Index Africa’s mission is to be both a world class indexing node while using the incredible innovations in Web3 to educate and uplift a future generation of rural Africans to participate in the future crypto economy.
As a social enterprise the node contributes a percentage of indexing rewards to its non-profit partner the Good Work Foundation (GWF), a South Africa-based organization that aims to teach digital literacy and STEM education in the most rural parts of the country. Index-Africa sees this decentralised philanthropy (DePhi) funding model as a classic example of how innovations in the Web3 space can travel and start to uplift the lives of many people in unexpected ways, thereby reshaping how the world works.
Index Africa is uniquely positioned to be a bridge between Africa’s rural people and the future decentralised economy. The Index Africa team has a rare combination of first world technical capabilities together with a long history of working in Africa’s most rural areas to bring access to world class digital training.
We see ourselves as a bridge between technical skills, operational skills and social change agents on the ground in Africa. We see a huge future for web3 in Africa and with partners like the Graph we are doing the work of creating transformative new models for society.
This is a model that does not endlessly call for more hand out donations and will make foundations sustainable while being deeply attractive to people who want to support DePhi.
Our community has always known that Africa is packed with latent talent and in 2003 we founded the GWF to bring access to world class education on the ground in Africa’s most rural areas.
At this point in time we now see that what we need to do is connect future generations in Africa with the decentralized economy. We need to train and arm rural learners coming through the digital learning center with the skills they would need to participate. Computer literacy, hardware & networking skills, programming and in time maybe even Indexing facilities – you name it.
The GWF challenges HOW we learn, WHAT we learn, and WHO has access to learning.
GWF reimagines education for rural communities, from preschooler to adults.
Index-Africa is the only Indexer node in Africa. Our long term expectation is to offer a balanced annual percentage yield (APY) for our delegators as part of our long term intention to build a closed loop funding mechanism for Decentralised Philanthropy (DePhi) via the Good Work Foundation.
Instead of extracting value from users, Web 3.0 networks capture value by creating opportunities for them instead. In this way, Web 3.0 protocols turn the economic incentive structure of today’s internet on its head so that more people can participate.
We are connecting two worlds by inviting delegators to stake with us so that a portion of all Indexer rewards and query fees generated for the from delegations can be used to fund the GWF and its access academies.
This allows delegators to earn rewards from their delegations and also be partners in developing digital literacy in Africa, to train the next generation of Crytoprepreneurs.
R&D around feasibility of running an Indexing Node for the Graph Protocol on Ethereum Testnet.
Setup Alpha version of the Indexing Node on local servers in South Africa. The first Indexing Node in Africa
Setup Beta version of Indexing Node with high performance raid servers
Begin process of sub-graph deployment and management in order to initiate query volume growth.
Setup replicable Indexing Nodes in other African regions in Africa
A portion of the proceeds earned from Indexing rewards are committed to progressing digital literacy in Africa. This is done by funding the Crypto Training Academy at the Good Work Foundation's Hazyview Digital Learning Center.
Curate and create further subgraphs for deployment and query volume