impactMarket PACT current price is $0.00110 with a marketcap of $3.27 M. Its price is -7.30% down in last 24 hours.
impactMarket 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.After 1 year, the protocol already distributed $1.6M+ cUSD as UBI to almost 30 thousand beneficiaries living in the most vulnerable communities in 25+ developing countries. It 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.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.