Empower sustainable and equitable web3 economy with the first ReFi blockchain ecosystem for the Middle East and Africa.
Current Status
The mainnet is going live Q1 2024.
We are launching a blockchain ecosystem that powers asset-backed cryptocurrency, designed to be easy to use, accessible, and affordable.
The GGEZ1 Platform consists of 3 layers:
1. Interconnected decentralized blockchain.
2. Asset-backed Cryptocurrency.
3. Real-world Assets Tokenization Launchpad.
Problem or Opportunity
The financial ecosystem in the region (Middle East and Africa) is slow, expensive, and inefficient, with low financial inclusion, high-interest rates, high transaction costs; and chronic inflation and currency devaluation.
Solution (product or service)
Web3 and cryptocurrency have the potential to solve financial ecosystem challenges and increase financial inclusion by creating an alternative financial infrastructure that is global, open source, and accessible to all who have access to the internet. It can provide easy access to affordable financial services to many people in the region who remain under-banked.
Business model
Revenue streams are:
1. Transaction Fees: Earned from users for various transactions on the blockchain such as transfers and payments.
2. Earnings & Interest on the Asset Collateral.
3. Tokenization fees of real-world assets.
