Investment in Gane, the Free mobile carrier, bringing financial inclusion for millions

Name of Project

Gane

Proposal overview

Gane brings financial inclusion to millions of middle and low-income users with its free cellphone service that includes a crypto wallet and financial education.

Users install a Gane SIM card on their cellphone and start earning GANE token for their interactions on sponsored content and with the Gane Wallet. GANE tokens can also be used to receive remittances, make payments, and store value.

Users interact with educational videos and missions that teaches users about crypto, how to save and invest, and how to use a curated selection of blockchain solutions that improve their lives, like low interest personal and small business loans among others.

Gane targets ~80% of the population in developing countries, launching in Latin America where there are over 500 million prepaid mobile consumers. Gane will launch in Mexico in May 2022.

Gane has access currently to 75,000 stores in Mexico for cash-in, where users can purchase GANE token with their FIAT, just as if they were recharging their prepaid service.

Sponsors have direct access to Gane Ads, a web interface that will allow them to select their target, upload their content, and purchase GANE token for users to gain with interactions.

Gane is ready to launch in Mexico in May 2022 as a licensed MVNO (virtual mobile carrier), from where it will scale to other LatAm countries starting with Colombia. As a cellphone provider, Gane has already developed the Gane APP, which is in test mode in both Google Play and App Store, developed the Gane Ads ad engine, as well as many other milestones. Please review our deck for a complete list! Gane will launch mobile service first in May and will launch tokens in main net during summer 2022.

Proposal ask

$150K
Gane is raising on a SAFTE, currently a SEED round of $1,600,000 with GANE tokens valued at $0.016, already raised >50% of the round led by Flori Ventures and other strategic blockchain investors.

Metrics for success

Year 1:

300,000 users with Gane Wallet
$800K USD revenues

External links

[[Project link, demo, whitepaper, video]]
https://docsend.com/view/czxkp86qp9mfi6uf

Unfortunately until we have a solid use case for Gane to launch on Harmony we will have to pass on this proposal. Originally it was approved but due to the project launching on Celo first, we don’t see the business case for how the token will live on two chains. We love this project but don’t see how Harmony fits into the multichain strategy.

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Great project. Spent some time in Grenada, in the Caribbean, and could see this spreading like wild fire on the island nations. Wish your team the best of luck!

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