“Climate change and growing social inequality are both tragic and exhilarating situations because they spur action.”
Bill Gates, founder of the Microsoft Corporation and billionaire philanthropist, is now devoting his life to climate change. In a recent interview, he sums up in one sentence what all the experts are saying: “If we don’t start funding innovation now, it will be impossible to meet our decarbonization goals before we run out of time.“
The Covid-19 crisis is not a parenthesis in our lives. It is only the first of many shocks that we will suffer because of climate change and the erosion of biodiversity. The current economic model increases inequalities, destroys the environment and accentuates social imbalances.
Today, our collective priority must be to protect humans and the planet. We must do everything to limit global warming to 1.5°C, safeguard biodiversity and organize societies intolerant of social inequalities.
The climatic, environmental and social emergency must be the basis for the reconstruction programs of our societies. We can no longer wait. We must accelerate investments and multiply positive impact actions at all levels, health, social and environmental.
To respond to the need to create many more positive impacts, we must solve the main problem related to incentives. Incentives are currently limited to the individual’s moral conscience, providing a lack of motivation for the population to generate positive impacts.
Today, technological advances promote a sedentary lifestyle in the comfort of one’s own home to the detriment of physical health, giving to charity is a simple transaction, and being environmentally conscious translates into sacrifice.
To meet the crying need for liquidity, we need to accelerate impact investments that will counter and slow negative changes and increase research to find sustainable solutions by motivating and rewarding positive impact creators.
Fintech Sport Group Inc. has developed a mobile application and digital ecosystem using blockchain, decentralized finance (DeFi) and cryptographic tokens to motivate and reward individuals and companies for funding and accelerating carbon credit and positive social impact projects.
Motivate people to move and create carbon credits and positive impacts by rewarding them with tokens on the blockchain and opening a new investment market on decentralized finance (DeFi) with Web 3.0 and non-fungible NFT technologies.
“To become the largest active community where every member is motivated and rewarded to accelerate the creation of positive impacts.”
Climate and social change are underway and accelerating. We must quickly turn the tide by motivating, encouraging and rewarding the creation of positive impacts.
The message needs to find receptive ears, and everyone needs to share it. Influential people must endorse and support the movement. Individuals and companies must invest time and money while being more engaged. We can’t wait for actions from government authorities, both local and international before we act.
Faced with social and environmental emergencies, current philanthropic models are no longer sufficient. Two problems have emerged in recent years: legitimacy and effectiveness. Today, it is too difficult to verify the use of donated funds and to measure their real impact on society.
POSITIVE IMPACT is defined as an activity that has a beneficial effect or consequence for society or the planet on at least one of the three pillars of sustainable development (Social, Economic and Environmental).
Carbon offsetting is one of the tools for reducing greenhouse gases and fighting global warming. Carbon offsetting consists of balancing or even neutralizing one’s CO2 emissions by financing CO2 offset or sequestration programs developing worldwide. Carbon offsetting is an institutional obligation under the Kyoto Protocol, but it can also be voluntary. It, therefore, concerns governments as well as companies and individuals. A carbon credit is the equivalent of one ton of CO2.
It is part of a convention to which States (signatories of the Kyoto Protocol) and companies are subject to when they have not managed to reduce the impact of their activities on the environment significantly. This system takes the form of a real market where Certified Emission Reduction units (CERs) or carbon credits are traded.
To accelerate the investments needed to create mandatory carbon credit projects that can be traded on the markets, the Make an Impact suite of tools offers a smart contract technology running on the blockchain that tokenizes the investments needed to complete the projects. For each investment in mandatory carbon credit projects initiated in the MKI impact crowdfunding platform, CO2 crypto tokens, each corresponding to the equivalent of one ton of CO2, are issued to the investor. The value of their initial investment is based on the current market carbon price per ton. Once the offset project is completed, the carbon credits produced can be resold at the new market price, and the money is distributed equally among the CO2 token holders.
The Impact Receipt Generator is at the heart of the ecosystem. It uses artificial intelligence and connected technologies to validate an individual’s or company’s voluntary carbon credits issued to offset their ecological footprint and the investments related to their positive impacts.
