Trusted Lending Circles Now on Mobile

One of the issues faced by the financially underserved is access to desktop computers. Accessibility for all communities is a major priority here at WeTrust, and we’re excited to let you know that Trusted Lending Circles now functions on mobile!

Simply go to tlc.wetrust.io to log in from Trust Wallet or Cipher Browser, the two blockchain-enabled browsers we currently support. If you try to log in from another mobile browser, like Chrome or Safari, the app will recommend a blockchain-enabled browser for you.

As always, we welcome your feedback about new features. Let us know how the new mobile accessibility works for you!

Branding and Website Updates Underway

The project to overhaul our website and update our collateral to reflect our various product efforts, is well underway, and will take several more months to complete.

Our goals for the new website are:

To highlight our mission to build decentralized products that advance financial inclusion and make a social impact. Show how the various product initiatives work together to support this mission.

The new website will showcase a complete vision of the WeTrust ecosystem, and demonstrate how our products can directly and indirectly impact financial inclusion, either through consumer or developer-facing products.

Our ASCA-Inspired Product for Fundraising

ASCAs, or Accumulated Savings and Credit Associations, are another form of financial collaboration commonly utilized by underbanked communities. The new product we’ve been working on leverages ASCA savings mechanics to help organizations (specifically Non-profits) raise funds from the crypto community, and to help crypto holders contribute to causes they’re passionate about.

With that in mind, we asked the crypto community to fill out a short survey designed to provide us insight into the charitable giving habits.

Charitable Giving Survey

Our goal with this survey was to find out if there is a gap in the market where crypto holders want to support causes, and whether or not there was a lack of opportunities to easily contribute.

The survey asked questions such as:

What causes are you interested in supporting?

How much have you contributed to charitable causes in the past year?

Are you interested in making charitable contributions in cryptocurrency?

Have you donatedcrypto in the past year?

Survey results from our community

We found the results of this survey very telling. The majority of respondents told us that they’ve contributed more than $100 to charity in the last year. Some said they contributed over $1,000, with a small percentage contributing $5,000 or more.

We also learned that 75% of people are interested in making contributions in cryptocurrency, and yet, only 22% have actually done so in the last year, showing an unmet demand.

This tells us there are many crypto holders who want to support causes, but there is currently a lack of opportunity to facilitate this kind of behavior. We are working to help address this need, and will keep you updated on this initiative.