PLEARN is a virtual board game to raise youths’ awareness about financial literacy. It is the new board game pioneer that introduces a financial management tool to the market that is based on blockchain and built in the Metaverse. Moreover, with the increasing importance of sustainable investments in the financial market, youth will inevitably be confronted with sustainable investment options when deciding how to allocate their assets. But without a proper knowledge of sustainability and its inclusion in financial products, youth will not be able to make informed investment decisions and achieve efficient market outcomes. When this knowledge is absent or insufficient, youth become prone to possibly misleading marketing and manipulation by financial providers. As a game creator, we intend to empower youth with strong financial literacy to be able to make savvy financial decisions through allowing participants to play PLEARN in order to learn how to manage their finances via its four pillars: Trading deals, Real estate deals, Auction market deals, and ESGROW.
ESGROW is a launchpad platform where users can join to submit their own ESG - related projects. By participating in Impact Investing with the express goal of generating and measuring mission-related social, environmental or economic change alongside financial return then can participate in crowdfunding to help them raise funds for their projects through voting, minting NFTs, and raising funds from the NFT marketplace. Capturing an appropriate return is critical to do so, as this will ensure that the fund will be able to carry out the interests of the users by building stronger alliances with frontline communities most greatly impacted by the extractive economy and working towards a just transition towards regenerative finance.
Regardless of the ongoing attention and the rise in ESG investments, investors yet people with ESG-related ideas are still finding challenges to collaborate. For investors, they find it challenging in finding a service provider who can provide them with the right information so they can make the right investment decision and to be greenwashed by false information. From the entrepreneurs' side, they are trying to validate their ideas and provide the information that proves their ESG-related projects.
It is all about sustainable finance and its importance in making savvy financial decisions– the integration of environmental, social, and governance factors into the investment decision-making process, has been a trending topic in financial markets in recent years as investors’ money flowed into bonds, stocks, and portfolios with an ESG focus. This trend towards allocating capital for ESG assets and goals is a crucial part of the transformation towards a more sustainable economy. Moreover, everyone should understand these concepts to amplify the beneficial effect on society and induce a change in investment habits for retail investors. As a result, sustainable financial literacy, meaning an understanding of sustainable financial products and their use for promoting sustainable development goals – plays a key role in the integration of ESG factors into financial decisions. The first step in achieving sustainable finance literacy is creating awareness. While the financial sector is advancing at great speed towards integrating ESG factors in financial decision-making, teaching sustainable finance lags behind. Teaching sustainable finance courses is therefore essential. However, to create awareness we need more than specialized courses and here when ESGROW was born.
We have created a crowdfunding launchpad platform, ESGROW. In ESGROW, we help both investors as well as entrepreneurs to grow. We aim to ESGROW together. Through introducing a solution where entrepreneurs can share their innovative solutions that are related to poverty, better education, gender equality, clean water and sanitation, life below the water, and climate action with the public for their new projects and involving the public, including investors, to decide if this is a valid idea or not, we have created a space for both parties to meet. We created the space for investors to also study the project before starting to invest in it. through ESGROW platform, everyone can vote for the project that can serve the society more and introduces more innovative solutions to the current problems.
Participants, before submitting their own projects, will go through a learning process. To learn about sustainable finance and how it affects our daily life decisions. This will also help them better understand the importance of the ESG in our daily life. We are creating a platform where entrepreneurs can learn and bring up innovative solutions and share them with the public with full transparency, which in return, investors can have full access to the data and information they need before starting investing their money. Participants, through the platform can submit innovative solutions in many different ESG categories and we give the opportunity to participate and choose the most innovative solution.
https://esgrow-web-3-athon.vercel.app/
Client
Backend
Challenges and Solutions
1- Airdrops: - Solution: We have used chainlink to automate the "airdrop" function of the smart contracts
2- AWS:
- The varities AWS provide in terms of tools, databases and products,creates a difficulty in choosing the right tool for the project.
Solution: We start with databases relating to the environment topics, which can narrow down the confusion and timing.
- Participation is open to the public and anyone who has an ESG-related idea and thinks that it could become a succeful project can participate and submit it
- Each participant will be allowed to submit only one project
- Maximum number of accepted projects is 50
- Community will vote to choose 10 out of 50 projects
- Each token holder has 2 votes
- Batches: 3-4 batches/year
- Ideas: people submit their projects
- Voting: community votes
- NFT: Minting NFT for the winning projects
- Funding: get funds through the NFT marketplace
1- Proposals People can submit their idea/project through a form.
