DeFi/Crypto/Catalyst/Cardano is not mainstream and it is difficult to onboard new people into the crypto markets.
Pharo engages the public w/auto cover maker that allows buyers to protect expenses and allows crowd-sourced liquidity and rev generation.
This is the total amount allocated to Pharo ACM.
Will focus on sidechain interoperability, djed, and composability across protocols.
RESOURCES
Meet Pharo:
Off-chain Voting
https://snapshot.org/#/pharo.eth
Governance Portal
Github
https://github.com/PharoACM/pharo-acm-npm-package
DEVPOST
https://devpost.com/software/pharaoh-396l85
Gitcoin
https://gitcoin.co/grants/2523/pharo-automated-cover-maker
Team:
https://github.com/codenamejason
https://github.com/SeanMGonzalez
https://github.com/QuasarVentures
Submitted in Fund 5. Smart contracts on polygon and ethereum are in testnet. 20+ years in insurance, 5+ years in blockchain