A Self-Sustaining Bitcoin-Powered Future

The AfriBit Circular Economy Model Simplified

We are redefining how financial systems operate by introducing a Bitcoin-powered circular economy that allows individuals and businesses to earn, save, and spend Bitcoin within their communities. This model is designed to break financial barriers, empower entrepreneurs, and create a self-sustaining economic system that operates without dependence on centralized institutions.
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Economy Works

Bitcoin Satoshis, and Earning in
SATS

✅ Merchant Payments – Business owners accept Bitcoin for goods and services.
✅ Recycling & Waste Management – Youths and locals earn SATS by collecting and sorting recyclable waste.
✅ Education & Skills Training – Incentivizing participation in workshops with Bitcoin rewards.
✅ Work & Freelancing – Community members provide services and are paid in Bitcoin.

Example: A Kibera resident collects plastic bottles and delivers them to a Buy-Back Centre. In return, they receive Bitcoin (SATS) in their Lightning wallet, which they can then use to buy groceries or pay school fees.

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Circular Economy

Spending Bitcoin
Locally

For a circular economy to function effectively, people need to be able to spend Bitcoin on essential goods and services. We onboard local merchants and businesses to accept Bitcoin, ensuring that the community has a reliable spending network.

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Merchant Empowerment Program

Supporting Local Businesses and Growth

Afribit’s Merchant Empowerment Program ensures that businesses thrive within the circular economy by providing:

📌 Business Accelerator & Loans – Bitcoin-backed microloans to help small businesses scale.
📌 Marketing & Branding – Educating merchants on leveraging Bitcoin for business growth.
📌 Community Buy-In – Encouraging locals to shop within the Bitcoin network.

Example: A small restaurant accepts Bitcoin payments, allowing customers to buy food using SATS. Over time, the business grows as more people start transacting in Bitcoin, creating a positive cycle of economic activity.

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The 8 Pillars of a Bitcoin Circular Economy

Afribit is more than just a platform—it's a movement that empowers communities to redefine financial freedom.

Afribit Wallet – Secure & Seamless Bitcoin Transactions

Contributions:
Provides users with secure Bitcoin storage and Lightning Network integration for payments. Encourages savings and everyday transactions, driving Bitcoin adoption.
Interdependencies:
Links to Afribit Rewards for earning loyalty points.
Connects to Afribit Exchange for seamless Bitcoin purchases.

Afribit Exchange – Onramp/Offramp

Contributions:
Enables users to convert fiat to Bitcoin and vice versa, promoting liquidity.
Simplifies adoption for new users through easy onboarding.
Interdependencies:
Powers Afribit Wallet with Bitcoin liquidity.
Supports Afribit Finance by enabling collateral management.

Afribit Finance – Bitcoin Lending Facility

Contributions:
Provides merchants with access to Bitcoin-backed loans for scaling businesses.
Drives economic activity by offering credit within the ecosystem.
Interdependencies:
Relies on Afribit Mining Liquidity Pool for funding.
Supports Afribit Marketplace by enabling merchant growth.

Afribit Rewards – Merchant & Customer Loyalty Program

Contributions:
Incentivizes Bitcoin transactions through customer rewards and discounts.
Enhances merchant customer retention and repeat business.
Interdependencies:
Integrated with Afribit Wallet for redemption.
Boosts Afribit Marketplace activity by encouraging loyalty.

Afribit Business Accelerator Program – Merchant Education & Waste Recycling

Contributions:
Offers merchants education on Bitcoin usage and business growth strategies through the Waste Management Pilot Project.
Incubates small businesses to drive economic empowerment.
Strengthens community participation in the Bitcoin circular economy.
Interdependencies:
Strengthens Afribit BCE through education.
Supports Afribit Finance by preparing merchants for credit access.

Afribit Social – Community Engagement Through Nostr

Contributions:
Facilitates community engagement and communication within the BCE.
Promotes merchant visibility and customer interaction.
Interdependencies:
Boosts Afribit Rewards by connecting merchants with consumers.
Drives adoption across other pillars through social integration.

Afribit Mining Liquidity Pool – Strengthening the Bitcoin Economy

Contributions:
Generates Bitcoin liquidity for Afribit Finance.
Reinforces the BCE by keeping mined Bitcoin within the ecosystem.
Interdependencies:
Funds Afribit Finance loans and rewards programs.
Links to Afribit Exchange for liquidity management.

Afribit Marketplace – The Digital Hub for BTC-Powered Trade

Contributions:
Provides merchants with a digital platform to showcase and sell products.
Encourages Bitcoin transactions within the ecosystem.
Interdependencies:
Driven by Afribit Rewards for customer loyalty.
Supports Afribit Finance by growing merchant revenue streams.