CrowdForce uses mobile technology and a network of field agents to help businesses, banks, Digital wallets, and exchange companies scale to the next billion underserved population in emerging markets. Backed by top silicon valley VCs including 500 startups and DraperDarkflow, we are developing a decentralized network of agent micro businesses to provide crypto and digital services to the mass market and drive mass adoption of blockchain and cryptocurrencies in emerging markets.

What is CrowdForce?

94% of all transactions in most emerging markets are done using physical cash. As a result, the bulk of the economic activities that go on in these regions occurs at the subsistence level and are done primarily offline through traditional outlets. This creates huge problems for companies trying to determine consumer behavior as a barometer to understand the dynamics of the market. It is of utmost importance to develop adequate strategies that can ignite growth in the emerging markets before they fall too far behind in the global economic narrative.

Underserved populations want affordable access to quality products and financial services. Companies, NGOs, startups, governments, and blockchain companies are constantly looking for ways to effectively serve these markets.

CrowdForce uses mobile technology and the largest merchant agent network to help businesses, banks, digital wallets, and exchange companies access the underserved population in emerging markets.

The aim of this white paper is to demonstrate the merits of the CrowdForce approach which creates a suitable framework that enables these companies to scale to emerging markets. This approach will also bring about a 100% increase in financial inclusion in the world in the next 5 years. By leveraging the enhanced transactional ecosystem and reduced cost-burden associated with blockchain implementation, CrowdForce seeks to provide a robust blockchain infrastructure for Market Research, Financial Inclusion, and Digital Inclusion.

Why Choose CrowdForce?

This feature in the CrowdForce project is to be considered purely accessory and won’t affect the utility of the CRF Token.

ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION

Decentralized Payment Processing

Reducing Cost of Transaction

Creating an Immutable System of Record

Enhanced Security

EMERGING MARKETS

In emerging markets, 90% of economic activity occurs in traditional outlets. This transaction volume is worth more than $ 1 Trillion. There is a lack of trust inherent in banks and the use of bank cards in many emerging markets, which is one of the main reasons why the economy is cash-based and people prefer to do their transactions at local traders or agents in their area… 40% of the population in most markets in developing countries do not have bank cards and are underbanked or unbanked

ECONOMY AND POPULATION

Mckinsey Global Institute reported that digital finance has the potential to provide access to the financial transaction for about 1.6 billion people in emerging economies, and about 2.5 billion of the global population is underbanked and unbanked. These number points to the fact that there is high revenue potential in providing high volume low-cost transactions in these markets in the form of simple micro tasks and services that can be executed by local merchants in a scalable way. Such services need to be Mobile First and also take advantage of USSD as back up when the internet is not available. MARKET RESEARCH INDUSTRY Over 60 billion dollars is spent on consumer market research in emerging markets. Below is the breakdown by various industries (CPG, Financial Services, NGOs, Investors, and Governments). Financial services 22 billion dollars Consumer Packaged Goods (aka Fast Moving Consumer Goods) 1.02 billion dollars Non-Governmental Organisations (NGOs): 540 Million dollars Government and Investors: 60 billion dollars.

Token infomation

Token CRF

Price 1 CRF = 0.03 USD

Bonus Available

Bounty Available

MVP/Prototype Available

Platform Ethereum

Accepting ETH, BTC, LTC, XRP

Minimum investment 100 USD

Soft cap 15,000,000 USD

Hard cap 15,000,000 USD

Country Seychelles

Whitelist/KYC None

Restricted areas USA, Somalia, China

Media links

Twitter: https://twitter.com/mycrowdforce

Facebook: https://www.facebook.com/pigzbe

Telegram: https://t.me/joinchat/JnVqqg7amcIpnWFwRydDXw

Website: https://token.crowdforce.io

Whitepaper: https://token.crowdforce.io/whitepaper.pdf