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For a full overview of EthicHub, read the CER EthicHub Card!
EthicHub is a blockchain-enabled social enterprise and protocol designed to assist financially underserved communities, particularly smallholder coffee farmers in Latin America, operating since 2018.
EthicHub connects global lenders with these farmers, providing them with accessible and affordable credit for their economic activity, and also helps them sell the coffee itself. The platform minimizes lending risks through a unique compensation system, supported by EthicHub's native token, Ethix. This innovative approach not only offers financial inclusion for the unbanked but also connects decentralized finance (DeFi) to the real-world productive economy.
It’s also worth mentioning that EthicHub’s coffee is of the best quality according to traditional coffee standards and has high ecological value, as most of the farmers practice regenerative agriculture and are incentivized to do so.
EthicHub is on CER because it’s one of the best successes of the promise of the crypto industry of advancing the Commons combining two elements: sophisticated blockchain-based market incentivization schemes and the cooperative generation of tangible positive value for its stakeholders and the planet—with roots in the “real world” of regenerative farming.
It has been able to attract and engage with all kinds of categories: commoners, investors looking for profits, regenerative farmers, crypto enthusiasts, climate advocates and institutional investors. It still thrive after 5 years and it’s now moving toward decentralized governance to become even more democratic and generative for the Commons.