published: 2021-05-10
The intense 6 weeks program means to onboard startups to use the Celo blockchain to build a great financial ecosystem especially for the under-banked. DigiOptions is enthusiastic about the Celo approach and goals: We aim to provide derivatives markets for everyone.
Today, derivatives markets are not accessible to the under-banked. Therefore, they are missing the opportunity to hedge against external catastrophes like storm, rain, dryness, or political instability. This is especially relevant for African countries. DigiOptions provides such markets for everyone owning a crypto wallet. Plus, our market maker provides liquidity and ensures everyone can always trade.
We use open source technology and blockchain to provide open, free and transparent derivatives markets without the need to have bank account or access to a stock exchange. A major advantage Celo offers and we will make use of are fast and cheap transactions as well as the mobile-first approach.
See project information on https://www.notion.so/Digioptions-65ede554a58d4d01ab994b3e15b14422.