed stability mechanism.

Flexible Price

The live impactMarket price today is $0.004917 USD with a 24-hour trading volume of not available. We update our PACT to USD price in real-time. impactMarket is down 0.52% in the last 24 hours. The current CoinMarketCap ranking is #8850, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

ImpactMarket

Its only role is to accept new communities. This will be replaced by a mechanism (already under development) with voting for new communities.

API

All API endpoints are documented using swagger. For each environment (alfajores testnet and mainnet), there’s one API and a swagger URL available. Please, see the next section regarding the environment you want to use to know more.