Hello, everyone. Thank you for joining for this video space. We're gonna wait a little bit for more folks to join. So stay tuned. Thanks.
Hello everyone, thank you for the wait. We're gonna start with this with this Twitter space. So this is about partnership between WebTru projects and universities and we in-wean approach. First of all,
I will start by hearing and listening some introductions from the people that it's going to be talking today. So we're going to have Jessica, D.C. Janmin. We're going to be talking about
this approach partnership between Webtooth Projects and Universities. So to start, Jessica, what would you like to tell us about you? What would you do at Impact Market? And yeah, any introduction.
Hi everyone, thank you Nester. So yeah, I'm Jessica, so leading the operation at impact markets for this one, not familiar with impact market. This is a human empowerment protocol that work on cello blockchain.
obviously. So completely what we do is we're providing financial services to and self population all over the world, we first started with unconditional basic income from which we reach around
30,000 are interviewed or located in 33 countries and we moved on into adding more financial services such as learning and more recently micro credits, particularly in Brazil and Uganda.
Awesome. Thank you, Jessica. DC. Could you tell us one intro about you, please?
Hi everyone, I'm TC and I managed university partnerships at Sello, one of which was with Paris D'Ouffin University. So we explored quite a lot of options with them ranging from student activities such as hacker
or speaking and also we discussed a range of courses of how Sello could collaborate with the lecturers. We had things like delivering a project within a lecture but in the end we were able to deliver
a full course for their master's degree in digital economics. Awesome. Thank you so much. Also we have Jan NÃn. Right now he's not speaker. We will add it at him later. So just
continue I would love for TC to explain us more about what this program is pretty much an overview the topics to be covered on this program and more importantly what is the purpose for what do we want to achieve and what
success means for this program for you. DC. Yep, thank you, Nancy. So the goal of the solidity and smart contract development course was not only to teach them solidity programs,
and bring more depth into the Web 3 space. But as the final course of their Master's degree, it was really to provide them with immersive experience and also the pathway into the industry as they graduate.
So in the course, it started off with fundamentals in solidity, just in terms of data structures and key libraries, but then we executed with multiple use cases in the way of three. So things like
like D5 followed by NFTs, then Re5, which just can't speak more about, Dows and Lossely, Layer 2 scaling. So for the immersive experience, the course was held in Gather Town, all
discussions was through discord. All of their work is on GitHub and you can see all the final projects that were deployed on Alpha Hoys. So there was three very good projects. The one was decentralized rental markets where you bring
renters, landlords and guarantors together in a trustless way. Another one was dealing with NFT markets that was specialized in the secondary trading markets of NFTs and the last one was a crowdfunding de-app using
So that team really bootstrapped their app so they worked smart and not hard. So yeah, that is all on GitHub to see. So I think now I can hand over for Jessica to talk a little bit more about the real
Thank you T.C. I love how you frame it. All the topics to be covered during this program and I'm very excited about the topic that you mentioned and also I'm going to relate it to the
article in the market release on medium, RIFI goes to the universities and on that I would love to do a framework between you know all what we want to achieve and then from a RIFI lens in which last week I released one article
where I propose one concept and mental framework and how we can see re-fi as a cultural movement that pursues the creation of a healthy, holistic, regenerative ecosystem. I love that we have here in the market and they can explain much better
How they do this regenerative approach within the same communities that they impact so for that Jessica, please tell us more about Impact market and this regenerative approach you guys have Yeah, thanks Nesta
Yeah, that's a very good question. So yeah, really impact markets, you know, as I mentioned, we started with UBI and we could think, you know, impact market is solely, you know, taking the nation and distributing to the people, but it's much more than that it always goes back and I
The idea is really to provide cash assistance to people in condition of vulnerability so they are able to alleviate themselves from poverty. And so when we have individuals that are able to alleviate themselves from poverty, this is the entire community that benefits from it to see some employment that creates
you see kids that are now going to school. And so we added to this component the learning and so providing more education so people have access to more financial services so they are able to make better decisions on you know the spending being or to save or to you know better than
manage their money. And after that, as I mentioned, we introduced the micro credits, so which enable people to start building small businesses within their community and obviously increasing the amount of revenue that they are making, which then
Ultimately, we've been given back to the community. So we see this regenerative, you know, this type of loop where we have given and to an individual, but then it grows at the community level and the community. This person will give back to the community. So this is, you know, just something that will turn around, I would say.
