Democracy Earth Foundation.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$120k | Seed | ||
$100k | Seed | ||
Total Funding | CAD300k |
Related Content
Recent News about Democracy Earth Foundation.
EditDemocracy Earth operates in the decentralized finance (DeFi) and blockchain sector, focusing on creating a more equitable world through innovative technologies. The company offers a platform that leverages Proof of Humanity and Universal Basic Income (UBI) tokens, streamed via Ethereum, to verified profiles. This system aims to provide financial support to individuals globally, from grandparents in Buenos Aires to children in Mumbai, without requiring biometrics or real names—just a simple video proof of humanity. The business model involves staking ETH or DAI in smart contract vaults, which helps burn UBI tokens and generates yield for contributors. Democracy Earth primarily serves individuals in need of financial aid, as well as crypto enthusiasts and hacktivists interested in supporting decentralized solutions for poverty eradication. The company generates revenue through the staking of cryptocurrencies and the associated yield farming.
Keywords: Decentralized, blockchain, Ethereum, Universal Basic Income, Proof of Humanity, financial aid, staking, yield farming, hacktivists, poverty eradication.