ImpactMarket team has worked for more than 10 years on charitable giving, realizing that there were several issues like lack of transparency and efficiency, mainly when trying to support vulnerable communities in developing countries. Besides that, most of the people that need support are unbanked and live in countries where there are a lot of blockers such as governments blocking transfers, banks charging very high fees, and hyperinflation.
With all these blockers in mind, the impact market was built to enable anyone in the world to access finance and be able to get a basic income in US dollars, regardless of where they live. Being able to save in Dollars is another plus for the beneficiaries who live in countries where there is constant economic instability and currency devaluation.
Donors just need to send cUSD (Celo Dollar) to the UBI community contracts they want to support, in a transparent way without intermediaries.
The beneficiary is able to claim weekly or daily a Universal basic income which is also received in CUSD. ImpactMarket has many communities in Africa spread over Nigeria, Togo, Mali, Uganda, Ghana and more. The beneficiaries in these countries have a tough time working with the banks(if any) or crypto exchanges to exchange the donation received for the local Fiat they need for their livelihood.


Here comes Swap Bitssa!
Swap Bitssa is the world’s leading global non-custodial crypto to fiat swap platform using an off-ramp crypto channel. (Awarded the Fastest Growing DAPP on Valora) . Swap Bitssa is a mobile based, reliable and convenient platform to swap your stable coins for local Fiat in your bank account or even to exchange into gift cards, airtime minutes, and even pay bills.
There are more people who own a smartphone than those who own a laptop in most of the underdeveloped and developing nations. SwapBitssa is designed to be mobile based, fast and easy to use to further enable more financial inclusivity and access for all. So far we have had over 3000 impact market beneficiaries swap their stable coins to fiat in different African communities, even in communities with very low internet bandwidth; countries like Togo, Mali, Senegal, and Nigeria to mention a few.
ImpactMarket UBI supports beneficiaries to develop a skill, increasing opportunities to get a job or create their own business. Some heart warming stories are linked below
https://twitter.com/MaseseWomen/status/1531680371548594177?s=20&t=f37OGDFkyEuFHKs3TGwcUQ
https://twitter.com/impactMarket_/status/1528714864167747585?s=20&t=f37OGDFkyEuFHKs3TGwcUQ
https://twitter.com/ttasha917/status/1530774740771667968?s=20&t=f37OGDFkyEuFHKs3TGwcUQ
ImpactMarket aims to become one of the main contributors to eradicating extreme poverty by 2030 while driving Defi adoption to those who need it the most and SwapBitssa has been making the achievement of this goal as seamless and effective as possible.