Borderless Money is a pioneering decentralized, crypto-based endowment protocol. It functions on an innovative concept that fundamentally changes how contributions are managed and used. Unlike traditional systems, this non-custodial protocol sends the main capital directly, and only the yields are distributed. The contributors are given the freedom to withdraw their contributions at any time. The primary objective of Borderless Money is to establish democratic and transparent mechanisms for the distribution of social investment funds via income-generating products. This is not a charity but a perfect example of a Circular Economy.
About Borderless Money
The Borderless Money project is first of its kind, presenting a fresh perspective on traditional endowment systems. It's a protocol that allows direct sending of the main capital that contributors deposit, while only the yields are distributed. In essence, it revolutionizes the management and use of contributions, offering participants an unprecedented level of control and freedom.
Withdrawal Freedom
In the Borderless Money protocol, contributors are not bound by any restrictions on their deposits. They have the complete freedom to withdraw their contributions whenever they wish. This flexibility is one of the distinguishing features of Borderless Money, setting it apart from conventional systems.
Democratic and Transparent Mechanisms
A core mission of the Borderless Money project is to establish mechanisms for the distribution of social investment funds that are transparent and democratic. It aims to achieve this through the creation of income-generating products that benefit contributors while also supporting worthwhile causes.
Circular Economy
Borderless Money is not a charity; instead, it operates on the principles of a Circular Economy. This means that it functions as a system that aims to eliminate waste and the continual use of resources. In doing so, it creates a cycle of positive benefits for all participants, ensuring sustainable and continuous growth.
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