The problem Kuri solves

We are a protocol which brings in age old ROSCA onchain, but as one of it's derivatives that make use of what blockchain and it's programmability unlocks in a trustless manner which was not possible earlier.

https://www.storydoc.com/c3ef446db69e96101498162aad19bdda/6d0bab9f-c797-4a42-a940-42e88c265769/687807b18537ccf08b13c57b

People used to collectively save funds in almost all of the third world countries and to this day it's a multi billion dollar industry which is being coordinated peer to peer in the most inefficient manner, but we are building a platform where anyone can come and launch their own ROSCAs or Kuri, we are solving for couple of major problems that existing ROSCAs face,i.e the custody issue where the organiser could run away with the whole money which is now handled by smart contracts, and most of these third world countries where people rely on such systems face hyper inflations so even if they save up money their inflation is eating a major chunk of what they have saved, we are solving users to save in USD pegged stablecoins by default they can choose to save in their own local currency stablecoins, another major issue almost all of these systems traditionally face is the payment defaulting by users, we are setting up a reputation layer plus a incentive system that collectively rewards a circle based on their collective reputation scores and in app behaviours where everyone is incentivised to act on good faith or they will be forced to do so by their peers as any bad faith action by one of the circle members effects their chance of getting rewarded as a whole and this system is really novel and is still in stealth.

Challenges I ran into

Setting up embedded wallets using Para's infra and then adding gas sponsorship on top of it.

Smart Contract Address(es)

KuriCoreFactory:0x408A1C9f08bBA1A8FbFcEE5Bb06171D60660c78C