Impact Market Insight

Impact Market (website) is a unique Web3 platform that is making a significant difference in the lives of underserved populations worldwide. The platform provides UBI to vulnerable communities, helping to alleviate poverty and improve living standards. It has also introduced a microcredit service, offering small loans to support beneficiaries' professional and personal development. The Learn & Earn program further enhances the platform's value proposition, rewarding engagement with educational content on their web app.

The platform has has raised over $3 million and distributed nearly the same amount to beneficiaries. With over 5,500 backers, the platform has supported nearly 45,000 beneficiaries, and the total volume of economic activity generated by beneficiaries stands at over $8.7 million. These figures highlight the significant role Impact Market is playing in addressing poverty and promoting financial inclusion.

Impact Market has successfully raised $2.1 million in funding over two rounds, with the latest funding raised in 2022 from a Seed round. The team behind the project includes Afonso Barbosa, Marco Barbosa, and Bernardo Vieira, who bring a wealth of experience and expertise to the table.

The project has achieved several significant milestones since its inception. It has distributed over $3 million in UBI to beneficiaries worldwide, demonstrating the transformative power of blockchain technology in social impact. The platform has also launched a successful microcredit program, providing financial support to beneficiaries for their professional and personal development. Recently, Impact Market made a significant stride in the DeFi space with the listing of its governance token, $PACT, on the Centralized Exchange Coinstore.

Impact Market is an example of how blockchain technology can be leveraged to create meaningful social impact. By providing accessible financial solutions to underserved populations, the platform is not only alleviating poverty but also empowering individuals to improve their lives and contribute to their communities. With its innovative approach and commitment to social justice, Impact Market is truly making a difference in the world.