Form:
- Name of the projects
- ESG category
- Brief description of the idea
- Link to the main documents
2- Voting
- Projects will be subject to the community voting system. Community members, once the projects are submitted and after the submission period, will be able to check all the projects and start voting. Each community member will only have two votes; meaning that they can only vote for a maximum of two projects or can vote twice for the same project. Transferring tokens are not allowed during the voting process.
Results announcement
- After the voting period deadline, the number of votes will be displayed on the dashboard so all community can see the results and winning projects
- Winners will be invited to an interview with ESGROW team to introduce themselves
- NFT will be minted for the winning projects to represent the idea of the project
- This NFT will be fractionalized.
- NFT will be listed in the marketplace
- Some of the NFT fractions will be distributed to community members who have voted for the winning projects
NFT Fractionalization features for the winning project:
--Liquidity --Ultimate price
Funding:
- Funding projects will be split into 3 phases:
- 30% to fund the project’s first phase
- 40% to fund the project’s second phase
- 30% to fund the project’s 3rd and last phase
We are facing the challenges of transferring the technology from Web 2 to Web 3. Our biggest challenge was the FNFT smart contrats, as this subbject is new to the team, we were facing some difficulties in building smart contracts, however, witht the support and the collaboration between team members, we were able to overcome this issue.
The collaboration of the team made achieving the milestones of the project in a short period of time and within the deadline feasible.
We have learned about the GameFi market, the Web 3 ecosystem, and how to integrate sustainable finance in blockchain to create a useful product. We have also learned about the FNFT which is a new topic for our team, however, we have managed to run, the FNFT smart contract, successfully.
ESGROW will be part of a bigger project, PLEARN, which is a game aims at teaching financial literacy. ESGROW, will present the fourth pillar of the game which is the ESG-related projects deal. Once it is integrated into the game, participants will have the chance to learn about the importance of sustainable finance in making their financial decisions.
Governance Token
- MANI: is the governance token of the main project, PLEARN ( PLAY.LEARN.EARN) Users can acquire MANI either through buying it directly from the platform, or through the completion of the learning process when they play PLEARN. Only users who hold MANI can participate in submitting/voting process. We will airdrop users with two tokens in order to partipiate in both the submission and the voting process. However, these tokens can be used to vote twice, including their own project.
| Color | Hex |
|---|---|
| Primary Color | Green #afd9d5 |
| Secondary Color | Grass green #7ed957 |
| Text Color | White #ffffff |
To run ESGROW, you will need to add the following environment variables to your .env file
API_KEY
ANOTHER_API_KEY
This project uses Node as package manager
npm installInstall dependencies with npm
npm install
cd app/clientClone the project
git clone https://github.com/CryptoStein-PLEARN/ESGROW-TRON-HACKATHON/blob/main/README.mdGo to the project directory
cd app/clientInstall dependencies
npm installStart the server
npm run clientTo deploy this project run
npx hardhat deploy- NFT Minting Contract Address (ERC115):
- 0xb81449C4362adb2850a385f03B54207c9eA33319
- Marketplace Contract address:
- 0x7830ee252b702C5E0fdCB55E2EDE71495383CC83
- Management Contract Address:
- 0x9Ffe65ca50985eE803cA8C03D4848C979604f459
- MANI Contract Address:
- 0x71f3513a72fB7e1DE3c8F3Fd55F8D92adCe0a1D4
- ✅ Readme
- ✅ Canva sketching
- ✅ Front-end design
- ✅ MANI token smart contract
- ✅ Managment contract
- ✅ Voting and minting smart contract
- ✅ Hardhat deployment
- ✅ Demo video
| Nada Jabr | Project Leader | Manage project content | https://www.linkedin.com/in/nada-jabr-15838b39/ | NJ-2021 - CryptoStein |
|---|---|---|---|---|
| Beshoy Shehata | Tech Lead | Coordinate the project technicals | https://www.linkedin.com/in/beshoy// | 0xBeshoy |
| Ujjwal-webdev | Game developer | Designing the game board | https://www.linkedin.com/in/ujjwal-sachdeva-5064651b4/ | ujjwal-webdev |
| Sanskar-tyagi | Front-End Deve. | ESGROW front-end desing | https://www.linkedin.com/in/sanskar-tyagi-953a921b1/ | Sanskar-tyagi |
| Rawan Mohsen | Product Owner | Team coordinator | https://www.linkedin.com/in/rawan-mohsen-74563718b/ | rawanmo7sen |
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Email: [email protected]
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Twitter: @stein_crypto