Lack of access to basic financial services & wealth creation opportunities have created a global poverty trap. Additionally, The World Bank estimates that up to 60 million people will likely fall below the International Poverty Line of $1.90 per day in 2020, as a result to the pandemic.
1. Financial inclusion
- 1.7 Billion
Adults are still unbanked globally
- 1.1 Billion
of unbanked Adults have a Mobile Phone
2. The poverty trap
- $1 Trillion
of debt held by US Millennials
- 99% of global Wealth
Held by 1% of the population
3. Access to essential services
- $52.8 Billion
is spent every year on fees for cross-border remittance to developing nations
- 60 Million
people worldwide will fall into poverty and lack access to basic Healthcare & Education in 2020*
A digital, social commerce platform providing the tools for Value Creation, Realisation and Conservation at the fingertips, through mobile connectivity. This platform solves the 3-big pillars of “The Problem” accordingly.
1. Access to Global Economy
Mobile Money Commerce
Access to a ubiquitous mobile wallet for a secure store of value
2. Wealth creation & Preservation
Investment & Savings Backed by Gold
Access to tradeable, regulated asset (gold) backed securities via digital exchange
3. Dignity at the palm of all hands
Essential Services & Empowerment Tools
Access to affordable micro/nano healthcare, insurance and education services
A Digital Cocoon for the New Earth
UTribe.One, a digital ecosystem powered by individuals and communities exchanging values, goods, services and data through the power of collaboration for shared wealth creation, conservation and distribution.
We Democratize Access to Gold
GODL: digital gold certificate
100% Gold backed digital asset available from 5 cents
1 GODL digital asset = 0.001 gram of gold at LME price + 4%
GODL is a digitised store of value which can be cost-effectively, securely transferred in real time. GODL’s divisibility to 0.001 gram of gold (<5 cents ($0.05) equivalent)) enables gold to be bought digitally in small amounts at an accessible price point. GODL is not a cryptocurrency, but rather a digital gold certificate stored on the blockchain.
All gold purchased by the Company will be audited and stored and insured in private secured gold vaults initially Switzerland, Liechtenstein, Singapore and other safe locations around the world. Gold under our management will be insured by Lloyd’s of London (or equivalent) while and transported by BRINKS (or equivalent).