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Cylo

A decentralized marketplace that enables peer-to-peer connections and instant payments between consumers and farmers. Eliminating middlemen unlocks higher farmer profit and lower consumer cost.

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Tech Stack

React
Next
Web3
Node
Cairo Smart Contracts
Backend

Description

Cylo is a decentralized payment platform built on Starknet, enabling farmers and consumers to trade farm produce directly, peer-to-peer, without middlemen, by leveraging the blockchain's speed, transparency, and trustlessness. Cylo empowers farmers to earn up to 40% more with fast payouts, while consumers save up to 20% on fresher produce. With a low 2.5% fee, a user-friendly app, Cylo tackles especially small farmerholders' agro-market pain points, viz, middlemen’s 40% cuts, delayed payments, and inflated prices. Designed for smallholder farmers, Cylo fosters trust and efficiency, scaling from pilot to a global powerhouse in the World's agro market.

Progress During Hackathon

Technical implementation - Smart contract building, frontend building, designs and documentation.

Fundraising Status

Nil
Team Leader
DDaniel Joseph
Project Link
Sector
DeFiRWA