Awesome, thank you Jessica. Yeah, we have shouted about you know this this Bridge Generative loop and I love how you frame it in the in from the lens of imp market so Thank you then we have also
who is going to share his thought from the student perspective about the program, but in the meantime. Thank you, but in the meantime, I think that Jan Min is not
is not yet able to speak. So in the meantime, maybe DC will like to share more from the student perspective, how this was achieved. Yeah, any thousand that DC?
Yeah, so this was a very special lecture. So I, one of the goals of the course was to explore how partnerships can benefit not only the university and the chain itself, but also extend to ecosystem partners.
So with the partnership with Impact Market, we tried to give them a homework where they needed to increase the utility of the pact and token. The two most promising proposals
were Yeming's proposal and also another student called Sejit. But in essence, Sejit's Yeming's not here, he's proposed dealt with model to detect fraud within the donation space and that was quite interesting.
interesting. And what these two students received in return was not only a monetary reward, but also a chance to present it in different Web 3 communities to increase their, let's say, professional
foundation to enter the web space. So it was a very interesting collaboration to explore. But I want to give too much away. So I'll hand it over to them then. Yeah, Janine, please continue the elaboration on your project.
Okay, so my name is Yang Mingjong and at first I would like to apologize because currently I'm at the airport so if there is any noises or some buzzling in the connection please tell me immediately okay and it is my great
It is the pleasure to be invited into this space. I would also like to express that because I just previously was a student back in China. In which area the Web 3 is not so
popular and I really want to thank my teacher, Professor Dong and the school who gave me the chance to embrace this new area of the web development. So this is my
introduction. Yes, thank you. All right, thank you, Janine. Then I think that we have covered a little bit of framework about Wi-Fi, a little bit of framework about this program that is going to go to the universities. Janine, you can
your mic. We have chat about that, we have chat about how impact market do the work that they do, how they look their greener to approach. So I think that the next will be to open
for Q&A. Do the attendance have any question regarding the program, any upcoming ideas? And if not, I would love for the host to know
What is next now? How is the program going to be executed and how can more people know more about the program and where can they wish to do guys? Folks. TC, maybe, and then Jessica.
So before we discuss what's next, I don't know if Yemi wants to speak a little bit more about the model that he presented because it's quite an interesting like fraud prevention model for donations.
Okay, so actually what am I proposal proposed is like a model to improve the utility of fund raised from the donors and the public by preventing potential corruptions of the community managers here.
have introduced the formula proposed by Robert Kliitkart to illustrate how to solve the problem of corruption by reducing discretion as well as monopolization of power and elevating accusation afterwards. So in the first stage he
The Robert Cligard in 1988 as a sociologist proposed the famous formula to describe the factors of corruption, which is like C, equals to D plus M minus A, where
C stands for corruption, D represents for discretion, and I'm is for monopolization of power, and A is for accusation afterwards. And so actually if we would like to reduce the corruption, we need to limit the
parameters of d and m and the elevate the factor of a which is the accusation of the word. So first because according to the present, present documentation of impact market, the community managers can submit the community for approval and manage all
the community's beneficiaries on their discreetions. However, this power could be abused, which may result in an issue that a manager may drag in a beneficiary to get more funds from the DAO and then remove him or her right after getting access to the funds.
This can be achieved by setting up a lockdown mechanism that we regulate a period, for example, a week. Before the end of which, the managers cannot remove any bandwidth series. Plus, we need to also limit the number of bandwidth series
that one manager is allowed to add in a certain frame of time, for example 24 hours. And also we need to reduce the M, which is the monopolizing of the power, different from the traditional banks or other financial institutions.
The market does not conduct the key waste TIC, the know-your-climes, which may compromise the system to smurf accounts. In the current version of the protocol, the managers can be selected by other managers, which could lead to monopolization.
of power. For example, a manager could create eight ManiSmurfs accounts and select them as new managers. As a result, a single person could control Mani Communities, which with a bunch of fraudulent identities, to solve this problem, I believe that we can set up
as contribution indicators of these managers, based on behavioral logics, well, given that the project aims to help with people in extreme poverty, we can try to identify some unique characteristics of the target group. For example,
people in extreme poverty, given by IMF, like 1.9 US dollar per day, are not likely to deposit their funds into banks. Instead, they will spend the money on foods and other living necessities so that we can make food advantage
of blockchain, tracking on the final destination to reach the CUSD flows to for instance if we allocate like 1000 CUSD to one of the managers we can investigate how much flow to the like the author
the racial as the matrix. In this case, if for example, like if 900 CUSD finally flows to the asarized merchants, we can see that the ratio is 0.9 or we can see that 90% of the funds to dismantle
nature is used to improve the living quality of poverty. Maybe the rest of 10% are transferred to other places which is not likely the behavior of the privileged people. If a manager's metric is below that a certain level, let's say like
90% then he or she will be disqualified to be a manager. Of course if a manager maintains his or her score above a certain level like 95% for a period line up like 6 months then he or she
will be rewarded by a amount of packet token and has a low-lauder voice in the governance. So that is my proposal for solving the corruption and thank you very much.
