For a long time, we have relied on government funding to solve our social problems. However, it is evident that authorities are finding a hard time to cope with the rising social problem together with inadequate funding. That means we ought to seek for better alternatives to our traditional funding tactics. Blockchain technology is finding strategies to engage people on a community level into funding projects with a higher social impact and profits for the community.
What Is Envienta?
ENVIENTA is an open source platform that seeks to crowd fund and crowd invest everything for the average household. The blockchain venture plans to utilize open source technologies for large-scale operations, redistribution of resources and achieve environmental sustainability. That is line with their goal to make a sharing economy model with community-based solution packages. Ultimately, the use of self-funding will provide community members with the technical know-how, and resources to undertake self –sustainment programs and in return solve the challenges affecting them.
Envienta ENV Sustainable Lifestyle Cryptocurrency Token
The open source ecosystem will work with the ENVIENTA token (ENV) as the primary currency of the platform. Each member will require to contribute a minimum of 0.05 ETH as a fund to open source for the resources to be in use for the different projects. Moreover, apart from the standard ICO the platform will also provide purchase accounts which have voting rights for investors willing to participate in the decision making the process of the investments.
The token generation is expected to go into funding projects with a potential to bring radical changes for businesses. Some of these projects will include a smart home technology network for affordable housing, a robotics venture, or energy management and production units. Additionally, the platform plans to crowd source funding for experiments such as nanotechnology, home automation courses and a 3D printing and modeling firm. All of these self-sufficiency courses are as a result of the revenue model the projects hope will succeed and add value to the token. It is also important to note that the ENV tokens are backed by real products that include the project centers, online platform, hardware innovations, and services among other entities. Any profits from these products go into increasing the value of the tokens.
With the growing devolution from dependence on the central government, non-profits and other organizations are seeing it necessary to counter the social problem before they grow in magnitude. That is the concept behind ENVIENTA. Such an approach for a blockchain venture presents much potential in term of capacity to make an impact. Remember rather than just profits for services, ENVIENTA aims to introduce projects that will help communities in the long run. Such catalysts of change will make the platform not only famous but also a force to reckon with in the future. In the end, ENVIENTA has the potential to become a venture with great financial potential either economically, environmentally or socially.
With the transparency of the blockchain, a self-funding program is becoming relied on more. And with our current crowdfunding websites needing a fix, a platform such as ENVIENTA could not have come at a better time. The less bureaucracy, reduced transaction fees and security of the funds will give blockchain ventures such as ENVIENTA a significant boost to make the impossible, possible.