impactLabs Becomes Validator on Celo Proof-of-Stake Network

All profits will be donated to contribute to impactMarket’s mission of human empowerment

impactMarket
impactMarket
2 min readNov 23, 2022

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impactMarket, the leading human empowerment protocol already serving over 40,000 beneficiaries around the world, runs on the Celo blockchain, on open source, permissionless global infrastructure.

At impactLabs, the company building impactMarket, as big believers in Celo’s mission of prosperity for all, today we announce the launch of our validator group, directly supporting the Celo network and helping ensure its integrity. This is exactly the validator’s role: make the ecosystem run smoothly and safely and make sure the service is working as supposed.

We are excited to share that we are doing so with the support of Cnstnt, and have officially transitioned over their validators. We plan to donate all profits from running the validator group directly to impactMarket communities.

As Peter Downs, the founder of Cnstnt said: “impactMarket is one of my favorite web3 protocols and a powerful use case. I am excited to support the impactLabs team in this transition!”. We are grateful for the such positive feedback!

Marco Barbosa, the founder of impactMarket stated: “We are really happy to deepen our commitment to the Celo ecosystem. We joined Celo Foundation’s DeFi for the People Initiative in February 2022 and we recently joined the Social Impact Collective. Today marks another step to accelerate our collective path towards positive change through financial inclusion and economic prosperity.”

To support the new validator group, please stake Celo and elect the following address:

0x21fb4411fa5828344c2788ab07d4cc12a12571b9

Thanks for your support!

If you have any questions, you can reach out to us at impactmarket.com, docs.impactmarket.com, or directly by emailing us at hello@impactmarket.com.

You can also find us on Medium, Facebook, Instagram, LinkedIn, Twitter, GitHub, Youtube, Telegram, and Discord.

Dare to dream with us!

You can be part of the change and empower people all around the world. Your contribution goes to the UBI communities, and when donating cUSD to a specific community or through the impact Farming page or to a specific community, you get $PACT tokens as a reward for the impact you´ll have made. You can also stake your $PACT to get even more rewards.

impactMarket (The Human Empowerment Protocol)

impactMarket provides accessible financial solutions to empower underprivileged people all over the world, unlocking opportunities and human potential. Our inclusive protocol is transparent, reliable, and borderless. It operates as a DAO on top of the Celo network, using $PACT as its governance token while running autonomously through smart contracts.

impactLabs (the company)

impactLabs Lda, based in Portugal, was founded in Nov 2020 by Marco Barbosa, Bernardo Vieira, Afonso Barbosa, and eSolidar. The company is focused on building accessible decentralized systems to unleash human potential and disrupt access to finance while driving DeFi adoption.

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impactMarket
impactMarket

impactMarket provides accessible financial solutions and knowledge for underprivileged people, unlocking opportunities and human potential.