Akashic contributes to financial inclusion by allowing refugees to monetize their digital content through global micro-donations. Additionally, the RefugeeNet, the umbrella project developing Akashic, serves educational purposes by providing blockchain-based learning modules that help refugees understand and utilize crypto to earn a basic income via micro-work, learn-to-earn, and the creation of media. Meanwhile, the global community becomes educated about the plight of refugees, and how crypto can tackle some of the largest challenges that this community faces.
Our wider solution encompasses the provision of access to blockchain-based financial services, various opportunities to earn a basic income, and educational programs on crypto usage, aiming to support the refugees globally, in partnership with Refunite (https://refunite.org/). With strategic partnerships and blockchain infrastructure, we plan to reach hundreds of thousands of refugees, providing them with tools for better financial resilience and autonomy.
Through the RefugeeNet, each $1 contributed to refugees has the potential to result in $5-$10 in cash distributions to the wallets of refugees through learn-to-earn campaigns and retroactive public goods funding programs rewarding early users. Add a 10x-20x economic multiplier in terms of local circulation volume per dollar (velocity of money) in local communities - this means that each $1 donation has the potential to cause a 50x-200x multiplier effect in refugee economies.
