ExsulCoin uses blockchain technology to help refugees.
Pre-ICO Price: 1 ETH = 2000 XUL
Ico Price: 1 ETH = 1000 XUL
ICO begins in:
Full ICO details in Whitepaper.
ExsulCoin is an ERC-20 token—much like OmiseGO, Civic, and Amber—that drives the ExsulChain platform. People who own ExsulCoin can use their tokens to help build refugee-led projects. In addition, refugees can use ExsulCoins to pay for tutoring, mentorship, or nanowork tasks.
Refugees often find themselves in strange, uncomfortable situations that could be relieved with a tiny bit of help. For instance, a newly resettled refugee in the United States might not be able to understand how to test and apply for a drivers license. In this instance, just a half-hour of help can lead to tremendous benefits, since having a drivers license means being able to access more services and job opportunities.
Existing online solutions are inadequate since they’re not available everywhere and often involve broken communities and scammers. The ExsulChain platform links user reputation to identity, meaning you’re only as trustworthy as your user rating, which is completely open on the public blockchain. Being on the blockchain also means you can’t delete bad ratings—which encourages better user behavior, and a better community overall.
When we built the ExsulChain reputation system, we immediately knew we could use it to help solve these “nano” challenges faced by refugees. That’s when we created nanowork—tiny, one-off tasks that you can be paid for, either in-person or remotely. And you don’t have to worry about problems with Paypal or having enough cash—everything is processed using ExsulCoin tokens on the Ethereum blockchain.
Refugees live in a grey-area in society, where sex trafficking, extortion, and slavery are commonplace. Being able to track transactions within the community allows us to flag problems and alert relevant authorities, while keeping us accountable to the public.
Additionally, the immense public hatred for refugees means we needed a way for participants to have skin-in-the-game when interacting with refugees. (So if someone’s going to troll people on our platform, they’ll need to pay the victims for that.)
Lastly, refugees are generally don’t have credit cards and don’t trust financial institutions. Having a blockchain-based token from a community they’re a part of solves this issue.
Our ticker is XUL, and, for security, our Ethereum wallet address can be found through https://exsulcoin.com/signup
Firstly, sign up for an ExsulCoin wallet: exsulcoin.com/signup. Then, send your ETH to our address. The calculation and delivery of XUL tokens are handled by our smart contract.
The ExsulCoin ICO marks the launch of the XUL cryptocurrency which drives the ExsulChain blockchain platform for refugees. It is the world's largest ICO to date.
Every refugee has a story. ExsulBeads was created to help them tell it. We partner with refugees to make sustainable products that represent who they are and where they are from, and then we help them distribute it through social media and other channels.
Saleh Ahmed is 60 and has just arrived at the Kutapalong Refugee Camp after fleeing violence in western Burma. It is rainy season and he needs a tarp to stay dry at night, and some food, as refugee overflow has stretched supplies thin.