Globally, 1.4 billion adults remain unbanked and completely excluded from the financial system. Nearly 60% are women. Web3 technologies provide a powerful new set of tools for evolving the financial services landscape.
Startups are developing unique value propositions for emerging market users across a variety of sectors, leading to grassroots crypto adoption. Bitcoin solutions hold great promise for unlocking financial and economic inclusion in emerging markets, yet much of this potential has yet to be realized — especially for underbanked households.
Mercy Corps Crypto For Good Fund
Crypto For Good Fund IV by Mercy Corps Ventures seeks to drive global financial inclusion and climate resilience, proving the scalability of blockchain-enabled solutions in making a positive impact in emerging markets through:
- Broader access — how can we onboard more people to financial freedom?
- Programmable money — how can we create efficiencies by leveraging smart contracts?
- Locally-adapted solutions — how can we tailor web3 solutions to local contexts?
- Humanitarian aid delivery — how can we better serve the 299 million people in need of humanitarian aid?
- ReFi / Climate innovation — how can we promote and restore the environment alongside financial gains?
The Fund will provide an equity-free grant up to $100,000 to ten eligible startups operating in Africa, South and Southeast Asia, Latin America, the Caribbean, the Middle East, Pacific Islands, and Western Balkans .
Apply Now! Deadline is December 20, 2024
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No more blockchain ideas in Kenya, please. We banned WorldCoin once already. We do not need more.