EthicHub Insight

EthicHub (website) is one of the first ReFi projects founded in 2017. It has carved out a unique niche by serving the financially underserved. The platform connects liquidity providers with actual farmers practising regenerative agriculture, thereby linking the DeFi sector to the real-world productive economy. This is achieved through a unique crowd-lending model backed by crowd-collateral. By using blockchain technology and smart contracts, EthicHub enables global lenders to invest in the productivity of unbanked smallholder farmers. This innovative approach provides these farmers with access to affordable capital through minimised risk loans. The loans are facilitated by EthicHub’s Compensation System which offers liquid collateral to the lender's capital in the form of $ETHIX, EthicHub's native token.

The platform empowers growers in developing countries by providing access to crowd-funded loans. This makes EthicHub the first DeFi protocol to secure lending by connecting yield farmers to real farmers. The platform's unique crowd-collateral technology further enhances its value proposition. The EthicHub community purchases $ETHIX tokens and stakes them on behalf of unbanked farmers, fostering a trustworthy environment for impact investing. Since its inception, EthicHub has funded over 500 projects, facilitating over $3 million in micro-loans to more than 700 families across five countries.

EthicHub's innovative approach has not gone unnoticed. The platform has won several awards, including the Blockchain4 Humanity Award, the Spanish Fintech Award, and the "Project with the Greatest Impact" award during the Demo Day- XI Edition. These accolades highlight the significant impact EthicHub has made by providing affordable loans to smallholder farmers in developing countries, helping to break the cycle of poverty and improve the social and economic development of these communities. On the funding front, EthicHub has successfully raised $1.7M from top Crypto ReFi VC’s and multilateral institutions. The platform is currently conducting a crowd equity tranche to close the round. The capital raised will be used to consolidate its business model, tested over the last five years, and fuel its continued expansion.

The team behind EthicHub, which has grown to 15 individuals since its inception, is led by four co-founders: Jori Armbuster (CEO), Gabriela Chang (CSO), Raúl Martinez (Token Architect), and Diego Pardilla (Lead Developer). The team is further guided by a group of eight advisors, providing necessary expertise. With a successful funding round and a series of awards under its belt, EthicHub is poised for continued growth and impact in the years to come.