Ben Basche
@basche42
I’m transfixed with the idea of bringing African social savings group models onchain and scaling them to the developed world Social savings groups (chamas In Kenya, stokvels here in ZA, many other names) https://www.google.com/url?q=https://nasasa.co.za/about-stokvels/&sa=U&ved=2ahUKEwiWyI_j-ZWIAxXlWkEAHWOdGagQFnoECBUQAQ&usg=AOvVaw1aW5Sr6Xz-EUeXKbZOQ9rP
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Ben Basche
@basche42
IMO crypto rails, stables, multi sigs and defi all can converge to bring a new type of multiplayer commerce to everyday life Group savings and bulk purchase discounts, solidarity based loans, pooling, for yield, social insurance, local barter currency We are barely scratching surface still
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nicholas 🧨
@nicholas
Why would people keep contributing after they've 'won'
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Rati Seshadri
@samihakibe
Innovative concept combining traditional savings groups with blockchain technology for global impact
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Gwynne Michele
@thecurioushermit
DAOs would work *really* well for those.
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Nelson
@nelsonmckey
100% I developed a web2 insurance/savings product in the Philippines around a similar concept of Barkada. In most parts of the world, money is inherently social, with complex layers of family and friends as savings structures. These models just codify it (through social responsibility). The other fascinating one is the simplification of consumer credit down into "four in six" mechanisms as a simple heuristic for "buy now pay later".
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