Every minute, 20 people are forced to abandon their homes because of violence or persecution. And if we put all 65.6 million of these people in one place, forming their own country, it would be larger than the United Kingdom. This is the refugee crisis—an immense and unimaginable suffering on a global scale.
We are building a blockchain technology platform for refugee-led projects. This platform is accessed through ExsulCoin, a cryptocurrency which allows the holder to nominate, vote for, and fund these projects. Users of the platform can also earn ExsulCoin by completing needed tasks, such as delivering drinking water or supplying a medical clinic. In this way we are developing an ecosystem that empowers refugees through financial inclusion, and massively scaling the efficacy of current relief efforts.
The ExsulChain platform is an online, on-chain decentralized marketplace designed to meet the unique needs of vulnerable populations, yet can accommodate the diverse and sometimes-unpredictable needs of refugees. Interested individuals begin by creating an ExsulCoin Wallet through an online sign-up form requiring only a name and basic contact information. The ExsulCoin Wallet is a secure digital wallet used primarily to store, send, and receive ExsulCoins (“XUL”), an Ethereum ERC-20 compliant token