What impact will the WMT and Empowa NFT have on the ground in Beira Mozambique? #
Through the function of NFT, Empowa enables Casa Real, our local building partner in Mozambique, to build affordable, environmentally friendly and cyclone-resistant starter homes (Starting from $10 000)
More than this, we enable the life-changing, lease-to-own financing option, reducing the interest rate to under 10%. This provides access to the financially excluded and makes the houses affordable.
Through this approach and at this price point, market research indicates that Empowa could grow the market for such home loans from the current 600 households to 4.5 million households. The impact of such an opportunity for Mozambique and Mozambicans is almost impossible to quantify.
How many houses were funded by the WMT and Empowa NFT? #
The WMT and Empowa NFT will finance at least 30 homes in Beira, Mozambique
For how long does the WMT and Empowa NFT receive returns? #
The World Mobile and Empowa NFT will receive returns for 10 years (120 months)
What is the expected monthly EMP return per Impact Card? #
The expected monthly return is 3.5 EMP per Impact Card.
Are returns guaranteed? #
Impact Card returns and rewards cannot be guaranteed because they are dependent on the returns and success of the project with which they are linked. It is obviously in the interests of all the players in the Empowa ecosystem to ensure the success of each project and to maximise both impact and returns. Such success will create increasing value in the Empowa ecosystem. Such increasing value should create increasing value in the NFT, ensuring a virtuous cycle of success, maximising impact, financial inclusion and returns for collectors.
What is the Policy ID for the Empowa World Mobile Seed NFT? #