Thank you so much, Jenmin. Very well explained. It was very clear.
Awesome. So thank you for sharing your project. You're pretty proposal. So what what if now we move to the Q&A? I would love to know for all the people that are attending this Twitter space if they want to know more, you know,
So if they have some questions for the people attending the Twitter space, for Jessica, for Janine, for QC about the program, please feel free to raise your hand and we're going to add you to ask some questions.
If not, I would love to know more to ask you Jessica T.C. and Janine how can folks can know more about the program.
and how can reach you folks, either on social media or a website, how can they know more about the program? Let's start with DC, then Jessica and then Janlin.
I think to know more the best is the GitHub link that was shared. This will be a course that is repeated annually. As mentioned before, we are trying to use this course as a way
to see how it can benefit the ecosystem as well. There are huge untapped potential amongst the students and that goes beyond just hackathons and the next, I guess, small contract they come up with.
It's also, can we partner with them in terms of discovering something new, doing some thesis research? Can we expand this into a data center if there are any validators here? So really, we are looking to improve the course year after year.
Awesome. Jessica and also we can mention any final thoughts to go in and go
in order to close this space. Yes, again? Yes. So as Tc mentioned, definitely I think the best place to GitHub and in regard to this specific partnership to find more about impact market best would be on Twitter at impact market or
the website, but just want to say definitely for us is always such a great experience to partner with university. So we've been partnering with Dolfin and other students such as Utrecht and Berkeley in different capacity. This you mentioned, I think there is a lot
of potential that is absolutely untapped within university in so many different areas. We worked with university in terms of research more related to impact measurement, working directly with students and university are really, really,
huge capacity in terms of brain and fresh, fresh ideas. So could be also for talent acquisition. We worked with university to, you know, get some interns or people that want to volunteer because they want to have their first end experience into Web3, but do not know
really ought to get into it and for us is a very good way to get a fresh idea and you know a proposal like Yan Ming did right this is topic that are very important to impact market and it's an ability to to come up with additional solution but it's also
a great way I think when it comes to impact markets to educate and raise awareness among individuals on the possibility that WebSphere has to offer. Often people are a bit scared, they think it seems a bit more technical but with impact markets you know you have a social
impact projects on WebSuite. It's very interesting for them to learn more. So it's also a great way to get more people into defy, I guess. So yeah, that would be my world on this. Thank you, Yosika. Janine.
What about you? Any message for the people attending on how they can contact you? Well, we already share this GitHub repo to know more about it. But yeah, how can people reach you and know more about what you're doing?
So actually I think one of the best approach is just like a professor don't mention it's about the GitHub of our courses because Actually, I think we are the first year like the first thing we are on the first a year trial of this course. So maybe the
some exploratory or some innovative solutions backed by my classmates as well as my peers. And I think like for the second source is about the impact market, the block of the impact market, which is
under the sector of governance because I think the biggest difference between Web3 and the other forms of internet development is that it encourages everyone to participate in the
governance model. So actually I believe that for the block or every console or even for the governance meeting will be a major source for us to learn about the protocol as well as the models behind that. Yes I think
That's it. Thank you. Thank you, Janmin. Yeah, I really like that approach on incentivizing models and how can we create, co-create these models and we can evolve them in time. So thank you so much.
any final thought DC you have in order to close the space? I think one final thought would be let's keep moving forward if you know any universities not just
France but all across the world. Let us know. We're looking always for different ways of partnerships. Awesome. Well, if you're here from a university, you know where to reach. I'm excited to know more about
about the upcoming months and what can developers and what can students will build on these programs and these ideas and from that REFI or Regenerative approach. So very excited for that. Thank you so much for all the people that joined today.
and yeah, thank you. I appreciate that. Let's keep working on the RIFI ecosystem. Thank you so much. Thank you Jessica. Thank you T.C. Thank you, Chandlin. Have a great day. Thanks everyone.