In China, hui lending circles are very popular throughout the country, but what about among the Chinese community in America? It seems like the Chinese American community have also been creating their own hui for a long time, according to this LA Times article from way back in 1988. According…

The Trusted Lending Circle is known as a tanda or cundina in Latin America, as a susu in West Africa, as a hui in China, and as a ROSCA to social scientists. The term “biao hui” (标会 or 標會) is the Chinese term used to describe someone participating in one…

In the aftermath of the 2008 financial crisis, Reuters described a group of Mexican colleagues starting a tanda to pool their money to help them navigate through emergencies. The tanda is an informal Latin American term for group lending associations similar to WeTrust’s Trusted Lending Circle product. In the tanda…

Tandas are a type of informal economic mechanism popular throughout Latin America. The participants in a tanda save their money together and, when necessary, access it. As an example, a tanda might consist of eight members who contribute $20 each on a weekly basis, for a total pool of $160…

Tandas are a type of informal Trusted Lending Circle popular throughout Latin America. The participants in a tanda save their money together and, when necessary, access it. As an example, a tanda might consist of eight members who contribute $20 each on a weekly basis, for a total pool of…

Synthetix is a decentralized protocol for trading synthetic assets on Ethereum, providing on-chain exposure to any asset. So far the supported assets include Bitcoin, gold and US dollars, but will soon include stock in Tesla (TSLA) and Apple (AAPL) as well. We have a new CryptoUnlocked campaign posing the challenge…

Will Kara Swisher run a formal retraction for Recode prior reporting on COVID-19 per Balaji’s Tweetstorm? — One of our most popular recent campaigns deals with a controversy at the heart of tech journalism. Well known entrepreneur and journalist Kara Swisher of the Recode online magazine wrote an article about the coronavirus and its effects on the tech industry in February of this year. Biotech entrepreneur, angel…

Since inception, WeTrust has been continually iterating and improving on the Trusted Lending Circles (TLC) product. We’ve worked with individuals and communities to pilot various versions of the TLC and through closely listening to user feedback, we have iterated on different fund distribution methods for the lending circles including: randomized…

Satoshi Ninjamoto’s CryptoDefender Video Games — A video game developer going by the moniker “Satoshi Ninjamoto” has been creating CryptoUnlocked campaigns for his self published video game, CryptoDefender. The game already has levels for Bitcoin, Ether, and LiteCoin, but Ninjamoto has created CryptoUnlocked challenges around adding levels for Kleros’ Pinakion token and WeTrust’s TRST token, potentially…