Empowering African youth: Blockchain for Dreams.

by RightfulShare An Income Movement
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.
Empowering African youth: Blockchain for Dreams.

Summary

RightfulShare is creating a more accessible and fair economy using blockchain technology and tokenomics. Starting with a small rural town in South Africa, where almost 70% of the youth are unemployed, we provide a crypto-based basic income and tailored support to on-board marginalised young people into the digital world and kickstart their businesses. Project beneficiaries also gain exposure to blockchain, crypto and new income-generating opportunities.

$9,600
total goal
$9,228
remaining
7
donors
0
monthly donors
4
months

Challenge

We address South Africa's dual crisis of work and welfare, tackling escalating income inequality. Despite increased productivity, global wage spending has dropped, leaving a third of employed South Africans unable to meet basic needs. Unemployment affects almost 70% of young people, with no social security benefits. We disrupt this cycle, introducing innovative solutions like crypto basic income and tailored support to empower young people through blockchain, creating new income opportunities.

Solution

South Africa's income inequality stems from unemployment and wide wage gaps. Our approach involves deploying crypto basic income, and supporting marginalized youth to harness blockchain technology for self-sufficiency. They receive a digital UBI via digital wallets and exposure to various dApps, offering services and income opportunities. Training and mentoring are available to all. Recipients can exchange the UBI for FIAT or contribute to building a complementary economy by keeping the token.

Long-Term Impact

Long-term outcomes include entrepreneurs' familiarity with entrepreneur and business skills as well as Web3 material. RightfulShare envisions beneficiaries utilizing their basic income as 'start-up' capital and diversifying their income streams. The ultimate social impact aligns with SDG 10, reducing inequalities. Young people leverage their digital basic income and newfound skills to break the cycle of exclusion and poverty, creating opportunities that disrupt inequality within the country.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

Organization Information

RightfulShare An Income Movement

Location: Cape Town, Western Cape - South Africa
Website:
Facebook: Facebook Page
Twitter: @RFS_movement
Project Leader:
Karen Jooste
Groblershoop , Northern Cape South Africa
$372 raised of $9,600 goal
 
7 donations
$9,228 to go
Donate Now
$20
USD
Provides a digital Basic Income Grant for one week to a young entrepreneur to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$40
USD
Provides a digital Basic Income Grant for two weeks to a young entrepreneur to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$80
USD
Provides a digital Basic Income Grant for one month to a young entrepreneur to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$240
USD
Provides a digital Basic Income for three months to a young entrepreneur to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$480
USD
Provides a digital Basic Income for six months to a young entrepreneur to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$960
USD
Provides a digital Basic Income Grant for one year to a young entrepreneur to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$4,800
USD
Provides a digital Basic Income for one year to five young entrepreneurs to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
$9,600
USD
Provides a digital Basic Income for one year to ten young entrepreneurs to kickstart their dream venture, escaping poverty and reducing income inequality in South Africa the most unequal country.
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