Once validated, the Impact Receipt Generator issues the creator a receipt and tokens registered on the blockchain that recognizes the positive impact value.
These issued tokens, the number of which is calculated according to the value of the impact, allow the creation of a new open and decentralized positive impact financing ecosystem operating with the NFT non-fungible token technology.
The decentralized NFT platform embedded in the ecosystem offers unique art, songs, books, videos or digital objects created by well-known artists, influencers or public figures who support and fund positive impact projects with their talents and fame.
By exchanging their tokens with the artist for an ownership stake in the NFT impact art, the token holder transfers the value of their positive impacts to the project and becomes a supporter of the cause.
As each token recognizes the investment value of a dollar associated with a positive impact, the total number of tokens exchanged to support the project will assign it an impact value and determine a price floor for its auction. If supporters transferred 50,000 tokens, the NFT impact piece will have directly contributed $50,000 of positive impact to the planet creating a great narrative for the project that will be recorded in the blockchain and available to the public for eternity.
This ecosystem’s exclusive funding method is called “Double Impact” and is a technological innovation like no other.
The Make an Impact ecosystem also offers a suite of technology tools that use distributed databases on blockchain to create reward smart contracts validated with APIs powering blockchain oracles. This technology allows individuals or companies to create positive impact challenges and reward the user.
The strength of the Make An Impact (MKI) ecosystem enables charities, individuals and communities to benefit from the digital economy and meet the needs of a growing number of investors looking for different ways to support causes with their digital assets.
JustMove offers its users a gamification platform including progression levels and badges to motivate users to move and be active in the community.
Somewhat akin to the “Play-to-Earn” revolution, which is the latest business model adopted by the gaming industry that allows players to earn items by playing games in the form of cryptographic tokens and non-fungible tokens (NFT), JustMove will offer a new “Donate-to-Earn” gamification concept with unique badge collections that leverage blockchain technology to recognize the creation of positive impacts by users and can then be redeemed with exclusive artworks.
The app will simplify impact investing by integrating the NFT platform right into the interface. It will become effortless for users to use their rewards to invest in NFT impact projects right from their mobile devices.
The corporate version of JustMove will allow employers to motivate their employees to get moving and offer them rewards when they complete the challenge. The employee will automatically receive the reward in their JustMove digital wallet. They can then deposit it on their virtual visa card, invest it in positive impact projects, or create virtual challenges to motivate their friends to move.
Users will also get their VISA debit card and receive cash rewards on every purchase they make online or in stores worldwide.
Our customer acquisition strategy includes the following elements:
Launch our referral commission program:
JustMove differentiates itself by its technological advances, its interactive marketing approach and its alignment with the current trends of its target clientele.
Here are a few things to consider:
The company’s governance policies are established by experienced entrepreneurs and a strong Board of Advisors.
To ensure and secure the growth of its ecosystem, the Group has put in place the following methods and procedures:
Every employee involved in the development of our ecosystem should be aware of the employee handbook. This handbook contains a general profil of the company and a statement on our management principles that guide the company. It also provides key information on working conditions and, finally, it contains some rules of conduct intended to ensure efficiency and harmony among all.
Click here to read the Employee Handbook
Fintech Sport Group Inc. requires its employees, consultants, partners and collaborators to uphold its code of conduct and informs them of the consequences of non-compliance.
The code is based on our values and determines how we intend to conduct business. It complements the Employee Handbook. The Code describes our position and expectations regarding the corporate and individual conduct expected of employees, managers, directors and others who represent Fintech Sport Group Inc.
It applies at all times, to members of the Board of Directors and all employees (regular, temporary, contract, full-time or part-time). Stakeholders: suppliers, partners and third parties (agents and consultants) are also expected to respect the code when dealing with Fintech Sport Group Inc.
Click here to view the Code of business conduct and ethics
If conditions are right, we would like to list the company on the TSX-V or the CSE in the near future.
The process will begin on February 15, 2022. Our company would:
Join us as an investor so we can accelerate our mission to creating an active community where every member is motivated to move for a healthy lifestyle, improve their financial health and create positive social impacts.
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