DIVA Donate - The first successful campaign completed
By Walodja1987 at
We are delighted to announce the completion of the first conditional donation campaign on the DIVA Donate platform, which officially ended on 11 June. Due to sufficient rainfall levels, no donation was triggered this time, allowing donors to reclaim their contributions.
Specifically, the recorded value of the trigger metric (1 + Average NDVI) was reported as 1.34, exceeding the trigger range of 0.00-1.23 established in the pre-defined payoff profile.
Although no donation was triggered, the pilot campaign is considered a success and has provided valuable insights to our team. We are already preparing for upcoming campaigns to further amplify our positive impact. Donors who have reclaimed their contributions will have the opportunity to redirect their funds towards new initiatives, maximizing the impact of every dollar contributed.
We are grateful to all those that have participated in the DIVA Donate initiative. 🙏
Join the DIVA Donate movement to make a positive impact on the world. If you have ideas for campaigns or can contribute meaningfully to fundraising or development, reach out to the team.
About DIVA Technologies AG
DIVA Technologies AG is a Swiss-based entity that provides DIVA Protocol and other Web3-related consulting services. The company was founded in 2022 by Wladimir Weinbender, Co-Founder of DIVA Protocol, a smart contract-based system for creating and managing custom derivative financial contracts peer-to-peer.
About Fortune Connect
Fortune Connect is a digital financial inclusion hub enabling farmers to access market information, technical knowledge, financial literacy, and financial access tools for credit and insurance in Kenya. Fortune Connect Innovation was started in 2021 and incubated by Fortune Credit before rolling out to several places in rural Kenya.
About Shamba Network
Shamba Network powers an oracle that enables the collection, analytics and use of ecological data on-chain. It provides the web3 ecosystem with infrastructure that allows insight into the physical world, enabling things like ecological impact to be monitored. Through the Shamba oracle, smart contracts can get updated on what is happening on the ground and use this data to trigger a wide variety of actions.