impactMarket Raises $2.1 Million and Launches $PACT Token to Empower Millions out of Extreme Poverty

impactMarket Raises $2.1 Million and Launches $PACT Token to Empower Millions out of Extreme Poverty

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.

impactMarket has raised a total of $2.1M ($1.6M in pre-seed and seed equity rounds, and $500K through an IDO), to further develop the protocol and expand into vulnerable communities […]

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