Project Name: FUSD/BRL pair on Lovecrypto APP
Grant Amount: 100,000 FUSE so we can start our own validator and $6k FUSD for scholarships
Short Project Description: Lovecrypto App will incorporate the FUSD/BRL pair to make the stablecoin available to the 210 million Brazilians.
Detailed Description of Project:
Lovecrypto App is an app for Android and IOS especially designed for recipients of basic income projects to do the (Cash In Cash Out) CICO to the Brazilian Real. We have 5200 users and have been growing 20% MoM. Right now, we have the cUSD/BRL pair, soon we will incorporate the G$(Good Dollar)/BRL pair, and through this project we plan to incorporate the FUSD/BRL pair and make it available to all Brazilians which use the PIX instant payment system.
To celebrate the launch of the new FUSD/BRL pair, we propose the distribution of 5 scholarships for education in the value of $1200 FUSD each, which will be distributed over the course of 6 months. That way, an individual that is poor can commit full time to a training program, like learning to code or learning data science. The grant/scholarship recipients have to write a “Twitter diary” with their progress with weekly updates and the handles @fuse_network and #FUSE , therefore, increasing the hype around FUSE and its impact in the developing world.
What are the key features and innovations that your project entails?
- We use the PIX instant payment system, which is widely adopted in Brazil, works 24/7 and has very low transaction costs. 2) We provide one of the fastest CICO in the market in Brazil and withdrawals are in the users´ account in less than five minutes. 3) The idea to distribute 5 scholarships for education will greatly increase the social impact of the Fuse Ecosystem and will attract users and traders which care about impact.
How does your project foster growth and development for the Fuse ecosystem?
We are bringing a new On/Off ramp to FUSE ecosystem so that the 210 million Brazilians can buy FUSD to join the Fuse ecosystem and protect their value from inflation. Also, our idea to the 5 scholarships will create an organic buzz in the handles @fuse_network and in the hashtag #FUSE on Twitter, and it will attract to FUSE the users who care about social impact.
Team Members & Roles
Our team is made of individuals who are talented, motivated and passionate about Blockchain technology. 3 of us have complete MsC degrees in Computer Science or Business, 3 of us are completing a Bachelor degree in Computer Science. All of us are from Cin/UFPE, one of the best computer science programs in Latin America. We have complementary skills and we have been battle tested as a team in 2+ years working together. We successfully created the Lovecrypto App and it is now the cheapest and fastest way to exchange cUSD to BRL in Brazil.
These are our LinkedIn profiles:
Edmilson Rodrigues (CEO) - LinkedIN: https://www.linkedin.com/in/edmilsonrodrigues/ ;
AIlson da Cruz (CTO) - LinkedIN: https://www.linkedin.com/in/ailson-da-cruz-17b83b92/ ;
Lucas Zacarias (CPO) - LinkedIN: https://www.linkedin.com/in/lucaszsd/ ;
Juliandson Ferreira (Blockchain Expert) - LinkedIn: https://www.linkedin.com/in/juliandson-ferreira-4218b8b4/ ;
Chris Berenger (Marketing Leader) - LinkedIn: https://www.linkedin.com/in/chris-berenguer/ ;
Jose Joffre (Front end developer) - LinkedIn: https://www.linkedin.com/in/josejoffre/
Website - www.lovecrypto.net
Contact Email Address - firstname.lastname@example.org