Photo credit: DiasporaEngager (www.DiasporaEngager.com).

We all know the emergence of blockchain technology has transformed the landscape of finance offering new opportunities for social and economic empowerment globally.  What we fail to realize is that this is especially important in the developing world, where millions are unbanked, unemployed and underserved, yet nothing is being done. In light of this, under the aegis of the Humanity Protocol, a new venture is surfacing that seeks to change this space. Known as the Dream Play, the initiative seeks to provide income opportunities for African and Asian entrepreneurs, setting a new standard for sustainable employment.

A New Horizon for Entrepreneurs

Originally known as the Africa Startup League, the rebranded Dream Play, represents a significant evolution. As a platform for showcasing entrepreneurial skills it has morphed into a comprehensive ecosystem where young innovators will access jobs and create substantial economic impact. This transformation aligns with the broader goals of the Humanity Protocol to promote investments, social development and economic empowerment that not only yield financial returns but also generate positive social outcomes. 

Addressing Unemployment in Africa and Asia

For the most part, in much of the developing world, namely in Africa and Asia, unemployment remains a critical challenge with profound implications for economic stability and social cohesion. According to the International Labour Organization, the unemployment rate in sub-Saharan Africa stood at approximately 6.1% in 2023, while South Asia faced an even higher rate of 7.2 per cent. These figures, however, only scratch the surface, as they often exclude vast numbers of underemployed and informally employed individuals, particularly young people and women. The situation presents an urgent need for innovative solutions that can provide sustainable employment opportunities in these regions.

“At Dream Play, we recognize the untapped potential residing in the underprivileged communities of Africa and Asia. Our mission is to introduce technology and to integrate these communities into the global digital economy, ensuring they have the tools and opportunities to thrive in an increasingly connected world,” said Marcus Dukes, Founder and President of Humanity Protocol.

Humanity Protocol’s “Dream Play” platform provides a structured pathway for individuals in Africa and Asia to enter the new digital workforce. By accessing digital technology, Dream Play offers tools and resources enabling users to develop marketable skills to engage in entrepreneurial activities directly from their devices. This accessibility is crucial in regions where traditional job markets cannot keep pace with the growing population of young job seekers. Through Dream Play, individuals are not just finding jobs; they are creating them, thus actively combating poverty and contributing to a new economy shaped by digital innovation and inclusive growth.

Read Also: African Startup League: Competition for funding over 10,000 startups every year

Fostering Entrepreneurship for Economic Prosperity in Africa and Asia

Dream Play’s initiative under Humanity Protocol represents a transformative step towards redefining entrepreneurship in emerging markets. By providing a digital platform where innovative ideas can be minted, managed, and monetized through Dream Play Tokens (DPLY), young entrepreneurs are given the tools necessary to launch and sustain their ventures. This system democratizes access to funding but also eliminates many of the geographical and financial barriers traditionally hindering business creation and growth in Africa and Asia. As these entrepreneurs flourish, they not only generate income for themselves but also create jobs and foster economic activities in their local communities.

The Launch of the Humanity Protocol Dream Play Token

The Humanity Protocol Dream Play Token (DPLY), launched on May 1st 2024, and symbolizes the ambition to democratize the sector of innovation through blockchain technology. The token serves as a medium of exchange within the Dream Play ecosystem, providing a tool for transaction and interaction among its users. The unique aspect of this initiative lies in its governance model and distribution strategy, designed to ensure fairness and equal opportunity for all participants.

According to Dukes, “Investors in Dream Play are not just funding a project; they’re investing in a future. The returns are twofold: substantial financial gains as the platform scales and the priceless impact of transforming lives through innovative entrepreneurship.”

Investors into the program essentially fund it as a crowdfunding VC platform, through which token holders essentially invest in entrepreneurs whom they see fit. Users of the program can participate in various digital competitions and entrepreneurial challenges, which are structured to not only reward creativity and innovation but also to provide real-world business exposure. Participants can earn by staking their tokens, engaging in community tasks, or directly using their tokens to fund business ideas and startups.

By providing a digital platform where innovative ideas can be minted, managed, and monetized through Dream Play Tokens (DPLY), young entrepreneurs are given the tools necessary to launch and sustain their ventures. This system provides access to funding in regions where it never existed and eliminates many of the geographical and financial barriers that traditionally hinder business creation and growth in Africa and Asia. As these entrepreneurs flourish, they not only generate income for themselves but also create jobs and foster economic activities in their local communities.

Dream Play’s approach goes beyond traditional business models by integrating economic activities with social goals. The platform’s focus on providing young entrepreneurs in Africa and Asia with opportunities to generate income and revenue ensures that economic benefits are not just theoretical but have tangible impacts on the ground.

Dukes went on to say that “our vision at Humanity Protocol goes beyond immediate profits. We are building an ecosystem where sustainability is intertwined with every transaction and investment. Dream Play is set to be a cornerstone in this architecture, fostering long-term economic resilience and prosperity through conscious capitalism.”

The Humanity Protocol’s underlying ethos—to align profits with participation and empowerment—is vividly embodied in Dream Play. As this initiative continues to unfold, its potential to reshape the landscapes of technology, entrepreneurship, and community engagement in developing regions remains boundless.

Through initiatives like Dream Play, the Humanity Protocol is not just dreaming of a better future; it is building one. In doing so, it offers a replicable model of how technology and thoughtful investment can be harnessed to create meaningful, enduring change.

Source of original article: Industry and Trade – The Exchange (theexchange.africa).
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