Lolly for Polly - it’s a place where crypto farmers meet farmers with real-world assets (agricultural).
Smart contract deployed on the testnet:
A. Enormous interest rate for loan. For example, for many Indian farmers, the only source of loans are local moneylenders, who charged anywhere from 36 to 60 percent as interest. Therefore, many Indians farmers will stay indebted forever.
B. Lack of government support for farmers. For example, in Ukraine 60% of agricultural products are made by middle-sized agricultural business, but for them government can give max $3.8mln in total, compare with US where farmers can get up to $1 billion loans from government.
We’ve built a platform (mobile up), where real world farmers can monetise their social network (socialFi) or tokenise their real words assets (RWA) such as lands, tractors and receive a loan.
- Real-world farmer can sync up contacts from their social network and ask for a loan.
- Real-world farmer can tokenise their real words assets (RWA) such as lands, tractors and receive a loan.
- Crypto farmer can give a loan to their friends from social network and earn interest.
- Clone this repository locally.
- Install pre-requisites:
- Open the project and start debugging / developing on:
TBD
This project makes use of Solidity and React to build Exzo smart contracts. The following tools are in use:
- Truffle, Ganache, Node.js
- React and related dependencies including Tailwind CSS, daisyUI, npm
You can take this project and customize it to build your own decentralized applications on Exzo Network.