ExsulCoin uses blockchain technology to help refugees.
Pre-ICO Price: 1 ETH = 2000 XUL
Ico Price: 1 ETH = 1000 XUL
ICO begins in:
Full ICO details in Whitepaper.
Every minute, 20 people are forced to abandon their homes because of violence or persecution. And if we put all 65.6 million of these people in one place, forming their own country, it would be larger than the United Kingdom. This is the refugee crisis—an immense and unimaginable suffering on a global scale.
We are building a blockchain technology platform for refugee-led projects. This platform is accessed through ExsulCoin, a cryptocurrency which allows the holder to nominate, vote for, and fund these projects. Users of the platform can also earn ExsulCoin by completing needed tasks, such as delivering drinking water or supplying a medical clinic. In this way we are developing an ecosystem that empowers refugees through financial inclusion, and massively scaling the efficacy of current relief efforts.
James Song is the founder and CEO of FaircapX, a startup focused on solving Myanmar’s biggest challenges. His work at Faircap Partners led him to develop local software engineering teams in an effort to build Myanmar’s technology sector, and those experiences have evolved into what is now FaircapX, ExsulCoin, and ExsulChain. James currently leads the team with his deep technical knowledge and substantial experience working with refugees in the United States, Myanmar, Bangladesh, and Uganda.
As an attorney with expertise in blockchain, smart contracts, and cyber security, Cat leverages her unique skillset to help innovate technology that is compliant across the many jurisdictions where refugees live and work.
Laura has over 10 years of experience as a software engineer and consultant. She brings deep fintech knowledge to the ExsulCoin team, having led several bank projects as software architect and team leader.
Dario Bravo has been a software engineer for the last 15 years and brings broad practical understanding to his craft, having worked in several industries, including finance, media, banking, and gaming.
Coco is a graphic designer and illustrator from Bangkok, Thailand, and is responsible for creating many of the beloved animated characters the Exsul app uses in its children’s content. In addition to creating beautiful things, Coco works out religiously and loves kittens.
Richard brings over 15 years of design experience to the team, and is an expert in combining data and design to create mobile applications that people love. He is responsible for all of Exsul’s user interface and visual design.
Rajiv Pant is Chief Product & Technology Officer at the Wall Street Journal, responsible for product, design, and engineering. He reports jointly to the WSJ editor-in-chief and to Dow Jones corporate. Previously, as the CTO of the New York Times, Rajiv led the successful development and delivery of dozens of acclaimed mobile and web products over four years. Earlier, he headed up digital technology at Conde Nast for four years, where he managed multiple successful teams, including Reddit. His leadership experience includes CTO of Cox Media Group, VP engineering at Knight Ridder, and roles at startups.
James Jalil is a partner at Thompson Hines’ Corporate Transactions & Securities and International practice groups, and is a principal member of the Family Office Services Group. He chairs the firm’s India Desk, as well as its Cryptocurrency Group.
Mohammed Shafi is a Rohingya refugee living in the Cox’s Bazar area of Bangladesh. Shafi is a Rohingya community leader and works extensively with international media, including BBC and The New York Times. He was born in Rakhine State, in Burma, and has been a refugee since 1992. Shafi dreams of a better life for his wife and two children, in his Burmese homeland.
ExsulCoin is an ERC-20 token—much like OmiseGO, Civic, and Amber—that drives the ExsulChain platform. People who own ExsulCoin can use their tokens to help build refugee-led projects. In addition, refugees can use ExsulCoins to pay for tutoring, mentorship, or nanowork tasks.
Refugees often find themselves in strange, uncomfortable situations that could be relieved with a tiny bit of help. For instance, a newly resettled refugee in the United States might not be able to understand how to test and apply for a drivers license. In this instance, just a half-hour of help can lead to tremendous benefits, since having a drivers license means being able to access more services and job opportunities.
Existing online solutions are inadequate since they’re not available everywhere and often involve broken communities and scammers. The ExsulChain platform links user reputation to identity, meaning you’re only as trustworthy as your user rating, which is completely open on the public blockchain. Being on the blockchain also means you can’t delete bad ratings—which encourages better user behavior, and a better community overall.
When we built the ExsulChain reputation system, we immediately knew we could use it to help solve these “nano” challenges faced by refugees. That’s when we created nanowork—tiny, one-off tasks that you can be paid for, either in-person or remotely. And you don’t have to worry about problems with Paypal or having enough cash—everything is processed using ExsulCoin tokens on the Ethereum blockchain.
Refugees live in a grey-area in society, where sex trafficking, extortion, and slavery are commonplace. Being able to track transactions within the community allows us to flag problems and alert relevant authorities, while keeping us accountable to the public.
Additionally, the immense public hatred for refugees means we needed a way for participants to have skin-in-the-game when interacting with refugees. (So if someone’s going to troll people on our platform, they’ll need to pay the victims for that.)
Lastly, refugees are generally don’t have credit cards and don’t trust financial institutions. Having a blockchain-based token from a community they’re a part of solves this issue.
Our ticker is XUL, and, for security, our Ethereum wallet address can be found through https://exsulcoin.com/signup
Firstly, sign up for an ExsulCoin wallet: exsulcoin.com/signup. Then, send your ETH to our address. The calculation and delivery of XUL tokens are handled by our smart contract.
The ExsulCoin ICO marks the launch of the XUL cryptocurrency which drives the ExsulChain blockchain platform for refugees. It is the world's largest ICO to date.
Every refugee has a story. ExsulBeads was created to help them tell it. We partner with refugees to make sustainable products that represent who they are and where they are from, and then we help them distribute it through social media and other channels.
Saleh Ahmed is 60 and has just arrived at the Kutapalong Refugee Camp after fleeing violence in western Burma. It is rainy season and he needs a tarp to stay dry at night, and some food, as refugee overflow has stretched supplies thin.